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Zorlu Enerji Elektrik Uretim A.S.

Zorlu Enerji Elektrik Uretim A.S.

BBIST:ZOREN
1.35
TRY
-0.14
(-9.40%)
-2.31EPS
13.80BMarket Cap
Nov 10Next Earn
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
0.54
0.69
0.59
0.74
1.54
1.65
2.27
2.37
3.25
9.4
11.82
77.64
72.39
6.94
Basic EPS, GAAP
-0.27
-0.19
-0.22
- -
0.01
0.01
-0.03
0.02
-0.02
2.3
4.73
-6.19
-29.41
-2.31
Free Cash Flow per Basic Share
-0.13
-0.02
0.42
-0.43
0.01
0.46
0.7
0.46
0.46
0.53
4.65
13.98
-1.3
-0.68
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.66
0.45
0.49
-0.05
0.31
0.69
0.49
0.68
1.53
8.38
11.09
15.35
11.51
12.68
Tangible Book Value per Share
0.64
0.44
0.48
-0.12
-0.17
0.23
0.06
0.26
1.16
6.24
8.88
12.61
8.91
9.71
Basic Weighted Avg Shares
1,166
1,166
1,211
1,664
3,241
3,618
3,618
3,618
3,578
4,129
3,333
500
500
4,998
Sales/Revenue/Turnover
625
807
709
1,224
4,988
5,970
8,204
8,579
11,635
38,806
39,389
38,819
36,197
34,709
Operating Margin (%)
0.21
6.38
17.81
17.29
12.35
20.94
15.95
16.56
20.51
10.4
7
5.34
0.04
-1.48
Depreciation Expense
125
140
145
199
286
459
518
603
691
3,669
6,194
6,319
6,288
5,358
Net Income, GAAP
-309
-224
-263
-4
35
35
-119
74
-86
9,493
15,768
-3,094
-14,707
-11,536
Effective Tax Rate (%)
- -
- -
- -
- -
66.6
- -
- -
73.59
- -
28.22
- -
- -
- -
- -
Profit Margin (%)
-49.47
-27.79
-37.13
-0.33
0.7
0.58
-1.45
0.86
-0.74
24.46
40.03
-7.97
-40.63
-33.24
Working Capital
-1,129
-1,343
-1,239
-1,718
-2,468
-2,730
-4,096
-3,980
-3,030
-14,950
-16,938
-8,806
-780
-3,410
LT Debt
2,405
1,510
2,636
4,438
5,701
7,888
8,015
10,053
18,174
37,329
36,947
45,202
45,312
48,646
Total Equity
771
525
752
-138
1,061
2,400
1,668
2,297
6,182
34,521
55,546
76,765
57,551
63,384
Return on Invested Capital (%)
- -
- -
- -
- -
2.66
- -
- -
3.06
- -
5.87
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
2.37
- -
- -
3.32
- -
23.57
- -
- -
- -
- -
Return on Common Equity (%)
-64.84
-34.78
-41.23
- -
- -
1.91
-5.55
3.5
-1.97
46.42
35.03
-4.68
-21.9
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11,366
11,526
12,116
LT Borrowings
45,075
47,251
48,418
LT Finance Leases
237
19
228
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,000
5,000
5,000
Market Capitalization
15,350
13,900
13,800

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
22,813
20,775
22,508
Cash, Cash Equivalents & STI
10,703
7,828
6,893
Accounts Receivable, Net
8,662
8,978
11,152
Inventories
636
637
984
Total Current Liabilities
23,592
22,350
25,918
Payables & Accruals
- -
- -
- -
ST Debt
11,366
11,526
12,116
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-15.33%
140.32%
-25.03%
Free Cash Flow
600.32%
95.54%
-109.31%
Net Income, GAAP
-1,265.26%
-2,195.43%
375.33%
Sales/Revenue/Turnover
70.43%
52.49%
-6.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,206
7,055
11,178
9,421
38,819
2025
8,014
8,720
9,829
12,294
36,197
2026
5,940
6,645
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.97
-0.35
-0.27
-0.82
-6.19
2025
-0.87
-1.28
0.9
-2.04
-29.41
2026
-0.61
-0.55
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Ibrahim Sinan Ak
Full Time Employees
1,797
Sector
Utilities
Industry
Electric utilities
Address
Büyükdere Avenue Sisli IST Turkey 34394
IPO Date
May 25, 2000
Website
zoren.com.tr
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Business
Zorlu Enerji Elektrik Üretim A.S. (ZOREN.IS) operates as an integrated renewable energy company focused on electricity generation from geothermal, wind, hydroelectric, and hybrid sources; engineering, procurement, and construction (EPC) services; operation and maintenance (O&M) for power facilities; electricity retail sales and distribution; solar panel sales and installation; electric vehicle (EV) charging station networks exceeding 4,500 points; EV rental services; inverter sales; and carbon credit trading. The company maintains a total installed capacity of approximately 670 MW across facilities including Denizli Kızıldere (260 MW geothermal), Osmaniye Gökçedağ (135 MW), Manisa Alaşehir (45 MW geothermal with recent hybrid solar integration), and others in Turkey such as Rize İkizdere, Erzincan Tercan, and Tunceli Mercan, as well as international operations in Pakistan (Jhimpir, 56.4 MW). Founded in 1993 and headquartered in Bursa, Turkey, Zorlu Enerji primarily serves domestic markets while pursuing global sustainability initiatives, with shares listed on Borsa Istanbul since 2000. Recent developments include the March 2024 completion of a USD 200 million sale of its gas distribution assets (Zorlu Enerji Dağıtım A.Ş., encompassing Trakya and Gaziantep operations) to Gaztrak Enerji A.Ş., a PALMET Enerji subsidiary, to sharpen focus on renewables; the divestiture of minority stakes in Israeli natural gas plants to fully exit that market; the commissioning of Turkey's pioneering hybrid geothermal-solar power plant at Alaşehir; a strategic maintenance partnership with Schaeffler for wind turbines; capital increases at subsidiary Electrip Global Limited; multiple corporate bond and commercial paper issuances in 2025 for financing; and enhanced ESG recognition, ranking third globally by LSEG (score 89) and leadership in S&P Global and CDP assessments, alongside CEO transition to Elif Yener.