Parsan Makina Parcalari Sanayi AS Net Assets
Parsan Makina Parcalari Sanayi AS net assets. Based on the latest financial reports, Parsan Makina Parcalari Sanayi AS (PARSN) has net assets worth TL12.13 Billion TRY (≈ $271.59 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL20.18 Billion ≈ $451.87 Million USD) and total liabilities (TL8.05 Billion ≈ $180.28 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 Parsan Makina Parcalari Sanayi AS (PARSN) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL12.13 Billion |
| % of Total Assets | 60.1% |
| Annual Growth Rate | -32.56% |
| 5-Year Change | 830.43% |
| 10-Year Change | 1882.6% |
| Growth Volatility | 45.43 |
Net Assets of Parsan Makina Parcalari Sanayi AS (2002–2024)
Net assets of Parsan Makina Parcalari Sanayi AS from 2002 to 2024. This chart illustrates how Parsan Makina Parcalari Sanayi AS's net assets have evolved over time, based on quarterly financial data. See Parsan Makina Parcalari Sanayi AS (PARSN) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Parsan Makina Parcalari Sanayi AS (2002–2024)
The table below shows the annual net assets of Parsan Makina Parcalari Sanayi AS from 2002 to 2024. For live market cap and overall valuation, see market value of Parsan Makina Parcalari Sanayi AS.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL10.42 Billion ≈ $233.45 Million |
+29.46% |
| 2023-12-31 | TL8.05 Billion ≈ $180.33 Million |
+97.22% |
| 2022-12-31 | TL4.08 Billion ≈ $91.43 Million |
+163.02% |
| 2021-12-31 | TL1.55 Billion ≈ $34.76 Million |
+38.55% |
| 2020-12-31 | TL1.12 Billion ≈ $25.09 Million |
+47.07% |
| 2019-12-31 | TL761.71 Million ≈ $17.06 Million |
+37.13% |
| 2018-12-31 | TL555.45 Million ≈ $12.44 Million |
-6.57% |
| 2017-12-31 | TL594.50 Million ≈ $13.32 Million |
+13.91% |
| 2016-12-31 | TL521.89 Million ≈ $11.69 Million |
-0.73% |
| 2015-12-31 | TL525.74 Million ≈ $11.78 Million |
+30.28% |
| 2014-12-31 | TL403.55 Million ≈ $9.04 Million |
+6.49% |
| 2013-12-31 | TL378.96 Million ≈ $8.49 Million |
+40.11% |
| 2012-12-31 | TL270.48 Million ≈ $6.06 Million |
+4.05% |
| 2011-12-31 | TL259.95 Million ≈ $5.82 Million |
+14.50% |
| 2010-12-31 | TL227.03 Million ≈ $5.08 Million |
+6.44% |
| 2009-12-31 | TL213.31 Million ≈ $4.78 Million |
-8.83% |
| 2008-12-31 | TL233.95 Million ≈ $5.24 Million |
+17.52% |
| 2007-12-31 | TL199.07 Million ≈ $4.46 Million |
+25.75% |
| 2006-12-31 | TL158.31 Million ≈ $3.55 Million |
+25.71% |
| 2005-12-31 | TL125.93 Million ≈ $2.82 Million |
+35.64% |
| 2004-12-31 | TL92.84 Million ≈ $2.08 Million |
-100.00% |
| 2003-12-31 | TL69.58 Trillion ≈ $1.56 Trillion |
+15.11% |
| 2002-12-31 | TL60.45 Trillion ≈ $1.35 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to Parsan Makina Parcalari 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 113890361600.0% over the analyzed period, indicating profitable operations and earnings retention.
Parsan Makina Parcalari Sanayi AS Net Assets Breakdown (December 2024)
Parsan Makina Parcalari Sanayi AS net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.14 Billion | 12.33% |
| Other Components | TL8.10 Billion | 87.67% |
| Total Equity | TL9.23 Billion | 100.00% |
Parsan Makina Parcalari Sanayi AS Competitors by Market Cap
The table below lists competitors of Parsan Makina Parcalari Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Supergas Energy Ltd
TA:SPGE
|
$100.99 Million |
|
Lily Textile Co Ltd
TW:1443
|
$101.06 Million |
|
Skillz Platform Inc
NYSE:SKLZ
|
$101.07 Million |
|
Supercomnet Technologies Bhd
KLSE:0001
|
$101.14 Million |
|
Ilsung Pharm
KO:003120
|
$100.96 Million |
|
Kestrel Group, Ltd.
NYSE:KG
|
$100.95 Million |
|
Softronic AB
ST:SOF-B
|
$100.95 Million |
|
CAB Cakaran Corporation Bhd
KLSE:7174
|
$100.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parsan Makina Parcalari Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,998,461,813 to 9,234,430,624, a change of 2,235,968,811 (31.9%).
- Net loss of 334,151,945 reduced equity.
- Other factors increased equity by 2,570,120,756.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-334.15 Million | -3.62% |
| Other Changes | TL2.57 Billion | +27.83% |
| Total Change | TL- | 31.95% |
Book Value vs Market Value Analysis
This analysis compares Parsan Makina Parcalari 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: 0.43x
- 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 7.61x to 0.43x 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 | TL6.83 | TL51.95 | x |
| 2018-12-31 | TL6.15 | TL51.95 | x |
| 2019-12-31 | TL8.65 | TL51.95 | x |
| 2020-12-31 | TL13.17 | TL51.95 | x |
| 2021-12-31 | TL15.77 | TL51.95 | x |
| 2022-12-31 | TL45.15 | TL51.95 | x |
| 2023-12-31 | TL90.76 | TL51.95 | x |
| 2024-12-31 | TL119.75 | TL51.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parsan Makina Parcalari 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): -3.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.01%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.76x
- Recent ROE (-3.62%) is below the historical average (4.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 12.81% | 17.70% | 0.53x | 1.36x | TL6.48 Million |
| 2012 | 3.65% | 5.64% | 0.46x | 1.42x | TL-15.22 Million |
| 2013 | 3.16% | 6.95% | 0.32x | 1.40x | TL-23.15 Million |
| 2014 | 6.94% | 12.93% | 0.36x | 1.48x | TL-11.09 Million |
| 2015 | 3.99% | 8.73% | 0.25x | 1.85x | TL-28.58 Million |
| 2016 | -0.61% | -1.25% | 0.23x | 2.15x | TL-49.84 Million |
| 2017 | 1.90% | 3.21% | 0.25x | 2.39x | TL-42.52 Million |
| 2018 | -10.34% | -9.89% | 0.33x | 3.14x | TL-96.44 Million |
| 2019 | -0.60% | -0.76% | 0.29x | 2.73x | TL-70.65 Million |
| 2020 | 12.13% | 20.88% | 0.23x | 2.49x | TL21.66 Million |
| 2021 | 13.43% | 14.32% | 0.29x | 3.21x | TL41.74 Million |
| 2022 | 20.92% | 29.55% | 0.34x | 2.10x | TL380.32 Million |
| 2023 | 5.22% | 9.45% | 0.30x | 1.86x | TL-334.72 Million |
| 2024 | -3.62% | -8.01% | 0.26x | 1.76x | TL-1.26 Billion |
Industry Comparison
This section compares Parsan Makina Parcalari Sanayi AS's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $202,695,922
- Average return on equity (ROE) among peers: 12.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parsan Makina Parcalari Sanayi AS (PARSN) | TL12.13 Billion | 12.81% | 0.66x | $100.98 Million |
| Balatacilar Balatacilik Sanayi ve Ticaret AS (BALAT) | $5.51 Million | 5.93% | 3.82x | $34.50 Million |
| Bosch Fren Sistemleri Sanayi ve Ticaret AS (BFREN) | $87.91 Million | 45.81% | 0.93x | $277.16 Million |
| Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS (BRISA) | $427.47 Million | 9.14% | 0.55x | $487.94 Million |
| Ditas Dogan Yedek Parca Imalat ve Teknik AS (DITAS) | $26.14 Million | 0.00% | 0.53x | $25.66 Million |
| Ege Endustri ve Ticaret AS (EGEEN) | $39.94 Million | 9.86% | 1.15x | $316.07 Million |
| Goodyear Lastikleri TAS (GOODY) | $213.59 Million | 0.00% | 0.91x | $11.43 Million |
| Jantsa Jant Sanayi ve Ticaret AS (JANTS) | $118.21 Million | 11.52% | 0.57x | $179.99 Million |
| Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Tic (SAFKR) | $702.80 Million | 16.23% | 0.64x | $64.06 Million |
About Parsan Makina Parcalari Sanayi AS
Parsan Makina Parçalari Sanayii A.S. produces and sells forging parts and components for light, medium, and heavy vehicle manufacturers in Turkey. The company offers body parts, such as rear axle shafts, shafts, front axle beams, and front axle assemblies; and engine parts, including crankshafts, camshafts, forged pistons, steering knuckles, rods, pinion forgings, various gear forgings, spider ge… Read more