Ever Shine Textile Industry Net Assets
Ever Shine Textile Industry net assets. Based on the latest financial reports, Ever Shine Textile Industry (ESTI) has net assets worth Rp282.93 Billion IDR (≈ $16.58 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp787.37 Billion ≈ $46.14 Million USD) and total liabilities (Rp504.43 Billion ≈ $29.56 Million 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. Also explore net asset growth rate of Ever Shine Textile Industry to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp282.93 Billion |
| % of Total Assets | 35.93% |
| Annual Growth Rate | -34.07% |
| 5-Year Change | 27.22% |
| 10-Year Change | -99.99% |
| Growth Volatility | 24.48 |
Net Assets of Ever Shine Textile Industry (2000–2024)
Net assets of Ever Shine Textile Industry from 2000 to 2024. This chart illustrates how Ever Shine Textile Industry's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Ever Shine Textile Industry to measure how much of total assets are equity-financed.
Annual Net Assets for Ever Shine Textile Industry (2000–2024)
The table below shows the annual net assets of Ever Shine Textile Industry from 2000 to 2024. For live market cap and overall valuation, see market cap of Ever Shine Textile Industry.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp16.49 Million ≈ $966.24 |
+4.27% |
| 2023-12-31 | Rp15.82 Million ≈ $926.71 |
+8.98% |
| 2022-12-31 | Rp14.51 Million ≈ $850.33 |
-0.43% |
| 2021-12-31 | Rp14.57 Million ≈ $854.01 |
+12.44% |
| 2020-12-31 | Rp12.96 Million ≈ $759.53 |
-3.68% |
| 2019-12-31 | Rp13.46 Million ≈ $788.51 |
-99.99% |
| 2018-12-31 | Rp233.91 Billion ≈ $13.71 Million |
+17.15% |
| 2017-12-31 | Rp199.67 Billion ≈ $11.70 Million |
-8.26% |
| 2016-12-31 | Rp217.64 Billion ≈ $12.75 Million |
+21.08% |
| 2015-12-31 | Rp179.75 Billion ≈ $10.53 Million |
-38.27% |
| 2014-12-31 | Rp291.16 Billion ≈ $17.06 Million |
-19.95% |
| 2013-12-31 | Rp363.72 Billion ≈ $21.31 Million |
+3.21% |
| 2012-12-31 | Rp352.42 Billion ≈ $20.65 Million |
+36.89% |
| 2011-12-31 | Rp257.44 Billion ≈ $15.09 Million |
+0.49% |
| 2010-12-31 | Rp256.19 Billion ≈ $15.01 Million |
-0.24% |
| 2009-12-31 | Rp256.80 Billion ≈ $15.05 Million |
+3.10% |
| 2008-12-31 | Rp249.08 Billion ≈ $14.59 Million |
-8.12% |
| 2007-12-31 | Rp271.10 Billion ≈ $15.89 Million |
-5.35% |
| 2006-12-31 | Rp286.41 Billion ≈ $16.78 Million |
-15.24% |
| 2005-12-31 | Rp337.90 Billion ≈ $19.80 Million |
-2.11% |
| 2004-12-31 | Rp345.19 Billion ≈ $20.23 Million |
-4.04% |
| 2003-12-31 | Rp359.72 Billion ≈ $21.08 Million |
-7.49% |
| 2002-12-31 | Rp388.83 Billion ≈ $22.78 Million |
-0.70% |
| 2001-12-31 | Rp391.57 Billion ≈ $22.94 Million |
+8.23% |
| 2000-12-31 | Rp361.78 Billion ≈ $21.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ever Shine Textile Industry'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 103.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Ever Shine Textile Industry Net Assets Breakdown (December 2024)
Ever Shine Textile Industry net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp76.79 Million | 465.71% |
| Other Components | Rp5.28 Million | 32.04% |
| Total Equity | Rp16.49 Million | 100.00% |
Ever Shine Textile Industry Competitors by Market Cap
The table below lists competitors of Ever Shine Textile Industry ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schroder Asia Pacific Fund
LSE:SDP
|
$11.57 Million |
|
Golden Land Bhd
KLSE:7382
|
$11.58 Million |
|
Securemetric Berhad
KLSE:0203
|
$11.59 Million |
|
Paos Holdings Bhd
KLSE:5022
|
$11.60 Million |
|
Grupo Televisa SAB DRC
BA:TV
|
$11.57 Million |
|
Luxbright AB
ST:LXB
|
$11.56 Million |
|
Enero Group Ltd
AU:EGG
|
$11.56 Million |
|
Asuransi Kresna Mitra Tbk PT
JK:ASMI
|
$11.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ever Shine Textile Industry's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,814,919 to 16,489,539, a change of 674,620 (4.3%).
- Net income of 674,620 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp674.62K | +4.09% |
| Total Change | Rp- | 4.27% |
Book Value vs Market Value Analysis
This analysis compares Ever Shine Textile Industry'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: 11976.71x
- 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 0.57x to 11976.71x 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 | Rp172.18 | Rp98.00 | x |
| 2013-12-31 | Rp179.80 | Rp98.00 | x |
| 2014-12-31 | Rp142.69 | Rp98.00 | x |
| 2015-12-31 | Rp88.76 | Rp98.00 | x |
| 2016-12-31 | Rp104.38 | Rp98.00 | x |
| 2017-12-31 | Rp98.99 | Rp98.00 | x |
| 2018-12-31 | Rp116.07 | Rp98.00 | x |
| 2019-12-31 | Rp0.01 | Rp98.00 | x |
| 2020-12-31 | Rp0.01 | Rp98.00 | x |
| 2021-12-31 | Rp0.01 | Rp98.00 | x |
| 2022-12-31 | Rp0.01 | Rp98.00 | x |
| 2023-12-31 | Rp0.01 | Rp98.00 | x |
| 2024-12-31 | Rp0.01 | Rp98.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ever Shine Textile Industry 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): 4.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.61%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.86x
- Recent ROE (4.09%) is above the historical average (-5.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.13% | 0.77% | 0.67x | 2.22x | Rp-32.08 Billion |
| 2001 | 7.68% | 5.68% | 0.71x | 1.89x | Rp-9.07 Billion |
| 2002 | 0.38% | 0.36% | 0.63x | 1.71x | Rp-37.39 Billion |
| 2009 | 2.99% | 1.42% | 1.04x | 2.02x | Rp-17.99 Billion |
| 2010 | 0.58% | 0.24% | 1.05x | 2.28x | Rp-24.13 Billion |
| 2011 | 1.72% | 0.62% | 1.12x | 2.47x | Rp-21.32 Billion |
| 2012 | -10.07% | -5.53% | 0.83x | 2.20x | Rp-70.75 Billion |
| 2013 | -16.91% | -10.26% | 0.67x | 2.46x | Rp-97.89 Billion |
| 2014 | -25.17% | -12.53% | 0.68x | 2.96x | Rp-102.40 Billion |
| 2015 | -79.30% | -27.93% | 0.65x | 4.36x | Rp-160.50 Billion |
| 2016 | 19.36% | 8.89% | 0.71x | 3.06x | Rp20.38 Billion |
| 2017 | -11.57% | -4.85% | 0.57x | 4.18x | Rp-43.07 Billion |
| 2018 | 8.70% | 3.93% | 0.58x | 3.82x | Rp-3.05 Billion |
| 2019 | -20.76% | -9.34% | 0.49x | 4.54x | Rp-4.14 Million |
| 2020 | -4.46% | -2.41% | 0.44x | 4.20x | Rp-1.87 Million |
| 2021 | 11.06% | 5.25% | 0.60x | 3.51x | Rp155.11K |
| 2022 | 0.46% | 0.23% | 0.59x | 3.32x | Rp-1.38 Million |
| 2023 | 8.24% | 5.84% | 0.46x | 3.08x | Rp-278.06K |
| 2024 | 4.09% | 2.61% | 0.55x | 2.86x | Rp-974.33K |
Industry Comparison
This section compares Ever Shine Textile Industry's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-122,682,523,335
- Average return on equity (ROE) among peers: -1.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ever Shine Textile Industry (ESTI) | Rp282.93 Billion | 1.13% | 1.78x | $11.57 Million |
| Argo Pantes Tbk (ARGO) | $-1.38 Trillion | 0.00% | 0.00x | $222.27 Million |
| Trisula Textile Industries Tbk PT (BELL) | $271.25 Billion | 3.25% | 1.15x | $24.93 Million |
| Indo Kordsa Tbk (BRAM) | $162.86 Million | 2.96% | 0.47x | $120.52 Million |
| PT Century Textile Industry Tbk (CNTX) | $-4.96 Billion | 0.00% | 0.00x | $582.44K |
| Indorama Synthetics Tbk (INDR) | $296.84 Million | 3.31% | 1.71x | $95.09 Million |
| Cottonindo Ariesta Tbk PT (KPAS) | $33.66 Million | 2.17% | 2.63x | $2.79 Million |
| Multi Spunindo Jaya Tbk. (MSJA) | $68.78 Million | 6.95% | 0.45x | $186.13 Million |
| Asia Pacific Investama Tbk PT (MYTX) | $-128.46 Billion | 0.00% | 0.00x | $1.28 Million |
| Sejahtera Bintang Abadi Textile Tbk (SBAT) | $139.81 Billion | -31.61% | 2.73x | $278.51K |
About Ever Shine Textile Industry
PT Ever Shine Tex Tbk, together with its subsidiaries, manufactures and sells textile in Indonesia and internationally. The company offers nylon filament and textured yarn for elastic, brocade, socks, ribbon, shoelace, and sewing thread; woven products for bed sheet, blouse, jacket, pillow case, shirt, and suits; and wrap knit products for shoes, helmet, sweater, and mosquito net. Its products ar… Read more