Akfen Yenilenebilir Enerji A.S.
Akfen Yenilenebilir Enerji A.S. engages in the production of renewable energy in Turkey. It operates a portfolio of wind and hybrid solar power plants with a total installed capacity of 423.9 megawatts; hydroelectric plants with a capacity of 228.7; and solar power plants with an installed capacity of 121.4 megawatts. The company was founded in 2007 and is based in Ankara, Turkey. Akfen Yenileneb… Read more
Akfen Yenilenebilir Enerji A.S. (AKFYE) - Net Assets
Latest net assets as of September 2024: TL30.42 Billion TRY
Based on the latest financial reports, Akfen Yenilenebilir Enerji A.S. (AKFYE) has net assets worth TL30.42 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL47.25 Billion) and total liabilities (TL16.84 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 | TL30.42 Billion |
| % of Total Assets | 64.36% |
| Annual Growth Rate | 94.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 58.79 |
Akfen Yenilenebilir Enerji A.S. - Net Assets Trend (2020–2023)
This chart illustrates how Akfen Yenilenebilir Enerji A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Akfen Yenilenebilir Enerji A.S. (2020–2023)
The table below shows the annual net assets of Akfen Yenilenebilir Enerji A.S. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL20.43 Billion | +33.89% |
| 2022-12-31 | TL15.26 Billion | +177.67% |
| 2021-12-31 | TL5.50 Billion | +99.09% |
| 2020-12-31 | TL2.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Akfen Yenilenebilir Enerji 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 1780130300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL16.36 Billion | 80.30% |
| Other Components | TL4.01 Billion | 19.70% |
| Total Equity | TL20.38 Billion | 100.00% |
Akfen Yenilenebilir Enerji A.S. Competitors by Market Cap
The table below lists competitors of Akfen Yenilenebilir Enerji A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lexicon Pharmaceuticals Inc
NASDAQ:LXRX
|
$580.60 Million |
|
Palfinger AG
PINK:PLFRF
|
$580.72 Million |
|
Sats ASA
OL:SATS
|
$580.87 Million |
|
TUHU Car Inc.
F:L83
|
$581.10 Million |
|
Dalian Dalicap Technology Co Ltd
SHE:301566
|
$580.50 Million |
|
Beijing Jingcheng Machinery Electric Co Ltd
SHG:600860
|
$580.38 Million |
|
Aoshikang Technology Co Ltd Class A
SHE:002913
|
$580.25 Million |
|
Argosy Property Limited
PINK:IGPYF
|
$580.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akfen Yenilenebilir Enerji A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,201,755,000 to 20,376,579,000, a change of 5,174,824,000 (34.0%).
- Net income of 4,553,839,000 contributed positively to equity growth.
- Other factors increased equity by 620,985,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL4.55 Billion | +22.35% |
| Other Changes | TL620.99 Million | +3.05% |
| Total Change | TL- | 34.04% |
Book Value vs Market Value Analysis
This analysis compares Akfen Yenilenebilir Enerji 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.80x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL2.72 | TL21.22 | x |
| 2021-12-31 | TL5.39 | TL21.22 | x |
| 2022-12-31 | TL14.96 | TL21.22 | x |
| 2023-12-31 | TL20.06 | TL21.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akfen Yenilenebilir Enerji 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): 22.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 104.37%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.70x
- Recent ROE (22.35%) is above the historical average (2.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -10.91% | -29.48% | 0.12x | 3.05x | TL-578.05 Million |
| 2021 | 7.45% | 31.61% | 0.09x | 2.66x | TL-139.37 Million |
| 2022 | -10.37% | -31.93% | 0.15x | 2.22x | TL-3.10 Billion |
| 2023 | 22.35% | 104.37% | 0.13x | 1.70x | TL2.52 Billion |
Industry Comparison
This section compares Akfen Yenilenebilir Enerji A.S.'s net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $5,762,809,187
- Average return on equity (ROE) among peers: 4.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akfen Yenilenebilir Enerji A.S. (AKFYE) | TL30.42 Billion | -10.91% | 0.55x | $580.51 Million |
| A1 Yenilenebilir Enerji Üretim A.S. (A1YEN) | $1.37 Billion | 8.46% | 0.52x | $30.22 Million |
| Aksu Enerji ve Ticaret AS (AKSUE) | $33.10 Million | -3.46% | 0.72x | $32.18 Million |
| Aydem Yenilenebilir Enerji AS (AYDEM) | $4.42 Billion | -12.92% | 1.32x | $90.84 Million |
| Ayen Enerji AS (AYEN) | $13.33 Billion | 5.49% | 0.53x | $32.73 Million |
| Biotrend Cevre ve Enerji Yatirimlari AS (BIOEN) | $199.99 Million | 25.24% | 3.07x | $112.68 Million |
| Consus Enerji Isletmeciligi ve Hizmetleri AS (CONSE) | $857.98 Million | 5.48% | 1.21x | $38.25 Million |
| ENDAE (ENDAE) | $2.01 Billion | 5.19% | 0.66x | $114.70 Million |
| Ic Enterra Yenilenebilir Enerji As (ENTRA) | $16.91 Billion | 7.61% | 0.66x | $388.72 Million |
| Esenboga Elektrik Uretim AS (ESEN) | $12.73 Billion | 0.86% | 0.53x | $52.33 Million |