Türkiye Sinai Kalkinma Bankasi A.S
Türkiye Sinai Kalkinma Bankasi A.S. operates as a development and investment bank in Turkey. The company offers corporate loans for renewable energy, industrial investments, energy and resource efficiency, women's employment and equal opportunity, environmental investments, investments in developing regions, research and development and innovation, occupational health and safety, education and he… Read more
Türkiye Sinai Kalkinma Bankasi A.S (TRKYY) - Net Assets
Latest net assets as of June 2025: $40.22 Billion USD
Based on the latest financial reports, Türkiye Sinai Kalkinma Bankasi A.S (TRKYY) has net assets worth $40.22 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($291.48 Billion) and total liabilities ($251.26 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 | $40.22 Billion |
| % of Total Assets | 13.8% |
| Annual Growth Rate | 31.68% |
| 5-Year Change | 440.76% |
| 10-Year Change | N/A |
| Growth Volatility | 25.64 |
Türkiye Sinai Kalkinma Bankasi A.S - Net Assets Trend (2015–2024)
This chart illustrates how Türkiye Sinai Kalkinma Bankasi 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 Türkiye Sinai Kalkinma Bankasi A.S (2015–2024)
The table below shows the annual net assets of Türkiye Sinai Kalkinma Bankasi A.S from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.15 Billion | +51.90% |
| 2023-12-31 | $21.83 Billion | +67.98% |
| 2022-12-31 | $12.99 Billion | +85.03% |
| 2021-12-31 | $7.02 Billion | +14.53% |
| 2020-12-31 | $6.13 Billion | +18.38% |
| 2019-12-31 | $5.18 Billion | +20.91% |
| 2018-12-31 | $4.28 Billion | +15.42% |
| 2017-12-31 | $3.71 Billion | +18.08% |
| 2016-12-31 | $3.14 Billion | +12.91% |
| 2015-12-31 | $2.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Türkiye Sinai Kalkinma Bankasi 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 1145.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.23 Billion | 31.40% |
| Other Components | $22.35 Billion | 68.60% |
| Total Equity | $32.58 Billion | 100.00% |
Türkiye Sinai Kalkinma Bankasi A.S Competitors by Market Cap
The table below lists competitors of Türkiye Sinai Kalkinma Bankasi A.S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Societe de la Tour Eiffel SA
PA:EIFF
|
$504.02 Million |
|
Juewei Food Co Ltd
SHG:603517
|
$504.12 Million |
|
Chongqing Baiya Sanitary Products Co
SHE:003006
|
$504.23 Million |
|
EGing Photovoltaic Technology Co Ltd
SHG:600537
|
$504.28 Million |
|
Zero One Technology Co Ltd
TW:3029
|
$503.94 Million |
|
Sagicor Financial Company Ltd
PINK:SGCFF
|
$503.92 Million |
|
Atlantic China Welding Consumables Inc
SHG:600558
|
$503.90 Million |
|
Wuhan Huazhong Numerical Control Co Ltd
SHE:300161
|
$503.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Türkiye Sinai Kalkinma Bankasi A.S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,421,350,000 to 32,575,464,000, a change of 11,154,114,000 (52.1%).
- Net income of 10,221,982,000 contributed positively to equity growth.
- Dividend payments of 844,000 reduced retained earnings.
- Other factors increased equity by 932,976,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.22 Billion | +31.38% |
| Dividends Paid | $844.00K | -0.0% |
| Other Changes | $932.98 Million | +2.86% |
| Total Change | $- | 52.07% |
Book Value vs Market Value Analysis
This analysis compares Türkiye Sinai Kalkinma Bankasi 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: 0.15x
- 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 1.19x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $1.52 | $1.80 | x |
| 2019-12-31 | $1.84 | $1.80 | x |
| 2020-12-31 | $2.17 | $1.80 | x |
| 2021-12-31 | $2.48 | $1.80 | x |
| 2022-12-31 | $4.56 | $1.80 | x |
| 2023-12-31 | $7.65 | $1.80 | x |
| 2024-12-31 | $11.63 | $1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Türkiye Sinai Kalkinma Bankasi 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): 31.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 62.92%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 7.29x
- Recent ROE (31.38%) is above the historical average (19.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 14.98% | 67.44% | 0.03x | 7.86x | $135.40 Million |
| 2016 | 14.37% | 64.86% | 0.03x | 8.06x | $134.92 Million |
| 2017 | 16.71% | 60.16% | 0.03x | 8.18x | $245.31 Million |
| 2018 | 15.80% | 45.73% | 0.04x | 9.02x | $246.27 Million |
| 2019 | 14.21% | 46.82% | 0.04x | 8.22x | $216.41 Million |
| 2020 | 11.72% | 33.07% | 0.04x | 8.63x | $104.63 Million |
| 2021 | 15.59% | 30.49% | 0.04x | 12.42x | $387.84 Million |
| 2022 | 31.16% | 46.13% | 0.07x | 9.21x | $2.70 Billion |
| 2023 | 32.51% | 49.65% | 0.08x | 8.45x | $4.82 Billion |
| 2024 | 31.38% | 62.92% | 0.07x | 7.29x | $6.96 Billion |
Industry Comparison
This section compares Türkiye Sinai Kalkinma Bankasi A.S's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Türkiye Sinai Kalkinma Bankasi A.S (TRKYY) | $40.22 Billion | 14.98% | 6.25x | $504.00 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |