Luks Kadife Ticaret ve Sanayi AS
Lüks Kadife Ticaret ve Sanayi A.S. manufactures and sells velvet fabrics products in Turkey and internationally. The company's product includes fashion, curtain, and upholstery fabrics. It also manufactures and sells polyester, cotton, viscose, and modal velvet for upholstery, drapery, and apparel. Lüks Kadife Ticaret ve Sanayi A.S. was incorporated in 1972 and is based in Kayseri, Turkey.
Luks Kadife Ticaret ve Sanayi AS (LUKSK) - Total Assets
Latest total assets as of December 2024: TL1.59 Billion TRY
Based on the latest financial reports, Luks Kadife Ticaret ve Sanayi AS (LUKSK) holds total assets worth TL1.59 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.
Luks Kadife Ticaret ve Sanayi AS - Total Assets Trend (2004–2024)
This chart illustrates how Luks Kadife Ticaret ve Sanayi AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Luks Kadife Ticaret ve Sanayi AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Luks Kadife Ticaret ve Sanayi AS's total assets of TL1.59 Billion consist of 18.6% current assets and 81.5% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 2.5% |
| Accounts Receivable | TL95.70 Million | 6.0% |
| Inventory | TL101.41 Million | 6.4% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL96.27K | 0.0% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Luks Kadife Ticaret ve Sanayi 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: Luks Kadife Ticaret ve Sanayi AS's current assets represent 18.6% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2024, down from 4.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 6.4% of total assets.
Luks Kadife Ticaret ve Sanayi AS Competitors by Total Assets
Key competitors of Luks Kadife Ticaret ve Sanayi 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 |
Luks Kadife Ticaret ve Sanayi 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 - Luks Kadife Ticaret ve Sanayi AS generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Luks Kadife Ticaret ve Sanayi AS is currently not profitable relative to its asset base.
Luks Kadife Ticaret ve Sanayi 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 | 1.37 | 1.34 | 2.02 |
| Quick Ratio | 0.90 | 1.00 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL80.29 Million | TL 89.36 Million | TL 31.07 Million |
Luks Kadife Ticaret ve Sanayi AS - Advanced Valuation Insights
This section examines the relationship between Luks Kadife Ticaret ve Sanayi 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 | 2.37 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -2.4% |
| Total Assets | TL1.59 Billion |
| Market Capitalization | $15.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Luks Kadife Ticaret ve Sanayi AS's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Luks Kadife Ticaret ve Sanayi AS's assets decreased by 2.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Luks Kadife Ticaret ve Sanayi AS (2004–2024)
The table below shows the annual total assets of Luks Kadife Ticaret ve Sanayi AS from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.59 Billion | -2.40% |
| 2023-12-31 | TL1.63 Billion | +164.99% |
| 2022-12-31 | TL614.28 Million | +62.56% |
| 2021-12-31 | TL377.88 Million | +85.92% |
| 2020-12-31 | TL203.25 Million | +19.96% |
| 2019-12-31 | TL169.43 Million | +12.43% |
| 2018-12-31 | TL150.71 Million | +9.06% |
| 2017-12-31 | TL138.19 Million | +3.77% |
| 2016-12-31 | TL133.18 Million | +25.49% |
| 2015-12-31 | TL106.12 Million | +3.85% |
| 2014-12-31 | TL102.19 Million | +8.26% |
| 2013-12-31 | TL94.39 Million | +1.69% |
| 2012-12-31 | TL92.82 Million | +32.50% |
| 2011-12-31 | TL70.05 Million | +28.63% |
| 2010-12-31 | TL54.46 Million | +206.83% |
| 2009-12-31 | TL17.75 Million | -1.79% |
| 2008-12-31 | TL18.07 Million | -4.24% |
| 2007-12-31 | TL18.87 Million | -10.90% |
| 2006-12-31 | TL21.18 Million | +8.50% |
| 2005-12-31 | TL19.52 Million | +53.27% |
| 2004-12-31 | TL12.74 Million | -- |