Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) - Net Assets
Based on the latest financial reports, Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) has net assets worth TL1.17 Billion TRY (≈ $26.11 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 (TL2.01 Billion ≈ $45.02 Million USD) and total liabilities (TL844.16 Million ≈ $18.91 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. Check Say Yenilenebilir Enerji Ekipmanları San (SAYAS) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL1.17 Billion |
| % of Total Assets | 58.0% |
| Annual Growth Rate | 35.77% |
| 5-Year Change | 2246.64% |
| 10-Year Change | 1429.5% |
| Growth Volatility | 80.41 |
Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi - Net Assets Trend (2010–2024)
This chart illustrates how Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi's net assets have evolved over time, based on quarterly financial data. See how many days can Say Yenilenebilir Enerji Ekipmanları San fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (2010–2024)
The table below shows the annual net assets of Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi from 2010 to 2024. For live valuation and market cap data, see SAYAS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL824.41 Million ≈ $18.46 Million |
+2.62% |
| 2023-12-31 | TL803.38 Million ≈ $17.99 Million |
+221.09% |
| 2022-12-31 | TL250.20 Million ≈ $5.60 Million |
+146.69% |
| 2021-12-31 | TL101.42 Million ≈ $2.27 Million |
+188.69% |
| 2020-12-31 | TL35.13 Million ≈ $786.86K |
+110.47% |
| 2019-12-31 | TL16.69 Million ≈ $373.85K |
-4.00% |
| 2018-12-31 | TL17.39 Million ≈ $389.42K |
-47.68% |
| 2017-12-31 | TL33.23 Million ≈ $744.33K |
+6.04% |
| 2016-12-31 | TL31.34 Million ≈ $701.91K |
-41.86% |
| 2015-12-31 | TL53.90 Million ≈ $1.21 Million |
+29.67% |
| 2014-12-31 | TL41.57 Million ≈ $931.04K |
+23.20% |
| 2013-12-31 | TL33.74 Million ≈ $755.71K |
+57.72% |
| 2012-12-31 | TL21.39 Million ≈ $479.15K |
+3.35% |
| 2011-12-31 | TL20.70 Million ≈ $463.60K |
+81.63% |
| 2010-12-31 | TL11.40 Million ≈ $255.24K |
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Equity Component Analysis
This analysis shows how different components contribute to Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi'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 28639.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL185.37 Million | 22.49% |
| Other Components | TL639.00 Million | 77.51% |
| Total Equity | TL824.37 Million | 100.00% |
Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi Competitors by Market Cap
The table below lists competitors of Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
$93.35 Million |
|
Lake Resources N.L.
AU:LKE
|
$93.35 Million |
|
Nanjing Panda Electronics Company Limited
F:NNJ
|
$93.36 Million |
|
Choil Aluminum
KO:018470
|
$93.37 Million |
|
Martin Midstream Partners LP
NASDAQ:MMLP
|
$93.34 Million |
|
CFSB Bancorp Inc
NASDAQ:CFSB
|
$93.32 Million |
|
MAISON POMMERY & ASSOCIES
PA:POMRY
|
$93.31 Million |
|
Da Ming International Holdings Limited
F:DM7
|
$93.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 803,336,305 to 824,372,696, a change of 21,036,391 (2.6%).
- Net income of 19,544,065 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL19.54 Million | +2.37% |
| Other Changes | TL1.49 Million | +0.18% |
| Total Change | TL- | 2.62% |
Book Value vs Market Value Analysis
This analysis compares Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi'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: 5.06x
- 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 41.60x to 5.06x 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 | TL1.30 | TL53.95 | x |
| 2018-12-31 | TL0.69 | TL53.95 | x |
| 2019-12-31 | TL0.66 | TL53.95 | x |
| 2020-12-31 | TL1.27 | TL53.95 | x |
| 2021-12-31 | TL3.94 | TL53.95 | x |
| 2022-12-31 | TL3.24 | TL53.95 | x |
| 2023-12-31 | TL10.40 | TL53.95 | x |
| 2024-12-31 | TL10.67 | TL53.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi 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): 2.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.17%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.68x
- Recent ROE (2.37%) is below the historical average (7.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.00% | 7.86% | 0.89x | 1.43x | TL-100.00 |
| 2014 | 11.55% | 13.08% | 0.38x | 2.33x | TL645.10K |
| 2015 | 17.38% | 7.48% | 0.77x | 3.01x | TL4.03 Million |
| 2016 | -60.96% | -15.62% | 0.99x | 3.95x | TL-22.58 Million |
| 2017 | 2.76% | 1.82% | 0.53x | 2.85x | TL-2.41 Million |
| 2018 | -88.26% | -42.94% | 0.71x | 2.88x | TL-17.32 Million |
| 2019 | -2.90% | -0.69% | 1.48x | 2.84x | TL-2.16 Million |
| 2020 | 53.00% | 12.42% | 1.02x | 4.19x | TL15.13 Million |
| 2021 | 65.50% | 19.10% | 1.74x | 1.97x | TL56.30 Million |
| 2022 | 61.22% | 24.57% | 1.52x | 1.64x | TL128.14 Million |
| 2023 | 21.66% | 13.21% | 1.14x | 1.44x | TL93.71 Million |
| 2024 | 2.37% | 1.17% | 1.21x | 1.68x | TL-62.89 Million |
Industry Comparison
This section compares Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,089,740,050
- Average return on equity (ROE) among peers: 8.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | TL1.17 Billion | 10.00% | 0.72x | $93.34 Million |
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | $65.07 Million | 0.00% | 3.08x | $651.70 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $67.03 Million | 0.00% | 1.24x | $132.60 Million |
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | $55.83 Million | -15.17% | 5.52x | $97.08 Million |
| ENKA Insaat ve Sanayi AS (ENKAI) | $4.41 Billion | 12.37% | 0.61x | $12.40 Billion |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $13.62 Billion | 9.87% | 0.59x | $790.23 Million |
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | $3.82 Million | 0.00% | 4.69x | $5.35 Million |
| Orge Enerji Elektrik Taahhut AS (ORGE) | $345.32 Million | 30.11% | 0.68x | $217.26 Million |
| Ral Yatirim Holding AS (RALYH) | $13.23 Million | 13.38% | 0.11x | $1.51 Billion |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $219.89 Million | 26.43% | 0.26x | $27.79 Million |
About Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi
Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret A.S. offers renewable energy equipment in Turkey. The company produces parts made of steel, aluminum, and other materials for electricity generation; integral parts, such as inner and outer parts of wind turbine towers and generators; and wind turbine and wind turbine transportation equipment. It also engages in trade, marketing, and sales ac… Read more