By Helgi Library - March 24, 2025
Czech Manufacturing Sector made a net profit of CZK 265,013 mil in 2023, down 1.95% compared to the previous year. Total sales reach...
By Helgi Library - March 24, 2025
Czech Manufacturing Sector employed 1,078,541 employees in 2023, down 1.49% compared to the previous year. Historically, bet...
By Helgi Library - March 25, 2025
Czech Manufacturing Sector invested a total of CZK 295,566 mil in 2023, up 16.5% compared to the previous year. Historically...
| Profit Statement | 2021 | 2022 | 2023 | |
| Sales | CZK mil | 4,817,584 | 5,565,553 | 5,669,187 |
| Gross Profit | CZK mil | 845,307 | 891,340 | 920,236 |
| EBITDA | CZK mil | 542,028 | 565,413 | 593,683 |
| EBIT | CZK mil | 348,465 | 366,346 | 384,664 |
| Financing Cost | CZK mil | 19,127 | 31,261 | 32,824 |
| Pre-Tax Profit | CZK mil | 329,338 | 335,085 | 351,840 |
| Net Profit | CZK mil | 273,068 | 270,276 | 265,013 |
| Dividends | CZK mil | 162,984 | 139,530 | ... |
| Balance Sheet | 2021 | 2022 | 2023 | |
| Total Assets | CZK mil | 3,968,794 | 4,237,960 | 4,352,180 |
| Non-Current Assets | CZK mil | 1,717,320 | 1,771,944 | 1,858,490 |
| Current Assets | CZK mil | 2,201,742 | 2,413,441 | 2,440,575 |
| Working Capital | CZK mil | 697,351 | 786,798 | 779,217 |
| Shareholders' Equity | CZK mil | 1,975,026 | 2,082,317 | 2,207,800 |
| Liabilities | CZK mil | 1,993,768 | 2,155,642 | 2,144,380 |
| Total Debt | CZK mil | 314,269 | 323,562 | 305,783 |
| Net Debt | CZK mil | -250,037 | -220,347 | -298,835 |
| Ratios | 2021 | 2022 | 2023 | |
| ROE | % | 14.2 | 13.3 | 12.4 |
| ROCE | % | 11.6 | 10.9 | 10.2 |
| Gross Margin | % | 17.5 | 16.0 | 16.2 |
| EBITDA Margin | % | 11.3 | 10.2 | 10.5 |
| EBIT Margin | % | 7.23 | 6.58 | 6.79 |
| Net Margin | % | 5.67 | 4.86 | 4.67 |
| Net Debt/EBITDA | -0.461 | -0.390 | -0.503 | |
| Net Debt/Equity | % | -12.7 | -10.6 | -13.5 |
| Cost of Financing | % | 6.11 | 9.80 | 10.4 |
| Cash Flow | 2021 | 2022 | 2023 | |
| Total Cash From Operations | CZK mil | 383,182 | 392,782 | 497,174 |
| Total Cash From Investing | CZK mil | -221,787 | -253,690 | -295,566 |
| Total Cash From Financing | CZK mil | -165,860 | -153,691 | -157,310 |
| Net Change In Cash | CZK mil | -4,465 | -14,599 | 44,299 |
| Cash Conversion Cycle | days | 47.1 | 47.1 | 45.1 |
| Cash Earnings | CZK mil | 466,631 | 469,342 | 474,032 |
| Free Cash Flow | CZK mil | 161,394 | 139,092 | 201,608 |
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 | 4,386,790 | 4,561,940 | 4,625,934 | 4,253,311 | 4,817,584 | |||||||||||
| Gross Profit | CZK mil | 742,714 | 775,445 | 762,119 | 703,574 | 845,307 | |||||||||||
| EBIT | CZK mil | 328,430 | 311,888 | 305,920 | 239,115 | 348,465 | |||||||||||
| Net Profit | CZK mil | ... | 257,082 | 241,407 | 232,144 | 177,625 | 273,068 | ||||||||||
| ROE | % | 15.2 | 13.6 | 12.6 | 9.49 | 14.2 | |||||||||||
| EBIT Margin | % | 7.49 | 6.84 | 6.61 | 5.62 | 7.23 | |||||||||||
| Net Margin | % | 5.86 | 5.29 | 5.02 | 4.18 | 5.67 | |||||||||||
| Employees | 1,149,645 | 1,156,208 | 1,139,981 | 1,098,532 | 1,095,234 | ||||||||||||
| balance sheet | |||||||||||||||||
| Total Assets | CZK mil | 3,425,193 | 3,593,378 | 3,683,514 | 3,716,323 | 3,968,794 | |||||||||||
| Non-Current Assets | CZK mil | 1,509,568 | 1,629,260 | 1,690,440 | 1,689,095 | 1,717,320 | |||||||||||
| Current Assets | CZK mil | 1,878,181 | 1,920,711 | 1,946,302 | 1,980,586 | 2,201,742 | |||||||||||
| Shareholders' Equity | CZK mil | 1,724,927 | 1,817,515 | 1,872,057 | 1,870,672 | 1,975,026 | |||||||||||
| Liabilities | CZK mil | 1,700,267 | 1,775,864 | 1,811,456 | 1,845,650 | 1,993,768 | |||||||||||
| Non-Current Liabilities | CZK mil | 354,285 | 376,203 | 377,019 | 378,813 | 396,218 | |||||||||||
| Current Liabilities | CZK mil | 1,204,630 | 1,255,244 | 1,279,328 | 1,304,991 | 1,427,798 | |||||||||||
| Net Debt/EBITDA | -0.422 | -0.420 | -0.455 | -0.598 | -0.461 | ||||||||||||
| Net Debt/Equity | % | -12.0 | -11.2 | -11.8 | -13.6 | -12.7 | |||||||||||
| Cost of Financing | % | 5.30 | 6.33 | 6.95 | 5.82 | 6.11 | |||||||||||
| cash flow | |||||||||||||||||
| Total Cash From Operations | CZK mil | ... | 461,556 | 400,643 | 441,460 | 402,053 | 383,182 | ||||||||||
| Total Cash From Investing | CZK mil | ... | -239,422 | -290,411 | -240,902 | -184,498 | -221,787 | ||||||||||
| Total Cash From Financing | CZK mil | ... | -221,011 | -116,115 | -175,620 | -175,087 | -165,860 | ||||||||||
| Net Change In Cash | CZK mil | ... | 1,124 | -5,883 | 24,937 | 42,468 | -4,465 |
| income statement | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| income statement | |||||||||||||||||
| Sales | CZK mil | 4,386,790 | 4,561,940 | 4,625,934 | 4,253,311 | 4,817,584 | |||||||||||
| Cost of Goods & Services | CZK mil | 3,644,076 | 3,786,495 | 3,863,816 | 3,549,737 | 3,972,278 | |||||||||||
| Gross Profit | CZK mil | 742,714 | 775,445 | 762,119 | 703,574 | 845,307 | |||||||||||
| Staff Cost | CZK mil | 571,557 | 620,689 | 654,378 | 638,678 | 679,547 | |||||||||||
| Other Operating Cost (Income) | CZK mil | -318,609 | -327,852 | -377,902 | -360,061 | -376,269 | |||||||||||
| EBITDA | CZK mil | 489,766 | 482,608 | 485,642 | 424,957 | 542,028 | |||||||||||
| Depreciation | CZK mil | ... | 161,336 | 170,720 | 179,722 | 185,842 | 193,563 | ||||||||||
| EBIT | CZK mil | 328,430 | 311,888 | 305,920 | 239,115 | 348,465 | |||||||||||
| Net Financing Cost | CZK mil | 15,179 | 18,290 | 21,313 | 18,010 | 19,127 | |||||||||||
| Financing Cost | CZK mil | 15,179 | 18,290 | 21,313 | 18,010 | 19,127 | |||||||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | CZK mil | 313,251 | 293,598 | 284,606 | 221,105 | 329,338 | |||||||||||
| Tax | CZK mil | 56,169 | 52,191 | 52,463 | 43,480 | 56,270 | |||||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Net Profit | CZK mil | ... | 257,082 | 241,407 | 232,144 | 177,625 | 273,068 | ||||||||||
| Net Profit Avail. to Common | CZK mil | 257,082 | 241,407 | 232,144 | 177,625 | 273,068 | |||||||||||
| Dividends | CZK mil | 148,820 | 177,601 | 179,010 | 168,714 | 162,984 | ... | ||||||||||
| growth rates | |||||||||||||||||
| Total Revenue Growth | % | ... | 7.64 | 3.99 | 1.40 | -8.06 | 13.3 | ||||||||||
| Staff Cost Growth | % | ... | 9.43 | 8.60 | 5.43 | -2.40 | 6.40 | ||||||||||
| EBITDA Growth | % | ... | 4.68 | -1.46 | 0.629 | -12.5 | 27.5 | ||||||||||
| EBIT Growth | % | ... | 4.30 | -5.04 | -1.91 | -21.8 | 45.7 | ||||||||||
| Pre-Tax Profit Growth | % | ... | 4.60 | -6.27 | -3.06 | -22.3 | 49.0 | ||||||||||
| Net Profit Growth | % | ... | 4.37 | -6.10 | -3.84 | -23.5 | 53.7 | ||||||||||
| ratios | |||||||||||||||||
| ROE | % | 15.2 | 13.6 | 12.6 | 9.49 | 14.2 | |||||||||||
| ROA | % | 7.72 | 6.88 | 6.38 | 4.80 | 7.11 | |||||||||||
| ROCE | % | 12.3 | 11.0 | 10.1 | 7.71 | 11.6 | |||||||||||
| Gross Margin | % | 16.9 | 17.0 | 16.5 | 16.5 | 17.5 | |||||||||||
| EBITDA Margin | % | 11.2 | 10.6 | 10.5 | 9.99 | 11.3 | |||||||||||
| EBIT Margin | % | 7.49 | 6.84 | 6.61 | 5.62 | 7.23 | |||||||||||
| Net Margin | % | 5.86 | 5.29 | 5.02 | 4.18 | 5.67 | |||||||||||
| Payout Ratio | % | 57.9 | 73.6 | 77.1 | 95.0 | 59.7 | ... | ||||||||||
| Cost of Financing | % | 5.30 | 6.33 | 6.95 | 5.82 | 6.11 | |||||||||||
| Net Debt/EBITDA | -0.422 | -0.420 | -0.455 | -0.598 | -0.461 |
| 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 | 309,600 | 303,717 | 328,654 | 371,122 | 366,657 | |||||||||||
| Receivables | CZK mil | 1,004,894 | 998,717 | 986,810 | 986,514 | 1,052,062 | |||||||||||
| Inventories | CZK mil | 552,812 | 608,081 | 624,885 | 615,475 | 767,453 | |||||||||||
| Other ST Assets | CZK mil | 10,875 | 10,196 | 5,953 | 7,474 | 15,570 | |||||||||||
| Current Assets | CZK mil | 1,878,181 | 1,920,711 | 1,946,302 | 1,980,586 | 2,201,742 | |||||||||||
| Property, Plant & Equipment | CZK mil | 1,279,663 | 1,354,666 | 1,411,416 | 1,414,858 | 1,428,046 | |||||||||||
| LT Investments & Receivables | CZK mil | 169,755 | 204,718 | 199,859 | 194,555 | 197,649 | |||||||||||
| Intangible Assets | CZK mil | 60,150 | 69,876 | 79,165 | 79,682 | 91,625 | |||||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Non-Current Assets | CZK mil | 1,509,568 | 1,629,260 | 1,690,440 | 1,689,095 | 1,717,320 | |||||||||||
| Total Assets | CZK mil | 3,425,193 | 3,593,378 | 3,683,514 | 3,716,323 | 3,968,794 | |||||||||||
| Trade Payables | CZK mil | 943,958 | 960,981 | 983,848 | 1,002,786 | 1,122,164 | |||||||||||
| Short-Term Debt | CZK mil | 260,672 | 294,263 | 295,480 | 302,204 | 305,634 | |||||||||||
| Other ST Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Current Liabilities | CZK mil | 1,204,630 | 1,255,244 | 1,279,328 | 1,304,991 | 1,427,798 | |||||||||||
| Long-Term Debt | CZK mil | 12,133 | 11,247 | 12,011 | 9,210 | 8,635 | |||||||||||
| Other LT Liabilities | CZK mil | 342,151 | 364,957 | 365,008 | 369,602 | 387,583 | |||||||||||
| Non-Current Liabilities | CZK mil | 354,285 | 376,203 | 377,019 | 378,813 | 396,218 | |||||||||||
| Liabilities | CZK mil | 1,700,267 | 1,775,864 | 1,811,456 | 1,845,650 | 1,993,768 | |||||||||||
| Equity Before Minority Interest | CZK mil | 1,724,927 | 1,817,515 | 1,872,057 | 1,870,672 | 1,975,026 | |||||||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ... | ||||||||||
| Equity | CZK mil | 1,724,927 | 1,817,515 | 1,872,057 | 1,870,672 | 1,975,026 | |||||||||||
| growth rates | |||||||||||||||||
| Total Asset Growth | % | ... | 5.85 | 4.91 | 2.51 | 0.891 | 6.79 | ||||||||||
| Shareholders' Equity Growth | % | ... | 3.78 | 5.37 | 3.00 | -0.074 | 5.58 | ||||||||||
| Net Debt Growth | % | ... | 18.8 | -1.75 | 8.92 | 15.0 | -1.66 | ||||||||||
| Total Debt Growth | % | ... | -8.94 | 12.0 | 0.648 | 1.28 | 0.917 | ||||||||||
| ratios | |||||||||||||||||
| Total Debt | CZK mil | 272,805 | 305,510 | 307,491 | 311,415 | 314,269 | |||||||||||
| Net Debt | CZK mil | -206,549 | -202,925 | -221,021 | -254,263 | -250,037 | |||||||||||
| Working Capital | CZK mil | 613,748 | 645,817 | 627,847 | 599,203 | 697,351 | |||||||||||
| Capital Employed | CZK mil | 2,123,316 | 2,275,077 | 2,318,287 | 2,288,299 | 2,414,671 | |||||||||||
| Net Debt/Equity | % | -12.0 | -11.2 | -11.8 | -13.6 | -12.7 | |||||||||||
| Current Ratio | 1.56 | 1.53 | 1.52 | 1.52 | 1.54 | ||||||||||||
| Quick Ratio | 1.09 | 1.04 | 1.03 | 1.04 | 0.994 |
| 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 | ... | 257,082 | 241,407 | 232,144 | 177,625 | 273,068 | ||||||||||
| Depreciation | CZK mil | ... | 161,336 | 170,720 | 179,722 | 185,842 | 193,563 | ||||||||||
| Non-Cash Items | CZK mil | ... | 32,714 | 20,584 | 11,624 | 9,942 | 14,698 | ||||||||||
| Change in Working Capital | CZK mil | ... | 10,424 | -32,069 | 17,970 | 28,644 | -98,147 | ||||||||||
| Total Cash From Operations | CZK mil | ... | 461,556 | 400,643 | 441,460 | 402,053 | 383,182 | ||||||||||
| Capital Expenditures | CZK mil | ... | -239,422 | -290,411 | -240,902 | -184,498 | -221,787 | ||||||||||
| Total Cash From Investing | CZK mil | ... | -239,422 | -290,411 | -240,902 | -184,498 | -221,787 | ||||||||||
| Dividends Paid | CZK mil | ... | -194,236 | -148,820 | -177,601 | -179,010 | -168,714 | ||||||||||
| Issuance Of Shares | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Issuance Of Debt | CZK mil | ... | -26,774 | 32,705 | 1,981 | 3,923 | 2,855 | ||||||||||
| Total Cash From Financing | CZK mil | ... | -221,011 | -116,115 | -175,620 | -175,087 | -165,860 | ||||||||||
| Net Change In Cash | CZK mil | ... | 1,124 | -5,883 | 24,937 | 42,468 | -4,465 | ||||||||||
| ratios | |||||||||||||||||
| Days Sales Outstanding | days | 83.6 | 79.9 | 77.9 | 84.7 | 79.7 | |||||||||||
| Days Sales Of Inventory | days | 55.4 | 58.6 | 59.0 | 63.3 | 70.5 | |||||||||||
| Days Payable Outstanding | days | 94.5 | 92.6 | 92.9 | 103 | 103 | |||||||||||
| Cash Conversion Cycle | days | 44.4 | 45.9 | 44.0 | 44.8 | 47.1 | |||||||||||
| Cash Earnings | CZK mil | 418,418 | 412,127 | 411,866 | 363,467 | 466,631 | |||||||||||
| Free Cash Flow | CZK mil | ... | 222,135 | 110,231 | 200,557 | 217,555 | 161,394 | ||||||||||
| Capital Expenditures (As % of Sales) | % | ... | 5.46 | 6.37 | 5.21 | 4.34 | 4.60 |
| other ratios | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Employees | 1,149,645 | 1,156,208 | 1,139,981 | 1,098,532 | 1,095,234 | ||||||||||||
| Cost Per Employee | USD per month | 1,766 | 2,045 | 2,122 | 2,202 | 2,386 | |||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 41,430 | 44,736 | 47,835 | 48,449 | 51,705 | |||||||||||
| Staff Cost (As % of Sales) | % | 13.0 | 13.6 | 14.1 | 15.0 | 14.1 | |||||||||||
| Effective Tax Rate | % | 17.9 | 17.8 | 18.4 | 19.7 | 17.1 | |||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 4.80 | 5.46 | 3.55 | 1.15 | 3.40 | ||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.16 | 5.25 | 3.09 | 3.55 |
Get all company financials in excel:
By Helgi Library - March 24, 2025
Czech Manufacturing Sector's net debt stood at CZK -298,835 mil and accounted for -13.5% of equity at the end of 2023. The ratio is down 2.95 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 0.991% in 20...
By Helgi Library - March 24, 2025
Czech Manufacturing Sector made a net profit of CZK 265,013 mil in 2023, down 1.95% compared to the previous year. Historically, between 2009 and 2023, the company's net profit reached a high of CZK 273,068 mil in 2021 and a low of CZK 90,627 mil in 2009. ...
By Helgi Library - March 24, 2025
Czech Manufacturing Sector made a net profit of CZK 265,013 mil with revenues of CZK 5,669,187 mil in 2023, down by 1.95% and up by 1.86%, respectively, compared to the previous year. This translates into a net margin of 4.67%. Historically, between 200...
Czech Manufacturing Sector has been growing its sales by 4.44% a year on average in the last 5 years. EBITDA has grown on average by 4.23% a year during that time to total of CZK 593,683 mil in 2023, or 10.5% of sales. That’s compared to 10.5% average margin seen in last five years.
The company netted CZK 265,013 mil in 2023 implying ROE of 12.4% and ROCE of 10.2%. Again, the average figures were 12.4% and 10.1%, respectively when looking at the previous 5 years.
Czech Manufacturing Sector’s net debt amounted to CZK -298,835 mil at the end of 2023, or -13.5% of equity. When compared to EBITDA, net debt was -0.503x, down when compared to average of -0.482x seen in the last 5 years.
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