{"id":64418,"date":"2026-04-03T12:57:04","date_gmt":"2026-04-03T12:57:04","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/03\/kayseri-seker-kayse-bilanco-yorumu\/"},"modified":"2026-04-03T12:57:04","modified_gmt":"2026-04-03T12:57:04","slug":"kayseri-seker-kayse-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/03\/kayseri-seker-kayse-bilanco-yorumu\/","title":{"rendered":"Kayseri \u015eeker (KAYSE) bilan\u00e7o yorumu"},"content":{"rendered":"<p>Kayseri \u015eeker Fabrikas\u0131 A.\u015e. (KAYSE) 01.05.2025 \u2013 31.01.2026 \u00f6zel hesap d\u00f6nemi\u00a0finansal sonu\u00e7lar\u0131 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, Gedik 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=\"832\" height=\"468\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2023\/08\/kayseri.jpeg\" alt=\"| Rota Borsa\" class=\"wp-image-45974\" 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\">Kayseri \u015eeker Fabrikas\u0131 A.\u015e. hisse haberleri \u2013 KAYSE hisse yorumu<\/h2>\n<p>Gedik Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c\u015eirketin net sat\u0131\u015flar\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re a,85 azal\u0131\u015fla 513 milyon TL olmu\u015ftur. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda net sat\u0131\u015flar\u0131 x,54 azal\u0131\u015fla 2.831 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir. Ge\u00e7en y\u0131l\u0131n 3. \u00e7eyre\u011finde 482 milyon TL FAV\u00d6K a\u00e7\u0131klayan \u015firket, bu y\u0131l\u0131n 3. \u00e7eyre\u011finde 943 milyon TL faiz vergi ve amortisman \u00f6ncesi zarar\u0131 a\u00e7\u0131klam\u0131\u015ft\u0131r. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re faiz vergi ve amortisman \u00f6ncesi zarar\u0131 (1,24 art\u0131\u015fla 1.664 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir. Net zarar\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re 8,76 art\u0131\u015fla 1.959 milyon TL olmu\u015ftur. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re net zarar\u0131 &#8220;,79 art\u0131\u015fla 4.574 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"637\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/03\/885D52D7-2448-417A-BE7B-0B63BC8BEA7F-1024x637.png\" alt=\"| Rota Borsa\" class=\"wp-image-425701\" title=\"| Rota Borsa\" \/><\/figure>\n<p>A\u00e7\u0131klanan finansallar Ocak sonu itibar\u0131yla 3\u00c725 d\u00f6nemine ili\u015fkindir. \u015eirketin \u00e7eyreksel performans\u0131n\u0131n marjlar ve serbest nakit ak\u0131\u015f\u0131 a\u00e7\u0131s\u0131ndan belirgin bir mevsimsellik i\u00e7erdi\u011fini hat\u0131rlatmak gerekir. \u00dcretim faaliyetleri Eyl\u00fcl ortas\u0131\u2013Ocak d\u00f6nemi aras\u0131nda ger\u00e7ekle\u015firken, sat\u0131\u015flar\u0131n b\u00fcy\u00fck k\u0131sm\u0131 \u00fcretim sonras\u0131 d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte (\u015eubat\u2013Nisan) yap\u0131lmaktad\u0131r. Bu nedenle 3. \u00e7eyrek sonu\u00e7lar\u0131 d\u00fc\u015f\u00fck sezonu yans\u0131tmakta olup i\u015fletme sermayesi ihtiyac\u0131n\u0131n en y\u00fcksek oldu\u011fu d\u00f6nemi i\u00e7ermektedir. 2025 \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte, \u015feker fiyatlar\u0131ndaki zay\u0131fl\u0131k nedeniyle fiyatlar\u0131n 2025 boyunca yatay seyretmesi sonucu ciro y\u0131ll\u0131k bazda a gerilemi\u015ftir. Bu nedenle, mevsimselli\u011fin d\u00fc\u015f\u00fck oldu\u011fu d\u00f6nemin de etkisiyle FAV\u00d6K negatif ger\u00e7ekle\u015fmi\u015ftir. Ayr\u0131ca zay\u0131f operasyonel faaliyetler ve finansman giderleri nedeniyle \u015firket net zarar a\u00e7\u0131klam\u0131\u015ft\u0131r. Net bor\u00e7 pozisyonu da art\u0131\u015f g\u00f6stermi\u015f olsa da, ge\u00e7en y\u0131la g\u00f6re yaln\u0131zca %4 daha y\u00fcksek seviyededir. Net bor\u00e7 \/ FAV\u00d6K oran\u0131 8,2x olarak ger\u00e7ekle\u015fmi\u015ftir. Mevsimsel sat\u0131\u015flar\u0131n mali y\u0131l\u0131n son \u00e7eyre\u011finde devreye girmesiyle birlikte bu oran\u0131n gerilemesi beklenmektedir. Hisse son 12 ayda 23x FD\/FAV\u00d6K \u00e7arpan\u0131yla i\u015flem g\u00f6rmektedir.\u201d<br \/>\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-086fd09f-1df4-4425-9ee4-fc079b8acbdc\" href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/03\/1773382502249_3c25finansal-degerlendirmekayse20250313.pdf\">1773382502249_3c25finansal-degerlendirmekayse20250313<\/a><a href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/03\/1773382502249_3c25finansal-degerlendirmekayse20250313.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-086fd09f-1df4-4425-9ee4-fc079b8acbdc\">\u0130ndir<\/a><\/div>\n<p><em><strong>Kaynak: <\/strong>Gedik 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><em><em><em><em><em><em><em><em><em><em><strong>Gedik Yat\u0131r\u0131m yasal uyar\u0131s\u0131:<\/strong> Burada yer alan bilgiler Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan genel bilgilendirme amac\u0131 ile haz\u0131rlanm\u0131\u015ft\u0131r. 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, Gedik 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 Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. sorumlu de\u011fildir.<\/em><\/em><\/em><\/em><\/em><\/em><\/em><\/em><\/em><\/em><\/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","protected":false},"excerpt":{"rendered":"<p>Kayseri \u015eeker Fabrikas\u0131 A.\u015e. (KAYSE) 01.05.2025 \u2013 31.01.2026 \u00f6zel hesap d\u00f6nemi\u00a0finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131nda \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kayseri \u015eeker Fabrikas\u0131 A.\u015e. hisse haberleri \u2013 KAYSE hisse yorumu Gedik Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c\u015eirketin net sat\u0131\u015flar\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re a,85 azal\u0131\u015fla 513 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":64419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64418","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\/64418","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=64418"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/64418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/64419"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=64418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=64418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=64418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}