Balatacilar Balatacilik Sanayi ve Ticaret AS (BALAT) - Net Assets
Based on the latest financial reports, Balatacilar Balatacilik Sanayi ve Ticaret AS (BALAT) has net assets worth TL5.51 Million TRY (≈ $123.48K USD) as of December 2020. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL26.55 Million ≈ $594.61K USD) and total liabilities (TL21.04 Million ≈ $471.13K 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 how resilient are Balatacilar Balatacilik Sanayi ve Ticare's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL5.51 Million |
| % of Total Assets | 20.77% |
| Annual Growth Rate | 26.73% |
| 5-Year Change | 1449.39% |
| 10-Year Change | 1268.37% |
| Growth Volatility | 115.29 |
Balatacilar Balatacilik Sanayi ve Ticaret AS - Net Assets Trend (2008–2023)
This chart illustrates how Balatacilar Balatacilik Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore BALAT total asset value for the complete picture of this company's asset base.
Annual Net Assets for Balatacilar Balatacilik Sanayi ve Ticaret AS (2008–2023)
The table below shows the annual net assets of Balatacilar Balatacilik Sanayi ve Ticaret AS from 2008 to 2023. For live valuation and market cap data, see Balatacilar Balatacilik Sanayi ve Ticare stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL103.86 Million ≈ $2.33 Million |
+194.42% |
| 2022-12-31 | TL35.28 Million ≈ $790.09K |
+114.09% |
| 2021-12-31 | TL16.48 Million ≈ $369.05K |
+198.87% |
| 2020-12-31 | TL5.51 Million ≈ $123.48K |
-17.75% |
| 2019-12-31 | TL6.70 Million ≈ $150.14K |
+377.34% |
| 2018-12-31 | TL1.40 Million ≈ $31.45K |
-72.18% |
| 2017-12-31 | TL5.05 Million ≈ $113.07K |
-18.30% |
| 2016-12-31 | TL6.18 Million ≈ $138.40K |
-32.22% |
| 2015-12-31 | TL9.12 Million ≈ $204.17K |
+20.10% |
| 2014-12-31 | TL7.59 Million ≈ $170.00K |
-19.34% |
| 2013-12-31 | TL9.41 Million ≈ $210.76K |
+90.91% |
| 2012-12-31 | TL4.93 Million ≈ $110.40K |
-6.89% |
| 2011-12-31 | TL5.29 Million ≈ $118.57K |
+70.66% |
| 2010-12-31 | TL3.10 Million ≈ $69.48K |
+13.29% |
| 2009-12-31 | TL2.74 Million ≈ $61.32K |
-7.97% |
| 2008-12-31 | TL2.98 Million ≈ $66.63K |
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Equity Component Analysis
This analysis shows how different components contribute to Balatacilar Balatacilik Sanayi ve Ticaret 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 11457824800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL177.69 Million | 281.56% |
| Total Equity | TL63.11 Million | 100.00% |
Balatacilar Balatacilik Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Balatacilar Balatacilik Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corentec Co Ltd
KQ:104540
|
$49.74 Million |
|
SG&G Corporation
KQ:040610
|
$49.74 Million |
|
Feytech Holdings Berhad
KLSE:5322
|
$49.75 Million |
|
China Crystal New Material
KQ:900250
|
$49.76 Million |
|
GSE Co. Ltd
KQ:053050
|
$49.69 Million |
|
KESM Industries Bhd
KLSE:9334
|
$49.68 Million |
|
Woory Industrial Holdings Co.Ltd
KQ:072470
|
$49.65 Million |
|
HPQ SILICON INC.
F:O08
|
$49.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Balatacilar Balatacilik Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 16,865,993 to 63,106,930, a change of 46,240,937 (274.2%).
- Net income of 28,138,386 contributed positively to equity growth.
- New share issuances of 13,895,174 increased equity.
- Other factors increased equity by 4,207,377.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL28.14 Million | +44.59% |
| Share Issuances | TL13.90 Million | +22.02% |
| Other Changes | TL4.21 Million | +6.67% |
| Total Change | TL- | 274.17% |
Book Value vs Market Value Analysis
This analysis compares Balatacilar Balatacilik Sanayi ve Ticaret 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: 35.19x
- 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 435.42x to 35.19x 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 | TL0.18 | TL80.00 | x |
| 2018-12-31 | TL0.04 | TL80.00 | x |
| 2019-12-31 | TL0.25 | TL80.00 | x |
| 2020-12-31 | TL0.18 | TL80.00 | x |
| 2021-12-31 | TL0.39 | TL80.00 | x |
| 2022-12-31 | TL0.63 | TL80.00 | x |
| 2023-12-31 | TL2.27 | TL80.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Balatacilar Balatacilik Sanayi ve Ticaret 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): 44.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 190.57%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.93x
- Recent ROE (44.59%) is above the historical average (-49.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -28.64% | -13.88% | 0.44x | 4.66x | TL-2.46 Million |
| 2015 | -11.26% | -4.94% | 0.54x | 4.24x | TL-1.62 Million |
| 2016 | 14.28% | 5.35% | 0.51x | 5.27x | TL204.44K |
| 2017 | -6.62% | -4.36% | 0.32x | 4.76x | TL-742.84K |
| 2018 | -379.36% | -74.08% | 0.23x | 22.26x | TL-3.53 Million |
| 2019 | -13.60% | -138.09% | 0.02x | 4.09x | TL-1.46 Million |
| 2020 | 7.28% | 15.60% | 0.08x | 5.91x | TL-122.04K |
| 2021 | -110.19% | -249.78% | 0.11x | 3.87x | TL-12.40 Million |
| 2022 | -11.89% | -41.44% | 0.07x | 4.05x | TL-3.69 Million |
| 2023 | 44.59% | 190.57% | 0.12x | 1.93x | TL21.83 Million |
Industry Comparison
This section compares Balatacilar Balatacilik Sanayi ve Ticaret AS's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,703,844,747
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Balatacilar Balatacilik Sanayi ve Ticaret AS (BALAT) | TL5.51 Million | -28.64% | 3.82x | $49.73 Million |
| Bosch Fren Sistemleri Sanayi ve Ticaret AS (BFREN) | $20.15 Million | 0.00% | 1.22x | $398.73 Million |
| Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS (BRISA) | $19.65 Billion | 7.73% | 1.20x | $600.35 Million |
| Ditas Dogan Yedek Parca Imalat ve Teknik AS (DITAS) | $313.92 Million | -85.73% | 5.22x | $126.41 Million |
| Ege Endustri ve Ticaret AS (EGEEN) | $74.72 Million | 25.20% | 0.61x | $453.12 Million |
| Goodyear Lastikleri TAS (GOODY) | $259.61 Million | 0.42% | 0.55x | $96.21 Million |
| Jantsa Jant Sanayi ve Ticaret AS (JANTS) | $985.48 Million | 37.20% | 0.59x | $274.84 Million |
| Parsan Makina Parcalari Sanayi AS (PARSN) | $270.48 Million | 3.23% | 0.25x | $164.16 Million |
| Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Tic (SAFKR) | $58.11 Million | 21.95% | 0.53x | $111.63 Million |
About Balatacilar Balatacilik Sanayi ve Ticaret AS
Balatacilar Balatacilik Sanayi Ve Ticaret A.S. produces and sells friction materials in Turkey. The company's products include brake blocks for heavy vehicles and trailers applications; brake linings for light commercial vehicles; fiber based clutch facings; and industrial friction materials for various applications. It offers brake pads for heavy vehicles trucks and trailers applications; and th… Read more