Akenerji Elektrik Uretim AS (AKENR) - Net Assets

Latest as of September 2025: TL16.23 Billion TRY ≈ $363.46 Million USD

Based on the latest financial reports, Akenerji Elektrik Uretim AS (AKENR) has net assets worth TL16.23 Billion TRY (≈ $363.46 Million USD) 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 ≈ $917.33 Million USD) and total liabilities (TL24.73 Billion ≈ $553.87 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 Akenerji Elektrik Uretim AS liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore AKENR asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Akenerji Elektrik Uretim AS market cap and net worth.

Year	Net Assets	Change
2024-12-31	TL13.65 Billion ≈ $305.63 Million	-0.98%
2023-12-31	TL13.78 Billion ≈ $308.66 Million	+140.62%
2022-12-31	TL5.73 Billion ≈ $128.28 Million	+262.90%
2021-12-31	TL1.58 Billion ≈ $35.35 Million	+1327.10%
2020-12-31	TL-128.61 Million ≈ $-2.88 Million	-113.38%
2019-12-31	TL961.17 Million ≈ $21.53 Million	+108.69%
2018-12-31	TL460.56 Million ≈ $10.32 Million	-74.46%
2017-12-31	TL1.80 Billion ≈ $40.39 Million	+63.93%
2016-12-31	TL1.10 Billion ≈ $24.64 Million	-32.72%
2015-12-31	TL1.64 Billion ≈ $36.62 Million	+221.81%
2014-12-31	TL508.09 Million ≈ $11.38 Million	-38.64%
2013-12-31	TL828.03 Million ≈ $18.55 Million	-12.33%
2012-12-31	TL944.43 Million ≈ $21.15 Million	+80.04%
2011-12-31	TL524.58 Million ≈ $11.75 Million	-31.40%
2010-12-31	TL764.73 Million ≈ $17.13 Million	+6.38%
2009-12-31	TL718.85 Million ≈ $16.10 Million	+50.01%
2008-12-31	TL479.21 Million ≈ $10.73 Million	+23.09%
2007-12-31	TL389.32 Million ≈ $8.72 Million	-9.38%
2006-12-31	TL429.62 Million ≈ $9.62 Million	-12.21%
2005-12-31	TL489.36 Million ≈ $10.96 Million	-19.62%
2004-12-31	TL608.83 Million ≈ $13.64 Million	-100.00%
2003-12-31	TL549.57 Trillion ≈ $12.31 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
Ferro S.A. WAR:FRO	$169.54 Million
Phoenix Asia Holdings Limited Ordinary Shares NASDAQ:PHOE	$169.56 Million
Elixir Energy Ltd AU:EXR	$169.64 Million
Energy Services Of America Corp NASDAQ:ESOA	$169.67 Million
ABOV Semiconductor Co. Ltd KQ:102120	$169.52 Million
Metsa Board Oyj A HE:METSA	$169.50 Million
Amogreentech Co.Ltd KQ:125210	$169.37 Million
DongWon Development Co.Ltd KQ:013120	$169.36 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: 0.55x
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 4.20x to 0.55x 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	TL10.38	x
2018-12-31	TL0.63	TL10.38	x
2019-12-31	TL1.32	TL10.38	x
2020-12-31	TL-0.18	TL10.38	x
2021-12-31	TL2.16	TL10.38	x
2022-12-31	TL7.85	TL10.38	x
2023-12-31	TL18.90	TL10.38	x
2024-12-31	TL18.71	TL10.38	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: $4,374,263,500
Average return on equity (ROE) among peers: 2.99%

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	$169.52 Million
Enerjisa Enerji AS (ENJSA)	$8.43 Billion	-1.98%	1.87x	$3.11 Billion
ODAS Elektrik Uretim Sanayi Ticaret AS (ODAS)	$320.27 Million	7.96%	1.19x	$238.31 Million

About Akenerji Elektrik Uretim AS

IS:AKENR Turkey Utilities - Regulated Electric

Market Cap

$169.52 Million

TL7.57 Billion TRY

Market Cap Rank

#17179 Global

#225 in Turkey

Share Price

TL10.38

Change (1 day)

+2.98%

52-Week Range

TL9.18 - TL13.51

All Time High

TL27.66