PT Sinar Eka Selaras Tbk
PT Sinar Eka Selaras Tbk distributes and retails lifestyle products and solutions of various brands in Indonesia. The company operates through Accessories, IoT and Others; Cellular Phones and Tablets; Computer & Other Electronic Devices; and Fashion Apparel segments. Its accessory products include casings and covers, earphones, chargers, data cables, power banks, protective skins, consoles, game … Read more
PT Sinar Eka Selaras Tbk (ERAL) - Net Assets
Latest net assets as of March 2025: Rp1.66 Trillion IDR
Based on the latest financial reports, PT Sinar Eka Selaras Tbk (ERAL) has net assets worth Rp1.66 Trillion IDR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.55 Trillion) and total liabilities (Rp897.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.66 Trillion |
| % of Total Assets | 64.87% |
| Annual Growth Rate | 31.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.11 |
PT Sinar Eka Selaras Tbk - Net Assets Trend (2020–2024)
This chart illustrates how PT Sinar Eka Selaras Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT Sinar Eka Selaras Tbk (2020–2024)
The table below shows the annual net assets of PT Sinar Eka Selaras Tbk from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.62 Trillion | +10.26% |
| 2023-12-31 | Rp1.47 Trillion | +60.08% |
| 2022-12-31 | Rp915.18 Billion | +25.29% |
| 2021-12-31 | Rp730.42 Billion | +34.46% |
| 2020-12-31 | Rp543.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Sinar Eka Selaras Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 443.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp828.31 Billion | 51.28% |
| Common Stock | Rp518.75 Billion | 32.11% |
| Other Components | Rp268.24 Billion | 16.61% |
| Total Equity | Rp1.62 Trillion | 100.00% |
PT Sinar Eka Selaras Tbk Competitors by Market Cap
The table below lists competitors of PT Sinar Eka Selaras Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cue Biopharma
NASDAQ:CUE
|
$21.24 Million |
|
SHL Telemedicine Ltd American Depositary Shares
NASDAQ:SHLT
|
$21.24 Million |
|
Daiyang Metal
KO:009190
|
$21.25 Million |
|
Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY
|
$21.25 Million |
|
Beauty Community Public Company Limited
BK:BEAUTY
|
$21.23 Million |
|
Alony Hetz Properties and Investments Ltd
TA:ALHE
|
$21.23 Million |
|
Eslite Spectrum
TWO:2926
|
$21.23 Million |
|
Duluth Holdings Inc
NASDAQ:DLTH
|
$21.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Sinar Eka Selaras Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,465,050,527,270 to 1,615,305,871,910, a change of 150,255,344,640 (10.3%).
- Net income of 201,450,118,810 contributed positively to equity growth.
- Dividend payments of 51,875,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp201.45 Billion | +12.47% |
| Dividends Paid | Rp51.88 Billion | -3.21% |
| Other Changes | Rp680.23 Million | +0.04% |
| Total Change | Rp- | 10.26% |
Book Value vs Market Value Analysis
This analysis compares PT Sinar Eka Selaras Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.19x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Rp104.72 | Rp334.00 | x |
| 2021-12-31 | Rp140.80 | Rp334.00 | x |
| 2022-12-31 | Rp176.42 | Rp334.00 | x |
| 2023-12-31 | Rp282.42 | Rp334.00 | x |
| 2024-12-31 | Rp311.38 | Rp334.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Sinar Eka Selaras Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.16%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 1.59x
- Recent ROE (12.47%) is below the historical average (17.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 13.47% | 3.71% | 1.75x | 2.07x | Rp18.83 Billion |
| 2021 | 25.57% | 8.51% | 2.46x | 1.22x | Rp113.75 Billion |
| 2022 | 20.15% | 6.07% | 2.20x | 1.51x | Rp92.91 Billion |
| 2023 | 14.40% | 5.66% | 1.87x | 1.37x | Rp64.52 Billion |
| 2024 | 12.47% | 4.16% | 1.89x | 1.59x | Rp39.92 Billion |
Industry Comparison
This section compares PT Sinar Eka Selaras Tbk's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $767,972,453,546
- Average return on equity (ROE) among peers: 0.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Sinar Eka Selaras Tbk (ERAL) | Rp1.66 Trillion | 13.47% | 0.54x | $21.23 Million |
| Ace Hardware Indonesia Tbk (ACES) | $5.51 Trillion | 12.53% | 0.30x | $164.96 Million |
| Duta Intidaya Tbk PT (DAYA) | $71.94 Billion | -71.87% | 8.58x | $10.95 Million |
| PT Global Sukses Digital Tbk (DOSS) | $90.56 Billion | 26.77% | 0.80x | $3.15 Million |
| Electronic City Indonesia Tbk (ECII) | $47.92 Billion | 0.00% | 4.33x | $7.70 Million |
| Erajaya Swasembada Tbk (ERAA) | $1.02 Trillion | 26.52% | 0.26x | $164.31 Million |
| Globe Kita Terang Tbk PT (GLOB) | $-744.97 Billion | 0.00% | 0.00x | $1.09 Million |
| Himalaya Energi Perkasa Tbk PT (HADE) | $11.89 Billion | -3.91% | 0.15x | $1.70 Million |
| Perdana Bangun Pusaka Tbk PT (KONI) | $136.77 Billion | 14.48% | 0.17x | $6.32 Million |