Balatacilar Balatacilik Sanayi ve Ticaret AS

Balatacilar Balatacilik Sanayi ve Ticaret AS

BBIST:BALAT
53.10
TRY
-1.40
(-2.57%)
100.25MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
0.95
0.93
0.61
0.65
0.71
0.52
0.56
0.38
0.05
0.17
0.17
0.82
0.53
- -
Basic EPS, GAAP
-0.03
-0.03
-0.06
-0.09
-0.04
0.03
-0.02
-0.28
-0.07
0.03
-0.42
-0.13
1.01
- -
Free Cash Flow per Basic Share
-0.2
-0.07
-0.17
-0.05
0.06
0.04
0.1
-0.02
-0.03
0.01
-0.59
0.11
-0.56
- -
Dividend per Share
-0.15
-0.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.41
0.36
0.32
0.32
0.38
0.2
0.18
0.07
0.51
0.37
0.39
0.53
2.27
0.37
Tangible Book Value per Share
0.41
0.34
0.32
0.31
0.37
0.19
0.18
0.07
0.51
0.35
0.37
0.49
2.27
0.35
Basic Weighted Avg Shares
14
14
20
20
24
24
12
12
12
12
27
13
28
12
Sales/Revenue/Turnover
13
13
12
13
17
13
7
5
1
2
5
11
15
- -
Operating Margin (%)
7.69
3.22
0.58
-2.72
11.18
-14.84
-22.26
-85.79
89.61
-7.79
-243.75
-106.14
-119.7
- -
Depreciation Expense
- -
- -
- -
1
1
1
- -
- -
- -
2
-4
2
2
- -
Net Income, GAAP
- -
- -
-1
-2
-1
1
- -
-3
-1
- -
-11
-2
28
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
394.16
- -
- -
143.89
- -
- -
Profit Margin (%)
-2.93
-2.85
-9.06
-13.88
-4.94
5.35
-4.36
-74.08
-138.09
15.6
-249.78
-16.36
190.57
- -
Working Capital
4
4
2
3
3
7
3
-1
-2
5
1
11
2
5
LT Debt
1
1
2
2
1
2
1
1
- -
- -
- -
- -
- -
- -
Total Equity
5
5
8
8
9
6
5
1
7
6
16
45
104
6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-40.71
- -
- -
18.49
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-43.61
- -
- -
-1.31
- -
- -
Return on Common Equity (%)
-8.79
-6.87
-19.53
-28.43
-12.26
11.02
-6.39
-127.91
-23.73
6.12
-153.53
-14.63
72.76
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'19
Jun'20
Dec'20
ST Debt
1
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
15
27
100

Working Capital

TRY

•

in mil. unless spec.
Dec'19
Jun'20
Dec'20
Total Current Assets
13
14
14
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
1
1
Inventories
10
10
10
Total Current Liabilities
14
15
8
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
76.04%
172.55%
128.86%
Free Cash Flow
-1,723.9%
-3,351.49%
-1,115.98%
Net Income, GAAP
-478.92%
-1,107.91%
-1,666.41%
Sales/Revenue/Turnover
38.4%
89.94%
34.43%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

TRY

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
5
2022
- -
- -
11
2023
- -
- -
15

Semi-annual Earnings Per Share

TRY

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
-0.42
2022
- -
- -
-0.13
2023
- -
- -
1.01

Semi-annual Dividends Per Share

TRY

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -
2022
- -
- -
- -
2023
- -
- -
- -

Company Description

Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Izmir Turkey
IPO Date
Aug 13, 2012
Business
Balatacilar Balatacilik Sanayi ve Ticaret AS is a Turkey-based manufacturing company engaged in the production, import, export, and wholesale distribution of automotive friction materials and braking system components. The company specializes in the design and supply of friction solutions for passenger vehicles, light and heavy commercial vehicles, agricultural tractors, marine engines, and specialized industrial machinery. Its core product portfolio comprises disc brake pads; drum brake linings and brake shoes; molded and woven roll linings; fiber-based clutch facings and clutch discs; and heavy-duty friction plates, marketed under proprietary and commercial brands including Erka, Besyildiz, Safetex, and Fivestar. In addition to component manufacturing, the company provides technical testing, material compounding, and after-sales parts distribution to original equipment service providers and aftermarket distributors across domestic and regional international markets. Founded in 1988, Balatacilar Balatacilik Sanayi ve Ticaret AS is headquartered in Izmir, Turkey, and is publicly traded on Borsa Istanbul under the ticker symbol BALAT. In recent strategic developments, the company has undertaken an operational restructuring toward an investment holding framework, establishing a wholly owned subsidiary, Balat Savunma Sanayi ve Ticaret AS, to expand operations into defense industry manufacturing. Concurrently, the company reduced its shareholding in its former production affiliate, Berka Balata Sanayi ve Ticaret AS, to approximately 8.41 percent as part of a phased divestment strategy, while also launching a corporate share buyback program to optimize its capital structure.