{"id":65152,"date":"2026-04-17T07:41:16","date_gmt":"2026-04-17T07:41:16","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/17\/sasa-polyester-sasa-bilanco-yorumu\/"},"modified":"2026-04-17T07:41:16","modified_gmt":"2026-04-17T07:41:16","slug":"sasa-polyester-sasa-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/17\/sasa-polyester-sasa-bilanco-yorumu\/","title":{"rendered":"Sasa Polyester (SASA) bilan\u00e7o yorumu"},"content":{"rendered":"<p>Sasa Polyester Sanayi A.\u015e. (SASA) 2025 y\u0131l\u0131 4. \u00e7eyrek finansal 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, PhillipCapital 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\/08\/sasa-polyester.jpeg\" alt=\"| Rota Borsa\" class=\"wp-image-198206\" 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\">Sasa Polyester Sanayi A.\u015e. hisse haberleri \u2013 SASA hisse yorumu<\/h2>\n<p>Phillip Capital de\u011ferlendirmesi \u015fu \u015fekilde; \u201c<strong><em>SASA 4\u00c725 Sonu\u00e7lar\u0131 (K\u0131smen Olumlu):<\/em><\/strong> Sasa Polyester Sanayi A.\u015e., 4\u00c725 konsolide finansallar\u0131nda;<\/p>\n<ul class=\"wp-block-list\">\n<li>Y\u0131ll\u0131k bazda %9,5 azal\u0131\u015fla 12,75 milyar TL ciro,<\/li>\n<li>Y\u0131ll\u0131k bazda U,0 art\u0131\u015fla 1,5 milyar TL FAV\u00d6K ve<\/li>\n<li>11,44 milyar TL net zarar (4\u00c724: -122 milyon TL) a\u00e7\u0131klad\u0131.<\/li>\n<\/ul>\n<p>Buna kar\u015f\u0131n Br\u00fct\u00a0k\u00e2r marj\u0131 y\u0131ll\u0131k bazda %8,56\u2019dan %1,51\u2019e geriledi; s\u00f6z konusu ayr\u0131\u015fman\u0131n temel kayna\u011f\u0131, yeni tesislerin (PTA, elyaf) devreye al\u0131nmas\u0131yla h\u0131zlanan amortisman y\u00fck\u00fcn\u00fcn FAV\u00d6K hesaplamas\u0131nda d\u00fczeltici etki yaratmas\u0131 oldu. FAV\u00d6K marj\u0131 y\u0131ll\u0131k bazda yakla\u015f\u0131k 5 puan iyile\u015ferek 4\u00c724\u2019teki %6,89\u2019dan ,79\u2019a y\u00fckseldi. Net zarardaki keskin art\u0131\u015f\u0131n ise b\u00fcy\u00fck b\u00f6l\u00fcm\u00fc d\u00f6nem i\u00e7inde kaydedilen yakla\u015f\u0131k 10,3 milyar TL ertelenmi\u015f vergi giderinden kaynaklanmakta olup yinelenen nakit ak\u0131\u015flar\u0131n\u0131 yans\u0131tmamaktad\u0131r.<br \/>Operasyonel tarafta, 2025 y\u0131l\u0131nda toplam sat\u0131\u015f hacmi y\u0131ll\u0131k bazda ,2 art\u0131\u015fla 1,1 milyon tona ula\u015ft\u0131. Kapasite art\u0131\u015f\u0131n\u0131n ana s\u00fcr\u00fcc\u00fcs\u00fc, Mart 2025\u2019te ticari \u00fcretime ge\u00e7en 1,75 milyon ton\/y\u0131l kapasiteli PTA tesisi oldu; tesis ilk y\u0131l\u0131nda 768,3 bin ton \u00fcretim ger\u00e7ekle\u015ftirdi. Polyester cips \u00fcretimi de C art\u0131\u015fla 565,9 bin tona y\u00fckselirken tekstil a\u011f\u0131rl\u0131kl\u0131 \u00fcr\u00fcn gruplar\u0131nda talep bask\u0131s\u0131 belirginle\u015fti: poy \u00fcretimi -#, iplik \u00fcretimi &#8211; geriledi. Polimerizasyon kapasite kullan\u0131m oran\u0131 r olarak ger\u00e7ekle\u015ferek bir \u00f6nceki y\u0131l\u0131n (w) gerisinde kald\u0131; bu d\u00fc\u015f\u00fc\u015f\u00fcn arka plan\u0131nda Avrupa ba\u015fta olmak \u00fczere ana ihracat pazarlar\u0131ndaki zay\u0131f talep ortam\u0131 yat\u0131yor. \u0130hracat ciro 349 milyon USD FOB seviyesine ula\u015ft\u0131 (2024: 315 milyon USD). Sat\u0131\u015f gelirlerinin para birimi da\u011f\u0131l\u0131m\u0131nda EUR a\u011f\u0131rl\u0131\u011f\u0131 s ile belirleyici konumunu s\u00fcrd\u00fcrd\u00fc.<br \/>12 ayl\u0131k tabloda ciro y\u0131ll\u0131k bazda ,5 azal\u0131\u015fla 53,1 milyar TL\u2019de kal\u0131rken FAV\u00d6K 6 gerileyerek 6,5 milyar TL olarak ger\u00e7ekle\u015fti (2024: 10,2 milyar TL). Sat\u0131\u015f hacmi PTA ve yeni elyaf tesislerinin katk\u0131s\u0131yla 1,10 milyon tona (,2) y\u00fckseldi; fiyat geriliminin hacim art\u0131\u015f\u0131n\u0131 bask\u0131lad\u0131\u011f\u0131 g\u00f6r\u00fclmektedir.<br \/>Genel olarak de\u011ferlendirildi\u011finde, 4\u00c725 sonu\u00e7lar\u0131 SASA i\u00e7in operasyonel iyile\u015fmenin ilk sinyallerini bar\u0131nd\u0131rmaktad\u0131r. PTA entegrasyonunun FAV\u00d6K marj\u0131na olumlu yans\u0131mas\u0131 ve hacim b\u00fcy\u00fcmesi olumlu ayr\u0131\u015f\u0131rken, y\u00fcksek net bor\u00e7 y\u00fck\u00fc ve faiz kar\u015f\u0131lama oran\u0131ndaki bask\u0131 devam etmektedir.\u201d<\/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<p><em><strong>Kaynak: <\/strong>PhillipCapital Menkul 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>PhillipCapital yasal uyar\u0131s\u0131:<\/strong>\u00a0Burada 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 analizler genel niteliktedir. Bu tavsiyeler 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. T\u00fcm yorum ve tavsiyeler; \u00f6ng\u00f6r\u00fc, tahmin ve fiyat hedeflerinden olu\u015fmaktad\u0131r. Zaman i\u00e7inde piyasa ko\u015fullar\u0131nda meydana gelen de\u011fi\u015fiklikler nedeniyle s\u00f6z konusu yorum ve tavsiyelerde de\u011fi\u015fikli\u011fe gidilebilir. Bu rapordaki t\u00fcm g\u00f6r\u00fc\u015f ve bilgiler \u00f6nceden haber verilmeksizin de\u011fi\u015ftirilebilir. Raporda yer alan bilgi ve veriler, g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan derlenmi\u015f olup, do\u011fruluklar\u0131 ayr\u0131ca ara\u015ft\u0131r\u0131lmam\u0131\u015ft\u0131r. Bu nedenle, bu bilgilerin tam veya do\u011fru olmamas\u0131 nedeniyle do\u011fabilecek zararlardan PhillipCapital Menkul De\u011ferler A.\u015e. ve \u00e7al\u0131\u015fanlar\u0131 sorumlu de\u011fildir. Bu sebeple, okuyucular\u0131n, bu raporlardan elde edilen bilgilere dayanarak hareket etmeden \u00f6nce, bilgilerin do\u011frulu\u011funu teyit ettirmeleri \u00f6nerilir ve bu bilgilere dayan\u0131larak ald\u0131klar\u0131 kararlarda sorumluluk kendilerine aittir. Bilgilerin eksikli\u011fi ve yanl\u0131\u015fl\u0131\u011f\u0131ndan PhillipCapital hi\u00e7bir \u015fekilde sorumlu tutulamaz. Ayr\u0131ca, PhillipCapital ve t\u00fcm \u00e7al\u0131\u015fanlar\u0131n\u0131n, herhangi bir \u015fekilde bilgiler dolay\u0131s\u0131yla ortaya \u00e7\u0131kabilecek, do\u011frudan veya dolayl\u0131 zararlarla ilgili herhangi bir sorumlulu\u011fu yoktur. Sunulan yorum ve tavsiyelerin objektifli\u011fini etkileyebilecek nitelikte bilinen herhangi bir ili\u015fki ve ko\u015ful bulunmamakta olup gerek \u015eirketimiz gerekse m\u00fc\u015fterileri aras\u0131nda do\u011fabilecek \u00f6nemli \u00e7\u0131kar \u00e7at\u0131\u015fmalar\u0131na yol a\u00e7mayacak \u015fekilde haz\u0131rlanmas\u0131 i\u00e7in azami dikkat ve \u00f6zen g\u00f6sterilmi\u015ftir. Burada yer alan bilgiler, bir yat\u0131r\u0131m tavsiyesi, yat\u0131r\u0131m arac\u0131n\u0131n al\u0131m sat\u0131m \u00f6nerisi ya da getiri vaadi de\u011fildir ve Yat\u0131r\u0131m Dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda yer almamaktad\u0131r.<\/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>Sasa Polyester Sanayi A.\u015e. (SASA) 2025 y\u0131l\u0131 4. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131nda \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, PhillipCapital Menkul De\u011ferler A.\u015e.\u2019den geldi. Sasa Polyester Sanayi A.\u015e. hisse haberleri \u2013 SASA hisse yorumu Phillip Capital de\u011ferlendirmesi \u015fu \u015fekilde; \u201cSASA 4\u00c725 Sonu\u00e7lar\u0131 (K\u0131smen Olumlu): Sasa Polyester Sanayi A.\u015e., 4\u00c725 konsolide finansallar\u0131nda; Y\u0131ll\u0131k bazda %9,5 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":65153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65152","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\/65152","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=65152"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/65152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/65153"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=65152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=65152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=65152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}