Cash flow Christian Dior SE

Equities

CDI

FR0000130403

Apparel & Accessories

Market Closed - Euronext Paris Other stock markets 11:35:18 2024-09-18 EDT			5-day change	1st Jan Change
560.50 ^EUR	-1.58%		-0.88%	-20.78%

09-10	The rise and rise of K-pop in the high houses of fashion	RE
09-09	LVMH names UK designer Sarah Burton as Givenchy creative director	RE

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Published financial data: CHRISTIAN DIOR SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	53.67B	44.65B	64.22B	79.18B	86.15B
Total Revenues	53.67B	44.65B	64.22B	79.18B	86.15B
Cost of Goods Sold, Total	18.12B	15.87B	20.36B	24.99B	26.88B
Gross Profit	35.55B	28.78B	43.86B	54.2B	59.28B
Selling General & Admin Expenses, Total	24.08B	20.44B	26.73B	33.18B	36.49B
Other Operating Expenses	107M	25M	29M	16M	119M
Other Operating Expenses, Total	24.19B	20.46B	26.76B	33.2B	36.61B
Operating Income	11.36B	8.32B	17.1B	21B	22.67B
Interest Expense, Total	-452M	-369M	-242M	-383M	-974M
Interest And Investment Income	55M	58M	50M	124M	222M
Net Interest Expenses	-397M	-311M	-192M	-259M	-752M
Income (Loss) On Equity Invest.	28M	-42M	13M	37M	7M
Currency Exchange Gains (Loss)	-230M	-262M	-206M	-358M	-399M
Other Non Operating Income (Expenses)	-23M	-35M	-50M	-44M	-43M
EBT, Excl. Unusual Items	10.74B	7.67B	16.66B	20.37B	21.48B
Restructuring Charges	-57M	-6M	-	3M	-9M
Merger & Related Restructuring Charges	-45M	-35M	-18M	-25M	-14M
Impairment of Goodwill	-22M	-178M	-78M	-27M	-
Gain (Loss) On Sale Of Investments	73M	-4M	618M	-8M	270M
Gain (Loss) On Sale Of Assets	-	-22M	9M	-210M	-102M
Asset Writedown	-	-32M	1M	-11M	-
Other Unusual Items	-	-35M	-	-	-
EBT, Incl. Unusual Items	10.68B	7.36B	17.2B	20.1B	21.63B
Income Tax Expense	2.87B	2.38B	4.53B	5.39B	5.71B
Earnings From Continuing Operations	7.81B	4.97B	12.66B	14.7B	15.92B
Net Income to Company	7.81B	4.97B	12.66B	14.7B	15.92B
Minority Interest	-4.87B	-3.04B	-7.72B	-8.9B	-9.62B
Net Income - (IS)	2.94B	1.93B	4.95B	5.8B	6.3B
Net Income to Common Incl Extra Items	2.94B	1.93B	4.95B	5.8B	6.3B
Net Income to Common Excl. Extra Items	2.94B	1.93B	4.95B	5.8B	6.3B
Per Share Items
Net EPS - Basic	16.29	10.71	27.42	32.13	34.94
Basic EPS - Continuing Operations	16.29	10.71	27.42	32.13	34.94
Basic Weighted Average Shares Outstanding	180M	180M	180M	180M	180M
Net EPS - Diluted	16.27	10.7	27.4	32.11	34.93
Diluted EPS - Continuing Operations	16.27	10.7	27.4	32.11	34.93
Diluted Weighted Average Shares Outstanding	180M	180M	180M	180M	180M
Normalized Basic EPS	10.19	9.73	14.95	21.22	21.12
Normalized Diluted EPS	10.19	9.73	14.95	21.22	21.12
Dividend Per Share	4.8	6	10	12	13
Payout Ratio	30.69	42.94	25.56	37.35	35.77
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	13.17B	10.18B	19.15B	23.23B	25.14B
EBITA	11.51B	8.47B	17.25B	21.18B	22.94B
EBIT	11.36B	8.32B	17.1B	21B	22.67B
EBITDAR	17.11B	12.33B	23.56B	29.04B	31.82B
Effective Tax Rate - (Ratio)	26.9	32.43	26.35	26.84	26.39
Total Current Taxes	3.25B	2.63B	5.36B	5.93B	6.08B
Total Deferred Taxes	-373M	-246M	-826M	-534M	-378M
Normalized Net Income	1.84B	1.75B	2.7B	3.83B	3.81B
Interest on Long-Term Debt	290M	281M	242M	254M	393M
Non-Cash Pension Expense	55M	-40M	15M	21M	28M
Supplemental Operating Expense Items
Advertising Expense	6.26B	4.87B	7.29B	9.58B	10.22B
Selling and Marketing Expenses	20.21B	16.79B	22.31B	28.15B	30.77B
General and Administrative Expenses	3.88B	3.65B	4.43B	5.03B	5.72B
Research And Development Expense From Footnotes	140M	139M	147M	172M	202M
Net Rental Expense, Total	3.94B	2.15B	4.42B	5.8B	6.67B
Imputed Operating Lease Interest Expense	759M	200M	236M	509M	1.39B
Imputed Operating Lease Depreciation	3.18B	1.95B	4.18B	5.3B	5.28B
Stock-Based Comp., Other (Total)	76M	62M	132M	132M	117M
Total Stock-Based Compensation	76M	62M	132M	132M	117M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	6.06B	20.36B	8.12B	7.59B	7.92B
Short Term Investments	733M	752M	2.54B	3.61B	3.56B
Trading Asset Securities, Total	12M	33M	31M	34M	23M
Total Cash And Short Term Investments	6.81B	21.14B	10.7B	11.23B	11.5B
Accounts Receivable, Total	3.45B	2.76B	3.79B	4.26B	4.73B
Other Receivables	2.05B	1.93B	2.32B	2.85B	3.22B
Total Receivables	5.5B	4.69B	6.11B	7.11B	7.94B
Inventory	13.72B	13.02B	16.55B	20.32B	22.95B
Prepaid Expenses	454M	387M	503M	613M	681M
Other Current Assets, Total	422M	1.14B	542M	814M	844M
Total Current Assets	26.9B	40.38B	34.4B	40.09B	43.92B
Gross Property Plant And Equipment	45.37B	47.72B	56.03B	63.31B	70.82B
Accumulated Depreciation	-15.09B	-17.63B	-22.79B	-26.29B	-28.45B
Net Property Plant And Equipment	30.29B	30.09B	33.24B	37.02B	42.37B
Long-term Investments	2.01B	1.79B	2.45B	2.18B	2.36B
Goodwill	14.5B	14.51B	24.37B	23.25B	22.49B
Other Intangibles, Total	16.34B	16.14B	23.68B	24.56B	24.72B
Deferred Tax Assets Long-Term	2.27B	2.32B	3.16B	3.66B	3.99B
Other Long-Term Assets, Total	1.53B	788M	1.05B	1.19B	1.02B
Total Assets	93.83B	106B	122B	132B	141B
Liabilities
Accounts Payable, Total	5.81B	5.1B	7.09B	8.79B	9.05B
Accrued Expenses, Total	2.67B	2.48B	3.59B	3.99B	4.4B
Short-term Borrowings	5.49B	9.16B	4.58B	7.61B	7.71B
Current Portion of Long-Term Debt	2.15B	1.85B	3.51B	1.79B	3B
Current Portion of Leases	2.17B	2.16B	2.39B	2.63B	3.16B
Current Income Taxes Payable	729M	721M	1.28B	1.22B	1.15B
Unearned Revenue Current, Total	832M	1.08B	1.48B	1.68B	2.11B
Other Current Liabilities	2.79B	3.13B	4.11B	3.86B	2.58B
Total Current Liabilities	22.65B	25.68B	28.01B	31.57B	33.16B
Long-Term Debt	5.45B	14.08B	12.19B	10.54B	11.33B
Long-Term Leases	10.37B	10.66B	11.89B	12.78B	13.81B
Pension & Other Post Retirement Benefits	811M	784M	915M	622M	609M
Deferred Tax Liability Non Current	5.09B	5.08B	6.3B	6.55B	6.62B
Other Non Current Liabilities	13.73B	13.48B	16.68B	15.57B	15.05B
Total Liabilities	58.11B	69.77B	75.99B	77.64B	80.58B
Common Stock, Total	361M	361M	361M	361M	361M
Additional Paid In Capital	194M	194M	194M	194M	194M
Retained Earnings	9.63B	1.93B	4.95B	5.8B	6.3B
Treasury Stock	-17M	-17M	-17M	-17M	-17M
Comprehensive Income and Other	709M	8.8B	9.89B	12.7B	14.68B
Total Common Equity	10.88B	11.27B	15.37B	19.04B	21.53B
Minority Interest	24.84B	24.97B	31B	35.28B	38.77B
Total Equity	35.72B	36.24B	46.37B	54.31B	60.29B
Total Liabilities And Equity	93.83B	106B	122B	132B	141B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	180M	180M	180M	180M	180M
ECS Total Common Shares Outstanding	180M	180M	180M	180M	180M
Book Value / Share	60.31	62.47	85.21	105.53	119.32
Tangible Book Value	-19.96B	-19.38B	-32.68B	-28.78B	-25.69B
Tangible Book Value Per Share	-110.61	-107.43	-181.16	-159.51	-142.39
Total Debt	25.64B	37.92B	34.56B	35.34B	39.01B
Net Debt	18.83B	16.78B	23.86B	24.11B	27.51B
Debt Equivalent of Unfunded Proj. Benefit Obligation	722M	702M	696M	462M	454M
Debt Equivalent Oper. Leases	31.54B	17.2B	35.33B	46.44B	53.38B
Minority Interest, Total (Incl. Fin. Div)	24.84B	24.97B	31B	35.28B	38.77B
Equity Method Investments, Total	1.07B	990M	1.08B	1.07B	991M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	2.38B	2.28B	3.6B	4.98B	5.45B
Inventories - Work In Process, Total	5.03B	5.34B	5.46B	5.96B	6.63B
Inventories - Finished Goods, Total	8.13B	7.54B	10.02B	12.11B	14.04B
Land - (BS)	11.75B	12.23B	13.59B	15.4B	18.72B
Buildings, Total	-	-	-	-	-
Machinery, Total	14.24B	15.61B	17.61B	19.48B	20.88B
Full Time Employees	120K	119K	133K	146K	164K
Part Time Employees	27.25K	22.14K	26.79K	30.82K	32.26K
Accumulated Allowance for Doubtful Accounts (Supple)	89M	124M	127M	111M	115M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.94B	1.93B	4.95B	5.8B	6.3B
Depreciation & Amortization - CF	4.06B	4.27B	4.58B	5.05B	5.26B
Amortization of Goodwill and Intangible Assets - (CF)	154M	154M	156M	178M	265M
Depreciation & Amortization, Total	4.22B	4.43B	4.73B	5.23B	5.52B
Amortization of Deferred Charges, Total - (CF)	267M	329M	372M	425M	454M
Asset Writedown & Restructuring Costs	-	4M	7M	9M	-15M
(Income) Loss On Equity Investments - (CF)	-10M	64M	41M	26M	42M
Other Operating Activities, Total	5.46B	4.48B	8.11B	9.36B	10.67B
Change In Accounts Receivable	-121M	528M	-613M	-394M	-695M
Change In Inventories	-1.6B	-562M	-1.57B	-4.17B	-4.23B
Change In Accounts Payable	463M	-560M	1.58B	1.53B	434M
Change in Other Net Operating Assets	108M	225M	1.03B	12M	-86M
Cash from Operations	11.72B	10.87B	18.64B	17.83B	18.4B
Capital Expenditure	-3.29B	-2.48B	-2.66B	-4.97B	-7.48B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-2.48B	-536M	-13.23B	-809M	-721M
Divestitures	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-104M	63M	-99M	-149M	-116M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	7M	12M	10M	7M	5M
Cash from Investing	-5.87B	-2.94B	-15.98B	-5.92B	-8.31B
Long-Term Debt Issued, Total	2.84B	17.5B	251M	3.77B	5.99B
Total Debt Issued	2.84B	17.5B	251M	3.77B	5.99B
Long-Term Debt Repaid, Total	-4.5B	-7.33B	-9.22B	-6.64B	-6.79B
Total Debt Repaid	-4.5B	-7.33B	-9.22B	-6.64B	-6.79B
Issuance of Common Stock	88M	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-902M	-830M	-1.26B	-2.16B	-2.26B
Common & Preferred Stock Dividends Paid	-902M	-830M	-1.26B	-2.16B	-2.26B
Special Dividend Paid	-5.48B	-	-	-	-
Other Financing Activities, Total	-400M	-1.91B	-5.21B	-7.46B	-6.48B
Cash from Financing	-8.36B	7.43B	-15.44B	-12.5B	-9.54B
Foreign Exchange Rate Adjustments	39M	-1.05B	498M	55M	-273M
Miscellaneous Cash Flow Adjustments	1M	-	-	-	-
Net Change in Cash	-2.47B	14.32B	-12.28B	-530M	278M
Supplemental Items
Cash Interest Paid	376M	352M	231M	240M	356M
Cash Income Tax Paid (Refund)	3B	2.53B	4.46B	5.96B	-6.15B
Levered Free Cash Flow	7.38B	7.83B	13.66B	10.57B	8.67B
Unlevered Free Cash Flow	7.67B	8.06B	13.81B	10.81B	9.28B
Change In Net Working Capital	699M	-524M	-554M	3.13B	3.5B
Net Debt Issued / Repaid	-1.66B	10.17B	-8.96B	-2.87B	-796M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.3	5.2	9.36	10.32	10.39
Return on Total Capital	12.95	7.67	13.78	15.39	14.97
Return On Equity %	21.67	13.81	30.66	29.21	27.78
Return on Common Equity	23.39	17.45	37.13	33.69	31.08
Margin Analysis
Gross Profit Margin %	66.23	64.46	68.3	68.44	68.8
SG&A Margin	44.87	45.77	41.63	41.91	42.35
EBITDA Margin %	24.53	22.79	29.82	29.34	29.19
EBITA Margin %	21.45	18.97	26.87	26.74	26.62
EBIT Margin %	21.16	18.63	26.63	26.52	26.31
Income From Continuing Operations Margin %	14.55	11.13	19.72	18.57	18.48
Net Income Margin %	5.47	4.33	7.7	7.32	7.32
Net Avail. For Common Margin %	5.47	4.33	7.7	7.32	7.32
Normalized Net Income Margin