Dogu Aras Enerji Yatirimlari AS

IS:ARASE Turkey Utilities - Independent Power Producers
Market Cap
$735.29 Million
TL26.07 Billion TRY
Market Cap Rank
#16548 Global
#124 in Turkey
Share Price
TL104.30
Change (1 day)
+0.29%
52-Week Range
TL38.50 - TL104.30
All Time High
TL104.30
About

Dogu Aras Enerji Yatirimlari AS, through its subsidiaries, engages in the retail sale and distribution of electricity in Turkey. The company was founded in 2013 and is based in Erzurum, Turkey.

Dogu Aras Enerji Yatirimlari AS (ARASE) - Total Assets

Latest total assets as of June 2024: TL21.39 Billion TRY

Based on the latest financial reports, Dogu Aras Enerji Yatirimlari AS (ARASE) holds total assets worth TL21.39 Billion TRY as of June 2024.

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.

Dogu Aras Enerji Yatirimlari AS - Total Assets Trend (2018–2023)

This chart illustrates how Dogu Aras Enerji Yatirimlari AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Dogu Aras Enerji Yatirimlari AS - Asset Composition Analysis

Current Asset Composition (December 2023)

Dogu Aras Enerji Yatirimlari AS's total assets of TL21.39 Billion consist of 35.9% current assets and 64.2% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 4.8%
Accounts Receivable TL4.81 Billion 29.2%
Inventory TL162.72 Million 1.0%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL1.34 Billion 8.1%
Goodwill TL0.00 0.0%

Asset Composition Trend (2018–2023)

This chart illustrates how Dogu Aras Enerji Yatirimlari AS'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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Dogu Aras Enerji Yatirimlari AS's current assets represent 35.9% of total assets in 2023, an increase from 34.0% in 2018.
  • Cash Position: Cash and equivalents constituted 4.8% of total assets in 2023, up from 2.1% in 2018.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 16.0% in 2018.
  • Asset Diversification: The largest asset category is accounts receivable at 29.2% of total assets.

Dogu Aras Enerji Yatirimlari AS Competitors by Total Assets

Key competitors of Dogu Aras Enerji Yatirimlari AS based on total assets are shown below.

Company Country Total Assets
Guangdong Baolihua New Energy Stock Co LTD
SHE:000690
China CN¥21.94 Billion
CGN Power
SHE:003816
China CN¥447.14 Billion
1414 Degrees Ltd
AU:14D
Australia AU$5.59 Million
Genesis Energy Limited
F:1G6
Germany €6.10 Billion
Henan BCCY Environmental Energy Co. Ltd
SHE:300614
China CN¥2.16 Billion
AHT Syngas Technology NV
F:3SQ1
Germany €11.16 Million
CATES ELEKTRIK
IS:CATES
Turkey TL10.70 Billion
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023
China CN¥159.18 Billion

Dogu Aras Enerji Yatirimlari AS - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 1.12 - 2.45

Strong asset utilization - Dogu Aras Enerji Yatirimlari AS generates 1.42x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 13.63% - 31.73%

Excellent ROA - For every $100 in assets, Dogu Aras Enerji Yatirimlari AS generates $ 31.73 in net profit.

Dogu Aras Enerji Yatirimlari AS - 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 1.61 1.55 1.18
Quick Ratio 1.57 1.38 1.14
Cash Ratio 0.00 0.00 0.00
Working Capital TL2.87 Billion TL 1.23 Billion TL 177.93 Million

Dogu Aras Enerji Yatirimlari AS - Advanced Valuation Insights

This section examines the relationship between Dogu Aras Enerji Yatirimlari AS'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 -
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 157.7%
Total Assets TL16.48 Billion
Market Capitalization $147.06 Million USD

Valuation Analysis

Below Book Valuation: The market values Dogu Aras Enerji Yatirimlari AS's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Dogu Aras Enerji Yatirimlari AS's assets grew by 157.7% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Dogu Aras Enerji Yatirimlari AS (2018–2023)

The table below shows the annual total assets of Dogu Aras Enerji Yatirimlari AS from 2018 to 2023.

Year Total Assets Change
2023-12-31 TL16.48 Billion +157.74%
2022-12-31 TL6.39 Billion +118.56%
2021-12-31 TL2.93 Billion +31.57%
2020-12-31 TL2.22 Billion +23.18%
2019-12-31 TL1.81 Billion +32.06%
2018-12-31 TL1.37 Billion --