Sanasa Development Bank PLC

Sanasa Development Bank PLC has a liquidity profile that is characterized as medium, with a debt-to-equity ratio of 1.74, indicating a relatively high level of leverage. The company's free cash flow is modest at 223.613 million LKR, while its operating cash flow is significantly higher at 4.3396 billion LKR, suggesting that the company is generating sufficient cash from operations to support its activities.

In terms of profitability, the company's return on equity is 0.79%, and its return on assets is 0.07%, both of which are below the typical thresholds for healthy performance in the banking industry. These figures suggest that the company is not generating strong returns relative to its equity and asset base.

The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no significant geographic diversification reported. This lack of diversification could expose the company to higher risks if the local market experiences economic downturns.

The company's growth trajectory is not clearly defined in the available data, as there are no specific numeric deltas provided for the current or next fiscal year. However, the company's capital expenditure is negative at -21.289 million LKR, indicating that it is not investing in new assets and may be focusing on cost reduction or asset optimization.

The risk assessment for Sanasa Development Bank PLC indicates a medium liquidity risk and a low dilution risk. The company's net cash position is negative after accounting for total debt, which could affect its ability to meet short-term obligations without additional financing. No specific dilution sources are identified in the available data, and the likelihood of near-term dilution is assessed as low.

Recent events and filings for Sanasa Development Bank PLC are not detailed in the available data, so no specific recent developments can be cited. The company's financial statements and risk assessments are based on the latest available data from verified market sources.

Revenue grew 21.5% year-over-year to LKR 8.2 billion, demonstrating strong top-line expansion momentum.

Free cash flow surged 33.1% to LKR 921.9 million, indicating robust cash generation capabilities.

Cash conversion ratio of 38.1% ranks best-in-class among 924 peers, highlighting superior efficiency.

Net income CAGR of 60.4% over four years shows significant long-term profitability growth potential.

Equity grew 4.8% year-over-year to LKR 14.8 billion, supporting a strengthening capital base.

ROE of 0.79% falls in the bottom quartile, vastly underperforming the 6.16% cohort median.

Debt-to-equity ratio of 1.74 is in the bottom quartile, exceeding the 0.29 cohort median.

Total assets contracted 0.6% year-over-year, reflecting a shrinking balance sheet and potential credit tightening.

Revenue LKR 1.31B; Net margin 0.4%.

• ▍Revenue LKR 1.31B
• ▍Net margin 0.4%

Revenue LKR 2.24B; Net margin 7.2%.

• ▍Revenue LKR 2.24B
• ▍Net margin 7.2%

Revenue LKR 2.15B; Net margin 6.0%.

• ▍Revenue LKR 2.15B
• ▍Net margin 6.0%

Revenue LKR 7.82B, −8,0% YoY; Net income −12,3% YoY.

• ▍Revenue LKR 7.82B, −8,0% YoY
• ▍Net income −12,3% YoY
• ▍Free cash flow −48,2% YoY
• ▍Net margin 5.2%

Revenue LKR 8.50B, +24,3% YoY; Net income +663,2% YoY.

• ▍Revenue LKR 8.50B, +24,3% YoY
• ▍Net income +663,2% YoY
• ▍Free cash flow +669,1% YoY
• ▍Net margin 5.5%

Revenue LKR 6.84B, +1,0% YoY; Net income −93,1% YoY.

• ▍Revenue LKR 6.84B, +1,0% YoY
• ▍Net income −93,1% YoY
• ▍Free cash flow −119,8% YoY
• ▍Net margin 0.9%