By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic made a net profit of CZK 121 mil with revenues of CZK 12,741 mil in 2019, down by 81.8...
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic employed 1,959 employees in 2019, down 2.73% compared to the previous year. Histo...
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic made a net profit of CZK 121 mil with revenues of CZK 12,741 mil in 2019, down by 81.8% a...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | CZK mil | 16,162 | 12,844 | 12,741 |
| Gross Profit | CZK mil | 3,537 | 3,557 | 3,535 |
| EBITDA | CZK mil | 2,168 | 1,276 | 751 |
| EBIT | CZK mil | 1,659 | 739 | 120 |
| Pre-Tax Profit | CZK mil | 1,766 | 816 | 170 |
| Net Profit | CZK mil | 1,505 | 661 | 121 |
| Dividends | CZK mil | ... | ... | ... |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | CZK mil | 6,510 | 5,563 | 5,971 |
| Non-Current Assets | CZK mil | 2,423 | 2,512 | 3,050 |
| Current Assets | CZK mil | 3,982 | 2,959 | 2,749 |
| Working Capital | CZK mil | 2,615 | 1,572 | 1,222 |
| Shareholders' Equity | CZK mil | 4,235 | 3,325 | 2,798 |
| Liabilities | CZK mil | 2,276 | 2,238 | 3,173 |
| Total Debt | CZK mil | 0 | 2.91 | 64.5 |
| Net Debt | CZK mil | -28.2 | -17.9 | 58.1 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 34.4 | 17.5 | 3.94 |
| ROCE | % | 29.1 | 14.5 | 2.89 |
| Gross Margin | % | 21.9 | 27.7 | 27.7 |
| EBITDA Margin | % | 13.4 | 9.93 | 5.89 |
| EBIT Margin | % | 10.3 | 5.75 | 0.942 |
| Net Margin | % | 9.31 | 5.14 | 0.946 |
| Net Debt/EBITDA | -0.013 | -0.014 | 0.077 | |
| Net Debt/Equity | % | -0.665 | -0.537 | 2.08 |
| Cash Flow | 2017 | 2018 | 2019 | |
| Total Cash From Operations | CZK mil | 2,005 | 1,019 | 394 |
| Total Cash From Investing | CZK mil | -137 | -682 | -1,040 |
| Total Cash From Financing | CZK mil | -1,860 | -347 | 630 |
| Net Change In Cash | CZK mil | 8.12 | -10.9 | -16.3 |
| Cash Conversion Cycle | days | 55.7 | 41.3 | 31.4 |
| Cash Earnings | CZK mil | 2,013 | 1,197 | 751 |
| Free Cash Flow | CZK mil | 1,868 | 336 | -646 |
Get all company financials in excel:
| overview | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||||||||||||||
| Sales | CZK mil | 8,576 | 13,492 | 15,951 | 18,169 | 16,162 | |||||||||||||||
| Gross Profit | CZK mil | 1,804 | 2,627 | 3,058 | 3,704 | 3,537 | |||||||||||||||
| EBIT | CZK mil | 643 | 1,227 | 1,582 | 2,003 | 1,659 | |||||||||||||||
| Net Profit | CZK mil | 509 | 992 | 1,527 | 1,660 | 1,505 | |||||||||||||||
| ROE | % | 24.9 | 43.1 | 46.9 | 40.6 | 34.4 | |||||||||||||||
| EBIT Margin | % | 7.50 | 9.10 | 9.92 | 11.0 | 10.3 | |||||||||||||||
| Net Margin | % | 5.94 | 7.36 | 9.57 | 9.13 | 9.31 | |||||||||||||||
| Employees | 1,452 | 1,819 | 2,046 | 2,147 | 2,136 | ||||||||||||||||
| balance sheet | |||||||||||||||||||||
| Total Assets | CZK mil | 3,879 | 5,713 | 6,509 | 6,846 | 6,510 | |||||||||||||||
| Non-Current Assets | CZK mil | 1,974 | 2,369 | 2,421 | 2,235 | 2,423 | |||||||||||||||
| Current Assets | CZK mil | 1,763 | 3,166 | 3,888 | 4,430 | 3,982 | |||||||||||||||
| Shareholders' Equity | CZK mil | 1,766 | 2,834 | 3,671 | 4,507 | 4,235 | |||||||||||||||
| Liabilities | CZK mil | 2,113 | 2,879 | 2,838 | 2,340 | 2,276 | |||||||||||||||
| Non-Current Liabilities | CZK mil | 31.5 | 41.3 | 48.9 | 45.7 | 52.2 | |||||||||||||||
| Current Liabilities | CZK mil | 2,061 | 2,803 | 2,713 | 2,204 | 2,190 | |||||||||||||||
| Net Debt/EBITDA | -0.002 | -0.023 | -0.009 | -0.008 | -0.013 | ||||||||||||||||
| Net Debt/Equity | % | -0.134 | -1.30 | -0.495 | -0.445 | -0.665 | |||||||||||||||
| cash flow | |||||||||||||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | 990 | 1,500 | 1,549 | 2,565 | 2,005 | ||||||||||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | 81.7 | -1,479 | -856 | -1,563 | -137 | ||||||||||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | -1,083 | 0 | -712 | -1,000 | -1,860 | ||||||||||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | -11.2 | 20.8 | -18.7 | 1.88 | 8.12 |
| income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||||||||||||||
| Sales | CZK mil | 8,576 | 13,492 | 15,951 | 18,169 | 16,162 | |||||||||||||||
| Cost of Goods & Services | CZK mil | 6,772 | 10,865 | 12,893 | 14,464 | 12,625 | |||||||||||||||
| Gross Profit | CZK mil | 1,804 | 2,627 | 3,058 | 3,704 | 3,537 | |||||||||||||||
| Staff Cost | CZK mil | 845 | 1,043 | 1,185 | 1,282 | 1,385 | |||||||||||||||
| Other Operating Cost (Income) | CZK mil | -12.8 | -40.8 | -179 | -109 | -15.6 | |||||||||||||||
| EBITDA | CZK mil | 972 | 1,624 | 2,053 | 2,531 | 2,168 | |||||||||||||||
| Depreciation | CZK mil | 329 | 397 | 471 | 529 | 508 | |||||||||||||||
| EBIT | CZK mil | 643 | 1,227 | 1,582 | 2,003 | 1,659 | |||||||||||||||
| Net Financing Cost | CZK mil | 73.9 | 137 | -58.4 | -18.3 | -107 | |||||||||||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
| Pre-Tax Profit | CZK mil | 570 | 1,090 | 1,640 | 2,021 | 1,766 | |||||||||||||||
| Tax | CZK mil | 60.1 | 97.6 | 113 | 161 | 261 | |||||||||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ... | ... | |||||||||||||
| Net Profit | CZK mil | 509 | 992 | 1,527 | 1,660 | 1,505 | |||||||||||||||
| Net Profit Avail. to Common | CZK mil | 509 | 992 | 1,527 | 1,660 | 1,505 | |||||||||||||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 977 | 712 | 1,000 | 1,860 | ... | ... | ... | ||||
| growth rates | |||||||||||||||||||||
| Total Revenue Growth | % | ... | 19.6 | 57.3 | 18.2 | 13.9 | -11.0 | ||||||||||||||
| Staff Cost Growth | % | ... | 12.1 | 23.5 | 13.5 | 8.20 | 8.06 | ||||||||||||||
| EBITDA Growth | % | ... | 3.37 | 67.0 | 26.4 | 23.3 | -14.4 | ||||||||||||||
| EBIT Growth | % | ... | 0.068 | 90.7 | 28.9 | 26.6 | -17.1 | ||||||||||||||
| Pre-Tax Profit Growth | % | ... | -9.62 | 91.4 | 50.5 | 23.2 | -12.6 | ||||||||||||||
| Net Profit Growth | % | ... | -15.5 | 94.8 | 53.8 | 8.71 | -9.32 | ||||||||||||||
| ratios | |||||||||||||||||||||
| ROE | % | 24.9 | 43.1 | 46.9 | 40.6 | 34.4 | |||||||||||||||
| ROA | % | 13.3 | 20.7 | 25.0 | 24.9 | 22.5 | |||||||||||||||
| ROCE | % | 23.6 | 35.9 | 47.7 | 38.6 | 29.1 | |||||||||||||||
| Gross Margin | % | 21.0 | 19.5 | 19.2 | 20.4 | 21.9 | |||||||||||||||
| EBITDA Margin | % | 11.3 | 12.0 | 12.9 | 13.9 | 13.4 | |||||||||||||||
| EBIT Margin | % | 7.50 | 9.10 | 9.92 | 11.0 | 10.3 | |||||||||||||||
| Net Margin | % | 5.94 | 7.36 | 9.57 | 9.13 | 9.31 | |||||||||||||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 192 | 71.7 | 65.5 | 112 | ... | ... | ... | ||||
| Net Debt/EBITDA | -0.002 | -0.023 | -0.009 | -0.008 | -0.013 |
| balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | |||||||||||||||||||||
| Cash & Cash Equivalents | CZK mil | 15.8 | 36.9 | 18.2 | 20.1 | 28.2 | |||||||||||||||
| Receivables | CZK mil | 1,045 | 1,363 | 1,888 | 3,792 | 3,149 | |||||||||||||||
| Inventories | CZK mil | 626 | 970 | 867 | 598 | 786 | |||||||||||||||
| Other ST Assets | CZK mil | 76.8 | 796 | 1,116 | 19.3 | 19.6 | |||||||||||||||
| Current Assets | CZK mil | 1,763 | 3,166 | 3,888 | 4,430 | 3,982 | |||||||||||||||
| Property, Plant & Equipment | CZK mil | 1,960 | 2,348 | 2,407 | 2,221 | 2,414 | |||||||||||||||
| LT Investments & Receivables | CZK mil | < -0.001 | 0.002 | < -0.001 | < -0.001 | < 0.001 | |||||||||||||||
| Intangible Assets | CZK mil | 13.6 | 21.0 | 13.7 | 14.4 | 9.38 | |||||||||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
| Non-Current Assets | CZK mil | 1,974 | 2,369 | 2,421 | 2,235 | 2,423 | |||||||||||||||
| Total Assets | CZK mil | 3,879 | 5,713 | 6,509 | 6,846 | 6,510 | |||||||||||||||
| Trade Payables | CZK mil | 1,209 | 1,610 | 1,865 | 1,332 | 1,319 | |||||||||||||||
| Short-Term Debt | CZK mil | 13.4 | 0 | 0 | 0 | 0 | |||||||||||||||
| Other ST Liabilities | CZK mil | 839 | 1,192 | 848 | 872 | 871 | |||||||||||||||
| Current Liabilities | CZK mil | 2,061 | 2,803 | 2,713 | 2,204 | 2,190 | |||||||||||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
| Other LT Liabilities | CZK mil | 31.5 | 41.3 | 48.9 | 45.7 | 52.2 | |||||||||||||||
| Non-Current Liabilities | CZK mil | 31.5 | 41.3 | 48.9 | 45.7 | 52.2 | |||||||||||||||
| Liabilities | CZK mil | 2,113 | 2,879 | 2,838 | 2,340 | 2,276 | |||||||||||||||
| Equity Before Minority Interest | CZK mil | 1,766 | 2,834 | 3,671 | 4,507 | 4,235 | |||||||||||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
| Equity | CZK mil | 1,766 | 2,834 | 3,671 | 4,507 | 4,235 | |||||||||||||||
| growth rates | |||||||||||||||||||||
| Total Asset Growth | % | ... | 2.79 | 47.3 | 13.9 | 5.18 | -4.91 | ||||||||||||||
| Shareholders' Equity Growth | % | ... | -24.3 | 60.5 | 29.5 | 22.8 | -6.03 | ||||||||||||||
| Net Debt Growth | % | ... | -91.5 | 1,460 | -50.7 | 10.4 | 40.4 | ||||||||||||||
| Total Debt Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -100 | ... | ... | ... | ... | |||
| ratios | |||||||||||||||||||||
| Total Debt | CZK mil | 13.4 | 0 | 0 | 0 | 0 | |||||||||||||||
| Net Debt | CZK mil | -2.37 | -36.9 | -18.2 | -20.1 | -28.2 | |||||||||||||||
| Working Capital | CZK mil | 462 | 723 | 890 | 3,059 | 2,615 | |||||||||||||||
| Capital Employed | CZK mil | 2,436 | 3,092 | 3,310 | 5,294 | 5,038 | |||||||||||||||
| Net Debt/Equity | % | -0.134 | -1.30 | -0.495 | -0.445 | -0.665 | |||||||||||||||
| Current Ratio | 0.856 | 1.13 | 1.43 | 2.01 | 1.82 | ||||||||||||||||
| Quick Ratio | 0.515 | 0.500 | 0.703 | 1.73 | 1.45 |
| cash flow | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | |||||||||||||||||||||
| Net Profit | CZK mil | 509 | 992 | 1,527 | 1,660 | 1,505 | |||||||||||||||
| Depreciation | CZK mil | 329 | 397 | 471 | 529 | 508 | |||||||||||||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | 487 | 371 | -282 | 2,546 | -453 | ||||||||||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | -335 | -261 | -167 | -2,169 | 444 | ||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | 990 | 1,500 | 1,549 | 2,565 | 2,005 | ||||||||||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | -554 | -725 | -523 | -417 | -557 | ||||||||||
| Other Investing Activities | CZK mil | ... | ... | ... | ... | ... | 635 | -754 | -333 | -1,146 | 420 | ||||||||||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | 81.7 | -1,479 | -856 | -1,563 | -137 | ||||||||||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -200 | -977 | -712 | -1,000 | -1,860 | ... | ... | |||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | 13.4 | -13.4 | 0 | 0 | 0 | ||||||||||
| Other Financing Activities | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -978 | 2,470 | 856 | 1,563 | 137 | ... | ... | |||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | -1,083 | 0 | -712 | -1,000 | -1,860 | ||||||||||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | -11.2 | 20.8 | -18.7 | 1.88 | 8.12 | ||||||||||
| ratios | |||||||||||||||||||||
| Days Sales Outstanding | days | 44.5 | 36.9 | 43.2 | 76.2 | 71.1 | |||||||||||||||
| Days Sales Of Inventory | days | 33.7 | 32.6 | 24.5 | 15.1 | 22.7 | |||||||||||||||
| Days Payable Outstanding | days | 65.1 | 54.1 | 52.8 | 33.6 | 38.1 | |||||||||||||||
| Cash Conversion Cycle | days | 13.1 | 15.4 | 14.9 | 57.7 | 55.7 | |||||||||||||||
| Cash Earnings | CZK mil | 838 | 1,389 | 1,998 | 2,188 | 2,013 | |||||||||||||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | 1,072 | 20.8 | 693 | 1,002 | 1,868 | ||||||||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | 6.46 | 5.38 | 3.28 | 2.30 | 3.44 |
| other ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Employees | 1,452 | 1,819 | 2,046 | 2,147 | 2,136 | ||||||||||||||||
| Cost Per Employee | USD per month | 2,478 | 2,237 | 2,022 | 1,972 | 2,303 | |||||||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 48,479 | 47,805 | 48,252 | 49,754 | 54,039 | |||||||||||||||
| Staff Cost (As % of Sales) | % | 9.85 | 7.73 | 7.43 | 7.06 | 8.57 | |||||||||||||||
| Effective Tax Rate | % | 10.6 | 8.96 | 6.91 | 7.98 | 14.8 | |||||||||||||||
| Revenues From Abroad | CZK mil | 8,495 | 13,492 | 15,887 | 18,169 | 16,162 | |||||||||||||||
| Domestic Revenues | CZK mil | 81.9 | 0 | 64.8 | 0 | 0 | |||||||||||||||
| Revenues From Abroad (As % Of Total) | % | 99.0 | 100 | 99.6 | 100 | 100 | |||||||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 4.51 | 23.4 | 25.0 | 23.4 | 17.7 | ||||||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.67 | 7.12 | 9.79 | 9.79 | 6.27 |
| sales geography | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Sales in Czechia | CZK mil | 81.9 | 0 | 64.8 | 0 | 0 | |||||||||||||||
| Sales in Czechia (As % of Total) | % | 0.955 | 0 | 0.406 | 0 | 0 |
Get all company financials in excel:
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic invested a total of CZK 1,040 mil in 2019, up 52.4% compared to the previous year. Historically, between 2005 - 2019, the company's investments stood at a high of CZK 1,040 mil in 2019 and a low of CZK ...
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic made a net profit of CZK 121 mil in 2019, down 81.8% compared to the previous year. Historically, between 2000 and 2019, the company's net profit reached a high of CZK 1,660 mil in 2016 and a low of CZK 81.2 mil in 2004...
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic's operating cash flow stood at CZK 394 mil in 2019, down 61.4% when compared to the previous year. Historically, between 2005 - 2019, the firm’s operating cash flow reached a high of CZK 2,565 mil in 2016 and ...
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic's total assets reached CZK 5,971 mil at the end of 2019, up 7.34% compared to the previous year. Current assets amounted to CZK 2,749 mil, or 46.0% of total assets while cash stood at CZK 6.43 mil ...
By Helgi Library - September 17, 2020
Marelli Automotive Lighting Czech Republic's net debt stood at CZK 58.1 mil and accounted for 2.08% of equity at the end of 2019. The ratio is up 2.61 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 95.8% ...
Marelli Automotive Lighting Jihlava (Czech Republic) s.r.o. is a Czech Republic-based manufacturer of lamps for most European car makers. The Company was founded in 1999 as a joint-venture between Germany's Robert Bosch and Italy's Magneti Marelli. Since 2003, Automotive Lighting is a fully owned subsidiary of Magneti Marelli. As the Company names suggests, Automotive Lighting manufactures lamps for the automotive industry, namely for BMW, Honda, Kia, Mercedes-Benz, Mitsubishi, Nissan, Opel, Renault, Škoda and Volkswagen. Most of the production is exported
Marelli Automotive Lighting Czech Republic has been growing its sales by -1.14% a year on average in the last 5 years. EBITDA has fallen on average by 14.3% a year during that time to total of CZK 751 mil in 2019, or 5.89% of sales. That’s compared to 11.2% average margin seen in last five years.
The company netted CZK 121 mil in 2019 implying ROE of 3.94% and ROCE of 2.89%. Again, the average figures were 28.7% and 26.6%, respectively when looking at the previous 5 years.
Marelli Automotive Lighting Czech Republic’s net debt amounted to CZK 58.1 mil at the end of 2019, or 2.08% of equity. When compared to EBITDA, net debt was 0.077x, up when compared to average of 0.007x seen in the last 5 years.
Helgi Library 
