Cottonindo Ariesta Tbk PT

JK:KPAS Indonesia Textile Manufacturing
Market Cap
$2.93 Million
Rp47.62 Billion IDR
Market Cap Rank
#35985 Global
#832 in Indonesia
Share Price
Rp62.00
Change (1 day)
+0.00%
52-Week Range
Rp62.00 - Rp62.00
All Time High
Rp715.00
About

PT Cottonindo Ariesta Tbk manufactures and sells cotton products in Indonesia and internationally. The company offers cosmetic cotton products, such as facial cotton pads and cotton buds; medical cotton products, including cotton rolls, dental cotton, mini cotton balls, and cotton ball in various sizes; and industrial cotton products comprising cotton sliver, spunlace cotton pads, bleached cotton… Read more

Cottonindo Ariesta Tbk PT (KPAS) - Net Assets

Latest net assets as of September 2021: Rp117.14 Million IDR

Based on the latest financial reports, Cottonindo Ariesta Tbk PT (KPAS) has net assets worth Rp117.14 Million IDR as of September 2021.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp231.45 Million) and total liabilities (Rp114.31 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 Rp117.14 Million
% of Total Assets 50.61%
Annual Growth Rate 434.12%
5-Year Change 372517.64%
10-Year Change N/A
Growth Volatility 42805.06

Cottonindo Ariesta Tbk PT - Net Assets Trend (2015–2020)

This chart illustrates how Cottonindo Ariesta Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Cottonindo Ariesta Tbk PT (2015–2020)

The table below shows the annual net assets of Cottonindo Ariesta Tbk PT from 2015 to 2020.

Year Net Assets Change
2020-12-31 Rp146.84 Billion +0.52%
2019-12-31 Rp146.08 Billion +107061.34%
2018-12-31 Rp136.32 Million +56.81%
2017-12-31 Rp86.93 Million +120.59%
2016-12-31 Rp39.41 Million +17.06%
2015-12-31 Rp33.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Cottonindo Ariesta Tbk PT'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 23271.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2020)

Component Amount Percentage
Retained Earnings Rp3.22 Billion 2.19%
Common Stock Rp76.80 Billion 52.38%
Other Comprehensive Income Rp52.89 Billion 36.07%
Other Components Rp13.72 Billion 9.36%
Total Equity Rp146.63 Billion 100.00%

Cottonindo Ariesta Tbk PT Competitors by Market Cap

The table below lists competitors of Cottonindo Ariesta Tbk PT ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2019 to 2020, total equity changed from 145,847,787,927 to 146,629,335,465, a change of 781,547,538 (0.5%).
  • Net loss of 4,902,665,874 reduced equity.
  • Share repurchases of 26,000 reduced equity.
  • Other comprehensive income increased equity by 7,384,295,134.
  • Other factors decreased equity by 1,700,055,722.

Equity Change Factors (2019 to 2020)

Factor Impact Contribution
Net Income Rp-4.90 Billion -3.34%
Share Repurchases Rp26.00K -0.0%
Other Comprehensive Income Rp7.38 Billion +5.04%
Other Changes Rp-1.70 Billion -1.16%
Total Change Rp- 0.54%

Book Value vs Market Value Analysis

This analysis compares Cottonindo Ariesta Tbk PT'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: 0.32x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-12-31 Rp269.31 Rp62.00 x
2016-12-31 Rp315.27 Rp62.00 x
2017-12-31 Rp428.20 Rp62.00 x
2018-12-31 Rp215.83 Rp62.00 x
2019-12-31 Rp174.67 Rp62.00 x
2020-12-31 Rp190.91 Rp62.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cottonindo Ariesta Tbk PT 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): -3.34%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.42%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.74x
  • Recent ROE (-3.34%) is below the historical average (0.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 2.17% 1.04% 0.58x 3.63x Rp-2.63 Million
2016 2.02% 0.97% 0.63x 3.27x Rp-3.14 Million
2017 3.29% 3.57% 0.43x 2.17x Rp-5.84 Million
2018 0.59% 1.09% 0.32x 1.69x Rp-12.83 Million
2019 0.39% 0.76% 0.29x 1.75x Rp-14.01 Billion
2020 -3.34% -7.42% 0.26x 1.74x Rp-19.57 Billion

Industry Comparison

This section compares Cottonindo Ariesta Tbk PT's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $62,914,188,222
  • Average return on equity (ROE) among peers: -40.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cottonindo Ariesta Tbk PT (KPAS) Rp117.14 Million 2.17% 0.98x $1.02 Million
Argo Pantes Tbk (ARGO) $-31.65 Million 0.00% 0.00x $19.40 Million
Trisula Textile Industries Tbk PT (BELL) $261.43 Billion 1.02% 1.01x $1.37 Million
PT Century Textile Industry Tbk (CNTX) $-221.67 Billion 0.00% 0.00x $82.59
Ever Shine Textile Industry (ESTI) $352.42 Billion -10.07% 1.20x $1.34 Million
Indorama Synthetics Tbk (INDR) $293.70 Million 0.33% 1.34x $8.66 Million
Multi Spunindo Jaya Tbk. (MSJA) $87.55 Million 6.29% 0.28x $15.14 Million
Asia Pacific Investama Tbk PT (MYTX) $33.69 Billion -340.79% 114.29x $307.09K
Sejahtera Bintang Abadi Textile Tbk (SBAT) $139.81 Billion -31.61% 2.73x $150.52K
Sri Rejeki Isman(Sritex)PT (SRIL) $189.98 Million 13.35% 1.41x $73.16 Million