Gezinomi Seyahat Turizm Ticaret AS (GZNMI) - Net Assets
Based on the latest financial reports, Gezinomi Seyahat Turizm Ticaret AS (GZNMI) has net assets worth TL1.23 Billion TRY (≈ $27.47 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 (TL4.18 Billion ≈ $93.72 Million USD) and total liabilities (TL2.96 Billion ≈ $66.26 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. Explore Gezinomi Seyahat Turizm Ticaret AS cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL1.23 Billion |
| % of Total Assets | 29.31% |
| Annual Growth Rate | 445.92% |
| 5-Year Change | 90679.88% |
| 10-Year Change | N/A |
| Growth Volatility | 953.87 |
Gezinomi Seyahat Turizm Ticaret AS - Net Assets Trend (2019–2024)
This chart illustrates how Gezinomi Seyahat Turizm Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore Gezinomi Seyahat Turizm Ticaret AS asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Gezinomi Seyahat Turizm Ticaret AS (2019–2024)
The table below shows the annual net assets of Gezinomi Seyahat Turizm Ticaret AS from 2019 to 2024. For live valuation and market cap data, see GZNMI market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.14 Billion ≈ $25.46 Million |
-1.73% |
| 2023-12-31 | TL1.16 Billion ≈ $25.91 Million |
+106.11% |
| 2022-12-31 | TL561.20 Million ≈ $12.57 Million |
+1686.87% |
| 2021-12-31 | TL31.41 Million ≈ $703.44K |
+2408.36% |
| 2020-12-31 | TL1.25 Million ≈ $28.04K |
+436.02% |
| 2019-12-31 | TL233.59K ≈ $5.23K |
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Equity Component Analysis
This analysis shows how different components contribute to Gezinomi Seyahat Turizm Ticaret 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 56529334600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL564.17 Million | 49.63% |
| Other Components | TL572.48 Million | 50.37% |
| Total Equity | TL1.14 Billion | 100.00% |
Gezinomi Seyahat Turizm Ticaret AS Competitors by Market Cap
The table below lists competitors of Gezinomi Seyahat Turizm Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JMC Electronics Co Ltd
TW:6552
|
$95.58 Million |
|
Neptune Digital Assets Corp
V:NDA
|
$95.58 Million |
|
Right Way Industrial Co Ltd
TW:1506
|
$95.59 Million |
|
Strix Group Plc
F:SG9
|
$95.59 Million |
|
Cloud Air Co.Ltd
KQ:036170
|
$95.57 Million |
|
Pelican Acquisition Corporation Ordinary Shares
NASDAQ:PELI
|
$95.55 Million |
|
Economic Investment Trust Ltd
TO:EVT
|
$95.54 Million |
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
$95.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gezinomi Seyahat Turizm Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,156,694,762 to 1,136,653,967, a change of -20,040,795 (-1.7%).
- Net loss of 17,823,601 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-17.82 Million | -1.57% |
| Other Changes | TL-2.22 Million | -0.2% |
| Total Change | TL- | -1.73% |
Book Value vs Market Value Analysis
This analysis compares Gezinomi Seyahat Turizm Ticaret 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: 3.75x
- 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 18267.88x to 3.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | TL0.00 | TL65.65 | x |
| 2020-12-31 | TL0.02 | TL65.65 | x |
| 2021-12-31 | TL0.48 | TL65.65 | x |
| 2022-12-31 | TL8.39 | TL65.65 | x |
| 2023-12-31 | TL17.80 | TL65.65 | x |
| 2024-12-31 | TL17.49 | TL65.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gezinomi Seyahat Turizm Ticaret 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): -1.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.70%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.61x
- Recent ROE (-1.57%) is below the historical average (185.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 927.81% | 1.82% | 1.70x | 299.25x | TL2.14 Million |
| 2020 | 72.80% | 1.26% | 0.88x | 65.73x | TL786.26K |
| 2021 | 55.79% | 10.34% | 1.12x | 4.81x | TL14.38 Million |
| 2022 | 69.26% | 73.16% | 0.59x | 1.60x | TL323.35 Million |
| 2023 | -13.46% | -7.30% | 0.97x | 1.90x | TL-271.33 Million |
| 2024 | -1.57% | -0.70% | 0.86x | 2.61x | TL-131.49 Million |
Industry Comparison
This section compares Gezinomi Seyahat Turizm Ticaret AS's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $27,450,347,724,974
- Average return on equity (ROE) among peers: 10.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gezinomi Seyahat Turizm Ticaret AS (GZNMI) | TL1.23 Billion | 927.81% | 2.41x | $95.58 Million |
| Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (FLAP) | $234.45 Million | 20.41% | 0.16x | $29.88 Million |
| Net Holding AS (NTHOL) | $54.90 Trillion | 0.00% | 0.07x | $383.64 Million |
About Gezinomi Seyahat Turizm Ticaret AS
Gezinomi Seyahat Turizm Ticaret Anonim Sirketi, a tour operator company, provides hotel and tour services in Turkey and internationally. The company was founded in 2015 and is based in Antalya, Turkey.