Sinergi Inti Plastindo
PT Sinergi Inti Plastindo Tbk manufactures and sells plastic packaging products in Indonesia and internationally. It offers low and high density polyethylene products, such as T-shirt, soft loop handle, poly draw, and patch handle bags; PVC Cling film; and degradable sealed bags. The company was founded in 2001 and is headquartered in Jakarta Selatan, Indonesia.
Sinergi Inti Plastindo (ESIP) - Net Assets
Latest net assets as of June 2025: Rp98.12 Billion IDR
Based on the latest financial reports, Sinergi Inti Plastindo (ESIP) has net assets worth Rp98.12 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp102.15 Billion) and total liabilities (Rp4.02 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 | Rp98.12 Billion |
| % of Total Assets | 96.06% |
| Annual Growth Rate | 32.57% |
| 5-Year Change | 84.34% |
| 10-Year Change | N/A |
| Growth Volatility | 80.75 |
Sinergi Inti Plastindo - Net Assets Trend (2016–2024)
This chart illustrates how Sinergi Inti Plastindo's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinergi Inti Plastindo (2016–2024)
The table below shows the annual net assets of Sinergi Inti Plastindo from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp97.22 Billion | +0.93% |
| 2023-12-31 | Rp96.32 Billion | +1.09% |
| 2022-12-31 | Rp95.28 Billion | +77.99% |
| 2021-12-31 | Rp53.53 Billion | +1.50% |
| 2020-12-31 | Rp52.74 Billion | +2.27% |
| 2019-12-31 | Rp51.57 Billion | +250.33% |
| 2018-12-31 | Rp14.72 Billion | +29.14% |
| 2017-12-31 | Rp11.40 Billion | +11.86% |
| 2016-12-31 | Rp10.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinergi Inti Plastindo'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 670.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.58 Billion | 5.74% |
| Common Stock | Rp55.50 Billion | 57.09% |
| Other Comprehensive Income | Rp972.86 Million | 1.00% |
| Other Components | Rp35.17 Billion | 36.18% |
| Total Equity | Rp97.22 Billion | 100.00% |
Sinergi Inti Plastindo Competitors by Market Cap
The table below lists competitors of Sinergi Inti Plastindo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sky Gold Corp
PINK:SRKZF
|
$1.55 Million |
|
AUTONATION (RWI.SG)
STU:RWI
|
$1.55 Million |
|
Freight Technologies Inc
NASDAQ:FRGT
|
$1.56 Million |
|
Pacific Imperial Mines Inc
V:PPM
|
$1.56 Million |
|
BIOGEN IDEC
HM:IDP
|
$1.55 Million |
|
STEEL DYNAMICS
MU:SD5
|
$1.55 Million |
|
Clydesdale Resources Inc
V:CEO-H
|
$1.55 Million |
|
Al-Bad Massuot Yitzhak Ltd
TA:ALBA
|
$1.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinergi Inti Plastindo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 96,319,119,704 to 97,216,064,000, a change of 896,944,296 (0.9%).
- Net income of 879,550,244 contributed positively to equity growth.
- Other comprehensive income increased equity by 67,394,053.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp879.55 Million | +0.9% |
| Other Comprehensive Income | Rp67.39 Million | +0.07% |
| Other Changes | Rp-50.00 Million | -0.05% |
| Total Change | Rp- | 0.93% |
Book Value vs Market Value Analysis
This analysis compares Sinergi Inti Plastindo'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: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.25x to 0.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp254.75 | Rp63.00 | x |
| 2017-12-31 | Rp284.96 | Rp63.00 | x |
| 2018-12-31 | Rp122.67 | Rp63.00 | x |
| 2019-12-31 | Rp121.80 | Rp63.00 | x |
| 2020-12-31 | Rp68.23 | Rp63.00 | x |
| 2021-12-31 | Rp69.24 | Rp63.00 | x |
| 2022-12-31 | Rp93.85 | Rp63.00 | x |
| 2023-12-31 | Rp86.78 | Rp63.00 | x |
| 2024-12-31 | Rp87.59 | Rp63.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinergi Inti Plastindo 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.04x
- Recent ROE (0.90%) is below the historical average (2.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.82% | 0.82% | 1.22x | 2.83x | Rp-731.61 Million |
| 2017 | 2.42% | 0.84% | 0.94x | 3.06x | Rp-863.95 Million |
| 2018 | 8.51% | 2.60% | 1.19x | 2.76x | Rp-218.82 Million |
| 2019 | 2.31% | 2.23% | 0.71x | 1.47x | Rp-3.97 Billion |
| 2020 | 3.30% | 3.67% | 0.61x | 1.48x | Rp-3.53 Billion |
| 2021 | 1.14% | 1.13% | 0.64x | 1.58x | Rp-4.74 Billion |
| 2022 | 0.96% | 1.41% | 0.66x | 1.03x | Rp-8.61 Billion |
| 2023 | 0.91% | 1.41% | 0.62x | 1.04x | Rp-8.75 Billion |
| 2024 | 0.90% | 1.44% | 0.60x | 1.04x | Rp-8.84 Billion |
Industry Comparison
This section compares Sinergi Inti Plastindo's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $560,430,987,621
- Average return on equity (ROE) among peers: 5.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinergi Inti Plastindo (ESIP) | Rp98.12 Billion | 2.82% | 0.04x | $1.55 Million |
| Argha Karya Prima Ind Tbk (AKPI) | $1.11 Trillion | 2.50% | 1.60x | $3.21 Million |
| Asiaplast Industries Tbk (APLI) | $153.08 Billion | 3.60% | 0.44x | $2.81 Million |
| Berlina Tbk (BRNA) | $358.07 Billion | 14.77% | 2.73x | $12.41 Million |
| Megalestari Epack Sentosaraya Pt (EPAC) | $181.26 Billion | 1.32% | 1.05x | $2.02 Million |
| Champion Pacific Indonesia Tbk (IGAR) | $116.57 Billion | 6.89% | 1.15x | $3.09 Million |
| Indopoly Swakarsa Industry Tbk (IPOL) | $177.03 Million | 0.60% | 1.10x | $6.24 Million |
| Kedawung Setia Industrial Tbk (KDSI) | $127.25 Billion | 0.00% | 2.23x | $4.38 Million |
| PT Abadi Nusantara Hijau Investama Tbk (PACK) | $54.73 Billion | 4.18% | 0.41x | $5.49 Million |
| Panca Budi Idaman Tbk PT (PBID) | $2.95 Trillion | 13.60% | 0.18x | $31.84 Million |