Schaffner market cap is CHF191.2 m, and annual revenue was CHF171.74 m in FY 2020

Schaffner Gross profit (H1, 2021)28.1 M

Schaffner Gross profit margin (H1, 2021), %31.9%

Schaffner Net income (H1, 2021)4.6 M

Schaffner EBIT (H1, 2021)7 M

Schaffner Cash, 31-Mar-202125.4 M

Schaffner EV201.2 M

Schaffner revenue was CHF171.74 m in FY, 2020 which is a 13% year over year decrease from the previous period.

Schaffner revenue breakdown by business segment: 19.1% from Automotive, 25.6% from Power Magnetics and 55.3% from Electromagnetic Compatibility

Schaffner revenue breakdown by geographic segment: 23.3% from Americas, 29.0% from Asia and 47.7% from Europe

CHF | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 221.5m | 197.4m | 171.7m |

| 13% | (11%) | (13%) |

## Cost of goods sold | 158.6m | 142.3m | 125.4m |

## Gross profit | 62.9m | 55.1m | 46.3m |

| 28% | 28% | 27% |

## Sales and marketing expense | 19.5m | 18.4m | 16.3m |

## R&D expense | 16.9m | 16.1m | 16.1m |

## General and administrative expense | 11.8m | 10.8m | 9.3m |

## Operating expense total | 45.8m | 45.3m | 41.7m |

## EBIT | 17.2m | 9.8m | 4.7m |

| 8% | 5% | 3% |

## Interest expense | 831.0k | 869.0k | 802.0k |

## Interest income | 57.0k | 93.0k | 33.0k |

## Pre tax profit | 15.1m | 8.0m | 3.6m |

## Income tax expense | 5.7m | 832.0k | 923.0k |

## Net Income | 9.4m | 7.2m | 2.7m |

## EPS | 14.8 | 11.4 | 4.3 |

CHF | H1, 2019 | H1, 2020 | H1, 2021 |
---|---|---|---|

## Revenue | 101.4m | 86.0m | 88.1m |

## Cost of goods sold | 72.7m | 63.2m | 60.0m |

## Gross profit | 28.7m | 22.9m | 28.1m |

| 28% | 27% | 32% |

## Sales and marketing expense | 9.7m | 8.6m | 7.7m |

## R&D expense | 7.9m | 8.5m | 8.2m |

## General and administrative expense | 5.9m | 5.1m | 5.1m |

## Operating expense total | 23.5m | 22.2m | 21.1m |

## EBIT | 5.3m | 702.0k | 7.0m |

| 5% | 1% | 8% |

## Pre tax profit | 4.4m | 894.0k | 5.7m |

## Income tax expense | 848.0k | 338.0k | 1.1m |

## Net Income | 3.5m | 556.0k | 4.6m |

## EPS | 5.5 | 0.9 | 7.2 |

CHF | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 19.1m | 18.0m | 14.2m |

## Accounts Receivable | 43.1m | 36.7m | 32.9m |

## Prepaid Expenses | 2.2m | 912.0k | 1.0m |

## Inventories | 40.5m | 37.5m | 31.6m |

## Current Assets | 110.5m | 96.9m | 84.7m |

## PP&E | 28.0m | 34.6m | 33.0m |

## Total Assets | 148.5m | 141.9m | 128.1m |

## Accounts Payable | 25.6m | 24.6m | 15.8m |

## Short-term debt | 36.9m | 197.0k | 222.0k |

## Current Liabilities | 83.1m | 40.4m | 32.0m |

## Long-term debt | 1.3m | 33.5m | 34.4m |

## Non-Current Liabilities | 6.4m | 38.3m | 39.2m |

## Total Debt | 38.2m | 33.7m | 34.6m |

## Total Liabilities | 89.5m | 78.7m | 71.2m |

## Common Stock | 20.7m | 20.7m | 20.7m |

## Additional Paid-in Capital | 36.3m | 31.9m | 30.4m |

## Retained Earnings | 19.6m | 27.3m | 28.3m |

## Total Equity | 59.0m | 63.2m | 57.0m |

## Debt to Equity Ratio | 0.6 x | 0.5 x | 0.6 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.3 x |

## Financial Leverage | 2.5 x | 2.2 x | 2.2 x |

CHF | H1, 2019 | H1, 2020 | H1, 2021 |
---|---|---|---|

## Cash | 17.3m | 16.5m | 25.4m |

## Accounts Receivable | 41.0m | 32.8m | 33.3m |

## Prepaid Expenses | 2.6m | 2.9m | 1.9m |

## Inventories | 40.3m | 35.8m | 32.8m |

## Current Assets | 105.0m | 91.6m | 98.3m |

## PP&E | 30.7m | 33.9m | 33.5m |

## Total Assets | 145.7m | 136.2m | 141.3m |

## Accounts Payable | 27.0m | 21.2m | 23.9m |

## Short-term debt | 215.0k | 838.0k | 232.0k |

## Current Liabilities | 40.9m | 35.8m | 38.2m |

## Long-term debt | 39.4m | 40.1m | 35.2m |

## Non-Current Liabilities | 43.9m | 44.8m | 39.9m |

## Total Debt | 39.6m | 41.0m | 35.4m |

## Total Liabilities | 84.8m | 80.7m | 78.1m |

## Common Stock | 20.7m | 20.7m | 20.7m |

## Additional Paid-in Capital | 31.9m | 30.3m | 29.7m |

## Retained Earnings | 23.4m | 25.9m | 32.0m |

## Total Equity | 60.9m | 55.5m | 63.2m |

## Debt to Equity Ratio | 0.7 x | 0.7 x | 0.6 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x |

## Financial Leverage | 2.4 x | 2.5 x | 2.2 x |

CHF | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 9.4m | 7.2m | 2.7m |

## Depreciation and Amortization | 4.8m | 4.7m | 5.9m |

## Accounts Receivable | (2.2m) | 5.8m | 3.0m |

## Inventories | (3.8m) | 2.8m | 3.9m |

## Accounts Payable | (5.1m) | (1.2m) | (7.6m) |

## Cash From Operating Activities | 11.6m | 14.8m | 9.8m |

## Purchases of PP&E | (10.9m) | (8.5m) | (9.9m) |

## Cash From Investing Activities | (12.7m) | (7.1m) | (10.8m) |

## Long-term Borrowings | (3.7m) | 1.8m | |

## Dividends Paid | (4.1m) | (4.1m) | (3.2m) |

## Cash From Financing Activities | 3.9m | (8.8m) | (2.0m) |

## Net Change in Cash | 2.6m | (1.1m) | (3.8m) |

## Interest Paid | 822.0k | 871.0k | 799.0k |

## Income Taxes Paid | 2.9m | 3.4m | 1.7m |

CHF | FY, 2018 |
---|---|

## Revenue/Employee | 85.6k |

## Debt/Equity | 0.6 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2.5 x |

FY, 2018 | H1, 2019 | FY, 2019 | H1, 2020 | FY, 2020 | H1, 2021 | |
---|---|---|---|---|---|---|

## Order Intake | CHF223.45 m | CHF200.67 m | CHF166.98 m | |||

## Order Intake (Electromagnetic Compatibility) | CHF116.7 m | CHF104.35 m | CHF95.37 m | |||

## Order Intake (Power Magnetics) | CHF57.8 m | CHF56.89 m | CHF31.52 m | |||

## Order Intake (Automotive) | CHF49 m | CHF39.44 m | CHF40.09 m | |||

## Book-to-Bill Ratio | 101% | 106% | 102% | 106% | 97% | 108% |