Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. (IST:PNLSN)

IST:PNLSN 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	187.44	211.17	220.51	451.42	453.81	103.55
Short-Term Investments	119.89	255.01	531.44	426.68	116.86	4.16
Cash & Short-Term Investments	307.33	466.19	751.95	878.09	570.66	107.71
Cash Growth	-7.89%	-38.00%	-14.37%	53.87%	429.80%	230.18%
Accounts Receivable	1,295	1,160	995.84	793.83	506.54	198.01
Other Receivables	16.49	8.37	3.39	3.9	14.11	6.9
Receivables	1,312	1,168	999.22	797.73	520.65	204.91
Inventory	909.51	541.1	452.36	639.74	359.82	123.91
Prepaid Expenses	39.11	2.98	3.46	76.85	45.5	-
Other Current Assets	37.53	29.4	38.25	38.49	14.63	24.77
Total Current Assets	2,605	2,208	2,245	2,431	1,511	461.3
Property, Plant & Equipment	2,071	1,707	1,813	713.24	409.56	76.1
Long-Term Investments	184.1	151.58	123.17	94	65.1	12.62
Goodwill	1.72	1.46	-	-	-	-
Other Intangible Assets	3.04	3.06	1.86	1.63	1.49	0.26
Long-Term Accounts Receivable	-	-	-	121.26	-	-
Long-Term Deferred Tax Assets	-	59.6	40.69	-	55.22	-
Other Long-Term Assets	1,130	838.31	247.7	280.34	42.45	4.6
Total Assets	5,994	4,969	4,471	3,641	2,085	554.86

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	1,047	875.37	793.27	698.73	510.55	221.31
Accrued Expenses	59.28	62.21	34.01	23.73	14.21	13.11
Short-Term Debt	281.48	0.87	0.47	8.36	17.97	18.45
Current Portion of Long-Term Debt	37.55	102.51	81.98	122.76	37.42	19.37
Current Income Taxes Payable	-	-	1.76	-	48.94	22.51
Current Unearned Revenue	632.67	575.61	471.93	731.36	249.6	86.69
Other Current Liabilities	86.44	35.54	18.24	2.2	2.61	2.07
Total Current Liabilities	2,161	1,652	1,402	1,667	881.29	383.51
Long-Term Debt	33.8	-	5.34	85.92	34.35	17.36
Pension & Post-Retirement Benefits	15.35	19.03	13.13	18.32	8.21	1.92
Long-Term Deferred Tax Liabilities	257.12	281.4	237.14	37.77	97.98	0.79
Other Long-Term Liabilities	0.11	-	-	5.86	-	-
Total Liabilities	2,468	1,953	1,657	1,815	1,022	403.57

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	75	75	75	75	75	57.5
Additional Paid-In Capital	784.54	666.23	666.23	508.99	352.54	-
Retained Earnings	1,125	976.37	732.28	560.34	204.27	67.2
Treasury Stock	-54.55	-39.22	-	-	-	-
Comprehensive Income & Other	1,596	1,338	1,340	682.3	431.45	26.59
Shareholders' Equity	3,526	3,016	2,814	1,827	1,063	151.29
Total Liabilities & Equity	5,994	4,969	4,471	3,641	2,085	554.86

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	352.83	103.38	87.8	217.05	89.74	55.17
Net Cash (Debt)	-45.51	362.8	664.15	661.05	480.92	52.54
Net Cash Growth	-	-45.37%	0.47%	37.45%	815.32%	-
Net Cash Per Share	-0.61	4.84	8.86	9.08	6.61	1.27
Filing Date Shares Outstanding	75	75	75	75	75	57.5
Total Common Shares Outstanding	75	75	75	75	75	57.5
Working Capital	443.69	555.58	843.58	764.03	629.97	77.79
Book Value Per Share	47.02	40.22	37.52	24.36	14.18	2.63
Tangible Book Value	3,522	3,012	2,812	1,825	1,062	151.04
Tangible Book Value Per Share	46.95	40.16	37.49	24.33	14.16	2.63
Land	234.53	199.16	192	5.78	4.01	0.66
Buildings	1,305	1,109	1,189	526.43	330.33	56.24
Machinery	821.41	87.95	84.71	402.63	252.84	32.87
Construction In Progress	449.42	317.85	387.62	83.71	11.04	6.54

Data Source: S&P Global Market Intelligence Last updated: Aug 18, 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:

Sep 23, 2026

Data Sources Report a data error