Golden Flower Tbk PT Net Assets
Golden Flower Tbk PT net assets. Based on the latest financial reports, Golden Flower Tbk PT (POLU) has net assets worth Rp132.31 Billion IDR (≈ $7.75 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp214.45 Billion ≈ $12.57 Million USD) and total liabilities (Rp82.15 Billion ≈ $4.81 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 POLU net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp132.31 Billion |
| % of Total Assets | 61.69% |
| Annual Growth Rate | 7.41% |
| 5-Year Change | -22.0% |
| 10-Year Change | N/A |
| Growth Volatility | 26.38 |
Net Assets of Golden Flower Tbk PT (2016–2024)
Net assets of Golden Flower Tbk PT from 2016 to 2024. This chart illustrates how Golden Flower Tbk PT's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Golden Flower Tbk PT to measure how much of total assets are equity-financed.
Annual Net Assets for Golden Flower Tbk PT (2016–2024)
The table below shows the annual net assets of Golden Flower Tbk PT from 2016 to 2024. For live market cap and overall valuation, see market cap of Golden Flower Tbk PT.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp125.52 Billion ≈ $7.35 Million |
+3.28% |
| 2023-12-31 | Rp121.53 Billion ≈ $7.12 Million |
-5.75% |
| 2022-12-31 | Rp128.94 Billion ≈ $7.56 Million |
-6.98% |
| 2021-12-31 | Rp138.62 Billion ≈ $8.12 Million |
-13.86% |
| 2020-12-31 | Rp160.91 Billion ≈ $9.43 Million |
-2.37% |
| 2019-12-31 | Rp164.82 Billion ≈ $9.66 Million |
+46.77% |
| 2018-12-31 | Rp112.29 Billion ≈ $6.58 Million |
+62.51% |
| 2017-12-31 | Rp69.10 Billion ≈ $4.05 Million |
-2.48% |
| 2016-12-31 | Rp70.86 Billion ≈ $4.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Golden Flower 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 decreased by 368.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Golden Flower Tbk PT Net Assets Breakdown (December 2024)
Golden Flower Tbk PT net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp75.00 Billion | 59.75% |
| Other Components | Rp113.50 Billion | 90.43% |
| Total Equity | Rp125.52 Billion | 100.00% |
Golden Flower Tbk PT Competitors by Market Cap
The table below lists competitors of Golden Flower Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THONBURI HEALTHCARE GRO-NVDR
BK:THG-R
|
$420.01 Million |
|
Taiwan Navigation Co Ltd
TW:2617
|
$420.05 Million |
|
Magnera Corp placeholder
NYSE:MAGN
|
$420.08 Million |
|
Beijing Dataway Horizon Co. Ltd
SHE:301169
|
$420.09 Million |
|
Shanghai Jiaoda Onlly Co Ltd
SHG:600530
|
$419.56 Million |
|
Abm Investama Tbk
JK:ABMM
|
$419.44 Million |
|
Johnson Controls - Hitachi Air Conditioning India Limited
NSE:JCHAC
|
$419.42 Million |
|
Baolingbao Biology Co Ltd
SHE:002286
|
$419.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Flower Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 121,532,136,262 to 125,516,272,870, a change of 3,984,136,608 (3.3%).
- Net loss of 1,316,347,210 reduced equity.
- Other factors increased equity by 5,300,483,818.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-1.32 Billion | -1.05% |
| Other Changes | Rp5.30 Billion | +4.22% |
| Total Change | Rp- | 3.28% |
Book Value vs Market Value Analysis
This analysis compares Golden Flower 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: 57.06x
- 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 decreased from 101.08x to 57.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp94.47 | Rp9550.00 | x |
| 2017-12-31 | Rp92.13 | Rp9550.00 | x |
| 2018-12-31 | Rp149.72 | Rp9550.00 | x |
| 2019-12-31 | Rp264.20 | Rp9550.00 | x |
| 2020-12-31 | Rp214.55 | Rp9550.00 | x |
| 2021-12-31 | Rp184.82 | Rp9550.00 | x |
| 2022-12-31 | Rp171.93 | Rp9550.00 | x |
| 2023-12-31 | Rp162.04 | Rp9550.00 | x |
| 2024-12-31 | Rp167.36 | Rp9550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Flower 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): -1.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.97%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.63x
- Recent ROE (-1.05%) is above the historical average (-2.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.69% | 1.58% | 1.69x | 4.00x | Rp486.44 Million |
| 2017 | 11.87% | 1.87% | 1.50x | 4.22x | Rp1.29 Billion |
| 2018 | 7.98% | 2.04% | 1.39x | 2.81x | Rp-2.26 Billion |
| 2019 | 5.46% | 1.92% | 1.36x | 2.08x | Rp-7.49 Billion |
| 2020 | -3.79% | -3.11% | 0.70x | 1.75x | Rp-22.20 Billion |
| 2021 | -37.15% | -49.15% | 0.52x | 1.47x | Rp-65.36 Billion |
| 2022 | -4.86% | -4.95% | 0.60x | 1.62x | Rp-19.16 Billion |
| 2023 | -12.32% | -17.09% | 0.46x | 1.56x | Rp-27.12 Billion |
| 2024 | -1.05% | -0.97% | 0.66x | 1.63x | Rp-13.87 Billion |
Industry Comparison
This section compares Golden Flower Tbk PT's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $161,203,434,716
- Average return on equity (ROE) among peers: 4.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Flower Tbk PT (POLU) | Rp132.31 Billion | 10.69% | 0.62x | $419.69 Million |
| Eratex Djaja Tbk (ERTX) | $-206.43 Billion | 0.00% | 0.00x | $9.88 Million |
| Pan Brothers Tbk (PBRX) | $204.63 Million | 5.06% | 0.79x | $26.43 Million |
| Ricky Putra Globalindo Tbk (RICY) | $219.26 Billion | 12.46% | 0.36x | $2.22 Million |
| Trisula International Tbk (TRIS) | $631.78 Billion | 0.94% | 0.83x | $27.91 Million |
About Golden Flower Tbk PT
PT Golden Flower Tbk operates as an apparel manufacturing company in Indonesia, the United States of America, Canada, Malaysia, Mexico, Panama, the Netherlands, Hong Kong, China, and internationally. It operates through Ladies Blouse; Man Shirt; and Uniform, Accessories and Others segments. The company offers light to medium weight woven apparel, including ladies' blouse, men's shirts, non-iron s… Read more