This report analyses the financial performance of Hyundai Motor Manufacturing Czech for the 2019. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
Hyundai Motor Manufacturing Czech announced a net profit of CZK 7,387 mil in 2019, up 2.25% when compared to the last year. Sales decreased 4.73% yoy to CZK 123,140 mil, EBITDA rose 8.54% to CZK 11,851 mil and net margin amounted to 6.00%. In the last three years, the Company grew its revenues by -4.81% a year, and produced an average return on capital of 22.3% and return on equity of 17.2%.
The key highlights are:
Sales decreased 4.73% yoy to CZK 123,140 mil in 2019. That’s compared to average growth of -4.81% in the last three years and 14.8% more when compared to the average annual increase in the last decade.
EBITDA amounted to CZK 11,851 mil and grew 8.54% when compared to last year. EBITDA margin reached 9.62%, up 0.315%pp when compared to a 5-year average.
Company’s indebtedness fell when measured by Net Debt/Equity and reached -55.0% at the end of 2019. When compared to EBITDA, net debt fell to -1.88x at the end of 2019.
Hyundai Motor Manufacturing Czech netted CZK 7,387 mil to its shareholders in the last year, up 105,421% when compared to the average seen in the last five years. The company produced a return on capital of 23.1% and return on equity of 17.8% in the last year. Since 2014, Hyundai Motor Manufacturing Czech’s average ROCE amounted to 22.7% and ROE 18.2%.
When compared to selected peers, Hyundai Motor Manufacturing Czech has grown 6.60 pp slower in sales in the last five years. It was also 6.87 pp less profitable in terms of ROCE, and achieved 4.51 pp lower EBITDA margin based on a last year's results.
In terms of indebtedness, the company operated with 16.9 pp lower net debt to equity at the end of 2019 when compared to its peers (-55.0% at Hyundai Motor Manufacturing Czech vs. -38.1% of its peers).