Cash flow MBC Group

Equities

4072

SA15U0CHVK19

Broadcasting

Market Closed - Saudi Arabian S.E. Other stock markets 13:20:01 19/09/2024 BST			5-day change	1st Jan Change
44.50 ^SAR	+0.79%		-1.98%	0.00%

09-09	HSBC Upgrades MBC Group to Buy, Boosts PT	MT
09-03	MBC Group Unit Signs Exclusive Advertising Representation Deal for Saudi Market	MT

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Published financial data: MBC GROUP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023
Revenues	1.79B	2.05B	2.35B	2B
Other Revenues, Total	531M	797M	1.14B	546M
Total Revenues	2.32B	2.85B	3.49B	2.55B
Cost of Goods Sold, Total	1.86B	2.13B	2.85B	1.73B
Gross Profit	456M	717M	641M	821M
Selling General & Admin Expenses, Total	538M	676M	687M	906M
Provision for Bad Debts	12.79M	-26.28M	13.46M	30.1M
Depreciation & Amortization - (IS)	27.58M	38.22M	32.98M	21.48M
Amortization of Goodwill and Intangible Assets - (IS)	558K	3.14M	8.12M	8.39M
Other Operating Expenses	-	-	12.9M	79.5K
Other Operating Expenses, Total	579M	691M	754M	966M
Operating Income	-123M	26.02M	-113M	-145M
Interest Expense, Total	-3.58M	-3.24M	-8.59M	-9.33M
Interest And Investment Income	7M	3.19M	10.95M	4.69M
Net Interest Expenses	3.42M	-45K	2.36M	-4.64M
Income (Loss) On Equity Invest.	-13.82M	-4.01M	14.19M	43.34M
Currency Exchange Gains (Loss)	-2.2M	7.66M	-61.19M	10.77M
Other Non Operating Income (Expenses)	41.65M	399M	203M	38.81M
EBT, Excl. Unusual Items	-94.17M	428M	45.68M	-57.17M
Gain (Loss) On Sale Of Investments	-1.5M	342M	9.44M	-1.32M
Gain (Loss) On Sale Of Assets	-	-	-37K	-15K
Asset Writedown	-	-9.41M	-	-
Other Unusual Items	-	-	-	81.56M
EBT, Incl. Unusual Items	-95.68M	760M	55.09M	23.06M
Income Tax Expense	119K	12.82M	7.22M	-3.28M
Earnings From Continuing Operations	-95.79M	748M	47.87M	26.33M
Net Income to Company	-95.79M	748M	47.87M	26.33M
Minority Interest	376K	-10.42M	-12.89M	2.2M
Net Income - (IS)	-95.42M	737M	34.97M	28.53M
Net Income to Common Incl Extra Items	-95.42M	737M	34.97M	28.53M
Net Income to Common Excl. Extra Items	-95.42M	737M	34.97M	28.53M
Per Share Items
Net EPS - Basic	-	-	699.48	0.26
Basic EPS - Continuing Operations	-	-	699.48	0.26
Basic Weighted Average Shares Outstanding	-	-	50K	109M
Net EPS - Diluted	-	-	699.48	0.2
Diluted EPS - Continuing Operations	-	-	699.48	0.2
Diluted Weighted Average Shares Outstanding	-	-	50K	142M
Normalized Basic EPS	-	-	313.18	-0.31
Normalized Diluted EPS	-	-	313.18	-0.24
Supplemental Items
EBITDA	-67.35M	83.29M	-57.11M	-105M
EBITA	-123M	29.16M	-105M	-137M
EBIT	-123M	26.02M	-113M	-145M
EBITDAR	-41.36M	106M	-25.16M	-41.33M
Effective Tax Rate - (Ratio)	-0.12	1.69	13.11	-14.22
Total Current Taxes	-	-	-	868K
Total Deferred Taxes	-	-	-	1.95M
Normalized Net Income	-58.48M	257M	15.66M	-33.53M
Interest on Long-Term Debt	-	-	-	1.24M
Non-Cash Pension Expense	-873K	3.2M	3.45M	-5.93M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	79.98M
Selling and Marketing Expenses	-	-	-	120M
General and Administrative Expenses	35.43M	60.74M	20.51M	114M
Net Rental Expense, Total	25.99M	23.06M	31.95M	28.47M
Imputed Operating Lease Interest Expense	-	4.26M	5.94M	-
Imputed Operating Lease Depreciation	-	18.8M	26.01M	-

Fiscal Period: December	2020	2021	2022	2023
Assets
Cash And Equivalents	390M	676M	689M	827M
Short Term Investments	18.31M	29.64M	21.13M	16M
Total Cash And Short Term Investments	409M	706M	711M	843M
Accounts Receivable, Total	466M	728M	711M	1.11B
Other Receivables	981M	680M	448M	1.5B
Total Receivables	1.45B	1.41B	1.16B	2.6B
Inventory	914M	1.85B	2.57B	2.59B
Prepaid Expenses	28M	21.71M	31.21M	27.34M
Other Current Assets, Total	262M	844M	597M	527M
Total Current Assets	3.06B	4.83B	5.07B	6.59B
Gross Property Plant And Equipment	925M	968M	1B	998M
Accumulated Depreciation	-769M	-817M	-859M	-822M
Net Property Plant And Equipment	156M	151M	142M	176M
Long-term Investments	92.06M	95.64M	998M	1.22B
Other Intangibles, Total	13.32M	23.74M	40.67M	67.12M
Deferred Tax Assets Long-Term	-	-	189K	1.4M
Other Long-Term Assets, Total	143M	114M	103M	108M
Total Assets	3.46B	5.22B	6.35B	8.16B
Liabilities
Accounts Payable, Total	250M	422M	411M	313M
Accrued Expenses, Total	275M	390M	405M	688M
Short-term Borrowings	29.47M	6.74M	497M	685M
Current Portion of Leases	13.03M	19.11M	9.44M	30.57M
Current Income Taxes Payable	6K	12.82M	6.72M	8.87M
Unearned Revenue Current, Total	394M	1.12B	1.7B	2.31B
Other Current Liabilities	103M	101M	106M	82.62M
Total Current Liabilities	1.06B	2.07B	3.14B	4.11B
Long-Term Debt	64.17M	64.17M	64.17M	64.17M
Long-Term Leases	44.57M	39.05M	39.66M	32.52M
Pension & Other Post Retirement Benefits	169M	168M	149M	159M
Deferred Tax Liability Non Current	-	-	22K	9K
Total Liabilities	1.34B	2.34B	3.39B	4.37B
Common Stock, Total	5.06M	5.06M	10.06M	2.99B
Additional Paid In Capital	38.39M	38.39M	38.39M	-
Retained Earnings	2.11B	2.86B	2.91B	22.36M
Comprehensive Income and Other	-6.96M	-6.97M	-9.07M	764M
Total Common Equity	2.15B	2.89B	2.95B	3.78B
Minority Interest	-27.36M	-17.06M	8.31M	11.64M
Total Equity	2.12B	2.88B	2.96B	3.79B
Total Liabilities And Equity	3.46B	5.22B	6.35B	8.16B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	50K	332M
ECS Total Common Shares Outstanding	-	-	50K	299M
Book Value / Share	-	-	59.05K	12.63
Tangible Book Value	2.14B	2.87B	2.91B	3.71B
Tangible Book Value Per Share	-	-	58.23K	12.4
Total Debt	151M	129M	611M	812M
Net Debt	-257M	-577M	-100M	-30.79M
Debt Equivalent of Unfunded Proj. Benefit Obligation	55.22M	53.64M	46.85M	50.57M
Debt Equivalent Oper. Leases	208M	184M	256M	-
Minority Interest, Total (Incl. Fin. Div)	-27.36M	-17.06M	8.31M	11.64M
Equity Method Investments, Total	92.06M	95.64M	980M	1.2B
Account Code - Inventory Valuation	-	-	3	3
Inventories - Work In Process, Total	282M	864M	1.41B	1.48B
Inventories - Others	632M	990M	1.15B	1.11B
Machinery, Total	754M	798M	825M	795M
Full Time Employees	-	-	1.37K	-
Accumulated Allowance for Doubtful Accounts (Supple)	223M	178M	189M	212M

Fiscal Period: December	2020	2021	2022	2023
Net Income	-95.42M	737M	34.97M	28.53M
Depreciation & Amortization - CF	74.44M	75.95M	66.4M	45.06M
Amortization of Goodwill and Intangible Assets - (CF)	558K	3.14M	8.12M	8.39M
Depreciation & Amortization, Total	75M	79.09M	74.52M	53.45M
(Gain) Loss From Sale Of Asset	-	-	37K	-
(Gain) Loss on Sale of Investments - (CF)	15.32M	4.01M	-14.19M	1.32M
(Income) Loss On Equity Investments - (CF)	-	9.41M	-	-43.34M
Provision and Write-off of Bad Debts	12.79M	-26.28M	13.46M	29.95M
Other Operating Activities, Total	13.6M	-306M	8.87M	-26.04M
Change In Accounts Receivable	361M	-334M	29.44M	-230M
Change In Inventories	-347M	-939M	-714M	301M
Change In Accounts Payable	374M	1.04B	587M	244M
Change in Other Net Operating Assets	-64.93M	124M	145M	-52.66M
Cash from Operations	345M	388M	165M	306M
Capital Expenditure	-40.44M	-53.92M	-46.41M	-60.3M
Sale of Property, Plant, and Equipment	69K	172K	32K	27K
Sale (Purchase) of Intangible assets	-11.82M	-22.96M	-25.05M	-31.07M
Investment in Marketable and Equity Securities, Total	-46.08M	-7.5M	-554M	-153M
Other Investing Activities, Total	-29.47M	2K	1K	6.13M
Cash from Investing	-128M	-84.21M	-626M	-239M
Short Term Debt Issued, Total	-	-	12.4M	-
Long-Term Debt Issued, Total	29.47M	6.74M	591M	-
Total Debt Issued	29.47M	6.74M	603M	-
Short Term Debt Repaid, Total	-	-	-	-18.75M
Long-Term Debt Repaid, Total	-20.72M	-19.76M	-123M	-9.03M
Total Debt Repaid	-20.72M	-19.76M	-123M	-41.67M
Other Financing Activities, Total	-	-	22K	-
Cash from Financing	8.75M	-13.03M	480M	-41.67M
Foreign Exchange Rate Adjustments	-1.39M	-4.06M	-4.28M	16.1M
Net Change in Cash	224M	287M	14.93M	41.95M
Supplemental Items
Cash Interest Paid	-	-	-	2.78M
Cash Income Tax Paid (Refund)	119K	69K	12.75M	7.53M
Levered Free Cash Flow	-	-438M	283M	-758M
Unlevered Free Cash Flow	-	-435M	289M	-752M
Change In Net Working Capital	-	454M	-356M	623M
Net Debt Issued / Repaid	8.75M	-13.03M	480M	-41.67M

Fiscal Period: December	2020	2021	2022	2023
Profitability
Return on Assets	-	0.37	-1.22	-1.25
Return on Total Capital	-	0.62	-2.14	-2.22
Return On Equity %	-	29.92	1.64	0.78
Return on Common Equity	-	29.24	1.2	0.85
Margin Analysis
Gross Profit Margin %	19.66	25.21	18.38	32.22
SG&A Margin	23.21	23.77	19.68	35.57
EBITDA Margin %	-2.91	2.93	-1.64	-4.11
EBITA Margin %	-5.29	1.02	-3	-5.38
EBIT Margin %	-5.32	0.91	-3.23	-5.71
Income From Continuing Operations Margin %	-4.13	26.27	1.37	1.03
Net Income Margin %	-4.12	25.91	1	1.12
Net Avail. For Common Margin %	-4.12	25.91	1	1.12
Normalized Net Income Margin	-2.52	9.04	0.45	-1.32
Levered Free Cash Flow Margin	-	-15.38	8.12	-29.74
Unlevered Free Cash Flow Margin	-	-15.3	8.27	-29.51
Asset Turnover
Asset Turnover	-	0.66	0.6	0.35
Fixed Assets Turnover	-	18.54	23.84	16.05
Receivables Turnover (Average Receivables)	-	3.43	3.27	2.2
Inventory Turnover (Average Inventory)	-	1.54	1.29	0.67
Short Term Liquidity
Current Ratio	2.87	2.33	1.62	1.6
Quick Ratio	1.74	1.02	0.6	0.84
Operating Cash Flow to Current Liabilities	0.32	0.19	0.05	0.07
Days Sales Outstanding (Average Receivables)	-	106.31	111.54	165.69
Days Outstanding Inventory (Average Inventory)	-	237.39	283.38	545.16
Average Days Payable Outstanding	-	39.99	42.67	75.54
Cash Conversion Cycle (Average Days)	-	303.71	352.25	635.31
Long Term Solvency
Total Debt/Equity	7.13	4.49	20.62	21.42
Total Debt / Total Capital	6.65	4.29	17.1	17.64
LT Debt/Equity	5.12	3.59	3.51	2.55
Long-Term Debt / Total Capital	4.78	3.43	2.91	2.1
Total Liabilities / Total Assets	38.76	44.87	53.37	53.54
EBIT / Interest Expense	-34.42	8.04	-13.13	-15.58
EBITDA / Interest Expense	-13.47	32.47	-4.46	-9.86
(EBITDA - Capex) / Interest Expense	-24.76	15.81	-9.86	-16.32
Total Debt / EBITDA	-3.14	1.23	-15.94	-8.83
Net Debt / EBITDA	5.34	-5.49	2.61	0.33
Total Debt / (EBITDA - Capex)	-1.71	2.52	-7.21	-5.33
Net Debt / (EBITDA - Capex)	2.9	-11.27	1.18	0.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	22.78	22.61	-26.98
Gross Profit, 1 Yr. Growth %	-	57.48	-10.64	28.02
EBITDA, 1 Yr. Growth %	-	-223.67	-168.57	83.32
EBITA, 1 Yr. Growth %	-	-123.77	-459.11	30.89
EBIT, 1 Yr. Growth %	-	-121.12	-533.62	28.91
Earnings From Cont. Operations, 1 Yr. Growth %	-	-880.39	-93.6	-44.99
Net Income, 1 Yr. Growth %	-	-872.55	-95.26	-18.43
Normalized Net Income, 1 Yr. Growth %	-	-539.77	-93.91	-314.14
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	-99.97
Accounts Receivable, 1 Yr. Growth %	-	56.18	-2.3	55.68
Inventory, 1 Yr. Growth %	-	102.73	38.53	0.87
Net Property, Plant and Equip., 1 Yr. Growth %	-	-3.38	-6.03	23.88
Total Assets, 1 Yr. Growth %	-	50.57	21.7	28.51
Tangible Book Value, 1 Yr. Growth %	-	34.35	1.47	27.49
Common Equity, 1 Yr. Growth %	-	34.62	2.05	28.01
Cash From Operations, 1 Yr. Growth %	-	12.67	-57.56	85.68
Capital Expenditures, 1 Yr. Growth %	-	33.35	-13.93	29.93
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-164.73	-367.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-166.27	-360.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	22.69	-5.38
Gross Profit, 2 Yr. CAGR %	-	-	18.63	6.96
EBITDA, 2 Yr. CAGR %	-	-	-7.91	12.12
EBITA, 2 Yr. CAGR %	-	-	-7.6	116.8
EBIT, 2 Yr. CAGR %	-	-	-4.31	136.42
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-29.31	-81.23
Net Income, 2 Yr. CAGR %	-	-	-39.46	-80.33
Normalized Net Income, 2 Yr. CAGR %	-	-	-48.25	-63.89
Accounts Receivable, 2 Yr. CAGR %	-	-	23.53	23.33
Inventory, 2 Yr. CAGR %	-	-	67.58	18.21
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-4.71	7.9
Total Assets, 2 Yr. CAGR %	-	-	35.37	25.06
Tangible Book Value, 2 Yr. CAGR %	-	-	16.76	13.74
Common Equity, 2 Yr. CAGR %	-	-	17.21	14.29
Cash From Operations, 2 Yr. CAGR %	-	-	-30.85	-11.23
Capital Expenditures, 2 Yr. CAGR %	-	-	7.13	5.75
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	31.59
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	31.39
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	3.2
Gross Profit, 3 Yr. CAGR %	-	-	-	21.68
EBITDA, 3 Yr. CAGR %	-	-	-	15.84
EBITA, 3 Yr. CAGR %	-	-	-	3.77
EBIT, 3 Yr. CAGR %	-	-	-	5.69
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-34.98
Net Income, 3 Yr. CAGR %	-	-	-	-33.13
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-16.92
Accounts Receivable, 3 Yr. CAGR %	-	-	-	33.43
Inventory, 3 Yr. CAGR %	-	-	-	41.5
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	4
Total Assets, 3 Yr. CAGR %	-	-	-	33.05
Tangible Book Value, 3 Yr. CAGR %	-	-	-	20.23
Common Equity, 3 Yr. CAGR %	-	-	-	20.7
Cash From Operations, 3 Yr. CAGR %	-	-	-	-3.89
Capital Expenditures, 3 Yr. CAGR %	-	-	-	14.25