Kocaer Celik Sanayi ve Ticaret A.S.
Kocaer Celik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, engages in the production and sale of iron and steel products in Turkey and internationally. It offers merchant bars, such as equal angle, round, square, T, serrated flat, and flat bars; UB and UC universal beams, W beam, IPE beams, HEA/HEB beams, and IPN profiles; PFC, C, UPN, UAC, CH, and UPE channels; and mining and… Read more
Kocaer Celik Sanayi ve Ticaret A.S. (KCAER) - Net Assets
Latest net assets as of September 2025: TL11.83 Billion TRY
Based on the latest financial reports, Kocaer Celik Sanayi ve Ticaret A.S. (KCAER) has net assets worth TL11.83 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL23.58 Billion) and total liabilities (TL11.75 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 | TL11.83 Billion |
| % of Total Assets | 50.18% |
| Annual Growth Rate | 146.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 193.74 |
Kocaer Celik Sanayi ve Ticaret A.S. - Net Assets Trend (2020–2024)
This chart illustrates how Kocaer Celik Sanayi ve Ticaret 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 Kocaer Celik Sanayi ve Ticaret A.S. (2020–2024)
The table below shows the annual net assets of Kocaer Celik Sanayi ve Ticaret A.S. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL9.50 Billion | +34.09% |
| 2023-12-31 | TL7.08 Billion | +26.78% |
| 2022-12-31 | TL5.59 Billion | +498.44% |
| 2021-12-31 | TL933.38 Million | +260.37% |
| 2020-12-31 | TL259.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kocaer Celik Sanayi ve Ticaret 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 466678411300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.67 Billion | 49.27% |
| Other Components | TL4.80 Billion | 50.73% |
| Total Equity | TL9.47 Billion | 100.00% |
Kocaer Celik Sanayi ve Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Kocaer Celik Sanayi ve Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Tianyuan Pet Products Co. Ltd. A
SHE:301335
|
$166.94 Million |
|
BTS GROUP AB B SK 1
F:BX1B
|
$166.99 Million |
|
Promotora de Informaciones SA
MC:PRS
|
$167.04 Million |
|
Virgin Galactic Holdings Inc
NYSE:SPCE
|
$167.11 Million |
|
Rana Gruber AS
OL:RANA
|
$166.92 Million |
|
TriSalus Life Sciences Inc.
NASDAQ:TLSI
|
$166.89 Million |
|
Axiomtek Co Ltd
TWO:3088
|
$166.88 Million |
|
Syrah Resources Limited
PINK:SRHYY
|
$166.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kocaer Celik Sanayi ve Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,062,463,397 to 9,470,009,261, a change of 2,407,545,864 (34.1%).
- Net income of 82,898,269 contributed positively to equity growth.
- Dividend payments of 225,329,936 reduced retained earnings.
- Other factors increased equity by 2,549,977,531.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL82.90 Million | +0.88% |
| Dividends Paid | TL225.33 Million | -2.38% |
| Other Changes | TL2.55 Billion | +26.93% |
| Total Change | TL- | 34.09% |
Book Value vs Market Value Analysis
This analysis compares Kocaer Celik Sanayi ve Ticaret 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: 2.42x
- 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 30.47x to 2.42x 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 | TL0.39 | TL11.98 | x |
| 2021-12-31 | TL0.48 | TL11.98 | x |
| 2022-12-31 | TL2.91 | TL11.98 | x |
| 2023-12-31 | TL10.74 | TL11.98 | x |
| 2024-12-31 | TL4.95 | TL11.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kocaer Celik Sanayi ve Ticaret 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): 0.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.43%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.09x
- Recent ROE (0.88%) is below the historical average (17.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 31.48% | 4.14% | 1.37x | 5.56x | TL55.53 Million |
| 2021 | 14.28% | 3.14% | 1.22x | 3.73x | TL39.72 Million |
| 2022 | 17.30% | 5.48% | 1.48x | 2.13x | TL407.03 Million |
| 2023 | 24.16% | 7.68% | 1.82x | 1.73x | TL999.99 Million |
| 2024 | 0.88% | 0.43% | 0.97x | 2.09x | TL-864.10 Million |
Industry Comparison
This section compares Kocaer Celik Sanayi ve Ticaret A.S.'s net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,310,241,378
- Average return on equity (ROE) among peers: 10.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kocaer Celik Sanayi ve Ticaret A.S. (KCAER) | TL11.83 Billion | 31.48% | 0.99x | $166.94 Million |
| Ayes Celik Hasir ve Cit Sanayi AS (AYES) | $32.59 Million | 8.66% | 0.58x | $74.02 Million |
| BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) | $60.73 Million | 16.40% | 0.90x | $32.55 Million |
| Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) | $189.99 Million | 26.85% | 2.18x | $122.56 Million |
| Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) | $2.89 Billion | 2.29% | 1.40x | $341.36 Million |
| Borusan Yatirim ve Pazarlama AS (BRYAT) | $122.34 Million | 5.16% | 0.00x | $594.49 Million |
| Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) | $157.26 Million | 5.41% | 0.14x | $62.64 Million |
| Dofer Yapi Malzemeleri Sanayi ve Ticaret A.S. (DOFER) | $979.13 Million | -8.12% | 0.48x | $16.81 Million |
| Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) | $213.48 Million | 39.45% | 8.58x | $203.74 Million |
| Erciyas Celik Boru Sanayi A.S. (ERCB) | $3.55 Billion | 0.80% | 2.59x | $1.66 Million |
| Eregli Demir ve Celik Fabrikalari TAS (EREGL) | $4.91 Billion | 3.94% | 0.47x | $2.86 Billion |