Celik Halat ve Tel Sanayi AS
Çelik Halat ve Tel Sanayii A.S. produces and supplies steel wire ropes and wires worldwide. The company offers steel wire ropes, such as general purpose ropes, plastic coated core wire ropes, rotation resistant wire ropes, non-rotation resistant wire ropes, marine and mining ropes, pre-stretched elevator wire ropes, fishery and forestry ropes, and oil and gas ropes that are used in the construct… Read more
Celik Halat ve Tel Sanayi AS (CELHA) - Net Assets
Latest net assets as of June 2025: TL3.09 Billion TRY
Based on the latest financial reports, Celik Halat ve Tel Sanayi AS (CELHA) has net assets worth TL3.09 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 (TL5.59 Billion) and total liabilities (TL2.50 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 | TL3.09 Billion |
| % of Total Assets | 55.35% |
| Annual Growth Rate | -32.25% |
| 5-Year Change | 12598.67% |
| 10-Year Change | 9445.88% |
| Growth Volatility | 283.04 |
Celik Halat ve Tel Sanayi AS - Net Assets Trend (2002–2024)
This chart illustrates how Celik Halat ve Tel Sanayi 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 Celik Halat ve Tel Sanayi AS (2002–2024)
The table below shows the annual net assets of Celik Halat ve Tel Sanayi AS from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.05 Billion | +811.64% |
| 2023-12-31 | TL334.60 Million | +1115.09% |
| 2022-12-31 | TL27.54 Million | -46.49% |
| 2021-12-31 | TL51.46 Million | +114.24% |
| 2020-12-31 | TL24.02 Million | -28.26% |
| 2019-12-31 | TL33.48 Million | -39.05% |
| 2018-12-31 | TL54.94 Million | +28.91% |
| 2017-12-31 | TL42.62 Million | +26.90% |
| 2016-12-31 | TL33.58 Million | +5.10% |
| 2015-12-31 | TL31.95 Million | -7.68% |
| 2014-12-31 | TL34.61 Million | +25.88% |
| 2013-12-31 | TL27.50 Million | -8.53% |
| 2012-12-31 | TL30.06 Million | +1.31% |
| 2011-12-31 | TL29.67 Million | -8.76% |
| 2010-12-31 | TL32.52 Million | +5.29% |
| 2009-12-31 | TL30.89 Million | -9.62% |
| 2008-12-31 | TL34.17 Million | +18.49% |
| 2007-12-31 | TL28.84 Million | +2.18% |
| 2006-12-31 | TL28.23 Million | +9.84% |
| 2005-12-31 | TL25.70 Million | +8.63% |
| 2004-12-31 | TL23.66 Million | +12.05% |
| 2003-12-31 | TL21.11 Million | -100.00% |
| 2002-12-31 | TL16.03 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Celik Halat ve Tel Sanayi 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 28762003600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL3.34 Billion | 109.43% |
| Total Equity | TL3.05 Billion | 100.00% |
Celik Halat ve Tel Sanayi AS Competitors by Market Cap
The table below lists competitors of Celik Halat ve Tel Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LPS Brasil - Consultoria de Imóveis S.A
SA:LPSB3
|
$20.57 Million |
|
HEALTH NET
F:HNT
|
$20.58 Million |
|
Titania Holding AB Series B
ST:TITA-B
|
$20.59 Million |
|
KIOCL Limited
NSE:KIOCL
|
$20.59 Million |
|
Marinus Pharmaceuticals Inc
NASDAQ:MRNS
|
$20.57 Million |
|
Metallic Minerals Corp
OTCQB:MMNGF
|
$20.56 Million |
|
Alto Metals Ltd
AU:AME
|
$20.54 Million |
|
Cayenne Entertainment Technology Co. Ltd.
TWO:4946
|
$20.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Celik Halat ve Tel Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 334,595,897 to 3,050,325,118, a change of 2,715,729,221 (811.6%).
- Net loss of 128,293,947 reduced equity.
- New share issuances of 59,533,161 increased equity.
- Other factors increased equity by 2,784,490,007.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-128.29 Million | -4.21% |
| Share Issuances | TL59.53 Million | +1.95% |
| Other Changes | TL2.78 Billion | +91.29% |
| Total Change | TL- | 811.64% |
Book Value vs Market Value Analysis
This analysis compares Celik Halat ve Tel Sanayi 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: 0.90x
- 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 8.94x to 0.90x 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 | TL9.81 | x |
| 2018-12-31 | TL1.41 | TL9.81 | x |
| 2019-12-31 | TL0.86 | TL9.81 | x |
| 2020-12-31 | TL0.62 | TL9.81 | x |
| 2021-12-31 | TL1.24 | TL9.81 | x |
| 2022-12-31 | TL0.66 | TL9.81 | x |
| 2023-12-31 | TL1.48 | TL9.81 | x |
| 2024-12-31 | TL10.84 | TL9.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Celik Halat ve Tel Sanayi 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): -4.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.94%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.51x
- Recent ROE (-4.21%) is below the historical average (7.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 13.51% | 5.15% | 1.44x | 1.83x | TL740.60K |
| 2004 | 10.75% | 3.78% | 1.60x | 1.77x | TL178.10K |
| 2005 | 7.91% | 3.05% | 1.51x | 1.72x | TL-536.30K |
| 2006 | 8.97% | 3.48% | 1.50x | 1.72x | TL-291.20K |
| 2007 | 2.13% | 0.86% | 1.45x | 1.70x | TL-2.27 Million |
| 2008 | 15.68% | 5.30% | 1.43x | 2.07x | TL1.94 Million |
| 2010 | 5.03% | 1.66% | 1.26x | 2.40x | TL-1.62 Million |
| 2012 | 1.30% | 0.32% | 1.66x | 2.43x | TL-2.62 Million |
| 2014 | 22.61% | 4.98% | 1.57x | 2.89x | TL4.36 Million |
| 2015 | 1.99% | 0.45% | 1.26x | 3.47x | TL-2.56 Million |
| 2016 | 6.13% | 1.35% | 1.21x | 3.75x | TL-1.30 Million |
| 2017 | 25.26% | 4.84% | 1.48x | 3.53x | TL6.50 Million |
| 2018 | 33.44% | 5.96% | 1.49x | 3.76x | TL12.88 Million |
| 2019 | -31.20% | -3.36% | 1.30x | 7.16x | TL-13.80 Million |
| 2020 | -33.85% | -2.46% | 1.29x | 10.64x | TL-10.53 Million |
| 2021 | 14.72% | 1.12% | 1.17x | 11.23x | TL2.43 Million |
| 2022 | 33.14% | 0.65% | 1.99x | 25.71x | TL6.37 Million |
| 2023 | 15.81% | 2.19% | 1.62x | 4.45x | TL19.45 Million |
| 2024 | -4.21% | -7.94% | 0.35x | 1.51x | TL-433.33 Million |
Industry Comparison
This section compares Celik Halat ve Tel Sanayi AS's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,265,827,135
- Average return on equity (ROE) among peers: 7.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Celik Halat ve Tel Sanayi AS (CELHA) | TL3.09 Billion | 13.51% | 0.81x | $20.57 Million |
| Burcelik Vana Sanayi ve Ticaret AS (BURVA) | $7.70 Million | 0.00% | 0.52x | $95.26 Million |
| Cemas Dokum Sanayi AS (CEMAS) | $12.72 Million | 0.00% | 0.74x | $64.68 Million |
| Demisas Dokum Emaye Mamulleri Sanayi AS (DMSAS) | $61.06 Million | 8.74% | 2.76x | $28.83 Million |
| Erbosan Erciyas Boru Sanayi Ve Ticaret AS (ERBOS) | $665.67 Million | 29.49% | 0.64x | $91.44 Million |
| KOC METALURJI (KOCMT) | $5.04 Billion | 1.57% | 0.44x | $19.79 Million |
| KIRAC GALVANIZ (TCKRC) | $3.05 Billion | 14.14% | 0.25x | $54.14 Million |
| Tugcelik Aluminyum ve Metal (TUCLK) | $23.79 Million | 0.00% | 2.45x | $12.60 Million |