MICHELL Y CÍA. S.A.

ESTADO DE SITUACIÓN FINANCIERA

AL 31 DE DICIEMBRE DE 2021, 2020 y 2019
(Expresado en Soles)
Análisis Análisis
Cuenta 2021 2020
Vertical Horizontal
ACTIVO
ACTIVO CORRIENTE
Efectivo y equivalente del efectivo S/. 24,037,437.00 5% 15% S/. 20,953,325.00
Cuentas por cobrar comerciales S/. 60,268,938.00 13% -4% S/. 62,905,857.00
Otras cuentas por cobrar S/. 10,515,960.00 2% 31% S/. 8,007,306.00
Cuentas por cobrar a Relacionadas S/. 4,841,063.00 1% -11% S/. 5,427,954.00
Inventario S/. 195,492,056.00 43% 6% S/. 184,392,660.00
TOTAL ACTIVO CORRIENTE S/. 295,155,454.00 65% 5% S/. 281,687,102.00
ACTIVO NO CORRIENTE
Inventario S/. - 0% 0% S/. -
Otros activos financieros S/. 16,335,050.00 4% 0% S/. 16,333,678.00
Propiedad, planta y equipo S/. 138,632,777.00 31% 9% S/. 127,685,524.00
Activos Intangibles S/. 277,530.00 0% 21% S/. 229,907.00
Activo por Impuesto Ganancias Diferido S/. 2,303,507.00 1% 13% S/. 2,045,621.00
TOTAL ACTIVO NO CORRIENTE S/. 157,548,864.00 35% 8% S/. 146,294,730.00
TOTAL ACTIVO S/. 452,704,318.00 100% 6% S/. 427,981,832.00

PASIVO Y PATRIMONIO
PASIVO CORRIENTE
Obligaciones Financieras S/. 119,126,872.00 26% -11% S/. 133,576,905.00
Cuentas por pagar comerciales S/. 9,627,523.00 2% -40% S/. 15,970,733.00
Otras cuentas por pagar S/. 32,990,593.00 7% 56% S/. 21,102,685.00
Cuentas por pagar a relacionadas S/. 559,371.00 0% -22% S/. 713,751.00
TOTAL PASIVO CORRIENTE S/. 162,304,359.00 36% -5% S/. 171,364,074.00
PASIVO NO CORRIENTE
TOTAL PASIVO NO CORRIENTE S/. - 0% 0% S/. -
TOTAL PASIVO S/. 162,304,359.00 36% -5% S/. 171,364,074.00

PATRIMONIO
Capital emitido S/. 53,431,576.00 12% 0% S/. 53,431,576.00
Acciones de inversión S/. 4,062,143.00 1% 0% S/. 4,062,143.00
Reservas S/. 14,493,419.00 3% 0% S/. 14,493,419.00
Otras reservas S/. 56,622,336.00 13% 0% S/. 56,622,336.00
Resultados acumulados S/. 161,790,485.00 36% 26% S/. 128,008,284.00
TOTAL PATRIMONIO S/. 290,399,959.00 64% 13% S/. 256,617,758.00
TOTAL PASIVO Y PATRIMONIO S/. 452,704,318.00 100% 6% S/. 427,981,832.00

Análisis Análisis
Cuenta 2021 2020
Vertical Horizontal
Ingresos de actividades ordinarias S/. 459,390,883.00 100% 22% S/. 377,912,509.00
Costo de ventas S/. 337,690,756.00 74% 14% S/. 295,967,689.00
UTILIDAD BRUTA S/. 121,700,127.00 26% 49% S/. 81,944,820.00
Gastos de administración S/. 21,415,922.00 5% 20% S/. 17,819,509.00
Gastos de venta S/. 37,710,906.00 8% 21% S/. 31,195,756.00
Ingresos diversos S/. 10,001,224.00 2% 15% S/. 8,701,487.00
Otros gastos diversos S/. - 0% 0% S/. -
GANANCIA POR ACTIVIDADES DE OPERACIÓN S/. 72,574,523.00 16% 74% S/. 41,631,042.00
Ingresos financieros S/. 384,399.00 0% -8% S/. 418,808.00
Gastos financieros S/. 2,746,090.00 1% 70% S/. 1,612,641.00
Diferencia de cambio neta S/. 1,352,092.00 0% -196% -S/. 1,408,569.00
RESULTADO ANTES DE IMPUESTO A LAS GANANCIAS S/. 68,860,740.00 15% 65% S/. 41,845,778.00
Ingreso (Gasto) por impuesto S/. 20,313,918.00 4% 65% S/. 12,344,504.00
GANANCIA NETA DEL EJERCICIO S/. 48,546,822.00 11% 65% S/. 29,501,274.00
Otros resultados integrales S/. - 0% 0% S/. -
TOTAL DE RESULTADOS INTEGRALES S/. 48,546,822.00 11% 65% S/. 29,501,274.00
Pago de Dividendos S/. 16,468,649.00 4% -8% S/. 17,838,309.00
Utilidad (pérdida) básica por acción común S/. 1.06 0% 65% S/. 0.64
Utilidad (pérdida) diluida por acción común S/. 0.84 0% 65% S/. 0.51

Que es mejor un Apalancamiento Financiero vs. Un Apalancamiento Operativo

Análisis Análisis Análisis
2019
Vertical Horizontal Vertical

5% 54% S/. 13,571,149.00 4%

15% 53% S/. 41,129,642.00 12%
2% 60% S/. 5,011,512.00 1%
1% -16% S/. 6,438,448.00 2%
43% 24% S/. 148,639,365.00 43%
66% 31% S/. 214,790,116.00 62%

0% -100% S/. 583,222.00 0%

4% 0% S/. 16,359,231.00 5%
30% 16% S/. 109,634,373.00 32%
0% -45% S/. 416,399.00 0%
0% -17% S/. 2,452,373.00 1%
34% 13% S/. 129,445,598.00 38%
100% 24% S/. 344,235,714.00 100%

31% 89% S/. 70,818,620.00 21%

4% 62% S/. 9,863,434.00 3%
5% 8% S/. 19,556,918.00 6%
0% -20% S/. 895,412.00 0%
40% 69% S/. 101,134,384.00 29%
-100% S/. 7,336.00 0%
0% -100% S/. 7,336.00 0%
40% 69% S/. 101,141,720.00 29%

12% 0% S/. 53,431,576.00 16%

1% 0% S/. 4,062,143.00 1%
3% 0% S/. 14,493,419.00 4%
 13% 0% S/. 56,622,336.00 16%
30% 12% S/. 114,484,520.00 33%
60% 6% S/. 243,093,994.00 71%
100% 24% S/. 344,235,714.00 100%

Análisis Análisis Análisis

2019
Vertical Horizontal Vertical
100% 17% S/. 324,045,359.00 100%
78% 24% S/. 237,772,729.00 73%
22% -5% S/. 86,272,630.00 27%
5% -20% S/. 22,305,663.00 7%
8% 9% S/. 28,506,759.00 9%
2% 11% S/. 7,805,228.00 2%
0% -100% S/. 141.00 0%
11% -4% S/. 43,265,295.00 13%
0% 8% S/. 387,173.00 0%
0% -26% S/. 2,170,518.00 1%
0% -333% S/. 604,646.00 0%
11% 2% S/. 40,877,304.00 13%
3% 8% S/. 11,445,645.00 4%
8% 0% S/. 29,431,659.00 9%
0% 0% S/. - 0%
8% 0% S/. 29,431,659.00 9%
5% 12% S/. 15,891,828.00 5%
0% 0% S/. 0.64 0%
0% 0% S/. 0.51 0%