On Jan. 25, 2007, integrated electronics manufacturer Sanmina-SCI
- Reduced demand cut revenues roughly 3%.
- Lower operating expenses helped boost the bottom line by 62.4%.
- Management's focus on product mix and efficiency helped grow margins across the board.
- Sanmina-SCI is only a one-star stock in Motley Fool CAPS, our interactive stock database.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$2,778.8 |
$2,861.8 |
(2.9%) |
Net Profit |
$28.2 |
$17.4 |
62.4% |
EPS |
$0.05 |
$0.03 |
66.7% |
Diluted Shares |
528.3 |
524.7 |
0.7% |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
6.1% |
5.9% |
0.2 |
Operating Margin |
2.1% |
1.1% |
1.0 |
Net Margin |
1.0% |
0.6% |
0.4 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$538.8 |
$1,039.3 |
(48.2%) |
Accounts Rec. |
$1,558.1 |
$1,612.3 |
(3.4%) |
Inventory |
$1,328.1 |
$1,122.8 |
18.3% |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Accounts Payable |
$1,481.7 |
$1,636.4 |
(9.5%) |
Long-Term Debt |
$1,582.5 |
$1,635.8 |
(3.3)% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Sanmina-SCI must have a few missing circuits, because it forgot to include a cash flow statement in the press release.
Find out why Fools always follow the money.
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