Izmir Demir Celik Sanayi AS (IZMDC) - Net Assets
Based on the latest financial reports, Izmir Demir Celik Sanayi AS (IZMDC) has net assets worth TL25.72 Billion TRY (≈ $575.99 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 (TL59.33 Billion ≈ $1.33 Billion USD) and total liabilities (TL33.61 Billion ≈ $752.76 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 IZMDC total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL25.72 Billion |
| % of Total Assets | 43.35% |
| Annual Growth Rate | -28.19% |
| 5-Year Change | 2897.68% |
| 10-Year Change | 3448.67% |
| Growth Volatility | 188.11 |
Izmir Demir Celik Sanayi AS - Net Assets Trend (2000–2025)
This chart illustrates how Izmir Demir Celik Sanayi AS's net assets have evolved over time, based on quarterly financial data. Check IZMDC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Izmir Demir Celik Sanayi AS (2000–2025)
The table below shows the annual net assets of Izmir Demir Celik Sanayi AS from 2000 to 2025. For live valuation and market cap data, see IZMDC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL24.00 Billion ≈ $537.44 Million |
-7.43% |
| 2024-12-31 | TL25.92 Billion ≈ $580.59 Million |
-1.14% |
| 2023-12-31 | TL26.22 Billion ≈ $587.29 Million |
+928.29% |
| 2022-12-31 | TL2.55 Billion ≈ $57.11 Million |
+218.56% |
| 2021-12-31 | TL800.47 Million ≈ $17.93 Million |
+81.01% |
| 2020-12-31 | TL442.22 Million ≈ $9.90 Million |
+35.20% |
| 2019-12-31 | TL327.09 Million ≈ $7.33 Million |
+3.29% |
| 2018-12-31 | TL316.68 Million ≈ $7.09 Million |
-53.68% |
| 2017-12-31 | TL683.60 Million ≈ $15.31 Million |
+1.10% |
| 2016-12-31 | TL676.18 Million ≈ $15.14 Million |
+154.04% |
| 2015-12-31 | TL266.17 Million ≈ $5.96 Million |
-43.33% |
| 2014-12-31 | TL469.67 Million ≈ $10.52 Million |
-5.31% |
| 2013-12-31 | TL495.99 Million ≈ $11.11 Million |
-18.29% |
| 2012-12-31 | TL607.01 Million ≈ $13.60 Million |
+0.68% |
| 2011-12-31 | TL602.88 Million ≈ $13.50 Million |
+54.00% |
| 2010-12-31 | TL391.49 Million ≈ $8.77 Million |
+4.29% |
| 2009-12-31 | TL375.40 Million ≈ $8.41 Million |
-4.42% |
| 2008-12-31 | TL392.77 Million ≈ $8.80 Million |
+30.89% |
| 2007-12-31 | TL300.08 Million ≈ $6.72 Million |
+21.37% |
| 2006-12-31 | TL247.24 Million ≈ $5.54 Million |
+29.27% |
| 2005-12-31 | TL191.25 Million ≈ $4.28 Million |
+14.65% |
| 2004-12-31 | TL166.82 Million ≈ $3.74 Million |
-100.00% |
| 2003-12-31 | TL167.46 Trillion ≈ $3.75 Trillion |
+16.38% |
| 2002-12-31 | TL143.89 Trillion ≈ $3.22 Trillion |
+46.59% |
| 2001-12-31 | TL98.15 Trillion ≈ $2.20 Trillion |
+3.87% |
| 2000-12-31 | TL94.50 Trillion ≈ $2.12 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to Izmir Demir Celik Sanayi 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 100.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL23.29 Billion | 130.70% |
| Total Equity | TL17.82 Billion | 100.00% |
Izmir Demir Celik Sanayi AS Competitors by Market Cap
The table below lists competitors of Izmir Demir Celik Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUNSEA Telecommunications Co Ltd
SHE:002313
|
$449.25 Million |
|
EMX Royalty Corp
V:EMX
|
$449.29 Million |
|
Deutsche Rohstoff AG
XETRA:DR0
|
$449.31 Million |
|
YTL Hospitality REIT
KLSE:5109
|
$449.31 Million |
|
NACL Industries Limited
NSE:NACLIND
|
$449.17 Million |
|
YungShin Global Holding Corp
TW:3705
|
$448.97 Million |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
$448.90 Million |
|
Iteos Therapeutics Inc
NASDAQ:ITOS
|
$448.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Izmir Demir Celik Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,004,084,573 to 17,821,508,953, a change of -2,182,575,620 (-10.9%).
- Net loss of 1,884,059,380 reduced equity.
- Other factors decreased equity by 298,516,240.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-1.88 Billion | -10.57% |
| Other Changes | TL-298.52 Million | -1.68% |
| Total Change | TL- | -10.91% |
Book Value vs Market Value Analysis
This analysis compares Izmir Demir Celik Sanayi 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: 1.13x
- 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 25.18x to 1.13x 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 | TL0.53 | TL13.37 | x |
| 2018-12-31 | TL0.25 | TL13.37 | x |
| 2019-12-31 | TL0.25 | TL13.37 | x |
| 2020-12-31 | TL0.34 | TL13.37 | x |
| 2021-12-31 | TL0.52 | TL13.37 | x |
| 2022-12-31 | TL1.63 | TL13.37 | x |
| 2023-12-31 | TL14.77 | TL13.37 | x |
| 2024-12-31 | TL13.34 | TL13.37 | x |
| 2025-12-31 | TL11.88 | TL13.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Izmir Demir Celik Sanayi 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): -10.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.96%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 3.06x
- Recent ROE (-10.57%) is above the historical average (-27.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.66% | 2.88% | 1.50x | 1.54x | TL-6.39 Million |
| 2007 | 17.61% | 6.76% | 1.84x | 1.42x | TL22.83 Million |
| 2008 | 33.50% | 9.41% | 2.12x | 1.68x | TL92.31 Million |
| 2010 | 4.44% | 1.89% | 1.46x | 1.61x | TL-21.76 Million |
| 2011 | 8.84% | 3.70% | 1.15x | 2.08x | TL-6.92 Million |
| 2012 | 0.07% | 0.03% | 1.18x | 2.30x | TL-58.45 Million |
| 2014 | -7.81% | -1.57% | 1.08x | 4.58x | TL-76.59 Million |
| 2015 | -74.17% | -8.82% | 1.00x | 8.45x | TL-207.75 Million |
| 2016 | -11.84% | -3.25% | 0.76x | 4.83x | TL-135.30 Million |
| 2017 | 2.31% | 0.50% | 0.98x | 4.70x | TL-49.80 Million |
| 2018 | -113.44% | -7.32% | 1.37x | 11.27x | TL-371.89 Million |
| 2019 | -172.59% | -12.71% | 0.98x | 13.83x | TL-553.58 Million |
| 2020 | -111.39% | -8.74% | 1.13x | 11.30x | TL-496.63 Million |
| 2021 | -98.43% | -7.08% | 1.40x | 9.96x | TL-843.93 Million |
| 2022 | 46.80% | 4.64% | 2.13x | 4.74x | TL898.28 Million |
| 2023 | 7.12% | 3.11% | 1.05x | 2.18x | TL-637.63 Million |
| 2024 | -14.01% | -4.60% | 1.06x | 2.86x | TL-4.80 Billion |
| 2025 | -10.57% | -2.96% | 1.16x | 3.06x | TL-3.67 Billion |
Industry Comparison
This section compares Izmir Demir Celik Sanayi AS's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $5,833,675,529
- Average return on equity (ROE) among peers: 6.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Izmir Demir Celik Sanayi AS (IZMDC) | TL25.72 Billion | 6.66% | 1.31x | $449.18 Million |
| Ayes Celik Hasir ve Cit Sanayi AS (AYES) | $54.67 Million | 28.22% | 2.13x | $110.53 Million |
| BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) | $962.85 Million | -20.46% | 0.69x | $27.37 Million |
| Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) | $1.14 Billion | -0.97% | 0.82x | $156.76 Million |
| Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) | $224.80 Million | 0.00% | 2.64x | $1.82 Billion |
| Borusan Yatirim ve Pazarlama AS (BRYAT) | $441.62 Million | 7.18% | 0.02x | $1.09 Billion |
| Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) | $592.12 Million | 23.45% | 0.18x | $99.11 Million |
| Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) | $6.78 Billion | -15.44% | 1.93x | $153.84 Million |
| Erciyas Celik Boru Sanayi A.S. (ERCB) | $1.16 Billion | 2.13% | 1.74x | $83.43 Million |
| Eregli Demir ve Celik Fabrikalari TAS (EREGL) | $31.25 Billion | 10.61% | 0.49x | $5.82 Billion |
| Iskenderun Demir ve Celik AS (ISDMR) | $15.73 Billion | 26.12% | 0.33x | $3.43 Billion |
About Izmir Demir Celik Sanayi AS
Izmir Demir Çelik Sanayi Anonim Sirketi, together with its subsidiaries, engages in the production, marketing, and sale of iron and steel in Turkey and internationally. It operates through three segments: Iron and Steel Operations; Port Operations; and Energy Operations. It is also involved in energy production and trading, and provision of transportation and port management services. The company… Read more