|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Fan Milk Limited
Main Activities: Manufacturing - Food Manufacturing - Beverage and Tobacco Product Manufacturing
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Fan Milk Limited Headquarters No 1 Dadeban Road North Industrial Area Accra Ghana ; Accra; Greater Accra; 6460 |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational ISIN CODE : GH0000000078 Financial Auditors: PricewaterhouseCoopers (2009) Total Employees: 407 Tel: 233 21 224732 |
|
Company Description |
| Fan Milk Limited is a Ghana-based company engaged in the manufacture and distribution of dairy products and fruit drinks. The Company’s products belong to two categories: milk-based, and fruit-based. Its milk-based products consist of a range of ice cream and yoghurts and include such brands as FanYogo (yoghurt), FanChoco (chocolate), as well as FanIce and FanGold (ice cream). The Company’s fruit-based products include Tampico, a citrus fruit drink, and its iced lollies. |
Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first three cumulated quarters of 2012, total net operating revenues increased with 48.47%, from GHC 77,761 thousands to GHC 115,454 thousands. Operating result increased from GHC 16,928 thousands to GHC 27,436 thousands which means 62.07% change. The results of the period increased 62.09% reaching GHC 20,577 thousands at the end of the period against GHC 12,695 thousands last year. Return on equity (Net income/Total equity) went from 22.57% to 26.28%, the Return On Asset (Net income / Total Asset) went from 17.29% to 19.12% and the Net Profit Margin (Net Income/Net Sales) went from 16.33% to 17.82% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 37.47% compared to 30.57% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.08 to 2.40 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2012 Y (cons) |
2012 Q3C (cons) |
|
 | ||
| Non-Audited | Non-Audited | |
| ||
| WVB Company Financials | WVB Company Financials | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
90,572 |
107,641 |
| ||
Current Assets |
38,668 |
63,764 |
| ||
Total Liabilities |
29,008 |
29,340 |
| ||
Shareholders Equity |
61,564 |
78,301 |
| ||
Current Liabilities |
25,253 |
26,516 |
| ||
| * All the accounts are in GHC. | ||
Income Statement
| ||
Total Operating Revenue |
147,658 |
115,454 |
| ||
Operational Profit (Loss) |
32,841 |
27,436 |
| ||
Net Profit (Loss) |
27,081 |
20,577 |
| ||
| * All the accounts are in GHC. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
29.9% |
19.12% |
| ||
Annualised Return on Assets (ROA) |
29.9% |
25.49% |
| ||
Return on Equity (ROE) |
43.99% |
26.28% |
| ||
Annualised Return on Equity (ROE) |
43.99% |
35.04% |
| ||
Return on Sales (ROS) |
18.4% |
18.3% |
| ||
Return on Capital |
43.99% |
26.28% |
| ||
Gross Profit Margin |
54.75% |
51.31% |
| ||
Operating Profit Margin |
27.05% |
26.63% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
36.08x |
17.90x |
| ||
Inventory Turnover |
4.36x |
3.29x |
| ||
Current asset turnover |
3.81x |
1.76x |
| ||
Fixed-asset turnover |
2.84x |
2.56x |
| ||
Asset Turnover |
1.63x |
1.04x |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
32,841 |
27,436 |
| ||
EBITDA |
40,269 |
32,930 |
| ||
Enterprise value |
-19,318 |
-40,842 |
| ||
Enterprise Value / EBITDA |
-0.48 |
-1.24 |
| ||
Bookvalue (BV) |
90,572 |
107,641 |
| ||
Net Cash |
-5,935 |
14,326 |
| Liquidity Ratios | ||
| ||
Current Ratio |
153.12% |
240.47% |
| ||
Quick ratio |
92.65% |
177.73% |
| ||
Doom's day ratio |
76.5% |
154.03% |
| Leverage Ratios | ||
| ||
Leverage ratio |
147.12% |
137.47% |
| ||
Interest Coverage Ratio |
10,392.72% |
|
| ||
Debt to equity |
47.12% |
37.47% |
| ||
Debt to total assets |
32.03% |
27.26% |
| ||
Long Term Debt to Capital |
27.3% |
22.02% |
| Market ratios | ||
| ||
Price/Book Ratio |
4.59 |
3.20 |
| Trend Ratios | ||
| ||
Revenue Trend |
134.71% |
147.54% |
| ||
Net Income Trend |
143.9% |
162.09% |
| ||
Operating Income Trend |
139.29% |
162.07% |
| ||
 |