Cash flow DONSKOY FACTORY OF RADIOCOMPONENTS

Stocks

DZRD

RU000A0JQW11

Electrical Components & Equipment

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30/25/30	DONSKOY FACTORY OF RADIOCOMPONENTS Open Joint-Stock Company Reports Earnings Results for the Full Year Ended December 31, 2024	CI
28/24/28	DONSKOY FACTORY OF RADIOCOMPONENTS Open Joint-Stock Company Reports Earnings Results for the Nine Months Ended September 30, 2024	CI

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Published financial data: DONSKOY FACTORY OF RADIOCOMPONENTS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	123.33Cr	174.55Cr	227.2Cr	326.18Cr	326.51Cr
Total Revenues	123.33Cr	174.55Cr	227.2Cr	326.18Cr	326.51Cr
Cost of Goods Sold, Total	100.3Cr	106.82Cr	135.12Cr	205.26Cr	236.53Cr
Gross Profit	23Cr	68Cr	92Cr	120.92Cr	90Cr
Selling General & Admin Expenses, Total	-	24Cr	34Cr	39Cr	47Cr
Other Operating Expenses	11Cr	28Cr	28Cr	99Cr	97Cr
Other Operating Expenses, Total	11Cr	52Cr	63Cr	137.71Cr	144.13Cr
Operating Income	12Cr	15Cr	30Cr	-17Cr	-54Cr
Interest Expense, Total	-4.79Cr	-5.22Cr	-5.39Cr	-5.89Cr	-5.7Cr
Interest And Investment Income	-	3L	-	7L	6L
Net Interest Expenses	-4.79Cr	-5.2Cr	-5.39Cr	-5.83Cr	-5.64Cr
Other Non Operating Income (Expenses)	12Cr	14Cr	-	-	-
EBT, Excl. Unusual Items	19Cr	24Cr	24Cr	-23Cr	-60Cr
Gain (Loss) On Sale Of Investments	-	-	-	-	-10L
Gain (Loss) On Sale Of Assets	-	-	-	58.88L	-4.42Cr
Asset Writedown	-	-	-4L	-	-
Other Unusual Items	-	-	-	-17Cr	-
EBT, Incl. Unusual Items	19Cr	24Cr	24Cr	-39Cr	-64Cr
Income Tax Expense	3.89Cr	7.61Cr	11Cr	-2.13Cr	25Cr
Earnings From Continuing Operations	15Cr	16Cr	13Cr	-37Cr	-89Cr
Net Income to Company	15Cr	16Cr	13Cr	-37Cr	-89Cr
Net Income - (IS)	15Cr	16Cr	13Cr	-37Cr	-89Cr
Net Income to Common Incl Extra Items	15Cr	16Cr	13Cr	-37Cr	-89Cr
Net Income to Common Excl. Extra Items	15Cr	16Cr	13Cr	-37Cr	-89Cr
Per Share Items
Net EPS - Basic	445.48	-	380	-1.23T	-2.6T
Basic EPS - Continuing Operations	445.48	-	380	-1.23T	-2.6T
Basic Weighted Average Shares Outstanding	3L	-	3L	3L	3L
Net EPS - Diluted	445.48	-	380	-1.23T	-2.6T
Diluted EPS - Continuing Operations	445.48	-	380	-1.23T	-2.6T
Diluted Weighted Average Shares Outstanding	3L	-	3L	3L	3L
Normalized Basic EPS	349.28	-	434.8	-466.28	-1.09T
Normalized Diluted EPS	349.28	-	434.8	-466.28	-1.09T
Payout Ratio	-	-	-	-35.72	-5.13
Supplemental Items
EBITDA	24Cr	27Cr	43Cr	-7.49Cr	-45Cr
EBITA	12Cr	15Cr	30Cr	-17Cr	-54Cr
EBIT	12Cr	15Cr	30Cr	-17Cr	-54Cr
Effective Tax Rate - (Ratio)	20.29	31.92	45.28	5.41	-38.58
Total Current Taxes	4.12Cr	7.1Cr	11Cr	16Cr	6.89Cr
Total Deferred Taxes	-22.15L	50.52L	-17.79L	-18Cr	18Cr
Normalized Net Income	12Cr	15Cr	15Cr	-14Cr	-37Cr
Interest on Long-Term Debt	4.79Cr	5.22Cr	-	5.89Cr	5.7Cr
Supplemental Operating Expense Items
General and Administrative Expenses	-	24Cr	34Cr	39Cr	47Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	8.48Cr	5.79Cr	8.95Cr	6Cr	5.45Cr
Short Term Investments	-	-	-	-	40.09L
Total Cash And Short Term Investments	8.48Cr	5.79Cr	8.95Cr	6Cr	5.85Cr
Accounts Receivable, Total	16Cr	17Cr	-21Cr	6.79Cr	25Cr
Other Receivables	10.76L	2.4Cr	-	-	12Cr
Notes Receivable	-	-	-	59.97L	-
Total Receivables	16Cr	19Cr	-21Cr	7.39Cr	38Cr
Inventory	31Cr	33Cr	35Cr	50Cr	57Cr
Other Current Assets, Total	25Cr	1.95Cr	227.85Cr	5.83Cr	5.69Cr
Total Current Assets	81Cr	60Cr	251.21Cr	70Cr	105.73Cr
Gross Property Plant And Equipment	168.76Cr	192.97Cr	-	338.31Cr	210.59Cr
Accumulated Depreciation	-77Cr	-89Cr	-	-72Cr	-71Cr
Net Property Plant And Equipment	91Cr	104.45Cr	137.63Cr	266.13Cr	139.93Cr
Long-term Investments	23Cr	27Cr	42Cr	22Cr	-
Other Intangibles, Total	0	-	-	-	-
Deferred Tax Assets Long-Term	1.31Cr	1.91Cr	2.74Cr	12Cr	-
Other Long-Term Assets, Total	183.73Cr	204.91Cr	-	-	1.62Cr
Total Assets	380.59Cr	397.76Cr	433.58Cr	369.99Cr	247.27Cr
Liabilities
Accounts Payable, Total	26Cr	29Cr	17Cr	19Cr	19Cr
Accrued Expenses, Total	21.52L	21.83L	3.17Cr	6.85Cr	9.12Cr
Current Portion of Long-Term Debt	-	-	-	35Cr	26Cr
Current Income Taxes Payable	-	-	7.16Cr	1.71Cr	68.49L
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	-	20Cr	29Cr	14Cr
Total Current Liabilities	26Cr	30Cr	47Cr	91Cr	68Cr
Long-Term Debt	68Cr	63Cr	68Cr	27Cr	11Cr
Deferred Tax Liability Non Current	6.96Cr	8.07Cr	8.61Cr	-	6.11Cr
Other Non Current Liabilities	-	1.5Cr	-	-	-
Total Liabilities	100.95Cr	101.9Cr	123.2Cr	118.5Cr	85Cr
Preferred Stock Non Redeemable	1L	-	-	-	-
Total Preferred Equity	1L	-	-	-	-
Common Stock, Total	3L	5L	5L	5L	5L
Additional Paid In Capital	8.19Cr	8.19Cr	-	7.24Cr	-
Retained Earnings	271.39Cr	287.61Cr	300.35Cr	244.19Cr	162.32Cr
Comprehensive Income and Other	1L	1L	9.99Cr	1L	1L
Total Common Equity	279.63Cr	295.86Cr	310.38Cr	251.49Cr	162.37Cr
Total Equity	279.64Cr	295.86Cr	310.38Cr	251.49Cr	162.37Cr
Total Liabilities And Equity	380.59Cr	397.76Cr	433.58Cr	369.99Cr	247.27Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3L	-	3L	3L	3L
ECS Total Common Shares Outstanding	3L	-	3L	3L	3L
Book Value / Share	8.14T	-	9.04T	7.32T	4.73T
Tangible Book Value	279.63Cr	295.86Cr	310.38Cr	251.49Cr	162.37Cr
Tangible Book Value Per Share	8.14T	-	9.04T	7.32T	4.73T
Total Debt	68Cr	63Cr	68Cr	62Cr	36Cr
Net Debt	59Cr	57Cr	59Cr	56Cr	31Cr
Equity Method Investments, Total	-	-	-	22Cr	-
Account Code - Inventory Valuation	6	3	6	6	6
Inventories - Raw Materials, Total	25Cr	30Cr	33Cr	49Cr	59Cr
Inventories - Work In Process, Total	66.76L	40.46L	33.74L	43.99L	68.56L
Inventories - Finished Goods, Total	5.92Cr	1.84Cr	1.81Cr	5.98Cr	5.45Cr
Land - (BS)	57.35L	57.35L	-	8.25Cr	8.23Cr
Buildings, Total	43Cr	43Cr	-	78Cr	73Cr
Machinery, Total	125.16Cr	149.41Cr	-	116.65Cr	109.65Cr
Full Time Employees	650	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	2.37Cr	30Cr	1L	1L

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	15Cr	16Cr	13Cr	-37Cr	-89Cr
Depreciation & Amortization - CF	11Cr	12Cr	13Cr	9.3Cr	9.02Cr
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	11Cr	12Cr	13Cr	9.3Cr	9.02Cr
Other Operating Activities, Total	-7.3Cr	11Cr	48Cr	113.3Cr	104.92Cr
Cash from Operations	19Cr	39Cr	74Cr	85Cr	25Cr
Capital Expenditure	-18Cr	-35Cr	-60Cr	-67Cr	-20Cr
Sale of Property, Plant, and Equipment	-	-	-	53.33L	25Cr
Cash Acquisitions	-	-	-15Cr	-	-
Investment in Marketable and Equity Securities, Total	-3.99Cr	-4.44Cr	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	3.53Cr	-	-	-
Other Investing Activities, Total	-	70T	-	-	-
Cash from Investing	-22Cr	-36Cr	-75Cr	-66Cr	5.15Cr
Long-Term Debt Issued, Total	25Cr	30Cr	45Cr	40Cr	40Cr
Total Debt Issued	25Cr	30Cr	45Cr	40Cr	40Cr
Long-Term Debt Repaid, Total	-18Cr	-35Cr	-41Cr	-49Cr	-66Cr
Total Debt Repaid	-18Cr	-35Cr	-41Cr	-49Cr	-66Cr
Common Dividends Paid	-	-	-	-13Cr	-4.57Cr
Common & Preferred Stock Dividends Paid	-	-	-	-13Cr	-4.57Cr
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	6.62Cr	-5.21Cr	3.73Cr	-22Cr	-31Cr
Net Change in Cash	3.98Cr	-2.69Cr	3.16Cr	-2.95Cr	-54.55L
Supplemental Items
Cash Interest Paid	4.79Cr	5.22Cr	5.34Cr	5.98Cr	5.7Cr
Cash Income Tax Paid (Refund)	2.89Cr	9.37Cr	8.86Cr	17Cr	7.86Cr
Levered Free Cash Flow	30Cr	4.86Cr	1.08Cr	114.29Cr	-99Cr
Unlevered Free Cash Flow	33Cr	8.12Cr	4.45Cr	117.97Cr	-95Cr
Change In Net Working Capital	-32Cr	-22Cr	-33Cr	-186.03Cr	51Cr
Net Debt Issued / Repaid	6.62Cr	-5.21Cr	3.73Cr	-8.61Cr	-26Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.06	2.48	4.44	-2.61	-10.97
Return on Total Capital	2.28	2.74	5.01	-3.04	-13.21
Return On Equity %	5.62	5.64	4.35	-13.32	-43.07
Return on Common Equity	5.62	5.64	4.35	-13.32	-43.07
Margin Analysis
Gross Profit Margin %	18.67	38.8	40.53	37.07	27.56
SG&A Margin	-	13.67	15.06	11.89	14.4
EBITDA Margin %	19.17	15.52	18.72	-2.3	-13.82
EBITA Margin %	9.97	8.86	12.99	-5.15	-16.58
EBIT Margin %	9.97	8.86	12.99	-5.15	-16.58
Income From Continuing Operations Margin %	12.4	9.29	5.8	-11.43	-27.29
Net Income Margin %	12.4	9.29	5.8	-11.43	-27.29
Net Avail. For Common Margin %	12.4	9.29	5.8	-11.43	-27.29
Normalized Net Income Margin	9.73	8.53	6.63	-4.33	-11.44
Levered Free Cash Flow Margin	24.39	2.78	0.48	35.04	-30.21
Unlevered Free Cash Flow Margin	26.82	4.65	1.96	36.17	-29.12
Asset Turnover
Asset Turnover	0.33	0.45	0.55	0.81	1.06
Fixed Assets Turnover	1.6	1.78	1.88	1.62	1.61
Receivables Turnover (Average Receivables)	7.04	10.75	-125.1	40.89	20.3
Inventory Turnover (Average Inventory)	3.13	3.34	3.99	4.8	4.42
Short Term Liquidity
Current Ratio	3.1	2.01	5.34	0.76	1.55
Quick Ratio	0.93	0.85	-0.25	0.14	0.64
Operating Cash Flow to Current Liabilities	0.74	1.3	1.58	0.94	0.36
Days Sales Outstanding (Average Receivables)	51.97	33.97	-2.92	8.93	18.03
Days Outstanding Inventory (Average Inventory)	116.96	109.26	91.51	76.1	82.72
Average Days Payable Outstanding	109.79	93.37	50.33	29.52	28.29
Cash Conversion Cycle (Average Days)	59.14	49.86	38.26	55.5	72.47
Long Term Solvency
Total Debt/Equity	24.3	21.21	21.75	24.77	22.41
Total Debt / Total Capital	19.55	17.5	17.87	19.85	18.3
LT Debt/Equity	24.3	21.21	21.75	10.86	6.54
Long-Term Debt / Total Capital	19.55	17.5	17.87	8.7	5.34
Total Liabilities / Total Assets	26.53	25.62	28.41	32.03	34.33
EBIT / Interest Expense	2.57	2.96	5.47	-2.85	-9.49
EBITDA / Interest Expense	4.94	5.18	7.88	-1.27	-7.91
(EBITDA - Capex) / Interest Expense	1.18	-1.54	-3.19	-12.62	-11.34
Total Debt / EBITDA	2.87	2.32	1.59	-8.32	-0.81
Net Debt / EBITDA	2.52	2.1	1.38	-7.52	-0.68
Total Debt / (EBITDA - Capex)	12.04	-7.79	-3.93	-0.84	-0.56
Net Debt / (EBITDA - Capex)	10.53	-7.07	-3.41	-0.76	-0.47
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-14.88	41.54	30.16	43.56	0.1
Gross Profit, 1 Yr. Growth %	-19.12	194.11	35.95	31.31	-25.58
EBITDA, 1 Yr. Growth %	25.77	14.57	2.65	-118.89	502.48
EBITA, 1 Yr. Growth %	56.89	25.75	-0.97	-156.91	222.46
EBIT, 1 Yr. Growth %	56.97	25.75	-0.97	-156.91	222.46
Earnings From Cont. Operations, 1 Yr. Growth %	50.64	6.03	-18.79	-383.14	138.96
Net Income, 1 Yr. Growth %	50.64	6.03	-18.79	-383.14	138.96
Normalized Net Income, 1 Yr. Growth %	29.73	24.15	-1.87	-193.81	164.32
Diluted EPS Before Extra, 1 Yr. Growth %	50.64	-	-10.59	-423.68	110.98
Accounts Receivable, 1 Yr. Growth %	-20.25	9.1	-221.12	-25.98	274.16
Inventory, 1 Yr. Growth %	-3.68	3.36	8.43	42.83	12.39
Net Property, Plant and Equip., 1 Yr. Growth %	44.72	14.22	32.58	93.37	-47.42
Total Assets, 1 Yr. Growth %	3.84	4.51	9.16	-14.66	-33.17
Tangible Book Value, 1 Yr. Growth %	5.78	5.8	4.99	-18.5	-35.44
Common Equity, 1 Yr. Growth %	5.78	5.8	4.99	-18.5	-35.44
Cash From Operations, 1 Yr. Growth %	-14.62	99.29	92.49	14.91	-70.91
Capital Expenditures, 1 Yr. Growth %	-66.11	95.26	69.9	11.97	-70.77
Levered Free Cash Flow, 1 Yr. Growth %	-162.77	-83.86	-100.57	6L	-185.85
Unlevered Free Cash Flow, 1 Yr. Growth %	-172.32	-75.45	-102.39	3.38T	-180.18
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-20.64	9.76	35.73	36.7	19.88
Gross Profit, 2 Yr. CAGR %	-43.09	54.23	99.96	33.61	-1.15
EBITDA, 2 Yr. CAGR %	-30.11	20.04	34.11	-57.48	6.68
EBITA, 2 Yr. CAGR %	-42.74	40.46	54.94	-24.93	35.46
EBIT, 2 Yr. CAGR %	-42.73	40.5	54.94	-24.93	35.46
Earnings From Cont. Operations, 2 Yr. CAGR %	-32.67	26.38	-7.21	51.63	160.11
Net Income, 2 Yr. CAGR %	-32.67	26.38	-7.21	51.63	160.11
Normalized Net Income, 2 Yr. CAGR %	-36.19	26.91	12.09	-4.05	57.46
Diluted EPS Before Extra, 2 Yr. CAGR %	-32.67	-	-7.64	70.12	161.33
Accounts Receivable, 2 Yr. CAGR %	-2.12	-6.72	15.79	-37.19	66.42
Inventory, 2 Yr. CAGR %	-5.56	-0.23	5.86	24.45	26.7
Net Property, Plant and Equip., 2 Yr. CAGR %	18.47	28.57	22.68	60.11	0.83
Total Assets, 2 Yr. CAGR %	9.89	4.17	6.73	-3.48	-24.48
Tangible Book Value, 2 Yr. CAGR %	4.89	5.79	5.35	-7.76	-27.46
Common Equity, 2 Yr. CAGR %	4.89	5.79	5.35	-7.76	-27.46
Cash From Operations, 2 Yr. CAGR %	-27.85	30.44	95.86	48.72	-42.18
Capital Expenditures, 2 Yr. CAGR %	33.5	-18.65	82.14	37.93	-42.79
Levered Free Cash Flow, 2 Yr. CAGR %	103.16	-68.17	-81.05	-22.41	6.97T
Unlevered Free Cash Flow, 2 Yr. CAGR %	237.87	-57.86	-63.31	-20.49	429.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-15.55	-3.76	16.18	38.29	23.21
Gross Profit, 3 Yr. CAGR %	-33.6	-1.61	47.88	73.81	9.93
EBITDA, 3 Yr. CAGR %	-31.85	-17.6	31.27	-31.83	2.9
EBITA, 3 Yr. CAGR %	-42.32	-25.57	55.59	10.96	22.03
EBIT, 3 Yr. CAGR %	-42.32	-25.57	55.61	10.96	22.03
Earnings From Cont. Operations, 3 Yr. CAGR %	-36.27	-21.67	9.06	34.59	76.46
Net Income, 3 Yr. CAGR %	-36.27	-21.67	9.06	34.59	76.46
Normalized Net Income, 3 Yr. CAGR %	-36.21	-20.34	17.69	5.63	34.5
Diluted EPS Before Extra, 3 Yr. CAGR %	-36.27	-	8.72	40.29	82.78
Accounts Receivable, 3 Yr. CAGR %	7.15	1.49	2.26	-24.13	13.86
Inventory, 3 Yr. CAGR %	0.67	-2.68	2.58	16.98	20.29
Net Property, Plant and Equip., 3 Yr. CAGR %	9.31	17.03	29.63	42.77	10.46
Total Assets, 3 Yr. CAGR %	8.2	8.06	5.76	-0.94	-14.61
Tangible Book Value, 3 Yr. CAGR %	8.25	5.19	5.5	-3.47	-18.1
Common Equity, 3 Yr. CAGR %	8.25	5.19	5.5	-3.47	-18.1
Cash From Operations, 3 Yr. CAGR %	24.88	1.23	48.51	63.96	-13.67
Capital Expenditures, 3 Yr. CAGR %	7.49	51.54	3.98	54.87	-17.77
Levered Free Cash Flow, 3 Yr. CAGR %	15.1	-12.66	-71.75	56.04	-19.61
Unlevered Free Cash Flow, 3 Yr. CAGR %	12.43	40.99	-54	52.79	-20.13
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-5.89	3.77	2.1	10.74	17.65
Gross Profit, 5 Yr. CAGR %	-20.04	6.16	3.2	11.2	25.88
EBITDA, 5 Yr. CAGR %	-21.18	-11.18	-10.66	-31.15	19.14
EBITA, 5 Yr. CAGR %	-29.48	-16.9	-14.36	-14.84	47.2
EBIT, 5 Yr. CAGR %	-29.48	-16.9	-14.36	-14.84	47.22
Earnings From Cont. Operations, 5 Yr. CAGR %	-21.62	-14.07	-25.94	2.02	54.4
Net Income, 5 Yr. CAGR %	-21.62	-14.07	-25.94	2.02	54.4
Normalized Net Income, 5 Yr. CAGR %	-21.58	-11.34	-20.08	-13.65	32.22
Diluted EPS Before Extra, 5 Yr. CAGR %	-21.62	-	-26.08	4.59	54.4
Accounts Receivable, 5 Yr. CAGR %	0.87	7.33	10.53	-15.99	5.44
Inventory, 5 Yr. CAGR %	9.1	5.21	2.71	7.38	11.62
Net Property, Plant and Equip., 5 Yr. CAGR %	-6.89	9.53	14.48	32.5	17.23
Total Assets, 5 Yr. CAGR %	16.43	12.26	7.61	3.26	-7.57
Tangible Book Value, 5 Yr. CAGR %	17.16	12.9	7.08	-0.21	-9.29
Common Equity, 5 Yr. CAGR %	17.16	12.9	7.08	-0.21	-9.29
Cash From Operations, 5 Yr. CAGR %	-4.85	27.87	49.51	18.07	1.83
Capital Expenditures, 5 Yr. CAGR %	-2.5	20.98	32.73	45.94	-18.12
Levered Free Cash Flow, 5 Yr. CAGR %	23.92	-24.88	-44.06	73.41	15.53
Unlevered Free Cash Flow, 5 Yr. CAGR %	19.24	-19.96	-28.17	109.87	15.76