Balance Sheet

Total Current Assets 2018 2017

Cash and Short Term Investments 1340.7 1030.2
Cash 717.43 832.09
Short Term Investments 623.27 198.11
Total Receivables, Net 14035.63 10422.91
Accounts Receivables - Trade, Net 2564.52 1930.63
Total Inventory 12324.45 10103.41
Prepaid Expenses 334.98 173.44
Other Current Assets, Total 75.12 87.7
Total Assets 128208.29 117660.54
Property/Plant/Equipment, Total - Net 91718.71 86704.8
Property/Plant/Equipment, Total - Gross 106710.62 98129.51
Accumulated Depreciation, Total -14991.91 -11424.71
Intangibles, Net 5978.75 5938.39
Long Term Investments 145.8 85.95
Note Receivable - Long Term 1999.33 2999
Other Long Term Assets, Total 254.82 114.74
Total Current Liabilities 31570.08 23381.4
Accounts Payable 8049.37 5811.23
Accrued Expenses 3984.74 3576.84
Notes Payable/Short Term Debt 5494.8 2116.67
Current Port. of LT Debt/Capital Leases 7630.94 7140.72
Other Current liabilities, Total 6410.23 4735.94
Total Liabilities 55430.68 52015.54
Total Long Term Debt 8376.58 13751.62
Long Term Debt 8376.58 13751.62
Total Debt 21502.32 23009.01
Deferred Income Tax 14666.82 14234.36
Other Liabilities, Total 817.21 648.16
Total Equity 72777.61 65645
Common Stock, Total 21000 21000
Additional Paid-In Capital 1790 1790
Retained Earnings (Accumulated Deficit) 50087.61 42899.05
Unrealized Gain (Loss) -4.15 -1.24
Other Equity, Total -95.85 -42.82
Total Liabilities & Shareholders' Equity 128208.29 117660.54

income Statement
Total Revenue 51309.99 45371.16
Revenue 51309.99 45371.16
Cost of Revenue, Total 25639.38 26685.58
Gross Profit 25670.62 18685.57
Total Operating Expenses 34519.68 35250.87
Selling/General/Admin. Expenses, Total 6105.85 5273.63
Depreciation / Amortization 149.56 78.45
Interest Expense (Income) - Net Operating 1565.49 2073.71
Unusual Expense (Income) -1.51 -3.79
Other Operating Expenses, Total 1060.92 1143.29
Operating Income 16790.31 10120.29
Net Income Before Taxes 16790.31 10120.29
Provision for Income Taxes 4876.75 852.34
Net Income After Taxes 11913.56 9267.94
Net Income Before Extraordinary Items 11913.56 9267.94
Net Income 11913.56 9267.94
Income Available to Common Excluding Extraordinary Items 11913.56 9267.94
Diluted Net Income 11913.56 9267.94
Diluted Weighted Average Shares 2100 2100
Diluted EPS Excluding Extraordinary Items 5.67 4.41
DPS - Common Stock Primary Issue 1.75 2.25
Diluted Normalized EPS 5.67 4.41

Ratio Analysis
Name Company Industry

Valuation Ratios
P/E Ratio  4.91 9.9
Price to Sales  1.14 1.31
Price to Cash Flow  14.82 26.43
Price to Free Cash Flow  14.82 15.42
Price to Book  0.8 2.57
Price to Tangible Book  0.87 2.66
Profitability Ratio
Profitability: TTM vs 2 Year Average Margins
Gross margin=Gross profit/net sale 50.03% 30.28%
Net profit Margin=Net profit after taxes/Net sale 49.27% 33.96%
Net Profit margin =Net profit after taxes/Net sale 23.22% 18.77%
Return on Equity =Net Profit after taxes/shareholder Equity 17.21% 28.91%
Return on Assets =Net Profit after taxes/Total Assets 11.31% 10.28%
Return on Investment =Net Profit after taxes/Total investment 12.48% 20.74%
Growth Analysis
EPS(MRQ) vs Qtr. 1 Yr. Ago -5.56% -18.33%
EPS(TTM) vs TTM 1 Yr. Ago 28.55% 59.82%
5 Year EPS Growth 8.23% 15.32%
Sales (MRQ) vs Qtr. 1 Yr. Ago 29.78% -19.01%
Sales (TTM) vs TTM 1 Yr. Ago 13.09% -1.60%
5 Year Sales Growth 8.90% 21.81%
5 Year Capital Spending Growth 40.45% 10.73%
LIQUDITY Ratio
Quick Ratio =current asset- inventory/current liability 0.51 0.57
Current Ratio =Current Asset/Current libility 0.89 1
Financial Leverage Ratio
LT Debt to Equity =Total debt/Shareholder Equity 11.51% 55.98%
Total Debt to Asset =Total debt/Total Assets 29.55% 116.07%
Activity Ratio
Asset Turnover =Net Sale/Total Asset 0.42 0.88
Inventory Turnover =cost of goods sold/Inventory 2.36 5.54
Per Person Revenue = Revenue/Employee  21.58M 37.96M
Net Income/Employee  5.01M 6.54M
Receivable Turnover =annual net sales /Receivable 22.83 37.19
Quick Ratio =current asset- inventory/current liability Net Income/Employee 

0.58 40

0.57 35
0.56 30
0.55
25
0.54
0.53 20
Row 93
0.52 15
0.51
10
0.5
0.49 5
0.48 0
1 2 1 2

Profitability Ratio
Current Ratio =Current Asset/Current libility
60.00%
1.02
1
50.00%
0.98
0.96 40.00%
0.94
0.92 30.00%
Row 94
0.9
20.00%
0.88
0.86 10.00%
0.84
0.82 0.00%
1 2 1

LT Debt to Equity =Total debt/Shareholder Equity Net profit Margin=Net profit afte

60.00% 60.00%

50.00% 50.00%

40.00% 40.00%

30.00% 30.00%
Row 96

20.00% 20.00%

10.00% 10.00%

0.00%
0.00%
1 2
1
30.00% 30.00%
Row 96

20.00% 20.00%

10.00% 10.00%

0.00%
0.00%
1 2
1

Total Debt to Asset =Total debt/Total Assets Net Profit margin =Net profit afte
140.00%
25.00%
120.00%

20.00%
100.00%

80.00% 15.00%
Row 97
60.00%
10.00%
40.00%
5.00%
20.00%

0.00% 0.00%
1 2 1

Asset Turnover =Net Sale/Total Asset Return on Equity =Net Profit after taxe

35.00%
1
0.9 30.00%
0.8
25.00%
0.7
0.6 20.00%
0.5
Row 99
0.4 15.00%

0.3 10.00%
0.2
0.1 5.00%

0 0.00%
1 2 1 2

Inventory Turnover =cost of goods sold/Inventory Return on Assets =Net Profit after

11.40%
6
11.20%
5 11.00%

10.80%
4
10.60%
3 10.40%
Row 100

2 10.20%
 11.20%
5 11.00%

10.80%
4
10.60%
3 10.40%
Row 100

2 10.20%

10.00%
1
9.80%

0 9.60%
1 2 1

Inventory Turnover =cost of goods sold/Inventory Return on Investment =Net Profit after

25.00%

21.58M
20.00%
12

10 15.00%

8
21.58M
10.00%
6

4 5.00%

2
0.00%
0 1

Per Person Revenue = Revenue/Employee  Gross margin=Gross profit

5.01M 60.00%

12
50.00%

10
40.00%

8 30.00%
5.01M
6 20.00%

4 10.00%

2 0.00%
1
0
 Receivable Turnover =annual net sales /Receivable
40

35

30

25

20
Row 103
15

10

0
1 2
 Net Income/Employee 

Row 103

1 2

Profitability Ratio

Row 78

1 2

Net profit Margin=Net profit after taxes/Net sale

Row 79

1 2
 Row 79

1 2

et Profit margin =Net profit after taxes/Net sale

0%

0%

0%

Row 80
0%

0%

0%
1 2

n on Equity =Net Profit after taxes/shareholder Equity

Row 81

1 2

urn on Assets =Net Profit after taxes/Total Assets

Row 82
 Row 82

1 2

on Investment =Net Profit after taxes/Total investment

Row 83

1 2

Gross margin=Gross profit/net sale

%
Row 78
%

%
1 2
 Common Size Analysis Balance Shee
Total Current Assets 2018 Common size anylsis 2018
Cash and Short Term Investments 1340.7 0.010457202104482
Cash 717.43 0.007822068147273
Short Term Investments 623.27 0.005840749496161
Total Receivables, Net 14035.63 -0.936213597867116
Accounts Receivables - Trade, Net 2564.52 0.428939159523312
Total Inventory 12324.45 84.5298353909465
Prepaid Expenses 334.98 0.167546127952864
Other Current Assets, Total 75.12 0.294796326818931
Total Assets 128208.3 4.06106953165782
Property/Plant/Equipment, Total - Net 91718.71 11.3945203164968
Property/Plant/Equipment, Total - Gross 106710.6 26.7798200133509
Accumulated Depreciation, Total -14991.91 -2.7283813787581
Intangibles, Net 5978.75 0.783488010651374
Long Term Investments 145.8 0.022744893708962
Note Receivable - Long Term 1999.33 0.036069014488006
Other Long Term Assets, Total 254.82 0.030420529619487
Total Current Liabilities 31570.08 3.76885077203346
Accounts Payable 8049.37 0.374348907466729
Accrued Expenses 3984.74 0.271683977849322
Notes Payable/Short Term Debt 5494.8 6.72385310997173
Current Port. of LT Debt/Capital Leases 7630.94 0.104852852408866
Other Current liabilities, Total 6410.23 0.305249047619048
Total Liabilities 55430.68 30.9668603351955
Total Long Term Debt 8376.58 0.16723856458713
Long Term Debt 8376.58 -2018.45301204819
Total Debt 21502.32 -224.333020344288
Deferred Income Tax 14666.82 0.114398374707283
Other Liabilities, Total 817.21 0.567651358582195
Total Equity 72777.61 0.22896091757069
Common Stock, Total 21000 0.016774337924379
Additional Paid-In Capital 1790 -3.34097589966855
Retained Earnings (Accumulated Deficit) 50087.61 -0.000694125026134
Unrealized Gain (Loss) -4.15 -0.657407407407407
Other Equity, Total -95.85 64.1256270850735
Total Liabilities & Shareholders' Equity 128208.3 0
Size Analysis Balance Sheet
Common size anylsis*100 2017 Common size anylsis 2017 Common size anylsis*100
1.04572021044817 1030.2 0.008755696684717 0.87556966847169
0.782206814727333 832.09 0.009596815862559 0.959681586255894
0.584074949616074 198.11 0.002018862623486 0.201886262348604
-93.6213597867116 10422.91 -0.912312872711868 -91.2312872711868
42.8939159523312 1930.63 0.325110004563526 32.5110004563526
8452.98353909465 10103.41 117.549854566609 11754.9854566609
16.7546127952864 173.44 0.05783261087029 5.78326108702901
29.4796326818931 87.7 0.76433676137354 76.433676137354
406.106953165782 117660.5 5.03222818137494 503.222818137494
1139.45203164968 86704.8 14.9202148254328 1492.02148254328
2677.98200133509 98129.51 27.4346937520269 2743.46937520269
-272.83813787581 -11424.71 -5.39749228741372 -539.749228741372
78.3488010651375 5938.39 0.831623421727781 83.1623421727781
2.27448937089621 85.95 0.018148456272672 1.81484562726724
3.60690144880056 2999 0.057655846695045 5.76558466950454
3.04205296194867 114.74 0.008343744227953 0.834374422795278
376.885077203346 23381.4 1.70026513239895 170.026513239895
37.4348907466729 5811.23 0.25256323501098 25.256323501098
27.1683977849322 3576.84 0.251282108925164 25.1282108925164
672.385310997173 2116.67 3.26565971365095 326.565971365095
10.4852852408866 7140.72 0.108777820092924 10.8777820092924
30.5249047619048 4735.94 0.225520952380952 22.5520952380952
3096.68603351955 52015.54 29.0589608938547 2905.89608938548
16.723856458713 13751.62 0.320557681347256 32.0557681347256
-201845.301204819 13751.62 -11090.0161290323 -1109001.61290323
-22433.3020344288 23009.01 -537.342596917328 -53734.2596917328
11.4398374707283 14234.36 0.120978197108393 12.0978197108393
56.7651358582195 648.16 0.005508728754772 0.550872875477199
22.896091757069 65645 0.75710917965326 75.710917965326
1.6774337924379 21000 0.214002902898425 21.4002902898425
-334.097589966855 1790 -0.156677937558152 -15.6677937558152
-0.069412502613423 42899.05 7.22402031527064 722.402031527064
-65.7407407407407 -1.24 -0.014426992437464 -1.44269924374636
6412.56270850735 -42.82 -0.014278092697566 -1.42780926975659
0 117660.5 1025.45354715008 102545.354715008
 Common Size Analysis Income Stat
2018 Common size anylsis 2018
Total Revenue 51309.99 1
Revenue 51309.99 1
Cost of Revenue, Total 25639.38 0.499695673298709
Gross Profit 25670.62 1.00121843819936
Total Operating Expenses 34519.68 1.34471547629157
Selling/General/Admin. Expenses, Total 6105.85 0.176880260767191
Depreciation / Amortization 149.56 0.024494542119443
Interest Expense (Income) - Net Operating 1565.49 10.4673040920032
Unusual Expense (Income) -1.51 -0.000964554229027
Other Operating Expenses, Total 1060.92 -702.596026490066
Operating Income 16790.31 15.8261791652528
Net Income Before Taxes 16790.31 1
Provision for Income Taxes 4876.75 0.290450265659181
Net Income After Taxes 11913.56 2.44293023017378
Net Income Before Extraordinary Items 11913.56 1
Net Income 11913.56 1
Income Available to Common Excluding Extraordinary Items 11913.56 1
Diluted Net Income 11913.56 1
Diluted Weighted Average Shares 2100 0.176269729619022
Diluted EPS Excluding Extraordinary Items 5.67 0.0027
DPS - Common Stock Primary Issue 1.75 0.308641975308642
Diluted Normalized EPS 5.67 3.24
nalysis Income Statement
Common size anylsis*100 2017 Common size anylsis 2017 Common size anylsis*100
45371.16 1
100 45371.16 1 100
49.9695673298709 26685.58 0.58816173093216 58.816173093216
100.121843819936 18685.57 0.700212249462069 70.0212249462069
134.471547629157 35250.87 1.88652901677605 188.652901677605
17.6880260767191 5273.63 0.149602832497467 14.9602832497467
2.44945421194428 78.45 0.014875901418947 1.48759014189467
1046.73040920032 2073.71 26.4335245379222 2643.35245379222
-0.096455422902733 -3.79 -0.001827642245058 -0.182764224505837
-70259.6026490066 1143.29 -301.65963060686 -30165.963060686
1582.61791652528 10120.29 8.85190109246123 885.190109246123
100 10120.29 1 100
29.0450265659181 852.34 0.084220906713148 8.42209067131475
244.293023017378 9267.94 10.8735246497876 1087.35246497876
100 9267.94 1 100
100 9267.94 1 100
100 9267.94 1 100
100 9267.94 1 100
17.6269729619022 2100 0.226587569621728 22.6587569621728
0.27 4.41 0.0021 0.21
30.8641975308642 2.25 0.510204081632653 51.0204081632653
324 4.41 1.96 196
 Index Analysis Balance Sheet
2018 2017
Total Current Assets
Cash and Short Term Investments 1340.7 1030.2
Cash 717.43 832.09
Short Term Investments 623.27 198.11
Total Receivables, Net 14035.63 10422.91
Accounts Receivables - Trade, Net 2564.52 1930.63
Total Inventory 12324.45 10103.41
Prepaid Expenses 334.98 173.44
Other Current Assets, Total 75.12 87.7
Total Assets 128208.29 117660.5
Property/Plant/Equipment, Total - Net 91718.71 86704.8
Property/Plant/Equipment, Total - Gross 106710.62 98129.51
Accumulated Depreciation, Total -14991.91 -11424.71
Intangibles, Net 5978.75 5938.39
Long Term Investments 145.8 85.95
Note Receivable - Long Term 1999.33 2999
Other Long Term Assets, Total 254.82 114.74
Total Current Liabilities 31570.08 23381.4
Accounts Payable 8049.37 5811.23
Accrued Expenses 3984.74 3576.84
Notes Payable/Short Term Debt 5494.8 2116.67
Current Port. of LT Debt/Capital Leases 7630.94 7140.72
Other Current liabilities, Total 6410.23 4735.94
Total Liabilities 55430.68 52015.54
Total Long Term Debt 8376.58 13751.62
Long Term Debt 8376.58 13751.62
Total Debt 21502.32 23009.01
Deferred Income Tax 14666.82 14234.36
Other Liabilities, Total 817.21 648.16
Total Equity 72777.61 65645
Common Stock, Total 21000 21000
Additional Paid-In Capital 1790 1790
Retained Earnings (Accumulated Deficit) 50087.61 42899.05
Unrealized Gain (Loss) -4.15 -1.24
Other Equity, Total -95.85 -42.82
Total Liabilities & Shareholders' Equity 128208.29 117660.5
alysis Balance Sheet
index Analysis current year-Base year/ Base year

1240.7
617.43
523.27
13935.63
2464.52
12224.45
234.98
-24.88
128108.29
91618.71
106610.62
-15091.91
5878.75
45.8
1899.33
154.82
31470.08
7949.37
3884.74
5394.8
7530.94
6310.23
55330.68
8276.58
8276.58
21402.32
14566.82
717.21
72677.61
20900
1690
49987.61
-104.15
-195.85
128108.29
 Index Analysis income statement
2018 2017
Total Revenue 51309.99 45371.16
Revenue 51309.99 45371.16
Cost of Revenue, Total 25639.38 26685.58
Gross Profit 25670.62 18685.57
Total Operating Expenses 34519.68 35250.87
Selling/General/Admin. Expenses, Total 6105.85 5273.63
Depreciation / Amortization 149.56 78.45
Interest Expense (Income) - Net Operating 1565.49 2073.71
Unusual Expense (Income) -1.51 -3.79
Other Operating Expenses, Total 1060.92 1143.29
Operating Income 16790.31 10120.29
Net Income Before Taxes 16790.31 10120.29
Provision for Income Taxes 4876.75 852.34
Net Income After Taxes 11913.56 9267.94
Net Income Before Extraordinary Items 11913.56 9267.94
Net Income 11913.56 9267.94
Income Available to Common Excluding Extraordinary Items 11913.56 9267.94
Diluted Net Income 11913.56 9267.94
Diluted Weighted Average Shares 2100 2100
Diluted EPS Excluding Extraordinary Items 5.67 4.41
DPS - Common Stock Primary Issue 1.75 2.25
Diluted Normalized EPS 5.67 4.41
ome statement
index Analysis current year-Base year/ Base year
51209.99
51209.99
25539.38
25570.62
34419.68
6005.85
49.56
1465.49
-101.51
960.92
16690.31
16690.31
4776.75
11813.56
11813.56
11813.56
11813.56
11813.56
2000
-94.33
-98.25
-94.33