📊 2024 Snapshot of Financial Ratios

This section presents a snapshot of SITAB’s 2024 performance using key financial ratios such as profitability, cost control, solvency, and operational efficiency.

📊 2024 Snapshot of Financial Ratios
Ratio	Value	Comment (EN)
Net Profit Margin	20.92%	Strong net margin
EBIT Margin	25.73%	Very healthy operational margin
Gross Profit Margin	29.93%	Good product margins
Value Added / Sales	27.21%	Strong internal value creation
Personnel Costs / Sales	1.32%	Very lean operation
Operating Costs / Sales	73.89%	Well-managed costs
Interest Coverage	5,015x	Excellent solvency (debt-free)
Financial Weight	0.02%	Negligible interest burden
Break-even Revenue	35.88B CFA	Break-even far below revenue

📈 Income Statement Growth Table (2020–2024)

The following table shows year-over-year changes in revenue, EBIT, and net income. These metrics highlight the company’s ability to grow profitably and control expenses over time.

📈 Income Statement Growth Table (2020–2024)
Year	Sales Variation	Operating Income EBIT	Net Income YOY	EBIT Operating Profit	Value Added	Financial Expenses	Personnel Costs	Net Profit Margin	EBIT Margin	Value Added to Revenue	Personnel Costs to Revenue	Interest Coverage Ratio	Financial Weight
2021	16.8%	102.4%	11.2%	102.4%	75.4%	-50.3%	-5.3%	-4.8%	73.3%	50.2%	-18.9%	307.2%	-75.4%
2022	11.5%	36.0%	21.1%	36.0%	28.3%	-24.2%	6.2%	8.6%	22.0%	15.0%	-4.8%	79.4%	-44.3%
2023	12.5%	27.3%	7.8%	27.3%	27.6%	570.1%	21.8%	-4.2%	13.2%	13.4%	8.3%	-81.0%	426.3%
2024	26.2%	238.3%	260.8%	238.3%	196.8%	-60.8%	-5.8%	185.8%	168.1%	135.1%	-25.4%	763.6%	-88.4%

💰 SITAB | Yearly Financials 2020–2024

This table displays the actual figures for sales, net income, EBIT, and financial ratios. Percentage columns are interpreted relative to total revenue.

SITAB | Yearly Growth 2020–2024
Year	CA (Ventes) / Sales	Resultat D'exploitation / Operating Income	Résultat Net / Net Income	EBIT / Operating Profit	Valeur Ajoutee/ Value Added	Finance Charge	Labor	Net Margin	EBIT margin	Valeur Ajoutée / CA	Charges Personnel / CA	Couverture frais financiers (EBIT / charges finance)	Financial Weight (poids)
2024	213794216965	55005589361	44730358142	55005589361	58179993821	10968371	2821075854	20.922155	25.728287	27.213081	1.319529	5014.928	0.0001994
2023	169386596154	16258209527	12399004223	16258209527	19604848526	27999272	2995879455	7.319944	9.598286	11.574026	1.768664	580.670	0.0017222
2022	150593180425	12768812060	11503188097	12768812060	15366441597	4178492	2459217465	7.638585	8.479011	10.203943	1.633020	3055.840	0.0003272
2021	135071753727	9388373157	9499192306	9388373157	11980299113	5512989	2316042385	7.032701	6.950656	8.869581	1.714676	1702.960	0.0005872
2020	115654649538	4638985646	8542921197	4638985646	6831571107	11091748	2446116167	7.386578	4.011067	5.906871	2.115018	418.240	0.0023910

📈 Sales and Net Income Evolution (2020–2024)

This dashboard shows how SITAB’s revenue and profitability evolved year-over-year. The 2024 spike is particularly notable.

💹 Net Margin

The net profit margin rose dramatically in 2024, reaching 21%, which means for every 1,000 FCFA of sales, SITAB retains 210 FCFA as net profit.

🛡️ SITAB Financial Leverage and Debt Position

This dashboard confirms that SITAB is essentially debt-free. The company’s EBIT is more than sufficient to cover any minor financial costs.

🧠 Conclusion

SITAB has demonstrated excellent financial performance between 2020 and 2024, particularly in 2024 where profitability metrics spiked significantly. The firm has low financial risk, strong internal value generation, and operates with a lean cost structure.