Tira Austenite Tbk
PT Tira Austenite Tbk engages in the trading and distribution of technical products in Indonesia. It operates through three segments: Trading and Distribution of Technical Products; Welding and Molding; and Distribution of Industrial Gases. The company offers tool, stainless, machinery, and wear resistance steel. It also provides gas packaging and transportation services; gases such as breathing … Read more
Tira Austenite Tbk (TIRA) - Net Assets
Latest net assets as of September 2025: Rp165.33 Billion IDR
Based on the latest financial reports, Tira Austenite Tbk (TIRA) has net assets worth Rp165.33 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp392.63 Billion) and total liabilities (Rp227.30 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 | Rp165.33 Billion |
| % of Total Assets | 42.11% |
| Annual Growth Rate | 4.72% |
| 5-Year Change | 5.23% |
| 10-Year Change | 107.94% |
| Growth Volatility | 27.46 |
Tira Austenite Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Tira Austenite 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 Tira Austenite Tbk (2000–2024)
The table below shows the annual net assets of Tira Austenite Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp170.65 Billion | +1.67% |
| 2023-12-31 | Rp167.85 Billion | +0.26% |
| 2022-12-31 | Rp167.40 Billion | +1.26% |
| 2021-12-31 | Rp165.31 Billion | +1.93% |
| 2020-12-31 | Rp162.18 Billion | -2.66% |
| 2019-12-31 | Rp166.61 Billion | +3.48% |
| 2018-12-31 | Rp161.00 Billion | +1.67% |
| 2017-12-31 | Rp158.36 Billion | -3.65% |
| 2016-12-31 | Rp164.35 Billion | +100.25% |
| 2015-12-31 | Rp82.07 Billion | -1.82% |
| 2014-12-31 | Rp83.59 Billion | -7.60% |
| 2013-12-31 | Rp90.47 Billion | -15.99% |
| 2012-12-31 | Rp107.68 Billion | +4.97% |
| 2011-12-31 | Rp102.58 Billion | +7.13% |
| 2010-12-31 | Rp95.76 Billion | +15.47% |
| 2009-12-31 | Rp82.93 Billion | +3.61% |
| 2008-12-31 | Rp80.04 Billion | +2.46% |
| 2007-12-31 | Rp78.12 Billion | +2.53% |
| 2006-12-31 | Rp76.19 Billion | -3.75% |
| 2005-12-31 | Rp79.16 Billion | +8.80% |
| 2004-12-31 | Rp72.75 Billion | -39.30% |
| 2003-12-31 | Rp119.85 Billion | +82.80% |
| 2002-12-31 | Rp65.56 Billion | +2.28% |
| 2001-12-31 | Rp64.10 Billion | +13.73% |
| 2000-12-31 | Rp56.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tira Austenite 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 grown by 736824600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp7.37 Billion | 4.33% |
| Common Stock | Rp58.80 Billion | 34.58% |
| Other Comprehensive Income | Rp94.35 Billion | 55.49% |
| Other Components | Rp9.52 Billion | 5.60% |
| Total Equity | Rp170.04 Billion | 100.00% |
Tira Austenite Tbk Competitors by Market Cap
The table below lists competitors of Tira Austenite Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solution Financial Inc
PINK:SLNFF
|
$5.77 Million |
|
Big Rock Brewery Inc
PINK:BRBMF
|
$5.77 Million |
|
Harta Djaya Karya Tbk Pt
JK:MEJA
|
$5.77 Million |
|
Lite Access Technologies Inc
V:LTE
|
$5.77 Million |
|
Compremum S.A.
WAR:CPR
|
$5.77 Million |
|
Fineqia International Inc
PINK:FNQQF
|
$5.77 Million |
|
Indo Us Bio-Tech Limited
NSE:INDOUS
|
$5.77 Million |
|
Magna Polonia SA
WAR:06N
|
$5.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tira Austenite Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 167,845,656,000 to 170,040,428,000, a change of 2,194,772,000 (1.3%).
- Net income of 1,529,078,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,861,972,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.53 Billion | +0.9% |
| Other Comprehensive Income | Rp1.86 Billion | +1.1% |
| Other Changes | Rp-1.20 Billion | -0.7% |
| Total Change | Rp- | 1.31% |
Book Value vs Market Value Analysis
This analysis compares Tira Austenite 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: 3.87x
- 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 decreased from 6.51x to 3.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp172.00 | Rp1120.00 | x |
| 2013-12-31 | Rp146.66 | Rp1120.00 | x |
| 2014-12-31 | Rp136.00 | Rp1120.00 | x |
| 2015-12-31 | Rp134.81 | Rp1120.00 | x |
| 2016-12-31 | Rp274.53 | Rp1120.00 | x |
| 2017-12-31 | Rp265.67 | Rp1120.00 | x |
| 2018-12-31 | Rp271.82 | Rp1120.00 | x |
| 2019-12-31 | Rp275.18 | Rp1120.00 | x |
| 2020-12-31 | Rp275.82 | Rp1120.00 | x |
| 2021-12-31 | Rp281.15 | Rp1120.00 | x |
| 2022-12-31 | Rp284.70 | Rp1120.00 | x |
| 2023-12-31 | Rp285.45 | Rp1120.00 | x |
| 2024-12-31 | Rp289.18 | Rp1120.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tira Austenite 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.53%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.13x
- Recent ROE (0.90%) is below the historical average (2.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 11.15% | 6.45% | 0.97x | 1.79x | Rp692.18 Million |
| 2002 | 5.59% | 3.67% | 0.49x | 3.14x | Rp-2.80 Billion |
| 2003 | 4.07% | 1.20% | 0.79x | 4.29x | Rp-3.93 Billion |
| 2004 | 16.10% | 9.39% | 0.67x | 2.57x | Rp4.22 Billion |
| 2005 | 4.01% | 1.71% | 0.96x | 2.44x | Rp-4.43 Billion |
| 2006 | 8.71% | 3.13% | 0.82x | 3.38x | Rp-936.03 Million |
| 2007 | 3.36% | 1.13% | 0.93x | 3.18x | Rp-4.98 Billion |
| 2008 | 1.74% | 0.52% | 1.11x | 2.99x | Rp-6.31 Billion |
| 2009 | 2.80% | 0.93% | 1.18x | 2.57x | Rp-5.66 Billion |
| 2010 | 4.37% | 1.47% | 1.23x | 2.41x | Rp-5.08 Billion |
| 2011 | 5.74% | 1.85% | 1.33x | 2.34x | Rp-4.08 Billion |
| 2012 | 6.98% | 2.53% | 1.16x | 2.38x | Rp-3.05 Billion |
| 2013 | -14.00% | -4.66% | 1.11x | 2.72x | Rp-20.70 Billion |
| 2014 | 1.98% | 0.57% | 1.21x | 2.89x | Rp-6.42 Billion |
| 2015 | 2.15% | 0.67% | 1.17x | 2.73x | Rp-6.22 Billion |
| 2016 | 0.91% | 0.57% | 0.79x | 2.04x | Rp-14.67 Billion |
| 2017 | -6.47% | -4.15% | 0.71x | 2.19x | Rp-25.73 Billion |
| 2018 | 0.55% | 0.31% | 0.84x | 2.15x | Rp-15.10 Billion |
| 2019 | 0.77% | 0.45% | 0.83x | 2.10x | Rp-14.93 Billion |
| 2020 | 1.46% | 0.94% | 0.73x | 2.13x | Rp-13.86 Billion |
| 2021 | -2.05% | -1.42% | 0.68x | 2.12x | Rp-19.92 Billion |
| 2022 | 1.33% | 0.78% | 0.81x | 2.10x | Rp-14.52 Billion |
| 2023 | 0.75% | 0.48% | 0.75x | 2.06x | Rp-15.53 Billion |
| 2024 | 0.90% | 0.53% | 0.79x | 2.13x | Rp-15.47 Billion |
Industry Comparison
This section compares Tira Austenite Tbk's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $297,673,086,399
- Average return on equity (ROE) among peers: 18.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tira Austenite Tbk (TIRA) | Rp165.33 Billion | 11.15% | 1.37x | $5.77 Million |
| Catur Sentosa Adiprana Tbk (CSAP) | $853.52 Billion | 4.76% | 3.13x | $7.34 Million |
| Hexindo Adiperkasa Tbk (HEXA) | $55.45 Million | 41.70% | 2.00x | $41.67 Million |
| Intraco Penta Tbk (INTA) | $320.09 Billion | 2.97% | 1.70x | $6.21 Million |
| PT Satu Visi Putra Tbk (VISI) | $17.03 Billion | 23.86% | 4.59x | $21.17 Million |