TEL.RO · BVB
Transelectrica: financial statements
Financially weak · see the checkFigures in RON, fiscal years
Revenue and net income
Operating and free cash flow
Margins
Returns
Income statement
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | Last year |
|---|---|---|---|---|---|---|
| Revenue | 2.4B RON | 3.8B RON | 6.3B RON | 4.7B RON | 7.8B RON | +66% |
| Operating income | 176M RON | 11.5M RON | 604M RON | 295M RON | 548M RON | +85% |
| EBITDA | 451M RON | 295M RON | 885M RON | 568M RON | 845M RON | +49% |
| Interest expense | 15.4M RON | 15.9M RON | 73.3M RON | 38.3M RON | 17.2M RON | -55% |
| Profit before tax | 171M RON | 2.3M RON | 596M RON | 293M RON | 557M RON | +90% |
| Income tax | 29.1M RON | 956K RON | 74.0M RON | 29.9M RON | 395K RON | -99% |
| Net income | 143M RON | 1.3M RON | 522M RON | 263M RON | 557M RON | +112% |
Cash flow
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | Last year |
|---|---|---|---|---|---|---|
| Operating cash flow | 610M RON | 199M RON | 486M RON | 659M RON | 855M RON | +30% |
| Capital expenditure | 377M RON | 495M RON | 466M RON | 439M RON | 687M RON | +56% |
| Free cash flow | 233M RON | -296M RON | 19.9M RON | 220M RON | 168M RON | -23% |
| Depreciation & amortization | 275M RON | 284M RON | 281M RON | 272M RON | 297M RON | +9% |
Balance sheet
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | Last year |
|---|---|---|---|---|---|---|
| Cash | 570M RON | 265M RON | 334M RON | 527M RON | 707M RON | +34% |
| Inventory | 47.6M RON | 48.7M RON | 53.1M RON | 62.0M RON | 58.1M RON | -6% |
| Current assets | 1.5B RON | 3.3B RON | 3.7B RON | 2.7B RON | 4.5B RON | +68% |
| Total assets | 5.2B RON | 7.3B RON | 8.2B RON | 8.3B RON | 10.5B RON | +26% |
| Current liabilities | 1.1B RON | 3.1B RON | 3.6B RON | 2.4B RON | 4.0B RON | +70% |
| Financial debt | 135M RON | 107M RON | 154M RON | 63.5M RON | 40.6M RON | -36% |
| Total liabilities | 1.8B RON | 3.9B RON | 4.3B RON | 3.3B RON | 4.9B RON | +49% |
| Shareholders' equity | 3.4B RON | 3.4B RON | 3.9B RON | 5.1B RON | 5.7B RON | +12% |
| Net debt | -435M RON | -158M RON | -180M RON | -463M RON | -667M RON | -44% |
Dividend profile
- Paying in a row
- 5+ years
- Raised in a row
- 0 years
- Growth per year
- n/a
- Paid out of profit
- 5.6%
- Paid out of free cash
- 18.4%
Without share prices EdgeScore shows no dividend yield.
Dividends
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | Last year |
|---|---|---|---|---|---|---|
| Dividends paid | 35.6M RON | 63.7M RON | 640K RON | 52.8M RON | 21.7M RON | -59% |
| Dividends / net income | 25.0% | 4882.8% | 0.1% | 20.1% | 3.9% | |
| Dividends / free cash flow | 15.3% | — | 3.2% | 24.0% | 12.9% |
Ratios
| 2020 | 2021 | 2022 | 2023 | 2024 | Last year | |
|---|---|---|---|---|---|---|
| Operating margin | 7.4% | 0.3% | 9.6% | 6.3% | 7.0% | |
| Net margin | 6.0% | 0.0% | 8.3% | 5.6% | 7.1% | |
| Return on equity | 4.2% | 0.0% | 13.4% | 5.2% | 9.8% | |
| Return on assets | 2.7% | 0.0% | 6.4% | 3.2% | 5.3% | |
| Return on invested capital | 4.9% | 0.2% | 15.2% | 6.4% | 11.4% | |
| Debt / equity | 0.04 | 0.03 | 0.04 | 0.01 | 0.01 | |
| Net debt / EBITDA | -1.0x | -0.5x | -0.2x | -0.8x | -0.8x | |
| Interest coverage | 11.5x | 0.7x | 8.2x | 7.7x | 31.8x | |
| Current ratio | 1.38 | 1.05 | 1.04 | 1.15 | 1.14 | |
| Quick ratio | 1.34 | 1.04 | 1.03 | 1.12 | 1.12 |
Data source: Bucharest Stock Exchange (ESEF), company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.
For information and education only. Not investment advice. Data may contain errors.