Trias Sentosa Tbk
PT Trias Sentosa Tbk operates as a flexible packaging film manufacturer in Indonesia, Japan, rest of Asia, the United States, Australia, Europe, and Africa. The company manufactures and sells biaxially oriented polypropylene (BOPP) and biaxially oriented polyester (BOPET) films and plastics; and offers solutions of plastic packaging conversion products. It also provides sustainable, barrier, labe… Read more
Trias Sentosa Tbk (TRST) - Net Assets
Latest net assets as of September 2025: Rp2.72 Trillion IDR
Based on the latest financial reports, Trias Sentosa Tbk (TRST) has net assets worth Rp2.72 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp5.50 Trillion) and total liabilities (Rp2.78 Trillion). 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 | Rp2.72 Trillion |
| % of Total Assets | 49.45% |
| Annual Growth Rate | 14.6% |
| 5-Year Change | 18.0% |
| 10-Year Change | 36.69% |
| Growth Volatility | 58.61 |
Trias Sentosa Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Trias Sentosa 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 Trias Sentosa Tbk (2000–2024)
The table below shows the annual net assets of Trias Sentosa Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.67 Trillion | +5.96% |
| 2023-12-31 | Rp2.52 Trillion | -11.38% |
| 2022-12-31 | Rp2.85 Trillion | +15.67% |
| 2021-12-31 | Rp2.46 Trillion | +8.64% |
| 2020-12-31 | Rp2.27 Trillion | +4.25% |
| 2019-12-31 | Rp2.17 Trillion | -2.81% |
| 2018-12-31 | Rp2.24 Trillion | +13.25% |
| 2017-12-31 | Rp1.98 Trillion | +2.24% |
| 2016-12-31 | Rp1.93 Trillion | -1.26% |
| 2015-12-31 | Rp1.96 Trillion | +11.09% |
| 2014-12-31 | Rp1.76 Trillion | +3.03% |
| 2013-12-31 | Rp1.71 Trillion | +26.36% |
| 2012-12-31 | Rp1.35 Trillion | +4.32% |
| 2011-12-31 | Rp1.30 Trillion | +7.98% |
| 2010-12-31 | Rp1.20 Trillion | +4.93% |
| 2009-12-31 | Rp1.14 Trillion | +10.35% |
| 2008-12-31 | Rp1.04 Trillion | +5.73% |
| 2007-12-31 | Rp981.16 Billion | +0.58% |
| 2006-12-31 | Rp975.49 Billion | +1.83% |
| 2005-12-31 | Rp957.97 Billion | +0.25% |
| 2004-12-31 | Rp955.58 Billion | +0.09% |
| 2003-12-31 | Rp954.69 Billion | +54.14% |
| 2002-12-31 | Rp619.39 Billion | +55.15% |
| 2001-12-31 | Rp399.23 Billion | +292.69% |
| 2000-12-31 | Rp101.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trias Sentosa 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 114443400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.14 Trillion | 45.85% |
| Common Stock | Rp280.80 Billion | 11.25% |
| Other Comprehensive Income | Rp990.86 Billion | 39.70% |
| Other Components | Rp79.88 Billion | 3.20% |
| Total Equity | Rp2.50 Trillion | 100.00% |
Trias Sentosa Tbk Competitors by Market Cap
The table below lists competitors of Trias Sentosa Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malee Group Public Company Limited
BK:MALEE
|
$29.51 Million |
|
Roche Bobois
PA:RBO
|
$29.52 Million |
|
Aclara Resources Inc
PINK:ARAAF
|
$29.52 Million |
|
Tanami Gold NL
AU:TAM
|
$29.52 Million |
|
ALKEMY CAPITAL INV.LS-02
F:JV2
|
$29.51 Million |
|
Voltatron AG
LSE:0RV4
|
$29.50 Million |
|
Vietnam Petroleum Transport JSC
VN:VIP
|
$29.50 Million |
|
Soc Centrale Bois Scieries Manche SA
PA:CBSM
|
$29.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trias Sentosa Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,362,910,000,000 to 2,495,974,000,000, a change of 133,064,000,000 (5.6%).
- Net income of 32,459,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 100,605,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp32.46 Billion | +1.3% |
| Other Comprehensive Income | Rp100.61 Billion | +4.03% |
| Total Change | Rp- | 5.63% |
Book Value vs Market Value Analysis
This analysis compares Trias Sentosa 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: 0.52x
- 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 1.00x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp461.88 | Rp460.00 | x |
| 2012-12-31 | Rp481.83 | Rp460.00 | x |
| 2013-12-31 | Rp608.86 | Rp460.00 | x |
| 2014-12-31 | Rp627.31 | Rp460.00 | x |
| 2015-12-31 | Rp696.91 | Rp460.00 | x |
| 2016-12-31 | Rp688.16 | Rp460.00 | x |
| 2017-12-31 | Rp703.55 | Rp460.00 | x |
| 2018-12-31 | Rp768.72 | Rp460.00 | x |
| 2019-12-31 | Rp748.82 | Rp460.00 | x |
| 2020-12-31 | Rp782.23 | Rp460.00 | x |
| 2021-12-31 | Rp841.46 | Rp460.00 | x |
| 2022-12-31 | Rp957.55 | Rp460.00 | x |
| 2023-12-31 | Rp841.49 | Rp460.00 | x |
| 2024-12-31 | Rp888.88 | Rp460.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trias Sentosa 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): 1.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.14x
- Recent ROE (1.30%) is below the historical average (7.90%), 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 | 74.53% | 38.94% | 0.50x | 3.84x | Rp257.64 Billion |
| 2002 | 22.22% | 17.61% | 0.51x | 2.46x | Rp75.68 Billion |
| 2003 | 17.81% | 21.43% | 0.47x | 1.78x | Rp74.52 Billion |
| 2004 | 3.03% | 3.21% | 0.47x | 2.00x | Rp-66.59 Billion |
| 2005 | 1.72% | 1.52% | 0.51x | 2.20x | Rp-79.37 Billion |
| 2006 | 2.66% | 2.15% | 0.60x | 2.07x | Rp-71.61 Billion |
| 2007 | 1.81% | 1.19% | 0.70x | 2.18x | Rp-80.37 Billion |
| 2008 | 5.59% | 3.20% | 0.84x | 2.08x | Rp-45.71 Billion |
| 2009 | 12.57% | 9.16% | 0.82x | 1.68x | Rp29.41 Billion |
| 2010 | 11.38% | 7.83% | 0.89x | 1.64x | Rp16.62 Billion |
| 2011 | 11.20% | 7.17% | 0.97x | 1.60x | Rp15.53 Billion |
| 2012 | 4.54% | 3.15% | 0.89x | 1.62x | Rp-73.85 Billion |
| 2013 | 1.93% | 1.62% | 0.62x | 1.91x | Rp-138.00 Billion |
| 2014 | 1.71% | 1.20% | 0.77x | 1.85x | Rp-146.06 Billion |
| 2015 | 1.29% | 1.03% | 0.73x | 1.72x | Rp-170.38 Billion |
| 2016 | 1.75% | 1.50% | 0.68x | 1.70x | Rp-159.44 Billion |
| 2017 | 1.93% | 1.62% | 0.71x | 1.69x | Rp-159.36 Billion |
| 2018 | 2.93% | 2.40% | 0.61x | 1.99x | Rp-152.66 Billion |
| 2019 | 2.19% | 1.79% | 0.59x | 2.07x | Rp-164.32 Billion |
| 2020 | 3.40% | 2.50% | 0.71x | 1.92x | Rp-144.89 Billion |
| 2021 | 7.25% | 4.69% | 0.79x | 1.96x | Rp-64.88 Billion |
| 2022 | 5.10% | 3.59% | 0.66x | 2.15x | Rp-131.84 Billion |
| 2023 | -10.31% | -8.13% | 0.59x | 2.14x | Rp-479.84 Billion |
| 2024 | 1.30% | 0.95% | 0.64x | 2.14x | Rp-217.14 Billion |
Industry Comparison
This section compares Trias Sentosa Tbk's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $514,109,495,259
- Average return on equity (ROE) among peers: 4.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trias Sentosa Tbk (TRST) | Rp2.72 Trillion | 74.53% | 1.02x | $29.51 Million |
| Argha Karya Prima Ind Tbk (AKPI) | $1.11 Trillion | 2.50% | 1.60x | $3.21 Million |
| Asiaplast Industries Tbk (APLI) | $153.08 Billion | 3.60% | 0.44x | $2.81 Million |
| Berlina Tbk (BRNA) | $358.07 Billion | 14.77% | 2.73x | $12.41 Million |
| Megalestari Epack Sentosaraya Pt (EPAC) | $181.26 Billion | 1.32% | 1.05x | $2.02 Million |
| Sinergi Inti Plastindo (ESIP) | $97.22 Billion | 0.90% | 0.04x | $1.55 Million |
| Champion Pacific Indonesia Tbk (IGAR) | $116.57 Billion | 6.89% | 1.15x | $3.09 Million |
| Indopoly Swakarsa Industry Tbk (IPOL) | $177.03 Million | 0.60% | 1.10x | $6.24 Million |
| Kedawung Setia Industrial Tbk (KDSI) | $127.25 Billion | 0.00% | 2.23x | $4.38 Million |
| PT Abadi Nusantara Hijau Investama Tbk (PACK) | $54.73 Billion | 4.18% | 0.41x | $5.49 Million |
| Panca Budi Idaman Tbk PT (PBID) | $2.95 Trillion | 13.60% | 0.18x | $31.84 Million |