Hektas Ticaret TAS (HEKTS) - Net Assets

Latest as of September 2025: TL14.70 Billion TRY ≈ $329.13 Million USD

Based on the latest financial reports, Hektas Ticaret TAS (HEKTS) has net assets worth TL14.70 Billion TRY (≈ $329.13 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL27.21 Billion ≈ $609.50 Million USD) and total liabilities (TL12.52 Billion ≈ $280.37 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 Hektas Ticaret TAS (HEKTS) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets TL14.70 Billion
% of Total Assets 54.0%
Annual Growth Rate -29.67%
5-Year Change 1870.38%
10-Year Change 11805.66%
Growth Volatility 52.37

Hektas Ticaret TAS - Net Assets Trend (2002–2024)

This chart illustrates how Hektas Ticaret TAS's net assets have evolved over time, based on quarterly financial data. Also explore Hektas Ticaret TAS assets under control for the complete picture of this company's asset base.

Annual Net Assets for Hektas Ticaret TAS (2002–2024)

The table below shows the annual net assets of Hektas Ticaret TAS from 2002 to 2024. For live valuation and market cap data, see Hektas Ticaret TAS market capitalisation.

Year Net Assets Change
2024-12-31 TL13.73 Billion
≈ $307.61 Million
+82.16%
2023-12-31 TL7.54 Billion
≈ $168.87 Million
+116.12%
2022-12-31 TL3.49 Billion
≈ $78.14 Million
+147.05%
2021-12-31 TL1.41 Billion
≈ $31.63 Million
+102.60%
2020-12-31 TL697.03 Million
≈ $15.61 Million
+37.38%
2019-12-31 TL507.37 Million
≈ $11.36 Million
+103.33%
2018-12-31 TL249.53 Million
≈ $5.59 Million
+74.66%
2017-12-31 TL142.87 Million
≈ $3.20 Million
+15.71%
2016-12-31 TL123.47 Million
≈ $2.77 Million
+7.03%
2015-12-31 TL115.36 Million
≈ $2.58 Million
+5.19%
2014-12-31 TL109.67 Million
≈ $2.46 Million
+6.51%
2013-12-31 TL102.97 Million
≈ $2.31 Million
+1.01%
2012-12-31 TL101.94 Million
≈ $2.28 Million
+8.57%
2011-12-31 TL93.90 Million
≈ $2.10 Million
+0.45%
2010-12-31 TL93.48 Million
≈ $2.09 Million
+10.87%
2009-12-31 TL84.32 Million
≈ $1.89 Million
+6.39%
2008-12-31 TL79.26 Million
≈ $1.78 Million
+3.64%
2007-12-31 TL76.47 Million
≈ $1.71 Million
+7.00%
2006-12-31 TL71.47 Million
≈ $1.60 Million
+8.09%
2005-12-31 TL66.12 Million
≈ $1.48 Million
+20.11%
2004-12-31 TL55.05 Million
≈ $1.23 Million
-100.00%
2003-12-31 TL45.80 Trillion
≈ $1.03 Trillion
+44.72%
2002-12-31 TL31.65 Trillion
≈ $708.90 Billion
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Equity Component Analysis

This analysis shows how different components contribute to Hektas Ticaret TAS'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 decreased by 100.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components TL16.05 Billion 116.52%
Total Equity TL13.77 Billion 100.00%

Hektas Ticaret TAS Competitors by Market Cap

The table below lists competitors of Hektas Ticaret TAS ranked by their market capitalization.

Company Market Cap
Lindian Resources Ltd
AU:LIN
$647.63 Million
Zhuhai Rundu Pharmaceutical Co Ltd Class A
SHE:002923
$647.85 Million
Shenzhen Longli Technology Co Ltd Class A
SHE:300752
$648.00 Million
Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921
$648.30 Million
Tiptree Inc
NASDAQ:TIPT
$647.54 Million
Alerus Financial Corp
NASDAQ:ALRS
$647.19 Million
X Fab Silicon Foundries EV
PA:XFAB
$646.89 Million
Levinstein Eng
TA:LEVI
$646.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hektas Ticaret TAS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,548,835,979 to 13,772,162,689, a change of 6,223,326,710 (82.4%).
  • Net loss of 2,726,725,533 reduced equity.
  • New share issuances of 6,034,359,312 increased equity.
  • Other factors increased equity by 2,915,692,931.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL-2.73 Billion -19.8%
Share Issuances TL6.03 Billion +43.82%
Other Changes TL2.92 Billion +21.17%
Total Change TL- 82.44%

Book Value vs Market Value Analysis

This analysis compares Hektas Ticaret TAS'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: 2.10x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 25.68x to 2.10x 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 TL0.13 TL3.43 x
2018-12-31 TL0.23 TL3.43 x
2019-12-31 TL0.42 TL3.43 x
2020-12-31 TL0.58 TL3.43 x
2021-12-31 TL1.64 TL3.43 x
2022-12-31 TL1.38 TL3.43 x
2023-12-31 TL2.98 TL3.43 x
2024-12-31 TL1.63 TL3.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hektas Ticaret TAS 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): -19.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -56.02%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.75x
  • Recent ROE (-19.80%) is below the historical average (16.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 10.62% 10.87% 0.72x 1.36x TL413.10K
2006 7.49% 7.74% 0.77x 1.26x TL-1.80 Million
2007 12.88% 14.13% 0.71x 1.29x TL2.20 Million
2008 14.15% 16.94% 0.62x 1.34x TL3.29 Million
2010 15.37% 16.98% 0.67x 1.35x TL5.02 Million
2011 13.72% 12.62% 0.68x 1.59x TL3.49 Million
2012 19.08% 16.56% 0.91x 1.26x TL9.26 Million
2013 17.51% 15.96% 0.85x 1.29x TL7.74 Million
2014 20.26% 16.02% 0.87x 1.45x TL11.25 Million
2015 21.02% 15.03% 0.87x 1.61x TL12.71 Million
2016 23.76% 16.60% 0.86x 1.66x TL16.99 Million
2017 34.46% 19.52% 0.78x 2.26x TL34.95 Million
2018 42.56% 21.36% 0.72x 2.76x TL81.24 Million
2019 28.69% 19.87% 0.60x 2.42x TL94.83 Million
2020 27.02% 18.58% 0.50x 2.92x TL118.63 Million
2021 23.07% 16.12% 0.44x 3.28x TL184.54 Million
2022 23.05% 15.32% 0.43x 3.51x TL454.17 Million
2023 -16.80% -14.54% 0.34x 3.37x TL-2.02 Billion
2024 -19.80% -56.02% 0.20x 1.75x TL-4.10 Billion

Industry Comparison

This section compares Hektas Ticaret TAS's net assets metrics with peer companies in the Agricultural Inputs industry.

Industry Context

  • Industry: Agricultural Inputs
  • Average net assets among peers: $3,360,107,114,249
  • Average return on equity (ROE) among peers: -10.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hektas Ticaret TAS (HEKTS) TL14.70 Billion 10.62% 0.85x $647.62 Million
Bagfas Bandirma Gubre Fabrikalari AS (BAGFS) $4.70 Billion -32.07% 0.93x $7.46K
Gubre Fabrikalari TAS (GUBRF) $10.07 Trillion 0.00% 2.65x $3.97 Billion
Tekfen Holding AS (TKFEN) $1.92 Billion 0.00% 1.44x $1.18 Billion

About Hektas Ticaret TAS

IS:HEKTS Turkey Agricultural Inputs
Market Cap
$647.62 Million
TL28.91 Billion TRY
Market Cap Rank
#11225 Global
#101 in Turkey
Share Price
TL3.43
Change (1 day)
+3.94%
52-Week Range
TL2.80 - TL4.99
All Time High
TL18.42
About

Hektas Ticaret T.A.S. produces, imports, and markets agricultural and veterinary pesticides in Turkey. The company's crop protection products include fungicides, herbicides, insecticides, acaricides, biological products, fumigants and nemathists, plant growth regulators, winter struggle medicines and summer oils, spreaders-adhesives, pheromons, and molluscicide and others. It offers smart base, o… Read more