Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) - Net Assets
Based on the latest financial reports, Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) has net assets worth TL6.40 Billion TRY (≈ $143.25 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL8.84 Billion ≈ $197.98 Million USD) and total liabilities (TL2.44 Billion ≈ $54.73 Million USD). 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. Check how resilient are Cemtas Celik Makina Sanayi ve Ticaret AS's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL6.40 Billion |
| % of Total Assets | 72.35% |
| Annual Growth Rate | 23.87% |
| 5-Year Change | 774.54% |
| 10-Year Change | 2713.98% |
| Growth Volatility | 43.4 |
Cemtas Celik Makina Sanayi ve Ticaret AS - Net Assets Trend (2005–2024)
This chart illustrates how Cemtas Celik Makina Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore how large is Cemtas Celik Makina Sanayi ve Ticaret AS's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Cemtas Celik Makina Sanayi ve Ticaret AS (2005–2024)
The table below shows the annual net assets of Cemtas Celik Makina Sanayi ve Ticaret AS from 2005 to 2024. For live valuation and market cap data, see CEMTS market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL5.18 Billion ≈ $115.98 Million |
-2.01% |
| 2023-12-31 | TL5.28 Billion ≈ $118.36 Million |
+180.08% |
| 2022-12-31 | TL1.89 Billion ≈ $42.26 Million |
+93.42% |
| 2021-12-31 | TL975.49 Million ≈ $21.85 Million |
+64.75% |
| 2020-12-31 | TL592.12 Million ≈ $13.26 Million |
+25.43% |
| 2019-12-31 | TL472.06 Million ≈ $10.57 Million |
+10.42% |
| 2018-12-31 | TL427.52 Million ≈ $9.58 Million |
+48.00% |
| 2017-12-31 | TL288.86 Million ≈ $6.47 Million |
+38.54% |
| 2016-12-31 | TL208.50 Million ≈ $4.67 Million |
+13.30% |
| 2015-12-31 | TL184.02 Million ≈ $4.12 Million |
+0.74% |
| 2014-12-31 | TL182.68 Million ≈ $4.09 Million |
+7.18% |
| 2013-12-31 | TL170.44 Million ≈ $3.82 Million |
+8.38% |
| 2012-12-31 | TL157.26 Million ≈ $3.52 Million |
+2.25% |
| 2011-12-31 | TL153.81 Million ≈ $3.44 Million |
+18.27% |
| 2010-12-31 | TL130.05 Million ≈ $2.91 Million |
-9.82% |
| 2009-12-31 | TL144.21 Million ≈ $3.23 Million |
-3.84% |
| 2008-12-31 | TL149.97 Million ≈ $3.36 Million |
+11.05% |
| 2007-12-31 | TL135.04 Million ≈ $3.02 Million |
+21.20% |
| 2006-12-31 | TL111.42 Million ≈ $2.50 Million |
+25.67% |
| 2005-12-31 | TL88.66 Million ≈ $1.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cemtas Celik Makina Sanayi ve Ticaret 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 7554.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.75 Billion | 33.71% |
| Other Components | TL3.43 Billion | 66.29% |
| Total Equity | TL5.18 Billion | 100.00% |
Cemtas Celik Makina Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Cemtas Celik Makina Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lumi Gruppen AS
OL:LUMI
|
$121.73 Million |
|
Axcen Photonics
TWO:6530
|
$121.75 Million |
|
M.C.S. Steel Public Company Limited
BK:MCS
|
$121.92 Million |
|
EUROZ Hartleys Group Ltd
AU:EZL
|
$121.95 Million |
|
Moorim P&P Co Ltd
KO:009580
|
$121.72 Million |
|
e-Credible Co. Ltd
KQ:092130
|
$121.69 Million |
|
Admiral Group PLC
LSE:ADM
|
$121.69 Million |
|
FinLab AG
F:A7A
|
$121.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cemtas Celik Makina Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,284,730,211 to 5,178,258,606, a change of -106,471,605 (-2.0%).
- Net loss of 29,826,841 reduced equity.
- Dividend payments of 94,107,750 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-29.83 Million | -0.58% |
| Dividends Paid | TL94.11 Million | -1.82% |
| Other Changes | TL17.46 Million | +0.34% |
| Total Change | TL- | -2.01% |
Book Value vs Market Value Analysis
This analysis compares Cemtas Celik Makina Sanayi ve Ticaret 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: 1.05x
- 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 3.80x to 1.05x 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 | TL2.86 | TL10.87 | x |
| 2018-12-31 | TL4.23 | TL10.87 | x |
| 2019-12-31 | TL4.68 | TL10.87 | x |
| 2020-12-31 | TL5.86 | TL10.87 | x |
| 2021-12-31 | TL9.66 | TL10.87 | x |
| 2022-12-31 | TL18.69 | TL10.87 | x |
| 2023-12-31 | TL10.57 | TL10.87 | x |
| 2024-12-31 | TL10.36 | TL10.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cemtas Celik Makina Sanayi ve Ticaret 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): -0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.52%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.23x
- Recent ROE (-0.58%) is below the historical average (17.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.66% | 12.22% | 1.12x | 1.08x | TL6.99 Million |
| 2011 | 15.44% | 10.35% | 1.23x | 1.21x | TL8.37 Million |
| 2012 | 5.41% | 4.33% | 1.10x | 1.14x | TL-7.22 Million |
| 2013 | 7.94% | 6.10% | 1.12x | 1.16x | TL-3.51 Million |
| 2014 | 8.50% | 6.03% | 1.19x | 1.19x | TL-2.74 Million |
| 2015 | 4.20% | 3.01% | 1.07x | 1.30x | TL-10.68 Million |
| 2016 | 13.76% | 9.67% | 1.01x | 1.40x | TL7.85 Million |
| 2017 | 31.49% | 19.93% | 1.02x | 1.55x | TL62.08 Million |
| 2018 | 34.21% | 19.13% | 1.43x | 1.25x | TL103.52 Million |
| 2019 | 11.96% | 8.15% | 1.25x | 1.17x | TL9.25 Million |
| 2020 | 23.45% | 17.61% | 1.13x | 1.18x | TL79.61 Million |
| 2021 | 41.35% | 26.70% | 1.27x | 1.22x | TL305.78 Million |
| 2022 | 50.58% | 28.85% | 1.45x | 1.21x | TL765.75 Million |
| 2023 | 2.26% | 1.65% | 1.18x | 1.15x | TL-409.21 Million |
| 2024 | -0.58% | -0.52% | 0.91x | 1.23x | TL-547.65 Million |
Industry Comparison
This section compares Cemtas Celik Makina Sanayi ve Ticaret AS's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,636,118,205
- Average return on equity (ROE) among peers: 14.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) | TL6.40 Billion | 14.66% | 0.38x | $121.73 Million |
| Ayes Celik Hasir ve Cit Sanayi AS (AYES) | $199.59 Million | 58.28% | 2.12x | $104.15 Million |
| BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) | $332.07 Million | 19.00% | 0.53x | $42.38 Million |
| Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) | $942.75 Million | 1.79% | 0.74x | $282.71 Million |
| Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) | $2.77 Billion | 10.22% | 1.46x | $1.97 Billion |
| Borusan Yatirim ve Pazarlama AS (BRYAT) | $2.24 Billion | 3.02% | 0.05x | $1.36 Billion |
| Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) | $4.47 Billion | 10.59% | 1.60x | $181.27 Million |
| Erciyas Celik Boru Sanayi A.S. (ERCB) | $543.39 Million | 0.00% | 2.32x | $104.51 Million |
| Eregli Demir ve Celik Fabrikalari TAS (EREGL) | $6.69 Billion | 11.45% | 1.02x | $5.67 Billion |
| Iskenderun Demir ve Celik AS (ISDMR) | $5.54 Billion | 18.00% | 0.43x | $3.44 Billion |
About Cemtas Celik Makina Sanayi ve Ticaret AS
Çemtas Çelik Makina Sanayi ve Ticaret A.S. produces and sell steel products in Turkey. The company offers specialty steel products, including spring steel flat, peeled round, and hot rolled round bars in various steel qualities, consisting of spring, carbon, quench and tempering, micro alloy, boron, case hardening, free cutting, stainless, carbon toll and bearing, and structural steel. It also pr… Read more