{"id":2301,"date":"2026-05-02T12:34:58","date_gmt":"2026-05-02T09:34:58","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2301"},"modified":"2026-05-02T12:35:24","modified_gmt":"2026-05-02T09:35:24","slug":"lider-2026-03-bilano-analizi-ldr-turizm","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2301","title":{"rendered":"\ud83d\udd34 LIDER 2026-03 Bilan\u00e7o Analizi | LDR Turizm"},"content":{"rendered":"<h1>LDR TUR\u0130ZM A.\u015e. (L\u0130DER F\u0130LO) 31 MART 2026 ARA D\u00d6NEM F\u0130NANSAL B\u0130LG\u0130LEND\u0130RME NOTU<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>LDR Turizm A.\u015e. (Lider Filo), 31 Mart 2026 tarihinde sona eren \u00fc\u00e7 ayl\u0131k ara hesap d\u00f6neminde, operasyonel faaliyetlerinin \u00f6tesinde yat\u0131r\u0131m faaliyetlerinden kaynaklanan ola\u011fan\u00fcst\u00fc bir b\u00fcy\u00fcme ve karl\u0131l\u0131k performans\u0131 sergilemi\u015ftir. TMS 29 &#8220;Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama&#8221; standard\u0131 uyar\u0131nca enflasyon d\u00fczeltmesine tabi tutulan verilere g\u00f6re, \u015firketin toplam varl\u0131klar\u0131 2025 y\u0131l sonuna g\u00f6re %40,7 oran\u0131nda artarak 21,4 milyar TL seviyesine ula\u015fm\u0131\u015ft\u0131r. Bu b\u00fcy\u00fcmenin temel itici g\u00fcc\u00fc, 16,9 milyar TL&#8217;ye ula\u015fan finansal yat\u0131r\u0131mlar (yat\u0131r\u0131m fonlar\u0131) kalemidir.<\/p>\n<p>D\u00f6nem net kar\u0131, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %1.423 oran\u0131nda bir art\u0131\u015fla 4,78 milyar TL olarak ger\u00e7ekle\u015fmi\u015ftir. Karl\u0131l\u0131ktaki bu s\u0131\u00e7rama, esas faaliyet kar\u0131ndan ziyade 7,39 milyar TL tutar\u0131ndaki yat\u0131r\u0131m faaliyetlerinden elde edilen gelirlerden kaynaklanmaktad\u0131r. \u015eirket, operasyonel tarafta 2.102 adetlik bir ara\u00e7 park\u0131n\u0131 y\u00f6netmekte olup, gelece\u011fe y\u00f6nelik 2,4 milyar TL tutar\u0131nda garanti edilmi\u015f kira alaca\u011f\u0131na sahiptir.<\/p>\n<h2>\u015eirket Organizasyonu ve Faaliyet Konusu<\/h2>\n<p>LDR Turizm A.\u015e., motorlu hafif kara ta\u015f\u0131tlar\u0131n\u0131n s\u00fcr\u00fcc\u00fcs\u00fcz olarak kiralanmas\u0131 (operasyonel filo kiralama) ve ikinci el ara\u00e7 sat\u0131\u015f\u0131 alanlar\u0131nda faaliyet g\u00f6stermektedir.<\/p>\n<ul>\n<li><b>Ortakl\u0131k Yap\u0131s\u0131:<\/b> \u015eirketin hakim orta\u011f\u0131 %69,09 pay oran\u0131 ile Metin Barokas&#8217;t\u0131r. \u015eirketin halka a\u00e7\u0131kl\u0131k oran\u0131 %30,91&#8217;dir.<\/li>\n<li><b>Sermaye Bilgileri:<\/b> \u015eirketin \u00e7\u0131kar\u0131lm\u0131\u015f sermayesi 825.000.000 TL olup, kay\u0131tl\u0131 sermaye tavan\u0131 2026-2030 y\u0131llar\u0131 i\u00e7in 5.000.000.000 TL&#8217;ye y\u00fckseltilmi\u015ftir.<\/li>\n<li><b>\u0130stihdam:<\/b> 31 Mart 2026 itibar\u0131yla personel say\u0131s\u0131 44&#8217;t\u00fcr.<\/li>\n<\/ul>\n<h2>Finansal Durum Analizi (Varl\u0131klar ve Kaynaklar)<\/h2>\n<p>\u015eirketin finansal pozisyonu, y\u00fcksek likidite ve g\u00fc\u00e7l\u00fc \u00f6zkaynak yap\u0131s\u0131 ile dikkat \u00e7ekmektedir.<\/p>\n<h3>Varl\u0131k Yap\u0131s\u0131<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Varl\u0131k Kalemi<\/td>\n<td>31 Mart 2026 (TL)<\/td>\n<td>31 Aral\u0131k 2025 (TL)<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td>17.999.175.175<\/td>\n<td>11.669.153.506<\/td>\n<td>+54,2%<\/td>\n<\/tr>\n<tr>\n<td>&#8212; Finansal Yat\u0131r\u0131mlar<\/td>\n<td>16.929.907.889<\/td>\n<td>10.397.284.725<\/td>\n<td>+62,8%<\/td>\n<\/tr>\n<tr>\n<td>&#8212; Nakit ve Nakit Benzerleri<\/td>\n<td>727.482.282<\/td>\n<td>819.389.756<\/td>\n<td>-11,2%<\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td>3.432.292.199<\/td>\n<td>3.558.752.974<\/td>\n<td>-3,5%<\/td>\n<\/tr>\n<tr>\n<td>&#8212; Faaliyet Kiralamas\u0131na Konu Varl\u0131klar<\/td>\n<td>2.842.602.788<\/td>\n<td>2.929.933.219<\/td>\n<td>-3,0%<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>21.431.467.374<\/b><\/td>\n<td><b>15.227.906.480<\/b><\/td>\n<td><b>+40,7%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Y\u00fck\u00fcml\u00fcl\u00fckler ve \u00d6zkaynaklar<\/h3>\n<ul>\n<li><b>Finansal Bor\u00e7lar:<\/b> Toplam finansal bor\u00e7lanmalar 2,53 milyar TL seviyesindedir. Bor\u00e7lar\u0131n b\u00fcy\u00fck \u00e7o\u011funlu\u011fu (%42,36 a\u011f\u0131rl\u0131kl\u0131 ortalama faiz oran\u0131 ile) T\u00fcrk Liras\u0131 cinsinden banka kredilerinden olu\u015fmaktad\u0131r.<\/li>\n<li><b>Ertelenmi\u015f Vergi Y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc:<\/b> 3,71 milyar TL tutar\u0131ndaki bu kalem, varl\u0131klar\u0131n TFRS ve yasal kay\u0131tlar aras\u0131ndaki ge\u00e7ici farklar\u0131ndan kaynaklanmaktad\u0131r.<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> Toplam \u00f6zkaynaklar, d\u00f6nem kar\u0131n\u0131n etkisiyle 10,3 milyar TL&#8217;den 15,07 milyar TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<li><b>Cari Oran:<\/b> \u015eirketin cari oran\u0131 10,13 ile olduk\u00e7a y\u00fcksek bir seviyededir (2025 sonu: 6,17), bu da k\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fcklerini kar\u015f\u0131lama kabiliyetinin \u00e7ok g\u00fc\u00e7l\u00fc oldu\u011funu g\u00f6stermektedir.<\/li>\n<\/ul>\n<h2>Kar veya Zarar Analizi<\/h2>\n<p>2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde \u015firket, operasyonel ve yat\u0131r\u0131m faaliyetleri aras\u0131nda belirgin bir ayr\u0131\u015fma ya\u015fam\u0131\u015ft\u0131r.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Hesap Kalemi<\/td>\n<td>01.01.-31.03.2026 (TL)<\/td>\n<td>01.01.-31.03.2025 (TL)<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>453.848.608<\/td>\n<td>698.332.626<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar \/ (Zarar)<\/b><\/td>\n<td>62.672.127<\/td>\n<td>(14.823.427)<\/td>\n<\/tr>\n<tr>\n<td><b>Esas Faaliyet Kar\u0131 \/ (Zarar\u0131)<\/b><\/td>\n<td>29.469.597<\/td>\n<td>(58.020.713)<\/td>\n<\/tr>\n<tr>\n<td><b>Yat\u0131r\u0131m Faaliyetlerinden Gelirler<\/b><\/td>\n<td>7.389.460.520<\/td>\n<td>1.341.377.081<\/td>\n<\/tr>\n<tr>\n<td><b>Net Parasal Pozisyon Kayb\u0131<\/b><\/td>\n<td>(820.368.622)<\/td>\n<td>(506.672.961)<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nem Net Kar\u0131<\/b><\/td>\n<td><b>4.783.118.733<\/b><\/td>\n<td><b>314.025.052<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Temel Bulgular:<\/h3>\n<ol>\n<li><b>Has\u0131lat De\u011fi\u015fimi:<\/b> Toplam has\u0131lat ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re d\u00fc\u015f\u00fc\u015f g\u00f6stermi\u015ftir. Bu d\u00fc\u015f\u00fc\u015f\u00fcn ana sebebi, ikinci el ara\u00e7 sat\u0131\u015f gelirlerinin 435,7 milyon TL&#8217;den 193,5 milyon TL&#8217;ye gerilemesidir. Faaliyet kiralamas\u0131 gelirleri ise 239 milyon TL&#8217;den 244,8 milyon TL&#8217;ye y\u00fckselerek istikrar\u0131n\u0131 korumu\u015ftur.<\/li>\n<li><b>Yat\u0131r\u0131m Odakl\u0131 B\u00fcy\u00fcme:<\/b> \u015eirketin 4,78 milyar TL&#8217;lik net kar\u0131n\u0131n temel kayna\u011f\u0131, yat\u0131r\u0131m fonu ve pay i\u015flemlerinden elde edilen 7,35 milyar TL&#8217;lik menkul k\u0131ymet de\u011ferleme karlar\u0131d\u0131r.<\/li>\n<li><b>Enflasyon Etkisi:<\/b> TMS 29 uygulamas\u0131 neticesinde \u015firket 820,3 milyon TL tutar\u0131nda &#8220;Net Parasal Pozisyon Kayb\u0131&#8221; raporlam\u0131\u015ft\u0131r.<\/li>\n<\/ol>\n<h2>Operasyonel Veriler ve Ara\u00e7 Park\u0131<\/h2>\n<p>\u015eirketin ana faaliyet konusu olan filo kiralama performans\u0131na ili\u015fkin veriler a\u015fa\u011f\u0131dad\u0131r:<\/p>\n<ul>\n<li><b>Ara\u00e7 Park\u0131 Da\u011f\u0131l\u0131m\u0131:<\/b>\n<ul>\n<li>Faaliyet Kiralamas\u0131ndaki Ara\u00e7lar: 1.931 adet<\/li>\n<li>\u0130kinci El Sat\u0131\u015fa Haz\u0131r \/ Tahsis Ara\u00e7lar: 103 adet<\/li>\n<li>Hen\u00fcz Teslim Edilmemi\u015f &#8220;0&#8221; km Ara\u00e7lar: 67 adet<\/li>\n<li><b>Toplam Ara\u00e7 Say\u0131s\u0131: 2.102 adet<\/b> (2025 sonu: 2.215 adet)<\/li>\n<\/ul>\n<\/li>\n<li><b>Gelecek D\u00f6nem Kira Alacaklar\u0131:<\/b> \u015eirketin 31 Mart 2026 itibar\u0131yla s\u00f6zle\u015fmeye ba\u011flanm\u0131\u015f ve gelecekte tahsil edilecek kira alacaklar\u0131 toplam\u0131 2,4 milyar TL&#8217;dir (KDV dahil). Bunun 1,44 milyar TL&#8217;si bir y\u0131l i\u00e7erisinde tahsil edilecektir.<\/li>\n<\/ul>\n<h2>Risk Y\u00f6netimi ve \u00d6nemli Notlar<\/h2>\n<ul>\n<li><b>Kur Riski:<\/b> \u015eirket net yabanc\u0131 para pozisyonu a\u00e7\u0131s\u0131ndan 347.743 TL (a\u00e7\u0131k) gibi olduk\u00e7a d\u00fc\u015f\u00fck ve y\u00f6netilebilir bir risk ta\u015f\u0131maktad\u0131r.<\/li>\n<li><b>Teminat ve \u0130potekler:<\/b> \u015eirketin kredileri kar\u015f\u0131l\u0131\u011f\u0131nda ara\u00e7lar\u0131 \u00fczerinde 4,09 milyar TL tutar\u0131nda rehin ve gayrimenkulleri \u00fczerinde 100 milyon TL tutar\u0131nda ipotek bulunmaktad\u0131r.<\/li>\n<li><b>Vergi Te\u015fvi\u011fi:<\/b> \u015eirketin halka arz te\u015fvi\u011fi kapsam\u0131nda %2 oran\u0131nda kurumlar vergisi indirim hakk\u0131 bulunmaktad\u0131r (%25 yerine %23 uygulanmaktad\u0131r).<\/li>\n<\/ul>\n<h2>Raporlama D\u00f6neminden Sonraki \u00d6nemli Geli\u015fmeler<\/h2>\n<ul>\n<li><b>Kar Da\u011f\u0131t\u0131m\u0131:<\/b> 8 Nisan 2026 tarihli Genel Kurul&#8217;da, 2026 y\u0131l\u0131 i\u00e7erisinde 4 e\u015fit taksitte \u00f6denmek \u00fczere br\u00fct 117.647.058,82 TL tutar\u0131nda kar da\u011f\u0131t\u0131m\u0131 yap\u0131lmas\u0131na karar verilmi\u015ftir.<\/li>\n<li><b>Bor\u00e7lanma Arac\u0131 \u0130hrac\u0131:<\/b> Y\u00f6netim Kurulu, 1 milyar TL nominal de\u011fere kadar bor\u00e7lanma arac\u0131 (tahvil\/finansman bonosu) ihrac\u0131 i\u00e7in yetki alm\u0131\u015ft\u0131r. SPK, bu ihra\u00e7 tavan\u0131 ba\u015fvurusunu 29 Nisan 2026 tarihinde onaylam\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2301\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>LDR Turizm (Lider Filo), 2026 Y\u0131l\u0131n\u0131n \u0130lk \u00c7eyre\u011finde Tarihi Kar Rekoru K\u0131rd\u0131!<br \/>\nLDR Turizm, 31 Mart 2026 tarihinde sona eren hesap d\u00f6neminde finansal g\u00fcc\u00fcn\u00fc bir kez daha kan\u0131tlad\u0131. \u015eirket, ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re net kar\u0131n\u0131 %1050\u2019nin \u00fczerinde bir art\u0131\u015fla 4,78 milyar TL\u2019ye ta\u015f\u0131yarak piyasada dikkatleri \u00fczerine \u00e7ekti. \u00d6zellikle yat\u0131r\u0131m stratejilerinden elde edilen 7,4 milyar TL\u2019ye yak\u0131n gelirin damga vurdu\u011fu bu d\u00f6nemde, \u015firketin toplam varl\u0131klar\u0131 21,4 milyar TL\u2019yi a\u015ft\u0131.<br \/>\nOperasyonel kiralama sekt\u00f6r\u00fcnde 2.102 ara\u00e7l\u0131k filosuyla faaliyetlerini s\u00fcrd\u00fcren Lider Filo, 10,13 gibi rekor bir cari oranla likidite g\u00fcc\u00fcn\u00fc koruyor. G\u00fc\u00e7l\u00fc \u00f6zkaynak yap\u0131s\u0131, vergi te\u015fvikleri ve yat\u0131r\u0131mc\u0131 dostu temett\u00fc politikas\u0131yla b\u00fcy\u00fcmesini s\u00fcrd\u00fcren LDR Turizm&#8217;in 2026 y\u0131l\u0131 hedefleri ve detayl\u0131 bilan\u00e7o analizi yat\u0131r\u0131mc\u0131lar i\u00e7in g\u00fcven tazelemeye devam ediyor.<br \/>\nBu finansal veriler hakk\u0131nda daha detayl\u0131 bir rapor olu\u015fturmam\u0131 veya belirli bir finansal kalemi analiz eden bir infografik haz\u0131rlamam\u0131 ister misiniz?<\/p>\n","protected":false},"author":3,"featured_media":1725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[328],"class_list":["post-2301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-lider"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2301"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2301\/revisions"}],"predecessor-version":[{"id":2302,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2301\/revisions\/2302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1725"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}