CATES ELEKTRIK
Çates Elektrik Üretim Anonim Sirketi engages in the production and sale of electricity through its thermal power plant. It also involve in the maintenance and repair work on site. The company was incorporated in 2014 and is based in Mugla, Turkey.
CATES ELEKTRIK (CATES) - Net Assets
Latest net assets as of June 2025: TL9.56 Billion TRY
Based on the latest financial reports, CATES ELEKTRIK (CATES) has net assets worth TL9.56 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 (TL10.70 Billion) and total liabilities (TL1.14 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 | TL9.56 Billion |
| % of Total Assets | 89.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 256.71 |
CATES ELEKTRIK - Net Assets Trend (2021–2025)
This chart illustrates how CATES ELEKTRIK's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CATES ELEKTRIK (2021–2025)
The table below shows the annual net assets of CATES ELEKTRIK from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | TL8.39 Billion | -28.09% |
| 2024-06-30 | TL11.67 Billion | +96.33% |
| 2023-06-30 | TL5.94 Billion | +567.92% |
| 2022-06-30 | TL889.92 Million | +150.62% |
| 2021-06-30 | TL-1.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CATES ELEKTRIK'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 574610036300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.94 Billion | 46.95% |
| Other Components | TL4.45 Billion | 53.05% |
| Total Equity | TL8.39 Billion | 100.00% |
CATES ELEKTRIK Competitors by Market Cap
The table below lists competitors of CATES ELEKTRIK ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Frontier Energy Ltd
AU:FHE
|
$47.63 Million |
|
Dicot Pharma AB
F:KN0
|
$47.64 Million |
|
365330
KQ:365330
|
$47.65 Million |
|
Diamond Biotechnology Co., Ltd
TWO:6815
|
$47.66 Million |
|
Gaia Inc
NASDAQ:GAIA
|
$47.62 Million |
|
Coffee Day Enterprises Limited
NSE:COFFEEDAY
|
$47.61 Million |
|
dynaCERT Inc
PINK:DYFSF
|
$47.61 Million |
|
Immobile
WAR:GKI
|
$47.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CATES ELEKTRIK's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,670,068,941 to 8,392,297,816, a change of -3,277,771,125 (-28.1%).
- Net loss of 3,429,459,869 reduced equity.
- Share repurchases of 5,966,542 reduced equity.
- Other factors increased equity by 157,655,286.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-3.43 Billion | -40.86% |
| Share Repurchases | TL5.97 Million | -0.07% |
| Other Changes | TL157.66 Million | +1.88% |
| Total Change | TL- | -28.09% |
Book Value vs Market Value Analysis
This analysis compares CATES ELEKTRIK'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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | TL-10.64 | TL51.10 | x |
| 2022-06-30 | TL5.39 | TL51.10 | x |
| 2023-06-30 | TL35.98 | TL51.10 | x |
| 2024-06-30 | TL70.64 | TL51.10 | x |
| 2025-06-30 | TL50.80 | TL51.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CATES ELEKTRIK 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): -40.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.53%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.12x
- Recent ROE (-40.86%) is below the historical average (0.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -72.08% | 0.61x | 0.00x | TL-157.21 Million |
| 2022 | -19.10% | -26.94% | 0.16x | 4.33x | TL-258.99 Million |
| 2023 | 42.68% | 39.55% | 0.52x | 2.07x | TL1.94 Billion |
| 2024 | 18.82% | 28.73% | 0.47x | 1.38x | TL1.03 Billion |
| 2025 | -40.86% | -63.53% | 0.57x | 1.12x | TL-4.27 Billion |
Industry Comparison
This section compares CATES ELEKTRIK's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $1,887,691,765
- Average return on equity (ROE) among peers: -1.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CATES ELEKTRIK (CATES) | TL9.56 Billion | 0.00% | 0.12x | $47.62 Million |
| Aksa Enerji Uretim AS (AKSEN) | $3.82 Billion | 8.62% | 1.23x | $544.58 Million |
| Dogu Aras Enerji Yatirimlari AS (ARASE) | $441.63 Million | 48.55% | 2.10x | $147.06 Million |
| Can2 Termik AS (CANTE) | $4.41 Billion | 48.47% | 0.72x | $185.94 Million |
| IZDEMIR Enerji Elektrik Uretim A.S. (IZENR) | $404.03 Million | -79.00% | 3.98x | $256.11 Million |
| Turcas Petrol AS (TRCAS) | $364.67 Million | -34.00% | 2.60x | $136.36 Million |