Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi
Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi produces and sells e-book readers, smart mobile phones, smart watches, and tablets in Turkey. The company also offers robot vacuum cleaners and smart televisions. In addition, it sells its products through online. The company was founded in 2010 and is based in Samsun, Turkey.
Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi (REEDR) - Net Assets
Latest net assets as of March 2024: TL5.30 Billion TRY
Based on the latest financial reports, Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi (REEDR) has net assets worth TL5.30 Billion TRY as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL7.37 Billion) and total liabilities (TL2.07 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 | TL5.30 Billion |
| % of Total Assets | 71.94% |
| Annual Growth Rate | 402.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 578.13 |
Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi - Net Assets Trend (2020–2023)
This chart illustrates how Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi (2020–2023)
The table below shows the annual net assets of Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL4.74 Billion | +120.83% |
| 2022-12-31 | TL2.15 Billion | +1417.64% |
| 2021-12-31 | TL141.57 Million | +276.50% |
| 2020-12-31 | TL37.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi'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 3887.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.42 Billion | 30.19% |
| Other Components | TL3.28 Billion | 69.81% |
| Total Equity | TL4.70 Billion | 100.00% |
Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi Competitors by Market Cap
The table below lists competitors of Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
APS Holdings Corporation
KQ:054620
|
$47.37 Million |
|
Dynacons Systems & Solutions Limited
NSE:DSSL
|
$47.38 Million |
|
Laurion Mineral Exploration Inc
PINK:LMEFF
|
$47.38 Million |
|
Falcon Energy Materials plc
V:FLCN
|
$47.40 Million |
|
UNITED FOODBRANDS LIMITED
NSE:UFBL
|
$47.36 Million |
|
Citizens Holding Company
NASDAQ:CIZN
|
$47.36 Million |
|
Cayson Acquisition Corp
NASDAQ:CAPNU
|
$47.36 Million |
|
Frontier Digital Ventures Ltd
AU:FDV
|
$47.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,138,270,752 to 4,696,026,635, a change of 2,557,755,883 (119.6%).
- Net income of 869,392,982 contributed positively to equity growth.
- New share issuances of 1,721,462,520 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL869.39 Million | +18.51% |
| Share Issuances | TL1.72 Billion | +36.66% |
| Other Changes | TL-33.10 Million | -0.7% |
| Total Change | TL- | 119.62% |
Book Value vs Market Value Analysis
This analysis compares Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi'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: 1.24x
- 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 154.63x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL0.04 | TL6.12 | x |
| 2021-12-31 | TL0.15 | TL6.12 | x |
| 2022-12-31 | TL2.25 | TL6.12 | x |
| 2023-12-31 | TL4.94 | TL6.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi 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): 18.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.84%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.37x
- Recent ROE (18.51%) is below the historical average (50.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 90.04% | 14.17% | 1.93x | 3.30x | TL30.10 Million |
| 2021 | 73.49% | 23.00% | 0.84x | 3.83x | TL89.68 Million |
| 2022 | 19.28% | 22.64% | 0.49x | 1.75x | TL198.45 Million |
| 2023 | 18.51% | 32.84% | 0.41x | 1.37x | TL399.79 Million |
Industry Comparison
This section compares Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $284,224,639
- Average return on equity (ROE) among peers: -140.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi (REEDR) | TL5.30 Billion | 90.04% | 0.39x | $47.36 Million |
| Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS (ARZUM) | $284.22 Million | -140.72% | 10.50x | $21.97 Million |