Ihlas Holding AS
Ihlas Holding A.S., through its subsidiaries, engages in the construction and real estate, media, manufacturing and trading, and healthcare and education businesses in Turkey and internationally. It operates through the Construction, Media, and Media segments. The Construction segment is involved in real estate trading; construction projects; installation and contracting works; tourism and health… Read more
Ihlas Holding AS (IHLAS) - Total Assets
Latest total assets as of September 2025: TL31.51 Billion TRY
Based on the latest financial reports, Ihlas Holding AS (IHLAS) holds total assets worth TL31.51 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.
Ihlas Holding AS - Total Assets Trend (2000–2024)
This chart illustrates how Ihlas Holding AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ihlas Holding AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Ihlas Holding AS's total assets of TL31.51 Billion consist of 58.5% current assets and 41.5% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 1.9% |
| Accounts Receivable | TL2.54 Billion | 10.9% |
| Inventory | TL8.83 Billion | 37.8% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL145.50 Million | 0.6% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Ihlas Holding 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: Ihlas Holding AS's current assets represent 58.5% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, down from 7.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 37.8% of total assets.
Ihlas Holding AS Competitors by Total Assets
Key competitors of Ihlas Holding AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Baoan Group Co Ltd
SHE:000009
|
China | CN¥56.58 Billion |
|
Doosan
KO:000150
|
Korea | ₩32.36 Trillion |
|
Doosan Pref Shs
KO:000155
|
Korea | ₩32.36 Trillion |
|
Doosan Co Ltd
KO:000157
|
Korea | ₩32.36 Trillion |
|
Yunding Technology Co Ltd
SHE:000409
|
China | CN¥2.65 Billion |
|
Create Technology & Science Co Ltd
SHE:000551
|
China | CN¥6.23 Billion |
|
Sundiro Holding Co Ltd
SHE:000571
|
China | CN¥2.50 Billion |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
|
China | CN¥2.26 Billion |
Ihlas Holding 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 - Ihlas Holding AS generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ihlas Holding AS is currently not profitable relative to its asset base.
Ihlas Holding 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 | 4.04 | 5.03 | 4.20 |
| Quick Ratio | 1.25 | 1.62 | 2.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL14.56 Billion | TL 10.36 Billion | TL 2.08 Billion |
Ihlas Holding AS - Advanced Valuation Insights
This section examines the relationship between Ihlas Holding 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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | TL23.36 Billion |
| Market Capitalization | $75.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ihlas Holding AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ihlas Holding AS's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ihlas Holding AS (2000–2024)
The table below shows the annual total assets of Ihlas Holding AS from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL23.36 Billion | -4.42% |
| 2023-12-31 | TL24.44 Billion | +187.20% |
| 2022-12-31 | TL8.51 Billion | +51.99% |
| 2021-12-31 | TL5.60 Billion | +47.06% |
| 2020-12-31 | TL3.81 Billion | +24.81% |
| 2019-12-31 | TL3.05 Billion | +23.19% |
| 2018-12-31 | TL2.48 Billion | -8.56% |
| 2017-12-31 | TL2.71 Billion | +8.95% |
| 2016-12-31 | TL2.49 Billion | -11.42% |
| 2015-12-31 | TL2.81 Billion | +5.41% |
| 2014-12-31 | TL2.66 Billion | -1.53% |
| 2013-12-31 | TL2.70 Billion | +8.44% |
| 2012-12-31 | TL2.49 Billion | +9.77% |
| 2011-12-31 | TL2.27 Billion | +59.15% |
| 2010-12-31 | TL1.43 Billion | +27.86% |
| 2009-12-31 | TL1.12 Billion | +7.48% |
| 2008-12-31 | TL1.04 Billion | +19.54% |
| 2007-12-31 | TL868.62 Million | +10.21% |
| 2006-12-31 | TL788.17 Million | -14.50% |
| 2005-12-31 | TL921.85 Million | -15.00% |
| 2004-12-31 | TL1.08 Billion | -100.00% |
| 2003-12-31 | TL800.81 Trillion | +122.95% |
| 2002-12-31 | TL359.18 Trillion | +40.21% |
| 2001-12-31 | TL256.18 Trillion | +19.13% |
| 2000-12-31 | TL215.05 Trillion | -- |