Limak Dogu Anadolu Cimento San As
Limak Dogu Anadolu Cimento Sanayi ve Ticaret Anonim Sirketi engages in the production and sale of cement and clinker products in Turkey. The company was founded in 1976 and is headquartered in Siirt, Turkey.
Limak Dogu Anadolu Cimento San As (LMKDC) - Net Assets
Latest net assets as of June 2024: TL3.22 Billion TRY
Based on the latest financial reports, Limak Dogu Anadolu Cimento San As (LMKDC) has net assets worth TL3.22 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.24 Billion) and total liabilities (TL1.03 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 | TL3.22 Billion |
| % of Total Assets | 75.84% |
| Annual Growth Rate | 145.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 120.21 |
Limak Dogu Anadolu Cimento San As - Net Assets Trend (2020–2023)
This chart illustrates how Limak Dogu Anadolu Cimento San 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 Limak Dogu Anadolu Cimento San As (2020–2023)
The table below shows the annual net assets of Limak Dogu Anadolu Cimento San As from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.58 Billion | +175.82% |
| 2022-12-31 | TL574.10 Million | +321.96% |
| 2021-12-31 | TL136.06 Million | +27.50% |
| 2020-12-31 | TL106.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Limak Dogu Anadolu Cimento San 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 1639.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL966.72 Million | 61.05% |
| Common Stock | TL386.18 Million | 24.39% |
| Other Comprehensive Income | TL230.62 Million | 14.56% |
| Other Components | TL1.00 | 0.00% |
| Total Equity | TL1.58 Billion | 100.00% |
Limak Dogu Anadolu Cimento San As Competitors by Market Cap
The table below lists competitors of Limak Dogu Anadolu Cimento San As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hana Financial 7 SPAC
KQ:230240
|
$153.52 Million |
|
Fukui Computer HoldingsInc
PINK:FKCIF
|
$153.54 Million |
|
Mega-info Media Co.Ltd.
SHE:301102
|
$153.55 Million |
|
Washington Real Estate Investment Trust
F:WRI
|
$153.56 Million |
|
PLAIDInc
PINK:PLDIF
|
$153.43 Million |
|
Keck Seng Malaysia Bhd
KLSE:3476
|
$153.43 Million |
|
T&L Co. Ltd
KQ:340570
|
$153.40 Million |
|
IDI SCA INH. EO 710
F:8KC
|
$153.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Limak Dogu Anadolu Cimento San As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 574,104,945 to 1,583,518,963, a change of 1,009,414,018 (175.8%).
- Net income of 1,134,450,471 contributed positively to equity growth.
- Dividend payments of 872,685 reduced retained earnings.
- Other comprehensive income increased equity by 230,623,883.
- Other factors decreased equity by 354,787,651.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.13 Billion | +71.64% |
| Dividends Paid | TL872.68K | -0.06% |
| Other Comprehensive Income | TL230.62 Million | +14.56% |
| Other Changes | TL-354.79 Million | -22.41% |
| Total Change | TL- | 175.82% |
Book Value vs Market Value Analysis
This analysis compares Limak Dogu Anadolu Cimento San 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: 8.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 168.82x to 8.51x 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 | TL0.21 | TL34.90 | x |
| 2021-12-31 | TL0.26 | TL34.90 | x |
| 2022-12-31 | TL1.11 | TL34.90 | x |
| 2023-12-31 | TL4.10 | TL34.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Limak Dogu Anadolu Cimento San 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): 71.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.62%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.34x
- Recent ROE (71.64%) is above the historical average (57.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 49.81% | 16.91% | 1.01x | 2.91x | TL42.48 Million |
| 2021 | 39.49% | 10.03% | 0.86x | 4.58x | TL40.12 Million |
| 2022 | 68.80% | 33.73% | 1.08x | 1.89x | TL337.56 Million |
| 2023 | 71.64% | 41.62% | 1.29x | 1.34x | TL976.10 Million |
Industry Comparison
This section compares Limak Dogu Anadolu Cimento San As's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $7,271,771,174,984
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Limak Dogu Anadolu Cimento San As (LMKDC) | TL3.22 Billion | 49.81% | 0.32x | $153.46 Million |
| Afyon Cimento Sanayi TAS (AFYON) | $228.86 Million | 23.60% | 2.45x | $95.95 Million |
| Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) | $3.67 Billion | 41.47% | 1.20x | $229.30 Million |
| Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) | $464.37 Million | 5.58% | 0.43x | $8.07 Million |
| Bogazici Beton Sanayi ve Ticaret AS (BOBET) | $370.98 Million | 7.98% | 1.84x | $63.02 Million |
| Batisoke Soke Cimento Sanayi TAS (BSOKE) | $217.16 Million | -7.95% | 2.02x | $1.22 Billion |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $425.08 Million | 3.55% | 0.23x | $701.78 Million |
| Bursa Cimento Fabrikasi AS (BUCIM) | $242.77 Million | 0.00% | 0.22x | $120.16 Million |
| Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) | $72.71 Trillion | 0.00% | 0.41x | $487.35 Million |
| Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) | $31.82 Million | 0.00% | 0.62x | $6.40 Million |
| Cimentas Izmir Cimento Fabrikasi TAS (CMENT) | $1.20 Billion | -6.88% | 0.41x | $22.91 Million |