San-el Mühendislik Elektrik Taahhüt Sanayi ve Ticaret A.S. (IST:SANEL)

IST:SANEL 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	8.97	10.15	7.95	0.92	0.78	0.14
Cash & Short-Term Investments	8.97	10.15	7.95	0.92	0.78	0.14
Cash Growth	43.47%	27.63%	764.09%	18.44%	459.52%	-75.58%
Accounts Receivable	123.75	59.2	88.45	28.38	25.57	13.99
Other Receivables	4.25	159.05	116.88	26.25	1.52	0.27
Receivables	128	218.25	205.33	54.63	27.09	14.26
Inventory	1.72	1.94	3.01	1.79	2.85	4.31
Prepaid Expenses	1.49	16.92	1.16	0.02	0.03	0.75
Other Current Assets	54.34	81.77	2.52	1.75	4.42	3.14
Total Current Assets	194.52	329.02	219.98	59.12	35.17	22.59
Property, Plant & Equipment	189.62	177.9	42.92	17.03	37.85	8.73
Long-Term Investments	79.28	93.7	103.41	23.24	-	-
Other Intangible Assets	2.81	2.67	0.63	0.65	0.92	0.13
Long-Term Accounts Receivable	-	-	-	-	0.29	-
Long-Term Deferred Tax Assets	5.37	19.96	27.2	9.94	6.18	6.89
Other Long-Term Assets	20.56	18.77	18.76	8.07	8.07	1.1
Total Assets	492.17	642.04	412.9	118.05	88.49	39.44

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	49.6	156.28	22.96	12.79	9.98	8.32
Accrued Expenses	15.78	6.07	12.61	5.71	5.3	4.17
Short-Term Debt	15.29	0.43	0.05	-	-	-
Current Portion of Long-Term Debt	-	0.55	0.71	-	-	-
Current Portion of Leases	-	-	0.35	0.53	0.08	0.03
Current Income Taxes Payable	5.95	20.83	2.68	-	-	0.28
Current Unearned Revenue	0.06	0.01	-	0.39	0.57	0.5
Other Current Liabilities	114.67	195.54	208.24	82.26	35.91	15.87
Total Current Liabilities	201.35	379.7	247.59	102.56	52.77	29.18
Long-Term Debt	-	-	0.15	-	-	-
Long-Term Leases	-	-	0.9	1.18	0.45	0.31
Pension & Post-Retirement Benefits	18.89	-	-	4.08	1.01	1.2
Other Long-Term Liabilities	-0	14.25	13.5	-	-	-
Total Liabilities	220.24	393.95	262.14	107.82	54.23	30.7

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	18.26	18.26	18.26	18.26	18.26	18.26
Additional Paid-In Capital	5.69	10.02	23.36	12.36	12.36	1.52
Retained Earnings	-105.59	-149.25	-249.27	-145.6	-122.82	-12.22
Comprehensive Income & Other	283.98	261.74	252.26	109.94	111.99	-2.74
Total Common Equity	202.34	140.77	44.61	-5.04	19.78	4.81
Minority Interest	69.59	107.32	106.15	15.27	14.47	3.94
Shareholders' Equity	271.93	248.09	150.76	10.24	34.26	8.75
Total Liabilities & Equity	492.17	642.04	412.9	118.05	88.49	39.44

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	15.29	0.97	2.16	1.7	0.53	0.34
Net Cash (Debt)	-6.32	9.18	5.79	-0.78	0.25	-0.2
Net Cash Growth	-	58.47%	-	-	-	-
Net Cash Per Share	-0.35	0.50	0.32	-0.04	0.01	-0.01
Filing Date Shares Outstanding	18.26	18.26	18.26	18.26	18.26	18.26
Total Common Shares Outstanding	18.26	18.26	18.26	18.26	18.26	18.26
Working Capital	-6.82	-50.68	-27.61	-43.44	-17.6	-6.59
Book Value Per Share	11.08	7.71	2.44	-0.28	1.08	0.26
Tangible Book Value	199.53	138.1	43.99	-5.68	18.86	4.68
Tangible Book Value Per Share	10.93	7.56	2.41	-0.31	1.03	0.26
Land	2.25	2.25	-	-	8.77	2.13
Buildings	68.83	62.55	-	-	14.79	5.49
Machinery	608.52	553.19	143.02	65.53	63.11	6.79
Leasehold Improvements	-	-	8.62	4.49	4.48	0.44

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 5, 2026

Data Sources Report a data error