Pinar Su Sanayi ve Ticaret AS Net Assets
Pinar Su Sanayi ve Ticaret AS net assets. Based on the latest financial reports, Pinar Su Sanayi ve Ticaret AS (PINSU) has net assets worth TL2.37 Billion TRY (≈ $53.08 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.89 Billion ≈ $87.02 Million USD) and total liabilities (TL1.52 Billion ≈ $33.94 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 Pinar Su Sanayi ve Ticaret AS to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL2.37 Billion |
| % of Total Assets | 60.99% |
| Annual Growth Rate | -35.28% |
| 5-Year Change | 2144.17% |
| 10-Year Change | 3400.63% |
| Growth Volatility | 83.02 |
Net Assets of Pinar Su Sanayi ve Ticaret AS (2002–2024)
Net assets of Pinar Su Sanayi ve Ticaret AS from 2002 to 2024. This chart illustrates how Pinar Su Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. See PINSU net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Pinar Su Sanayi ve Ticaret AS (2002–2024)
The table below shows the annual net assets of Pinar Su Sanayi ve Ticaret AS from 2002 to 2024. For live market cap and overall valuation, see market value of Pinar Su Sanayi ve Ticaret AS.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.88 Billion ≈ $42.14 Million |
+16.24% |
| 2023-12-31 | TL1.62 Billion ≈ $36.25 Million |
+345.93% |
| 2022-12-31 | TL362.95 Million ≈ $8.13 Million |
+59.89% |
| 2021-12-31 | TL227.00 Million ≈ $5.08 Million |
+170.77% |
| 2020-12-31 | TL83.84 Million ≈ $1.88 Million |
+62.19% |
| 2019-12-31 | TL51.69 Million ≈ $1.16 Million |
-19.86% |
| 2018-12-31 | TL64.50 Million ≈ $1.44 Million |
+0.80% |
| 2017-12-31 | TL63.99 Million ≈ $1.43 Million |
+0.00% |
| 2016-12-31 | TL63.99 Million ≈ $1.43 Million |
+19.05% |
| 2015-12-31 | TL53.75 Million ≈ $1.20 Million |
-8.82% |
| 2014-12-31 | TL58.94 Million ≈ $1.32 Million |
-19.18% |
| 2013-12-31 | TL72.93 Million ≈ $1.63 Million |
-6.68% |
| 2012-12-31 | TL78.15 Million ≈ $1.75 Million |
+6.47% |
| 2011-12-31 | TL73.40 Million ≈ $1.64 Million |
+0.93% |
| 2010-12-31 | TL72.72 Million ≈ $1.63 Million |
+3.57% |
| 2009-12-31 | TL70.22 Million ≈ $1.57 Million |
+14.50% |
| 2008-12-31 | TL61.33 Million ≈ $1.37 Million |
+8.68% |
| 2007-12-31 | TL56.43 Million ≈ $1.26 Million |
+15.53% |
| 2006-12-31 | TL48.84 Million ≈ $1.09 Million |
+23.30% |
| 2005-12-31 | TL39.61 Million ≈ $887.18K |
+26.83% |
| 2004-12-31 | TL31.23 Million ≈ $699.52K |
+11.84% |
| 2003-12-31 | TL27.93 Million ≈ $625.45K |
-100.00% |
| 2002-12-31 | TL27.06 Trillion ≈ $606.12 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Pinar Su 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 35905479000.0% over the analyzed period, indicating profitable operations and earnings retention.
Pinar Su Sanayi ve Ticaret AS Net Assets Breakdown (December 2024)
Pinar Su Sanayi ve Ticaret AS net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL359.05 Million | 19.08% |
| Other Components | TL1.52 Billion | 80.92% |
| Total Equity | TL1.88 Billion | 100.00% |
Pinar Su Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Pinar Su Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apollo Minerals Ltd
AU:AON
|
$48.14 Million |
|
Agile Content SA
MC:AGIL
|
$48.14 Million |
|
The Beachbody Company, Inc.
NYSE:BODI
|
$48.17 Million |
|
Sinil Pharmaceutical Co. Ltd
KQ:012790
|
$48.18 Million |
|
Elinoil Hellenic Petroleum Company S.A
AT:ELIN
|
$48.14 Million |
|
Caribou Biosciences Inc
NASDAQ:CRBU
|
$48.10 Million |
|
Mistral Gayrimenkul Yatirim Ortakligi AS
IS:MSGYO
|
$48.08 Million |
|
Nurminen Logistics Oyj
HE:NLG1V
|
$48.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pinar Su Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,618,522,478 to 1,881,415,706, a change of 262,893,228 (16.2%).
- Net income of 34,424,871 contributed positively to equity growth.
- Other factors increased equity by 228,468,357.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL34.42 Million | +1.83% |
| Other Changes | TL228.47 Million | +12.14% |
| Total Change | TL- | 16.24% |
Book Value vs Market Value Analysis
This analysis compares Pinar Su 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: 1.14x
- 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 5.29x to 1.14x 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 | TL1.43 | TL7.56 | x |
| 2018-12-31 | TL1.44 | TL7.56 | x |
| 2019-12-31 | TL1.15 | TL7.56 | x |
| 2020-12-31 | TL1.87 | TL7.56 | x |
| 2021-12-31 | TL2.40 | TL7.56 | x |
| 2022-12-31 | TL3.83 | TL7.56 | x |
| 2023-12-31 | TL5.69 | TL7.56 | x |
| 2024-12-31 | TL6.62 | TL7.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pinar Su 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): 1.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.76%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.59x
- Recent ROE (1.83%) is above the historical average (-9.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.29% | 2.77% | 0.45x | 1.82x | TL-2.41 Million |
| 2005 | 9.60% | 8.68% | 0.67x | 1.65x | TL-157.20K |
| 2006 | 13.96% | 14.03% | 0.79x | 1.26x | TL1.93 Million |
| 2007 | 14.78% | 13.76% | 0.81x | 1.33x | TL2.69 Million |
| 2008 | 9.26% | 9.29% | 0.73x | 1.37x | TL-452.60K |
| 2009 | 8.58% | 11.02% | 0.62x | 1.26x | TL-996.10K |
| 2010 | 5.21% | 5.49% | 0.72x | 1.32x | TL-3.48 Million |
| 2012 | 0.15% | 0.12% | 0.84x | 1.52x | TL-7.70 Million |
| 2014 | 3.66% | 1.63% | 1.08x | 2.07x | TL-3.74 Million |
| 2015 | -16.74% | -6.23% | 0.97x | 2.78x | TL-14.37 Million |
| 2016 | -33.48% | -13.07% | 0.80x | 3.22x | TL-27.82 Million |
| 2017 | -30.81% | -9.94% | 0.80x | 3.86x | TL-26.11 Million |
| 2018 | -34.23% | -9.43% | 0.80x | 4.55x | TL-28.53 Million |
| 2019 | -63.36% | -14.58% | 0.69x | 6.29x | TL-37.92 Million |
| 2020 | -47.54% | -18.13% | 0.52x | 5.07x | TL-48.24 Million |
| 2021 | -28.10% | -19.74% | 0.48x | 2.94x | TL-86.48 Million |
| 2022 | -14.95% | -9.37% | 0.59x | 2.69x | TL-90.57 Million |
| 2023 | 18.07% | 16.77% | 0.65x | 1.67x | TL130.56 Million |
| 2024 | 1.83% | 1.76% | 0.66x | 1.59x | TL-153.72 Million |
Industry Comparison
This section compares Pinar Su Sanayi ve Ticaret AS's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $7,039,869,075
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pinar Su Sanayi ve Ticaret AS (PINSU) | TL2.37 Billion | 2.29% | 0.64x | $48.14 Million |
| Anadolu Efes Biracilik ve Malt Sanayi AS (AEFES) | $25.01 Billion | 3.26% | 1.02x | $2.23 Billion |
| Coca-Cola Icecek AS (CCOLA) | $2.87 Billion | 17.02% | 1.44x | $4.59 Billion |
| Elite Naturel Organik Gida Sanayi ve Ticaret AS (ELITE) | $236.40 Million | 15.91% | 0.84x | $51.96 Million |
| Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL) | $37.01 Million | 0.00% | 0.26x | $25.54 Million |
About Pinar Su Sanayi ve Ticaret AS
Pinar Su ve Icecek Sanayi ve Ticaret A.S. produces and sells bottled water, functional beverages, natural mineral water, lemonade, and plain and fruit-flavored sparkling water in Turkey. The company exports its products to Germany, England, Holland, France, Belgium, Kosovo, Kuwait, Qatar, Saudi Arabia, the United Arab Emirates, Singapore, Australia, and the United States. Pinar Su ve Icecek Sanay… Read more