Vestel Beyaz Esya Sanayi ve Ticaret AS

IS:VESBE Turkey Furnishings, Fixtures & Appliances
Market Cap
$329.82 Million
TL11.70 Billion TRY
Market Cap Rank
#19393 Global
#189 in Turkey
Share Price
TL7.31
Change (1 day)
-0.14%
52-Week Range
TL7.16 - TL14.02
All Time High
TL23.36
About

Vestel Beyaz Esya Sanayi ve Ticaret A.S. engages in the production and sale of white goods in Turkey. The company produces refrigerators, freezers, washing machines, dryers, cooking appliances, dishwashers, air-conditioners, and water heaters. It also exports its products. Vestel Beyaz Esya Sanayi ve Ticaret A.S. was incorporated in 1997 and is headquartered in Istanbul, Turkey. Vestel Beyaz Esya… Read more

Vestel Beyaz Esya Sanayi ve Ticaret AS (VESBE) - Total Assets

Latest total assets as of March 2025: TL78.51 Billion TRY

Based on the latest financial reports, Vestel Beyaz Esya Sanayi ve Ticaret AS (VESBE) holds total assets worth TL78.51 Billion TRY as of March 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.

Vestel Beyaz Esya Sanayi ve Ticaret AS - Total Assets Trend (2003–2024)

This chart illustrates how Vestel Beyaz Esya Sanayi ve Ticaret AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Vestel Beyaz Esya Sanayi ve Ticaret AS - Asset Composition Analysis

Current Asset Composition (December 2024)

Vestel Beyaz Esya Sanayi ve Ticaret AS's total assets of TL78.51 Billion consist of 43.9% current assets and 56.1% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 1.5%
Accounts Receivable TL14.55 Billion 20.3%
Inventory TL9.85 Billion 13.8%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL2.42 Billion 3.4%
Goodwill TL0.00 0.0%

Asset Composition Trend (2003–2024)

This chart illustrates how Vestel Beyaz Esya Sanayi 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: Vestel Beyaz Esya Sanayi ve Ticaret AS's current assets represent 43.9% of total assets in 2024, an increase from 0.0% in 2003.
  • Cash Position: Cash and equivalents constituted 1.5% of total assets in 2024, up from 0.8% in 2003.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2003.
  • Asset Diversification: The largest asset category is accounts receivable at 20.3% of total assets.

Vestel Beyaz Esya Sanayi ve Ticaret AS Competitors by Total Assets

Key competitors of Vestel Beyaz Esya Sanayi ve Ticaret AS based on total assets are shown below.

Company Country Total Assets
CNlight Co Ltd
SHE:002076
China CN¥646.20 Million
Wooree Lighting Co.Ltd
KQ:037400
Korea ₩878.19 Billion
Midea Group Co Ltd
SHE:000333
China CN¥593.31 Billion
Changhong Meiling Co Ltd
SHE:000521
China CN¥24.06 Billion
Gree Electric Appliances Inc of Zhuhai
SHE:000651
China CN¥399.22 Billion
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
China CN¥71.93 Billion
Suncha Technology Co Ltd
SHE:001211
China CN¥1.86 Billion
Beijing Liven Technology Co. Ltd.
SHE:001259
China CN¥838.81 Million

Vestel Beyaz Esya Sanayi 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: 1.05 - 1.73

Strong asset utilization - Vestel Beyaz Esya Sanayi ve Ticaret AS generates 1.05x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.37% - 16.18%

Moderate ROA - For every $100 in assets, Vestel Beyaz Esya Sanayi ve Ticaret AS generates $ 0.37 in net profit.

Vestel Beyaz Esya Sanayi 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 0.94 1.06 1.16
Quick Ratio 0.61 0.71 0.87
Cash Ratio 0.00 0.00 0.00
Working Capital TL-2.23 Billion TL 1.63 Billion TL 460.36 Million

Vestel Beyaz Esya Sanayi ve Ticaret AS - Advanced Valuation Insights

This section examines the relationship between Vestel Beyaz Esya Sanayi 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 0.35
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 40.6%
Total Assets TL71.57 Billion
Market Capitalization $75.74 Million USD

Valuation Analysis

Below Book Valuation: The market values Vestel Beyaz Esya Sanayi ve Ticaret AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Vestel Beyaz Esya Sanayi ve Ticaret AS's assets grew by 40.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Vestel Beyaz Esya Sanayi ve Ticaret AS (2003–2024)

The table below shows the annual total assets of Vestel Beyaz Esya Sanayi ve Ticaret AS from 2003 to 2024.

Year Total Assets Change
2024-12-31 TL71.57 Billion +40.57%
2023-12-31 TL50.91 Billion +99.43%
2022-12-31 TL25.53 Billion +79.93%
2021-12-31 TL14.19 Billion +72.41%
2020-12-31 TL8.23 Billion +65.13%
2019-12-31 TL4.98 Billion +6.38%
2018-12-31 TL4.69 Billion +54.62%
2017-12-31 TL3.03 Billion +32.46%
2016-12-31 TL2.29 Billion +32.89%
2015-12-31 TL1.72 Billion +11.09%
2014-12-31 TL1.55 Billion +14.53%
2013-12-31 TL1.35 Billion +2.87%
2012-12-31 TL1.32 Billion +7.20%
2011-12-31 TL1.23 Billion +26.63%
2010-12-31 TL968.90 Million +4.01%
2009-12-31 TL931.55 Million +9.29%
2008-12-31 TL852.35 Million +3.20%
2007-12-31 TL825.88 Million -1.25%
2006-12-31 TL836.32 Million +42.28%
2005-12-31 TL587.80 Million +22.71%
2004-12-31 TL479.02 Million +62.41%
2003-12-31 TL294.95 Million --