Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. plans and organizes events and meetings under the Flap Tour brand name for the tourism industry. It organizes product launch meetings, education meetings, dealers' meetings, and corporate opening organizations. The company is also involved in organizing press meetings and bulletins; and the preparation of the printed materials for presentati… Read more
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (FLAP) - Total Assets
Latest total assets as of September 2025: TL1.12 Billion TRY
Based on the latest financial reports, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (FLAP) holds total assets worth TL1.12 Billion TRY 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.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS - Total Assets Trend (2009–2024)
This chart illustrates how Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's total assets of TL1.12 Billion consist of 19.8% current assets and 80.2% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 2.4% |
| Accounts Receivable | TL40.57 Million | 5.0% |
| Inventory | TL38.34 Million | 4.7% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL0.00 | 0.0% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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: Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current assets represent 19.8% of total assets in 2024, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, up from 0.5% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 5.0% of total assets.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Competitors by Total Assets
Key competitors of Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
|
Sejoong Co. Ltd
KQ:039310
|
Korea | ₩117.45 Billion |
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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
Moderate asset utilization - Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS is currently not profitable relative to its asset base.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 | 1.81 | 1.91 | 1.57 |
| Quick Ratio | 1.34 | 1.58 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL120.99 Million | TL 83.98 Million | TL 5.78 Million |
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS - Advanced Valuation Insights
This section examines the relationship between Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 | 0.89 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -11.7% |
| Total Assets | TL818.51 Million |
| Market Capitalization | $22.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's assets decreased by 11.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (2009–2024)
The table below shows the annual total assets of Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL818.51 Million | -11.69% |
| 2023-12-31 | TL926.90 Million | +240.75% |
| 2022-12-31 | TL272.02 Million | +43.90% |
| 2021-12-31 | TL189.03 Million | +106.48% |
| 2020-12-31 | TL91.55 Million | -12.05% |
| 2019-12-31 | TL104.09 Million | +10.80% |
| 2018-12-31 | TL93.95 Million | -38.25% |
| 2017-12-31 | TL152.15 Million | +19.66% |
| 2016-12-31 | TL127.16 Million | +15.56% |
| 2015-12-31 | TL110.03 Million | +112.71% |
| 2014-12-31 | TL51.73 Million | +1.36% |
| 2013-12-31 | TL51.04 Million | +4.23% |
| 2012-12-31 | TL48.97 Million | +40.52% |
| 2011-12-31 | TL34.85 Million | -10.10% |
| 2010-12-31 | TL38.76 Million | -13.42% |
| 2009-12-31 | TL44.77 Million | -- |