Sodas Sodyum Sanayi AS (SODSN) - Net Assets
Based on the latest financial reports, Sodas Sodyum Sanayi AS (SODSN) has net assets worth TL31.73 Million TRY (≈ $710.75K USD) 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 ≈ $931.74K USD) and total liabilities (TL9.87 Million ≈ $220.99K 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 strategic asset allocation of Sodas Sodyum Sanayi AS to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see SODSN company net worth.
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. Also explore how fast is Sodas Sodyum Sanayi AS growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL68.59 Million ≈ $1.54 Million |
-4.18% |
| 2023-12-31 | TL71.59 Million ≈ $1.60 Million |
+35.36% |
| 2022-12-31 | TL52.88 Million ≈ $1.18 Million |
+18.50% |
| 2021-12-31 | TL44.63 Million ≈ $999.58K |
+42.88% |
| 2020-12-31 | TL31.24 Million ≈ $699.62K |
-1.57% |
| 2019-12-31 | TL31.73 Million ≈ $710.75K |
+17.20% |
| 2018-12-31 | TL27.08 Million ≈ $606.42K |
+17.39% |
| 2017-12-31 | TL23.07 Million ≈ $516.60K |
+4.50% |
| 2016-12-31 | TL22.07 Million ≈ $494.37K |
+5.77% |
| 2015-12-31 | TL20.87 Million ≈ $467.42K |
+5.03% |
| 2014-12-31 | TL19.87 Million ≈ $445.01K |
-3.40% |
| 2013-12-31 | TL20.57 Million ≈ $460.67K |
+1.92% |
| 2012-12-31 | TL20.18 Million ≈ $451.98K |
-9.44% |
| 2011-12-31 | TL22.28 Million ≈ $499.10K |
+18.55% |
| 2009-12-31 | TL18.80 Million ≈ $421.00K |
-5.67% |
| 2008-12-31 | TL19.93 Million ≈ $446.31K |
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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 |
|---|---|
|
Smiths News PLC
LSE:SNWS
|
$2.03 Million |
|
PowerCompute, Inc.
NASDAQ:PWCM
|
$2.03 Million |
|
AFC Energy plc
LSE:AFC
|
$2.03 Million |
|
Zonetail Inc
V:ZONE
|
$2.03 Million |
|
Rainbow Rare Earths Limited
LSE:RBW
|
$2.03 Million |
|
Celtic PLC
LSE:CCP
|
$2.02 Million |
|
Liontrust Asset Management
LSE:LIO
|
$2.02 Million |
|
Panther Metals Ltd
AU:PNT
|
$2.02 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: 1.32x
- 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 3.92x to 1.32x 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 | TL6.03 | x |
| 2018-12-31 | TL1.81 | TL6.03 | x |
| 2019-12-31 | TL2.12 | TL6.03 | x |
| 2020-12-31 | TL2.08 | TL6.03 | x |
| 2021-12-31 | TL2.98 | TL6.03 | x |
| 2022-12-31 | TL3.53 | TL6.03 | x |
| 2023-12-31 | TL4.77 | TL6.03 | x |
| 2024-12-31 | TL4.57 | TL6.03 | 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: $32,002,244,378
- Average return on equity (ROE) among peers: 3.11%
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 | $2.03 Million |
| Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS (ACSEL) | $41.88 Million | 22.22% | 0.18x | $22.38 Million |
| Petkim Petrokimya Holding AS (PETKM) | $63.96 Billion | -16.00% | 1.37x | $1.19 Billion |
About 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