შპს ზიგი

Ratio	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	31.0%	36.4%	38.7%	43.7%	45.8%	40.5%
EBITDA Margin	24.3%	23.1%	24.3%	29.3%	23.9%	17.5%
EBITDAR	747	795	1,075	1,758	1,532	1,196
EBITDAR Margin	25.4%	23.6%	24.6%	29.5%	24.2%	17.8%
EBIT Margin	23.7%	20.7%	21.4%	27.0%	21.7%	15.3%
Net Profit Margin	22.1%	18.2%	25.3%	27.7%	21.9%	15.1%
Operating Expense % of Sales	6.7%	13.3%	14.4%	14.4%	21.8%	23.0%
Returns
Return on Assets (ROA)	27.4%	16.3%	22.7%	25.6%	19.5%	13.8%
Return on Equity (ROE)	47.5%	30.9%	35.7%	38.6%	28.2%	20.0%
ROIC [EBIT / Invested Capital]	47.8%	37.5%	34.5%	62.5%	51.3%	49.2%
Leverage & debt balances
Debt-to-Assets	32.2%	23.3%	14.1%	6.1%	3.2%	0.6%
Debt-to-Equity	0.56x	0.44x	0.22x	0.09x	0.05x	0.01x
Debt-to-EBITDA	1.07x	1.13x	0.64x	0.22x	0.15x	0.03x
Equity-to-Assets	57.8%	52.8%	63.5%	66.3%	69.3%	69.0%
Net Debt	90	-122	-381	-1,688	-2,229	-2,997
Cash & Equivalents	675	998	1,065	2,078	2,457	3,038
Total Debt	764	877	684	390	228	41
Liquidity & working capital
Current Ratio	2.37x	2.12x	3.57x	2.81x	3.00x	2.90x
Quick Ratio	1.71x	1.30x	3.57x	2.81x	3.00x	2.90x
Cash Ratio	0.67x	0.56x	0.97x	1.07x	1.18x	1.33x
Total Current Assets	2,375	3,756	3,906	5,469	6,249	6,636
Total Current Liabilities	1,003	1,772	1,094	1,950	2,086	2,284
Inventory	664	1,457	N/A	N/A	N/A	N/A
Trade Receivables	120	92	66	167	165	87
Trade Payables	238	893	1,091	1,779	1,945	2,239
Net Working Capital	1,372	1,985	2,812	3,520	4,163	4,352
Net Working Capital % of Revenue	46.6%	58.9%	64.4%	59.1%	65.9%	64.8%
Trade Working Capital	546	656	-1,025	-1,612	-1,780	-2,152
Trade Working Capital % of Revenue	18.5%	19.5%	-23.5%	-27.1%	-28.2%	-32.1%
Change in Trade Working Capital	N/A	110	-1,681	-587	-168	-372
Turnover & efficiency
Inventory Turnover	3.06x	1.47x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	119.3	248.2	N/A	N/A	N/A	N/A
Receivables Turnover	24.50x	36.78x	65.70x	35.73x	38.30x	77.13x
Days Sales Outstanding (DSO)	14.9	9.9	5.6	10.2	9.5	4.7
Payables Turnover	8.53x	2.40x	2.45x	1.88x	1.76x	1.78x
Days Payable Outstanding (DPO)	42.8	152.1	148.9	193.9	207.1	204.7
Cash Conversion Cycle	91.4 days	106.1 days	-143.3 days	-183.7 days	-197.6 days	-199.9 days
Asset Turnover	1.24x	0.90x	0.90x	0.93x	0.89x	0.91x
Cash flow & dividends
Operating Cash Flow	636	743	396	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	-52	370	301	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	88.7%	95.5%	37.2%	N/A	N/A	N/A
Dividends Declared	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

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