CS Cargo

Profit Statement 2013 2014 2015
Sales CZK mil 2,632 2,674 2,757
Gross Profit CZK mil 404 473 522
EBITDA CZK mil -7.76 103 111
EBIT CZK mil -72.9 39.4 46.7
Financing Cost CZK mil 194 45.9 29.4
Pre-Tax Profit CZK mil -267 1.48 12.0
Net Profit CZK mil -291 -18.5 1.41
Balance Sheet 2013 2014 2015
Total Assets CZK mil 1,640 1,611 1,559
Non-Current Assets CZK mil 943 860 813
Current Assets CZK mil 674 659 629
Working Capital CZK mil -2.94 44.4 62.9
Shareholders' Equity CZK mil 113 94.3 95.7
Liabilities CZK mil 1,527 1,517 1,463
Total Debt CZK mil 908 935 208
Net Debt CZK mil 895 924 194
Ratios 2013 2014 2015
ROE % -269 -17.9 1.48
ROCE % -29.9 -2.01 0.158
Gross Margin % 15.3 17.7 18.9
EBITDA Margin % -0.295 3.84 4.01
EBIT Margin % -2.77 1.47 1.69
Net Margin % -11.1 -0.692 0.051
Net Debt/EBITDA -115 9.01 1.76
Net Debt/Equity 7.94 9.80 2.03
Cost of Financing % 18.5 4.98 5.15
Cash Flow 2013 2014 2015
Total Cash From Operations CZK mil -126 19.7 39.8
Total Cash From Investing CZK mil -44.0 16.7 -16.9
Total Cash From Financing CZK mil 164 -37.9 -20.3
Net Change In Cash CZK mil -6.39 -1.49 2.58
Cash Conversion Cycle days -11.2 -6.43 -4.17
Cash Earnings CZK mil -226 44.7 65.4
Free Cash Flow CZK mil -170 36.4 22.9

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015
income statement                  
Sales CZK mil     3,453 3,744 3,501 2,992 2,632    
Gross Profit CZK mil     470 522 507 433 404    
EBIT CZK mil     -97.5 -267 -110 45.1 -72.9    
Net Profit CZK mil     -117 -296 -200 -30.0 -291    
ROE %     50.3 106 302 -25.2 -269    
EBIT Margin %     -2.82 -7.12 -3.14 1.51 -2.77    
Net Margin %     -3.37 -7.90 -5.71 -1.00 -11.1    
Employees     1,804 1,747 1,510 1,327 1,172    
balance sheet                  
Total Assets CZK mil     1,810 1,797 2,106 1,953 1,640    
Non-Current Assets CZK mil     779 693 628 1,093 943    
Current Assets CZK mil     995 1,073 1,458 837 674    
Shareholders' Equity CZK mil     -290 -266 134 104 113    
Liabilities CZK mil     2,101 2,064 1,972 1,849 1,527    
Non-Current Liabilities CZK mil     270 28.8 570 559 166    
Current Liabilities CZK mil     521 740 1,333 592 561    
Net Debt/EBITDA     -46.2 -5.84 -22.6 11.5 -115    
Net Debt/Equity     -4.98 -4.49 8.82 11.3 7.94    
Cost of Financing % ...   5.43 6.69 7.39 3.14 18.5    
cash flow                  
Total Cash From Operations CZK mil     -434 -41.0 12.8 83.3 -126    
Total Cash From Investing CZK mil     68.0 -40.9 23.8 -35.7 -44.0    
Total Cash From Financing CZK mil     304 47.3 -17.9 -63.0 164    
Net Change In Cash CZK mil     -61.4 -34.6 18.7 -15.4 -6.39    
income statement Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015
income statement                  
Sales CZK mil     3,453 3,744 3,501 2,992 2,632    
Cost of Goods & Services CZK mil     2,983 3,222 2,994 2,559 2,228    
Gross Profit CZK mil     470 522 507 433 404    
Staff Cost CZK mil     568 583 539 459 381    
Other Cost CZK mil     -66.3 143 20.7 -128 30.4    
EBITDA CZK mil     -31.3 -205 -52.4 102 -7.76    
Depreciation CZK mil     66.2 61.8 57.6 57.1 65.2    
EBIT CZK mil     -97.5 -267 -110 45.1 -72.9    
Financing Cost CZK mil     75.9 90.5 89.8 37.9 194    
Extraordinary Cost CZK mil     0 0 0 -0.393 -0.132    
Pre-Tax Profit CZK mil     -173 -357 -200 7.67 -267    
Tax CZK mil     -56.8 -61.1 0 37.7 24.3    
Minorities CZK mil     0 0 0 0 0    
Net Profit CZK mil     -117 -296 -200 -30.0 -291    
growth rates                  
Total Revenue Growth % ...   -23.0 8.43 -6.49 -14.5 -12.0    
Operating Cost Growth % ...   -46.3 44.9 -23.0 -40.8 24.2    
EBITDA Growth % ...   -86.5 554 -74.4 -295 -108    
EBIT Growth % ...   -67.2 174 -58.7 -141 -262    
Pre-Tax Profit Growth % ...   -55.1 106 -44.1 -104 -3,579    
Net Profit Growth % ...   -68.9 154 -32.5 -85.0 871    
ratios                  
ROE %     50.3 106 302 -25.2 -269    
ROCE % ...   -10.6 -29.8 -27.1 -3.60 -29.9    
Gross Margin %     13.6 13.9 14.5 14.5 15.3    
EBITDA Margin %     -0.906 -5.47 -1.50 3.42 -0.295    
EBIT Margin %     -2.82 -7.12 -3.14 1.51 -2.77    
Net Margin %     -3.37 -7.90 -5.71 -1.00 -11.1    
Cost of Financing % ...   5.43 6.69 7.39 3.14 18.5    
Net Debt/EBITDA     -46.2 -5.84 -22.6 11.5 -115    
balance sheet Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015
balance sheet                  
Non-Current Assets CZK mil     779 693 628 1,093 943    
Property, Plant & Equipment CZK mil     698 649 593 572 522    
Intangible Assets CZK mil     2.67 0.441 0.335 1.52 9.04    
Goodwill CZK mil     0 0 0 0 0    
Current Assets CZK mil     995 1,073 1,458 837 674    
Inventories CZK mil     12.8 10.8 7.86 8.18 7.53    
Receivables CZK mil     757 703 546 400 428    
Cash & Cash Equivalents CZK mil     50.3 15.7 34.4 19.0 12.6    
Total Assets CZK mil     1,810 1,797 2,106 1,953 1,640    
Shareholders' Equity CZK mil     -290 -266 134 104 113    
Of Which Minority Interest CZK mil     0 0 0 0 0    
Liabilities CZK mil     2,101 2,064 1,972 1,849 1,527    
Non-Current Liabilities CZK mil     270 28.8 570 559 166    
Long-Term Debt CZK mil     1,439 28.8 570 1,031 692    
Deferred Tax Liabilities CZK mil     0 0 0 0 0    
Current Liabilities CZK mil     521 740 1,333 592 561    
Short-Term Debt CZK mil     56.1 1,184 647 160 216    
Trade Payables CZK mil     379 587 526 494 439    
Provisions CZK mil     45.1 39.8 28.4 43.3 35.3    
Equity And Liabilities CZK mil     1,810 1,797 2,106 1,953 1,640    
growth rates                  
Total Asset Growth % ...   -4.17 -0.721 17.2 -7.26 -16.0    
Shareholders' Equity Growth % ...   67.2 -8.21 -150 -22.4 8.45    
Net Debt Growth % ...   21.6 -17.2 -1.21 -0.844 -23.7    
Total Debt Growth % ...   14.9 -18.9 0.347 -2.08 -23.8    
ratios                  
Total Debt CZK mil     1,495 1,212 1,217 1,191 908    
Net Debt CZK mil     1,445 1,197 1,182 1,172 895    
Working Capital CZK mil     391 127 28.4 -85.7 -2.94    
Capital Employed CZK mil     1,170 820 657 1,007 940    
Net Debt/Equity     -4.98 -4.49 8.82 11.3 7.94    
Cost of Financing % ...   5.43 6.69 7.39 3.14 18.5    
cash flow Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015
cash flow                  
Net Profit CZK mil     -117 -296 -200 -30.0 -291    
Depreciation CZK mil     66.2 61.8 57.6 57.1 65.2    
Non-Cash Items CZK mil ...   -394 -71.2 56.7 -57.9 183    
Change in Working Capital CZK mil ...   10.7 264 98.2 114 -82.7    
Total Cash From Operations CZK mil     -434 -41.0 12.8 83.3 -126    
Capital Expenditures CZK mil     -76.6 -34.6 -34.6 -42.2 -70.7    
Other Investments CZK mil     145 -6.30 58.4 6.53 26.7    
Total Cash From Investing CZK mil     68.0 -40.9 23.8 -35.7 -44.0    
Issuance Of Debt CZK mil ...   194 -282 4.21 -25.4 -284    
Total Cash From Financing CZK mil     304 47.3 -17.9 -63.0 164    
Net Change In Cash CZK mil     -61.4 -34.6 18.7 -15.4 -6.39    
ratios                  
Days Sales Outstanding days     80.0 68.5 57.0 48.8 59.4    
Days Sales Of Inventory days     1.57 1.23 0.958 1.17 1.23    
Days Payable Outstanding days     46.4 66.5 64.1 70.4 71.9    
Cash Conversion Cycle days     35.2 3.25 -6.18 -20.5 -11.2    
Cash Earnings CZK mil     -50.4 -234 -142 27.1 -226    
Free Cash Flow CZK mil     -366 -81.9 36.6 47.6 -170    
other data Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015
other data                  
ROA %     -6.30 -16.4 -10.2 -1.48 -16.2    
Gross Margin %     13.6 13.9 14.5 14.5 15.3    
Employees     1,804 1,747 1,510 1,327 1,172    
Cost Per Employee USD per month     1,376 1,456 1,680 1,474 1,385    
Cost Per Employee (Local Currency) CZK per month     26,231 27,820 29,721 28,822 27,088    
Staff Cost (As % Of Total Cost) %     16.0 14.5 14.9 15.6 14.1    
Effective Tax Rate %     32.8 17.1 0 491 -9.10    
Sales from Transport CZK mil     3,148 3,466 2,308 2,045 2,288    
Sales from Storage Services CZK mil     157 169 202 173 186    
Domestic Sales CZK mil     1,159 1,190 1,194 896 707    
Capital Expenditures (As % of Sales) %     2.22 0.925 0.988 1.41 2.69    
Revenues From Abroad CZK mil     2,254 2,525 2,308 2,045 1,825    
Revenues From Abroad (As % Of Total) %     65.3 67.4 65.9 68.3 69.3    

Get all company financials in excel:

Download Sample   $19.99

CS Cargo, a. s. is a Czech Republic-based logistics company which provides air, sea, and road transportation services for customers in Czech Republic and European Union. The Company offers logistics and warehousing services, including customs clearance, container transportation, and project cargo services. It serves customer in automotive and tires, consumer and retail, food and beverage, construction, paper and packing, electronics, and industrial sectors. The Company was founded in 1995 and is based in Jicin, the Czech Republic. CS Cargo, a. s. operates as a subsidiary of CS Cargo Holding N.V.

Finance

CS Cargo has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 154% during that time to total of CZK 111 mil in 2015, or 4.01% of sales. That’s compared to 1.89% average margin seen in last five years.

The company netted CZK 1.41 mil in 2015 implying ROE of 1.48% and ROCE of 0.158%. Again, the average figures were -1.64% and -12.5%, respectively when looking at the previous 5 years.

CS Cargo’s net debt amounted to CZK 194 mil at the end of 2015, or 2.03 of equity. When compared to EBITDA, net debt was 1.76x, up when compared to average of -23.1x seen in the last 5 years.