KZTA
Kazakhtelecom JSC, together with its subsidiaries, provides telecommunication services to individuals and businesses in the Republic of Kazakhstan. The company offers local, long-distance intercity, and international telecommunication services, including CIS and non-CIS countries; leases out lines and provides data transfer services; and sells mobile devices, as well as offers other telecommunica… Read more
KZTA (KZTA) - Net Assets
Latest net assets as of September 2025: €720.07 Billion EUR
Based on the latest financial reports, KZTA (KZTA) has net assets worth €720.07 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.34 Trillion) and total liabilities (€619.39 Billion). 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 | €720.07 Billion |
| % of Total Assets | 53.76% |
| Annual Growth Rate | 9.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.88 |
KZTA - Net Assets Trend (2021–2024)
This chart illustrates how KZTA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KZTA (2021–2024)
The table below shows the annual net assets of KZTA from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €854.85 Billion | +6.37% |
| 2023-12-31 | €803.66 Billion | +10.00% |
| 2022-12-31 | €730.61 Billion | +13.42% |
| 2021-12-31 | €644.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KZTA'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 31.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €751.13 Billion | 99.09% |
| Other Components | €6.88 Billion | 0.91% |
| Total Equity | €758.01 Billion | 100.00% |
KZTA Competitors by Market Cap
The table below lists competitors of KZTA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cohen Dev
TA:CDEV
|
$4.10 Million |
|
INNO-GENE SA ZY -10
F:WQ3
|
$4.10 Million |
|
DARI COUSPATE
BC:DARI-COUSPATE
|
$4.10 Million |
|
Metro Healthcare Berhad
KLSE:0329
|
$4.10 Million |
|
Integrated Logistics Bhd
KLSE:5614
|
$4.09 Million |
|
PT Bersama Mencapai Puncak Tbk
JK:BAIK
|
$4.09 Million |
|
Marwest Apartment Real Estate Investment Trust
V:MAR-UN
|
$4.09 Million |
|
Promino Nutritional Sciences Inc
PINK:MUSLF
|
$4.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KZTA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 709,872,757,000 to 758,010,550,000, a change of 48,137,793,000 (6.8%).
- Net income of 74,185,051,000 contributed positively to equity growth.
- Dividend payments of 23,069,640,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €74.19 Billion | +9.79% |
| Dividends Paid | €23.07 Billion | -3.04% |
| Other Changes | €-2.98 Billion | -0.39% |
| Total Change | €- | 6.78% |
Book Value vs Market Value Analysis
This analysis compares KZTA'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: 0.00x
- 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 | €53835.03 | €2.92 | x |
| 2022-12-31 | €58897.38 | €2.92 | x |
| 2023-12-31 | €64505.69 | €2.92 | x |
| 2024-12-31 | €68879.94 | €2.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KZTA 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): 9.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.41%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.17x
- Recent ROE (9.79%) is below the historical average (14.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 15.75% | 15.61% | 0.47x | 2.14x | €33.12 Billion |
| 2022 | 17.61% | 18.35% | 0.48x | 1.99x | €49.30 Billion |
| 2023 | 13.11% | 20.33% | 0.31x | 2.09x | €22.08 Billion |
| 2024 | 9.79% | 15.41% | 0.29x | 2.17x | €-1.62 Billion |
Industry Comparison
This section compares KZTA's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $6,629,200,192
- Average return on equity (ROE) among peers: -29.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KZTA (KZTA) | €720.07 Billion | 15.75% | 0.86x | $4.09 Million |
| Tower One Wireless Corp (1P3N) | $2.41 Million | -396.85% | 1.20x | $1.64 Million |
| 1&1 AG (1U1) | $233.67 Million | 0.00% | 0.65x | $515.31 Million |
| Bahnhof AB (publ) (3B7) | $468.65 Million | 32.08% | 1.27x | $113.53 Million |
| Liberty Global Ltd. (3O41) | $25.60 Billion | 52.45% | 0.83x | $2.82 Billion |
| Hutchison Telecommunications Hong Kong Holdings Limited (4C6) | $11.96 Billion | 3.59% | 0.21x | $224.90 Million |
| 53N (53N) | $784.29 Million | 10.78% | 3.30x | $937.43 Million |
| BLUE LABEL (5TP) | $5.11 Billion | 12.66% | 1.96x | $374.98 Million |
| Pentanet Limited (83K) | $31.16 Million | -24.29% | 0.54x | $3.44 Million |
| APT Satellite Holdings Limited (AY8) | $5.30 Billion | 9.52% | 0.38x | $137.02 Million |
| TELUS (BCZ) | $16.80 Billion | 5.91% | 2.45x | $17.77 Billion |