Lider Faktoring AS
Lider Faktoring A.S., a factoring company, provides various financing solutions industrial and commercial companies in Turkey. It offers factoring and asset management services; and collection and financing services for tracking of receivables. The company was formerly known as Lider Faktoring Hizmetleri A.S. and changed its name to Lider Faktoring A.S. in July 2013. Lider Faktoring A.S. was inco… Read more
Lider Faktoring AS (LIDFA) - Net Assets
Latest net assets as of June 2025: TL2.31 Billion TRY
Based on the latest financial reports, Lider Faktoring AS (LIDFA) has net assets worth TL2.31 Billion TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL10.19 Billion) and total liabilities (TL7.88 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 | TL2.31 Billion |
| % of Total Assets | 22.72% |
| Annual Growth Rate | 27.78% |
| 5-Year Change | 981.66% |
| 10-Year Change | 1980.16% |
| Growth Volatility | 39.61 |
Lider Faktoring AS - Net Assets Trend (2008–2024)
This chart illustrates how Lider Faktoring 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 Lider Faktoring AS (2008–2024)
The table below shows the annual net assets of Lider Faktoring AS from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.91 Billion | +72.01% |
| 2023-12-31 | TL1.11 Billion | +119.11% |
| 2022-12-31 | TL506.48 Million | +134.00% |
| 2021-12-31 | TL216.45 Million | +22.65% |
| 2020-12-31 | TL176.47 Million | +3.68% |
| 2019-12-31 | TL170.21 Million | +9.06% |
| 2018-12-31 | TL156.07 Million | +17.57% |
| 2017-12-31 | TL132.75 Million | +18.13% |
| 2016-12-31 | TL112.37 Million | +22.46% |
| 2015-12-31 | TL91.76 Million | -14.35% |
| 2014-12-31 | TL107.14 Million | +9.65% |
| 2013-12-31 | TL97.71 Million | +16.48% |
| 2012-12-31 | TL83.88 Million | +21.51% |
| 2011-12-31 | TL69.03 Million | +18.09% |
| 2010-12-31 | TL58.46 Million | +12.36% |
| 2009-12-31 | TL52.03 Million | +37.70% |
| 2008-12-31 | TL37.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lider Faktoring 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 14600.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL656.67 Million | 34.40% |
| Other Components | TL1.25 Billion | 65.60% |
| Total Equity | TL1.91 Billion | 100.00% |
Lider Faktoring AS Competitors by Market Cap
The table below lists competitors of Lider Faktoring AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Super Turtle PCL
BK:TURTLE
|
$21.67 Million |
|
Nippon Indosari Corpindo Tbk
JK:ROTI
|
$21.67 Million |
|
Arizona Silver Exploration Inc
OTCQB:AZASF
|
$21.67 Million |
|
Neonode Inc
NASDAQ:NEON
|
$21.67 Million |
|
Vivid Seats Inc
NASDAQ:SEAT
|
$21.66 Million |
|
Gunung Raja Paksi
JK:GGRP
|
$21.65 Million |
|
Wealth First Portfolio Managers Limited
NSE:WEALTH
|
$21.65 Million |
|
CAB Cakaran Corporation Bhd
KLSE:7174
|
$21.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lider Faktoring AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,109,748,000 to 1,908,834,000, a change of 799,086,000 (72.0%).
- Net income of 656,673,000 contributed positively to equity growth.
- Other factors increased equity by 142,413,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL656.67 Million | +34.4% |
| Other Changes | TL142.41 Million | +7.46% |
| Total Change | TL- | 72.01% |
Book Value vs Market Value Analysis
This analysis compares Lider Faktoring 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: 0.96x
- 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.
- The price-to-book ratio has decreased from 2.22x to 0.96x 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 | TL1.47 | TL3.27 | x |
| 2018-12-31 | TL1.73 | TL3.27 | x |
| 2019-12-31 | TL1.89 | TL3.27 | x |
| 2020-12-31 | TL1.96 | TL3.27 | x |
| 2021-12-31 | TL2.40 | TL3.27 | x |
| 2022-12-31 | TL3.75 | TL3.27 | x |
| 2023-12-31 | TL1.99 | TL3.27 | x |
| 2024-12-31 | TL3.42 | TL3.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lider Faktoring 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): 34.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.33%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 4.02x
- Recent ROE (34.40%) is above the historical average (19.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.73% | 7.31% | 0.17x | 6.26x | TL-2.22 Million |
| 2014 | 6.90% | 5.45% | 0.16x | 7.83x | TL-3.33 Million |
| 2015 | 6.94% | 5.09% | 0.19x | 7.24x | TL-2.80 Million |
| 2016 | 20.10% | 14.09% | 0.14x | 10.08x | TL10.74 Million |
| 2017 | 17.00% | 30.66% | 0.06x | 9.77x | TL9.30 Million |
| 2018 | 12.75% | 21.12% | 0.09x | 6.38x | TL4.28 Million |
| 2019 | 10.75% | 18.74% | 0.09x | 6.67x | TL1.27 Million |
| 2020 | 3.58% | 9.37% | 0.07x | 5.35x | TL-11.34 Million |
| 2021 | 17.63% | 31.91% | 0.10x | 5.69x | TL16.52 Million |
| 2022 | 40.85% | 49.33% | 0.18x | 4.51x | TL156.23 Million |
| 2023 | 51.04% | 50.89% | 0.26x | 3.91x | TL455.39 Million |
| 2024 | 34.40% | 44.33% | 0.19x | 4.02x | TL465.79 Million |
Industry Comparison
This section compares Lider Faktoring AS's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $2,066,659,743
- Average return on equity (ROE) among peers: 24.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lider Faktoring AS (LIDFA) | TL2.31 Billion | 7.73% | 3.40x | $21.67 Million |
| Creditwest Faktoring AS (CRDFA) | $44.48 Million | 27.35% | 3.24x | $63.51 Million |
| Garanti Faktoring AS (GARFA) | $140.38 Million | 14.61% | 20.30x | $30.73 Million |
| Is Finansal Kiralama AS (ISFIN) | $475.96 Million | 13.38% | 3.40x | $144.66 Million |
| Katilimevim Tasaruf Finansman A.S. (KTLEV) | $12.46 Billion | 69.20% | 2.81x | $2.21 Billion |
| QNB Finans Finansal Kiralama AS (QNBFL) | $1.04 Billion | 13.56% | 6.55x | $7.20 Million |
| Seker Finansal Kiralama AS (SEKFK) | $281.81 Million | 36.32% | 4.38x | $18.13 Million |
| Vakif Finansal Kiralama AS (VAKFN) | $29.80 Million | 0.00% | 3.93x | $100.41 Million |