Zorlu Enerji Elektrik Uretim AS
Zorlu Enerji Elektrik Üretim A.S., together with its subsidiaries, engages in the production, generation, transmission, distribution, and trading of electricity and natural gas in Turkey and internationally. It sells and installs solar panels; rents electric vehicles; and sells, installs, and operates power stations, as well as engages in electric vehicle charging activities. The company also eng… Read more
Zorlu Enerji Elektrik Uretim AS (ZOREN) - Net Assets
Latest net assets as of September 2025: TL70.70 Billion TRY
Based on the latest financial reports, Zorlu Enerji Elektrik Uretim AS (ZOREN) has net assets worth TL70.70 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL144.68 Billion) and total liabilities (TL73.98 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 | TL70.70 Billion |
| % of Total Assets | 48.86% |
| Annual Growth Rate | -33.02% |
| 5-Year Change | 2452.98% |
| 10-Year Change | 7691.24% |
| Growth Volatility | 104.1 |
Zorlu Enerji Elektrik Uretim AS - Net Assets Trend (2003–2024)
This chart illustrates how Zorlu Enerji Elektrik Uretim 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 Zorlu Enerji Elektrik Uretim AS (2003–2024)
The table below shows the annual net assets of Zorlu Enerji Elektrik Uretim AS from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL58.65 Billion | +52.44% |
| 2023-12-31 | TL38.47 Billion | +118.48% |
| 2022-12-31 | TL17.61 Billion | +184.84% |
| 2021-12-31 | TL6.18 Billion | +169.10% |
| 2020-12-31 | TL2.30 Billion | +40.11% |
| 2019-12-31 | TL1.64 Billion | -30.80% |
| 2018-12-31 | TL2.37 Billion | +40.84% |
| 2017-12-31 | TL1.68 Billion | +261.95% |
| 2016-12-31 | TL464.74 Million | -38.26% |
| 2015-12-31 | TL752.74 Million | +42.10% |
| 2014-12-31 | TL529.71 Million | -31.29% |
| 2013-12-31 | TL770.92 Million | +33.28% |
| 2012-12-31 | TL578.42 Million | +521.99% |
| 2011-12-31 | TL-137.07 Million | -190.17% |
| 2010-12-31 | TL152.02 Million | -32.02% |
| 2009-12-31 | TL223.62 Million | +229691.38% |
| 2008-12-31 | TL-97.40K | -100.03% |
| 2007-12-31 | TL315.82 Million | +3.96% |
| 2006-12-31 | TL303.79 Million | -9.65% |
| 2005-12-31 | TL336.23 Million | +1.11% |
| 2004-12-31 | TL332.53 Million | -100.00% |
| 2003-12-31 | TL265.13 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zorlu Enerji Elektrik Uretim 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 99.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL49.87 Billion | 85.04% |
| Other Components | TL8.77 Billion | 14.96% |
| Total Equity | TL58.65 Billion | 100.00% |
Zorlu Enerji Elektrik Uretim AS Competitors by Market Cap
The table below lists competitors of Zorlu Enerji Elektrik Uretim AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arjo AB
LSE:0HQ8
|
$367.76 Million |
|
Universal Cement Corp
TW:1104
|
$367.81 Million |
|
Gentrack Group Ltd
AU:GTK
|
$368.12 Million |
|
Asseco South Eastern Europe S.A.
WAR:ASE
|
$368.13 Million |
|
NewRiver REIT plc
PINK:NRWRF
|
$367.70 Million |
|
PC Jeweller Limited
NSE:PCJEWELLER
|
$367.54 Million |
|
Tianjin Lisheng Pharmaceutical Co Ltd
SHE:002393
|
$367.41 Million |
|
Le Travenues Technology Ltd
NSE:IXIGO
|
$367.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zorlu Enerji Elektrik Uretim AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,401,711,000 to 58,647,103,000, a change of 20,245,392,000 (52.7%).
- Net loss of 2,363,844,000 reduced equity.
- Other comprehensive income increased equity by 3,440,667,000.
- Other factors increased equity by 19,168,569,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-2.36 Billion | -4.03% |
| Other Comprehensive Income | TL3.44 Billion | +5.87% |
| Other Changes | TL19.17 Billion | +32.68% |
| Total Change | TL- | 52.72% |
Book Value vs Market Value Analysis
This analysis compares Zorlu Enerji Elektrik Uretim 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: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.88x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | TL0.59 | TL2.90 | x |
| 2006-12-31 | TL0.52 | TL2.90 | x |
| 2007-12-31 | TL0.49 | TL2.90 | x |
| 2008-12-31 | TL-0.15 | TL2.90 | x |
| 2009-12-31 | TL0.61 | TL2.90 | x |
| 2010-12-31 | TL0.19 | TL2.90 | x |
| 2011-12-31 | TL0.00 | TL2.90 | x |
| 2012-12-31 | TL0.49 | TL2.90 | x |
| 2013-12-31 | TL0.66 | TL2.90 | x |
| 2014-12-31 | TL0.45 | TL2.90 | x |
| 2015-12-31 | TL6.08 | TL2.90 | x |
| 2016-12-31 | TL3.43 | TL2.90 | x |
| 2017-12-31 | TL5.19 | TL2.90 | x |
| 2018-12-31 | TL0.68 | TL2.90 | x |
| 2019-12-31 | TL0.48 | TL2.90 | x |
| 2020-12-31 | TL0.68 | TL2.90 | x |
| 2021-12-31 | TL1.76 | TL2.90 | x |
| 2022-12-31 | TL4.29 | TL2.90 | x |
| 2023-12-31 | TL11.52 | TL2.90 | x |
| 2024-12-31 | TL11.73 | TL2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zorlu Enerji Elektrik Uretim 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): -4.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.97%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.03x
- Recent ROE (-4.03%) is below the historical average (-0.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.37% | 5.19% | 0.46x | 1.41x | TL-17.20 Trillion |
| 2004 | 7.44% | 11.07% | 0.38x | 1.77x | TL-8.32 Million |
| 2005 | 1.23% | 1.84% | 0.35x | 1.94x | TL-28.63 Million |
| 2006 | -16.15% | -11.78% | 0.47x | 2.95x | TL-74.72 Million |
| 2007 | -3.85% | -2.20% | 0.42x | 4.21x | TL-37.16 Million |
| 2008 | 0.00% | -49.95% | 0.26x | 0.00x | TL-324.83 Million |
| 2009 | 42.63% | 16.37% | 0.23x | 11.46x | TL68.58 Million |
| 2010 | -51.34% | -17.28% | 0.17x | 17.83x | TL-89.63 Million |
| 2011 | 0.00% | -91.51% | 0.13x | 0.00x | TL-392.82 Million |
| 2012 | 102.25% | 112.18% | 0.11x | 8.65x | TL531.57 Million |
| 2013 | -40.46% | -48.59% | 0.10x | 8.31x | TL-385.59 Million |
| 2014 | -42.31% | -27.79% | 0.16x | 9.36x | TL-277.23 Million |
| 2015 | -35.49% | -46.50% | 0.10x | 7.46x | TL-342.71 Million |
| 2016 | -0.87% | -0.34% | 0.17x | 14.69x | TL-50.62 Million |
| 2017 | 3.08% | 1.34% | 0.34x | 6.70x | TL-116.43 Million |
| 2018 | 1.40% | 0.51% | 0.39x | 6.97x | TL-211.67 Million |
| 2019 | -7.92% | -1.66% | 0.45x | 10.66x | TL-313.90 Million |
| 2020 | 3.02% | 0.86% | 0.40x | 8.75x | TL-170.66 Million |
| 2021 | -1.37% | -0.74% | 0.33x | 5.61x | TL-717.49 Million |
| 2022 | 0.63% | 0.37% | 0.45x | 3.81x | TL-1.66 Billion |
| 2023 | 28.44% | 40.03% | 0.28x | 2.57x | TL7.08 Billion |
| 2024 | -4.03% | -7.97% | 0.25x | 2.03x | TL-8.23 Billion |
Industry Comparison
This section compares Zorlu Enerji Elektrik Uretim AS's net assets metrics with peer companies in the Utilities - Diversified industry.
No peer company data available for comparison.