D-MARKET E.S.+T.SP.ADR/1B (8WZ) - Net Assets
Based on the latest financial reports, D-MARKET E.S.+T.SP.ADR/1B (8WZ) has net assets worth €862.22 Million EUR (≈ $1.01 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€32.79 Billion ≈ $38.33 Billion USD) and total liabilities (€31.93 Billion ≈ $37.33 Billion 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. Check D-MARKET E.S.+T.SP.ADR/1B asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €862.22 Million |
| % of Total Assets | 2.63% |
| Annual Growth Rate | -11.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 33.88 |
D-MARKET E.S.+T.SP.ADR/1B - Net Assets Trend (2021–2024)
This chart illustrates how D-MARKET E.S.+T.SP.ADR/1B's net assets have evolved over time, based on quarterly financial data. Also explore 8WZ current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for D-MARKET E.S.+T.SP.ADR/1B (2021–2024)
The table below shows the annual net assets of D-MARKET E.S.+T.SP.ADR/1B from 2021 to 2024. For live valuation and market cap data, see market cap of D-MARKET E.S.+T.SP.ADR/1B.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.32 Billion ≈ $3.88 Billion |
-30.35% |
| 2023-12-31 | €4.77 Billion ≈ $5.57 Billion |
+41.68% |
| 2022-12-31 | €3.37 Billion ≈ $3.93 Billion |
-30.05% |
| 2021-12-31 | €4.81 Billion ≈ $5.63 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to D-MARKET E.S.+T.SP.ADR/1B'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 decreased by 1742825900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €22.49 Billion | 677.00% |
| Total Equity | €3.32 Billion | 100.00% |
D-MARKET E.S.+T.SP.ADR/1B Competitors by Market Cap
The table below lists competitors of D-MARKET E.S.+T.SP.ADR/1B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427
|
$834.92 Million |
|
Sung Kwang Bend Co.Ltd
KQ:014620
|
$835.09 Million |
|
Jutze Intelligent Technology Co Ltd
SHE:300802
|
$835.13 Million |
|
Hangzhou Jiebai Group Co Ltd
SHG:600814
|
$835.78 Million |
|
Beijing Electronic Zone Investment and Development Group Co Ltd
SHG:600658
|
$834.79 Million |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
$834.77 Million |
|
Bassac
PA:BASS
|
$834.62 Million |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$834.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D-MARKET E.S.+T.SP.ADR/1B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,768,513,000 to 3,321,480,000, a change of -1,447,033,000 (-30.3%).
- Net loss of 1,604,907,000 reduced equity.
- Other factors increased equity by 157,874,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.60 Billion | -48.32% |
| Other Changes | €157.87 Million | +4.75% |
| Total Change | €- | -30.35% |
Book Value vs Market Value Analysis
This analysis compares D-MARKET E.S.+T.SP.ADR/1B'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: 0.23x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €14.76 | €2.36 | x |
| 2022-12-31 | €10.32 | €2.36 | x |
| 2023-12-31 | €14.63 | €2.36 | x |
| 2024-12-31 | €10.19 | €2.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D-MARKET E.S.+T.SP.ADR/1B 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): -48.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.81%
- • Asset Turnover: 2.18x
- • Equity Multiplier: 7.87x
- Recent ROE (-48.32%) is above the historical average (-80.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -69.20% | -13.43% | 1.85x | 2.78x | €-3.81 Billion |
| 2022 | -205.50% | -18.09% | 2.30x | 4.93x | €-7.25 Billion |
| 2023 | 2.29% | 0.21% | 2.02x | 5.32x | €-367.80 Million |
| 2024 | -48.32% | -2.81% | 2.18x | 7.87x | €-1.94 Billion |
Industry Comparison
This section compares D-MARKET E.S.+T.SP.ADR/1B's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $93,348,758,676
- Average return on equity (ROE) among peers: -9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| D-MARKET E.S.+T.SP.ADR/1B (8WZ) | €862.22 Million | -69.20% | 37.03x | $834.81 Million |
| JD.com Inc Adr (013A) | $313.30 Billion | 13.20% | 1.23x | $34.07 Billion |
| JD.com Inc. (013C) | $246.78 Billion | -1.44% | 1.01x | $38.44 Billion |
| Vipshop Holdings Limited (1VPA) | $22.25 Billion | 18.05% | 1.18x | $5.78 Billion |
| Baozun Inc (2BZA) | $5.78 Billion | -3.20% | 0.77x | $124.11 Million |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $7.84 Million | -16.31% | 1.07x | $6.29 Million |
| MERCARI INC. UNSP.ADR/1/2 (6TP0) | $99.64 Billion | 26.21% | 4.46x | $3.35 Billion |
| Coupang Inc. (788) | $2.18 Billion | -70.91% | 2.97x | $33.56 Billion |
| MEITUAN UNSP.ADR/2B (9MDA) | $125.56 Billion | -18.75% | 0.92x | $58.22 Billion |
| Pinduoduo Inc (9PDA) | $24.65 Billion | -28.27% | 2.09x | $124.36 Billion |
About D-MARKET E.S.+T.SP.ADR/1B
D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc. It also operates Hepsiburada Market, an app-in-app initiative and on-demand delivery service; HepsiJet that provides … Read more