ASX Share rice
Thu 06 May 2021 - 08:36: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 8084 7813

Full Time Employees:

325

Exec. Chairman & Chief Exec.:

Mr. Nicholas William Andrews B.E., B Ec.(Syd), MSDIA, MAICD

Chief Financial Officer:

Mr. Derryn Chin B.Com., C.A., C.F.A., B Com (UNSW), CA, CFA

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

VP of Fin. & HR:

Mr. Patrick Look

Company Sec.:

Mr. John David Talbot B Bus(Accg), CPA

Company Overview:

Magontec Limited, together with its subsidiaries, researches, develops, 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:

1.15B

Market Capitalisation:

$23.02M

Revenue (TTM):

$95.07M

Revenue Per Share (TTM):

$0.08

Earnings per Share:

$0.001

Profit Margin:

-0.0075

Operating Margin (TTM):

$0

Return On Assets (TTM):

$0

Return On Equity (TTM):

$-0.02

Quarterly Revenue Growth (YOY):

-0.225

Gross Profit(TTM):

$12.16M

Diluted Earnings Per Share (TTM):

$-0.001

QuarterlyEarnings Growth(YOY):

0.419

MGL CashFlow Statement

CashFlow Date:

2020-12-31

Investments:

$-1,094,000

Change To Liabilities:

$-8,032,000

Total Cashflow From Investing Activities:

$-1,094,000

Net Borrowings:

$-2,791,000

Net Income:

$-717,000

Total Cash From Operating Activities:

$4.54M

Depreciation:

$3.12M

Other Cashflow From Investing Activities:

$-410,000

Change To Inventory:

$2.83M

Change To Account Receivables:

$6.81M

Sale Purchase Of Stock:

$11K

Capital Expenditures:

$640K

MGL Income Statement

Income Date:

2020-12-31

Income Before Tax:

$-215,000

Net Income:

$-717,000

Gross Profit:

$12.20M

Operating Income:

$136K

Interest Expense:

$572K

Income Tax Expense:

$502K

Total Revenue:

$95.07M

Cost Of Revenue:

$82.87M

MGL Balance Sheet

Balance Sheet Date:

2020-12-31

Intangible Assets:

$3.45M

Total Liabilities:

$46.14M

Total Stockholder Equity:

$28.89M

Other Current Liabilities:

$3.39M

Total Assets:

$75.03M

Common Stock:

$58.92M

Other Current Assets:

$131K

Retained Earnings:

$-32,804,000

Other Liabilities:

$14.97M

Other Assets:

$3.30M

Cash:

$4.96M

Total Current Liabilities:

$24.70M

Property - Plant & Equipment:

$19.07M

Net Tangible Assets:

$25.45M

Total Current Assets:

$49.22M

Long-Term Debt:

$6.18M

Net Receivables:

$22.24M

Short-Term Investments:

$25.81M

Inventory:

$21.69M

Accounts Payable:

$10.19M

Non Currrent Assets (Other):

$-1,000

Short-Term Investments:

$25.81

Non Current Liabilities Total:

$21.44M

MGL Share Price History

MGL News

07 Mar, 2021
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
08 May, 2020
The CEO of Magontec Limited (ASX:MGL) is Nick Andrews. First, this article will compare CEO compensation with...