MANDARIN TELEVISION : revenue, balance sheet and financial ratios

MANDARIN TELEVISION is a French company founded 17 years ago, specialized in the sector Production de films et de programmes pour la télévision . Based in PARIS (75010), this company of category PME shows in 2024 a revenue of 429 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MANDARIN TELEVISION (SIREN 510311772)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 429 160 € 21 129 114 € 410 732 € 5 526 293 € 7 256 088 € 11 764 012 € 593 904 € 3 071 452 € 1 617 929 €
Net income -711 652 € 80 557 € -555 524 € 908 923 € 129 693 € 1 955 970 € -470 808 € 584 246 € 54 275 €
EBITDA -3 508 500 € 11 261 992 € 227 267 € 4 979 564 € 536 322 € 6 152 772 € -140 951 € 3 158 030 € 1 670 591 €
Net margin -165.8% 0.4% -135.3% 16.4% 1.8% 16.6% -79.3% 19.0% 3.4%

Revenue and income statement

In 2024, MANDARIN TELEVISION achieves revenue of 429 k€. Revenue is declining over the period 2016-2024 (CAGR: -15.3%). Significant drop of -98% vs 2023. After deducting consumption (206 €), gross margin stands at 429 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -3.5 M€, representing -817.5% of revenue. Warning negative scissor effect: despite revenue change (-98%), EBITDA varies by -131%, reducing margin by 870.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -712 k€ (-165.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

429 160 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

428 954 €

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

-3 508 500 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-4 533 966 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-711 652 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-810.0%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 1306%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

1305.777%

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

2.451%

Cash flow / Revenue (2024) ?
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

-154.043%

Repayment capacity (2024) ?
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

-16.543

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

40.5%

Solvency indicators evolution
MANDARIN TELEVISION

Sector positioning

Debt ratio
1305.78 2024
2022
2023
2024
Q1: 0.0
Med: 3.12
Q3: 40.06
Watch

In 2024, the debt ratio of MANDARIN TELEVISION (1305.78) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
2.45% 2024
2022
2023
2024
Q1: 2.65%
Med: 27.04%
Q3: 59.73%
Average

In 2024, the financial autonomy of MANDARIN TELEVISION (2.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-16.54 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.35 years
Excellent

In 2024, the repayment capacity of MANDARIN TELEVISION (-16.54) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 278.11. 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

278.108

Interest coverage (2024) ?
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

-6.018

Liquidity indicators evolution
MANDARIN TELEVISION

Sector positioning

Liquidity ratio
278.11 2024
2022
2023
2024
Q1: 110.74
Med: 205.42
Q3: 432.49
Good -6 pts over 3 years

In 2024, the liquidity ratio of MANDARIN TELEVISION (278.11) 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
-6.02x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.38x
Average -55 pts over 3 years

In 2024, the interest coverage of MANDARIN TELEVISION (-6.0x) 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: 4122 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The gap of 4117 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-9498 days): operations structurally generate cash. Notable WCR improvement over the period (-787%), freeing up cash.

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

-11 322 224 €

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

4122 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

5 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 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

-9498 j

WCR and payment terms evolution
MANDARIN TELEVISION

Positioning of MANDARIN TELEVISION in its sector

Comparison with sector Production de films et de programmes pour la télévision

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 62 742€ to 432 846€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
62k€ 196k€ 432k€
196 407 € Range: 62 742€ - 432 846€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Production de films et de programmes pour la télévision )

Compare MANDARIN TELEVISION with other companies in the same sector:

Voir toutes les statistiques du secteur Production de films et de programmes pour la télévision

Frequently asked questions about MANDARIN TELEVISION

What is the revenue of MANDARIN TELEVISION ?

The revenue of MANDARIN TELEVISION in 2024 is 429 k€.

Is MANDARIN TELEVISION profitable?

MANDARIN TELEVISION recorded a net loss in 2024.

Where is the headquarters of MANDARIN TELEVISION ?

The headquarters of MANDARIN TELEVISION is located in PARIS (75010), in the department Paris.

Where to find the tax return of MANDARIN TELEVISION ?

The tax return of MANDARIN TELEVISION 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 MANDARIN TELEVISION operate?

MANDARIN TELEVISION operates in the sector Production de films et de programmes pour la télévision (NAF code 59.11A). See the 'Sector positioning' section above to compare the company with its competitors.