Karsan Otomotiv Sanayii ve Ticaret A.S
Karsan Otomotiv Sanayii ve Ticaret A.S. engages in the production and sale of automotives and related vehicles, and spare parts in Turkey and internationally. The company provides passenger cars, trucks, minibuses, buses, hydrogen buses, and electric and diesel busses. It also offers after-sales, marketing, and financial leasing services. The company sells its products under the JEST, ATAK, and S… Read more
Karsan Otomotiv Sanayii ve Ticaret A.S (KRSOF) - Net Assets
Latest net assets as of September 2025: $6.11 Billion USD
Based on the latest financial reports, Karsan Otomotiv Sanayii ve Ticaret A.S (KRSOF) has net assets worth $6.11 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.09 Billion) and total liabilities ($13.98 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 | $6.11 Billion |
| % of Total Assets | 30.4% |
| Annual Growth Rate | 42.65% |
| 5-Year Change | 658.93% |
| 10-Year Change | N/A |
| Growth Volatility | 49.57 |
Karsan Otomotiv Sanayii ve Ticaret A.S - Net Assets Trend (2016–2024)
This chart illustrates how Karsan Otomotiv Sanayii ve Ticaret 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 Karsan Otomotiv Sanayii ve Ticaret A.S (2016–2024)
The table below shows the annual net assets of Karsan Otomotiv Sanayii ve Ticaret A.S from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.49 Billion | +157.87% |
| 2023-12-31 | $2.13 Billion | +24.87% |
| 2022-12-31 | $1.71 Billion | +78.70% |
| 2021-12-31 | $954.16 Million | +31.89% |
| 2020-12-31 | $723.43 Million | +24.71% |
| 2019-12-31 | $580.08 Million | +77.09% |
| 2018-12-31 | $327.56 Million | -7.73% |
| 2017-12-31 | $355.00 Million | +10.84% |
| 2016-12-31 | $320.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Karsan Otomotiv Sanayii ve Ticaret 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 decreased by 590137362600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $900.00 Million | 16.39% |
| Other Components | $10.93 Billion | 199.10% |
| Total Equity | $5.49 Billion | 100.00% |
Karsan Otomotiv Sanayii ve Ticaret A.S Competitors by Market Cap
The table below lists competitors of Karsan Otomotiv Sanayii ve Ticaret A.S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Proficient Auto Logistics, Inc. Common Stock
NASDAQ:PAL
|
$152.11 Million |
|
Grupo Rotoplas SAB de CV
MX:AGUA
|
$152.13 Million |
|
Ascom Holding AG
OTCGREY:ACMLF
|
$152.13 Million |
|
Valor Estate Limited
NSE:DBREALTY
|
$152.15 Million |
|
Ningbo GQY Video Telecom
SHE:300076
|
$152.05 Million |
|
Auna S.A.
NYSE:AUNA
|
$152.05 Million |
|
TangYuan Electric
SHE:300789
|
$151.94 Million |
|
Starz Entertainment LLC
NASDAQ:STRZ
|
$151.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karsan Otomotiv Sanayii ve Ticaret A.S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,183,147,000 to 5,490,273,000, a change of 307,126,000 (5.9%).
- Net income of 55,484,000 contributed positively to equity growth.
- Other factors increased equity by 251,642,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $55.48 Million | +1.01% |
| Other Changes | $251.64 Million | +4.58% |
| Total Change | $- | 5.93% |
Book Value vs Market Value Analysis
This analysis compares Karsan Otomotiv Sanayii ve Ticaret 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: 0.08x
- 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 0.90x to 0.08x 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 | $0.55 | $0.49 | x |
| 2018-12-31 | $0.51 | $0.49 | x |
| 2019-12-31 | $0.65 | $0.49 | x |
| 2020-12-31 | $0.81 | $0.49 | x |
| 2021-12-31 | $1.06 | $0.49 | x |
| 2022-12-31 | $1.86 | $0.49 | x |
| 2023-12-31 | $5.76 | $0.49 | x |
| 2024-12-31 | $6.10 | $0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karsan Otomotiv Sanayii ve Ticaret 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): 1.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.51%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.75x
- Recent ROE (1.01%) is below the historical average (1.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -21.51% | -7.85% | 0.59x | 4.65x | $-108.66 Million |
| 2017 | 1.95% | 0.60% | 0.63x | 5.14x | $-28.59 Million |
| 2018 | -7.14% | -1.39% | 0.71x | 7.20x | $-56.14 Million |
| 2019 | 2.88% | 0.96% | 0.75x | 3.98x | $-41.69 Million |
| 2020 | 2.77% | 1.26% | 0.59x | 3.70x | $-52.67 Million |
| 2021 | 9.99% | 4.71% | 0.56x | 3.78x | $-77.57K |
| 2022 | 7.10% | 4.19% | 0.48x | 3.56x | $-48.65 Million |
| 2023 | 12.28% | 5.94% | 0.84x | 2.46x | $118.26 Million |
| 2024 | 1.01% | 0.51% | 0.72x | 2.75x | $-493.54 Million |
Industry Comparison
This section compares Karsan Otomotiv Sanayii ve Ticaret A.S's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karsan Otomotiv Sanayii ve Ticaret A.S (KRSOF) | $6.11 Billion | -21.51% | 2.29x | $152.07 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |