Prima Alloy Steel Universal
PT. Prima Alloy Steel Universal Tbk engages in the manufacture and sale of aluminum alloy wheels in Indonesia, Europe, Asia, Africa, and the United States. The company provides wheels of various models comprising highload, offroad, cratus, electric, and winter. It also exports its products to Germany, Scandinavia, Japan, and Australia. The company was founded in 1984 and is headquartered in Sidoa… Read more
Prima Alloy Steel Universal (PRAS) - Net Assets
Latest net assets as of September 2023: Rp247.39 Billion IDR
Based on the latest financial reports, Prima Alloy Steel Universal (PRAS) has net assets worth Rp247.39 Billion IDR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.44 Trillion) and total liabilities (Rp1.19 Trillion). 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 | Rp247.39 Billion |
| % of Total Assets | 17.17% |
| Annual Growth Rate | 12.82% |
| 5-Year Change | -45.59% |
| 10-Year Change | -7.88% |
| Growth Volatility | 42.42 |
Prima Alloy Steel Universal - Net Assets Trend (2000–2022)
This chart illustrates how Prima Alloy Steel Universal's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Prima Alloy Steel Universal (2000–2022)
The table below shows the annual net assets of Prima Alloy Steel Universal from 2000 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Rp374.44 Billion | -23.17% |
| 2021-12-31 | Rp487.35 Billion | -6.25% |
| 2020-12-31 | Rp519.85 Billion | -19.49% |
| 2019-12-31 | Rp645.72 Billion | -6.16% |
| 2018-12-31 | Rp688.13 Billion | +1.73% |
| 2017-12-31 | Rp676.41 Billion | -2.39% |
| 2016-12-31 | Rp693.00 Billion | -4.24% |
| 2015-12-31 | Rp723.66 Billion | +5.52% |
| 2014-12-31 | Rp685.82 Billion | +68.74% |
| 2013-12-31 | Rp406.45 Billion | +45.01% |
| 2012-12-31 | Rp280.29 Billion | +100.50% |
| 2011-12-31 | Rp139.80 Billion | +3.35% |
| 2010-12-31 | Rp135.27 Billion | +72.23% |
| 2009-12-31 | Rp78.54 Billion | -31.56% |
| 2008-12-31 | Rp114.75 Billion | -11.43% |
| 2007-12-31 | Rp129.57 Billion | +2.19% |
| 2006-12-31 | Rp126.79 Billion | -2.13% |
| 2005-12-31 | Rp129.55 Billion | +3.68% |
| 2004-12-31 | Rp124.95 Billion | +9.47% |
| 2003-12-31 | Rp114.14 Billion | +127.34% |
| 2002-12-31 | Rp50.21 Billion | +83.74% |
| 2001-12-31 | Rp27.32 Billion | +3.75% |
| 2000-12-31 | Rp26.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prima Alloy Steel Universal'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 8764551151100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp70.10 Billion | 18.72% |
| Other Comprehensive Income | Rp325.40 Billion | 86.90% |
| Other Components | Rp66.58 Billion | 17.78% |
| Total Equity | Rp374.44 Billion | 100.00% |
Prima Alloy Steel Universal Competitors by Market Cap
The table below lists competitors of Prima Alloy Steel Universal ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Identitii Ltd
AU:ID8
|
$1.71 Million |
|
CLASS 1 NICKEL+TECH.LTD
F:77C
|
$1.71 Million |
|
Algernon Pharmaceuticals Inc
OTCQB:AGNPF
|
$1.71 Million |
|
Etga Group Ltd
TA:ETGA
|
$1.71 Million |
|
Webco Industries Inc
PINK:WEBC
|
$1.71 Million |
|
Calculator New Pubco Inc
PINK:ATCHW
|
$1.71 Million |
|
Greenwave Technology Solutions Inc. Common Stock
NASDAQ:GWAV
|
$1.71 Million |
|
FIRST SOLAR - Dusseldorf Stock Exchang
DU:F3A
|
$1.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prima Alloy Steel Universal's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 487,352,062,152 to 374,437,777,944, a change of -112,914,284,208 (-23.2%).
- Net loss of 90,614,186,434 reduced equity.
- Other comprehensive income decreased equity by 22,300,097,774.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-90.61 Billion | -24.2% |
| Other Comprehensive Income | Rp-22.30 Billion | -5.96% |
| Total Change | Rp- | -23.17% |
Book Value vs Market Value Analysis
This analysis compares Prima Alloy Steel Universal'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: 0.18x
- 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 | Rp1032.26 | Rp97.00 | x |
| 2016-12-31 | Rp988.53 | Rp97.00 | x |
| 2017-12-31 | Rp964.85 | Rp97.00 | x |
| 2018-12-31 | Rp981.58 | Rp97.00 | x |
| 2019-12-31 | Rp921.09 | Rp97.00 | x |
| 2020-12-31 | Rp741.54 | Rp97.00 | x |
| 2021-12-31 | Rp695.18 | Rp97.00 | x |
| 2022-12-31 | Rp534.11 | Rp97.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prima Alloy Steel Universal 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): -24.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -98.80%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 4.21x
- Recent ROE (-24.20%) is below the historical average (1.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 15.03% | 2.26% | 0.45x | 14.65x | Rp1.33 Billion |
| 2001 | 3.61% | 0.55% | 0.34x | 19.34x | Rp-1.75 Billion |
| 2003 | 10.46% | 3.05% | 1.06x | 3.23x | Rp521.87 Million |
| 2004 | 9.59% | 2.21% | 1.24x | 3.51x | Rp-509.17 Million |
| 2005 | 3.55% | 0.67% | 1.23x | 4.33x | Rp-8.36 Billion |
| 2007 | 2.14% | 0.42% | 1.21x | 4.19x | Rp-10.18 Billion |
| 2010 | 0.23% | 0.11% | 0.62x | 3.42x | Rp-13.22 Billion |
| 2011 | 0.97% | 0.41% | 0.69x | 3.45x | Rp-12.63 Billion |
| 2012 | 5.55% | 5.02% | 0.54x | 2.06x | Rp-12.46 Billion |
| 2013 | 3.25% | 4.17% | 0.40x | 1.96x | Rp-27.45 Billion |
| 2014 | 1.65% | 2.54% | 0.35x | 1.88x | Rp-57.24 Billion |
| 2015 | 0.89% | 1.37% | 0.31x | 2.12x | Rp-65.93 Billion |
| 2016 | -0.39% | -0.73% | 0.23x | 2.30x | Rp-71.99 Billion |
| 2017 | -0.48% | -0.93% | 0.23x | 2.28x | Rp-70.87 Billion |
| 2018 | 0.92% | 1.11% | 0.35x | 2.38x | Rp-62.46 Billion |
| 2019 | -6.76% | -12.81% | 0.21x | 2.57x | Rp-108.20 Billion |
| 2020 | -0.95% | -1.65% | 0.18x | 3.21x | Rp-56.93 Billion |
| 2021 | -0.15% | -0.27% | 0.16x | 3.36x | Rp-49.45 Billion |
| 2022 | -24.20% | -98.80% | 0.06x | 4.21x | Rp-128.06 Billion |
Industry Comparison
This section compares Prima Alloy Steel Universal's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,341,787,902,888
- Average return on equity (ROE) among peers: 12.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prima Alloy Steel Universal (PRAS) | Rp247.39 Billion | 15.03% | 4.82x | $1.71 Million |
| PT. Anugerah Spareparts Sejahtera Tbk (AEGS) | $67.94 Billion | 1.42% | 0.09x | $1.01 Million |
| Astra Otoparts Tbk (AUTO) | $2.79 Trillion | 20.28% | 0.43x | $155.83 Million |
| Dharma Polimetal Tbk PT (DRMA) | $391.82 Billion | 31.68% | 2.43x | $54.80 Million |
| Goodyear Indonesia Tbk (GDYR) | $296.73 Billion | 0.27% | 2.45x | $3.31 Million |
| Gajah Tunggal Tbk (GJTL) | $7.23 Trillion | -2.64% | 1.63x | $77.13 Million |
| Indospring Tbk (INDS) | $226.35 Billion | 31.42% | 2.40x | $18.97 Million |
| Kirana Megatara Tbk PT (KMTR) | $2.07 Trillion | 9.41% | 1.48x | $9.92 Million |
| Multi Prima Sejahtera Tbk (LPIN) | $284.02 Billion | 8.24% | 0.09x | $2.10 Million |
| Multistrada Arah Sarana Tbk (MASA) | $336.99 Million | -2.40% | 0.95x | $909.88K |
| PT Cipta Perdana Lancar Tbk (PART) | $63.54 Billion | 25.16% | 2.48x | $4.93 Million |