Tarkim Bitki Koruma Sanayi ve Ticaret A.S.
Tarkim Bitki Koruma Sanayi ve Ticaret A.S. produces, sells, and markets plant protection products. The company was incorporated in 2009 and is based in Manisa, Türkiye.
Tarkim Bitki Koruma Sanayi ve Ticaret A.S. (TARKM) - Net Assets
Latest net assets as of March 2023: TL506.64 Million TRY
Based on the latest financial reports, Tarkim Bitki Koruma Sanayi ve Ticaret A.S. (TARKM) has net assets worth TL506.64 Million TRY as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.15 Billion) and total liabilities (TL638.99 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 | TL506.64 Million |
| % of Total Assets | 44.22% |
| Annual Growth Rate | 191.68% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 165.87 |
Tarkim Bitki Koruma Sanayi ve Ticaret A.S. - Net Assets Trend (2020–2022)
This chart illustrates how Tarkim Bitki Koruma Sanayi ve Ticaret 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 Tarkim Bitki Koruma Sanayi ve Ticaret A.S. (2020–2022)
The table below shows the annual net assets of Tarkim Bitki Koruma Sanayi ve Ticaret A.S. from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | TL500.85 Million | +401.22% |
| 2021-12-31 | TL99.93 Million | +69.49% |
| 2020-12-31 | TL58.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tarkim Bitki Koruma Sanayi ve Ticaret 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 875.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL418.42 Million | 83.54% |
| Other Components | TL82.43 Million | 16.46% |
| Total Equity | TL500.85 Million | 100.00% |
Tarkim Bitki Koruma Sanayi ve Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Tarkim Bitki Koruma Sanayi ve Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Subex Limited
NSE:SUBEXLTD
|
$53.30 Million |
|
Zona Franca de Iquique S.A
SN:ZOFRI
|
$53.32 Million |
|
STILLW.CRIT.MINERAL CORP.
F:J0G
|
$53.33 Million |
|
CTI Traffic Industries Co Ltd
TWO:2230
|
$53.33 Million |
|
Shape Australia Corporation Ltd
AU:SHA
|
$53.29 Million |
|
LABORATORIO REIG J.EO 05
F:FEQ1
|
$53.25 Million |
|
Panoro Minerals Ltd
OTCQB:POROF
|
$53.25 Million |
|
DR.Wu Skincare Co Ltd
TWO:6523
|
$53.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tarkim Bitki Koruma Sanayi ve Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 99,925,252 to 500,845,583, a change of 400,920,331 (401.2%).
- Net income of 350,511,132 contributed positively to equity growth.
- Other factors increased equity by 50,409,199.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL350.51 Million | +69.98% |
| Other Changes | TL50.41 Million | +10.06% |
| Total Change | TL- | 401.22% |
Book Value vs Market Value Analysis
This analysis compares Tarkim Bitki Koruma Sanayi ve Ticaret 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: 15.85x
- 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 134.64x to 15.85x 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 | TL2.81 | TL378.00 | x |
| 2021-12-31 | TL4.76 | TL378.00 | x |
| 2022-12-31 | TL23.85 | TL378.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tarkim Bitki Koruma Sanayi ve Ticaret 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): 69.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.28%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.04x
- Recent ROE (69.98%) is above the historical average (36.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 11.23% | 5.33% | 0.66x | 3.20x | TL726.99K |
| 2021 | 27.14% | 10.77% | 0.56x | 4.53x | TL17.13 Million |
| 2022 | 69.98% | 49.28% | 0.70x | 2.04x | TL300.43 Million |
Industry Comparison
This section compares Tarkim Bitki Koruma Sanayi ve Ticaret A.S.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $140,789,431,872,000
- Average return on equity (ROE) among peers: 1.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tarkim Bitki Koruma Sanayi ve Ticaret A.S. (TARKM) | TL506.64 Million | 11.23% | 1.26x | $53.30 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 |
| Sodas Sodyum Sanayi AS (SODSN) | $20.18 Million | 4.35% | 0.21x | $3.51 Million |