By Helgi Analytics - April 2, 2020
Inventec Czech Republic's total assets reached CZK 11,495 mil at the end of 2017, down 3.49% compared to the previous year. ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Sales | 27,467 | 27,641 | 29,479 | |
| Gross Profit | CZK mil | 429 | 102 | -82.0 |
| EBITDA | 160 | 86.1 | -364 | |
| EBIT | 153 | 83.1 | -371 | |
| Financing Cost | CZK mil | 142 | 70.5 | -285 |
| Pre-Tax Profit | CZK mil | 10.8 | 12.6 | -85.7 |
| Net Profit | CZK mil | 8.36 | 9.92 | -88.6 |
| Dividends | CZK mil | 0 | 0 | ... |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Total Assets | CZK mil | 6,462 | 11,911 | 11,495 |
| Non-Current Assets | CZK mil | 6.23 | 34.0 | 74.5 |
| Current Assets | CZK mil | 6,449 | 11,871 | 11,421 |
| Working Capital | CZK mil | 191 | -26.9 | 315 |
| Shareholders' Equity | CZK mil | 107 | 117 | 28.4 |
| Liabilities | CZK mil | 6,355 | 11,794 | 11,467 |
| Total Debt | CZK mil | 0.149 | 0.154 | 0.128 |
| Net Debt | CZK mil | -213 | -338 | -8.57 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 8.12 | 8.85 | -122 |
| ROCE | % | -36.4 | 9.71 | -44.8 |
| Gross Margin | % | 1.56 | 0.368 | -0.278 |
| EBITDA Margin | % | 0.583 | 0.311 | -1.23 |
| EBIT Margin | % | 0.558 | 0.301 | -1.26 |
| Net Margin | % | 0.030 | 0.036 | -0.301 |
| Net Debt/EBITDA | -1.33 | -3.93 | 0.024 | |
| Net Debt/Equity | % | -199 | -289 | -30.2 |
| Cost of Financing | % | 99,587 | 46,515 | -202,279 |
| Cash Flow | 2015 | 2016 | 2017 | |
| Total Cash From Operations | CZK mil | ... | 155 | -282 |
| Total Cash From Investing | CZK mil | ... | -30.7 | -47.7 |
| Total Cash From Financing | CZK mil | ... | 0.005 | -0.026 |
| Net Change In Cash | CZK mil | ... | 124 | -329 |
| Cash Conversion Cycle | days | 1.56 | -0.833 | 4.21 |
| Cash Earnings | CZK mil | 15.2 | 12.9 | -81.4 |
| Free Cash Flow | CZK mil | ... | 124 | -329 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Sales | 17,090 | 18,771 | 18,373 | 22,396 | 27,467 | |||||||
| Gross Profit | CZK mil | 63.7 | 28.7 | 140 | 241 | 429 | ||||||
| EBIT | -74.8 | -91.2 | 1.22 | 133 | 153 | |||||||
| Net Profit | CZK mil | 13.7 | 12.2 | 10.4 | 10.6 | 8.36 | ||||||
| ROE | % | 23.4 | 17.0 | 12.5 | 11.3 | 8.12 | ||||||
| EBIT Margin | % | -0.438 | -0.486 | 0.007 | 0.592 | 0.558 | ||||||
| Net Margin | % | 0.080 | 0.065 | 0.056 | 0.047 | 0.030 | ||||||
| Employees | 353 | 336 | 305 | 287 | 286 | |||||||
| balance sheet | ||||||||||||
| Total Assets | CZK mil | 3,788 | 4,264 | 3,917 | 6,360 | 6,462 | ||||||
| Non-Current Assets | CZK mil | 25.2 | 20.2 | 15.9 | 11.6 | 6.23 | ||||||
| Current Assets | CZK mil | 3,757 | 4,238 | 3,895 | 6,342 | 6,449 | ||||||
| Shareholders' Equity | CZK mil | 65.6 | 77.8 | 88.2 | 98.7 | 107 | ||||||
| Liabilities | CZK mil | 3,723 | 4,186 | 3,829 | 6,261 | 6,355 | ||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0.119 | 0.137 | 0.149 | ||||||
| Current Liabilities | CZK mil | 3,717 | 4,183 | 3,821 | 6,256 | 6,350 | ||||||
| Net Debt/EBITDA | 4.18 | 3.85 | -19.9 | -2.38 | -1.33 | |||||||
| Net Debt/Equity | % | -428 | -419 | -168 | -335 | -199 | ||||||
| Cost of Financing | % | ... | -75,704 | -90,189 | -9,995 | 93,156 | 99,587 | |||||
| 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 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Sales | 17,090 | 18,771 | 18,373 | 22,396 | 27,467 | |||||||
| Cost of Goods & Services | CZK mil | 17,026 | 18,742 | 18,233 | 22,155 | 27,038 | ||||||
| Gross Profit | CZK mil | 63.7 | 28.7 | 140 | 241 | 429 | ||||||
| Staff Cost | CZK mil | 124 | 121 | 112 | 107 | 109 | ||||||
| Other Cost | CZK mil | 7.03 | -7.59 | 20.4 | -4.36 | 160 | ||||||
| EBITDA | -67.2 | -84.7 | 7.45 | 139 | 160 | |||||||
| Depreciation | CZK mil | 7.64 | 6.54 | 6.22 | 6.34 | 6.86 | ||||||
| EBIT | -74.8 | -91.2 | 1.22 | 133 | 153 | |||||||
| Financing Cost | CZK mil | -88.2 | -106 | -11.6 | 119 | 142 | ||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | CZK mil | 13.4 | 14.3 | 12.9 | 13.4 | 10.8 | ||||||
| Tax | CZK mil | -0.338 | 2.11 | 2.49 | 2.82 | 2.42 | ||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | CZK mil | 13.7 | 12.2 | 10.4 | 10.6 | 8.36 | ||||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 0 | ... | |
| growth rates | ||||||||||||
| Total Revenue Growth | % | ... | 1.07 | 9.83 | -2.12 | 21.9 | 22.6 | |||||
| Operating Cost Growth | % | ... | 64.1 | -13.3 | 16.7 | -22.7 | 163 | |||||
| EBITDA Growth | % | ... | -156 | 26.0 | -109 | 1,767 | 15.2 | |||||
| EBIT Growth | % | ... | -168 | 21.9 | -101 | 10,755 | 15.5 | |||||
| Pre-Tax Profit Growth | % | ... | -31.3 | 6.97 | -10.1 | 4.19 | -19.6 | |||||
| Net Profit Growth | % | ... | -40.9 | -11.0 | -15.0 | 2.07 | -21.0 | |||||
| ratios | ||||||||||||
| ROE | % | 23.4 | 17.0 | 12.5 | 11.3 | 8.12 | ||||||
| ROCE | % | ... | -6.84 | -4.13 | -5.23 | -6.79 | -36.4 | |||||
| Gross Margin | % | 0.372 | 0.153 | 0.761 | 1.08 | 1.56 | ||||||
| EBITDA Margin | % | -0.393 | -0.451 | 0.041 | 0.621 | 0.583 | ||||||
| EBIT Margin | % | -0.438 | -0.486 | 0.007 | 0.592 | 0.558 | ||||||
| Net Margin | % | 0.080 | 0.065 | 0.056 | 0.047 | 0.030 | ||||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | 0 | ... | |
| Cost of Financing | % | ... | -75,704 | -90,189 | -9,995 | 93,156 | 99,587 | |||||
| Net Debt/EBITDA | 4.18 | 3.85 | -19.9 | -2.38 | -1.33 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||
| Non-Current Assets | CZK mil | 25.2 | 20.2 | 15.9 | 11.6 | 6.23 | ||||||
| Property, Plant & Equipment | CZK mil | 25.2 | 20.2 | 15.9 | 11.6 | 6.23 | ||||||
| Intangible Assets | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Goodwill | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 0 | ||
| Current Assets | CZK mil | 3,757 | 4,238 | 3,895 | 6,342 | 6,449 | ||||||
| Inventories | CZK mil | 710 | 1,088 | 893 | 1,584 | 1,413 | ||||||
| Receivables | CZK mil | 2,696 | 2,714 | 2,821 | 4,385 | 4,823 | ||||||
| Cash & Cash Equivalents | CZK mil | 281 | 326 | 148 | 331 | 214 | ||||||
| Total Assets | CZK mil | 3,788 | 4,264 | 3,917 | 6,360 | 6,462 | ||||||
| Shareholders' Equity | CZK mil | 65.6 | 77.8 | 88.2 | 98.7 | 107 | ||||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | CZK mil | 3,723 | 4,186 | 3,829 | 6,261 | 6,355 | ||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0.119 | 0.137 | 0.149 | ||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0.119 | 0.137 | 0.149 | ||||||
| Deferred Tax Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Current Liabilities | CZK mil | 3,717 | 4,183 | 3,821 | 6,256 | 6,350 | ||||||
| Short-Term Debt | CZK mil | 0.120 | 0.114 | 0 | 0 | 0 | ||||||
| Trade Payables | CZK mil | 3,693 | 4,150 | 3,799 | 6,223 | 6,044 | ||||||
| Provisions | CZK mil | 5.23 | 3.46 | 6.89 | 5.12 | 4.10 | ||||||
| Equity And Liabilities | CZK mil | 3,788 | 4,264 | 3,917 | 6,360 | 6,462 | ||||||
| growth rates | ||||||||||||
| Total Asset Growth | % | ... | -3.20 | 12.6 | -8.14 | 62.4 | 1.59 | |||||
| Shareholders' Equity Growth | % | ... | 26.4 | 18.6 | 13.3 | 12.0 | 8.47 | |||||
| Net Debt Growth | % | ... | 102 | 16.2 | -54.5 | 123 | -35.5 | |||||
| Total Debt Growth | % | ... | ... | 6.19 | -5.00 | 4.39 | 15.1 | 8.76 | ||||
| ratios | ||||||||||||
| Total Debt | CZK mil | 0.120 | 0.114 | 0.119 | 0.137 | 0.149 | ||||||
| Net Debt | CZK mil | -281 | -326 | -148 | -331 | -213 | ||||||
| Working Capital | CZK mil | -288 | -348 | -84.6 | -255 | 191 | ||||||
| Capital Employed | CZK mil | -263 | -328 | -68.7 | -243 | 197 | ||||||
| Net Debt/Equity | % | -428 | -419 | -168 | -335 | -199 | ||||||
| Cost of Financing | % | ... | -75,704 | -90,189 | -9,995 | 93,156 | 99,587 |
| cash flow | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| cash flow | ||||||||||||
| Net Profit | CZK mil | 13.7 | 12.2 | 10.4 | 10.6 | 8.36 | ||||||
| Depreciation | CZK mil | 7.64 | 6.54 | 6.22 | 6.34 | 6.86 | ||||||
| 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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| ratios | ||||||||||||
| Days Sales Outstanding | days | 57.6 | 52.8 | 56.0 | 71.5 | 64.1 | ||||||
| Days Sales Of Inventory | days | 15.2 | 21.2 | 17.9 | 26.1 | 19.1 | ||||||
| Days Payable Outstanding | days | 79.2 | 80.8 | 76.0 | 103 | 81.6 | ||||||
| Cash Conversion Cycle | days | -6.39 | -6.87 | -2.12 | -4.98 | 1.56 | ||||||
| Cash Earnings | CZK mil | 21.4 | 18.7 | 16.6 | 16.9 | 15.2 | ||||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||||
| ROA | % | 0.356 | 0.303 | 0.254 | 0.206 | 0.130 | ||||||
| Gross Margin | % | 0.372 | 0.153 | 0.761 | 1.08 | 1.56 | ||||||
| Employees | 353 | 336 | 305 | 287 | 286 | |||||||
| Cost Per Employee | USD per month | 1,653 | 1,534 | 1,563 | 1,448 | 1,330 | ||||||
| Cost Per Employee (Local Currency) | CZK per month | 29,227 | 30,010 | 30,579 | 30,948 | 31,757 | ||||||
| Staff Cost (As % Of Total Cost) | % | 0.721 | 0.642 | 0.609 | 0.479 | 0.399 | ||||||
| Effective Tax Rate | % | -2.53 | 14.7 | 19.4 | 21.0 | 22.4 | ||||||
| Domestic Sales | CZK mil | ... | ... | 1,318 | 2,463 | 3,636 | 4,828 | 6,739 | ||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Revenues From Abroad | CZK mil | ... | ... | 15,771 | 16,320 | 14,796 | 16,543 | 20,728 | ||||
| Revenues From Abroad (As % Of Total) | % | ... | ... | 92.3 | 86.9 | 80.5 | 73.9 | 75.5 |
Get all company financials in excel:
Inventec (Czech), s.r.o. is a Czech Republic-based company specialising on the production and development servers for the company Hewlett Packard.
Inventec Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 33.8% a year during that time to total of -364 in 2017, or -1.23% of sales. That’s compared to 0.064% average margin seen in last five years.
The company netted CZK -88.6 mil in 2017 implying ROE of -122% and ROCE of -44.8%. Again, the average figures were -16.2% and -16.7%, respectively when looking at the previous 5 years.
Inventec Czech Republic’s net debt amounted to CZK -8.57 mil at the end of 2017, or -30.2% of equity. When compared to EBITDA, net debt was 0.024x, up when compared to average of -5.51x seen in the last 5 years.
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