Creditwest Faktoring AS (CRDFA) - Net Assets
Based on the latest financial reports, Creditwest Faktoring AS (CRDFA) has net assets worth TL2.64 Billion TRY (≈ $59.15 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.91 Billion ≈ $109.91 Million USD) and total liabilities (TL2.27 Billion ≈ $50.76 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 Creditwest Faktoring AS (CRDFA) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL2.64 Billion |
| % of Total Assets | 53.81% |
| Annual Growth Rate | 22.02% |
| 5-Year Change | 543.32% |
| 10-Year Change | 873.87% |
| Growth Volatility | 38.37 |
Creditwest Faktoring AS - Net Assets Trend (2003–2025)
This chart illustrates how Creditwest Faktoring AS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Creditwest Faktoring AS (CRDFA) market capitalisation.
Annual Net Assets for Creditwest Faktoring AS (2003–2025)
The table below shows the annual net assets of Creditwest Faktoring AS from 2003 to 2025. Also explore Creditwest Faktoring AS net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL1.46 Billion ≈ $32.71 Million |
+187.36% |
| 2024-12-31 | TL508.18 Million ≈ $11.38 Million |
+35.08% |
| 2023-12-31 | TL376.20 Million ≈ $8.43 Million |
+44.52% |
| 2022-12-31 | TL260.30 Million ≈ $5.83 Million |
+14.67% |
| 2021-12-31 | TL226.99 Million ≈ $5.08 Million |
+33.82% |
| 2020-12-31 | TL169.63 Million ≈ $3.80 Million |
+10.04% |
| 2019-12-31 | TL154.15 Million ≈ $3.45 Million |
+17.67% |
| 2018-12-31 | TL131.00 Million ≈ $2.93 Million |
-13.04% |
| 2017-12-31 | TL150.64 Million ≈ $3.37 Million |
+0.46% |
| 2016-12-31 | TL149.95 Million ≈ $3.36 Million |
+1.32% |
| 2015-12-31 | TL147.99 Million ≈ $3.31 Million |
-1.60% |
| 2014-12-31 | TL150.39 Million ≈ $3.37 Million |
-5.45% |
| 2013-12-31 | TL159.06 Million ≈ $3.56 Million |
+12.91% |
| 2012-12-31 | TL140.87 Million ≈ $3.16 Million |
+19.58% |
| 2011-12-31 | TL117.81 Million ≈ $2.64 Million |
+26.80% |
| 2010-12-31 | TL92.91 Million ≈ $2.08 Million |
+38.84% |
| 2009-12-31 | TL66.92 Million ≈ $1.50 Million |
+27.58% |
| 2008-12-31 | TL52.45 Million ≈ $1.17 Million |
+17.92% |
| 2007-12-31 | TL44.48 Million ≈ $996.21K |
+19.35% |
| 2006-12-31 | TL37.27 Million ≈ $834.73K |
+36.06% |
| 2005-12-31 | TL27.39 Million ≈ $613.51K |
+34.45% |
| 2004-12-31 | TL20.37 Million ≈ $456.32K |
+11.21% |
| 2003-12-31 | TL18.32 Million ≈ $410.34K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Creditwest Faktoring 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 91631061000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL916.31 Million | 62.75% |
| Other Components | TL543.98 Million | 37.25% |
| Total Equity | TL1.46 Billion | 100.00% |
Creditwest Faktoring AS Competitors by Market Cap
The table below lists competitors of Creditwest Faktoring AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Singha Estate Public Company Limited
BK:S-R
|
$113.22 Million |
|
Tiziana Life Sciences Ltd
NASDAQ:TLSA
|
$113.26 Million |
|
Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY
|
$113.27 Million |
|
Kairos Minerals Ltd
AU:KAI
|
$113.27 Million |
|
51Talk Online Education Group
NYSE MKT:COE
|
$113.01 Million |
|
AptaBio Therapeutics Inc
KQ:293780
|
$112.95 Million |
|
Century Land Joint Stock Company
VN:CRE
|
$112.92 Million |
|
Coda Octopus Group Inc
NASDAQ:CODA
|
$112.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Creditwest Faktoring AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 508,180,143 to 1,460,286,222, a change of 952,106,079 (187.4%).
- Net income of 916,250,637 contributed positively to equity growth.
- Other factors increased equity by 35,855,442.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL916.25 Million | +62.74% |
| Other Changes | TL35.86 Million | +2.46% |
| Total Change | TL- | 187.36% |
Book Value vs Market Value Analysis
This analysis compares Creditwest Faktoring 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: 3.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.94x to 3.46x 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 | TL1.88 | TL16.84 | x |
| 2018-12-31 | TL1.64 | TL16.84 | x |
| 2019-12-31 | TL1.93 | TL16.84 | x |
| 2020-12-31 | TL2.12 | TL16.84 | x |
| 2021-12-31 | TL2.84 | TL16.84 | x |
| 2022-12-31 | TL2.60 | TL16.84 | x |
| 2023-12-31 | TL1.25 | TL16.84 | x |
| 2024-12-31 | TL1.69 | TL16.84 | x |
| 2025-12-31 | TL4.87 | TL16.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Creditwest Faktoring 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): 62.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.53%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.20x
- Recent ROE (62.74%) is above the historical average (21.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 10.08% | 20.67% | 0.22x | 2.20x | TL15.60K |
| 2005 | 25.62% | 37.06% | 0.27x | 2.53x | TL4.28 Million |
| 2006 | 28.57% | 34.03% | 0.25x | 3.34x | TL5.39 Million |
| 2007 | 34.02% | 28.61% | 0.23x | 5.27x | TL8.59 Million |
| 2008 | 22.82% | 18.28% | 0.38x | 3.24x | TL5.83 Million |
| 2009 | 25.13% | 28.67% | 0.21x | 4.10x | TL9.12 Million |
| 2010 | 29.70% | 40.88% | 0.16x | 4.56x | TL16.95 Million |
| 2011 | 23.14% | 29.15% | 0.15x | 5.17x | TL14.34 Million |
| 2012 | 23.57% | 28.37% | 0.19x | 4.41x | TL17.48 Million |
| 2013 | 18.14% | 25.47% | 0.15x | 4.89x | TL11.64 Million |
| 2014 | 16.71% | 23.16% | 0.15x | 4.92x | TL10.09 Million |
| 2015 | 18.38% | 21.82% | 0.16x | 5.22x | TL12.40 Million |
| 2016 | 16.93% | 18.83% | 0.18x | 4.91x | TL10.40 Million |
| 2017 | 15.25% | 17.38% | 0.19x | 4.69x | TL7.91 Million |
| 2018 | 18.10% | 15.91% | 0.37x | 3.05x | TL10.61 Million |
| 2019 | 15.05% | 21.67% | 0.23x | 3.02x | TL7.79 Million |
| 2020 | 9.08% | 25.48% | 0.15x | 2.36x | TL-1.56 Million |
| 2021 | 5.96% | 14.00% | 0.16x | 2.58x | TL-9.17 Million |
| 2022 | 11.58% | 19.00% | 0.22x | 2.72x | TL4.12 Million |
| 2023 | 17.57% | 21.34% | 0.32x | 2.54x | TL28.49 Million |
| 2024 | 23.49% | 18.73% | 0.44x | 2.86x | TL68.56 Million |
| 2025 | 62.74% | 88.53% | 0.32x | 2.20x | TL770.22 Million |
Industry Comparison
This section compares Creditwest Faktoring AS's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $7,250,958,511,800
- Average return on equity (ROE) among peers: 6.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Creditwest Faktoring AS (CRDFA) | TL2.64 Billion | 10.08% | 0.86x | $113.15 Million |
| Garanti Faktoring AS (GARFA) | $17.63 Trillion | 12.49% | 4.62x | $219.19 Million |
| Is Finansal Kiralama AS (ISFIN) | $666.82 Million | 11.77% | 5.87x | $288.10 Million |
| Lider Faktoring AS (LIDFA) | $37.78 Million | 0.00% | 4.54x | $20.13 Million |
| Seker Finansal Kiralama AS (SEKFK) | $54.96 Million | 10.17% | 6.29x | $18.19 Million |
| Vakif Finansal Kiralama AS (VAKFN) | $18.63 Trillion | 0.00% | 5.85x | $115.35 Million |
About Creditwest Faktoring AS
Creditwest Faktoring Anonim Sirketi provides factoring services for domestic and international transactions. The company was formerly known as Creditwest Faktoring Hizmetleri A.S. and changed its name to Creditwest Faktoring Anonim Sirketi in July 2012. Creditwest Faktoring Anonim Sirket was founded in 1994 and is headquartered in Istanbul, Turkey.