Parsan Makina Parcalari Sanayi AS (PARSN) - Total Assets
Based on the latest financial reports, Parsan Makina Parcalari Sanayi AS (PARSN) holds total assets worth TL20.18 Billion TRY (≈ $451.87 Million USD) as of June 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. See what is Parsan Makina Parcalari Sanayi AS's book value for net asset value and shareholders' equity analysis.
Parsan Makina Parcalari Sanayi AS - Total Assets Trend (2002–2024)
This chart illustrates how Parsan Makina Parcalari Sanayi AS's total assets have evolved over time, based on quarterly financial data.
Parsan Makina Parcalari Sanayi AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Parsan Makina Parcalari Sanayi AS's total assets of TL20.18 Billion consist of 9.0% current assets and 91.0% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 0.6% |
| Accounts Receivable | TL388.28 Million | 2.4% |
| Inventory | TL895.23 Million | 5.5% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL263.70 Million | 1.6% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Parsan Makina Parcalari 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. For live market cap, price, and company overview, see PARSN stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Parsan Makina Parcalari Sanayi AS's current assets represent 9.0% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2024, down from 3.3% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 5.5% of total assets.
Parsan Makina Parcalari Sanayi AS Competitors by Total Assets
Key competitors of Parsan Makina Parcalari Sanayi AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Linglong Tyre Co Ltd
SHG:601966
|
China | CN¥47.67 Billion |
|
Versigent PLC
NYSE:VGNT
|
USA | $5.00 Billion |
|
Zhejiang Songyuan Automotive Safety
SHE:300893
|
China | CN¥3.68 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
Burelle SA
PA:BUR
|
France | €8.35 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Giti Tire Corp
SHG:600182
|
China | CN¥4.48 Billion |
|
Changzhou Langbo Seal Polytron Technologies Co Ltd Class A
SHG:603655
|
China | CN¥598.16 Million |
Parsan Makina Parcalari 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 | 0.39 | 0.50 | 0.75 |
| Quick Ratio | 0.18 | 0.20 | 0.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-3.04 Billion | TL-1.66 Billion | TL-151.03 Million |
Parsan Makina Parcalari Sanayi AS - Advanced Valuation Insights
This section examines the relationship between Parsan Makina Parcalari 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 | 0.53 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 24.4% |
| Total Assets | TL16.21 Billion |
| Market Capitalization | $164.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Parsan Makina Parcalari Sanayi AS's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Parsan Makina Parcalari Sanayi AS's assets grew by 24.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Parsan Makina Parcalari Sanayi AS (2002–2024)
The table below shows the annual total assets of Parsan Makina Parcalari Sanayi AS from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL16.21 Billion ≈ $363.11 Million |
+24.39% |
| 2023-12-31 | TL13.03 Billion ≈ $291.91 Million |
+78.49% |
| 2022-12-31 | TL7.30 Billion ≈ $163.54 Million |
+87.34% |
| 2021-12-31 | TL3.90 Billion ≈ $87.30 Million |
+54.31% |
| 2020-12-31 | TL2.53 Billion ≈ $56.57 Million |
+38.80% |
| 2019-12-31 | TL1.82 Billion ≈ $40.76 Million |
+22.15% |
| 2018-12-31 | TL1.49 Billion ≈ $33.37 Million |
+18.90% |
| 2017-12-31 | TL1.25 Billion ≈ $28.06 Million |
+24.01% |
| 2016-12-31 | TL1.01 Billion ≈ $22.63 Million |
+14.72% |
| 2015-12-31 | TL880.74 Million ≈ $19.73 Million |
+63.87% |
| 2014-12-31 | TL537.45 Million ≈ $12.04 Million |
+13.05% |
| 2013-12-31 | TL475.40 Million ≈ $10.65 Million |
+40.09% |
| 2012-12-31 | TL339.37 Million ≈ $7.60 Million |
+8.36% |
| 2011-12-31 | TL313.19 Million ≈ $7.01 Million |
+13.76% |
| 2010-12-31 | TL275.30 Million ≈ $6.17 Million |
+9.07% |
| 2009-12-31 | TL252.41 Million ≈ $5.65 Million |
-12.11% |
| 2008-12-31 | TL287.20 Million ≈ $6.43 Million |
+11.10% |
| 2007-12-31 | TL258.50 Million ≈ $5.79 Million |
+12.48% |
| 2006-12-31 | TL229.82 Million ≈ $5.15 Million |
+32.12% |
| 2005-12-31 | TL173.95 Million ≈ $3.90 Million |
+23.38% |
| 2004-12-31 | TL140.98 Million ≈ $3.16 Million |
-100.00% |
| 2003-12-31 | TL100.25 Trillion ≈ $2.25 Trillion |
+7.86% |
| 2002-12-31 | TL92.94 Trillion ≈ $2.08 Trillion |
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About Parsan Makina Parcalari Sanayi AS
Parsan Makina Parçalari Sanayii A.S. produces and sells forging parts and components for light, medium, and heavy vehicle manufacturers in Turkey. The company offers body parts, such as rear axle shafts, shafts, front axle beams, and front axle assemblies; and engine parts, including crankshafts, camshafts, forged pistons, steering knuckles, rods, pinion forgings, various gear forgings, spider ge… Read more