JSC Halyk bank
Halyk Bank of Kazakhstan Joint Stock Company, together with its subsidiaries, provides corporate and retail banking services primarily in the Republic of Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan. It operates through four segments: Corporate Banking, SME Banking, Retail Banking, and Investment Banking. The company's products and services include current and correspondent accounts; various d… Read more
JSC Halyk bank (H4L1) - Net Assets
Latest net assets as of September 2025: €3.27 Trillion EUR
Based on the latest financial reports, JSC Halyk bank (H4L1) has net assets worth €3.27 Trillion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.41 Trillion) and total liabilities (€17.14 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 | €3.27 Trillion |
| % of Total Assets | 16.01% |
| Annual Growth Rate | 20.56% |
| 5-Year Change | 105.46% |
| 10-Year Change | 478.96% |
| Growth Volatility | 9.1 |
JSC Halyk bank - Net Assets Trend (2013–2024)
This chart illustrates how JSC Halyk bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JSC Halyk bank (2013–2024)
The table below shows the annual net assets of JSC Halyk bank from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.07 Trillion | +23.86% |
| 2023-12-31 | €2.48 Trillion | +29.60% |
| 2022-12-31 | €1.91 Trillion | +21.46% |
| 2021-12-31 | €1.57 Trillion | +5.38% |
| 2020-12-31 | €1.49 Trillion | +14.23% |
| 2019-12-31 | €1.31 Trillion | +22.67% |
| 2018-12-31 | €1.07 Trillion | +14.04% |
| 2017-12-31 | €934.46 Billion | +40.39% |
| 2016-12-31 | €665.59 Billion | +25.60% |
| 2015-12-31 | €529.93 Billion | +11.51% |
| 2014-12-31 | €475.22 Billion | +21.17% |
| 2013-12-31 | €392.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JSC Halyk bank'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 909.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.10 Trillion | 101.17% |
| Total Equity | €3.07 Trillion | 100.00% |
JSC Halyk bank Competitors by Market Cap
The table below lists competitors of JSC Halyk bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smartsheet Inc
NYSE:SMAR
|
$7.74 Billion |
|
Singapore Technologies Engineering Ltd
PINK:SGGKF
|
$7.74 Billion |
|
WISE PLC LS -01
F:6WS
|
$7.74 Billion |
|
Oklo Inc.
NYSE:OKLO
|
$7.74 Billion |
|
Yamaha Motor Co. Ltd
PINK:YMHAY
|
$7.72 Billion |
|
Beacon Roofing Supply Inc
NASDAQ:BECN
|
$7.71 Billion |
|
FactSet Research Systems Inc
NYSE:FDS
|
$7.69 Billion |
|
ConAgra Foods Inc
NYSE:CAG
|
$7.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JSC Halyk bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,476,944,000,000 to 3,068,037,000,000, a change of 591,093,000,000 (23.9%).
- Net income of 920,988,000,000 contributed positively to equity growth.
- Dividend payments of 308,595,000,000 reduced retained earnings.
- Share repurchases of 6,544,000,000 reduced equity.
- New share issuances of 1,535,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €920.99 Billion | +30.02% |
| Dividends Paid | €308.60 Billion | -10.06% |
| Share Repurchases | €6.54 Billion | -0.21% |
| Share Issuances | €1.53 Billion | +0.05% |
| Other Changes | €-16.29 Billion | -0.53% |
| Total Change | €- | 23.86% |
Book Value vs Market Value Analysis
This analysis compares JSC Halyk bank'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: 0.10x
- 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 0.34x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €78.41 | €27.00 | x |
| 2018-12-31 | €91.24 | €27.00 | x |
| 2019-12-31 | €112.14 | €27.00 | x |
| 2020-12-31 | €127.80 | €27.00 | x |
| 2021-12-31 | €144.42 | €27.00 | x |
| 2022-12-31 | €175.60 | €27.00 | x |
| 2023-12-31 | €227.20 | €27.00 | x |
| 2024-12-31 | €281.99 | €27.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JSC Halyk bank 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): 30.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.06%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 6.05x
- Recent ROE (30.02%) is above the historical average (24.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.44% | 45.81% | 0.06x | 6.41x | €33.01 Billion |
| 2014 | 24.07% | 52.84% | 0.08x | 5.91x | €66.85 Billion |
| 2015 | 22.70% | 51.74% | 0.05x | 8.41x | €67.32 Billion |
| 2016 | 19.74% | 47.22% | 0.05x | 8.04x | €64.85 Billion |
| 2017 | 20.11% | 42.21% | 0.05x | 10.28x | €87.16 Billion |
| 2018 | 23.86% | 45.11% | 0.06x | 8.41x | €147.67 Billion |
| 2019 | 25.59% | 53.06% | 0.07x | 7.06x | €203.79 Billion |
| 2020 | 23.62% | 57.07% | 0.06x | 6.96x | €203.33 Billion |
| 2021 | 29.38% | 58.42% | 0.07x | 7.68x | €305.02 Billion |
| 2022 | 28.97% | 49.92% | 0.08x | 7.49x | €362.63 Billion |
| 2023 | 28.00% | 60.07% | 0.07x | 6.26x | €445.74 Billion |
| 2024 | 30.02% | 60.06% | 0.08x | 6.05x | €614.18 Billion |
Industry Comparison
This section compares JSC Halyk bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $2,151,195,313,100
- Average return on equity (ROE) among peers: 3.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JSC Halyk bank (H4L1) | €3.27 Trillion | 18.44% | 5.25x | $7.73 Billion |
| PT Bank Sinarmas Tbk (08S) | $6.07 Trillion | 0.11% | 5.02x | $303.68 Million |
| Seven Bank Ltd (0S7) | $275.85 Billion | 11.59% | 5.23x | $648.12 Million |
| Aktia Pankki Oyj (2A41) | $666.83 Million | 6.39% | 14.86x | $486.03 Million |
| Manx Financial Group PLC (3IM) | $24.98 Million | 11.18% | 11.36x | $13.98 Million |
| TowneBank (3T8) | $1.14 Billion | 7.67% | 6.46x | $2.10 Billion |
| TISCO Financial Group PCL (47T) | $42.45 Billion | 17.20% | 5.85x | $2.09 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $44.90 Billion | 9.50% | 14.37x | $867.69 Million |
| Fukuoka Financial Group Inc (4FK) | $853.06 Billion | 12.97% | 28.39x | $6.27 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $14.11 Trillion | -42.76% | 4.97x | $15.54 Million |
| FIDEA Holdings Co. Ltd (5F9) | $109.23 Billion | 3.21% | 28.89x | $177.57 Million |