Employees: NN (None)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2000-03-06 (26 years)Status: ActiveBusiness sector: Restauration traditionnelleLocation: COURBEVOIE (92400), Hauts-de-Seine
CHEZ WANG : revenue, balance sheet and financial ratios
CHEZ WANG is a French company
founded 26 years ago,
specialized in the sector Restauration traditionnelle.
Based in COURBEVOIE (92400),
this company of category PME
shows in 2021 a revenue of 269 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, CHEZ WANG achieves revenue of 269 k€. Revenue is declining over the period 2016-2021 (CAGR: -14.4%). Slight decline of -2% vs 2020. After deducting consumption (59 k€), gross margin stands at 210 k€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 4.0% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -88%, reducing margin by 29.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 52 k€, i.e. 19.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2021)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
268 871 €
Gross margin (2021)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
209 548 €
EBITDA (2021)
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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
10 881 €
EBIT (2021)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
52 792 €
Net income (2021)
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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
52 231 €
EBITDA margin (2021)
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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
2.8%
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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 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 68%. 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 13.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2021)
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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
36.23%
Financial autonomy (2021)
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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
68.447%
Cash flow / Revenue (2021)
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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
2.369%
Repayment capacity (2021)
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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
13.49
Asset age ratio (2021)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Debt ratio
57.813
50.448
29.171
14.036
0.0
36.23
Financial autonomy
55.943
57.502
68.143
75.646
66.446
68.447
Repayment capacity
1.698
2.053
3.831
1.086
0.0
13.49
Cash flow / Revenue
16.3%
11.28%
3.912%
6.922%
-28.949%
2.369%
Sector positioning
Debt ratio
36.232021
2019
2020
2021
Q1: 1.38
Med: 53.42
Q3: 168.44
Good+8 pts over 3 years
In 2021, the debt ratio of CHEZ WANG (36.23) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
68.45%2021
2019
2020
2021
Q1: 9.07%
Med: 32.0%
Q3: 55.27%
Excellent
In 2021, the financial autonomy of CHEZ WANG (68.5%) 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
13.49 years2021
2019
2020
2021
Q1: 0.0 years
Med: 0.73 years
Q3: 3.07 years
Average+19 pts over 3 years
In 2021, the repayment capacity of CHEZ WANG (13.49) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 414.85. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 5.2x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2021)
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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
414.85
Interest coverage (2021)
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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
5.165
Liquidity indicators evolution CHEZ WANG
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
Liquidity ratio
194.035
179.455
136.465
88.732
55.699
414.85
Interest coverage
3.768
4.526
9.847
3.125
0.956
5.165
Sector positioning
Liquidity ratio
414.852021
2019
2020
2021
Q1: 86.42
Med: 176.93
Q3: 313.83
Excellent+30 pts over 3 years
In 2021, the liquidity ratio of CHEZ WANG (414.85) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
Interest coverage
5.17x2021
2019
2020
2021
Q1: 0.0x
Med: 0.46x
Q3: 3.34x
Excellent+12 pts over 3 years
In 2021, the interest coverage of CHEZ WANG (5.2x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 7 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-31 days): operations structurally generate cash. Over 2016-2021, WCR increased by +49%, requiring additional financing.
Operating WCR (2021)
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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
-22 878 €
Customer credit (2021)
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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
0 j
Supplier credit (2021)
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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
7 j
Inventory turnover (2021)
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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
9 j
WCR in days of revenue (2021)
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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
-31 j
WCR and payment terms evolution CHEZ WANG
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Operating WCR
-45 060 €
-41 596 €
-26 114 €
-39 746 €
-108 807 €
-22 878 €
Inventory turnover (days)
4
5
5
5
8
9
Customer payment term (days)
0
0
0
0
0
0
Supplier payment term (days)
7
3
1
10
0
7
Positioning of CHEZ WANG in its sector
Comparison with sector Restauration traditionnelle
Valuation estimate
Based on 663 transactions of similar company sales
in 2021,
the value of CHEZ WANG is estimated at
175 159 €
(range 99 253€ - 314 490€).
With an EBITDA of 10 881€, the sector multiple of 5.7x is applied.
The price/revenue ratio is 0.87x
(in line with sector norms).
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.
Estimated enterprise value2021
663 transactions
99k€175k€314k€
175 159 €Range: 99 253€ - 314 490€
NAF 5 année 2021
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
10 881 €×5.7x
Estimation61 921 €
35 667€ - 115 552€
Revenue Multiple30%
268 871 €×0.87x
Estimation233 036 €
152 210€ - 384 914€
Net Income Multiple20%
52 231 €×7.1x
Estimation371 441 €
178 787€ - 706 204€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 663 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 (Restauration traditionnelle)
Compare CHEZ WANG with other companies in the same sector:
Yes, CHEZ WANG generated a net profit of 52 k€ in 2021.
Where is the headquarters of CHEZ WANG ?
The headquarters of CHEZ WANG is located in COURBEVOIE (92400), in the department Hauts-de-Seine.
Where to find the tax return of CHEZ WANG ?
The tax return of CHEZ WANG 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 CHEZ WANG operate?
CHEZ WANG operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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