Is Finansal Kiralama A.s. · BIST:ISFIN
Is Finansal Kiralama A.s — Q1 2025 Earnings Presentation
27 slides from Is Finansal Kiralama A.s's earnings presentation, March 2025
Slide 1: Investor Presentation March 2025
INVESTOR PRESENTATION MARCH 2025
Slide 2: Advantageous, Competent, Flexible, Foreseeable
Advantageous Competent Flexible Foreseeable
Slide 3: Company Overview
Company Overview iS LEASING
Slide 4: Milestones
Milestones As a result of the increase in Incorporated under the company value and transaction partnership of İşbank, Initial public volume, it is included in the ISE Societe General and IFC. offering (ISFIN) 50 index. 1988 2000 2005 1985 1995 The Leasing Law 2004 2009 enters into force. İşbank Grou
Slide 5: Company Overview
Company Overview With a new transaction volume of USD 192 million and a market share of 13,17 %, İş Leasing maintained its strong position in the sector. With leasing receivables reaching TL 30,4 billion, the market share in terms of receivables is 11,87%. Total consolidated equity is TL 10,2 billio
Slide 6: Company Overview: Rating, Shareholders, Share Performance
Company Overview Rating İş Leasing TİBAŞ TSKB Fitch Long-Term Foreing BB- BB- B+ Currency SAHA 9,30 - 9,67 Türkiye İş Bankası A.Ş. 39,2% Where to sell Türkiye Sınai Kalkınma Bankası 0,9% A.Ş. Trading Volume Price 30,4% Trakya Yatırım Marketing 12.000.000 18 16 29,5% Strategy 10.000.000 Holding A.Ş.
Slide 7: Company Overview: Branches and Staff
Company Overview 146 Avcılar Branch Kozyatağı Branch Şişli Branch Kartal Branch Trabzon Branch Bursa Branch 53 % Ostim Branch Başkent Branch 47 % İzmir Branch Kayseri Branch 39 Sales Diyarbakır Branch Ege Serbest Bölge Branch Konya Branch Staff Adana Şube Gaziantep Branch Antalya Branch 16 Branches
Slide 8: Financial Results
FINANCIAL RESULTS is LEASING
Slide 9: Financial Results
FINANCIAL RESULTS TL 32.016 TL 70.609 TL 30.416 Million Million Factoring Total Assets Million Receivables Leasing Receivables TL 10.162 USD 192 Million Million Shareholders’ Equity Transaction Volume
Slide 10: Consolidated Financial Highlights
Consolidated Financial Highlights TL Million, consolidated 03.2024 2024 03.2025 Δ Leasing Receivables, Net 22.851 26.660 30.416 14% Factoring Receivables, Net 18.371 35.124 32.016 -9% Non Performing Receivables 984 1.078 1.602 49% Provisions (-) 1.156 1.405 1.744 24% Total Assets 47.088 69.747 70.60
Slide 11: Unconsolidated Key Figures
Unconsolidated Key Figures FINANCIAL HIGHLIGHTS SECTOR FINANCIAL HIGHLIGHTS İŞ LEASING (SOLO) İş Leasing Sector Million TL 03.2024 2024 03.2025 Δ Million TL 03.2024 2024 03.2025 Δ Share Leasing Receivables 199.834 234.106 256.197 9,4% Leasing Receivables 22.851 26.660 30.416 14,1% 11,87% Non Perform
Slide 12: NPL
NPL Sector NPL % İş Leasing NPL% 10,00% 9,50% 9,00% 8,50% 8,00% 8,31% 7,50% 7,00% 7,20% 6,50% 6,57% 6,67% 6,00% 6,26% 5,50% 5,77% 5,55% 5,00% 4,50% 4,76% 4,65% 4,63% 4,87% 3,72% 4,00% 4,07% 3,50% 4,32% 3,90% 3,81% 3,63% 3,00% 3,61% 3,04% 2,50% 2,53% 2,00% 2016 2017 2018 2019 2020 2021 2022 2023 2024
Slide 13: Leverage
LEVERAGE 7,7 7,4 6,4 5,3 5,7 5,0 2020 2021 2022 2023 2024 2025/03
Slide 14: Industrial & Asset Breakdown
Industrial & Asset Breakdown, % Assets Distribution (%) 2024 Q1/2025 32 33 31 31 15 16 9 10 9 8 3 3 MACHINERY REAL ESTATE CONSTRUCTION TEXTILE TRANSPORTATION OTHER MACH. Sectoral Distribution(%) 35% 30% 2024 Q1/2025 21% 20% 12% 11% 10% 9% 6% 6% 6% 5% 4% 4% 3% 3% 4% 4% 3% 3% 2% 1% TEXTILE CONSTRUCTIO
Slide 15: Financial Results: Funding Strategy
FINANCIAL RESULTS Strong relationships with both domestic and international Efficient use banks of capital market instruments Efficient hedging strategy against FX risk Structured Usage of Finance alternative funding channels (Derivatives)
Slide 16: Leasing Sector in Turkey
LEASING SECTOR IN TURKEY is LEASING
Slide 17: Number of Leasing Companies
Number of Leasing Companies Number of Leasing Companies 26 25 24 23 22 22 21 21 19 20 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025/03
Slide 18: New Leasing Volume
New Leasing Volume Million USD -3,69% 1,04% 7,13% 6.365 6.130 6.194 -22,59% 26,84% 5.506 24% 24% 18% 1,55% 5.140 4.795 20,80% 23% -46,66% 29,14% 19% 18% 3.990 4.052 3.303 19% 16% 2.558 20% 28% 1.454 21% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1/2025 Leasing Sale & Leaseback
Slide 19: Portfolio Development
Portfolio Development Leasing Receivables (Million USD) 13.786 12.509 11.539 8.202 7.803 6.411 6.310 6.420 6.646 6.784 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025/03 Currency Distribution 90% 80% 75% 75% 77% 77% 70% 70% 72% 71% 66% 67% 60% 61% 50% 40% 39% 30% 30% 34% 33% 25% 25% 28% 29% 20% 23
Slide 20: Portfolio Development
Portfolio Development 30.000 45% 39% 40% 25.000 34% 33% 35% 30% 28% 29% 20.000 30% 24% 25% 15.000 20% 10.000 8.554 15% 7.803 6.411 6.310 6.420 6.646 6.784 10% 5.000 2.053 2.349 2.120 2.531 2.177 1.944 1.772 5% 0 0% 2019 2020 2021 2022 2023 2024 2025/03 Lease Receivables (USD) TL TL %
Slide 21: Profitability
Profitability Net Profit of Sector (Million TL) 17.180 14.488 5.897 5.643 1.125 1.502 2.042 923 952 917 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025/03 Equity & Leverage 6,2 6,3 6,2 80.000 5,7 5,6 70.000 5,2 6 4,6 4,7 4,4 60.000 5 4,5 50.000 4 40.000 3 30.000 2 20.000 10.000 1 8.604 9.601 10.37
Slide 22: NPL and Customer Base
NPL Customer Base %12,20 %13,18 %12,76 90.0 00 %10,65 %11,18 %12,65 %11,37 %14,0 0 80.0 00 %10,02 %9,43 %9,1 %12,0 0 70.0 00 %10,0 0 60.0 00 %8,00 50.0 00 %6,00 40.0 00 %4,00 30.0 00 20.0 00 58.373 57.593 53.510 40.457 36.240 35.669 34.880 37.872 47.246 50.024 %2,00 10.0 00 %0,00 2016 2017 2018 2019
Slide 23: Sustainability
SUSTAINABILITY is LEASING
Slide 24: Sustainability
SUSTAINABILITY İş Leasing approaches sustainability as a whole, encompassing its economic, environmental, and social aspects, while adhering to all pertinent laws and regulations in its operations. Considering sustainability as an integral part of its way of doing business to leave a more livable wo
Slide 25: Sustainability
SUSTAINABILITY To achieve its sustainable development and green transformation goals, İş Leasing places great importance on understanding the expectations of its various stakeholders and managing this process effectively by strengthening collaborations with national and international organizations.
Slide 26: Investor Relations Unit
Investor Relations Unit yatirimciiliskileri@isleasing.com.tr
Slide 27: Disclaimer Statement
Disclaimer Statement The information in this document has been obtained by İş Finansal Kiralama A.Ş. (“İş Leasing”) from sources believed to be reliable, however, İş Leasing cannot guarantee the accuracy, completeness , or correctness of such information. This document has been issued for informatio
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