Batisoke Soke Cimento Sanayi TAS

IS:BSOKE Turkey Building Materials
Market Cap
$1.49 Billion
TL52.86 Billion TRY
Market Cap Rank
#6531 Global
#27 in Turkey
Share Price
TL33.04
Change (1 day)
-1.37%
52-Week Range
TL11.95 - TL34.82
All Time High
TL86.30
About

Batisöke Söke Çimento Sanayii T.A.S. manufactures and sells clinker and cement products in Turkey and internationally. The company offers portland cement clinkers and potassium silicate cement; portland, sulphate resistant portland, portland compound, and pozzolanic cement; and aggregates and cement bypass dust. It exports its products. The company was founded in 1955 and is headquartered in Izmi… Read more

Batisoke Soke Cimento Sanayi TAS (BSOKE) - Net Assets

Latest net assets as of June 2025: TL11.55 Billion TRY

Based on the latest financial reports, Batisoke Soke Cimento Sanayi TAS (BSOKE) has net assets worth TL11.55 Billion TRY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL15.49 Billion) and total liabilities (TL3.94 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 TL11.55 Billion
% of Total Assets 74.55%
Annual Growth Rate 21.97%
5-Year Change N/A
10-Year Change 3175.16%
Growth Volatility 1211.12

Batisoke Soke Cimento Sanayi TAS - Net Assets Trend (2005–2024)

This chart illustrates how Batisoke Soke Cimento Sanayi TAS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Batisoke Soke Cimento Sanayi TAS (2005–2024)

The table below shows the annual net assets of Batisoke Soke Cimento Sanayi TAS from 2005 to 2024.

Year Net Assets Change
2024-12-31 TL7.62 Billion +100.21%
2023-12-31 TL3.80 Billion +5296.61%
2022-12-31 TL70.48 Million +202.03%
2021-12-31 TL23.33 Million +147.20%
2020-12-31 TL-49.44 Million -117.02%
2019-12-31 TL290.40 Million -40.01%
2018-12-31 TL484.07 Million +11.40%
2017-12-31 TL434.53 Million +100.10%
2016-12-31 TL217.16 Million -6.60%
2015-12-31 TL232.51 Million +2.52%
2014-12-31 TL226.80 Million +15.01%
2013-12-31 TL197.20 Million +1.86%
2012-12-31 TL193.61 Million +1.67%
2011-12-31 TL190.43 Million -1.07%
2010-12-31 TL192.48 Million +2.67%
2009-12-31 TL187.48 Million +0.90%
2008-12-31 TL185.81 Million -2.41%
2007-12-31 TL190.40 Million -2.90%
2006-12-31 TL196.08 Million +12.19%
2005-12-31 TL174.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Batisoke Soke Cimento Sanayi TAS'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 4324.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components TL8.64 Billion 113.51%
Total Equity TL7.62 Billion 100.00%

Batisoke Soke Cimento Sanayi TAS Competitors by Market Cap

The table below lists competitors of Batisoke Soke Cimento Sanayi TAS ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Batisoke Soke Cimento Sanayi TAS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,803,474,000 to 7,615,082,000, a change of 3,811,608,000 (100.2%).
  • Net income of 250,748,000 contributed positively to equity growth.
  • New share issuances of 313,298,000 increased equity.
  • Other factors increased equity by 3,247,562,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL250.75 Million +3.29%
Share Issuances TL313.30 Million +4.11%
Other Changes TL3.25 Billion +42.65%
Total Change TL- 100.21%

Book Value vs Market Value Analysis

This analysis compares Batisoke Soke Cimento Sanayi TAS'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: 6.94x
  • 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 21.21x to 6.94x 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 TL1.56 TL33.04 x
2018-12-31 TL1.21 TL33.04 x
2019-12-31 TL0.73 TL33.04 x
2020-12-31 TL-0.12 TL33.04 x
2021-12-31 TL0.06 TL33.04 x
2022-12-31 TL0.18 TL33.04 x
2023-12-31 TL9.51 TL33.04 x
2024-12-31 TL4.76 TL33.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Batisoke Soke Cimento Sanayi TAS 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): 3.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.87%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 1.68x
  • Recent ROE (3.29%) is above the historical average (-254.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 0.89% 2.66% 0.31x 1.09x TL-17.07 Million
2010 2.60% 7.41% 0.31x 1.11x TL-14.25 Million
2011 1.33% 2.97% 0.39x 1.14x TL-16.51 Million
2012 2.68% 6.45% 0.35x 1.19x TL-14.16 Million
2013 4.50% 8.30% 0.38x 1.42x TL-10.85 Million
2014 13.56% 20.62% 0.48x 1.38x TL8.08 Million
2015 8.36% 15.38% 0.29x 1.85x TL-3.81 Million
2016 -7.95% -14.44% 0.18x 3.02x TL-38.98 Million
2017 -7.25% -23.55% 0.12x 2.47x TL-74.98 Million
2018 -15.82% -26.81% 0.22x 2.65x TL-124.97 Million
2019 -68.42% -83.84% 0.18x 4.60x TL-227.74 Million
2020 0.00% -73.83% 0.35x 0.00x TL-343.52 Million
2021 -2955.12% -93.55% 0.32x 98.10x TL-691.91 Million
2022 -1092.12% -36.40% 0.63x 47.43x TL-776.76 Million
2023 33.12% 21.17% 0.67x 2.32x TL879.51 Million
2024 3.29% 5.87% 0.33x 1.68x TL-510.76 Million

Industry Comparison

This section compares Batisoke Soke Cimento Sanayi TAS's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $8,079,721,621,036
  • Average return on equity (ROE) among peers: 8.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Batisoke Soke Cimento Sanayi TAS (BSOKE) TL11.55 Billion 0.89% 0.34x $1.22 Billion
Afyon Cimento Sanayi TAS (AFYON) $228.86 Million 23.60% 2.45x $95.95 Million
Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) $3.67 Billion 41.47% 1.20x $229.30 Million
Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) $464.37 Million 5.58% 0.43x $8.07 Million
Bogazici Beton Sanayi ve Ticaret AS (BOBET) $370.98 Million 7.98% 1.84x $63.02 Million
Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) $425.08 Million 3.55% 0.23x $701.78 Million
Bursa Cimento Fabrikasi AS (BUCIM) $242.77 Million 0.00% 0.22x $120.16 Million
Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) $72.71 Trillion 0.00% 0.41x $487.35 Million
Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) $31.82 Million 0.00% 0.62x $6.40 Million
Cimentas Izmir Cimento Fabrikasi TAS (CMENT) $1.20 Billion -6.88% 0.41x $22.91 Million