Luks Kadife Ticaret ve Sanayi AS (LUKSK) - Net Assets
Based on the latest financial reports, Luks Kadife Ticaret ve Sanayi AS (LUKSK) has net assets worth TL1.12 Billion TRY (≈ $25.13 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.59 Billion ≈ $35.58 Million USD) and total liabilities (TL466.86 Million ≈ $10.46 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 LUKSK asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL1.12 Billion |
| % of Total Assets | 70.61% |
| Annual Growth Rate | 26.33% |
| 5-Year Change | 1001.67% |
| 10-Year Change | 1828.47% |
| Growth Volatility | 74.43 |
Luks Kadife Ticaret ve Sanayi AS - Net Assets Trend (2004–2024)
This chart illustrates how Luks Kadife Ticaret ve Sanayi AS's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Luks Kadife Ticaret ve Sanayi AS for the complete picture of this company's asset base.
Annual Net Assets for Luks Kadife Ticaret ve Sanayi AS (2004–2024)
The table below shows the annual net assets of Luks Kadife Ticaret ve Sanayi AS from 2004 to 2024. For live valuation and market cap data, see LUKSK company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.12 Billion ≈ $25.13 Million |
-3.43% |
| 2023-12-31 | TL1.16 Billion ≈ $26.02 Million |
+251.20% |
| 2022-12-31 | TL330.75 Million ≈ $7.41 Million |
+91.95% |
| 2021-12-31 | TL172.31 Million ≈ $3.86 Million |
+69.22% |
| 2020-12-31 | TL101.83 Million ≈ $2.28 Million |
+14.78% |
| 2019-12-31 | TL88.72 Million ≈ $1.99 Million |
+11.47% |
| 2018-12-31 | TL79.59 Million ≈ $1.78 Million |
+3.20% |
| 2017-12-31 | TL77.12 Million ≈ $1.73 Million |
+0.63% |
| 2016-12-31 | TL76.64 Million ≈ $1.72 Million |
+31.75% |
| 2015-12-31 | TL58.17 Million ≈ $1.30 Million |
+3.19% |
| 2014-12-31 | TL56.37 Million ≈ $1.26 Million |
+7.09% |
| 2013-12-31 | TL52.64 Million ≈ $1.18 Million |
-5.70% |
| 2012-12-31 | TL55.82 Million ≈ $1.25 Million |
+47.73% |
| 2011-12-31 | TL37.79 Million ≈ $846.33K |
-0.63% |
| 2010-12-31 | TL38.03 Million ≈ $851.68K |
+245.47% |
| 2009-12-31 | TL11.01 Million ≈ $246.53K |
-0.26% |
| 2008-12-31 | TL11.04 Million ≈ $247.18K |
-9.68% |
| 2007-12-31 | TL12.22 Million ≈ $273.67K |
-6.73% |
| 2006-12-31 | TL13.10 Million ≈ $293.41K |
+6.96% |
| 2005-12-31 | TL12.25 Million ≈ $274.32K |
+17.03% |
| 2004-12-31 | TL10.47 Million ≈ $234.41K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Luks Kadife Ticaret ve Sanayi 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 65955298200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL659.55 Million | 58.79% |
| Other Components | TL462.27 Million | 41.21% |
| Total Equity | TL1.12 Billion | 100.00% |
Luks Kadife Ticaret ve Sanayi AS Competitors by Market Cap
The table below lists competitors of Luks Kadife Ticaret ve Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ensurge Micropower ASA
OL:ENSU
|
$65.29 Million |
|
Me2on Co. Ltd
KQ:201490
|
$65.29 Million |
|
Atari S.A.
PA:ALATA
|
$65.31 Million |
|
SDS Group Bhd
KLSE:0212
|
$65.36 Million |
|
Forian Inc
NASDAQ:FORA
|
$65.25 Million |
|
Accelerate Property Fund Ltd
JSE:APF
|
$65.22 Million |
|
Cauldron Energy Ltd
AU:CXU
|
$65.18 Million |
|
Data Communications Management Ltd
TO:DCM
|
$65.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luks Kadife Ticaret ve Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,161,612,817 to 1,121,824,436, a change of -39,788,381 (-3.4%).
- Net loss of 67,714,297 reduced equity.
- Other factors increased equity by 27,925,916.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-67.71 Million | -6.04% |
| Other Changes | TL27.93 Million | +2.49% |
| Total Change | TL- | -3.43% |
Book Value vs Market Value Analysis
This analysis compares Luks Kadife Ticaret ve Sanayi 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: 2.60x
- 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 13.50x to 2.60x 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 | TL7.71 | TL104.10 | x |
| 2018-12-31 | TL7.96 | TL104.10 | x |
| 2019-12-31 | TL8.87 | TL104.10 | x |
| 2020-12-31 | TL10.18 | TL104.10 | x |
| 2021-12-31 | TL17.23 | TL104.10 | x |
| 2022-12-31 | TL33.08 | TL104.10 | x |
| 2023-12-31 | TL41.49 | TL104.10 | x |
| 2024-12-31 | TL40.07 | TL104.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luks Kadife Ticaret ve Sanayi 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): -6.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.94%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.42x
- Recent ROE (-6.04%) is below the historical average (8.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 14.12% | 13.10% | 0.89x | 1.22x | TL431.40K |
| 2005 | 13.13% | 12.83% | 0.64x | 1.59x | TL383.30K |
| 2006 | 6.51% | 5.53% | 0.73x | 1.62x | TL-457.00K |
| 2010 | 0.50% | 1.46% | 0.24x | 1.43x | TL-3.61 Million |
| 2011 | 5.22% | 10.44% | 0.27x | 1.85x | TL-1.80 Million |
| 2012 | 4.01% | 10.60% | 0.23x | 1.66x | TL-3.34 Million |
| 2014 | 7.12% | 13.20% | 0.30x | 1.81x | TL-1.63 Million |
| 2015 | 3.57% | 6.39% | 0.31x | 1.82x | TL-3.74 Million |
| 2016 | 18.01% | 49.60% | 0.21x | 1.74x | TL6.14 Million |
| 2017 | -1.06% | -2.01% | 0.29x | 1.79x | TL-8.53 Million |
| 2018 | -1.30% | -1.47% | 0.47x | 1.89x | TL-9.00 Million |
| 2019 | 11.53% | 12.06% | 0.50x | 1.91x | TL1.36 Million |
| 2020 | 6.19% | 6.79% | 0.46x | 2.00x | TL-3.88 Million |
| 2021 | 20.53% | 27.19% | 0.34x | 2.19x | TL18.14 Million |
| 2022 | 29.08% | 40.80% | 0.38x | 1.86x | TL63.12 Million |
| 2023 | 16.70% | 35.38% | 0.34x | 1.40x | TL77.78 Million |
| 2024 | -6.04% | -14.94% | 0.29x | 1.42x | TL-179.90 Million |
Industry Comparison
This section compares Luks Kadife Ticaret ve Sanayi AS's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $23,680,829,984,147
- Average return on equity (ROE) among peers: 6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luks Kadife Ticaret ve Sanayi AS (LUKSK) | TL1.12 Billion | 14.12% | 0.42x | $65.28 Million |
| Aksa Akrilik Kimya Sanayi AS (AKSA) | $236.81 Trillion | 33.40% | 0.74x | $921.48 Million |
| Artemis Hali As (ARTMS) | $272.08 Million | 26.83% | 1.43x | $68.11 Million |
| Akin Tekstil AS (ATEKS) | $472.41 Million | 2.56% | 0.55x | $53.06 Million |
| Bilici Yatirim Sanayi ve Ticaret AS (BLCYT) | $17.39 Million | 0.00% | 0.32x | $72.93 Million |
| Bossa Ticaret ve Sanayi Isletmeleri TAS (BOSSA) | $298.27 Million | -2.90% | 1.41x | $185.26 Million |
| Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) | $128.68 Million | 2.74% | 0.71x | $43.90 Million |
| Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) | $-10.52 Million | 0.00% | 0.00x | $7.00 Million |
| Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) | $-771.23K | 0.00% | 0.00x | $6.44 Million |
| Ensari Deri Gida Sanayi ve Ticaret AS (ENSRI) | $55.50 Million | 3.13% | 1.78x | $178.24 Million |
| Hateks Hatay Tekstil Isletmeleri AS (HATEK) | $1.56 Billion | -4.68% | 1.24x | $24.03 Million |
About Luks Kadife Ticaret ve Sanayi AS
Lüks Kadife Ticaret ve Sanayi A.S. manufactures and sells velvet fabrics products in Turkey and internationally. The company's product includes fashion, curtain, and upholstery fabrics. It also manufactures and sells polyester, cotton, viscose, and modal velvet for upholstery, drapery, and apparel. Lüks Kadife Ticaret ve Sanayi A.S. was incorporated in 1972 and is based in Kayseri, Turkey.