Denge Yatirim Holding AS (DENGE) - Net Assets

Latest as of December 2025: TL1.35 Billion TRY ≈ $30.27 Million USD

Based on the latest financial reports, Denge Yatirim Holding AS (DENGE) has net assets worth TL1.35 Billion TRY (≈ $30.27 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.93 Billion ≈ $43.18 Million USD) and total liabilities (TL576.37 Million ≈ $12.91 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 DENGE asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL1.35 Billion
% of Total Assets	70.11%
Annual Growth Rate	44.5%
5-Year Change	131.55%
10-Year Change	2341.59%
Growth Volatility	383.15

Denge Yatirim Holding AS - Net Assets Trend (2009–2025)

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

Annual Net Assets for Denge Yatirim Holding AS (2009–2025)

The table below shows the annual net assets of Denge Yatirim Holding AS from 2009 to 2025. For live valuation and market cap data, see Denge Yatirim Holding AS market capitalisation.

Year	Net Assets	Change
2025-12-31	TL1.35 Billion ≈ $30.27 Million	-9.68%
2024-12-31	TL1.50 Billion ≈ $33.52 Million	+35.14%
2023-12-31	TL1.11 Billion ≈ $24.80 Million	+6.29%
2022-12-31	TL1.04 Billion ≈ $23.33 Million	+78.47%
2021-12-31	TL583.76 Million ≈ $13.07 Million	+1601.21%
2020-12-31	TL34.31 Million ≈ $768.56K	+14.70%
2019-12-31	TL29.92 Million ≈ $670.04K	-64.31%
2018-12-31	TL83.83 Million ≈ $1.88 Million	+31.78%
2017-12-31	TL63.61 Million ≈ $1.42 Million	+14.91%
2016-12-31	TL55.36 Million ≈ $1.24 Million	+18.36%
2015-12-31	TL46.77 Million ≈ $1.05 Million	+23.98%
2014-12-31	TL37.73 Million ≈ $844.96K	+25.80%
2013-12-31	TL29.99 Million ≈ $671.65K	+45.67%
2012-12-31	TL20.59 Million ≈ $461.07K	+197.79%
2011-12-31	TL6.91 Million ≈ $154.83K	+42.33%
2010-12-31	TL4.86 Million ≈ $108.78K	+29.90%
2009-12-31	TL3.74 Million ≈ $83.74K	--

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 122323885700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	TL2.60 Billion	188.81%
Total Equity	TL1.38 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
Risma Systems AS CO:RISMA	$33.94 Million
E4U a.s. PR:EFORU	$33.95 Million
Dr Peng Telecom and Media Group Co Ltd SHG:600804	$33.96 Million
Energía Innovación y Desarrollo Fotovoltaico S.A. MC:EIDF	$33.96 Million
Viscount Mining Corp. V:VML	$33.93 Million
ENERGIA IN.Y DES. EO 025 F:F63	$33.92 Million
Abko Co. Ltd KQ:129890	$33.92 Million
Desert Gold Ventures Inc V:DAU	$33.91 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 2024 to 2025, total equity changed from 1,476,130,043 to 1,377,402,471, a change of -98,727,572 (-6.7%).
Net loss of 447,191,805 reduced equity.
New share issuances of 341,181,136 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	TL-447.19 Million	-32.47%
Share Issuances	TL341.18 Million	+24.77%
Other Changes	TL7.28 Million	+0.53%
Total Change	TL-	-6.69%

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: 1.10x
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 1.99x to 1.10x 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	TL2.53	x
2018-12-31	TL1.68	TL2.53	x
2019-12-31	TL0.60	TL2.53	x
2020-12-31	TL0.14	TL2.53	x
2021-12-31	TL1.49	TL2.53	x
2022-12-31	TL2.29	TL2.53	x
2023-12-31	TL3.38	TL2.53	x
2024-12-31	TL3.40	TL2.53	x
2025-12-31	TL2.30	TL2.53	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): -32.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -74.20%
• Asset Turnover: 0.31x
• Equity Multiplier: 1.40x
Recent ROE (-32.47%) is below the historical average (-4.94%), 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-592.19 Million
2025	-32.47%	-74.20%	0.31x	1.40x	TL-584.93 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: $163,617,048
Average return on equity (ROE) among peers: 2.90%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Denge Yatirim Holding AS (DENGE)	TL1.35 Billion	27.01%	0.43x	$33.94 Million
Avrupa Yatirim Holding AS (AVHOL)	$201.11 Million	3.23%	0.44x	$32.52 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR)	$859.08 Million	0.65%	0.18x	$19.32 Million
Cosmos Yatirim Holding AS (COSMO)	$48.40 Million	-9.27%	2.48x	$31.13 Million
Dagi Yatirim Holding AS (DAGHL)	$9.92 Million	7.55%	0.01x	$268.77 Million
Euro Trend Yatirim Ortakligi AS (ETYAT)	$24.49 Million	7.77%	0.03x	$3.59 Million
Euro Kapital Yatirim Ortakligi AS (EUKYO)	$24.60 Million	5.38%	0.02x	$3.36 Million
Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO)	$25.33 Million	7.46%	0.02x	$2.64 Million
Gelecek Varlik Yonetimi AS (GLCVY)	$267.19 Million	3.29%	3.43x	$206.04 Million
Guler Yatirim Holding AS (GLRYH)	$12.44 Million	0.00%	0.15x	$53.49 Million

About Denge Yatirim Holding AS

IS:DENGE Turkey Asset Management

Market Cap

$33.94 Million

TL1.52 Billion TRY

Market Cap Rank

#23292 Global

#413 in Turkey

Share Price

TL2.53

Change (1 day)

-0.39%

52-Week Range

TL1.81 - TL4.00

All Time High

TL7.28