Akfen Yenilenebilir Enerji A.S. Net Assets
Akfen Yenilenebilir Enerji A.S. net assets. Based on the latest financial reports, Akfen Yenilenebilir Enerji A.S. (AKFYE) has net assets worth TL30.42 Billion TRY (≈ $681.23 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 (TL47.25 Billion ≈ $1.06 Billion USD) and total liabilities (TL16.84 Billion ≈ $377.16 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. Also explore net asset growth rate of Akfen Yenilenebilir Enerji A.S. to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Akfen Yenilenebilir Enerji A.S. (2020–2023)
Net assets of Akfen Yenilenebilir Enerji A.S. from 2020 to 2023. This chart illustrates how Akfen Yenilenebilir Enerji A.S.'s net assets have evolved over time, based on quarterly financial data. See Akfen Yenilenebilir Enerji A.S. (AKFYE) net asset quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see Akfen Yenilenebilir Enerji A.S. (AKFYE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL20.43 Billion ≈ $457.63 Million |
+33.89% |
| 2022-12-31 | TL15.26 Billion ≈ $341.81 Million |
+177.67% |
| 2021-12-31 | TL5.50 Billion ≈ $123.10 Million |
+99.09% |
| 2020-12-31 | TL2.76 Billion ≈ $61.83 Million |
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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.
Akfen Yenilenebilir Enerji A.S. Net Assets Breakdown (December 2023)
Akfen Yenilenebilir Enerji A.S. net assets breakdown by equity component as of 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 |
|---|---|
|
Cheer Time Enterprise Co Ltd
TW:3229
|
$86.86 Million |
|
Equillium Inc
NASDAQ:EQ
|
$86.87 Million |
|
Sand Nisko Capital Bhd
KLSE:7943
|
$86.87 Million |
|
Stella Holdings Bhd
KLSE:5006
|
$86.87 Million |
|
Jaeyoung Solutec Co. Ltd
KQ:049630
|
$86.77 Million |
|
Insumos Agroquimicos SA
BA:INAG
|
$86.74 Million |
|
Arla Plast AB
ST:ARPL
|
$86.70 Million |
|
Fairchem Organics Limited
NSE:FAIRCHEMOR
|
$86.66 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: 0.16x
- 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 1.20x to 0.16x 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 | TL3.27 | x |
| 2021-12-31 | TL5.39 | TL3.27 | x |
| 2022-12-31 | TL14.96 | TL3.27 | x |
| 2023-12-31 | TL20.06 | TL3.27 | 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: $3,981,860,356,562
- Average return on equity (ROE) among peers: 7.56%
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 | $86.79 Million |
| Aksu Enerji ve Ticaret AS (AKSUE) | $25.80 Million | 0.00% | 0.08x | $14.78 Million |
| Aydem Yenilenebilir Enerji AS (AYDEM) | $28.62 Billion | -6.46% | 0.94x | $325.91 Million |
| Ayen Enerji AS (AYEN) | $35.79 Trillion | 0.00% | 2.28x | $141.96 Million |
| Biotrend Cevre ve Enerji Yatirimlari AS (BIOEN) | $2.85 Billion | 48.01% | 1.34x | $116.47 Million |
| Consus Enerji Isletmeciligi ve Hizmetleri AS (CONSE) | $1.83 Billion | 8.31% | 1.25x | $21.93 Million |
| Esenboga Elektrik Uretim AS (ESEN) | $11.74 Billion | -0.59% | 0.46x | $74.19 Million |
| Galata Wind Enerji Anonim Sirket (GWIND) | $780.88 Million | 8.23% | 0.64x | $198.47 Million |
| Hun Yenilenebilir Enerji Uretim AS (HUNER) | $376.03 Million | 1.18% | 2.02x | $84.89 Million |
| Kartal Yenilenebilir Enerji Uretim AS (KARYE) | $2.54 Billion | 9.32% | 0.34x | $33.43 Million |
About 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