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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11.19	17.87	17.32	15.77	169.72	28.63
Cash & Short-Term Investments	11.19	17.87	17.32	15.77	169.72	28.63
Cash Growth	57.87%	3.21%	9.83%	-90.71%	492.87%	-63.26%
Accounts Receivable	259.29	163.96	152.26	160.83	201.22	28.84
Other Receivables	131.39	117.17	261.18	219.46	78.41	53.49
Receivables	390.67	281.13	413.45	380.29	279.62	82.33
Inventory	385.08	289.62	238.54	317.32	225.83	93.76
Prepaid Expenses	87.83	12.64	3.42	1.48	0.96	0.31
Other Current Assets	4.83	36.83	48.75	117.11	48.43	18.26
Total Current Assets	879.6	638.09	721.47	831.97	724.56	223.29
Property, Plant & Equipment	4,487	3,656	3,754	2,585	1,443	153.45
Long-Term Investments	458.6	369.83	369.4	284.99	198.15	27.99
Other Intangible Assets	1.74	1.6	1.59	1.02	0.62	0.21
Long-Term Deferred Tax Assets	-	-	-	-	-	25.8
Other Long-Term Assets	687.04	516.51	329.09	262.64	239.37	40.84
Total Assets	6,514	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	545.1	402.99	285.27	190.84	57.02	25.57
Accrued Expenses	60.99	60.8	55.1	50.52	28.09	16.75
Short-Term Debt	166.27	98.72	83.99	4.55	14.25	16.16
Current Portion of Long-Term Debt	48.25	16.82	-	29.8	9.55	4.33
Current Portion of Leases	-	15.59	20.54	8.15	0.79	0.5
Current Income Taxes Payable	3.27	4.4	-	20.68	32.66	18.65
Current Unearned Revenue	545.74	436.16	361.53	271.44	321.58	51.32
Other Current Liabilities	53.18	22.12	27.6	2.64	42.17	87.15
Total Current Liabilities	1,423	1,058	834.04	578.62	506.11	220.43
Long-Term Debt	34.7	55.03	-	1.89	6.05	4.9
Long-Term Leases	-	7.47	1.48	8.38	0.02	0.41
Long-Term Unearned Revenue	-	-	-	4.36	3.02	0.83
Pension & Post-Retirement Benefits	-	70.78	59.92	44.43	68.21	16.15
Long-Term Deferred Tax Liabilities	521.42	408.01	423.39	249.69	138.12	-
Other Long-Term Liabilities	89.44	0.47	2.11	7.18	1.47	10.34
Total Liabilities	2,068	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	Sep 30, 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	-2,527	-2,027	-1,992	-1,417	-673.35	53.25
Comprehensive Income & Other	2,486	1,980	2,016	1,433	962.18	29.55
Total Common Equity	67.69	61.4	132.61	124.72	397.39	93.64
Minority Interest	4,378	3,521	3,722	2,946	1,485	124.87
Shareholders' Equity	4,446	3,582	3,855	3,071	1,883	218.51
Total Liabilities & Equity	6,514	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	249.22	193.63	106.01	52.77	30.67	26.3
Net Cash (Debt)	-238.03	-175.75	-88.7	-37.01	139.04	2.33
Net Cash Growth	-	-	-	-	5873.10%	-96.79%
Net Cash Per Share	-	-1.62	-0.82	-0.34	1.28	0.02
Filing Date Shares Outstanding	-	108.56	108.56	108.56	108.56	108.56
Total Common Shares Outstanding	-	108.56	108.56	108.56	108.56	108.56
Working Capital	-543.21	-419.52	-112.57	253.35	218.45	2.85
Book Value Per Share	-	0.57	1.22	1.15	3.66	0.86
Tangible Book Value	65.95	59.8	131.02	123.7	396.78	93.42
Tangible Book Value Per Share	-	0.55	1.21	1.14	3.65	0.86
Land	-	1,505	1,809	1,301	802.81	-
Buildings	-	1,485	1,321	854.63	520.58	128.81
Machinery	-	2,776	2,661	2,089	1,197	92.12
Construction In Progress	-	74.1	62.35	40.18	71.81	17.97
Leasehold Improvements	-	12.39	12.39	9.47	6.56	0.58

Data Source: S&P Global Market Intelligence Last updated: Nov 9, 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:

Nov 12, 2026

Data Sources Report a data error