KUZEY BORU
Kuzey Boru Anonim Sirketi produces and sells plastic pipes and fittings in Turkey and internationally. It provides glass reinforced polyester pipes; corrugated, steel reinforced, geotextile wrapped, and perforated corrugated pipes; high-density polyethylene product, such as pressurized potable water, natural gas, dredging, drainage, and pre-insulated pipes; and cable protection pipes. The company… Read more
KUZEY BORU (KBORU) - Net Assets
Latest net assets as of June 2024: TL2.44 Billion TRY
Based on the latest financial reports, KUZEY BORU (KBORU) has net assets worth TL2.44 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.66 Billion) and total liabilities (TL1.22 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 | TL2.44 Billion |
| % of Total Assets | 66.71% |
| Annual Growth Rate | 346.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 137.8 |
KUZEY BORU - Net Assets Trend (2021–2024)
This chart illustrates how KUZEY BORU's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KUZEY BORU (2021–2024)
The table below shows the annual net assets of KUZEY BORU from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | TL1.67 Billion | +188.81% |
| 2023-06-30 | TL579.38 Million | +394.19% |
| 2022-06-30 | TL117.24 Million | +523.47% |
| 2021-06-30 | TL18.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KUZEY BORU'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 17701.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL491.62 Million | 29.38% |
| Other Components | TL1.18 Billion | 70.62% |
| Total Equity | TL1.67 Billion | 100.00% |
KUZEY BORU Competitors by Market Cap
The table below lists competitors of KUZEY BORU ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuan High-Tech Development Co Ltd
TWO:5474
|
$75.94 Million |
|
Ruby Tech
TWO:8048
|
$75.96 Million |
|
Worldline
LSE:0QVI
|
$76.00 Million |
|
Fast Ejendom
CO:FED
|
$76.00 Million |
|
Catella AB (publ)
ST:CAT-B
|
$75.92 Million |
|
Cornish Metals Inc
PINK:SBWFF
|
$75.90 Million |
|
Kukdo Chemical
KO:007690
|
$75.85 Million |
|
Thessaloniki Port Authority SA
AT:OLTH
|
$75.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KUZEY BORU's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 579,376,671 to 1,673,302,089, a change of 1,093,925,418 (188.8%).
- Net income of 219,222,887 contributed positively to equity growth.
- New share issuances of 684,376,184 increased equity.
- Other factors increased equity by 190,326,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL219.22 Million | +13.1% |
| Share Issuances | TL684.38 Million | +40.9% |
| Other Changes | TL190.33 Million | +11.37% |
| Total Change | TL- | 188.81% |
Book Value vs Market Value Analysis
This analysis compares KUZEY BORU'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: 1.12x
- 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 99.45x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | TL0.19 | TL18.70 | x |
| 2022-06-30 | TL1.17 | TL18.70 | x |
| 2023-06-30 | TL5.79 | TL18.70 | x |
| 2024-06-30 | TL16.73 | TL18.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KUZEY BORU 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): 13.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.71%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.53x
- Recent ROE (13.10%) is below the historical average (16.49%), 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 | 13.07% | 2.31% | 1.15x | 4.90x | TL578.06K |
| 2022 | 4.91% | 2.54% | 0.69x | 2.79x | TL-5.97 Million |
| 2023 | 34.87% | 13.66% | 1.35x | 1.90x | TL144.07 Million |
| 2024 | 13.10% | 10.71% | 0.80x | 1.53x | TL51.89 Million |
Industry Comparison
This section compares KUZEY BORU's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $7,271,771,174,984
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KUZEY BORU (KBORU) | TL2.44 Billion | 13.07% | 0.50x | $75.93 Million |
| Afyon Cimento Sanayi TAS (AFYON) | $228.86 Million | 23.60% | 2.45x | $95.95 Million |
| Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) | $3.67 Billion | 41.47% | 1.20x | $229.30 Million |
| Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) | $464.37 Million | 5.58% | 0.43x | $8.07 Million |
| Bogazici Beton Sanayi ve Ticaret AS (BOBET) | $370.98 Million | 7.98% | 1.84x | $63.02 Million |
| Batisoke Soke Cimento Sanayi TAS (BSOKE) | $217.16 Million | -7.95% | 2.02x | $1.22 Billion |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $425.08 Million | 3.55% | 0.23x | $701.78 Million |
| Bursa Cimento Fabrikasi AS (BUCIM) | $242.77 Million | 0.00% | 0.22x | $120.16 Million |
| Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) | $72.71 Trillion | 0.00% | 0.41x | $487.35 Million |
| Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) | $31.82 Million | 0.00% | 0.62x | $6.40 Million |
| Cimentas Izmir Cimento Fabrikasi TAS (CMENT) | $1.20 Billion | -6.88% | 0.41x | $22.91 Million |