End-of-day quote
Taiwan S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
42.75
TWD
|
+0.59%
|
|
+1.79%
|
+3.14%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
161,181
|
145,215
|
157,069
|
145,383
|
147,005
|
151,616
|
-
|
-
|
Enterprise Value (EV)
1 |
233,898
|
183,973
|
187,402
|
171,976
|
244,955
|
183,188
|
179,241
|
177,959
|
P/E ratio
|
9.13
x
|
9.8
x
|
9.43
x
|
11.3
x
|
12.6
x
|
13.8
x
|
13.3
x
|
12.7
x
|
Yield
|
6.26%
|
8.22%
|
7.67%
|
5.61%
|
5.07%
|
4.84%
|
5.06%
|
4.97%
|
Capitalization / Revenue
|
1.8
x
|
1.86
x
|
1.75
x
|
1.61
x
|
1.83
x
|
1.88
x
|
1.85
x
|
1.97
x
|
EV / Revenue
|
2.62
x
|
2.35
x
|
2.09
x
|
1.9
x
|
3.05
x
|
2.27
x
|
2.19
x
|
2.32
x
|
EV / EBITDA
|
8.3
x
|
7.47
x
|
8.29
x
|
12.9
x
|
20.1
x
|
15.1
x
|
13.2
x
|
12.9
x
|
EV / FCF
|
6.98
x
|
13.8
x
|
35.1
x
|
13.6
x
|
76.8
x
|
89.1
x
|
284
x
|
-
|
FCF Yield
|
14.3%
|
7.24%
|
2.85%
|
7.35%
|
1.3%
|
1.12%
|
0.35%
|
-
|
Price to Book
|
1.1
x
|
0.98
x
|
1
x
|
0.9
x
|
0.81
x
|
0.85
x
|
0.84
x
|
0.73
x
|
Nbr of stocks (in thousands)
|
3,361,447
|
3,361,447
|
3,545,572
|
3,545,928
|
3,546,563
|
3,546,563
|
-
|
-
|
Reference price
2 |
47.95
|
43.20
|
44.30
|
41.00
|
41.45
|
42.75
|
42.75
|
42.75
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/31/22
|
3/16/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
89,348
|
78,241
|
89,655
|
90,341
|
80,183
|
80,752
|
81,992
|
76,772
|
EBITDA
1 |
28,183
|
24,618
|
22,616
|
13,341
|
12,216
|
12,167
|
13,567
|
13,755
|
EBIT
1 |
22,063
|
19,670
|
17,686
|
8,571
|
7,460
|
8,529
|
8,864
|
7,632
|
Operating Margin
|
24.69%
|
25.14%
|
19.73%
|
9.49%
|
9.3%
|
10.56%
|
10.81%
|
9.94%
|
Earnings before Tax (EBT)
1 |
28,393
|
24,144
|
21,934
|
15,197
|
13,936
|
14,808
|
14,570
|
-
|
Net income
1 |
17,460
|
14,710
|
15,068
|
12,016
|
10,883
|
11,484
|
11,318
|
-
|
Net margin
|
19.54%
|
18.8%
|
16.81%
|
13.3%
|
13.57%
|
14.22%
|
13.8%
|
-
|
EPS
2 |
5.250
|
4.410
|
4.700
|
3.630
|
3.280
|
3.107
|
3.217
|
3.353
|
Free Cash Flow
1 |
33,517
|
13,322
|
5,347
|
12,642
|
3,187
|
2,057
|
632
|
-
|
FCF margin
|
37.51%
|
17.03%
|
5.96%
|
13.99%
|
3.98%
|
2.55%
|
0.77%
|
-
|
FCF Conversion (EBITDA)
|
118.93%
|
54.11%
|
23.64%
|
94.77%
|
26.09%
|
16.91%
|
4.66%
|
-
|
FCF Conversion (Net income)
|
191.97%
|
90.56%
|
35.48%
|
105.21%
|
29.29%
|
17.91%
|
5.58%
|
-
|
Dividend per Share
2 |
3.000
|
3.550
|
3.400
|
2.300
|
2.100
|
2.067
|
2.165
|
2.126
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/31/22
|
3/16/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
21,849
|
27,844
|
19,681
|
24,488
|
21,925
|
24,247
|
19,209
|
21,136
|
19,894
|
19,944
|
17,723
|
20,692
|
20,572
|
22,174
|
18,460
|
EBITDA
1 |
4,724
|
6,418
|
3,671
|
4,248
|
3,178
|
2,243
|
2,649
|
3,838
|
3,057
|
2,672
|
3,008
|
3,388
|
3,334
|
4,477
|
-
|
EBIT
1 |
3,502
|
5,153
|
2,464
|
3,031
|
2,001
|
1,075
|
1,459
|
2,669
|
1,865
|
1,467
|
1,594
|
2,264
|
1,988
|
2,949
|
1,385
|
Operating Margin
|
16.03%
|
18.51%
|
12.52%
|
12.38%
|
9.13%
|
4.43%
|
7.6%
|
12.63%
|
9.37%
|
7.36%
|
9%
|
10.94%
|
9.67%
|
13.3%
|
7.5%
|
Earnings before Tax (EBT)
1 |
4,833
|
5,553
|
3,434
|
5,620
|
5,106
|
1,038
|
3,184
|
5,526
|
3,279
|
1,948
|
2,474
|
4,632
|
3,518
|
4,185
|
2,538
|
Net income
1 |
3,355
|
3,998
|
2,533
|
4,458
|
4,416
|
609.1
|
2,688
|
4,164
|
2,706
|
1,326
|
1,966
|
3,516
|
2,751
|
3,252
|
2,041
|
Net margin
|
15.36%
|
14.36%
|
12.87%
|
18.21%
|
20.14%
|
2.51%
|
13.99%
|
19.7%
|
13.6%
|
6.65%
|
11.09%
|
16.99%
|
13.37%
|
14.66%
|
11.06%
|
EPS
2 |
1.020
|
1.200
|
0.7600
|
1.340
|
1.330
|
0.1900
|
0.8100
|
1.260
|
0.8100
|
0.4000
|
0.5550
|
0.9900
|
0.7750
|
0.9150
|
0.5800
|
Dividend per Share
|
-
|
3.400
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.100
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/15/21
|
3/31/22
|
5/12/22
|
8/12/22
|
11/11/22
|
3/16/23
|
5/12/23
|
8/11/23
|
11/13/23
|
3/15/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
72,717
|
38,759
|
30,333
|
26,593
|
97,949
|
31,572
|
27,626
|
26,344
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.58
x
|
1.574
x
|
1.341
x
|
1.993
x
|
8.018
x
|
2.595
x
|
2.036
x
|
1.915
x
|
Free Cash Flow
1 |
33,517
|
13,322
|
5,347
|
12,642
|
3,187
|
2,057
|
632
|
-
|
ROE (net income / shareholders' equity)
|
12.3%
|
10%
|
9.89%
|
7.56%
|
6.6%
|
5.78%
|
5.82%
|
5.82%
|
ROA (Net income/ Total Assets)
|
6.06%
|
4.95%
|
4.91%
|
3.75%
|
3.29%
|
3.26%
|
3.17%
|
-
|
Assets
1 |
288,232
|
297,182
|
307,070
|
320,649
|
330,485
|
351,910
|
357,583
|
-
|
Book Value Per Share
2 |
43.50
|
44.00
|
44.30
|
45.40
|
51.00
|
50.60
|
50.70
|
58.40
|
Cash Flow per Share
2 |
11.20
|
5.880
|
2.590
|
4.620
|
2.190
|
3.030
|
3.630
|
3.890
|
Capex
1 |
3,717
|
6,294
|
3,204
|
2,655
|
4,115
|
3,752
|
4,671
|
3,500
|
Capex / Sales
|
4.16%
|
8.04%
|
3.57%
|
2.94%
|
5.13%
|
4.65%
|
5.7%
|
4.56%
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/31/22
|
3/16/23
|
3/15/24
|
-
|
-
|
-
|
Last Close Price
42.75
TWD Average target price
40.5
TWD Spread / Average Target -5.26% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.14% | 4.65B | | +19.81% | 48.58B | | -3.30% | 15.52B | | +4.43% | 15.46B | | -15.81% | 10.44B | | +26.55% | 8.84B | | +105.28% | 8.27B | | -0.30% | 7.96B | | -8.75% | 7.34B | | +23.60% | 6.73B |
Cement & Concrete Manufacturing
|