PT Boston Furniture Industries Tbk
PT Boston Furniture Industries Tbk, together with its subsidiaries, manufactures, distributes, and sells furniture products for household and office needs in Indonesia. It offers wood-based and metal-based furniture products. The company was founded in 2012 and is headquartered in Tangerang, Indonesia.
PT Boston Furniture Industries Tbk (SOFA) - Net Assets
Latest net assets as of June 2025: Rp45.50 Billion IDR
Based on the latest financial reports, PT Boston Furniture Industries Tbk (SOFA) has net assets worth Rp45.50 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp60.70 Billion) and total liabilities (Rp15.20 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 | Rp45.50 Billion |
| % of Total Assets | 74.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | -4.02% |
| 10-Year Change | N/A |
| Growth Volatility | 155.65 |
PT Boston Furniture Industries Tbk - Net Assets Trend (2018–2024)
This chart illustrates how PT Boston Furniture Industries 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 Boston Furniture Industries Tbk (2018–2024)
The table below shows the annual net assets of PT Boston Furniture Industries Tbk from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp44.79 Billion | -1.36% |
| 2023-12-31 | Rp45.41 Billion | +1.17% |
| 2022-12-31 | Rp44.89 Billion | +2.61% |
| 2021-12-31 | Rp43.74 Billion | -6.27% |
| 2020-12-31 | Rp46.67 Billion | +388.10% |
| 2019-12-31 | Rp9.56 Billion | +422.50% |
| 2018-12-31 | Rp-2.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Boston Furniture Industries 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 219641747600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp16.54 Billion | 36.91% |
| Other Comprehensive Income | Rp439.03 Million | 0.98% |
| Other Components | Rp32.84 Billion | 73.32% |
| Total Equity | Rp44.79 Billion | 100.00% |
PT Boston Furniture Industries Tbk Competitors by Market Cap
The table below lists competitors of PT Boston Furniture Industries Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bakrie & Brothers Tbk
JK:BNBR
|
$14.23 Million |
|
Kocom Co. Ltd
KQ:015710
|
$14.24 Million |
|
Samhwa Networks Co. Ltd
KQ:046390
|
$14.24 Million |
|
Nectar Lifesciences Limited
NSE:NECLIFE
|
$14.25 Million |
|
AQUILA ENERGY EFF.TR.-01
F:9YE
|
$14.22 Million |
|
Thonburi Medical Centre Public Company Limited
BK:KDH
|
$14.22 Million |
|
Sealink International Bhd
KLSE:5145
|
$14.21 Million |
|
IMPRESA SGPS SA NOM.EO05
F:IR9
|
$14.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Boston Furniture Industries Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,414,059,682 to 44,794,706,268, a change of -619,353,414 (-1.4%).
- Net loss of 910,306,608 reduced equity.
- Other comprehensive income increased equity by 290,953,195.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-910.31 Million | -2.03% |
| Other Comprehensive Income | Rp290.95 Million | +0.65% |
| Other Changes | Rp-1.00 | -0.0% |
| Total Change | Rp- | -1.36% |
Book Value vs Market Value Analysis
This analysis compares PT Boston Furniture Industries 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: 17.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Rp-1.01 | Rp482.00 | x |
| 2019-12-31 | Rp3.24 | Rp482.00 | x |
| 2020-12-31 | Rp28.28 | Rp482.00 | x |
| 2021-12-31 | Rp26.45 | Rp482.00 | x |
| 2022-12-31 | Rp27.15 | Rp482.00 | x |
| 2023-12-31 | Rp29.30 | Rp482.00 | x |
| 2024-12-31 | Rp27.09 | Rp482.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Boston Furniture Industries 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): -2.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.81%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.39x
- Recent ROE (-2.03%) is below the historical average (0.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -33.34% | 0.30x | 0.00x | Rp-2.15 Billion |
| 2019 | 6.69% | 2.59% | 0.94x | 2.74x | Rp-316.08 Million |
| 2020 | 0.44% | 0.86% | 0.35x | 1.46x | Rp-4.46 Billion |
| 2021 | -7.05% | -8.24% | 0.58x | 1.47x | Rp-7.46 Billion |
| 2022 | 1.88% | 1.79% | 0.76x | 1.38x | Rp-3.64 Billion |
| 2023 | 0.24% | 0.23% | 0.73x | 1.41x | Rp-4.43 Billion |
| 2024 | -2.03% | -1.81% | 0.80x | 1.39x | Rp-5.39 Billion |
Industry Comparison
This section compares PT Boston Furniture Industries Tbk's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $161,284,592,957
- Average return on equity (ROE) among peers: 6.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Boston Furniture Industries Tbk (SOFA) | Rp45.50 Billion | 0.00% | 0.33x | $14.22 Million |
| Cahaya Bintang Medan Tbk Pt (CBMF) | $249.60 Billion | -0.64% | 0.47x | $1.38 Million |
| Chitose Internasional Tbk (CINT) | $388.68 Billion | 3.30% | 0.26x | $2.79 Million |
| Gema Grahasarana Tbk (GEMA) | $39.44 Billion | 2.83% | 1.62x | $1.80 Million |
| Kedaung Indah Can Tbk (KICI) | $103.82 Billion | -6.99% | 0.90x | $739.07K |
| Imago Mulia Persada Tbk PT (LFLO) | $63.86 Billion | 23.69% | 1.42x | $8.51 Million |
| PT Homeco Victoria Makmur Tbk (LIVE) | $184.24 Billion | 17.34% | 0.91x | $10.31 Million |
| Langgeng Makmur Industri Tbk (LMPI) | $401.21 Billion | 0.99% | 0.98x | $742.41K |
| Panca Anugrah Wisesa Tbk PT (MGLV) | $3.81 Billion | 12.41% | 14.36x | $58.44 Million |
| Oscar Mitra Sukses Sejahtera Tbk PT (OLIV) | $16.91 Billion | 3.77% | 0.82x | $1.28 Million |