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	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,572	612.64	847.12	395.85	23.73
Short-Term Investments	-	26.84	349.72	88.66	-
Cash & Short-Term Investments	1,572	639.48	1,197	484.51	23.73
Cash Growth	145.82%	-46.57%	147.02%	1941.38%	-8.25%
Accounts Receivable	3,678	4,013	3,656	1,673	365.45
Other Receivables	887.61	802.45	561.92	90.4	107.7
Receivables	4,565	4,816	4,218	1,763	473.15
Inventory	2,307	2,957	2,848	780.94	193.16
Prepaid Expenses	102.51	640.93	180.13	558.9	17.52
Other Current Assets	4,816	4,883	1,843	53.85	5.1
Total Current Assets	13,362	13,937	10,286	3,641	712.66
Property, Plant & Equipment	10,886	7,238	3,071	640	87.08
Other Intangible Assets	17.3	20.04	20.71	4.31	1.05
Long-Term Deferred Tax Assets	769.22	1,410	341.38	-	15.61
Long-Term Deferred Charges	9.36	9.36	7.15	4.53	1.15
Other Long-Term Assets	303.44	242.5	1,506	4	0.78
Total Assets	25,348	22,857	15,233	4,294	818.33
Accounts Payable	3,996	5,832	3,403	1,145	231.22
Accrued Expenses	368.82	1,147	201.55	26.13	26.06
Short-Term Debt	5,654	3,119	1,980	326.17	114.08
Current Portion of Long-Term Debt	1,331	1,495	443.78	1.01	7.39
Current Portion of Leases	287.52	266.43	246.15	102.28	20.43
Current Income Taxes Payable	-	-	-	1.8	5.36
Current Unearned Revenue	5,443	2,888	2,953	1,045	158.81
Other Current Liabilities	56.47	6.03	5.92	21.39	15.73
Total Current Liabilities	17,138	14,753	9,234	2,668	579.08
Long-Term Debt	3,023	3,136	2,469	-	5.97
Long-Term Leases	534.08	341.65	439.27	179.9	29.89
Pension & Post-Retirement Benefits	28.81	27.06	18.27	7.8	2.78
Long-Term Deferred Tax Liabilities	-	-	-	6.6	-
Total Liabilities	20,724	18,257	12,160	2,862	617.72
Common Stock	605.88	605.88	605.88	306	127.5
Additional Paid-In Capital	788.68	788.68	602.54	512.82	-
Retained Earnings	2,007	2,442	1,424	244.94	83.86
Treasury Stock	-53.41	-53.41	-36.95	-	-
Comprehensive Income & Other	1,285	815.66	469.2	378.52	-17.91
Total Common Equity	4,634	4,599	3,065	1,442	193.45
Minority Interest	-10.1	0.76	7.76	-10.13	7.16
Shareholders' Equity	4,624	4,599	3,073	1,432	200.61
Total Liabilities & Equity	25,348	22,857	15,233	4,294	818.33
Total Debt	10,830	8,358	5,578	609.37	177.76
Net Cash (Debt)	-9,258	-7,718	-4,381	-124.86	-154.03
Net Cash Per Share	-5.09	-4.25	-3.59	-0.09	-0.10
Filing Date Shares Outstanding	1,816	1,816	1,816	1,818	1,515
Total Common Shares Outstanding	1,816	1,816	1,816	1,818	1,515
Working Capital	-3,776	-816	1,052	973.6	133.57
Book Value Per Share	2.55	2.53	1.69	0.79	0.13
Tangible Book Value	4,617	4,579	3,044	1,438	192.4
Tangible Book Value Per Share	2.54	2.52	1.68	0.79	0.13
Land	1,008	329.03	109.78	76.03	1.47
Machinery	8,385	2,847	1,282	486.49	96.03
Construction In Progress	569.1	2,675	1,626	53.06	0.16
Leasehold Improvements	1,855	1,789	116.37	73.82	15.76

Source: S&P Global Market Intelligence. Standard template. Financial Sources.