Employees: 11 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2001-09-17 (24 years)Status: ActiveBusiness sector: Commerce d'alimentation généraleLocation: SAINT-DENIS (97400), La Reunion
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
LAW CHANG ON : revenue, balance sheet and financial ratios
LAW CHANG ON is a French company
founded 24 years ago,
specialized in the sector Commerce d'alimentation générale.
Based in SAINT-DENIS (97400),
this company of category PME
shows in 2022 a revenue of 5.3 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - LAW CHANG ON (SIREN 439318023)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
N/C
N/C
5 321 352 €
N/C
N/C
N/C
N/C
N/C
N/C
Net income
79 997 €
50 429 €
105 629 €
111 321 €
75 804 €
32 821 €
50 778 €
34 475 €
39 455 €
EBITDA
N/C
N/C
176 338 €
N/C
N/C
N/C
N/C
N/C
N/C
Net margin
N/C
N/C
2.0%
N/C
N/C
N/C
N/C
N/C
N/C
Revenue and income statement
In 2024, LAW CHANG ON generates positive net income of 80 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 39 k€ -> 80 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
79 997 €
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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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Item
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 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 48%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
31.324%
Financial autonomy (2024)
?
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
47.603%
Asset age ratio (2024)
?
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
2022
2023
2024
Debt ratio
26.758
56.513
37.968
87.262
60.158
75.294
45.792
40.607
31.324
Financial autonomy
33.767
31.588
40.029
27.587
29.839
34.171
44.912
46.881
47.603
Repayment capacity
None
None
None
None
None
None
0.88
None
None
Cash flow / Revenue
None%
None%
None%
None%
None%
None%
2.573%
None%
None%
Sector positioning
Debt ratio
31.322024
2022
2023
2024
Q1: 0.0
Med: 10.76
Q3: 74.43
Average
In 2024, the debt ratio of LAW CHANG ON (31.32) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
47.6%2024
2022
2023
2024
Q1: 0.27%
Med: 14.75%
Q3: 44.08%
Excellent+6 pts over 3 years
In 2024, the financial autonomy of LAW CHANG ON (47.6%) 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
0.88 years2022
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 2.13 years
Average
In 2022, the repayment capacity of LAW CHANG ON (0.88) 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 213.47. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
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
213.471
Liquidity indicators evolution LAW CHANG ON
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
168.263
190.675
208.808
149.783
145.04
174.974
209.257
218.273
213.471
Interest coverage
None
None
None
None
None
None
0.705
None
None
Sector positioning
Liquidity ratio
213.472024
2022
2023
2024
Q1: 87.5
Med: 147.87
Q3: 244.64
Good
In 2024, the liquidity ratio of LAW CHANG ON (213.47) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
0.7x2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.28x
Good
In 2022, the interest coverage of LAW CHANG ON (0.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
?
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
0 €
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
0 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
0 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
0 j
WCR and payment terms evolution LAW CHANG ON
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
0 €
0 €
0 €
0 €
0 €
176 030 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
11
0
0
Customer payment term (days)
0
0
0
0
0
0
2
0
0
Supplier payment term (days)
0
0
0
0
0
0
8
0
0
Positioning of LAW CHANG ON in its sector
Comparison with sector Commerce d'alimentation générale
Valuation estimate
Based on 551 transactions of similar company sales
in 2024,
the value of LAW CHANG ON is estimated at
466 037 €
(range 210 234€ - 1 052 456€).
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 value2024
551 transactions
210k€466k€1052k€
466 037 €Range: 210 234€ - 1 052 456€
NAF 5 année 2024
Valuation method used
Net Income Multiple
79 997 €
×
5.8x
=466 038 €
Range: 210 235€ - 1 052 457€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 551 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 d'alimentation générale)
Compare LAW CHANG ON with other companies in the same sector:
Yes, LAW CHANG ON generated a net profit of 80 k€ in 2024.
Where is the headquarters of LAW CHANG ON ?
The headquarters of LAW CHANG ON is located in SAINT-DENIS (97400), in the department La Reunion.
Where to find the tax return of LAW CHANG ON ?
The tax return of LAW CHANG ON 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 LAW CHANG ON operate?
LAW CHANG ON operates in the sector Commerce d'alimentation générale (NAF code 47.11B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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