Gozde Girisim Sermayesi Yatirim Ortakligi AS (GOZDE) - Net Assets

Latest as of June 2025: TL26.01 Billion TRY ≈ $582.64 Million USD

Based on the latest financial reports, Gozde Girisim Sermayesi Yatirim Ortakligi AS (GOZDE) has net assets worth TL26.01 Billion TRY (≈ $582.64 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL26.92 Billion ≈ $602.91 Million USD) and total liabilities (TL904.99 Million ≈ $20.27 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 GOZDE financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL26.01 Billion
% of Total Assets	96.64%
Annual Growth Rate	51.52%
5-Year Change	513.04%
10-Year Change	2812.14%
Growth Volatility	108.81

Gozde Girisim Sermayesi Yatirim Ortakligi AS - Net Assets Trend (2010–2024)

This chart illustrates how Gozde Girisim Sermayesi Yatirim Ortakligi AS's net assets have evolved over time, based on quarterly financial data. Also explore Gozde Girisim Sermayesi Yatirim Ortaklig (GOZDE) total assets for the complete picture of this company's asset base.

Annual Net Assets for Gozde Girisim Sermayesi Yatirim Ortakligi AS (2010–2024)

The table below shows the annual net assets of Gozde Girisim Sermayesi Yatirim Ortakligi AS from 2010 to 2024. For live valuation and market cap data, see how much is Gozde Girisim Sermayesi Yatirim Ortaklig worth.

Year	Net Assets	Change
2024-12-31	TL24.30 Billion ≈ $544.25 Million	+8.88%
2023-12-31	TL22.32 Billion ≈ $499.85 Million	+18.15%
2022-12-31	TL18.89 Billion ≈ $423.05 Million	+65.43%
2021-12-31	TL11.42 Billion ≈ $255.73 Million	+188.05%
2020-12-31	TL3.96 Billion ≈ $88.78 Million	+76.21%
2019-12-31	TL2.25 Billion ≈ $50.38 Million	-0.39%
2018-12-31	TL2.26 Billion ≈ $50.58 Million	-23.22%
2017-12-31	TL2.94 Billion ≈ $65.88 Million	+209.21%
2016-12-31	TL951.25 Million ≈ $21.31 Million	+14.00%
2015-12-31	TL834.43 Million ≈ $18.69 Million	+10.66%
2014-12-31	TL754.05 Million ≈ $16.89 Million	+70.10%
2013-12-31	TL443.30 Million ≈ $9.93 Million	+4.86%
2012-12-31	TL422.77 Million ≈ $9.47 Million	+20.60%
2011-12-31	TL350.57 Million ≈ $7.85 Million	+385.13%
2010-12-31	TL72.26 Million ≈ $1.62 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gozde Girisim Sermayesi Yatirim Ortakligi 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 1665721909200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	TL16.66 Billion	68.55%
Other Components	TL7.64 Billion	31.45%
Total Equity	TL24.30 Billion	100.00%

Gozde Girisim Sermayesi Yatirim Ortakligi AS Competitors by Market Cap

The table below lists competitors of Gozde Girisim Sermayesi Yatirim Ortakligi AS ranked by their market capitalization.

Company	Market Cap
Choppies Enterprises Ltd JSE:CHP	$170.76 Million
Adi Sarana Armada Tbk JK:ASSA	$170.87 Million
Talisker Resources Ltd TO:TSK	$170.88 Million
Anderson Industrial Corp TW:1528	$170.89 Million
Exicom Tele-Systems Limited NSE:EXICOM	$170.71 Million
Kafrit TA:KAFR	$170.68 Million
GAMSUNG Corporation Co. Ltd KQ:036620	$170.61 Million
Lemtech Holdings Co Ltd TW:4912	$170.58 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gozde Girisim Sermayesi Yatirim Ortakligi AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 22,317,235,110 to 24,299,756,794, a change of 1,982,521,684 (8.9%).
Net loss of 7,921,593,073 reduced equity.
Other factors increased equity by 9,904,114,757.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL-7.92 Billion	-32.6%
Other Changes	TL9.90 Billion	+40.76%
Total Change	TL-	8.88%

Book Value vs Market Value Analysis

This analysis compares Gozde Girisim Sermayesi Yatirim Ortakligi 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: 0.31x
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 2.59x to 0.31x 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	TL7.64	TL19.80	x
2018-12-31	TL5.87	TL19.80	x
2019-12-31	TL5.84	TL19.80	x
2020-12-31	TL10.30	TL19.80	x
2021-12-31	TL29.66	TL19.80	x
2022-12-31	TL49.06	TL19.80	x
2023-12-31	TL57.97	TL19.80	x
2024-12-31	TL63.12	TL19.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gozde Girisim Sermayesi Yatirim Ortakligi 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): -32.60%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -275.10%
• Asset Turnover: 0.10x
• Equity Multiplier: 1.15x
Recent ROE (-32.60%) is below the historical average (11.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	18.53%	35.41%	0.18x	2.90x	TL37.53 Million
2013	0.28%	1.70%	0.07x	2.20x	TL-43.10 Million
2014	7.98%	47.33%	0.08x	2.12x	TL-15.23 Million
2015	9.63%	282.35%	0.02x	1.96x	TL-3.06 Million
2016	12.28%	163.80%	0.04x	1.80x	TL21.70 Million
2017	67.66%	12706.58%	0.00x	1.39x	TL1.70 Billion
2018	-30.24%	-3391.79%	0.01x	1.67x	TL-908.75 Million
2019	-0.40%	-25.64%	0.01x	1.84x	TL-233.86 Million
2020	43.25%	2242.36%	0.01x	1.52x	TL1.32 Billion
2021	65.28%	439.59%	0.13x	1.13x	TL6.31 Billion
2022	39.55%	1604068.07%	0.00x	1.11x	TL5.58 Billion
2023	-56.97%	-9717.89%	0.01x	1.14x	TL-14.95 Billion
2024	-32.60%	-275.10%	0.10x	1.15x	TL-10.35 Billion

Industry Comparison

This section compares Gozde Girisim Sermayesi Yatirim Ortakligi AS's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $138,615,125
Average return on equity (ROE) among peers: 5.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gozde Girisim Sermayesi Yatirim Ortakligi AS (GOZDE)	TL26.01 Billion	18.53%	0.03x	$170.74 Million
Avrupa Yatirim Holding AS (AVHOL)	$32.64 Million	0.20%	0.81x	$31.95 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR)	$92.56 Million	8.08%	0.13x	$19.32 Million
Cosmos Yatirim Holding AS (COSMO)	$48.40 Million	-9.27%	2.48x	$31.58 Million
Dagi Yatirim Holding AS (DAGHL)	$40.96 Million	21.35%	0.05x	$268.77 Million
Denge Yatirim Holding AS (DENGE)	$583.76 Million	15.63%	0.93x	$33.67 Million
Euro Trend Yatirim Ortakligi AS (ETYAT)	$66.92 Million	-31.05%	0.14x	$3.63 Million
Euro Kapital Yatirim Ortakligi AS (EUKYO)	$33.45 Million	25.54%	0.01x	$3.24 Million
Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO)	$21.89 Million	0.00%	0.01x	$2.53 Million
Gelecek Varlik Yonetimi AS (GLCVY)	$460.12 Million	22.08%	1.61x	$201.97 Million
Guler Yatirim Holding AS (GLRYH)	$5.45 Million	0.00%	0.02x	$53.75 Million

About Gozde Girisim Sermayesi Yatirim Ortakligi AS

IS:GOZDE Turkey Asset Management

Market Cap

$170.74 Million

TL7.62 Billion TRY

Market Cap Rank

#17147 Global

#222 in Turkey

Share Price

TL19.80

Change (1 day)

-0.95%

52-Week Range

TL16.08 - TL28.44

All Time High

TL34.00