THIENG HENG : revenue, balance sheet and financial ratios

THIENG HENG is a French company founded 38 years ago, specialized in the sector Charcuterie. Based in PARIS (75013), this company of category PME shows in 2022 a revenue of 1.4 M€. 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 - THIENG HENG (SIREN 344034988)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 1 413 017 € 1 190 506 € 949 751 € 1 225 799 € 1 150 507 € 1 101 804 € 1 046 177 €
Net income 53 693 € 78 879 € 97 491 € 30 144 € 101 784 € 85 771 € 86 580 € 81 204 €
EBITDA N/C 119 528 € 146 327 € 64 254 € 195 449 € 110 044 € 148 815 € 148 664 €
Net margin N/C 5.6% 8.2% 3.2% 8.3% 7.5% 7.9% 7.8%

Revenue and income statement

In 2023, THIENG HENG generates positive net income of 54 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 81 k€ -> 54 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

53 693 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 80%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

2.026%

Financial autonomy (2023) ?
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

79.929%

Asset age ratio (2023) ?
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

15.2%

Solvency indicators evolution
THIENG HENG

Sector positioning

Debt ratio
2.03 2023
2021
2022
2023
Q1: 6.3
Med: 28.32
Q3: 90.57
Excellent

In 2023, the debt ratio of THIENG HENG (2.03) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
79.93% 2023
2021
2022
2023
Q1: 23.23%
Med: 48.96%
Q3: 66.75%
Excellent

In 2023, the financial autonomy of THIENG HENG (79.9%) 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
0.21 years 2022
2021
2022
Q1: 0.0 years
Med: 0.85 years
Q3: 3.16 years
Good

In 2022, the repayment capacity of THIENG HENG (0.21) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 452.54. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

452.537

Liquidity indicators evolution
THIENG HENG

Sector positioning

Liquidity ratio
452.54 2023
2021
2022
2023
Q1: 116.13
Med: 182.66
Q3: 301.44
Excellent

In 2023, the liquidity ratio of THIENG HENG (452.54) 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
0.0x 2022
2021
2022
Q1: 0.0x
Med: 1.02x
Q3: 3.79x
Average

In 2022, the interest coverage of THIENG HENG (0.0x) 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.

Operating WCR (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
THIENG HENG

Positioning of THIENG HENG in its sector

Comparison with sector Charcuterie

Valuation estimate

Based on 108 transactions of similar company sales (all years), the value of THIENG HENG is estimated at 234 222 € (range 82 925€ - 697 946€). 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 2023
108 transactions
82k€ 234k€ 697k€
234 222 € Range: 82 925€ - 697 946€
NAF 5 all-time

Valuation method used

Net Income Multiple
53 693 € × 4.4x = 234 222 €
Range: 82 925€ - 697 946€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 108 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 (Charcuterie)

Compare THIENG HENG with other companies in the same sector:

Frequently asked questions about THIENG HENG

What is the revenue of THIENG HENG ?

The revenue of THIENG HENG in 2022 is 1.4 M€.

Is THIENG HENG profitable?

Yes, THIENG HENG generated a net profit of 54 k€ in 2023.

Where is the headquarters of THIENG HENG ?

The headquarters of THIENG HENG is located in PARIS (75013), in the department Paris.

Where to find the tax return of THIENG HENG ?

The tax return of THIENG HENG 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 THIENG HENG operate?

THIENG HENG operates in the sector Charcuterie (NAF code 10.13B). See the 'Sector positioning' section above to compare the company with its competitors.