KWEICHOW MOUTAI PARIS TRADING : revenue, balance sheet and financial ratios

In 2024, KWEICHOW MOUTAI PARIS TRADING achieves revenue of 4.2 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +20.2%. Vs 2023, growth of +156% (1.6 M€ -> 4.2 M€). After deducting consumption (705 k€), gross margin stands at 3.5 M€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 36.1% of revenue. Warning negative scissor effect: despite revenue change (+156%), EBITDA varies by +49%, reducing margin by 26.1 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 982 k€, i.e. 23.4% of revenue. This profit can be retained or distributed to shareholders.

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 96%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 28.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 1229.30. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 117 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The gap of 82 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 89 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 246 days of revenue, i.e. 2.9 M€ to permanently finance. Over 2019-2024, WCR increased by +1398%, requiring additional financing.

Based on 69 transactions of similar company sales in 2024, the value of KWEICHOW MOUTAI PARIS TRADING is estimated at 5 419 637 € (range 1 638 851€ - 9 492 473€). With an EBITDA of 1 516 641€, the sector multiple of 4.3x is applied. The price/revenue ratio is 0.66x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.