Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS (IHEVA) - Net Assets
Based on the latest financial reports, Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS (IHEVA) has net assets worth TL2.20 Billion TRY (≈ $49.35 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.09 Billion ≈ $69.26 Million USD) and total liabilities (TL888.93 Million ≈ $19.91 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 Ihlas Ev Aletleri Imalat Sanayi ve Ticar assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL2.20 Billion |
| % of Total Assets | 71.25% |
| Annual Growth Rate | 22.96% |
| 5-Year Change | 312.73% |
| 10-Year Change | 1002.42% |
| Growth Volatility | 45.46 |
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS - Net Assets Trend (2005–2025)
This chart illustrates how Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Ihlas Ev Aletleri Imalat Sanayi ve Ticar to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS (2005–2025)
The table below shows the annual net assets of Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS from 2005 to 2025. For live valuation and market cap data, see Ihlas Ev Aletleri Imalat Sanayi ve Ticar market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL2.04 Billion ≈ $45.80 Million |
+1.79% |
| 2024-12-31 | TL2.01 Billion ≈ $45.00 Million |
+35.72% |
| 2023-12-31 | TL1.48 Billion ≈ $33.15 Million |
+103.88% |
| 2022-12-31 | TL726.05 Million ≈ $16.26 Million |
+46.54% |
| 2021-12-31 | TL495.47 Million ≈ $11.10 Million |
+15.16% |
| 2020-12-31 | TL430.24 Million ≈ $9.64 Million |
+8.71% |
| 2019-12-31 | TL395.75 Million ≈ $8.86 Million |
+107.21% |
| 2018-12-31 | TL191.00 Million ≈ $4.28 Million |
+3.61% |
| 2017-12-31 | TL184.34 Million ≈ $4.13 Million |
-0.63% |
| 2016-12-31 | TL185.50 Million ≈ $4.15 Million |
-11.79% |
| 2015-12-31 | TL210.30 Million ≈ $4.71 Million |
+9.93% |
| 2014-12-31 | TL191.30 Million ≈ $4.28 Million |
+2.61% |
| 2013-12-31 | TL186.44 Million ≈ $4.18 Million |
-14.53% |
| 2012-12-31 | TL218.13 Million ≈ $4.89 Million |
+7.21% |
| 2011-12-31 | TL203.46 Million ≈ $4.56 Million |
-12.11% |
| 2010-12-31 | TL231.49 Million ≈ $5.18 Million |
+3.26% |
| 2009-12-31 | TL224.17 Million ≈ $5.02 Million |
+109.68% |
| 2008-12-31 | TL106.91 Million ≈ $2.39 Million |
+32.43% |
| 2007-12-31 | TL80.73 Million ≈ $1.81 Million |
+137.61% |
| 2006-12-31 | TL33.98 Million ≈ $761.00K |
+3.68% |
| 2005-12-31 | TL32.77 Million ≈ $733.99K |
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Equity Component Analysis
This analysis shows how different components contribute to Ihlas Ev Aletleri Imalat Sanayi ve Ticaret 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 15410557300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL154.11 Million | 7.57% |
| Other Components | TL1.88 Billion | 92.43% |
| Total Equity | TL2.04 Billion | 100.00% |
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Puma Exploration Inc
V:PUMA
|
$15.15 Million |
|
Savannah Goldfields Ltd
AU:SVG
|
$15.15 Million |
|
ADTIGER CORP.LTD.DL-0005
F:55U
|
$15.15 Million |
|
Tomypak Holdings Bhd
KLSE:7285
|
$15.15 Million |
|
Raptis Group Ltd
AU:RPG
|
$15.14 Million |
|
EV Nickel Inc
V:EVNI
|
$15.11 Million |
|
FORIS AG
F:FRS
|
$15.10 Million |
|
Bodycote PLC
LSE:BOY
|
$15.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,003,282,234 to 2,036,253,757, a change of 32,971,523 (1.6%).
- Net income of 26,571,249 contributed positively to equity growth.
- New share issuances of 16,838,119 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL26.57 Million | +1.3% |
| Share Issuances | TL16.84 Million | +0.83% |
| Other Changes | TL-10.44 Million | -0.51% |
| Total Change | TL- | 1.65% |
Book Value vs Market Value Analysis
This analysis compares Ihlas Ev Aletleri Imalat Sanayi ve Ticaret 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: 0.33x
- 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 2.03x to 0.33x 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 | TL0.95 | TL1.93 | x |
| 2018-12-31 | TL0.98 | TL1.93 | x |
| 2019-12-31 | TL1.13 | TL1.93 | x |
| 2020-12-31 | TL1.23 | TL1.93 | x |
| 2021-12-31 | TL1.41 | TL1.93 | x |
| 2022-12-31 | TL2.07 | TL1.93 | x |
| 2023-12-31 | TL4.22 | TL1.93 | x |
| 2024-12-31 | TL5.72 | TL1.93 | x |
| 2025-12-31 | TL5.81 | TL1.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ihlas Ev Aletleri Imalat Sanayi ve Ticaret 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): 1.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.71%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 1.36x
- Recent ROE (1.30%) is below the historical average (5.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.55% | 1.68% | 1.15x | 1.83x | TL-2.19 Million |
| 2007 | 7.06% | 7.95% | 0.62x | 1.42x | TL-2.37 Million |
| 2009 | 1.07% | 2.29% | 0.31x | 1.49x | TL-17.29 Million |
| 2010 | 4.50% | 9.04% | 0.35x | 1.41x | TL-11.27 Million |
| 2012 | 10.09% | 19.98% | 0.33x | 1.51x | TL187.90K |
| 2014 | 5.92% | 11.50% | 0.40x | 1.28x | TL-7.80 Million |
| 2015 | 6.12% | 10.70% | 0.42x | 1.36x | TL-7.92 Million |
| 2016 | -0.39% | -0.66% | 0.42x | 1.38x | TL-19.27 Million |
| 2017 | -0.47% | -0.61% | 0.54x | 1.41x | TL-19.29 Million |
| 2018 | 3.58% | 3.54% | 0.71x | 1.43x | TL-12.27 Million |
| 2019 | 10.83% | 18.87% | 0.48x | 1.20x | TL3.29 Million |
| 2020 | 8.68% | 10.05% | 0.74x | 1.17x | TL-5.68 Million |
| 2021 | 18.38% | 16.99% | 0.89x | 1.21x | TL41.50 Million |
| 2022 | 31.14% | 19.67% | 1.25x | 1.26x | TL153.51 Million |
| 2023 | -20.48% | -9.98% | 1.46x | 1.41x | TL-451.20 Million |
| 2024 | 3.74% | 1.99% | 1.35x | 1.39x | TL-125.42 Million |
| 2025 | 1.30% | 0.71% | 1.34x | 1.36x | TL-177.05 Million |
Industry Comparison
This section compares Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $1,993,295,034
- Average return on equity (ROE) among peers: -8.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS (IHEVA) | TL2.20 Billion | 3.55% | 0.40x | $15.15 Million |
| Arcelik AS (ARCLK) | $14.02 Billion | 20.31% | 2.32x | $1.43 Billion |
| Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS (DGNMO) | $29.96 Million | 85.96% | 32.65x | $67.31 Million |
| Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) | $59.89 Million | 9.60% | 2.11x | $43.15 Million |
| Gentas Genel Metal Sanayi ve Ticaret AS (GENTS) | $483.55 Million | 22.16% | 0.77x | $92.56 Million |
| Intema Insaat ve Tesisat Malzemeleri Yatirim ve Pazarlama AS (INTEM) | $9.96 Million | -250.60% | 40.77x | $102.54 Million |
| Isbir Holding AS (ISBIR) | $95.90 Million | 0.00% | 2.90x | $48.46 Million |
| Koleksiyon Mobilya Sanayi AS (KLSYN) | $2.61 Billion | 16.91% | 0.52x | $118.56 Million |
| Kutahya Porselen Sanayi AS (KUTPO) | $588.47 Million | 35.82% | 1.07x | $72.01 Million |
| Silverline Endustri ve Ticaret AS (SILVR) | $42.02 Million | -19.14% | 10.12x | $17.72 Million |
About Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret A.S. engages in the production and sale of household appliances in Turkey and internationally. It offers cleaning robots, water purifiers and heaters, vacuum cleaners, shampooers, carpet washing machine, and teapots under the Aura, Aura Cleanmax, Aura Roboclean, Aura Cebilon, Aura QVac, Aura Livac, and Aura Wdry brand names. The company is also involved … Read more