Coca-Cola Icecek AS
Coca-Cola Içecek Anonim Sirketi, together with its subsidiaries, engages in the production, sale, and distribution of sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, and the Middle East. The company offers soft drinks, fruit juice, iced teas, water and sparkling water, sports and energy drinks, and coffee. It sells its products under the Coca-Cola, Coca-Cola Zero Suga… Read more
Coca-Cola Icecek AS (CCOLA) - Net Assets
Latest net assets as of December 2025: TL86.63 Billion TRY
Based on the latest financial reports, Coca-Cola Icecek AS (CCOLA) has net assets worth TL86.63 Billion TRY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL190.78 Billion) and total liabilities (TL104.15 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 | TL86.63 Billion |
| % of Total Assets | 45.41% |
| Annual Growth Rate | 25.77% |
| 5-Year Change | 478.68% |
| 10-Year Change | 1633.6% |
| Growth Volatility | 22.63 |
Coca-Cola Icecek AS - Net Assets Trend (2003–2025)
This chart illustrates how Coca-Cola Icecek 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 Coca-Cola Icecek AS (2003–2025)
The table below shows the annual net assets of Coca-Cola Icecek AS from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL86.63 Billion | +40.51% |
| 2024-12-31 | TL61.65 Billion | +37.14% |
| 2023-12-31 | TL44.95 Billion | +97.20% |
| 2022-12-31 | TL22.80 Billion | +52.28% |
| 2021-12-31 | TL14.97 Billion | +71.35% |
| 2020-12-31 | TL8.74 Billion | +18.55% |
| 2019-12-31 | TL7.37 Billion | +14.24% |
| 2018-12-31 | TL6.45 Billion | +18.59% |
| 2017-12-31 | TL5.44 Billion | +8.86% |
| 2016-12-31 | TL5.00 Billion | +20.65% |
| 2015-12-31 | TL4.14 Billion | +22.78% |
| 2014-12-31 | TL3.37 Billion | +17.47% |
| 2013-12-31 | TL2.87 Billion | +50.01% |
| 2012-12-31 | TL1.91 Billion | +14.61% |
| 2011-12-31 | TL1.67 Billion | +16.38% |
| 2010-12-31 | TL1.44 Billion | +13.00% |
| 2009-12-31 | TL1.27 Billion | +14.60% |
| 2008-12-31 | TL1.11 Billion | +19.88% |
| 2007-12-31 | TL924.42 Million | +5.21% |
| 2006-12-31 | TL878.63 Million | +19.81% |
| 2005-12-31 | TL733.35 Million | +35.13% |
| 2004-12-31 | TL542.70 Million | -2.76% |
| 2003-12-31 | TL558.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coca-Cola Icecek 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 29770.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL99.54 Billion | 131.25% |
| Total Equity | TL75.84 Billion | 100.00% |
Coca-Cola Icecek AS Competitors by Market Cap
The table below lists competitors of Coca-Cola Icecek AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fluence Energy Inc
NASDAQ:FLNC
|
$1.60 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
$1.60 Billion |
|
Monadelphous Group Ltd
F:8MP
|
$1.60 Billion |
|
VEIDEKKE ASA NK 050
F:VK4
|
$1.60 Billion |
|
BillionToOne, Inc. Class A Common Stock
NASDAQ:BLLN
|
$1.60 Billion |
|
Westgold Resources Limited
PINK:WGXRF
|
$1.60 Billion |
|
Kojamo
HE:KOJAMO
|
$1.60 Billion |
|
Chenbro Micom Co Ltd
TW:8210
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coca-Cola Icecek AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 53,704,176,000 to 75,839,768,000, a change of 22,135,592,000 (41.2%).
- Net income of 14,072,351,000 contributed positively to equity growth.
- Dividend payments of 3,530,212,000 reduced retained earnings.
- Other factors increased equity by 11,593,453,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL14.07 Billion | +18.56% |
| Dividends Paid | TL3.53 Billion | -4.65% |
| Other Changes | TL11.59 Billion | +15.29% |
| Total Change | TL- | 41.22% |
Book Value vs Market Value Analysis
This analysis compares Coca-Cola Icecek 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: 2.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.83x to 2.60x 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 | TL18.40 | TL70.40 | x |
| 2018-12-31 | TL22.09 | TL70.40 | x |
| 2019-12-31 | TL25.61 | TL70.40 | x |
| 2020-12-31 | TL30.12 | TL70.40 | x |
| 2021-12-31 | TL51.32 | TL70.40 | x |
| 2022-12-31 | TL79.30 | TL70.40 | x |
| 2023-12-31 | TL154.45 | TL70.40 | x |
| 2024-12-31 | TL19.19 | TL70.40 | x |
| 2025-12-31 | TL27.10 | TL70.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coca-Cola Icecek 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): 18.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.52%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 2.52x
- Recent ROE (18.56%) is above the historical average (16.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 20.61% | 12.45% | 1.10x | 1.50x | TL59.21 Million |
| 2004 | 4.37% | 2.20% | 1.46x | 1.37x | TL-30.57 Million |
| 2005 | 11.62% | 6.63% | 0.96x | 1.82x | TL10.98 Million |
| 2006 | 10.05% | 5.19% | 1.13x | 1.71x | TL393.10K |
| 2007 | 16.87% | 7.98% | 1.15x | 1.84x | TL62.57 Million |
| 2008 | 7.41% | 3.60% | 0.92x | 2.23x | TL-28.37 Million |
| 2009 | 13.53% | 7.04% | 0.84x | 2.28x | TL44.24 Million |
| 2010 | 13.94% | 7.18% | 0.91x | 2.13x | TL55.92 Million |
| 2011 | 8.50% | 4.12% | 0.90x | 2.30x | TL-24.72 Million |
| 2012 | 20.12% | 9.20% | 0.97x | 2.26x | TL191.19 Million |
| 2013 | 18.99% | 9.42% | 0.74x | 2.72x | TL231.35 Million |
| 2014 | 10.43% | 5.27% | 0.83x | 2.38x | TL12.95 Million |
| 2015 | 3.25% | 1.74% | 0.75x | 2.48x | TL-243.74 Million |
| 2016 | -0.66% | -0.40% | 0.67x | 2.43x | TL-458.91 Million |
| 2017 | 5.02% | 2.79% | 0.64x | 2.83x | TL-235.95 Million |
| 2018 | 5.82% | 3.08% | 0.76x | 2.49x | TL-235.17 Million |
| 2019 | 14.82% | 7.89% | 0.77x | 2.45x | TL314.27 Million |
| 2020 | 16.09% | 8.57% | 0.75x | 2.50x | TL466.43 Million |
| 2021 | 17.40% | 10.36% | 0.67x | 2.51x | TL965.89 Million |
| 2022 | 21.47% | 8.09% | 0.91x | 2.91x | TL2.31 Billion |
| 2023 | 75.63% | 20.37% | 1.32x | 2.80x | TL25.78 Billion |
| 2024 | 36.10% | 10.76% | 1.21x | 2.76x | TL14.02 Billion |
| 2025 | 18.56% | 7.52% | 0.98x | 2.52x | TL6.49 Billion |
Industry Comparison
This section compares Coca-Cola Icecek AS's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $789,658,575
- Average return on equity (ROE) among peers: 10.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coca-Cola Icecek AS (CCOLA) | TL86.63 Billion | 20.61% | 1.20x | $1.60 Billion |
| Anadolu Efes Biracilik ve Malt Sanayi AS (AEFES) | $2.82 Billion | 17.89% | 0.99x | $2.63 Billion |
| Elite Naturel Organik Gida Sanayi ve Ticaret AS (ELITE) | $236.40 Million | 15.91% | 0.84x | $28.89 Million |
| Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL) | $37.01 Million | 0.00% | 0.26x | $42.70 Million |
| Pinar Su Sanayi ve Ticaret AS (PINSU) | $70.22 Million | 8.58% | 0.26x | $28.16 Million |