Sanifoam Sunger Sanayi ve Ticaret AS
Sanifoam Endustri ve Tuketim Urunleri Sanayi Ticaret A.S., together with its subsidiaries, produces and trades in industrial and cleaning products in Turkey and internationally. The company offers Basotect and Firex foams; Echobon, a high-density ecological insulation material; Echopol, a low-density flexible foam product; SaniFilter material; SaniShine, a high strength flexible polyurethane foam… Read more
Sanifoam Sunger Sanayi ve Ticaret AS (SANFM) - Net Assets
Latest net assets as of June 2025: TL532.33 Million TRY
Based on the latest financial reports, Sanifoam Sunger Sanayi ve Ticaret AS (SANFM) has net assets worth TL532.33 Million TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.46 Billion) and total liabilities (TL931.20 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 | TL532.33 Million |
| % of Total Assets | 36.37% |
| Annual Growth Rate | 43.47% |
| 5-Year Change | 1539.15% |
| 10-Year Change | 3189.62% |
| Growth Volatility | 101.43 |
Sanifoam Sunger Sanayi ve Ticaret AS - Net Assets Trend (2009–2024)
This chart illustrates how Sanifoam Sunger Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sanifoam Sunger Sanayi ve Ticaret AS (2009–2024)
The table below shows the annual net assets of Sanifoam Sunger Sanayi ve Ticaret AS from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL460.29 Million | +9.79% |
| 2023-12-31 | TL419.26 Million | +245.01% |
| 2022-12-31 | TL121.52 Million | +100.83% |
| 2021-12-31 | TL60.51 Million | +115.48% |
| 2020-12-31 | TL28.08 Million | +46.26% |
| 2019-12-31 | TL19.20 Million | +11.16% |
| 2018-12-31 | TL17.27 Million | +11.23% |
| 2017-12-31 | TL15.53 Million | +4.81% |
| 2016-12-31 | TL14.82 Million | +5.88% |
| 2015-12-31 | TL13.99 Million | -26.05% |
| 2014-12-31 | TL18.92 Million | -0.29% |
| 2013-12-31 | TL18.98 Million | -0.65% |
| 2012-12-31 | TL19.10 Million | +106.40% |
| 2011-12-31 | TL9.25 Million | +1.24% |
| 2010-12-31 | TL9.14 Million | +346.34% |
| 2009-12-31 | TL2.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sanifoam Sunger 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 19251928500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL192.52 Million | 42.32% |
| Other Components | TL262.39 Million | 57.68% |
| Total Equity | TL454.91 Million | 100.00% |
Sanifoam Sunger Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Sanifoam Sunger Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanalysis Scientific Corp
OTCQX:NSCIF
|
$13.09 Million |
|
Jentayu Sustainables Bhd
KLSE:5673
|
$13.09 Million |
|
Shin Poong Pap
KO:002870
|
$13.09 Million |
|
China High Precision Automation Group Limited
PINK:HPAGF
|
$13.09 Million |
|
Compumedics Ltd
AU:CMP
|
$13.08 Million |
|
WeConnect
PA:ALWEC
|
$13.08 Million |
|
I Yuan Precision Ind Co Ltd
TWO:2235
|
$13.08 Million |
|
355690
KQ:355690
|
$13.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanifoam Sunger Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 415,996,327 to 454,911,711, a change of 38,915,384 (9.4%).
- Net income of 47,204,522 contributed positively to equity growth.
- Dividend payments of 3,049,097 reduced retained earnings.
- Other factors decreased equity by 5,240,041.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL47.20 Million | +10.38% |
| Dividends Paid | TL3.05 Million | -0.67% |
| Other Changes | TL-5.24 Million | -1.15% |
| Total Change | TL- | 9.35% |
Book Value vs Market Value Analysis
This analysis compares Sanifoam Sunger 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: 5.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL1.19 | TL6.79 | x |
| 2018-12-31 | TL1.33 | TL6.79 | x |
| 2019-12-31 | TL1.46 | TL6.79 | x |
| 2020-12-31 | TL2.13 | TL6.79 | x |
| 2021-12-31 | TL4.53 | TL6.79 | x |
| 2022-12-31 | TL4.01 | TL6.79 | x |
| 2023-12-31 | TL1.11 | TL6.79 | x |
| 2024-12-31 | TL1.21 | TL6.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanifoam Sunger 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): 10.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.46%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.04x
- Recent ROE (10.38%) is below the historical average (12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.26% | 0.15% | 0.63x | 2.81x | TL-1.84 Million |
| 2015 | -35.89% | -12.32% | 0.79x | 3.67x | TL-6.42 Million |
| 2016 | -8.02% | -2.45% | 0.87x | 3.77x | TL-2.67 Million |
| 2017 | 5.00% | 1.32% | 0.92x | 4.11x | TL-777.30K |
| 2018 | 5.14% | 1.08% | 1.09x | 4.38x | TL-838.63K |
| 2019 | 19.15% | 3.88% | 1.03x | 4.78x | TL1.74 Million |
| 2020 | 25.41% | 6.53% | 0.82x | 4.75x | TL4.33 Million |
| 2021 | 51.47% | 21.33% | 0.73x | 3.29x | TL24.83 Million |
| 2022 | 52.41% | 20.13% | 0.88x | 2.97x | TL51.08 Million |
| 2023 | 15.24% | 6.22% | 0.98x | 2.50x | TL21.80 Million |
| 2024 | 10.38% | 5.46% | 0.93x | 2.04x | TL1.71 Million |
Industry Comparison
This section compares Sanifoam Sunger Sanayi ve Ticaret AS's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,044,661,923
- Average return on equity (ROE) among peers: -2.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanifoam Sunger Sanayi ve Ticaret AS (SANFM) | TL532.33 Million | 0.26% | 1.75x | $13.08 Million |
| Ekiz Kimya Sanayi ve Ticaret AS (EKIZ) | $8.04 Million | -12.16% | 3.91x | $18.26 Million |
| Izmir Firca Sanayi ve Ticaret (IZFAS) | $2.22 Million | 0.00% | 2.33x | $150.37 Million |
| Koroplast Temizlik Ambalaj Urunleri San. ve Dis Ticaret A.S. (KRPLS) | $158.94 Million | 3.82% | 1.55x | $10.32 Million |
| LILA KAGIT (LILAK) | $5.02 Billion | 40.91% | 0.98x | $8.63K |
| Viking Kagit ve Seluloz AS (VKING) | $35.69 Million | -45.45% | 5.60x | $9.83 Million |