THE EFFECTS OF COVID-19 PANDEMIC ON FINANCIAL PERFORMANCE ANALYSIS OF AUTOMOTIVE COMPANIES: A STUDY IN BIST

Yıl 2023, Cilt: 14 Sayı: 2, 555 - 575, 30.12.2023

Sezin Açık Taşar

https://doi.org/10.54688/ayd.1243765

Cited By: 1

Öz

The automotive sector, which makes great contribution to the world economy, was affected like other sectors during the pandemic process. Based on many studies published in various countries, the effect of the pandemic on the automotive industry has been investigated. The aim of this study is to determine whether the financial performances of automotive companies traded in BIST in Turkey are affected during and after the pandemic. According to the results obtained in the study, when the pre-pandemic and the pandemic period were compared, Anadolu Isuzu liquidity ratios, return on assets ratios and return on equity ratios results had decreased in financial performance. When 2021 and 2020 were compared, a greater increase in financial performance had been observed in this company compared to other companies. In Karsan, on the other hand, while an increase in financial performance was observed in the ratios obtained in the comparison of the pre-pandemic and the pandemic, there was a decrease in the comparison of the years 2020-2021. Another result of the study was that Covid-19 had significantly affected BIST automotive companies' profit before tax to equity, earnings before interest, taxes to equity and earnings before interest, taxes, depreciation and amortization to equity ratios.

Anahtar Kelimeler

Finansal Performans, Covid-19, Otomotiv Şirketleri, Financial Performance, Automotive Companies

COVİD-19 PANDEMİSİNİN OTOMOTİV ŞİRKETLERİNİN FİNANSAL PERFORMANS ANALİZİNE ETKİLERİ: BİST'TE BİR ARAŞTIRMA

Öz

Dünya ekonomisine büyük katkı sağlayan otomotiv sektörü de pandemi sürecinde diğer sektörler gibi etkilenmiştir. Bu çalışmanın amacı, Türkiye'de BIST'te işlem gören otomotiv şirketlerinin finansal performanslarının pandemi sürecinde ve sonrasında etkilenip etkilenmediğini belirlemektir. Çalışmada elde edilen sonuçlara göre, pandemi öncesi ve pandemi dönemi karşılaştırıldığında, Anadolu Isuzu likidite oranları, aktif karlılık oranları ve özkaynak karlılığı oranları sonuçlarında düşüş yaşamıştır. 2021 ile 2020 yılları karşılaştırıldığında ise bu şirkette diğer şirketlere göre daha fazla finansal performans artışı gözlemlenmiştir. Karsan'da ise pandemi öncesi ve pandemi karşılaştırmasının sonucunda elde edilen oranlarda şirketin finansal performansında artış gözlemlenirken, 2020-2021 yılları karşılaştırmasında ise bu oranlarda düşüş yaşanmıştır. Çalışmanın bir diğer sonucu da, Covid-19'un BİST otomotiv şirketlerinin vergi öncesi kar/özkaynaklara oranını, faiz, vergi öncesi kâr /özkaynaklar oranını ve faiz, vergi ve amortisman öncesi kâr /özkaynaklara oranını önemli ölçüde etkilemiş olduğunun tespit edilmesidir.

Anahtar Kelimeler

Finansal Performans, Covid-19, Otomotiv Şirketleri, Financial Performance, Automotive Companies

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