Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS
Birlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi provides heating, cooling, ventilation, and other mechanical installation services. The company also offers sanitary installation, fire protection and fire stop systems, natural gas distribution systems, and medical gas systems, as well as testing, adjusting, and commissioning solutions. It serves hospitals and medi… Read more
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) - Net Assets
Latest net assets as of September 2025: TL1.71 Billion TRY
Based on the latest financial reports, Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) has net assets worth TL1.71 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.45 Billion) and total liabilities (TL3.74 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 | TL1.71 Billion |
| % of Total Assets | 31.37% |
| Annual Growth Rate | 70.76% |
| 5-Year Change | 825.34% |
| 10-Year Change | N/A |
| Growth Volatility | 26.15 |
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS - Net Assets Trend (2018–2024)
This chart illustrates how Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi 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 Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (2018–2024)
The table below shows the annual net assets of Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.39 Billion | +47.01% |
| 2023-12-31 | TL942.22 Million | +70.83% |
| 2022-12-31 | TL551.55 Million | +61.08% |
| 2021-12-31 | TL342.41 Million | +128.74% |
| 2020-12-31 | TL149.69 Million | +62.48% |
| 2019-12-31 | TL92.13 Million | +65.03% |
| 2018-12-31 | TL55.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi 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 353.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL1.52 Billion | 107.58% |
| Total Equity | TL1.41 Billion | 100.00% |
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS Competitors by Market Cap
The table below lists competitors of Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amicogen Inc
KQ:092040
|
$51.79 Million |
|
D0X
F:D0X
|
$51.79 Million |
|
Taokaenoi Food & Marketing Public Company Limited
BK:TKN
|
$51.80 Million |
|
Yangarra Resources Ltd
PINK:YGRAF
|
$51.80 Million |
|
Auburn National Bancorporation Inc
NASDAQ:AUBN
|
$51.75 Million |
|
TROPHY GAMES DEV. DK-020
F:4H7
|
$51.74 Million |
|
1S90
F:1S90
|
$51.72 Million |
|
MANUKA RESOURCES LTD
F:6M0A
|
$51.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 962,980,343 to 1,412,967,566, a change of 449,987,223 (46.7%).
- Net income of 445,451,579 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL445.45 Million | +31.53% |
| Other Changes | TL4.54 Million | +0.32% |
| Total Change | TL- | 46.73% |
Book Value vs Market Value Analysis
This analysis compares Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi 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: 2.70x
- 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 70.79x to 2.70x 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 | TL0.24 | TL17.00 | x |
| 2019-12-31 | TL0.40 | TL17.00 | x |
| 2020-12-31 | TL0.67 | TL17.00 | x |
| 2021-12-31 | TL1.53 | TL17.00 | x |
| 2022-12-31 | TL2.46 | TL17.00 | x |
| 2023-12-31 | TL4.30 | TL17.00 | x |
| 2024-12-31 | TL6.31 | TL17.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi 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): 31.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.09%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 2.34x
- Recent ROE (31.53%) is above the historical average (15.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -15.74% | -2.37% | 0.98x | 6.76x | TL-13.85 Million |
| 2019 | 40.24% | 7.11% | 0.92x | 6.17x | TL27.07 Million |
| 2020 | 39.90% | 10.33% | 1.10x | 3.50x | TL44.75 Million |
| 2021 | 9.26% | 5.11% | 0.70x | 2.60x | TL-2.53 Million |
| 2022 | 31.88% | 12.88% | 0.69x | 3.61x | TL120.41 Million |
| 2023 | -29.99% | -5.04% | 1.13x | 5.24x | TL-385.13 Million |
| 2024 | 31.53% | 11.09% | 1.21x | 2.34x | TL304.15 Million |
Industry Comparison
This section compares Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $853,419,015
- Average return on equity (ROE) among peers: 10.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | TL1.71 Billion | -15.74% | 2.19x | $51.78 Million |
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | $374.02 Million | 16.00% | 2.14x | $37.60 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $114.20 Million | 0.00% | 0.62x | $95.66 Million |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $994.09 Million | 22.18% | 1.06x | $78.34 Million |
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | $32.63 Million | -12.66% | 1.07x | $11.12 Million |
| Orge Enerji Elektrik Taahhut AS (ORGE) | $258.00K | 0.00% | 6.74x | $79.96 Million |
| Ral Yatirim Holding AS (RALYH) | $3.46 Billion | 37.69% | 1.11x | $472.79 Million |
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | $20.70 Million | 0.00% | 0.92x | $9.46 Million |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $7.93 Million | 0.00% | 0.37x | $18.29 Million |
| Yeo Teknoloji Enerji ve Endustri AS (YEOTK) | $2.68 Billion | 33.46% | 2.39x | $48.37 Million |