Sodas Sodyum Sanayi AS
Sodas Sodyum Sanayii A.S. produces and sells chemicals in Turkey. The company provides natural sodium sulphate used in the production of detergent, textile dyeing, glass, paper, fertilizer, animal feed, and various chemicals; and sodium chloride (salt) used in food, textile, leather, detergent, animal feed, and health sectors, as well as used against icing on highways in winter. Sodas Sodyum Sana… Read more
Sodas Sodyum Sanayi AS (SODSN) - Net Assets
Latest net assets as of December 2019: TL31.73 Million TRY
Based on the latest financial reports, Sodas Sodyum Sanayi AS (SODSN) has net assets worth TL31.73 Million TRY as of December 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL41.60 Million) and total liabilities (TL9.87 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 | TL31.73 Million |
| % of Total Assets | 76.28% |
| Annual Growth Rate | 8.03% |
| 5-Year Change | 119.59% |
| 10-Year Change | 228.67% |
| Growth Volatility | 14.72 |
Sodas Sodyum Sanayi AS - Net Assets Trend (2008–2024)
This chart illustrates how Sodas Sodyum Sanayi 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 Sodas Sodyum Sanayi AS (2008–2024)
The table below shows the annual net assets of Sodas Sodyum Sanayi AS from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL68.59 Million | -4.18% |
| 2023-12-31 | TL71.59 Million | +35.36% |
| 2022-12-31 | TL52.88 Million | +18.50% |
| 2021-12-31 | TL44.63 Million | +42.88% |
| 2020-12-31 | TL31.24 Million | -1.57% |
| 2019-12-31 | TL31.73 Million | +17.20% |
| 2018-12-31 | TL27.08 Million | +17.39% |
| 2017-12-31 | TL23.07 Million | +4.50% |
| 2016-12-31 | TL22.07 Million | +5.77% |
| 2015-12-31 | TL20.87 Million | +5.03% |
| 2014-12-31 | TL19.87 Million | -3.40% |
| 2013-12-31 | TL20.57 Million | +1.92% |
| 2012-12-31 | TL20.18 Million | -9.44% |
| 2011-12-31 | TL22.28 Million | +18.55% |
| 2009-12-31 | TL18.80 Million | -5.67% |
| 2008-12-31 | TL19.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sodas Sodyum Sanayi 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 3237.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL227.21 Million | 331.26% |
| Total Equity | TL68.59 Million | 100.00% |
Sodas Sodyum Sanayi AS Competitors by Market Cap
The table below lists competitors of Sodas Sodyum Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magnetite Mines Ltd
AU:MGT
|
$3.51 Million |
|
Society Pass Inc
NASDAQ:SOPA
|
$3.51 Million |
|
Complii Fintech Solutions Ltd
AU:CF1
|
$3.51 Million |
|
Great Atlantic Resources Corp
V:GR
|
$3.51 Million |
|
ROVSING AS IN. DK 50
F:RVY
|
$3.51 Million |
|
TruCap Finance Limited
NSE:TRU
|
$3.50 Million |
|
1ZX0
F:1ZX0
|
$3.50 Million |
|
Norwegian Block Exchange AS
OL:NBX
|
$3.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sodas Sodyum Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,585,186 to 68,591,486, a change of -2,993,700 (-4.2%).
- Net loss of 198,367 reduced equity.
- Other factors decreased equity by 2,795,333.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-198.37K | -0.29% |
| Other Changes | TL-2.80 Million | -4.08% |
| Total Change | TL- | -4.18% |
Book Value vs Market Value Analysis
This analysis compares Sodas Sodyum Sanayi 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: 2.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.41x to 2.15x 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 | TL1.54 | TL9.85 | x |
| 2018-12-31 | TL1.81 | TL9.85 | x |
| 2019-12-31 | TL2.12 | TL9.85 | x |
| 2020-12-31 | TL2.08 | TL9.85 | x |
| 2021-12-31 | TL2.98 | TL9.85 | x |
| 2022-12-31 | TL3.53 | TL9.85 | x |
| 2023-12-31 | TL4.77 | TL9.85 | x |
| 2024-12-31 | TL4.57 | TL9.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sodas Sodyum Sanayi 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): -0.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.09%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 3.26x
- Recent ROE (-0.29%) is below the historical average (26.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.35% | 4.34% | 0.83x | 1.21x | TL-1.14 Million |
| 2013 | 6.89% | 6.91% | 0.85x | 1.17x | TL-639.80K |
| 2014 | 2.66% | 3.20% | 0.69x | 1.20x | TL-1.46 Million |
| 2015 | 8.90% | 9.95% | 0.74x | 1.20x | TL-228.58K |
| 2016 | 14.38% | 14.19% | 0.81x | 1.25x | TL966.88K |
| 2017 | 15.72% | 15.09% | 0.83x | 1.25x | TL1.32 Million |
| 2018 | 28.70% | 25.19% | 0.90x | 1.26x | TL5.06 Million |
| 2019 | 36.06% | 24.87% | 1.11x | 1.31x | TL8.27 Million |
| 2020 | 32.46% | 22.88% | 0.88x | 1.62x | TL7.02 Million |
| 2021 | 49.83% | 35.77% | 0.96x | 1.45x | TL17.78 Million |
| 2022 | 60.52% | 24.51% | 1.46x | 1.69x | TL26.72 Million |
| 2023 | 86.59% | 20.63% | 1.27x | 3.31x | TL54.83 Million |
| 2024 | -0.29% | -0.09% | 1.03x | 3.26x | TL-7.06 Million |
Industry Comparison
This section compares Sodas Sodyum Sanayi AS's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $140,789,458,453,751
- Average return on equity (ROE) among peers: 9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sodas Sodyum Sanayi AS (SODSN) | TL31.73 Million | 4.35% | 0.31x | $3.51 Million |
| Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS (ACSEL) | $5.44 Million | 0.83% | 1.45x | $15.42 Million |
| Petkim Petrokimya Holding AS (PETKM) | $422.37 Trillion | 0.00% | 0.45x | $712.29 Million |
| Tarkim Bitki Koruma Sanayi ve Ticaret A.S. (TARKM) | $99.93 Million | 27.14% | 3.53x | $53.30 Million |