Batisoke Soke Cimento Sanayi TAS (BSOKE) - Net Assets
Based on the latest financial reports, Batisoke Soke Cimento Sanayi TAS (BSOKE) has net assets worth TL11.55 Billion TRY (≈ $258.64 Million USD) 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 ≈ $346.92 Million USD) and total liabilities (TL3.94 Billion ≈ $88.28 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 Batisoke Soke Cimento Sanayi TAS (BSOKE) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore BSOKE total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Batisoke Soke Cimento Sanayi TAS worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL7.62 Billion ≈ $170.56 Million |
+100.21% |
| 2023-12-31 | TL3.80 Billion ≈ $85.19 Million |
+5296.61% |
| 2022-12-31 | TL70.48 Million ≈ $1.58 Million |
+202.03% |
| 2021-12-31 | TL23.33 Million ≈ $522.64K |
+147.20% |
| 2020-12-31 | TL-49.44 Million ≈ $-1.11 Million |
-117.02% |
| 2019-12-31 | TL290.40 Million ≈ $6.50 Million |
-40.01% |
| 2018-12-31 | TL484.07 Million ≈ $10.84 Million |
+11.40% |
| 2017-12-31 | TL434.53 Million ≈ $9.73 Million |
+100.10% |
| 2016-12-31 | TL217.16 Million ≈ $4.86 Million |
-6.60% |
| 2015-12-31 | TL232.51 Million ≈ $5.21 Million |
+2.52% |
| 2014-12-31 | TL226.80 Million ≈ $5.08 Million |
+15.01% |
| 2013-12-31 | TL197.20 Million ≈ $4.42 Million |
+1.86% |
| 2012-12-31 | TL193.61 Million ≈ $4.34 Million |
+1.67% |
| 2011-12-31 | TL190.43 Million ≈ $4.27 Million |
-1.07% |
| 2010-12-31 | TL192.48 Million ≈ $4.31 Million |
+2.67% |
| 2009-12-31 | TL187.48 Million ≈ $4.20 Million |
+0.90% |
| 2008-12-31 | TL185.81 Million ≈ $4.16 Million |
-2.41% |
| 2007-12-31 | TL190.40 Million ≈ $4.26 Million |
-2.90% |
| 2006-12-31 | TL196.08 Million ≈ $4.39 Million |
+12.19% |
| 2005-12-31 | TL174.78 Million ≈ $3.91 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.
| Company | Market Cap |
|---|---|
|
Inno Laser Technology Co. Ltd.
SHE:301021
|
$1.42 Billion |
|
Harrow Health Inc
NASDAQ:HROW
|
$1.42 Billion |
|
Daejoo Electronic Materials Co. Ltd
KQ:078600
|
$1.42 Billion |
|
Dole PLC
NYSE:DOLE
|
$1.42 Billion |
|
O-I Glass Inc
NYSE:OI
|
$1.42 Billion |
|
Mitra Adiperkasa Tbk
JK:MAPI
|
$1.42 Billion |
|
BH Macro Limited
LSE:BHMG
|
$1.41 Billion |
|
Innodata Inc
NASDAQ:INOD
|
$1.41 Billion |
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: 8.30x
- 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 25.35x to 8.30x 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 | TL39.50 | x |
| 2018-12-31 | TL1.21 | TL39.50 | x |
| 2019-12-31 | TL0.73 | TL39.50 | x |
| 2020-12-31 | TL-0.12 | TL39.50 | x |
| 2021-12-31 | TL0.06 | TL39.50 | x |
| 2022-12-31 | TL0.18 | TL39.50 | x |
| 2023-12-31 | TL9.51 | TL39.50 | x |
| 2024-12-31 | TL4.76 | TL39.50 | 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: $748,538,044,665
- Average return on equity (ROE) among peers: 13.38%
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 | $1.42 Billion |
| Afyon Cimento Sanayi TAS (AFYON) | $6.72 Trillion | 0.00% | 0.76x | $122.83 Million |
| Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) | $819.23 Million | 9.16% | 0.42x | $873.45 Million |
| Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) | $422.73 Million | -9.82% | 0.87x | $206.21 Million |
| Bogazici Beton Sanayi ve Ticaret AS (BOBET) | $6.10 Billion | 2.64% | 0.41x | $171.92 Million |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $494.95 Million | 8.00% | 0.70x | $798.61 Million |
| Bursa Cimento Fabrikasi AS (BUCIM) | $385.64 Million | 15.32% | 0.37x | $215.69 Million |
| Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) | $6.11 Billion | 56.18% | 0.90x | $1.24 Billion |
| Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) | $40.39 Million | 4.16% | 0.86x | $68.78 Million |
| Cimentas Izmir Cimento Fabrikasi TAS (CMENT) | $2.49 Billion | 34.76% | 0.76x | $623.53 Million |
About Batisoke Soke Cimento Sanayi TAS
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