Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S. provides natural gas distribution services in Ankara. The company was incorporated in 2007 and is headquartered in Ankara, Turkey. Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S. is a subsidiary of Torunlar Enerji Sanayi Ve Tic.A.S.
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (BASGZ) - Net Assets
Latest net assets as of September 2024: TL18.98 Billion TRY
Based on the latest financial reports, Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (BASGZ) has net assets worth TL18.98 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL36.63 Billion) and total liabilities (TL17.64 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 | TL18.98 Billion |
| % of Total Assets | 51.83% |
| Annual Growth Rate | 28.77% |
| 5-Year Change | 643.33% |
| 10-Year Change | N/A |
| Growth Volatility | 250.4 |
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2017–2023)
This chart illustrates how Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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 Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (2017–2023)
The table below shows the annual net assets of Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL14.16 Billion | +662.54% |
| 2022-12-31 | TL1.86 Billion | -21.61% |
| 2021-12-31 | TL2.37 Billion | +26.07% |
| 2020-12-31 | TL1.88 Billion | -1.37% |
| 2019-12-31 | TL1.91 Billion | -3.50% |
| 2018-12-31 | TL1.97 Billion | -36.45% |
| 2017-12-31 | TL3.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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 196.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.85 Billion | 34.21% |
| Common Stock | TL700.00 Million | 4.94% |
| Other Comprehensive Income | TL1.05 Billion | 7.39% |
| Other Components | TL7.57 Billion | 53.45% |
| Total Equity | TL14.16 Billion | 100.00% |
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap
The table below lists competitors of Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sterling and Wilson Renewable Energy Limited
NSE:SWSOLAR
|
$241.57 Million |
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
$241.61 Million |
|
Mirae Asset Venture Investment Co. Ltd
KQ:100790
|
$241.66 Million |
|
GnCenergy Co Ltd
KQ:119850
|
$241.68 Million |
|
Sichuan Dawn Precision Technology Co Ltd
SHE:300780
|
$241.46 Million |
|
AP Biosciences Inc
TWO:6945
|
$241.37 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$241.24 Million |
|
ICRA Limited
NSE:ICRA
|
$241.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,857,364,664 to 14,163,216,122, a change of 12,305,851,458 (662.5%).
- Net income of 3,899,067,802 contributed positively to equity growth.
- Dividend payments of 1,495,720,269 reduced retained earnings.
- Other comprehensive income increased equity by 805,100,318.
- Other factors increased equity by 9,097,403,607.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL3.90 Billion | +27.53% |
| Dividends Paid | TL1.50 Billion | -10.56% |
| Other Comprehensive Income | TL805.10 Million | +5.68% |
| Other Changes | TL9.10 Billion | +64.23% |
| Total Change | TL- | 662.54% |
Book Value vs Market Value Analysis
This analysis compares Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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: 2.45x
- 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 14.85x to 2.45x 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 | TL3.33 | TL49.50 | x |
| 2018-12-31 | TL2.82 | TL49.50 | x |
| 2019-12-31 | TL2.72 | TL49.50 | x |
| 2020-12-31 | TL2.68 | TL49.50 | x |
| 2021-12-31 | TL3.38 | TL49.50 | x |
| 2022-12-31 | TL2.65 | TL49.50 | x |
| 2023-12-31 | TL20.23 | TL49.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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): 27.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.41%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.36x
- Recent ROE (27.53%) is above the historical average (23.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.32% | 14.24% | 0.65x | 1.76x | TL147.39 Million |
| 2018 | 18.73% | 12.18% | 0.64x | 2.41x | TL172.38 Million |
| 2019 | 21.81% | 10.24% | 0.76x | 2.80x | TL225.05 Million |
| 2020 | 28.35% | 10.58% | 0.87x | 3.08x | TL344.76 Million |
| 2021 | 30.25% | 10.94% | 0.92x | 3.00x | TL479.73 Million |
| 2022 | 20.58% | 2.17% | 1.59x | 5.94x | TL196.44 Million |
| 2023 | 27.53% | 13.41% | 0.87x | 2.36x | TL2.48 Billion |
Industry Comparison
This section compares Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $34,539,050,128
- Average return on equity (ROE) among peers: 3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (BASGZ) | TL18.98 Billion | 16.32% | 0.93x | $241.48 Million |
| Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. (AHGAZ) | $-500.25 Million | 0.00% | 0.00x | $148.40 Million |
| Aygaz AS (AYGAZ) | $69.58 Billion | 7.18% | 0.18x | $355.92 Million |