| Address:
|
600 N CENTENNIAL ST
|
| City: |
ZEELAND |
|
State: |
MI |
|
Zip Code: |
49464 |
| Telephone: |
616-772-1800 |
|
Description of Business
|
Primary SIC Code:
3714 |
| (As filed with the SEC)
|
|
|
Gentex Corporation (the Company) designs, develops, manufactures and markets
proprietary products employing electro-optic technology: automatic-dimming
rearview automotive mirrors with electronic features and fire protection
products. The Company also developed and manufactures variable dimmable windows
for the aircraft industry and non-automatic-dimming rearview automotive mirrors
with electronic features.
The Company was organized as a Michigan corporation in 1974 to manufacture
residential smoke detectors, a product line that has since evolved into a more
sophisticated group of fire protection products primarily for the commercial
building industry. In 1982, the Company introduced an automatic interior
rearview mirror that was the first commercially successful glare-control product
offered as an alternative to the conventional, manual day/night mirror. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 1.16 | 0.120 | 25.51 | | 09/2011 | 1.12 | 0.120 | 21.47 | | 06/2011 | 1.07 | 0.120 | 28.25 | | 03/2011 | 1.04 | 0.120 | 29.09 | | 12/2010 | 0.98 | 0.110 | 30.16 | | 09/2010 | 0.94 | 0.110 | 20.77 | | 06/2010 | 0.86 | 0.110 | 20.91 | | 03/2010 | 0.71 | 0.110 | 27.35 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.39 | Total Liab/Total Assets | 0.11 | | Net Inc/Total Assets | 0.14 | Total Liab/Inv Cap | 0.12 | | Net Inc/Inv Cap | 0.15 | Total Liab/Comm Equity | 0.31 | | Pretax Inc/Net Sales | 0.25 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.17 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.16 | LTD/Equity | NA | | SG&A/NetSales | 0.05 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 9.79 | Quick Ratio | 7.69 | | Inventory Turnover | 6.75 | Current Ratio | 9.09 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.15 | | Net Sales/Work Cap | 1.40 | Inv/Curr Assets | 0.15 | | Net Sales/PP&E | 3.98 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
269.47
|
243.00
|
250.95
|
222.10
|
|
Cost of Goods Sold
|
174.18
|
157.38
|
160.63
|
142.63
|
|
Selling & Admin Exps
|
12.37
|
12.13
|
11.31
|
10.79
|
|
Operating Income
|
62.25
|
53.25
|
60.09
|
50.61
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
64.50
|
57.75
|
63.46
|
55.24
|
|
Other Income
|
2.25
|
4.50
|
3.36
|
4.64
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
43.40
|
38.47
|
42.33
|
36.92
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
456.25
|
468.74
|
481.97
|
434.80
|
|
Receivables - Total
|
130.04
|
111.86
|
116.33
|
95.65
|
|
Inventories - Total
|
151.13
|
119.46
|
104.04
|
100.73
|
|
Total Current Assets
|
758.20
|
725.64
|
722.84
|
655.27
|
|
Net Property, Plant & Equipment
|
256.56
|
232.72
|
213.69
|
205.11
|
|
Total Assets
|
1,134.54
|
1,114.02
|
1,091.91
|
1,002.69
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
116.75
|
103.80
|
115.34
|
72.09
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
116.75
|
103.80
|
115.34
|
72.09
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
150.92
|
150.32
|
156.95
|
109.16
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
0.00
|
|
Common Stock
|
8.61
|
8.59
|
8.56
|
8.54
|
|
Retained Earnings
|
587.52
|
561.34
|
540.05
|
514.84
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
983.62
|
963.70
|
934.96
|
893.53
|
|
Total Liabilities and Stockholders' Equity
|
1,134.54
|
1,114.02
|
1,091.91
|
1,002.69
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
20.82
|
27.24
|
77.38
|
36.02
|
|
Net Cash Provided by Investing Activities
|
-58.96
|
-13.80
|
20.86
|
-13.72
|
|
Net Cash Provided by Financing Activities
|
-9.37
|
-9.14
|
-6.26
|
22.33
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 572.27 | 108.76 | 0.73 | | 12/2007 | 653.93 | 122.13 | 0.85 | | 12/2008 | 623.80 | 62.09 | 0.44 | | 12/2009 | 544.52 | 64.64 | 0.47 | | 12/2010 | 816.26 | 137.73 | 0.98 | | Growth Rates | 9.28 | 6.08 | 7.64 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 290 | 122,987 | 85.72 |
|
Report Date :
2/6/2012
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