SOREDISC FEN CHONG : revenue, balance sheet and financial ratios

SOREDISC FEN CHONG is a French company founded 54 years ago, specialized in the sector Commerce de détail de matériels audio et vidéo en magasin spécialisé. Based in SAINT-DENIS (97400), this company of category PME shows in 2022 a revenue of 219 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 - SOREDISC FEN CHONG (SIREN 310863535)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 218 664 € 244 380 € 186 561 € 220 623 € 322 057 € 440 524 € 582 052 €
Net income 46 694 € -34 944 € -145 762 € 33 028 € 108 086 € 38 277 € -76 157 €
EBITDA 48 137 € 46 055 € -116 776 € 48 451 € 76 136 € 45 353 € -97 144 €
Net margin 21.4% -14.3% -78.1% 15.0% 33.6% 8.7% -13.1%

Revenue and income statement

In 2022, SOREDISC FEN CHONG achieves revenue of 219 k€. Revenue is declining over the period 2016-2022 (CAGR: -15.1%). Significant drop of -11% vs 2021. After deducting consumption (48 k€), gross margin stands at 171 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 48 k€, representing 22.0% of revenue. Positive scissor effect: EBITDA margin improves by +3.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 47 k€, i.e. 21.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

218 664 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

170 862 €

EBITDA (2022) ?
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

48 137 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

47 021 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

46 694 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

21.7%

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Chart evolution

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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 176%. 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 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 21.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

176.126%

Financial autonomy (2022) ?
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

24.058%

Cash flow / Revenue (2022) ?
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

21.556%

Repayment capacity (2022) ?
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

4.522

Asset age ratio (2022) ?
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

13.9%

Solvency indicators evolution
SOREDISC FEN CHONG

Sector positioning

Debt ratio
176.13 2022
2020
2021
2022
Q1: 4.36
Med: 36.17
Q3: 116.11
Watch

In 2022, the debt ratio of SOREDISC FEN CHONG (176.13) 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
24.06% 2022
2020
2021
2022
Q1: 16.47%
Med: 33.91%
Q3: 55.91%
Average

In 2022, the financial autonomy of SOREDISC FEN CHONG (24.1%) 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
4.52 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.59 years
Q3: 2.49 years
Watch +51 pts over 3 years

In 2022, the repayment capacity of SOREDISC FEN CHONG (4.52) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 297.54. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2022) ?
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

297.544

Interest coverage (2022) ?
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

0.571

Liquidity indicators evolution
SOREDISC FEN CHONG

Sector positioning

Liquidity ratio
297.54 2022
2020
2021
2022
Q1: 149.13
Med: 209.03
Q3: 301.07
Good +9 pts over 3 years

In 2022, the liquidity ratio of SOREDISC FEN CHONG (297.54) 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
0.57x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.31x
Q3: 2.97x
Good +28 pts over 3 years

In 2022, the interest coverage of SOREDISC FEN CHONG (0.6x) 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. Average customer payment term: 107 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 104 days. The company must finance 3 days of gap between collections and payments. Inventory turnover is 208 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 553 days of revenue, i.e. 336 k€ to permanently finance. Over 2016-2022, WCR increased by +22%, requiring additional financing.

Operating WCR (2022) ?
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

336 143 €

Customer credit (2022) ?
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

107 j

Supplier credit (2022) ?
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

104 j

Inventory turnover (2022) ?
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

208 j

WCR in days of revenue (2022) ?
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

553 j

WCR and payment terms evolution
SOREDISC FEN CHONG

Positioning of SOREDISC FEN CHONG in its sector

Comparison with sector Commerce de détail de matériels audio et vidéo en magasin spécialisé

Valuation estimate

Based on 109 transactions of similar company sales (all years), the value of SOREDISC FEN CHONG is estimated at 86 202 € (range 52 184€ - 225 174€). With an EBITDA of 48 137€, the sector multiple of 2.0x is applied. The price/revenue ratio is 0.17x (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.

Estimated enterprise value 2022
109 transactions
52k€ 86k€ 225k€
86 202 € Range: 52 184€ - 225 174€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
48 137 € × 2.0x
Estimation 94 279 €
63 920€ - 268 822€
Revenue Multiple 30%
218 664 € × 0.17x
Estimation 36 708 €
18 875€ - 64 512€
Net Income Multiple 20%
46 694 € × 3.0x
Estimation 140 256 €
72 810€ - 357 049€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 109 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 de matériels audio et vidéo en magasin spécialisé)

Compare SOREDISC FEN CHONG with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail de matériels audio et vidéo en magasin spécialisé

Frequently asked questions about SOREDISC FEN CHONG

What is the revenue of SOREDISC FEN CHONG ?

The revenue of SOREDISC FEN CHONG in 2022 is 219 k€.

Is SOREDISC FEN CHONG profitable?

Yes, SOREDISC FEN CHONG generated a net profit of 47 k€ in 2022.

Where is the headquarters of SOREDISC FEN CHONG ?

The headquarters of SOREDISC FEN CHONG is located in SAINT-DENIS (97400), in the department La Reunion.

Where to find the tax return of SOREDISC FEN CHONG ?

The tax return of SOREDISC FEN CHONG 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 SOREDISC FEN CHONG operate?

SOREDISC FEN CHONG operates in the sector Commerce de détail de matériels audio et vidéo en magasin spécialisé (NAF code 47.43Z). See the 'Sector positioning' section above to compare the company with its competitors.