Sunson Textile Manufacturer
PT Sunson Textile Manufacturer Tbk manufactures and sells yarn, fabric, and other textile products in Indonesia. The company operates in three segments: Spinning, Weaving, and Others. It provides yarn and woven fabric made from cotton, TC, CVC, TR, and DTY polyester yarns. The company is also involved in general trading activities. In addition, it exports its products. PT Sunson Textile Manufactu… Read more
Sunson Textile Manufacturer (SSTM) - Net Assets
Latest net assets as of June 2025: Rp221.14 Billion IDR
Based on the latest financial reports, Sunson Textile Manufacturer (SSTM) has net assets worth Rp221.14 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 (Rp371.45 Billion) and total liabilities (Rp150.31 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 | Rp221.14 Billion |
| % of Total Assets | 59.53% |
| Annual Growth Rate | -0.24% |
| 5-Year Change | 17.97% |
| 10-Year Change | -9.95% |
| Growth Volatility | 11.79 |
Sunson Textile Manufacturer - Net Assets Trend (2000–2024)
This chart illustrates how Sunson Textile Manufacturer's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sunson Textile Manufacturer (2000–2024)
The table below shows the annual net assets of Sunson Textile Manufacturer from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp219.81 Billion | -6.81% |
| 2023-12-31 | Rp235.86 Billion | -1.17% |
| 2022-12-31 | Rp238.65 Billion | -2.32% |
| 2021-12-31 | Rp244.32 Billion | +31.12% |
| 2020-12-31 | Rp186.33 Billion | -7.00% |
| 2019-12-31 | Rp200.35 Billion | -6.92% |
| 2018-12-31 | Rp215.25 Billion | +1.31% |
| 2017-12-31 | Rp212.47 Billion | -10.71% |
| 2016-12-31 | Rp237.94 Billion | -2.52% |
| 2015-12-31 | Rp244.09 Billion | -5.44% |
| 2014-12-31 | Rp258.13 Billion | -5.00% |
| 2013-12-31 | Rp271.71 Billion | -4.64% |
| 2012-12-31 | Rp284.94 Billion | -4.73% |
| 2011-12-31 | Rp299.08 Billion | -7.46% |
| 2010-12-31 | Rp323.17 Billion | +3.17% |
| 2009-12-31 | Rp313.26 Billion | +11.04% |
| 2008-12-31 | Rp282.12 Billion | +24.85% |
| 2007-12-31 | Rp225.96 Billion | +0.92% |
| 2006-12-31 | Rp223.89 Billion | -6.48% |
| 2005-12-31 | Rp239.40 Billion | -17.68% |
| 2004-12-31 | Rp290.82 Billion | -14.31% |
| 2003-12-31 | Rp339.37 Billion | +20.81% |
| 2002-12-31 | Rp280.92 Billion | +7.73% |
| 2001-12-31 | Rp260.76 Billion | +11.90% |
| 2000-12-31 | Rp233.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunson Textile Manufacturer'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 15113632400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp292.73 Billion | 133.17% |
| Other Comprehensive Income | Rp6.59 Billion | 3.00% |
| Other Components | Rp71.63 Billion | 32.59% |
| Total Equity | Rp219.81 Billion | 100.00% |
Sunson Textile Manufacturer Competitors by Market Cap
The table below lists competitors of Sunson Textile Manufacturer ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tenon Medical Inc
NASDAQ:TNON
|
$6.48 Million |
|
PharmaCyte Biotech Inc
NASDAQ:PMCB
|
$6.49 Million |
|
Tao Heung Holdings Limited
F:BVI
|
$6.49 Million |
|
Bannari Amman Spinning Mills Limited
NSE:BASML
|
$6.49 Million |
|
Hosken Consolidated Investments Ltd
JSE:HCI
|
$6.48 Million |
|
AVA INFRASTRUCTURE FUND
XNSA:AVAIF
|
$6.48 Million |
|
Arco Vara AS
F:AV1
|
$6.48 Million |
|
Vietnam Sun Corp
VN:VNS
|
$6.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunson Textile Manufacturer's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 235,861,882,000 to 219,810,070,000, a change of -16,051,812,000 (-6.8%).
- Net loss of 17,985,743,000 reduced equity.
- Other comprehensive income increased equity by 1,933,931,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-17.99 Billion | -8.18% |
| Other Comprehensive Income | Rp1.93 Billion | +0.88% |
| Total Change | Rp- | -6.81% |
Book Value vs Market Value Analysis
This analysis compares Sunson Textile Manufacturer'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: 3.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.40x to 3.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp243.35 | Rp585.00 | x |
| 2013-12-31 | Rp232.05 | Rp585.00 | x |
| 2014-12-31 | Rp220.45 | Rp585.00 | x |
| 2015-12-31 | Rp208.46 | Rp585.00 | x |
| 2016-12-31 | Rp203.21 | Rp585.00 | x |
| 2017-12-31 | Rp181.45 | Rp585.00 | x |
| 2018-12-31 | Rp183.83 | Rp585.00 | x |
| 2019-12-31 | Rp171.11 | Rp585.00 | x |
| 2020-12-31 | Rp159.13 | Rp585.00 | x |
| 2021-12-31 | Rp208.66 | Rp585.00 | x |
| 2022-12-31 | Rp203.81 | Rp585.00 | x |
| 2023-12-31 | Rp201.43 | Rp585.00 | x |
| 2024-12-31 | Rp187.73 | Rp585.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunson Textile Manufacturer 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): -8.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.63%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.88x
- Recent ROE (-8.18%) is below the historical average (-1.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.07% | 4.47% | 0.62x | 2.89x | Rp-5.42 Billion |
| 2003 | 2.54% | 1.64% | 0.58x | 2.69x | Rp-25.32 Billion |
| 2007 | 0.91% | 0.33% | 0.70x | 3.98x | Rp-20.53 Billion |
| 2009 | 9.94% | 7.29% | 0.49x | 2.80x | Rp-190.23 Million |
| 2010 | 3.07% | 2.22% | 0.51x | 2.70x | Rp-22.40 Billion |
| 2012 | -4.96% | -2.55% | 0.68x | 2.84x | Rp-42.63 Billion |
| 2013 | -4.87% | -2.31% | 0.72x | 2.95x | Rp-40.40 Billion |
| 2014 | -5.44% | -2.70% | 0.67x | 3.00x | Rp-39.86 Billion |
| 2015 | -4.29% | -2.07% | 0.70x | 2.98x | Rp-34.87 Billion |
| 2016 | -6.62% | -3.61% | 0.67x | 2.76x | Rp-39.55 Billion |
| 2017 | -11.16% | -6.90% | 0.56x | 2.90x | Rp-44.96 Billion |
| 2018 | 0.52% | 0.27% | 0.72x | 2.65x | Rp-20.41 Billion |
| 2019 | -8.12% | -4.59% | 0.67x | 2.64x | Rp-36.30 Billion |
| 2020 | -8.24% | -6.96% | 0.44x | 2.67x | Rp-33.99 Billion |
| 2021 | 23.23% | 25.02% | 0.47x | 1.99x | Rp32.32 Billion |
| 2022 | -2.53% | -2.32% | 0.57x | 1.91x | Rp-29.91 Billion |
| 2023 | -2.64% | -2.78% | 0.51x | 1.86x | Rp-29.82 Billion |
| 2024 | -8.18% | -7.63% | 0.57x | 1.88x | Rp-39.97 Billion |
Industry Comparison
This section compares Sunson Textile Manufacturer's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $56,636,401,474
- Average return on equity (ROE) among peers: -36.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunson Textile Manufacturer (SSTM) | Rp221.14 Billion | 8.07% | 0.68x | $6.48 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 | $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 |
| Sejahtera Bintang Abadi Textile Tbk (SBAT) | $139.81 Billion | -31.61% | 2.73x | $150.52K |
| Sri Rejeki Isman(Sritex)PT (SRIL) | $189.98 Million | 13.35% | 1.41x | $73.16 Million |