Page 111 - 2021 Issue 2

Profile’s Stock Exchange Handbook: 2021 – Issue 2 JSE – CAS
WEBSITE: www.cashbuild.co.za
Cashbuild Ltd. TELEPHONE: 011-248-1500
FAX: 086-666-3291
CAS
COMPANY SECRETARY: Takalani Nengovhela
TRANSFER SECRETARY: JSE Investor Services
(Pty) Ltd.
SPONSOR: Nedbank CIB
AUDITORS: PwC Inc.
BANKERS: First National Bank, Nedbank Ltd.,
Scan the QR code to Standard Bank of SA Ltd.
visit our website
ISIN: ZAE000028320 SHORT: CASHBIL CODE: CSB
REG NO: 1986/001503/06 FOUNDED: 1978 LISTED: 1986 CALENDAR Expected Status
NATURE OF BUSINESS: Next Final Results Sep 2021 Unconfirmed
Cashbuild is southern Africa’s largest retailer of quality Annual General Meeting Nov 2021 Unconfirmed
building materials and associated products, selling direct to a Next Interim Results Mar 2022 Unconfirmed
cash-paying customer base through our chain ofstores (317 at CAPITAL STRUCTURE AUTHORISED ISSUED
CSB Ords 1c ea 35 000 000 24 989 811
the end of this reporting period which includes 58 P&L DISTRIBUTIONS [ZARc]
Hardware stores and 1 DIY store). Cashbuild carries an Ords 1c ea Ldt Pay Amt
in-depth quality product range tailored to the specific needs of Interim No 56 23 Mar 21 29 Mar 21 724.00
the communities we serve. Our customers are typically Final No 55 21 Sep 20 28 Sep 20 272.00
home-builders and improvers, contractors, farmers, traders, Interim No 54 24 Mar 20 30 Mar 20 435.00
as well as all other customers requiring quality building Final No 53 23 Sep 19 30 Sep 19 420.00
materials at the best value. LIQUIDITY: Mar21 Ave 264 708 shares p.w., R49.0m(55.1% p.a.)
Cashbuild has built its credibility and reputation by consis- 40 Week MA CASHBIL
tently offering its customers quality building materials at the 50477
best value and through a purchasing and inventory policy that
42726
ensures customers’ requirements are always met.
SECTOR: ConsDiscr—Retail—Retailers—HomeImprovementRetailers 34975
MAJOR ORDINARY SHAREHOLDERS as at 27 Dec 2020
Allan Gray (Pty) Ltd. 23.12% 27223
SRA Investments (Pty) Ltd. 17.57%
Goldrick P K 9.76% 19472
FINANCIAL STATISTICS
11721
(R million) Jun 19 2016 | 2017 | 2018 | 2019 | 2020 |
Dec 20 Jun 20 (53 wks) Jun 18 Jun 17
Interim Final Final Final(rst) Final(rst) Recent Announcements
Turnover 6 695 10 091 10 821 10 207 9 730 Monday, 19 April 2021: Revenue for the third quarter for the
Op Inc 576 520 559 543 620 Cashbuild Group was up 21% on the third quarter of the prior
NetIntPd(Rcvd) 31 126 - 54 - 51 - 37 financial year. The 299 existing stores’ revenue increased by
Tax 181 121 180 169 188 19%andthe18newstores(openedsinceJuly2019)contributed
Minority Int 2 5 5 5 4 2%. This together with the growth reported in the first half,
Att Inc 362 267 427 421 465
TotCompIncLoss 353 299 437 431 449 equates to an increase in revenue for the year to date of 21%.
Hline Erngs-CO 350 259 434 424 464 Transactions through the tills during the third quarter for the
Fixed Ass 2 397 2 395 1 129 1 100 979 Cashbuild Group increased by 14% to that of the comparative
Inv & Loans 58 58 28 - - period, with new stores contributing 2% while existing stores
Def Tax Asset 120 99 66 46 27 increased by 12%.
Tot Curr Ass 4 641 3 371 2 279 2 635 2 257 Selling inflation was 6.3% at the end of March 2021 when
Ord SH Int 2 409 2 117 2 157 1 890 1 656 compared to March 2020.
Minority Int 35 38 31 28 23 During the third quarter the Group opened four new stores
LT Liab 1 463 1 468 224 205 198 (three Cashbuild and one P&L Hardware) and closed four P&L
Tot Curr Liab 3 732 2 723 1 583 2 177 1 863
Hardware stores at the expiration oftheir lease agreements. The
PER SHARE STATISTICS (cents per share) Group also relocated two stores (one Cashbuild and one P&L
EPS (ZARc) 1 594.72 1 176.70 1 881.30 1 851.60 2 047.70 Hardware) and refurbished one Cashbuild store, bringing the
HEPS-C (ZARc) 1 540.70 1 138.50 1 910.40 1 866.50 2 045.20
Pct chng p.a. 170.7 - 40.4 2.4 - 8.7 8.1 totalnumberofstorestradingattheendofthequarterto317.
Tr 5yr av grwth % - 5.51 - 5.60 10.60 12.7 10.2 Tuesday, 23 March 2021: Shareholders are advised that Cashbuild
DPS (ZARc) 724.00 707.00 855.00 842.00 930.00 has appointed JSE Investor Services (Pty) Ltd. as the Group’s
Pct chng p.a. 2.4 - 17.3 1.5 - 9.5 - 7.1 new transfer secretaries with effect from 15 April 2021.
Tr 5yr av grwth % -4.9 -6.72 3.73 9.78 13.81 Cashbuild interim results December 2020 - Tuesday, 02 March 2021:
NAV PS (ZARc) 9 640.00 8 470.00 8 636.00 7 561.00 6 642.00 Revenue for the interim period increased to R6.695 billion
3 Yr Beta 0.94 0.88 - 0.07 0.22 1.12 (2019: R5.510 billion), gross profit grew to R1.765 billion
Price High 23 500 29 533 34 500 52 649 46 000
Price Low 23 026 14 001 23 002 29 005 32 100 (2019: R1.369 billion), operating profit increased 92% to R576
Price Prd End 23 101 14 258 26 715 33 000 35 000 million (2019: R299 million), net profit attributable to owners
RATIOS of the company rose to R362 million (2019: R170 million),
Ret on SH Fnd 14.91 12.65 19.77 22.17 27.96 while headlineearningsper share cameinhigher at1540.7cents
Ret On Tot Ass 9.54 4.30 10.82 9.89 12.64 per share (2019: 762.4 cents per share).
Oper Pft Mgn 8.60 5.16 5.17 5.32 6.37 Declaration of dividend.
D:E 0.21 0.19 0.08 0.12 0.12 The board has declared an interim dividend of 724 cents (2019:
Int Cover 7.40 2.72 133.42 172.83 163.80 435 cents) per ordinary share out of income reserves to all share-
Current Ratio 1.24 1.24 1.44 1.25 1.21 holders of Cashbuild.
Div Cover 2.20 1.66 2.20 2.20 2.20
NUMBER OF EMPLOYEES: 6 490 Prospects
DIRECTORS: KnockAGW (Chair, ind ne), de Jager W F (CEO), Group revenue for the subsequent six weeks after half year-end
Bosman M (ind ne), HickeyHH(ind ne), Lushaba DrDSS(ind ne), has increased by 24% for the comparable six week period. Man-
Prowse A E (FD), Tapon NjamoGM(ind ne), Thoresson S A, agement expects trading conditions to remain uncertain due to
van Aswegen W P the ongoingCOVID-19 pandemicandits economicimpact. This
POPULAR BRAND NAMES: Cashbuild, Champion Cement, Champion
Paint, P&L Hardware information has not been reviewed nor audited by the
POSTAL ADDRESS: PO Box 90115, Bertsham, 2013 company’s auditor.
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