შპს ნინი

Ratio	2017	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	39.9%	40.6%	33.2%	14.8%	13.4%	16.3%	32.8%	31.5%
EBITDA Margin	17.3%	24.2%	20.2%	4.0%	4.8%	7.8%	4.5%	12.5%
EBITDAR	316	708	678	115	165	352	271	1,007
EBITDAR Margin	17.3%	24.2%	20.2%	4.0%	4.8%	7.8%	4.5%	12.5%
EBIT Margin	9.8%	21.7%	17.9%	1.5%	2.4%	5.7%	2.5%	10.6%
Net Profit Margin	17.3%	24.2%	18.1%	-7.2%	6.5%	8.7%	4.5%	12.8%
Operating Expense % of Sales	22.6%	16.4%	13.0%	10.8%	8.6%	8.5%	28.3%	18.9%
Returns
Return on Assets (ROA)	29.9%	37.7%	31.9%	-13.2%	14.7%	20.6%	12.4%	32.1%
Return on Equity (ROE)	36.9%	50.0%	43.7%	-26.5%	19.9%	23.6%	14.7%	38.6%
ROIC [EBIT / Invested Capital]	17.8%	41.0%	57.1%	3.1%	7.6%	14.4%	8.5%	47.5%
Leverage & debt balances
Debt-to-Assets	17.6%	21.2%	17.7%	40.4%	14.9%	8.2%	2.9%	0.3%
Debt-to-Equity	0.22x	0.28x	0.24x	0.81x	0.20x	0.09x	0.03x	0.00x
Debt-to-EBITDA	0.59x	0.56x	0.50x	5.56x	1.37x	0.44x	0.24x	0.01x
Equity-to-Assets	81.0%	75.4%	73.0%	49.7%	74.1%	87.3%	84.5%	83.1%
Net Debt	148	138	-339	572	-39	132	-71	-879
Cash & Equivalents	38	260	676	64	266	24	136	888
Total Debt	187	397	337	636	226	156	65	9
Liquidity & working capital
Current Ratio	8.78x	8.09x	3.19x	1.87x	1.40x	3.47x	3.07x	3.71x
Quick Ratio	8.78x	8.09x	2.14x	0.93x	1.40x	3.47x	3.07x	3.71x
Cash Ratio	2.13x	1.78x	1.87x	0.18x	0.67x	0.10x	0.39x	1.64x
Total Current Assets	157	1,183	1,154	671	552	843	1,056	2,008
Total Current Liabilities	18	146	362	359	395	243	344	541
Inventory	N/A	N/A	378	338	N/A	N/A	N/A	N/A
Trade Receivables	119	578	88	265	173	457	224	696
Trade Payables	15	35	64	84	89	44	267	141
Net Working Capital	140	1,037	792	312	157	600	712	1,467
Net Working Capital % of Revenue	7.6%	35.4%	23.6%	10.8%	4.6%	13.3%	11.7%	18.2%
Trade Working Capital	104	543	401	519	85	413	-43	555
Trade Working Capital % of Revenue	5.7%	18.5%	12.0%	18.0%	2.5%	9.1%	-0.7%	6.9%
Change in Trade Working Capital	N/A	438	-141	118	-434	328	-456	598
Turnover & efficiency
Inventory Turnover	N/A	N/A	5.92x	7.26x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	61.6	50.2	N/A	N/A	N/A	N/A
Receivables Turnover	15.35x	5.06x	38.33x	10.87x	19.82x	9.89x	27.13x	11.55x
Days Sales Outstanding (DSO)	23.8	72.1	9.5	33.6	18.4	36.9	13.5	31.6
Payables Turnover	74.71x	49.60x	34.82x	29.08x	33.62x	85.52x	15.29x	39.17x
Days Payable Outstanding (DPO)	4.9	7.4	10.5	12.6	10.9	4.3	23.9	9.3
Cash Conversion Cycle	18.9 days	64.7 days	60.7 days	71.3 days	7.6 days	32.6 days	-10.4 days	22.3 days
Asset Turnover	1.73x	1.56x	1.76x	1.83x	2.26x	2.37x	2.74x	2.51x
Cash flow & dividends
Operating Cash Flow	24	397	1,198	-312	604	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	24	372	1,048	-201	604	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	7.7%	56.1%	176.8%	-272.7%	364.8%	N/A	N/A	N/A
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in ₾ '000. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.

Ownership & group structure

Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.

companyinfo.ge · fetched 2026-07-15