PT Sari Kreasi Boga Tbk
PT Sari Kreasi Boga Tbk engages in raw materials, franchise, and food and beverage businesses in indonesia. It operates Kebab Turki Baba Raffi, Coutainer Kebab, Smokey Kebab, Sueger, Kebab Kitchen, Baba Rafi Cafe, Whole Chicken, Jellyta, Raffi Express, and Ayam Pul brands. PT Sari Kreasi Boga Tbk was founded in 2017 and is headquartered in Jakarta Selatan, Indonesia.
PT Sari Kreasi Boga Tbk (RAFI) - Net Assets
Latest net assets as of March 2025: Rp262.21 Billion IDR
Based on the latest financial reports, PT Sari Kreasi Boga Tbk (RAFI) has net assets worth Rp262.21 Billion IDR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp447.53 Billion) and total liabilities (Rp185.32 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 | Rp262.21 Billion |
| % of Total Assets | 58.59% |
| Annual Growth Rate | 95.31% |
| 5-Year Change | 1669.61% |
| 10-Year Change | N/A |
| Growth Volatility | 140.39 |
PT Sari Kreasi Boga Tbk - Net Assets Trend (2019–2024)
This chart illustrates how PT Sari Kreasi Boga Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT Sari Kreasi Boga Tbk (2019–2024)
The table below shows the annual net assets of PT Sari Kreasi Boga Tbk from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp273.87 Billion | -21.99% |
| 2023-12-31 | Rp351.08 Billion | +55.56% |
| 2022-12-31 | Rp225.68 Billion | +373.20% |
| 2021-12-31 | Rp47.69 Billion | +208.17% |
| 2020-12-31 | Rp15.48 Billion | +60.81% |
| 2019-12-31 | Rp9.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Sari Kreasi Boga Tbk'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 1216.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp124.65 Billion | 45.51% |
| Common Stock | Rp46.92 Billion | 17.13% |
| Other Components | Rp102.30 Billion | 37.35% |
| Total Equity | Rp273.87 Billion | 100.00% |
PT Sari Kreasi Boga Tbk Competitors by Market Cap
The table below lists competitors of PT Sari Kreasi Boga Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OHB - Dusseldorf Stock Exchang
DU:OHB
|
$2.58 Million |
|
Interbud-Lublin SA
WAR:ITB
|
$2.58 Million |
|
Bait Bakfar Ltd
TA:BKFR
|
$2.58 Million |
|
Mercator Limited
NSE:MERCATOR
|
$2.58 Million |
|
Chimeric Therapeutics Limited
PINK:CHMMF
|
$2.57 Million |
|
Meadow Valley Corp
PINK:MVCO
|
$2.57 Million |
|
AIR PROD.&CHEMICALS - Dusseldorf Stock Exchang
DU:AP3
|
$2.57 Million |
|
Hudson Resources Inc
PINK:HUDRF
|
$2.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Sari Kreasi Boga Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 303,761,214,641 to 273,871,674,280, a change of -29,889,540,361 (-9.8%).
- Net loss of 6,193,433,770 reduced equity.
- Dividend payments of 1,000,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 175,543,873.
- Other factors decreased equity by 22,520,562,718.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-6.19 Billion | -2.26% |
| Dividends Paid | Rp1.00 Billion | -0.37% |
| Other Comprehensive Income | Rp-175.54 Million | -0.06% |
| Other Changes | Rp-22.52 Billion | -8.22% |
| Total Change | Rp- | -9.84% |
Book Value vs Market Value Analysis
This analysis compares PT Sari Kreasi Boga Tbk'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: 0.41x
- 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 decreased from 3.67x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp9.82 | Rp36.00 | x |
| 2020-12-31 | Rp15.79 | Rp36.00 | x |
| 2021-12-31 | Rp48.50 | Rp36.00 | x |
| 2022-12-31 | Rp68.15 | Rp36.00 | x |
| 2023-12-31 | Rp97.11 | Rp36.00 | x |
| 2024-12-31 | Rp87.55 | Rp36.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Sari Kreasi Boga Tbk 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): -2.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.06%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.75x
- Recent ROE (-2.26%) is below the historical average (26.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 47.04% | 11.74% | 2.20x | 1.82x | Rp3.56 Billion |
| 2020 | 35.62% | 13.59% | 1.57x | 1.67x | Rp3.96 Billion |
| 2021 | 29.71% | 12.10% | 1.56x | 1.58x | Rp9.40 Billion |
| 2022 | 7.05% | 3.31% | 1.48x | 1.45x | Rp-5.19 Billion |
| 2023 | 41.96% | 31.28% | 0.96x | 1.40x | Rp97.09 Billion |
| 2024 | -2.26% | -1.06% | 1.22x | 1.75x | Rp-33.58 Billion |
Industry Comparison
This section compares PT Sari Kreasi Boga Tbk's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $360,488,357,092
- Average return on equity (ROE) among peers: 12.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Sari Kreasi Boga Tbk (RAFI) | Rp262.21 Billion | 47.04% | 0.71x | $2.58 Million |
| PT Bersama Mencapai Puncak Tbk (BAIK) | $65.40 Billion | 17.51% | 0.21x | $4.09 Million |
| Cipta Selera Murni Pt (CSMI) | $70.96 Billion | 4.01% | 1.12x | $1.03 Million |
| PT Jaya Bersama Indo Tbk (DUCK) | $902.34 Billion | 16.13% | 0.61x | $12.99 Million |
| Champ Resto Indonesia PT (ENAK) | $283.64 Billion | 6.29% | 2.84x | $5.63 Million |
| Fast Food Indonesia Tbk (FAST) | $1.10 Trillion | 14.20% | 0.84x | $20.08 Million |
| Fore Coffee Tbk (FORE) | $-246.21 Billion | 0.00% | 0.00x | $268.19 |
| PT Indo Boga Sukses Tbk (IBOS) | $184.60 Billion | 3.09% | 0.12x | $25.86 Million |
| PT Puri Sentul Permai Tbk (KDTN) | $29.32 Billion | 56.46% | 0.48x | $9.55 Million |
| Lima Dua Lima Tiga PT (LUCY) | $38.66 Billion | 0.67% | 0.39x | $23.30 Million |
| Map Boga Adiperkasa Tbk PT (MAPB) | $1.18 Trillion | 11.52% | 1.19x | $17.71 Million |