By Helgi Library - September 18, 2020
BENET Automotive made a net profit of CZK -1.18 mil in 2018, down 112% compared to the previous year. Total sales reached CZK 956 mi...
By Helgi Library - September 18, 2020
BENET Automotive made a net profit of CZK -1.18 mil in 2018, down 112% compared to the previous year. Total sales reached CZK 956 mi...
By Helgi Library - September 18, 2020
BENET Automotive employed 401 employees in 2018, down 5.87% compared to the previous year. Historically, between 2010 a...
| Profit Statement | 2016 | 2017 | 2018 | |
| Sales | CZK mil | 821 | 1,023 | 956 |
| Gross Profit | CZK mil | 276 | 606 | 562 |
| EBITDA | CZK mil | 110 | 34.0 | 34.7 |
| EBIT | CZK mil | 82.3 | 5.48 | 7.93 |
| Pre-Tax Profit | CZK mil | 76.6 | 15.2 | 0.406 |
| Net Profit | CZK mil | 59.6 | 10.1 | -1.18 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Total Assets | CZK mil | 846 | 825 | 751 |
| Non-Current Assets | CZK mil | 375 | 375 | 381 |
| Current Assets | CZK mil | 441 | 420 | 368 |
| Working Capital | CZK mil | 228 | 164 | 190 |
| Shareholders' Equity | CZK mil | 183 | 184 | 179 |
| Liabilities | CZK mil | 663 | 641 | 572 |
| Total Debt | CZK mil | 280 | 275 | 245 |
| Net Debt | CZK mil | 164 | 122 | 106 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 39.0 | 5.50 | -0.652 |
| ROCE | % | 9.47 | 1.77 | -0.213 |
| Gross Margin | % | 33.6 | 59.3 | 58.8 |
| EBITDA Margin | % | 13.4 | 3.33 | 3.63 |
| EBIT Margin | % | 10.0 | 0.536 | 0.829 |
| Net Margin | % | 7.25 | 0.986 | -0.124 |
| Net Debt/EBITDA | 1.50 | 3.57 | 3.05 | |
| Net Debt/Equity | % | 89.8 | 66.1 | 59.0 |
| Cash Flow | 2016 | 2017 | 2018 | |
| Total Cash From Operations | CZK mil | 33.9 | 27.9 | -21.6 |
| Total Cash From Investing | CZK mil | -89.7 | -36.4 | -28.6 |
| Total Cash From Financing | CZK mil | 52.9 | 105 | 30.3 |
| Net Change In Cash | CZK mil | -2.96 | 96.4 | -20.0 |
| Cash Conversion Cycle | days | 114 | 54.0 | 111 |
| Cash Earnings | CZK mil | 87.1 | 38.6 | 25.6 |
| Free Cash Flow | CZK mil | -55.9 | -8.56 | -50.3 |
Get all company financials in excel:
| overview | Unit | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||
| Sales | CZK mil | 531 | 534 | 619 | 613 | 821 | ||||
| Gross Profit | CZK mil | 119 | 141 | 187 | 228 | 276 | ||||
| EBIT | CZK mil | 18.5 | 14.4 | 47.7 | 61.4 | 82.3 | ||||
| Net Profit | CZK mil | 14.2 | 2.54 | 31.3 | 45.1 | 59.6 | ||||
| ROE | % | 31.7 | 5.17 | 50.7 | 45.1 | 39.0 | ||||
| EBIT Margin | % | 3.48 | 2.70 | 7.70 | 10.0 | 10.0 | ||||
| Net Margin | % | 2.68 | 0.475 | 5.06 | 7.36 | 7.25 | ||||
| Employees | 240 | 235 | 235 | 294 | 350 | |||||
| balance sheet | ||||||||||
| Total Assets | CZK mil | 314 | 474 | 570 | 521 | 846 | ||||
| Non-Current Assets | CZK mil | 142 | 251 | 570 | 521 | 375 | ||||
| Current Assets | CZK mil | 150 | 208 | 267 | 224 | 441 | ||||
| Shareholders' Equity | CZK mil | 52.0 | 46.1 | 77.5 | 123 | 183 | ||||
| Liabilities | CZK mil | 262 | 428 | 492 | 398 | 663 | ||||
| Non-Current Liabilities | CZK mil | 74.2 | 234 | 231 | 222 | 275 | ||||
| Current Liabilities | CZK mil | 162 | 159 | 177 | 115 | 159 | ||||
| Net Debt/EBITDA | 8.18 | 15.1 | 3.28 | 2.51 | 1.50 | |||||
| Net Debt/Equity | % | 462 | 1,006 | 285 | 168 | 89.8 | ||||
| cash flow | ||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 33.9 | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -89.7 | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | 52.9 | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -2.96 |
| income statement | Unit | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||
| Sales | CZK mil | 531 | 534 | 619 | 613 | 821 | ||||
| Cost of Goods & Services | CZK mil | 413 | 393 | 433 | 385 | 545 | ||||
| Gross Profit | CZK mil | 119 | 141 | 187 | 228 | 276 | ||||
| Staff Cost | CZK mil | 94.3 | 114 | 116 | 139 | 186 | ||||
| Other Operating Cost (Income) | CZK mil | -5.11 | -3.58 | 3.60 | 6.71 | -19.0 | ||||
| EBITDA | CZK mil | 29.3 | 30.7 | 67.2 | 82.1 | 110 | ||||
| Depreciation | CZK mil | 10.9 | 16.3 | 19.5 | 20.7 | 27.5 | ||||
| EBIT | CZK mil | 18.5 | 14.4 | 47.7 | 61.4 | 82.3 | ||||
| Net Financing Cost | CZK mil | 0.577 | 13.4 | 6.38 | 5.07 | 5.63 | ||||
| Extraordinary Cost | CZK mil | 0 | < 0.001 | 0.001 | 0 | 0 | ||||
| Pre-Tax Profit | CZK mil | 17.9 | 0.994 | 41.3 | 56.3 | 76.6 | ||||
| Tax | CZK mil | 3.68 | -1.54 | 9.94 | 11.2 | 17.1 | ||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Net Profit | CZK mil | 14.2 | 2.54 | 31.3 | 45.1 | 59.6 | ||||
| Net Profit Avail. to Common | CZK mil | 14.2 | 2.54 | 31.3 | 45.1 | 59.6 | ||||
| growth rates | ||||||||||
| Total Revenue Growth | % | ... | 45.7 | 0.589 | 15.9 | -1.04 | 34.0 | |||
| Staff Cost Growth | % | ... | 80.2 | 21.1 | 1.51 | 20.0 | 33.4 | |||
| EBITDA Growth | % | ... | 18.5 | 4.66 | 119 | 22.1 | 33.8 | |||
| EBIT Growth | % | ... | 7.68 | -22.0 | 231 | 28.7 | 34.0 | |||
| Pre-Tax Profit Growth | % | ... | 36.7 | -94.4 | 4,054 | 36.4 | 36.1 | |||
| Net Profit Growth | % | ... | 25.4 | -82.2 | 1,136 | 43.9 | 32.0 | |||
| ratios | ||||||||||
| ROE | % | 31.7 | 5.17 | 50.7 | 45.1 | 39.0 | ||||
| ROA | % | 5.81 | 0.643 | 6.01 | 8.27 | 8.71 | ||||
| ROCE | % | ... | 12.0 | 1.08 | 6.14 | 6.72 | 9.47 | |||
| Gross Margin | % | 22.3 | 26.5 | 30.1 | 37.2 | 33.6 | ||||
| EBITDA Margin | % | 5.52 | 5.75 | 10.8 | 13.4 | 13.4 | ||||
| EBIT Margin | % | 3.48 | 2.70 | 7.70 | 10.0 | 10.0 | ||||
| Net Margin | % | 2.68 | 0.475 | 5.06 | 7.36 | 7.25 | ||||
| Net Debt/EBITDA | 8.18 | 15.1 | 3.28 | 2.51 | 1.50 |
| balance sheet | Unit | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||||
| Cash & Cash Equivalents | CZK mil | 12.7 | 16.4 | 33.5 | 22.2 | 116 | ||||
| Receivables | CZK mil | 73.7 | 112 | 156 | 102 | 175 | ||||
| Inventories | CZK mil | 63.3 | 79.5 | 77.2 | 99.4 | 151 | ||||
| Other ST Assets | CZK mil | 0 | 0.630 | 0.250 | 0 | 0 | ||||
| Current Assets | CZK mil | 150 | 208 | 267 | 224 | 441 | ||||
| Property, Plant & Equipment | CZK mil | 314 | 474 | 568 | 520 | 372 | ||||
| LT Investments & Receivables | CZK mil | -173 | -224 | < -0.001 | < 0.001 | < 0.001 | ||||
| Intangible Assets | CZK mil | 0.867 | 1.04 | 1.12 | 0.888 | 2.72 | ||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Non-Current Assets | CZK mil | 142 | 251 | 570 | 521 | 375 | ||||
| Total Assets | CZK mil | 314 | 474 | 570 | 521 | 846 | ||||
| Trade Payables | CZK mil | 144 | 108 | 116 | 67.9 | 97.2 | ||||
| Short-Term Debt | CZK mil | 6.62 | 28.9 | 40.8 | 20.0 | 20.0 | ||||
| Other ST Liabilities | CZK mil | 11.1 | 21.4 | 20.9 | 26.7 | 41.9 | ||||
| Current Liabilities | CZK mil | 162 | 159 | 177 | 115 | 159 | ||||
| Long-Term Debt | CZK mil | 73.2 | 227 | 213 | 208 | 260 | ||||
| Other LT Liabilities | CZK mil | 1.00 | 6.20 | 18.0 | 13.9 | 14.9 | ||||
| Non-Current Liabilities | CZK mil | 74.2 | 234 | 231 | 222 | 275 | ||||
| Liabilities | CZK mil | 262 | 428 | 492 | 398 | 663 | ||||
| Equity Before Minority Interest | CZK mil | 52.0 | 46.1 | 77.5 | 123 | 183 | ||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Equity | CZK mil | 52.0 | 46.1 | 77.5 | 123 | 183 | ||||
| growth rates | ||||||||||
| Total Asset Growth | % | ... | 78.8 | 51.0 | 20.1 | -8.57 | 62.5 | |||
| Shareholders' Equity Growth | % | ... | 37.6 | -11.3 | 67.9 | 58.2 | 49.1 | |||
| Net Debt Growth | % | ... | 88.9 | 93.3 | -52.4 | -6.81 | -20.2 | |||
| Total Debt Growth | % | ... | 249 | 221 | -0.818 | -10.4 | 22.8 | |||
| ratios | ||||||||||
| Total Debt | CZK mil | 79.8 | 256 | 254 | 228 | 280 | ||||
| Net Debt | CZK mil | 240 | 464 | 221 | 206 | 164 | ||||
| Working Capital | CZK mil | -6.84 | 82.6 | 118 | 134 | 228 | ||||
| Capital Employed | CZK mil | 135 | 334 | 687 | 655 | 603 | ||||
| Net Debt/Equity | % | 462 | 1,006 | 285 | 168 | 89.8 | ||||
| Current Ratio | 0.927 | 1.31 | 1.51 | 1.95 | 2.77 | |||||
| Quick Ratio | 0.535 | 0.805 | 1.07 | 1.09 | 1.82 |
| cash flow | Unit | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| cash flow | ||||||||||
| Net Profit | CZK mil | 14.2 | 2.54 | 31.3 | 45.1 | 59.6 | ||||
| Depreciation | CZK mil | 10.9 | 16.3 | 19.5 | 20.7 | 27.5 | ||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | 41.3 | ||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | -94.5 | ||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 33.9 | ||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | -131 | ||
| Other Investing Activities | CZK mil | ... | ... | ... | ... | ... | ... | 40.8 | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -89.7 | ||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | 51.9 | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | 52.9 | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -2.96 | ||
| ratios | ||||||||||
| Days Sales Outstanding | days | 50.6 | 76.2 | 92.1 | 60.9 | 77.6 | ||||
| Days Sales Of Inventory | days | 56.0 | 73.9 | 65.1 | 94.2 | 101 | ||||
| Days Payable Outstanding | days | 127 | 101 | 97.5 | 64.4 | 65.1 | ||||
| Cash Conversion Cycle | days | -20.6 | 49.3 | 59.7 | 90.8 | 114 | ||||
| Cash Earnings | CZK mil | 25.1 | 18.8 | 50.9 | 65.8 | 87.1 | ||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | -55.9 | ||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | 15.9 |
| other ratios | Unit | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| Employees | 240 | 235 | 235 | 294 | 350 | |||||
| Cost Per Employee | USD per month | 1,674 | 2,070 | 1,924 | 1,652 | 1,751 | ||||
| Cost Per Employee (Local Currency) | CZK per month | 32,748 | 40,498 | 41,110 | 39,433 | 44,178 | ||||
| Staff Cost (As % of Sales) | % | 17.8 | 21.4 | 18.7 | 22.7 | 22.6 | ||||
| Effective Tax Rate | % | 20.6 | -155 | 24.1 | 19.9 | 22.3 | ||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 23.2 | 17.6 |
Get all company financials in excel:
By Helgi Library - September 18, 2020
BENET Automotive employed 401 employees in 2018, down 5.87% compared to the previous year. Historically, between 2010 and 2018, the firm's workforce hit a high of 426 employees in 2017 and a low of 123 employees in 2010. Average personnel cost stood ...
By Helgi Library - September 18, 2020
BENET Automotive made a net profit of CZK -1.18 mil with revenues of CZK 956 mil in 2018, down by 112% and down by 6.49%, respectively, compared to the previous year. This translates into a net margin of -0.124%. Historically, between 2010 and 2018, ...
By Helgi Library - September 18, 2020
BENET Automotive made a net profit of CZK -1.18 mil with revenues of CZK 956 mil in 2018, down by 112% and down by 6.49%, respectively, compared to the previous year. This translates into a net margin of -0.124%. Historically, between 2010 and 2018, ...
By Helgi Library - September 18, 2020
BENET Automotive's total assets reached CZK 751 mil at the end of 2018, down 8.98% compared to the previous year. Current assets amounted to CZK 368 mil, or 49.0% of total assets while cash stood at CZK 95.6 mil at the end of 2018. ...
By Helgi Library - September 18, 2020
BENET Automotive's total assets reached CZK 751 mil at the end of 2018, down 8.98% compared to the previous year. Current assets amounted to CZK 368 mil, or 49.0% of total assets while cash stood at CZK 95.6 mil at the end of 2018. ...
By Helgi Library - September 18, 2020
BENET Automotive made a net profit of CZK -1.18 mil in 2018, down 112% compared to the previous year. Historically, between 2010 and 2018, the company's net profit reached a high of CZK 59.6 mil in 2016 and a low of CZK -1.18 mil in 2018. The result impli...
By Helgi Library - September 18, 2020
BENET Automotive made a net profit of CZK -1.18 mil in 2018, down 112% compared to the previous year. Historically, between 2010 and 2018, the company's net profit reached a high of CZK 59.6 mil in 2016 and a low of CZK -1.18 mil in 2018. The result impli...
By Helgi Library - September 20, 2020
BENET Automotive's net debt stood at CZK 106 mil and accounted for 59.0% of equity at the end of 2018. The ratio is down 7.13 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 1,006% in 2013 and a low...
By Helgi Library - September 20, 2020
BENET Automotive's net debt stood at CZK 106 mil and accounted for 59.0% of equity at the end of 2018. The ratio is down 7.13 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 1,006% in 2013 and a low...
Benet Automotive is an automotive composite and component supplier in the Czech Republic. The company uses injection moulding PUR RIP (Rapid Injection Moulding) technology, slow and fast injection of PUR and injection of thermoplastics (PP, ABS, PA, etc.) and provides painting of parts in both automatic and manual applications in a single layer and three-layer concept. The company was established in 2000 and is based in Mlada Boleslav, the Czech Republic.
BENET Automotive has been growing its sales by 12.3% a year on average in the last 5 years. EBITDA has grown on average by 2.46% a year during that time to total of CZK 34.7 mil in 2018, or 3.63% of sales. That’s compared to 8.91% average margin seen in last five years.
The company netted CZK -1.18 mil in 2018 implying ROE of -0.652% and ROCE of -0.213%. Again, the average figures were 27.9% and 4.78%, respectively when looking at the previous 5 years.
BENET Automotive’s net debt amounted to CZK 106 mil at the end of 2018, or 59.0% of equity. When compared to EBITDA, net debt was 3.05x, up when compared to average of 2.78x seen in the last 5 years.
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