Aksa Enerji Uretim AS

IS:AKSEN Turkey Utilities - Independent Power Producers
Market Cap
$2.74 Billion
TL97.19 Billion TRY
Market Cap Rank
#9839 Global
#57 in Turkey
Share Price
TL79.25
Change (1 day)
+4.00%
52-Week Range
TL31.10 - TL79.25
All Time High
TL79.25
Categories
Companies in Turkey Utilities - Independent Power Producers
About

Aksa Enerji Üretim A.S., an independent power producer, produces and sells electricity in Turkey, Asia, and Africa. The company produces energy from coal, fuel oil, biogas, natural gas, wind, sun, and hydroelectricity. It also engages in construction, leasing, and operation of electricity power plants. The company was founded in 1997 and is headquartered in Istanbul, Turkey. Aksa Enerji Üretim A.… Read more

Aksa Enerji Uretim AS (AKSEN) - Net Assets

Latest net assets as of September 2025: TL58.34 Billion TRY

Based on the latest financial reports, Aksa Enerji Uretim AS (AKSEN) has net assets worth TL58.34 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 (TL116.23 Billion) and total liabilities (TL57.90 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 TL58.34 Billion
% of Total Assets 50.19%
Annual Growth Rate 38.21%
5-Year Change 862.77%
10-Year Change 5677.74%
Growth Volatility 68.66

Aksa Enerji Uretim AS - Net Assets Trend (2007–2024)

This chart illustrates how Aksa Enerji 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 Aksa Enerji Uretim AS (2007–2024)

The table below shows the annual net assets of Aksa Enerji Uretim AS from 2007 to 2024.

Year Net Assets Change
2024-12-31 TL44.53 Billion +28.57%
2023-12-31 TL34.64 Billion +82.69%
2022-12-31 TL18.96 Billion +79.12%
2021-12-31 TL10.58 Billion +128.83%
2020-12-31 TL4.63 Billion +21.12%
2019-12-31 TL3.82 Billion +110.07%
2018-12-31 TL1.82 Billion +8.61%
2017-12-31 TL1.67 Billion +241.41%
2016-12-31 TL490.26 Million -36.39%
2015-12-31 TL770.74 Million -24.60%
2014-12-31 TL1.02 Billion -4.80%
2013-12-31 TL1.07 Billion -10.76%
2012-12-31 TL1.20 Billion +50.98%
2011-12-31 TL796.97 Million -13.24%
2010-12-31 TL918.57 Million +64.48%
2009-12-31 TL558.48 Million +40.17%
2008-12-31 TL398.42 Million +119.27%
2007-12-31 TL181.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to Aksa Enerji 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 grown by 34444.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL26.42 Billion 65.01%
Other Components TL14.22 Billion 34.99%
Total Equity TL40.65 Billion 100.00%

Aksa Enerji Uretim AS Competitors by Market Cap

The table below lists competitors of Aksa Enerji Uretim AS ranked by their market capitalization.

Company Market Cap
Ålandsbanken Abp
LSE:0O2M
 		$544.67 Million
Norbit ASA
OL:NORBT
 		$544.81 Million
Bright Real Estate Group Co Ltd
SHG:600708
 		$544.82 Million
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
 		$544.84 Million
Marfrig Global Foods SA
PINK:MRRTY
 		$544.56 Million
China Camc Engineering Co Ltd
SHE:002051
 		$544.51 Million
Jiuzhitang Co Ltd
SHE:000989
 		$544.45 Million
Success Electronics Ltd
SHE:002289
 		$544.42 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aksa Enerji Uretim AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 31,729,111,501 to 40,645,796,093, a change of 8,916,684,592 (28.1%).
  • Net income of 2,007,268,539 contributed positively to equity growth.
  • Dividend payments of 1,850,073,764 reduced retained earnings.
  • Other factors increased equity by 8,759,489,817.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL2.01 Billion +4.94%
Dividends Paid TL1.85 Billion -4.55%
Other Changes TL8.76 Billion +21.55%
Total Change TL- 28.10%

Book Value vs Market Value Analysis

This analysis compares Aksa Enerji 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: 2.39x
  • 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 30.09x to 2.39x 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 TL2.63 TL79.25 x
2018-12-31 TL2.67 TL79.25 x
2019-12-31 TL5.69 TL79.25 x
2020-12-31 TL6.88 TL79.25 x
2021-12-31 TL7.87 TL79.25 x
2022-12-31 TL14.03 TL79.25 x
2023-12-31 TL25.87 TL79.25 x
2024-12-31 TL33.14 TL79.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aksa Enerji 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): 4.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.34%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 2.04x
  • Recent ROE (4.94%) is below the historical average (5.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 13.68% 11.39% 0.38x 3.13x TL6.69 Million
2008 10.87% 9.98% 0.32x 3.36x TL3.46 Million
2009 26.06% 18.50% 0.46x 3.06x TL89.67 Million
2010 7.69% 7.75% 0.39x 2.57x TL-21.20 Million
2012 18.26% 11.94% 0.65x 2.35x TL99.41 Million
2014 3.87% 2.02% 0.57x 3.38x TL-62.74 Million
2015 -27.73% -9.30% 0.57x 5.23x TL-291.86 Million
2016 -74.71% -11.58% 0.75x 8.64x TL-417.27 Million
2017 15.97% 7.17% 0.69x 3.23x TL96.44 Million
2018 1.59% 0.56% 0.73x 3.94x TL-137.52 Million
2019 9.43% 5.90% 0.66x 2.44x TL-19.86 Million
2020 11.14% 6.50% 0.76x 2.25x TL48.12 Million
2021 17.40% 12.10% 0.67x 2.14x TL714.57 Million
2022 26.51% 9.99% 1.37x 1.93x TL2.84 Billion
2023 25.01% 15.63% 0.91x 1.76x TL4.76 Billion
2024 4.94% 6.34% 0.38x 2.04x TL-2.06 Billion

Industry Comparison

This section compares Aksa Enerji Uretim AS's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

  • Industry: Utilities - Independent Power Producers
  • Average net assets among peers: $1,301,883,939
  • Average return on equity (ROE) among peers: -7.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aksa Enerji Uretim AS (AKSEN) TL58.34 Billion 13.68% 0.99x $544.58 Million
Dogu Aras Enerji Yatirimlari AS (ARASE) $441.63 Million 48.55% 2.10x $147.06 Million
Can2 Termik AS (CANTE) $4.41 Billion 48.47% 0.72x $185.94 Million
CATES ELEKTRIK (CATES) $889.92 Million -19.10% 3.33x $47.62 Million
IZDEMIR Enerji Elektrik Uretim A.S. (IZENR) $404.03 Million -79.00% 3.98x $256.11 Million
Turcas Petrol AS (TRCAS) $364.67 Million -34.00% 2.60x $136.36 Million