Biotrend Cevre ve Enerji Yatirimlari AS (BIOEN) - Net Assets
Based on the latest financial reports, Biotrend Cevre ve Enerji Yatirimlari AS (BIOEN) has net assets worth TL3.27 Billion TRY (≈ $73.35 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL10.97 Billion ≈ $245.81 Million USD) and total liabilities (TL7.70 Billion ≈ $172.46 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. Check BIOEN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL3.27 Billion |
| % of Total Assets | 29.84% |
| Annual Growth Rate | 65.54% |
| 5-Year Change | 404.01% |
| 10-Year Change | N/A |
| Growth Volatility | 106.93 |
Biotrend Cevre ve Enerji Yatirimlari AS - Net Assets Trend (2018–2025)
This chart illustrates how Biotrend Cevre ve Enerji Yatirimlari AS's net assets have evolved over time, based on quarterly financial data. See BIOEN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Biotrend Cevre ve Enerji Yatirimlari AS (2018–2025)
The table below shows the annual net assets of Biotrend Cevre ve Enerji Yatirimlari AS from 2018 to 2025. For live valuation and market cap data, see BIOEN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL2.79 Billion ≈ $62.46 Million |
-37.67% |
| 2024-12-31 | TL4.47 Billion ≈ $100.21 Million |
+56.91% |
| 2023-12-31 | TL2.85 Billion ≈ $63.86 Million |
+302.88% |
| 2022-12-31 | TL707.73 Million ≈ $15.85 Million |
+27.91% |
| 2021-12-31 | TL553.30 Million ≈ $12.39 Million |
+176.67% |
| 2020-12-31 | TL199.99 Million ≈ $4.48 Million |
+111.73% |
| 2019-12-31 | TL94.45 Million ≈ $2.12 Million |
+15.41% |
| 2018-12-31 | TL81.84 Million ≈ $1.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Biotrend Cevre ve Enerji Yatirimlari 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 120956.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL698.44 Million | 25.05% |
| Other Components | TL2.09 Billion | 74.95% |
| Total Equity | TL2.79 Billion | 100.00% |
Biotrend Cevre ve Enerji Yatirimlari AS Competitors by Market Cap
The table below lists competitors of Biotrend Cevre ve Enerji Yatirimlari AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shuttle Inc
TW:2405
|
$204.50 Million |
|
RAINBOW RARE EARTHS LTD
F:RR1
|
$204.50 Million |
|
PT Satu Visi Putra Tbk
JK:VISI
|
$204.51 Million |
|
Metropolitan Land Tbk
JK:MTLA
|
$204.54 Million |
|
Pyrophyte Acquisition Corp. II
NYSE:PAII
|
$204.47 Million |
|
Namhae Chemical
KO:025860
|
$204.39 Million |
|
Perma-Fix Environmental Svcs Inc
NASDAQ:PESI
|
$204.21 Million |
|
KlaraBo Sverige AB Series B
ST:KLARA-B
|
$204.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Biotrend Cevre ve Enerji Yatirimlari AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,473,976,698 to 2,788,709,585, a change of -1,685,267,113 (-37.7%).
- Net loss of 1,382,308,036 reduced equity.
- Other factors decreased equity by 302,959,077.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-1.38 Billion | -49.57% |
| Other Changes | TL-302.96 Million | -10.86% |
| Total Change | TL- | -37.67% |
Book Value vs Market Value Analysis
This analysis compares Biotrend Cevre ve Enerji Yatirimlari 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: 3.27x
- 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 118.39x to 3.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL0.15 | TL18.26 | x |
| 2019-12-31 | TL0.16 | TL18.26 | x |
| 2020-12-31 | TL0.40 | TL18.26 | x |
| 2021-12-31 | TL1.11 | TL18.26 | x |
| 2022-12-31 | TL1.40 | TL18.26 | x |
| 2023-12-31 | TL5.68 | TL18.26 | x |
| 2024-12-31 | TL8.95 | TL18.26 | x |
| 2025-12-31 | TL5.58 | TL18.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Biotrend Cevre ve Enerji Yatirimlari 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): -49.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.97%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 3.47x
- Recent ROE (-49.57%) is below the historical average (9.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -1.56% | -2.45% | 0.24x | 2.63x | TL-8.92 Million |
| 2019 | 6.91% | 6.17% | 0.27x | 4.14x | TL-2.54 Million |
| 2020 | 25.22% | 20.58% | 0.30x | 4.07x | TL30.46 Million |
| 2021 | 0.68% | 0.89% | 0.23x | 3.28x | TL-51.82 Million |
| 2022 | 44.26% | 25.25% | 0.38x | 4.57x | TL240.53 Million |
| 2023 | 48.21% | 42.46% | 0.48x | 2.35x | TL1.08 Billion |
| 2024 | -1.96% | -2.46% | 0.31x | 2.56x | TL-534.96 Million |
| 2025 | -49.57% | -46.97% | 0.30x | 3.47x | TL-1.66 Billion |
Industry Comparison
This section compares Biotrend Cevre ve Enerji Yatirimlari AS's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $2,377,547,423
- Average return on equity (ROE) among peers: 4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Biotrend Cevre ve Enerji Yatirimlari AS (BIOEN) | TL3.27 Billion | -1.56% | 2.35x | $204.49 Million |
| Akfen Yenilenebilir Enerji A.S. (AKFYE) | $2.76 Billion | -10.93% | 2.05x | $642.86 Million |
| Aksu Enerji ve Ticaret AS (AKSUE) | $26.18 Million | 1.45% | 0.08x | $54.72 Million |
| Aydem Yenilenebilir Enerji AS (AYDEM) | $5.89 Billion | -9.46% | 1.12x | $395.70 Million |
| Ayen Enerji AS (AYEN) | $264.51 Million | -11.02% | 5.42x | $253.09 Million |
| Consus Enerji Isletmeciligi ve Hizmetleri AS (CONSE) | $0.00 | 0.00% | 0.00x | $48.87 Million |
| Esenboga Elektrik Uretim AS (ESEN) | $590.84 Million | 13.81% | 1.09x | $154.90 Million |
| Galata Wind Enerji Anonim Sirket (GWIND) | $10.46 Billion | 7.98% | 0.42x | $331.39 Million |
| Hun Yenilenebilir Enerji Uretim AS (HUNER) | $1.06 Billion | 34.75% | 1.65x | $85.33 Million |
| Kartal Yenilenebilir Enerji Uretim AS (KARYE) | $351.12 Million | 9.74% | 0.87x | $33.43 Million |
About Biotrend Cevre ve Enerji Yatirimlari AS
Biotrend Cevre ve Enerji Yatirimlari A.S. engages in integrated waste management-oriented renewable energy, circular raw materials, and fuel production activities in Turkey. It is involved in the waste disposal; mechanical sorting; recycled products; refuse-derived fuel; generation of electricity and heat from biogas, landfill gas, and biomass; carbon trading; composting; sanitary landfills; and … Read more