By Helgi Library - April 2, 2020
New World Resources's total assets reached EUR 583 mil at the end of 2014, down 36.6% compared to the previous year. ...
By Helgi Library - April 2, 2020
New World Resources's total assets reached EUR 583 mil at the end of 2014, down 36.6% compared to the previous year. ...
| Profit Statement | 2012 | 2013 | 2014 | |
| Sales | EUR mil | 1,179 | 850 | 676 |
| Gross Profit | EUR mil | 921 | 592 | 470 |
| EBITDA | EUR mil | 218 | -824 | -172 |
| EBIT | EUR mil | 50.5 | -973 | -258 |
| Financing Cost | EUR mil | 47.4 | 88.2 | -283 |
| Pre-Tax Profit | EUR mil | 8.75 | -1,117 | 25.2 |
| Net Profit | EUR mil | -1.36 | -970 | -21.1 |
| Dividends | EUR mil | 0 | 0 | 0 |
| Balance Sheet | 2012 | 2013 | 2014 | |
| Total Assets | EUR mil | 2,201 | 920 | 583 |
| Non-Current Assets | EUR mil | 1,652 | 608 | 347 |
| Current Assets | EUR mil | 549 | 312 | 236 |
| Working Capital | EUR mil | 76.5 | -22.5 | -25.9 |
| Shareholders' Equity | EUR mil | 758 | -280 | -160 |
| Liabilities | EUR mil | 1,443 | 1,200 | 743 |
| Total Debt | EUR mil | 818 | 809 | 409 |
| Net Debt | EUR mil | 551 | 625 | 281 |
| Ratios | 2012 | 2013 | 2014 | |
| ROE | % | -0.180 | -406 | 9.58 |
| ROCE | % | -0.081 | -83.9 | -4.65 |
| Gross Margin | % | 78.1 | 69.6 | 69.6 |
| EBITDA Margin | % | 18.5 | -96.9 | -25.5 |
| EBIT Margin | % | 4.28 | -114 | -38.1 |
| Net Margin | % | -0.115 | -114 | -3.12 |
| Net Debt/EBITDA | 2.53 | -0.759 | -1.63 | |
| Net Debt/Equity | 0.727 | -2.23 | -1.76 | |
| Cost of Financing | % | 5.43 | 10.8 | -46.4 |
| Valuation | 2012 | 2013 | 2014 | |
| Market Capitalisation | USD mil | 1,361 | 347 | 5.18 |
| Enterprise Value (EV) | USD mil | 2,088 | 1,209 | 346 |
| Number Of Shares | mil | 265 | 265 | 265 |
| Share Price | CZK | 97.8 | 24.7 | 0.420 |
| EV/EBITDA | 7.47 | -1.10 | -1.56 | |
| EV/Sales | 1.38 | 1.07 | 0.397 | |
| Price/Earnings (P/E) | -758 | -0.246 | -0.203 | |
| Price/Book Value (P/BV) | 1.36 | -0.898 | -0.027 | |
| Dividend Yield | % | 0 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | |||||||||||||
| Sales | EUR mil | 1,117 | 1,590 | 1,632 | 1,179 | 850 | ... | ||||||
| Gross Profit | EUR mil | 843 | 1,182 | 1,257 | 921 | 592 | ... | ||||||
| EBIT | EUR mil | ... | 5.84 | 294 | 278 | 50.5 | -973 | ... | |||||
| Net Profit | EUR mil | ... | -61.6 | 233 | 129 | -1.36 | -970 | ... | |||||
| ROE | % | ... | -10.2 | 34.1 | 16.5 | -0.180 | -406 | ... | |||||
| EBIT Margin | % | ... | 0.523 | 18.5 | 17.0 | 4.28 | -114 | ... | |||||
| Net Margin | % | ... | -5.52 | 14.7 | 7.88 | -0.115 | -114 | ... | |||||
| Employees | 16,044 | 16,306 | 18,046 | 13,324 | 12,607 | ... | |||||||
| balance sheet | |||||||||||||
| Total Assets | EUR mil | ... | 2,216 | 2,258 | 2,374 | 2,201 | 920 | ... | |||||
| Non-Current Assets | EUR mil | ... | 1,344 | 1,475 | 1,535 | 1,652 | 608 | ... | |||||
| Current Assets | EUR mil | ... | 787 | 783 | 839 | 549 | 312 | ... | |||||
| Shareholders' Equity | EUR mil | ... | 560 | 809 | 753 | 758 | -280 | ... | |||||
| Liabilities | EUR mil | ... | 1,655 | 1,449 | 1,621 | 1,443 | 1,200 | ... | |||||
| Non-Current Liabilities | EUR mil | ... | 1,263 | 1,179 | 1,215 | 1,204 | 1,024 | ... | |||||
| Current Liabilities | EUR mil | ... | 350 | 270 | 406 | 239 | 177 | ... | |||||
| Net Debt/EBITDA | ... | 2.70 | 0.691 | 0.848 | 2.53 | -0.759 | ... | ||||||
| Net Debt/Equity | ... | 0.862 | 0.396 | 0.512 | 0.727 | -2.23 | ... | ||||||
| Cost of Financing | % | ... | ... | 6.52 | 12.2 | 10.0 | 5.43 | 10.8 | ... | ||||
| cash flow | |||||||||||||
| Total Cash From Operations | EUR mil | ... | 247 | 362 | 382 | 217 | -35.9 | ... | |||||
| Total Cash From Investing | EUR mil | ... | -239 | 36.3 | -182 | -227 | -18.1 | ... | |||||
| Total Cash From Financing | EUR mil | ... | -58.5 | -255 | -64.0 | -151 | -20.1 | ... | |||||
| Net Change In Cash | EUR mil | ... | -50.5 | 143 | 137 | -161 | -74.1 | ... | |||||
| valuation | |||||||||||||
| Market Capitalisation | USD mil | ... | ... | ... | ... | 2,329 | 3,761 | 1,829 | 1,361 | 347 | ... | ||
| Number Of Shares | mil | ... | 264 | 265 | 265 | 265 | 265 | ... | |||||
| Share Price | CZK | ... | ... | ... | ... | 163 | 271 | 136 | 97.8 | 24.7 | ... | ||
| Earnings Per Share (EPS) | CZK | ... | -6.17 | 22.3 | 12.0 | -0.129 | -100 | ... | |||||
| Book Value Per Share | CZK | ... | 56.1 | 77.4 | 72.4 | 71.9 | -27.5 | ... | |||||
| Dividend Per Share | CZK | ... | ... | 5.57 | 13.4 | 3.19 | 0 | 0 | ... | ||||
| Price/Earnings (P/E) | ... | ... | ... | ... | -26.3 | 12.2 | 11.4 | -758 | -0.246 | ... | |||
| Price/Book Value (P/BV) | ... | ... | ... | ... | 2.90 | 3.50 | 1.87 | 1.36 | -0.898 | ... | |||
| Dividend Yield | % | ... | ... | ... | ... | 3.42 | 4.95 | 2.35 | 0 | 0 | ... | ||
| Earnings Per Share Growth | % | ... | ... | -119 | -461 | -46.4 | -101 | 77,635 | ... | ||||
| Book Value Per Share Growth | % | ... | ... | -13.0 | 38.0 | -6.42 | -0.739 | -138 | ... |
| income statement | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | |||||||||||||
| Sales | EUR mil | 1,117 | 1,590 | 1,632 | 1,179 | 850 | ... | ||||||
| Cost of Goods & Services | EUR mil | 273 | 408 | 375 | 258 | 258 | ... | ||||||
| Gross Profit | EUR mil | 843 | 1,182 | 1,257 | 921 | 592 | ... | ||||||
| Staff Cost | EUR mil | 351 | 361 | 384 | 260 | 283 | ... | ||||||
| Other Cost | EUR mil | ... | 314 | 357 | 419 | 443 | 1,134 | ... | |||||
| EBITDA | EUR mil | ... | 179 | 464 | 454 | 218 | -824 | ... | |||||
| Depreciation | EUR mil | ... | 173 | 170 | 176 | 167 | 148 | ... | |||||
| EBIT | EUR mil | ... | 5.84 | 294 | 278 | 50.5 | -973 | ... | |||||
| Financing Cost | EUR mil | ... | 67.9 | 115 | 89.1 | 47.4 | 88.2 | ... | |||||
| Extraordinary Cost | EUR mil | ... | -4.12 | -73.1 | 1.54 | -5.67 | 55.9 | ... | |||||
| Pre-Tax Profit | EUR mil | ... | -57.9 | 252 | 187 | 8.75 | -1,117 | ... | |||||
| Tax | EUR mil | ... | 5.81 | 30.8 | 57.1 | 9.99 | -146 | ... | |||||
| Minorities | EUR mil | ... | 0 | 0 | 1.15 | 0.109 | 0 | ... | |||||
| Net Profit | EUR mil | ... | -61.6 | 233 | 129 | -1.36 | -970 | ... | |||||
| Dividends | EUR mil | ... | ... | 55.5 | 140 | 34.4 | 0 | 0 | ... | ||||
| growth rates | |||||||||||||
| Total Revenue Growth | % | ... | -45.3 | 42.4 | 2.67 | -27.8 | -27.8 | ... | |||||
| Operating Cost Growth | % | ... | ... | -16.8 | 7.97 | 11.9 | -12.5 | 102 | |||||
| EBITDA Growth | % | ... | ... | -74.4 | 160 | -2.19 | -52.0 | -479 | ... | ||||
| EBIT Growth | % | ... | ... | -98.9 | 4,935 | -5.52 | -81.8 | -2,027 | ... | ||||
| Pre-Tax Profit Growth | % | ... | ... | -112 | -535 | -25.8 | -95.3 | -12,870 | ... | ||||
| Net Profit Growth | % | ... | ... | -118 | -479 | -44.9 | -101 | 71,349 | ... | ||||
| ratios | |||||||||||||
| ROE | % | ... | -10.2 | 34.1 | 16.5 | -0.180 | -406 | ... | |||||
| ROCE | % | ... | ... | -4.60 | 16.3 | 8.21 | -0.081 | -83.9 | ... | ||||
| Gross Margin | % | 75.5 | 74.3 | 77.0 | 78.1 | 69.6 | ... | ||||||
| EBITDA Margin | % | ... | 16.0 | 29.2 | 27.8 | 18.5 | -96.9 | ... | |||||
| EBIT Margin | % | ... | 0.523 | 18.5 | 17.0 | 4.28 | -114 | ... | |||||
| Net Margin | % | ... | -5.52 | 14.7 | 7.88 | -0.115 | -114 | ... | |||||
| Payout Ratio | % | ... | ... | -90.2 | 60.2 | 26.7 | 0 | 0 | ... | ||||
| Cost of Financing | % | ... | ... | 6.52 | 12.2 | 10.0 | 5.43 | 10.8 | ... | ||||
| Net Debt/EBITDA | ... | 2.70 | 0.691 | 0.848 | 2.53 | -0.759 | ... |
| balance sheet | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | |||||||||||||
| Non-Current Assets | EUR mil | ... | 1,344 | 1,475 | 1,535 | 1,652 | 608 | ... | |||||
| Property, Plant & Equipment | EUR mil | ... | 1,158 | 1,281 | 1,354 | 1,477 | 534 | ... | |||||
| Intangible Assets | EUR mil | ... | 162 | 162 | 148 | 143 | 204 | ... | |||||
| Current Assets | EUR mil | ... | 787 | 783 | 839 | 549 | 312 | ... | |||||
| Inventories | EUR mil | ... | 85.8 | 56.0 | 93.1 | 151 | 29.7 | ... | |||||
| Receivables | EUR mil | ... | 150 | 198 | 203 | 130 | 89.4 | ... | |||||
| Cash & Cash Equivalents | EUR mil | ... | 551 | 529 | 543 | 267 | 184 | ... | |||||
| Total Assets | EUR mil | ... | 2,216 | 2,258 | 2,374 | 2,201 | 920 | ... | |||||
| Shareholders' Equity | EUR mil | ... | 560 | 809 | 753 | 758 | -280 | ... | |||||
| Of Which Minority Interest | EUR mil | ... | 0 | 0 | 1.63 | 0 | 0 | ... | |||||
| Liabilities | EUR mil | ... | 1,655 | 1,449 | 1,621 | 1,443 | 1,200 | ... | |||||
| Non-Current Liabilities | EUR mil | ... | 1,263 | 1,179 | 1,215 | 1,204 | 1,024 | ... | |||||
| Long-Term Debt | EUR mil | ... | 940 | 835 | 815 | 804 | 795 | ... | |||||
| Deferred Tax Liabilities | EUR mil | ... | 102 | 119 | 117 | 111 | 0.814 | ... | |||||
| Current Liabilities | EUR mil | ... | 350 | 270 | 406 | 239 | 177 | ... | |||||
| Short-Term Debt | EUR mil | ... | 93.7 | 15.3 | 114 | 13.9 | 13.6 | ... | |||||
| Trade Payables | EUR mil | ... | 237 | 205 | 219 | 205 | 141 | ... | |||||
| Provisions | EUR mil | ... | 113 | 112 | 176 | 186 | 170 | ... | |||||
| Equity And Liabilities | EUR mil | ... | 2,216 | 2,258 | 2,374 | 2,201 | 920 | ... | |||||
| growth rates | |||||||||||||
| Total Asset Growth | % | ... | ... | -1.51 | 1.93 | 5.13 | -7.28 | -58.2 | ... | ||||
| Shareholders' Equity Growth | % | ... | ... | -13.3 | 44.5 | -7.02 | 0.757 | -137 | ... | ||||
| Net Debt Growth | % | ... | ... | 32.0 | -33.6 | 20.0 | 43.1 | 13.5 | ... | ||||
| Total Debt Growth | % | ... | ... | -1.34 | -17.8 | 9.20 | -11.9 | -1.10 | ... | ||||
| ratios | |||||||||||||
| Total Debt | EUR mil | ... | 1,034 | 850 | 928 | 818 | 809 | ... | |||||
| Net Debt | EUR mil | ... | 483 | 321 | 385 | 551 | 625 | ... | |||||
| Working Capital | EUR mil | ... | -1.46 | 49.0 | 76.4 | 76.5 | -22.5 | ... | |||||
| Capital Employed | EUR mil | ... | 1,342 | 1,524 | 1,611 | 1,729 | 586 | ... | |||||
| Net Debt/Equity | ... | 0.862 | 0.396 | 0.512 | 0.727 | -2.23 | ... | ||||||
| Cost of Financing | % | ... | ... | 6.52 | 12.2 | 10.0 | 5.43 | 10.8 | ... |
| cash flow | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| cash flow | |||||||||||||
| Net Profit | EUR mil | ... | -61.6 | 233 | 129 | -1.36 | -970 | ... | |||||
| Depreciation | EUR mil | ... | 173 | 170 | 176 | 167 | 148 | ... | |||||
| Non-Cash Items | EUR mil | ... | ... | 89.0 | 8.71 | 105 | 51.4 | 687 | ... | ||||
| Change in Working Capital | EUR mil | ... | ... | 47.2 | -50.4 | -27.4 | -0.193 | 99.0 | ... | ||||
| Total Cash From Operations | EUR mil | ... | 247 | 362 | 382 | 217 | -35.9 | ... | |||||
| Capital Expenditures | EUR mil | ... | ... | ... | -246 | -219 | -193 | -230 | -109 | ... | |||
| Other Investments | EUR mil | ... | ... | ... | 6.44 | 256 | 11.6 | 3.57 | 91.2 | ... | |||
| Total Cash From Investing | EUR mil | ... | -239 | 36.3 | -182 | -227 | -18.1 | ... | |||||
| Dividends Paid | EUR mil | ... | ... | -55.5 | -140 | -34.4 | 0 | 0 | ... | ||||
| Issuance Of Debt | EUR mil | ... | ... | -14.1 | -184 | 78.2 | -110 | -8.97 | ... | ||||
| Total Cash From Financing | EUR mil | ... | -58.5 | -255 | -64.0 | -151 | -20.1 | ... | |||||
| Net Change In Cash | EUR mil | ... | -50.5 | 143 | 137 | -161 | -74.1 | ... | |||||
| ratios | |||||||||||||
| Days Sales Outstanding | days | ... | 48.9 | 45.4 | 45.3 | 40.3 | 38.3 | ... | |||||
| Days Sales Of Inventory | days | ... | 115 | 50.1 | 90.5 | 214 | 42.0 | ... | |||||
| Days Payable Outstanding | days | ... | 316 | 183 | 213 | 290 | 200 | ... | |||||
| Cash Conversion Cycle | days | ... | -153 | -87.7 | -77.4 | -35.4 | -120 | ... | |||||
| Cash Earnings | EUR mil | ... | 111 | 404 | 305 | 166 | -822 | ... | |||||
| Cash Earnings Per Share | CZK | ... | 11.2 | 38.6 | 28.3 | 15.8 | -84.9 | ... | |||||
| Price/Cash Earnings (P/CE) | ... | ... | ... | ... | 14.6 | 7.03 | 4.79 | 6.21 | -0.291 | ... | |||
| Free Cash Flow | EUR mil | ... | 8.03 | 398 | 201 | -9.67 | -54.0 | ... | |||||
| Free Cash Flow Yield | % | ... | ... | ... | ... | 0.480 | 14.0 | 15.3 | -0.912 | -20.6 | ... |
| other data | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | |||||||||||||
| ROA | % | ... | -2.76 | 10.4 | 5.56 | -0.059 | -62.2 | ... | |||||
| Gross Margin | % | 75.5 | 74.3 | 77.0 | 78.1 | 69.6 | ... | ||||||
| Employees | 16,044 | 16,306 | 18,046 | 13,324 | 12,607 | ... | |||||||
| Cost Per Employee | USD per month | 2,536 | 2,442 | 2,467 | 2,086 | 2,483 | ... | ||||||
| Cost Per Employee (Local Currency) | EUR per month | 1,823 | 1,846 | 1,774 | 1,624 | 1,871 | ... | ||||||
| Staff Cost (As % Of Total Cost) | % | ... | 31.6 | 27.9 | 28.4 | 23.0 | 15.5 | ... | |||||
| Effective Tax Rate | % | ... | -10.0 | 12.2 | 30.6 | 114 | 13.1 | ... | |||||
| Enterprise Value (EV) | USD mil | ... | ... | ... | ... | 3,021 | 4,187 | 2,328 | 2,088 | 1,209 | ... | ||
| EV/EBITDA | ... | ... | ... | ... | 12.2 | 6.82 | 3.69 | 7.47 | -1.10 | ... | |||
| EV/Capital Employed | ... | ... | ... | ... | 1.57 | 2.07 | 1.11 | 0.915 | 1.50 | ... | |||
| EV/Sales | ... | ... | ... | ... | 1.94 | 1.99 | 1.03 | 1.38 | 1.07 | ... | |||
| EV/EBIT | ... | ... | ... | ... | 372 | 10.8 | 6.03 | 32.2 | -0.936 | ... | |||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | 22.0 | 13.8 | 11.8 | 19.5 | 12.8 | ... | |||
| Sales of Coking Coal | EUR mil | 470 | 772 | 848 | 621 | 451 | ... | ||||||
| Sales of Thermal Coal | EUR mil | 330 | 309 | 389 | 347 | 364 | ... | ||||||
| Sales of Coke | EUR mil | 105 | 303 | 202 | 192 | 160 | ... | ... | |||||
| Sales from Coal and Coke Transport | EUR mil | 114 | 124 | 132 | 118 | ... | ... | ... | |||||
| Sales Of Electricity | EUR mil | 0 | 0 | 0 | 0 | ... | ... | ... | |||||
| Sales of Coal and Coke By-Products | EUR mil | 37.0 | 35.0 | 37.0 | 38.0 | ... | ... | ... | |||||
| Mining Cost of Coal per Tonne | EUR | ... | ... | ... | ... | 66.0 | 71.0 | 82.0 | 71.0 | 78.0 | ... | ||
| Mining Cost of Coke per Tonne | EUR | ... | ... | ... | ... | 84.0 | 70.0 | 60.0 | 54.0 | 55.0 | ... | ... | |
| Production of Coal (kt) | kt | 11,001 | 11,443 | 11,247 | 11,206 | 8,800 | ... | ||||||
| Production of Coke (kt) | kt | ... | 843 | 1,006 | 770 | 680 | 627 | ... | ... | ||||
| Sales of Coal Total (kt) | kt | 10,060 | 10,712 | 10,647 | 10,200 | 9,700 | ... | ||||||
| Sales of Coking Coal (kt) | kt | 5,451 | 5,599 | 4,797 | 4,998 | 4,600 | ... | ... | |||||
| Sales of Thermal Coal (kt) | kt | 4,610 | 5,113 | 5,849 | 4,727 | 5,100 | ... | ... | |||||
| Sales of Coke (kt) | kt | ... | 705 | 1,100 | 555 | 555 | 550 | ... | ... | ||||
| Sales Price of Coking Coal per Tonne | EUR | 86.2 | 138 | 177 | 125 | 98.0 | ... | ||||||
| Sales Price of Thermal Coal per Tonne | EUR | 71.6 | 60.5 | 67.0 | 74.0 | 56.0 | ... | ||||||
| Sales Price of Coke per Tonne | EUR | 149 | 275 | 365 | 289 | 238 | ... | ... |
Get all company financials in excel:
New World Resources Plc (NWR) is one of Central Europe's leading hard coal producers. The Company produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic. NWR has 374 mil tonnes of hard coal reserves. Strategically located within the region, NWR supplies to a blue chip customer base in the region, including ArcelorMittal, U.S. Steel, voestalpine, Dalkia, ČEZ, Verbund, Moravia Steel, and ThyssenKrupp. Headquartered in the Netherlands, NWR employs around 16 thousand people. NWR currently mines deep underground mines in the upper Silesian basin in the Czech Republic and has several development projects in both Poland and the Czech Republic. NWR is a UK Plc and a constituent of the FTSE Small Cap index, with additional listings in Prague and Warsaw
New World Resources has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2015, or of sales. That’s compared to -19.0% average margin seen in last five years.
The company netted in 2015 implying ROE of and ROCE of . Again, the average figures were -95.0% and -20.1%, respectively when looking at the previous 5 years.
New World Resources’s net debt amounted to at the end of 2015, or of equity. When compared to EBITDA, net debt was x, down when compared to average of 0.247x seen in the last 5 years.
New World Resources stock traded at per share at the end of 2015 resulting in a market capitalization of . Over the previous five years, stock price grew by 0% or % a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of x and price to earnings (PE) of x as of 2015.
Helgi Library 
