Kayseri Seker Fabrikasi AS
Kayseri Seker Fabrikasi Anonim Sirketi manufactures and sells sugar in Turkey and internationally. It operates through Sugar Production and Other Activities Segments. The company offers crystal sugar from beet. It serves its customers under the Kayseri Sugar brand name. Kayseri Seker Fabrikasi Anonim Sirketi was incorporated in 1955 and is based in Kayseri, Turkey. Kayseri Seker Fabrikasi Anonim … Read more
Kayseri Seker Fabrikasi AS (KAYSE) - Net Assets
Latest net assets as of July 2024: TL28.29 Billion TRY
Based on the latest financial reports, Kayseri Seker Fabrikasi AS (KAYSE) has net assets worth TL28.29 Billion TRY as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL41.47 Billion) and total liabilities (TL13.18 Billion). 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 | TL28.29 Billion |
| % of Total Assets | 68.22% |
| Annual Growth Rate | 143.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 132.19 |
Kayseri Seker Fabrikasi AS - Net Assets Trend (2021–2024)
This chart illustrates how Kayseri Seker Fabrikasi 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 Kayseri Seker Fabrikasi AS (2021–2024)
The table below shows the annual net assets of Kayseri Seker Fabrikasi AS from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | TL27.11 Billion | +12.71% |
| 2023-04-30 | TL24.05 Billion | +335.55% |
| 2022-04-30 | TL5.52 Billion | +195.61% |
| 2021-04-30 | TL1.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kayseri Seker Fabrikasi 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 13088.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL14.74 Billion | 54.39% |
| Other Components | TL12.36 Billion | 45.61% |
| Total Equity | TL27.11 Billion | 100.00% |
Kayseri Seker Fabrikasi AS Competitors by Market Cap
The table below lists competitors of Kayseri Seker Fabrikasi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ubiqconn Technology, Inc.
TW:6928
|
$37.35 Million |
|
Rockwell Medical Inc
NASDAQ:RMTI
|
$37.35 Million |
|
Cytosorbents Crp
NASDAQ:CTSO
|
$37.35 Million |
|
Hwa Fong Rubber (Thailand) Public Company Limited
BK:HFT
|
$37.35 Million |
|
Turmalina Metals Corp
OTCQB:TBXXF
|
$37.32 Million |
|
RF Acquisition Corp II Ordinary Shares
NASDAQ:RFAI
|
$37.31 Million |
|
Orient Precision Industries Inc
KQ:065500
|
$37.30 Million |
|
Nan Liu Enterprise Co Ltd
TW:6504
|
$37.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kayseri Seker Fabrikasi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,049,693,214 to 27,105,445,985, a change of 3,055,752,771 (12.7%).
- Net income of 197,792,202 contributed positively to equity growth.
- Dividend payments of 268,017,859 reduced retained earnings.
- Share repurchases of 454,083,013 reduced equity.
- New share issuances of 2,871,320,648 increased equity.
- Other factors increased equity by 708,740,793.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL197.79 Million | +0.73% |
| Dividends Paid | TL268.02 Million | -0.99% |
| Share Repurchases | TL454.08 Million | -1.68% |
| Share Issuances | TL2.87 Billion | +10.59% |
| Other Changes | TL708.74 Million | +2.61% |
| Total Change | TL- | 12.71% |
Book Value vs Market Value Analysis
This analysis compares Kayseri Seker Fabrikasi 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: 0.12x
- 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 1.74x to 0.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-04-30 | TL2.64 | TL4.60 | x |
| 2022-04-30 | TL7.82 | TL4.60 | x |
| 2023-04-30 | TL34.06 | TL4.60 | x |
| 2024-04-30 | TL38.39 | TL4.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kayseri Seker Fabrikasi 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): 0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.62x
- Recent ROE (0.73%) is below the historical average (12.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -1.41% | -0.92% | 0.64x | 2.39x | TL-212.48 Million |
| 2022 | 24.52% | 26.35% | 0.66x | 1.40x | TL801.50 Million |
| 2023 | 28.13% | 45.15% | 0.42x | 1.50x | TL4.36 Billion |
| 2024 | 0.73% | 1.08% | 0.42x | 1.62x | TL-2.51 Billion |
Industry Comparison
This section compares Kayseri Seker Fabrikasi AS's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $24,420,762,182,968
- Average return on equity (ROE) among peers: 9.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kayseri Seker Fabrikasi AS (KAYSE) | TL28.29 Billion | -1.41% | 0.47x | $37.35 Million |
| Bor Seker As (BORSK) | $2.65 Billion | 32.60% | 0.43x | $12.43 Million |
| Kent Gida Maddeleri Sanayi ve Ticaret AS (KENT) | $146.51 Trillion | 17.29% | 0.45x | $953.15 Million |
| Kervan Gıda Sanayi Ve Ticaret As (KRVGD) | $5.47 Billion | -1.63% | 1.30x | $20.90 Million |
| Kutahya Seker Fabrikasi AS (KTSKR) | $89.05 Million | 20.85% | 0.81x | $9.23 Million |
| Oylum Sinai Yatirimlar AS (OYLUM) | $12.36 Million | -5.26% | 1.24x | $13.49 Million |
| Ulker Biskuvi Sanayi AS (ULKER) | $7.68 Billion | -4.60% | 3.93x | $613.76 Million |