Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS (DERIM) - Net Assets
Based on the latest financial reports, Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS (DERIM) has net assets worth TL77.31 Million TRY (≈ $1.73 Million USD) as of December 2019. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL331.51 Million ≈ $7.43 Million USD) and total liabilities (TL254.20 Million ≈ $5.69 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 DERIM asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL77.31 Million |
| % of Total Assets | 23.32% |
| Annual Growth Rate | 23.4% |
| 5-Year Change | 471.99% |
| 10-Year Change | 1015.53% |
| Growth Volatility | 32.13 |
Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS - Net Assets Trend (2005–2024)
This chart illustrates how Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore Derimod Konfeksiyon Ayakkabi Deri Sanayi total assets for the complete picture of this company's asset base.
Annual Net Assets for Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS (2005–2024)
The table below shows the annual net assets of Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS from 2005 to 2024. For live valuation and market cap data, see Derimod Konfeksiyon Ayakkabi Deri Sanayi (DERIM) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL410.75 Million ≈ $9.20 Million |
+77.84% |
| 2023-12-31 | TL230.96 Million ≈ $5.17 Million |
+67.91% |
| 2022-12-31 | TL137.56 Million ≈ $3.08 Million |
+86.46% |
| 2021-12-31 | TL73.77 Million ≈ $1.65 Million |
+2.73% |
| 2020-12-31 | TL71.81 Million ≈ $1.61 Million |
-7.12% |
| 2019-12-31 | TL77.31 Million ≈ $1.73 Million |
+89.59% |
| 2018-12-31 | TL40.78 Million ≈ $913.36K |
-5.87% |
| 2017-12-31 | TL43.32 Million ≈ $970.36K |
+1.42% |
| 2016-12-31 | TL42.72 Million ≈ $956.79K |
+16.02% |
| 2015-12-31 | TL36.82 Million ≈ $824.70K |
+18.18% |
| 2014-12-31 | TL31.16 Million ≈ $697.81K |
+11.66% |
| 2013-12-31 | TL27.90 Million ≈ $624.93K |
+11.00% |
| 2012-12-31 | TL25.14 Million ≈ $563.00K |
+66.01% |
| 2011-12-31 | TL15.14 Million ≈ $339.14K |
+14.02% |
| 2010-12-31 | TL13.28 Million ≈ $297.44K |
+10.31% |
| 2009-12-31 | TL12.04 Million ≈ $269.64K |
-1.71% |
| 2008-12-31 | TL12.25 Million ≈ $274.32K |
-1.15% |
| 2007-12-31 | TL12.39 Million ≈ $277.53K |
+20.02% |
| 2006-12-31 | TL10.32 Million ≈ $231.23K |
+36.65% |
| 2005-12-31 | TL7.55 Million ≈ $169.21K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret 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 9700801700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL507.76 Million | 123.62% |
| Total Equity | TL410.75 Million | 100.00% |
Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pan Brothers Tbk
JK:PBRX
|
$46.57 Million |
|
Tolins Tyres Ltd
NSE:TOLINS
|
$46.59 Million |
|
SGA Solutions Co.Ltd
KQ:184230
|
$46.60 Million |
|
Asia Green Energy Public Company Limited
BK:AGE
|
$46.62 Million |
|
Intergis
KO:129260
|
$46.56 Million |
|
Heritage Global Inc
NASDAQ:HGBL
|
$46.55 Million |
|
Azion Corporation
TWO:6148
|
$46.54 Million |
|
Boreo Oyj
HE:BOREO
|
$46.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 230,963,274 to 410,750,902, a change of 179,787,628 (77.8%).
- Net income of 75,613,449 contributed positively to equity growth.
- Other factors increased equity by 104,174,179.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL75.61 Million | +18.41% |
| Other Changes | TL104.17 Million | +25.36% |
| Total Change | TL- | 77.84% |
Book Value vs Market Value Analysis
This analysis compares Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret 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: 5.06x
- 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 14.77x to 5.06x 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 | TL2.61 | TL38.50 | x |
| 2018-12-31 | TL2.45 | TL38.50 | x |
| 2019-12-31 | TL2.86 | TL38.50 | x |
| 2020-12-31 | TL2.66 | TL38.50 | x |
| 2021-12-31 | TL1.55 | TL38.50 | x |
| 2022-12-31 | TL2.55 | TL38.50 | x |
| 2023-12-31 | TL4.28 | TL38.50 | x |
| 2024-12-31 | TL7.61 | TL38.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret 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): 18.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.07%
- • Asset Turnover: 2.66x
- • Equity Multiplier: 3.35x
- Recent ROE (18.41%) is above the historical average (7.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.67% | 4.40% | 1.80x | 2.60x | TL1.32 Million |
| 2008 | 2.13% | 0.41% | 1.48x | 3.55x | TL-963.80K |
| 2010 | 9.35% | 1.43% | 1.56x | 4.18x | TL-86.10K |
| 2011 | 12.29% | 1.79% | 1.54x | 4.46x | TL346.80K |
| 2012 | 6.46% | 1.23% | 1.31x | 4.04x | TL-888.70K |
| 2013 | 7.36% | 1.19% | 1.37x | 4.53x | TL-737.20K |
| 2014 | 8.10% | 1.62% | 1.17x | 4.26x | TL-590.50K |
| 2015 | 14.19% | 2.56% | 1.02x | 5.43x | TL1.54 Million |
| 2016 | 7.91% | 1.62% | 0.89x | 5.53x | TL-891.36K |
| 2017 | 1.67% | 0.30% | 0.76x | 7.36x | TL-3.61 Million |
| 2018 | -1.77% | -0.31% | 0.82x | 7.08x | TL-4.80 Million |
| 2019 | -8.18% | -2.22% | 0.86x | 4.29x | TL-14.06 Million |
| 2020 | -7.44% | -2.14% | 0.78x | 4.46x | TL-12.52 Million |
| 2021 | 3.70% | 0.72% | 0.96x | 5.33x | TL-4.65 Million |
| 2022 | 28.57% | 3.66% | 1.98x | 3.94x | TL25.55 Million |
| 2023 | 7.68% | 0.47% | 4.19x | 3.90x | TL-5.36 Million |
| 2024 | 18.41% | 2.07% | 2.66x | 3.35x | TL34.54 Million |
Industry Comparison
This section compares Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $56,207,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS (DERIM) | TL77.31 Million | 20.67% | 3.29x | $46.56 Million |
| Desa Deri Sanayi ve Ticaret AS (DESA) | $56.21 Million | 0.00% | 0.95x | $165.06 Million |
About Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS
Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret A.S. provides leather and fashionable products for men and women in Turkey. Its products include leather jackets and coats, briefcases, bags, clutch and portfolio products, socks, care products, backpacks, belts, wallets, and socks care products, as well as sneakers, boots, casual and classic shoes, loafers, espadrilles, sandals, slippers, heels… Read more