| Address:
|
48 WALL ST
C/O BANK OF NEW YORK |
| City: |
NEW YORK |
|
State: |
NY |
|
Zip Code: |
10286 |
| Telephone: |
212-815-1727 |
|
Description of Business
|
Primary SIC Code:
2015 |
| (As filed with the SEC)
|
|
|
Our legal name is Industrias Bachoco, S.A.B. de C.V., and we frequently refer to
ourselves commercially as Bachoco. We were incorporated in Mexico on April 17,
1980. Our headquarters are located at Avenida Tecnologico No. 401, Ciudad
Industrial 38010, Celaya, Guanajuato, Mexico, telephone +52-461-618-3500 and
+52-461-618-3555. Our main product lines are: chicken, table egg, balanced feed
and swine. Currently, all of our production and almost all of our sales are in
Mexico. Our investor relations agent in the United States is Grayling, which is
located at 405 Lexington Avenue, Seventh Floor in New York, New York. Our
contract with Grayling expires on June 30, 2011 and we will not be renewing
their services for another term. Starting July 1 our investor relation agent in
the United States will be I-advize Corporate Communications, located in 82 Wall
Street, Suite 805 in New York, New York. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2010 | 3.24 | NA | 7.47 | | 09/2010 | 2.19 | NA | 8.65 | | 12/2009 | 1.23 | NA | 18.70 | | 09/2009 | -0.42 | NA | N/E | | 06/2009 | -0.48 | 0.172 | N/E | | 03/2009 | -1.23 | 0.181 | N/E | | 12/2008 | -0.79 | NA | N/E | | 09/2008 | 0.93 | 0.189 | 26.22 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.65 | Total Liab/Total Assets | 0.23 | | Net Inc/Total Assets | 0.09 | Total Liab/Inv Cap | 0.26 | | Net Inc/Inv Cap | 0.11 | Total Liab/Comm Equity | 1.61 | | Pretax Inc/Net Sales | 0.10 | Interest Coverage Ratio | 34.86 | | Net Inc/Net Sales | 0.08 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 0.03 | | SG&A/NetSales | 0.11 | Total Debt/Equity | 0.04 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 18.00 | Quick Ratio | 2.75 | | Inventory Turnover | 5.58 | Current Ratio | 4.40 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.15 | | Net Sales/Work Cap | 3.35 | Inv/Curr Assets | 0.38 | | Net Sales/PP&E | 2.33 | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
2,003.85
|
1,781.86
|
1,475.19
|
1,674.39
|
|
Cost of Goods Sold
|
1,581.05
|
1,480.37
|
1,281.46
|
1,330.52
|
|
Selling & Admin Exps
|
223.11
|
193.20
|
176.86
|
206.36
|
|
Operating Income
|
199.69
|
108.29
|
16.86
|
137.51
|
|
Interest Exp
|
5.96
|
7.00
|
2.92
|
12.74
|
|
Pretax Income
|
201.86
|
93.10
|
-83.53
|
145.66
|
|
Other Income
|
8.13
|
-8.20
|
-97.47
|
19.94
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
161.05
|
61.97
|
-63.72
|
115.97
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
340.77
|
197.12
|
155.72
|
290.71
|
|
Receivables - Total
|
116.47
|
106.17
|
98.88
|
110.87
|
|
Inventories - Total
|
290.09
|
276.76
|
303.19
|
305.97
|
|
Total Current Assets
|
773.29
|
605.36
|
569.09
|
729.43
|
|
Net Property, Plant & Equipment
|
858.39
|
835.68
|
823.51
|
942.55
|
|
Total Assets
|
1,718.65
|
1,522.58
|
1,429.64
|
1,756.01
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
164.33
|
165.40
|
148.86
|
129.42
|
|
Debt in Current Liabilities
|
11.34
|
45.34
|
84.53
|
5.41
|
|
Total Current Liabilities
|
175.67
|
210.74
|
233.40
|
134.83
|
|
Long-Term Debt
|
41.11
|
28.49
|
28.71
|
4.66
|
|
Total Liabilities
|
395.77
|
405.17
|
419.08
|
370.91
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
4.22
|
3.85
|
2.92
|
4.30
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
186.07
|
175.78
|
168.22
|
210.90
|
|
Retained Earnings
|
903.12
|
811.28
|
859.12
|
1,428.52
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,322.88
|
1,117.41
|
1,010.56
|
1,385.09
|
|
Total Liabilities and Stockholders' Equity
|
1,718.65
|
1,522.58
|
1,429.64
|
1,756.01
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
213.02
|
103.92
|
-11.29
|
53.31
|
|
Net Cash Provided by Investing Activities
|
-33.39
|
-37.19
|
-67.89
|
-91.98
|
|
Net Cash Provided by Financing Activities
|
-52.45
|
-0.17
|
2.83
|
-27.22
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 1,390.85 | 80.10 | 1.65 | | 12/2007 | 1,674.39 | 115.97 | 2.34 | | 12/2008 | 1,475.19 | -63.72 | -0.79 | | 12/2009 | 1,781.86 | 61.97 | 1.23 | | 12/2010 | 2,003.85 | 161.04 | 3.24 | | Growth Rates | 9.56 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 25 | 5,039 | 10.08 |
|
Report Date :
2/6/2012
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