Morinaga Milk Industry Co., Ltd. / Fundamentals

    Income statement

    Net revenue
    €3.18B
    Cost of goods sold
    €2.41B
    Gross profit
    €765.39M
    SG&A expenses
    €572.86M
    R&D expenses
    €24.45M
    EBITDA
    €243.17M
    D&A
    €133.99M
    EBIT
    €168.08M
    Interest expenses
    €6.22M
    EBT
    €86.64M
    Tax expenses
    €60.26M
    Net income
    €30.94M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€71.49M
    Changes in working capital
    €0.00
    Operating cash flow
    €0.00
    Capex
    €0.00
    Other investing cash flow
    €0.00
    Net investing cash flow
    €0.00
    Total cash dividends paid
    €0.00
    Issuance of common stock
    €0.00
    Debt repayment
    €0.00
    Other financing cash flow
    €0.00
    Net financing cash flow
    €0.00
    Foreign exchange effects
    €0.00
    Net change in cash
    €0.00
    Cash at end of period
    €0.00
    Free cash flow
    €0.00

    Balance sheet

    Cash and cash equivalents
    €161.85M
    Cash and short-term investments
    €161.85M
    Total receivables
    €384.51M
    Inventory
    €486.86M
    Other current assets
    €89.30M
    Total current assets
    €1.12B
    Property, plant & equipment
    €1.55B
    Goodwill
    €2.36M
    Intangible assets
    €65.88M
    Long-term investments
    €113.24M
    Other non-current assets
    €80.84M
    Total non-current assets
    €1.83B
    Total assets
    €2.95B
    Accounts payable
    €321.61M
    Short-term debt
    €222.52M
    Other current liabilities
    €419.95M
    Total current liabilities
    €964.08M
    Long-term debt
    €371.03M
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €77.85M
    Total non-current liabilities
    €448.88M
    Total liabilities
    €1.41B
    Common stock
    €123.67M
    Retained earnings
    €1.25B
    Other equity
    €113.39M
    Total equity
    €1.54B
    Total liabilities and shareholders' equity
    €2.95B

    Company information

    Market capitalization
    €1.56B
    Employees
    7.4K
    Enterprise Value
    €353.05B

    Company ratios

    Gross margin
    24.1% Worse than peer group: 40.7%
    EBITDA margin
    7.6% Even with peer group: 10.9%
    EBIT margin
    5.3% Even with peer group: 6.9%
    EBT margin
    2.7% Even with peer group: 6.7%
    Net margin
    1.0% Even with peer group: 4.2%
    ROE
    2.0% Worse than peer group: 7.5%
    ROA
    1.0% Even with peer group: 4.1%
    Asset turnover
    107.8% Better than peer group: 97.9%
    FCF margin
    0.0%
    FCF yield
    0.0%
    Efficiency ratio
    92.4%
    Net sales per employee
    €428.91K
    Net income per employee
    €4.17K

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