Eratex Djaja Tbk (ERTX) - Net Assets

Latest as of December 2025: Rp28.44 Million IDR ≈ $1.67K USD

Based on the latest financial reports, Eratex Djaja Tbk (ERTX) has net assets worth Rp28.44 Million IDR (≈ $1.67K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp74.67 Million ≈ $4.38K USD) and total liabilities (Rp46.23 Million ≈ $2.71K USD). 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. For live market cap and overall valuation, see ERTX market cap.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp28.44 Million
% of Total Assets	38.08%
Annual Growth Rate	-26.96%
5-Year Change	42.8%
10-Year Change	-99.99%
Growth Volatility	459405.55

Eratex Djaja Tbk - Net Assets Trend (2000–2025)

This chart illustrates how Eratex Djaja Tbk's net assets have evolved over time, based on quarterly financial data.

Annual Net Assets for Eratex Djaja Tbk (2000–2025)

The table below shows the annual net assets of Eratex Djaja Tbk from 2000 to 2025. See how leveraged is Eratex Djaja Tbk's balance sheet to measure how much of total assets are equity-financed.

Year	Net Assets	Change
2025-12-31	Rp28.44 Million ≈ $1.67K	+5.89%
2024-12-31	Rp26.86 Million ≈ $1.57K	+7.11%
2023-12-31	Rp25.07 Million ≈ $1.47K	+6.65%
2022-12-31	Rp23.51 Million ≈ $1.38K	+18.06%
2021-12-31	Rp19.91 Million ≈ $1.17K	+9.16%
2020-12-31	Rp18.24 Million ≈ $1.07K	-6.75%
2019-12-31	Rp19.56 Million ≈ $1.15K	-99.99%
2018-12-31	Rp273.72 Billion ≈ $16.04 Million	+12.82%
2017-12-31	Rp242.61 Billion ≈ $14.22 Million	-9.98%
2016-12-31	Rp269.52 Billion ≈ $15.79 Million	+13.96%
2015-12-31	Rp236.49 Billion ≈ $13.86 Million	+2005523.51%
2014-12-31	Rp11.79 Million ≈ $690.94	+12.98%
2013-12-31	Rp10.44 Million ≈ $611.56	-99.99%
2012-12-31	Rp86.63 Billion ≈ $5.08 Million	+188.64%
2011-12-31	Rp-97.73 Billion ≈ $-5.73 Million	+52.65%
2010-12-31	Rp-206.43 Billion ≈ $-12.10 Million	-30.37%
2009-12-31	Rp-158.34 Billion ≈ $-9.28 Million	-17.60%
2008-12-31	Rp-134.64 Billion ≈ $-7.89 Million	-493.49%
2007-12-31	Rp-22.69 Billion ≈ $-1.33 Million	-20.71%
2006-12-31	Rp-18.79 Billion ≈ $-1.10 Million	-57.51%
2005-12-31	Rp-11.93 Billion ≈ $-699.18K	-1010.18%
2004-12-31	Rp1.31 Billion ≈ $76.82K	-95.20%
2003-12-31	Rp27.33 Billion ≈ $1.60 Million	-65.42%
2002-12-31	Rp79.02 Billion ≈ $4.63 Million	+1.49%
2001-12-31	Rp77.86 Billion ≈ $4.56 Million	+6.31%
2000-12-31	Rp73.23 Billion ≈ $4.29 Million	--

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 2025)

Component	Amount	Percentage
Retained Earnings	Rp16.19 Million	56.95%
Common Stock	Rp8.82 Million	31.02%
Other Comprehensive Income	Rp3.26 Million	11.47%
Other Components	Rp158.65K	0.56%
Total Equity	Rp28.44 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
Concord Medical Services Holdings NYSE:CCM	$13.80 Million
Inter-M Corporation KQ:017250	$13.80 Million
Kucingko Berhad KLSE:0315	$13.81 Million
17 Education Technology Group Inc NASDAQ:YQ	$13.81 Million
SemiLEDS Corporation F:6LD1	$13.79 Million
Zelan Bhd KLSE:2283	$13.79 Million
Samyoung S&C Co. Ltd. KQ:361670	$13.78 Million
Cloudastructure, Inc. Class A Common Stock NASDAQ:CSAI	$13.78 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 2024 to 2025, total equity changed from 26,854,879 to 28,436,180, a change of 1,581,301 (5.9%).
Net income of 2,077,418 contributed positively to equity growth.
Other comprehensive income increased equity by 2,195,875.
Other factors decreased equity by 2,691,992.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp2.08 Million	+7.31%
Other Comprehensive Income	Rp2.20 Million	+7.72%
Other Changes	Rp-2.69 Million	-9.47%
Total Change	Rp-	5.89%

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: 8279.48x
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 2.48x to 8279.48x 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	Rp183.00	x
2013-12-31	Rp0.01	Rp183.00	x
2014-12-31	Rp0.01	Rp183.00	x
2015-12-31	Rp183.80	Rp183.00	x
2016-12-31	Rp209.47	Rp183.00	x
2017-12-31	Rp188.43	Rp183.00	x
2018-12-31	Rp212.74	Rp183.00	x
2019-12-31	Rp0.02	Rp183.00	x
2020-12-31	Rp0.01	Rp183.00	x
2021-12-31	Rp0.02	Rp183.00	x
2022-12-31	Rp0.02	Rp183.00	x
2023-12-31	Rp0.02	Rp183.00	x
2024-12-31	Rp0.02	Rp183.00	x
2025-12-31	Rp0.02	Rp183.00	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): 7.31%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.80%
• Asset Turnover: 1.55x
• Equity Multiplier: 2.63x
Recent ROE (7.31%) is above the historical average (5.75%), indicating improving 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
2025	7.31%	1.80%	1.55x	2.63x	Rp-766.20K

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: $142,216,089,846
Average return on equity (ROE) among peers: -4.43%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Eratex Djaja Tbk (ERTX)	Rp28.44 Million	7.34%	1.63x	$13.80 Million
Pan Brothers Tbk (PBRX)	$85.34 Million	8.93%	1.43x	$32.73 Million
Golden Flower Tbk PT (POLU)	$128.94 Billion	-4.86%	0.62x	$852.57 Million
Ricky Putra Globalindo Tbk (RICY)	$303.51 Billion	-21.78%	4.58x	$2.97 Million
Trisula International Tbk (TRIS)	$136.33 Billion	0.00%	0.75x	$31.15 Million

About Eratex Djaja Tbk

JK:ERTX Indonesia Apparel Manufacturing

Market Cap

$13.80 Million

Rp235.44 Billion IDR

Market Cap Rank

#26328 Global

#581 in Indonesia

Share Price

Rp183.00

Change (1 day)

+2.23%

52-Week Range

Rp110.00 - Rp340.00

All Time High

Rp494.39