Sri Rejeki Isman(Sritex)PT
PT Sri Rejeki Isman Tbk operates as a textile and garment company in Indonesia, rest of Asia, Europe, the United States of America, South America, the United Arab Emirates, Africa, and Australia. The company operates through Spinning, Weaving, Finishing, and Garment segments. It provides yarn to textile factories; greige; finished fabric; and uniforms for military schools, work, safety, and corpo… Read more
Sri Rejeki Isman(Sritex)PT (SRIL) - Net Assets
Latest net assets as of September 2024: Rp-1.02 Billion IDR
Based on the latest financial reports, Sri Rejeki Isman(Sritex)PT (SRIL) has net assets worth Rp-1.02 Billion IDR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp594.01 Million) and total liabilities (Rp1.61 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 | Rp-1.02 Billion |
| % of Total Assets | -171.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | -261.11% |
| 10-Year Change | -509.77% |
| Growth Volatility | 55.06 |
Sri Rejeki Isman(Sritex)PT - Net Assets Trend (2009–2023)
This chart illustrates how Sri Rejeki Isman(Sritex)PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sri Rejeki Isman(Sritex)PT (2009–2023)
The table below shows the annual net assets of Sri Rejeki Isman(Sritex)PT from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Rp-954.83 Million | -22.25% |
| 2022-12-31 | Rp-781.02 Million | -95.83% |
| 2021-12-31 | Rp-398.82 Million | -159.31% |
| 2020-12-31 | Rp672.42 Million | +13.46% |
| 2019-12-31 | Rp592.67 Million | +14.80% |
| 2018-12-31 | Rp516.25 Million | +16.76% |
| 2017-12-31 | Rp442.16 Million | +33.54% |
| 2016-12-31 | Rp331.11 Million | +19.65% |
| 2015-12-31 | Rp276.74 Million | +18.76% |
| 2014-12-31 | Rp233.02 Million | +22.66% |
| 2013-12-31 | Rp189.98 Million | +38.69% |
| 2012-12-31 | Rp136.98 Million | +13.40% |
| 2011-12-31 | Rp120.80 Million | +55.90% |
| 2010-12-31 | Rp77.48 Million | +72.81% |
| 2009-12-31 | Rp44.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sri Rejeki Isman(Sritex)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 115930986955.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp167.48 Million | % |
| Other Comprehensive Income | Rp-4.90 Million | % |
| Other Components | Rp44.67 Million | % |
| Total Equity | Rp-954.83 Million | 100.00% |
Sri Rejeki Isman(Sritex)PT Competitors by Market Cap
The table below lists competitors of Sri Rejeki Isman(Sritex)PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Midsona AB (publ)
ST:MSON-B
|
$73.17 Million |
|
Hope Education Group Co. Ltd
F:HE1
|
$73.18 Million |
|
Azkoyen
MC:AZK
|
$73.19 Million |
|
Mogan Enerji Yatırım Holding As
IS:MOGAN
|
$73.20 Million |
|
HANSARD GLOBAL PLC LS-50
F:H9G
|
$73.14 Million |
|
Walchandnagar Industries Limited
NSE:WALCHANNAG
|
$73.13 Million |
|
Dongkuk Steel Mill Co Ltd
KO:001230
|
$73.13 Million |
|
Monarch Networth Capital Limited
NSE:MONARCH
|
$73.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sri Rejeki Isman(Sritex)PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -781,018,569 to -954,825,475, a change of -173,806,906.
- Net loss of 174,840,395 reduced equity.
- Other comprehensive income increased equity by 1,033,489.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-174.84 Million | -18.31% |
| Other Comprehensive Income | Rp1.03 Million | +0.11% |
| Total Change | Rp- | % |
Book Value vs Market Value Analysis
This analysis compares Sri Rejeki Isman(Sritex)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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp0.02 | Rp146.00 | x |
| 2010-12-31 | Rp0.03 | Rp146.00 | x |
| 2011-12-31 | Rp0.04 | Rp146.00 | x |
| 2012-12-31 | Rp0.01 | Rp146.00 | x |
| 2013-12-31 | Rp0.01 | Rp146.00 | x |
| 2014-12-31 | Rp0.01 | Rp146.00 | x |
| 2015-12-31 | Rp0.01 | Rp146.00 | x |
| 2016-12-31 | Rp0.02 | Rp146.00 | x |
| 2017-12-31 | Rp0.02 | Rp146.00 | x |
| 2018-12-31 | Rp0.03 | Rp146.00 | x |
| 2019-12-31 | Rp0.03 | Rp146.00 | x |
| 2020-12-31 | Rp0.03 | Rp146.00 | x |
| 2021-12-31 | Rp-0.02 | Rp146.00 | x |
| 2022-12-31 | Rp-0.04 | Rp146.00 | x |
| 2023-12-31 | Rp-0.05 | Rp146.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sri Rejeki Isman(Sritex)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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.78%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (11.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -5.17% | -1.32% | 1.00x | 3.93x | Rp-6.80 Million |
| 2010 | 20.13% | 6.42% | 1.05x | 3.00x | Rp7.85 Million |
| 2011 | 14.76% | 6.97% | 0.84x | 2.51x | Rp5.74 Million |
| 2012 | 17.33% | 8.04% | 0.80x | 2.69x | Rp10.04 Million |
| 2013 | 13.35% | 6.57% | 0.84x | 2.41x | Rp6.36 Million |
| 2014 | 21.68% | 9.11% | 0.79x | 3.00x | Rp27.22 Million |
| 2015 | 20.11% | 8.95% | 0.79x | 2.83x | Rp27.99 Million |
| 2016 | 17.93% | 8.73% | 0.72x | 2.86x | Rp26.25 Million |
| 2017 | 15.39% | 8.96% | 0.64x | 2.70x | Rp23.82 Million |
| 2018 | 16.38% | 8.18% | 0.76x | 2.64x | Rp32.93 Million |
| 2019 | 14.79% | 7.42% | 0.76x | 2.63x | Rp28.39 Million |
| 2020 | 12.69% | 6.65% | 0.69x | 2.75x | Rp18.08 Million |
| 2021 | 0.00% | -127.59% | 0.69x | 0.00x | Rp-1.04 Billion |
| 2022 | 0.00% | -75.41% | 0.69x | 0.00x | Rp-317.46 Million |
| 2023 | 0.00% | -53.78% | 0.50x | 0.00x | Rp-79.36 Million |
Industry Comparison
This section compares Sri Rejeki Isman(Sritex)PT's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $62,908,226,616
- Average return on equity (ROE) among peers: -41.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sri Rejeki Isman(Sritex)PT (SRIL) | Rp-1.02 Billion | -5.17% | N/A | $73.16 Million |
| 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 | $87.24 |
| 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 |
| Sejahtera Bintang Abadi Textile Tbk (SBAT) | $139.81 Billion | -31.61% | 2.73x | $150.52K |