Cash flow Altek Corporation

Equities

3059

TW0003059002

Household Electronics

End-of-day quote Taiwan S.E. Other stock markets 2024-09-19			5-day change	1st Jan Change
35.10 ^TWD	-0.28%		-0.71%	-6.02%

Sep. 02	Altek Corporation Announces Cash Dividend, Payable on October 18, 2024	CI
Aug. 09	Altek Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

e282cbcccbfaf91bb40f746cffab.Gx1Ksc6zHKudmHaJZKG7i1mY5zIVtblxcRLJXzbpYZk.dHotxJGCTP3n_EXKVZeC0zLCv2h7hsFFHkuuBni4La9pQgaJntox-qTfLw

Published financial data: ALTEK CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	6.19B	6.1B	9.09B	14.03B	9.1B
Total Revenues	6.19B	6.1B	9.09B	14.03B	9.1B
Cost of Goods Sold, Total	5.17B	4.58B	6.93B	11.13B	6.64B
Gross Profit	1.01B	1.52B	2.16B	2.9B	2.46B
Selling General & Admin Expenses, Total	393M	379M	529M	721M	694M
Provision for Bad Debts	-9.77M	-731K	-96K	287K	1.02M
R&D Expenses	788M	1.06B	1.4B	1.73B	1.41B
Other Operating Expenses, Total	1.17B	1.44B	1.93B	2.45B	2.1B
Operating Income	-157M	85.47M	232M	443M	358M
Interest Expense, Total	-25.7M	-25.2M	-25.85M	-42.19M	-64.12M
Interest And Investment Income	145M	105M	73.32M	83.3M	200M
Net Interest Expenses	119M	79.71M	47.47M	41.12M	136M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	5.74M	21.72M	14.23M	119M	-45K
Other Non Operating Income (Expenses)	44.02M	45.98M	64.54M	60.71M	99.73M
EBT, Excl. Unusual Items	12.14M	233M	359M	664M	593M
Gain (Loss) On Sale Of Investments	17.36M	8.54M	38.69M	4.42M	10.03M
Gain (Loss) On Sale Of Assets	1.92M	17K	-26K	660K	290K
Other Unusual Items	-	-	-	-	54K
EBT, Incl. Unusual Items	31.42M	241M	397M	669M	604M
Income Tax Expense	35.28M	79.93M	117M	181M	194M
Earnings From Continuing Operations	-3.85M	162M	280M	488M	410M
Net Income to Company	-3.85M	162M	280M	488M	410M
Minority Interest	88.16M	-1.15M	-55.53M	-31.3M	-58.91M
Net Income - (IS)	84.31M	160M	225M	457M	351M
Net Income to Common Incl Extra Items	84.31M	160M	225M	457M	351M
Net Income to Common Excl. Extra Items	84.31M	160M	225M	457M	351M
Per Share Items
Net EPS - Basic	0.31	0.6	0.85	1.67	1.27
Basic EPS - Continuing Operations	0.31	0.6	0.85	1.67	1.27
Basic Weighted Average Shares Outstanding	274M	266M	266M	273M	277M
Net EPS - Diluted	0.31	0.59	0.83	1.65	1.26
Diluted EPS - Continuing Operations	0.31	0.59	0.83	1.65	1.26
Diluted Weighted Average Shares Outstanding	275M	270M	271M	277M	279M
Normalized Basic EPS	0.35	0.54	0.63	1.4	1.13
Normalized Diluted EPS	0.35	0.53	0.62	1.38	1.12
Dividend Per Share	0.5	0.5	0.69	1	0.7
Payout Ratio	162.51	87.18	59.74	41.69	78.84
Supplemental Items
EBITDA	61.35M	347M	543M	826M	792M
EBITA	-127M	174M	363M	633M	625M
EBIT	-157M	85.47M	232M	443M	358M
EBITDAR	69.94M	355M	548M	832M	797M
Effective Tax Rate - (Ratio)	112.26	33.11	29.47	27.06	32.1
Total Current Taxes	31.36M	70.91M	120M	174M	218M
Total Deferred Taxes	3.92M	9.02M	-2.86M	7.14M	-24.02M
Normalized Net Income	95.75M	144M	169M	384M	312M
Interest on Long-Term Debt	1.17M	1.14M	1.11M	1.12M	2.22M
Non-Cash Pension Expense	75K	63K	31K	41K	64K
Supplemental Operating Expense Items
Selling and Marketing Expenses	57.33M	50.79M	51.81M	91.64M	131M
General and Administrative Expenses	336M	328M	477M	629M	562M
Research And Development Expense From Footnotes	788M	1.06B	1.4B	1.73B	1.41B
Net Rental Expense, Total	8.59M	7.98M	5.49M	6.01M	5.55M
Imputed Operating Lease Interest Expense	722K	583K	365K	629K	877K
Imputed Operating Lease Depreciation	7.87M	7.4M	5.12M	5.38M	4.67M
Stock-Based Comp., Other (Total)	10.27M	72.99M	97.29M	59.41M	7.03M
Total Stock-Based Compensation	10.27M	72.99M	97.29M	59.41M	7.03M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	6.67B	5.37B	5.37B	5.36B	5.8B
Short Term Investments	372M	423M	130M	353M	390M
Trading Asset Securities, Total	-	350M	-	-	-
Total Cash And Short Term Investments	7.04B	6.15B	5.5B	5.71B	6.19B
Accounts Receivable, Total	918M	1.28B	1.45B	2.2B	1.77B
Other Receivables	47.58M	72.12M	114M	70.92M	70.18M
Total Receivables	966M	1.35B	1.57B	2.27B	1.84B
Inventory	1.04B	1.11B	2.69B	2.42B	1.76B
Prepaid Expenses	194M	218M	180M	390M	342M
Other Current Assets, Total	5.87M	4.54M	4.86M	5.95M	4.07M
Total Current Assets	9.24B	8.83B	9.94B	10.8B	10.14B
Gross Property Plant And Equipment	5.32B	4.56B	4.85B	5.03B	4.97B
Accumulated Depreciation	-2.05B	-2.01B	-2.07B	-2.24B	-2.21B
Net Property Plant And Equipment	3.27B	2.54B	2.79B	2.79B	2.76B
Long-term Investments	456M	1.51B	1.48B	776M	1.25B
Other Intangibles, Total	154M	215M	492M	314M	165M
Deferred Tax Assets Long-Term	162M	182M	229M	161M	173M
Other Long-Term Assets, Total	804M	1.44B	1.41B	1.4B	1.36B
Total Assets	14.09B	14.72B	16.34B	16.24B	15.84B
Liabilities
Accounts Payable, Total	1.01B	1.3B	1.97B	1.64B	1.24B
Accrued Expenses, Total	-	-	-	641M	739M
Short-term Borrowings	2.43B	2.63B	3.11B	2.61B	2.23B
Current Portion of Long-Term Debt	-	250M	-	500M	-
Current Portion of Leases	7.27M	9.34M	13.92M	15.39M	18.52M
Current Income Taxes Payable	39.76M	36.76M	79.96M	65.27M	151M
Unearned Revenue Current, Total	34.1M	32.57M	262M	439M	351M
Other Current Liabilities	631M	682M	746M	363M	338M
Total Current Liabilities	4.16B	4.94B	6.18B	6.27B	5.07B
Long-Term Debt	-	-	-	-	900M
Long-Term Leases	95.53M	95.18M	105M	95.98M	114M
Pension & Other Post Retirement Benefits	-	-	-	4.92M	3.3M
Deferred Tax Liability Non Current	450M	465M	483M	494M	463M
Other Non Current Liabilities	166M	197M	178M	173M	167M
Total Liabilities	4.87B	5.69B	6.95B	7.04B	6.72B
Common Stock, Total	2.75B	2.79B	2.79B	2.79B	2.79B
Additional Paid In Capital	2.28B	2.34B	2.39B	2.05B	2.05B
Retained Earnings	4.22B	4.24B	4.34B	4.58B	4.59B
Treasury Stock	-	-209M	-131M	-38.1M	-38.1M
Comprehensive Income and Other	-615M	-698M	-787M	-516M	-624M
Total Common Equity	8.64B	8.47B	8.6B	8.86B	8.76B
Minority Interest	573M	556M	791M	334M	366M
Total Equity	9.22B	9.02B	9.39B	9.2B	9.12B
Total Liabilities And Equity	14.09B	14.72B	16.34B	16.24B	15.84B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	275M	268M	272M	277M	277M
ECS Total Common Shares Outstanding	275M	268M	272M	277M	277M
Book Value / Share	31.39	31.54	31.62	32.03	31.65
Tangible Book Value	8.49B	8.25B	8.11B	8.55B	8.59B
Tangible Book Value Per Share	30.83	30.74	29.82	30.9	31.05
Total Debt	2.53B	2.98B	3.23B	3.22B	3.27B
Net Debt	-4.51B	-3.16B	-2.27B	-2.49B	-2.92B
Debt Equivalent of Unfunded Proj. Benefit Obligation	9.07M	10.27M	6.86M	4.92M	3.3M
Debt Equivalent Oper. Leases	68.71M	63.86M	43.91M	48.1M	44.38M
Minority Interest, Total (Incl. Fin. Div)	573M	556M	791M	334M	366M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	627M	772M	2.04B	1.67B	1.2B
Inventories - Work In Process, Total	181M	165M	314M	307M	302M
Inventories - Finished Goods, Total	285M	209M	388M	506M	341M
Land - (BS)	469M	469M	469M	469M	476M
Buildings, Total	3.24B	2.48B	2.72B	2.77B	2.75B
Machinery, Total	1.06B	1.08B	1.11B	1.24B	1.26B
Accumulated Allowance for Doubtful Accounts (Supple)	5.28M	265K	170K	454K	1.47M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	84.31M	160M	225M	457M	351M
Depreciation & Amortization - CF	197M	183M	193M	208M	188M
Amortization of Goodwill and Intangible Assets - (CF)	29.35M	88.97M	131M	190M	267M
Depreciation & Amortization, Total	226M	272M	324M	398M	455M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-1.92M	-17K	26K	-660K	-290K
(Gain) Loss on Sale of Investments - (CF)	-17.36M	-8.54M	-38.69M	-4.42M	-10.03M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	10.27M	72.99M	97.29M	59.41M	7.03M
Provision and Write-off of Bad Debts	-9.77M	-731K	-96K	287K	1.02M
Other Operating Activities, Total	-139M	-13.93M	81.3M	61.1M	122M
Change in Trading Asset Securities	237K	-	-	-	-
Change In Accounts Receivable	1.51B	-357M	-174M	-747M	455M
Change In Inventories	-78.12M	-51.77M	-1.58B	311M	629M
Change In Accounts Payable	-829M	266M	681M	-370M	-377M
Change in Unearned Revenues	34.23M	-1.57M	209M	108M	-87.86M
Change in Other Net Operating Assets	244M	-52.58M	-32.27M	144M	14.58M
Cash from Operations	1.03B	284M	-211M	416M	1.56B
Capital Expenditure	-17.95M	-61.23M	-392M	-135M	-104M
Sale of Property, Plant, and Equipment	4.08M	311K	432K	737K	290K
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-85.61M	-55.85M	-306M	-29.5M	-44.83M
Investment in Marketable and Equity Securities, Total	-479M	-1.41B	672M	491M	-557M
Other Investing Activities, Total	-2.35M	5.71M	1.29M	138K	-2.68M
Cash from Investing	-581M	-1.52B	-24.51M	328M	-709M
Short Term Debt Issued, Total	1.15B	1.29B	19.41B	20.79B	14.2B
Long-Term Debt Issued, Total	-	250M	-	500M	900M
Total Debt Issued	1.15B	1.54B	19.41B	21.29B	15.1B
Short Term Debt Repaid, Total	-480M	-1.09B	-18.93B	-21.29B	-14.58B
Long-Term Debt Repaid, Total	-608M	-9.62M	-264M	-15.96M	-519M
Total Debt Repaid	-1.09B	-1.1B	-19.19B	-21.31B	-15.1B
Issuance of Common Stock	-	-	77.6M	93.02M	-
Repurchase of Common Stock	-	-209M	-	-	-
Common Dividends Paid	-137M	-140M	-134M	-190M	-277M
Common & Preferred Stock Dividends Paid	-137M	-140M	-134M	-190M	-277M
Other Financing Activities, Total	424K	5.82M	171M	-932M	-103M
Cash from Financing	-75.34M	95.86M	327M	-1.05B	-377M
Foreign Exchange Rate Adjustments	-203M	-150M	-96.34M	293M	-33.62M
Net Change in Cash	171M	-1.29B	-4.75M	-9.18M	439M
Supplemental Items
Cash Interest Paid	24.26M	22.98M	21.58M	36.42M	58.92M
Cash Income Tax Paid (Refund)	54.69M	71.8M	76.86M	209M	110M
Levered Free Cash Flow	803M	119M	-897M	-21.52M	1.31B
Unlevered Free Cash Flow	819M	135M	-880M	4.85M	1.35B
Change In Net Working Capital	-784M	146M	749M	565M	-815M
Net Debt Issued / Repaid	61.24M	439M	213M	-16.72M	2.5M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-0.65	0.37	0.94	1.7	1.39
Return on Total Capital	-0.82	0.45	1.18	2.21	1.8
Return On Equity %	-0.04	1.77	3.04	5.25	4.47
Return on Common Equity	0.96	1.87	2.63	5.23	3.98
Margin Analysis
Gross Profit Margin %	16.39	24.94	23.76	20.66	27.04
SG&A Margin	6.35	6.21	5.82	5.14	7.62
EBITDA Margin %	0.99	5.69	5.97	5.89	8.7
EBITA Margin %	-2.06	2.86	4	4.51	6.87
EBIT Margin %	-2.53	1.4	2.56	3.16	3.93
Income From Continuing Operations Margin %	-0.06	2.65	3.08	3.48	4.5
Net Income Margin %	1.36	2.63	2.47	3.26	3.86
Net Avail. For Common Margin %	1.36	2.63	2.47	3.26	3.86
Normalized Net Income Margin	1.55	2.37	1.86	2.74	3.43
Levered Free Cash Flow Margin	12.98	1.95	-9.87	-0.15	14.42
Unlevered Free Cash Flow Margin	13.24	2.21	-9.69	0.03	14.86
Asset Turnover
Asset Turnover	0.41	0.42	0.59	0.86	0.57
Fixed Assets Turnover	1.86	2.1	3.41	5.03	3.28
Receivables Turnover (Average Receivables)	2.62	5.56	6.66	7.68	4.58
Inventory Turnover (Average Inventory)