Cimsa Cimento Sanayi ve Ticaret AS
Çimsa Çimento Sanayi ve Ticaret A.S. engages in the production and sale of cement and building materials primarily in Turkey. It offers white, gray, and aluminate cement products; and ready mix concrete, as well as refactory, construction chemical, aggregate, and iron and steel products. The company was incorporated in 1972 and is headquartered in Istanbul, Turkey. Çimsa Çimento Sanayi ve Ticaret… Read more
Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) - Net Assets
Latest net assets as of June 2025: TL37.95 Billion TRY
Based on the latest financial reports, Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) has net assets worth TL37.95 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 (TL81.18 Billion) and total liabilities (TL43.23 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 | TL37.95 Billion |
| % of Total Assets | 46.75% |
| Annual Growth Rate | -27.53% |
| 5-Year Change | 1642.24% |
| 10-Year Change | 2381.37% |
| Growth Volatility | 67.46 |
Cimsa Cimento Sanayi ve Ticaret AS - Net Assets Trend (2000–2024)
This chart illustrates how Cimsa Cimento Sanayi ve Ticaret 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 Cimsa Cimento Sanayi ve Ticaret AS (2000–2024)
The table below shows the annual net assets of Cimsa Cimento Sanayi ve Ticaret AS from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL32.04 Billion | +36.71% |
| 2023-12-31 | TL23.43 Billion | +283.63% |
| 2022-12-31 | TL6.11 Billion | +120.30% |
| 2021-12-31 | TL2.77 Billion | +50.79% |
| 2020-12-31 | TL1.84 Billion | +23.76% |
| 2019-12-31 | TL1.49 Billion | +2.36% |
| 2018-12-31 | TL1.45 Billion | +2.05% |
| 2017-12-31 | TL1.42 Billion | +4.66% |
| 2016-12-31 | TL1.36 Billion | +5.26% |
| 2015-12-31 | TL1.29 Billion | +10.38% |
| 2014-12-31 | TL1.17 Billion | +3.84% |
| 2013-12-31 | TL1.13 Billion | +9.01% |
| 2012-12-31 | TL1.03 Billion | +19.90% |
| 2011-12-31 | TL861.94 Million | -2.03% |
| 2010-12-31 | TL879.81 Million | -5.61% |
| 2009-12-31 | TL932.10 Million | +22.82% |
| 2008-12-31 | TL758.91 Million | -18.09% |
| 2007-12-31 | TL926.57 Million | +31.86% |
| 2006-12-31 | TL702.70 Million | +11.72% |
| 2005-12-31 | TL628.96 Million | +21.85% |
| 2004-12-31 | TL516.19 Million | -100.00% |
| 2003-12-31 | TL404.93 Trillion | +119.45% |
| 2002-12-31 | TL184.52 Trillion | +49.51% |
| 2001-12-31 | TL123.42 Trillion | +69.74% |
| 2000-12-31 | TL72.71 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cimsa Cimento 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 2123577300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL21.24 Billion | 85.82% |
| Other Components | TL3.51 Billion | 14.18% |
| Total Equity | TL24.75 Billion | 100.00% |
Cimsa Cimento Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Cimsa Cimento Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Aidea Pharmaceutical Co Ltd
SHG:688488
|
$472.78 Million |
|
Mingchen Health Co Ltd Class A
SHE:002919
|
$472.78 Million |
|
Sanxiang Co Ltd
SHE:000863
|
$472.85 Million |
|
Hubeiyichang Transportation Group Co Ltd
SHE:002627
|
$472.92 Million |
|
Citycon Oyj
PINK:COYJF
|
$472.76 Million |
|
Integra Resources Corp
NYSE MKT:ITRG
|
$472.71 Million |
|
Azad Engineering Limited
NSE:AZAD
|
$472.70 Million |
|
Qingdao Eastsoft Communic Tech
SHE:300183
|
$472.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cimsa Cimento Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,564,643,000 to 24,745,298,000, a change of 6,180,655,000 (33.3%).
- Net income of 2,687,840,000 contributed positively to equity growth.
- Dividend payments of 1,216,100,000 reduced retained earnings.
- Other factors increased equity by 4,708,915,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL2.69 Billion | +10.86% |
| Dividends Paid | TL1.22 Billion | -4.91% |
| Other Changes | TL4.71 Billion | +19.03% |
| Total Change | TL- | 33.29% |
Book Value vs Market Value Analysis
This analysis compares Cimsa Cimento 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: 1.86x
- 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 5.07x to 1.86x 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 | TL9.59 | TL48.60 | x |
| 2018-12-31 | TL9.82 | TL48.60 | x |
| 2019-12-31 | TL10.27 | TL48.60 | x |
| 2020-12-31 | TL11.70 | TL48.60 | x |
| 2021-12-31 | TL18.47 | TL48.60 | x |
| 2022-12-31 | TL42.31 | TL48.60 | x |
| 2023-12-31 | TL19.63 | TL48.60 | x |
| 2024-12-31 | TL26.17 | TL48.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cimsa Cimento 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): 10.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.55%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.73x
- Recent ROE (10.86%) is below the historical average (18.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 12.60% | 22.06% | 0.51x | 1.12x | TL13.43 Million |
| 2005 | 17.41% | 30.58% | 0.40x | 1.43x | TL46.61 Million |
| 2006 | 19.37% | 26.85% | 0.52x | 1.39x | TL65.83 Million |
| 2007 | 31.33% | 50.48% | 0.51x | 1.22x | TL197.62 Million |
| 2008 | 10.03% | 12.47% | 0.56x | 1.43x | TL264.20K |
| 2009 | 11.60% | 17.58% | 0.51x | 1.29x | TL14.92 Million |
| 2010 | 11.85% | 14.63% | 0.62x | 1.30x | TL16.18 Million |
| 2011 | 14.40% | 15.40% | 0.64x | 1.46x | TL37.68 Million |
| 2012 | 11.67% | 13.46% | 0.55x | 1.59x | TL16.49 Million |
| 2013 | 27.97% | 31.70% | 0.66x | 1.33x | TL194.22 Million |
| 2014 | 17.26% | 17.63% | 0.73x | 1.35x | TL81.16 Million |
| 2015 | 20.66% | 20.94% | 0.59x | 1.67x | TL126.56 Million |
| 2016 | 19.67% | 21.02% | 0.46x | 2.03x | TL120.92 Million |
| 2017 | 17.64% | 15.32% | 0.46x | 2.50x | TL98.87 Million |
| 2018 | 11.68% | 9.11% | 0.49x | 2.63x | TL22.32 Million |
| 2019 | 0.95% | 0.76% | 0.46x | 2.72x | TL-125.62 Million |
| 2020 | 11.12% | 8.46% | 0.40x | 3.25x | TL17.69 Million |
| 2021 | 40.75% | 27.14% | 0.71x | 2.10x | TL767.12 Million |
| 2022 | 60.04% | 39.99% | 0.74x | 2.03x | TL2.86 Billion |
| 2023 | 19.37% | 12.15% | 0.77x | 2.07x | TL1.74 Billion |
| 2024 | 10.86% | 9.55% | 0.42x | 2.73x | TL213.31 Million |
Industry Comparison
This section compares Cimsa Cimento Sanayi ve Ticaret AS's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $761,194,426
- Average return on equity (ROE) among peers: 7.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) | TL37.95 Billion | 12.60% | 1.14x | $472.76 Million |
| Afyon Cimento Sanayi TAS (AFYON) | $228.86 Million | 23.60% | 2.45x | $91.86 Million |
| Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) | $3.67 Billion | 41.47% | 1.20x | $223.63 Million |
| Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) | $464.37 Million | 5.58% | 0.43x | $8.13 Million |
| Bogazici Beton Sanayi ve Ticaret AS (BOBET) | $370.98 Million | 7.98% | 1.84x | $63.02 Million |
| Batisoke Soke Cimento Sanayi TAS (BSOKE) | $217.16 Million | -7.95% | 2.02x | $1.22 Billion |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $425.08 Million | 3.55% | 0.23x | $701.78 Million |
| Bursa Cimento Fabrikasi AS (BUCIM) | $242.77 Million | 0.00% | 0.22x | $118.62 Million |
| Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) | $31.82 Million | 0.00% | 0.62x | $6.37 Million |
| Cimentas Izmir Cimento Fabrikasi TAS (CMENT) | $1.20 Billion | -6.88% | 0.41x | $22.57 Million |