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Sinpas Gayrimenkul Yatirim Ortakligi A.S.

Sinpas Gayrimenkul Yatirim Ortakligi A.S.

BBIST:SNGYO
2.42
TRY
-0.07
(-2.81%)
0.02EPS
15.07BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.19
0.26
0.09
0.11
0.23
0.11
0.43
0.5
0.53
0.59
0.61
4.34
1.32
1.75
Basic EPS, GAAP
0.01
0.03
-0.02
-0.03
-0.06
-0.05
0.05
0.04
0.8
1.49
0.42
1.71
0.17
-0.03
Free Cash Flow per Basic Share
-0.03
0.01
0.03
-0.1
-0.01
-0.03
0.02
0.2
0.48
0.68
1.15
0.55
0.22
0.54
Dividend per Share
0.01
- -
0.01
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.39
0.42
0.38
0.36
0.31
0.09
0.14
0.18
1.09
5.6
9.19
12.84
13.01
15.32
Tangible Book Value per Share
0.39
0.42
0.38
0.36
0.31
0.09
0.14
0.18
1.09
5.6
9.18
12.84
13.01
15.31
Basic Weighted Avg Shares
2,749
2,749
2,749
2,749
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
Sales/Revenue/Turnover
524
704
257
304
904
432
1,713
1,988
2,123
2,371
2,456
17,378
5,299
7,019
Operating Margin (%)
10.64
10.61
-12.68
-8.97
7.92
-0.1
33.65
43.67
55.92
12.7
22.99
26.83
30.07
33.98
Depreciation Expense
6
3
2
2
2
4
7
10
5
33
28
43
71
94
Net Income, GAAP
19
89
-52
-80
-243
-197
215
150
3,200
5,960
1,688
6,850
672
-134
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
32.4
80.4
98.32
Profit Margin (%)
3.54
12.7
-20.28
-26.26
-26.86
-45.54
12.56
7.56
150.7
251.33
68.71
39.42
12.68
-1.91
Working Capital
488
567
404
526
1,294
1,261
827
238
2,571
4,769
9,341
12,018
9,867
10,423
LT Debt
375
331
302
596
1,338
2,130
2,171
2,233
4,014
6,078
4,139
5,347
5,812
5,245
Total Equity
1,071
1,154
1,049
972
848
351
562
712
4,896
24,795
40,490
58,659
59,626
70,097
Return on Invested Capital (%)
2.94
5.37
- -
- -
- -
- -
17.66
25.05
74.73
28.31
6.75
14.17
1.59
0.06
Return on Capital (%)
3.17
6.98
- -
- -
- -
- -
9.79
7.68
51.9
37.86
13.51
8.94
1.13
-0.47
Return on Common Equity (%)
1.73
8.04
-4.74
-7.89
-26.69
-32.86
47.12
23.59
126.47
44.62
5.72
15.57
1.3
-0.25

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,928
3,608
3,919
LT Borrowings
5,097
5,054
4,923
LT Finance Leases
715
334
322
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,997
3,997
3,997
Market Capitalization
18,145
13,629
15,068

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,859
19,569
19,048
Cash, Cash Equivalents & STI
196
297
154
Accounts Receivable, Net
1,490
1,542
595
Inventories
11,866
14,562
15,518
Total Current Liabilities
6,992
8,215
8,625
Payables & Accruals
- -
- -
- -
ST Debt
2,928
3,608
3,919
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
111.19%
220.7%
1.65%
Free Cash Flow
56.69%
27.91%
-60.38%
Net Income, GAAP
225.8%
451.77%
-90.19%
Sales/Revenue/Turnover
103.59%
112%
-69.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,356
596
651
10,797
17,378
2025
1,412
1,759
655
1,982
5,299
2026
2,717
1,665
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
-0.08
-0.08
1.15
1.71
2025
0.1
0.14
- -
-0.05
0.17
2026
0.15
-0.14
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Seba Gacemer
Sector
Finance
Industry
Real estate investment trusts
Address
Istanbul Turkey
IPO Date
Jun 22, 2007
Website
sinpasgyo.com
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Business
Sinpas Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust engaged in the investment, development, construction, and management of residential and commercial real estate projects. Founded in 2006 and headquartered in Istanbul, Turkey, the company operates as a key real estate development arm of Sinpas Holding. The company's core product and service portfolio encompasses large-scale themed residential complexes and master-planned housing communities; premium high-rise residences and mixed-use commercial properties; retail spaces, office units, and business centers; property portfolio management and real estate asset monetization; project design, engineering, and construction management; commercial leasing and property maintenance services; and international property marketing and sales operations. Key branded developments across its portfolio include landmark projects such as Sinpas Boulevard, Finans Sehir, Queen Bomonti, Marina Ankara, Altinoran, Gökorman, Metrolife, Bursa Modern, and Bosphorus City, alongside thermal wellness and hospitality real estate assets developed through its subsidiary Kizilbuk Gayrimenkul Yatirim Ortakligi A.S. The company operates primarily across major urban centers in Turkey, including Istanbul, Ankara, Bursa, and Mugla, while serving retail homebuyers, institutional property investors, and foreign buyers across Europe and the Middle East. In recent developments, Sinpas Gayrimenkul Yatirim Ortakligi A.S. has expanded its active project pipeline through the launch and continued phased construction of urban residential complexes including Sinpas Koru Aura and Sinpas Boulevard Sefakoy. The company has also regularly issued corporate lease certificates and debt instruments on Borsa Istanbul to diversify its project financing sources, advanced the multi-phase construction and commercialization of the Kizilbuk Thermal Wellness Resort project in Marmaris, and executed capital structure optimizations to support its expanding portfolio of sustainable urban regeneration and lifestyle real estate assets.