Eratex Djaja Tbk

JK:ERTX Indonesia Apparel Manufacturing
Market Cap
$17.24 Million
Rp280.47 Billion IDR
Market Cap Rank
#35357 Global
#809 in Indonesia
Share Price
Rp218.00
Change (1 day)
-3.54%
52-Week Range
Rp78.00 - Rp340.00
All Time High
Rp494.39
Categories
Companies in Indonesia Apparel Manufacturing
About

PT Eratex Djaja Tbk manufactures and sells garments in Indonesia. It offers jeans, casual dress pants, denims, and twills. The company also provides personal protective equipment comprising plain masks, fashion denim masks, fashion masks, eye protection masks, hazmat suits, medical gowns, and head and shoe covers; and engages in general trading activities. It also exports its products. The compan… Read more

Eratex Djaja Tbk (ERTX) - Net Assets

Latest net assets as of September 2025: Rp28.66 Million IDR

Based on the latest financial reports, Eratex Djaja Tbk (ERTX) has net assets worth Rp28.66 Million IDR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp79.19 Million) and total liabilities (Rp50.54 Million). 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 Rp28.66 Million
% of Total Assets 36.19%
Annual Growth Rate -28.08%
5-Year Change 47.22%
10-Year Change -99.99%
Growth Volatility 471907.05

Eratex Djaja Tbk - Net Assets Trend (2000–2024)

This chart illustrates how Eratex Djaja 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 Eratex Djaja Tbk (2000–2024)

The table below shows the annual net assets of Eratex Djaja Tbk from 2000 to 2024.

Year Net Assets Change
2024-12-31 Rp26.86 Million +7.11%
2023-12-31 Rp25.07 Million +6.65%
2022-12-31 Rp23.51 Million +18.06%
2021-12-31 Rp19.91 Million +9.16%
2020-12-31 Rp18.24 Million -6.75%
2019-12-31 Rp19.56 Million -99.99%
2018-12-31 Rp273.72 Billion +12.82%
2017-12-31 Rp242.61 Billion -9.98%
2016-12-31 Rp269.52 Billion +13.96%
2015-12-31 Rp236.49 Billion +2005523.51%
2014-12-31 Rp11.79 Million +12.98%
2013-12-31 Rp10.44 Million -99.99%
2012-12-31 Rp86.63 Billion +188.64%
2011-12-31 Rp-97.73 Billion +52.65%
2010-12-31 Rp-206.43 Billion -30.37%
2009-12-31 Rp-158.34 Billion -17.60%
2008-12-31 Rp-134.64 Billion -493.49%
2007-12-31 Rp-22.69 Billion -20.71%
2006-12-31 Rp-18.79 Billion -57.51%
2005-12-31 Rp-11.93 Billion -1010.18%
2004-12-31 Rp1.31 Billion -95.20%
2003-12-31 Rp27.33 Billion -65.42%
2002-12-31 Rp79.02 Billion +1.49%
2001-12-31 Rp77.86 Billion +6.31%
2000-12-31 Rp73.23 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Eratex Djaja 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 decreased by 99.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp16.81 Million 62.60%
Common Stock Rp8.82 Million 32.83%
Other Comprehensive Income Rp1.07 Million 3.97%
Other Components Rp158.57K 0.59%
Total Equity Rp26.85 Million 100.00%

Eratex Djaja Tbk Competitors by Market Cap

The table below lists competitors of Eratex Djaja Tbk ranked by their market capitalization.

Company Market Cap
EIFFAGE - Dusseldorf Stock Exchang
DU:EF3
 		$1.35 Million
Sare Holding S.A.B. de C.V
MX:SAREB
 		$1.35 Million
Genprex Inc
NASDAQ:GNPX
 		$1.35 Million
Bonanza Mining Corporation
V:BNZ
 		$1.35 Million
Dreamland Limited Class A Ordinary Shares
NASDAQ:TDIC
 		$1.35 Million
Aben Gold Corp.
F:ML1
 		$1.35 Million
VIP Gloves Ltd
AU:VIP
 		$1.35 Million
Capitol Nusantara Indonesia
JK:CANI
 		$1.34 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Eratex Djaja Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 25,071,443 to 26,854,879, a change of 1,783,436 (7.1%).
  • Net income of 1,499,328 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 13,984.
  • Other factors increased equity by 298,092.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp1.50 Million +5.58%
Other Comprehensive Income Rp-13.98K -0.05%
Other Changes Rp298.09K +1.11%
Total Change Rp- 7.11%

Book Value vs Market Value Analysis

This analysis compares Eratex Djaja 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: 10142.59x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 2.95x to 10142.59x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 Rp73.82 Rp218.00 x
2013-12-31 Rp0.01 Rp218.00 x
2014-12-31 Rp0.01 Rp218.00 x
2015-12-31 Rp183.80 Rp218.00 x
2016-12-31 Rp209.47 Rp218.00 x
2017-12-31 Rp188.43 Rp218.00 x
2018-12-31 Rp212.74 Rp218.00 x
2019-12-31 Rp0.02 Rp218.00 x
2020-12-31 Rp0.01 Rp218.00 x
2021-12-31 Rp0.02 Rp218.00 x
2022-12-31 Rp0.02 Rp218.00 x
2023-12-31 Rp0.02 Rp218.00 x
2024-12-31 Rp0.02 Rp218.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eratex Djaja 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): 5.58%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.37%
  • • Asset Turnover: 1.32x
  • • Equity Multiplier: 3.08x
  • Recent ROE (5.58%) is below the historical average (5.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 7.34% 1.33% 1.11x 5.00x Rp-2.30 Billion
2013 6.90% 1.26% 1.25x 4.37x Rp-323.31K
2014 18.91% 4.10% 1.17x 3.95x Rp1.05 Million
2015 0.00% 7.69% 0.00x 3.09x Rp-23.64 Billion
2016 0.00% 2.21% 0.00x 2.63x Rp-26.95 Billion
2017 0.00% -2.46% 0.00x 3.32x Rp-24.26 Billion
2018 0.00% 1.40% 0.00x 3.29x Rp-27.37 Billion
2019 4.30% 0.97% 1.21x 3.65x Rp-1.11 Million
2020 -5.32% -1.28% 1.10x 3.76x Rp-2.79 Million
2021 7.95% 1.69% 1.29x 3.65x Rp-407.61K
2022 16.66% 3.56% 1.40x 3.35x Rp1.57 Million
2023 10.89% 2.26% 1.51x 3.18x Rp223.70K
2024 5.58% 1.37% 1.32x 3.08x Rp-1.19 Million

Industry Comparison

This section compares Eratex Djaja Tbk's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $225,079,817,024
  • Average return on equity (ROE) among peers: 4.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Eratex Djaja Tbk (ERTX) Rp28.66 Million 7.34% 1.76x $1.35 Million
PT Samcro Hyosung Adilestari T (ACRO) $56.68 Billion 9.10% 0.89x $2.43 Million
Pan Brothers Tbk (PBRX) $85.34 Million 8.93% 1.43x $27.48 Million
Golden Flower Tbk PT (POLU) $128.94 Billion -4.86% 0.62x $137.61 Million
Ricky Putra Globalindo Tbk (RICY) $294.99 Billion 12.96% 0.75x $1.84 Million
Trisula International Tbk (TRIS) $644.70 Billion -1.65% 0.66x $4.15 Million