CW Enerji SA
CW Enerji Mühendislik Ticaret ve Sanayi Anonim Sirketi operates in the photovoltaic power generation sector in Turkey. It provides solar panels; solar packs; heating, cooling, and hot water products; inverters; solar equipment; electric vehicle chargers; charge controllers; energy storage solutions; and solar lighting solutions. The company also offers solar powered camera systems and signages, L… Read more
CW Enerji SA (CWENE) - Net Assets
Latest net assets as of December 2025: TL13.95 Billion TRY
Based on the latest financial reports, CW Enerji SA (CWENE) has net assets worth TL13.95 Billion TRY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL28.63 Billion) and total liabilities (TL14.68 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 | TL13.95 Billion |
| % of Total Assets | 48.72% |
| Annual Growth Rate | 27.8% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.16 |
CW Enerji SA - Net Assets Trend (2023–2025)
This chart illustrates how CW Enerji SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CW Enerji SA (2023–2025)
The table below shows the annual net assets of CW Enerji SA from 2023 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL13.95 Billion | +20.86% |
| 2024-12-31 | TL11.54 Billion | +35.17% |
| 2023-12-31 | TL8.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CW Enerji SA'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 98.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL7.03 Billion | 50.38% |
| Other Components | TL6.92 Billion | 49.62% |
| Total Equity | TL13.95 Billion | 100.00% |
CW Enerji SA Competitors by Market Cap
The table below lists competitors of CW Enerji SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Software Service, Inc.
PINK:SFSVF
|
$242.44 Million |
|
Ld Intelligent Technology Co Ltd
SHE:300883
|
$242.47 Million |
|
Electrovaya Inc.
NASDAQ:ELVA
|
$242.48 Million |
|
Key Ware Electronics Co Ltd
TWO:5498
|
$242.49 Million |
|
V.S.T Tillers Tractors Limited
NSE:VSTTILLERS
|
$242.35 Million |
|
Ponsse Oyj
PINK:PSSEF
|
$242.20 Million |
|
Yunnan Coal & Energy Co Ltd
SHG:600792
|
$242.15 Million |
|
Villeroy & Boch AG
XETRA:VIB3
|
$242.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CW Enerji SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,541,972,020 to 13,949,752,508, a change of 2,407,780,488 (20.9%).
- Net income of 2,215,087,500 contributed positively to equity growth.
- Other factors increased equity by 192,692,988.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL2.22 Billion | +15.88% |
| Other Changes | TL192.69 Million | +1.38% |
| Total Change | TL- | 20.86% |
Book Value vs Market Value Analysis
This analysis compares CW Enerji SA'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: 2.29x
- 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 3.46x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | TL8.54 | TL29.58 | x |
| 2024-12-31 | TL11.54 | TL29.58 | x |
| 2025-12-31 | TL12.94 | TL29.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CW Enerji SA 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): 15.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.54%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.05x
- Recent ROE (15.88%) is above the historical average (8.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 6.40% | 3.29% | 1.12x | 1.74x | TL-307.08 Million |
| 2024 | 4.14% | 3.47% | 0.68x | 1.76x | TL-676.13 Million |
| 2025 | 15.88% | 13.54% | 0.57x | 2.05x | TL820.11 Million |
Industry Comparison
This section compares CW Enerji SA's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $75,447,024
- Average return on equity (ROE) among peers: 40.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CW Enerji SA (CWENE) | TL13.95 Billion | 6.40% | 1.05x | $242.41 Million |
| Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) | $57.91 Million | 67.04% | 2.13x | $90.94 Million |
| Metemtur Yatırım Enerji Turizm ve İnşaat A.Ş. (METUR) | $13.38 Million | 0.00% | 1.28x | $119.76 Million |
| Naturel Yenilenebilir Enerji Ticare (NATEN) | $213.74 Million | 31.71% | 1.65x | $43.70 Million |
| Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) | $16.75 Million | 62.14% | 22.68x | $4.93 Million |