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 strategic asset allocation of Hektas Ticaret TAS to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see HEKTS stock market capitalisation.

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. Also explore Hektas Ticaret TAS equity growth rate to track the company's year-over-year net asset growth rate.

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	--

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
Alpha Networks Inc TW:3380	$504.33 Million
Shenzhen Soling Industrial Co Ltd SHE:002766	$504.55 Million
Churchill Capital Corp XI NASDAQ:CCXI	$504.89 Million
Euroseas Ltd NASDAQ:ESEA	$504.99 Million
NRB Bearing Limited NSE:NRBBEARING	$504.02 Million
MY EG Services Bhd KLSE:0138	$503.93 Million
Jiangxi Chen Guang New Materials Co Ltd SHG:605399	$503.91 Million
Zhejiang Yilida Ventilator Co Ltd SHE:002686	$503.78 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: 1.63x
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 19.99x to 1.63x 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	TL2.67	x
2018-12-31	TL0.23	TL2.67	x
2019-12-31	TL0.42	TL2.67	x
2020-12-31	TL0.58	TL2.67	x
2021-12-31	TL1.64	TL2.67	x
2022-12-31	TL1.38	TL2.67	x
2023-12-31	TL2.98	TL2.67	x
2024-12-31	TL1.63	TL2.67	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: $4,479,599,231,037
Average return on equity (ROE) among peers: 1.02%

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	$504.12 Million
Bagfas Bandirma Gubre Fabrikalari AS (BAGFS)	$138.97 Million	-3.71%	0.58x	$5.98K
Gubre Fabrikalari TAS (GUBRF)	$13.44 Trillion	0.00%	3.11x	$3.45 Billion
Tekfen Holding AS (TKFEN)	$1.34 Billion	6.78%	1.23x	$1.84 Billion

About Hektas Ticaret TAS

IS:HEKTS Turkey Agricultural Inputs

Market Cap

$504.12 Million

TL22.51 Billion TRY

Market Cap Rank

#12223 Global

#106 in Turkey

Share Price

TL2.67

Change (1 day)

-5.99%

52-Week Range

TL2.60 - TL4.83

All Time High

TL18.42