€36.5 B

ZF Group Revenue FY, 2019
ZF Group Revenue growth (FY, 2018 - FY, 2019), %(1%)
ZF Group Gross profit (FY, 2019)5.8 B
ZF Group Gross profit margin (FY, 2019), %15.7%
ZF Group Net income (FY, 2019)400 M
ZF Group EBIT (FY, 2019)927 M
ZF Group Cash, 31-Dec-20192.3 B

ZF Group Revenue

ZF Group revenue was €36.52 b in FY, 2019 which is a 1.1% year over year decrease from the previous period.

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ZF Group Funding

Summary Metrics

Founding Date

1915

ZF Group Revenue Breakdown

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ZF Group revenue breakdown by business segment: 7.4% from Aftermarket, 26.7% from Active and Passive Safety Technology, 5.9% from E-Mobility, 7.5% from Industrial Technology, 9.3% from Commercial Vehicle Technology, 19.3% from Car Chassis Technology, 18.4% from Car Powertrain Technology and 5.5% from Other

ZF Group revenue breakdown by geographic segment: 21.5% from Asia-Pacific, 28.6% from North America, 45.7% from Europe and 4.2% from Other

ZF Group Income Statement

Annual

EURFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

35.2b36.4b36.9b36.5b

Revenue growth, %

4%1%(1%)

Cost of goods sold

29.1b29.9b30.8b30.8b

Gross profit

6.1b6.5b6.1b5.8b

Gross profit Margin, %

17%18%16%16%

Sales and marketing expense

1.3b1.3b1.3b1.3b

R&D expense

1.9b2.2b2.2b2.3b

General and administrative expense

1.3b1.3b1.3b1.3b

Operating expense total

4.4b4.8b4.6b4.8b

EBIT

1.7b1.8b1.5b927.0m

EBIT margin, %

5%5%4%3%

Interest expense

469.0m408.0m283.0m309.0m

Interest income

67.0m93.0m34.0m54.0m

Pre tax profit

1.3b1.4b1.2b540.0m

Income tax expense

357.0m242.0m260.0m140.0m

Net Income

924.0m1.2b965.0m400.0m

Half Year

EURH1, 2017H1, 2018H1, 2019

Revenue

18.3b18.7b18.4b

Cost of goods sold

15.1b15.6b15.6b

Gross profit

3.3b3.1b2.8b

Gross profit Margin, %

18%17%15%

Sales and marketing expense

632.0m645.0m636.0m

R&D expense

1.1b1.1b1.1b

General and administrative expense

637.0m633.0m665.0m

Operating expense total

2.4b2.2b2.4b

EBIT

895.0m887.0m378.0m

EBIT margin, %

5%5%2%

Interest expense

192.0m146.0m141.0m

Interest income

58.0m20.0m23.0m

Pre tax profit

747.0m744.0m223.0m

Income tax expense

188.0m176.0m57.0m

Net Income

559.0m568.0m166.0m

ZF Group Balance Sheet

Annual

EURFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.6b1.3b922.0m2.3b

Accounts Receivable

5.2b5.3b5.2b5.0b

Prepaid Expenses

50.0m74.0m66.0m56.0m

Inventories

2.9b3.1b3.9b3.9b

Current Assets

10.4b11.2b10.7b14.8b

PP&E

6.6b6.2b6.6b7.7b

Goodwill

4.5b4.0b4.1b4.2b

Total Assets

29.1b27.8b27.0b32.4b

Accounts Payable

5.3b5.9b5.5b5.4b

Short-term debt

926.0m1.4b606.0m1.3b

Current Liabilities

9.3b10.4b9.6b10.2b

Long-term debt

7.5b5.1b4.5b8.4b

Non-Current Liabilities

13.7b10.6b10.0b15.1b

Total Debt

8.4b6.4b5.1b9.7b

Common Stock

500.0m500.0m500.0m500.0m

Retained Earnings

4.9b5.6b6.3b5.9b

Total Equity

6.1b6.8b7.4b7.1b

Debt to Equity Ratio

1.4 x1 x0.7 x1.4 x

Debt to Assets Ratio

0.3 x0.2 x0.2 x0.3 x

Financial Leverage

4.8 x4.1 x3.6 x4.6 x

Half Year

EURH1, 2017H1, 2018H1, 2019

Cash

1.1b1.2b856.0m

Accounts Receivable

5.7b6.0b5.6b

Inventories

3.0b4.2b4.1b

Current Assets

10.5b12.3b11.5b

PP&E

6.2b6.2b7.2b

Total Assets

28.1b28.3b28.7b

Accounts Payable

5.2b5.8b5.2b

Short-term debt

1.4b1.5b1.9b

Current Liabilities

9.4b10.9b10.9b

Long-term debt

6.3b4.5b4.6b

Non-Current Liabilities

12.2b10.1b10.8b

Total Debt

7.7b6.0b6.5b

Common Stock

500.0m500.0m500.0m

Retained Earnings

5.3b6.1b5.8b

Total Equity

6.5b7.3b7.0b

Debt to Equity Ratio

1.2 x0.8 x0.9 x

Debt to Assets Ratio

0.3 x0.2 x0.2 x

Financial Leverage

4.3 x3.9 x4.1 x

ZF Group Cash Flow

Annual

EURFY, 2016FY, 2017FY, 2018FY, 2019

Depreciation and Amortization

2.2b2.1b1.8b2.0b

Accounts Receivable

(485.0m)(478.0m)93.0m220.0m

Inventories

(30.0m)(391.0m)(264.0m)9.0m

Accounts Payable

(94.0m)(131.0m)

Cash From Operating Activities

3.3b3.4b2.4b2.4b

Purchases of PP&E

(1.2b)(1.3b)(1.6b)(1.7b)

Cash From Investing Activities

(992.0m)(1.6b)(842.0m)(4.2b)

Long-term Borrowings

(2.9b)(2.8b)(4.8b)(9.1b)

Dividends Paid

(78.0m)(122.0m)(235.0m)(199.0m)

Cash From Financing Activities

(2.2b)(1.9b)(1.9b)3.2b

Net Change in Cash

108.0m(163.0m)(395.0m)1.5b

Interest Paid

344.0m377.0m229.0m298.0m

Income Taxes Paid

364.0m539.0m563.0m20.0m

Half Year

EURH1, 2017H1, 2018H1, 2019

Depreciation and Amortization

1.1b892.0m1.0b

Accounts Receivable

(688.0m)(727.0m)(368.0m)

Inventories

(281.0m)(546.0m)(134.0m)

Accounts Payable

64.0m(292.0m)

Cash From Operating Activities

833.0m478.0m315.0m

Purchases of PP&E

(466.0m)(499.0m)(587.0m)

Cash From Investing Activities

(542.0m)292.0m(624.0m)

Long-term Borrowings

(557.0m)(1.3b)2.8b

Dividends Paid

(124.0m)(231.0m)(195.0m)

Cash From Financing Activities

(710.0m)(857.0m)235.0m

Net Change in Cash

(419.0m)(87.0m)(74.0m)

Interest Paid

210.0m163.0m170.0m

Income Taxes Paid

300.0m242.0m92.0m

ZF Group Ratios

EURFY, 2016

Revenue/Employee

257.0k

Debt/Equity

1.4 x

Debt/Assets

0.3 x

Financial Leverage

4.8 x

ZF Group Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Patents

1.20 k2.16 k

First-Time Patent Applications

1.46 k1.35 k

Brands

6.44 k6.46 k

Domains

1.63 k1.57 k

Countries

40 40 40 41

Manufacturing Facilities

161

Patent Applications

1.72 k2.16 k2.21 k3.01 k

Research and Development Centers

16

Sales and Service Locations

130

Service Partners

650

ZF Group Human Capital

Gender

FY, 2019
Male, percent73 %
Female, percent27 %

Job Roles

Y, 2018Y, 2017Y, 2016
Male (Board)85.7 %100 %100 %
Female (Board)14.3 %

ZF Group Employee Rating

3.71755 votes
Culture & Values
3.5
Work/Life Balance
3.7
Senior Management
3.3
Salary & Benefits
3.7
Career Opportunities
3.3
Source