Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS

IS:IHLGM Turkey Real Estate - Diversified
Market Cap
$57.81 Million
TL2.05 Billion TRY
Market Cap Rank
#21902 Global
#273 in Turkey
Share Price
TL2.05
Change (1 day)
+2.50%
52-Week Range
TL1.49 - TL3.53
All Time High
TL3.53
About

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret A.S. engages in the construction and real estate activities. The company constructs residential, workplaces, and social facilities. It also involved in the mining, marketing, and energy businesses. The company was incorporated in 1985 and is based in Istanbul, Turkey.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IHLGM) - Total Assets

Latest total assets as of September 2025: TL4.33 Billion TRY

Based on the latest financial reports, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IHLGM) holds total assets worth TL4.33 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 Gayrimenkul Proje Gelistirme ve Ticaret AS - Total Assets Trend (2018–2024)

This chart illustrates how Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS - Asset Composition Analysis

Current Asset Composition (December 2024)

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's total assets of TL4.33 Billion consist of 78.7% current assets and 21.4% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 1.6%
Accounts Receivable TL285.63 Million 11.6%
Inventory TL1.10 Billion 44.7%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL52.07 Million 2.1%
Goodwill TL0.00 0.0%

Asset Composition Trend (2018–2024)

This chart illustrates how Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 Gayrimenkul Proje Gelistirme ve Ticaret AS's current assets represent 78.7% of total assets in 2024, a decrease from 83.6% in 2018.
  • Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, up from 0.1% in 2018.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 7.0% in 2018.
  • Asset Diversification: The largest asset category is inventory at 44.7% of total assets.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS Competitors by Total Assets

Key competitors of Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS based on total assets are shown below.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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: 0.07 - 0.62

Lower asset utilization - Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS generates 0.19x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -60.57% - 10.04%

Negative ROA - Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS is currently not profitable relative to its asset base.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 2.80 3.17 2.80
Quick Ratio 0.66 1.46 2.09
Cash Ratio 0.00 0.00 0.00
Working Capital TL2.36 Billion TL 1.36 Billion TL 869.42 Million

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS - Advanced Valuation Insights

This section examines the relationship between Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 1.77
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) -10.7%
Total Assets TL2.47 Billion
Market Capitalization $43.35 Million USD

Valuation Analysis

Below Book Valuation: The market values Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (2018–2024)

The table below shows the annual total assets of Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS from 2018 to 2024.

Year Total Assets Change
2024-12-31 TL2.47 Billion -10.66%
2023-12-31 TL2.77 Billion +107.59%
2022-12-31 TL1.33 Billion -13.03%
2021-12-31 TL1.53 Billion -13.21%
2020-12-31 TL1.77 Billion +21.86%
2019-12-31 TL1.45 Billion +474.07%
2018-12-31 TL252.54 Million --