Creditwest Faktoring AS (CRDFA) - Net Assets

Latest as of March 2025: TL595.47 Million TRY ≈ $13.34 Million USD

Based on the latest financial reports, Creditwest Faktoring AS (CRDFA) has net assets worth TL595.47 Million TRY (≈ $13.34 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.97 Billion ≈ $44.12 Million USD) and total liabilities (TL1.37 Billion ≈ $30.79 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) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL595.47 Million
% of Total Assets	30.23%
Annual Growth Rate	17.14%
5-Year Change	199.59%
10-Year Change	243.39%
Growth Volatility	15.55

Creditwest Faktoring AS - Net Assets Trend (2003–2024)

This chart illustrates how Creditwest Faktoring AS's net assets have evolved over time, based on quarterly financial data. Also explore CRDFA asset base for the complete picture of this company's asset base.

Annual Net Assets for Creditwest Faktoring AS (2003–2024)

The table below shows the annual net assets of Creditwest Faktoring AS from 2003 to 2024. For live valuation and market cap data, see market value of Creditwest Faktoring AS.

Year	Net Assets	Change
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 11944034300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	TL119.44 Million	23.50%
Other Components	TL388.74 Million	76.50%
Total Equity	TL508.18 Million	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
CARGO Therapeutics, Inc. Common Stock NASDAQ:CRGX	$216.19 Million
Re Max Holding NYSE:RMAX	$216.21 Million
Orchestra BioMed Holdings Inc. NASDAQ:OBIO	$216.26 Million
UJU Electronics Co. Ltd KQ:065680	$216.27 Million
New Era Energy & Digital, Inc. NASDAQ:NUAI	$215.93 Million
Virginia National Bankshares Corp NASDAQ:VABK	$215.91 Million
AurosTechnology Inc. KQ:322310	$215.88 Million
Red Hill Minerals Ltd AU:RHI	$215.87 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 2023 to 2024, total equity changed from 376,201,950 to 508,180,143, a change of 131,978,193 (35.1%).
Net income of 119,380,370 contributed positively to equity growth.
Other factors increased equity by 12,597,823.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL119.38 Million	+23.49%
Other Changes	TL12.60 Million	+2.48%
Total Change	TL-	35.08%

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: 6.33x
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 17.08x to 6.33x 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	TL32.16	x
2018-12-31	TL1.64	TL32.16	x
2019-12-31	TL1.93	TL32.16	x
2020-12-31	TL2.12	TL32.16	x
2021-12-31	TL2.84	TL32.16	x
2022-12-31	TL2.60	TL32.16	x
2023-12-31	TL3.76	TL32.16	x
2024-12-31	TL5.08	TL32.16	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): 23.49%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.73%
• Asset Turnover: 0.44x
• Equity Multiplier: 2.86x
Recent ROE (23.49%) is above the historical average (19.47%), 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

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: $478,676,000
Average return on equity (ROE) among peers: 22.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Creditwest Faktoring AS (CRDFA)	TL595.47 Million	10.08%	2.31x	$216.09 Million
Garanti Faktoring AS (GARFA)	$345.11 Million	38.23%	11.62x	$250.35 Million
Is Finansal Kiralama AS (ISFIN)	$830.20 Million	12.49%	8.01x	$311.46 Million
Lider Faktoring AS (LIDFA)	$1.11 Billion	51.04%	2.91x	$41.52 Million
Seker Finansal Kiralama AS (SEKFK)	$40.45 Million	12.25%	4.19x	$24.79 Million
Vakif Finansal Kiralama AS (VAKFN)	$67.87 Million	0.00%	4.09x	$204.94 Million

About Creditwest Faktoring AS

IS:CRDFA Turkey Credit Services

Market Cap

$216.09 Million

TL9.65 Billion TRY

Market Cap Rank

#16238 Global

#193 in Turkey

Share Price

TL32.16

Change (1 day)

-0.62%

52-Week Range

TL9.03 - TL85.10

All Time High

TL85.10