Hateks Hatay Tekstil Isletmeleri AS
Hateks Hatay Tekstil Isletmeleri A.S. manufactures and exports textile products. The company offers towels and bathrobes, as well as special terry products. It also provides cotton raw, dyed, and melange yarns; cotton gazed mercerized raw and dyed yarns; bamboo raw, dyed, and melange yarns; core spun yarns; amicor yarns; and sewing and embroidery threads. The company sells its products to departm… Read more
Hateks Hatay Tekstil Isletmeleri AS (HATEK) - Net Assets
Latest net assets as of September 2025: TL1.79 Billion TRY
Based on the latest financial reports, Hateks Hatay Tekstil Isletmeleri AS (HATEK) has net assets worth TL1.79 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 (TL3.27 Billion) and total liabilities (TL1.48 Billion). 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 | TL1.79 Billion |
| % of Total Assets | 54.63% |
| Annual Growth Rate | 29.42% |
| 5-Year Change | 353.37% |
| 10-Year Change | 1672.61% |
| Growth Volatility | 118.67 |
Hateks Hatay Tekstil Isletmeleri AS - Net Assets Trend (2008–2024)
This chart illustrates how Hateks Hatay Tekstil Isletmeleri 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 Hateks Hatay Tekstil Isletmeleri AS (2008–2024)
The table below shows the annual net assets of Hateks Hatay Tekstil Isletmeleri AS from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.46 Billion | -11.83% |
| 2023-12-31 | TL1.65 Billion | +167.32% |
| 2022-12-31 | TL618.54 Million | +52.48% |
| 2021-12-31 | TL405.67 Million | +26.15% |
| 2020-12-31 | TL321.58 Million | +1.66% |
| 2019-12-31 | TL316.34 Million | +44.76% |
| 2018-12-31 | TL218.53 Million | +1.42% |
| 2017-12-31 | TL215.47 Million | -6.92% |
| 2016-12-31 | TL231.50 Million | +181.47% |
| 2015-12-31 | TL82.25 Million | +1.98% |
| 2014-12-31 | TL80.65 Million | +3.37% |
| 2013-12-31 | TL78.02 Million | -27.54% |
| 2012-12-31 | TL107.68 Million | -16.25% |
| 2011-12-31 | TL128.56 Million | +2.44% |
| 2010-12-31 | TL125.50 Million | +452.75% |
| 2009-12-31 | TL22.70 Million | -3.57% |
| 2008-12-31 | TL23.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hateks Hatay Tekstil Isletmeleri 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 38928.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL512.05 Million | 35.13% |
| Other Components | TL945.70 Million | 64.87% |
| Total Equity | TL1.46 Billion | 100.00% |
Hateks Hatay Tekstil Isletmeleri AS Competitors by Market Cap
The table below lists competitors of Hateks Hatay Tekstil Isletmeleri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modern Internasional Tbk
JK:MDRN
|
$17.36 Million |
|
Grodno S.A.
WAR:GRN
|
$17.36 Million |
|
Energia Latina SA
SN:ENLASA
|
$17.36 Million |
|
PGF Capital Bhd
KLSE:8117
|
$17.36 Million |
|
MR. BRICOLAGE INH. EO 32
F:4OL
|
$17.35 Million |
|
Tekom Technologies
TWO:6294
|
$17.34 Million |
|
PC Direct Inc
KQ:051380
|
$17.34 Million |
|
SciDev Limited
F:INFA
|
$17.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hateks Hatay Tekstil Isletmeleri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,653,330,609 to 1,457,750,261, a change of -195,580,348 (-11.8%).
- Net loss of 183,054,947 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-183.05 Million | -12.56% |
| Other Changes | TL-12.53 Million | -0.86% |
| Total Change | TL- | -11.83% |
Book Value vs Market Value Analysis
This analysis compares Hateks Hatay Tekstil Isletmeleri 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: 0.66x
- 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 1.56x to 0.66x 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 | TL9.73 | TL15.20 | x |
| 2018-12-31 | TL10.40 | TL15.20 | x |
| 2019-12-31 | TL15.06 | TL15.20 | x |
| 2020-12-31 | TL15.30 | TL15.20 | x |
| 2021-12-31 | TL19.30 | TL15.20 | x |
| 2022-12-31 | TL9.81 | TL15.20 | x |
| 2023-12-31 | TL26.24 | TL15.20 | x |
| 2024-12-31 | TL23.14 | TL15.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hateks Hatay Tekstil Isletmeleri 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): -12.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.05%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.00x
- Recent ROE (-12.56%) is below the historical average (1.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.86% | 1.47% | 0.38x | 1.54x | TL-10.80 Million |
| 2011 | 0.28% | 0.33% | 0.60x | 1.41x | TL-11.75 Million |
| 2014 | 3.76% | 2.81% | 0.76x | 1.76x | TL-4.67 Million |
| 2015 | 2.85% | 2.09% | 0.73x | 1.86x | TL-5.50 Million |
| 2016 | 8.70% | 15.28% | 0.36x | 1.60x | TL-2.87 Million |
| 2017 | -5.25% | -5.37% | 0.60x | 1.64x | TL-31.15 Million |
| 2018 | 6.00% | 5.97% | 0.64x | 1.57x | TL-8.73 Million |
| 2019 | 9.05% | 13.48% | 0.48x | 1.39x | TL-2.99 Million |
| 2020 | 5.08% | 6.68% | 0.51x | 1.49x | TL-15.80 Million |
| 2021 | 8.64% | 10.60% | 0.48x | 1.70x | TL-5.51 Million |
| 2022 | 9.53% | 9.97% | 0.56x | 1.70x | TL-2.89 Million |
| 2023 | -12.83% | -19.57% | 0.39x | 1.68x | TL-377.53 Million |
| 2024 | -12.56% | -23.05% | 0.27x | 2.00x | TL-328.83 Million |
Industry Comparison
This section compares Hateks Hatay Tekstil Isletmeleri AS's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $784,674,439
- Average return on equity (ROE) among peers: 12.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hateks Hatay Tekstil Isletmeleri AS (HATEK) | TL1.79 Billion | 0.86% | 0.83x | $17.36 Million |
| Aksa Akrilik Kimya Sanayi AS (AKSA) | $5.74 Billion | 59.61% | 0.99x | $1.12 Billion |
| Artemis Hali As (ARTMS) | $272.08 Million | 26.83% | 1.43x | $12.92 Million |
| Akin Tekstil AS (ATEKS) | $190.49 Million | 0.00% | 0.27x | $10.13 Million |
| Bilici Yatirim Sanayi ve Ticaret AS (BLCYT) | $16.16 Million | 0.00% | 0.30x | $38.50 Million |
| Bossa Ticaret ve Sanayi Isletmeleri TAS (BOSSA) | $678.16 Million | 48.24% | 1.72x | $18.55 Million |
| Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) | $59.69 Million | 0.00% | 1.13x | $48.61 Million |
| Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) | $34.61 Million | -25.17% | 2.08x | $7.62 Million |
| Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) | $15.05 Million | 0.24% | 0.51x | $7.36 Million |
| Ensari Deri Gida Sanayi ve Ticaret AS (ENSRI) | $55.50 Million | 3.13% | 1.78x | $204.53 Million |