Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2021-03-01 (5 years)Status: ActiveBusiness sector: Commerce de détail d'autres équipements du foyerLocation: AUBERVILLIERS (93300), Seine-Saint-Denis
CHANGSHENG BAZAR : revenue, balance sheet and financial ratios
CHANGSHENG BAZAR is a French company
founded 5 years ago,
specialized in the sector Commerce de détail d'autres équipements du foyer.
Based in AUBERVILLIERS (93300),
this company of category PME
shows in 2024 a revenue of 456 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - CHANGSHENG BAZAR (SIREN 894752419)
Indicator
2024
2023
2022
Revenue
455 684 €
486 534 €
682 742 €
Net income
33 520 €
32 208 €
10 605 €
EBITDA
46 377 €
38 037 €
2 176 €
Net margin
7.4%
6.6%
1.6%
Revenue and income statement
In 2024, CHANGSHENG BAZAR achieves revenue of 456 k€. Revenue is declining over the period 2022-2024 (CAGR: -18.3%). Slight decline of -6% vs 2023. After deducting consumption (284 k€), gross margin stands at 171 k€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46 k€, representing 10.2% of revenue. Positive scissor effect: EBITDA margin improves by +2.4 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 7.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
455 684 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
171 473 €
EBITDA (2024)
?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
46 377 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
46 425 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
33 520 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
10.2%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 59%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.343%
Financial autonomy (2024)
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Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
58.928%
Cash flow / Revenue (2024)
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Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates
7.356%
Repayment capacity (2024)
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Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
0.009
Solvency indicators evolution CHANGSHENG BAZAR
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2022
2023
2024
Debt ratio
0.908
0.569
0.343
Financial autonomy
15.721
33.354
58.928
Repayment capacity
0.279
0.009
0.009
Cash flow / Revenue
0.089%
6.62%
7.356%
Sector positioning
Debt ratio
0.342024
2022
2023
2024
Q1: 0.9
Med: 20.7
Q3: 70.89
Excellent
In 2024, the debt ratio of CHANGSHENG BAZAR (0.34) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
58.93%2024
2022
2023
2024
Q1: 7.19%
Med: 33.38%
Q3: 56.89%
Excellent+46 pts over 3 years
In 2024, the financial autonomy of CHANGSHENG BAZAR (58.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.01 years2024
2022
2023
2024
Q1: -0.07 years
Med: 0.06 years
Q3: 2.39 years
Good
In 2024, the repayment capacity of CHANGSHENG BAZAR (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 213.56. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
213.561
Interest coverage (2024)
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Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable 1.5-3 : Acceptable < 1.5 : Risk
0.0
Liquidity indicators evolution CHANGSHENG BAZAR
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2022
2023
2024
Liquidity ratio
102.314
134.474
213.561
Interest coverage
0.0
0.0
0.0
Sector positioning
Liquidity ratio
213.562024
2022
2023
2024
Q1: 141.42
Med: 215.48
Q3: 351.71
Average+24 pts over 3 years
In 2024, the liquidity ratio of CHANGSHENG BAZAR (213.56) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
Interest coverage
0.0x2024
2022
2023
2024
Q1: 0.0x
Med: 0.06x
Q3: 3.94x
Average
In 2024, the interest coverage of CHANGSHENG BAZAR (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 81 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 63 days of revenue, i.e. 80 k€ to permanently finance. Over 2022-2024, WCR increased by +219%, requiring additional financing.
Operating WCR (2024)
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Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
79 927 €
Customer credit (2024)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
2 j
Supplier credit (2024)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
22 j
Inventory turnover (2024)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
81 j
WCR in days of revenue (2024)
?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management
63 j
WCR and payment terms evolution CHANGSHENG BAZAR
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2022
2023
2024
Operating WCR
25 036 €
56 744 €
79 927 €
Inventory turnover (days)
38
84
81
Customer payment term (days)
1
0
2
Supplier payment term (days)
26
35
22
Positioning of CHANGSHENG BAZAR in its sector
Comparison with sector Commerce de détail d'autres équipements du foyer
Valuation estimate
Based on 61 transactions of similar company sales
in 2024,
the value of CHANGSHENG BAZAR is estimated at
171 493 €
(range 115 553€ - 263 106€).
With an EBITDA of 46 377€, the sector multiple of 4.7x is applied.
The price/revenue ratio is 0.22x
(conservative valuation).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
61 tx
115k€171k€263k€
171 493 €Range: 115 553€ - 263 106€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
46 377 €×4.7x
Estimation218 674 €
157 556€ - 340 788€
Revenue Multiple30%
455 684 €×0.22x
Estimation100 377 €
74 291€ - 131 694€
Net Income Multiple20%
33 520 €×4.8x
Estimation160 215 €
72 444€ - 266 023€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 61 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Commerce de détail d'autres équipements du foyer)
Compare CHANGSHENG BAZAR with other companies in the same sector:
The revenue of CHANGSHENG BAZAR in 2024 is 456 k€.
Is CHANGSHENG BAZAR profitable?
Yes, CHANGSHENG BAZAR generated a net profit of 34 k€ in 2024.
Where is the headquarters of CHANGSHENG BAZAR ?
The headquarters of CHANGSHENG BAZAR is located in AUBERVILLIERS (93300), in the department Seine-Saint-Denis.
Where to find the tax return of CHANGSHENG BAZAR ?
The tax return of CHANGSHENG BAZAR is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
In which sector does CHANGSHENG BAZAR operate?
CHANGSHENG BAZAR operates in the sector Commerce de détail d'autres équipements du foyer (NAF code 47.59B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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