Halk Gayrimenkul Yatirim Ortakligi AS Net Assets
Halk Gayrimenkul Yatirim Ortakligi AS net assets. Based on the latest financial reports, Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) has net assets worth TL65.27 Billion TRY (≈ $1.46 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL103.13 Billion ≈ $2.31 Billion USD) and total liabilities (TL37.86 Billion ≈ $848.04 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. Also explore HLGYO shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL65.27 Billion |
| % of Total Assets | 63.29% |
| Annual Growth Rate | 39.58% |
| 5-Year Change | 1545.02% |
| 10-Year Change | 3230.19% |
| Growth Volatility | 64.13 |
Net Assets of Halk Gayrimenkul Yatirim Ortakligi AS (2011–2025)
Net assets of Halk Gayrimenkul Yatirim Ortakligi AS from 2011 to 2025. This chart illustrates how Halk Gayrimenkul Yatirim Ortakligi AS's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Halk Gayrimenkul Yatirim Ortakligi AS to measure how much of total assets are equity-financed.
Annual Net Assets for Halk Gayrimenkul Yatirim Ortakligi AS (2011–2025)
The table below shows the annual net assets of Halk Gayrimenkul Yatirim Ortakligi AS from 2011 to 2025. For live market cap and overall valuation, see market cap of Halk Gayrimenkul Yatirim Ortakligi AS.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL54.29 Billion ≈ $1.22 Billion |
+32.30% |
| 2024-12-31 | TL41.03 Billion ≈ $919.05 Million |
+41.55% |
| 2023-12-31 | TL28.99 Billion ≈ $649.30 Million |
+177.86% |
| 2022-12-31 | TL10.43 Billion ≈ $233.68 Million |
+216.14% |
| 2021-12-31 | TL3.30 Billion ≈ $73.92 Million |
+12.77% |
| 2020-12-31 | TL2.93 Billion ≈ $65.55 Million |
+13.51% |
| 2019-12-31 | TL2.58 Billion ≈ $57.75 Million |
+13.32% |
| 2018-12-31 | TL2.28 Billion ≈ $50.96 Million |
+21.05% |
| 2017-12-31 | TL1.88 Billion ≈ $42.09 Million |
+15.29% |
| 2016-12-31 | TL1.63 Billion ≈ $36.51 Million |
+6.70% |
| 2015-12-31 | TL1.53 Billion ≈ $34.22 Million |
+84.56% |
| 2014-12-31 | TL827.79 Million ≈ $18.54 Million |
+7.62% |
| 2013-12-31 | TL769.18 Million ≈ $17.23 Million |
+47.54% |
| 2012-12-31 | TL521.32 Million ≈ $11.68 Million |
+2.37% |
| 2011-12-31 | TL509.25 Million ≈ $11.41 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Halk Gayrimenkul Yatirim Ortakligi 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 96451.1% over the analyzed period, indicating profitable operations and earnings retention.
Halk Gayrimenkul Yatirim Ortakligi AS Net Assets Breakdown (December 2025)
Halk Gayrimenkul Yatirim Ortakligi AS net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL31.14 Billion | 57.36% |
| Other Components | TL23.15 Billion | 42.64% |
| Total Equity | TL54.29 Billion | 100.00% |
Halk Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap
The table below lists competitors of Halk Gayrimenkul Yatirim Ortakligi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sphera Franchise Group SA MiFID Eligible Security
RO:SFG
|
$288.32 Million |
|
Ainsworth Game Technology Ltd
AU:AGI
|
$288.35 Million |
|
HCM IV Acquisition Corp. Class A Ordinary Share
NASDAQ:HACQ
|
$288.36 Million |
|
Orbit Technologies Ltd
TA:ORBI
|
$288.39 Million |
|
Fluxys Belgium
BR:FLUX
|
$288.23 Million |
|
Healthco Healthcare and Wellness REIT
AU:HCW
|
$288.07 Million |
|
Bourse Direct SA
PA:BSD
|
$287.98 Million |
|
BLS E-Services Limited
NSE:BLSE
|
$287.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halk Gayrimenkul Yatirim Ortakligi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,033,952,573 to 54,288,595,311, a change of 13,254,642,738 (32.3%).
- Net income of 13,278,610,834 contributed positively to equity growth.
- Dividend payments of 17,949,828 reduced retained earnings.
- Share repurchases of 1,411,875 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL13.28 Billion | +24.46% |
| Dividends Paid | TL17.95 Million | -0.03% |
| Share Repurchases | TL1.41 Million | -0.0% |
| Other Changes | TL-4.61 Million | -0.01% |
| Total Change | TL- | 32.30% |
Book Value vs Market Value Analysis
This analysis compares Halk Gayrimenkul Yatirim Ortakligi 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: 0.24x
- 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 1.81x to 0.24x 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 | TL1.90 | TL3.43 | x |
| 2018-12-31 | TL2.30 | TL3.43 | x |
| 2019-12-31 | TL2.60 | TL3.43 | x |
| 2020-12-31 | TL2.95 | TL3.43 | x |
| 2021-12-31 | TL3.24 | TL3.43 | x |
| 2022-12-31 | TL6.79 | TL3.43 | x |
| 2023-12-31 | TL9.25 | TL3.43 | x |
| 2024-12-31 | TL10.48 | TL3.43 | x |
| 2025-12-31 | TL14.47 | TL3.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halk Gayrimenkul Yatirim Ortakligi 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): 24.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 67.12%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.49x
- Recent ROE (24.46%) is above the historical average (15.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.10% | 53.85% | 0.07x | 1.16x | TL-45.41 Million |
| 2014 | 7.41% | 70.83% | 0.09x | 1.12x | TL-21.43 Million |
| 2015 | 13.28% | 203.62% | 0.06x | 1.06x | TL50.14 Million |
| 2016 | 6.60% | 135.31% | 0.04x | 1.14x | TL-55.35 Million |
| 2017 | 13.41% | 306.55% | 0.03x | 1.26x | TL64.17 Million |
| 2018 | 17.35% | 123.70% | 0.12x | 1.15x | TL167.29 Million |
| 2019 | 12.47% | 247.28% | 0.04x | 1.18x | TL63.59 Million |
| 2020 | 12.04% | 232.08% | 0.04x | 1.20x | TL59.80 Million |
| 2021 | 11.47% | 361.92% | 0.02x | 1.39x | TL48.54 Million |
| 2022 | 63.28% | 3994.66% | 0.01x | 1.37x | TL5.56 Billion |
| 2023 | 12.87% | 163.75% | 0.06x | 1.40x | TL833.27 Million |
| 2024 | 3.90% | 69.71% | 0.04x | 1.53x | TL-2.50 Billion |
| 2025 | 24.46% | 67.12% | 0.24x | 1.49x | TL7.85 Billion |
Industry Comparison
This section compares Halk Gayrimenkul Yatirim Ortakligi AS's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $644,683,762
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) | TL65.27 Billion | 4.10% | 0.58x | $288.29 Million |
| Akis Gayrimenkul Yatirim Ortakligi AS (AKSGY) | $480.61 Million | 0.00% | 1.07x | $472.20 Million |
| Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO) | $198.42 Million | 3.02% | 0.09x | $14.86 Million |
| Ata Gayrimenkul Yatirim Ortakligi AS (ATAGY) | $27.35 Million | 3.86% | 0.01x | $7.17 Million |
| Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) | $114.10 Million | 21.94% | 0.50x | $168.80 Million |
| Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) | $719.94 Million | 13.63% | 0.40x | $59.58 Million |
| Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) | $229.51 Million | -5.22% | 1.72x | $30.49 Million |
| EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) | $88.22 Million | 0.00% | 7.71x | $26.50 Million |
| Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) | $3.86 Billion | 7.70% | 0.48x | $384.81 Million |
| Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi AS (KGYO) | $83.77 Million | 1.84% | 0.16x | $110.55 Million |
About Halk Gayrimenkul Yatirim Ortakligi AS
Halk Gayrimenkul Yatirim Ortakligi A.S operates as a subsidiary of Turkiye Halk Bankasi A.S.