By Helgi Library - April 2, 2020
Panasonic AVC Networks Czech's total assets reached CZK 9,572 mil at the end of 2015, down 14.8% compared to the previous year. ...
By Helgi Library - April 2, 2020
Panasonic AVC Networks Czech's total assets reached CZK 9,572 mil at the end of 2015, down 14.8% compared to the previous year. ...
| Profit Statement | 2013 | 2014 | 2015 | |
| Sales | CZK mil | 24,781 | 22,229 | 17,165 |
| Gross Profit | CZK mil | 2,097 | 2,130 | 634 |
| EBITDA | CZK mil | 521 | 1,618 | 534 |
| EBIT | CZK mil | 296 | 1,412 | 310 |
| Financing Cost | CZK mil | -34.5 | 203 | 32.5 |
| Pre-Tax Profit | CZK mil | 330 | 1,209 | 277 |
| Net Profit | CZK mil | 330 | 1,209 | 277 |
| Balance Sheet | 2013 | 2014 | 2015 | |
| Total Assets | CZK mil | 9,568 | 11,231 | 9,572 |
| Non-Current Assets | CZK mil | 1,231 | 1,071 | 1,061 |
| Current Assets | CZK mil | 8,321 | 10,148 | 8,494 |
| Working Capital | CZK mil | 1,205 | 344 | 751 |
| Shareholders' Equity | CZK mil | 4,952 | 8,156 | 5,643 |
| Liabilities | CZK mil | 4,616 | 3,074 | 3,929 |
| Total Debt | CZK mil | 0 | 0 | 0 |
| Net Debt | CZK mil | -20.5 | -16.9 | -15.6 |
| Ratios | 2013 | 2014 | 2015 | |
| ROE | % | 6.82 | 18.4 | 4.02 |
| ROCE | % | 11.5 | 62.8 | 17.2 |
| Gross Margin | % | 8.46 | 9.58 | 3.69 |
| EBITDA Margin | % | 2.10 | 7.28 | 3.11 |
| EBIT Margin | % | 1.19 | 6.35 | 1.81 |
| Net Margin | % | 1.33 | 5.44 | 1.62 |
| Net Debt/EBITDA | -0.039 | -0.010 | -0.029 | |
| Net Debt/Equity | -0.004 | -0.002 | -0.003 | |
| Cost of Financing | % | ... | ... | ... |
| Cash Flow | 2013 | 2014 | 2015 | |
| Total Cash From Operations | CZK mil | ... | ... | ... |
| Total Cash From Investing | CZK mil | ... | ... | ... |
| Total Cash From Financing | CZK mil | ... | ... | ... |
| Net Change In Cash | CZK mil | ... | ... | ... |
| Cash Conversion Cycle | days | 16.7 | 3.28 | 15.6 |
| Cash Earnings | CZK mil | 556 | 1,414 | 501 |
| Free Cash Flow | CZK mil | ... | ... | ... |
Get all company financials in excel:
| summary | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | |||||||||||||||||
| Sales | CZK mil | 38,507 | 42,417 | 29,021 | 29,426 | 24,781 | |||||||||||
| Gross Profit | CZK mil | -4,642 | -3,525 | -2,160 | 930 | 2,097 | |||||||||||
| EBIT | CZK mil | -6,287 | -4,689 | -4,377 | 95.0 | 296 | |||||||||||
| Net Profit | CZK mil | -6,235 | -4,010 | -5,032 | 60.0 | 330 | |||||||||||
| ROE | % | 73.0 | 29.0 | 27.5 | -0.743 | 6.82 | |||||||||||
| EBIT Margin | % | -16.3 | -11.1 | -15.1 | 0.323 | 1.19 | |||||||||||
| Net Margin | % | -16.2 | -9.45 | -17.3 | 0.204 | 1.33 | |||||||||||
| Employees | 2,078 | 2,053 | 1,793 | 1,425 | 1,180 | ||||||||||||
| balance sheet | |||||||||||||||||
| Total Assets | CZK mil | 8,152 | 5,974 | 6,275 | 8,825 | 9,568 | |||||||||||
| Non-Current Assets | CZK mil | 1,489 | 1,558 | 1,241 | 1,179 | 1,231 | |||||||||||
| Current Assets | CZK mil | 6,298 | 4,160 | 4,873 | 7,646 | 8,321 | |||||||||||
| Shareholders' Equity | CZK mil | -11,867 | -15,777 | -20,872 | 4,727 | 4,952 | |||||||||||
| Liabilities | CZK mil | 20,019 | 21,751 | 27,147 | 4,098 | 4,616 | |||||||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Current Liabilities | CZK mil | 19,810 | 21,482 | 26,176 | 3,154 | 2,487 | |||||||||||
| Net Debt/EBITDA | -2.84 | -4.66 | -6.26 | -0.403 | -0.039 | ||||||||||||
| Net Debt/Equity | -1.20 | -1.09 | -1.06 | -0.048 | -0.004 | ||||||||||||
| Cost of Financing | % | ... | ... | -0.424 | -4.29 | 4.30 | 0.305 | ... | ... | ... | |||||||
| cash flow | |||||||||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... |
| income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | |||||||||||||||||
| Sales | CZK mil | 38,507 | 42,417 | 29,021 | 29,426 | 24,781 | |||||||||||
| Cost of Goods & Services | CZK mil | 43,149 | 45,942 | 31,181 | 28,496 | 22,684 | |||||||||||
| Gross Profit | CZK mil | -4,642 | -3,525 | -2,160 | 930 | 2,097 | |||||||||||
| Staff Cost | CZK mil | 893 | 902 | 816 | 693 | 587 | |||||||||||
| Other Cost | CZK mil | -514 | -723 | 572 | -329 | 988 | |||||||||||
| EBITDA | CZK mil | -5,021 | -3,704 | -3,548 | 566 | 521 | |||||||||||
| Depreciation | CZK mil | 1,266 | 985 | 829 | 471 | 225 | |||||||||||
| EBIT | CZK mil | -6,287 | -4,689 | -4,377 | 95.0 | 296 | |||||||||||
| Financing Cost | CZK mil | -51.0 | -679 | 852 | 34.0 | -34.5 | |||||||||||
| Extraordinary Cost | CZK mil | -1.00 | 0 | -200 | 0 | 0 | |||||||||||
| Pre-Tax Profit | CZK mil | -6,235 | -4,010 | -5,029 | 61.0 | 330 | |||||||||||
| Tax | CZK mil | 0 | 0 | 3.00 | 0.869 | 0.106 | |||||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Net Profit | CZK mil | -6,235 | -4,010 | -5,032 | 60.0 | 330 | |||||||||||
| growth rates | |||||||||||||||||
| Total Revenue Growth | % | ... | -25.6 | 10.2 | -31.6 | 1.40 | -15.8 | ||||||||||
| Operating Cost Growth | % | ... | -86.3 | -52.8 | 675 | -73.8 | 333 | ||||||||||
| EBITDA Growth | % | ... | 12.8 | -26.2 | -4.21 | -116 | -7.93 | ||||||||||
| EBIT Growth | % | ... | 20.0 | -25.4 | -6.65 | -102 | 211 | ||||||||||
| Pre-Tax Profit Growth | % | ... | -0.874 | -35.7 | 25.4 | -101 | 442 | ||||||||||
| Net Profit Growth | % | ... | -0.874 | -35.7 | 25.5 | -101 | 450 | ||||||||||
| ratios | |||||||||||||||||
| ROE | % | 73.0 | 29.0 | 27.5 | -0.743 | 6.82 | |||||||||||
| ROCE | % | ... | -143 | -116 | -155 | 1.73 | 11.5 | ||||||||||
| Gross Margin | % | -12.1 | -8.31 | -7.44 | 3.16 | 8.46 | |||||||||||
| EBITDA Margin | % | -13.0 | -8.73 | -12.2 | 1.92 | 2.10 | |||||||||||
| EBIT Margin | % | -16.3 | -11.1 | -15.1 | 0.323 | 1.19 | |||||||||||
| Net Margin | % | -16.2 | -9.45 | -17.3 | 0.204 | 1.33 | |||||||||||
| Cost of Financing | % | ... | ... | -0.424 | -4.29 | 4.30 | 0.305 | ... | ... | ... | |||||||
| Net Debt/EBITDA | -2.84 | -4.66 | -6.26 | -0.403 | -0.039 |
| balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | |||||||||||||||||
| Non-Current Assets | CZK mil | 1,489 | 1,558 | 1,241 | 1,179 | 1,231 | |||||||||||
| Property, Plant & Equipment | CZK mil | 1,430 | 1,452 | 1,241 | 1,179 | 1,230 | |||||||||||
| Intangible Assets | CZK mil | 60.0 | 106 | 0 | 0 | 0.868 | |||||||||||
| Current Assets | CZK mil | 6,298 | 4,160 | 4,873 | 7,646 | 8,321 | |||||||||||
| Inventories | CZK mil | 1,938 | 603 | 2,006 | 1,335 | 1,170 | |||||||||||
| Receivables | CZK mil | 3,802 | 2,852 | 2,576 | 2,122 | 1,946 | |||||||||||
| Cash & Cash Equivalents | CZK mil | 62.0 | 69.0 | 102 | 228 | 20.5 | |||||||||||
| Total Assets | CZK mil | 8,152 | 5,974 | 6,275 | 8,825 | 9,568 | |||||||||||
| Shareholders' Equity | CZK mil | -11,867 | -15,777 | -20,872 | 4,727 | 4,952 | |||||||||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Liabilities | CZK mil | 20,019 | 21,751 | 27,147 | 4,098 | 4,616 | |||||||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Deferred Tax Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Current Liabilities | CZK mil | 19,810 | 21,482 | 26,176 | 3,154 | 2,487 | |||||||||||
| Short-Term Debt | CZK mil | 14,322 | 17,326 | 22,321 | 0 | 0 | |||||||||||
| Trade Payables | CZK mil | 3,214 | 2,128 | 2,224 | 1,309 | 1,911 | |||||||||||
| Provisions | CZK mil | 200 | 260 | 949 | 944 | 2,126 | |||||||||||
| Equity And Liabilities | CZK mil | 8,152 | 5,974 | 6,275 | 8,825 | 9,568 | |||||||||||
| growth rates | |||||||||||||||||
| Total Asset Growth | % | ... | -15.9 | -26.7 | 5.04 | 40.6 | 8.42 | ||||||||||
| Shareholders' Equity Growth | % | ... | 127 | 32.9 | 32.3 | -123 | 4.76 | ||||||||||
| Net Debt Growth | % | ... | 47.0 | 21.0 | 28.8 | -101 | -91.0 | ||||||||||
| Total Debt Growth | % | ... | ... | ... | ... | 47.3 | 21.0 | 28.8 | -100 | ... | ... | ... | |||||
| ratios | |||||||||||||||||
| Total Debt | CZK mil | 14,322 | 17,326 | 22,321 | 0 | 0 | |||||||||||
| Net Debt | CZK mil | 14,260 | 17,257 | 22,219 | -228 | -20.5 | |||||||||||
| Working Capital | CZK mil | 2,526 | 1,327 | 2,358 | 2,148 | 1,205 | |||||||||||
| Capital Employed | CZK mil | 4,015 | 2,885 | 3,599 | 3,327 | 2,436 | |||||||||||
| Net Debt/Equity | -1.20 | -1.09 | -1.06 | -0.048 | -0.004 | ||||||||||||
| Cost of Financing | % | ... | ... | -0.424 | -4.29 | 4.30 | 0.305 | ... | ... | ... |
| cash flow | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| cash flow | |||||||||||||||||
| Net Profit | CZK mil | -6,235 | -4,010 | -5,032 | 60.0 | 330 | |||||||||||
| Depreciation | CZK mil | 1,266 | 985 | 829 | 471 | 225 | |||||||||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Other Investments | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | |||||||||
| ratios | |||||||||||||||||
| Days Sales Outstanding | days | 36.0 | 24.5 | 32.4 | 26.3 | 28.7 | |||||||||||
| Days Sales Of Inventory | days | 16.4 | 4.79 | 23.5 | 17.1 | 18.8 | |||||||||||
| Days Payable Outstanding | days | 27.2 | 16.9 | 26.0 | 16.8 | 30.8 | |||||||||||
| Cash Conversion Cycle | days | 25.2 | 12.4 | 29.8 | 26.7 | 16.7 | |||||||||||
| Cash Earnings | CZK mil | -4,969 | -3,025 | -4,203 | 531 | 556 | |||||||||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | |||||||||||||||||
| ROA | % | -69.9 | -56.8 | -82.2 | 0.795 | 3.59 | |||||||||||
| Gross Margin | % | -12.1 | -8.31 | -7.44 | 3.16 | 8.46 | |||||||||||
| Employees | 2,078 | 2,053 | 1,793 | 1,425 | 1,180 | ||||||||||||
| Cost Per Employee | USD per month | 1,879 | 1,916 | 2,144 | 2,072 | 2,120 | |||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 35,812 | 36,613 | 37,925 | 40,526 | 41,482 | |||||||||||
| Staff Cost (As % Of Total Cost) | % | 1.99 | 1.91 | 2.44 | 2.36 | 2.40 | |||||||||||
| Effective Tax Rate | % | 0 | 0 | -0.060 | 1.42 | 0.032 | |||||||||||
| Domestic Sales | CZK mil | ... | ... | ... | ... | 1,345 | 1,547 | 950 | 1,016 | 2,362 | |||||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Revenues From Abroad | CZK mil | ... | ... | ... | ... | 35,173 | 39,077 | 27,128 | 27,645 | 22,391 | |||||||
| Revenues From Abroad (As % Of Total) | % | ... | ... | ... | ... | 91.3 | 92.1 | 93.5 | 93.9 | 90.4 |
Get all company financials in excel:
Panasonic AVC Networks Czech, s.r.o. belongs to the Panasonic Corporation with headquarters in Osaka, Japan. The Czech subsidiary was establishedin 1996 with first television 14inch (36cm) assembled a year after in 1997. Panasonic AVC Networks Czech produces a wide range of products such as LCD and Plasma television from basic specifications 19inch (48cm) to 103inch (262cm) products which can be plugged into home network, connected to the internet or watched 3D programmes. The Company is based in Pilsen and its products are exported to all European countries and to Russia. Panasonic Corporation is a Japanese multinational electronics corporation. The Company was founded in 1918 and is the world's fourth-largest television manufacturer by market share
Panasonic AVC Networks Czech has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 114% during that time to total of CZK 534 mil in 2015, or 3.11% of sales. That’s compared to 0.437% average margin seen in last five years.
The company netted CZK 277 mil in 2015 implying ROE of 4.02% and ROCE of 17.2%. Again, the average figures were 11.2% and -12.4%, respectively when looking at the previous 5 years.
Panasonic AVC Networks Czech’s net debt amounted to CZK -15.6 mil at the end of 2015, or -0.003 of equity. When compared to EBITDA, net debt was -0.029x, up when compared to average of -1.35x seen in the last 5 years.
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