Description:
* "The
Eastern HiFi Group of companies has a unique position in the audio-visual,
home entertainment industry in New Zealand.
From small beginnings nearly 30 years ago, the Eastern HiFi Group has grown to be one of New Zealand's leading companies in the mid to high end, specialist audio-visual market.
The company's two core markets are retail sales of hi-fi and home entertainment equipment, and the import, wholesale and distribution of hi-fi brands to other independent retailers.
Eastern HiFi Group subsidiaries include an import/wholesale company (Avalon Pacific Marketing Ltd) and a retail company (Eastern HiFi Ltd).
Avalon Pacific Marketing has sole New Zealand distribution rights for more than 14 international brands of specialist audio/visual equipment and accessories and these are marketed throughout the country."
Website: http://www.easternhifigroup.com/
Recent announcements: click here
|
Year |
|
|
2004 |
2005 |
2006 |
|
|
|
Gross
growth rates |
|
|
|
|
|||
|
Revenue |
|
|
|
31% |
|
|
|
|
NPAT |
|
|
|
-23% |
|
|
|
|
Total
Assets |
|
|
|
26% |
|
|
|
|
Net
Assets |
|
|
|
3% |
|
|
|
|
Per
Share figures and growth |
|||||||
|
Earnings |
|
|
$
0.07 |
$
0.05 |
|
|
|
|
|
|
|
|
-23% |
|
|
|
|
Net
Assets |
|
|
$
0.79 |
$
0.82 |
|
|
|
|
|
|
|
|
3% |
|
|
|
|
Dividends |
|
|
$
0.05 |
$
0.03 |
|
|
|
|
|
|
|
|
-38% |
|
|
|
|
Profitability |
|||||||
|
Return
on Assets |
|
|
6.80% |
4.16% |
|
|
|
|
Equity
Multiplier |
|
|
1.32 |
1.61 |
|
|
|
|
Return
on Equity (ROE) |
|
|
9% |
7% |
|
|
|
|
ROE
(avg E) |
|
|
18% |
7% |
|
|
|
|
Net
Profit Margin |
|
|
5% |
3% |
|
|
|
|
Dividend
payout ratio |
|
|
63% |
51% |
|
|
|
|
Liquidity |
|||||||
|
Net
working capital |
|
|
$4,532,642
|
$4,582,275
|
|
|
|
|
Current
ratio |
|
|
3.01 |
1.96 |
|
|
|
|
Acid
test ratio |
|
|
0.59 |
0.55 |
|
|
|
|
Other |
|||||||
|
Times
interest earned |
|
|
10.78 |
5.77 |
|
|
|
|
Operating
exp/income |
|
|
90% |
93% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary
Financials |
|||||||
|
Income |
|
|
13715463 |
17974954 |
|
|
|
|
Expenses |
|
|
12481087 |
16979286 |
|
|
|
|
Tax |
|
|
522511 |
447595 |
|
|
|
|
NPAT |
|
|
711865 |
548073 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
10462418 |
13174732 |
|
|
|
|
Liabilities |
|
|
2565983 |
5008961 |
|
|
|
|
Net
Assets |
|
|
7896435 |
8165771 |
|
|
|
| Registered Office: |
Mailing address: |
| Directors: Steve Allbury Rick Bettle Paul Forsyth D Shale |
Secretary: Paul Forsyth |
| Auditors: BDO Spicers |
Solicitors: Jones Young |
| Bankers: |
Registrar: Link Market Services Limited |
| Other: |
|
| Other | Last updated:14-11-2007 |
Company balance date: 31 December
Trading over the last year
