|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Socotab (Сокотаб)
Main Activities: Beverage and Tobacco Product Manufacturing - Crop Production - Oilseed and Grain Farming
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Socotab (Сокотаб ЕООД) Previous name(s) Socotab Bulgaria (2009) Headquarters Radinovo village; Plovdiv; Plovdiv; 4202 Legal Address 2A, Saborna Str.; Sofia; Sofia - city; 1000 |
Status: Non-Listed Legal Form: Limited Liability Company Operational Status: Operational BG VAT Identification Code: BG831360716 BULSTAT: 831360716 Financial Auditors: Ernst & Young (2010) Total Employees: 785 Tel: (+359 32) 904 140, (+359 2) 930 89 40 |
|
Company Description |
|
U.S. firm Socotab, one of the world's leading oriental tobacco merchants, set foot in Bulgaria in 1972 and has its own licence for processing tobacco since 2002. Socotab buys tobacco of the sorts Krumovgrad, Iztochen Balkan, Dzhebel, and Nevrokop. The company exports its entire output to global cigarette concerns such as Altria Group Inc's Philip Morris unit, British American Tobacco, Japan Tobacco, RJ Reynolds and Imperial Tobacco. In March 2004, the company opened a EUR 30 million factory |
||
|
||
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2009, total net operating revenues increased with 61.31%, from BGN 105,344 thousands to BGN 169,935 thousands. Operating result decreased from BGN 21,430 thousands to BGN 17,661 thousands which means -17.59% change. The results of the period decreased -10.00% reaching BGN 13,341 thousands at the end of the period against BGN 14,823 thousands last year. Return on equity (Net income/Total equity) went from 31.44% to 29.22%, the Return On Asset (Net income / Total Asset) went from 10.46% to 10.17% and the Net Profit Margin (Net Income/Net Sales) went from 14.07% to 7.85% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 187.41% compared to 200.63% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.18 to 1.22 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2011 Y (non-cons) |
2009 Y (non-cons) |
|
 | ||
| Audited | Audited | |
| ||
| ISI Financial Statements | ISI Financial Statements | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
134,102 |
131,242 |
| ||
Current Assets |
XXX,XXX |
XXX,XXX |
| ||
Total Liabilities |
XX,XXX |
XX,XXX |
| ||
Shareholders Equity |
XX,XXX |
XX,XXX |
| ||
Current Liabilities |
XX,XXX |
XX,XXX |
| ||
| * All the accounts are in BGN. | ||
Income Statement
| ||
Total Operating Revenue |
XXX,XXX |
XXX,XXX |
| ||
Operational Profit (Loss) |
X,XXX |
XX,XXX |
| ||
Net Profit (Loss) |
X,XXX |
XX,XXX |
| ||
| * All the accounts are in BGN. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
X.XX% |
XX.XX% |
| ||
Annualised Return on Assets (ROA) |
X.XX% |
XX.XX% |
| ||
Return on Equity (ROE) |
X.XX% |
XX.XX% |
| ||
Annualised Return on Equity (ROE) |
X.XX% |
XX.XX% |
| ||
Return on Sales (ROS) |
X.XX% |
X.XX% |
| ||
Return on Capital |
X.XX% |
XX.XX% |
| ||
Operating Profit Margin |
X.XX% |
XX.X% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
X.XXx |
XX.XXx |
| ||
Current asset turnover |
X.XXx |
X.XXx |
| ||
Fixed-asset turnover |
X.XXx |
X.XXx |
| ||
Asset Turnover |
X.XXx |
X.XXx |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
X,XXX |
XX,XXX |
| ||
EBITDA |
X,XXX |
XX,XXX |
| ||
Bookvalue (BV) |
XX,XXX |
XX,XXX |
| ||
Net Cash |
-XX,XXX |
-XX,XXX |
| Liquidity Ratios | ||
| ||
Current Ratio |
XXX.XX% |
XXX.XX% |
| ||
Quick ratio |
XX.X% |
XX.X% |
| ||
Doom's day ratio |
X.XX% |
X.X% |
| Leverage Ratios | ||
| ||
Leverage ratio |
XXX.XX% |
XXX.XX% |
| ||
Debt to equity |
XXX.XX% |
XXX.XX% |
| ||
Debt to total assets |
XX.XX% |
XX.XX% |
| ||
Long Term Debt to Capital |
X.XX% |
X.XX% |
| Trend Ratios | ||
| ||
Revenue Trend |
X% |
XXX.X% |
| ||
Net Income Trend |
X% |
XX% |
| ||
Operating Income Trend |
X% |
XX.XX% |
| ||
 |