Financials Brighten Optix Corporation

Equities

6747

TW0006747009

Medical Equipment, Supplies & Distribution

End-of-day quote Taipei Exchange 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
173.5 TWD -0.57% Intraday chart for Brighten Optix Corporation -1.98% -8.44%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 720.6 1,669 1,018 1,060 944.4 -
Enterprise Value (EV) 1 720.6 1,669 1,018 1,060 944.4 944.4
P/E ratio - - - - - -
Yield 3.78% 2.78% 4.87% - 6.32% 7.06%
Capitalization / Revenue 5.82 x 11.7 x 6.07 x 6.23 x 4.56 x 4.03 x
EV / Revenue 5.82 x 11.7 x 6.07 x 6.23 x 4.56 x 4.03 x
EV / EBITDA - 22 x 15.6 x 17.9 x 10.8 x 9.92 x
EV / FCF - 56,092,243 x 22,194,618 x - - -
FCF Yield - 0% 0% - - -
Price to Book 4.31 x - 3.65 x - - -
Nbr of stocks (in thousands) 22,000 24,189 24,189 24,189 24,189 -
Reference price 2 32.76 68.98 42.08 43.84 39.04 39.04
Announcement Date 3/25/21 3/25/22 3/31/23 3/15/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 123.8 143 167.6 170.3 207.2 234.4
EBITDA 1 - 75.9 65.12 59.2 87.38 95.24
EBIT 1 34.42 49.83 55.88 47.4 68.86 77.78
Operating Margin 27.8% 34.84% 33.35% 27.83% 33.23% 33.19%
Earnings before Tax (EBT) - - - - - -
Net income - - - - - -
Net margin - - - - - -
EPS - - - - - -
Free Cash Flow - 29.75 45.86 - - -
FCF margin - 20.8% 27.36% - - -
FCF Conversion (EBITDA) - 39.2% 70.42% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 1.239 1.918 2.048 - 2.468 2.757
Announcement Date 3/25/21 3/25/22 3/31/23 3/15/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3
Net sales 1 - 49.62 35.42 44.16 35.64 52.82 36.38 42.5 46.31 61.18
EBITDA - - - - - - - - - -
EBIT 1 - 20.16 6.678 14.5 6.216 19.85 6.417 8.624 8.216 -
Operating Margin - 40.63% 18.85% 32.83% 17.44% 37.57% 17.64% 20.29% 17.74% -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 14.48 - - - - - - - - -
Net margin - - - - - - - - - -
EPS 0.5982 - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 8/11/22 11/11/22 3/31/23 5/15/23 8/9/23 11/10/23 3/15/24 5/14/24 - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 29.7 45.9 - - -
ROE (net income / shareholders' equity) - - 21.1% - 22.5% 23.4%
ROA (Net income/ Total Assets) - - 18.2% - - -
Assets - - - - - -
Book Value Per Share 7.610 - 11.50 - - -
Cash Flow per Share - - - - - -
Capex - 15.5 16.5 - - -
Capex / Sales - 10.82% 9.87% - - -
Announcement Date 3/25/21 3/25/22 3/31/23 3/15/24 - -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
39.04 CNY
Average target price
51.43 CNY
Spread / Average Target
+31.71%
Consensus

Quarterly revenue - Rate of surprise

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