Viking Kagit ve Seluloz AS (VKING) - Net Assets

Latest as of September 2025: TL24.91 Million TRY ≈ $557.82K USD

Based on the latest financial reports, Viking Kagit ve Seluloz AS (VKING) has net assets worth TL24.91 Million TRY (≈ $557.82K USD) 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 ≈ $84.20 Million USD) and total liabilities (TL3.73 Billion ≈ $83.64 Million 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 VKING asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Viking Kagit ve Seluloz AS for the complete picture of this company's asset base.

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. For live valuation and market cap data, see VKING market cap overview.

Year Net Assets Change
2024-12-31 TL36.79 Million
≈ $823.93K		 -89.87%
2023-12-31 TL363.07 Million
≈ $8.13 Million		 +101.65%
2022-12-31 TL180.05 Million
≈ $4.03 Million		 +689.17%
2021-12-31 TL22.82 Million
≈ $511.01K		 +195.51%
2020-12-31 TL-23.89 Million
≈ $-535.05K		 -593.35%
2019-12-31 TL4.84 Million
≈ $108.45K		 -82.50%
2018-12-31 TL27.67 Million
≈ $619.64K		 -22.48%
2017-12-31 TL35.69 Million
≈ $799.36K		 +10867.15%
2016-12-31 TL325.42K
≈ $7.29K		 -98.03%
2015-12-31 TL16.56 Million
≈ $370.86K		 -1.01%
2014-12-31 TL16.73 Million
≈ $374.64K		 +3.03%
2013-12-31 TL16.23 Million
≈ $363.62K		 -25.62%
2012-12-31 TL21.83 Million
≈ $488.89K		 -31.42%
2011-12-31 TL31.83 Million
≈ $712.84K		 +83.39%
2010-12-31 TL17.36 Million
≈ $388.71K		 -34.49%
2009-12-31 TL26.49 Million
≈ $593.35K		 +262.01%
2008-12-31 TL7.32 Million
≈ $163.90K		 -69.48%
2007-12-31 TL23.98 Million
≈ $537.07K		 +1.31%
2006-12-31 TL23.67 Million
≈ $530.10K		 -32.88%
2005-12-31 TL35.26 Million
≈ $789.80K		 --

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
SPARK VC S.A. ZY 10
F:8N2
 $25.98 Million
Newretail Co Ltd
TWO:3085
 $25.99 Million
Bartronics India Limited
NSE:ASMS
 $25.99 Million
Plaza Wires Limited
NSE:PLAZACABLE
 $26.00 Million
Bayfirst Financial Corp
NASDAQ:BAFN
 $25.98 Million
Ridgetech, Inc.
NASDAQ:RDGT
 $25.97 Million
Arrive AI Inc.
NASDAQ:ARAI
 $25.96 Million
LM Pay Spolka Akcyjna
F:Y00
 $25.95 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: 31.53x
  • 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 32.50x to 31.53x 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 TL27.62 x
2018-12-31 TL0.66 TL27.62 x
2019-12-31 TL0.12 TL27.62 x
2020-12-31 TL-0.57 TL27.62 x
2021-12-31 TL0.54 TL27.62 x
2022-12-31 TL4.29 TL27.62 x
2023-12-31 TL8.64 TL27.62 x
2024-12-31 TL0.88 TL27.62 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: $230,144,365
  • Average return on equity (ROE) among peers: -12.81%

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 $25.98 Million
Ekiz Kimya Sanayi ve Ticaret AS (EKIZ) $19.72 Million 0.00% 1.16x $19.70 Million
Izmir Firca Sanayi ve Ticaret (IZFAS) $18.11 Million 4.73% 0.38x $240.30 Million
Koroplast Temizlik Ambalaj Urunleri San. ve Dis Ticaret A.S. (KRPLS) $868.76 Million -20.07% 0.83x $36.52 Million
Sanifoam Sunger Sanayi ve Ticaret AS (SANFM) $13.99 Million -35.90% 2.67x $63.66 Million

About Viking Kagit ve Seluloz AS

IS:VKING Turkey Household & Personal Products
Market Cap
$25.98 Million
TL1.16 Billion TRY
Market Cap Rank
#24188 Global
#435 in Turkey
Share Price
TL27.62
Change (1 day)
+3.14%
52-Week Range
TL23.16 - TL46.20
All Time High
TL63.70
Categories
Companies in Turkey Household & Personal Products
About

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