Estados financieros detallados de MOGU Inc. (MOGU): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
MOGU Inc. registró ingresos de $121.5M en el último ejercicio fiscal, con un CAGR de 5 años del -24.1%.
Márgenes de los últimos 12 meses: margen bruto 28.6%, margen operativo -57.6%, margen neto 1.5%.
Al precio actual de $1.98, MOGU cotiza a un P/E de 57.17 y un ROE del 0.35%. La capitalización bursátil es de $16M.
Cuenta de Resultados (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ingresos | $1.11B | $973.2M | $1.07B | $835.3M | $482.4M | $338.0M | $232.1M | $160.3M | $141.2M | $121.5M |
| Coste de Ventas | $377.8M | $317.7M | $313.8M | $293.8M | $183.1M | $159.6M | $113.9M | $91.2M | $84.8M | $87.0M |
| Beneficio Bruto | $732.1M | $655.5M | $760.5M | $541.6M | $299.3M | $177.9M | $118.2M | $69.2M | $56.5M | $34.6M |
| I+D | $418.5M | $289.3M | $236.4M | $171.1M | $103.5M | $82.6M | $37.1M | $26.7M | $30.0M | $27.9M |
| Generales y Administrativos | $816.1M | $848.0M | $912.1M | $741.3M | $332.8M | $227.6M | $131.2M | $122.5M | $114.6M | $84.2M |
| Gastos Operativos | $1.68B | $1.52B | $1.33B | $2.61B | $728.2M | $848.9M | $305.6M | $148.3M | $157.6M | $112.1M |
| Beneficio Operativo | -$1.07B | -$847.4M | -$574.2M | -$2.07B | -$428.9M | -$670.5M | -$187.4M | -$79.2M | -$101.1M | -$77.6M |
| EBITDA | -$399.0M | -$420.9M | -$374.6M | -$350.1M | -$84.8M | -$383.9M | -$20.8M | -$51.4M | -$43.7M | -$66.4M |
| Gastos por Intereses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $191000 | $1000 | $10658 |
| Beneficio Antes de Impuestos | -$1.05B | -$641.7M | -$509.2M | -$2.11B | -$322.8M | -$656.9M | -$188.4M | -$68.6M | -$59.7M | $9.1M |
| Impuestos | -$107.7M | -$88.7M | -$17.2M | -$590000 | $5.2M | -$14.5M | -$2.0M | -$1.6M | $839000 | $5.9M |
| Beneficio Neto | -$939.1M | -$558.2M | -$486.3M | -$2.22B | -$328.0M | -$639.8M | -$178.0M | -$59.3M | -$62.6M | $1.8M |
| BPA | $-513.86 | $-68.93 | $-54.62 | $0.00 | $-36.00 | $-75.00 | $-20.91 | $-6.84 | $-7.77 | $0.21 |
| BPA Diluido | $-511.48 | $-68.93 | $-54.54 | $0.00 | $-36.00 | $-75.00 | $-21.00 | $-6.84 | $-7.17 | $0.21 |
| Acciones en Circulación (Diluidas) | $1.8M | $8.1M | $8.9M | 0 | $8.8M | $8.4M | $8.5M | $8.7M | $8.7M | $8.8M |
Balance (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Caja y Equivalentes | $1.27B | $1.22B | $1.28B | $856.6M | $542.1M | $438.6M | $416.2M | $358.8M | $82.0M | $133.6M |
| Inversiones a Corto | $400.6M | $130.0M | $212.0M | $238.0M | $260.2M | $196.9M | $145.8M | $61.3M | $297.6M | $161.5M |
| Cuentas por Cobrar | $740.6M | $89.8M | $120.9M | $53.2M | $41.2M | $26.8M | 0 | $17.1M | $46.2M | $40.1M |
| Inventario | $4.1M | $110000 | $5.0M | $2.9M | $240000 | $79000 | $144000 | $98000 | $11000 | $46000 |
| Activos Corrientes | $2.48B | $1.66B | $1.78B | $1.31B | $987.1M | $718.9M | $665.6M | $507.8M | $485.6M | $342.1M |
| Inmovilizado Material | $99.7M | $16.5M | $12.0M | $14.1M | $10.8M | $7.7M | $200.0M | $302.3M | $282.2M | $275.0M |
| Fondo de Comercio | $1.57B | $1.57B | $1.57B | $186.5M | $186.5M | $63.5M | 0 | 0 | 0 | 0 |
| Activos Intangibles | $500.9M | $116.8M | $1.00B | $813.0M | $426.0M | $89.8M | $12.6M | $949000 | $718000 | $536000 |
| Activos Totales | $4.68B | $3.58B | $4.60B | $2.44B | $1.84B | $1.17B | $1.01B | $938.4M | $858.2M | $826.9M |
| Cuentas por Pagar | $11.1M | $12.3M | $18.0M | $17.1M | $19.9M | $17.9M | $8.2M | $6.9M | $4.5M | $3.5M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | $10.1M | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $1.07B | $670.1M | $548.9M | $435.1M | $365.3M | $321.8M | $335.7M | $321.8M | $320.9M | $318.5M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $1.19B | $695.3M | $556.1M | $460.3M | $385.0M | $334.8M | $339.8M | $323.9M | $321.2M | $318.8M |
| Reservas | -$3.27B | -$4.50B | -$5.43B | -$7.65B | -$7.98B | -$8.62B | -$8.79B | -$8.86B | -$8.92B | -$8.92B |
| Patrimonio Neto | $3.50B | $2.88B | $4.05B | $1.98B | $1.45B | $789.7M | $640.7M | $588.4M | $509.0M | $508.1M |
| Deuda Total | 0 | 0 | 0 | 0 | 0 | $10.1M | $3.4M | $2.7M | $972000 | $768000 |
| Deuda Neta | -$1.67B | -$1.35B | -$1.49B | -$1.09B | -$802.3M | -$625.4M | -$558.6M | -$417.4M | -$378.6M | -$294.4M |
| Capital Circulante | $1.40B | $985.7M | $1.23B | $875.5M | $621.8M | $397.1M | $329.9M | $186.0M | $164.7M | $23.6M |
Flujo de Caja (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Beneficio Neto | -$939.1M | -$558.2M | -$486.3M | -$2.22B | -$328.0M | -$639.8M | -$178.0M | -$59.3M | -$60.6M | $3.2M |
| Amortizaciones | $536.4M | $446.4M | $206.4M | $338.5M | $351.1M | $333.6M | $73.9M | $14.1M | $13.5M | $11.5M |
| Compensación en Acciones | $20.7M | $16.8M | $103.1M | $32.2M | $26.3M | $12.5M | $13.6M | $4.6M | $839000 | $16000 |
| Cambio en Capital Circulante | -$450.1M | $38.5M | -$94.4M | -$41.5M | -$32.9M | -$36.8M | -$14.4M | $3.5M | -$58.0M | -$56.3M |
| Flujo de Caja Operativo | -$832.5M | -$314.9M | -$325.8M | -$311.8M | -$77.9M | -$114.4M | -$10.1M | -$40.5M | -$67.9M | -$47.4M |
| Inversiones (CapEx) | -$23.7M | -$5.2M | -$8.6M | -$10.4M | -$152.6M | -$55.1M | -$55.5M | -$94.2M | -$10.1M | -$4.1M |
| Adquisiciones | -$69.2M | 0 | 0 | 0 | 0 | -$36.1M | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$6.6M | -$119.9M | -$9.7M | -$1.3M | 0 | -$822000 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$856.2M | -$320.0M | -$334.5M | -$322.2M | -$230.6M | -$169.5M | -$65.6M | -$134.6M | -$78.0M | -$51.5M |
Crecimiento y Márgenes (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Crecimiento Ingresos (anual) | -12.3% | +10.4% | -22.2% | -42.3% | -29.9% | -31.3% | -30.9% | -11.9% | -13.9% | |
| Crecimiento Beneficio Neto (anual) | +40.6% | +12.9% | -357.3% | +85.2% | -95.1% | +72.2% | +66.7% | -5.5% | +102.9% | |
| Crecimiento BPA (anual) | +86.6% | +20.8% | +100.0% | -108.3% | +72.1% | +67.3% | -13.6% | +102.7% | ||
| Cambio en Acciones (anual) | +341.0% | +10.1% | -100.0% | -4.2% | +1.4% | +1.7% | +0.9% | +0.7% | ||
| Crecimiento FCF (anual) | +62.6% | -4.5% | +3.7% | +28.4% | +26.5% | +61.3% | -105.1% | +42.1% | +34.0% | |
| Margen Bruto | 66.0% | 67.4% | 70.8% | 64.8% | 62.0% | 52.6% | 50.9% | 43.1% | 40.0% | 28.4% |
| Margen Operativo | -96.5% | -87.1% | -53.4% | -248.2% | -88.9% | -198.4% | -80.8% | -49.4% | -71.6% | -63.8% |
| Margen EBITDA | -36.0% | -43.2% | -34.9% | -41.9% | -17.6% | -113.6% | -9.0% | -32.1% | -30.9% | -54.7% |
| Margen Neto | -84.6% | -57.4% | -45.3% | -266.2% | -68.0% | -189.3% | -76.7% | -37.0% | -44.3% | 1.5% |
| Margen FCF | -77.1% | -32.9% | -31.1% | -38.6% | -47.8% | -50.2% | -28.3% | -84.0% | -55.2% | -42.4% |
| Tasa Impositiva Efectiva | 10.3% | 13.8% | 3.4% | 0.0% | -1.6% | 2.2% | 1.1% | 2.4% | -1.4% | 65.6% |
Datos por Acción (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| FCF por Acción | $-466.33 | $-39.53 | $-37.52 | $-26.30 | $-20.18 | $-7.71 | $-15.55 | $-8.93 | $-5.86 | |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Acciones en Circulación (Básicas) | $1.8M | $8.1M | $8.9M | 0 | $8.8M | $8.4M | $8.5M | $8.7M | $8.0M | $8.2M |
Qué mirar en empresas de Consumer Cyclical
- Margen operativo medio 5a (Media del ciclo) — Mira la media del ciclo, no el año actual (pico o valle).
- Rotación de inventario (≥4x/año) — El retail sano rota inventario rápido. Una caída señala demanda débil.
- ROIC medio 5a (≥12%) — Cíclicas con ROIC medio >12% son ganadoras estructurales.
- Deuda neta / EBITDA (pico) (<3x en valle) — En cíclicas la deuda mata en recesión.
- Current Ratio (>1,5x) — Aguanta 12-18 meses sin caja operativa.
- Altman Z-Score (>2,99 seguro) — Modelo de bancarrota — clave en cíclicas sensibles a recesión.
Rentabilidad
| Rentabilidad sobre capital | 0.35% |
| Rentabilidad sobre capital invertido | -4.89% |
| Rentabilidad sobre activos | 0.22% |
| Margen bruto | 28.58% |
| Margen operativo | -57.57% |
| Margen neto | 1.47% |
Salud financiera
| Deuda / Patrimonio | 0.00 |
| Ratio corriente | 1.07 |
Ratios Clave (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | -2.25 | -15.29 | -20.14 | 0.00 | -4.24 | -0.30 | -1.07 | -2.01 | -2.06 | 73.24 |
| P/VC | 0.60 | 2.96 | 2.42 | 0.00 | 0.92 | 0.24 | 0.30 | 0.20 | 0.25 | 0.25 |
| P/V | 1.90 | 8.77 | 9.12 | 0.00 | 2.77 | 0.55 | 0.82 | 0.74 | 0.91 | 1.03 |
| Margen Bruto | 66.0% | 67.4% | 70.8% | 64.8% | 62.0% | 52.6% | 50.9% | 43.1% | 40.0% | 28.4% |
| Margen Operativo | -96.5% | -87.1% | -53.4% | -248.2% | -88.9% | -198.4% | -80.8% | -49.4% | -71.6% | -63.8% |
| Margen Neto | -84.6% | -57.4% | -45.3% | -266.2% | -68.0% | -189.3% | -76.7% | -37.0% | -44.3% | 1.5% |
Empresas relacionadas: BGI · EVGO · FORD · JBDI · LGCB · MGIH · MI
Explorar sector: Consumer Cyclical · Specialty Retail
Más secciones de MOGU: Resumen · Valoración · Estadísticas · Estimaciones · Técnico · Propiedad · Noticias · Eventos
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