Cash flow Mobile World Investment Corporation

Equities

MWG

VN000000MWG0

Computer & Electronics Retailers

End-of-day quote Ho Chi Minh S.E. Other stock markets 2024-09-18			5-day change	1st Jan Change
68,200.00 ^VND	+2.10%		+0.59%	+59.35%

Aug. 01	Jefferies Adjusts Mobile World Investment's Price Target to 75,559.90 Dong From 68,611.10 Dong, Keeps at Buy	MT
Jul. 30	Mobile World Investment Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

243.gkO3eFYBEXjC7Is_TonyeygjNzuEadxFyV6oxCvFulg.6iLlTwJwWiqnuMlXKsSDSUFtQGnbApoyj2r_lx6rzB3HCvM7MWwkGrKmuw

Published financial data: MOBILE WORLD INVESTMENT CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	102,174B	108,546B	122,958B	133,405B	118,280B
Total Revenues	102,174B	108,546B	122,958B	133,405B	118,280B
Cost of Goods Sold, Total	82,686B	84,592B	95,326B	102,543B	95,759B
Gross Profit	19,488B	23,954B	27,632B	30,862B	22,521B
Selling General & Admin Expenses, Total	14,511B	18,738B	21,738B	24,218B	22,084B
Other Operating Expenses, Total	14,511B	18,738B	21,738B	24,218B	22,084B
Operating Income	4,977B	5,216B	5,895B	6,644B	436B
Interest Expense, Total	-568B	-594B	-674B	-1,362B	-1,448B
Interest And Investment Income	344B	567B	968B	854B	1,828B
Net Interest Expenses	-225B	-26.58B	294B	-508B	380B
Income (Loss) On Equity Invest.	-3.47B	-3.71B	-2.21B	-	-
Currency Exchange Gains (Loss)	329M	276M	-20.11B	130B	-79.78B
Other Non Operating Income (Expenses)	304B	223B	306B	291B	254B
EBT, Excl. Unusual Items	5,053B	5,410B	6,472B	6,557B	990B
Gain (Loss) On Sale Of Assets	-	-	-	-501B	-301B
EBT, Incl. Unusual Items	5,053B	5,410B	6,472B	6,056B	690B
Income Tax Expense	1,217B	1,490B	1,570B	1,955B	522B
Earnings From Continuing Operations	3,836B	3,920B	4,901B	4,102B	168B
Net Income to Company	3,836B	3,920B	4,901B	4,102B	168B
Minority Interest	-1.97B	-2.1B	-2.56B	-1.95B	-160M
Net Income - (IS)	3,834B	3,918B	4,899B	4,100B	168B
Net Income to Common Incl Extra Items	3,834B	3,918B	4,899B	4,100B	168B
Net Income to Common Excl. Extra Items	3,834B	3,918B	4,899B	4,100B	168B
Per Share Items
Net EPS - Basic	2.89K	2.88K	3.45K	2.81K	114.63
Basic EPS - Continuing Operations	2.89K	2.88K	3.45K	2.81K	114.63
Basic Weighted Average Shares Outstanding	1.33B	1.36B	1.42B	1.46B	1.46B
Net EPS - Diluted	2.89K	2.88K	3.45K	2.81K	114.63
Diluted EPS - Continuing Operations	2.89K	2.88K	3.45K	2.81K	114.63
Diluted Weighted Average Shares Outstanding	1.33B	1.36B	1.42B	1.46B	1.46B
Normalized Basic EPS	2.38K	2.49K	2.85K	2.81K	423.08
Normalized Diluted EPS	2.38K	2.49K	2.85K	2.81K	423.08
Dividend Per Share	500	166.67	500	500	500
Payout Ratio	17.35	17.33	4.89	17.85	436.14
Supplemental Items
EBITDA	6,419B	7,410B	8,813B	10,184B	3,788B
EBITA	5,038B	5,278B	5,956B	6,711B	503B
EBIT	4,977B	5,216B	5,895B	6,644B	436B
Total Revenues (As Reported)	102,174B	108,546B	122,958B	133,405B	-
Effective Tax Rate - (Ratio)	24.09	27.54	24.26	32.27	75.67
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	1,248B	1,598B	1,633B	1,793B	433B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-31.15B	-109B	-62.82B	162B	88.61B
Normalized Net Income	3,156B	3,379B	4,042B	4,096B	619B
Supplemental Operating Expense Items
Selling and Marketing Expenses	12,437B	15,334B	17,914B	22,337B	20,917B
General and Administrative Expenses	2,074B	3,404B	3,823B	1,881B	1,168B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3,115B	7,348B	4,142B	5,061B	5,366B
Short Term Investments	3,137B	8,057B	14,237B	10,069B	18,937B
Total Cash And Short Term Investments	6,252B	15,405B	18,379B	15,130B	24,303B
Accounts Receivable, Total	262B	196B	384B	178B	308B
Other Receivables	1,348B	1,006B	1,432B	2,418B	2,686B
Notes Receivable	-	80B	962B	16.92B	2,086B
Total Receivables	1,610B	1,282B	2,778B	2,613B	5,080B
Inventory	25,745B	19,422B	29,167B	25,696B	21,824B
Prepaid Expenses	487B	564B	569B	565B	481B
Other Current Assets, Total	917B	644B	1,062B	573B	262B
Total Current Assets	35,012B	37,317B	51,955B	44,578B	51,950B
Gross Property Plant And Equipment	9,236B	13,096B	18,067B	20,965B	20,144B
Accumulated Depreciation	-3,773B	-5,696B	-8,420B	-11,188B	-13,708B
Net Property Plant And Equipment	5,463B	7,400B	9,647B	9,777B	6,436B
Long-term Investments	56.46B	52.76B	-	231B	747B
Goodwill	491B	430B	368B	307B	246B
Other Intangibles, Total	28.5B	27.64B	80.21B	74.17B	68.82B
Loans Receivable Long-Term	-	-	-	9.74B	9.24B
Deferred Tax Assets Long-Term	179B	287B	350B	189B	101B
Other Long-Term Assets, Total	479B	516B	571B	669B	554B
Total Assets	41,708B	46,031B	62,971B	55,834B	60,111B
Liabilities
Accounts Payable, Total	12,055B	8,728B	12,180B	8,746B	7,927B
Accrued Expenses, Total	2,159B	3,901B	4,543B	2,963B	2,132B
Short-term Borrowings	13,031B	15,625B	20,748B	12,511B	19,496B
Current Portion of Long-Term Debt	-	-	3,900B	-	-
Current Income Taxes Payable	347B	451B	551B	539B	112B
Unearned Revenue Current, Total	334M	308M	-	387M	3.41B
Other Current Liabilities	850B	717B	672B	1,241B	1,095B
Total Current Liabilities	28,442B	29,423B	42,593B	26,000B	30,765B
Long-Term Debt	1,122B	1,127B	-	5,901B	5,985B
Deferred Tax Liability Non Current	-	-	-	-	1.17B
Total Liabilities	29,565B	30,549B	42,593B	31,902B	36,752B
Common Stock, Total	4,435B	4,532B	7,131B	14,639B	14,634B
Additional Paid In Capital	555B	558B	558B	558B	558B
Retained Earnings	7,150B	10,390B	12,675B	8,724B	8,160B
Treasury Stock	-5.66B	-6.04B	-2.32B	-5.03B	-9.78B
Comprehensive Income and Other	1.1B	-1.44B	5.39B	2.26B	3.74B
Total Common Equity	12,136B	15,472B	20,366B	23,918B	23,346B
Minority Interest	7.79B	9.28B	11.84B	14.51B	13.4B
Total Equity	12,144B	15,482B	20,378B	23,933B	23,360B
Total Liabilities And Equity	41,708B	46,031B	62,971B	55,834B	60,111B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.33B	1.36B	1.43B	1.46B	1.46B
ECS Total Common Shares Outstanding	1.33B	1.36B	1.43B	1.46B	1.46B
Book Value / Share	9.14K	11.4K	14.29K	16.34K	15.96K
Tangible Book Value	11,616B	15,015B	19,918B	23,537B	23,032B
Tangible Book Value Per Share	8.75K	11.06K	13.97K	16.08K	15.75K
Total Debt	14,153B	16,752B	24,647B	18,412B	25,481B
Net Debt	7,901B	1,347B	6,269B	3,282B	1,179B
Minority Interest, Total (Incl. Fin. Div)	7.79B	9.28B	11.84B	14.51B	13.4B
Equity Method Investments, Total	56.46B	52.76B	-	181B	287B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	26,050B	19,926B	29,546B	25,766B	22,029B
Inventories - Others	146B	-	304B	292B	-
Buildings, Total	7,554B	10,634B	14,947B	17,301B	16,662B
Machinery, Total	1,594B	2,330B	3,040B	3,540B	3,478B
Full Time Employees	58K	68.1K	70.47K	74.01K	65.41K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	3,834B	3,918B	4,899B	4,100B	168B
Depreciation & Amortization - CF	1,381B	2,132B	2,857B	3,473B	3,285B
Amortization of Goodwill and Intangible Assets - (CF)	61.39B	61.39B	61.39B	66.74B	66.74B
Depreciation & Amortization, Total	1,442B	2,194B	2,919B	3,540B	3,351B
Amortization of Deferred Charges, Total - (CF)	740M	1.81B	1.91B	688M	-
(Gain) Loss From Sale Of Asset	-341B	-558B	-959B	-349B	-1,509B
Other Operating Activities, Total	233B	85.97B	308B	-131B	-409B
Change In Accounts Receivable	-676B	850B	-828B	-589B	672B
Change In Inventories	-8,375B	6,270B	-9,924B	3,792B	4,169B
Change In Accounts Payable	2,824B	-1,894B	3,782B	-2,287B	-3,137B
Change in Other Net Operating Assets	-228B	-75.12B	-27.49B	-101B	130B
Cash from Operations	-1,286B	10,792B	171B	7,976B	3,436B
Capital Expenditure	-3,067B	-3,911B	-4,977B	-4,465B	-523B
Sale of Property, Plant, and Equipment	1.29B	2.02B	1.11B	5.33B	31.28B
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-3,086B	6,512B	12,148B	25,671B	22,700B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-11,512B	-19,225B	-20,799B	-34,151B
Other Investing Activities, Total	279B	335B	799B	1,138B	1,113B
Cash from Investing	-5,873B	-8,574B	-11,255B	1,549B	-10,831B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	45,906B	51,168B	63,936B	65,252B	70,374B
Total Debt Issued	45,906B	51,168B	63,936B	65,252B	70,374B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-38,802B	-48,574B	-56,045B	-73,314B	-61,933B
Total Debt Repaid	-38,802B	-48,574B	-56,045B	-73,314B	-61,933B
Issuance of Common Stock	90.45B	105B	228B	192B	-
Repurchase of Common Stock	-4.85B	-6.04B	-2.32B	-5.03B	-9.78B
Common Dividends Paid	-665B	-679B	-240B	-732B	-731B
Common & Preferred Stock Dividends Paid	-665B	-679B	-240B	-732B	-731B
Other Financing Activities, Total	-	-	-	719M	443M
Cash from Financing	6,525B	2,014B	7,877B	-8,606B	7,700B
Foreign Exchange Rate Adjustments	27.16M	36.87M	147M	-61.92M	369M
Net Change in Cash	-634B	4,233B	-3,206B	919B	305B
Supplemental Items
Cash Interest Paid	538B	564B	585B	1,322B	1,436B
Cash Income Tax Paid (Refund)	1,092B	1,495B	1,533B	1,805B	860B
Levered Free Cash Flow	-4,738B	6,407B	-6,310B	2,049B	1,775B
Unlevered Free Cash Flow	-4,383B	6,778B	-5,888B	2,901B	2,680B
Change In Net Working Capital	5,870B	-5,234B	7,516B	327B	421B
Net Debt Issued / Repaid	7,104B	2,594B	7,891B	-8,062B	8,440B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.91	7.43	6.76	6.99	0.47
Return on Total Capital	14.7	11.14	9.54	9.51	0.6
Return On Equity %	36.32	28.38	27.34	18.51	0.71
Return on Common Equity	36.32	28.38	27.34	18.52	0.71
Margin Analysis
Gross Profit Margin %	19.07	22.07	22.47	23.13	19.04
SG&A Margin	14.2	17.26	17.68	18.15	18.67
EBITDA Margin %	6.28	6.83	7.17	7.63	3.2
EBITA Margin %	4.93	4.86	4.84	5.03	0.43
EBIT Margin %	4.87	4.81	4.79	4.98	0.37
Income From Continuing Operations Margin %	3.75	3.61	3.99	3.07	0.14
Net Income Margin %	3.75	3.61	3.98	3.07	0.14
Net Avail. For Common Margin %	3.75	3.61	3.98	3.07	0.14
Normalized Net Income Margin	3.09	3.11	3.29	3.07	0.52
Levered Free Cash Flow Margin	-4.64	5.9	-5.13	1.54	1.5
Unlevered Free Cash Flow Margin	-4.29	6.24	-4.79	2.17	2.27
Asset Turnover
Asset Turnover	2.93	2.47	2.26	2.25	2.04
Fixed Assets Turnover	22.64	16.88	14.43	13.74	14.59
Receivables Turnover (Average Receivables)	323.42	473.32	423.53	474.5	486.21
Inventory Turnover (Average Inventory)	3.83	3.75	3.92	3.74	4.03
Short Term Liquidity
Current Ratio	1.23	1.27	1.22	1.71	1.69
Quick Ratio	0.28	0.56	0.47	0.68	0.89
Operating Cash Flow to Current Liabilities	-0.05	0.37	0	0.31	0.11
Days Sales Outstanding (Average Receivables)	1.13	0.77	0.86	0.77	0.75
Days Outstanding Inventory (Average Inventory)	95.33	97.71	93.02	97.64	90.57
Average Days Payable Outstanding	40.72	48.59	36.32	38.55	33.11
Cash Conversion Cycle (Average Days)	55.74	49.89	57.57	59.86	58.2
Long Term Solvency
Total Debt/Equity	116.55	108.2	120.95	76.93	109.08
Total Debt / Total Capital	53.82	51.97	54.74	43.48	52.17
LT Debt/Equity	9.24	7.28	-	24.66	25.62
Long-Term Debt / Total Capital	4.27	3.5	-	13.94	12.25
Total Liabilities / Total Assets	70.88	66.37	67.64	57.14	61.14
EBIT / Interest Expense	8.76	8.78	8.74	4.88	0.3
EBITDA / Interest Expense	11.3	12.47	13.07	7.48	2.62
(EBITDA - Capex) / Interest Expense	5.9	5.89	5.69	4.2	2.25
Total Debt / EBITDA	2.2	2.26	2.8	1.81	6.73
Net Debt / EBITDA	1.23	0.18	0.71	0.32	0.31
Total Debt / (EBITDA - Capex)	4.22	4.79	6.42	3.22	7.81
Net Debt / (EBITDA - Capex)