Mercedes-Benz Group Financial Performance from Time to Time-Daimler AG or Mercedes-Benz Group AG is a multinational company with miscellaneous brands of vehicles. Daimler AG was renamed as Mercedes-Benz Group AG with effect from 1 February 2022. Historically, this company was founded in 1926. Nowadays, this company has headquartered in Mercedesstraße, Stuttgart, Germany.
In 2021, This company has the main market in some countries. The countries that became the backbone of Mercedes-Benz cars are China with 38% of unit sales, the United States (13%), Germany (11%), the other European markets (23%), and South Korea (4%), and Japan (2%). Along with the development of this business’s company, this company has some vehicle brands. Based on the sales of the Mercedes vans, The most important markets for Mercedes-Benz Vans in 2021 were Germany with 25% of unit sales, the remaining EU30 markets (European Union, United Kingdom, Switzerland, Norway) with 38%, the United States with 13% and China with 10%. Some brand from this company is Mercedes-Benz Maybach, AMG, Mercedes-EQ, Mercedes me. Based on the workforce from this company, this company has employed 172 thousand people.
The Assets, Liabilities, and Equities of Mercedes-Benz Group
| Years | Assets | Liabilities | Equities |
|---|---|---|---|
| Million Euros | Million Euros | Million Euros | |
| 2000 | 199274 | 109661 | 89,613 |
| 2001 | 207410 | 115327 | 92,083 |
| 2002 | 187,327 | 100,297 | 87,030 |
| 2003 | 178,268 | 96,078 | 82,190 |
| 2004 | 182,696 | 98,241 | 84,455 |
| 2005 | 201,632 | 155,867 | 45,765 |
| 2006 | 190,022 | 165,183 | 24,839 |
| 2007 | 135,094 | 96,864 | 38,230 |
| 2008 | 132,219 | 99,495 | 32,724 |
| 2009 | 128,821 | 96,994 | 31,827 |
| 2010 | 135,830 | 97,877 | 37,953 |
| 2011 | 148,132 | 106,795 | 41,337 |
| 2012 | 162,978 | 117,468 | 45,510 |
| 2013 | 168,518 | 125,155 | 43,363 |
| 2014 | 189,635 | 145,051 | 44,584 |
| 2015 | 217,166 | 162,542 | 54,624 |
| 2016 | 242,988 | 183,855 | 59,133 |
| 2017 | 255,605 | 190,291 | 65,314 |
| 2018 | 281,619 | 215,566 | 66,053 |
| 2019 | 302,438 | 239,597 | 62,841 |
| 2020 | 285,737 | 223,489 | 62,248 |
| 2021 | 259,831 | 186,664 | 73,167 |
| Source : Mercedes-Benz Group Annual Report, 2001-2021 | |||
Financially, based on the financial positions of this company from 2000 to 2021, the assets can grow from time to time. In 2000, the assets were just 199 billion Euro, with liabilities around 109 billion Euro. Meanwhile, in 202, the assets grow to become 259 billion euros with liabilities becoming 73 billion euros.
Based on the financial ratio of Debt-to-Equity Ratio (DER) and Debt to assets ratio (DAR). The average value of the Debt-to-Equity ratio was 2.76 and the average value of Debt to Assets ratio was 0.71. This financial ratio showed the structure of finances between Assets, Liabilities, and Equities. The less value of these ratios, the stronger the financial structure of the company.
The Revenue and Net Income of Mercedes-Benz Group
| Years | Revenue | Net Income |
|---|---|---|
| Million Euros | Million Euros | |
| 2000 | 162,384 | 7,894 |
| 2001 | 152,873 | -662 |
| 2002 | 147,368 | 4,718 |
| 2003 | 136,437 | 448 |
| 2004 | 142,059 | 2,466 |
| 2005 | 149,776 | 2,846 |
| 2006 | 151,589 | 3,227 |
| 2007 | 99,399 | 3,985 |
| 2008 | 95,873 | 1,414 |
| 2009 | 78,924 | -2,644 |
| 2010 | 97,761 | 4,674 |
| 2011 | 106,540 | 6,029 |
| 2012 | 114,297 | 6,495 |
| 2013 | 117,982 | 8,720 |
| 2014 | 129,872 | 7,290 |
| 2015 | 149,467 | 8,711 |
| 2016 | 153,261 | 8,784 |
| 2017 | 164,330 | 10,864 |
| 2018 | 167,362 | 7,582 |
| 2019 | 172,745 | 2,709 |
| 2020 | 154,309 | 4,009 |
| 2021 | 133,893 | 23,396 |
| Source : Mercedes-Benz Group Annual Report, 2001-2021 | ||
Based on the financial performance from time to time, for 2 decades from 2000 until 2021, the revenue and net income are still in stable conditions. The revenue of the company is about 162 billion Euro, with a net income of 7.8 billion Euro. Meanwhile, in 2021, the revenue of this group is around 133 billion euros, and the net income is around 23 billion euros. From 2001 to 2021, the company suffered a net loss in 2001 and 2009, but the others can gain the income.
Based on the Financial ratio of Net Profit Margin (NPM), Return of Assets (ROA), and Return on Equity (ROE), the company has an average value of NPM of about 0.04, ROA of about 0.027, and ROE of around 0.1. The NPM is 0.04 which means net income comes from 4% of revenue. The ROA of the company is 0.027 means that its net income is 2.7% of its Assets. The ROE is 0.1 means that the Net income comes from 10% of Equity. These variables can show the efficiency of the company in doing its business. The greatest ratio can explain the more efficiency of the company in doing their business because they just need a few resources to get the net income/ profit.
Bibliography Article of Mercedes-Benz Group Financial Performance from Time to Time
Wikipedia. 2022. Mercedes-Benz Group. Accessed via https://en.wikipedia.org/wiki/Mercedes-Benz_Group on April 23rd, 2022.
Mercedes-Benz Group. 2022. Annual Report. Accessed via https://group.mercedes-benz.com/investors/reports-news/annual-reports/2021/ on April 23rd, 2022
