Sejahtera Bintang Abadi Textile Tbk
PT Sejahtera Bintang Abadi Textile Tbk manufactures and sells yarns using recycled materials primarily in Indonesia. It manufactures colored yarn, open-end yarn, mop yarn, and gloves yarn; and wholesales textiles, clothing, and housing goods. The company is also involved in owned or leased real estate business, including buying, selling, leasing and operating real estate either owned or leased; p… Read more
Sejahtera Bintang Abadi Textile Tbk (SBAT) - Net Assets
Latest net assets as of September 2023: Rp147.53 Billion IDR
Based on the latest financial reports, Sejahtera Bintang Abadi Textile Tbk (SBAT) has net assets worth Rp147.53 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 (Rp643.07 Billion) and total liabilities (Rp495.54 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 | Rp147.53 Billion |
| % of Total Assets | 22.94% |
| Annual Growth Rate | 12.23% |
| 5-Year Change | -3.02% |
| 10-Year Change | N/A |
| Growth Volatility | 39.44 |
Sejahtera Bintang Abadi Textile Tbk - Net Assets Trend (2016–2022)
This chart illustrates how Sejahtera Bintang Abadi Textile 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 Sejahtera Bintang Abadi Textile Tbk (2016–2022)
The table below shows the annual net assets of Sejahtera Bintang Abadi Textile Tbk from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Rp171.40 Billion | -33.76% |
| 2021-12-31 | Rp258.76 Billion | +48.79% |
| 2020-12-31 | Rp173.91 Billion | +24.39% |
| 2019-12-31 | Rp139.81 Billion | -20.89% |
| 2018-12-31 | Rp176.73 Billion | +82.28% |
| 2017-12-31 | Rp96.96 Billion | +13.03% |
| 2016-12-31 | Rp85.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sejahtera Bintang Abadi Textile 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 decreased by 3529.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp95.06 Billion | 55.46% |
| Other Comprehensive Income | Rp47.78 Billion | 27.88% |
| Other Components | Rp162.18 Billion | 94.62% |
| Total Equity | Rp171.40 Billion | 100.00% |
Sejahtera Bintang Abadi Textile Tbk Competitors by Market Cap
The table below lists competitors of Sejahtera Bintang Abadi Textile Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foxby Corp
PINK:FXBY
|
$150.56K |
|
American Energy Partners Inc
PINK:AEPT
|
$150.58K |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
$150.64K |
|
GREAT PORTLAND ESTATES PLC
LSE:GPE
|
$150.69K |
|
INVOLYS
BC:INVOLYS
|
$150.45K |
|
Organic Potash Corporation
PINK:OPCGF
|
$150.44K |
|
Western Asset Investment Grade Defined Opportunity Closed Fund
NYSE:IGI
|
$150.23K |
|
IG GROUP HDGS
BE:I5G
|
$150.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sejahtera Bintang Abadi Textile Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 258,757,589,158 to 171,402,983,216, a change of -87,354,605,942 (-33.8%).
- Net loss of 87,623,374,722 reduced equity.
- Share repurchases of 5,241,100 reduced equity.
- Other comprehensive income decreased equity by 9,538,615,808.
- Other factors increased equity by 9,812,625,688.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-87.62 Billion | -51.12% |
| Share Repurchases | Rp5.24 Million | -0.0% |
| Other Comprehensive Income | Rp-9.54 Billion | -5.57% |
| Other Changes | Rp9.81 Billion | +5.72% |
| Total Change | Rp- | -33.76% |
Book Value vs Market Value Analysis
This analysis compares Sejahtera Bintang Abadi Textile 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: 0.00x
- 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 |
|---|---|---|---|
| 2016-12-31 | Rp50.46 | Rp1.00 | x |
| 2017-12-31 | Rp57.03 | Rp1.00 | x |
| 2018-12-31 | Rp49.09 | Rp1.00 | x |
| 2019-12-31 | Rp31.54 | Rp1.00 | x |
| 2020-12-31 | Rp83.44 | Rp1.00 | x |
| 2021-12-31 | Rp88.54 | Rp1.00 | x |
| 2022-12-31 | Rp299.25 | Rp1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sejahtera Bintang Abadi Textile 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): -51.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -78.24%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.84x
- Recent ROE (-51.12%) is below the historical average (-14.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.54% | 1.07% | 0.64x | 3.72x | Rp-6.40 Billion |
| 2017 | 1.47% | 0.46% | 0.82x | 3.92x | Rp-8.27 Billion |
| 2018 | 0.06% | 0.03% | 0.74x | 2.60x | Rp-17.57 Billion |
| 2019 | -31.61% | -14.00% | 0.61x | 3.73x | Rp-58.18 Billion |
| 2020 | -3.39% | -3.32% | 0.32x | 3.23x | Rp-23.28 Billion |
| 2021 | -18.16% | -28.16% | 0.24x | 2.68x | Rp-72.88 Billion |
| 2022 | -51.12% | -78.24% | 0.17x | 3.84x | Rp-104.76 Billion |
Industry Comparison
This section compares Sejahtera Bintang Abadi Textile Tbk's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $47,394,380,108
- Average return on equity (ROE) among peers: -36.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sejahtera Bintang Abadi Textile Tbk (SBAT) | Rp147.53 Billion | 2.54% | 3.36x | $150.52K |
| Argo Pantes Tbk (ARGO) | $-31.65 Million | 0.00% | 0.00x | $20.74 Million |
| Trisula Textile Industries Tbk PT (BELL) | $261.43 Billion | 1.02% | 1.01x | $1.60 Million |
| PT Century Textile Industry Tbk (CNTX) | $-221.67 Billion | 0.00% | 0.00x | $81.54 |
| Ever Shine Textile Industry (ESTI) | $352.42 Billion | -10.07% | 1.20x | $1.60 Million |
| Indorama Synthetics Tbk (INDR) | $293.70 Million | 0.33% | 1.34x | $9.13 Million |
| Cottonindo Ariesta Tbk PT (KPAS) | $136.32 Million | 0.59% | 0.69x | $1.02 Million |
| Multi Spunindo Jaya Tbk. (MSJA) | $87.55 Million | 6.29% | 0.28x | $15.36 Million |
| Asia Pacific Investama Tbk PT (MYTX) | $33.69 Billion | -340.79% | 114.29x | $343.52K |
| Sri Rejeki Isman(Sritex)PT (SRIL) | $189.98 Million | 13.35% | 1.41x | $73.16 Million |