Mazhar Zorlu Holding A.S. (IST:MZHLD)

Mazhar Zorlu Holding A.S. 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	12.31	17.87	17.32	15.77	169.72	28.63
Cash & Short-Term Investments	12.31	17.87	17.32	15.77	169.72	28.63
Cash Growth	-40.41%	3.21%	9.83%	-90.71%	492.87%	-63.26%
Accounts Receivable	118.33	163.96	152.26	160.83	201.22	28.84
Other Receivables	141.3	117.17	261.18	219.46	78.41	53.49
Receivables	259.62	281.13	413.45	380.29	279.62	82.33
Inventory	319.02	289.62	238.54	317.32	225.83	93.76
Prepaid Expenses	3.09	12.64	3.42	1.48	0.96	0.31
Other Current Assets	40.98	36.83	48.75	117.11	48.43	18.26
Total Current Assets	635.02	638.09	721.47	831.97	724.56	223.29
Property, Plant & Equipment	3,998	3,656	3,754	2,585	1,443	153.45
Long-Term Investments	407.6	369.83	369.4	284.99	198.15	27.99
Other Intangible Assets	1.69	1.6	1.59	1.02	0.62	0.21
Long-Term Deferred Tax Assets	-	-	-	-	-	25.8
Other Long-Term Assets	549.7	516.51	329.09	262.64	239.37	40.84
Total Assets	5,592	5,182	5,175	3,965	2,606	471.58

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	415.44	402.99	285.27	190.84	57.02	25.57
Accrued Expenses	87.12	60.8	55.1	50.52	28.09	16.75
Short-Term Debt	89.16	98.72	83.99	4.55	14.25	16.16
Current Portion of Long-Term Debt	16.68	16.82	-	29.8	9.55	4.33
Current Portion of Leases	13.7	15.59	20.54	8.15	0.79	0.5
Current Income Taxes Payable	2.52	4.4	-	20.68	32.66	18.65
Current Unearned Revenue	387.9	436.16	361.53	271.44	321.58	51.32
Other Current Liabilities	30	22.12	27.6	2.64	42.17	87.15
Total Current Liabilities	1,043	1,058	834.04	578.62	506.11	220.43
Long-Term Debt	78.63	55.03	-	1.89	6.05	4.9
Long-Term Leases	6.91	7.47	1.48	8.38	0.02	0.41
Long-Term Unearned Revenue	-	-	-	4.36	3.02	0.83
Pension & Post-Retirement Benefits	72.28	70.78	59.92	44.43	68.21	16.15
Long-Term Deferred Tax Liabilities	512.3	408.01	423.39	249.69	138.12	-
Other Long-Term Liabilities	0.19	0.47	2.11	7.18	1.47	10.34
Total Liabilities	1,713	1,599	1,321	894.56	722.99	253.07

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	108.56	108.56	108.56	108.56	108.56	10.84
Retained Earnings	-2,254	-2,027	-1,992	-1,417	-673.35	53.25
Comprehensive Income & Other	2,190	1,980	2,016	1,433	962.18	29.55
Total Common Equity	44.65	61.4	132.61	124.72	397.39	93.64
Minority Interest	3,835	3,521	3,722	2,946	1,485	124.87
Shareholders' Equity	3,880	3,582	3,855	3,071	1,883	218.51
Total Liabilities & Equity	5,592	5,182	5,175	3,965	2,606	471.58

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	205.08	193.63	106.01	52.77	30.67	26.3
Net Cash (Debt)	-192.77	-175.75	-88.7	-37.01	139.04	2.33
Net Cash Growth	-	-	-	-	5873.10%	-96.79%
Net Cash Per Share	-1.78	-1.62	-0.82	-0.34	1.28	0.02
Filing Date Shares Outstanding	108.56	108.56	108.56	108.56	108.56	108.56
Total Common Shares Outstanding	108.56	108.56	108.56	108.56	108.56	108.56
Working Capital	-407.5	-419.52	-112.57	253.35	218.45	2.85
Book Value Per Share	0.41	0.57	1.22	1.15	3.66	0.86
Tangible Book Value	42.97	59.8	131.02	123.7	396.78	93.42
Tangible Book Value Per Share	0.40	0.55	1.21	1.14	3.65	0.86
Land	1,656	1,505	1,809	1,301	802.81	-
Buildings	1,634	1,485	1,321	854.63	520.58	128.81
Machinery	3,056	2,776	2,661	2,089	1,197	92.12
Construction In Progress	84.87	74.1	62.35	40.18	71.81	17.97
Leasehold Improvements	13.64	12.39	12.39	9.47	6.56	0.58

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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 20, 2026

Data Sources Report a data error