BVS AS
Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi manufactures and sells cranes and custom-designed machinery. It offers travelling cranes, gantry cranes, process cranes, lifting groups, jib cranes, and crane equipment, as well as provides technical services, spare parts, control, and inspection services for the steel, energy, automotive, shipyards and ports, mining, and industrial production indu… Read more
BVS AS (BVSAN) - Net Assets
Latest net assets as of : TL- TRY
Based on the latest financial reports, BVS AS (BVSAN) 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 | 46.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.38 |
BVS AS - Net Assets Trend (2019–2021)
This chart illustrates how BVS 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 BVS AS (2019–2021)
The table below shows the annual net assets of BVS AS from 2019 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | TL70.95 Million | +50.53% |
| 2020-12-31 | TL47.13 Million | +41.77% |
| 2019-12-31 | TL33.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BVS 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 grown by 286.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL25.61 Million | 41.12% |
| Other Components | TL36.68 Million | 58.88% |
| Total Equity | TL62.29 Million | 100.00% |
BVS AS Competitors by Market Cap
The table below lists competitors of BVS AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhen Yu Hardware Co., Ltd.
TWO:2947
|
$21.12 Million |
|
Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares
NASDAQ:AZI
|
$21.12 Million |
|
Lay Hong Bhd
KLSE:9385
|
$21.12 Million |
|
Bexil Cp
PINK:BXLC
|
$21.12 Million |
|
Sand Nisko Capital Bhd
KLSE:7943
|
$21.12 Million |
|
Frontier Energy Limited
OTCQB:FRHYF
|
$21.12 Million |
|
Pudumjee Paper Products Limited
NSE:PDMJEPAPER
|
$21.12 Million |
|
CLARANOVA SE EO 1
F:BV51
|
$21.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BVS AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 37,952,558 to 62,289,342, a change of 24,336,784 (64.1%).
- Net income of 28,761,780 contributed positively to equity growth.
- Other factors decreased equity by 4,424,996.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL28.76 Million | +46.17% |
| Other Changes | TL-4.42 Million | -7.1% |
| Total Change | TL- | 64.12% |
Book Value vs Market Value Analysis
This analysis compares BVS 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: 64.59x
- 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 122.72x to 64.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | TL0.87 | TL107.00 | x |
| 2020-12-31 | TL1.01 | TL107.00 | x |
| 2021-12-31 | TL1.66 | TL107.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BVS 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): 46.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.69%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 9.63x
- Recent ROE (46.17%) is above the historical average (26.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.17% | 1.95% | 1.21x | 6.88x | TL2.02 Million |
| 2020 | 17.52% | 2.41% | 0.79x | 9.15x | TL2.85 Million |
| 2021 | 46.17% | 5.69% | 0.84x | 9.63x | TL22.53 Million |
Industry Comparison
This section compares BVS AS's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $136,213,744
- Average return on equity (ROE) among peers: -7.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BVS AS (BVSAN) | TL- | 16.17% | N/A | $21.12 Million |
| Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS (KATMR) | $240.01 Million | -15.62% | 3.60x | $142.06 Million |
| Tumosan Motor ve Traktor Sanayi AS (TMSN) | $32.41 Million | 0.00% | 1.51x | $62.58 Million |