Financials Asia Tech Image Inc.

Equities

4974

TW0004974001

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
72.1 TWD +0.56% Intraday chart for Asia Tech Image Inc. +5.72% +8.26%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,755 4,350 3,850 4,024 4,133 4,829
Enterprise Value (EV) 1 1,017 2,346 1,598 1,895 1,591 2,243
P/E ratio 8.33 x 12.3 x 10.5 x 9.62 x 7.28 x 12 x
Yield 8.16% 5.5% 6.59% 7.75% 10.2% 6.31%
Capitalization / Revenue 0.75 x 1.14 x 0.97 x 0.96 x 0.96 x 1.36 x
EV / Revenue 0.28 x 0.62 x 0.4 x 0.45 x 0.37 x 0.63 x
EV / EBITDA 2.32 x 4.79 x 2.67 x 3.19 x 2.48 x 4.65 x
EV / FCF 32.6 x 5.02 x 3.33 x -1,786 x 4.34 x 5.86 x
FCF Yield 3.06% 19.9% 30% -0.06% 23% 17.1%
Price to Book 1.18 x 1.81 x 1.52 x 1.51 x 1.35 x 1.6 x
Nbr of stocks (in thousands) 72,500 72,500 72,500 72,500 72,500 72,500
Reference price 2 38.00 60.00 53.10 55.50 57.00 66.60
Announcement Date 4/3/19 3/31/20 3/19/21 3/22/22 3/2/23 3/1/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,675 3,808 3,989 4,191 4,293 3,539
EBITDA 1 437.6 489.8 597.6 593.4 641.9 482.5
EBIT 1 343.1 415.6 531.7 512.4 540.9 391.4
Operating Margin 9.34% 10.91% 13.33% 12.22% 12.6% 11.06%
Earnings before Tax (EBT) 1 423.4 446.1 464.9 517.8 745.8 502.9
Net income 1 337.5 357.8 374.2 425.5 578.7 408.9
Net margin 9.19% 9.4% 9.38% 10.15% 13.48% 11.55%
EPS 2 4.560 4.860 5.070 5.770 7.830 5.560
Free Cash Flow 1 31.15 467.6 480.1 -1.062 366.5 382.6
FCF margin 0.85% 12.28% 12.03% -0.03% 8.54% 10.81%
FCF Conversion (EBITDA) 7.12% 95.47% 80.34% - 57.1% 79.3%
FCF Conversion (Net income) 9.23% 130.68% 128.28% - 63.33% 93.59%
Dividend per Share 2 3.100 3.300 3.500 4.300 5.800 4.200
Announcement Date 4/3/19 3/31/20 3/19/21 3/22/22 3/2/23 3/1/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,738 2,004 2,252 2,128 2,541 2,585
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 31.2 468 480 -1.06 366 383
ROE (net income / shareholders' equity) 14.8% 15.1% 15.2% 16.4% 20.2% 13.5%
ROA (Net income/ Total Assets) 6.76% 8.09% 9.66% 8.58% 8.53% 6.11%
Assets 1 4,990 4,426 3,872 4,956 6,786 6,693
Book Value Per Share 2 32.30 33.20 34.80 36.80 42.10 41.50
Cash Flow per Share 2 24.00 27.80 31.40 29.70 35.20 36.10
Capex 1 61.9 75.6 87.3 222 17.5 21.8
Capex / Sales 1.68% 1.99% 2.19% 5.29% 0.41% 0.61%
Announcement Date 4/3/19 3/31/20 3/19/21 3/22/22 3/2/23 3/1/24
1TWD in Million2TWD
Estimates
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