SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Nigeria
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

AFRIK PHARMACEUTICALS PLC

Main Activities: Chemical Manufacturing - Pharmaceutical and Medicine Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
AFRIK PHARMACEUTICALS PLC

Headquarters
1 Afrik Rd, Awo-Omamma, Owerri, Imo State, Nigeria ; Owerri; Imo
Status: Listed
Legal Form: Other non-liability limited
Operational Status: Operational
ISIN CODE : NGAFRIK00008
Financial Auditors: Julie Chienyenwa Dennis & Co. (2010)
Incorporation Date: June 26, 1992

Tel: +(234) 83 501 089

Company Description

Afrik Pharmaceuticals PLC is involved in the manufacturing, marketing and production of pharmaceuticals product. The Company also owns a Chemical plant that produces synthetic resins. In addition the company runs thousands of pre-qualified Suppliers Trade Leads, Products & Companies.

Company Analysis

According to the Consolidated - Non-Audited financial statement for the Year of 2010, total net operating revenues decreased with -10.81%, from NGN 45,968 thousands to NGN 41,000 thousands. Operating Results decreased from NGN 2,170 thousands to NGN -2,000 thousands. The results of the period reached NGN -2,000 thousands at the end of the period against NGN 1,937 thousands last year. Return on equity (Net income/Total equity) went from 11.37% to -1.30%, the Return On Asset (Net income / Total Asset) went from 4.57% to -0.99% and the Net Profit Margin (Net Income/Net Sales) went from 4.21% to -4.88% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 31.17% compared to 148.50% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.85 to 0.19 when compared to the previous year.

Key Executives

J. Okafor Duru Chairman
J. Okafor Duru Managing Director
A. E. Ukiwe Director
Ann Ogwuma Director
Atinuke Ogundipe Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

202,000

44,599

Current Assets

9,000

24,420

Total Liabilities

48,000

25,301

Shareholders Equity

154,000

19,298

Current Liabilities

48,000

25,301

* All the accounts are in NGN.
Income Statement

Total Operating Revenue

41,000

24,470

Operational Profit (Loss)

-2,000

1,730

Net Profit (Loss)

-2,000

1,532

* All the accounts are in NGN.
Ratios
Profitability Ratios

Return on Assets (ROA)

-0.99%

3.44%

Annualised Return on Assets (ROA)

-0.99%

6.88%

Return on Equity (ROE)

-1.3%

7.94%

Annualised Return on Equity (ROE)

-1.3%

15.88%

Return on Sales (ROS)

-4.88%

6.26%

Return on Capital

-1.3%

7.94%

Gross Profit Margin

-4.88%

7.07%

Operating Profit Margin

-4.88%

7.07%

Efficiency Ratios

Accounts Receivable Turnover

20.5x

2.25x

Inventory Turnover

7.17x

2.08x

Current asset turnover

4.56x

1.00x

Fixed-asset turnover

0.21x

1.21x

Asset Turnover

0.20x

0.55x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

-2,000

1,730

EBITDA

-2,000

1,730

Enterprise value

20,449

9,849

Enterprise Value / EBITDA

-10.22

5.69

Bookvalue (BV)

193,000

44,599

Net Cash

-47,000

-22,701

Liquidity Ratios

Current Ratio

18.75%

96.52%

Quick ratio

6.25%

53.24%

Doom's day ratio

2.08%

10.28%

Leverage Ratios

Leverage ratio

131.17%

231.11%

Debt to equity

31.17%

131.11%

Debt to total assets

23.76%

56.73%

Debt / Enterprise Value

44.01%

0%

Market ratios

Market Capitalization/EBITDA

-6.22

7.20

Price/Book Ratio

0.06

0.28

Market Cap / Net cash

-0.26

-0.55

Trend Ratios

Revenue Trend

89.19%

Net Income Trend

-103.25%

Operating Income Trend

-92.17%