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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Rea Vipingo Plantations Ltd
Main Activities: Agriculture, Forestry, Fishing and Hunting - Support Activities for Agriculture and Forestry
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Company Information |
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Full name Rea Vipingo Plantations Ltd Headquarters 1st Floor, Block D, Wilson Business Park, Langata Road, P.O.Box 17648, Nairobi 00500; Nairobi; Nairobi; P O Box 17648 |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational Financial Auditors: Deloitte Touche Tohmatsu (2009) Total Employees: 3,000 Tel: +254 20 607091 |
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Company Description |
| Rea Vipingo Plantations Ltd is a Kenyan company engaged in the cultivation of sisal and the production of sisal fibre and also acts as a holding company. The principal businesses of the subsidiary companies Comprises of the Cultivation of sisal and the production of sisal and twines. The Company was listed on the Nairobi Stock Exchange since 1996.The REA Vipingo group companies are well capitalised, with a strong equity base and sound management. They include sisal estates in Kenya and Tanzania, | ||
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Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first two cumulated quarters of 2012, total net operating revenues increased with 28.16%, from KES 1,021,438 thousands to KES 1,309,117 thousands. Operating result increased from KES 243,083 thousands to KES 351,784 thousands which means 44.72% change. The results of the period increased 35.85% reaching KES 208,402 thousands at the end of the period against KES 153,402 thousands last year. Return on equity (Net income/Total equity) went from 13.87% to 13.66%, the Return On Asset (Net income / Total Asset) went from 8.12% to 9.27% and the Net Profit Margin (Net Income/Net Sales) went from 15.02% to 15.92% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 47.41% compared to 70.74% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.44 to 2.43 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2012 Y (cons) |
2012 Q2C (cons) |
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| Audited | Non-Audited | |
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| WVB Company Financials | WVB Company Financials | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
2,376,618 |
2,249,188 |
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Current Assets |
879,556 |
859,419 |
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Total Liabilities |
654,473 |
723,354 |
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Shareholders Equity |
1,722,145 |
1,525,834 |
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Current Liabilities |
257,984 |
353,521 |
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| * All the accounts are in KES. | ||
Income Statement
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Total Operating Revenue |
2,671,645 |
1,309,117 |
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Operational Profit (Loss) |
614,724 |
351,784 |
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Net Profit (Loss) |
319,285 |
208,402 |
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| * All the accounts are in KES. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
13.43% |
9.27% |
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Annualised Return on Assets (ROA) |
13.43% |
18.54% |
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Return on Equity (ROE) |
18.54% |
13.66% |
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Annualised Return on Equity (ROE) |
18.54% |
27.32% |
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Return on Sales (ROS) |
12.01% |
16.15% |
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Return on Capital |
18.03% |
13.1% |
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Gross Profit Margin |
50.78% |
50.6% |
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Operating Profit Margin |
25.86% |
25.81% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
137.40x |
4.28x |
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Inventory Turnover |
2.84x |
1.31x |
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Current asset turnover |
3.02x |
1.50x |
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Fixed-asset turnover |
1.78x |
0.93x |
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Asset Turnover |
1.12x |
0.57x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
614,724 |
351,784 |
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EBITDA |
700,068 |
351,784 |
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Enterprise value |
1,142,802 |
993,824 |
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Enterprise Value / EBITDA |
1.63 |
2.83 |
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Bookvalue (BV) |
2,225,515 |
2,157,720 |
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Net Cash |
-229,683 |
-289,877 |
| Liquidity Ratios | ||
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Current Ratio |
340.93% |
243.1% |
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Quick ratio |
162.16% |
105.42% |
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Doom's day ratio |
10.97% |
18% |
| Leverage Ratios | ||
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Leverage ratio |
138% |
147.41% |
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Interest Coverage Ratio |
2,258.6% |
2,108.64% |
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Debt to equity |
38% |
47.41% |
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Debt to total assets |
27.54% |
32.16% |
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Long Term Debt to Capital |
56.93% |
55.21% |
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Debt / Enterprise Value |
13.22% |
9.2% |
| Market ratios | ||
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Market Capitalization/EBITDA |
1.46 |
2.75 |
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Price/Book Ratio |
0.46 |
0.45 |
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Market Cap / Net cash |
-4.44 |
-3.33 |
| Trend Ratios | ||
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Revenue Trend |
117.23% |
127.36% |
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Net Income Trend |
68.34% |
135.85% |
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Operating Income Trend |
88.07% |
144.72% |
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