GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA Reports Q1 FY2023 Earnings Results for Period Ending May 22 2023
May 28, 2023
Earnings Overview
GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA ($LTS:0OJO) reported their first quarter results for FY2023, ending May 22 2023, on March 31 2023. Total revenue for the quarter decreased by 32.1% year-on-year to PLN 712.5 million, while net income was PLN -50.6 million, compared to 15.5 million in the prior year.
Price History
On Monday, May 22 2023, GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA released its financial results for the first quarter of the fiscal year 2023, with its stock opening at €17.7 and closing at €17.7. This growth can be attributed to GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA’s successful cost-cutting measures and efficiency improvements. This indicates that GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA will be able to effectively manage its cash resources and maintain a healthy balance sheet.
Overall, the quarterly performance of GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA was favourable and demonstrated the company’s ability to remain competitive in a challenging market environment. The company’s stock also remained steady throughout the day and closed at €17.7, indicating investor confidence in its long-term prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for 0OJO. More…
| Total Revenues | Net Income | Net Margin |
| 5.01k | -201.56 | -0.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for 0OJO. More…
| Operations | Investing | Financing |
| 1.28k | -195.26 | -1.1k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for 0OJO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.5k | 2.7k | 14.53 |
Key Ratios Snapshot
Some of the financial key ratios for 0OJO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.7% | 87.1% | -3.4% |
| FCF Margin | ROE | ROA |
| 21.3% | -5.8% | -2.4% |
Analysis
At GoodWhale, we recently conducted an analysis of GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA’s wellbeing. Our Risk Rating showed that GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA is a medium risk investment in terms of both financial and business aspects. In our analysis, we uncovered 3 risk warnings in GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA’s income sheet, balance sheet, and financial journal. If you are interested in learning more about these risks, register with us and we can provide you with more detailed information. More…
Peers
Grupa Azoty Zaklady Chemiczne Police SA faces strong competition from several companies including Tuticorin Alkali Chemicals & Fertilizers Ltd, Mangalore Chemicals & Fertilizers Ltd, and Sungbo Chemicals Co Ltd. As a leader in the chemical manufacturing industry, Grupa Azoty Zaklady Chemiczne Police SA must continually strive to meet the demands of its customers and remain ahead of its competitors.
– Tuticorin Alkali Chemicals & Fertilizers Ltd ($BSE:506808)
Tuticorin Alkali Chemicals & Fertilizers Ltd is one of India’s leading producers of alkalis and fertilizers. It has an 8.21 Billion US Dollar market cap as of 2023, making it one of the largest companies in India. Its Return on Equity (ROE) of -41.79% is below the industry average, indicating that the company has not been able to generate satisfactory profits from its investments. The company focuses on producing and supplying alkalis and fertilizers to meet the growing demand in the country. Tuticorin Alkali Chemicals & Fertilizers Ltd has a strong presence in the Indian market, and its products are exported to countries around the world.
– Mangalore Chemicals & Fertilizers Ltd ($BSE:530011)
Mangalore Chemicals & Fertilizers Ltd is India’s leading fertilizer and chemicals manufacturer. The company has a market capitalization of 11.31 billion as of 2023, which is a significant increase from the previous year. The company has achieved a remarkable return on equity of 23.96%, which is a testament to its strong financial performance. The company mainly produces fertilizers, such as urea, di-ammonium phosphate, and muriate of potash, as well as other industrial chemicals. The company caters to both domestic and international markets and is one of the most trusted fertilizer and chemical manufacturers in India.
– Sungbo Chemicals Co Ltd ($KOSE:003080)
Sungbo Chemicals Co Ltd is a leading chemicals manufacturer in South Korea. The company has a market capitalization of 67.46 billion as of 2023. This shows a strong financial position and growth potential for the company. The return on equity (ROE) of Sungbo Chemicals Co Ltd stands at 2.88%, which is relatively low compared to its industry peers, indicating that the company may not be using its resources as efficiently as it could. The company specializes in producing various chemical products, including petrochemicals, specialty chemicals, and plastics.
Summary
An investment analysis of GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SA for the first quarter of FY2023 reveals a decrease in revenue of 32.1% year over year to PLN 712.5 million. This caused a net income loss of PLN -50.6 million, compared to a net income of PLN 15.5 million last year. Though this is a significant decline, investors should consider the short-term impacts of the current pandemic, and be mindful of the company’s long-term prospects. Due diligence is essential in deciding whether GRUPA AZOTY is the right stock investment for their portfolio.
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