Alfa Solar Enerji Sanayi ve Ticaret A.S. (IST:ALFAS)

IST:ALFAS Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,367	975.13	1,171	1,487	1,353	123.14
Trading Asset Securities	-	104.04	251.67	580.79	54.95	-
Accounts Receivable	1,682	1,187	932.21	245.45	99.39	51.68
Other Receivables	14.83	39.12	121.29	211.79	83.09	39.23
Inventory	2,982	2,837	2,309	2,631	1,206	176.47
Prepaid Expenses	1,192	13.27	8.36	252	1.07	0.09
Other Current Assets	398.08	156.08	220.43	0.42	0.45	12.05
Total Current Assets	7,636	5,311	5,014	5,408	2,797	402.67
Property, Plant & Equipment	5,607	5,254	3,457	1,919	459.75	37.87
Other Intangible Assets	207.22	180.06	122.52	-	-	-
Long-Term Investments	2,331	1,082	886.8	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	163.27	0.07
Long-Term Accounts Receivable	-	35.94	-	-	-	-
Other Long-Term Assets	38.36	32.36	-	0.36	-	-
Total Assets	15,820	11,896	9,480	7,327	3,420	440.61

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,719	1,151	791.95	1,291	729.73	243.32
Accrued Expenses	70.94	65.42	76.18	56.56	16.3	1.17
Short-Term Debt	1,236	1,766	787.97	230.46	19.74	8.43
Current Portion of Long-Term Debt	456.95	263.12	374.64	34.93	6.67	4.79
Current Unearned Revenue	2,834	891.62	1,413	1,473	881.04	67.32
Current Portion of Leases	-	27.4	0.52	-	1.03	1.85
Current Income Taxes Payable	8.07	0.65	-	51.9	83.71	0.07
Other Current Liabilities	718.38	263.03	252.9	4.42	11.68	0.34
Total Current Liabilities	7,043	4,428	3,697	3,142	1,750	327.3
Long-Term Debt	1,444	1,099	561.74	150.78	0.38	3.56
Long-Term Leases	-	415.49	0.65	-	-	0.29
Pension & Post-Retirement Benefits	35.13	25.96	24.96	8.78	4.27	0.64
Long-Term Deferred Tax Liabilities	658.9	635.89	221.17	77.51	-	-
Other Long-Term Liabilities	-	-	-	0.04	-	-
Total Liabilities	9,202	6,604	4,506	3,380	1,755	331.78

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	368	368	368	368	46	40
Additional Paid-In Capital	1,166	990.43	990.43	756.67	549.9	-
Retained Earnings	3,723	2,855	2,945	2,482	983	68.82
Treasury Stock	-85.12	-72.28	-72.28	-	-	-
Comprehensive Income & Other	1,448	1,145	739.05	338.18	86.78	0.01
Total Common Equity	6,620	5,286	4,970	3,945	1,666	108.83
Minority Interest	-2.25	5.78	4.12	2.86	-	-
Shareholders' Equity	6,618	5,292	4,974	3,948	1,666	108.83
Total Liabilities & Equity	15,820	11,896	9,480	7,327	3,420	440.61

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3,137	3,571	1,726	416.18	27.83	18.91
Net Cash (Debt)	-1,770	-2,492	-303.26	1,651	1,380	104.23
Net Cash Growth	-	-	-	19.67%	1223.80%	-
Net Cash Per Share	-	-6.77	-0.82	4.49	3.75	2.74
Filing Date Shares Outstanding	-	368	368	368	368	38.08
Total Common Shares Outstanding	-	368	368	368	368	38.08
Working Capital	592.4	883.15	1,316	2,266	1,047	75.37
Book Value Per Share	-	14.36	13.50	10.72	4.53	2.86
Tangible Book Value	6,413	5,106	4,847	3,945	1,666	108.83
Tangible Book Value Per Share	-	13.88	13.17	10.72	4.53	2.86
Land	-	334.11	71.35	54.41	10.18	2.37
Buildings	-	1,315	1,093	367.04	180.96	5.9
Machinery	-	3,886	2,430	874.16	240.76	29.11
Construction In Progress	-	407.15	269.64	832.07	73.98	9

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error