Alves Kablo San As
Alves Kablo Sanayi ve Ticaret A.S. produces and sells cables under the Alves Kablo brand in Turkey and internationally. The company offers installation, underground, armored, halogen free, custom manufactured, control, aluminum, and solar cables. Alves Kablo Sanayi ve Ticaret A.S. was founded in 2014 and is based in Ankara, Turkey.
Alves Kablo San As (ALVES) - Net Assets
Latest net assets as of June 2024: TL1.66 Billion TRY
Based on the latest financial reports, Alves Kablo San As (ALVES) has net assets worth TL1.66 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.23 Billion) and total liabilities (TL1.57 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 | TL1.66 Billion |
| % of Total Assets | 51.46% |
| Annual Growth Rate | 213.98% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 188.83 |
Alves Kablo San As - Net Assets Trend (2020–2023)
This chart illustrates how Alves Kablo San 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 Alves Kablo San As (2020–2023)
The table below shows the annual net assets of Alves Kablo San As from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL651.06 Million | +231.54% |
| 2022-12-31 | TL196.37 Million | +2119.32% |
| 2021-12-31 | TL-9.72 Million | -146.12% |
| 2020-12-31 | TL21.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alves Kablo San 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 9188.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL306.58 Million | 47.09% |
| Common Stock | TL120.00 Million | 18.43% |
| Other Comprehensive Income | TL224.48 Million | 34.48% |
| Other Components | TL1.00 | 0.00% |
| Total Equity | TL651.06 Million | 100.00% |
Alves Kablo San As Competitors by Market Cap
The table below lists competitors of Alves Kablo San As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IDENIX PHARM
MU:NO9
|
$24.66 Million |
|
Sino Horizon Holdings Ltd
TW:2923
|
$24.68 Million |
|
SRG Mining Inc
PINK:SRGMF
|
$24.69 Million |
|
Wafangdian Bearing Co Ltd
SHE:200706
|
$24.70 Million |
|
Southern Acids (M) Bhd
KLSE:5134
|
$24.66 Million |
|
Astro Malaysia Holdings Bhd
KLSE:6399
|
$24.66 Million |
|
Korea Ind
KO:002140
|
$24.66 Million |
|
Middlebury National Corporation
PINK:MDVT
|
$24.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alves Kablo San As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 196,374,494 to 651,061,612, a change of 454,687,118 (231.5%).
- Net income of 203,423,931 contributed positively to equity growth.
- Other comprehensive income decreased equity by 51,574,402.
- Other factors increased equity by 302,837,589.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL203.42 Million | +31.24% |
| Other Comprehensive Income | TL-51.57 Million | -7.92% |
| Other Changes | TL302.84 Million | +46.51% |
| Total Change | TL- | 231.54% |
Book Value vs Market Value Analysis
This analysis compares Alves Kablo San 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: 0.54x
- 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 53.21x to 0.54x 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 | TL0.06 | TL3.02 | x |
| 2021-12-31 | TL-0.06 | TL3.02 | x |
| 2022-12-31 | TL1.23 | TL3.02 | x |
| 2023-12-31 | TL5.60 | TL3.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alves Kablo San 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): 31.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.70%
- • Asset Turnover: 1.73x
- • Equity Multiplier: 2.69x
- Recent ROE (31.24%) is above the historical average (19.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 24.22% | 1.33% | 1.19x | 15.29x | TL1.29 Million |
| 2021 | 0.00% | 3.81% | 1.24x | 0.00x | TL17.11 Million |
| 2022 | 22.39% | 5.44% | 1.04x | 3.94x | TL24.33 Million |
| 2023 | 31.24% | 6.70% | 1.73x | 2.69x | TL138.32 Million |
Industry Comparison
This section compares Alves Kablo San As's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $336,861,354
- Average return on equity (ROE) among peers: 12.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alves Kablo San As (ALVES) | TL1.66 Billion | 24.22% | 0.94x | $24.66 Million |
| Astor Enerji AS (ASTOR) | $1.10 Billion | 47.12% | 1.90x | $550.72 Million |
| EKOS (EKOS) | $157.40 Million | 13.05% | 1.77x | $21.38 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $57.84 Million | 5.37% | 1.69x | $58.43 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $104.85 Million | 47.42% | 1.27x | $547.62 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $132.47 Million | 5.28% | 2.55x | $175.60 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $510.76 Million | 7.71% | 0.67x | $76.38 Million |
| MEGA METAL (MEGMT) | $822.93 Million | 9.93% | 3.33x | $118.73 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $129.91 Million | 0.00% | 1.09x | $40.27 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $17.01 Million | -26.40% | 1.42x | $15.09 Million |