Kizilbuk Gayrimenkul Yatirim Ortakligi AS (KZBGY) - Net Assets
Based on the latest financial reports, Kizilbuk Gayrimenkul Yatirim Ortakligi AS (KZBGY) has net assets worth TL20.26 Billion TRY (≈ $453.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL30.88 Billion ≈ $691.62 Million USD) and total liabilities (TL10.62 Billion ≈ $237.88 Million USD). 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. Check how strategically is Kizilbuk Gayrimenkul Yatirim Ortakligi A's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL20.26 Billion |
| % of Total Assets | 65.61% |
| Annual Growth Rate | 94.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.89 |
Kizilbuk Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2021–2024)
This chart illustrates how Kizilbuk Gayrimenkul Yatirim Ortakligi AS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Kizilbuk Gayrimenkul Yatirim Ortakligi A.
Annual Net Assets for Kizilbuk Gayrimenkul Yatirim Ortakligi AS (2021–2024)
The table below shows the annual net assets of Kizilbuk Gayrimenkul Yatirim Ortakligi AS from 2021 to 2024. Also explore Kizilbuk Gayrimenkul Yatirim Ortakligi A (KZBGY) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL16.11 Billion ≈ $360.74 Million |
+46.33% |
| 2023-12-31 | TL11.01 Billion ≈ $246.53 Million |
+103.94% |
| 2022-12-31 | TL5.40 Billion ≈ $120.88 Million |
+146.10% |
| 2021-12-31 | TL2.19 Billion ≈ $49.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kizilbuk Gayrimenkul Yatirim Ortakligi 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 15467.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL14.88 Billion | 92.39% |
| Other Components | TL1.23 Billion | 7.61% |
| Total Equity | TL16.11 Billion | 100.00% |
Kizilbuk Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap
The table below lists competitors of Kizilbuk Gayrimenkul Yatirim Ortakligi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siam Pan Group PCL
BK:SPG
|
$134.42 Million |
|
Cape Industries Ltd
KQ:064820
|
$134.45 Million |
|
Vakif Gayrimenkul Yatirim Ortakligi AS
IS:VKGYO
|
$134.45 Million |
|
ANJI Technology Co. Ltd
TW:6477
|
$134.55 Million |
|
Lonyer Fuels
SHG:603003
|
$134.35 Million |
|
NET Power Inc.
NYSE:NPWR
|
$134.34 Million |
|
DEEZER S.A. EO 1
F:L0A
|
$134.28 Million |
|
Yuen Chang Stainless Steel Co Ltd
TW:2069
|
$134.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kizilbuk Gayrimenkul Yatirim Ortakligi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,006,596,593 to 16,107,026,930, a change of 5,100,430,337 (46.3%).
- Net income of 7,273,965,909 contributed positively to equity growth.
- Other factors decreased equity by 2,173,535,572.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL7.27 Billion | +45.16% |
| Other Changes | TL-2.17 Billion | -13.49% |
| Total Change | TL- | 46.34% |
Book Value vs Market Value Analysis
This analysis compares Kizilbuk Gayrimenkul Yatirim Ortakligi 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: 0.11x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL7.31 | TL1.50 | x |
| 2022-12-31 | TL17.99 | TL1.50 | x |
| 2023-12-31 | TL9.17 | TL1.50 | x |
| 2024-12-31 | TL13.42 | TL1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kizilbuk Gayrimenkul Yatirim Ortakligi 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): 45.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 73.81%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.42x
- Recent ROE (45.16%) is above the historical average (26.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 59.37% | 0.00% | 0.00x | 1.28x | TL2.66 Billion |
| 2023 | -24.86% | 0.00% | 0.00x | 1.66x | TL-3.84 Billion |
| 2024 | 45.16% | 73.81% | 0.43x | 1.42x | TL5.66 Billion |
Industry Comparison
This section compares Kizilbuk Gayrimenkul Yatirim Ortakligi AS's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $266,454,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kizilbuk Gayrimenkul Yatirim Ortakligi AS (KZBGY) | TL20.26 Billion | 59.37% | 0.52x | $134.38 Million |
| Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY) | $266.45 Million | 0.00% | 0.70x | $219.25 Million |
About Kizilbuk Gayrimenkul Yatirim Ortakligi AS
Kizilbük Gayrimenkul Yatirim Ortakligi A.S. operates as real estate investment trust in Turkey. The company is based in Istanbul, Turkey.