Financials Shiny Brands Group Co., Ltd.

Equities

6703

TW0006703002

Personal Products

End-of-day quote Taipei Exchange 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
292.5 TWD +1.21% Intraday chart for Shiny Brands Group Co., Ltd. +0.34% +2.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,716 1,340 2,423 1,772 2,329 7,938
Enterprise Value (EV) 1 1,223 915.9 1,653 950.1 1,490 7,326
P/E ratio 10.6 x 14.6 x 17.9 x 12.6 x 12.8 x 19.7 x
Yield 7.37% 10.6% 6.22% 8.45% 5.68% 4.36%
Capitalization / Revenue 1.74 x 1.3 x 1.82 x 1.31 x 1.36 x 2.67 x
EV / Revenue 1.24 x 0.89 x 1.24 x 0.7 x 0.87 x 2.46 x
EV / EBITDA 6.59 x 6.57 x 10.2 x 5 x 6.64 x 14.5 x
EV / FCF 27.5 x 9.72 x 11.9 x 7.64 x 8.59 x 47.5 x
FCF Yield 3.64% 10.3% 8.37% 13.1% 11.6% 2.11%
Price to Book 3.02 x 2.5 x 2.78 x 1.87 x 2.35 x 6.05 x
Nbr of stocks (in thousands) 22,903 22,903 26,763 26,763 27,257 27,802
Reference price 2 74.92 58.52 90.54 66.22 85.44 285.5
Announcement Date 4/29/19 4/14/20 3/29/21 3/28/22 3/31/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 984.8 1,031 1,329 1,356 1,708 2,974
EBITDA 1 185.7 139.4 162.2 190 224.4 505.3
EBIT 1 182.8 135.6 158.3 187.5 222.1 500.6
Operating Margin 18.57% 13.15% 11.91% 13.83% 13% 16.83%
Earnings before Tax (EBT) 1 190.5 135.1 151.9 179.6 229.6 504.6
Net income 1 152.5 107.4 121.2 142.2 181.9 403.5
Net margin 15.48% 10.41% 9.12% 10.49% 10.65% 13.57%
EPS 2 7.064 4.010 5.059 5.238 6.649 14.48
Free Cash Flow 1 44.51 94.22 138.3 124.3 173.6 154.2
FCF margin 4.52% 9.14% 10.41% 9.17% 10.16% 5.19%
FCF Conversion (EBITDA) 23.97% 67.58% 85.29% 65.43% 77.33% 30.52%
FCF Conversion (Net income) 29.19% 87.74% 114.11% 87.42% 95.41% 38.22%
Dividend per Share 2 5.519 6.218 5.635 5.598 4.850 12.46
Announcement Date 4/29/19 4/14/20 3/29/21 3/28/22 3/31/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 493 424 770 822 839 612
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 44.5 94.2 138 124 174 154
ROE (net income / shareholders' equity) 36% 18.6% 17.1% 15.5% 18.7% 34.2%
ROA (Net income/ Total Assets) 19.2% 11.4% 11.2% 10.7% 11.6% 17.6%
Assets 1 793.6 944.1 1,079 1,327 1,573 2,287
Book Value Per Share 2 24.80 23.40 32.60 35.40 36.30 47.20
Cash Flow per Share 2 21.50 19.20 29.10 30.70 22.70 24.50
Capex 1 10.9 2.97 0.49 0.21 3.61 75.5
Capex / Sales 1.1% 0.29% 0.04% 0.02% 0.21% 2.54%
Announcement Date 4/29/19 4/14/20 3/29/21 3/28/22 3/31/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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