Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi A.S. manufactures and sells carpets under the Koyunlu Carpet brand in Turkey and internationally. It offers range of carpets, including Lira, Tyana, Kemerhisar, Silk Authentic, Silk, Enjoy, Alliance, and Aria, as well as produces cotton yarns. The company was incorporated in 1972 and is based in Nigde, Turkey.
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) - Net Assets
Latest net assets as of September 2024: TL1.34 Billion TRY
Based on the latest financial reports, Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) has net assets worth TL1.34 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 (TL1.42 Billion) and total liabilities (TL76.78 Million). 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 | TL1.34 Billion |
| % of Total Assets | 94.59% |
| Annual Growth Rate | 21.74% |
| 5-Year Change | 1344.23% |
| 10-Year Change | 921.16% |
| Growth Volatility | 106.91 |
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS - Net Assets Trend (2008–2023)
This chart illustrates how Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi 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 Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (2008–2023)
The table below shows the annual net assets of Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.14 Billion | +187.51% |
| 2022-12-31 | TL396.58 Million | +365.69% |
| 2021-12-31 | TL85.16 Million | -17.67% |
| 2020-12-31 | TL103.44 Million | +31.02% |
| 2019-12-31 | TL78.95 Million | -12.45% |
| 2018-12-31 | TL90.18 Million | +5.00% |
| 2017-12-31 | TL85.88 Million | +6.57% |
| 2016-12-31 | TL80.59 Million | -17.89% |
| 2015-12-31 | TL98.15 Million | -12.10% |
| 2014-12-31 | TL111.66 Million | -6.74% |
| 2013-12-31 | TL119.72 Million | -6.96% |
| 2012-12-31 | TL128.68 Million | +2.82% |
| 2011-12-31 | TL125.15 Million | +174.21% |
| 2010-12-31 | TL45.64 Million | +0.48% |
| 2009-12-31 | TL45.42 Million | -23.90% |
| 2008-12-31 | TL59.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi 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 250725726000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL3.65 Billion | 319.89% |
| Total Equity | TL1.14 Billion | 100.00% |
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS Competitors by Market Cap
The table below lists competitors of Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gevelot
PA:ALGEV
|
$48.61 Million |
|
MAYO Human Capital Inc.
TWO:6738
|
$48.62 Million |
|
AGTech Holdings Limited
PINK:AGTEF
|
$48.64 Million |
|
Lam Dong Mineral and Building Material JSC
VN:LBM
|
$48.65 Million |
|
KJTS
KLSE:0293
|
$48.60 Million |
|
Oncopeptides AB (publ)
PINK:ONPPF
|
$48.58 Million |
|
Stratec SE
PINK:STSEY
|
$48.57 Million |
|
AMIA Co. Ltd.
TW:8438
|
$48.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 396,580,819 to 1,140,229,147, a change of 743,648,328 (187.5%).
- Net loss of 478,368,711 reduced equity.
- Other factors increased equity by 1,222,017,039.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-478.37 Million | -41.95% |
| Other Changes | TL1.22 Billion | +107.17% |
| Total Change | TL- | 187.51% |
Book Value vs Market Value Analysis
This analysis compares Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi 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: 1.50x
- 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 12.87x to 1.50x 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 | TL1.11 | TL14.30 | x |
| 2018-12-31 | TL0.75 | TL14.30 | x |
| 2019-12-31 | TL0.66 | TL14.30 | x |
| 2020-12-31 | TL0.86 | TL14.30 | x |
| 2021-12-31 | TL0.71 | TL14.30 | x |
| 2022-12-31 | TL3.30 | TL14.30 | x |
| 2023-12-31 | TL9.50 | TL14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi 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): -41.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1060.55%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.06x
- Recent ROE (-41.95%) is below the historical average (-6.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 2.74% | 2.58% | 0.62x | 1.71x | TL-9.34 Million |
| 2013 | -7.48% | -6.11% | 0.60x | 2.03x | TL-20.93 Million |
| 2014 | -7.22% | -5.62% | 0.58x | 2.23x | TL-19.23 Million |
| 2015 | -13.77% | -9.82% | 0.53x | 2.66x | TL-23.33 Million |
| 2016 | -18.66% | -15.81% | 0.51x | 2.32x | TL-23.10 Million |
| 2017 | -2.86% | -9.08% | 0.17x | 1.80x | TL-11.05 Million |
| 2018 | -7.67% | -26.00% | 0.19x | 1.56x | TL-15.94 Million |
| 2019 | -14.05% | -59.16% | 0.14x | 1.66x | TL-18.99 Million |
| 2020 | -3.37% | -14.15% | 0.16x | 1.50x | TL-13.83 Million |
| 2021 | 1.26% | 1.68% | 0.38x | 1.98x | TL-7.44 Million |
| 2022 | 35.81% | 213.90% | 0.15x | 1.10x | TL102.38 Million |
| 2023 | -41.95% | -1060.55% | 0.04x | 1.06x | TL-592.39 Million |
Industry Comparison
This section compares Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $792,327,106
- Average return on equity (ROE) among peers: 12.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) | TL1.34 Billion | 2.74% | 0.06x | $48.61 Million |
| Aksa Akrilik Kimya Sanayi AS (AKSA) | $5.74 Billion | 59.61% | 0.99x | $1.12 Billion |
| Artemis Hali As (ARTMS) | $272.08 Million | 26.83% | 1.43x | $12.92 Million |
| Akin Tekstil AS (ATEKS) | $190.49 Million | 0.00% | 0.27x | $10.13 Million |
| Bilici Yatirim Sanayi ve Ticaret AS (BLCYT) | $16.16 Million | 0.00% | 0.30x | $38.50 Million |
| Bossa Ticaret ve Sanayi Isletmeleri TAS (BOSSA) | $678.16 Million | 48.24% | 1.72x | $18.55 Million |
| Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) | $34.61 Million | -25.17% | 2.08x | $7.62 Million |
| Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) | $15.05 Million | 0.24% | 0.51x | $7.36 Million |
| Ensari Deri Gida Sanayi ve Ticaret AS (ENSRI) | $55.50 Million | 3.13% | 1.78x | $204.53 Million |
| Hateks Hatay Tekstil Isletmeleri AS (HATEK) | $128.56 Million | 0.26% | 0.32x | $17.36 Million |