ASX Share rice
Mon 10 Aug 2020 - 07:00:am (Sydney)

MGL Share Price

MAGONTEC LIMITEDMGLMaterials

MGL Company Information

Name:

Magontec Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

GIC Industry:

Metals & Mining

GIC Sub Industry:

Diversified Metals & Mining

Address:

46A Macleay Street Potts Point NSW Australia 2011

Phone:

61 2 8005 4109

Exec. Chairman & Chief Exec.:

Mr. Nicholas William Andrews

Chief Financial Officer:

Mr. Derryn Chin

Pres of Magontec Europe, North America & Middle East:

Mr. Christoph Klein-Schmeink

Pres of Magontec Asia:

Mr. Xunyou Tong

Mang. of Investor Relations:

Mr. Joel Forwood

Company Overview:

Magontec Limited, together with its subsidiaries, manufactures and sells generic and specialist magnesium alloys in Asia, Europe, the Americas, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. The CCP products are used in water storage vessels. It also recycles magnesium alloys. The company was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. Magontec Limited was founded in 1953 and is headquartered in Potts Point, Australia.

MGL Share Price Information

Shares Issued:

1.14B

Market Capitalisation:

$19.38M

Revenue (TTM):

$130.62M

Revenue Per Share (TTM):

$0.12

Earnings per Share:

$0.001

Profit Margin:

-0.0105

Operating Margin (TTM):

$-0.01

Return On Assets (TTM):

$-0.01

Return On Equity (TTM):

$-0.04

Quarterly Revenue Growth (YOY):

-0.03

Gross Profit(TTM):

$13.17M

Diluted Earnings Per Share (TTM):

$-0.001

QuarterlyEarnings Growth(YOY):

0.419

MGL CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$-2,369,000

Change To Liabilities:

$-2,669,000

Total Cashflow From Investing Activities:

$-2,369,000

Net Borrowings:

$1.91M

Net Income:

$-1,370,000

Total Cash From Operating Activities:

$-8,132,000

Depreciation:

$3.20M

Other Cashflow From Investing Activities:

$-444,000

Change To Inventory:

$-1,425,000

Change To Account Receivables:

$-5,835,000

Capital Expenditures:

$1.93M

MGL Income Statement

Income Date:

2019-12-31

Income Before Tax:

$-1,103,000

Net Income:

$-1,370,000

Gross Profit:

$13.12M

Operating Income:

$-1,018,000

Interest Expense:

$599K

Income Tax Expense:

$267K

Total Revenue:

$130.62M

Total Operating Expenses:

$14.14M

Cost Of Revenue:

$117.50M

MGL Balance Sheet

Balance Sheet Date:

2019-12-31

Intangible Assets:

$3.62M

Total Liabilities:

$52.75M

Total Stockholder Equity:

$31.04M

Other Current Liabilities:

$2.89M

Total Assets:

$83.79M

Common Stock:

$58.91M

Other Current Assets:

$83K

Retained Earnings:

$-32,088,000

Other Liabilities:

$14.11M

Other Assets:

$2.72M

Cash:

$4.30M

Total Current Liabilities:

$38.26M

Short-Term Debt:

$19.62M

Property - Plant & Equipment:

$21.66M

Net Tangible Assets:

$27.42M

Total Current Assets:

$55.79M

Net Receivables:

$19.80M

Short-Term Investments:

$28M

Inventory:

$24.86M

Accounts Payable:

$14.85M

Non Currrent Assets (Other):

$28M

Short-Term Investments:

$28

Non Current Liabilities Total:

$14.50M

MGL Share Price History

MGL News

08 May, 2020
The CEO of Magontec Limited (ASX:MGL) is Nick Andrews. First, this article will compare CEO compensation with...
13 Jan, 2020
Today we are going to look at Magontec Limited (ASX:MGL) to see whether it might be an attractive investment prospect...
14 Nov, 2019
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
12 Sep, 2019
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...