Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) - Net Assets
Based on the latest financial reports, Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) has net assets worth TL66.06 Million TRY (≈ $1.48 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL133.91 Million ≈ $3.00 Million USD) and total liabilities (TL67.85 Million ≈ $1.52 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. Read RODRG total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL66.06 Million |
| % of Total Assets | 49.33% |
| Annual Growth Rate | 40.22% |
| 5-Year Change | 514.25% |
| 10-Year Change | 750.11% |
| Growth Volatility | 109.53 |
Rodrigo Tekstil Sanayi ve Ticaret AS - Net Assets Trend (2011–2024)
This chart illustrates how Rodrigo Tekstil Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore Rodrigo Tekstil Sanayi ve Ticaret AS assets under control for the complete picture of this company's asset base.
Annual Net Assets for Rodrigo Tekstil Sanayi ve Ticaret AS (2011–2024)
The table below shows the annual net assets of Rodrigo Tekstil Sanayi ve Ticaret AS from 2011 to 2024. For live valuation and market cap data, see RODRG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL66.44 Million ≈ $1.49 Million |
+30.34% |
| 2023-12-31 | TL50.98 Million ≈ $1.14 Million |
+49.02% |
| 2022-12-31 | TL34.21 Million ≈ $766.14K |
+191.02% |
| 2020-12-31 | TL11.75 Million ≈ $263.26K |
+8.66% |
| 2019-12-31 | TL10.82 Million ≈ $242.28K |
+21.40% |
| 2018-12-31 | TL8.91 Million ≈ $199.57K |
+9.18% |
| 2017-12-31 | TL8.16 Million ≈ $182.79K |
+0.86% |
| 2016-12-31 | TL8.09 Million ≈ $181.24K |
+1.78% |
| 2015-12-31 | TL7.95 Million ≈ $178.07K |
+1.72% |
| 2014-12-31 | TL7.82 Million ≈ $175.06K |
-9.08% |
| 2013-12-31 | TL8.60 Million ≈ $192.55K |
+119.37% |
| 2012-12-31 | TL3.92 Million ≈ $87.78K |
+377.93% |
| 2011-12-31 | TL820.00K ≈ $18.37K |
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Equity Component Analysis
This analysis shows how different components contribute to Rodrigo Tekstil 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 decreased by 11763149800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL184.08 Million | 277.04% |
| Total Equity | TL66.44 Million | 100.00% |
Rodrigo Tekstil Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Rodrigo Tekstil Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alpha Microelectronics
TWO:8024
|
$18.07 Million |
|
Defence Therapeutics Inc.
F:DTC
|
$18.07 Million |
|
Polylite Taiwan Co Ltd
TWO:1813
|
$18.07 Million |
|
Bukit Jalil Global Acquisition 1 Ltd. Ordinary Shares
NASDAQ:BUJA
|
$18.09 Million |
|
JERICHO OIL
F:JLM
|
$18.02 Million |
|
Lion Forest Industries Bhd
KLSE:8486
|
$18.02 Million |
|
LL Lucky Games publ AB
ST:LADYLU
|
$18.02 Million |
|
Salee Industry Public Company Limited
BK:SALEE
|
$18.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rodrigo Tekstil Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,976,074 to 66,444,675, a change of 15,468,601 (30.3%).
- Net loss of 147,235 reduced equity.
- New share issuances of 21,255,000 increased equity.
- Other factors decreased equity by 5,639,164.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-147.24K | -0.22% |
| Share Issuances | TL21.25 Million | +31.99% |
| Other Changes | TL-5.64 Million | -8.49% |
| Total Change | TL- | 30.34% |
Book Value vs Market Value Analysis
This analysis compares Rodrigo Tekstil 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: 12.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 24.71x to 12.14x 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 | TL1.15 | TL28.46 | x |
| 2018-12-31 | TL1.26 | TL28.46 | x |
| 2019-12-31 | TL1.53 | TL28.46 | x |
| 2020-12-31 | TL1.66 | TL28.46 | x |
| 2022-12-31 | TL4.83 | TL28.46 | x |
| 2023-12-31 | TL7.19 | TL28.46 | x |
| 2024-12-31 | TL2.34 | TL28.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rodrigo Tekstil 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): -0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.15%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.02x
- Recent ROE (-0.22%) is above the historical average (-9.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -9.52% | -10.06% | 0.60x | 1.57x | TL-1.53 Million |
| 2015 | 1.54% | 1.13% | 0.70x | 1.93x | TL-672.78K |
| 2016 | 0.13% | 0.11% | 0.53x | 2.09x | TL-798.85K |
| 2017 | 1.07% | 0.71% | 0.64x | 2.37x | TL-728.51K |
| 2018 | 10.92% | 6.77% | 0.65x | 2.48x | TL82.32K |
| 2019 | 10.70% | 5.51% | 0.83x | 2.33x | TL75.26K |
| 2020 | -9.76% | -7.05% | 0.53x | 2.62x | TL-2.32 Million |
| 2022 | -129.57% | -89.01% | 0.48x | 3.03x | TL-47.74 Million |
| 2023 | 30.50% | 27.12% | 0.52x | 2.15x | TL10.45 Million |
| 2024 | -0.22% | -0.15% | 0.72x | 2.02x | TL-6.79 Million |
Industry Comparison
This section compares Rodrigo Tekstil Sanayi ve Ticaret AS's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,695,946,504
- Average return on equity (ROE) among peers: 15.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) | TL66.06 Million | -9.52% | 1.03x | $18.06 Million |
| Atlantis Yatirim Holding AS (ATSYH) | $11.72 Million | 18.68% | 0.07x | $10.66 Million |
| Dagi Giyim Sanayi ve Ticaret AS (DAGI) | $173.63 Million | 4.73% | 0.81x | $59.58 Million |
| Derluks Yatirim Holding AS (DERHL) | $1.89 Billion | 2.81% | 0.82x | $66.81 Million |
| Sun Tekstil Sanayi ve Ticaret A.S. (SUNTK) | $2.85 Billion | 21.00% | 0.67x | $379.48 Million |
| Suwen Tekstil Sanayi Pazarlama AS (SUWEN) | $15.84 Million | 9.35% | 9.01x | $107.75 Million |
| Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) | $5.23 Billion | 37.21% | 0.69x | $301.02 Million |
About Rodrigo Tekstil Sanayi ve Ticaret AS
Rodrigo Tekstil Sanayi ve Ticaret A.S. provides clothing products in Turkey. The company offers T-shirts, shirts, sweatshirts, trousers, jeans, tracksuits, jackets, and waistcoats for men. It provides its products through online, as well as stores. The company was formerly known as Rodrigo Tekstil Turizm Insaat Gida Ticaret ve Sanayi Anonim Sirketi and changed its name to Rodrigo Tekstil Sanayi v… Read more