|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
CEMENT CO N.NIG
Main Activities: Nonmetallic Mineral Product Manufacturing - Cement and Concrete Product Manufacturing
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name CEMENT CO N.NIG Headquarters Km 10, Kalambaina Road,. Head Office: Km 10, Kalambaina Road, P. M. B. 02166, Sokoto, Sokoto State. ; Sokoto; Sokoto |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational ISIN CODE : NGCCNN000003 Financial Auditors: Mu’Allahyidi & Co (2010) Incorporation Date: October 4, 1993 Tel: +234-060-236887/0803 7019 766 |
|
Company Description |
| Cement Company of Northern Nigeria PLC is a company involve in the manufacturing and wholesale distribution of Cement. The company manufactures also Stone, Clay, Glass, Concrete products and Hydraulic. Under the civilian administration of Chief Olusegun Obasanjo, Cement Company of Northern Nigeria Plc was earmarked as one of the companies to be fully privatized. In July 2000 therefore, public bidding for the Company was concluded and Scancem International ANS of Norway, a member of HeidelbergCement | ||
|
||
Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the Year of 2011, total net operating revenues increased with 32.93%, from NGN 11,181,000 thousands to NGN 14,862,918 thousands. Operating result increased from NGN 1,752,000 thousands to NGN 3,489,259 thousands which means 99.16% change. The results of the period increased 81.56% reaching NGN 2,304,000 thousands at the end of the period against NGN 1,269,000 thousands last year. Return on equity (Net income/Total equity) went from 23.10% to 23.61%, the Return On Asset (Net income / Total Asset) went from 11.78% to 18.33% and the Net Profit Margin (Net Income/Net Sales) went from 11.35% to 15.50% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 28.79% compared to 96.13% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.02 to 2.45 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2012 Q2C (cons) |
2011 Y (cons) |
|
 | ||
| Non-Audited | Non-Audited | |
| ||
| WVB Company Financials | WVB Company Financials | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
15,097,664 |
12,568,167 |
| ||
Current Assets |
8,886,918 |
6,885,167 |
| ||
Total Liabilities |
7,468,772 |
2,809,746 |
| ||
Shareholders Equity |
7,628,892 |
9,758,421 |
| ||
Current Liabilities |
6,588,511 |
2,809,746 |
| ||
| * All the accounts are in NGN. | ||
Income Statement
| ||
Total Operating Revenue |
8,544,775 |
14,862,918 |
| ||
Operational Profit (Loss) |
976,246 |
3,489,259 |
| ||
Net Profit (Loss) |
620,737 |
2,304,000 |
| ||
| * All the accounts are in NGN. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
4.11% |
18.33% |
| ||
Annualised Return on Assets (ROA) |
8.22% |
18.33% |
| ||
Return on Equity (ROE) |
8.14% |
23.61% |
| ||
Annualised Return on Equity (ROE) |
16.28% |
23.61% |
| ||
Return on Sales (ROS) |
7.71% |
16.56% |
| ||
Return on Capital |
8.14% |
23.61% |
| ||
Gross Profit Margin |
29.61% |
45.17% |
| ||
Operating Profit Margin |
6% |
18.28% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
4.91x |
22.49x |
| ||
Inventory Turnover |
0.94x |
1.57x |
| ||
Current asset turnover |
0.91x |
2.02x |
| ||
Fixed-asset turnover |
1.30x |
2.45x |
| ||
Asset Turnover |
0.53x |
1.11x |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
976,246 |
3,490,918 |
| ||
EBITDA |
976,246 |
3,490,918 |
| ||
Enterprise value |
6,091,914 |
4,792,232 |
| ||
Enterprise Value / EBITDA |
6.24 |
1.37 |
| ||
Bookvalue (BV) |
15,097,664 |
12,568,167 |
| ||
Net Cash |
-5,355,291 |
-2,201,244 |
| Liquidity Ratios | ||
| ||
Current Ratio |
134.89% |
245.05% |
| ||
Quick ratio |
43.61% |
72.65% |
| ||
Doom's day ratio |
18.72% |
21.66% |
| Leverage Ratios | ||
| ||
Leverage ratio |
197.9% |
128.79% |
| ||
Interest Coverage Ratio |
1,654.49% |
1,787.84% |
| ||
Debt to equity |
97.9% |
28.79% |
| ||
Debt to total assets |
49.47% |
22.36% |
| ||
Long Term Debt to Capital |
100% |
|
| Market ratios | ||
| ||
Market Capitalization/EBITDA |
7.50 |
1.55 |
| ||
Price/Book Ratio |
0.49 |
0.43 |
| ||
Market Cap / Net cash |
-1.37 |
-2.45 |
| Trend Ratios | ||
| ||
Revenue Trend |
114.25% |
124.45% |
| ||
Net Income Trend |
57.82% |
181.56% |
| ||
Operating Income Trend |
54.88% |
199.25% |
| ||
 |