SGIS Songshan Co., Ltd. / Fundamentals

    Income statement

    Net revenue
    €3.30B
    Cost of goods sold
    €3.26B
    Gross profit
    €37.30M
    SG&A expenses
    €7.20M
    R&D expenses
    €60.02M
    EBITDA
    -€61.92M
    D&A
    €2.56M
    EBIT
    -€70.67M
    Interest expenses
    €12.77M
    EBT
    -€74.69M
    Tax expenses
    €11.93M
    Net income
    -€89.18M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €147.96M
    Changes in working capital
    €0.00
    Operating cash flow
    €100.15M
    Capex
    €104.34M
    Other investing cash flow
    -€43.22M
    Net investing cash flow
    -€148.71M
    Total cash dividends paid
    -€12.08M
    Issuance of common stock
    €0.00
    Debt repayment
    -€35.01M
    Other financing cash flow
    -€3.65M
    Net financing cash flow
    -€50.74M
    Foreign exchange effects
    -€6.31M
    Net change in cash
    -€10.72M
    Cash at end of period
    €71.39M
    Free cash flow
    €204.49M

    Balance sheet

    Cash and cash equivalents
    €71.39M
    Cash and short-term investments
    €72.90M
    Total receivables
    €14.82M
    Inventory
    €148.12M
    Other current assets
    €184.95M
    Total current assets
    €420.80M
    Property, plant & equipment
    €1.56B
    Goodwill
    €0.00
    Intangible assets
    €31.60M
    Long-term investments
    €0.00
    Other non-current assets
    €273.47M
    Total non-current assets
    €1.91B
    Total assets
    €2.33B
    Accounts payable
    €890.05M
    Short-term debt
    €1.21M
    Other current liabilities
    €219.99M
    Total current liabilities
    €1.12B
    Long-term debt
    €219.26M
    Deferred tax liabilities
    €5.13M
    Other non-current liabilities
    €2.11M
    Total non-current liabilities
    €272.31M
    Total liabilities
    €1.39B
    Common stock
    €288.40M
    Retained earnings
    €143.93M
    Other equity
    €0.00
    Total equity
    €941.70M
    Total liabilities and shareholders' equity
    €2.33B

    Company information

    Market capitalization
    €703.69M
    Employees
    5.2K
    Enterprise Value
    €6.82B

    Company ratios

    Gross margin
    1.1% Worse than peer group: 10.4%
    EBITDA margin
    -1.9% Worse than peer group: 6.9%
    EBIT margin
    -2.1% Worse than peer group: 3.5%
    EBT margin
    -2.3% Worse than peer group: 3.5%
    Net margin
    -2.7% Worse than peer group: 2.6%
    ROE
    -9.5% Worse than peer group: 6.0%
    ROA
    -3.8% Worse than peer group: 2.8%
    Asset turnover
    141.6% Much better than peer group: 100.9%
    FCF margin
    -0.1% Even with peer group: -0.4%
    FCF yield
    -0.6%
    Efficiency ratio
    101.9%
    Net sales per employee
    €639.82K
    Net income per employee
    -€17.30K

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