Financials Asia Plastic Recycling Holding Limited

Equities

1337

KYG0539R1039

Non-Paper Containers & Packaging

End-of-day quote Taiwan S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.62 TWD -2.56% Intraday chart for Asia Plastic Recycling Holding Limited +5.69% +0.93%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,754 1,649 2,480 1,963 1,888 2,031
Enterprise Value (EV) 1 -1,158 -810.3 216.2 -855.8 -629.8 895.2
P/E ratio -0.93 x -2.56 x -1.89 x -4.26 x -3.96 x -4.93 x
Yield - - - - - -
Capitalization / Revenue 1.2 x 1.31 x 2.46 x 1.77 x 2.93 x 2.63 x
EV / Revenue -0.79 x -0.64 x 0.21 x -0.77 x -0.98 x 1.16 x
EV / EBITDA 1.28 x 2.09 x -0.27 x 2.48 x 1.97 x -3.31 x
EV / FCF -13.6 x 6.26 x -0.51 x 55.9 x 3.2 x -0.75 x
FCF Yield -7.37% 16% -195% 1.79% 31.2% -133%
Price to Book 0.22 x 0.24 x 0.43 x 0.37 x 0.39 x 0.46 x
Nbr of stocks (in thousands) 268,955 268,955 268,955 268,955 268,955 268,955
Reference price 2 6.520 6.130 9.220 7.300 7.020 7.550
Announcement Date 3/27/19 3/18/20 3/24/21 3/24/22 3/15/23 3/6/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,465 1,258 1,008 1,107 643.6 772
EBITDA 1 -902.6 -387.2 -802.1 -344.9 -319.8 -270.6
EBIT 1 -1,235 -663 -1,062 -529.6 -467.6 -391.1
Operating Margin -84.31% -52.68% -105.34% -47.84% -72.65% -50.66%
Earnings before Tax (EBT) 1 -1,879 -642 -1,313 -460.9 -476.9 -411.5
Net income 1 -1,888 -642 -1,313 -460.9 -476.9 -411.5
Net margin -128.92% -51.02% -130.22% -41.63% -74.1% -53.3%
EPS 2 -7.024 -2.390 -4.881 -1.714 -1.773 -1.530
Free Cash Flow 1 85.38 -129.5 -420.6 -15.3 -196.7 -1,195
FCF margin 5.83% -10.29% -41.72% -1.38% -30.56% -154.74%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/27/19 3/18/20 3/24/21 3/24/22 3/15/23 3/6/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,912 2,459 2,264 2,819 2,518 1,135
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 85.4 -129 -421 -15.3 -197 -1,195
ROE (net income / shareholders' equity) -21.2% -8.64% -20.5% -8.31% -9.36% -8.86%
ROA (Net income/ Total Assets) -8.02% -5.17% -9.4% -5.5% -5.53% -5.07%
Assets 1 23,560 12,413 13,963 8,383 8,629 8,121
Book Value Per Share 2 29.20 26.00 21.50 19.70 18.20 16.40
Cash Flow per Share 2 6.470 4.940 4.820 5.630 4.440 4.220
Capex 1 95.8 25.6 18.1 42.1 17.9 1,054
Capex / Sales 6.54% 2.04% 1.79% 3.81% 2.78% 136.5%
Announcement Date 3/27/19 3/18/20 3/24/21 3/24/22 3/15/23 3/6/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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