Aksa Enerji Uretim AS (AKSEN) - Net Assets
Based on the latest financial reports, Aksa Enerji Uretim AS (AKSEN) has net assets worth TL58.34 Billion TRY (≈ $1.31 Billion USD) 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 ≈ $2.60 Billion USD) and total liabilities (TL57.90 Billion ≈ $1.30 Billion 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 Aksa Enerji Uretim AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore AKSEN total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Aksa Enerji Uretim AS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL44.53 Billion ≈ $997.39 Million |
+28.57% |
| 2023-12-31 | TL34.64 Billion ≈ $775.75 Million |
+82.69% |
| 2022-12-31 | TL18.96 Billion ≈ $424.62 Million |
+79.12% |
| 2021-12-31 | TL10.58 Billion ≈ $237.06 Million |
+128.83% |
| 2020-12-31 | TL4.63 Billion ≈ $103.60 Million |
+21.12% |
| 2019-12-31 | TL3.82 Billion ≈ $85.53 Million |
+110.07% |
| 2018-12-31 | TL1.82 Billion ≈ $40.72 Million |
+8.61% |
| 2017-12-31 | TL1.67 Billion ≈ $37.49 Million |
+241.41% |
| 2016-12-31 | TL490.26 Million ≈ $10.98 Million |
-36.39% |
| 2015-12-31 | TL770.74 Million ≈ $17.26 Million |
-24.60% |
| 2014-12-31 | TL1.02 Billion ≈ $22.90 Million |
-4.80% |
| 2013-12-31 | TL1.07 Billion ≈ $24.05 Million |
-10.76% |
| 2012-12-31 | TL1.20 Billion ≈ $26.95 Million |
+50.98% |
| 2011-12-31 | TL796.97 Million ≈ $17.85 Million |
-13.24% |
| 2010-12-31 | TL918.57 Million ≈ $20.57 Million |
+64.48% |
| 2009-12-31 | TL558.48 Million ≈ $12.51 Million |
+40.17% |
| 2008-12-31 | TL398.42 Million ≈ $8.92 Million |
+119.27% |
| 2007-12-31 | TL181.70 Million ≈ $4.07 Million |
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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 |
|---|---|
|
HORNBACH Baumarkt AG
HM:HBM
|
$2.26 Billion |
|
Zillow Group Inc
NASDAQ:ZG
|
$2.26 Billion |
|
China Kings Resources Group Co
SHG:603505
|
$2.26 Billion |
|
Hillenbrand Inc
NYSE:HI
|
$2.26 Billion |
|
Hefei Chipmore Technology Co. Ltd. A
SHG:688352
|
$2.26 Billion |
|
Talos Energy
NYSE:TALO
|
$2.26 Billion |
|
Insight Enterprises Inc
NASDAQ:NSIT
|
$2.26 Billion |
|
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd
SHE:000552
|
$2.26 Billion |
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: 2.48x
- 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 31.21x to 2.48x 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 | TL82.20 | x |
| 2018-12-31 | TL2.67 | TL82.20 | x |
| 2019-12-31 | TL5.69 | TL82.20 | x |
| 2020-12-31 | TL6.88 | TL82.20 | x |
| 2021-12-31 | TL7.87 | TL82.20 | x |
| 2022-12-31 | TL14.03 | TL82.20 | x |
| 2023-12-31 | TL25.87 | TL82.20 | x |
| 2024-12-31 | TL33.14 | TL82.20 | 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: $10,444,233,655,658
- Average return on equity (ROE) among peers: 18.42%
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 | $2.26 Billion |
| Dogu Aras Enerji Yatirimlari AS (ARASE) | $2.11 Billion | 41.37% | 2.04x | $585.13 Million |
| Can2 Termik AS (CANTE) | $750.77 Million | -19.70% | 2.59x | $280.64 Million |
| Turcas Petrol AS (TRCAS) | $31.33 Trillion | 33.57% | 3.43x | $256.18 Million |
About Aksa Enerji Uretim AS
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