Rubenis Tekstil Ticaret A.S.
Rubenis Tekstil Sanayi Ticaret A.S. manufactures and sells cotton yarns and fabrics under Mayer brand in Turkey and internationally. It engages in the silk, cotton, wool, synthetic natural fibers, and other yarns knitting; dye and finish; construction; and air conditioning businesses. The company is also involved in the real estate development activities in the field of buildings, facilities, and… Read more
Rubenis Tekstil Ticaret A.S. (RUBNS) - Net Assets
Latest net assets as of March 2025: TL3.41 Billion TRY
Based on the latest financial reports, Rubenis Tekstil Ticaret A.S. (RUBNS) has net assets worth TL3.41 Billion TRY as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.25 Billion) and total liabilities (TL836.44 Million). 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 | TL3.41 Billion |
| % of Total Assets | 80.3% |
| Annual Growth Rate | 96.8% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 129.81 |
Rubenis Tekstil Ticaret A.S. - Net Assets Trend (2020–2024)
This chart illustrates how Rubenis Tekstil Ticaret A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rubenis Tekstil Ticaret A.S. (2020–2024)
The table below shows the annual net assets of Rubenis Tekstil Ticaret A.S. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.13 Billion | +11.88% |
| 2023-12-31 | TL2.80 Billion | +48.46% |
| 2022-12-31 | TL1.88 Billion | +344.74% |
| 2021-12-31 | TL423.50 Million | +103.08% |
| 2020-12-31 | TL208.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rubenis Tekstil Ticaret A.S.'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 5955.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.45 Billion | 46.49% |
| Other Components | TL1.67 Billion | 53.51% |
| Total Equity | TL3.13 Billion | 100.00% |
Rubenis Tekstil Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Rubenis Tekstil Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D. Western Therapeutics Institute Inc
F:6DW
|
$22.40 Million |
|
Wooyang Co. Ltd
KQ:103840
|
$22.40 Million |
|
Saga Metals Corp.
V:SAGA
|
$22.41 Million |
|
Opticis Company Limited
KQ:109080
|
$22.41 Million |
|
Northstar Clean Technologies Inc
OTCQB:ROOOF
|
$22.38 Million |
|
Keck Seng Investments (Hong Kong) Limited
PINK:KCKSF
|
$22.37 Million |
|
Generation Bio Co
NASDAQ:GBIO
|
$22.36 Million |
|
YM Tech Co. Ltd.
KQ:273640
|
$22.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rubenis Tekstil Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,796,147,633 to 3,128,275,611, a change of 332,127,978 (11.9%).
- Net income of 26,609,695 contributed positively to equity growth.
- Share repurchases of 4,872,389 reduced equity.
- Other factors increased equity by 310,390,672.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL26.61 Million | +0.85% |
| Share Repurchases | TL4.87 Million | -0.16% |
| Other Changes | TL310.39 Million | +9.92% |
| Total Change | TL- | 11.88% |
Book Value vs Market Value Analysis
This analysis compares Rubenis Tekstil Ticaret A.S.'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: 0.79x
- 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 11.85x to 0.79x 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 | TL2.80 | TL33.18 | x |
| 2021-12-31 | TL5.68 | TL33.18 | x |
| 2022-12-31 | TL25.28 | TL33.18 | x |
| 2023-12-31 | TL37.53 | TL33.18 | x |
| 2024-12-31 | TL41.99 | TL33.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rubenis Tekstil Ticaret A.S. 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): 0.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.25x
- Recent ROE (0.85%) is below the historical average (6.58%), 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 | 11.56% | 11.39% | 0.55x | 1.84x | TL3.25 Million |
| 2021 | 17.51% | 20.89% | 0.52x | 1.62x | TL31.82 Million |
| 2022 | 0.24% | 0.31% | 0.50x | 1.51x | TL-183.85 Million |
| 2023 | 2.72% | 2.30% | 0.94x | 1.26x | TL-203.43 Million |
| 2024 | 0.85% | 1.54% | 0.44x | 1.25x | TL-286.22 Million |
Industry Comparison
This section compares Rubenis Tekstil Ticaret A.S.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $719,063,395
- Average return on equity (ROE) among peers: 11.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rubenis Tekstil Ticaret A.S. (RUBNS) | TL3.41 Billion | 11.56% | 0.25x | $22.38 Million |
| Aksa Akrilik Kimya Sanayi AS (AKSA) | $5.74 Billion | 59.61% | 0.99x | $1.12 Billion |
| Artemis Hali As (ARTMS) | $272.08 Million | 26.83% | 1.43x | $12.92 Million |
| Akin Tekstil AS (ATEKS) | $190.49 Million | 0.00% | 0.27x | $10.13 Million |
| Bilici Yatirim Sanayi ve Ticaret AS (BLCYT) | $16.16 Million | 0.00% | 0.30x | $38.50 Million |
| Bossa Ticaret ve Sanayi Isletmeleri TAS (BOSSA) | $678.16 Million | 48.24% | 1.72x | $18.55 Million |
| Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) | $59.69 Million | 0.00% | 1.13x | $48.61 Million |
| Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) | $34.61 Million | -25.17% | 2.08x | $7.62 Million |
| Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) | $15.05 Million | 0.24% | 0.51x | $7.36 Million |
| Ensari Deri Gida Sanayi ve Ticaret AS (ENSRI) | $55.50 Million | 3.13% | 1.78x | $204.53 Million |
| Hateks Hatay Tekstil Isletmeleri AS (HATEK) | $128.56 Million | 0.26% | 0.32x | $17.36 Million |