Tea & produce company (LNB Group) that also runs a separate Investment & Financing segment extending working-capital and term loans to group companies.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 161 | 177 | 182 | 179 | 188 | 209 | 215 | 446 |
| Borrowings | 26 | 15 | 51 | 22 | 22 | 46 | 45 | 46 |
| Other Liabilities | 8 | 9 | 11 | 12 | 15 | 14 | 17 | 100 |
| Total Liabilities | 198 | 204 | 248 | 216 | 228 | 272 | 280 | 595 |
| AssetsFixed Assets | 36 | 34 | 32 | 29 | 28 | 26 | 25 | 29 |
| CWIP | 1 | 2 | 2 | 2 | 1 | 1 | 3 | 7 |
| Investments | 111 | 133 | 114 | 116 | 159 | 227 | 230 | 516 |
| Other Assets | 50 | 36 | 100 | 69 | 40 | 18 | 22 | 44 |
| Total Assets | 198 | 204 | 248 | 216 | 228 | 272 | 280 | 595 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -2 | 0 | 3 | 34 | -29 | -1 | -5 | 0 |
| Cash from Investing | 4 | 6 | -2 | -25 | 42 | 6 | -31 | 6 |
| Cash from Financing | -3 | -6 | -1 | -7 | -3 | -3 | 22 | -5 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -5 | -0 | 1 | 34 | -30 | 2 | -6 | -9 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
PKTEA · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.