ALTINAY SAVUNMA
Altinay Savunma Teknolojileri Anonim Sirketi provides products and solutions in the fields of motion control, unmanned, stealth, weapon, ammunition destruction, and production systems. The company offers actuator, telescopic mast system, pedestal, electro-optical monitoring, test, weapon, unmanned, maritime, servo drive, and robot systems. It serves government and private sectors in Turkey and in… Read more
ALTINAY SAVUNMA (ALTNY) - Net Assets
Latest net assets as of September 2025: TL4.87 Billion TRY
Based on the latest financial reports, ALTINAY SAVUNMA (ALTNY) has net assets worth TL4.87 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 (TL9.25 Billion) and total liabilities (TL4.38 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 | TL4.87 Billion |
| % of Total Assets | 52.66% |
| Annual Growth Rate | 60.53% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.41 |
ALTINAY SAVUNMA - Net Assets Trend (2021–2024)
This chart illustrates how ALTINAY SAVUNMA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ALTINAY SAVUNMA (2021–2024)
The table below shows the annual net assets of ALTINAY SAVUNMA from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.78 Billion | +69.02% |
| 2023-12-31 | TL2.24 Billion | +121.63% |
| 2022-12-31 | TL1.01 Billion | +10.46% |
| 2021-12-31 | TL914.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ALTINAY SAVUNMA'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 287.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.03 Billion | 30.37% |
| Other Components | TL2.37 Billion | 69.63% |
| Total Equity | TL3.40 Billion | 100.00% |
ALTINAY SAVUNMA Competitors by Market Cap
The table below lists competitors of ALTINAY SAVUNMA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fusion Micro Finance Limited
NSE:FUSION
|
$156.34 Million |
|
Chipsea Technologies Shenzhen Corp Ltd
SHG:688595
|
$156.34 Million |
|
King Copper Discovery Corp.
F:3RI0
|
$156.37 Million |
|
EcoSynthetix Inc
PINK:ECSNF
|
$156.44 Million |
|
Beijing LabTech Instruments Co Ltd
SHG:688056
|
$156.33 Million |
|
Suzhou Future Electrical Company Co. Ltd. A
SHE:301386
|
$156.25 Million |
|
Stella Chemifa Corporation
PINK:SLAHF
|
$156.20 Million |
|
Doosan Skoda Power as
PR:DSPW
|
$156.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALTINAY SAVUNMA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,842,317,785 to 3,403,868,503, a change of 1,561,550,718 (84.8%).
- Net income of 489,014,615 contributed positively to equity growth.
- New share issuances of 1,271,973,044 increased equity.
- Other factors decreased equity by 199,436,941.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL489.01 Million | +14.37% |
| Share Issuances | TL1.27 Billion | +37.37% |
| Other Changes | TL-199.44 Million | -5.86% |
| Total Change | TL- | 84.76% |
Book Value vs Market Value Analysis
This analysis compares ALTINAY SAVUNMA'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: 4.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.79x to 4.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL0.91 | TL15.20 | x |
| 2022-12-31 | TL0.94 | TL15.20 | x |
| 2023-12-31 | TL1.84 | TL15.20 | x |
| 2024-12-31 | TL3.40 | TL15.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALTINAY SAVUNMA 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): 14.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.68%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.87x
- Recent ROE (14.37%) is above the historical average (13.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.06% | 10.56% | 0.17x | 1.70x | TL-62.79 Million |
| 2022 | 3.53% | 5.63% | 0.38x | 1.66x | TL-60.84 Million |
| 2023 | 31.60% | 34.03% | 0.47x | 1.98x | TL397.87 Million |
| 2024 | 14.37% | 27.68% | 0.28x | 1.87x | TL148.63 Million |
Industry Comparison
This section compares ALTINAY SAVUNMA's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $13,261,064,490,026
- Average return on equity (ROE) among peers: 12.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALTINAY SAVUNMA (ALTNY) | TL4.87 Billion | 3.06% | 0.90x | $156.34 Million |
| Aselsan Elektronik Sanayi ve Ticaret AS (ASELS) | $53.04 Trillion | 0.00% | 2.94x | $20.54 Billion |
| Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) | $67.53 Million | 10.31% | 11.66x | $46.20 Million |
| OZATA DENIZCILIK (OZATD) | $1.95 Billion | 38.16% | 1.09x | $83.20 Million |
| SDT Uzay ve Savunma Teknolojileri A.S. (SDTTR) | $1.84 Billion | 0.54% | 0.56x | $77.61 Million |