By Helgi Library - April 2, 2020
Sellier & Bellot's total assets reached CZK 9,475 mil at the end of 2017, up 164% compared to the previous year. ...
By Helgi Library - April 2, 2020
Sellier & Bellot's total assets reached CZK 9,475 mil at the end of 2017, up 164% compared to the previous year. ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Sales | CZK mil | 3,469 | 3,884 | 4,524 |
| Gross Profit | CZK mil | 1,045 | 1,279 | 1,177 |
| EBITDA | CZK mil | 1,252 | 1,326 | 1,392 |
| EBIT | CZK mil | 1,102 | 1,136 | 1,169 |
| Financing Cost | CZK mil | 46.2 | -30.9 | 518 |
| Pre-Tax Profit | CZK mil | 1,056 | 1,167 | 651 |
| Net Profit | CZK mil | 882 | 1,031 | 573 |
| Dividends | CZK mil | 569 | 496 | ... |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Total Assets | CZK mil | 3,080 | 3,589 | 9,475 |
| Non-Current Assets | CZK mil | 1,594 | 1,958 | 7,222 |
| Current Assets | CZK mil | 1,479 | 1,615 | 2,172 |
| Working Capital | CZK mil | 1,141 | 1,429 | 1,650 |
| Shareholders' Equity | CZK mil | 2,498 | 2,944 | 3,070 |
| Liabilities | CZK mil | 582 | 645 | 6,406 |
| Total Debt | CZK mil | 252 | 314 | 6,052 |
| Net Debt | CZK mil | 17.6 | 246 | 5,659 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 39.8 | 37.9 | 19.0 |
| ROCE | % | 35.5 | 33.7 | 9.34 |
| Gross Margin | % | 30.1 | 32.9 | 26.0 |
| EBITDA Margin | % | 36.1 | 34.1 | 30.8 |
| EBIT Margin | % | 31.8 | 29.3 | 25.8 |
| Net Margin | % | 25.4 | 26.5 | 12.7 |
| Net Debt/EBITDA | 0.014 | 0.186 | 4.07 | |
| Net Debt/Equity | % | 0.704 | 8.35 | 184 |
| Cost of Financing | % | 18.6 | -10.9 | 16.3 |
| Cash Flow | 2015 | 2016 | 2017 | |
| Total Cash From Operations | CZK mil | 895 | 954 | 748 |
| Total Cash From Investing | CZK mil | -435 | -540 | -5,771 |
| Total Cash From Financing | CZK mil | -365 | -578 | 5,348 |
| Net Change In Cash | CZK mil | 95.0 | -164 | 325 |
| Cash Conversion Cycle | days | 145 | 165 | 155 |
| Cash Earnings | CZK mil | 1,032 | 1,220 | 795 |
| Free Cash Flow | CZK mil | 460 | 414 | -5,023 |
Get all company financials in excel:
| summary | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||
| Sales | CZK mil | ... | 2,053 | 2,328 | 2,844 | 3,468 | 3,469 | ||||||
| Gross Profit | CZK mil | ... | 759 | 898 | 1,145 | 1,419 | 1,045 | ||||||
| EBIT | CZK mil | ... | 274 | 389 | 482 | 740 | 1,102 | ||||||
| Net Profit | CZK mil | ... | 191 | 311 | 428 | 660 | 882 | ||||||
| ROE | % | ... | 19.6 | 29.3 | 36.7 | 41.2 | 39.8 | ||||||
| EBIT Margin | % | ... | 13.3 | 16.7 | 17.0 | 21.3 | 31.8 | ||||||
| Net Margin | % | ... | 9.32 | 13.4 | 15.0 | 19.0 | 25.4 | ||||||
| Employees | ... | 1,181 | 1,158 | 1,328 | 1,398 | 1,443 | |||||||
| balance sheet | |||||||||||||
| Total Assets | CZK mil | ... | 1,491 | 1,363 | 1,856 | 2,505 | 3,080 | ||||||
| Non-Current Assets | CZK mil | ... | 730 | 720 | 910 | 1,300 | 1,594 | ||||||
| Current Assets | CZK mil | ... | 758 | 637 | 941 | 1,200 | 1,479 | ||||||
| Shareholders' Equity | CZK mil | ... | 1,059 | 1,063 | 1,267 | 1,936 | 2,498 | ||||||
| Liabilities | CZK mil | ... | 432 | 300 | 589 | 569 | 582 | ||||||
| Non-Current Liabilities | CZK mil | ... | 65.5 | 53.2 | 51.4 | 60.0 | 75.3 | ||||||
| Current Liabilities | CZK mil | ... | 133 | 77.3 | 328 | 282 | 426 | ||||||
| Net Debt/EBITDA | ... | 0.478 | 0.301 | 0.457 | 0.125 | 0.014 | |||||||
| Net Debt/Equity | % | ... | 15.9 | 13.3 | 20.4 | 5.45 | 0.704 | ||||||
| Cost of Financing | % | ... | ... | 21.6 | 16.0 | -17.0 | -25.3 | 18.6 | |||||
| cash flow | |||||||||||||
| Total Cash From Operations | CZK mil | ... | 56.0 | 447 | 351 | 654 | 895 | ||||||
| Total Cash From Investing | CZK mil | ... | -70.7 | -78.0 | -268 | -486 | -435 | ||||||
| Total Cash From Financing | CZK mil | ... | 8.76 | -386 | -23.6 | -98.2 | -365 | ||||||
| Net Change In Cash | CZK mil | ... | -5.91 | -16.7 | 59.0 | 69.5 | 95.0 |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||
| Sales | CZK mil | ... | 2,053 | 2,328 | 2,844 | 3,468 | 3,469 | ||||||
| Cost of Goods & Services | CZK mil | ... | 1,294 | 1,430 | 1,700 | 2,048 | 2,425 | ||||||
| Gross Profit | CZK mil | ... | 759 | 898 | 1,145 | 1,419 | 1,045 | ||||||
| Staff Cost | CZK mil | ... | 415 | 438 | 515 | 552 | 593 | ||||||
| Other Cost | CZK mil | ... | -8.49 | -10.1 | 65.3 | 21.2 | -800 | ||||||
| EBITDA | CZK mil | ... | 352 | 470 | 564 | 846 | 1,252 | ||||||
| Depreciation | CZK mil | ... | 78.2 | 81.7 | 81.7 | 106 | 150 | ||||||
| EBIT | CZK mil | ... | 274 | 389 | 482 | 740 | 1,102 | ||||||
| Financing Cost | CZK mil | ... | 41.5 | 27.8 | -40.9 | -72.5 | 46.2 | ||||||
| Extraordinary Cost | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | CZK mil | ... | 232 | 361 | 523 | 812 | 1,056 | ||||||
| Tax | CZK mil | ... | 40.7 | 49.8 | 95.4 | 152 | 173 | ||||||
| Minorities | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | CZK mil | ... | 191 | 311 | 428 | 660 | 882 | ||||||
| Dividends | CZK mil | 345 | 200 | 199 | 365 | 569 | ... | ||||||
| growth rates | |||||||||||||
| Total Revenue Growth | % | ... | ... | 2.26 | 13.4 | 22.2 | 21.9 | 0.050 | |||||
| Operating Cost Growth | % | ... | ... | -4.70 | 5.21 | 35.6 | -1.29 | -136 | |||||
| EBITDA Growth | % | ... | ... | -5.92 | 33.7 | 19.9 | 50.1 | 48.0 | |||||
| EBIT Growth | % | ... | ... | -5.84 | 42.0 | 24.1 | 53.5 | 48.9 | |||||
| Pre-Tax Profit Growth | % | ... | ... | -25.3 | 55.4 | 45.0 | 55.3 | 30.0 | |||||
| Net Profit Growth | % | ... | ... | -24.1 | 62.4 | 37.6 | 54.3 | 33.7 | |||||
| ratios | |||||||||||||
| ROE | % | ... | 19.6 | 29.3 | 36.7 | 41.2 | 39.8 | ||||||
| ROCE | % | ... | ... | 14.7 | 23.5 | 28.9 | 33.7 | 35.5 | |||||
| Gross Margin | % | ... | 37.0 | 38.6 | 40.2 | 40.9 | 30.1 | ||||||
| EBITDA Margin | % | ... | 17.1 | 20.2 | 19.8 | 24.4 | 36.1 | ||||||
| EBIT Margin | % | ... | 13.3 | 16.7 | 17.0 | 21.3 | 31.8 | ||||||
| Net Margin | % | ... | 9.32 | 13.4 | 15.0 | 19.0 | 25.4 | ||||||
| Payout Ratio | % | ... | 180 | 64.5 | 46.4 | 55.2 | 64.4 | ... | |||||
| Cost of Financing | % | ... | ... | 21.6 | 16.0 | -17.0 | -25.3 | 18.6 | |||||
| Net Debt/EBITDA | ... | 0.478 | 0.301 | 0.457 | 0.125 | 0.014 |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||||||||
| Non-Current Assets | CZK mil | ... | 730 | 720 | 910 | 1,300 | 1,594 | ||||||
| Property, Plant & Equipment | CZK mil | ... | 707 | 702 | 898 | 1,275 | 1,564 | ||||||
| Intangible Assets | CZK mil | ... | 5.43 | 4.47 | 2.80 | 5.23 | 5.55 | ||||||
| Current Assets | CZK mil | ... | 758 | 637 | 941 | 1,200 | 1,479 | ||||||
| Inventories | CZK mil | ... | 334 | 346 | 516 | 544 | 663 | ||||||
| Receivables | CZK mil | ... | 336 | 245 | 327 | 490 | 581 | ||||||
| Cash & Cash Equivalents | CZK mil | ... | 27.9 | 11.2 | 70.2 | 140 | 235 | ||||||
| Total Assets | CZK mil | ... | 1,491 | 1,363 | 1,856 | 2,505 | 3,080 | ||||||
| Shareholders' Equity | CZK mil | ... | 1,059 | 1,063 | 1,267 | 1,936 | 2,498 | ||||||
| Of Which Minority Interest | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | CZK mil | ... | 432 | 300 | 589 | 569 | 582 | ||||||
| Non-Current Liabilities | CZK mil | ... | 65.5 | 53.2 | 51.4 | 60.0 | 75.3 | ||||||
| Long-Term Debt | CZK mil | ... | 3.80 | 1.82 | 0.014 | 0.014 | 0 | ||||||
| Deferred Tax Liabilities | CZK mil | ... | 61.7 | 51.4 | 51.4 | 60.0 | 75.3 | ||||||
| Current Liabilities | CZK mil | ... | 133 | 77.3 | 328 | 282 | 426 | ||||||
| Short-Term Debt | CZK mil | ... | 192 | 151 | 328 | 245 | 252 | ||||||
| Trade Payables | CZK mil | ... | 32.7 | 31.4 | 73.6 | 91.4 | 103 | ||||||
| Provisions | CZK mil | ... | 36.9 | 16.7 | 74.0 | 95.8 | 73.2 | ||||||
| Equity And Liabilities | CZK mil | ... | 1,491 | 1,363 | 1,856 | 2,505 | 3,080 | ||||||
| growth rates | |||||||||||||
| Total Asset Growth | % | ... | ... | 3.86 | -8.59 | 36.2 | 35.0 | 23.0 | |||||
| Shareholders' Equity Growth | % | ... | ... | 18.7 | 0.325 | 19.2 | 52.8 | 29.0 | |||||
| Net Debt Growth | % | ... | ... | 8.61 | -15.8 | 82.2 | -59.1 | -83.3 | |||||
| Total Debt Growth | % | ... | ... | 3.93 | -22.1 | 115 | -25.2 | 2.87 | |||||
| ratios | |||||||||||||
| Total Debt | CZK mil | ... | 196 | 153 | 328 | 245 | 252 | ||||||
| Net Debt | CZK mil | ... | 168 | 141 | 258 | 106 | 17.6 | ||||||
| Working Capital | CZK mil | ... | 637 | 559 | 770 | 943 | 1,141 | ||||||
| Capital Employed | CZK mil | ... | 1,367 | 1,279 | 1,680 | 2,243 | 2,734 | ||||||
| Net Debt/Equity | % | ... | 15.9 | 13.3 | 20.4 | 5.45 | 0.704 | ||||||
| Cost of Financing | % | ... | ... | 21.6 | 16.0 | -17.0 | -25.3 | 18.6 |
| cash flow | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| cash flow | |||||||||||||
| Net Profit | CZK mil | ... | 191 | 311 | 428 | 660 | 882 | ||||||
| Depreciation | CZK mil | ... | 78.2 | 81.7 | 81.7 | 106 | 150 | ||||||
| Non-Cash Items | CZK mil | ... | ... | -89.0 | -23.5 | 52.0 | 61.1 | 59.8 | |||||
| Change in Working Capital | CZK mil | ... | ... | -125 | 78.4 | -211 | -174 | -197 | |||||
| Total Cash From Operations | CZK mil | ... | 56.0 | 447 | 351 | 654 | 895 | ||||||
| Capital Expenditures | CZK mil | ... | -70.7 | -78.0 | -268 | -486 | -437 | ||||||
| Other Investments | CZK mil | ... | 0 | 0 | 0 | 0 | 1.25 | ||||||
| Total Cash From Investing | CZK mil | ... | -70.7 | -78.0 | -268 | -486 | -435 | ||||||
| Dividends Paid | CZK mil | 0 | -345 | -200 | -199 | -365 | |||||||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | ||
| Issuance Of Debt | CZK mil | ... | ... | 7.41 | -43.3 | 175 | -82.7 | 7.05 | |||||
| Total Cash From Financing | CZK mil | ... | 8.76 | -386 | -23.6 | -98.2 | -365 | ||||||
| Net Change In Cash | CZK mil | ... | -5.91 | -16.7 | 59.0 | 69.5 | 95.0 | ||||||
| ratios | |||||||||||||
| Days Sales Outstanding | days | ... | 59.8 | 38.4 | 42.0 | 51.6 | 61.1 | ||||||
| Days Sales Of Inventory | days | ... | 94.1 | 88.3 | 111 | 97.0 | 99.8 | ||||||
| Days Payable Outstanding | days | ... | 9.24 | 8.02 | 15.8 | 16.3 | 15.6 | ||||||
| Cash Conversion Cycle | days | ... | 145 | 119 | 137 | 132 | 145 | ||||||
| Cash Earnings | CZK mil | ... | 270 | 393 | 509 | 766 | 1,032 | ||||||
| Free Cash Flow | CZK mil | ... | -14.7 | 369 | 82.5 | 168 | 460 |
| other data | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||
| ROA | % | ... | 13.1 | 21.8 | 26.6 | 30.3 | 31.6 | ||||||
| Gross Margin | % | ... | 37.0 | 38.6 | 40.2 | 40.9 | 30.1 | ||||||
| Employees | ... | 1,181 | 1,158 | 1,328 | 1,398 | 1,443 | |||||||
| Cost Per Employee | USD per month | ... | 1,657 | 1,612 | 1,653 | 1,540 | 1,435 | ||||||
| Cost Per Employee (Local Currency) | CZK per month | ... | 29,311 | 31,533 | 32,345 | 32,907 | 34,247 | ||||||
| Staff Cost (As % Of Total Cost) | % | ... | 23.3 | 22.6 | 21.8 | 20.2 | 25.0 | ||||||
| Effective Tax Rate | % | ... | 17.5 | 13.8 | 18.2 | 18.7 | 16.4 | ||||||
| Domestic Sales | CZK mil | ... | 770 | 780 | 866 | 996 | 648 | ||||||
| Capital Expenditures (As % of Sales) | % | ... | 3.45 | 3.35 | 9.43 | 14.0 | 12.6 | ||||||
| Revenues From Abroad | CZK mil | ... | 1,125 | 1,419 | 1,464 | 1,809 | 2,821 | ||||||
| Revenues From Abroad (As % Of Total) | % | ... | 54.8 | 60.9 | 51.5 | 52.2 | 81.3 |
Get all company financials in excel:
Sellier & Bellot, a.s. is a Czech Republic-based manufacturer of pistol and revolver, rifle, and shotgun ammunition for hunting and sports. The Company offers pistols and revolver ammunition, including pistol and revolver cartridges, Nontox cartridges, and bullets; rifle ammunition; shotgun shells, such as hunting and sporting shotgun shells, special shotgun shells, and table of shots; Rimfire ammunition and nail cartridges; Centerfire caps; components, including cases, bullets, and primers; law enforcement products; pyrotechnic products, including detonators; and cartridge boards. The Company also manufactures special products for the armed forces. The Company was founded in 1825 and is based in Vlasim, Czech Republic.
Sellier & Bellot has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 24.2% a year during that time to total of CZK 1,392 mil in 2017, or 30.8% of sales. That’s compared to 29.0% average margin seen in last five years.
The company netted CZK 573 mil in 2017 implying ROE of 19.0% and ROCE of 9.34%. Again, the average figures were 34.9% and 28.2%, respectively when looking at the previous 5 years.
Sellier & Bellot’s net debt amounted to CZK 5,659 mil at the end of 2017, or 184% of equity. When compared to EBITDA, net debt was 4.07x, up when compared to average of 0.969x seen in the last 5 years.
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