Ihlas Yayin Holding A.S. (IHYAY) - Net Assets
Based on the latest financial reports, Ihlas Yayin Holding A.S. (IHYAY) has net assets worth TL3.39 Billion TRY (≈ $75.87 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 (TL6.15 Billion ≈ $137.82 Million USD) and total liabilities (TL2.77 Billion ≈ $61.94 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 Ihlas Yayin Holding A.S. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL3.39 Billion |
| % of Total Assets | 55.05% |
| Annual Growth Rate | 17.84% |
| 5-Year Change | 540.81% |
| 10-Year Change | 1104.08% |
| Growth Volatility | 49.79 |
Ihlas Yayin Holding A.S. - Net Assets Trend (2009–2024)
This chart illustrates how Ihlas Yayin Holding A.S.'s net assets have evolved over time, based on quarterly financial data. Also explore Ihlas Yayin Holding A.S. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Ihlas Yayin Holding A.S. (2009–2024)
The table below shows the annual net assets of Ihlas Yayin Holding A.S. from 2009 to 2024. For live valuation and market cap data, see Ihlas Yayin Holding A.S. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.09 Billion ≈ $69.29 Million |
-4.76% |
| 2023-12-31 | TL3.25 Billion ≈ $72.75 Million |
+111.81% |
| 2022-12-31 | TL1.53 Billion ≈ $34.35 Million |
+31.15% |
| 2021-12-31 | TL1.17 Billion ≈ $26.19 Million |
+142.21% |
| 2020-12-31 | TL482.78 Million ≈ $10.81 Million |
+113.30% |
| 2019-12-31 | TL226.34 Million ≈ $5.07 Million |
-2.49% |
| 2018-12-31 | TL232.12 Million ≈ $5.20 Million |
-3.20% |
| 2017-12-31 | TL239.78 Million ≈ $5.37 Million |
-2.71% |
| 2016-12-31 | TL246.46 Million ≈ $5.52 Million |
-4.08% |
| 2015-12-31 | TL256.94 Million ≈ $5.75 Million |
-3.43% |
| 2014-12-31 | TL266.07 Million ≈ $5.96 Million |
+6.89% |
| 2013-12-31 | TL248.92 Million ≈ $5.58 Million |
-0.46% |
| 2012-12-31 | TL250.06 Million ≈ $5.60 Million |
-10.74% |
| 2011-12-31 | TL280.15 Million ≈ $6.27 Million |
+1.95% |
| 2010-12-31 | TL274.81 Million ≈ $6.15 Million |
+4.21% |
| 2009-12-31 | TL263.70 Million ≈ $5.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ihlas Yayin Holding A.S.'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 590247723500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL6.71 Billion | 829.72% |
| Total Equity | TL808.87 Million | 100.00% |
Ihlas Yayin Holding A.S. Competitors by Market Cap
The table below lists competitors of Ihlas Yayin Holding A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Energy Corp
V:SOU
|
$18.24 Million |
|
Bakkavor Group PLC
LSE:BAKK
|
$18.25 Million |
|
Cliq Digital AG
F:CLIQ
|
$18.28 Million |
|
IXUP Ltd
AU:IXU
|
$18.29 Million |
|
Scibase AB
ST:SCIB
|
$18.23 Million |
|
RLF Agtech Ltd
AU:RLF
|
$18.23 Million |
|
Volt Resources Ltd
AU:VRC
|
$18.23 Million |
|
Trigon Metals Inc
V:TM
|
$18.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ihlas Yayin Holding A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,026,897,203 to 808,870,660, a change of -218,026,543 (-21.2%).
- Net loss of 227,229,386 reduced equity.
- Other factors increased equity by 9,202,843.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-227.23 Million | -28.09% |
| Other Changes | TL9.20 Million | +1.14% |
| Total Change | TL- | -21.23% |
Book Value vs Market Value Analysis
This analysis compares Ihlas Yayin Holding A.S.'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: 1.01x
- 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 3.30x to 1.01x 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 | TL0.55 | TL1.81 | x |
| 2018-12-31 | TL0.46 | TL1.81 | x |
| 2019-12-31 | TL0.41 | TL1.81 | x |
| 2020-12-31 | TL0.81 | TL1.81 | x |
| 2021-12-31 | TL0.94 | TL1.81 | x |
| 2022-12-31 | TL1.24 | TL1.81 | x |
| 2023-12-31 | TL2.28 | TL1.81 | x |
| 2024-12-31 | TL1.80 | TL1.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ihlas Yayin Holding A.S. 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): -28.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.15%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 6.19x
- Recent ROE (-28.09%) is below the historical average (-6.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 13.53% | 12.22% | 0.47x | 2.37x | TL5.61 Million |
| 2015 | -6.62% | -6.40% | 0.42x | 2.49x | TL-25.10 Million |
| 2016 | -8.47% | -7.76% | 0.42x | 2.61x | TL-26.02 Million |
| 2017 | -6.15% | -4.77% | 0.49x | 2.64x | TL-21.66 Million |
| 2018 | -8.77% | -4.65% | 0.58x | 3.24x | TL-21.31 Million |
| 2019 | 1.35% | 0.58% | 0.61x | 3.83x | TL-8.76 Million |
| 2020 | 1.77% | 2.55% | 0.40x | 1.74x | TL-30.06 Million |
| 2021 | 7.52% | 9.57% | 0.24x | 3.26x | TL-10.49 Million |
| 2022 | 16.68% | 12.67% | 0.40x | 3.29x | TL37.18 Million |
| 2023 | -51.25% | -20.57% | 0.52x | 4.76x | TL-629.00 Million |
| 2024 | -28.09% | -9.15% | 0.50x | 6.19x | TL-308.12 Million |
Industry Comparison
This section compares Ihlas Yayin Holding A.S.'s net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $241,741,630
- Average return on equity (ROE) among peers: -1.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ihlas Yayin Holding A.S. (IHYAY) | TL3.39 Billion | 13.53% | 0.82x | $18.24 Million |
| Dogan Burda Dergi Yayincilik ve Pazarlama AS (BIGTK) | $35.41 Million | 7.13% | 0.78x | $161.30 Million |
| Dogan Burda Dergi Yayincilik ve Pazarlama AS (DOBUR) | $34.49 Million | 0.95% | 0.39x | $223.42 Million |
| Hurriyet Gazetecilik ve Matbaacilik AS (HURGZ) | $639.55 Million | -12.64% | 0.51x | $105.41 Million |
| Ihlas Gazetecilik AS (IHGZT) | $257.51 Million | -1.15% | 0.21x | $27.41 Million |
About Ihlas Yayin Holding A.S.
Ihlas Yayin Holding A.S., through its subsidiaries, engages in media, publishing, and advertising businesses in Turkey. It publishes newspaper under the Türkiye Newspaper name; operates news agency, which provides video news service in Turkey; and produces and publishes special news through TGRT News TV. The company also broadcasts live news and programs through digital platforms, such as Digitur… Read more