{"id":64332,"date":"2026-04-06T13:55:37","date_gmt":"2026-04-06T13:55:37","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/06\/koc-holding-kchol-bilanco-yorumu\/"},"modified":"2026-04-06T13:55:37","modified_gmt":"2026-04-06T13:55:37","slug":"koc-holding-kchol-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/06\/koc-holding-kchol-bilanco-yorumu\/","title":{"rendered":"Ko\u00e7 Holding (KCHOL) bilan\u00e7o yorumu"},"content":{"rendered":"<p>Ko\u00e7 Holding A.\u015e. (KCHOL) 2025 y\u0131l\u0131 4. \u00e7eyrek finansal sonu\u00e7lar\u0131 11 \u015eubat g\u00fcn\u00fc kamuya a\u00e7\u0131kland\u0131. <a href=\"https:\/\/rotaborsa.com\/haberler\/bilanco-haberleri\/\">Bilan\u00e7o<\/a> sonras\u0131nda \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1280\" height=\"720\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/01\/kchol4.jpg\" alt=\"| Rota Borsa\" class=\"wp-image-275721\" title=\"2 kurum Ford Otomotiv (FROTO) i\u00e7in hedef fiyatlar\u0131n\u0131 a\u00e7\u0131klad\u0131 6 HABERLER, G\u00fcndemdekiler, \u015eirket Haberleri Rota Borsa\" \/><\/figure>\n<h2 class=\"wp-block-heading\">Ko\u00e7 Holding A.\u015e. hisse haberleri \u2013 KCHOL hisse yorumu<\/h2>\n<p>\u0130\u015f Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c<strong><em>Ger\u00e7ekle\u015fen ve Tahminler:<\/em>\u00a0<\/strong>Ko\u00e7 Holding, UMS-29 kapsam\u0131nda 4\u00c724\u2019te kaydedilen 8 milyar TL\u2019lik net zarara k\u0131yasla 4\u00c725\u2019te 7 milyar TL net kar elde etti (piyasa: 4,4 milyar TL). Son \u00e7eyrekte ana segmentlerin net kar katk\u0131s\u0131nda 4\u00c724\u2019e k\u0131yasla y\u0131ll\u0131k bazda iyile\u015fme g\u00f6zlendi. Enerji ve Dayan\u0131kl\u0131 T\u00fcketim segmentlerindeki zay\u0131fl\u0131\u011fa ra\u011fmen Otomotiv segmentinin g\u00fc\u00e7l\u00fc katk\u0131s\u0131 y\u0131ll\u0131k bazda kombine ciro b\u00fcy\u00fcmesini destekledi. Grup,\u00a0 konsolide bazda, 4\u00c725\u2019te 4,6 TL parasal kazan\u00e7 kaydederken, parasal kay\u0131plar 4\u00c724\u2019te 1,1 milyar seviyesindeydi. Finans segmentinde 4\u00c724\u2019te 6 milyar TL\u2019yi a\u015fan seviyede parasal zarar kaydedilirken, bu \u00e7eyrekte segmentin parasal zarar\u0131 3 milyar TL\u2019nin alt\u0131na geriledi.\u00a0 \u0130\u015ftirakler sonu\u00e7lar\u0131n\u0131 a\u00e7\u0131klam\u0131\u015f olsa da enflasyon muhasebesinin karl\u0131l\u0131k \u00fczerindeki olumsuz etkisindeki d\u00fc\u015f\u00fc\u015f\u00fcn devam\u0131na i\u015faret eden ve piyasa beklentisini a\u015fan net kar rakam\u0131na hafif olumlu bir tepki g\u00f6rebiliriz.<br \/>12A25\u2019te kombine bazda Dayan\u0131kl\u0131 T\u00fcketim ve Enerji segmentlerinin zay\u0131f performans\u0131 y\u00fczde 3\u2019l\u00fck ciro daralmas\u0131na sebep olurken otomotiv ve finans segmentlerindeki b\u00fcy\u00fcmeler kombine bazda faaliyet kar\u0131ndaki %9\u2019luk b\u00fcy\u00fcmeyi destekledi. Konsolide bazda efektif vergi oran\u0131ndaki d\u00fc\u015f\u00fc\u015f ve parasal kayb\u0131n 50 milyar TL\u2019den 2,9 milyar TL\u2019ye gerilemesi Holding\u2019in net kar\u0131n\u0131n 1,7 milyar TL\u2019den 22 milyar TL\u2019ye y\u00fckselmesine olumlu etki yaratt\u0131. Otomotiv ve Dayan\u0131kl\u0131 T\u00fcketim segmentlerinin net kar katk\u0131s\u0131ndaki d\u00fc\u015f\u00fc\u015fe ra\u011fmen ge\u00e7ti\u011fimiz y\u0131la k\u0131yasla ciddi bir azalma g\u00f6zlenen Finans ve Enerji segmentlerinin parasal kay\u0131plar konsolide kara olumlu etki etti. TUPRS\u2019\u0131n d\u00f6viz bazl\u0131 gelirlerini de kat\u0131nca uluslararas\u0131 gelirlerin kombine gelirlerdeki pay\u0131 F oldu.<br \/><em>Solo net nakit:<\/em><strong>\u00a0<\/strong>Holding\u2019in solo net nakit pozisyonu, 4\u00c725\u2019te i\u015ftiraklerde yap\u0131lan sermaye art\u0131\u015flar\u0131 ve ARCLK paylar\u0131n\u0131n %7,1\u2019inin \u015firketten al\u0131nmas\u0131 sonras\u0131 815 milyon ABD$ seviyesinde bulunurken, 3\u00c725 sonunda net solo nakit 874 milyon ABD$ seviyesindeydi. Holding\u2019in solo nakit pozisyonunun i\u2019u d\u00f6viz cinsinde bulunurken, 3\u00c725 sonunda ise bu oran h idi. 2024 y\u0131l\u0131nda elde edilen 38,5 milyar TL\u2019lik temett\u00fc gelirine k\u0131yasla, YKBNK\u2019\u0131n 2025 y\u0131l\u0131nda temett\u00fc da\u011f\u0131tmamas\u0131, TOASO ve TTRAK\u2019den elde edilen temett\u00fclerdeki d\u00fc\u015f\u00fc\u015f ile birlikte 2025 y\u0131l\u0131nda Holding\u2019in temett\u00fc geliri 33,4 milyar TL\u2019ye geriledi.<br \/>Holding hisseleri, cari NAD\u2019\u0131na g\u00f6re 5 iskonto ile i\u015flem g\u00f6rmekte. 1 y\u0131ll\u0131k ve 3 y\u0131ll\u0131k ortalama iskontolar ise s\u0131ras\u0131yla 6 ve 1 seviyelerinde.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"403\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/02\/AC32D141-CE0B-4A8E-B13E-6C06BBD35AC9-1024x403.png\" alt=\"| Rota Borsa\" class=\"wp-image-412301\" title=\"| Rota Borsa\" \/><\/figure>\n<p><em><strong>Kaynak: <\/strong>\u0130\u015f Yat\u0131r\u0131m Ara\u015ft\u0131rma<\/em><\/p>\n<div class=\"kanews-banner kanews-banner-single\">\n<div style=\"min-height:280px\" data-empower-zone=\"159899\" class=\"empower-ad\"><\/div>\n<\/div>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-rota-borsa wp-block-embed-rota-borsa\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"WlRxorQcsR\"><p><a href=\"https:\/\/rotaborsa.com\/yarin-2-sirket-yatirimcilarina-temettu-dagitacak-13\/\">Yar\u0131n 2 \u015firket yat\u0131r\u0131mc\u0131lar\u0131na temett\u00fc da\u011f\u0131tacak<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\" style=\"font-size:10px\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<ul class=\"wp-block-social-links aligncenter has-huge-icon-size has-visible-labels has-icon-color is-style-default is-horizontal is-content-justification-center is-layout-flex wp-container-core-social-links-is-layout-499968f5 wp-block-social-links-is-layout-flex\">\n<li style=\"color:#ffffff\" class=\"wp-social-link wp-social-link-whatsapp has-white-color wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x\" class=\"wp-block-social-link-anchor\"><span class=\"wp-block-social-link-label\">Rota Borsa WhatsApp kanal\u0131na kat\u0131l\u0131n!<\/span><\/a><\/li>\n<li style=\"color:#ffffff\" class=\"wp-social-link wp-social-link-telegram has-white-color wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/t.me\/rotaborsa_halkaarz\" class=\"wp-block-social-link-anchor\"><span class=\"wp-block-social-link-label\">Rota Borsa Telegram kanal\u0131na kat\u0131l\u0131n!<\/span><\/a><\/li>\n<li style=\"color:#ffffff\" class=\"wp-social-link wp-social-link-x has-white-color wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/rotaborsa\" class=\"wp-block-social-link-anchor\"><span class=\"wp-block-social-link-label\">Rota Borsa Twitter hesab\u0131n\u0131 takip edin!<\/span><\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em><em><em><em><em><strong>\u0130\u015f Yat\u0131r\u0131m yasal uyar\u0131s\u0131:<\/strong> Burada yer alan bilgiler \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan bilgilendirme amac\u0131 ile haz\u0131rlanm\u0131\u015ft\u0131r. Yat\u0131r\u0131m bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti; arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanlar\u0131n ki\u015fisel g\u00f6r\u00fc\u015flerine dayanmaktad\u0131r. Herhangi bir yat\u0131r\u0131m arac\u0131n\u0131n al\u0131m-sat\u0131m \u00f6nerisi ya da getiri vaadi olarak yorumlanmamal\u0131d\u0131r. Bu g\u00f6r\u00fc\u015fler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir. Burada yer alan fiyatlar, veriler ve bilgilerin tam ve do\u011fru oldu\u011fu garanti edilemez; i\u00e7erik, haber verilmeksizin de\u011fi\u015ftirilebilir. T\u00fcm veriler, \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan al\u0131nm\u0131\u015ft\u0131r. Bu kaynaklar\u0131n kullan\u0131lmas\u0131 nedeni ile ortaya \u00e7\u0131kabilecek hatalardan \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. sorumlu de\u011fildir. <\/em><\/em><\/em><\/em><\/em><br \/><em><strong>Rota Borsa yasal uyar\u0131s\u0131:<\/strong> Burada yer alan yat\u0131r\u0131m bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti, arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanlar\u0131n ki\u015fisel g\u00f6r\u00fc\u015flerine dayanmaktad\u0131r. Bu g\u00f6r\u00fc\u015fler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ko\u00e7 Holding A.\u015e. (KCHOL) 2025 y\u0131l\u0131 4. \u00e7eyrek finansal sonu\u00e7lar\u0131 11 \u015eubat g\u00fcn\u00fc kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131nda \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Ko\u00e7 Holding A.\u015e. hisse haberleri \u2013 KCHOL hisse yorumu \u0130\u015f Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201cGer\u00e7ekle\u015fen ve Tahminler:\u00a0Ko\u00e7 Holding, UMS-29 kapsam\u0131nda 4\u00c724\u2019te kaydedilen 8 milyar TL\u2019lik net zarara [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":64333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilanco-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/64332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=64332"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/64332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/64333"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=64332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=64332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=64332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}