Viking Kagit ve Seluloz AS
Viking Kagit ve Selüloz A.S. engages in the production, marketing, and sale of semi-finished and finished tissue paper in Turkey. It offers toilet paper, towels, napkins, machine-glazed paper, box tissues, and wet towels under the Premia, Lily, Senso, Select, Pufla, Terra, and Select Nature brand names. The company also exports its products to approximately 22 countries. The company was incorpora… Read more
Viking Kagit ve Seluloz AS (VKING) - Net Assets
Latest net assets as of September 2025: TL24.91 Million TRY
Based on the latest financial reports, Viking Kagit ve Seluloz AS (VKING) has net assets worth TL24.91 Million TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.76 Billion) and total liabilities (TL3.73 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 | TL24.91 Million |
| % of Total Assets | 0.66% |
| Annual Growth Rate | 0.22% |
| 5-Year Change | N/A |
| 10-Year Change | 122.16% |
| Growth Volatility | 2498.99 |
Viking Kagit ve Seluloz AS - Net Assets Trend (2005–2024)
This chart illustrates how Viking Kagit ve Seluloz 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 Viking Kagit ve Seluloz AS (2005–2024)
The table below shows the annual net assets of Viking Kagit ve Seluloz AS from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL36.79 Million | -89.87% |
| 2023-12-31 | TL363.07 Million | +101.65% |
| 2022-12-31 | TL180.05 Million | +689.17% |
| 2021-12-31 | TL22.82 Million | +195.51% |
| 2020-12-31 | TL-23.89 Million | -593.35% |
| 2019-12-31 | TL4.84 Million | -82.50% |
| 2018-12-31 | TL27.67 Million | -22.48% |
| 2017-12-31 | TL35.69 Million | +10867.15% |
| 2016-12-31 | TL325.42K | -98.03% |
| 2015-12-31 | TL16.56 Million | -1.01% |
| 2014-12-31 | TL16.73 Million | +3.03% |
| 2013-12-31 | TL16.23 Million | -25.62% |
| 2012-12-31 | TL21.83 Million | -31.42% |
| 2011-12-31 | TL31.83 Million | +83.39% |
| 2010-12-31 | TL17.36 Million | -34.49% |
| 2009-12-31 | TL26.49 Million | +262.01% |
| 2008-12-31 | TL7.32 Million | -69.48% |
| 2007-12-31 | TL23.98 Million | +1.31% |
| 2006-12-31 | TL23.67 Million | -32.88% |
| 2005-12-31 | TL35.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Viking Kagit ve Seluloz 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 49393.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL866.88 Million | 2356.50% |
| Total Equity | TL36.79 Million | 100.00% |
Viking Kagit ve Seluloz AS Competitors by Market Cap
The table below lists competitors of Viking Kagit ve Seluloz AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KALRAY SA EO 1-
F:3FS
|
$9.84 Million |
|
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS
IS:ETILR
|
$9.84 Million |
|
Cs Holdings
KO:000590
|
$9.85 Million |
|
CSLM Acquisition Corp.
PINK:CSLUF
|
$9.85 Million |
|
KHD Humboldt Wedag International AG
PINK:KHDHF
|
$9.83 Million |
|
Sungchang Autotech Co. Ltd
KQ:080470
|
$9.83 Million |
|
World Health Energy
PINK:WHEN
|
$9.83 Million |
|
CU Tech Corp.
KQ:376290
|
$9.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viking Kagit ve Seluloz AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 363,069,907 to 36,786,712, a change of -326,283,195 (-89.9%).
- Net loss of 485,327,309 reduced equity.
- Other factors increased equity by 159,044,114.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-485.33 Million | -1319.3% |
| Other Changes | TL159.04 Million | +432.34% |
| Total Change | TL- | -89.87% |
Book Value vs Market Value Analysis
This analysis compares Viking Kagit ve Seluloz 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: 30.71x
- 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 31.66x to 30.71x 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 | TL0.85 | TL26.90 | x |
| 2018-12-31 | TL0.66 | TL26.90 | x |
| 2019-12-31 | TL0.12 | TL26.90 | x |
| 2020-12-31 | TL-0.57 | TL26.90 | x |
| 2021-12-31 | TL0.54 | TL26.90 | x |
| 2022-12-31 | TL4.29 | TL26.90 | x |
| 2023-12-31 | TL8.64 | TL26.90 | x |
| 2024-12-31 | TL0.88 | TL26.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viking Kagit ve Seluloz 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): -1319.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -59.94%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 69.72x
- Recent ROE (-1319.30%) is below the historical average (-709.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -44.92% | -5.99% | 0.72x | 10.40x | TL-9.19 Million |
| 2015 | -132.57% | -16.55% | 0.75x | 10.73x | TL-23.61 Million |
| 2016 | -4885.48% | -9.77% | 0.90x | 555.87x | TL-15.93 Million |
| 2017 | -45.45% | -8.78% | 0.78x | 6.60x | TL-19.79 Million |
| 2018 | -69.89% | -8.40% | 0.86x | 9.66x | TL-22.10 Million |
| 2019 | -692.32% | -14.96% | 0.79x | 58.72x | TL-34.01 Million |
| 2020 | 0.00% | -10.59% | 0.80x | 0.00x | TL-24.39 Million |
| 2021 | -518.27% | -34.77% | 0.59x | 25.35x | TL-120.53 Million |
| 2022 | -74.81% | -17.49% | 0.67x | 6.35x | TL-152.71 Million |
| 2023 | -16.24% | -4.41% | 0.57x | 6.49x | TL-95.28 Million |
| 2024 | -1319.30% | -59.94% | 0.32x | 69.72x | TL-489.01 Million |
Industry Comparison
This section compares Viking Kagit ve Seluloz AS's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,039,352,195
- Average return on equity (ROE) among peers: 6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viking Kagit ve Seluloz AS (VKING) | TL24.91 Million | -44.92% | 149.95x | $9.83 Million |
| Ekiz Kimya Sanayi ve Ticaret AS (EKIZ) | $8.04 Million | -12.16% | 3.91x | $18.26 Million |
| Izmir Firca Sanayi ve Ticaret (IZFAS) | $2.22 Million | 0.00% | 2.33x | $150.37 Million |
| Koroplast Temizlik Ambalaj Urunleri San. ve Dis Ticaret A.S. (KRPLS) | $158.94 Million | 3.82% | 1.55x | $10.32 Million |
| LILA KAGIT (LILAK) | $5.02 Billion | 40.91% | 0.98x | $8.63K |
| Sanifoam Sunger Sanayi ve Ticaret AS (SANFM) | $9.14 Million | 0.00% | 1.60x | $13.08 Million |