Cash flow Kayseri Seker Fabrikasi Anonim Sirketi

Equities

KAYSE

TREKAYS00018

Food Processing

Delayed Borsa Istanbul Other stock markets 07:39:01 2025-02-11 am EST			5-day change	1st Jan Change
19.16 ^TRY	+0.31%		+8.56%	-3.28%

Jan. 21	Kayseri Seker Fabrikasi Anonim Sirketi Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2024	CI
Oct. 18	Kayseri Seker Fabrikasi Anonim Sirketi Reports Earnings Results for the First Quarter Ended July 31, 2024	CI

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Published financial data: KAYSERI SEKER FABRIKASI ANONIM SIRKETI

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2020	2021	2022	2023	2024
Revenues	2B	2.84B	5.14B	8B	18.28B
Total Revenues	2B	2.84B	5.14B	8B	18.28B
Cost of Goods Sold, Total	1.66B	2.57B	3.44B	5.43B	17.2B
Gross Profit	338M	273M	1.7B	2.58B	1.08B
Selling General & Admin Expenses, Total	151M	152M	184M	351M	775M
R&D Expenses	12.98M	10.98M	15.89M	32.45M	58.58M
Other Operating Expenses	-24.04M	-24.83M	-5.23M	-24.56M	-14.68M
Other Operating Expenses, Total	140M	138M	195M	359M	818M
Operating Income	197M	135M	1.51B	2.22B	266M
Interest Expense, Total	-341M	-235M	-304M	-397M	-1.46B
Interest And Investment Income	340M	85.14M	577M	3.12B	673M
Net Interest Expenses	-972K	-150M	273M	2.72B	-787M
Income (Loss) On Equity Invest.	-	118K	208K	2.27M	1.35M
Currency Exchange Gains (Loss)	-730K	-26.5K	-59.23M	-53.46M	-108M
Other Non Operating Income (Expenses)	-	-25.51M	-25.78M	-136M	1.88B
EBT, Excl. Unusual Items	196M	-40.38M	1.7B	4.75B	1.25B
Gain (Loss) On Sale Of Investments	-212M	-41.11K	-106K	-60.01K	-3.12M
Insurance Settlements	7.06M	-	2.65M	6.43M	7.49M
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	-8.8M	-40.42M	1.7B	4.76B	1.26B
Income Tax Expense	-14.12M	-14.21M	344M	622M	1.06B
Earnings From Continuing Operations	5.33M	-26.22M	1.35B	4.13B	198M
Net Income to Company	5.33M	-26.22M	1.35B	4.13B	198M
Minority Interest	-790K	-268K	66	-625	370
Net Income - (IS)	4.54M	-26.49M	1.35B	4.13B	198M
Net Income to Common Incl Extra Items	4.54M	-26.49M	1.35B	4.13B	198M
Net Income to Common Excl. Extra Items	4.54M	-26.49M	1.35B	4.13B	198M
Per Share Items
Net EPS - Basic	0.01	-0.04	2.26	6.89	0.28
Basic EPS - Continuing Operations	0.01	-0.04	2.26	6.89	0.28
Basic Weighted Average Shares Outstanding	600M	600M	600M	600M	701M
Net EPS - Diluted	0.01	-0.04	2.26	6.89	0.28
Diluted EPS - Continuing Operations	0.01	-0.04	2.26	6.89	0.28
Diluted Weighted Average Shares Outstanding	600M	600M	600M	600M	701M
Normalized Basic EPS	0.2	-0.04	1.77	4.95	1.12
Normalized Diluted EPS	0.2	-0.04	1.77	4.95	1.12
Dividend Per Share	-	-	-	0.29	-
Payout Ratio	-	-	-	-	135.5
Supplemental Items
EBITDA	299M	233M	1.61B	2.35B	724M
EBITA	199M	135M	1.51B	2.22B	275M
EBIT	197M	135M	1.51B	2.22B	266M
Effective Tax Rate - (Ratio)	160.57	35.14	20.28	13.09	84.26
Total Current Taxes	4.48M	13.82M	141M	265M	383M
Total Deferred Taxes	-18.6M	-28.02M	204M	358M	675M
Normalized Net Income	122M	-25.51M	1.06B	2.97B	783M
Supplemental Operating Expense Items
Advertising Expense	202K	3.82M	5.42M	7.26M	15.6M
Selling and Marketing Expenses	87.8M	82.67M	99.09M	157M	219M
General and Administrative Expenses	63.37M	69.19M	85.12M	194M	555M
Research And Development Expense From Footnotes	12.98M	10.98M	15.89M	32.45M	58.58M
Maintenance & Repair Expenses, Total	163K	368K	5.26M	140K	-

Fiscal Period: April	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	13.56M	205M	180M	556M	1.62B
Total Cash And Short Term Investments	13.56M	205M	180M	556M	1.62B
Accounts Receivable, Total	707M	690M	465M	1.5B	8.38B
Other Receivables	2.95M	4.06M	89.35M	149M	49.87M
Total Receivables	710M	694M	554M	1.65B	8.43B
Inventory	606M	522M	555M	3.92B	9.19B
Prepaid Expenses	5.34M	5.87M	15.77M	105M	96.86M
Other Current Assets, Total	235M	239M	654M	911M	600M
Total Current Assets	1.57B	1.67B	1.96B	7.15B	19.94B
Gross Property Plant And Equipment	2.09B	1.67B	3.98B	6.52B	14.96B
Accumulated Depreciation	-540M	-192M	-75M	-190M	-1.35B
Net Property Plant And Equipment	1.55B	1.47B	3.91B	6.33B	13.61B
Long-term Investments	7.62M	7.89M	8.1M	10.37M	78.17M
Goodwill	18.37M	18.37M	18.37M	18.37M	113M
Other Intangibles, Total	325M	325M	327M	331M	2.01B
Accounts Receivable Long-Term	53.35K	1.24M	60.98K	3.43M	2.67M
Deferred Tax Assets Long-Term	4.13M	2.53M	828K	12.02M	7.18M
Other Long-Term Assets, Total	899M	960M	1.52B	4.58B	8.02B
Total Assets	4.37B	4.46B	7.74B	18.44B	43.78B
Liabilities
Accounts Payable, Total	101M	155M	228M	958M	1.91B
Accrued Expenses, Total	90.94M	59.17M	61.34M	144M	266M
Short-term Borrowings	716M	571M	496M	3.84B	9.74B
Current Portion of Long-Term Debt	347M	651M	479M	204M	575M
Current Portion of Leases	-	-	-	-	20.06M
Current Income Taxes Payable	4.48M	11.33M	110M	127M	287M
Unearned Revenue Current, Total	47.6M	88.83M	93.82M	33.08M	172M
Other Current Liabilities	22.83M	29.05M	64.01M	99.19M	120M
Total Current Liabilities	1.33B	1.57B	1.53B	5.4B	13.09B
Long-Term Debt	874M	803M	98.17M	54.93M	54.57M
Long-Term Leases	-	-	-	-	22.37M
Unearned Revenue Non Current	-	-	2.52M	-	-
Pension & Other Post Retirement Benefits	55.88M	72.5M	124M	289M	433M
Deferred Tax Liability Non Current	176M	147M	452M	725M	3.08B
Other Non Current Liabilities	9.7M	448K	5.24M	1.25M	283K
Total Liabilities	2.45B	2.59B	2.21B	6.47B	16.67B
Common Stock, Total	600M	600M	600M	600M	706M
Additional Paid In Capital	-	-	-	-	2.69B
Retained Earnings	131M	170M	1.53B	5.66B	16.03B
Treasury Stock	-	-	-	-	-454M
Comprehensive Income and Other	1.19B	1.09B	3.4B	5.71B	8.13B
Total Common Equity	1.92B	1.86B	5.52B	11.97B	27.11B
Minority Interest	4.98M	5.28M	238	863	-738
Total Equity	1.92B	1.87B	5.52B	11.97B	27.11B
Total Liabilities And Equity	4.37B	4.46B	7.74B	18.44B	43.78B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	600M	600M	600M	600M	638M
ECS Total Common Shares Outstanding	600M	600M	600M	600M	638M
Book Value / Share	3.2	3.1	9.2	19.95	42.5
Tangible Book Value	1.58B	1.52B	5.18B	11.62B	24.98B
Tangible Book Value Per Share	2.63	2.53	8.63	19.37	39.17
Total Debt	1.94B	2.02B	1.07B	4.09B	10.41B
Net Debt	1.92B	1.82B	893M	3.54B	8.79B
Minority Interest, Total (Incl. Fin. Div)	4.98M	5.28M	238	863	-738
Equity Method Investments, Total	-	268K	475K	2.75M	6.16M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	84.18M	101M	135M	231M	677M
Inventories - Work In Process, Total	3.02M	-	7.37M	25.05M	3.69M
Inventories - Finished Goods, Total	519M	422M	414M	3.67B	8.48B
Inventories - Others	98.59K	162K	301K	286K	27.52M
Land - (BS)	436M	433M	1.05B	2.46B	4.55B
Buildings, Total	346M	235M	912M	1.57B	3.46B
Machinery, Total	1.11B	788M	1.65B	1.81B	5.42B
Full Time Employees	2.58K	2.2K	2.26K	2K	2.06K
Accumulated Allowance for Doubtful Accounts (Supple)	9.86M	8.52M	9.23M	9.67M	9.57M

Fiscal Period: April	2020	2021	2022	2023	2024
Net Income	4.54M	-26.49M	1.35B	4.13B	198M
Depreciation & Amortization - CF	100M	97.86M	97.82M	127M	448M
Amortization of Goodwill and Intangible Assets - (CF)	1.28M	88.38K	1.04M	1.52M	9.89M
Depreciation & Amortization, Total	102M	97.95M	98.86M	128M	458M
(Gain) Loss From Sale Of Asset	-10.48M	-2.21M	-173K	-10.46M	-55.21M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-113M	-60.31M	-552M	-3.06B	-230M
Provision for Credit Losses	-	1.33M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	118K	-208K	-2.27M	-1.35M
Provision and Write-off of Bad Debts	6.23M	-	1.32M	-10.23M	6.89M
Other Operating Activities, Total	69.7M	212M	694M	751M	-1.7B
Change In Accounts Receivable	258M	14.57M	226M	-1.04B	-5.82B
Change In Inventories	-218M	83.38M	-34.7M	-3.37B	-946M
Change In Accounts Payable	16.48M	66.35M	61M	729M	280M
Change in Unearned Revenues	33.91M	41.23M	7.5M	-63.26M	130M
Change in Other Net Operating Assets	-244M	-198M	-637M	-326M	1.06B
Cash from Operations	-95.21M	230M	1.22B	-2.14B	-6.62B
Capital Expenditure	-61.24M	-40.78M	-59.19M	-257M	-714M
Sale of Property, Plant, and Equipment	19.26M	4.33M	632K	21.83M	104M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	1.55M	20M	22.1M	18.97M	220M
Cash from Investing	-40.43M	-16.45M	-36.47M	-216M	-391M
Long-Term Debt Issued, Total	211M	2.03B	1.66B	5B	11.82B
Total Debt Issued	211M	2.03B	1.66B	5B	11.82B
Long-Term Debt Repaid, Total	-	-1.82B	-2.58B	-1.91B	-4.99B
Total Debt Repaid	-	-1.82B	-2.58B	-1.91B	-4.99B
Issuance of Common Stock	24.98M	-	-	-	180M
Repurchase of Common Stock	-	-	-	-	-454M
Common Dividends Paid	-	-	-	-	-268M
Common & Preferred Stock Dividends Paid	-	-	-	-	-268M
Other Financing Activities, Total	-93.99M	-232M	-290M	-355M	2.06B
Cash from Financing	142M	-21.77M	-1.21B	2.73B	8.35B
Foreign Exchange Rate Adjustments	-	-	-	-	2.06M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-664M
Net Change in Cash	6.26M	192M	-25.17M	376M	677M
Supplemental Items
Cash Interest Paid	93.99M	232M	290M	355M	629M
Cash Income Tax Paid (Refund)	-	-	-	250M	286M
Levered Free Cash Flow	-102M	167M	675M	-3B	-6.07B
Unlevered Free Cash Flow	111M	314M	865M	-2.75B	-5.15B
Change In Net Working Capital	52.85M	-172M	117M	4.01B	5.06B
Net Debt Issued / Repaid	211M	210M	-916M	3.09B	6.83B

Fiscal Period: April	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.21	1.92	15.45	10.59	0.42
Return on Total Capital	3.56	2.18	17.98	12.23	0.48
Return On Equity %	0.34	-1.39	36.64	47.27	0.77
Return on Common Equity	0.29	-1.41	36.66	47.27	0.77
Margin Analysis
Gross Profit Margin %	16.92	9.6	33.13	32.18	5.93
SG&A Margin	7.58	5.34	3.59	4.38	4.24
EBITDA Margin %	14.99	8.19	31.26	29.3	3.96
EBITA Margin %	9.96	4.75	29.35	27.72	1.51
EBIT Margin %	9.9	4.74	29.33	27.7	1.45
Income From Continuing Operations Margin %	0.27	-0.92	26.35	51.64	1.08
Net Income Margin %	0.23	-0.93	26.35	51.64	1.08
Net Avail. For Common Margin %	0.23	-0.93	26.35	51.64	1.08
Normalized Net Income Margin	6.09	-0.9	20.62	37.09	4.28
Levered Free Cash Flow Margin	-5.13	5.87	13.14	-37.5	-33.19
Unlevered Free Cash Flow Margin	5.56	11.04	16.84	-34.4	-28.2
Asset Turnover
Asset Turnover	0.52	0.65	0.84	0.61	0.46
Fixed Assets Turnover	1.41	1.9	1.91	1.56	1.41
Receivables Turnover (Average Receivables)	2.38	4.07	8.9	8.13	3.34
Inventory Turnover (Average Inventory)	3.38	4.55	6.38	2.42	1.97
Short Term Liquidity
Current Ratio	1.18	1.06	1.28	1.32	1.52
Quick Ratio	0.54	0.57	0.48	0.41	0.77
Operating Cash Flow to Current Liabilities	-0.07	0.15	0.79	-0.4	-0.51
Days Sales Outstanding (Average Receivables)	153.7	89.75	41.03	44.88	109.48
Days Outstanding Inventory (Average Inventory)	108.18	80.14	57.21	150.59	185.52
Average Days Payable Outstanding	16.87	18.83	20.82	24.6	35.63
Cash Conversion Cycle (Average Days)	245.01	151.06	77.42	170.86	259.37
Long Term Solvency
Total Debt/Equity	100.71	108.4	19.44	34.21	38.42
Total Debt / Total Capital	50.18	52.02	16.28	25.49	27.76
LT Debt/Equity	45.45	42.99	1.78	0.46	0.28
Long-Term Debt / Total Capital	22.65	20.63	1.49	0.34	0.2
Total Liabilities / Total Assets	55.97	58.09	28.62	35.09	38.09
EBIT / Interest Expense	0.58	0.57	4.96	5.59	0.18
EBITDA / Interest Expense	0.88	0.99	5.29	5.91	0.5
(EBITDA - Capex) / Interest Expense	0.7	0.82	5.09	5.26	0.01
Total Debt / EBITDA	6.48	8.7	0.67	1.75	14.38
Net Debt / EBITDA	6.43	7.82	0.56	1.51	12.14
Total Debt / (EBITDA - Capex)	8.15	10.55	0.69	1.96	1.08K
Net Debt / (EBITDA - Capex)	8.09	9.48	0.58	1.69	911.01
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.03	42.39	80.82	55.78	21.95
Gross Profit, 1 Yr. Growth %	18.53	-29.72	523.9	51.34	-67.05
EBITDA, 1 Yr. Growth %	76.68	-25.27	592.94	46.03	-76.3
EBITA, 1 Yr. Growth %	80.07	-48.57	1.03K	47.1	-90.02
EBIT, 1 Yr. Growth %	81.55	-48.35	1.03K	47.1	-90.36
Earnings From Cont. Operations, 1 Yr. Growth %	-107.56	-126.84	-5.26K	205.37	-97.08
Net Income, 1 Yr. Growth %	-106.35	-127.33	-5.21K	205.37	-97.08
Normalized Net Income, 1 Yr. Growth %	-299.28	-116.15	-4.09K	180.13	-83.82
Diluted EPS Before Extra, 1 Yr. Growth %	-106.09	-127.59	-5.21K	205.37	-97.5
Accounts Receivable, 1 Yr. Growth %	-27	-2.42	-32.61	223.22	228.47
Inventory, 1 Yr. Growth %	61.91	-13.82	6.29	607.08	11.47
Net Property, Plant and Equip., 1 Yr. Growth %	19.37	-2.89	164.88	62.1	10.65
Total Assets, 1 Yr. Growth %	31.16	2.66	73.58	138.37	21.52
Tangible Book Value, 1 Yr. Growth %	66.15	-2.1	240.77	124.46	13.9
Common Equity, 1 Yr. Growth %	56.3	-1.7	196.45	116.77	12.71
Cash From Operations, 1 Yr. Growth %	-81.79	-341.74	428.85	-275.83	56.83
Capital Expenditures, 1 Yr. Growth %	-46.48	-29.52	45.15	334.55	46.82
Levered Free Cash Flow, 1 Yr. Growth %	-87.47	-269.07	278.59	-544.53	-26.01
Unlevered Free Cash Flow, 1 Yr. Growth %	-116.3	204.98	166.05	-418.3	-33.48
Compound Annual Growth Rate Over Two Years