Kervan Gıda Sanayi Ve Ticaret As
Kervan Gida Sanayi ve Ticaret A.S. produces and sells candies in Turkey. The company provides soft and hard candy, chewing gum, degree chocolate, jelly, licorice, and marshmallow products, as well as surprise eggs and toy products. It also exports its products under the Bebeto, Free Yu, Freeze Crunchy, Dexters, Top Shock, Eksitra, Jelido, Yumy Yumy Gummy Candy, No Suga, Pompito and Cosby brand na… Read more
Kervan Gıda Sanayi Ve Ticaret As (KRVGD) - Net Assets
Latest net assets as of September 2025: TL6.90 Billion TRY
Based on the latest financial reports, Kervan Gıda Sanayi Ve Ticaret As (KRVGD) has net assets worth TL6.90 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 (TL15.82 Billion) and total liabilities (TL8.92 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 | TL6.90 Billion |
| % of Total Assets | 43.64% |
| Annual Growth Rate | 84.94% |
| 5-Year Change | 551.6% |
| 10-Year Change | N/A |
| Growth Volatility | 62.05 |
Kervan Gıda Sanayi Ve Ticaret As - Net Assets Trend (2018–2024)
This chart illustrates how Kervan Gıda Sanayi Ve Ticaret 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 Kervan Gıda Sanayi Ve Ticaret As (2018–2024)
The table below shows the annual net assets of Kervan Gıda Sanayi Ve Ticaret As from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL5.47 Billion | +26.92% |
| 2023-12-31 | TL4.31 Billion | +148.05% |
| 2022-12-31 | TL1.74 Billion | +40.41% |
| 2021-12-31 | TL1.24 Billion | +47.41% |
| 2020-12-31 | TL840.06 Million | +196.25% |
| 2019-12-31 | TL283.57 Million | +107.45% |
| 2018-12-31 | TL136.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kervan Gıda Sanayi Ve Ticaret 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 17201.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.77 Billion | 34.82% |
| Other Components | TL3.31 Billion | 65.18% |
| Total Equity | TL5.08 Billion | 100.00% |
Kervan Gıda Sanayi Ve Ticaret As Competitors by Market Cap
The table below lists competitors of Kervan Gıda Sanayi Ve Ticaret As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jeilin Technology Co., Ltd.
TWO:8102
|
$20.90 Million |
|
Vroom, Inc. Common Stock
PINK:VRM
|
$20.91 Million |
|
Hermès International Société en commandite par actions
BE:HMI
|
$20.92 Million |
|
Maniker F & G Co. Ltd
KQ:195500
|
$20.92 Million |
|
Touch Ventures Ltd
AU:TVL
|
$20.90 Million |
|
Inovalis Real Estate Investment Trust
PINK:IVREF
|
$20.89 Million |
|
Maskapai Reasuransi Indonesia
JK:MREI
|
$20.88 Million |
|
Newfield Resources Ltd
AU:NWF
|
$20.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kervan Gıda Sanayi Ve Ticaret As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,964,761,000 to 5,084,083,000, a change of 1,119,322,000 (28.2%).
- Net loss of 89,063,000 reduced equity.
- Dividend payments of 173,623,000 reduced retained earnings.
- Share repurchases of 84,418,000 reduced equity.
- New share issuances of 55,626,000 increased equity.
- Other factors increased equity by 1,410,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-89.06 Million | -1.75% |
| Dividends Paid | TL173.62 Million | -3.42% |
| Share Repurchases | TL84.42 Million | -1.66% |
| Share Issuances | TL55.63 Million | +1.09% |
| Other Changes | TL1.41 Billion | +27.75% |
| Total Change | TL- | 28.23% |
Book Value vs Market Value Analysis
This analysis compares Kervan Gıda Sanayi Ve Ticaret 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: 1.26x
- 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 4.19x to 1.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL0.71 | TL2.97 | x |
| 2019-12-31 | TL1.48 | TL2.97 | x |
| 2020-12-31 | TL4.43 | TL2.97 | x |
| 2021-12-31 | TL4.92 | TL2.97 | x |
| 2022-12-31 | TL6.56 | TL2.97 | x |
| 2023-12-31 | TL1.84 | TL2.97 | x |
| 2024-12-31 | TL2.35 | TL2.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kervan Gıda Sanayi Ve Ticaret 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): -1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.78%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.48x
- Recent ROE (-1.75%) is below the historical average (15.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 21.09% | 5.24% | 1.12x | 3.58x | TL14.72 Million |
| 2019 | 26.96% | 10.92% | 0.99x | 2.51x | TL47.20 Million |
| 2020 | 14.69% | 12.11% | 0.73x | 1.66x | TL38.99 Million |
| 2021 | 13.74% | 8.76% | 0.63x | 2.49x | TL44.04 Million |
| 2022 | 26.33% | 8.43% | 1.12x | 2.78x | TL253.13 Million |
| 2023 | 8.85% | 2.96% | 1.35x | 2.21x | TL-45.73 Million |
| 2024 | -1.75% | -0.78% | 0.90x | 2.48x | TL-597.47 Million |
Industry Comparison
This section compares Kervan Gıda Sanayi Ve Ticaret As's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $24,423,858,160,942
- Average return on equity (ROE) among peers: 14.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kervan Gıda Sanayi Ve Ticaret As (KRVGD) | TL6.90 Billion | 21.09% | 1.29x | $20.90 Million |
| Bor Seker As (BORSK) | $2.65 Billion | 32.60% | 0.43x | $12.43 Million |
| Kayseri Seker Fabrikasi AS (KAYSE) | $24.05 Billion | 28.13% | 0.50x | $37.35 Million |
| Kent Gida Maddeleri Sanayi ve Ticaret AS (KENT) | $146.51 Trillion | 17.29% | 0.45x | $953.15 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 |