Financials Chi Hua Fitness Co., Ltd.

Equities

1593

TW0001593002

Electrical Components & Equipment

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
44.6 TWD -0.78% Intraday chart for Chi Hua Fitness Co., Ltd. +1.59% -14.07%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,308 1,623 2,383 2,927 2,545 2,065
Enterprise Value (EV) 1 890.4 1,246 1,954 2,917 2,536 2,015
P/E ratio 10.9 x 13.7 x 16.8 x 17.7 x 13.2 x 40.9 x
Yield 9.77% 6.3% 4.83% 4.33% 3.78% 3.08%
Capitalization / Revenue 1.63 x 1.99 x 2.74 x 2.49 x 2.91 x 1.94 x
EV / Revenue 1.11 x 1.53 x 2.25 x 2.48 x 2.9 x 1.89 x
EV / EBITDA 6.56 x 9.45 x 14.6 x 15.3 x 26.7 x 15.7 x
EV / FCF 8.69 x 16.3 x 56 x -7.1 x -62.7 x 17.3 x
FCF Yield 11.5% 6.13% 1.78% -14.1% -1.59% 5.77%
Price to Book 1.47 x 1.87 x 2.55 x 2.6 x 1.91 x 1.59 x
Nbr of stocks (in thousands) 33,853 33,853 33,853 37,328 39,477 39,783
Reference price 2 38.65 47.94 70.40 78.42 64.46 51.90
Announcement Date 3/28/19 3/27/20 3/29/21 3/25/22 3/28/23 3/28/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 802.1 814.5 868.6 1,177 874.9 1,065
EBITDA 1 135.8 131.8 133.5 190.4 95.06 128.5
EBIT 1 118.9 115.9 117.2 174 72.77 90.17
Operating Margin 14.82% 14.22% 13.5% 14.77% 8.32% 8.46%
Earnings before Tax (EBT) 1 145.1 143.8 166.3 205.9 220.3 105.6
Net income 1 120.3 119.4 143.5 171.3 188.3 50.79
Net margin 15% 14.66% 16.52% 14.55% 21.52% 4.77%
EPS 2 3.536 3.511 4.191 4.425 4.892 1.269
Free Cash Flow 1 102.5 76.31 34.86 -410.9 -40.44 116.4
FCF margin 12.77% 9.37% 4.01% -34.9% -4.62% 10.92%
FCF Conversion (EBITDA) 75.44% 57.92% 26.12% - - 90.55%
FCF Conversion (Net income) 85.18% 63.91% 24.3% - - 229.12%
Dividend per Share 2 3.775 3.020 3.397 3.394 2.438 1.600
Announcement Date 3/28/19 3/27/20 3/29/21 3/25/22 3/28/23 3/28/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 418 377 430 10.6 8.91 49.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 102 76.3 34.9 -411 -40.4 116
ROE (net income / shareholders' equity) 14.2% 13.5% 15.4% 16.2% 15.8% 5.8%
ROA (Net income/ Total Assets) 6.92% 6.75% 6.12% 7.27% 2.42% 2.73%
Assets 1 1,738 1,770 2,344 2,356 7,779 1,860
Book Value Per Share 2 26.40 25.70 27.60 30.10 33.80 32.70
Cash Flow per Share 2 5.050 5.390 9.550 5.400 8.410 8.810
Capex 1 7.79 17.5 22.8 492 193 23.3
Capex / Sales 0.97% 2.15% 2.62% 41.82% 22.06% 2.19%
Announcement Date 3/28/19 3/27/20 3/29/21 3/25/22 3/28/23 3/28/24
1TWD in Million2TWD
Estimates
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