Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi

IS:HATSN Turkey Aerospace & Defense
Market Cap
$230.98 Million
TL8.19 Billion TRY
Market Cap Rank
#21625 Global
#266 in Turkey
Share Price
TL36.98
Change (1 day)
-0.11%
52-Week Range
TL34.54 - TL55.70
All Time High
TL92.25
About

Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi engages building and constructing vessels and steel for marine and land. The company also offers ship repair and maintenance services, including sand blasting and painting services; rudder, shaft, and propeller repair services; cargo and ballast tank treatment services; bow thruster maintenance services; main and auxi… Read more

Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) - Net Assets

Latest net assets as of June 2024: TL3.24 Billion TRY

Based on the latest financial reports, Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) has net assets worth TL3.24 Billion TRY as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL6.11 Billion) and total liabilities (TL2.87 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 TL3.24 Billion
% of Total Assets 53.08%
Annual Growth Rate 260.15%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 735.34

Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi - Net Assets Trend (2020–2023)

This chart illustrates how Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (2020–2023)

The table below shows the annual net assets of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi from 2020 to 2023.

Year Net Assets Change
2023-12-31 TL2.72 Billion +132.98%
2022-12-31 TL1.17 Billion +1630.83%
2021-12-31 TL67.53 Million +15.54%
2020-12-31 TL58.45 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi'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 2995.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings TL1.46 Billion 53.63%
Other Components TL1.26 Billion 46.37%
Total Equity TL2.72 Billion 100.00%

Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi Competitors by Market Cap

The table below lists competitors of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 1,168,879,472 to 2,723,270,739, a change of 1,554,391,267 (133.0%).
  • Net income of 725,247,339 contributed positively to equity growth.
  • New share issuances of 36,793,299 increased equity.
  • Other factors increased equity by 792,350,629.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income TL725.25 Million +26.63%
Share Issuances TL36.79 Million +1.35%
Other Changes TL792.35 Million +29.1%
Total Change TL- 132.98%

Book Value vs Market Value Analysis

This analysis compares Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi'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: 3.01x
  • 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 152.80x to 3.01x 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 TL0.24 TL36.98 x
2021-12-31 TL0.27 TL36.98 x
2022-12-31 TL5.28 TL36.98 x
2023-12-31 TL12.29 TL36.98 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi 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): 26.63%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 32.06%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.77x
  • Recent ROE (26.63%) is below the historical average (27.85%), 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 13.04% 1.82% 1.19x 6.01x TL1.63 Million
2021 11.83% 1.52% 0.54x 14.53x TL1.08 Million
2022 59.91% 31.08% 0.79x 2.45x TL583.36 Million
2023 26.63% 32.06% 0.47x 1.77x TL452.92 Million

Industry Comparison

This section compares Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $13,261,276,176,328
  • Average return on equity (ROE) among peers: 10.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) TL3.24 Billion 13.04% 0.88x $46.20 Million
ALTINAY SAVUNMA (ALTNY) $914.28 Million 3.03% 0.68x $156.34 Million
Aselsan Elektronik Sanayi ve Ticaret AS (ASELS) $53.04 Trillion 0.00% 2.94x $20.54 Billion
OZATA DENIZCILIK (OZATD) $1.95 Billion 38.16% 1.09x $83.20 Million
SDT Uzay ve Savunma Teknolojileri A.S. (SDTTR) $1.84 Billion 0.54% 0.56x $77.61 Million