Ihlas Haber Ajansi AS
Ihlas Haber Ajansi A.S. operates as a news agency in Türkiye and internationally. It offers SNG facilities, live shots, tape playout, field camera crews, ENG crew, editing operations, and studio facilities with live and tape transmission capabilities. The company was founded in 1993 and is headquartered in Istanbul, Türkiye.
Ihlas Haber Ajansi AS (IHAAS) - Net Assets
Latest net assets as of June 2025: TL310.77 Million TRY
Based on the latest financial reports, Ihlas Haber Ajansi AS (IHAAS) has net assets worth TL310.77 Million TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL479.36 Million) and total liabilities (TL168.59 Million). 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 | TL310.77 Million |
| % of Total Assets | 64.83% |
| Annual Growth Rate | 61.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.7 |
Ihlas Haber Ajansi AS - Net Assets Trend (2020–2024)
This chart illustrates how Ihlas Haber Ajansi 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 Ihlas Haber Ajansi AS (2020–2024)
The table below shows the annual net assets of Ihlas Haber Ajansi AS from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL325.50 Million | -18.18% |
| 2023-12-31 | TL397.82 Million | +105.62% |
| 2022-12-31 | TL193.48 Million | +22.65% |
| 2021-12-31 | TL157.75 Million | +232.23% |
| 2020-12-31 | TL47.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ihlas Haber Ajansi 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 decreased by 58968162000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL921.41 Million | 283.08% |
| Total Equity | TL325.50 Million | 100.00% |
Ihlas Haber Ajansi AS Competitors by Market Cap
The table below lists competitors of Ihlas Haber Ajansi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GrafTech International Ltd
NYSE:EAF
|
$107.77 Million |
|
HAIT.UT.INT.FIN.L. H YC 1
F:HA6
|
$107.78 Million |
|
TFF GROUP S.A. INH.EO-40
F:5L1
|
$107.80 Million |
|
InBankshares Corp
OTCQX:INBC
|
$107.81 Million |
|
Korea Asset In Trust Co Ltd
KO:123890
|
$107.76 Million |
|
Bait Vegag Real Estate Development Ltd
TA:BVGG
|
$107.76 Million |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
$107.70 Million |
|
Feintool International Holding AG
PINK:FEIOF
|
$107.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ihlas Haber Ajansi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 397,820,292 to 325,499,740, a change of -72,320,552 (-18.2%).
- Net loss of 67,600,338 reduced equity.
- Other factors decreased equity by 4,720,214.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-67.60 Million | -20.77% |
| Other Changes | TL-4.72 Million | -1.45% |
| Total Change | TL- | -18.18% |
Book Value vs Market Value Analysis
This analysis compares Ihlas Haber Ajansi 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: 42.21x
- 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 113.62x to 42.21x 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 | TL0.74 | TL84.30 | x |
| 2021-12-31 | TL2.46 | TL84.30 | x |
| 2022-12-31 | TL3.02 | TL84.30 | x |
| 2023-12-31 | TL2.44 | TL84.30 | x |
| 2024-12-31 | TL2.00 | TL84.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ihlas Haber Ajansi 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): -20.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.25%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.44x
- Recent ROE (-20.77%) is below the historical average (1.28%), 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 | 26.02% | 17.31% | 0.95x | 1.59x | TL7.61 Million |
| 2021 | 6.66% | 10.99% | 0.49x | 1.23x | TL-5.27 Million |
| 2022 | 18.40% | 20.91% | 0.68x | 1.30x | TL16.25 Million |
| 2023 | -23.91% | -18.22% | 0.94x | 1.40x | TL-134.88 Million |
| 2024 | -20.77% | -17.25% | 0.84x | 1.44x | TL-100.15 Million |
Industry Comparison
This section compares Ihlas Haber Ajansi AS's net assets metrics with peer companies in the Broadcasting industry.
No peer company data available for comparison.