0 XP   0   0   0

Celebi Hava Servisi AS
Buy, Hold or Sell?

I guess you are interested in Celebi Hava Servisi AS. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's analyse Celebi Hava Servisi AS

Let's start. I'm going to help you getting a better view of Celebi Hava Servisi AS. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Celebi Hava Servisi AS even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Celebi Hava Servisi AS is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Celebi Hava Servisi AS. The closing price on 2022-10-03 was ₺481.90 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Celebi Hava Servisi AS Daily Candlestick Chart


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

1.1. Profitability of Celebi Hava Servisi AS.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

Measures how much net profit Celebi Hava Servisi AS earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare Celebi Hava Servisi AS to the Airports & Air Services industry mean.
  • A Net Profit Margin of 21.1% means that ₤0.21 for each ₤1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Celebi Hava Servisi AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM21.1%-21.1%
TTM21.1%YOY-3.5%+24.6%
TTM21.1%5Y6.5%+14.6%
5Y6.5%10Y6.4%+0.1%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.3%-7.3%
TTM21.1%1.1%+20.0%
YOY-3.5%-9.2%+5.7%
5Y6.5%-0.3%+6.8%
10Y6.4%5.0%+1.4%
1.1.2. Return on Assets

Shows how efficient Celebi Hava Servisi AS is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Celebi Hava Servisi AS to the Airports & Air Services industry mean.
  • 4.8% Return on Assets means that Celebi Hava Servisi AS generated ₤0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Celebi Hava Servisi AS:

  • The MRQ is 4.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.2%TTM4.8%-0.6%
TTM4.8%YOY-0.5%+5.3%
TTM4.8%5Y2.1%+2.7%
5Y2.1%10Y2.0%+0.1%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2%0.5%+3.7%
TTM4.8%0.3%+4.5%
YOY-0.5%-0.8%+0.3%
5Y2.1%0.8%+1.3%
10Y2.0%1.1%+0.9%
1.1.3. Return on Equity

Shows how efficient Celebi Hava Servisi AS is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Celebi Hava Servisi AS to the Airports & Air Services industry mean.
  • 15.1% Return on Equity means the company generated ₤0.15 for each ₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Celebi Hava Servisi AS:

  • The MRQ is 15.1%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 20.7%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.1%TTM20.7%-5.6%
TTM20.7%YOY-4.3%+25.0%
TTM20.7%5Y9.3%+11.5%
5Y9.3%10Y12.0%-2.7%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ15.1%2.5%+12.6%
TTM20.7%1.1%+19.6%
YOY-4.3%-1.8%-2.5%
5Y9.3%1.3%+8.0%
10Y12.0%1.9%+10.1%

1.2. Operating Efficiency of Celebi Hava Servisi AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Celebi Hava Servisi AS is operating .

  • Measures how much profit Celebi Hava Servisi AS makes for each ₤1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Celebi Hava Servisi AS to the Airports & Air Services industry mean.
  • An Operating Margin of 0.0% means the company generated ₤0.00  for each ₤1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Celebi Hava Servisi AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM18.2%-18.2%
TTM18.2%YOY12.9%+5.3%
TTM18.2%5Y15.4%+2.8%
5Y15.4%10Y8.1%+7.3%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.3%-12.3%
TTM18.2%3.2%+15.0%
YOY12.9%-6.4%+19.3%
5Y15.4%4.0%+11.4%
10Y8.1%6.3%+1.8%
1.2.2. Operating Ratio

Measures how efficient Celebi Hava Servisi AS is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Airports & Air Services industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ₤0.00 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of Celebi Hava Servisi AS:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.097-1.097
TTM1.097YOY1.630-0.533
TTM1.0975Y1.492-0.395
5Y1.49210Y1.108+0.384
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.459-1.459
TTM1.0971.359-0.262
YOY1.6301.388+0.242
5Y1.4921.142+0.350
10Y1.1080.949+0.159

1.3. Liquidity of Celebi Hava Servisi AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Celebi Hava Servisi AS is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Airports & Air Services industry mean).
  • A Current Ratio of 1.25 means the company has ₤1.25 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of Celebi Hava Servisi AS:

  • The MRQ is 1.252. The company is just able to pay all its short-term debts.
  • The TTM is 1.168. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.252TTM1.168+0.084
TTM1.168YOY0.900+0.269
TTM1.1685Y1.047+0.121
5Y1.04710Y0.547+0.501
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2521.115+0.137
TTM1.1681.162+0.006
YOY0.9001.408-0.508
5Y1.0471.229-0.182
10Y0.5471.140-0.593
1.3.2. Quick Ratio

Measures if Celebi Hava Servisi AS is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy (always compare to Airports & Air Services industry mean)
  • A Quick Ratio of 0.52 means the company can pay off ₤0.52 for each ₤1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Celebi Hava Servisi AS:

  • The MRQ is 0.519. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.457. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.519TTM0.457+0.062
TTM0.457YOY0.329+0.128
TTM0.4575Y0.424+0.033
5Y0.42410Y0.422+0.002
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5190.666-0.147
TTM0.4570.572-0.115
YOY0.3290.529-0.200
5Y0.4240.635-0.211
10Y0.4220.584-0.162

1.4. Solvency of Celebi Hava Servisi AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Celebi Hava Servisi AS assets are financed with debt.

  • Below 1 (100%) is considered healthy (always compare to Airports & Air Services industry mean).
  • A Debt to Asset Ratio of 0.66 means that Celebi Hava Servisi AS assets are financed with 66.4% credit (debt) and the remaining percentage (100% - 66.4%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Celebi Hava Servisi AS:

  • The MRQ is 0.664. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.691. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.664TTM0.691-0.027
TTM0.691YOY0.822-0.130
TTM0.6915Y0.781-0.089
5Y0.78110Y0.819-0.039
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6640.593+0.071
TTM0.6910.574+0.117
YOY0.8220.559+0.263
5Y0.7810.503+0.278
10Y0.8190.480+0.339
1.4.2. Debt to Equity Ratio

Measures if Celebi Hava Servisi AS is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy (always compare to Airports & Air Services industry mean).
  • A Debt to Equity ratio of 241.4% means that company has ₤2.41 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Celebi Hava Servisi AS:

  • The MRQ is 2.414. The company is just not able to pay all its debts with equity.
  • The TTM is 2.925. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.414TTM2.925-0.511
TTM2.925YOY6.533-3.608
TTM2.9255Y4.601-1.676
5Y4.60110Y6.258-1.656
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4141.301+1.113
TTM2.9251.407+1.518
YOY6.5331.348+5.185
5Y4.6011.359+3.242
10Y6.2581.343+4.915

2. Market Valuation of Celebi Hava Servisi AS

2. Earnings
2.1. Price to Earnings Ratio

Measures how many years it takes to double your invested money in Celebi Hava Servisi AS.

  • Above 15 is considered overpriced but is hard to determine (always use industry average).
  • A PE ratio of 9.15 means the investor is paying ₤9.15 for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Celebi Hava Servisi AS:

  • The EOD is 12.145. Good. +1
  • The MRQ is 9.148. Good. +1
  • The TTM is 11.962. Good. +1
Trends
Current periodCompared to+/- 
EOD12.145MRQ9.148+2.996
MRQ9.148TTM11.962-2.814
TTM11.962YOY-37.431+49.393
TTM11.9625Y26.656-14.694
5Y26.65610Y15.095+11.561
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
EOD12.1456.996+5.149
MRQ9.1486.476+2.672
TTM11.962-0.680+12.642
YOY-37.431-6.616-30.815
5Y26.6568.850+17.806
10Y15.09512.715+2.380
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Celebi Hava Servisi AS.

  • Lower is better
  • A PEG ratio of 1 means the investor is paying a fair price for the stock

Let's take a look of the Price Earnings to Growth Ratio trends of Celebi Hava Servisi AS:

  • The MRQ is -0.006. Very Bad. -2
  • The TTM is -0.039. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ-0.006TTM-0.039+0.034
TTM-0.039YOY0.102-0.141
TTM-0.0395Y-0.204+0.164
5Y-0.20410Y-0.124-0.079
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.006-0.050+0.044
TTM-0.0390.035-0.074
YOY0.1020.025+0.077
5Y-0.2040.008-0.212
10Y-0.1240.008-0.132

2. Books
2.3. Price to Book Ratio

Measures if the stock price of Celebi Hava Servisi AS is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Airports & Air Services industry mean).
  • A PB ratio of 4.41 means the investor is paying ₤4.41 for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of Celebi Hava Servisi AS:

  • The EOD is 5.848. Seems overpriced? -1
  • The MRQ is 4.405. Neutral. Compare to industry.
  • The TTM is 3.554. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
EOD5.848MRQ4.405+1.443
MRQ4.405TTM3.554+0.851
TTM3.554YOY8.232-4.678
TTM3.5545Y6.207-2.653
5Y6.20710Y3.288+2.918
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.8481.756+4.092
MRQ4.4051.742+2.663
TTM3.5541.937+1.617
YOY8.2321.896+6.336
5Y6.2071.767+4.440
10Y3.2881.612+1.676

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Celebi Hava Servisi AS compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--82.40667.262+23%22.189+271%26.418+212%13.301+520%
Book Value Per Share Growth---13.881-100%2.878-100%3.936-100%3.924-100%
Current Ratio--1.2521.168+7%0.900+39%1.047+20%0.547+129%
Debt To Asset Ratio--0.6640.691-4%0.822-19%0.781-15%0.819-19%
Debt To Equity Ratio--2.4142.925-17%6.533-63%4.601-48%6.258-61%
Dividend Per Share--6.7506.7500%1.661+306%2.987+126%2.905+132%
Eps--10.2179.920+3%-0.670+107%2.389+328%1.376+643%
Eps Growth---1581.311-671.591-58%-611.016-61%-203.734-87%-72.926-95%
Gains Per Share--6.75020.631-67%4.539+49%6.924-3%6.829-1%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.850+18%
Net Profit Margin---0.211-100%-0.0350%0.065-100%0.064-100%
Operating Margin---0.182-100%0.129-100%0.154-100%0.081-100%
Operating Ratio---1.097-100%1.630-100%1.492-100%1.108-100%
Pb Ratio5.848+25%4.4053.554+24%8.232-46%6.207-29%3.288+34%
Pe Ratio12.145+25%9.14811.962-24%-37.431+509%26.656-66%15.095-39%
Peg Ratio---0.006-0.039+580%0.102-106%-0.204+3418%-0.124+2049%
Price Per Share481.900+25%363.000232.050+56%185.825+95%121.903+198%72.898+398%
Quick Ratio--0.5190.457+14%0.329+58%0.424+22%0.422+23%
Return On Assets--0.0420.048-13%-0.005+112%0.021+100%0.020+109%
Return On Equity--0.1510.207-27%-0.043+128%0.093+64%0.120+26%
 EOD+0 -3MRQTTM+8 -10YOY+13 -55Y+12 -710Y+12 -8

3.2. Fundamental Score

Let's check the fundamental score of Celebi Hava Servisi AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.145
Price to Book Ratio (EOD)Between0-15.848
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.519
Current Ratio (MRQ)Greater than11.252
Debt to Asset Ratio (MRQ)Less than10.664
Debt to Equity Ratio (MRQ)Less than12.414
Return on Equity (MRQ)Greater than0.150.151
Return on Assets (MRQ)Greater than0.050.042
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Celebi Hava Servisi AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.666
Ma 20Greater thanMa 50428.885
Ma 50Greater thanMa 100381.948
Ma 100Greater thanMa 200336.806
OpenGreater thanClose485.500
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in TRY. All numbers in thousands.

Summary
 As reported
Total Liabilities -
Total Stockholder Equity+ -
Total Assets = -

Assets

Total Assets-
Total Current Assets2,351,863
Long-term Assets2,351,863
Total Current Assets
Net Receivables 974,903
Inventory 45,296
Other Current Assets 114,546
Total Current Assets  (as reported)2,351,863
Total Current Assets  (calculated)1,134,745
+/- 1,217,117
Long-term Assets
Property Plant Equipment 2,205,286
Long-term Assets  (as reported)0
Long-term Assets  (calculated)2,205,286
+/- 2,205,286

Liabilities & Shareholders' Equity

Total Current Liabilities1,878,327
Long-term Liabilities-
Total Stockholder Equity-
Total Current Liabilities
Accounts payable 231,925
Other Current Liabilities 259,096
Total Current Liabilities  (as reported)1,878,327
Total Current Liabilities  (calculated)491,021
+/- 1,387,305
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 843,299
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)843,299
+/- 843,299
Other
Net Tangible Assets 842,702



Balance Sheet

Currency in TRY. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-31
> Total Assets 
228,069
227,308
252,068
298,487
285,920
272,905
283,999
250,409
257,404
272,741
274,118
268,104
240,941
267,914
309,846
327,570
344,668
341,578
350,126
359,282
377,864
400,866
422,572
537,163
493,218
514,323
540,394
485,551
474,713
496,564
525,864
515,256
558,231
542,590
621,805
573,245
603,554
631,681
707,335
678,551
670,308
595,844
649,479
689,823
790,937
803,005
837,890
836,042
898,166
1,092,827
1,671,809
1,522,060
2,285,360
2,165,994
2,228,584
2,219,590
2,543,675
2,620,482
2,924,559
2,762,169
3,136,117
3,197,736
3,363,962
5,464,827
5,960,422
0
05,960,4225,464,8273,363,9623,197,7363,136,1172,762,1692,924,5592,620,4822,543,6752,219,5902,228,5842,165,9942,285,3601,522,0601,671,8091,092,827898,166836,042837,890803,005790,937689,823649,479595,844670,308678,551707,335631,681603,554573,245621,805542,590558,231515,256525,864496,564474,713485,551540,394514,323493,218537,163422,572400,866377,864359,282350,126341,578344,668327,570309,846267,914240,941268,104274,118272,741257,404250,409283,999272,905285,920298,487252,068227,308228,069
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
288,825
321,550
283,355
319,012
415,797
636,486
523,455
623,731
540,403
655,151
623,152
829,177
873,434
1,038,206
925,800
1,048,499
1,057,970
1,215,785
1,929,753
2,075,058
2,351,863
2,351,8632,075,0581,929,7531,215,7851,057,9701,048,499925,8001,038,206873,434829,177623,152655,151540,403623,731523,455636,486415,797319,012283,355321,550288,825000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
103,243
130,010
113,572
132,883
138,818
256,390
197,024
252,976
118,479
226,284
209,131
395,917
523,003
583,953
571,830
464,237
490,057
587,350
1,093,963
1,126,032
0
01,126,0321,093,963587,350490,057464,237571,830583,953523,003395,917209,131226,284118,479252,976197,024256,390138,818132,883113,572130,010103,243000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
65,667
47,898
14,078
0
0
0014,07847,89865,6670000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
14,014
25,807
25,022
25,320
25,722
33,049
32,511
21,050
26,693
41,124
37,863
54,340
50,765
51,507
46,646
34,870
34,194
46,408
51,796
32,773
37,937
58,421
63,720
41,446
55,711
81,535
96,345
63,186
65,202
81,586
91,583
61,398
76,826
99,190
94,770
67,095
67,353
94,007
129,928
92,615
99,440
102,842
101,174
104,622
121,833
136,840
135,981
125,661
133,785
205,494
294,839
228,499
189,434
238,224
259,337
290,737
339,959
259,880
341,249
272,596
409,429
400,452
470,061
650,472
790,741
974,903
974,903790,741650,472470,061400,452409,429272,596341,249259,880339,959290,737259,337238,224189,434228,499294,839205,494133,785125,661135,981136,840121,833104,622101,174102,84299,44092,615129,92894,00767,35367,09594,77099,19076,82661,39891,58381,58665,20263,18696,34581,53555,71141,44663,72058,42137,93732,77351,79646,40834,19434,87046,64651,50750,76554,34037,86341,12426,69321,05032,51133,04925,72225,32025,02225,80714,014
       Other Current Assets 
1,552
3,588
2,539
3,030
2,730
3,864
3,213
2,869
3,484
3,598
3,628
3,080
3,550
10,122
12,684
12,082
8,600
20,771
9,783
9,526
10,942
15,882
15,539
55,605
32,118
40,891
39,081
26,129
20,229
18,983
18,129
17,629
20,690
32,913
24,554
18,394
19,421
47,382
21,854
16,915
18,358
28,675
25,015
19,592
15,345
31,219
25,023
18,291
22,973
26,391
44,282
68,420
116,804
72,931
85,029
91,156
61,646
58,240
59,107
39,127
130,668
52,220
69,562
98,743
71,829
114,546
114,54671,82998,74369,56252,220130,66839,12759,10758,24061,64691,15685,02972,931116,80468,42044,28226,39122,97318,29125,02331,21915,34519,59225,01528,67518,35816,91521,85447,38219,42118,39424,55432,91320,69017,62918,12918,98320,22926,12939,08140,89132,11855,60515,53915,88210,9429,5269,78320,7718,60012,08212,68410,1223,5503,0803,6283,5983,4842,8693,2133,8642,7303,0302,5393,5881,552
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,661,629
1,625,591
1,573,432
1,596,438
1,714,498
1,747,048
1,886,353
1,836,369
2,087,617
2,139,765
2,148,176
3,535,073
3,885,365
0
03,885,3653,535,0732,148,1762,139,7652,087,6171,836,3691,886,3531,747,0481,714,4981,596,4381,573,4321,625,5911,661,6290000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
83,103
78,871
79,707
95,744
99,500
101,264
99,588
98,782
97,861
96,429
93,856
93,579
90,058
99,215
99,122
100,404
101,588
117,101
119,069
139,488
145,651
154,352
165,202
143,473
144,105
144,098
153,142
152,843
138,089
136,654
135,770
145,532
146,021
138,824
163,593
166,486
166,172
152,803
158,426
155,669
155,344
153,044
152,201
156,760
157,162
154,166
152,690
155,620
158,659
175,887
255,605
321,805
1,014,802
937,950
921,129
885,215
1,014,203
1,007,998
1,035,259
999,833
997,828
1,012,138
999,589
1,938,409
2,106,105
2,205,286
2,205,2862,106,1051,938,409999,5891,012,138997,828999,8331,035,2591,007,9981,014,203885,215921,129937,9501,014,802321,805255,605175,887158,659155,620152,690154,166157,162156,760152,201153,044155,344155,669158,426152,803166,172166,486163,593138,824146,021145,532135,770136,654138,089152,843153,142144,098144,105143,473165,202154,352145,651139,488119,069117,101101,588100,40499,12299,21590,05893,57993,85696,42997,86198,78299,588101,26499,50095,74479,70778,87183,103
       Goodwill 
0
0
0
18,161
17,333
16,709
15,920
15,831
18,158
18,996
17,274
18,891
16,818
18,271
18,762
18,528
18,061
15,748
16,822
17,243
19,182
20,678
20,234
18,551
19,951
19,300
19,813
19,883
18,738
20,864
22,429
24,088
30,605
28,301
27,914
23,206
24,356
24,546
28,005
26,182
26,360
26,125
28,023
32,556
34,100
32,072
33,565
34,112
36,869
37,663
50,023
43,925
46,028
61,259
57,054
60,932
60,862
64,554
72,381
73,296
80,446
86,789
85,474
119,963
133,440
0
0133,440119,96385,47486,78980,44673,29672,38164,55460,86260,93257,05461,25946,02843,92550,02337,66336,86934,11233,56532,07234,10032,55628,02326,12526,36026,18228,00524,54624,35623,20627,91428,30130,60524,08822,42920,86418,73819,88319,81319,30019,95118,55120,23420,67819,18217,24316,82215,74818,06118,52818,76218,27116,81818,89117,27418,99618,15815,83115,92016,70917,33318,161000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53,506
56,028
65,012
70,942
82,786
108,954
95,893
108,397
113,923
118,341
130,288
0
0
0
0
0
0
0
0
0
0
0000000000130,288118,341113,923108,39795,893108,95482,78670,94265,01256,02853,506000000000000000000000000000000000000000000000
       Intangible Assets 
67,741
63,469
843
48,002
46,237
43,553
40,574
39,095
73,074
44,195
59,482
57,293
46,670
38,493
38,351
75,070
74,664
77,774
76,682
79,358
85,461
84,386
83,414
141,981
141,771
132,269
135,023
132,581
128,836
125,905
125,265
130,294
140,488
133,222
135,763
132,043
144,192
149,055
160,952
150,866
146,671
144,449
148,041
169,728
178,635
192,235
191,410
203,914
210,545
202,725
244,925
219,109
233,301
241,293
219,090
224,499
228,123
244,879
278,679
264,825
485,199
488,852
489,515
701,303
756,594
0
0756,594701,303489,515488,852485,199264,825278,679244,879228,123224,499219,090241,293233,301219,109244,925202,725210,545203,914191,410192,235178,635169,728148,041144,449146,671150,866160,952149,055144,192132,043135,763133,222140,488130,294125,265125,905128,836132,581135,023132,269141,771141,98183,41484,38685,46179,35876,68277,77474,66475,07038,35138,49346,67057,29359,48244,19573,07439,09540,57443,55346,23748,00284363,46967,741
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,661,629
3
3
5
5
5
3
3
3
6,794
7,055
10,358
11,454
0
011,45410,3587,0556,794333555331,661,6290000000000000000000000000000000000000000000000000000
> Total Liabilities 
129,756
132,442
131,917
181,211
171,219
165,341
157,714
127,316
165,316
153,830
137,849
137,773
171,035
164,560
179,403
207,473
217,704
239,312
225,458
230,773
251,835
300,927
300,894
486,681
446,555
459,124
460,136
421,476
421,749
463,525
473,960
468,415
510,356
477,811
518,620
466,791
484,529
546,557
565,237
534,265
525,665
520,893
550,290
588,126
682,923
713,576
691,958
667,187
709,350
916,198
1,328,248
1,168,973
1,798,280
1,758,881
1,713,766
1,647,153
1,989,429
2,247,039
2,470,027
2,315,872
2,533,401
2,544,554
2,500,817
3,794,982
3,957,966
0
03,957,9663,794,9822,500,8172,544,5542,533,4012,315,8722,470,0272,247,0391,989,4291,647,1531,713,7661,758,8811,798,2801,168,9731,328,248916,198709,350667,187691,958713,576682,923588,126550,290520,893525,665534,265565,237546,557484,529466,791518,620477,811510,356468,415473,960463,525421,749421,476460,136459,124446,555486,681300,894300,927251,835230,773225,458239,312217,704207,473179,403164,560171,035137,773137,849153,830165,316127,316157,714165,341171,219181,211131,917132,442129,756
   > Total Current Liabilities 
53,636
61,998
67,289
133,270
122,926
79,308
76,446
58,035
78,358
75,140
67,067
61,212
67,193
77,061
69,975
85,199
89,779
114,446
91,938
82,904
85,819
131,863
130,106
216,691
117,718
142,723
161,059
182,368
185,822
186,279
186,334
168,642
179,624
175,091
220,434
209,545
215,502
217,872
241,224
263,925
259,779
254,463
268,579
273,571
278,711
313,552
273,675
203,555
286,728
312,576
438,037
442,248
527,601
733,705
837,345
820,740
990,378
1,193,727
1,223,712
1,066,509
1,097,702
1,141,085
1,137,032
1,689,558
1,715,658
1,878,327
1,878,3271,715,6581,689,5581,137,0321,141,0851,097,7021,066,5091,223,7121,193,727990,378820,740837,345733,705527,601442,248438,037312,576286,728203,555273,675313,552278,711273,571268,579254,463259,779263,925241,224217,872215,502209,545220,434175,091179,624168,642186,334186,279185,822182,368161,059142,723117,718216,691130,106131,86385,81982,90491,938114,44689,77985,19969,97577,06167,19361,21267,06775,14078,35858,03576,44679,308122,926133,27067,28961,99853,636
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
403,039
115,395
57,767
129,945
114,000
176,098
229,742
218,748
387,254
467,326
462,452
0
0
0
0
0
0
0
0
0
0
0000000000462,452467,326387,254218,748229,742176,098114,000129,94557,767115,395403,039000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
403,039
115,395
57,767
129,945
114,000
176,098
229,742
218,748
387,254
467,326
462,452
613,035
684,697
667,528
585,828
664,673
676,834
617,371
844,110
822,599
0
0822,599844,110617,371676,834664,673585,828667,528684,697613,035462,452467,326387,254218,748229,742176,098114,000129,94557,767115,395403,039000000000000000000000000000000000000000000000
       Accounts payable 
3,945
7,466
6,483
25,934
16,620
13,915
9,512
10,880
5,929
10,040
8,565
11,140
9,626
12,096
12,689
14,422
14,872
16,120
19,796
15,961
20,399
18,982
22,916
17,963
17,898
19,682
16,215
16,315
20,234
18,146
27,040
30,547
35,118
32,865
36,138
42,695
31,945
40,803
50,006
44,080
48,935
46,853
50,457
58,008
64,857
72,277
62,567
69,611
66,415
83,582
129,697
82,081
95,798
128,604
124,099
118,660
116,052
125,538
129,845
110,273
123,117
120,782
127,843
226,112
145,610
231,925
231,925145,610226,112127,843120,782123,117110,273129,845125,538116,052118,660124,099128,60495,79882,081129,69783,58266,41569,61162,56772,27764,85758,00850,45746,85348,93544,08050,00640,80331,94542,69536,13832,86535,11830,54727,04018,14620,23416,31516,21519,68217,89817,96322,91618,98220,39915,96119,79616,12014,87214,42212,68912,0969,62611,1408,56510,0405,92910,8809,51213,91516,62025,9346,4837,4663,945
       Other Current Liabilities 
10,955
15,127
25,371
15,204
17,186
24,655
33,403
13,929
20,916
23,918
31,715
34,946
30,843
36,506
33,301
30,549
26,502
41,936
38,653
38,278
32,707
39,927
45,111
93,536
42,354
50,759
52,422
56,886
54,691
58,675
51,017
49,202
44,577
50,678
58,774
42,648
51,149
58,388
66,172
55,318
54,184
58,040
61,208
62,076
67,913
78,863
93,240
75,108
89,855
35,661
46,823
50,855
17,634
16,708
20,331
51,146
56,854
168,472
148,447
149,012
93,397
93,546
102,128
173,958
193,849
259,096
259,096193,849173,958102,12893,54693,397149,012148,447168,47256,85451,14620,33116,70817,63450,85546,82335,66189,85575,10893,24078,86367,91362,07661,20858,04054,18455,31866,17258,38851,14942,64858,77450,67844,57749,20251,01758,67554,69156,88652,42250,75942,35493,53645,11139,92732,70738,27838,65341,93626,50230,54933,30136,50630,84334,94631,71523,91820,91613,92933,40324,65517,18615,20425,37115,12710,955
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,270,679
1,025,176
876,421
826,413
999,051
1,053,312
1,246,314
1,249,363
1,435,699
1,403,469
1,363,785
2,105,424
2,242,307
0
02,242,3072,105,4241,363,7851,403,4691,435,6991,249,3631,246,3141,053,312999,051826,413876,4211,025,1761,270,6790000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-403,039
-115,395
-57,767
-129,945
-114,000
-176,098
-229,742
432,492
162,765
53,179
-3,705
601,025
625,429
728,234
714,700
701,242
735,140
730,587
1,262,208
1,345,821
0
01,345,8211,262,208730,587735,140701,242714,700728,234625,429601,025-3,70553,179162,765432,492-229,742-176,098-114,000-129,945-57,767-115,395-403,039000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68,940
67,755
67,757
72,011
76,566
83,077
99,778
95,758
169,853
178,348
184,898
274,516
307,318
0
0307,318274,516184,898178,348169,85395,75899,77883,07776,56672,01167,75767,75568,9400000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
64,766
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000064,76600000000000000000000000000000000000000000000000000
> Total Stockholder Equity
98,252
94,791
120,061
112,603
110,460
104,203
123,578
119,930
90,339
115,144
133,654
130,215
76,230
104,665
130,284
119,792
118,762
89,341
110,480
112,028
107,782
80,502
102,353
39,405
35,899
46,140
70,876
55,975
44,522
25,612
45,167
40,519
37,623
54,246
91,858
95,522
107,440
73,323
129,519
132,940
133,335
63,898
87,032
87,488
92,240
80,740
136,354
158,880
178,118
163,776
326,491
336,260
443,216
347,186
454,446
510,178
486,199
296,319
357,609
356,604
380,936
418,434
614,691
1,353,924
1,639,595
0
01,639,5951,353,924614,691418,434380,936356,604357,609296,319486,199510,178454,446347,186443,216336,260326,491163,776178,118158,880136,35480,74092,24087,48887,03263,898133,335132,940129,51973,323107,44095,52291,85854,24637,62340,51945,16725,61244,52255,97570,87646,14035,89939,405102,35380,502107,782112,028110,48089,341118,762119,792130,284104,66576,230130,215133,654115,14490,339119,930123,578104,203110,460112,603120,06194,79198,252
   Common Stock
13,500
13,500
13,500
13,500
13,500
13,500
13,500
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,300
24,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30024,30013,50013,50013,50013,50013,50013,50013,500
   Retained Earnings 
63,136
69,505
67,546
86,549
84,385
78,452
98,158
94,289
65,176
89,136
108,381
104,930
50,691
79,836
104,809
94,577
91,214
61,777
85,319
84,232
79,336
49,068
69,586
45,022
41,189
21,309
44,398
30,534
19,191
596
20,858
13,521
10,050
26,494
61,977
68,089
72,755
40,342
92,587
102,547
107,370
39,967
61,894
56,483
56,732
49,152
103,484
111,156
120,745
92,953
186,022
239,195
267,245
148,560
280,295
373,527
331,640
108,650
62,335
97,328
44,052
43,096
229,886
630,321
759,043
843,299
843,299759,043630,321229,88643,09644,05297,32862,335108,650331,640373,527280,295148,560267,245239,195186,02292,953120,745111,156103,48449,15256,73256,48361,89439,967107,370102,54792,58740,34272,75568,08961,97726,49410,05013,52120,85859619,19130,53444,39821,30941,18945,02269,58649,06879,33684,23285,31961,77791,21494,577104,80979,83650,691104,930108,38189,13665,17694,28998,15878,45284,38586,54967,54669,50563,136
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,288
8,570
23,424
33,073
46,524
116,169
72,764
101,040
110,938
86,462
112,351
130,260
163,369
270,975
234,975
312,583
351,038
360,505
699,303
856,252
975,400
975,400856,252699,303360,505351,038312,583234,975270,975163,369130,260112,35186,462110,938101,04072,764116,16946,52433,07323,4248,5707,288000000000000000000000000000000000000000000000



Balance Sheet

Currency in TRY. All numbers in thousands.




Cash Flow

Currency in TRY. All numbers in thousands.