Ricegrowers Limited

  • IPO date:
  • Sector: Consumer Defensive
  • GIC Group: Food, Beverage & Tobacco
  • Industry: Farm Products
  • Company website

Company description

Ricegrowers Limited operates as a rice food company in Australia and internationally. It operates through Rice Pool, International Rice, Rice Food, Riviana Foods, and CopRice segments. The company engages in the receipt and storage of paddy rice; and milling, manufacturing, processing, procurement, distribution, and marketing of rice and related products, as well as other grocery products, gourmet, and special occasions food products, and research and development into the growing of rice. It offers everyday, microwave, and healthy rice; rice snacks; bulk bag rice; and rice for restaurants. Further, the company provides animal feed and nutrition products. It offers its products under the Sunwhite, Solrais, Trukai, CopRice, Hinode, Always Fresh, Admiral, Captain, Riviana, Mahatma, Menu Master, Garden Supreme, and Ocean Supreme brands. The company was founded in 1950 and is based in Sydney, Australia.

Financial highlights

Market Capitalization$429.9304 million
P/E Ratio12.26
P/E Growth Ratio
Book Value8.479
Dividend Per Share0.5
Earnings Per Share0.82
EBITDA109,118
Profit Margin0.0321
Operating Margin TTM0.0529
Return on Assets TTM0.0429
Return on Equity TTM0.1032
Revenue TTM1,637,716.992

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-12-31 1,270,152 761,310 508,842
2016-12-31 1,112,815 706,629 406,186
2017-12-31 1,177,286 699,622 477,664
2018-12-31 1,193,063 723,638 469,425
2019-12-31 1,130,629 706,385 424,244 389,426
2020-12-31 1,022,231 646,744 375,487 358,060
2021-12-31 1,331,050 819,048 512,002 451,229
2022-12-31 1,634,456 964,214 670,242 586,844

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-12-31 970,579 599,502 5,050 79,069 107,819
2016-12-31 59,978 810,502 420,454 10,098 78,610 107,819
2017-12-31 122,902 1,034,160 616,446 0 78,721 111,855
2018-12-31 22,441 829,887 385,081 12,001 91,971 122,852
2019-12-31 39,837 818,306 336,947 63,637 45,995 128,440
2020-12-31 23,536 921,533 460,569 84,961 73,512 134,561
2021-12-31 42,599 1,198,793 693,444 125,067 104,353 142,478
2022-12-31 74,295 1,326,963 770,317 299,071 51,890 152,526

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-12-31 28,676 49,664 14,498
2016-12-31 34,201 141,778 -65,187 18,402
2017-12-31 42,695 80,455 73,022 122,902 16,340
2018-12-31 31,498 -9,105 -112,462 122,902 10,440 13,357
2019-12-31 27,013 89,533 21,074 10,440 31,514 13,932
2020-12-31 20,767 39,010 -7,978 31,514 23,536 14,502
2021-12-31 47,553 24,338 4,722 23,536 28,258 19,848
2022-12-31 52,554 -48,563 35,940 28,258 64,198 18,452