Sunson Textile Manufacturer (SSTM) - Net Assets

Latest as of June 2025: Rp221.14 Billion IDR ≈ $12.96 Million USD

Based on the latest financial reports, Sunson Textile Manufacturer (SSTM) has net assets worth Rp221.14 Billion IDR (≈ $12.96 Million USD) 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 ≈ $21.77 Million USD) and total liabilities (Rp150.31 Billion ≈ $8.81 Million 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 SSTM financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore SSTM total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Sunson Textile Manufacturer (SSTM) market capitalisation.

Year	Net Assets	Change
2024-12-31	Rp219.81 Billion ≈ $12.88 Million	-6.81%
2023-12-31	Rp235.86 Billion ≈ $13.82 Million	-1.17%
2022-12-31	Rp238.65 Billion ≈ $13.98 Million	-2.32%
2021-12-31	Rp244.32 Billion ≈ $14.32 Million	+31.12%
2020-12-31	Rp186.33 Billion ≈ $10.92 Million	-7.00%
2019-12-31	Rp200.35 Billion ≈ $11.74 Million	-6.92%
2018-12-31	Rp215.25 Billion ≈ $12.61 Million	+1.31%
2017-12-31	Rp212.47 Billion ≈ $12.45 Million	-10.71%
2016-12-31	Rp237.94 Billion ≈ $13.94 Million	-2.52%
2015-12-31	Rp244.09 Billion ≈ $14.30 Million	-5.44%
2014-12-31	Rp258.13 Billion ≈ $15.13 Million	-5.00%
2013-12-31	Rp271.71 Billion ≈ $15.92 Million	-4.64%
2012-12-31	Rp284.94 Billion ≈ $16.70 Million	-4.73%
2011-12-31	Rp299.08 Billion ≈ $17.52 Million	-7.46%
2010-12-31	Rp323.17 Billion ≈ $18.94 Million	+3.17%
2009-12-31	Rp313.26 Billion ≈ $18.36 Million	+11.04%
2008-12-31	Rp282.12 Billion ≈ $16.53 Million	+24.85%
2007-12-31	Rp225.96 Billion ≈ $13.24 Million	+0.92%
2006-12-31	Rp223.89 Billion ≈ $13.12 Million	-6.48%
2005-12-31	Rp239.40 Billion ≈ $14.03 Million	-17.68%
2004-12-31	Rp290.82 Billion ≈ $17.04 Million	-14.31%
2003-12-31	Rp339.37 Billion ≈ $19.89 Million	+20.81%
2002-12-31	Rp280.92 Billion ≈ $16.46 Million	+7.73%
2001-12-31	Rp260.76 Billion ≈ $15.28 Million	+11.90%
2000-12-31	Rp233.03 Billion ≈ $13.65 Million	--

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
SCI Information Service Inc KQ:036120	$44.95 Million
Daiyang Metal KO:009190	$44.96 Million
Alpha Pro Tech Ltd NYSE MKT:APT	$44.96 Million
Auric Mining Ltd AU:AWJ	$44.98 Million
Mister Spex SE F:MRX	$44.94 Million
Selangor Dredging Bhd KLSE:2224	$44.93 Million
Shuang-Bang Industrial TWO:6506	$44.89 Million
Arianne Phosphate Inc V:DAN	$44.88 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: 3.49x
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 2.69x to 3.49x 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	Rp655.00	x
2013-12-31	Rp232.05	Rp655.00	x
2014-12-31	Rp220.45	Rp655.00	x
2015-12-31	Rp208.46	Rp655.00	x
2016-12-31	Rp203.21	Rp655.00	x
2017-12-31	Rp181.45	Rp655.00	x
2018-12-31	Rp183.83	Rp655.00	x
2019-12-31	Rp171.11	Rp655.00	x
2020-12-31	Rp159.13	Rp655.00	x
2021-12-31	Rp208.66	Rp655.00	x
2022-12-31	Rp203.81	Rp655.00	x
2023-12-31	Rp201.43	Rp655.00	x
2024-12-31	Rp187.73	Rp655.00	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: $-94,970,192,589
Average return on equity (ROE) among peers: 1.05%

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	$44.94 Million
Argo Pantes Tbk (ARGO)	$-1.17 Trillion	0.00%	0.00x	$205.53 Million
Trisula Textile Industries Tbk PT (BELL)	$184.59 Billion	11.38%	1.23x	$62.13 Million
Indo Kordsa Tbk (BRAM)	$182.93 Million	5.69%	0.60x	$120.52 Million
PT Century Textile Industry Tbk (CNTX)	$-182.32 Billion	0.00%	0.00x	$582.44K
Ever Shine Textile Industry (ESTI)	$14.57 Million	11.06%	2.51x	$19.84 Million
Indorama Synthetics Tbk (INDR)	$288.57 Million	8.98%	0.96x	$103.14 Million
Cottonindo Ariesta Tbk PT (KPAS)	$146.08 Billion	0.39%	0.75x	$2.79 Million
Multi Spunindo Jaya Tbk. (MSJA)	$61.82 Million	24.08%	0.58x	$175.79 Million
Asia Pacific Investama Tbk PT (MYTX)	$-103.56 Billion	0.00%	0.00x	$2.01 Million
Sejahtera Bintang Abadi Textile Tbk (SBAT)	$171.40 Billion	-51.12%	2.84x	$278.51K

About Sunson Textile Manufacturer

JK:SSTM Indonesia Textile Manufacturing

Market Cap

$44.94 Million

Rp766.95 Billion IDR

Market Cap Rank

#22293 Global

#451 in Indonesia

Share Price

Rp655.00

Change (1 day)

-1.50%

52-Week Range

Rp159.00 - Rp3850.00

All Time High

Rp3850.00