Financials C Sun Mfg Ltd.

Equities

2467

TW0002467008

Semiconductor Equipment & Testing

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
126 TWD -0.40% Intraday chart for C Sun Mfg Ltd. -0.40% +103.23%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,902 3,984 5,453 7,892 6,740 9,719
Enterprise Value (EV) 1 4,313 4,601 5,022 7,989 6,586 9,777
P/E ratio 7.09 x 12.8 x 12.4 x 12 x 9.39 x 19.9 x
Yield 9.56% 9.36% 6.87% 5.79% 8.37% 4.84%
Capitalization / Revenue 0.68 x 0.9 x 1.33 x 1.38 x 1.26 x 2.68 x
EV / Revenue 0.76 x 1.04 x 1.23 x 1.4 x 1.23 x 2.7 x
EV / EBITDA 5.81 x 12.1 x 8.4 x 9.93 x 8.29 x 21.1 x
EV / FCF 13.5 x 22.1 x 3.66 x 333 x 15.7 x 16.1 x
FCF Yield 7.41% 4.53% 27.3% 0.3% 6.39% 6.19%
Price to Book 1.5 x 1.59 x 2.17 x 2.79 x 2.11 x 3 x
Nbr of stocks (in thousands) 156,771 156,770 156,770 156,019 156,755 156,755
Reference price 2 24.89 25.41 34.79 50.58 43.00 62.00
Announcement Date 3/28/19 3/31/20 3/5/21 5/18/22 3/1/23 3/6/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,700 4,438 4,086 5,723 5,367 3,626
EBITDA 1 741.9 380.2 597.7 804.5 794.5 463.2
EBIT 1 679.4 314.1 530.4 740.1 729.8 402.5
Operating Margin 11.92% 7.08% 12.98% 12.93% 13.6% 11.1%
Earnings before Tax (EBT) 1 785 418.1 605.9 875 960.8 584
Net income 1 556.4 312.4 438.8 660.3 719 486.3
Net margin 9.76% 7.04% 10.74% 11.54% 13.4% 13.41%
EPS 2 3.512 1.989 2.798 4.214 4.580 3.120
Free Cash Flow 1 319.8 208.2 1,372 23.98 420.6 605.7
FCF margin 5.61% 4.69% 33.59% 0.42% 7.84% 16.7%
FCF Conversion (EBITDA) 43.1% 54.78% 229.64% 2.98% 52.95% 130.75%
FCF Conversion (Net income) 57.47% 66.66% 312.81% 3.63% 58.5% 124.54%
Dividend per Share 2 2.379 2.379 2.391 2.926 3.600 3.000
Announcement Date 3/28/19 3/31/20 3/5/21 5/18/22 3/1/23 3/6/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 411 617 - 96.9 - 58.4
Net Cash position 1 - - 432 - 154 -
Leverage (Debt/EBITDA) 0.5547 x 1.624 x - 0.1204 x - 0.1261 x
Free Cash Flow 1 320 208 1,372 24 421 606
ROE (net income / shareholders' equity) 23.4% 12.6% 17.8% 25% 24% 15.4%
ROA (Net income/ Total Assets) 6.83% 3.04% 5.04% 6.57% 5.88% 3.11%
Assets 1 8,142 10,280 8,710 10,056 12,236 15,650
Book Value Per Share 2 16.60 16.00 16.00 18.10 20.40 20.70
Cash Flow per Share 2 6.110 7.050 10.30 6.800 8.750 9.600
Capex 1 23.6 60.1 18.6 139 90 27.3
Capex / Sales 0.41% 1.35% 0.45% 2.43% 1.68% 0.75%
Announcement Date 3/28/19 3/31/20 3/5/21 5/18/22 3/1/23 3/6/24
1TWD in Million2TWD
Estimates
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