GRAINTURK Holding A.S.
GRAINTURK Holding A.S. operates in the field of agricultural commodity trade on national and international platforms. It involves in the trading of wheat, corn, cotton, barely, sunflower seeds, soybeans, wheat beans, sunflower meals, soybean meals, cottonseed meals, sunflower oils, and soybean oils. The company was founded in 2014 and is based in Istanbul, Turkey.
GRAINTURK Holding A.S. (GRTHO) - Net Assets
Latest net assets as of September 2024: TL4.13 Billion TRY
Based on the latest financial reports, GRAINTURK Holding A.S. (GRTHO) has net assets worth TL4.13 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.76 Billion) and total liabilities (TL631.41 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 | TL4.13 Billion |
| % of Total Assets | 86.75% |
| Annual Growth Rate | 310.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 537.95 |
GRAINTURK Holding A.S. - Net Assets Trend (2020–2023)
This chart illustrates how GRAINTURK Holding A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GRAINTURK Holding A.S. (2020–2023)
The table below shows the annual net assets of GRAINTURK Holding A.S. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL2.89 Billion | +24.65% |
| 2022-12-31 | TL2.32 Billion | +301.98% |
| 2021-12-31 | TL576.42 Million | +1278.93% |
| 2020-12-31 | TL41.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GRAINTURK Holding A.S.'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 7165.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.90 Billion | 65.93% |
| Other Components | TL983.94 Million | 34.07% |
| Total Equity | TL2.89 Billion | 100.00% |
GRAINTURK Holding A.S. Competitors by Market Cap
The table below lists competitors of GRAINTURK Holding A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solusi Sinergi Digital Tbk PT
JK:WIFI
|
$274.20 Million |
|
HAVERTY FURNITURE A DL 1
F:25F0
|
$274.21 Million |
|
Guangdong Transtek Medical Electronics Co Ltd
SHE:300562
|
$274.25 Million |
|
Lineage Cell Therapeutics Inc
NYSE MKT:LCTX
|
$274.26 Million |
|
Qualitas Ltd
AU:QAL
|
$274.16 Million |
|
Zhejiang Wellsun Intelligent Tech
SHE:300882
|
$274.12 Million |
|
Hangzhou Greenda Electronic Materials Co Ltd
SHG:603931
|
$274.10 Million |
|
IGB Bhd
KLSE:5606
|
$274.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRAINTURK Holding A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,317,129,780 to 2,888,379,101, a change of 571,249,321 (24.7%).
- Net income of 510,431,461 contributed positively to equity growth.
- New share issuances of 440,000,000 increased equity.
- Other factors decreased equity by 379,182,140.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL510.43 Million | +17.67% |
| Share Issuances | TL440.00 Million | +15.23% |
| Other Changes | TL-379.18 Million | -13.13% |
| Total Change | TL- | 24.65% |
Book Value vs Market Value Analysis
This analysis compares GRAINTURK Holding A.S.'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: 11.61x
- 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 802.14x to 11.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL0.33 | TL268.25 | x |
| 2021-12-31 | TL4.61 | TL268.25 | x |
| 2022-12-31 | TL18.54 | TL268.25 | x |
| 2023-12-31 | TL23.11 | TL268.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRAINTURK Holding A.S. 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): 17.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.46%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.14x
- Recent ROE (17.67%) is below the historical average (24.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.62% | 1.83% | 2.60x | 3.71x | TL3.18 Million |
| 2021 | 38.09% | 35.35% | 0.82x | 1.31x | TL161.92 Million |
| 2022 | 23.99% | 40.70% | 0.52x | 1.14x | TL324.18 Million |
| 2023 | 17.67% | 22.46% | 0.69x | 1.14x | TL221.59 Million |
Industry Comparison
This section compares GRAINTURK Holding A.S.'s net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,447,244,248
- Average return on equity (ROE) among peers: 22.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GRAINTURK Holding A.S. (GRTHO) | TL4.13 Billion | 17.62% | 0.15x | $274.17 Million |
| CEM ZEYTIN (CEMZY) | $4.43 Billion | 2.69% | 0.33x | $55.95 Million |
| EFOR CAY SANAYI (EFORC) | $1.18 Billion | 14.00% | 1.82x | $36.00K |
| Ozsu Balik Uretim A.S. (OZSUB) | $71.58 Million | 11.74% | 5.23x | $12.50 Million |
| Yaprak Sut ve Besi Ciftlikleri Sanayi ve Ticaret AS (YAPRK) | $110.28 Million | 61.81% | 0.73x | $1.69 Million |