Altinyag Kombinalari AS
Altinyag Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret A.S. produces and sells vegetable oils in Turkey. It also purchases and sells oil seeds, such as sun flower, canola, soy, linseed, camelina, safflower; produces and sells crude oil and pulp; and trades in crude, neutral, semi-refined, and refined edible vegetable oils. In addition, the company engages in the production and sale of refine… Read more
Altinyag Kombinalari AS (ALMAD) - Net Assets
Latest net assets as of December 2024: TL1.15 Billion TRY
Based on the latest financial reports, Altinyag Kombinalari AS (ALMAD) has net assets worth TL1.15 Billion TRY as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.23 Billion) and total liabilities (TL78.79 Million). 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 | TL1.15 Billion |
| % of Total Assets | 93.61% |
| Annual Growth Rate | 102.33% |
| 5-Year Change | 1267.13% |
| 10-Year Change | N/A |
| Growth Volatility | 83.87 |
Altinyag Kombinalari AS - Net Assets Trend (2017–2024)
This chart illustrates how Altinyag Kombinalari 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 Altinyag Kombinalari AS (2017–2024)
The table below shows the annual net assets of Altinyag Kombinalari AS from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.15 Billion | +8.07% |
| 2023-12-31 | TL1.07 Billion | +139.79% |
| 2022-12-31 | TL445.33 Million | +45.95% |
| 2021-12-31 | TL305.12 Million | +261.45% |
| 2020-12-31 | TL84.41 Million | +168.00% |
| 2019-12-31 | TL31.50 Million | +41.30% |
| 2018-12-31 | TL22.29 Million | +168.29% |
| 2017-12-31 | TL8.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altinyag Kombinalari 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 90435417800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL2.11 Billion | 182.91% |
| Total Equity | TL1.15 Billion | 100.00% |
Altinyag Kombinalari AS Competitors by Market Cap
The table below lists competitors of Altinyag Kombinalari AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duroc AB (publ)
ST:DURC-B
|
$45.40 Million |
|
Safe Pro Group Inc.
NASDAQ:SPAI
|
$45.42 Million |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
$45.44 Million |
|
NIP Group Inc. American Depositary Shares
NASDAQ:NIPG
|
$45.44 Million |
|
TITANIUM TRANSPORT.GROUP
F:I9V
|
$45.38 Million |
|
Khon Kaen Sugar Industry PCL
BK:KSL
|
$45.37 Million |
|
Afya Limited
SA:A2FY34
|
$45.37 Million |
|
Sinew Pharma Inc.
TWO:6634
|
$45.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altinyag Kombinalari AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,067,870,068 to 1,154,053,547, a change of 86,183,479 (8.1%).
- Net income of 14,852,470 contributed positively to equity growth.
- Other factors increased equity by 71,331,009.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL14.85 Million | +1.29% |
| Other Changes | TL71.33 Million | +6.18% |
| Total Change | TL- | 8.07% |
Book Value vs Market Value Analysis
This analysis compares Altinyag Kombinalari 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: 2.37x
- 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 123.11x to 2.37x 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 | TL0.08 | TL9.94 | x |
| 2018-12-31 | TL0.17 | TL9.94 | x |
| 2019-12-31 | TL0.25 | TL9.94 | x |
| 2020-12-31 | TL0.51 | TL9.94 | x |
| 2021-12-31 | TL1.11 | TL9.94 | x |
| 2022-12-31 | TL1.62 | TL9.94 | x |
| 2023-12-31 | TL3.88 | TL9.94 | x |
| 2024-12-31 | TL4.20 | TL9.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altinyag Kombinalari 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): 1.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.52%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.07x
- Recent ROE (1.29%) is above the historical average (-15.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -76.56% | -2.90% | 1.16x | 22.75x | TL-5.77 Million |
| 2018 | -166.90% | -13.17% | 2.36x | 5.37x | TL-35.75 Million |
| 2019 | 24.76% | 150.55% | 0.07x | 2.41x | TL4.51 Million |
| 2020 | 46.48% | 651.11% | 0.03x | 2.61x | TL22.38 Million |
| 2021 | 14.58% | 261.75% | 0.05x | 1.07x | TL13.99 Million |
| 2022 | 37.32% | 167.82% | 0.20x | 1.11x | TL121.68 Million |
| 2023 | -4.98% | -15.03% | 0.32x | 1.04x | TL-159.94 Million |
| 2024 | 1.29% | 9.52% | 0.13x | 1.07x | TL-100.55 Million |
Industry Comparison
This section compares Altinyag Kombinalari AS's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $444,847,967
- Average return on equity (ROE) among peers: -4.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altinyag Kombinalari AS (ALMAD) | TL1.15 Billion | -76.56% | 0.07x | $45.39 Million |
| Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS (PRKME) | $444.85 Million | -4.61% | 0.14x | $15.32 Million |