D-MARKET Electronic Services & Trading ADR (HEPS) - Net Assets
Based on the latest financial reports, D-MARKET Electronic Services & Trading ADR (HEPS) has net assets worth $862.22 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.79 Billion) and total liabilities ($31.93 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. Check D-MARKET Electronic Services & Trading A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $862.22 Million |
| % of Total Assets | 2.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 33.88 |
D-MARKET Electronic Services & Trading ADR - Net Assets Trend (2018–2024)
This chart illustrates how D-MARKET Electronic Services & Trading ADR's net assets have evolved over time, based on quarterly financial data. Also explore D-MARKET Electronic Services & Trading A asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for D-MARKET Electronic Services & Trading ADR (2018–2024)
The table below shows the annual net assets of D-MARKET Electronic Services & Trading ADR from 2018 to 2024. For live valuation and market cap data, see HEPS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.32 Billion | -30.35% |
| 2023-12-31 | $4.77 Billion | +41.68% |
| 2022-12-31 | $3.37 Billion | -30.05% |
| 2021-12-31 | $4.81 Billion | +711.18% |
| 2020-12-31 | $-787.33 Million | -153.30% |
| 2019-12-31 | $-310.83 Million | +13.18% |
| 2018-12-31 | $-358.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to D-MARKET Electronic Services & Trading ADR'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 1874099611700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $719.96 Million | 21.68% |
| Other Comprehensive Income | $1.10 Billion | 33.14% |
| Other Components | $20.67 Billion | 622.18% |
| Total Equity | $3.32 Billion | 100.00% |
D-MARKET Electronic Services & Trading ADR Competitors by Market Cap
The table below lists competitors of D-MARKET Electronic Services & Trading ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cicor Technologies Ltd
SW:CICN
|
$756.65 Million |
|
Talon Metals Corp
TO:TLO
|
$756.96 Million |
|
Konka Group Co Ltd
SHE:000016
|
$756.97 Million |
|
NEW HORIZ.HEAL. DL-00005
F:6YZ
|
$757.17 Million |
|
Garudafood Putra Putri Jaya Tbk PT
JK:GOOD
|
$756.31 Million |
|
AGRANA Beteiligungs-Aktiengesellschaft
VI:AGR
|
$756.12 Million |
|
Ronglian Group Ltd
SHE:002642
|
$756.09 Million |
|
Sweetgreen Inc
NYSE:SG
|
$756.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D-MARKET Electronic Services & Trading ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,768,513,000 to 3,321,480,000, a change of -1,447,033,000 (-30.3%).
- Net loss of 1,604,907,000 reduced equity.
- Other comprehensive income increased equity by 179,945,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.60 Billion | -48.32% |
| Other Comprehensive Income | $179.94 Million | +5.42% |
| Other Changes | $-22.07 Million | -0.66% |
| Total Change | $- | -30.35% |
Book Value vs Market Value Analysis
This analysis compares D-MARKET Electronic Services & Trading ADR'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: 0.27x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-1.10 | $2.80 | x |
| 2019-12-31 | $-0.95 | $2.80 | x |
| 2020-12-31 | $-2.42 | $2.80 | x |
| 2021-12-31 | $15.79 | $2.80 | x |
| 2022-12-31 | $10.32 | $2.80 | x |
| 2023-12-31 | $14.68 | $2.80 | x |
| 2024-12-31 | $10.35 | $2.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D-MARKET Electronic Services & Trading ADR 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): -48.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.81%
- • Asset Turnover: 2.18x
- • Equity Multiplier: 7.87x
- Recent ROE (-48.32%) is below the historical average (-45.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -8.25% | 3.05x | 0.00x | $-125.52 Million |
| 2019 | 0.00% | -5.06% | 2.72x | 0.00x | $-100.56 Million |
| 2020 | 0.00% | -6.17% | 7.72x | 0.00x | $-857.85 Million |
| 2021 | -69.20% | -13.43% | 1.85x | 2.78x | $-3.81 Billion |
| 2022 | -205.50% | -18.09% | 2.30x | 4.93x | $-7.25 Billion |
| 2023 | 1.58% | 0.21% | 1.40x | 5.32x | $-401.32 Million |
| 2024 | -48.32% | -2.81% | 2.18x | 7.87x | $-1.94 Billion |
Industry Comparison
This section compares D-MARKET Electronic Services & Trading ADR's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $7,541,565,044
- Average return on equity (ROE) among peers: 6.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| D-MARKET Electronic Services & Trading ADR (HEPS) | $862.22 Million | 0.00% | 37.03x | $756.32 Million |
| Winamp Group SA (ALPET) | $3.19 Million | -19.36% | 0.11x | $13.13 Million |
| Amazon.com Inc (AMZN) | $62.06 Billion | 18.67% | 2.63x | $2.51 Trillion |
| Beyond, Inc. (BYON) | $54.91 Million | -21.03% | 0.78x | $541.91 Million |
| Baozun Inc (BZUN) | $5.78 Billion | -3.20% | 0.77x | $138.03 Million |
| Maplebear Inc. (CART) | $50.26 Million | 5.87% | 8.45x | $10.15 Billion |
| Chewy Inc (CHWY) | $-403.97 Million | 0.00% | 0.00x | $6.09 Billion |
| Coupang LLC (CPNG) | $4.10 Billion | 3.75% | 2.74x | $33.89 Billion |
| Dada Nexus Ltd (DADA) | $-7.19 Billion | 0.00% | 0.00x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $1.18 Billion | -56.43% | 0.47x | $69.45 Billion |
| eBay Inc (EBAY) | $9.78 Billion | 139.17% | 1.72x | $39.55 Billion |
About D-MARKET Electronic Services & Trading ADR
D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc. It also operates Hepsiburada Market, an app-in-app initiative and on-demand delivery service; HepsiJet that provides … Read more