Esenboga Elektrik Uretim AS (ESEN) - Net Assets
Based on the latest financial reports, Esenboga Elektrik Uretim AS (ESEN) has net assets worth TL14.84 Billion TRY (≈ $332.29 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 (TL22.74 Billion ≈ $509.36 Million USD) and total liabilities (TL7.91 Billion ≈ $177.07 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 asset resilience ratio of Esenboga Elektrik Uretim AS to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL14.84 Billion |
| % of Total Assets | 65.24% |
| Annual Growth Rate | 168.22% |
| 5-Year Change | 1886.78% |
| 10-Year Change | N/A |
| Growth Volatility | 216.0 |
Esenboga Elektrik Uretim AS - Net Assets Trend (2018–2024)
This chart illustrates how Esenboga Elektrik Uretim AS's net assets have evolved over time, based on quarterly financial data. Also explore Esenboga Elektrik Uretim AS balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Esenboga Elektrik Uretim AS (2018–2024)
The table below shows the annual net assets of Esenboga Elektrik Uretim AS from 2018 to 2024. For live valuation and market cap data, see ESEN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL11.74 Billion ≈ $262.92 Million |
-7.81% |
| 2023-12-31 | TL12.73 Billion ≈ $285.19 Million |
+111.21% |
| 2022-12-31 | TL6.03 Billion ≈ $135.02 Million |
+41.82% |
| 2021-12-31 | TL4.25 Billion ≈ $95.21 Million |
+619.47% |
| 2020-12-31 | TL590.84 Million ≈ $13.23 Million |
+310.74% |
| 2019-12-31 | TL143.85 Million ≈ $3.22 Million |
+356.91% |
| 2018-12-31 | TL31.48 Million ≈ $705.12K |
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Equity Component Analysis
This analysis shows how different components contribute to Esenboga Elektrik Uretim 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 684747.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL6.34 Billion | 71.14% |
| Other Components | TL2.57 Billion | 28.86% |
| Total Equity | TL8.91 Billion | 100.00% |
Esenboga Elektrik Uretim AS Competitors by Market Cap
The table below lists competitors of Esenboga Elektrik Uretim AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Windu Kentjana Int
JK:MCOR
|
$153.31 Million |
|
IL Science Co. Ltd
KQ:307180
|
$153.34 Million |
|
LK CHEM
KQ:489500
|
$153.38 Million |
|
Young Poong Precision Corporation
KQ:036560
|
$153.49 Million |
|
Hirequest Inc
NASDAQ:HQI
|
$153.27 Million |
|
Etga Group Ltd
TA:ETGA
|
$153.25 Million |
|
Detection Technology OY
HE:DETEC
|
$153.18 Million |
|
Avaco Co. Ltd
KQ:083930
|
$153.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Esenboga Elektrik Uretim AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,643,853,526 to 8,908,552,376, a change of -735,301,150 (-7.6%).
- Net loss of 68,750,135 reduced equity.
- Other factors decreased equity by 666,551,015.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-68.75 Million | -0.77% |
| Other Changes | TL-666.55 Million | -7.48% |
| Total Change | TL- | -7.62% |
Book Value vs Market Value Analysis
This analysis compares Esenboga Elektrik Uretim 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: 0.77x
- 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 7.64x to 0.77x 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 | TL0.49 | TL3.76 | x |
| 2019-12-31 | TL2.25 | TL3.76 | x |
| 2020-12-31 | TL9.23 | TL3.76 | x |
| 2021-12-31 | TL53.17 | TL3.76 | x |
| 2022-12-31 | TL71.70 | TL3.76 | x |
| 2023-12-31 | TL5.30 | TL3.76 | x |
| 2024-12-31 | TL4.89 | TL3.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Esenboga Elektrik Uretim 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): -0.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.05%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.93x
- Recent ROE (-0.77%) is below the historical average (15.42%), 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 | 2.98% | 12.37% | 0.07x | 3.51x | TL-2.21 Million |
| 2019 | 50.36% | 564.66% | 0.03x | 2.81x | TL58.06 Million |
| 2020 | 13.81% | 56.71% | 0.12x | 2.09x | TL22.54 Million |
| 2021 | 28.81% | 176.60% | 0.10x | 1.71x | TL640.25 Million |
| 2022 | 11.63% | 55.33% | 0.12x | 1.78x | TL74.61 Million |
| 2023 | 1.14% | 8.19% | 0.07x | 2.01x | TL-854.92 Million |
| 2024 | -0.77% | -6.05% | 0.07x | 1.93x | TL-959.61 Million |
Industry Comparison
This section compares Esenboga Elektrik Uretim AS's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $4,990,114,497
- Average return on equity (ROE) among peers: 6.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Esenboga Elektrik Uretim AS (ESEN) | TL14.84 Billion | 2.98% | 0.53x | $153.27 Million |
| Akfen Yenilenebilir Enerji A.S. (AKFYE) | $20.43 Billion | 22.29% | 0.69x | $621.63 Million |
| Aksu Enerji ve Ticaret AS (AKSUE) | $25.80 Million | 0.00% | 0.08x | $55.17 Million |
| Aydem Yenilenebilir Enerji AS (AYDEM) | $4.42 Billion | -12.92% | 1.32x | $465.81 Million |
| Ayen Enerji AS (AYEN) | $4.31 Billion | 36.93% | 1.23x | $220.77 Million |
| Biotrend Cevre ve Enerji Yatirimlari AS (BIOEN) | $81.84 Million | -1.47% | 1.48x | $241.00 Million |
| Consus Enerji Isletmeciligi ve Hizmetleri AS (CONSE) | $0.00 | 0.00% | 0.00x | $58.54 Million |
| Galata Wind Enerji Anonim Sirket (GWIND) | $10.46 Billion | 7.98% | 0.42x | $344.70 Million |
| Hun Yenilenebilir Enerji Uretim AS (HUNER) | $3.01 Billion | 2.10% | 1.10x | $73.69 Million |
| Kartal Yenilenebilir Enerji Uretim AS (KARYE) | $2.17 Billion | 0.21% | 0.45x | $33.43 Million |
About Esenboga Elektrik Uretim AS
Esenboga Elektrik Üretim A.S. engages in the establishment, commissioning, production, and sale of electricity in Turkey. The company owns solar power plants; and involved in solar power plant contracting business. It also provides operation and maintenance solutions; and project development and turnkey EPC services. Esenboga Elektrik Üretim A.S. was incorporated in 2015 and is headquartered in A… Read more