By Helgi Library - September 18, 2020
Letoplast made a net profit of CZK 51.9 mil with revenues of CZK 504 mil in 2018, down by 10.3% and down by 3.3%, res...
By Helgi Library - September 18, 2020
Letoplast made a net profit of CZK 51.9 mil with revenues of CZK 504 mil in 2018, down by 10.3% and down by 3.3%, res...
By Helgi Library - September 18, 2020
Letoplast employed 231 employees in 2018, down 7.97% compared to the previous year. Historically, between 2012 and 2018...
| Profit Statement | 2016 | 2017 | 2018 | |
| Sales | CZK mil | 511 | 521 | 504 |
| Gross Profit | CZK mil | 177 | 176 | 168 |
| EBITDA | CZK mil | 113 | 76.3 | 71.2 |
| EBIT | CZK mil | 100 | 58.1 | 53.1 |
| Financing Cost | CZK mil | ... | 1.59 | 1.25 |
| Pre-Tax Profit | CZK mil | 96.4 | 58.0 | 51.6 |
| Net Profit | CZK mil | 96.2 | 57.8 | 51.9 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Total Assets | CZK mil | 372 | 398 | 370 |
| Non-Current Assets | CZK mil | 173 | 191 | 184 |
| Current Assets | CZK mil | 192 | 201 | 179 |
| Working Capital | CZK mil | 117 | 115 | 99.3 |
| Shareholders' Equity | CZK mil | 179 | 215 | 247 |
| Liabilities | CZK mil | 193 | 183 | 123 |
| Total Debt | CZK mil | 119 | 104 | 61.2 |
| Net Debt | CZK mil | 117 | 102 | 45.8 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 63.7 | 29.3 | 22.4 |
| ROCE | % | 37.8 | 19.4 | 17.6 |
| Gross Margin | % | 34.7 | 33.9 | 33.3 |
| EBITDA Margin | % | 22.1 | 14.6 | 14.1 |
| EBIT Margin | % | 19.7 | 11.2 | 10.5 |
| Net Margin | % | 18.8 | 11.1 | 10.3 |
| Net Debt/EBITDA | 1.03 | 1.33 | 0.643 | |
| Net Debt/Equity | % | 65.4 | 47.1 | 18.6 |
| Cost of Financing | % | ... | 1.43 | 1.51 |
| Cash Flow | 2016 | 2017 | 2018 | |
| Total Cash From Operations | CZK mil | 68.2 | 68.2 | 57.4 |
| Total Cash From Investing | CZK mil | -28.3 | -28.3 | -11.4 |
| Total Cash From Financing | CZK mil | -39.6 | -39.6 | -33.0 |
| Net Change In Cash | CZK mil | 0.345 | 0.345 | 13.1 |
| Cash Conversion Cycle | days | 81.9 | 74.8 | 74.1 |
| Cash Earnings | CZK mil | 109 | 76.0 | 69.9 |
| Free Cash Flow | CZK mil | 39.9 | 39.9 | 46.1 |
Get all company financials in excel:
| overview | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||
| Sales | CZK mil | 275 | 289 | 315 | 383 | 511 | ||||||||||||
| Gross Profit | CZK mil | 77.7 | 90.1 | 88.5 | 101 | 177 | ||||||||||||
| EBIT | CZK mil | -8.47 | 22.2 | 25.3 | 30.2 | 100 | ||||||||||||
| Net Profit | CZK mil | -10.0 | 14.9 | 21.7 | 27.7 | 96.2 | ||||||||||||
| ROE | % | -7.24 | 11.0 | 17.0 | 22.5 | 63.7 | ||||||||||||
| EBIT Margin | % | -3.08 | 7.67 | 8.04 | 7.88 | 19.7 | ||||||||||||
| Net Margin | % | -3.64 | 5.16 | 6.89 | 7.24 | 18.8 | ||||||||||||
| Employees | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 161 | 126 | 143 | 169 | 232 | |||
| balance sheet | ||||||||||||||||||
| Total Assets | CZK mil | 283 | 286 | 291 | 336 | 372 | ||||||||||||
| Non-Current Assets | CZK mil | 201 | 184 | 174 | 174 | 173 | ||||||||||||
| Current Assets | CZK mil | 82.4 | 102 | 115 | 157 | 192 | ||||||||||||
| Shareholders' Equity | CZK mil | 138 | 133 | 123 | 123 | 179 | ||||||||||||
| Liabilities | CZK mil | 145 | 154 | 168 | 213 | 193 | ||||||||||||
| Non-Current Liabilities | CZK mil | 91.0 | 77.9 | 74.2 | 64.4 | 50.7 | ||||||||||||
| Current Liabilities | CZK mil | 28.9 | 37.3 | 44.0 | 137 | 142 | ||||||||||||
| Net Debt/EBITDA | 4.23 | 0.890 | 1.28 | 3.18 | 1.03 | |||||||||||||
| Net Debt/Equity | % | 70.4 | 28.5 | 40.5 | 107 | 65.4 | ||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| cash flow | ||||||||||||||||||
| Total Cash From Operations | CZK mil | ... | ... | -0.042 | 9.53 | 24.5 | 35.3 | 68.2 | ||||||||||
| Total Cash From Investing | CZK mil | ... | ... | 4.81 | -3.73 | -5.92 | -13.4 | -28.3 | ||||||||||
| Total Cash From Financing | CZK mil | ... | ... | 0.502 | -13.1 | -19.0 | -5.96 | -39.6 | ||||||||||
| Net Change In Cash | CZK mil | ... | ... | 5.27 | -7.35 | -0.447 | 16.0 | 0.345 |
| income statement | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||
| Sales | CZK mil | 275 | 289 | 315 | 383 | 511 | ||||||||||||
| Cost of Goods & Services | CZK mil | 198 | 199 | 226 | 282 | 334 | ||||||||||||
| Gross Profit | CZK mil | 77.7 | 90.1 | 88.5 | 101 | 177 | ||||||||||||
| Staff Cost | CZK mil | 52.9 | 45.6 | 47.3 | 58.2 | 77.0 | ||||||||||||
| Other Operating Cost (Income) | CZK mil | 1.74 | 1.91 | 2.19 | 1.40 | -12.8 | ||||||||||||
| EBITDA | CZK mil | 23.0 | 42.5 | 39.0 | 41.3 | 113 | ||||||||||||
| Depreciation | CZK mil | 31.5 | 20.4 | 13.7 | 11.2 | 12.5 | ||||||||||||
| EBIT | CZK mil | -8.47 | 22.2 | 25.3 | 30.2 | 100 | ||||||||||||
| Net Financing Cost | CZK mil | 3.29 | 8.48 | 3.87 | 1.83 | 4.03 | ||||||||||||
| Financing Cost | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Financing Income | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Extraordinary Cost | CZK mil | -0.078 | -0.005 | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | CZK mil | -11.7 | 13.7 | 21.4 | 28.3 | 96.4 | ||||||||||||
| Tax | CZK mil | -1.67 | -1.23 | -0.264 | 0.639 | 0.208 | ||||||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Net Profit | CZK mil | -10.0 | 14.9 | 21.7 | 27.7 | 96.2 | ||||||||||||
| Net Profit Avail. to Common | CZK mil | -10.0 | 14.9 | 21.7 | 27.7 | 96.2 | ||||||||||||
| growth rates | ||||||||||||||||||
| Total Revenue Growth | % | ... | -12.6 | 4.78 | 8.98 | 21.6 | 33.6 | |||||||||||
| Staff Cost Growth | % | ... | -12.6 | -13.8 | 3.55 | 23.2 | 32.2 | |||||||||||
| EBITDA Growth | % | ... | 6.39 | 84.8 | -8.20 | 5.84 | 173 | |||||||||||
| EBIT Growth | % | ... | -42.3 | -361 | 14.2 | 19.2 | 233 | |||||||||||
| Pre-Tax Profit Growth | % | ... | -42.5 | -217 | 56.7 | 32.2 | 240 | |||||||||||
| Net Profit Growth | % | ... | -46.7 | -249 | 45.5 | 27.6 | 248 | |||||||||||
| ratios | ||||||||||||||||||
| ROE | % | -7.24 | 11.0 | 17.0 | 22.5 | 63.7 | ||||||||||||
| ROA | % | -3.53 | 5.23 | 7.51 | 8.83 | 27.2 | ||||||||||||
| ROCE | % | ... | -4.25 | 6.40 | 9.59 | 12.5 | 37.8 | |||||||||||
| Gross Margin | % | 28.2 | 31.2 | 28.1 | 26.4 | 34.7 | ||||||||||||
| EBITDA Margin | % | 8.35 | 14.7 | 12.4 | 10.8 | 22.1 | ||||||||||||
| EBIT Margin | % | -3.08 | 7.67 | 8.04 | 7.88 | 19.7 | ||||||||||||
| Net Margin | % | -3.64 | 5.16 | 6.89 | 7.24 | 18.8 | ||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Net Debt/EBITDA | 4.23 | 0.890 | 1.28 | 3.18 | 1.03 |
| balance sheet | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||||||||||||
| Cash & Cash Equivalents | CZK mil | 7.91 | 0.553 | 0.106 | 16.1 | 2.02 | ||||||||||||
| Receivables | CZK mil | 34.4 | 47.7 | 58.9 | 64.0 | 122 | ||||||||||||
| Inventories | CZK mil | 24.9 | 27.5 | 25.6 | 30.5 | 42.6 | ||||||||||||
| Other ST Assets | CZK mil | 15.2 | 26.0 | 29.9 | 46.8 | 26.1 | ||||||||||||
| Current Assets | CZK mil | 82.4 | 102 | 115 | 157 | 192 | ||||||||||||
| Property, Plant & Equipment | CZK mil | 201 | 184 | 174 | 174 | 171 | ||||||||||||
| LT Investments & Receivables | CZK mil | 0 | 0 | 0 | < 0.001 | < 0.001 | ||||||||||||
| Intangible Assets | CZK mil | 0 | 0 | 0 | 0.202 | 1.27 | ||||||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Non-Current Assets | CZK mil | 201 | 184 | 174 | 174 | 173 | ||||||||||||
| Total Assets | CZK mil | 283 | 286 | 291 | 336 | 372 | ||||||||||||
| Trade Payables | CZK mil | 23.1 | 30.2 | 35.3 | 48.8 | 47.2 | ||||||||||||
| Short-Term Debt | CZK mil | 0 | 0 | 0 | 67.6 | 78.4 | ||||||||||||
| Other ST Liabilities | CZK mil | 5.75 | 7.16 | 8.66 | 20.2 | 16.9 | ||||||||||||
| Current Liabilities | CZK mil | 28.9 | 37.3 | 44.0 | 137 | 142 | ||||||||||||
| Long-Term Debt | CZK mil | 105 | 38.4 | 49.9 | 79.7 | 40.5 | ||||||||||||
| Other LT Liabilities | CZK mil | -14.3 | 39.5 | 24.3 | -15.3 | 10.1 | ||||||||||||
| Non-Current Liabilities | CZK mil | 91.0 | 77.9 | 74.2 | 64.4 | 50.7 | ||||||||||||
| Liabilities | CZK mil | 145 | 154 | 168 | 213 | 193 | ||||||||||||
| Equity Before Minority Interest | CZK mil | 138 | 133 | 123 | 123 | 179 | ||||||||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Equity | CZK mil | 138 | 133 | 123 | 123 | 179 | ||||||||||||
| growth rates | ||||||||||||||||||
| Total Asset Growth | % | ... | < -0.001 | 1.07 | 1.64 | 15.5 | 10.6 | |||||||||||
| Shareholders' Equity Growth | % | ... | 0 | -3.98 | -7.37 | 0.021 | 45.2 | |||||||||||
| Net Debt Growth | % | ... | 0 | -61.2 | 31.6 | 163 | -10.9 | |||||||||||
| Total Debt Growth | % | ... | ... | ... | ... | ... | 0 | -63.6 | 30.0 | 195 | -19.3 | |||||||
| ratios | ||||||||||||||||||
| Total Debt | CZK mil | 105 | 38.4 | 49.9 | 147 | 119 | ||||||||||||
| Net Debt | CZK mil | 97.4 | 37.8 | 49.8 | 131 | 117 | ||||||||||||
| Working Capital | CZK mil | 36.2 | 45.0 | 49.3 | 45.7 | 117 | ||||||||||||
| Capital Employed | CZK mil | 237 | 229 | 223 | 220 | 290 | ||||||||||||
| Net Debt/Equity | % | 70.4 | 28.5 | 40.5 | 107 | 65.4 | ||||||||||||
| Current Ratio | 2.85 | 2.73 | 2.60 | 1.15 | 1.35 | |||||||||||||
| Quick Ratio | 1.46 | 1.29 | 1.34 | 0.587 | 0.868 |
| cash flow | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| cash flow | ||||||||||||||||||
| Net Profit | CZK mil | -10.0 | 14.9 | 21.7 | 27.7 | 96.2 | ||||||||||||
| Depreciation | CZK mil | 31.5 | 20.4 | 13.7 | 11.2 | 12.5 | ||||||||||||
| Non-Cash Items | CZK mil | ... | ... | -19.2 | -16.9 | -6.68 | -7.05 | 30.9 | ||||||||||
| Change in Working Capital | CZK mil | ... | ... | -2.34 | -8.87 | -4.23 | 3.55 | -71.4 | ||||||||||
| Total Cash From Operations | CZK mil | ... | ... | -0.042 | 9.53 | 24.5 | 35.3 | 68.2 | ||||||||||
| Capital Expenditures | CZK mil | ... | ... | -0.984 | -3.73 | -6.04 | -13.4 | -28.3 | ||||||||||
| Other Investing Activities | CZK mil | ... | ... | 5.79 | 0 | 0.123 | 0.029 | 0.046 | ||||||||||
| Total Cash From Investing | CZK mil | ... | ... | 4.81 | -3.73 | -5.92 | -13.4 | -28.3 | ||||||||||
| Issuance Of Debt | CZK mil | ... | ... | 0 | -66.9 | 11.5 | 97.4 | -28.4 | ||||||||||
| Total Cash From Financing | CZK mil | ... | ... | 0.502 | -13.1 | -19.0 | -5.96 | -39.6 | ||||||||||
| Net Change In Cash | CZK mil | ... | ... | 5.27 | -7.35 | -0.447 | 16.0 | 0.345 | ||||||||||
| ratios | ||||||||||||||||||
| Days Sales Outstanding | days | 45.6 | 60.3 | 68.4 | 61.1 | 86.9 | ||||||||||||
| Days Sales Of Inventory | days | 45.9 | 50.5 | 41.4 | 39.5 | 46.6 | ||||||||||||
| Days Payable Outstanding | days | 42.7 | 55.4 | 57.0 | 63.3 | 51.6 | ||||||||||||
| Cash Conversion Cycle | days | 48.8 | 55.4 | 52.8 | 37.4 | 81.9 | ||||||||||||
| Cash Earnings | CZK mil | 21.5 | 35.3 | 35.4 | 38.8 | 109 | ||||||||||||
| Free Cash Flow | CZK mil | ... | ... | 4.76 | 5.79 | 18.6 | 22.0 | 39.9 | ||||||||||
| Capital Expenditures (As % of Sales) | % | ... | ... | 0.357 | 1.29 | 1.92 | 3.50 | 5.54 |
| other ratios | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| Employees | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 161 | 126 | 143 | 169 | 232 | |||
| Cost Per Employee | USD per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,401 | 1,543 | 1,289 | 1,203 | 1,096 | ||
| Cost Per Employee (Local Currency) | CZK per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 27,396 | 30,191 | 27,546 | 28,713 | 27,656 | ||
| Staff Cost (As % of Sales) | % | 19.2 | 15.8 | 15.0 | 15.2 | 15.1 | ||||||||||||
| Effective Tax Rate | % | 14.3 | -9.03 | -1.23 | 2.26 | 0.216 | ||||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | -11.6 | -10.9 | 9.98 | 21.1 | 10.1 | |||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.44 | 6.70 | 7.99 | 2.57 | -1.32 |
Get all company financials in excel:
By Helgi Library - September 18, 2020
Letoplast employed 231 employees in 2018, down 7.97% compared to the previous year. Historically, between 2012 and 2018, the firm's workforce hit a high of 251 employees in 2017 and a low of 126 employees in 2013. Average personnel cost stood at USD ...
By Helgi Library - September 18, 2020
Letoplast's total assets reached CZK 370 mil at the end of 2018, down 7.09% compared to the previous year. Current assets amounted to CZK 179 mil, or 48.5% of total assets while cash stood at CZK 15.4 mil at the end of 2018. ...
By Helgi Library - September 18, 2020
Letoplast's total assets reached CZK 370 mil at the end of 2018, down 7.09% compared to the previous year. Current assets amounted to CZK 179 mil, or 48.5% of total assets while cash stood at CZK 15.4 mil at the end of 2018. ...
By Helgi Library - September 18, 2020
Letoplast's operating cash flow stood at CZK 57.4 mil in 2018, down 15.8% when compared to the previous year. Historically, between 2004 - 2018, the firm’s operating cash flow reached a high of CZK 68.2 mil in 2017 and a low of CZK -18.7 mil in 200...
By Helgi Library - September 18, 2020
Letoplast's operating cash flow stood at CZK 57.4 mil in 2018, down 15.8% when compared to the previous year. Historically, between 2004 - 2018, the firm’s operating cash flow reached a high of CZK 68.2 mil in 2017 and a low of CZK -18.7 mil in 200...
By Helgi Library - September 18, 2020
Letoplast made a net profit of CZK 51.9 mil with revenues of CZK 504 mil in 2018, down by 10.3% and down by 3.30%, respectively, compared to the previous year. This translates into a net margin of 10.3%. Historically, between 2002 and 2018, the firm...
By Helgi Library - September 18, 2020
Letoplast made a net profit of CZK 51.9 mil with revenues of CZK 504 mil in 2018, down by 10.3% and down by 3.30%, respectively, compared to the previous year. This translates into a net margin of 10.3%. Historically, between 2002 and 2018, the firm...
By Helgi Library - September 18, 2020
Letoplast made a net profit of CZK 51.9 mil in 2018, down 10.3% compared to the previous year. Historically, between 2002 and 2018, the company's net profit reached a high of CZK 96.2 mil in 2016 and a low of CZK -27.0 mil in 2010. The result implies a re...
By Helgi Library - September 18, 2020
Letoplast made a net profit of CZK 51.9 mil in 2018, down 10.3% compared to the previous year. Historically, between 2002 and 2018, the company's net profit reached a high of CZK 96.2 mil in 2016 and a low of CZK -27.0 mil in 2010. The result implies a re...
By Helgi Library - September 18, 2020
Letoplast's net debt stood at CZK 45.8 mil and accounted for 18.6% of equity at the end of 2018. The ratio is down 28.6 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 121% in 2006 and a low of ...
Letoplast, s.r.o. is a Czech Republic-based Company involved in injection molding, painting and sub-assembling for automotive, medical, TV and audio industry. The Company is part of the international Lefevere Group, a Belgium based family owned group of companies established in 1900, and established in the Czech Republic since 1995. The Company serves its clients mainly in three different sectors: automotive, medical and TV & Audio. Firm's injection molding machines ranges from 150T to 2000T and include several automated painting and assembling lines.
Letoplast has been growing its sales by 11.8% a year on average in the last 5 years. EBITDA has grown on average by 10.9% a year during that time to total of CZK 71.2 mil in 2018, or 14.1% of sales. That’s compared to 14.8% average margin seen in last five years.
The company netted CZK 51.9 mil in 2018 implying ROE of 22.4% and ROCE of 17.6%. Again, the average figures were 31.0% and 19.4%, respectively when looking at the previous 5 years.
Letoplast’s net debt amounted to CZK 45.8 mil at the end of 2018, or 18.6% of equity. When compared to EBITDA, net debt was 0.643x, down when compared to average of 1.49x seen in the last 5 years.
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