Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret

IS:SMRTG Turkey Solar
Market Cap
$123.01 Million
TL4.36 Billion TRY
Market Cap Rank
#31315 Global
#513 in Turkey
Share Price
TL7.20
Change (1 day)
+1.98%
52-Week Range
TL6.82 - TL33.80
All Time High
TL91.50
About

Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret A.S., an integrated solar technology company, produces solar photovoltaic modules in Turkey. The company also installs renewable energy plants; and provides engineering and labor services. In addition, it engages in selling and marketing various solar power plant system equipment. Further, the company is involved … Read more

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) - Total Assets

Latest total assets as of September 2025: TL21.89 Billion TRY

Based on the latest financial reports, Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) holds total assets worth TL21.89 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.

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret - Total Assets Trend (2019–2024)

This chart illustrates how Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret - Asset Composition Analysis

Current Asset Composition (December 2024)

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret's total assets of TL21.89 Billion consist of 61.0% current assets and 39.0% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 2.7%
Accounts Receivable TL3.07 Billion 17.6%
Inventory TL2.26 Billion 12.9%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL22.46 Million 0.1%
Goodwill TL0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret'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: Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret's current assets represent 61.0% of total assets in 2024, a decrease from 84.5% in 2019.
  • Cash Position: Cash and equivalents constituted 2.7% of total assets in 2024, up from 2.1% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is accounts receivable at 17.6% of total assets.

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret Competitors by Total Assets

Key competitors of Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret based on total assets are shown below.

Company Country Total Assets
Shenzhen Topraysolar Co Ltd
SHE:002218
China CN¥6.66 Billion
JA Solar Technology Co Ltd
SHE:002459
China CN¥105.38 Billion
GCL System Integration Technology Co Ltd
SHE:002506
China CN¥19.27 Billion
Changzhou Almaden Co Ltd
SHE:002623
China CN¥5.75 Billion
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
China CN¥18.01 Billion
Hanwha Solutions
KO:009830
Korea ₩32.26 Trillion
Hanwha Chemical Corp Pref
KO:009835
Korea ₩32.26 Trillion
Trive Property Group Bhd
KLSE:0118
Malaysia RM126.77 Million

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret - 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: 0.67 - 1.03

Moderate asset utilization - Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret generates 0.67x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.53% - 9.78%

Moderate ROA - For every $100 in assets, Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret generates $ 2.53 in net profit.

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret - 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 0.77 0.95 1.65
Quick Ratio 0.65 0.72 1.44
Cash Ratio 0.00 0.00 0.00
Working Capital TL-3.54 Billion TL -457.97 Million TL 474.02 Million

Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret - Advanced Valuation Insights

This section examines the relationship between Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret'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 4.18
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 14.6%
Total Assets TL17.46 Billion
Market Capitalization $4.93 Million USD

Valuation Analysis

Below Book Valuation: The market values Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret's assets grew by 14.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (2019–2024)

The table below shows the annual total assets of Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret from 2019 to 2024.

Year Total Assets Change
2024-12-31 TL17.46 Billion +14.64%
2023-12-31 TL15.23 Billion +486.86%
2022-12-31 TL2.60 Billion +217.19%
2021-12-31 TL818.33 Million +41.57%
2020-12-31 TL578.06 Million +45.77%
2019-12-31 TL396.55 Million --