Tira Austenite Tbk Net Assets
Tira Austenite Tbk net assets. Based on the latest financial reports, Tira Austenite Tbk (TIRA) has net assets worth Rp165.33 Billion IDR (≈ $9.69 Million USD) 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 ≈ $23.01 Million USD) and total liabilities (Rp227.30 Billion ≈ $13.32 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. Also explore how fast is Tira Austenite Tbk growing its equity to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Tira Austenite Tbk (2000–2024)
Net assets of Tira Austenite Tbk from 2000 to 2024. This chart illustrates how Tira Austenite Tbk's net assets have evolved over time, based on quarterly financial data. See Tira Austenite Tbk (TIRA) balance sheet quality index to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see Tira Austenite Tbk (TIRA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp170.65 Billion ≈ $10.00 Million |
+1.67% |
| 2023-12-31 | Rp167.85 Billion ≈ $9.84 Million |
+0.26% |
| 2022-12-31 | Rp167.40 Billion ≈ $9.81 Million |
+1.26% |
| 2021-12-31 | Rp165.31 Billion ≈ $9.69 Million |
+1.93% |
| 2020-12-31 | Rp162.18 Billion ≈ $9.50 Million |
-2.66% |
| 2019-12-31 | Rp166.61 Billion ≈ $9.76 Million |
+3.48% |
| 2018-12-31 | Rp161.00 Billion ≈ $9.43 Million |
+1.67% |
| 2017-12-31 | Rp158.36 Billion ≈ $9.28 Million |
-3.65% |
| 2016-12-31 | Rp164.35 Billion ≈ $9.63 Million |
+100.25% |
| 2015-12-31 | Rp82.07 Billion ≈ $4.81 Million |
-1.82% |
| 2014-12-31 | Rp83.59 Billion ≈ $4.90 Million |
-7.60% |
| 2013-12-31 | Rp90.47 Billion ≈ $5.30 Million |
-15.99% |
| 2012-12-31 | Rp107.68 Billion ≈ $6.31 Million |
+4.97% |
| 2011-12-31 | Rp102.58 Billion ≈ $6.01 Million |
+7.13% |
| 2010-12-31 | Rp95.76 Billion ≈ $5.61 Million |
+15.47% |
| 2009-12-31 | Rp82.93 Billion ≈ $4.86 Million |
+3.61% |
| 2008-12-31 | Rp80.04 Billion ≈ $4.69 Million |
+2.46% |
| 2007-12-31 | Rp78.12 Billion ≈ $4.58 Million |
+2.53% |
| 2006-12-31 | Rp76.19 Billion ≈ $4.46 Million |
-3.75% |
| 2005-12-31 | Rp79.16 Billion ≈ $4.64 Million |
+8.80% |
| 2004-12-31 | Rp72.75 Billion ≈ $4.26 Million |
-39.30% |
| 2003-12-31 | Rp119.85 Billion ≈ $7.02 Million |
+82.80% |
| 2002-12-31 | Rp65.56 Billion ≈ $3.84 Million |
+2.28% |
| 2001-12-31 | Rp64.10 Billion ≈ $3.76 Million |
+13.73% |
| 2000-12-31 | Rp56.37 Billion ≈ $3.30 Million |
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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.
Tira Austenite Tbk Net Assets Breakdown (December 2024)
Tira Austenite Tbk net assets breakdown by equity component as of 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 |
|---|---|
|
ESSA Pharma Inc
NASDAQ:EPIX
|
$9.52 Million |
|
RS Public Company Limited
BK:RS
|
$9.52 Million |
|
DevPort AB (publ)
ST:DEVP-B
|
$9.53 Million |
|
Zhuhai Sailong Pharmaceutical Co Ltd
SHE:002898
|
$9.53 Million |
|
Beardsell Limited
NSE:BEARDSELL
|
$9.51 Million |
|
Origin Agritech Ltd
F:39O1
|
$9.50 Million |
|
Proactis SA
PA:PROAC
|
$9.50 Million |
|
Bawat Water Technologies AB
ST:BAWAT
|
$9.50 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: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.60x to 0.95x 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 | Rp276.00 | x |
| 2013-12-31 | Rp146.66 | Rp276.00 | x |
| 2014-12-31 | Rp136.00 | Rp276.00 | x |
| 2015-12-31 | Rp134.81 | Rp276.00 | x |
| 2016-12-31 | Rp274.53 | Rp276.00 | x |
| 2017-12-31 | Rp265.67 | Rp276.00 | x |
| 2018-12-31 | Rp271.82 | Rp276.00 | x |
| 2019-12-31 | Rp275.18 | Rp276.00 | x |
| 2020-12-31 | Rp275.82 | Rp276.00 | x |
| 2021-12-31 | Rp281.15 | Rp276.00 | x |
| 2022-12-31 | Rp284.70 | Rp276.00 | x |
| 2023-12-31 | Rp285.45 | Rp276.00 | x |
| 2024-12-31 | Rp289.18 | Rp276.00 | 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: $524,650,763,365
- Average return on equity (ROE) among peers: 11.50%
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 | $9.51 Million |
| Catur Sentosa Adiprana Tbk (CSAP) | $1.41 Trillion | 5.12% | 2.00x | $87.92 Million |
| Hexindo Adiperkasa Tbk (HEXA) | $131.77 Million | 32.72% | 0.92x | $147.17 Million |
| Intraco Penta Tbk (INTA) | $500.60 Billion | 5.91% | 7.53x | $11.95 Million |
| PT Satu Visi Putra Tbk (VISI) | $186.10 Billion | 2.25% | 0.57x | $114.42 Million |
About 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