BULLS GSYO
Bulls Girisim Sermayesi Yatirim Ortakligi Anonim Sirketi engages in investment business in Turkey. It provides financial, managerial and structuring support to growth-stage and medium-sized companies.the company was founded in 2021 and is based in Istanbul, Turkey. Bulls Girisim Sermayesi Yatirim Ortakligi A.S. is a subsidiary of Bulls Yatirim Holding A.S.
BULLS GSYO (BULGS) - Net Assets
Latest net assets as of : TL- TRY
Based on the latest financial reports, BULLS GSYO (BULGS) has net assets worth TL- TRY as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL-) and total liabilities (TL-). 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 | TL- |
| % of Total Assets | 0% |
| Annual Growth Rate | 244.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 351.31 |
BULLS GSYO - Net Assets Trend (2021–2023)
This chart illustrates how BULLS GSYO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BULLS GSYO (2021–2023)
The table below shows the annual net assets of BULLS GSYO from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.62 Billion | +743.24% |
| 2022-12-31 | TL191.69 Million | +40.61% |
| 2021-12-31 | TL136.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BULLS GSYO'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 grown by 3439.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.28 Billion | 79.37% |
| Other Components | TL333.44 Million | 20.63% |
| Total Equity | TL1.62 Billion | 100.00% |
BULLS GSYO Competitors by Market Cap
The table below lists competitors of BULLS GSYO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sea1 Offshore Inc.
OL:SEA1
|
$86.26 Million |
|
Summit Bank Group Inc
PINK:SBKO
|
$86.26 Million |
|
Kejuruteraan Asastera Bhd
KLSE:0193
|
$86.27 Million |
|
Ubiquoss Inc
KQ:264450
|
$86.28 Million |
|
Lifecore Biomedical Inc.
NASDAQ:LFCR
|
$86.24 Million |
|
Samhwa Paint
KO:000390
|
$86.24 Million |
|
Suzhou Goldengreen Technologies Ltd
SHE:002808
|
$86.19 Million |
|
Galaxy Software Services Corporation
TWO:6752
|
$86.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BULLS GSYO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 191,685,121 to 1,616,357,192, a change of 1,424,672,071 (743.2%).
- Net income of 1,248,801,120 contributed positively to equity growth.
- Other factors increased equity by 175,870,951.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.25 Billion | +77.26% |
| Other Changes | TL175.87 Million | +10.88% |
| Total Change | TL- | 743.24% |
Book Value vs Market Value Analysis
This analysis compares BULLS GSYO'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: 7.14x
- 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 84.69x to 7.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL0.51 | TL43.08 | x |
| 2022-12-31 | TL0.72 | TL43.08 | x |
| 2023-12-31 | TL6.03 | TL43.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BULLS GSYO 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): 77.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 281.51%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.01x
- Recent ROE (77.26%) is above the historical average (34.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 26.59% | 59.37% | 0.42x | 1.06x | TL22.61 Million |
| 2022 | -0.89% | -0.66% | 1.31x | 1.02x | TL-20.88 Million |
| 2023 | 77.26% | 281.51% | 0.27x | 1.01x | TL1.09 Billion |
Industry Comparison
This section compares BULLS GSYO's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $405,722,678
- Average return on equity (ROE) among peers: 11.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BULLS GSYO (BULGS) | TL- | 26.59% | N/A | $86.25 Million |
| A1 Capital Menkul Degerler AS (A1CAP) | $1.49 Billion | 43.89% | 1.82x | $66.15 Million |
| Atlas Menkul Kiymetler Yatirim Ortakligi AS (ATLAS) | $8.51 Million | -1.97% | 0.45x | $10.34 Million |
| DCT TRADING DIS TICARET (DCTTR) | $793.19 Million | -5.43% | 0.67x | $3.99 Million |
| DESTEK FINANS FAKTORING (DSTKF) | $979.57 Million | 28.81% | 4.35x | $4.23 Billion |
| Euro Yatirim Holding AS (EUHOL) | $45.96 Million | -0.85% | 0.50x | $47.26 Million |
| Gedik Yatirim Menkul Degerler AS (GEDIK) | $170.57 Million | 38.31% | 5.53x | $292.68 Million |
| Global Menkul Degerler AS (GLBMD) | $44.99 Million | -9.59% | 1.78x | $10.34 Million |
| Info Yatirim AS (INFO) | $22.97 Million | 0.00% | 0.41x | $63.92 Million |
| Is Yatirim Menkul Degerler AS (ISMEN) | $97.88 Million | 11.58% | 0.10x | $648.25 Million |