{"id":64334,"date":"2026-04-01T12:15:40","date_gmt":"2026-04-01T12:15:40","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/01\/koc-holding-kchol-2025-4-ceyrek-bilanco-yorumu\/"},"modified":"2026-04-01T12:15:40","modified_gmt":"2026-04-01T12:15:40","slug":"koc-holding-kchol-2025-4-ceyrek-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/01\/koc-holding-kchol-2025-4-ceyrek-bilanco-yorumu\/","title":{"rendered":"Ko\u00e7 Holding (KCHOL) 2025 4. \u00e7eyrek 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, Ziraat 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\/2024\/09\/kchol.jpg\" alt=\"| Rota Borsa\" class=\"wp-image-214292\" 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>Ziraat Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c<em>Ko\u00e7 Holding\u2019in 4\u00c72025\u2019teki Ana Ortakl\u0131k Net D\u00f6nem Kar\u0131 7 Milyar TL ile Beklentilerin \u00dczerinde Ger\u00e7ekle\u015fti\u2026<\/em> Ko\u00e7 Holding 4\u00c72025\u2019te 7.024mn TL ana ortakl\u0131k net d\u00f6nem kar\u0131 a\u00e7\u0131klam\u0131\u015ft\u0131r. Beklenti 4.624mn TL ana ortakl\u0131k net d\u00f6nem kar\u0131 elde edilmesi y\u00f6n\u00fcndeydi. Holding 4\u00c72024\u2019te ise 7.996mn TL ana ortakl\u0131k net d\u00f6nem zarar\u0131 a\u00e7\u0131klam\u0131\u015ft\u0131. 4. \u00e7eyrek kar\u0131n\u0131n katk\u0131s\u0131yla \u015eirket\u2019in 2025 y\u0131l\u0131 ana ortakl\u0131k net d\u00f6nem kar\u0131 22.001mn TL\u2019ye ula\u015fm\u0131\u015ft\u0131r. (2024: 1.709mn TL ana ortakl\u0131k net d\u00f6nem kar\u0131). Finans ve otomotiv ba\u015fta olmak \u00fczere faaliyet g\u00f6sterilen sekt\u00f6rlerdeki iyile\u015fmeler holding karl\u0131l\u0131\u011f\u0131n\u0131n artmas\u0131nda etkili olmu\u015ftur.<br \/>Finans-d\u0131\u015f\u0131 \u015firketlerinin sat\u0131\u015f gelirlerinin toplam\u0131ndan olu\u015fan kombine gelirleri 4\u00c72025\u2019te bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %6,5 oran\u0131nda artarak 993.927mn TL olarak ger\u00e7ekle\u015firken, yine ayn\u0131 grubun faaliyet kar\u0131 4\u00c72024\u2019teki 5.285mn TL\u2019lik zarara kar\u015f\u0131n bu \u00e7eyrekte 30.235mn TL seviyesine ula\u015farak pozitif tarafa ge\u00e7mi\u015ftir. Holding\u2019in 4\u00c72025\u2019te finans d\u0131\u015f\u0131 grubun toplam konsolide kar\u0131 6.871mn TL olarak kaydedilmi\u015ftir. Ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6neminde Holding\u2019in 4.315mn TL finans d\u0131\u015f\u0131 konsolide zarar\u0131 bulunmaktayd\u0131. Bu grupta \u00f6zellikle otomotiv sekt\u00f6r\u00fcn\u00fcn kar art\u0131\u015f\u0131 \u00f6n plana \u00e7\u0131km\u0131\u015ft\u0131r.<br \/>Finans kategorisi taraf\u0131nda ise \u015firketlerin Ko\u00e7 Holding\u2019in konsolide kar\u0131na etkisi 4\u00c72025\u2019te 153mn TL kar \u015feklindedir (4\u00c72024: 3.681mn TL zarar). Finans segmentinde bu y\u0131l parasal kay\u0131p 18.043mn TL\u2019yi g\u00f6stermi\u015ftir (2024: 50.214mn TL parasal kay\u0131p). Holding\u2019in solo net nakit pozisyonu 2025 sonunda temett\u00fc \u00f6demeleriyle birlikte 34.917mn TL (815mn USD) seviyesinde kaydedilmi\u015ftir. Ge\u00e7ti\u011fimiz y\u0131l bu pozisyon 32.103mn TL (911mn USD) seviyesindeydi. Bununla birlikte, 4.\u00e7eyrekte finans d\u0131\u015f\u0131 Net bor\u00e7\/FAV\u00d6K oran\u0131 1,2x seviyesinde kaydedilmi\u015ftir. Holding\u2019in finans d\u0131\u015f\u0131 cari oran\u0131 da ayn\u0131 d\u00f6nemde 1,2x olarak ger\u00e7ekle\u015fmi\u015ftir.<br \/><em>Holding i\u00e7in en k\u00f6t\u00fc geride kalm\u0131\u015f olabilir\u2026<\/em> 2025 y\u0131l\u0131nda Ko\u00e7 Holding\u2019in faaliyet g\u00f6sterdi\u011fi sekt\u00f6rlere bak\u0131ld\u0131\u011f\u0131nda; enerji taraf\u0131nda, T\u00fcpra\u015f\u2019\u0131n \u00fcr\u00fcn marjlar\u0131 y\u00fcksek seyretmeye devam ederken, Aygaz\u2019\u0131n karl\u0131l\u0131\u011f\u0131ndaki art\u0131\u015f destekleyici olmu\u015ftur. Otomotiv taraf\u0131nda sat\u0131\u015f gelirleri ile karl\u0131l\u0131\u011f\u0131n artmas\u0131 ve Tofa\u015f\u2019\u0131n Stellantis birle\u015fmesinin yaratt\u0131\u011f\u0131 sinerjinin devam etmesi etkili rol oynam\u0131\u015ft\u0131r. Di\u011fer yandan, Otokar ve T\u00fcrk Trakt\u00f6r taraf\u0131ndaki \u00e7eyreksel bazdaki zararlar holding performans\u0131n\u0131 olumsuz etkilemi\u015ftir. Yava\u015flayan i\u00e7 taleple birlikte dayan\u0131kl\u0131 t\u00fcketim segmetinde marjlar bask\u0131 alt\u0131nda kalmaya devam etmi\u015ftir. Son olarak finans taraf\u0131nda, temel bankac\u0131l\u0131k gelirlerindeki art\u0131\u015f, karl\u0131l\u0131\u011f\u0131 desteklemi\u015ftir. \u00d6zetle ge\u00e7ti\u011fimiz y\u0131la g\u00f6re g\u00fc\u00e7l\u00fc bir toparlanma sergileyen Ko\u00e7 Holding\u2019de bu \u00e7eyrekte 7.024mn TL ana ortakl\u0131k net d\u00f6nem kar\u0131 kaydedilmi\u015ftir.\u201d<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"779\" height=\"904\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/02\/8F8F08EE-6896-4734-8477-34F6BEE28800.png\" alt=\"| Rota Borsa\" class=\"wp-image-415607\" title=\"| Rota Borsa\" \/><\/figure>\n<p>\u27a2 Raporun tamam\u0131n\u0131 PDF olarak g\u00f6r\u00fcnt\u00fclemek i\u00e7in a\u015fa\u011f\u0131daki dosyay\u0131 indirebilirsiniz.<\/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<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object><\/object><a id=\"wp-block-file--media-1466e2f3-e176-4203-931b-60e6180ea361\" href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/02\/1771498642780_KoHolding-20260219.pdf\">1771498642780_KoHolding-20260219<\/a><a href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/02\/1771498642780_KoHolding-20260219.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-1466e2f3-e176-4203-931b-60e6180ea361\">\u0130ndir<\/a><\/div>\n<p><em><strong>Kaynak: <\/strong>Ziraat Yat\u0131r\u0131m Ara\u015ft\u0131rma<\/em><\/p>\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><em><strong>Ziraat Yat\u0131r\u0131m 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><\/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<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=\"PkngwNQ8YD\"><p><a href=\"https:\/\/rotaborsa.com\/17-sirketten-bedelsiz-sermaye-artirimi-karari\/\">17 \u015firketten bedelsiz sermaye art\u0131r\u0131m\u0131 karar\u0131<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\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, Ziraat Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Ko\u00e7 Holding A.\u015e. hisse haberleri \u2013 KCHOL hisse yorumu Ziraat Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201cKo\u00e7 Holding\u2019in 4\u00c72025\u2019teki Ana Ortakl\u0131k Net D\u00f6nem Kar\u0131 7 Milyar TL ile Beklentilerin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":64335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64334","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\/64334","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=64334"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/64334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/64335"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=64334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=64334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=64334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}