Bursa Cimento Fabrikasi AS
Bursa Cimento Fabrikasi A.S., together with its subsidiaries, manufactures and sells cement, steel, ash, ready-mixed concrete, and operates port facilities in Turkey. The company offers Portland, Portland composite, and puzolanic cement, as well as bulk and bagged cement, lime, plaster, fly ash, aggregate, coal, clay, trass, clinker, slag, chemical additives, and raw materials used in cement prod… Read more
Bursa Cimento Fabrikasi AS (BUCIM) - Net Assets
Latest net assets as of September 2025: TL18.20 Billion TRY
Based on the latest financial reports, Bursa Cimento Fabrikasi AS (BUCIM) has net assets worth TL18.20 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 (TL27.31 Billion) and total liabilities (TL9.11 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 | TL18.20 Billion |
| % of Total Assets | 66.63% |
| Annual Growth Rate | -35.22% |
| 5-Year Change | 1532.83% |
| 10-Year Change | 3506.05% |
| Growth Volatility | 67.79 |
Bursa Cimento Fabrikasi AS - Net Assets Trend (2003–2024)
This chart illustrates how Bursa Cimento Fabrikasi 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 Bursa Cimento Fabrikasi AS (2003–2024)
The table below shows the annual net assets of Bursa Cimento Fabrikasi AS from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL14.98 Billion | +0.25% |
| 2023-12-31 | TL14.95 Billion | +236.26% |
| 2022-12-31 | TL4.44 Billion | +141.16% |
| 2021-12-31 | TL1.84 Billion | +100.84% |
| 2020-12-31 | TL917.70 Million | +27.62% |
| 2019-12-31 | TL719.07 Million | +3.59% |
| 2018-12-31 | TL694.13 Million | +24.19% |
| 2017-12-31 | TL558.92 Million | +15.99% |
| 2016-12-31 | TL481.86 Million | +15.96% |
| 2015-12-31 | TL415.54 Million | +7.75% |
| 2014-12-31 | TL385.64 Million | +13.89% |
| 2013-12-31 | TL338.62 Million | +5.84% |
| 2012-12-31 | TL319.93 Million | -1.76% |
| 2011-12-31 | TL325.66 Million | +16.09% |
| 2010-12-31 | TL280.52 Million | -4.03% |
| 2009-12-31 | TL292.31 Million | +20.40% |
| 2006-12-31 | TL242.77 Million | +20.02% |
| 2005-12-31 | TL202.28 Million | -100.00% |
| 2003-12-31 | TL136.82 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bursa Cimento Fabrikasi 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.93 Billion | 30.73% |
| Other Components | TL8.86 Billion | 69.27% |
| Total Equity | TL12.79 Billion | 100.00% |
Bursa Cimento Fabrikasi AS Competitors by Market Cap
The table below lists competitors of Bursa Cimento Fabrikasi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FRANCAISE LENERGIE EO 1
F:LFX
|
$120.17 Million |
|
La Française de l'Energie S.A.
PA:FDE
|
$120.17 Million |
|
Matahari Department Store Tbk
JK:LPPF
|
$120.20 Million |
|
Meter Instruments Co. Ltd
SHE:301006
|
$120.31 Million |
|
Anhui Yuanchen Environmental Protection Science & Technology Co. Ltd.
SHG:688659
|
$120.04 Million |
|
Seven Hills Realty Trust
NASDAQ:SEVN
|
$120.04 Million |
|
Guararapes Confecções S.A
SA:GUAR3
|
$120.04 Million |
|
Mold-Tek Packaging Limited
NSE:MOLDTKPAC
|
$120.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bursa Cimento Fabrikasi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,709,098,007 to 12,791,577,610, a change of 82,479,603 (0.6%).
- Net income of 484,325,061 contributed positively to equity growth.
- Dividend payments of 163,169,655 reduced retained earnings.
- Other factors decreased equity by 238,675,803.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL484.33 Million | +3.79% |
| Dividends Paid | TL163.17 Million | -1.28% |
| Other Changes | TL-238.68 Million | -1.87% |
| Total Change | TL- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares Bursa Cimento Fabrikasi 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: 0.73x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.69x to 0.73x 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 | TL1.10 | TL6.24 | x |
| 2018-12-31 | TL1.29 | TL6.24 | x |
| 2019-12-31 | TL1.30 | TL6.24 | x |
| 2020-12-31 | TL1.53 | TL6.24 | x |
| 2021-12-31 | TL1.53 | TL6.24 | x |
| 2022-12-31 | TL2.43 | TL6.24 | x |
| 2023-12-31 | TL8.47 | TL6.24 | x |
| 2024-12-31 | TL8.53 | TL6.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bursa Cimento Fabrikasi 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): 3.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.10%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.49x
- Recent ROE (3.79%) is below the historical average (14.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 2.05% | 1.38% | 0.94x | 1.58x | TL-18.37 Million |
| 2010 | 4.90% | 2.68% | 1.10x | 1.67x | TL-11.55 Million |
| 2011 | 17.35% | 8.46% | 1.22x | 1.68x | TL19.23 Million |
| 2012 | 4.70% | 2.51% | 1.02x | 1.84x | TL-13.50 Million |
| 2013 | 11.48% | 5.75% | 1.07x | 1.87x | TL3.96 Million |
| 2014 | 19.08% | 9.64% | 1.16x | 1.70x | TL28.12 Million |
| 2015 | 14.58% | 8.14% | 0.99x | 1.80x | TL15.54 Million |
| 2016 | 18.79% | 10.73% | 1.00x | 1.75x | TL34.88 Million |
| 2017 | 16.30% | 7.72% | 1.06x | 2.00x | TL27.52 Million |
| 2018 | 18.94% | 8.18% | 1.32x | 1.75x | TL45.91 Million |
| 2019 | 1.93% | 0.98% | 1.09x | 1.82x | TL-41.89 Million |
| 2020 | 11.31% | 6.16% | 0.99x | 1.85x | TL8.77 Million |
| 2021 | 31.28% | 19.51% | 0.99x | 1.62x | TL304.42 Million |
| 2022 | 34.31% | 20.63% | 1.14x | 1.46x | TL886.35 Million |
| 2023 | 20.82% | 17.57% | 0.87x | 1.37x | TL1.38 Billion |
| 2024 | 3.79% | 4.10% | 0.62x | 1.49x | TL-794.83 Million |
Industry Comparison
This section compares Bursa Cimento Fabrikasi AS's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $8,079,718,775,537
- Average return on equity (ROE) among peers: 7.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bursa Cimento Fabrikasi AS (BUCIM) | TL18.20 Billion | 2.05% | 0.50x | $120.16 Million |
| 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 |
| Batisoke Soke Cimento Sanayi TAS (BSOKE) | $217.16 Million | -7.95% | 2.02x | $1.22 Billion |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $425.08 Million | 3.55% | 0.23x | $701.78 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 |