{"id":595,"date":"2025-12-26T21:56:19","date_gmt":"2025-12-26T18:56:19","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=595"},"modified":"2025-12-26T22:31:57","modified_gmt":"2025-12-26T19:31:57","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-rodrg-rodrigo-tekstil-sanayi-2025-9-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/595","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #RODRG | Rodrigo Tekstil Sanayi 2025\/9 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #RODRG | Rodrigo Tekstil Sanayi 2025\/9 Bilan\u00e7o Analizi\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/HkWfz-lQz-Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Ciro D\u00fc\u015ft\u00fc, K\u00e2r Artt\u0131: Rodrigo Tekstil&#8217;in Finansal Raporundan \u00c7\u0131kan 5 \u015ea\u015f\u0131rt\u0131c\u0131 Ger\u00e7ek<\/h1>\n<p>Finansal raporlar, genellikle rakamlarla dolu ve ilk bak\u0131\u015fta anla\u015f\u0131lmas\u0131 zor belgeler olarak g\u00f6r\u00fcl\u00fcr. Ancak bazen bir \u015firketin stratejisi, kar\u015f\u0131la\u015ft\u0131\u011f\u0131 zorluklar ve elde etti\u011fi ba\u015far\u0131lar hakk\u0131nda inan\u0131lmaz bir hikaye anlat\u0131rlar. Rodrigo Tekstil&#8217;in 30 Eyl\u00fcl 2025 tarihli son finansal raporu da tam olarak b\u00f6yle bir hikaye sunuyor.<\/p>\n<p>Bu raporda gizli olan ve \u015firketin gelece\u011fine dair \u00f6nemli ipu\u00e7lar\u0131 bar\u0131nd\u0131ran en \u015fa\u015f\u0131rt\u0131c\u0131 ve etkili be\u015f \u00e7\u0131kar\u0131m\u0131 sizin i\u00e7in analiz ettik. Gelin, bu rakamlar\u0131n ard\u0131ndaki stratejik d\u00f6n\u00fc\u015f\u00fcm\u00fc birlikte ke\u015ffedelim.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>1. \u0130nan\u0131lmaz Geri D\u00f6n\u00fc\u015f: Zarardan K\u00e2ra Keskin Ge\u00e7i\u015f<\/h3>\n<p>Rodrigo Tekstil&#8217;in finansal performans\u0131ndaki en \u00e7arp\u0131c\u0131 nokta, k\u00e2rl\u0131l\u0131kta ya\u015fanan inan\u0131lmaz geri d\u00f6n\u00fc\u015ft\u00fcr. Rakamlar, bu de\u011fi\u015fimin boyutunu net bir \u015fekilde ortaya koyuyor:<\/p>\n<ul>\n<li><b>\u00d6nceki Y\u0131l (30.09.2024):<\/b> \u015eirket, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemini <b>21.359.115 TL zarar<\/b> ile kapatm\u0131\u015ft\u0131.<\/li>\n<li><b>Cari Y\u0131l (30.09.2025):<\/b> Bu y\u0131l ise ayn\u0131 d\u00f6nemde <b>3.653.094 TL net k\u00e2r<\/b> elde edildi.<\/li>\n<\/ul>\n<p>Bu keskin d\u00f6n\u00fc\u015f\u00fcm, \u015firketin zorlu bir d\u00f6nemden \u00e7\u0131k\u0131p yeniden k\u00e2rl\u0131l\u0131\u011fa ula\u015ft\u0131\u011f\u0131n\u0131 g\u00f6steren en \u00f6nemli finansal ba\u015far\u0131d\u0131r. Bu durum, \u015firketin dayan\u0131kl\u0131l\u0131\u011f\u0131n\u0131 ve do\u011fru stratejilerle krizi f\u0131rsata \u00e7evirebilme yetene\u011fini g\u00f6stermesi a\u00e7\u0131s\u0131ndan kritik bir sinyal veriyor.<\/p>\n<h3>2. S\u00fcrpriz Kahraman: Enflasyon Muhasebesi ve Parasal Kazan\u00e7<\/h3>\n<p>Peki, bu k\u00e2rl\u0131l\u0131\u011f\u0131n arkas\u0131ndaki ana etken operasyonel bir ba\u015far\u0131 m\u0131? Gelir Tablosu&#8217;nu daha yak\u0131ndan inceledi\u011fimizde, hikayenin farkl\u0131 bir kahraman\u0131 oldu\u011funu g\u00f6r\u00fcyoruz.<\/p>\n<ul>\n<li>\u015eirketin &#8220;Esas Faaliyet Kar\u0131\/Zarar\u0131&#8221; kaleminde asl\u0131nda <b>9.124.944 TL&#8217;lik bir faaliyet zarar\u0131<\/b> bulunuyor. Bu, \u015firketin ana i\u015fi olan tekstil sat\u0131\u015flar\u0131ndan hen\u00fcz k\u00e2r \u00fcretemedi\u011fini g\u00f6steriyor.<\/li>\n<li>Bu zarara ra\u011fmen k\u00e2ra ge\u00e7ilmesini sa\u011flayan ana fakt\u00f6r ise Gelir Tablosu&#8217;nda yer alan <b>12.262.545 TL&#8217;lik &#8220;Parasal Kazan\u00e7&#8221;<\/b> kalemi.<\/li>\n<\/ul>\n<p>Bu durum, y\u00fcksek enflasyonlu ekonomilerde uygulanan TMS 29 (T\u00fcrkiye Muhasebe Standard\u0131 29) standard\u0131ndan kaynaklanmaktad\u0131r. Basit bir dille a\u00e7\u0131klamak gerekirse; \u015firketin parasal y\u00fck\u00fcml\u00fcl\u00fckleri (yani bor\u00e7lar\u0131), parasal varl\u0131klar\u0131ndan (nakit, banka mevduat\u0131 vb.) daha fazlad\u0131r. Y\u00fcksek enflasyon ortam\u0131nda, bor\u00e7lar\u0131n reel de\u011feri erirken bu durum muhasebesel olarak bir &#8220;kazan\u00e7&#8221; yarat\u0131r. Dolay\u0131s\u0131yla mevcut k\u00e2rl\u0131l\u0131k, operasyonel bir ba\u015far\u0131dan \u00e7ok, bir finansal muhasebe tekni\u011finin sonucudur.<\/p>\n<h3>3. &#8220;Az Daha \u00c7oktur&#8221; Stratejisi: D\u00fc\u015fen Ciroya Ra\u011fmen Artan K\u00e2rl\u0131l\u0131k<\/h3>\n<p>Raporun en \u015fa\u015f\u0131rt\u0131c\u0131 y\u00f6nlerinden biri de ciro ve k\u00e2rl\u0131l\u0131k aras\u0131ndaki ters ili\u015fkidir.<\/p>\n<ul>\n<li>\u015eirketin Has\u0131lat\u0131 (cirosu), bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re <b>83,2 milyon TL&#8217;den 62,4 milyon TL&#8217;ye gerilemi\u015f<\/b> durumda.<\/li>\n<li>Bu ciddi ciro d\u00fc\u015f\u00fc\u015f\u00fcne ra\u011fmen \u015firketin k\u00e2ra ge\u00e7ebilmesi, ilk bak\u0131\u015fta bir \u00e7eli\u015fki gibi g\u00f6r\u00fcn\u00fcyor.<\/li>\n<\/ul>\n<p>Bu durumun arkas\u0131nda, bir \u00f6nceki maddede a\u00e7\u0131klad\u0131\u011f\u0131m\u0131z &#8220;Parasal Kazan\u00e7&#8221; etkisinin yan\u0131 s\u0131ra maliyet y\u00f6netimindeki ba\u015far\u0131 da yat\u0131yor. Rapora g\u00f6re &#8220;Sat\u0131\u015flar\u0131n Maliyeti&#8221; kalemi de <b>37,9 milyon TL&#8217;den 34 milyon TL&#8217;ye gerilemi\u015f<\/b>. Bu, cirodaki d\u00fc\u015f\u00fc\u015fe ra\u011fmen \u015firketin maliyetlerini daha etkin y\u00f6netti\u011finin ve operasyonel verimlilik konusunda ad\u0131mlar att\u0131\u011f\u0131n\u0131n bir g\u00f6stergesi olabilir.<\/p>\n<h3>4. Bilan\u00e7o&#8217;nun Kalbindeki Devasa Stok: 85 Milyon Liral\u0131k Gard\u0131rop<\/h3>\n<p>\u015eirketin Finansal Durum Tablosu&#8217;na (Bilan\u00e7o) bakt\u0131\u011f\u0131m\u0131zda en dikkat \u00e7ekici kalem, stoklar oluyor.<\/p>\n<ul>\n<li>\u015eirketin &#8220;Stoklar&#8221; kalemi, <b>85.493.507 TL<\/b> gibi devasa bir rakama ula\u015fm\u0131\u015f durumda.<\/li>\n<li>Bu rakam, \u015firketin toplam varl\u0131klar\u0131 olan <b>148.300.627 TL&#8217;nin %57&#8217;sinden fazlas\u0131n\u0131<\/b> olu\u015fturuyor.<\/li>\n<\/ul>\n<p>Bu kadar b\u00fcy\u00fck bir stok, bir tekstil \u015firketi i\u00e7in iki ucu keskin bir k\u0131l\u0131\u00e7 gibidir. Bir yandan, sat\u0131\u015fa haz\u0131r mal\u0131n g\u00fcc\u00fcn\u00fc ve talebi kar\u015f\u0131lama potansiyelini temsil eder. Di\u011fer yandan ise bu durum; likidite (nakde \u00e7evrilebilirlik), depolama maliyetleri ve \u00fcr\u00fcnlerin modas\u0131n\u0131n ge\u00e7mesi gibi \u00f6nemli riskleri de beraberinde getirir. Stoklar\u0131n etkin bir \u015fekilde y\u00f6netilmesi, \u015firketin gelecekteki nakit ak\u0131\u015f\u0131 ve k\u00e2rl\u0131l\u0131\u011f\u0131 i\u00e7in hayati \u00f6nem ta\u015f\u0131yacakt\u0131r.<\/p>\n<h3>5. Bor\u00e7luluk Azald\u0131, Finansal Sa\u011fl\u0131k G\u00fc\u00e7lendi<\/h3>\n<p>Rapordaki t\u00fcm olumlu geli\u015fmeler muhasebe tekniklerinden ibaret de\u011fil. \u015eirket, finansal yap\u0131s\u0131n\u0131 g\u00fc\u00e7lendirme konusunda da somut ad\u0131mlar atm\u0131\u015f g\u00f6r\u00fcn\u00fcyor.<\/p>\n<ul>\n<li>\u015eirketin bor\u00e7luluk seviyesini g\u00f6steren en \u00f6nemli oranlardan biri olan &#8220;Net Finansal Bor\u00e7lar\/\u00d6zkaynaklar&#8221; oran\u0131, bir \u00f6nceki d\u00f6nem sonundaki <b>0,10 seviyesinden 0,04&#8217;e gerilemi\u015f<\/b>.<\/li>\n<li>Bu iyile\u015fmenin arkas\u0131nda hem net finansal borcun <b>7,2 milyon TL&#8217;den 3,2 milyon TL&#8217;ye d\u00fc\u015fmesi<\/b> hem de \u00f6zkaynaklar\u0131n <b>70,2 milyon TL&#8217;den 74,4 milyon TL&#8217;ye y\u00fckselmesi<\/b> yat\u0131yor.<\/li>\n<\/ul>\n<p>Bu oran\u0131n d\u00fc\u015fmesi, \u015firketin finansal olarak daha az riskli, daha sa\u011flam ve d\u0131\u015f \u015foklara kar\u015f\u0131 daha dayan\u0131kl\u0131 bir yap\u0131ya kavu\u015ftu\u011fu anlam\u0131na gelir. Bu durum, yat\u0131r\u0131mc\u0131lar ve i\u015f ortaklar\u0131 i\u00e7in olduk\u00e7a olumlu bir sinyaldir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>Sonu\u00e7<\/h3>\n<p>Rodrigo Tekstil&#8217;in finansal raporu, bize sadece rakamlardan ibaret olmayan, stratejik bir d\u00f6n\u00fc\u015f\u00fcm hikayesi anlat\u0131yor. \u015eirket, d\u00fc\u015fen ciroya ra\u011fmen enflasyon muhasebesinin de yard\u0131m\u0131yla zarardan k\u00e2ra ge\u00e7meyi ba\u015farm\u0131\u015f ve bu s\u00fcre\u00e7te finansal yap\u0131s\u0131n\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde g\u00fc\u00e7lendirmi\u015ftir. Ancak operasyonel k\u00e2rl\u0131l\u0131\u011f\u0131n hen\u00fcz sa\u011flanamam\u0131\u015f olmas\u0131 ve bilan\u00e7odaki devasa stoklar, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde dikkatle izlenmesi gereken konular olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n<p>Bu noktada akla \u015fu kritik soru geliyor: Peki, Rodrigo Tekstil&#8217;in bu finansal m\u00fchendislik ba\u015far\u0131s\u0131, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde s\u00fcrd\u00fcr\u00fclebilir bir operasyonel k\u00e2rl\u0131l\u0131\u011fa d\u00f6n\u00fc\u015febilecek mi? Yan\u0131t\u0131 zaman g\u00f6sterecek.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">Rodrigo Tekstil Sanayi ve Ticaret A.\u015e. 30 Eyl\u00fcl 2025 D\u00f6nemi Durum Raporu<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu brifing, Rodrigo Tekstil Sanayi ve Ticaret A.\u015e.&#8217;nin (Grup) 30 Eyl\u00fcl 2025&#8217;te sona eren dokuz ayl\u0131k d\u00f6neme ait konsolide finansal sonu\u00e7lar\u0131n\u0131 ve operasyonel faaliyetlerini \u00f6zetlemektedir. Grup, \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6neminde kaydedilen 21,36 milyon TL&#8217;lik zarara k\u0131yasla, 3,65 milyon TL net k\u00e2r a\u00e7\u0131klayarak \u00f6nemli bir finansal geri d\u00f6n\u00fc\u015f ger\u00e7ekle\u015ftirmi\u015ftir.<\/p>\n<p>Bu k\u00e2rl\u0131l\u0131\u011fa ge\u00e7i\u015fin temel nedeni operasyonel performanstan ziyade, y\u00fcksek enflasyonlu ekonomilerde finansal raporlamay\u0131 d\u00fczenleyen TMS 29 standard\u0131 kapsam\u0131nda kaydedilen 12,26 milyon TL&#8217;lik net parasal pozisyon kazanc\u0131d\u0131r. \u00d6nceki y\u0131l ayn\u0131 kalemde 26 milyon TL&#8217;lik bir kay\u0131p rapor edilmi\u015fti. Bu durum, operasyonel zorluklara ra\u011fmen k\u00e2rl\u0131l\u0131\u011f\u0131n muhasebe standartlar\u0131 uygulamalar\u0131yla sa\u011fland\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/p>\n<p>Operasyonel olarak, Grubun net sat\u0131\u015flar\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %25 oran\u0131nda azalarak 83,2 milyon TL&#8217;den 62,5 milyon TL&#8217;ye gerilemi\u015ftir. Bu d\u00fc\u015f\u00fc\u015fe ra\u011fmen, i\u015fletme faaliyetlerinden elde edilen nakit ak\u0131\u015f\u0131nda g\u00fc\u00e7l\u00fc bir iyile\u015fme g\u00f6r\u00fclm\u00fc\u015f; \u00f6nceki d\u00f6nemdeki 35,5 milyon TL&#8217;lik nakit \u00e7\u0131k\u0131\u015f\u0131na kar\u015f\u0131l\u0131k, bu d\u00f6nemde 6,2 milyon TL pozitif nakit ak\u0131\u015f\u0131 yarat\u0131lm\u0131\u015ft\u0131r. \u015eirketin finansal sa\u011fl\u0131\u011f\u0131, toplam y\u00fck\u00fcml\u00fcl\u00fcklerin azalmas\u0131 ve \u00f6zkaynaklar\u0131n artmas\u0131yla g\u00fc\u00e7lenmi\u015ftir. Net finansal bor\u00e7lar\u0131n \u00f6zkaynaklara oran\u0131 0,10&#8217;dan 0,04&#8217;e gerileyerek bor\u00e7luluk seviyesinde belirgin bir iyile\u015fmeye i\u015faret etmektedir.<\/p>\n<p>Stratejik olarak Grup, yurt i\u00e7i ve yurt d\u0131\u015f\u0131 ma\u011fazala\u015fma ile toptan ve perakende e-ticaret kanallar\u0131n\u0131 geli\u015ftirmeye odaklanm\u0131\u015ft\u0131r. \u00d6zellikle Azerbaycan&#8217;daki %100 ba\u011fl\u0131 ortakl\u0131k, 5 ma\u011faza ile faaliyet g\u00f6stermekte ve d\u00f6nemsel sat\u0131\u015flar\u0131yla Grubun uluslararas\u0131 varl\u0131\u011f\u0131na katk\u0131da bulunmaktad\u0131r. Y\u00f6netim, perakende sat\u0131\u015flardan elde edilecek nakit ak\u0131\u015f\u0131n\u0131 kullanarak \u015firketin finansal yap\u0131s\u0131n\u0131 daha da g\u00fc\u00e7lendirmeyi hedeflemektedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Profil ve Faaliyet Alan\u0131<\/h2>\n<p><b>Tarih\u00e7e ve Faaliyet Konusu:<\/b> 1997 y\u0131l\u0131nda \u0130hlas K\u00fc\u00e7\u00fckdo\u011fan Tekstil Ticaret ve Sanayi A.\u015e. unvan\u0131yla kurulan \u015firket, 2012&#8217;de Rodrigo Tekstil Sanayi ve Ticaret A.\u015e. ad\u0131n\u0131 alm\u0131\u015ft\u0131r. \u015eirketin ana faaliyet konusu &#8220;Rodrigo&#8221; markas\u0131 alt\u0131nda her t\u00fcrl\u00fc konfeksiyon, kuma\u015f ve iplik \u00fcr\u00fcnlerinin ihracat\u0131, ithalat\u0131 ve dahili ticaretidir.<\/p>\n<p><b>Merkez ve \u015eubeler:<\/b> \u015eirketin merkezi ve genel m\u00fcd\u00fcrl\u00fc\u011f\u00fc \u0130stanbul, Bah\u00e7elievler&#8217;de bulunmaktad\u0131r. T\u00fcrkiye&#8217;de birden fazla \u015fubesi bulunan \u015firketin, ayr\u0131ca Azerbaycan&#8217;da %100 ba\u011fl\u0131 ortakl\u0131\u011f\u0131 olan &#8220;RODR\u0130GO TEKST\u0130L SAN.VE T\u0130C. A.\u015e AZERBAYCAN F\u0130L\u0130AL\u0130&#8221; bulunmaktad\u0131r.<\/p>\n<p><b>Ma\u011faza A\u011f\u0131 (30.09.2025 itibar\u0131yla):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ma\u011faza Ad\u0131<\/td>\n<td>Konum<\/td>\n<\/tr>\n<tr>\n<td>Beylikd\u00fcz\u00fc Ma\u011fazas\u0131<\/td>\n<td>Beylikd\u00fcz\u00fc \/ \u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td>Bah\u00e7elievler Showroom<\/td>\n<td>Bah\u00e7elievler \/ \u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td>Yenibosna Ma\u011fazas\u0131<\/td>\n<td>Bah\u00e7elievler \/ \u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td>Ayakkab\u0131 Ma\u011fazas\u0131<\/td>\n<td>Bah\u00e7elievler \/ \u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td>G\u00fcng\u00f6ren Ma\u011fazas\u0131<\/td>\n<td>G\u00fcng\u00f6ren \/ \u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td>Nerimanov Ma\u011fazas\u0131<\/td>\n<td>Bak\u00fc \/ Azerbaycan<\/td>\n<\/tr>\n<tr>\n<td>Ahmedli Ma\u011fazas\u0131<\/td>\n<td>Bak\u00fc \/ Azerbaycan<\/td>\n<\/tr>\n<tr>\n<td>Acemi Ma\u011fazas\u0131<\/td>\n<td>Bak\u00fc \/ Azerbaycan<\/td>\n<\/tr>\n<tr>\n<td>Sumqay\u0131t Ma\u011fazas\u0131<\/td>\n<td>Sumqay\u0131t \/ Azerbaycan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Personel Durumu:<\/b> Grup, 30 Eyl\u00fcl 2025 itibar\u0131yla 65 personel ile faaliyet g\u00f6stermektedir. Bu say\u0131, 31 Aral\u0131k 2024 tarihindeki 69 ki\u015filik personel say\u0131s\u0131na g\u00f6re bir azalmay\u0131 temsil etmektedir.<\/p>\n<h2>2. Sermaye ve Ortakl\u0131k Yap\u0131s\u0131<\/h2>\n<p><b>Sermaye Bilgileri:<\/b> \u015eirket, kay\u0131tl\u0131 sermaye sistemine tabidir.<\/p>\n<ul>\n<li><b>\u00d6denmi\u015f Sermaye:<\/b> 28.340.000 TL<\/li>\n<li><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131:<\/b> 141.700.000 TL<\/li>\n<li><b>Sermaye D\u00fczeltme Farklar\u0131:<\/b> 132.953.290 TL<\/li>\n<li><b>Enflasyona G\u00f6re D\u00fczeltilmi\u015f Sermaye:<\/b> 161.293.290 TL<\/li>\n<\/ul>\n<p>\u015eirket, 13 May\u0131s 2024 tarihinde i\u00e7 kaynaklardan 21.255.000 TL&#8217;lik bir sermaye art\u0131r\u0131m\u0131 ger\u00e7ekle\u015ftirmi\u015ftir.<\/p>\n<p><b>Ortakl\u0131k Yap\u0131s\u0131 (30.09.2025 itibar\u0131yla):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ortak Ad\u0131<\/td>\n<td>Pay Oran\u0131 (%)<\/td>\n<td>Pay Tutar\u0131 (TL)<\/td>\n<\/tr>\n<tr>\n<td>Bekir K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<td>42,41%<\/td>\n<td>12.016.512<\/td>\n<\/tr>\n<tr>\n<td>Halka Arz Edilen K\u0131s\u0131m<\/td>\n<td>55,85%<\/td>\n<td>15.827.625<\/td>\n<\/tr>\n<tr>\n<td>Huriye K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<td>1,14%<\/td>\n<td>323.700<\/td>\n<\/tr>\n<tr>\n<td>Enver K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<td>0,31%<\/td>\n<td>88.463<\/td>\n<\/tr>\n<tr>\n<td>Ayfer G\u00fcltekin<\/td>\n<td>0,28%<\/td>\n<td>80.000<\/td>\n<\/tr>\n<tr>\n<td>C\u00fcneyt K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<td>0,01%<\/td>\n<td>3.700<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Nominal Sermaye<\/b><\/td>\n<td><b>100%<\/b><\/td>\n<td><b>28.340.000<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>\u0130mtiyazl\u0131 Paylar:<\/b> \u015eirketin A grubu olarak tan\u0131mlanan, 2.000.000 TL nominal bedelli paylar\u0131 imtiyazl\u0131d\u0131r. Bu paylar\u0131n imtiyazlar\u0131 \u015funlard\u0131r:<\/p>\n<ul>\n<li><b>Y\u00f6netim Kurulunda Temsil:<\/b> Y\u00f6netim kurulu \u00fcye say\u0131s\u0131na g\u00f6re belirli say\u0131da \u00fcyenin A grubu pay sahiplerinin g\u00f6sterdi\u011fi adaylar aras\u0131ndan se\u00e7ilme hakk\u0131.<\/li>\n<li><b>Oy Hakk\u0131:<\/b> Genel kurul toplant\u0131lar\u0131nda her bir A grubu pay i\u00e7in 10 oy hakk\u0131.<\/li>\n<\/ul>\n<h2>3. Finansal Performans Analizi<\/h2>\n<p>Finansal tablolar, TMS 29 (Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama) standard\u0131na uygun olarak haz\u0131rlanm\u0131\u015f olup, t\u00fcm tutarlar 30 Eyl\u00fcl 2025 tarihli T\u00fcrk Liras\u0131&#8217;n\u0131n sat\u0131n alma g\u00fcc\u00fcne g\u00f6re ifade edilmi\u015ftir.<\/p>\n<h3>3.1. Kapsaml\u0131 Gelir Tablosu Analizi<\/h3>\n<p>Grup, 2025&#8217;in ilk dokuz ay\u0131nda k\u00e2ra ge\u00e7mi\u015ftir. Ancak bu k\u00e2rl\u0131l\u0131k, d\u00fc\u015fen sat\u0131\u015f gelirleri ortam\u0131nda, b\u00fcy\u00fck \u00f6l\u00e7\u00fcde enflasyon muhasebesi kaynakl\u0131 parasal kazan\u00e7lardan sa\u011flanm\u0131\u015ft\u0131r.<\/p>\n<p><b>\u00d6nemli Gelir Tablosu Kalemleri (TL):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>01.01.2025 &#8211; 30.09.2025<\/td>\n<td>01.01.2024 &#8211; 30.09.2024<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>62.482.046<\/td>\n<td>83.245.362<\/td>\n<td>-25,0%<\/td>\n<\/tr>\n<tr>\n<td>Sat\u0131\u015flar\u0131n Maliyeti (-)<\/td>\n<td>(34.034.174)<\/td>\n<td>(37.976.541)<\/td>\n<td>-10,4%<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct K\u00e2r<\/b><\/td>\n<td><b>28.447.872<\/b><\/td>\n<td><b>45.268.821<\/b><\/td>\n<td><b>-37,2%<\/b><\/td>\n<\/tr>\n<tr>\n<td>Pazarlama, Sat\u0131\u015f ve Da\u011f\u0131t\u0131m Giderleri (-)<\/td>\n<td>(32.426.250)<\/td>\n<td>(42.913.094)<\/td>\n<td>-24,4%<\/td>\n<\/tr>\n<tr>\n<td><b>Esas Faaliyet K\u00e2r\u0131\/(Zarar\u0131)<\/b><\/td>\n<td><b>(9.124.944)<\/b><\/td>\n<td><b>11.257.174<\/b><\/td>\n<td><b>-181,1%<\/b><\/td>\n<\/tr>\n<tr>\n<td>Parasal Kazan\u00e7\/(Kay\u0131plar)<\/td>\n<td>12.262.545<\/td>\n<td>(25.997.561)<\/td>\n<td>Olumlu De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td><b>S\u00fcrd\u00fcr\u00fclen Faaliyetler D\u00f6nem K\u00e2r\u0131\/(Zarar\u0131)<\/b><\/td>\n<td><b>3.653.094<\/b><\/td>\n<td><b>(21.359.115)<\/b><\/td>\n<td><b>Olumlu De\u011fi\u015fim<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>Has\u0131lat ve K\u00e2rl\u0131l\u0131k:<\/b> Has\u0131latta %25&#8217;lik bir d\u00fc\u015f\u00fc\u015f ya\u015fanmas\u0131na ra\u011fmen, Grup k\u00e2ra ge\u00e7mi\u015ftir. Bu durum, esas faaliyet k\u00e2r\u0131n\u0131n 9,1 milyon TL negatife d\u00f6nmesiyle \u00e7eli\u015fmektedir.<\/li>\n<li><b>Parasal Kazan\u00e7 Etkisi:<\/b> 12,3 milyon TL&#8217;lik parasal kazan\u00e7, \u015firketin d\u00f6nem k\u00e2r\u0131 elde etmesindeki en kritik fakt\u00f6rd\u00fcr. Bu, parasal y\u00fck\u00fcml\u00fcl\u00fcklerin parasal varl\u0131klardan fazla oldu\u011fu bir ortamda y\u00fcksek enflasyonun Grup lehine \u00e7al\u0131\u015ft\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/li>\n<li><b>Gider Y\u00f6netimi:<\/b> Pazarlama, sat\u0131\u015f ve da\u011f\u0131t\u0131m giderlerindeki %24&#8217;l\u00fck d\u00fc\u015f\u00fc\u015f, cirodaki d\u00fc\u015f\u00fc\u015fe paralel bir maliyet kontrol\u00fc sa\u011fland\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/li>\n<\/ul>\n<h3>3.2. Finansal Durum Tablosu Analizi<\/h3>\n<p>Grubun bilan\u00e7osu, azalan y\u00fck\u00fcml\u00fcl\u00fckler ve g\u00fc\u00e7lenen \u00f6zkaynak yap\u0131s\u0131 ile daha sa\u011fl\u0131kl\u0131 bir g\u00f6r\u00fcn\u00fcme kavu\u015fmu\u015ftur.<\/p>\n<p><b>\u00d6nemli Bilan\u00e7o Kalemleri (TL):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>30.09.2025<\/td>\n<td>31.12.2024<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td>Nakit ve Nakit Benzerleri<\/td>\n<td>8.488.779<\/td>\n<td>3.467.346<\/td>\n<td>+144,8%<\/td>\n<\/tr>\n<tr>\n<td>Stoklar<\/td>\n<td>85.493.507<\/td>\n<td>88.316.353<\/td>\n<td>-3,2%<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td><b>95.391.133<\/b><\/td>\n<td><b>97.100.000<\/b><\/td>\n<td><b>-1,8%<\/b><\/td>\n<\/tr>\n<tr>\n<td>Maddi Duran Varl\u0131klar<\/td>\n<td>13.967.004<\/td>\n<td>16.577.478<\/td>\n<td>-15,7%<\/td>\n<\/tr>\n<tr>\n<td>Yat\u0131r\u0131m Ama\u00e7l\u0131 Gayrimenkuller<\/td>\n<td>19.188.691<\/td>\n<td>19.441.844<\/td>\n<td>-1,3%<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Duran Varl\u0131klar<\/b><\/td>\n<td><b>52.909.494<\/b><\/td>\n<td><b>58.043.097<\/b><\/td>\n<td><b>-8,8%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>148.300.627<\/b><\/td>\n<td><b>155.143.097<\/b><\/td>\n<td><b>-4,4%<\/b><\/td>\n<\/tr>\n<tr>\n<td>Finansal Bor\u00e7lar (K\u0131sa+Uzun)<\/td>\n<td>11.720.954<\/td>\n<td>10.668.578<\/td>\n<td>+9,9%<\/td>\n<\/tr>\n<tr>\n<td>Ticari Bor\u00e7lar<\/td>\n<td>26.640.913<\/td>\n<td>40.957.778<\/td>\n<td>-35,0%<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td><b>73.834.170<\/b><\/td>\n<td><b>84.884.288<\/b><\/td>\n<td><b>-13,0%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6zkaynaklar<\/b><\/td>\n<td><b>74.466.457<\/b><\/td>\n<td><b>70.258.809<\/b><\/td>\n<td><b>+6,0%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Kaynaklar<\/b><\/td>\n<td><b>148.300.627<\/b><\/td>\n<td><b>155.143.097<\/b><\/td>\n<td><b>-4,4%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>Likidite:<\/b> Nakit ve nakit benzerleri 3,5 milyon TL&#8217;den 8,5 milyon TL&#8217;ye y\u00fckselerek likidite pozisyonunu \u00f6nemli \u00f6l\u00e7\u00fcde g\u00fc\u00e7lendirmi\u015ftir.<\/li>\n<li><b>Bor\u00e7luluk:<\/b> Toplam y\u00fck\u00fcml\u00fcl\u00fcklerdeki %13&#8217;l\u00fck azalma, \u00f6zellikle ticari bor\u00e7lardaki 14,3 milyon TL&#8217;lik d\u00fc\u015f\u00fc\u015ften kaynaklanmaktad\u0131r. Bu durum, \u015firketin bor\u00e7 \u00e7evrim kapasitesinin artt\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> D\u00f6nem k\u00e2r\u0131n\u0131n etkisiyle \u00f6zkaynaklar %6 oran\u0131nda artarak 74,5 milyon TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>3.3. Nakit Ak\u0131\u015f Analizi<\/h3>\n<p>Nakit ak\u0131\u015f tablosu, Grubun operasyonel verimlili\u011findeki iyile\u015fmeyi net bir \u015fekilde ortaya koymaktad\u0131r.<\/p>\n<ul>\n<li><b>\u0130\u015fletme Faaliyetlerinden Nakit Ak\u0131\u015f\u0131:<\/b> \u00d6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki (35.477.247) TL&#8217;lik negatif ak\u0131\u015fa kar\u015f\u0131l\u0131k, bu d\u00f6nemde 6.242.069 TL pozitif nakit ak\u0131\u015f\u0131 sa\u011flanm\u0131\u015ft\u0131r. Bu, \u00e7al\u0131\u015fma sermayesi y\u00f6netimindeki (\u00f6zellikle ticari bor\u00e7 ve alacaklardaki de\u011fi\u015fimler) etkinlikten kaynaklanmaktad\u0131r.<\/li>\n<li><b>Finansman Faaliyetleri:<\/b> Finansman faaliyetlerinden 3,9 milyon TL nakit giri\u015fi sa\u011flanm\u0131\u015ft\u0131r.<\/li>\n<li><b>D\u00f6nem Sonu Nakit Pozisyonu:<\/b> T\u00fcm faaliyetler sonucunda d\u00f6nem ba\u015f\u0131 3,5 milyon TL olan nakit ve nakit benzerleri, d\u00f6nem sonunda 8,5 milyon TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<h2>4. Operasyonel Geli\u015fmeler ve Stratejik Y\u00f6nelim<\/h2>\n<p><b>Azerbaycan Faaliyetleri:<\/b> Grubun %100 i\u015ftiraki olan Rodrigo Azerbaycan \u015eubesi, tam konsolidasyon y\u00f6ntemiyle mali tablolara dahil edilmektedir. Ba\u011fl\u0131 ortakl\u0131k, 5 ma\u011fazas\u0131 ile aktif olarak faaliyet g\u00f6stermekte olup, 30 Eyl\u00fcl 2025&#8217;te sona eren d\u00f6nemde 1.003.869 USD tutar\u0131nda sat\u0131\u015f ger\u00e7ekle\u015ftirmi\u015ftir.<\/p>\n<p><b>Stratejik Hedefler ve Ar-Ge:<\/b> \u015eirketin ara\u015ft\u0131rma ve geli\u015ftirme \u00e7al\u0131\u015fmalar\u0131 iki ana eksende yo\u011funla\u015fmaktad\u0131r:<\/p>\n<ol>\n<li><b>Ma\u011fazala\u015fma:<\/b> Yurt i\u00e7inde ve yurt d\u0131\u015f\u0131nda yeni ma\u011fazalar a\u00e7arak fiziksel perakende a\u011f\u0131n\u0131 geni\u015fletmek.<\/li>\n<li><b>E-Ticaret:<\/b> Hem toptan hem de perakende sat\u0131\u015flar\u0131 destekleyecek e-ticaret kanallar\u0131n\u0131 geli\u015ftirmek ve bu alandaki pazar pay\u0131n\u0131 art\u0131rmak.<\/li>\n<\/ol>\n<p><b>Finansal Yap\u0131y\u0131 \u0130yile\u015ftirme Plan\u0131:<\/b> Y\u00f6netim, 2025 y\u0131l\u0131 boyunca toptan ve perakende sat\u0131\u015f kanallar\u0131na yo\u011funla\u015fmaya devam etmeyi planlamaktad\u0131r. \u00d6zellikle perakende sat\u0131\u015flar\u0131n sa\u011flad\u0131\u011f\u0131 d\u00fczenli nakit giri\u015finin, \u015firketin genel finansal yap\u0131s\u0131n\u0131 g\u00fc\u00e7lendirmek i\u00e7in bir kald\u0131ra\u00e7 olarak kullan\u0131lmas\u0131 hedeflenmektedir.<\/p>\n<p><b>K\u00e2r Pay\u0131 Da\u011f\u0131t\u0131m Politikas\u0131:<\/b> \u0130lgili d\u00f6nem sonunda k\u00e2r pay\u0131 da\u011f\u0131t\u0131lmamas\u0131 planlanmaktad\u0131r. Bu konudaki nihai karar, Y\u00f6netim Kurulu taraf\u0131ndan verilerek Genel Kurul&#8217;un onay\u0131na sunulacakt\u0131r.<\/p>\n<h2>5. Risk ve Sermaye Y\u00f6netimi<\/h2>\n<p><b>Risk Y\u00f6netimi Politikas\u0131:<\/b> Y\u00f6netim Kurulu, ekonomik ve piyasa ko\u015fullar\u0131n\u0131 dikkate alarak periyodik olarak risk y\u00f6netimi stratejileri ve limitleri belirlemektedir. Temel risk alanlar\u0131 faiz oran\u0131, fiyat, kredi, fonlama ve likidite riskleridir.<\/p>\n<p><b>Sermaye Riski Y\u00f6netimi:<\/b> Grup, sermaye yap\u0131s\u0131n\u0131 net finansal bor\u00e7lar\u0131n \u00f6zkaynaklara b\u00f6l\u00fcnmesiyle hesaplanan oran \u00fczerinden takip etmektedir. Bu oran, \u015firketin bor\u00e7luluk seviyesindeki iyile\u015fmeyi teyit etmektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>30.09.2025<\/td>\n<td>31.12.2024<\/td>\n<\/tr>\n<tr>\n<td>Finansal Bor\u00e7lar<\/td>\n<td>11.720.954<\/td>\n<td>10.668.578<\/td>\n<\/tr>\n<tr>\n<td>Nakit ve Nakit Benzerleri (-)<\/td>\n<td>8.488.779<\/td>\n<td>3.467.346<\/td>\n<\/tr>\n<tr>\n<td><b>Net Finansal Bor\u00e7<\/b><\/td>\n<td><b>3.232.175<\/b><\/td>\n<td><b>7.201.232<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00d6zkaynaklar<\/td>\n<td>74.466.457<\/td>\n<td>70.258.809<\/td>\n<\/tr>\n<tr>\n<td><b>Net Finansal Bor\u00e7 \/ \u00d6zkaynak Oran\u0131<\/b><\/td>\n<td><b>0,04<\/b><\/td>\n<td><b>0,10<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Kur Riski:<\/b> Grubun yabanc\u0131 para pozisyonu, 30 Eyl\u00fcl 2025 itibar\u0131yla 8.359.220 TL (201.394 USD) net varl\u0131k pozisyonu \u015feklindedir. Yap\u0131lan duyarl\u0131l\u0131k analizine g\u00f6re, ABD Dolar\u0131&#8217;n\u0131n TL kar\u015f\u0131s\u0131nda %10 de\u011ferlenmesi durumunda, k\u00e2r\/zarar ve \u00f6zkaynaklar \u00fczerinde 835.922 TL&#8217;lik pozitif bir etki olu\u015facakt\u0131r.<\/p>\n<h2>6. Y\u00f6netim ve Kurumsal Bilgiler<\/h2>\n<p><b>Y\u00f6netim Kurulu:<\/b> 6 \u00fcyeden olu\u015fan Y\u00f6netim Kurulu&#8217;nun ba\u015fkan\u0131 Bekir K\u00fc\u00e7\u00fckdo\u011fan&#8217;d\u0131r.<\/p>\n<p><b>\u00dcst D\u00fczey Y\u00f6neticiler:<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Unvan<\/td>\n<td>Ad\u0131 Soyad\u0131<\/td>\n<\/tr>\n<tr>\n<td>Genel M\u00fcd\u00fcr<\/td>\n<td>Bekir K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<\/tr>\n<tr>\n<td>Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri Sorumlusu<\/td>\n<td>Ayfer G\u00fcltekin<\/td>\n<\/tr>\n<tr>\n<td>Ma\u011fazalar M\u00fcd\u00fcr\u00fc<\/td>\n<td>C\u00fcneyt K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<\/tr>\n<tr>\n<td>\u00dcretim ve Planlama Sorumlusu<\/td>\n<td>Enver K\u00fc\u00e7\u00fckdo\u011fan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Y\u00f6netime Sa\u011flanan Mali Haklar:<\/b> 01.01.2025 \u2013 30.09.2025 d\u00f6neminde y\u00f6netim kurulu \u00fcyeleri ve \u00fcst d\u00fczey y\u00f6neticilere sa\u011flanan \u00fccret ve benzeri menfaatlerin toplam tutar\u0131 1.047.062 TL&#8217;dir.<\/p>\n<p><b>Hukuki Durum:<\/b> Raporlama d\u00f6nemi itibar\u0131yla \u015firket aleyhine a\u00e7\u0131lm\u0131\u015f ve mali durumu etkileyebilecek nitelikte bir dava bulunmamaktad\u0131r. \u015eirket veya y\u00f6netim kurulu \u00fcyeleri hakk\u0131nda uygulanm\u0131\u015f herhangi bir idari veya adli yapt\u0131r\u0131m yoktur.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"595\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Payla\u015f\u0131lan belgeler, **Rodrigo Tekstil Sanayi ve Ticaret A.\u015e.** \u015firketinin 30 Eyl\u00fcl 2025 tarihinde sona eren d\u00f6neme ait **konsolide finansal tablolar\u0131n\u0131** ve bunlara ili\u015fkin ayr\u0131nt\u0131l\u0131 dipnotlar\u0131 i\u00e7ermektedir. Kaynak metin; \u015firketin nakit varl\u0131klar\u0131n\u0131, stok durumunu, bor\u00e7 y\u00fck\u00fcml\u00fcl\u00fcklerini ve \u00f6zkaynak de\u011fi\u015fimlerini i\u00e7eren **bilan\u00e7o ve gelir tablosu** verilerini kapsaml\u0131 bir \u015fekilde sunmaktad\u0131r. \u015eirketin hem yurt i\u00e7indeki hem de **Azerbaycan\u2019daki \u015fubeleri** arac\u0131l\u0131\u011f\u0131yla y\u00fcr\u00fctt\u00fc\u011f\u00fc ticari faaliyetlerin organizasyonel yap\u0131s\u0131 ve ortakl\u0131k da\u011f\u0131l\u0131m\u0131 metinde detayland\u0131r\u0131lm\u0131\u015ft\u0131r. Raporlarda, finansal verilerin do\u011frulu\u011funu sa\u011flamak amac\u0131yla uygulanan **enflasyon muhasebesi** y\u00f6ntemleri ve T\u00fcrkiye Finansal Raporlama Standartlar\u0131na uyum esaslar\u0131 a\u00e7\u0131klanm\u0131\u015ft\u0131r. Ayr\u0131ca, maddi duran varl\u0131klar\u0131n y\u00f6netimi, **amortisman hesaplamalar\u0131** ve \u015f\u00fcpheli alacaklar i\u00e7in ayr\u0131lan kar\u015f\u0131l\u0131klar gibi muhasebe politikalar\u0131na dair teknik bilgiler verilmektedir. Bu kaynaklar, i\u015fletmenin ilgili hesap d\u00f6nemindeki **mali performans\u0131n\u0131** ve genel ekonomik durumunu analiz etmek i\u00e7in temel te\u015fkil etmektedir.<\/p>\n","protected":false},"author":1,"featured_media":613,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[138],"class_list":["post-595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-rodrg"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/595","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=595"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/595\/revisions"}],"predecessor-version":[{"id":614,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/595\/revisions\/614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/613"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}