Enerjisa Enerji AS (ENJSA) - Net Assets

Latest as of March 2025: TL77.97 Billion TRY ≈ $1.75 Billion USD

Based on the latest financial reports, Enerjisa Enerji AS (ENJSA) has net assets worth TL77.97 Billion TRY (≈ $1.75 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL192.03 Billion ≈ $4.30 Billion USD) and total liabilities (TL114.06 Billion ≈ $2.55 Billion 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 Enerjisa Enerji AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL77.97 Billion
% of Total Assets	40.6%
Annual Growth Rate	22.93%
5-Year Change	940.86%
10-Year Change	688.73%
Growth Volatility	57.92

Enerjisa Enerji AS - Net Assets Trend (2013–2024)

This chart illustrates how Enerjisa Enerji AS's net assets have evolved over time, based on quarterly financial data. Also explore ENJSA current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Enerjisa Enerji AS (2013–2024)

The table below shows the annual net assets of Enerjisa Enerji AS from 2013 to 2024. For live valuation and market cap data, see how much is Enerjisa Enerji AS worth.

Year	Net Assets	Change
2024-12-31	TL74.46 Billion ≈ $1.67 Billion	+28.87%
2023-12-31	TL57.77 Billion ≈ $1.29 Billion	+167.82%
2022-12-31	TL21.57 Billion ≈ $483.16 Million	+130.69%
2021-12-31	TL9.35 Billion ≈ $209.44 Million	+30.72%
2020-12-31	TL7.15 Billion ≈ $160.22 Million	+4.66%
2019-12-31	TL6.83 Billion ≈ $153.08 Million	+8.50%
2018-12-31	TL6.30 Billion ≈ $141.08 Million	+7.12%
2017-12-31	TL5.88 Billion ≈ $131.71 Million	-38.03%
2016-12-31	TL9.49 Billion ≈ $212.53 Million	+0.52%
2015-12-31	TL9.44 Billion ≈ $211.43 Million	+12.00%
2014-12-31	TL8.43 Billion ≈ $188.77 Million	+9.73%
2013-12-31	TL7.68 Billion ≈ $172.04 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Enerjisa Enerji 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 2708364300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	TL26.67 Billion	35.81%
Other Components	TL47.79 Billion	64.19%
Total Equity	TL74.46 Billion	100.00%

Enerjisa Enerji AS Competitors by Market Cap

The table below lists competitors of Enerjisa Enerji AS ranked by their market capitalization.

Company	Market Cap
Beijing BDStar Navigation Co Ltd SHE:002151	$3.25 Billion
KB Home NYSE:KBH	$3.25 Billion
Beijing GeoEnviron Engineering SHG:603588	$3.25 Billion
Fattal 1998 Holdings Ltd TA:FTAL	$3.25 Billion
Legend Biotech Corp NASDAQ:LEGN	$3.25 Billion
Global Health Limited NSE:MEDANTA	$3.25 Billion
Navan, Inc. Class A Common Stock NASDAQ:NAVN	$3.24 Billion
Towne Bank NASDAQ:TOWN	$3.24 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Enerjisa Enerji AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 57,774,466,000 to 74,456,028,000, a change of 16,681,562,000 (28.9%).
Net loss of 4,852,783,000 reduced equity.
Dividend payments of 4,007,290,000 reduced retained earnings.
Other comprehensive income decreased equity by 2,529,169,000.
Other factors increased equity by 28,070,804,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL-4.85 Billion	-6.52%
Dividends Paid	TL4.01 Billion	-5.38%
Other Comprehensive Income	TL-2.53 Billion	-3.4%
Other Changes	TL28.07 Billion	+37.7%
Total Change	TL-	28.87%

Book Value vs Market Value Analysis

This analysis compares Enerjisa Enerji 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: 1.95x
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 18.88x to 1.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	TL6.50	TL122.80	x
2014-12-31	TL7.14	TL122.80	x
2015-12-31	TL7.99	TL122.80	x
2016-12-31	TL8.03	TL122.80	x
2017-12-31	TL4.98	TL122.80	x
2018-12-31	TL5.33	TL122.80	x
2019-12-31	TL5.79	TL122.80	x
2020-12-31	TL6.06	TL122.80	x
2021-12-31	TL7.92	TL122.80	x
2022-12-31	TL18.27	TL122.80	x
2023-12-31	TL48.92	TL122.80	x
2024-12-31	TL63.04	TL122.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Enerjisa Enerji 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): -6.52%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.55%
• Asset Turnover: 1.06x
• Equity Multiplier: 2.41x
Recent ROE (-6.52%) is below the historical average (12.92%), 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	-6.09%	-6.98%	0.29x	3.04x	TL-1.24 Billion
2014	-1.98%	-1.52%	0.45x	2.87x	TL-1.01 Billion
2015	3.01%	2.39%	0.44x	2.82x	TL-660.18 Million
2016	3.10%	2.34%	0.44x	2.99x	TL-654.90 Million
2017	21.83%	11.33%	0.61x	3.16x	TL695.68 Million
2018	11.87%	4.50%	0.72x	3.67x	TL117.81 Million
2019	15.12%	5.91%	0.75x	3.42x	TL350.17 Million
2020	15.21%	5.00%	0.88x	3.45x	TL372.35 Million
2021	24.41%	7.47%	0.97x	3.35x	TL1.35 Billion
2022	67.21%	17.17%	1.43x	2.74x	TL12.34 Billion
2023	7.82%	2.68%	1.28x	2.29x	TL-1.26 Billion
2024	-6.52%	-2.55%	1.06x	2.41x	TL-12.30 Billion

Industry Comparison

This section compares Enerjisa Enerji AS's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

Industry: Utilities - Regulated Electric
Average net assets among peers: $3,023,779,231
Average return on equity (ROE) among peers: -9.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Enerjisa Enerji AS (ENJSA)	TL77.97 Billion	-6.09%	1.46x	$3.25 Billion
Akenerji Elektrik Uretim AS (AKENR)	$5.73 Billion	-27.42%	2.94x	$166.91 Million
ODAS Elektrik Uretim Sanayi Ticaret AS (ODAS)	$320.27 Million	7.96%	1.19x	$215.10 Million

About Enerjisa Enerji AS

IS:ENJSA Turkey Utilities - Regulated Electric

Market Cap

$3.25 Billion

TL145.04 Billion TRY

Market Cap Rank

#4697 Global

#28 in Turkey

Share Price

TL122.80

Change (1 day)

+0.24%

52-Week Range

TL52.05 - TL127.00

All Time High

TL127.00