Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret A.S. (IST:SMRTG)

IST:SMRTG Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	723.8	468.05	847.12	395.85	23.73	25.87
Short-Term Investments	-	20.51	349.72	88.66	-	-
Cash & Short-Term Investments	723.8	488.55	1,197	484.51	23.73	25.87
Cash Growth	24.98%	-59.18%	147.02%	1941.38%	-8.25%	210.82%
Accounts Receivable	3,049	3,066	3,656	1,673	365.45	200.75
Other Receivables	621.05	613.06	561.92	90.4	107.7	22.52
Receivables	3,670	3,679	4,218	1,763	473.15	223.27
Inventory	1,977	2,259	2,848	780.94	193.16	150.21
Prepaid Expenses	1,469	489.66	180.13	558.9	17.52	6.26
Other Current Assets	3,614	3,731	1,843	53.85	5.1	95.27
Total Current Assets	11,453	10,648	10,286	3,641	712.66	500.88
Property, Plant & Equipment	6,588	5,530	3,071	640	87.08	63.52
Other Intangible Assets	24.53	15.31	20.71	4.31	1.05	0.45
Long-Term Deferred Tax Assets	1,063	1,077	341.38	-	15.61	12.36
Long-Term Deferred Charges	-	7.15	7.15	4.53	1.15	0.4
Other Long-Term Assets	196.96	185.27	1,506	4	0.78	0.44
Total Assets	19,326	17,462	15,233	4,294	818.33	578.06
Accounts Payable	4,990	4,455	3,403	1,145	231.22	137.52
Accrued Expenses	632.16	875.93	201.55	26.13	26.06	10.31
Short-Term Debt	3,336	2,383	1,980	326.17	114.08	57.5
Current Portion of Long-Term Debt	1,136	1,142	443.78	1.01	7.39	2.88
Current Portion of Leases	212.33	203.55	246.15	102.28	20.43	6.9
Current Income Taxes Payable	-	-	-	1.8	5.36	2.32
Current Unearned Revenue	2,889	2,206	2,953	1,045	158.81	212.05
Other Current Liabilities	7.34	4.61	5.92	21.39	15.73	9.78
Total Current Liabilities	13,202	11,271	9,234	2,668	579.08	439.25
Long-Term Debt	2,252	2,396	2,469	-	5.97	12.87
Long-Term Leases	250.1	261.02	439.27	179.9	29.89	2.29
Long-Term Deferred Tax Liabilities	-	-	-	6.6	-	-
Other Long-Term Liabilities	-	-	-	-	-	48.86
Total Liabilities	15,748	13,948	12,160	2,862	617.72	504.03
Common Stock	605.88	605.88	605.88	306	127.5	31
Additional Paid-In Capital	663.17	602.54	602.54	512.82	-	-
Retained Earnings	1,775	1,866	1,424	244.94	83.86	40.61
Treasury Stock	-44.91	-40.81	-36.95	-	-	-
Comprehensive Income & Other	577.68	480.16	469.2	378.52	-17.91	-0.4
Total Common Equity	3,577	3,513	3,065	1,442	193.45	71.2
Minority Interest	1.23	0.58	7.76	-10.13	7.16	2.82
Shareholders' Equity	3,578	3,514	3,073	1,432	200.61	74.03
Total Liabilities & Equity	19,326	17,462	15,233	4,294	818.33	578.06
Total Debt	7,187	6,385	5,578	609.37	177.76	82.44
Net Cash (Debt)	-6,463	-5,897	-4,381	-124.86	-154.03	-56.57
Net Cash Per Share	-10.67	-9.73	-10.76	-0.27	-0.31	-0.11
Filing Date Shares Outstanding	605.36	605.36	605.42	605.88	504.9	504.9
Total Common Shares Outstanding	605.36	605.36	605.42	605.88	504.9	504.9
Working Capital	-1,749	-623.41	1,052	973.6	133.57	61.63
Book Value Per Share	5.91	5.80	5.06	2.38	0.38	0.14
Tangible Book Value	3,552	3,498	3,044	1,438	192.4	70.75
Tangible Book Value Per Share	5.87	5.78	5.03	2.37	0.38	0.14
Land	-	251.38	109.78	76.03	1.47	1.36
Machinery	2,438	2,175	1,282	486.49	96.03	47.29
Construction In Progress	2,814	2,044	1,626	53.06	0.16	16.31
Leasehold Improvements	1,508	1,367	116.37	73.82	15.76	7.75

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.