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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	12.56	10.15	7.95	0.92	0.78	0.14
Cash & Short-Term Investments	12.56	10.15	7.95	0.92	0.78	0.14
Cash Growth	44.45%	27.63%	764.09%	18.44%	459.52%	-75.58%
Accounts Receivable	143.95	59.2	88.45	28.38	25.57	13.99
Other Receivables	4.35	159.05	116.88	26.25	1.52	0.27
Receivables	148.3	218.25	205.33	54.63	27.09	14.26
Inventory	2.29	1.94	3.01	1.79	2.85	4.31
Prepaid Expenses	1.37	16.92	1.16	0.02	0.03	0.75
Other Current Assets	54.97	81.77	2.52	1.75	4.42	3.14
Total Current Assets	219.5	329.02	219.98	59.12	35.17	22.59
Property, Plant & Equipment	197.24	177.9	42.92	17.03	37.85	8.73
Long-Term Investments	79.28	93.7	103.41	23.24	-	-
Other Intangible Assets	2.88	2.67	0.63	0.65	0.92	0.13
Long-Term Accounts Receivable	-	-	-	-	0.29	-
Long-Term Deferred Tax Assets	6.02	19.96	27.2	9.94	6.18	6.89
Other Long-Term Assets	21.97	18.77	18.76	8.07	8.07	1.1
Total Assets	526.88	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	36.91	156.28	22.96	12.79	9.98	8.32
Accrued Expenses	13.59	6.07	12.61	5.71	5.3	4.17
Short-Term Debt	7.95	0.43	0.05	-	-	-
Current Portion of Long-Term Debt	0.27	0.55	0.71	-	-	-
Current Portion of Leases	-	-	0.35	0.53	0.08	0.03
Current Income Taxes Payable	12.28	20.83	2.68	-	-	0.28
Current Unearned Revenue	0.02	0.01	-	0.39	0.57	0.5
Other Current Liabilities	95.99	195.54	208.24	82.26	35.91	15.87
Total Current Liabilities	167.01	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	19.38	-	-	4.08	1.01	1.2
Other Long-Term Liabilities	-0	14.25	13.5	-	-	-
Total Liabilities	186.39	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	Jun 30, 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	6.09	10.02	23.36	12.36	12.36	1.52
Retained Earnings	-62.19	-149.25	-249.27	-145.6	-122.82	-12.22
Comprehensive Income & Other	298.74	261.74	252.26	109.94	111.99	-2.74
Total Common Equity	260.89	140.77	44.61	-5.04	19.78	4.81
Minority Interest	79.6	107.32	106.15	15.27	14.47	3.94
Shareholders' Equity	340.49	248.09	150.76	10.24	34.26	8.75
Total Liabilities & Equity	526.88	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	8.21	0.97	2.16	1.7	0.53	0.34
Net Cash (Debt)	4.35	9.18	5.79	-0.78	0.25	-0.2
Net Cash Growth	-24.37%	58.47%	-	-	-	-
Net Cash Per Share	0.24	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	52.49	-50.68	-27.61	-43.44	-17.6	-6.59
Book Value Per Share	14.29	7.71	2.44	-0.28	1.08	0.26
Tangible Book Value	258.02	138.1	43.99	-5.68	18.86	4.68
Tangible Book Value Per Share	14.13	7.56	2.41	-0.31	1.03	0.26
Land	2.65	2.25	-	-	8.77	2.13
Buildings	73.66	62.55	-	-	14.79	5.49
Machinery	651.39	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: 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 30, 2026

Data Sources Report a data error