Akin Tekstil AS
Akin Tekstil Anonim Sirketi manufactures and sells fabric, yarn, and apparel products in Turkey and internationally. The company offers cotton and blend, wool, real indigo, corduroy, linen, garment dye, and yarn dyed fabrics; men's and women's trousers and bermudas; and women's shirts, dresses, skirts, blouses, and other products. It exports its products. Akin Tekstil Anonim Sirketi was founded i… Read more
Akin Tekstil AS (ATEKS) - Total Assets
Latest total assets as of December 2024: TL4.99 Billion TRY
Based on the latest financial reports, Akin Tekstil AS (ATEKS) holds total assets worth TL4.99 Billion TRY as of December 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.
Akin Tekstil AS - Total Assets Trend (2005–2024)
This chart illustrates how Akin Tekstil AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Akin Tekstil AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Akin Tekstil AS's total assets of TL4.99 Billion consist of 17.8% current assets and 82.2% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 1.0% |
| Accounts Receivable | TL357.44 Million | 7.2% |
| Inventory | TL436.76 Million | 8.8% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL461.28K | 0.0% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Akin Tekstil 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: Akin Tekstil AS's current assets represent 17.8% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 1.8% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 8.8% of total assets.
Akin Tekstil AS Competitors by Total Assets
Key competitors of Akin Tekstil AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Akin Tekstil 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
Lower asset utilization - Akin Tekstil AS generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Akin Tekstil AS is currently not profitable relative to its asset base.
Akin Tekstil 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 | 0.94 | 0.98 | 1.19 |
| Quick Ratio | 0.48 | 0.51 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-56.28 Million | TL -24.32 Million | TL 33.40 Million |
Akin Tekstil AS - Advanced Valuation Insights
This section examines the relationship between Akin Tekstil 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 | 0.65 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | TL4.99 Billion |
| Market Capitalization | $10.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Akin Tekstil AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Akin Tekstil AS's assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Akin Tekstil AS (2005–2024)
The table below shows the annual total assets of Akin Tekstil AS from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL4.99 Billion | -7.65% |
| 2023-12-31 | TL5.40 Billion | +137.61% |
| 2022-12-31 | TL2.27 Billion | +87.40% |
| 2021-12-31 | TL1.21 Billion | +56.07% |
| 2020-12-31 | TL777.20 Million | +6.14% |
| 2019-12-31 | TL732.22 Million | +11.43% |
| 2018-12-31 | TL657.11 Million | +16.19% |
| 2017-12-31 | TL565.55 Million | +20.63% |
| 2016-12-31 | TL468.81 Million | +11.32% |
| 2015-12-31 | TL421.12 Million | +25.40% |
| 2014-12-31 | TL335.82 Million | +39.09% |
| 2013-12-31 | TL241.44 Million | -5.12% |
| 2012-12-31 | TL254.47 Million | +2.37% |
| 2011-12-31 | TL248.58 Million | +2.64% |
| 2010-12-31 | TL242.19 Million | +52.61% |
| 2009-12-31 | TL158.70 Million | -11.03% |
| 2008-12-31 | TL178.38 Million | -11.70% |
| 2006-12-31 | TL202.02 Million | -4.86% |
| 2005-12-31 | TL212.34 Million | -- |