Balance Sheet Compañía Industrial El Volcán S.A.

Equities

VOLCAN

CLP306341023

Construction Supplies & Fixtures

End-of-day quote Santiago S.E. Other stock markets 2024-09-06			5-day change	1st Jan Change
2,500.00 ^CLP	0.00%		0.00%	+17.92%

Aug. 17	Compañía Industrial El Volcán S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
May. 18	Compañía Industrial El Volcán S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

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Published financial data: COMPAÑÍA INDUSTRIAL EL VOLCÁN S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	117B	120B	166B	176B	151B
Total Revenues	117B	120B	166B	176B	151B
Cost of Goods Sold, Total	74.6B	70B	92.29B	113B	104B
Gross Profit	42.65B	49.8B	73.65B	63.01B	47.63B
Selling General & Admin Expenses, Total	25.95B	23.79B	28.2B	32.4B	34.73B
Provision for Bad Debts	-	-	-309M	15M	-85.52M
Other Operating Expenses	100M	106M	482M	72.47M	243M
Other Operating Expenses, Total	26.05B	23.9B	28.37B	32.48B	34.89B
Operating Income	16.6B	25.9B	45.27B	30.53B	12.74B
Interest Expense, Total	-403M	-286M	-220M	-677M	-1.55B
Interest And Investment Income	1.47B	2.31B	316M	1.23B	2.57B
Net Interest Expenses	1.07B	2.02B	95.55M	558M	1.03B
Income (Loss) On Equity Invest.	3.74B	4.35B	5.77B	10.52B	10.02B
Currency Exchange Gains (Loss)	923M	-541M	6.32B	-38.18M	97.09M
Other Non Operating Income (Expenses)	-73.82M	-1.29B	-500M	-3.1B	-3.08B
EBT, Excl. Unusual Items	22.26B	30.45B	56.96B	38.46B	20.8B
Gain (Loss) On Sale Of Assets	40.49M	34.9M	46.64M	77.08M	322M
Asset Writedown	-420M	-568M	-254M	-106M	-77.22M
Insurance Settlements	-	-	-	25.52M	29.56M
Other Unusual Items	-6.86M	-4.9M	-	-	-
EBT, Incl. Unusual Items	21.87B	29.91B	56.75B	38.46B	21.07B
Income Tax Expense	5.16B	3.73B	8.75B	5.17B	2.09B
Earnings From Continuing Operations	16.71B	26.18B	48B	33.29B	18.99B
Earnings Of Discontinued Operations	-	-855M	2.84B	-	-
Net Income to Company	16.71B	25.32B	50.84B	33.29B	18.99B
Minority Interest	-7.31M	-10.62M	-18.82M	-13.74M	-3.06M
Net Income - (IS)	16.7B	25.31B	50.82B	33.27B	18.98B
Preferred Dividend and Other Adjustments	-	-	-	-	96K
Net Income to Common Incl Extra Items	16.7B	25.31B	50.82B	33.27B	18.98B
Net Income to Common Excl. Extra Items	16.7B	26.16B	47.98B	33.27B	18.98B
Per Share Items
Net EPS - Basic	222.7	337.47	677.56	443.66	253.12
Basic EPS - Continuing Operations	222.7	348.86	639.69	443.66	253.12
Basic Weighted Average Shares Outstanding	75M	75M	75M	75M	75M
Net EPS - Diluted	222.7	337.47	677.56	443.66	253.12
Diluted EPS - Continuing Operations	222.7	348.86	639.69	443.66	253.12
Diluted Weighted Average Shares Outstanding	75M	75M	75M	75M	75M
Normalized Basic EPS	185.37	253.58	474.38	320.32	173.28
Normalized Diluted EPS	185.37	253.58	474.38	320.32	173.28
Dividend Per Share	68	169	205	134	90
Payout Ratio	43.63	19.86	36.78	30.43	52.99
Supplemental Items
EBITDA	21.51B	31.23B	51.28B	37.37B	23.58B
EBITA	16.64B	25.99B	45.38B	30.64B	12.87B
EBIT	16.6B	25.9B	45.27B	30.53B	12.74B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	23.59	12.48	15.42	13.44	9.9
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	5.03B	4.92B	4.14B	3.97B	1.95B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	105M	848M	8.66B	4.06B	-1.25B
Normalized Net Income	13.9B	19.02B	35.58B	24.02B	13B
Interest Capitalized	-	1.29B	4.23B	4.84B	-
Interest on Long-Term Debt	52.83M	12.93M	184M	653M	778M
Non-Cash Pension Expense	936M	480M	812M	84.99M	100M
Supplemental Operating Expense Items
Selling and Marketing Expenses	11B	11.39B	13.84B	14.87B	15.75B
General and Administrative Expenses	14.95B	12.41B	14.36B	17.52B	18.99B
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	17.73B	70.08B	59.13B	11.89B	24.9B
Short Term Investments	189M	-	166M	186M	-
Trading Asset Securities, Total	105M	73.49M	2.59B	6.53B	38.8M
Total Cash And Short Term Investments	18.03B	70.15B	61.89B	18.61B	24.94B
Accounts Receivable, Total	22.37B	23.15B	25.36B	23.99B	18.04B
Other Receivables	3.46B	1.7B	1.22B	4.28B	1.68B
Total Receivables	25.83B	24.85B	26.58B	28.27B	19.73B
Inventory	23.89B	18.03B	26.01B	36.4B	31.89B
Prepaid Expenses	239M	301M	404M	569M	792M
Other Current Assets, Total	2.79B	22.74B	3.83B	2.6B	3.49B
Total Current Assets	70.78B	136B	119B	86.45B	80.84B
Gross Property Plant And Equipment	140B	152B	191B	223B	232B
Accumulated Depreciation	-47.72B	-47.98B	-53.3B	-59.42B	-70.48B
Net Property Plant And Equipment	92.05B	105B	138B	164B	162B
Long-term Investments	57.6B	41.13B	58.86B	120B	133B
Goodwill	351M	351M	351M	2.49B	351M
Other Intangibles, Total	1.6B	1.41B	1.34B	1.62B	1.6B
Deferred Tax Assets Long-Term	2.96B	4.06B	8.12B	4.08B	-
Other Long-Term Assets, Total	1.71B	5.74M	-	-	10.04B
Total Assets	227B	288B	325B	379B	387B
Liabilities
Accounts Payable, Total	10.61B	11.26B	13.09B	18.08B	15.2B
Accrued Expenses, Total	1.9B	1.93B	2.17B	2.47B	2.38B
Current Portion of Long-Term Debt	17.01B	1.96B	146M	165M	339M
Current Portion of Leases	769M	823M	751M	516M	592M
Current Income Taxes Payable	297M	2.35B	434M	809M	1.13B
Other Current Liabilities	4.76B	11.16B	8.63B	8.76B	5.06B
Total Current Liabilities	35.34B	29.48B	25.21B	30.8B	24.7B
Long-Term Debt	5.09B	59.89B	60.44B	68.68B	72.01B
Long-Term Leases	192M	481M	-	2.28B	1.96B
Pension & Other Post Retirement Benefits	2.84B	3.12B	3.49B	3.78B	3.09B
Deferred Tax Liability Non Current	8.35B	9.49B	19.77B	23.69B	20.85B
Other Non Current Liabilities	78.84M	80.96M	86.31M	108M	115M
Total Liabilities	51.9B	103B	109B	129B	123B
Common Stock, Total	1.05B	1.05B	1.05B	1.05B	1.05B
Retained Earnings	179B	197B	225B	250B	262B
Comprehensive Income and Other	-5.28B	-13.07B	-10.36B	-1.48B	854M
Total Common Equity	175B	185B	216B	249B	264B
Minority Interest	28.43M	38.76M	41.27M	46.62M	39.91M
Total Equity	175B	185B	216B	249B	264B
Total Liabilities And Equity	227B	288B	325B	379B	387B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	75M	75M	75M	75M	75M
ECS Total Common Shares Outstanding	75M	75M	75M	75M	75M
Book Value / Share	2.33K	2.47K	2.88K	3.32K	3.53K
Tangible Book Value	173B	183B	214B	245B	262B
Tangible Book Value Per Share	2.31K	2.44K	2.86K	3.27K	3.5K
Total Debt	23.05B	63.15B	61.34B	71.63B	74.9B
Net Debt	5.02B	-7B	-551M	53.02B	49.96B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.55B	4B	4.43B	4.95B	4.19B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	28.43M	38.76M	41.27M	46.62M	39.91M
Equity Method Investments, Total	41.95B	41.13B	58.86B	120B	133B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	9.26B	8.08B	12.29B	16.26B	12.08B
Inventories - Finished Goods, Total	9.22B	5.02B	6.67B	10.8B	9.87B
Inventories - Others	6.19B	5.73B	7.81B	10.21B	11.01B
Land - (BS)	17.88B	13.47B	19.69B	21.18B	20.91B
Buildings, Total	17.56B	14.94B	15.74B	42.47B	53.21B
Machinery, Total	80.9B	75.49B	78.15B	139B	134B
Full Time Employees	663	644	573	646	590
Accumulated Allowance for Doubtful Accounts (Supple)	737M	438M	130M	136M	50.12M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	16.7B	25.31B	50.82B	33.27B	18.98B
Depreciation & Amortization - CF	5.61B	6.07B	6.72B	7.68B	11.22B
Amortization of Goodwill and Intangible Assets - (CF)	41.36M	93.76M	103M	116M	129M
Depreciation & Amortization, Total	5.65B	6.16B	6.83B	7.79B	11.35B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
Other Operating Activities, Total	-8.61B	172M	-19.7B	-543M	5.77B
Cash from Operations	13.74B	31.64B	37.95B	40.52B	36.1B
Capital Expenditure	-18.93B	-28.41B	-38B	-28.73B	-11.35B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-10.51B	-45.53B	-1.83B
Divestitures	-	-	17.8B	-	-
Investment in Marketable and Equity Securities, Total	1.31B	15.85B	1.67B	2.02B	-
Other Investing Activities, Total	1.25B	-60K	5.78B	-3.46B	466M
Cash from Investing	-16.37B	-12.55B	-23.24B	-75.69B	-12.71B
Short Term Debt Issued, Total	14.96B	1.46B	-	-	-
Long-Term Debt Issued, Total	-	55.81B	13.03M	-	-
Total Debt Issued	14.96B	57.26B	13.03M	-	-
Long-Term Debt Repaid, Total	-1.85B	-17.5B	-6.91B	-1.96B	-678M
Total Debt Repaid	-1.85B	-17.5B	-6.91B	-1.96B	-678M
Common Dividends Paid	-7.29B	-5.03B	-18.69B	-10.12B	-10.06B
Common & Preferred Stock Dividends Paid	-7.29B	-5.03B	-18.69B	-10.12B	-10.06B
Cash from Financing	5.82B	34.73B	-25.59B	-12.08B	-10.74B
Foreign Exchange Rate Adjustments	-64.41M	-194M	-60.78M	16.88M	351M
Net Change in Cash	3.13B	53.63B	-10.94B	-47.24B	13.01B
Supplemental Items
Cash Interest Paid	252M	1.04B	13.03M	-	-
Cash Income Tax Paid (Refund)	7.95B	4.03B	6B	-2.1B	-484M
Levered Free Cash Flow	-11.35B	-10.29B	3.71B	-7.5B	12.6B
Unlevered Free Cash Flow	-11.09B	-10.11B	3.85B	-7.08B	13.57B
Change In Net Working Capital	8.19B	4.05B	-6.72B	5.22B	-5.6B
Net Debt Issued / Repaid	13.11B	39.76B	-6.9B	-1.96B	-678M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.87	6.29	9.24	5.42	2.09
Return on Total Capital	5.63	7.25	10.77	6.38	2.41
Return On Equity %	9.95	14.54	23.93	14.3	7.39
Return on Common Equity	9.94	14.53	23.92	14.3	7.39
Margin Analysis
Gross Profit Margin %	36.37	41.57	44.38	35.85	31.49
SG&A Margin	22.13	19.86	16.99	18.43	22.96
EBITDA Margin %	18.35	26.07	30.9	21.26	15.59
EBITA Margin %	14.2	21.7	27.35	17.44	8.51
EBIT Margin %	14.16	21.62	27.28	17.37	8.42
Income From Continuing Operations Margin %	14.25	21.85	28.92	18.94	12.55
Net Income Margin %	14.25	21.13	30.62	18.93	12.55
Net Avail. For Common Margin %	14.25	21.84	28.91	18.93	12.55
Normalized Net Income Margin	11.86	15.88	21.44	13.67	8.59
Levered Free Cash Flow Margin	-9.68	-8.59	2.23	-4.27	8.33
Unlevered Free Cash Flow Margin	-9.46	-8.44	2.32	-4.03	8.97
Asset Turnover
Asset Turnover	0.55	0.47	0.54	0.5	0.4
Fixed Assets Turnover	1.37	1.22	1.37	1.17	0.93
Receivables Turnover (Average Receivables)	5.46	5.26	6.84	7.12	7.2
Inventory Turnover (Average Inventory)	3.25	3.34	4.19	3.61	3.04
Short Term Liquidity
Current Ratio	2	4.62	4.71	2.81	3.27
Quick Ratio	1.24	3.22	3.51	1.52	1.81
Operating Cash Flow to Current Liabilities	0.39	1.07	1.5	1.32	1.46
Days Sales Outstanding (Average Receivables)	66.85	69.53	53.35	51.25	50.71
Days Outstanding Inventory (Average Inventory)	112.31	109.6	87.09	101.03	120.25
Average Days Payable Outstanding	44.72	62.4	44.32	46.15	61.27
Cash Conversion Cycle (Average Days)	134.45	116.72	96.12	106.13	109.69
Long Term Solvency
Total Debt/Equity	13.16	34.14	28.37	28.72	28.32
Total Debt / Total Capital	11.63	25.45	22.1	22.31	22.07
LT Debt/Equity	3.01	32.63	27.96	28.45	27.97
Long-Term Debt / Total Capital	2.66	24.33	21.78	22.1	21.8
Total Liabilities / Total Assets