IZDEMIR Enerji Elektrik Uretim A.S.
IZDEMIR Enerji Elektrik Uretim A.S. produces and sells electricity through coal. It is also involved in the iron-steel and port and power plant, solar energy plant businesses. The company was incorporated in 2007 and is headquartered in Izmir, Turkey. IZDEMIR Enerji Elektrik Uretim A.S. operates as a subsidiary of Izmir Demir Çelik Sanayi Anonim Sirketi.
IZDEMIR Enerji Elektrik Uretim A.S. (IZENR) - Net Assets
Latest net assets as of September 2024: TL12.58 Billion TRY
Based on the latest financial reports, IZDEMIR Enerji Elektrik Uretim A.S. (IZENR) has net assets worth TL12.58 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL13.37 Billion) and total liabilities (TL787.42 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 | TL12.58 Billion |
| % of Total Assets | 94.11% |
| Annual Growth Rate | 153.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 684.57 |
IZDEMIR Enerji Elektrik Uretim A.S. - Net Assets Trend (2020–2023)
This chart illustrates how IZDEMIR Enerji Elektrik Uretim A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IZDEMIR Enerji Elektrik Uretim A.S. (2020–2023)
The table below shows the annual net assets of IZDEMIR Enerji Elektrik Uretim A.S. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL9.95 Billion | +57.73% |
| 2022-12-31 | TL6.31 Billion | +1461.80% |
| 2021-12-31 | TL404.03 Million | -34.16% |
| 2020-12-31 | TL613.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IZDEMIR Enerji Elektrik Uretim 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 grown by 510735904300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.44 Billion | 44.63% |
| Other Components | TL5.51 Billion | 55.37% |
| Total Equity | TL9.95 Billion | 100.00% |
IZDEMIR Enerji Elektrik Uretim A.S. Competitors by Market Cap
The table below lists competitors of IZDEMIR Enerji Elektrik Uretim A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
$256.16 Million |
|
Contango ORE Inc
NYSE MKT:CTGO
|
$256.23 Million |
|
Oxley Bridge Acquisition Limited Class A Ordinary Shares
NASDAQ:OBA
|
$256.29 Million |
|
ITH CORP
TW:6962
|
$256.29 Million |
|
Unizyx Holding Corp
TW:3704
|
$256.10 Million |
|
Shenyang Brilliant Elevator Group Co Ltd
SHE:002689
|
$255.98 Million |
|
VIP Industries Limited
NSE:VIPIND
|
$255.94 Million |
|
Shin Poong Pharm.Co.Ltd.
KO:019170
|
$255.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IZDEMIR Enerji Elektrik Uretim A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,310,133,861 to 9,952,922,307, a change of 3,642,788,446 (57.7%).
- Net income of 1,093,676,335 contributed positively to equity growth.
- New share issuances of 1,601,024,517 increased equity.
- Other factors increased equity by 948,087,594.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.09 Billion | +10.99% |
| Share Issuances | TL1.60 Billion | +16.09% |
| Other Changes | TL948.09 Million | +9.53% |
| Total Change | TL- | 57.73% |
Book Value vs Market Value Analysis
This analysis compares IZDEMIR Enerji Elektrik Uretim 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: 0.55x
- 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 8.88x to 0.55x 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 | TL1.07 | TL9.48 | x |
| 2021-12-31 | TL0.70 | TL9.48 | x |
| 2022-12-31 | TL10.97 | TL9.48 | x |
| 2023-12-31 | TL17.31 | TL9.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IZDEMIR Enerji Elektrik Uretim 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): 10.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.51%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.06x
- Recent ROE (10.99%) is above the historical average (-7.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -21.31% | -14.79% | 0.45x | 3.23x | TL-192.14 Million |
| 2021 | -79.00% | -23.33% | 0.68x | 4.98x | TL-359.60 Million |
| 2022 | 59.61% | 29.85% | 1.62x | 1.23x | TL3.13 Billion |
| 2023 | 10.99% | 14.51% | 0.72x | 1.06x | TL98.38 Million |
Industry Comparison
This section compares IZDEMIR Enerji Elektrik Uretim A.S.'s net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $1,984,870,261
- Average return on equity (ROE) among peers: 10.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IZDEMIR Enerji Elektrik Uretim A.S. (IZENR) | TL12.58 Billion | -21.31% | 0.06x | $256.11 Million |
| Aksa Enerji Uretim AS (AKSEN) | $3.82 Billion | 8.62% | 1.23x | $544.58 Million |
| Dogu Aras Enerji Yatirimlari AS (ARASE) | $441.63 Million | 48.55% | 2.10x | $147.06 Million |
| Can2 Termik AS (CANTE) | $4.41 Billion | 48.47% | 0.72x | $185.94 Million |
| CATES ELEKTRIK (CATES) | $889.92 Million | -19.10% | 3.33x | $47.62 Million |
| Turcas Petrol AS (TRCAS) | $364.67 Million | -34.00% | 2.60x | $136.36 Million |