Fonet Bilgi Teknolojileri AS
Fonet Bilgi Teknolojileri A.S. provides information technology services in the healthcare sector in Turkey and internationally. The company offers health informatics, digital health transformation, solutions social security, and family and social aid solutions such as healthcare software modules, including consultation management, appointment management, patient record/admission management, emerg… Read more
Fonet Bilgi Teknolojileri AS (FONET) - Net Assets
Latest net assets as of September 2025: TL1.51 Billion TRY
Based on the latest financial reports, Fonet Bilgi Teknolojileri AS (FONET) has net assets worth TL1.51 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.95 Billion) and total liabilities (TL434.59 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL1.51 Billion |
| % of Total Assets | 77.67% |
| Annual Growth Rate | 66.54% |
| 5-Year Change | 1083.85% |
| 10-Year Change | N/A |
| Growth Volatility | 144.56 |
Fonet Bilgi Teknolojileri AS - Net Assets Trend (2018–2024)
This chart illustrates how Fonet Bilgi Teknolojileri AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fonet Bilgi Teknolojileri AS (2018–2024)
The table below shows the annual net assets of Fonet Bilgi Teknolojileri AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.12 Billion | +15.51% |
| 2023-12-31 | TL972.37 Million | +420.13% |
| 2022-12-31 | TL186.95 Million | +41.52% |
| 2021-12-31 | TL132.10 Million | +39.24% |
| 2020-12-31 | TL94.87 Million | +41.78% |
| 2019-12-31 | TL66.91 Million | +27.22% |
| 2018-12-31 | TL52.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fonet Bilgi Teknolojileri 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 2510.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL593.45 Million | 52.84% |
| Other Components | TL529.69 Million | 47.16% |
| Total Equity | TL1.12 Billion | 100.00% |
Fonet Bilgi Teknolojileri AS Competitors by Market Cap
The table below lists competitors of Fonet Bilgi Teknolojileri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo TMM SAB
PINK:GTMAY
|
$70.66 Million |
|
Asia Electronic Material Co Ltd
TWO:4939
|
$70.67 Million |
|
ALPHA
KLSE:0303
|
$70.68 Million |
|
U-Best Polymer Industry Co Ltd
TWO:4714
|
$70.69 Million |
|
7730
TW:7730
|
$70.62 Million |
|
VROYF
PINK:VROYF
|
$70.62 Million |
|
CVW CleanTech Inc
OTCQX:CVWFF
|
$70.61 Million |
|
Companhia Energética do Ceará - Coelce
SA:COCE3
|
$70.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fonet Bilgi Teknolojileri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 972,366,152 to 1,123,136,830, a change of 150,770,678 (15.5%).
- Net income of 150,239,241 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL150.24 Million | +13.38% |
| Other Changes | TL531.44K | +0.05% |
| Total Change | TL- | 15.51% |
Book Value vs Market Value Analysis
This analysis compares Fonet Bilgi Teknolojileri 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: 0.61x
- 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 3.63x to 0.61x 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 | TL1.31 | TL4.77 | x |
| 2019-12-31 | TL1.67 | TL4.77 | x |
| 2020-12-31 | TL2.37 | TL4.77 | x |
| 2021-12-31 | TL3.30 | TL4.77 | x |
| 2022-12-31 | TL4.67 | TL4.77 | x |
| 2023-12-31 | TL6.75 | TL4.77 | x |
| 2024-12-31 | TL7.80 | TL4.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fonet Bilgi Teknolojileri 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): 13.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.26%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.07x
- Recent ROE (13.38%) is below the historical average (24.06%), 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 | 23.26% | 34.26% | 0.49x | 1.39x | TL6.98 Million |
| 2019 | 21.90% | 29.84% | 0.62x | 1.19x | TL7.96 Million |
| 2020 | 29.24% | 42.73% | 0.60x | 1.15x | TL18.25 Million |
| 2021 | 28.42% | 43.92% | 0.45x | 1.45x | TL24.33 Million |
| 2022 | 30.15% | 43.98% | 0.45x | 1.52x | TL37.67 Million |
| 2023 | 22.08% | 59.53% | 0.34x | 1.09x | TL117.47 Million |
| 2024 | 13.38% | 31.26% | 0.40x | 1.07x | TL37.93 Million |
Industry Comparison
This section compares Fonet Bilgi Teknolojileri AS's net assets metrics with peer companies in the Health Information Services industry.
No peer company data available for comparison.