Denge Yatirim Holding AS
Denge Yatirim Holding A.S. operates in the logistics, real estate, and technology sectors in Turkey and internationally. The company is involved in the production of motion pictures, TV series, documentaries, advertisements, videos, and television programs for national and international cinema, television, and digital broadcasting platforms. It also provides integrated port services; transportati… Read more
Denge Yatirim Holding AS (DENGE) - Net Assets
Latest net assets as of September 2025: TL1.32 Billion TRY
Based on the latest financial reports, Denge Yatirim Holding AS (DENGE) has net assets worth TL1.32 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.81 Billion) and total liabilities (TL490.50 Million). 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 | TL1.32 Billion |
| % of Total Assets | 72.9% |
| Annual Growth Rate | 46.45% |
| 5-Year Change | 3231.97% |
| 10-Year Change | 2344.46% |
| Growth Volatility | 394.58 |
Denge Yatirim Holding AS - Net Assets Trend (2009–2024)
This chart illustrates how Denge Yatirim Holding 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 Denge Yatirim Holding AS (2009–2024)
The table below shows the annual net assets of Denge Yatirim Holding AS from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.14 Billion | +3.25% |
| 2023-12-31 | TL1.11 Billion | +6.29% |
| 2022-12-31 | TL1.04 Billion | +78.47% |
| 2021-12-31 | TL583.76 Million | +1601.21% |
| 2020-12-31 | TL34.31 Million | +14.70% |
| 2019-12-31 | TL29.92 Million | -64.31% |
| 2018-12-31 | TL83.83 Million | +31.78% |
| 2017-12-31 | TL63.61 Million | +14.91% |
| 2016-12-31 | TL55.36 Million | +18.36% |
| 2015-12-31 | TL46.77 Million | +23.98% |
| 2014-12-31 | TL37.73 Million | +25.80% |
| 2013-12-31 | TL29.99 Million | +45.67% |
| 2012-12-31 | TL20.59 Million | +197.79% |
| 2011-12-31 | TL6.91 Million | +42.33% |
| 2010-12-31 | TL4.86 Million | +29.90% |
| 2009-12-31 | TL3.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Denge Yatirim Holding 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 decreased by 59288963900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL1.72 Billion | 152.57% |
| Total Equity | TL1.13 Billion | 100.00% |
Denge Yatirim Holding AS Competitors by Market Cap
The table below lists competitors of Denge Yatirim Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIBI Holdings Ltd
TA:FIBIH
|
$31.16 Million |
|
Yieh Hsing Enterprise Co Ltd
TW:2007
|
$31.17 Million |
|
Union Auction Public Company Limited
BK:AUCT
|
$31.17 Million |
|
Kamdhenu Limited
NSE:KAMDHENU
|
$31.21 Million |
|
Enseval Putra Megatrading Tbk
JK:EPMT
|
$31.13 Million |
|
GAUMONT SA INH. EO 8
F:69N
|
$31.12 Million |
|
Ambipar Participações e Empreendimentos S.A
SA:AMBP3
|
$31.12 Million |
|
Chunil Express
KO:000650
|
$31.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Denge Yatirim Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,468,808,239 to 1,127,743,742, a change of -341,064,497 (-23.2%).
- Net loss of 339,652,621 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-339.65 Million | -30.12% |
| Other Changes | TL-1.41 Million | -0.13% |
| Total Change | TL- | -23.22% |
Book Value vs Market Value Analysis
This analysis compares Denge Yatirim Holding 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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.93x to 0.94x 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 | TL1.27 | TL2.45 | x |
| 2018-12-31 | TL1.68 | TL2.45 | x |
| 2019-12-31 | TL0.60 | TL2.45 | x |
| 2020-12-31 | TL0.14 | TL2.45 | x |
| 2021-12-31 | TL1.49 | TL2.45 | x |
| 2022-12-31 | TL2.29 | TL2.45 | x |
| 2023-12-31 | TL3.38 | TL2.45 | x |
| 2024-12-31 | TL2.60 | TL2.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Denge Yatirim Holding 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): -30.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.48%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.50x
- Recent ROE (-30.12%) is below the historical average (-2.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 27.01% | 80.35% | 0.27x | 1.23x | TL4.88 Million |
| 2014 | 22.17% | 81.17% | 0.26x | 1.04x | TL4.47 Million |
| 2015 | 21.11% | 98.22% | 0.21x | 1.01x | TL5.20 Million |
| 2016 | 15.64% | 76.35% | 0.20x | 1.02x | TL3.12 Million |
| 2017 | 6.39% | 0.00% | 0.00x | 1.01x | TL-2.30 Million |
| 2018 | 0.23% | 0.00% | -0.03x | 1.30x | TL-8.20 Million |
| 2019 | -180.63% | -25705.68% | 0.00x | 1.76x | TL-56.97 Million |
| 2020 | 6.07% | 0.48% | 0.58x | 21.91x | TL-279.78K |
| 2021 | 20.46% | 66.46% | 0.12x | 2.53x | TL46.62 Million |
| 2022 | 36.34% | 52.82% | 0.28x | 2.49x | TL181.02 Million |
| 2023 | 23.61% | 61.32% | 0.28x | 1.38x | TL199.98 Million |
| 2024 | -30.12% | -63.48% | 0.32x | 1.50x | TL-452.43 Million |
Industry Comparison
This section compares Denge Yatirim Holding AS's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $139,682,745
- Average return on equity (ROE) among peers: 5.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Denge Yatirim Holding AS (DENGE) | TL1.32 Billion | 27.01% | 0.37x | $31.13 Million |
| Avrupa Yatirim Holding AS (AVHOL) | $9.70 Million | -46.30% | 2.79x | $23.24 Million |
| Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR) | $224.94 Million | 43.55% | 0.10x | $16.66 Million |
| Birikim Varlik Yonetim A.S. (BRKVY) | $657.54 Million | 32.85% | 0.83x | $35.09 Million |
| Cosmos Yatirim Holding AS (COSMO) | $11.34 Million | 2.96% | 1.20x | $21.11 Million |
| Dagi Yatirim Holding AS (DAGHL) | $14.32 Million | 0.00% | 0.01x | $198.92 Million |
| Euro Trend Yatirim Ortakligi AS (ETYAT) | $21.92 Million | 0.77% | 0.03x | $11.11 Million |
| Euro Kapital Yatirim Ortakligi AS (EUKYO) | $27.13 Million | 3.45% | 0.01x | $9.29 Million |
| Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO) | $23.07 Million | 5.52% | 0.01x | $9.78 Million |
| Gelecek Varlik Yonetimi AS (GLCVY) | $267.19 Million | 3.29% | 3.43x | $47.27 Million |