HKScan Corporation
_________________________________________________________________________________
HKScan Corporation Financial Snapshot
Operating Performance
Fast Facts
The company reported revenue of US$2,825.60
Headquarters Address Kaivokatu 18, Turku, 20521,Finland
million during the fiscal year 2010 (2010). The
company's revenue grew at a CAGR of 24.58%
Telephone + 358 10 570100
during 2006–2010, with an annual decline of -4.55%
over 2009. In 2010, the company recorded an
Fax + 358 10 5706146 operating margin of 2.27%, as against 2.59% in
<2009.
Website www.hkscan.com
Ticker Symbol, Stock Exchange HKSAV, Helsinki Stock Exchange Revenue and Margins
Number of Employees 8,058
Fiscal Year End December
Revenue (in US$ million) 2,825.60
Revenue (in EUR million) 2,119.20
SWOT Analysis
Return on Equity
Strengths Weaknesses
The company recorded a return on equity (ROE) of
Broad Business Portfolio Substantial Debts 6.65% for 2010, as compared to its peers, Ter Beke
NV (Ticker: TERB), Polski Koncern Miesny DUDA
S.A. (Ticker: DUD) and Chr. Hansen Holding A/S
Focus on Quality Weak Operating Performance (Ticker: CHR), which recorded ROEs of 11.74%,
10.38% and 3.28% respectively. The company
Strong R&D Activities reported a net profit margin of 2.27% in 2010.
Opportunities Threats Return on Equity
Recovering Economy Evolving Consumer Preferences
Strategic Acquisition Risks from Epidemics
Liquidity Position
The company reported a current ratio of 1.13 in 2010,
as compared to its peers, Ter Beke NV, Polski
Koncern Miesny DUDA S.A. and Chr. Hansen Holding
A/S, which recorded current ratios of 0.90, 1.00 and
1.54 respectively. As of December 2010, the
company recorded cash and short-term investments
of worth US$97.87 million, against US$204.00 million
current debt. The company reported a debt to equity
ratio of 1.23 in 2010 as compared to its peers, Ter
Beke NV, Polski Koncern Miesny DUDA S.A. and
Chr. Hansen Holding A/S, which recorded debt to
equity ratios of 0.70, 0.85 and 0.99 respectively.
___________________________________________________________________________________________
HKScan Corporation - SWOT Profile Page 1
HKScan Corporation
_________________________________________________________________________________
TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................12
2.2.4 Operational Efficiency ......................................................................................................................................13
2.2.5 Solvency ..........................................................................................................................................................14
2.2.6 Valuation ..........................................................................................................................................................15
2.3 Competitive Benchmarking ..................................................................................................................................16
2.3.1 Efficiency ..........................................................................................................................................................17
2.3.2 Capital Expenditure ..........................................................................................................................................18
2.3.3 Turnover – Inventory and Asset .......................................................................................................................19
2.3.4 Liquidity ............................................................................................................................................................20
3 Recent Developments .................................................................................