Eastern Silk Industries Limited
Eastern Silk Industries Limited engages in the manufacture and sale of textile and allied products in India. The company provides silk yarns, fabrics and made-ups, home furnishings, scarves, laces, and belts, as well as fashion, handloom, double width, and embroidered fabrics. It also exports its products. The company was incorporated in 1946 and is based in Kolkata, India.
Eastern Silk Industries Limited (EASTSILK) - Total Assets
Latest total assets as of December 2024: ₹1.49 Billion INR
Based on the latest financial reports, Eastern Silk Industries Limited (EASTSILK) holds total assets worth ₹1.49 Billion INR as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Eastern Silk Industries Limited - Total Assets Trend (2006–2024)
This chart illustrates how Eastern Silk Industries Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Eastern Silk Industries Limited - Asset Composition Analysis
Current Asset Composition (March 2024)
Eastern Silk Industries Limited's total assets of ₹1.49 Billion consist of 37.5% current assets and 62.5% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 11.3% |
| Accounts Receivable | ₹13.29 Million | 1.0% |
| Inventory | ₹307.41 Million | 22.8% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹0.00 | 0.0% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Eastern Silk Industries Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Eastern Silk Industries Limited's current assets represent 37.5% of total assets in 2024, a decrease from 68.5% in 2006.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, up from 1.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 22.8% of total assets.
Eastern Silk Industries Limited Competitors by Total Assets
Key competitors of Eastern Silk Industries Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Eastern Silk Industries Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Eastern Silk Industries Limited generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Eastern Silk Industries Limited is currently not profitable relative to its asset base.
Eastern Silk Industries Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.21 | 0.36 | 1.45 |
| Quick Ratio | 0.50 | 0.20 | 0.76 |
| Cash Ratio | 0.00 | 0.02 | 0.00 |
| Working Capital | ₹111.77 Million | ₹ -1.16 Billion | ₹ 404.53 Million |
Eastern Silk Industries Limited - Advanced Valuation Insights
This section examines the relationship between Eastern Silk Industries Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -11.2% |
| Total Assets | ₹1.35 Billion |
| Market Capitalization | $747.77K USD |
Valuation Analysis
Below Book Valuation: The market values Eastern Silk Industries Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Eastern Silk Industries Limited's assets decreased by 11.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Eastern Silk Industries Limited (2006–2024)
The table below shows the annual total assets of Eastern Silk Industries Limited from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | ₹1.35 Billion | -11.23% |
| 2023-03-31 | ₹1.52 Billion | -7.57% |
| 2022-03-31 | ₹1.65 Billion | -5.01% |
| 2021-03-31 | ₹1.73 Billion | +0.28% |
| 2020-03-31 | ₹1.73 Billion | -14.36% |
| 2019-03-31 | ₹2.02 Billion | -4.49% |
| 2018-03-31 | ₹2.11 Billion | -14.20% |
| 2017-03-31 | ₹2.46 Billion | -28.72% |
| 2016-03-31 | ₹3.45 Billion | -21.10% |
| 2015-03-31 | ₹4.38 Billion | -13.42% |
| 2014-03-31 | ₹5.06 Billion | -18.38% |
| 2013-03-31 | ₹6.19 Billion | -12.06% |
| 2012-03-31 | ₹7.04 Billion | +4.28% |
| 2011-03-31 | ₹6.76 Billion | -3.75% |
| 2010-03-31 | ₹7.02 Billion | +8.10% |
| 2009-03-31 | ₹6.49 Billion | +2.15% |
| 2008-03-31 | ₹6.36 Billion | +1.50% |
| 2007-03-31 | ₹6.26 Billion | +29.21% |
| 2006-03-31 | ₹4.85 Billion | -- |