Manas Enerji Yonetimi Sanayi & Ticaret AS Net Assets
Manas Enerji Yonetimi Sanayi & Ticaret AS net assets. Based on the latest financial reports, Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) has net assets worth TL602.84 Million TRY (≈ $13.50 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.23 Billion ≈ $27.48 Million USD) and total liabilities (TL624.23 Million ≈ $13.98 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. Also explore net asset momentum of Manas Enerji Yonetimi Sanayi & Ticaret A to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL602.84 Million |
| % of Total Assets | 49.13% |
| Annual Growth Rate | 108.2% |
| 5-Year Change | 3710.63% |
| 10-Year Change | N/A |
| Growth Volatility | 107.68 |
Net Assets of Manas Enerji Yonetimi Sanayi & Ticaret AS (2018–2023)
Net assets of Manas Enerji Yonetimi Sanayi & Ticaret AS from 2018 to 2023. This chart illustrates how Manas Enerji Yonetimi Sanayi & Ticaret AS's net assets have evolved over time, based on quarterly financial data. See Manas Enerji Yonetimi Sanayi & Ticaret A (MANAS) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Manas Enerji Yonetimi Sanayi & Ticaret AS (2018–2023)
The table below shows the annual net assets of Manas Enerji Yonetimi Sanayi & Ticaret AS from 2018 to 2023. For live market cap and overall valuation, see Manas Enerji Yonetimi Sanayi & Ticaret A (MANAS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL510.76 Million ≈ $11.44 Million |
+273.28% |
| 2022-12-31 | TL136.83 Million ≈ $3.06 Million |
+17.88% |
| 2021-12-31 | TL116.08 Million ≈ $2.60 Million |
+210.32% |
| 2020-12-31 | TL37.41 Million ≈ $837.82K |
+179.08% |
| 2019-12-31 | TL13.40 Million ≈ $300.21K |
+2.60% |
| 2018-12-31 | TL13.06 Million ≈ $292.60K |
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Equity Component Analysis
This analysis shows how different components contribute to Manas Enerji Yonetimi Sanayi & 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 946.5% over the analyzed period, indicating profitable operations and earnings retention.
Manas Enerji Yonetimi Sanayi & Ticaret AS Net Assets Breakdown (December 2023)
Manas Enerji Yonetimi Sanayi & Ticaret AS net assets breakdown by equity component as of December 2023.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL19.35 Million | 3.79% |
| Other Components | TL491.41 Million | 96.21% |
| Total Equity | TL510.76 Million | 100.00% |
Manas Enerji Yonetimi Sanayi & Ticaret AS Competitors by Market Cap
The table below lists competitors of Manas Enerji Yonetimi Sanayi & Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Activeport Group Ltd
AU:ATV
|
$6.44 Million |
|
Masonglory Limited Ordinary Shares
NASDAQ:MSGY
|
$6.44 Million |
|
Sewon E&C
KO:091090
|
$6.45 Million |
|
Immuron Ltd ADR
NASDAQ:IMRN
|
$6.45 Million |
|
TCM Corporation Public Company Limited
BK:TCMC
|
$6.42 Million |
|
Nyrstar NV
BR:NYR
|
$6.42 Million |
|
Enorama Pharma AB
ST:ERMA
|
$6.42 Million |
|
Crown Energy AB (publ)
F:CWE
|
$6.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manas Enerji Yonetimi Sanayi & Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 136,832,922 to 510,763,379, a change of 373,930,457 (273.3%).
- Net income of 39,401,120 contributed positively to equity growth.
- Other factors increased equity by 334,529,337.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL39.40 Million | +7.71% |
| Other Changes | TL334.53 Million | +65.5% |
| Total Change | TL- | 273.28% |
Book Value vs Market Value Analysis
This analysis compares Manas Enerji Yonetimi Sanayi & 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: 0.68x
- 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 3.38x to 0.68x 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 | TL0.66 | TL2.23 | x |
| 2019-12-31 | TL0.16 | TL2.23 | x |
| 2020-12-31 | TL0.45 | TL2.23 | x |
| 2021-12-31 | TL1.40 | TL2.23 | x |
| 2022-12-31 | TL1.65 | TL2.23 | x |
| 2023-12-31 | TL3.28 | TL2.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manas Enerji Yonetimi Sanayi & 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.31%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.67x
- Recent ROE (7.71%) is below the historical average (8.75%), 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 | 13.97% | 3.79% | 0.92x | 3.99x | TL518.37K |
| 2019 | 6.09% | 1.52% | 0.91x | 4.39x | TL-523.46K |
| 2020 | 4.16% | 2.88% | 0.51x | 2.84x | TL-2.19 Million |
| 2021 | 3.54% | 4.26% | 0.61x | 1.36x | TL-7.50 Million |
| 2022 | 17.03% | 15.95% | 0.47x | 2.27x | TL9.62 Million |
| 2023 | 7.71% | 14.31% | 0.32x | 1.67x | TL-11.68 Million |
Industry Comparison
This section compares Manas Enerji Yonetimi Sanayi & Ticaret AS's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,936,658,798,213
- Average return on equity (ROE) among peers: 6.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | TL602.84 Million | 13.97% | 1.04x | $6.42 Million |
| Astor Enerji AS (ASTOR) | $20.82 Billion | 31.58% | 0.47x | $3.61 Billion |
| EKOS (EKOS) | $1.91 Billion | 7.86% | 0.48x | $68.23 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $19.93 Million | 0.00% | 1.53x | $17.07 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $1.53 Billion | 33.64% | 1.13x | $522.08 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $155.45 Million | 2.89% | 0.74x | $185.37 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $31.47 Trillion | 0.00% | 1.90x | $91.81 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $3.43 Million | 0.00% | 1.81x | $12.05 Million |
| Ulusoy Elektrik Imalat (ULUSE) | $316.84 Million | -23.48% | 3.06x | $248.70 Million |
About Manas Enerji Yonetimi Sanayi & Ticaret AS
Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi provides smart metering systems and solutions in Turkey, Asia, Europe, and Africa. The company offers measurement and detection products, including heat, electricity, water, and gas meters and modules, as well as gas regulators; networking and communication solutions, such as mobile meter reading, water network management, and smart cities; a… Read more