Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. (AHGAZ) - Net Assets
Based on the latest financial reports, Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. (AHGAZ) has net assets worth TL35.82 Billion TRY (≈ $802.38 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL72.76 Billion ≈ $1.63 Billion USD) and total liabilities (TL36.93 Billion ≈ $827.20 Million 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 asset resilience ratio of Ahlatci Dogal Gaz Dagitim Enerji ve Yati to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL35.82 Billion |
| % of Total Assets | 49.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. - Net Assets Trend (2020–2023)
This chart illustrates how Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.'s net assets have evolved over time, based on quarterly financial data. Also explore AHGAZ asset base for the complete picture of this company's asset base.
Annual Net Assets for Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. (2020–2023)
The table below shows the annual net assets of Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. from 2020 to 2023. For live valuation and market cap data, see Ahlatci Dogal Gaz Dagitim Enerji ve Yati market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL24.75 Billion ≈ $554.25 Million |
+70.30% |
| 2022-12-31 | TL14.53 Billion ≈ $325.45 Million |
+4322.58% |
| 2021-12-31 | TL-344.12 Million ≈ $-7.71 Million |
+31.21% |
| 2020-12-31 | TL-500.25 Million ≈ $-11.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.'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 525319213500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.60 Billion | 28.23% |
| Other Components | TL11.71 Billion | 71.77% |
| Total Equity | TL16.31 Billion | 100.00% |
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. Competitors by Market Cap
The table below lists competitors of Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Environment Group Co Ltd
SHG:601200
|
$1.60 Billion |
|
Beijing Urban Construction Investment & Development Co Ltd
SHG:600266
|
$1.60 Billion |
|
Interface Inc
NASDAQ:TILE
|
$1.60 Billion |
|
BlackRock Science and Technology Trust II
NYSE:BSTZ
|
$1.60 Billion |
|
Pfeiffer Vacuum Technology AG
F:PFV
|
$1.60 Billion |
|
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd
SHE:002839
|
$1.60 Billion |
|
AKSO HEALTH GR. (SPADR)/3
F:8HX
|
$1.60 Billion |
|
Jihua Group Corp Ltd
SHG:601718
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,420,023,198 to 16,310,730,120, a change of 3,890,706,922 (31.3%).
- Net income of 3,101,599,425 contributed positively to equity growth.
- Share repurchases of 299,288,208 reduced equity.
- New share issuances of 300,889,339 increased equity.
- Other factors increased equity by 787,506,366.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL3.10 Billion | +19.02% |
| Share Repurchases | TL299.29 Million | -1.83% |
| Share Issuances | TL300.89 Million | +1.84% |
| Other Changes | TL787.51 Million | +4.83% |
| Total Change | TL- | 31.33% |
Book Value vs Market Value Analysis
This analysis compares Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.'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: 4.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL-0.18 | TL28.04 | x |
| 2021-12-31 | TL-0.13 | TL28.04 | x |
| 2022-12-31 | TL4.78 | TL28.04 | x |
| 2023-12-31 | TL6.27 | TL28.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. 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): 19.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.47%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.63x
- Recent ROE (19.02%) is above the historical average (9.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.43% | 1.22x | 0.00x | TL58.38 Million |
| 2021 | 0.00% | 3.53% | 1.04x | 0.00x | TL163.85 Million |
| 2022 | 20.96% | 11.09% | 0.79x | 2.38x | TL1.36 Billion |
| 2023 | 19.02% | 15.47% | 0.47x | 2.63x | TL1.47 Billion |
Industry Comparison
This section compares Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.'s net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $35,973,814,592
- Average return on equity (ROE) among peers: 18.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. (AHGAZ) | TL35.82 Billion | 0.00% | 1.03x | $1.60 Billion |
| Aygaz AS (AYGAZ) | $69.58 Billion | 7.18% | 0.18x | $1.41 Billion |
| Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (BASGZ) | $2.37 Billion | 30.25% | 2.00x | $760.71 Million |
About Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. engages in the wholesale, retail distribution, and sale of natural gas in Turkey. It also provides operational and consultancy services, as well as banking and finance service. The company was founded in 2004 and is headquartered in Istanbul, Turkey. Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. operates as a subsidiary of Ahlatci Holding A.S.