Artemis Hali As Net Assets
Artemis Hali As net assets. Based on the latest financial reports, Artemis Hali As (ARTMS) has net assets worth TL1.42 Billion TRY (≈ $31.82 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.98 Billion ≈ $44.35 Million USD) and total liabilities (TL559.16 Million ≈ $12.52 Million 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. Also explore Artemis Hali As annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL1.42 Billion |
| % of Total Assets | 71.76% |
| Annual Growth Rate | 58.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.46 |
Net Assets of Artemis Hali As (2020–2022)
Net assets of Artemis Hali As from 2020 to 2022. This chart illustrates how Artemis Hali As's net assets have evolved over time, based on quarterly financial data. See Artemis Hali As (ARTMS) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Artemis Hali As (2020–2022)
The table below shows the annual net assets of Artemis Hali As from 2020 to 2022. For live market cap and overall valuation, see Artemis Hali As (ARTMS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | TL272.08 Million ≈ $6.09 Million |
+60.26% |
| 2021-09-30 | TL169.77 Million ≈ $3.80 Million |
+57.34% |
| 2020-09-30 | TL107.90 Million ≈ $2.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Artemis Hali 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 172.1% over the analyzed period, indicating profitable operations and earnings retention.
Artemis Hali As Net Assets Breakdown (September 2022)
Artemis Hali As net assets breakdown by equity component as of September 2022.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL111.66 Million | 41.04% |
| Other Components | TL160.42 Million | 58.96% |
| Total Equity | TL272.08 Million | 100.00% |
Artemis Hali As Competitors by Market Cap
The table below lists competitors of Artemis Hali As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DESWELL INDS INC. DL-01
F:DW2
|
$43.03 Million |
|
KIWI Media Group Co.Ltd
KO:012170
|
$43.03 Million |
|
Bougainville Copper Limited
F:BOU1
|
$43.04 Million |
|
Heritage Global Inc
NASDAQ:HGBL
|
$43.08 Million |
|
Cords Cable Industries Limited
NSE:CORDSCABLE
|
$43.02 Million |
|
JSS Real Estate SOCIMI SA
MC:YJSS
|
$43.00 Million |
|
Schwälbchen Molkerei Jakob Berz AG
F:SMB
|
$43.00 Million |
|
SKB Shutters Corporation Bhd
KLSE:7115
|
$42.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Artemis Hali As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 169,769,909 to 272,076,839, a change of 102,306,930 (60.3%).
- Net income of 72,995,399 contributed positively to equity growth.
- Other factors increased equity by 29,311,531.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL73.00 Million | +26.83% |
| Other Changes | TL29.31 Million | +10.77% |
| Total Change | TL- | 60.26% |
Book Value vs Market Value Analysis
This analysis compares Artemis Hali 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: 7.06x
- 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 17.80x to 7.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | TL1.54 | TL27.44 | x |
| 2021-09-30 | TL2.43 | TL27.44 | x |
| 2022-09-30 | TL3.89 | TL27.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Artemis Hali 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): 26.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.31%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.43x
- Recent ROE (26.83%) is above the historical average (19.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 21.21% | 15.84% | 0.44x | 3.06x | TL12.09 Million |
| 2021 | 10.15% | 7.91% | 0.48x | 2.66x | TL247.05K |
| 2022 | 26.83% | 23.31% | 0.47x | 2.43x | TL45.79 Million |
Industry Comparison
This section compares Artemis Hali As's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,958,790,915
- Average return on equity (ROE) among peers: 8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Artemis Hali As (ARTMS) | TL1.42 Billion | 21.21% | 0.39x | $43.02 Million |
| Aksa Akrilik Kimya Sanayi AS (AKSA) | $23.88 Billion | 4.76% | 0.49x | $866.66 Million |
| Akin Tekstil AS (ATEKS) | $125.22 Million | 0.00% | 0.61x | $43.83 Million |
| Bilici Yatirim Sanayi ve Ticaret AS (BLCYT) | $77.37 Million | 6.11% | 0.44x | $3.43 Million |
| Bossa Ticaret ve Sanayi Isletmeleri TAS (BOSSA) | $1.95 Billion | 41.87% | 1.09x | $147.06 Million |
| Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) | $85.16 Million | 1.26% | 0.98x | $18.31 Million |
| Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) | $49.02 Million | 0.00% | 1.37x | $6.00 Million |
| Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) | $12.94 Million | 0.00% | 0.77x | $3.94 Million |
| Ensari Deri Gida Sanayi ve Ticaret AS (ENSRI) | $238.47 Million | 24.16% | 0.88x | $31.86 Million |
| Hateks Hatay Tekstil Isletmeleri AS (HATEK) | $215.47 Million | -4.98% | 0.55x | $10.19 Million |
About Artemis Hali As
Artemis Hali Anonim Sirketi designs, manufactures, and sells carpets in Turkey and internationally. It offers handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets, and textile products. The company operates under the JOY ANETTA, ARTEX, BAROQUE, SERENA, BELLA, CARLA, COUTURE, COZY, DAVINA, DIOR, EMMA, EVA, GINA, INSPIRATION, CHARISMA, LIA, MURANO, PALACE, PETINYA, PIA, R… Read more