Periodo Final 12/31/2017 2017 12/31/2016 2016

Activos circulantes
Efectivo y equivalentes de efectivo 43,299,000 11.5% 48,129,000 13.2%
Inventario a corto plazo 38,696,000 10.2% 44,313,000 12.1%
creditos netos 41,076,000 10.9% 42,263,000 11.6%
Inventario 21,923,000 5.8% 22,354,000 6.1%
Otros activos circulares - 0.0% - 0.0%
Total de Activos corrientes 144,994,000 38% 157,059,000 43%
Inversiones a largo plazo - 0.0% - 0.0%
Propiedad Planta y Equipo 58,117,000 15.4% 52,263,000 14.3%
buena voluntad 83,968,000 22.2% 70,438,000 19.3%
Activos intangibles 20,273,000 5.4% 16,436,000 4.5%
Amortizacion Acomulada - 0.0% - 0.0%
Otros activos 64,385,000 17.0% 67,153,000 18.4%
Cargos diferidos de activos a largo plazo 6,207,000 1.6% 1,833,000 0.5%
Total Activo No Corriente 232,950,000 61.6% 208,123,000 57.0%
Total Activos 377,945,000 q 365,183,000 100%
Pasivo circulante
Cuentas por pagar 76,297,000 24.6% 77,082,000 26.9%
Short/Current Long Term Debt 26,016,000 8.4% 31,131,000 10.9%
Other Current Liabilities 18,697,000 6.0% 17,564,000 6.1%
Total pasivos corriente 121,010,000 39.0% 125,777,000 43.9%
Deuda a largo plazo 108,575,000 35.0% 105,080,000 36.7%
Other Liabilities 62,976,000 20.3% 53,812,000 18.8%
Deferred Long Term Liability Charges - 0.0% - 0.0%
Minority Interest 17,723,000 5.7% 1,663,000 0.6%
Negative Goodwill - 0.0% - 0.0%
Total pasivo no corriente 189,274,000 61.0% 160,555,000 56.1%
total Responsabilidad 310,284,000 100.0% 286,331,000 100.0%
Stockholders' Equity
Misc. Stocks Options Warrants 3,399,000 5% 3,025,000 4%
Redeemable Preferred Stock - 0% - 0%
Preferred Stock - 0% - 0%
Common Stock 702,000 1% 702,000 1%
Retained Earnings 125,682,000 196% 139,532,000 184%
Acciones del tesoro -84,902,000 -132% -83,038,000 -110%
Capital Surplus - 0% - 0%
} 22,776,000 35% 18,625,000 25%
patrimonio total de accionistas 64,263,000 100% 75,828,000 100%
Total Pasivo y Patrimonio 374,547,000 362,159,000
-10.04% 4960519.1258
-12.68%
-2.81%
-1.93%
0.00%
-7.68%
0.00%
11.20%
19.21% 4.27%
23.35% 1.25%
0.00%
-4.12%
238.63% 3.92%
11.93%
3.49%
Revenue 12/31/2017 12/31/2016
Total Revenue 122,092,000 123,693,000
Cost of Revenue 104,102,000 90,280,000
Gross Profit 17,990,000 33,413,000
Operating Expenses
Research Development - -
Selling General and Administrative 21,912,000 19,359,000
Non Recurring - -
Others - -
Total Operating Expenses - -
Operating Income or Loss -3,922,000 14,054,000
Income from Continuing Operations
Total Other Income/Expenses Net - -
Ganancias antes de intereses e impuestos -3,922,000 14,055,000
Interest Expense 4,869,000 5,025,000
Income Before Tax -8,791,000 9,030,000
Income Tax Expense -3,043,000 -464,000
Minority Interest 17,723,000 1,663,000
Net Income From Continuing Ops -5,748,000 9,494,000
Non-recurring Events
Discontinued Operations -309,000 -954,000
Net Income -5,786,000 8,831,000
Liquidez
Razon Corriente 1.20
Razon Ácida 1.02
Capital de Trabajo 23,984,000

Endeudamiento
Razon pasivo a Patrimonio 4.83x
Razon de Endeudamiento 0.82x
Estructura de Capital 2.09x
% Deuda 67.68%
% Patrimonio 32.32%
Cobertura de Intereses -0.81

Actividad
Rotación CxC 2.97x
Días CxC 122.80
Rotación Inventarios 4.75x
Días Inventarios 76.87
Rotación CxP 1.37x
Días CxP 266.41
Ciclo Operativo 199.66
Ciclo de la Conversión del Efectivo -66.74

Rentabilidad
Margen Bruto 0.1473479
Margen Operativo -3.21%
Margen Neto -4.74%
ROA -1.53%
ROE -9.00%
ROIC -1.21%