Akenerji Elektrik Uretim AS
Akenerji Elektrik Üretim A.S., together with its subsidiaries, engages in the generation, transmission, and trading of electricity in Turkey. The company operates hydroelectric, wind, and natural gas combined cycle power plants with a total installed capacity of 1224 megawatts. It is also involved in the natural gas trading business. Akenerji Elektrik Üretim A.S. was incorporated in 1989 and is h… Read more
Akenerji Elektrik Uretim AS (AKENR) - Net Assets
Latest net assets as of September 2025: TL16.23 Billion TRY
Based on the latest financial reports, Akenerji Elektrik Uretim AS (AKENR) has net assets worth TL16.23 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL40.96 Billion) and total liabilities (TL24.73 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 | TL16.23 Billion |
| % of Total Assets | 39.62% |
| Annual Growth Rate | -39.64% |
| 5-Year Change | N/A |
| 10-Year Change | 734.55% |
| Growth Volatility | 95.67 |
Akenerji Elektrik Uretim AS - Net Assets Trend (2003–2024)
This chart illustrates how Akenerji Elektrik Uretim AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Akenerji Elektrik Uretim AS (2003–2024)
The table below shows the annual net assets of Akenerji Elektrik Uretim AS from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL13.65 Billion | -0.98% |
| 2023-12-31 | TL13.78 Billion | +140.62% |
| 2022-12-31 | TL5.73 Billion | +262.90% |
| 2021-12-31 | TL1.58 Billion | +1327.10% |
| 2020-12-31 | TL-128.61 Million | -113.38% |
| 2019-12-31 | TL961.17 Million | +108.69% |
| 2018-12-31 | TL460.56 Million | -74.46% |
| 2017-12-31 | TL1.80 Billion | +63.93% |
| 2016-12-31 | TL1.10 Billion | -32.72% |
| 2015-12-31 | TL1.64 Billion | +221.81% |
| 2014-12-31 | TL508.09 Million | -38.64% |
| 2013-12-31 | TL828.03 Million | -12.33% |
| 2012-12-31 | TL944.43 Million | +80.04% |
| 2011-12-31 | TL524.58 Million | -31.40% |
| 2010-12-31 | TL764.73 Million | +6.38% |
| 2009-12-31 | TL718.85 Million | +50.01% |
| 2008-12-31 | TL479.21 Million | +23.09% |
| 2007-12-31 | TL389.32 Million | -9.38% |
| 2006-12-31 | TL429.62 Million | -12.21% |
| 2005-12-31 | TL489.36 Million | -19.62% |
| 2004-12-31 | TL608.83 Million | -100.00% |
| 2003-12-31 | TL549.57 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Akenerji Elektrik Uretim AS'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 74031400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL14.39 Billion | 105.43% |
| Total Equity | TL13.65 Billion | 100.00% |
Akenerji Elektrik Uretim AS Competitors by Market Cap
The table below lists competitors of Akenerji Elektrik Uretim AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SynAct Pharma AB
ST:SYNACT
|
$50.48 Million |
|
Kyungbangco.Ltd
KO:000050
|
$50.48 Million |
|
Gabriel Holding A/S
F:1GH
|
$50.48 Million |
|
RESEARCH SOLUTIONS DL-001
F:61I
|
$50.51 Million |
|
Namyong Terminal PCL
BK:NYT
|
$50.46 Million |
|
Velan Inc
PINK:VLNSF
|
$50.46 Million |
|
Minaurum Gold Inc
OTCQX:MMRGF
|
$50.45 Million |
|
First Hotel Co Ltd
TW:2706
|
$50.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akenerji Elektrik Uretim AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,781,217,898 to 13,645,885,000, a change of -135,332,898 (-1.0%).
- Net loss of 3,297,738,000 reduced equity.
- Other factors increased equity by 3,162,405,102.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-3.30 Billion | -24.17% |
| Other Changes | TL3.16 Billion | +23.17% |
| Total Change | TL- | -0.98% |
Book Value vs Market Value Analysis
This analysis compares Akenerji Elektrik Uretim AS'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: 0.52x
- 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 3.93x to 0.52x 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 | TL2.47 | TL9.71 | x |
| 2018-12-31 | TL0.63 | TL9.71 | x |
| 2019-12-31 | TL1.32 | TL9.71 | x |
| 2020-12-31 | TL-0.18 | TL9.71 | x |
| 2021-12-31 | TL2.16 | TL9.71 | x |
| 2022-12-31 | TL7.85 | TL9.71 | x |
| 2023-12-31 | TL18.90 | TL9.71 | x |
| 2024-12-31 | TL18.71 | TL9.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akenerji Elektrik Uretim AS 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): -24.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.94%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.55x
- Recent ROE (-24.17%) is above the historical average (-47.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.20% | 1.83% | 0.56x | 1.17x | TL-48.29 Trillion |
| 2008 | 18.62% | 14.65% | 0.71x | 1.80x | TL41.17 Million |
| 2009 | 3.38% | 5.23% | 0.31x | 2.09x | TL-47.40 Million |
| 2012 | 8.39% | 9.85% | 0.28x | 3.00x | TL-15.13 Million |
| 2014 | -63.23% | -28.56% | 0.35x | 6.38x | TL-372.06 Million |
| 2015 | -21.47% | -19.47% | 0.34x | 3.26x | TL-514.52 Million |
| 2016 | -49.87% | -38.62% | 0.28x | 4.59x | TL-658.69 Million |
| 2017 | -28.00% | -27.22% | 0.32x | 3.21x | TL-685.40 Million |
| 2018 | -337.93% | -70.24% | 0.39x | 12.39x | TL-1.60 Billion |
| 2019 | -77.06% | -40.62% | 0.27x | 7.15x | TL-836.79 Million |
| 2020 | 0.00% | -49.59% | 0.32x | 0.00x | TL-1.07 Billion |
| 2021 | -160.33% | -64.58% | 0.30x | 8.31x | TL-2.69 Billion |
| 2022 | -27.42% | -9.21% | 0.75x | 3.94x | TL-2.14 Billion |
| 2023 | 52.80% | 21.29% | 1.07x | 2.32x | TL5.90 Billion |
| 2024 | -24.17% | -12.94% | 0.73x | 2.55x | TL-4.66 Billion |
Industry Comparison
This section compares Akenerji Elektrik Uretim AS's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $3,723,985,500
- Average return on equity (ROE) among peers: 40.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akenerji Elektrik Uretim AS (AKENR) | TL16.23 Billion | 1.20% | 1.52x | $50.47 Million |
| Enerjisa Enerji AS (ENJSA) | $7.15 Billion | 15.21% | 2.45x | $3.45 Billion |
| ODAS Elektrik Uretim Sanayi Ticaret AS (ODAS) | $294.67 Million | 65.43% | 1.08x | $180.62 Million |