PT Asiaplast Industries Tbk

Jakarta Stock Exchange APLI.JK

PT Asiaplast Industries Tbk Debt to Equity Ratio for the year ending December 31, 2023: 0.27

PT Asiaplast Industries Tbk Debt to Equity Ratio is 0.27 for the year ending December 31, 2023, a 12.17% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

PT Asiaplast Industries Tbk Debt to Equity Ratio for the year ending December 31, 2022 was 0.24, a -15.99% change year over year.
PT Asiaplast Industries Tbk Debt to Equity Ratio for the year ending December 31, 2021 was 0.28, a -18.64% change year over year.
PT Asiaplast Industries Tbk Debt to Equity Ratio for the year ending December 31, 2020 was 0.35, a -1.39% change year over year.
PT Asiaplast Industries Tbk Debt to Equity Ratio for the year ending December 31, 2019 was 0.35, a -44.16% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Jakarta Stock Exchange: APLI.JK

PT Asiaplast Industries Tbk

CEO	Mr. Wilson Agung Pranoto
IPO Date	Aug. 18, 2000
Location	Indonesia
Headquarters	Jalan K.H. E.Z. Muttaqien No. 94
Employees	182
Sector	Materials
Industries Plastics Consumer Packaged Goods Paper & Forest Products

Description

PT Asiaplast Industries Tbk manufactures and sells plastic sheets in Indonesia and internationally. The company operates through Plastic and Electronics segments. The company offers flexible films and sheets for use in office equipment, overlay furniture and home appliances, promotion media, raincoats, packaging products, etc.; leatherette for use in fashion products, automotive interior, furniture, tents, etc.; and rigid films and sheets for use in pharmaceutical grade blisters, food grade packaging products, boxes and window boxes, thermoform packaging products, etc. It also provides polyethylene terephthalate sheets for use in drinking cups and lids, food packaging, cosmetic trays and window boxes, electronic packagings and semi conductor trays, automotive spare part packagings, pharmaceutical blisters, etc.; and thermoforming products. PT Asiaplast Industries Tbk was formerly known as PT Akasa Pandukarya. The company was incorporated in 1992 and is headquartered in Tangerang, Indonesia. PT Asiaplast Industries Tbk is a subsidiary of PT Maco Amangraha.

Key trends

Past 5 years