Fonet Bilgi Teknolojileri AS

IS:FONET Turkey Health Information Services
Market Cap
$59.34 Million
TL2.10 Billion TRY
Market Cap Rank
#19738 Global
#200 in Turkey
Share Price
TL4.70
Change (1 day)
-1.47%
52-Week Range
TL2.68 - TL20.98
All Time High
TL53.30
About

Fonet Bilgi Teknolojileri A.S. provides information technology services in the healthcare sector in Turkey and internationally. The company offers health informatics, digital health transformation, solutions social security, and family and social aid solutions such as healthcare software modules, including consultation management, appointment management, patient record/admission management, emerg… Read more

Fonet Bilgi Teknolojileri AS (FONET) - Total Assets

Latest total assets as of September 2025: TL1.95 Billion TRY

Based on the latest financial reports, Fonet Bilgi Teknolojileri AS (FONET) holds total assets worth TL1.95 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.

Fonet Bilgi Teknolojileri AS - Total Assets Trend (2018–2024)

This chart illustrates how Fonet Bilgi Teknolojileri AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Fonet Bilgi Teknolojileri AS - Asset Composition Analysis

Current Asset Composition (December 2024)

Fonet Bilgi Teknolojileri AS's total assets of TL1.95 Billion consist of 6.9% current assets and 93.1% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 2.6%
Accounts Receivable TL43.70 Million 3.6%
Inventory TL0.00 0.0%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL944.35 Million 78.3%
Goodwill TL0.00 0.0%

Asset Composition Trend (2018–2024)

This chart illustrates how Fonet Bilgi Teknolojileri 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: Fonet Bilgi Teknolojileri AS's current assets represent 6.9% of total assets in 2024, a decrease from 21.5% in 2018.
  • Cash Position: Cash and equivalents constituted 2.6% of total assets in 2024, down from 8.4% in 2018.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 78.0% of total assets, an increase from 67.0% in 2018.
  • Asset Diversification: The largest asset category is intangible assets at 78.3% of total assets.

Fonet Bilgi Teknolojileri AS Competitors by Total Assets

Key competitors of Fonet Bilgi Teknolojileri AS based on total assets are shown below.

Company Country Total Assets
UCrest Bhd
KLSE:0005
Malaysia RM48.46 Million
Vanfund Urban Investment & Development Co Ltd
SHE:000638
China CN¥265.74 Million
BIT Computer Co. Ltd
KQ:032850
Korea ₩82.38 Billion
ezCaretech Co. LTD
KQ:099750
Korea ₩56.71 Billion
SyntekaBio Inc
KQ:226330
Korea ₩33.49 Billion
Carelabs Co.Ltd
KQ:263700
Korea ₩105.15 Billion
Shanghai Kingstar Winning Software
SHE:300253
China CN¥8.35 Billion
Longmaster Information Tech
SHE:300288
China CN¥1.33 Billion

Fonet Bilgi Teknolojileri 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: 0.34 - 0.62

Lower asset utilization - Fonet Bilgi Teknolojileri AS generates 0.40x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 12.45% - 25.51%

Excellent ROA - For every $100 in assets, Fonet Bilgi Teknolojileri AS generates $ 12.45 in net profit.

Fonet Bilgi Teknolojileri 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 2.01 1.69 3.08
Quick Ratio 1.53 1.69 3.01
Cash Ratio 0.00 0.00 0.00
Working Capital TL85.99 Million TL 44.63 Million TL 31.42 Million

Fonet Bilgi Teknolojileri AS - Advanced Valuation Insights

This section examines the relationship between Fonet Bilgi Teknolojileri 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 1.75
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 14.0%
Total Assets TL1.21 Billion
Market Capitalization $69.59 Million USD

Valuation Analysis

Below Book Valuation: The market values Fonet Bilgi Teknolojileri AS's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Fonet Bilgi Teknolojileri AS's assets grew by 14.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Fonet Bilgi Teknolojileri AS (2018–2024)

The table below shows the annual total assets of Fonet Bilgi Teknolojileri AS from 2018 to 2024.

Year Total Assets Change
2024-12-31 TL1.21 Billion +13.99%
2023-12-31 TL1.06 Billion +272.50%
2022-12-31 TL284.16 Million +48.85%
2021-12-31 TL190.91 Million +75.58%
2020-12-31 TL108.73 Million +37.08%
2019-12-31 TL79.32 Million +8.82%
2018-12-31 TL72.89 Million --