By Helgi Library - March 24, 2025
Czech Automotive Sector made a net profit of CZK 43,685 mil in 2023, up 37.6% compared to the previous year. Total sales reached CZK...
By Helgi Library - March 24, 2025
Czech Automotive Sector employed 47,302 employees in 2023, down 0.784% compared to the previous year. Historically, between ...
By Helgi Library - March 24, 2025
Czech Automotive Sector made a net profit of CZK 43,685 mil in 2023, up 37.6% compared to the previous year. Historically, betwe...
| Profit Statement | 2021 | 2022 | 2023 | |
| Sales | CZK mil | 622,309 | 709,216 | 896,978 |
| Gross Profit | CZK mil | 111,863 | 111,457 | 142,264 |
| EBITDA | CZK mil | 66,858 | 64,772 | 68,011 |
| EBIT | CZK mil | 40,377 | 39,114 | 41,070 |
| Financing Cost | CZK mil | 120 | 356 | 374 |
| Pre-Tax Profit | CZK mil | 40,257 | 38,758 | 40,696 |
| Net Profit | CZK mil | 33,280 | 31,743 | 43,685 |
| Dividends | CZK mil | 33,407 | 24,887 | ... |
| Balance Sheet | 2021 | 2022 | 2023 | |
| Total Assets | CZK mil | 326,477 | 336,473 | 363,496 |
| Non-Current Assets | CZK mil | 136,253 | 150,292 | 165,271 |
| Current Assets | CZK mil | 188,172 | 182,711 | 194,390 |
| Working Capital | CZK mil | 53,189 | 38,213 | 32,886 |
| Shareholders' Equity | CZK mil | 147,072 | 145,408 | 164,206 |
| Liabilities | CZK mil | 179,405 | 191,065 | 199,289 |
| Total Debt | CZK mil | 14,021 | 8,359 | 6,756 |
| Net Debt | CZK mil | -38,780 | -36,561 | -45,809 |
| Ratios | 2021 | 2022 | 2023 | |
| ROE | % | 23.5 | 21.7 | 28.2 |
| ROCE | % | 17.9 | 16.8 | 22.6 |
| Gross Margin | % | 18.0 | 15.7 | 15.9 |
| EBITDA Margin | % | 10.7 | 9.13 | 7.58 |
| EBIT Margin | % | 6.49 | 5.52 | 4.58 |
| Net Margin | % | 5.35 | 4.48 | 4.87 |
| Net Debt/EBITDA | -0.580 | -0.564 | -0.674 | |
| Net Debt/Equity | % | -26.4 | -25.1 | -27.9 |
| Cost of Financing | % | 0.872 | 3.18 | 4.95 |
| Cash Flow | 2021 | 2022 | 2023 | |
| Total Cash From Operations | CZK mil | -8,837 | 18,795 | 22,353 |
| Total Cash From Investing | CZK mil | 28,447 | 11,619 | 11,962 |
| Total Cash From Financing | CZK mil | -21,189 | -39,069 | -26,490 |
| Net Change In Cash | CZK mil | -1,579 | -8,655 | 7,824 |
| Cash Conversion Cycle | days | 24.8 | 14.1 | 7.77 |
| Cash Earnings | CZK mil | 59,761 | 57,401 | 70,626 |
| Free Cash Flow | CZK mil | 19,610 | 30,414 | 34,315 |
Get all company financials in excel:
| overview | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| income statement | |||||||||||||||||
| Sales | CZK mil | 612,018 | 615,682 | 658,670 | 599,858 | 622,309 | |||||||||||
| Gross Profit | CZK mil | 107,461 | 97,849 | 109,587 | 98,944 | 111,863 | |||||||||||
| EBIT | CZK mil | 52,461 | 40,222 | 45,629 | 23,728 | 40,377 | |||||||||||
| Net Profit | CZK mil | ... | 42,643 | 32,438 | 36,474 | 19,836 | 33,280 | ||||||||||
| ROE | % | 25.0 | 20.3 | 24.3 | 14.1 | 23.5 | |||||||||||
| EBIT Margin | % | 8.57 | 6.53 | 6.93 | 3.96 | 6.49 | |||||||||||
| Net Margin | % | 6.97 | 5.27 | 5.54 | 3.31 | 5.35 | |||||||||||
| Employees | 39,643 | 42,645 | 44,785 | 45,835 | 48,009 | ||||||||||||
| balance sheet | |||||||||||||||||
| Total Assets | CZK mil | 343,743 | 308,348 | 317,384 | 316,652 | 326,477 | |||||||||||
| Non-Current Assets | CZK mil | 121,155 | 125,646 | 135,988 | 138,220 | 136,253 | |||||||||||
| Current Assets | CZK mil | 221,018 | 180,902 | 180,106 | 177,355 | 188,172 | |||||||||||
| Shareholders' Equity | CZK mil | 165,719 | 154,190 | 146,565 | 135,586 | 147,072 | |||||||||||
| Liabilities | CZK mil | 178,024 | 154,159 | 170,818 | 181,066 | 179,405 | |||||||||||
| Non-Current Liabilities | CZK mil | 12,417 | 12,239 | 11,601 | 12,652 | 6,674 | |||||||||||
| Current Liabilities | CZK mil | 112,604 | 87,198 | 97,139 | 104,005 | 108,318 | |||||||||||
| Net Debt/EBITDA | -0.746 | -0.704 | -0.708 | -0.845 | -0.580 | ||||||||||||
| Net Debt/Equity | % | -32.5 | -28.2 | -33.3 | -30.0 | -26.4 | |||||||||||
| Cost of Financing | % | 0.749 | 1.06 | 0.980 | 0.871 | 0.872 | |||||||||||
| cash flow | |||||||||||||||||
| Total Cash From Operations | CZK mil | ... | 25,585 | 16,163 | 39,074 | 387 | -8,837 | ||||||||||
| Total Cash From Investing | CZK mil | ... | 15,524 | 17,124 | 13,013 | 22,239 | 28,447 | ||||||||||
| Total Cash From Financing | CZK mil | ... | -52,186 | -43,899 | -44,946 | -29,976 | -21,189 | ||||||||||
| Net Change In Cash | CZK mil | ... | -11,077 | -10,612 | 7,141 | -7,350 | -1,579 |
| income statement | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| income statement | |||||||||||||||||
| Sales | CZK mil | 612,018 | 615,682 | 658,670 | 599,858 | 622,309 | |||||||||||
| Cost of Goods & Services | CZK mil | 504,557 | 517,833 | 549,083 | 500,913 | 510,446 | |||||||||||
| Gross Profit | CZK mil | 107,461 | 97,849 | 109,587 | 98,944 | 111,863 | |||||||||||
| Staff Cost | CZK mil | 31,844 | 37,069 | 42,414 | 42,880 | 47,557 | |||||||||||
| Other Operating Cost (Income) | CZK mil | 3,416 | -1,058 | -1,810 | 7,865 | -2,551 | |||||||||||
| EBITDA | CZK mil | 72,202 | 61,838 | 68,983 | 48,199 | 66,858 | |||||||||||
| Depreciation | CZK mil | ... | 19,741 | 21,616 | 23,354 | 24,471 | 26,481 | ||||||||||
| EBIT | CZK mil | 52,461 | 40,222 | 45,629 | 23,728 | 40,377 | |||||||||||
| Net Financing Cost | CZK mil | 101 | 142 | 127 | 113 | 120 | |||||||||||
| Financing Cost | CZK mil | 101 | 142 | 127 | 113 | 120 | |||||||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | CZK mil | 52,359 | 40,080 | 45,502 | 23,615 | 40,257 | |||||||||||
| Tax | CZK mil | 9,717 | 7,642 | 9,027 | 3,779 | 6,978 | |||||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Net Profit | CZK mil | ... | 42,643 | 32,438 | 36,474 | 19,836 | 33,280 | ||||||||||
| Net Profit Avail. to Common | CZK mil | 42,643 | 32,438 | 36,474 | 19,836 | 33,280 | |||||||||||
| Dividends | CZK mil | 43,968 | 44,098 | 30,815 | 21,793 | 33,407 | ... | ||||||||||
| growth rates | |||||||||||||||||
| Total Revenue Growth | % | ... | 10.2 | 0.599 | 6.98 | -8.93 | 3.74 | ||||||||||
| Staff Cost Growth | % | ... | 18.5 | 16.4 | 14.4 | 1.10 | 10.9 | ||||||||||
| EBITDA Growth | % | ... | 7.31 | -14.4 | 11.6 | -30.1 | 38.7 | ||||||||||
| EBIT Growth | % | ... | 10.3 | -23.3 | 13.4 | -48.0 | 70.2 | ||||||||||
| Pre-Tax Profit Growth | % | ... | 10.4 | -23.5 | 13.5 | -48.1 | 70.5 | ||||||||||
| Net Profit Growth | % | ... | 13.4 | -23.9 | 12.4 | -45.6 | 67.8 | ||||||||||
| ratios | |||||||||||||||||
| ROE | % | 25.0 | 20.3 | 24.3 | 14.1 | 23.5 | |||||||||||
| ROA | % | 13.0 | 9.95 | 11.7 | 6.26 | 10.3 | |||||||||||
| ROCE | % | 22.7 | 17.0 | 19.6 | 10.9 | 17.9 | |||||||||||
| Gross Margin | % | 17.6 | 15.9 | 16.6 | 16.5 | 18.0 | |||||||||||
| EBITDA Margin | % | 11.8 | 10.0 | 10.5 | 8.04 | 10.7 | |||||||||||
| EBIT Margin | % | 8.57 | 6.53 | 6.93 | 3.96 | 6.49 | |||||||||||
| Net Margin | % | 6.97 | 5.27 | 5.54 | 3.31 | 5.35 | |||||||||||
| Payout Ratio | % | 103 | 136 | 84.5 | 110 | 100 | ... | ||||||||||
| Cost of Financing | % | 0.749 | 1.06 | 0.980 | 0.871 | 0.872 | |||||||||||
| Net Debt/EBITDA | -0.746 | -0.704 | -0.708 | -0.845 | -0.580 |
| balance sheet | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| balance sheet | |||||||||||||||||
| Cash & Cash Equivalents | CZK mil | 52,685 | 42,073 | 49,214 | 41,864 | 40,285 | |||||||||||
| Receivables | CZK mil | 145,556 | 112,708 | 99,346 | 104,444 | 102,986 | |||||||||||
| Inventories | CZK mil | 22,677 | 26,060 | 30,388 | 30,935 | 44,507 | |||||||||||
| Other ST Assets | CZK mil | 99.6 | 61.4 | 1,158 | 113 | 395 | |||||||||||
| Current Assets | CZK mil | 221,018 | 180,902 | 180,106 | 177,355 | 188,172 | |||||||||||
| Property, Plant & Equipment | CZK mil | 98,931 | 102,226 | 113,088 | 114,397 | 108,414 | |||||||||||
| LT Investments & Receivables | CZK mil | 14,539 | 14,876 | 12,206 | 12,272 | 12,517 | |||||||||||
| Intangible Assets | CZK mil | 7,685 | 8,545 | 10,693 | 11,551 | 15,322 | |||||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Non-Current Assets | CZK mil | 121,155 | 125,646 | 135,988 | 138,220 | 136,253 | |||||||||||
| Total Assets | CZK mil | 343,743 | 308,348 | 317,384 | 316,652 | 326,477 | |||||||||||
| Trade Payables | CZK mil | 99,248 | 73,873 | 84,663 | 90,588 | 94,304 | |||||||||||
| Short-Term Debt | CZK mil | 13,356 | 13,325 | 12,476 | 13,416 | 14,014 | |||||||||||
| Other ST Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Current Liabilities | CZK mil | 112,604 | 87,198 | 97,139 | 104,005 | 108,318 | |||||||||||
| Long-Term Debt | CZK mil | 0.046 | 100 | 102 | 0.796 | 6.95 | |||||||||||
| Other LT Liabilities | CZK mil | 12,417 | 12,139 | 11,500 | 12,651 | 6,667 | |||||||||||
| Non-Current Liabilities | CZK mil | 12,417 | 12,239 | 11,601 | 12,652 | 6,674 | |||||||||||
| Liabilities | CZK mil | 178,024 | 154,159 | 170,818 | 181,066 | 179,405 | |||||||||||
| Equity Before Minority Interest | CZK mil | 165,719 | 154,190 | 146,565 | 135,586 | 147,072 | |||||||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ... | ||||||||||
| Equity | CZK mil | 165,719 | 154,190 | 146,565 | 135,586 | 147,072 | |||||||||||
| growth rates | |||||||||||||||||
| Total Asset Growth | % | ... | 10.2 | -10.3 | 2.93 | -0.231 | 3.10 | ||||||||||
| Shareholders' Equity Growth | % | ... | -5.25 | -6.96 | -4.94 | -7.49 | 8.47 | ||||||||||
| Net Debt Growth | % | ... | -16.7 | -19.2 | 12.2 | -16.6 | -4.76 | ||||||||||
| Total Debt Growth | % | ... | -2.66 | 0.517 | -6.31 | 6.67 | 4.50 | ||||||||||
| ratios | |||||||||||||||||
| Total Debt | CZK mil | 13,356 | 13,425 | 12,578 | 13,417 | 14,021 | |||||||||||
| Net Debt | CZK mil | -53,867 | -43,523 | -48,842 | -40,718 | -38,780 | |||||||||||
| Working Capital | CZK mil | 68,986 | 64,896 | 45,071 | 44,790 | 53,189 | |||||||||||
| Capital Employed | CZK mil | 190,141 | 190,542 | 181,058 | 183,010 | 189,443 | |||||||||||
| Net Debt/Equity | % | -32.5 | -28.2 | -33.3 | -30.0 | -26.4 | |||||||||||
| Current Ratio | 1.96 | 2.07 | 1.85 | 1.71 | 1.74 | ||||||||||||
| Quick Ratio | 1.76 | 1.78 | 1.53 | 1.41 | 1.32 |
| cash flow | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| cash flow | |||||||||||||||||
| Net Profit | CZK mil | ... | 42,643 | 32,438 | 36,474 | 19,836 | 33,280 | ||||||||||
| Depreciation | CZK mil | ... | 19,741 | 21,616 | 23,354 | 24,471 | 26,481 | ||||||||||
| Non-Cash Items | CZK mil | ... | -36,706 | -41,982 | -40,579 | -44,201 | -60,199 | ||||||||||
| Change in Working Capital | CZK mil | ... | -93.1 | 4,090 | 19,825 | 280 | -8,399 | ||||||||||
| Total Cash From Operations | CZK mil | ... | 25,585 | 16,163 | 39,074 | 387 | -8,837 | ||||||||||
| Capital Expenditures | CZK mil | ... | 15,524 | 17,124 | 13,013 | 22,239 | 28,447 | ||||||||||
| Total Cash From Investing | CZK mil | ... | 15,524 | 17,124 | 13,013 | 22,239 | 28,447 | ||||||||||
| Dividends Paid | CZK mil | ... | -51,821 | -43,968 | -44,098 | -30,815 | -21,793 | ||||||||||
| Issuance Of Shares | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Issuance Of Debt | CZK mil | ... | -364 | 69.0 | -847 | 839 | 604 | ||||||||||
| Total Cash From Financing | CZK mil | ... | -52,186 | -43,899 | -44,946 | -29,976 | -21,189 | ||||||||||
| Net Change In Cash | CZK mil | ... | -11,077 | -10,612 | 7,141 | -7,350 | -1,579 | ||||||||||
| ratios | |||||||||||||||||
| Days Sales Outstanding | days | 86.8 | 66.8 | 55.1 | 63.6 | 60.4 | |||||||||||
| Days Sales Of Inventory | days | 16.4 | 18.4 | 20.2 | 22.5 | 31.8 | |||||||||||
| Days Payable Outstanding | days | 71.8 | 52.1 | 56.3 | 66.0 | 67.4 | |||||||||||
| Cash Conversion Cycle | days | 31.4 | 33.1 | 19.0 | 20.1 | 24.8 | |||||||||||
| Cash Earnings | CZK mil | 62,384 | 54,054 | 59,828 | 44,307 | 59,761 | |||||||||||
| Free Cash Flow | CZK mil | ... | 41,108 | 33,287 | 52,087 | 22,626 | 19,610 | ||||||||||
| Capital Expenditures (As % of Sales) | % | ... | -2.54 | -2.78 | -1.98 | -3.71 | -4.57 |
| other ratios | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Employees | 39,643 | 42,645 | 44,785 | 45,835 | 48,009 | ||||||||||||
| Cost Per Employee | USD per month | 2,853 | 3,311 | 3,501 | 3,543 | 3,810 | |||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 66,938 | 72,438 | 78,921 | 77,961 | 82,549 | |||||||||||
| Staff Cost (As % of Sales) | % | 5.20 | 6.02 | 6.44 | 7.15 | 7.64 | |||||||||||
| Effective Tax Rate | % | 18.6 | 19.1 | 19.8 | 16.0 | 17.3 | |||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 10.0 | 9.63 | 7.17 | 3.38 | 2.31 | ||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.94 | 9.35 | 6.66 | 5.71 |
Get all company financials in excel:
By Helgi Library - March 24, 2025
Czech Automotive Sector's net debt stood at CZK -45,809 mil and accounted for -27.9% of equity at the end of 2023. The ratio is down 2.75 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 20.7% in 2008 an...
By Helgi Library - March 24, 2025
Czech Automotive Sector invested a total of CZK -11,962 mil in 2023, down 2.95% compared to the previous year. Historically, between 2009 - 2023, the company's investments stood at a high of CZK -876 mil in 2012 and a low of CZK -28,447 mil ...
By Helgi Library - March 24, 2025
Czech Automotive Sector made a net profit of CZK 43,685 mil with revenues of CZK 896,978 mil in 2023, up by 37.6% and up by 26.5%, respectively, compared to the previous year. This translates into a net margin of 4.87%. Historically, between 2008 and 20...
Czech Automotive Sector has been growing its sales by 7.82% a year on average in the last 5 years. EBITDA has grown on average by 1.92% a year during that time to total of CZK 68,011 mil in 2023, or 7.58% of sales. That’s compared to 9.19% average margin seen in last five years.
The company netted CZK 43,685 mil in 2023 implying ROE of 28.2% and ROCE of 22.6%. Again, the average figures were 22.4% and 17.6%, respectively when looking at the previous 5 years.
Czech Automotive Sector’s net debt amounted to CZK -45,809 mil at the end of 2023, or -27.9% of equity. When compared to EBITDA, net debt was -0.674x, up when compared to average of -0.674x seen in the last 5 years.
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