Financials ANJI Technology Co., Ltd.

Equities

6477

TW0006477003

Renewable Energy Equipment & Services

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
37.55 TWD -0.92% Intraday chart for ANJI Technology Co., Ltd. -0.13% -1.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,899 2,258 7,499 5,670 5,503 4,726
Enterprise Value (EV) 1 3,477 4,139 9,309 8,178 8,526 7,839
P/E ratio 8.34 x 10.9 x 27.5 x 42.6 x 24 x 32.3 x
Yield 3.98% 4.18% 1.62% 1.06% 1.76% 2.09%
Capitalization / Revenue 1.06 x 1.44 x 3.6 x 3.67 x 1.68 x 3.15 x
EV / Revenue 1.94 x 2.64 x 4.46 x 5.3 x 2.61 x 5.22 x
EV / EBITDA 9.63 x 13.1 x 24.2 x 30.6 x 18.6 x 17.5 x
EV / FCF -16.8 x -19.8 x -218 x -11.1 x -11.3 x 34.9 x
FCF Yield -5.95% -5.05% -0.46% -8.98% -8.84% 2.87%
Price to Book 1.08 x 1.2 x 3.13 x 2.05 x 1.67 x 1.39 x
Nbr of stocks (in thousands) 96,343 96,343 109,108 116,826 123,635 123,727
Reference price 2 19.71 23.43 68.73 48.53 44.51 38.20
Announcement Date 2/26/19 3/10/20 3/11/21 3/14/22 3/13/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,795 1,566 2,085 1,543 3,269 1,502
EBITDA 1 361.2 316.9 384.9 267.5 459.1 449
EBIT 1 311.2 271.2 330 181.4 361.2 316.1
Operating Margin 17.33% 17.32% 15.83% 11.76% 11.05% 21.05%
Earnings before Tax (EBT) 1 260 235.6 305.9 144.3 286.6 150.7
Net income 1 226 208.7 263.4 132.1 228.9 149.5
Net margin 12.59% 13.33% 12.63% 8.56% 7% 9.96%
EPS 2 2.363 2.157 2.502 1.138 1.855 1.182
Free Cash Flow 1 -207 -209.1 -42.65 -734.2 -753.8 224.8
FCF margin -11.53% -13.35% -2.05% -47.58% -23.06% 14.97%
FCF Conversion (EBITDA) - - - - - 50.07%
FCF Conversion (Net income) - - - - - 150.37%
Dividend per Share 2 0.7843 0.9804 1.116 0.5134 0.7834 0.8000
Announcement Date 2/26/19 3/10/20 3/11/21 3/14/22 3/13/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,579 1,882 1,810 2,508 3,023 3,112
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.371 x 5.938 x 4.703 x 9.377 x 6.585 x 6.932 x
Free Cash Flow 1 -207 -209 -42.7 -734 -754 225
ROE (net income / shareholders' equity) 14.4% 11.4% 12.3% 5.12% 7.52% 3.94%
ROA (Net income/ Total Assets) 4.73% 3.96% 4.22% 1.91% 3.05% 2.45%
Assets 1 4,781 5,266 6,249 6,918 7,507 6,095
Book Value Per Share 2 18.30 19.60 22.00 23.60 26.60 27.40
Cash Flow per Share 2 2.880 3.960 5.180 5.460 9.310 4.100
Capex 1 194 110 410 623 863 723
Capex / Sales 10.78% 7.01% 19.68% 40.38% 26.4% 48.11%
Announcement Date 2/26/19 3/10/20 3/11/21 3/14/22 3/13/23 3/15/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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