Sri Rejeki Isman(Sritex)PT (SRIL) - Net Assets

Latest as of September 2024: Rp-1.02 Billion IDR ≈ $-59.82K USD

Based on the latest financial reports, Sri Rejeki Isman(Sritex)PT (SRIL) has net assets worth Rp-1.02 Billion IDR (≈ $-59.82K USD) 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 ≈ $34.81K USD) and total liabilities (Rp1.61 Billion ≈ $94.63K USD). 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. Check SRIL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Sri Rejeki Isman(Sritex)PT for the complete picture of this company's asset base.

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. For live valuation and market cap data, see SRIL stock market capitalisation.

Year	Net Assets	Change
2023-12-31	Rp-954.83 Million ≈ $-55.95K	-22.25%
2022-12-31	Rp-781.02 Million ≈ $-45.76K	-95.83%
2021-12-31	Rp-398.82 Million ≈ $-23.37K	-159.31%
2020-12-31	Rp672.42 Million ≈ $39.40K	+13.46%
2019-12-31	Rp592.67 Million ≈ $34.73K	+14.80%
2018-12-31	Rp516.25 Million ≈ $30.25K	+16.76%
2017-12-31	Rp442.16 Million ≈ $25.91K	+33.54%
2016-12-31	Rp331.11 Million ≈ $19.40K	+19.65%
2015-12-31	Rp276.74 Million ≈ $16.22K	+18.76%
2014-12-31	Rp233.02 Million ≈ $13.65K	+22.66%
2013-12-31	Rp189.98 Million ≈ $11.13K	+38.69%
2012-12-31	Rp136.98 Million ≈ $8.03K	+13.40%
2011-12-31	Rp120.80 Million ≈ $7.08K	+55.90%
2010-12-31	Rp77.48 Million ≈ $4.54K	+72.81%
2009-12-31	Rp44.84 Million ≈ $2.63K	--

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
Daehan Flour Mills Co Ltd KO:001130	$174.98 Million
Aplicaciones y Tratamiento de Sistemas S.A. MC:ATSI	$175.00 Million
Hind Rectifiers Limited NSE:HIRECT	$175.00 Million
Kolibri Global Energy Inc TO:KEI	$175.08 Million
Daesung Ind KO:128820	$174.88 Million
Caribou Biosciences Inc NASDAQ:CRBU	$174.79 Million
Deutsche Konsum REIT AG XETRA:DKG	$174.78 Million
Universal Microelectronics Co Ltd TW:2413	$174.74 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: $-20,267,859,434
Average return on equity (ROE) among peers: -0.93%

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	$174.97 Million
Argo Pantes Tbk (ARGO)	$-1.21 Trillion	0.00%	0.00x	$205.53 Million
Trisula Textile Industries Tbk PT (BELL)	$256.53 Billion	-6.25%	1.16x	$62.13 Million
Indo Kordsa Tbk (BRAM)	$132.61 Million	11.10%	0.23x	$120.52 Million
PT Century Textile Industry Tbk (CNTX)	$-182.32 Billion	0.00%	0.00x	$582.44K
Ever Shine Textile Industry (ESTI)	$257.44 Billion	1.72%	1.47x	$19.84 Million
Indorama Synthetics Tbk (INDR)	$465.16 Million	9.14%	0.87x	$103.14 Million
Cottonindo Ariesta Tbk PT (KPAS)	$146.08 Billion	0.39%	0.75x	$2.79 Million
Multi Spunindo Jaya Tbk. (MSJA)	$69.60 Million	13.18%	0.60x	$175.79 Million
Asia Pacific Investama Tbk PT (MYTX)	$349.08 Billion	-38.60%	8.91x	$2.01 Million
Sejahtera Bintang Abadi Textile Tbk (SBAT)	$176.73 Billion	0.06%	1.60x	$278.51K

About Sri Rejeki Isman(Sritex)PT

JK:SRIL Indonesia Textile Manufacturing

Market Cap

$174.97 Million

Rp2.99 Trillion IDR

Market Cap Rank

#17033 Global

#260 in Indonesia

Share Price

Rp146.00

Change (1 day)

+0.00%

52-Week Range

Rp146.00 - Rp146.00

All Time High

Rp473.16