Income Statement Alkim Alkali Kimya

Stocks

ALKIM

TRAALKIM91E0

Paper Products

Delayed Borsa Istanbul Other stock markets 08:15:17 2026-07-08 EDT			5-day change	1st Jan Change
17.21 ^TRY	-2.16%		-3.53%	-6.47%

05-11	Alkim Alkali Kimya A.S. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
03-11	Alkim Alkali Kimya A.S. Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: ALKIM ALKALI KIMYA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.1B	2.8B	4.03B	4.69B	5.1B
Total Revenues	1.1B	2.8B	4.03B	4.69B	5.1B
Cost of Goods Sold, Total	792M	1.91B	3.23B	4.02B	4.48B
Gross Profit	304M	882M	797M	665M	614M
Selling General & Admin Expenses, Total	66.82M	149M	307M	446M	479M
R&D Expenses	153K	795K	681K	1.18M	1.6M
Other Operating Expenses	-5.19M	-8.54M	-32.76M	-21.82M	5.74M
Other Operating Expenses, Total	61.78M	141M	275M	425M	486M
Operating Income	242M	742M	522M	240M	128M
Interest Expense, Total	-	-5.5M	-16.73M	-8.57M	-31.14M
Interest And Investment Income	44.12M	27.84M	46.92M	119M	42.54M
Net Interest Expenses	44.12M	22.33M	30.19M	111M	11.4M
Currency Exchange Gains (Loss)	65.84M	76.03M	75.39M	102M	27.49M
Other Non Operating Income (Expenses)	-324K	-	-407M	-506M	-325M
EBT, Excl. Unusual Items	352M	840M	220M	-53.94M	-158M
Insurance Settlements	2.12M	821K	821K	3.16M	3.79M
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	354M	841M	221M	-50.78M	-154M
Income Tax Expense	68.99M	173M	-68.08M	114M	276M
Earnings From Continuing Operations	285M	668M	289M	-165M	-430M
Net Income to Company	285M	668M	289M	-165M	-430M
Minority Interest	-37.05M	-95.36M	-18.11M	28.14M	21.54M
Net Income - (IS)	248M	572M	271M	-136M	-408M
Net Income to Common Incl Extra Items	248M	572M	271M	-136M	-408M
Net Income to Common Excl. Extra Items	248M	572M	271M	-136M	-408M
Per Share Items
Net EPS - Basic	0.83	1.91	0.9	-0.45	-1.36
Basic EPS - Continuing Operations	0.83	1.91	0.9	-0.45	-1.36
Basic Weighted Average Shares Outstanding	300M	300M	300M	300M	300M
Net EPS - Diluted	0.83	1.91	0.9	-0.45	-1.36
Diluted EPS - Continuing Operations	0.83	1.91	0.9	-0.45	-1.36
Diluted Weighted Average Shares Outstanding	300M	300M	300M	300M	300M
Normalized Basic EPS	0.61	1.43	0.4	-0.02	-0.26
Normalized Diluted EPS	0.61	1.43	0.4	-0.02	-0.26
Dividend Per Share	-	0.46	-	-	-
Payout Ratio	54.85	21.07	75.95	-	-
Supplemental Items
EBITDA	266M	774M	657M	441M	391M
EBITA	242M	742M	522M	240M	128M
EBIT	242M	742M	522M	240M	128M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	19.48	20.59	-30.79	-224.13	-179.14
Current Domestic Taxes	-	-	-	-	17.38M
Total Current Taxes	64.27M	185M	180M	16.82M	17.38M
Deferred Domestic Taxes	-	-	-	-	258M
Total Deferred Taxes	4.72M	-12.27M	-248M	97.01M	258M
Normalized Net Income	183M	430M	120M	-5.57M	-77.07M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	33M	88.95M	166M	193M	181M
General and Administrative Expenses	33.82M	59.55M	140M	253M	298M
Research And Development Expense From Footnotes	153K	795K	681K	1.18M	1.6M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	336M	236M	536M	486M	271M
Short Term Investments	-	-	148M	-	-
Trading Asset Securities, Total	-	-	29.94M	-	-
Total Cash And Short Term Investments	336M	236M	714M	486M	271M
Accounts Receivable, Total	238M	490M	396M	584M	816M
Other Receivables	2.73M	14.84M	21.37M	66.74M	33.95M
Total Receivables	240M	505M	417M	651M	850M
Inventory	258M	522M	800M	1.05B	1.21B
Prepaid Expenses	502K	5.67M	14.3M	23.34M	37.28M
Other Current Assets, Total	10.59M	45.66M	30.27M	65.87M	153M
Total Current Assets	846M	1.31B	1.98B	2.28B	2.52B
Gross Property Plant And Equipment	549M	658M	5.25B	8.22B	11.57B
Accumulated Depreciation	-287M	-318M	-3.96B	-5.9B	-7.96B
Net Property Plant And Equipment	262M	340M	1.28B	2.32B	3.61B
Long-term Investments	14.28K	14.28K	-	-	-
Other Intangibles, Total	-328K	422K	8.2M	10.71M	12.04M
Deferred Tax Assets Long-Term	34.13M	50.88M	119M	82.77M	-
Deferred Charges Long-Term	2.98M	2.29M	118K	0	0
Other Long-Term Assets, Total	6.07M	35.22M	158M	174M	141M
Total Assets	1.15B	1.74B	3.55B	4.87B	6.28B
Liabilities
Accounts Payable, Total	217M	304M	521M	771M	1.11B
Accrued Expenses, Total	12.14M	21.89M	50.45M	70.3M	95.38M
Short-term Borrowings	-	49.84K	37.89M	-	107M
Current Portion of Long-Term Debt	26.6M	34.27M	54.65M	35.53M	59.72M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	42.03M	34.3M	39.13M	-	1.28M
Unearned Revenue Current, Total	31.46M	5.18M	36.65M	25.35M	70.69M
Other Current Liabilities	2.51M	2.46M	7.56M	1.13M	2.15M
Total Current Liabilities	332M	402M	748M	903M	1.45B
Long-Term Debt	49.47M	32.63M	-	93.07M	76.34M
Pension & Other Post Retirement Benefits	31.92M	61.85M	51.23M	67.81M	75.93M
Deferred Tax Liability Non Current	-	-	-	6.56M	155M
Total Liabilities	413M	496M	799M	1.07B	1.75B
Common Stock, Total	150M	150M	150M	300M	300M
Retained Earnings	531M	983M	1.71B	2.18B	2.44B
Comprehensive Income and Other	-13.95M	-31.88M	709M	1.09B	1.51B
Total Common Equity	667M	1.1B	2.57B	3.56B	4.25B
Minority Interest	69.8M	146M	181M	233M	273M
Total Equity	737M	1.25B	2.75B	3.8B	4.53B
Total Liabilities And Equity	1.15B	1.74B	3.55B	4.87B	6.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	300M	300M	300M	300M	300M
ECS Total Common Shares Outstanding	300M	300M	300M	300M	300M
Book Value / Share	2.22	3.67	8.55	11.88	14.18
Tangible Book Value	668M	1.1B	2.56B	3.55B	4.24B
Tangible Book Value Per Share	2.23	3.67	8.52	11.84	14.14
Total Debt	76.08M	66.95M	92.53M	129M	243M
Net Debt	-260M	-170M	-621M	-357M	-27.56M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	69.8M	146M	181M	233M	273M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	157M	289M	468M	553M	692M
Inventories - Work In Process, Total	3.68M	17.9M	20.99M	31.15M	37.93M
Inventories - Finished Goods, Total	81.56M	193M	254M	404M	386M
Inventories - Others	15.65M	22.88M	58.33M	63.19M	91.21M
Land - (BS)	312K	362K	24.94M	33.33M	43.63M
Buildings, Total	67.96M	70.45M	710M	1.06B	1.38B
Machinery, Total	449M	469M	3.96B	5.83B	7.3B
Full Time Employees	406	409	717	630	588
Accumulated Allowance for Doubtful Accounts (Supple)	33.34M	33.34M	33.34M	33.34M	34.85M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	248M	572M	271M	-136M	-408M
Depreciation & Amortization - CF	23.14M	32.08M	135M	202M	263M
Depreciation & Amortization, Total	23.14M	32.08M	135M	202M	263M
Amortization of Deferred Charges, Total - (CF)	809K	919K	4.29M	2.71M	3.52M
(Gain) Loss From Sale Of Asset	-41.44M	-3.92M	-3M	-63.31M	-6.35M
Asset Writedown & Restructuring Costs	-1.81K	-	-84.3K	-	-
Other Operating Activities, Total	115M	110M	-83.27M	222M	327M
Change In Accounts Receivable	-96.18M	-252M	411M	-12.49M	-51.06M
Change In Inventories	-97.94M	-264M	196M	103M	169M
Change In Accounts Payable	151M	76.47M	17.67M	18.33M	102M
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	61.87M	-98.24M	-7.19M	-105M	101M
Cash from Operations	365M	174M	942M	231M	501M
Capital Expenditure	-146M	-114M	-124M	-677M	-839M
Sale of Property, Plant, and Equipment	57.22M	8.18M	9.63M	76.47M	10.1M
Sale (Purchase) of Real Estate properties	-	-284K	-3.29M	-5.56M	-
Sale (Purchase) of Intangible assets	-404K	-977K	-2.76M	-1.4M	-1.55M
Investment in Marketable and Equity Securities, Total	-	-	-178M	256M	-
Other Investing Activities, Total	-	-	-	46.17M	36.19M
Cash from Investing	-88.89M	-107M	-298M	-305M	-794M
Long-Term Debt Issued, Total	-	49.84K	37.84M	124M	518M
Total Debt Issued	-	49.84K	37.84M	124M	518M
Long-Term Debt Repaid, Total	-	-33.22M	-66.8M	-92.53M	-408M
Total Debt Repaid	-	-33.22M	-66.8M	-92.53M	-408M
Common Dividends Paid	-136M	-121M	-206M	-	-
Common & Preferred Stock Dividends Paid	-136M	-121M	-206M	-	-
Other Financing Activities, Total	2.68M	-11.93M	-16.25M	-8.57M	-31.14M
Cash from Financing	-133M	-166M	-251M	22.43M	78.63M
Foreign Exchange Rate Adjustments	-	-	-245M	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-238M	-150M
Net Change in Cash	143M	-99.48M	147M	-289M	-365M
Supplemental Items
Cash Interest Paid	-	5.5M	16.73M	8.57M	31.14M
Cash Income Tax Paid (Refund)	25.3M	193M	172M	41.17M	19.98M
Levered Free Cash Flow	333K	-129M	1.03B	-377M	-270M
Unlevered Free Cash Flow	333K	-125M	1.04B	-371M	-251M
Change In Net Working Capital	29.01M	507M	-701M	47.83M	-243M
Net Debt Issued / Repaid	-	-33.18M	-28.97M	31M	110M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	15.91	32.03	9.04	3	1.27
Return on Total Capital	21.61	43.57	11.51	3.73	1.62
Return On Equity %	44.61	67.28	10.58	-4.24	-9.05
Return on Common Equity	42.54	64.73	10.65	-3.76	-9.15
Margin Analysis
Gross Profit Margin %	27.74	31.55	19.79	14.17	12.05
SG&A Margin	6.09	5.31	7.62	9.5	9.39
EBITDA Margin %	24.22	27.66	16.31	9.42	7.67
EBITA Margin %	22.11	26.51	12.96	5.11	2.52
EBIT Margin %	22.11	26.51	12.96	5.11	2.52
Income From Continuing Operations Margin %	26.01	23.87	7.18	-3.51	-8.43
Net Income Margin %	22.63	20.46	6.73	-2.91	-8.01
Net Avail. For Common Margin %	22.63	20.46	6.73	-2.91	-8.01
Normalized Net Income Margin	16.69	15.36	2.97	-0.12	-1.51
Levered Free Cash Flow Margin	0.03	-4.6	25.55	-8.04	-5.29
Unlevered Free Cash Flow Margin	0.03	-4.48	25.81	-7.92	-4.91
Asset Turnover
Asset Turnover	1.15	1.93	1.12	0.94	0.81
Fixed Assets Turnover	5.27	9.3	3.12	2.25	1.53
Receivables Turnover (Average Receivables)	5.78	7.69	6.69	8.11	6.45
Inventory Turnover (Average Inventory)	3.79	4.91	3.6	3.65	3.47
Short Term Liquidity
Current Ratio	2.55	3.27	2.64	2.52	1.74
Quick Ratio	1.74	1.85	1.51	1.26	0.77
Operating Cash Flow to Current Liabilities	1.1	0.43	1.26	0.26	0.35
Days Sales Outstanding (Average Receivables)	63.14	47.49	54.54	45.12	56.57
Days Outstanding Inventory (Average Inventory)	96.31	74.39	101.51	100.4	105.17
Average Days Payable Outstanding	57.96	43.6	61.45	71.12	89.68
Cash Conversion Cycle (Average Days)	101.49	78.27	94.61	74.4	72.06
Long Term Solvency
Total Debt/Equity	10.32	5.37	3.37	3.39	5.38
Total Debt / Total Capital	9.36	5.09	3.26	3.28	5.1
LT Debt/Equity	6.71	2.62	-	2.45	1.69
Long-Term Debt / Total Capital	6.08	2.48	-	2.37	1.6
Total Liabilities / Total Assets	35.92	28.46	22.53	22	27.93
EBIT / Interest Expense	-	134.74	31.2	27.95	4.12
EBITDA / Interest Expense	-	140.57	39.25	51.51	12.56
(EBITDA - Capex) / Interest Expense	-	119.81	31.81	-27.43	-14.37
Total Debt / EBITDA	0.29	0.09	0.14	0.29	0.62
Net Debt / EBITDA	-0.98	-0.22	-0.95	-0.81	-0.07
Total Debt / (EBITDA - Capex)	0.63	0.1	0.17	-0.55	-0.54
Net Debt / (EBITDA - Capex)	-2.17	-0.26	-1.17	1.52	0.06
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	45.39	155.08	-24.96	-19.35	-16.9
Gross Profit, 1 Yr. Growth %	18.82	190.07	-41.67	-42.22	-29.36
EBITDA, 1 Yr. Growth %	16.68	191.35	-46.04	-53.43	-32.33
EBITA, 1 Yr. Growth %	17.52	205.94	-51.17	-68.2	-59.05
EBIT, 1 Yr. Growth %	17.52	205.94	-51.17	-68.2	-59.05
Earnings From Cont. Operations, 1 Yr. Growth %	32.02	134.13	-2.01	-139.43	99.5
Net Income, 1 Yr. Growth %	24.57	130.65	36.34	-134.87	128.58
Normalized Net Income, 1 Yr. Growth %	41.2	134.79	-65.58	-103.23	956.77
Diluted EPS Before Extra, 1 Yr. Growth %	24.57	130.65	36.34	-134.87	128.58
Accounts Receivable, 1 Yr. Growth %	67.93	106.08	-50.95	2.18	6.68
Inventory, 1 Yr. Growth %	61.18	102.43	-19.66	-8.95	-12.31
Net Property, Plant and Equip., 1 Yr. Growth %	69.91	29.86	-1.05	25.19	18.83
Total Assets, 1 Yr. Growth %	52.45	51.6	-3.5	-4.92	-1.39
Tangible Book Value, 1 Yr. Growth %	33.99	65.6	1.65	-3.78	-8.95
Common Equity, 1 Yr. Growth %	33.65	65	1.59	-3.8	-8.96
Cash From Operations, 1 Yr. Growth %	262.65	-52.45	194.86	-82.97	65.21
Capital Expenditures, 1 Yr. Growth %	673.7	-21.6	-36.7	276.45	-6.06
Levered Free Cash Flow, 1 Yr. Growth %	-99.73	-38.78K	-310.23	-141.32	-64.98
Unlevered Free Cash Flow, 1 Yr. Growth %	-99.74	-37.74K	-315.27	-140.38	-67.21
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.93	92.58	91.62	-6.53	-6.34
Gross Profit, 2 Yr. CAGR %	23	85.65	61.83	-30.25	-26.91
EBITDA, 2 Yr. CAGR %	23.33	84.38	57.25	-39.77	-35.78
EBITA, 2 Yr. CAGR %	26.22	89.61	46.74	-52.66	-58.72
EBIT, 2 Yr. CAGR %	26.22	89.61	46.74	-52.66	-58.72
Earnings From Cont. Operations, 2 Yr. CAGR %	42.51	75.81	0.7	-25.32	1.46
Net Income, 2 Yr. CAGR %	37.35	69.5	4.52	-17.15	2.14
Normalized Net Income, 2 Yr. CAGR %	40.78	82.08	-19.17	-87.33	-33.18
Diluted EPS Before Extra, 2 Yr. CAGR %	37.35	69.5	4.52	-17.15	2.14
Accounts Receivable, 2 Yr. CAGR %	52.3	86.03	29.06	-14.93	19.45
Inventory, 2 Yr. CAGR %	53.8	80.63	76.11	2.76	2.23
Net Property, Plant and Equip., 2 Yr. CAGR %	31.57	48.54	121.5	33.74	39.54
Total Assets, 2 Yr. CAGR %	44.25	52.02	75.57	15.1	10.78
Tangible Book Value, 2 Yr. CAGR %	31.08	48.63	96.15	18.83	7.2
Common Equity, 2 Yr. CAGR %	30.87	48.5	96.08	18.78	7.17
Cash From Operations, 2 Yr. CAGR %	59.84	31.32	60.61	-14.85	-39.32
Capital Expenditures, 2 Yr. CAGR %	162.51	146.29	-7.57	85.48	116
Levered Free Cash Flow, 2 Yr. CAGR %	-93.47	1.71	5.46K	-12.25	-45.59
Unlevered Free Cash Flow, 2 Yr. CAGR %	-93.59	-0.75	5.49K	-12.29	-47.81
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	23	59.33	74.78	62.31	-1.68
Gross Profit, 3 Yr. CAGR %	22.74	63.73	45.99	29.76	-23.37
EBITDA, 3 Yr. CAGR %	24.54	64.26	42.36	18.46	-31.51
EBITA, 3 Yr. CAGR %	27.58	69.55	36.27	-0.39	-50.66
EBIT, 3 Yr. CAGR %	27.58	69.55	36.27	-0.39	-50.66
Earnings From Cont. Operations, 3 Yr. CAGR %	43.53	68.16	10.21	-16.74	13.35
Net Income, 3 Yr. CAGR %	41.76	63.26	10.82	-18.07	27.11
Normalized Net Income, 3 Yr. CAGR %	42.01	66.95	-2.65	-68.77	-39.46
Diluted EPS Before Extra, 3 Yr. CAGR %	41.76	63.26	10.82	-18.07	27.11
Accounts Receivable, 3 Yr. CAGR %	48.04	68.45	40.89	34.94	0.35
Inventory, 3 Yr. CAGR %	28.57	68.55	70.98	59.75	6.62
Net Property, Plant and Equip., 3 Yr. CAGR %	19.18	31	102.76	106.98	40.64
Total Assets, 3 Yr. CAGR %	33.99	46.66	67.49	61.75	19.58
Tangible Book Value, 3 Yr. CAGR %	28.14	41.49	72.49	74.84	19.03
Common Equity, 3 Yr. CAGR %	27.98	41.38	72.56	74.78	18.99
Cash From Operations, 3 Yr. CAGR %	57.83	6.7	110.71	-14.08	16.17
Capital Expenditures, 3 Yr. CAGR %	105.9	75.47	87.67	66.83	62.16
Levered Free Cash Flow, 3 Yr. CAGR %	-77.97	18.12	102.21	942.2	-17.98
Unlevered Free Cash Flow, 3 Yr. CAGR %	-78.76	15.64	101.42	937.24	-19.64
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	29.56	47.9	46.87	46.64	46.56
Gross Profit, 5 Yr. CAGR %	28.51	57.09	37.09	27.01	19.14
EBITDA, 5 Yr. CAGR %	32.06	56.74	36.72	20.39	11.43
EBITA, 5 Yr. CAGR %	36.83	63.19	34.92	9.51	-9.04
EBIT, 5 Yr. CAGR %	36.83	63.19	34.92	9.51	-9.04
Earnings From Cont. Operations, 5 Yr. CAGR %	40.41	57.4	24.56	3.23	14.75
Net Income, 5 Yr. CAGR %	39.53	55.18	25.49	0.74	15.44
Normalized Net Income, 5 Yr. CAGR %	41.4	62.77	13.35	-42.97	-9.87
Diluted EPS Before Extra, 5 Yr. CAGR %	39.53	55.18	25.49	0.74	15.44
Accounts Receivable, 5 Yr. CAGR %	36.17	55.32	40.13	41.63	41.94
Inventory, 5 Yr. CAGR %	34.98	45.86	45.81	57.34	49.8
Net Property, Plant and Equip., 5 Yr. CAGR %	14.85	16.45	52.71	72.67	87.92
Total Assets, 5 Yr. CAGR %	26.9	34.92	49.29	54.51	52.79
Tangible Book Value, 5 Yr. CAGR %	24.87	33.4	51.8	55.67	53.47
Common Equity, 5 Yr. CAGR %	24.73	33.28	51.79	55.68	53.5
Cash From Operations, 5 Yr. CAGR %	39.73	19.73	58.94	10.14	37.83
Capital Expenditures, 5 Yr. CAGR %	31.63	19.19	49.46	100	113.66
Levered Free Cash Flow, 5 Yr. CAGR %	-42.56	50.71	101.27	36.98	16.76
Unlevered Free Cash Flow, 5 Yr. CAGR %	-44.19	55.49	97.3	35.6	14.52
Dividend Per Share, 5 Yr. CAGR %	-	36.87	-	-	-