Mega Polietilen Kopuk Sanayi ve Ticaret AS
Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi produces and sells foam products in Turkey and internationally. It manufactures, imports, and exports polyethylene foam, EVA, natural and synthetic rubber, plastic materials, auxiliary chemicals, dyes, polyethylene foam rubber, and industrial mineral oils. The company also provides slippers, shoes, artificial and natural leather, cloth, yarn,… Read more
Mega Polietilen Kopuk Sanayi ve Ticaret AS (MEGAP) - Net Assets
Latest net assets as of December 2022: TL353.45 Million TRY
Based on the latest financial reports, Mega Polietilen Kopuk Sanayi ve Ticaret AS (MEGAP) has net assets worth TL353.45 Million TRY as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.58 Billion) and total liabilities (TL1.22 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 | TL353.45 Million |
| % of Total Assets | 22.43% |
| Annual Growth Rate | 69.62% |
| 5-Year Change | 4606.33% |
| 10-Year Change | N/A |
| Growth Volatility | 107.5 |
Mega Polietilen Kopuk Sanayi ve Ticaret AS - Net Assets Trend (2014–2023)
This chart illustrates how Mega Polietilen Kopuk Sanayi ve Ticaret 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 Mega Polietilen Kopuk Sanayi ve Ticaret AS (2014–2023)
The table below shows the annual net assets of Mega Polietilen Kopuk Sanayi ve Ticaret AS from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.25 Billion | +253.38% |
| 2022-12-31 | TL353.45 Million | +43.25% |
| 2021-12-31 | TL246.74 Million | +311.41% |
| 2020-12-31 | TL59.98 Million | +125.98% |
| 2019-12-31 | TL26.54 Million | +33.95% |
| 2018-12-31 | TL19.81 Million | +29.59% |
| 2017-12-31 | TL15.29 Million | +17.22% |
| 2016-12-31 | TL13.04 Million | +1.71% |
| 2015-12-31 | TL12.82 Million | +19.28% |
| 2014-12-31 | TL10.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mega Polietilen Kopuk Sanayi ve 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 58583487600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL582.52 Million | 46.64% |
| Other Components | TL666.52 Million | 53.36% |
| Total Equity | TL1.25 Billion | 100.00% |
Mega Polietilen Kopuk Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Mega Polietilen Kopuk Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Balco Group AB
ST:BALCO
|
$16.98 Million |
|
Sungmoon Elect
KO:014910
|
$16.98 Million |
|
Lam Son Sugar JSC
VN:LSS
|
$16.99 Million |
|
Leading Edge Materials Corp
OTCQB:LEMIF
|
$17.00 Million |
|
Tonlin Department Store Co Ltd
TW:2910
|
$16.98 Million |
|
SVOA Public Company Limited
BK:SVOA
|
$16.98 Million |
|
Oriental Food Industries Hold
KLSE:7107
|
$16.97 Million |
|
Truleum Inc.
PINK:TRLM
|
$16.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mega Polietilen Kopuk Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 353,449,439 to 1,249,036,513, a change of 895,587,074 (253.4%).
- Net income of 247,019,956 contributed positively to equity growth.
- New share issuances of 181,980,946 increased equity.
- Other factors increased equity by 466,586,172.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL247.02 Million | +19.78% |
| Share Issuances | TL181.98 Million | +14.57% |
| Other Changes | TL466.59 Million | +37.36% |
| Total Change | TL- | 253.38% |
Book Value vs Market Value Analysis
This analysis compares Mega Polietilen Kopuk Sanayi ve 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: 0.52x
- 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 5.60x to 0.52x 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 | TL0.46 | TL2.60 | x |
| 2018-12-31 | TL0.60 | TL2.60 | x |
| 2019-12-31 | TL0.81 | TL2.60 | x |
| 2020-12-31 | TL1.58 | TL2.60 | x |
| 2021-12-31 | TL4.99 | TL2.60 | x |
| 2022-12-31 | TL2.83 | TL2.60 | x |
| 2023-12-31 | TL5.00 | TL2.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mega Polietilen Kopuk Sanayi ve 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): 19.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.04%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.99x
- Recent ROE (19.78%) is above the historical average (17.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.89% | 2.63% | 0.86x | 1.27x | TL-764.28K |
| 2015 | 16.40% | 16.75% | 0.81x | 1.21x | TL820.29K |
| 2016 | 2.15% | 2.20% | 0.86x | 1.14x | TL-1.02 Million |
| 2017 | 14.77% | 12.99% | 0.98x | 1.16x | TL729.82K |
| 2018 | 22.91% | 9.01% | 1.44x | 1.77x | TL2.56 Million |
| 2019 | 25.42% | 3.98% | 1.52x | 4.19x | TL4.09 Million |
| 2020 | 33.42% | 5.57% | 1.65x | 3.64x | TL14.05 Million |
| 2021 | 6.47% | 2.83% | 0.90x | 2.53x | TL-8.71 Million |
| 2022 | 30.19% | 6.94% | 0.98x | 4.46x | TL71.37 Million |
| 2023 | 19.78% | 6.04% | 1.09x | 2.99x | TL122.12 Million |
Industry Comparison
This section compares Mega Polietilen Kopuk Sanayi ve Ticaret AS's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $753,135,620
- Average return on equity (ROE) among peers: 14.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mega Polietilen Kopuk Sanayi ve Ticaret AS (MEGAP) | TL353.45 Million | 2.89% | 3.46x | $16.98 Million |
| Dinamik Isi Makina Yalitim Malzemeleri Sanayi ve Ticaret AS (DNISI) | $31.81 Million | 13.96% | 0.67x | $29.58 Million |
| DYO Boya Fabrikalari Sanayi ve Ticaret AS (DYOBY) | $186.71 Million | 10.82% | 4.78x | $27.16 Million |
| Gediz Ambalaj Sanayi ve Ticaret AS (GEDZA) | $73.72 Million | 15.33% | 0.44x | $24.40 Million |
| Kalekim Kimyevi Maddeler Sanayi & Ticaret AS (KLKIM) | $124.55 Million | 18.99% | 1.39x | $159.82 Million |
| Kimteks Poliuretan Sanayi ve Ticaret AS (KMPUR) | $275.46 Million | 29.19% | 2.87x | $31.51 Million |
| Koza Polyester Sanayi ve Ticaret A.S. (KOPOL) | $266.09 Million | 3.66% | 2.42x | $1.77K |
| Mercan Kimya Sanayi ve Ticaret AS (MERCN) | $1.79 Billion | -3.35% | 0.52x | $9.33 Million |
| Marshall Boya ve Vernik Sanayi AS (MRSHL) | $108.72 Million | 0.46% | 0.62x | $335.34 Million |
| Polisan Holding AS (POLHO) | $3.93 Billion | 41.57% | 0.49x | $362.97 Million |