Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) - Total Assets
Based on the latest financial reports, Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) holds total assets worth TL11.80 Billion TRY (≈ $264.36 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Total Assets Trend (2020–2024)
This chart illustrates how Alfas Solar Enerji Sanayi ve Ticaret A.S.'s total assets have evolved over time, based on quarterly financial data. Also see market value of Alfas Solar Enerji Sanayi ve Ticaret A.S for the company's overall valuation and market capitalisation.
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Asset Composition Analysis
Current Asset Composition (December 2024)
Alfas Solar Enerji Sanayi ve Ticaret A.S.'s total assets of TL11.80 Billion consist of 52.9% current assets and 47.1% non-current assets. Review ALFAS total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 12.4% |
| Accounts Receivable | TL712.20 Million | 9.8% |
| Inventory | TL1.26 Billion | 17.4% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL93.60 Million | 1.3% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Alfas Solar Enerji Sanayi ve Ticaret A.S.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Alfas Solar Enerji Sanayi ve Ticaret A.S (ALFAS) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Alfas Solar Enerji Sanayi ve Ticaret A.S.'s current assets represent 52.9% of total assets in 2024, a decrease from 92.9% in 2020.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 2024, down from 18.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 17.4% of total assets.
Alfas Solar Enerji Sanayi ve Ticaret A.S. Competitors by Total Assets
Key competitors of Alfas Solar Enerji Sanayi ve Ticaret A.S. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tigi Ltd
TA:TIGI
|
Israel | ILA19.65 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$4.74 Million |
|
Solar Alliance Energy Inc
V:SOLR
|
Canada | CA$866.77K |
|
Aurora Solar Technologies Inc
V:ACU
|
Canada | CA$6.24 Million |
|
Tongwei Co Ltd
SHG:600438
|
China | CN¥179.68 Billion |
|
Trina Solar Co Ltd
SHG:688599
|
China | CN¥116.15 Billion |
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.12 | 1.44 | 1.58 |
| Quick Ratio | 0.81 | 0.70 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL552.72 Million | TL1.21 Billion | TL1.22 Billion |
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Advanced Valuation Insights
This section examines the relationship between Alfas Solar Enerji Sanayi ve Ticaret A.S.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.02 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | TL7.24 Billion |
| Market Capitalization | $279.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Alfas Solar Enerji Sanayi ve Ticaret A.S.'s assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Alfas Solar Enerji Sanayi ve Ticaret A.S.'s assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Alfas Solar Enerji Sanayi ve Ticaret A.S. (2020–2024)
The table below shows the annual total assets of Alfas Solar Enerji Sanayi ve Ticaret A.S. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL7.24 Billion ≈ $162.21 Million |
-1.16% |
| 2023-12-31 | TL7.33 Billion ≈ $164.11 Million |
+114.23% |
| 2022-12-31 | TL3.42 Billion ≈ $76.60 Million |
+676.26% |
| 2021-12-31 | TL440.61 Million ≈ $9.87 Million |
+142.70% |
| 2020-12-31 | TL181.54 Million ≈ $4.07 Million |
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About Alfas Solar Enerji Sanayi ve Ticaret A.S.
Alfa Solar Enerji Sanayi ve Ticaret A.S. engages in the manufacture and sale of solar panels. The company was incorporated in 2011 and is headquartered in Ankara, Turkey. Alfa Solar Enerji Sanayi ve Ticaret A.S. operates as a subsidiary of Alfa Kazan Enerji ve Çevre Yatirimlari A.S.