25 XP   0   0   10

Karsan Otomotiv Sanayi ve Ticaret AS
Buy, Hold or Sell?

Let's analyse Karsan together

PenkeI guess you are interested in Karsan Otomotiv Sanayi ve Ticaret AS. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Karsan Otomotiv Sanayi ve Ticaret 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.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Karsan Otomotiv Sanayi ve Ticaret AS

I send you an email if I find something interesting about Karsan Otomotiv Sanayi ve Ticaret AS.

Quick analysis of Karsan (30 sec.)










What can you expect buying and holding a share of Karsan? (30 sec.)

How much money do you get?

How much money do you get?
‚āļ0.00
When do you have the money?
1 year
How often do you get paid?
2.5%

What is your share worth?

Current worth
‚āļ5.86
Expected worth in 1 year
‚āļ9.73
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
‚āļ3.87
Return On Investment
26.8%

For what price can you sell your share?

Current Price per Share
‚āļ14.41
Expected price per share
‚āļ9.39 - ‚āļ15.97
How sure are you?
50%

1. Valuation of Karsan (5 min.)




Live pricePrice per Share (EOD)

‚āļ14.41

Intrinsic Value Per Share

‚āļ4.22 - ‚āļ5.02

Total Value Per Share

‚āļ10.08 - ‚āļ10.89

2. Growth of Karsan (5 min.)




Is Karsan growing?

Current yearPrevious yearGrowGrow %
How rich?$160.9m$42m$44.1m51.2%

How much money is Karsan making?

Current yearPrevious yearGrowGrow %
Making money$4.8m$957.3k$3.8m80.3%
Net Profit Margin4.1%-0.6%--

How much money comes from the company's main activities?

3. Financial Health of Karsan (5 min.)




4. Comparing to competitors in the Auto Manufacturers industry (5 min.)




  Industry Rankings (Auto Manufacturers)  


Richest
#93 / 122

Most Revenue
#93 / 122

Most Profit
#68 / 122

What can you expect buying and holding a share of Karsan? (5 min.)

Welcome investor! Karsan's management wants to use your money to grow the business. In return you get a share of Karsan.

What can you expect buying and holding a share of Karsan?

First you should know what it really means to hold a share of Karsan. And how you can make/lose money.

Speculation

The Price per Share of Karsan is ‚āļ14.41. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Karsan.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Karsan, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚āļ5.86. Based on the TTM, the Book Value Change Per Share is ‚āļ0.97 per quarter. Based on the YOY, the Book Value Change Per Share is ‚āļ0.22 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚āļ0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Karsan.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚āļ% of Price per Share‚āļ% of Price per Share‚āļ% of Price per Share‚āļ% of Price per Share‚āļ% of Price per Share
Usd Eps0.020.1%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.100.7%0.030.2%0.010.0%0.010.1%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.100.7%0.030.2%0.010.0%0.010.1%0.000.0%
Usd Price Per Share0.26-0.29-0.25-0.16-0.10-
Price to Earnings Ratio3.06-16.59-222.31-50.64--14.64-
Price-to-Total Gains Ratio2.62-29,747.76-124.76-5,890.23-2,956.40-
Price to Book Ratio1.45-3.68-5.46-3.98-4.17-
Price-to-Total Gains Ratio2.62-29,747.76-124.76-5,890.23-2,956.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.439505
Number of shares2275
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.01
Usd Total Gains Per Share0.030.01
Gains per Quarter (2275 shares)67.0519.08
Gains per Year (2275 shares)268.1976.33
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1026825807666
205365260153142
308057940229218
40107310620305294
50134113300382370
60160915980458446
70187718660534522
80214621340611598
90241424020687674
100268226700763750

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%17.011.012.042.5%23.011.036.032.9%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%14.06.00.070.0%22.018.00.055.0%35.029.06.050.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%1.00.039.02.5%2.00.068.02.9%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%14.06.00.070.0%22.018.00.055.0%35.029.06.050.0%

Fundamentals of Karsan

About Karsan Otomotiv Sanayi ve Ticaret AS

Karsan Otomotiv Sanayii ve Ticaret A.S. engages in the production and sale of automotives and related vehicles, and spare parts in Turkey and internationally. The company provides trucks, minivans, autonomous bus, and electric and diesel busses. It also offers after-sales and marketing services. The company sells its products under the JEST, ATAK, and STAR brand names. The company was incorporated in 1966 and is headquartered in Bursa, Turkey. Karsan Otomotiv Sanayii ve Ticaret A.S. is a subsidiary of Kiraça Holding A.S.

Fundamental data was last updated by Penke on 2024-06-07 21:29:07.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Karsan Otomotiv Sanayi ve Ticaret AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Karsan earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare¬†Karsan to the¬†Auto Manufacturers industry mean.
  • A Net Profit Margin of 15.8%¬†means that¬†₤0.16 for each ₤1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 15.8%. The company is making a huge profit. +2
  • The TTM is 4.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ15.8%TTM4.1%+11.6%
TTM4.1%YOY-0.6%+4.8%
TTM4.1%5Y1.5%+2.6%
5Y1.5%10Y0.9%+0.6%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ15.8%3.8%+12.0%
TTM4.1%4.3%-0.2%
YOY-0.6%3.6%-4.2%
5Y1.5%2.8%-1.3%
10Y0.9%3.2%-2.3%
1.1.2. Return on Assets

Shows how efficient Karsan is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Karsan to the¬†Auto Manufacturers industry mean.
  • 4.9% Return on Assets means that¬†Karsan generated¬†₤0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 4.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.9%TTM1.3%+3.6%
TTM1.3%YOY0.5%+0.8%
TTM1.3%5Y0.5%+0.7%
5Y0.5%10Y0.3%+0.2%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%0.7%+4.2%
TTM1.3%1.0%+0.3%
YOY0.5%0.9%-0.4%
5Y0.5%0.7%-0.2%
10Y0.3%0.6%-0.3%
1.1.3. Return on Equity

Shows how efficient Karsan is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Karsan to the¬†Auto Manufacturers industry mean.
  • 12.0% Return on Equity means Karsan generated ₤0.12¬†for each¬†₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 12.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 3.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ12.0%TTM3.3%+8.7%
TTM3.3%YOY1.9%+1.4%
TTM3.3%5Y1.8%+1.5%
5Y1.8%10Y1.0%+0.8%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ12.0%2.4%+9.6%
TTM3.3%2.7%+0.6%
YOY1.9%2.2%-0.3%
5Y1.8%2.1%-0.3%
10Y1.0%2.0%-1.0%

1.2. Operating Efficiency of Karsan Otomotiv Sanayi ve Ticaret AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Karsan is operating .

  • Measures how much profit Karsan 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¬†Karsan to the¬†Auto Manufacturers 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 Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.3%-10.3%
TTM10.3%YOY7.6%+2.8%
TTM10.3%5Y16.4%-6.1%
5Y16.4%10Y10.5%+5.8%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.8%-5.8%
TTM10.3%3.0%+7.3%
YOY7.6%4.7%+2.9%
5Y16.4%3.3%+13.1%
10Y10.5%3.8%+6.7%
1.2.2. Operating Ratio

Measures how efficient Karsan is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Auto Manufacturers industry mean).
  • An Operation Ratio of 1.93 means that the operating costs are ₤1.93 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 1.928. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.630. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.928TTM1.630+0.298
TTM1.630YOY1.688-0.058
TTM1.6305Y1.633-0.003
5Y1.63310Y1.347+0.286
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9281.585+0.343
TTM1.6301.600+0.030
YOY1.6881.551+0.137
5Y1.6331.605+0.028
10Y1.3471.379-0.032

1.3. Liquidity of Karsan Otomotiv Sanayi ve Ticaret AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Karsan is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Auto Manufacturers industry mean).
  • A Current Ratio of 0.97¬†means the company has ₤0.97 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 0.965. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.929. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.965TTM0.929+0.037
TTM0.929YOY0.938-0.009
TTM0.9295Y0.991-0.063
5Y0.99110Y0.672+0.319
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9651.193-0.228
TTM0.9291.194-0.265
YOY0.9381.237-0.299
5Y0.9911.236-0.245
10Y0.6721.152-0.480
1.3.2. Quick Ratio

Measures if Karsan is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Karsan to the¬†Auto Manufacturers industry mean.
  • A Quick Ratio of 0.39¬†means the company can pay off ₤0.39 for each ₤1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 0.386. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.468. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.386TTM0.468-0.082
TTM0.468YOY0.518-0.050
TTM0.4685Y0.595-0.126
5Y0.59510Y0.539+0.055
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3860.498-0.112
TTM0.4680.524-0.056
YOY0.5180.649-0.131
5Y0.5950.750-0.155
10Y0.5390.722-0.183

1.4. Solvency of Karsan Otomotiv Sanayi ve Ticaret AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Karsan assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Karsan to Auto Manufacturers industry mean.
  • A Debt to Asset Ratio of 0.59¬†means that Karsan assets are¬†financed with 58.5% credit (debt) and the remaining percentage (100% - 58.5%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 0.585. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.697. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.585TTM0.697-0.111
TTM0.697YOY0.741-0.044
TTM0.6975Y0.751-0.054
5Y0.75110Y0.784-0.033
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5850.626-0.041
TTM0.6970.637+0.060
YOY0.7410.633+0.108
5Y0.7510.635+0.116
10Y0.7840.631+0.153
1.4.2. Debt to Equity Ratio

Measures if Karsan is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Karsan to the¬†Auto Manufacturers industry mean.
  • A Debt to Equity ratio of 142.1% means that company has ₤1.42 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The MRQ is 1.421. The company is able to pay all its debts with equity. +1
  • The TTM is 2.466. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.421TTM2.466-1.045
TTM2.466YOY3.004-0.539
TTM2.4665Y3.274-0.809
5Y3.27410Y3.899-0.625
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4211.722-0.301
TTM2.4661.813+0.653
YOY3.0041.767+1.237
5Y3.2741.914+1.360
10Y3.8991.971+1.928

2. Market Valuation of Karsan Otomotiv Sanayi ve Ticaret AS

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₤1 in earnings Karsan generates.

  • Above 15 is considered overpriced but¬†always compare¬†Karsan to the¬†Auto Manufacturers industry mean.
  • A PE ratio of 3.06 means the investor is paying ₤3.06¬†for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The EOD is 5.164. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.057. Based on the earnings, the company is cheap. +2
  • The TTM is 16.587. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.164MRQ3.057+2.107
MRQ3.057TTM16.587-13.530
TTM16.587YOY222.312-205.726
TTM16.5875Y50.635-34.048
5Y50.63510Y-14.636+65.271
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD5.1646.917-1.753
MRQ3.0577.033-3.976
TTM16.5876.267+10.320
YOY222.3126.569+215.743
5Y50.6357.660+42.975
10Y-14.63611.569-26.205
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The EOD is 8.774. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.194. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.608. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.774MRQ5.194+3.580
MRQ5.194TTM2.608+2.586
TTM2.608YOY40.086-37.478
TTM2.6085Y-27.173+29.781
5Y-27.17310Y-13.586-13.586
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD8.774-1.727+10.501
MRQ5.194-2.087+7.281
TTM2.6080.077+2.531
YOY40.0861.538+38.548
5Y-27.1731.056-28.229
10Y-13.5860.623-14.209
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Karsan is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Auto Manufacturers industry mean).
  • A PB ratio of 1.45 means the investor is paying ₤1.45¬†for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of Karsan Otomotiv Sanayi ve Ticaret AS:

  • The EOD is 2.457. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.455. Based on the equity, the company is underpriced. +1
  • The TTM is 3.678. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.457MRQ1.455+1.003
MRQ1.455TTM3.678-2.224
TTM3.678YOY5.461-1.782
TTM3.6785Y3.980-0.302
5Y3.98010Y4.168-0.188
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD2.4571.276+1.181
MRQ1.4551.472-0.017
TTM3.6781.502+2.176
YOY5.4611.482+3.979
5Y3.9801.775+2.205
10Y4.1681.973+2.195
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Karsan Otomotiv Sanayi ve Ticaret 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 Change Per Share--3.2540.966+237%0.224+1355%0.275+1083%0.137+2270%
Book Value Per Share--5.8643.139+87%1.532+283%1.360+331%0.842+597%
Current Ratio--0.9650.929+4%0.938+3%0.991-3%0.672+44%
Debt To Asset Ratio--0.5850.697-16%0.741-21%0.751-22%0.784-25%
Debt To Equity Ratio--1.4212.466-42%3.004-53%3.274-57%3.899-64%
Dividend Per Share----0%-0%-0%0.000-100%
Eps--0.6980.177+295%0.035+1900%0.050+1296%0.025+2641%
Free Cash Flow Per Share--0.4110.246+67%-0.184+145%0.053+674%0.053+674%
Free Cash Flow To Equity Per Share--0.4110.036+1045%-0.055+113%-0.001+100%-0.001+100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.700+43%
Intrinsic Value_10Y_max--5.021--------
Intrinsic Value_10Y_min--4.217--------
Intrinsic Value_1Y_max--0.191--------
Intrinsic Value_1Y_min--0.188--------
Intrinsic Value_3Y_max--0.812--------
Intrinsic Value_3Y_min--0.771--------
Intrinsic Value_5Y_max--1.720--------
Intrinsic Value_5Y_min--1.576--------
Market Cap12969000000.000+41%7677000000.0008610750000.000-11%7440750000.000+3%4589550000.000+67%2913752250.000+163%
Net Profit Margin--0.1580.041+282%-0.006+104%0.015+946%0.009+1667%
Operating Margin---0.103-100%0.076-100%0.164-100%0.105-100%
Operating Ratio--1.9281.630+18%1.688+14%1.633+18%1.347+43%
Pb Ratio2.457+41%1.4553.678-60%5.461-73%3.980-63%4.168-65%
Pe Ratio5.164+41%3.05716.587-82%222.312-99%50.635-94%-14.636+579%
Price Per Share14.410+41%8.5309.568-11%8.268+3%5.100+67%3.238+163%
Price To Free Cash Flow Ratio8.774+41%5.1942.608+99%40.086-87%-27.173+623%-13.586+362%
Price To Total Gains Ratio4.428+41%2.62129747.761-100%124.758-98%5890.234-100%2956.400-100%
Quick Ratio--0.3860.468-18%0.518-25%0.595-35%0.539-28%
Return On Assets--0.0490.013+284%0.005+982%0.005+807%0.003+1533%
Return On Equity--0.1200.033+262%0.019+530%0.018+567%0.010+1089%
Total Gains Per Share--3.2540.966+237%0.224+1355%0.275+1083%0.137+2269%
Usd Book Value--160969118.00086165496.625+87%42055115.625+283%37341365.713+331%23109829.730+597%
Usd Book Value Change Per Share--0.0990.029+237%0.007+1355%0.008+1083%0.004+2270%
Usd Book Value Per Share--0.1790.096+87%0.047+283%0.041+331%0.026+597%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Eps--0.0210.005+295%0.001+1900%0.002+1296%0.001+2641%
Usd Free Cash Flow--11270360.0006760881.625+67%-5052393.625+145%1164996.300+867%582498.150+1835%
Usd Free Cash Flow Per Share--0.0130.008+67%-0.006+145%0.002+674%0.002+674%
Usd Free Cash Flow To Equity Per Share--0.0130.001+1045%-0.002+113%0.000+100%0.000+100%
Usd Market Cap395554500.000+41%234148500.000262627875.000-11%226942875.000+3%139981275.000+67%88869443.625+163%
Usd Price Per Share0.440+41%0.2600.292-11%0.252+3%0.156+67%0.099+163%
Usd Profit--19150218.0004853884.375+295%957303.500+1900%1371527.831+1296%698678.496+2641%
Usd Revenue--121559915.50059655422.750+104%22832170.375+432%25203776.210+382%16807942.791+623%
Usd Total Gains Per Share--0.0990.029+237%0.007+1355%0.008+1083%0.004+2269%
 EOD+4 -4MRQTTM+25 -8YOY+28 -55Y+26 -710Y+27 -9

3.2. Fundamental Score

Let's check the fundamental score of Karsan Otomotiv Sanayi ve Ticaret AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.164
Price to Book Ratio (EOD)Between0-12.457
Net Profit Margin (MRQ)Greater than00.158
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.386
Current Ratio (MRQ)Greater than10.965
Debt to Asset Ratio (MRQ)Less than10.585
Debt to Equity Ratio (MRQ)Less than11.421
Return on Equity (MRQ)Greater than0.150.120
Return on Assets (MRQ)Greater than0.050.049
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Karsan Otomotiv Sanayi ve Ticaret AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.360
Ma 20Greater thanMa 5012.582
Ma 50Greater thanMa 10012.532
Ma 100Greater thanMa 20011.374
OpenGreater thanClose13.200
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Operating Income  272,012-109,998162,014214,681376,695-223,655153,040-298,417-145,377
Interest Expense  117,271101,731219,002511,530730,532-377,409353,123-787,112-433,989



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TRY. All numbers in thousands.

Summary
Total Assets12,729,510
Total Liabilities7,451,834
Total Stockholder Equity5,244,514
 As reported
Total Liabilities 7,451,834
Total Stockholder Equity+ 5,244,514
Total Assets = 12,729,510

Assets

Total Assets12,729,510
Total Current Assets5,765,902
Long-term Assets6,963,608
Total Current Assets
Cash And Cash Equivalents 1,027,082
Short-term Investments 118,423
Net Receivables 2,188,095
Inventory 1,255,500
Other Current Assets 18,672
Total Current Assets  (as reported)5,765,902
Total Current Assets  (calculated)4,607,772
+/- 1,158,130
Long-term Assets
Property Plant Equipment 4,155,750
Goodwill 47,212
Intangible Assets 1,179,466
Long-term Assets  (as reported)6,963,608
Long-term Assets  (calculated)5,382,428
+/- 1,581,180

Liabilities & Shareholders' Equity

Total Current Liabilities5,972,254
Long-term Liabilities1,479,580
Total Stockholder Equity5,244,514
Total Current Liabilities
Short Long Term Debt 3,021,348
Accounts payable 1,877,052
Other Current Liabilities 770
Total Current Liabilities  (as reported)5,972,254
Total Current Liabilities  (calculated)4,899,170
+/- 1,073,084
Long-term Liabilities
Long term Debt 743,332
Capital Lease Obligations Min Short Term Debt41,673
Long-term Liabilities  (as reported)1,479,580
Long-term Liabilities  (calculated)785,005
+/- 694,575
Total Stockholder Equity
Total Stockholder Equity (as reported)5,244,514
Total Stockholder Equity (calculated)0
+/- 5,244,514
Other
Capital Stock900,000
Common Stock Shares Outstanding 900,000
Net Debt 2,737,598
Net Invested Capital 9,009,194
Net Working Capital -206,352
Property Plant and Equipment Gross 5,163,555



Balance Sheet

Currency in TRY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-03-312004-12-312003-12-312002-12-31
> Total Assets 
126,911,435,000
163,602
189,549
0
162,883
162,883
162,780
153,821
143,051
143,051
0
168,220
195,307
195,307
0
380,198
472,514
402,267
377,012
310,098
327,983
384,850
415,502
474,965
475,332
477,858
468,194
494,820
559,015
631,206
728,622
873,220
1,018,052
1,066,802
1,031,493
1,064,897
1,117,444
1,135,461
1,134,688
1,209,008
1,471,630
1,753,667
1,669,804
1,669,328
1,805,712
1,804,931
1,603,313
1,663,704
1,730,559
1,869,600
1,826,045
1,947,722
2,112,830
2,499,669
2,359,885
2,454,263
2,544,774
2,594,365
2,535,950
2,527,838
2,623,012
2,878,340
2,716,947
2,813,294
2,974,972
2,902,559
3,737,266
4,010,401
4,895,343
5,713,953
6,301,083
6,887,771
7,644,797
8,062,123
12,729,510
12,729,5108,062,1237,644,7976,887,7716,301,0835,713,9534,895,3434,010,4013,737,2662,902,5592,974,9722,813,2942,716,9472,878,3402,623,0122,527,8382,535,9502,594,3652,544,7742,454,2632,359,8852,499,6692,112,8301,947,7221,826,0451,869,6001,730,5591,663,7041,603,3131,804,9311,805,7121,669,3281,669,8041,753,6671,471,6301,209,0081,134,6881,135,4611,117,4441,064,8971,031,4931,066,8021,018,052873,220728,622631,206559,015494,820468,194477,858475,332474,965415,502384,850327,983310,098377,012402,267472,514380,1980195,307195,307168,2200143,051143,051153,821162,780162,883162,8830189,549163,602126,911,435,000
   > 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
0
0
0
593,457
732,621
644,129
815,525
887,424
1,189,547
1,035,696
1,106,770
1,342,164
1,379,291
1,300,368
1,379,342
1,378,209
1,623,853
1,545,117
1,686,743
1,730,865
1,556,049
1,925,327
2,316,096
2,928,455
2,904,239
3,255,933
3,710,038
4,369,700
4,055,643
5,765,902
5,765,9024,055,6434,369,7003,710,0383,255,9332,904,2392,928,4552,316,0961,925,3271,556,0491,730,8651,686,7431,545,1171,623,8531,378,2091,379,3421,300,3681,379,2911,342,1641,106,7701,035,6961,189,547887,424815,525644,129732,621593,457000000000000000000000000000000000000000000000000
       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
0
0
0
8,589
7,485
16,242
21,005
38,937
10,689
82,769
14,889
52,309
23,627
47,239
34,530
16,435
27,800
69,837
34,805
59,448
63,096
103,061
297,430
65,868
42,779
44,731
156,892
125,715
206,591
1,027,082
1,027,082206,591125,715156,89244,73142,77965,868297,430103,06163,09659,44834,80569,83727,80016,43534,53047,23923,62752,30914,88982,76910,68938,93721,00516,2427,4858,589000000000000000000000000000000000000000000000000
       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
7,892
28,003
0
30,495
33,080
21,974
2,466
13,077
49,154
65,374
0
32,619
32,658
9,112
0
0
139,654
114,087
146,621
93,194
119,575
127,325
118,423
118,423127,325119,57593,194146,621114,087139,654009,11232,65832,619065,37449,15413,0772,46621,97433,08030,495028,0037,8920000000000000000000000000000000000000000000000000000
       Net Receivables 
11,496,196,000
12,254
24,555
0
27,591
27,591
24,442
27,511
17,819
17,819
0
20,868
49,627
49,627
0
60,422
95,929
64,063
66,251
32,125
30,091
34,600
49,859
57,792
59,981
78,868
62,582
73,625
93,468
117,724
156,597
167,261
180,810
204,127
256,864
151,256
144,975
150,242
176,485
175,815
192,234
236,844
291,511
225,195
305,425
288,689
267,029
286,515
350,930
484,175
441,606
468,050
576,800
714,405
564,966
521,140
606,136
700,389
920,422
959,063
878,726
1,137,618
1,112,083
1,098,321
1,169,522
944,266
1,063,613
1,035,174
1,679,524
1,449,445
1,829,108
2,067,484
2,589,615
1,545,774
2,188,095
2,188,0951,545,7742,589,6152,067,4841,829,1081,449,4451,679,5241,035,1741,063,613944,2661,169,5221,098,3211,112,0831,137,618878,726959,063920,422700,389606,136521,140564,966714,405576,800468,050441,606484,175350,930286,515267,029288,689305,425225,195291,511236,844192,234175,815176,485150,242144,975151,256256,864204,127180,810167,261156,597117,72493,46873,62562,58278,86859,98157,79249,85934,60030,09132,12566,25164,06395,92960,422049,62749,62720,868017,81917,81927,51124,44227,59127,591024,55512,25411,496,196,000
       Other Current Assets 
181,899,000
569
1,051
0
1,625
1,625
1,456
930
633
633
0
781
980
980
0
23,177
30,420
21,086
16,765
13,269
18,284
22,575
33,787
46,165
38,933
48,457
49,512
53,507
64,707
69,609
7,514
97,391
130,715
142,782
53,141
168,325
133,486
136,577
56,497
89,368
99,092
149,116
108,009
138,228
112,178
108,538
79,657
81,961
75,151
82,578
59,080
173,372
80,378
194,654
198,832
512
795
623
193,481
186,562
166,793
148,036
166,876
230,288
169,793
169,462
422,310
133,265
109,465
231,915
379,975
253,337
404,326
15,429
18,672
18,67215,429404,326253,337379,975231,915109,465133,265422,310169,462169,793230,288166,876148,036166,793186,562193,481623795512198,832194,65480,378173,37259,08082,57875,15181,96179,657108,538112,178138,228108,009149,11699,09289,36856,497136,577133,486168,32553,141142,782130,71597,3917,51469,60964,70753,50749,51248,45738,93346,16533,78722,57518,28413,26916,76521,08630,42023,177098098078106336339301,4561,6251,62501,051569181,899,000
   > 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
0
0
0
1,347,493
1,202,610
1,215,074
1,235,582
1,148,496
1,244,803
1,254,487
1,171,830
1,126,551
1,244,107
1,346,510
1,811,939
1,694,305
1,966,888
2,809,714
3,045,150
3,177,733
3,275,097
4,006,480
6,963,608
6,963,6084,006,4803,275,0973,177,7333,045,1502,809,7141,966,8881,694,3051,811,9391,346,5101,244,1071,126,5511,171,8301,254,4871,244,8031,148,4961,235,5821,215,0741,202,6101,347,4930000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
95,906,191,000
107,256
103,209
0
97,627
97,627
95,908
91,932
87,451
87,451
0
86,047
89,523
89,523
0
102,773
168,149
166,500
166,762
172,904
175,978
220,290
217,540
217,216
218,797
219,026
243,990
246,594
249,864
282,755
331,566
334,985
342,452
347,963
295,779
321,670
396,690
399,146
409,093
430,724
460,071
446,315
450,715
436,289
447,857
462,797
445,227
454,897
476,513
467,619
463,850
466,516
473,713
486,854
561,416
519,599
453,068
452,194
468,292
469,130
543,861
533,537
543,240
554,287
565,118
586,036
784,823
872,881
926,267
2,011,204
1,818,472
1,894,333
1,941,646
2,843,111
4,155,750
4,155,7502,843,1111,941,6461,894,3331,818,4722,011,204926,267872,881784,823586,036565,118554,287543,240533,537543,861469,130468,292452,194453,068519,599561,416486,854473,713466,516463,850467,619476,513454,897445,227462,797447,857436,289450,715446,315460,071430,724409,093399,146396,690321,670295,779347,963342,452334,985331,566282,755249,864246,594243,990219,026218,797217,216217,540220,290175,978172,904166,762166,500168,149102,773089,52389,52386,047087,45187,45191,93295,90897,62797,6270103,209107,25695,906,191,000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
10,645
47,212
47,21210,64510,64510,64510,64510,64510,64510,64510,64510,64510,64510,64510,64510,64510,64510,64510,6450000000000000000000000000000000000000000000000000000000000
       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
0
0
0
5,696
5,696
9,726
9,726
9,724
25,580
98,905
127,816
153,265
155,374
150,613
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000150,613155,374153,265127,81698,90525,5809,7249,7269,7265,6965,696000000000000000000000000000000000000000000000000
       Intangible Assets 
393,819,000
995
2,974
0
8,761
8,761
8,427
10,119
2,134
2,134
0
1,742
1,479
1,479
0
897
710
593
496
402
321
354
22,513
21,770
21,298
21,965
22,936
22,150
1,216
1,121
3,883
8,679
8,592
10,611
16,863
99,956
110,921
138,295
20,114
148,562
226,220
136,548
4,251
184,449
185,742
183,772
4,837
183,907
5,169
4,694
5,050
5,270
5,814
5,690
5,625
234,548
228,303
229,259
224,811
217,294
213,446
210,761
286,545
280,395
271,453
264,865
347,066
334,587
322,026
309,746
307,818
299,937
291,931
276,077
1,179,466
1,179,466276,077291,931299,937307,818309,746322,026334,587347,066264,865271,453280,395286,545210,761213,446217,294224,811229,259228,303234,5485,6255,6905,8145,2705,0504,6945,169183,9074,837183,772185,742184,4494,251136,548226,220148,56220,114138,295110,92199,95616,86310,6118,5928,6793,8831,1211,21622,15022,93621,96521,29821,77022,51335432140249659371089701,4791,4791,74202,1342,13410,1198,4278,7618,76102,974995393,819,000
       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
0
0
0
1,347,493
1,202,610
1,215,074
21
1,148,496
34,763
0
0
0
1
0
0
-453,010
0
0
0
0
0
-2
0
0-200000-453,01000100034,7631,148,496211,215,0741,202,6101,347,4930000000000000000000000000000000000000000000000000000000
> Total Liabilities 
47,241,079,000
60,210
84,711
0
105,040
105,040
101,219
105,408
96,165
96,165
0
62,448
87,108
87,108
0
315,385
370,210
309,820
249,424
195,374
220,880
245,723
304,663
371,256
358,816
308,228
313,689
343,940
416,893
475,570
475,771
632,475
775,553
739,217
698,027
742,897
802,813
844,704
901,843
994,435
1,190,447
1,480,424
1,427,936
1,454,545
1,539,572
1,532,571
1,283,032
1,362,271
1,421,939
1,516,111
1,471,041
1,614,515
1,805,491
2,209,158
2,032,321
2,145,795
2,195,577
2,042,586
1,872,415
1,873,380
1,969,985
2,219,502
1,988,781
2,102,245
2,295,631
2,183,987
2,743,373
3,071,058
3,894,069
3,938,239
4,501,989
5,050,834
5,807,789
5,713,351
7,451,834
7,451,8345,713,3515,807,7895,050,8344,501,9893,938,2393,894,0693,071,0582,743,3732,183,9872,295,6312,102,2451,988,7812,219,5021,969,9851,873,3801,872,4152,042,5862,195,5772,145,7952,032,3212,209,1581,805,4911,614,5151,471,0411,516,1111,421,9391,362,2711,283,0321,532,5711,539,5721,454,5451,427,9361,480,4241,190,447994,435901,843844,704802,813742,897698,027739,217775,553632,475475,771475,570416,893343,940313,689308,228358,816371,256304,663245,723220,880195,374249,424309,820370,210315,385087,10887,10862,448096,16596,165105,408101,219105,040105,040084,71160,21047,241,079,000
   > Total Current Liabilities 
21,257,931,000
42,081
61,968
0
30,627
30,627
33,652
21,979
26,752
26,752
0
19,737
45,393
45,393
0
313,363
367,744
307,564
246,810
172,642
177,985
190,319
242,737
297,552
312,205
234,207
210,292
290,330
375,210
443,043
281,994
322,812
577,825
475,022
221,401
403,265
329,843
376,074
210,865
437,704
668,919
835,135
547,975
794,226
950,077
952,029
618,616
786,023
868,845
946,860
426,247
682,771
915,687
1,079,058
1,242,154
1,414,837
1,534,964
1,474,835
1,376,060
1,364,725
1,231,666
1,214,169
1,104,709
1,444,332
1,793,502
1,681,088
2,137,461
2,409,127
3,079,747
3,101,364
3,610,534
4,127,588
4,534,290
4,575,778
5,972,254
5,972,2544,575,7784,534,2904,127,5883,610,5343,101,3643,079,7472,409,1272,137,4611,681,0881,793,5021,444,3321,104,7091,214,1691,231,6661,364,7251,376,0601,474,8351,534,9641,414,8371,242,1541,079,058915,687682,771426,247946,860868,845786,023618,616952,029950,077794,226547,975835,135668,919437,704210,865376,074329,843403,265221,401475,022577,825322,812281,994443,043375,210290,330210,292234,207312,205297,552242,737190,319177,985172,642246,810307,564367,744313,363045,39345,39319,737026,75226,75221,97933,65230,62730,627061,96842,08121,257,931,000
       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
0
0
0
1,100,331
161,373
69,014
178,553
264,346
349,484
501,725
987,243
1,107,255
1,080,349
1,050,818
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,050,8181,080,3491,107,255987,243501,725349,484264,346178,55369,014161,3731,100,331000000000000000000000000000000000000000000000000
       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
0
0
0
1,100,331
161,373
69,014
178,553
264,346
349,484
501,725
987,243
1,107,255
1,080,349
1,050,818
1,058,070
874,088
806,041
689,573
1,042,677
1,379,906
1,201,545
1,468,039
1,776,323
2,150,332
2,131,945
2,454,171
2,433,189
2,522,019
2,759,947
3,021,348
3,021,3482,759,9472,522,0192,433,1892,454,1712,131,9452,150,3321,776,3231,468,0391,201,5451,379,9061,042,677689,573806,041874,0881,058,0701,050,8181,080,3491,107,255987,243501,725349,484264,346178,55369,014161,3731,100,331000000000000000000000000000000000000000000000000
       Accounts payable 
6,079,050,000
23,390
11,038
0
7,736
7,736
7,349
4,508
10,518
10,518
0
11,748
35,765
35,765
0
69,675
90,958
48,323
55,193
81,842
114,688
123,467
165,315
187,384
181,852
138,400
151,980
132,112
144,535
162,313
181,616
199,452
260,065
202,044
126,941
102,745
56,771
61,401
68,009
81,732
162,474
228,661
214,857
146,447
223,817
212,966
129,165
120,828
146,588
181,586
188,724
231,497
251,571
274,859
247,830
293,504
304,877
284,720
229,844
186,123
250,196
298,782
307,640
296,509
270,703
322,568
479,224
422,965
667,987
750,172
956,600
1,416,561
1,296,605
817,350
1,877,052
1,877,052817,3501,296,6051,416,561956,600750,172667,987422,965479,224322,568270,703296,509307,640298,782250,196186,123229,844284,720304,877293,504247,830274,859251,571231,497188,724181,586146,588120,828129,165212,966223,817146,447214,857228,661162,47481,73268,00961,40156,771102,745126,941202,044260,065199,452181,616162,313144,535132,112151,980138,400181,852187,384165,315123,467114,68881,84255,19348,32390,95869,675035,76535,76511,748010,51810,5184,5087,3497,7367,736011,03823,3906,079,050,000
       Other Current Liabilities 
5,859,327,000
8,671
13,407
0
3,888
3,889
6,247
5,992
6,217
6,217
0
7,099
8,571
8,571
0
14,223
20,456
16,497
15,453
11,044
10,989
11,922
20,251
19,252
19,615
32,286
13,920
22,646
16,409
16,337
40,463
25,385
43,557
30,855
12,404
22,168
24,860
28,514
26,202
45,767
32,544
39,205
50,281
49,843
91,342
71,304
136,341
111,108
137,580
93,537
64,930
68,875
71,836
76,629
100,132
575
1,702
6,567
76,222
66,266
84,233
87,323
59,389
72,511
110,770
124,661
126,454
147,598
219,133
179,450
107,263
135,722
205,211
611
770
770611205,211135,722107,263179,450219,133147,598126,454124,661110,77072,51159,38987,32384,23366,26676,2226,5671,702575100,13276,62971,83668,87564,93093,537137,580111,108136,34171,30491,34249,84350,28139,20532,54445,76726,20228,51424,86022,16812,40430,85543,55725,38540,46316,33716,40922,64613,92032,28619,61519,25220,25111,92210,98911,04415,45316,49720,45614,22308,5718,5717,09906,2176,2175,9926,2473,8893,888013,4078,6715,859,327,000
   > 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
0
0
0
730,958
660,613
567,751
496,355
508,655
738,319
1,005,333
884,072
657,913
502,129
502,899
605,912
661,931
814,322
836,875
891,455
923,246
1,273,499
1,137,573
1,479,580
1,479,5801,137,5731,273,499923,246891,455836,875814,322661,931605,912502,899502,129657,913884,0721,005,333738,319508,655496,355567,751660,613730,9580000000000000000000000000000000000000000000000000000000
       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
0
0
0
-1,100,331
-161,373
-69,014
-178,553
-264,346
-349,484
-501,725
-927,203
-1,050,809
-1,033,932
-1,038,925
37,694
2,428
314
38,521
24,430
24,095
29,618
32,344
26,023
30,144
22,884
25,971
33,361
34,580
15,035
41,673
41,67315,03534,58033,36125,97122,88430,14426,02332,34429,61824,09524,43038,5213142,42837,694-1,038,925-1,033,932-1,050,809-927,203-501,725-349,484-264,346-178,553-69,014-161,373-1,100,331000000000000000000000000000000000000000000000000
       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
176,837
193,436
212,718
205,700
198,554
191,677
189,982
229,011
222,727
218,790
222,084
214,315
209,876
205,407
281,882
275,879
266,074
259,444
262,887
252,019
241,853
230,290
224,551
211,730
202,943
0
0
00202,943211,730224,551230,290241,853252,019262,887259,444266,074275,879281,882205,407209,876214,315222,084218,790222,727229,011189,982191,677198,554205,700212,718193,436176,837000000000000000000000000000000000000000000000000
> Total Stockholder Equity
79,670,356,000
103,391
104,838
104,838
57,843
57,843
61,561
48,413
46,886
46,886
46,886
105,773
108,199
108,199
108,199
64,812
102,999
93,796
130,408
120,655
113,580
143,899
119,952
113,511
128,440
169,996
156,749
153,958
145,502
160,427
259,812
248,469
252,318
339,485
341,878
331,340
325,342
302,616
256,543
238,187
303,183
297,558
273,868
249,640
314,085
285,488
344,854
328,052
335,987
353,489
355,004
333,207
307,339
290,512
327,564
308,468
349,197
557,055
669,165
662,314
662,111
668,919
733,396
717,714
684,835
724,399
989,738
940,544
982,935
1,754,204
1,768,812
1,826,973
1,806,866
2,319,802
5,244,514
5,244,5142,319,8021,806,8661,826,9731,768,8121,754,204982,935940,544989,738724,399684,835717,714733,396668,919662,111662,314669,165557,055349,197308,468327,564290,512307,339333,207355,004353,489335,987328,052344,854285,488314,085249,640273,868297,558303,183238,187256,543302,616325,342331,340341,878339,485252,318248,469259,812160,427145,502153,958156,749169,996128,440113,511119,952143,899113,580120,655130,40893,796102,99964,812108,199108,199108,199105,77346,88646,88646,88648,41361,56157,84357,843104,838104,838103,39179,670,356,000
   Common Stock
4,800,000,000
19,200
19,200
0
19,200
19,200
19,200
40,000
40,000
40,000
0
100,000
100,000
100,000
0
100,000
100,000
100,000
150,000
150,000
150,000
195,553
195,553
195,553
195,553
195,553
260,000
260,000
260,000
260,000
260,000
260,000
260,000
260,000
460,000
460,000
460,000
460,000
460,000
460,000
460,000
460,000
460,000
460,000
460,000
460,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
900,000
0
0
00900,000900,000900,000900,000900,000900,000900,000900,000900,000900,000900,000900,000900,000900,000900,000600,000600,000600,000600,000600,000600,000600,000600,000600,000600,000600,000600,000460,000460,000460,000460,000460,000460,000460,000460,000460,000460,000460,000460,000260,000260,000260,000260,000260,000260,000260,000260,000195,553195,553195,553195,553195,553150,000150,000150,000100,000100,000100,0000100,000100,000100,000040,00040,00040,00019,20019,20019,200019,20019,2004,800,000,000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000
   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
0
0
0
181,067
181,116
171,764
162,882
150,514
133,891
195,037
207,773
163,775
366,679
175,278
176,844
172,248
168,734
219,207
220,315
218,690
223,621
376,656
382,605
353,145
1,122,269
1,030,184
1,051,688
993,750
0
0
00993,7501,051,6881,030,1841,122,269353,145382,605376,656223,621218,690220,315219,207168,734172,248176,844175,278366,679163,775207,773195,037133,891150,514162,882171,764181,116181,067000000000000000000000000000000000000000000000000



Balance Sheet

Currency in TRY. All numbers in thousands.




Cash Flow

Currency in TRY. All numbers in thousands.