Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B
Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S. produces and sells iron and steel products in Turkey. The company's product portfolio includes railway rails and wheels, profiles, wire rods, rebars, billets, granule blast furnace slag, and products from its air separation plant. It offers GI sections for mine support, as well as coke and by-products. The company also engages in casting and mac… Read more
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B (KRDMB) - Net Assets
Latest net assets as of September 2025: TL63.91 Billion TRY
Based on the latest financial reports, Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B (KRDMB) has net assets worth TL63.91 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 (TL99.54 Billion) and total liabilities (TL35.63 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 | TL63.91 Billion |
| % of Total Assets | 64.21% |
| Annual Growth Rate | 41.8% |
| 5-Year Change | 1217.82% |
| 10-Year Change | 2089.72% |
| Growth Volatility | 72.09 |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B - Net Assets Trend (2014–2024)
This chart illustrates how Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B (2014–2024)
The table below shows the annual net assets of Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL51.44 Billion | +39.60% |
| 2023-12-31 | TL36.84 Billion | +221.46% |
| 2022-12-31 | TL11.46 Billion | +15.05% |
| 2021-12-31 | TL9.96 Billion | +155.22% |
| 2020-12-31 | TL3.90 Billion | +0.57% |
| 2019-12-31 | TL3.88 Billion | -5.05% |
| 2018-12-31 | TL4.09 Billion | +67.00% |
| 2017-12-31 | TL2.45 Billion | +9.39% |
| 2016-12-31 | TL2.24 Billion | -4.75% |
| 2015-12-31 | TL2.35 Billion | +50.12% |
| 2014-12-31 | TL1.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B'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 6953.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL34.71 Billion | 67.48% |
| Other Components | TL16.73 Billion | 32.52% |
| Total Equity | TL51.44 Billion | 100.00% |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B Competitors by Market Cap
The table below lists competitors of Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou KingTeller Technology Co Ltd
SHE:002177
|
$759.76 Million |
|
GuangYuYuan Chinese Herbal Medicine Co Ltd
SHG:600771
|
$759.87 Million |
|
Ennoconn Corp
TW:6414
|
$760.29 Million |
|
Bank of Xi'An Co Ltd
SHG:600928
|
$760.37 Million |
|
Isracard Ltd
OTCGREY:ISCDF
|
$759.18 Million |
|
MannKind Corp
NASDAQ:MNKD
|
$759.11 Million |
|
Dalian Huarui Heavy Industry Group Co Ltd
SHE:002204
|
$759.10 Million |
|
Omeros Corporation
NASDAQ:OMER
|
$758.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,843,890,536 to 51,435,725,935, a change of 14,591,835,399 (39.6%).
- Net loss of 3,031,398,716 reduced equity.
- Share repurchases of 30,406,600 reduced equity.
- Other factors increased equity by 17,653,640,715.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-3.03 Billion | -5.89% |
| Share Repurchases | TL30.41 Million | -0.06% |
| Other Changes | TL17.65 Billion | +34.32% |
| Total Change | TL- | 39.60% |
Book Value vs Market Value Analysis
This analysis compares Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B'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: 1.11x
- 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 21.65x to 1.11x 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 | TL2.31 | TL50.00 | x |
| 2018-12-31 | TL3.59 | TL50.00 | x |
| 2019-12-31 | TL3.67 | TL50.00 | x |
| 2020-12-31 | TL3.69 | TL50.00 | x |
| 2021-12-31 | TL8.74 | TL50.00 | x |
| 2022-12-31 | TL10.05 | TL50.00 | x |
| 2023-12-31 | TL32.32 | TL50.00 | x |
| 2024-12-31 | TL45.12 | TL50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B 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): -5.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.37%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.59x
- Recent ROE (-5.89%) is below the historical average (9.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 23.63% | 16.89% | 0.62x | 2.26x | TL213.31 Million |
| 2015 | -0.91% | -0.96% | 0.43x | 2.19x | TL-256.23 Million |
| 2016 | -5.53% | -5.30% | 0.41x | 2.53x | TL-347.54 Million |
| 2017 | 10.28% | 6.33% | 0.57x | 2.83x | TL6.79 Million |
| 2018 | 19.93% | 14.59% | 0.68x | 2.01x | TL405.77 Million |
| 2019 | 2.08% | 1.33% | 0.67x | 2.33x | TL-307.44 Million |
| 2020 | 1.55% | 0.81% | 0.69x | 2.77x | TL-329.66 Million |
| 2021 | 38.68% | 26.09% | 0.68x | 2.19x | TL2.86 Billion |
| 2022 | 18.97% | 7.94% | 1.03x | 2.32x | TL1.03 Billion |
| 2023 | 6.22% | 3.08% | 1.24x | 1.63x | TL-1.39 Billion |
| 2024 | -5.89% | -5.37% | 0.69x | 1.59x | TL-8.17 Billion |
Industry Comparison
This section compares Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $276,967,380,166,238
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B (KRDMB) | TL63.91 Billion | 23.63% | 0.56x | $759.65 Million |
| Ayes Celik Hasir ve Cit Sanayi AS (AYES) | $54.67 Million | 28.22% | 2.13x | $74.02 Million |
| BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) | $36.00 Million | 15.04% | 1.02x | $31.40 Million |
| Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) | $601.49 Million | 20.50% | 0.74x | $118.66 Million |
| Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) | $224.80 Million | 0.00% | 2.64x | $327.66 Million |
| Borusan Yatirim ve Pazarlama AS (BRYAT) | $345.55 Million | 6.66% | 0.03x | $586.04 Million |
| Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) | $5.18 Billion | -0.58% | 0.23x | $62.34 Million |
| Dofer Yapi Malzemeleri Sanayi ve Ticaret A.S. (DOFER) | $29.93 Million | 18.16% | 5.47x | $18.16 Million |
| Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) | $5.77 Billion | -7.99% | 1.62x | $203.74 Million |
| Erciyas Celik Boru Sanayi A.S. (ERCB) | $3.55 Billion | 0.80% | 2.59x | $1.58 Million |
| Eregli Demir ve Celik Fabrikalari TAS (EREGL) | $2769.66 Trillion | 0.00% | 0.53x | $2.78 Billion |