Derluks Yatirim Holding AS (DERHL) - Net Assets
Based on the latest financial reports, Derluks Yatirim Holding AS (DERHL) has net assets worth TL2.32 Billion TRY (≈ $51.87 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.82 Billion ≈ $107.92 Million USD) and total liabilities (TL2.50 Billion ≈ $56.05 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 Derluks Yatirim Holding AS (DERHL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL2.32 Billion |
| % of Total Assets | 48.07% |
| Annual Growth Rate | 109.37% |
| 5-Year Change | 2410.0% |
| 10-Year Change | N/A |
| Growth Volatility | 247.51 |
Derluks Yatirim Holding AS - Net Assets Trend (2018–2024)
This chart illustrates how Derluks Yatirim Holding AS's net assets have evolved over time, based on quarterly financial data. See DERHL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Derluks Yatirim Holding AS (2018–2024)
The table below shows the annual net assets of Derluks Yatirim Holding AS from 2018 to 2024. For live valuation and market cap data, see DERHL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.89 Billion ≈ $42.41 Million |
+38.06% |
| 2023-12-31 | TL1.37 Billion ≈ $30.72 Million |
+717.23% |
| 2022-12-31 | TL167.85 Million ≈ $3.76 Million |
+116.45% |
| 2021-12-31 | TL77.54 Million ≈ $1.74 Million |
+2.78% |
| 2020-12-31 | TL75.45 Million ≈ $1.69 Million |
+28.08% |
| 2019-12-31 | TL58.91 Million ≈ $1.32 Million |
+162.30% |
| 2018-12-31 | TL22.46 Million ≈ $503.00K |
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Equity Component Analysis
This analysis shows how different components contribute to Derluks 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 grown by 4455.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL334.41 Million | 24.74% |
| Other Components | TL1.02 Billion | 75.26% |
| Total Equity | TL1.35 Billion | 100.00% |
Derluks Yatirim Holding AS Competitors by Market Cap
The table below lists competitors of Derluks Yatirim Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quartiers Properties AB (publ)
ST:QUART-PREF
|
$59.46 Million |
|
Talaad Thai Leasehold Property Fund
BK:TTLPF
|
$59.47 Million |
|
Young Bag Micro Motors Co Ltd
KQ:193250
|
$59.48 Million |
|
First Seacoast Bancorp
NASDAQ:FSEA
|
$59.49 Million |
|
IMCO Industries Ltd
TA:IMCO
|
$59.41 Million |
|
Intermediate Capital Group PLC
LSE:ICG
|
$59.41 Million |
|
Borgestad A
OL:BOR
|
$59.40 Million |
|
Permianville Royalty Trust
NYSE:PVL
|
$59.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Derluks Yatirim Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 946,727,024 to 1,351,520,330, a change of 404,793,306 (42.8%).
- Net income of 53,162,051 contributed positively to equity growth.
- New share issuances of 462,995,140 increased equity.
- Other factors decreased equity by 111,363,885.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL53.16 Million | +3.93% |
| Share Issuances | TL463.00 Million | +34.26% |
| Other Changes | TL-111.36 Million | -8.24% |
| Total Change | TL- | 42.76% |
Book Value vs Market Value Analysis
This analysis compares Derluks 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: 1.96x
- 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 35.19x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL0.38 | TL13.45 | x |
| 2019-12-31 | TL0.90 | TL13.45 | x |
| 2020-12-31 | TL1.02 | TL13.45 | x |
| 2021-12-31 | TL1.18 | TL13.45 | x |
| 2022-12-31 | TL2.24 | TL13.45 | x |
| 2023-12-31 | TL6.31 | TL13.45 | x |
| 2024-12-31 | TL6.85 | TL13.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Derluks 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): 3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.73%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.54x
- Recent ROE (3.93%) is below the historical average (18.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 16.09% | 2.17% | 2.20x | 3.36x | TL1.37 Million |
| 2019 | 6.50% | 2.05% | 1.77x | 1.79x | TL-2.06 Million |
| 2020 | 11.29% | 3.61% | 2.11x | 1.48x | TL845.00K |
| 2021 | 35.42% | 8.85% | 1.49x | 2.69x | TL19.62 Million |
| 2022 | 44.19% | 11.77% | 1.54x | 2.44x | TL57.39 Million |
| 2023 | 11.28% | 4.13% | 0.94x | 2.91x | TL12.11 Million |
| 2024 | 3.93% | 1.73% | 0.90x | 2.54x | TL-81.99 Million |
Industry Comparison
This section compares Derluks Yatirim Holding AS's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,282,526,824
- Average return on equity (ROE) among peers: 5.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Derluks Yatirim Holding AS (DERHL) | TL2.32 Billion | 16.09% | 1.08x | $59.43 Million |
| Atlantis Yatirim Holding AS (ATSYH) | $18.62 Million | 56.77% | 1.24x | $16.13 Million |
| Dagi Giyim Sanayi ve Ticaret AS (DAGI) | $51.53 Million | 0.00% | 0.38x | $77.05 Million |
| Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) | $34.21 Million | -129.57% | 2.03x | $15.64 Million |
| Sun Tekstil Sanayi ve Ticaret A.S. (SUNTK) | $7.21 Billion | 9.62% | 0.76x | $335.90 Million |
| Suwen Tekstil Sanayi Pazarlama AS (SUWEN) | $58.65 Million | 73.18% | 3.50x | $96.35 Million |
| Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) | $324.14 Million | 25.87% | 2.46x | $280.95 Million |
About Derluks Yatirim Holding AS
Derluks Yatirim Holding Anonim Sirketi, together with its subsidiaries, manufactures and retails leather, textile, knitwear, and weaving products for men, women, and children in Turkey and internationally. It also manufactures clothing accessories; trades leather and textile chemicals, fabric, yarn, and apparel materials; and distributes and markets water, soft drinks, alcoholic and non-alcoholic… Read more