Sanica Isi Sanayi A.S.
Sanica Isi Sanayi A.S. produces and sells radiators, towel warmers, boilers, built-in reservoirs, control panels, and underground and aboveground pipes in Türkiye. The company offers condensing and combi boilers; standard and design panel radiators; aluminum, column, stainless steel, and steel design radiators; and standard and dizayn towel rails, as well as accessories. It offers its products un… Read more
Sanica Isi Sanayi A.S. (SNICA) - Net Assets
Latest net assets as of June 2025: TL2.55 Billion TRY
Based on the latest financial reports, Sanica Isi Sanayi A.S. (SNICA) has net assets worth TL2.55 Billion TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.01 Billion) and total liabilities (TL2.46 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 | TL2.55 Billion |
| % of Total Assets | 50.95% |
| Annual Growth Rate | 90.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 230.98 |
Sanica Isi Sanayi A.S. - Net Assets Trend (2020–2024)
This chart illustrates how Sanica Isi Sanayi 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 Sanica Isi Sanayi A.S. (2020–2024)
The table below shows the annual net assets of Sanica Isi Sanayi A.S. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.67 Billion | -22.36% |
| 2023-12-31 | TL3.44 Billion | +59.73% |
| 2022-12-31 | TL2.16 Billion | +560.48% |
| 2021-12-31 | TL326.35 Million | +61.01% |
| 2020-12-31 | TL202.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sanica Isi Sanayi 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 589.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.22 Billion | 45.79% |
| Other Components | TL1.45 Billion | 54.21% |
| Total Equity | TL2.67 Billion | 100.00% |
Sanica Isi Sanayi A.S. Competitors by Market Cap
The table below lists competitors of Sanica Isi Sanayi A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Responder Technologies Inc
PINK:WPNNF
|
$25.21 Million |
|
Byggmästare Anders J Ahlström Holding AB (publ)
ST:AJA-B
|
$25.21 Million |
|
Blue Star Helium Ltd
PINK:BSNLF
|
$25.23 Million |
|
Momentum Metropolitan Holdings Ltd
JSE:MTM
|
$25.23 Million |
|
Enlight Corp
TW:2438
|
$25.19 Million |
|
SERI INDUSTRIAL EO -18
F:PCHP
|
$25.19 Million |
|
NHOA S.A
PINK:ENGPF
|
$25.19 Million |
|
Globon Co. Ltd
KQ:019660
|
$25.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanica Isi Sanayi A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,442,952,479 to 2,673,145,781, a change of -769,806,698 (-22.4%).
- Net loss of 575,513,684 reduced equity.
- Other factors decreased equity by 194,293,014.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-575.51 Million | -21.53% |
| Other Changes | TL-194.29 Million | -7.27% |
| Total Change | TL- | -22.36% |
Book Value vs Market Value Analysis
This analysis compares Sanica Isi Sanayi 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: 0.86x
- 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 11.37x to 0.86x 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 | TL0.34 | TL3.84 | x |
| 2021-12-31 | TL0.54 | TL3.84 | x |
| 2022-12-31 | TL3.59 | TL3.84 | x |
| 2023-12-31 | TL5.74 | TL3.84 | x |
| 2024-12-31 | TL4.46 | TL3.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanica Isi Sanayi 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): -21.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.89%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.75x
- Recent ROE (-21.53%) is below the historical average (12.45%), 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 | 34.98% | 19.04% | 0.66x | 2.78x | TL50.64 Million |
| 2021 | 24.37% | 11.16% | 0.74x | 2.97x | TL46.90 Million |
| 2022 | 9.12% | 7.72% | 0.63x | 1.86x | TL-18.93 Million |
| 2023 | 15.29% | 16.46% | 0.62x | 1.49x | TL182.22 Million |
| 2024 | -21.53% | -22.89% | 0.54x | 1.75x | TL-842.83 Million |
Industry Comparison
This section compares Sanica Isi Sanayi A.S.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $662,998,968
- Average return on equity (ROE) among peers: -49.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanica Isi Sanayi A.S. (SNICA) | TL2.55 Billion | 34.98% | 0.96x | $25.19 Million |
| Arcelik AS (ARCLK) | $4.68 Billion | 19.06% | 1.94x | $83.99 Million |
| Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS (DGNMO) | $11.99 Million | -544.33% | 63.84x | $19.03 Million |
| Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) | $421.73 Million | -1.06% | 0.67x | $71.84 Million |
| Gentas Genel Metal Sanayi ve Ticaret AS (GENTS) | $174.44 Million | 12.07% | 0.16x | $93.83 Million |
| Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS (IHEVA) | $726.05 Million | 31.14% | 0.26x | $15.15 Million |
| Intema Insaat ve Tesisat Malzemeleri Yatirim ve Pazarlama AS (INTEM) | $28.97 Million | 0.00% | 5.71x | $18.67 Million |
| Isbir Holding AS (ISBIR) | $95.90 Million | 0.00% | 2.90x | $55.50 Million |
| Koleksiyon Mobilya Sanayi AS (KLSYN) | $374.91 Million | 0.03% | 1.19x | $20.21 Million |
| Kutahya Porselen Sanayi AS (KUTPO) | $77.43 Million | 0.00% | 0.30x | $26.97 Million |
| Silverline Endustri ve Ticaret AS (SILVR) | $42.73 Million | -14.91% | 3.60x | $10.85 Million |