Financials Aopen Inc.

Equities

3046

TW0003046009

Computer Hardware

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
60.1 TWD -0.17% Intraday chart for Aopen Inc. +1.01% -5.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,343 1,175 1,107 3,240 3,379 5,005
Enterprise Value (EV) 1 1,041 1,143 1,017 2,793 2,783 3,838
P/E ratio -98.9 x -7 x -16.7 x 24.9 x 15.7 x 20.3 x
Yield 1.6% - - - 3.17% -
Capitalization / Revenue 0.79 x 0.68 x 0.63 x 1.26 x 1.01 x 0.88 x
EV / Revenue 0.61 x 0.66 x 0.58 x 1.09 x 0.84 x 0.68 x
EV / EBITDA -489 x -18.5 x -19.8 x 32.7 x 36.9 x 21.9 x
EV / FCF -35.6 x -13.4 x 16.5 x 9.59 x 84.4 x 32.3 x
FCF Yield -2.81% -7.46% 6.06% 10.4% 1.18% 3.1%
Price to Book 1.75 x 2.04 x 1.89 x 5.05 x 3.98 x 3.55 x
Nbr of stocks (in thousands) 71,448 71,448 71,448 71,448 71,448 78,448
Reference price 2 18.80 16.45 15.50 45.35 47.30 63.80
Announcement Date 3/29/19 3/18/20 3/17/21 3/16/22 3/16/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,704 1,725 1,756 2,573 3,330 5,667
EBITDA 1 -2.128 -61.86 -51.27 85.33 75.34 175.3
EBIT 1 -11.3 -74.56 -64.9 75.45 71.91 165.1
Operating Margin -0.66% -4.32% -3.7% 2.93% 2.16% 2.91%
Earnings before Tax (EBT) 1 9.224 -161 -64.96 146 220 211.8
Net income 1 -13.45 -167.6 -66.48 130.2 216.6 232.2
Net margin -0.79% -9.72% -3.79% 5.06% 6.5% 4.1%
EPS 2 -0.1900 -2.350 -0.9304 1.820 3.020 3.140
Free Cash Flow 1 -29.29 -85.21 61.67 291.1 32.96 118.9
FCF margin -1.72% -4.94% 3.51% 11.31% 0.99% 2.1%
FCF Conversion (EBITDA) - - - 341.16% 43.75% 67.81%
FCF Conversion (Net income) - - - 223.57% 15.22% 51.19%
Dividend per Share 2 0.3000 - - - 1.500 -
Announcement Date 3/29/19 3/18/20 3/17/21 3/16/22 3/16/23 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 1 302 32.4 90 447 597 1,167
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -29.3 -85.2 61.7 291 33 119
ROE (net income / shareholders' equity) -1.39% -24.1% -11% 21.8% 28.7% 20.4%
ROA (Net income/ Total Assets) -0.47% -3.27% -2.7% 2.86% 2.57% 4.53%
Assets 1 2,845 5,126 2,461 4,549 8,422 5,130
Book Value Per Share 2 10.70 8.050 8.190 8.990 11.90 18.00
Cash Flow per Share 2 5.290 4.830 6.120 8.740 8.460 14.90
Capex 1 20.3 14.2 6.61 2.55 3.33 2.58
Capex / Sales 1.19% 0.82% 0.38% 0.1% 0.1% 0.05%
Announcement Date 3/29/19 3/18/20 3/17/21 3/16/22 3/16/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA