{"id":842,"date":"2026-01-13T23:13:31","date_gmt":"2026-01-13T20:13:31","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=842"},"modified":"2026-01-28T03:11:59","modified_gmt":"2026-01-28T00:11:59","slug":"ucay-muhendislik-ucaym-2022-2025-ozet-finansal-gorunum","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/842","title":{"rendered":"\u00dc\u00e7ay M\u00fchendislik #UCAYM 2022-2025 \u00d6zet Finansal G\u00f6r\u00fcn\u00fcm"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\u00dc\u00e7ay M\u00fchendislik #UCAYM 2022-2025 \u00d6zet Finansal G\u00f6r\u00fcn\u00fcm\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/g6TcXZqAJk0?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>\u00dc\u00e7ay M\u00fchendislik Finansal Analiz Raporu<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu analiz, \u00dc\u00e7ay M\u00fchendislik&#8217;in \u00d6zel Ba\u011f\u0131ms\u0131z Denetimden Ge\u00e7mi\u015f Finansal Tablolar\u0131na dayanmaktad\u0131r. Rapor, \u015firketin 2022 y\u0131l\u0131nda kaydetti\u011fi net zarardan, 2023 y\u0131l\u0131nda ve takip eden projeksiyon d\u00f6nemlerinde g\u00fc\u00e7l\u00fc bir k\u00e2rl\u0131l\u0131\u011fa ge\u00e7ti\u011fini ortaya koymaktad\u0131r. Bu d\u00f6n\u00fc\u015f\u00fcm, \u015firketin finansal sa\u011fl\u0131\u011f\u0131nda \u00f6nemli bir iyile\u015fmeye i\u015faret etmektedir.<\/p>\n<p><b>Temel Bulgular:<\/b><\/p>\n<ul>\n<li><b>K\u00e2rl\u0131l\u0131kta G\u00fc\u00e7l\u00fc D\u00f6n\u00fc\u015f\u00fcm:<\/b> \u015eirket, 2022&#8217;de kaydedilen 54,3 milyon TL&#8217;lik net zarar\u0131, 2023&#8217;te 88,2 milyon TL&#8217;lik net k\u00e2ra \u00e7evirmi\u015ftir. K\u00e2rl\u0131l\u0131\u011f\u0131n 2024 ve 2025 projeksiyonlar\u0131nda da devam etmesi beklenmektedir.<\/li>\n<li><b>B\u00fcy\u00fcyen \u00d6zkaynak Yap\u0131s\u0131:<\/b> K\u00e2rl\u0131l\u0131ktaki art\u0131\u015fa paralel olarak, \u015firketin \u00f6zkaynaklar\u0131 2022&#8217;de 702,3 milyon TL&#8217;den, Eyl\u00fcl 2025 projeksiyonunda 1 milyar TL&#8217;yi a\u015fan bir seviyeye istikrarl\u0131 bir \u015fekilde y\u00fckselmektedir. Bu durum, \u015firketin finansal temelinin g\u00fc\u00e7lendi\u011fini g\u00f6stermektedir.<\/li>\n<li><b>Varl\u0131k ve Has\u0131latta Zirve ve Konsolidasyon:<\/b> Toplam varl\u0131klar ve has\u0131lat, 2023 y\u0131l\u0131nda zirve yapm\u0131\u015ft\u0131r. Sonraki d\u00f6nem projeksiyonlar\u0131, bu metriklerde bir d\u00fc\u015f\u00fc\u015fe i\u015faret ederek potansiyel bir proje d\u00f6ng\u00fcs\u00fcn\u00fcn tamamland\u0131\u011f\u0131n\u0131 veya stratejik bir konsolidasyon d\u00f6nemine girildi\u011fini d\u00fc\u015f\u00fcnd\u00fcrmektedir.<\/li>\n<li><b>Y\u00fck\u00fcml\u00fcl\u00fcklerin Azalmas\u0131:<\/b> \u00d6zellikle k\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fckler, 2023&#8217;teki zirvenin ard\u0131ndan projeksiyon d\u00f6nemlerinde \u00f6nemli \u00f6l\u00e7\u00fcde azalmaktad\u0131r. Bu durum, bor\u00e7luluk seviyesinin daha y\u00f6netilebilir bir d\u00fczeye \u00e7ekildi\u011fini g\u00f6stermektedir.<\/li>\n<\/ul>\n<p>Sonu\u00e7 olarak, finansal veriler, \u00dc\u00e7ay M\u00fchendislik&#8217;in operasyonel verimlili\u011fini ve k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde art\u0131rd\u0131\u011f\u0131n\u0131, bilan\u00e7osunu g\u00fc\u00e7lendirdi\u011fini ve s\u00fcrd\u00fcr\u00fclebilir bir finansal yap\u0131ya do\u011fru ilerledi\u011fini g\u00f6stermektedir.<\/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. Finansal Durum Analizi (Bilan\u00e7o)<\/h2>\n<p>\u015eirketin bilan\u00e7osu, 2023 y\u0131l\u0131nda varl\u0131k ve y\u00fck\u00fcml\u00fcl\u00fcklerde bir zirve ya\u015fand\u0131\u011f\u0131n\u0131, takip eden d\u00f6nemlerde ise \u00f6zkaynaklar\u0131n g\u00fc\u00e7lenmesiyle birlikte daha dengeli bir yap\u0131ya ge\u00e7ildi\u011fini g\u00f6stermektedir.<\/p>\n<h3>1.1. Varl\u0131klar\u0131n Geli\u015fimi<\/h3>\n<p>Toplam varl\u0131klar 2023&#8217;te 2,79 milyar TL&#8217;ye ula\u015farak en y\u00fcksek seviyesini g\u00f6rm\u00fc\u015f, sonras\u0131nda ise projeksiyonlarda bir azalma e\u011filimi g\u00f6stermi\u015ftir. Bu hareketlili\u011fin ana kayna\u011f\u0131, \u00f6zellikle Ticari Alacaklar kalemindeki de\u011fi\u015fimle birlikte D\u00f6nen Varl\u0131klard\u0131r.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Varl\u0131k Kalemleri (TL)<\/td>\n<td>31.12.2022<\/td>\n<td>31.12.2023<\/td>\n<td>31.12.2024<\/td>\n<td>30.09.2025<\/td>\n<\/tr>\n<tr>\n<td>D\u00f6nen Varl\u0131klar<\/td>\n<td>1.660.181.461<\/td>\n<td>2.192.168.790<\/td>\n<td>1.485.914.765<\/td>\n<td>1.361.526.934<\/td>\n<\/tr>\n<tr>\n<td>Duran Varl\u0131klar<\/td>\n<td>690.179.346<\/td>\n<td>601.512.796<\/td>\n<td>583.525.764<\/td>\n<td>577.440.567<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>2.350.360.807<\/b><\/td>\n<td><b>2.793.681.586<\/b><\/td>\n<td><b>2.069.440.529<\/b><\/td>\n<td><b>1.938.967.501<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>1.2. Y\u00fck\u00fcml\u00fcl\u00fcklerin Yap\u0131s\u0131<\/h3>\n<p>Toplam y\u00fck\u00fcml\u00fcl\u00fckler, varl\u0131klardaki trende paralel olarak 2023 y\u0131l\u0131nda 1,98 milyar TL ile zirve yapm\u0131\u015ft\u0131r. Projeksiyonlar, \u00f6zellikle K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fcklerde belirgin bir d\u00fc\u015f\u00fc\u015f \u00f6ng\u00f6rerek \u015firketin bor\u00e7luluk yap\u0131s\u0131n\u0131 iyile\u015ftirdi\u011fini g\u00f6stermektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Y\u00fck\u00fcml\u00fcl\u00fck Kalemleri (TL)<\/td>\n<td>31.12.2022<\/td>\n<td>31.12.2023<\/td>\n<td>31.12.2024<\/td>\n<td>30.09.2025<\/td>\n<\/tr>\n<tr>\n<td>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>1.538.783.009<\/td>\n<td>1.762.464.122<\/td>\n<td>923.653.362<\/td>\n<td>707.821.758<\/td>\n<\/tr>\n<tr>\n<td>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>109.284.202<\/td>\n<td>221.374.470<\/td>\n<td>194.848.218<\/td>\n<td>228.391.614<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td><b>1.648.067.211<\/b><\/td>\n<td><b>1.983.838.592<\/b><\/td>\n<td><b>1.118.501.580<\/b><\/td>\n<td><b>936.213.372<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>1.3. \u00d6zkaynaklar\u0131n G\u00fc\u00e7lenmesi<\/h3>\n<p>\u015eirketin \u00f6zkaynaklar\u0131, k\u00e2rl\u0131l\u0131ktaki art\u0131\u015f\u0131n bir sonucu olarak istikrarl\u0131 bir b\u00fcy\u00fcme trendindedir. 2022 y\u0131l\u0131nda 702,3 milyon TL olan \u00f6zkaynaklar\u0131n, Eyl\u00fcl 2025 projeksiyonunda 1 milyar TL&#8217;yi a\u015fmas\u0131 beklenmektedir. Bu, \u015firketin finansal dayan\u0131kl\u0131l\u0131\u011f\u0131n\u0131n artt\u0131\u011f\u0131n\u0131n en \u00f6nemli g\u00f6stergesidir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>\u00d6zkaynak Kalemleri (TL)<\/td>\n<td>31.12.2022<\/td>\n<td>31.12.2023<\/td>\n<td>31.12.2024<\/td>\n<td>30.09.2025<\/td>\n<\/tr>\n<tr>\n<td>Net D\u00f6nem Kar\u0131\/(Zarar\u0131)<\/td>\n<td>(54.297.247)<\/td>\n<td>88.190.954<\/td>\n<td>127.227.872<\/td>\n<td>50.953.087<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam \u00d6zkaynaklar<\/b><\/td>\n<td><b>702.293.596<\/b><\/td>\n<td><b>809.842.994<\/b><\/td>\n<td><b>950.938.949<\/b><\/td>\n<td><b>1.002.754.129<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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>2. K\u00e2r-Zarar Analizi (Gelir Tablosu)<\/h2>\n<p>Gelir tablosu, \u015firketin 2022&#8217;deki zarardan 2023&#8217;te g\u00fc\u00e7l\u00fc bir k\u00e2ra ge\u00e7i\u015fini ve bu pozitif seyrin devam\u0131na ili\u015fkin beklentileri net bir \u015fekilde ortaya koymaktad\u0131r.<\/p>\n<h3>2.1. Has\u0131lat ve Br\u00fct K\u00e2rl\u0131l\u0131k<\/h3>\n<p>Has\u0131lat, 2023 y\u0131l\u0131nda 3,92 milyar TL ile en y\u00fcksek seviyesine ula\u015fm\u0131\u015ft\u0131r. Bu d\u00f6nemdeki y\u00fcksek has\u0131lat, 1,03 milyar TL&#8217;lik rekor bir br\u00fct k\u00e2r yaratm\u0131\u015ft\u0131r. Projeksiyonlar, has\u0131lat\u0131n normalle\u015fece\u011fini ancak k\u00e2rl\u0131l\u0131\u011f\u0131n devam edece\u011fini \u00f6ng\u00f6rmektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Gelir Tablosu Kalemleri (TL)<\/td>\n<td>31.12.2022<\/td>\n<td>31.12.2023<\/td>\n<td>30.09.2024<\/td>\n<td>30.09.2025<\/td>\n<\/tr>\n<tr>\n<td>Has\u0131lat<\/td>\n<td>3.290.596.506<\/td>\n<td>3.924.234.497<\/td>\n<td>2.650.538.007<\/td>\n<td>1.939.082.893<\/td>\n<\/tr>\n<tr>\n<td>Sat\u0131\u015flar\u0131n Maliyeti (-)<\/td>\n<td>(2.533.092.835)<\/td>\n<td>(2.890.875.965)<\/td>\n<td>(1.930.100.912)<\/td>\n<td>(1.493.524.398)<\/td>\n<\/tr>\n<tr>\n<td><b>BR\u00dcT K\u00c2R<\/b><\/td>\n<td><b>757.503.671<\/b><\/td>\n<td><b>1.033.358.532<\/b><\/td>\n<td><b>720.437.095<\/b><\/td>\n<td><b>445.558.495<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.2. Faaliyet K\u00e2rl\u0131l\u0131\u011f\u0131<\/h3>\n<p>Esas Faaliyet K\u00e2r\u0131, \u015firketin operasyonel verimlili\u011findeki art\u0131\u015f\u0131 g\u00f6stermektedir. 2022&#8217;de 298 milyon TL olan faaliyet k\u00e2r\u0131, 2023&#8217;te 406,4 milyon TL&#8217;ye y\u00fckselmi\u015ftir. Projeksiyonlar, bu g\u00fc\u00e7l\u00fc operasyonel performans\u0131n devam edece\u011fine i\u015faret etmektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Faaliyet K\u00e2r\u0131 Kalemleri (TL)<\/td>\n<td>31.12.2022<\/td>\n<td>31.12.2023<\/td>\n<td>30.09.2024<\/td>\n<td>30.09.2025<\/td>\n<\/tr>\n<tr>\n<td><b>ESAS FAAL\u0130YET K\u00c2RI<\/b><\/td>\n<td><b>298.041.471<\/b><\/td>\n<td><b>406.404.790<\/b><\/td>\n<td><b>320.035.768<\/b><\/td>\n<td><b>270.346.556<\/b><\/td>\n<\/tr>\n<tr>\n<td>Finansman Gelirleri \u00d6ncesi Faaliyet K\u00e2r\u0131<\/td>\n<td>293.021.070<\/td>\n<td>418.177.764<\/td>\n<td>336.812.682<\/td>\n<td>287.090.674<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.3. Vergi \u00d6ncesi ve Net K\u00e2r Performans\u0131<\/h3>\n<p>\u015eirketin finansal performans\u0131ndaki en \u00e7arp\u0131c\u0131 geli\u015fme, vergi \u00f6ncesi k\u00e2r ve net k\u00e2r rakamlar\u0131nda ya\u015fanm\u0131\u015ft\u0131r. 2022&#8217;de kaydedilen 8,8 milyon TL&#8217;lik vergi \u00f6ncesi zarar, 2023&#8217;te 208,3 milyon TL&#8217;lik vergi \u00f6ncesi k\u00e2ra d\u00f6n\u00fc\u015fm\u00fc\u015ft\u00fcr. Bu durum, net k\u00e2r rakamlar\u0131na da yans\u0131m\u0131\u015f ve \u015firket zarardan k\u00e2ra ge\u00e7mi\u015ftir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Net K\u00e2r Kalemleri (TL)<\/td>\n<td>31.12.2022<\/td>\n<td>31.12.2023<\/td>\n<td>30.09.2024<\/td>\n<td>30.09.2025<\/td>\n<\/tr>\n<tr>\n<td>S\u00fcrd\u00fcr\u00fclen Faaliyetler Vergi \u00d6ncesi K\u00e2r\u0131<\/td>\n<td>(8.819.946)<\/td>\n<td>208.287.448<\/td>\n<td>142.480.929<\/td>\n<td>109.598.147<\/td>\n<\/tr>\n<tr>\n<td>Vergi Gideri<\/td>\n<td>(45.477.301)<\/td>\n<td>(120.096.494)<\/td>\n<td>(25.496.114)<\/td>\n<td>(58.645.060)<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00d6NEM NET K\u00c2RI<\/b><\/td>\n<td><b>(54.297.247)<\/b><\/td>\n<td><b>88.190.954<\/b><\/td>\n<td><b>116.984.815<\/b><\/td>\n<td><b>50.953.087<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<button class=\"simplefavorite-button\" data-postid=\"842\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Bu belgeler, **\u00dc\u00e7ay M\u00fchendislik** firmas\u0131n\u0131n halka arz s\u00fcreci kapsam\u0131nda haz\u0131rlanan kapsaml\u0131 **finansal analiz raporlar\u0131n\u0131** ve ba\u011f\u0131ms\u0131z denetimden ge\u00e7mi\u015f verilerini i\u00e7ermektedir. G\u00f6rsellerde \u015firketin 2022 y\u0131l\u0131ndan 2025&#8217;in \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011fine kadar olan **bilan\u00e7o ve gelir tablosu** detaylar\u0131, varl\u0131k y\u00f6netimi, bor\u00e7 y\u00fck\u00fcml\u00fcl\u00fckleri ve \u00f6zkaynak de\u011fi\u015fimleri \u00fczerinden sunulmaktad\u0131r. Rapor, i\u015fletmenin **ticari faaliyetlerini**, enerji verimlili\u011fi odakl\u0131 projelerini ve d\u00f6nemler i\u00e7indeki **net k\u00e2r\/zarar** durumunu profesyonel bir veri setiyle ortaya koymaktad\u0131r. Ayr\u0131ca, yat\u0131r\u0131mc\u0131lar i\u00e7in kritik \u00f6neme sahip olan **esas faaliyet k\u00e2r\u0131** ve vergi \u00f6ncesi k\u00e2r gibi temel finansal performans g\u00f6stergeleri y\u0131ll\u0131k bazda kar\u015f\u0131la\u015ft\u0131r\u0131lmaktad\u0131r. Toplam kaynaklar ve **finansman giderleri** gibi ba\u015fl\u0131klar alt\u0131nda toplanan bu tablolar, kurumun ekonomik sa\u011fl\u0131\u011f\u0131n\u0131 ve mali yap\u0131s\u0131n\u0131n geli\u015fimini \u00f6zetlemektedir.<\/p>\n","protected":false},"author":1,"featured_media":848,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[187],"class_list":["post-842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-ucaym"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/842","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=842"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/842\/revisions"}],"predecessor-version":[{"id":849,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/842\/revisions\/849"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/848"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}