End-of-day quote
Taiwan S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
21.5
TWD
|
+5.39%
|
|
+10.54%
|
-0.69%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
49,088
|
65,298
|
158,093
|
114,218
|
130,962
|
130,059
|
-
|
Enterprise Value (EV)
1 |
118,370
|
156,172
|
209,615
|
114,218
|
130,962
|
173,730
|
167,182
|
P/E ratio
|
-41.2
x
|
402
x
|
17.9
x
|
39.6
x
|
19.2
x
|
26.5
x
|
39.8
x
|
Yield
|
-
|
-
|
3.01%
|
-
|
-
|
2.07%
|
1.16%
|
Capitalization / Revenue
|
0.29
x
|
0.57
x
|
1.14
x
|
0.76
x
|
0.71
x
|
0.7
x
|
0.7
x
|
EV / Revenue
|
0.7
x
|
1.36
x
|
1.51
x
|
0.76
x
|
0.71
x
|
0.94
x
|
0.9
x
|
EV / EBITDA
|
3.34
x
|
4.65
x
|
4.67
x
|
3.47
x
|
3.21
x
|
4.85
x
|
4.94
x
|
EV / FCF
|
6.38
x
|
-53.5
x
|
5.96
x
|
-
|
-
|
6.55
x
|
6.81
x
|
FCF Yield
|
15.7%
|
-1.87%
|
16.8%
|
-
|
-
|
15.3%
|
14.7%
|
Price to Book
|
0.89
x
|
1.13
x
|
2.21
x
|
-
|
-
|
1.59
x
|
1.62
x
|
Nbr of stocks (in thousands)
|
5,418,096
|
5,418,910
|
5,738,409
|
6,011,462
|
6,049,038
|
6,049,266
|
-
|
Reference price
2 |
9.060
|
12.05
|
27.55
|
19.00
|
21.65
|
21.50
|
21.50
|
Announcement Date
|
3/17/20
|
3/17/21
|
3/15/22
|
3/16/23
|
3/15/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
168,444
|
115,251
|
138,841
|
150,722
|
184,817
|
184,668
|
186,270
|
EBITDA
1 |
35,465
|
33,559
|
44,918
|
32,912
|
40,814
|
35,798
|
33,852
|
EBIT
1 |
2,666
|
2,184
|
14,968
|
2,585
|
10,157
|
7,376
|
5,256
|
Operating Margin
|
1.58%
|
1.9%
|
10.78%
|
1.71%
|
5.5%
|
3.99%
|
2.82%
|
Earnings before Tax (EBT)
1 |
-96.82
|
-653.8
|
11,127
|
2,661
|
9,305
|
8,078
|
3,823
|
Net income
1 |
-1,200
|
140
|
9,380
|
2,860
|
6,819
|
4,969
|
3,279
|
Net margin
|
-0.71%
|
0.12%
|
6.76%
|
1.9%
|
3.69%
|
2.69%
|
1.76%
|
EPS
2 |
-0.2200
|
0.0300
|
1.540
|
0.4800
|
1.130
|
0.8112
|
0.5408
|
Free Cash Flow
1 |
18,552
|
-2,922
|
35,159
|
-
|
-
|
26,506
|
24,549
|
FCF margin
|
11.01%
|
-2.53%
|
25.32%
|
-
|
-
|
14.35%
|
13.18%
|
FCF Conversion (EBITDA)
|
52.31%
|
-
|
78.27%
|
-
|
-
|
74.04%
|
72.52%
|
FCF Conversion (Net income)
|
-
|
-
|
374.83%
|
-
|
-
|
533.4%
|
748.63%
|
Dividend per Share
2 |
-
|
-
|
0.8300
|
-
|
-
|
0.4460
|
0.2501
|
Announcement Date
|
3/17/20
|
3/17/21
|
3/15/22
|
3/16/23
|
3/15/24
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
34,474
|
47,167
|
37,233
|
36,852
|
37,698
|
38,939
|
42,692
|
47,193
|
47,682
|
47,250
|
47,274
|
47,202
|
48,243
|
48,458
|
47,248
|
EBITDA
1 |
11,127
|
17,501
|
11,033
|
8,441
|
-
|
6,110
|
9,654
|
12,637
|
10,145
|
8,378
|
9,944
|
9,156
|
9,638
|
11,400
|
-
|
EBIT
1 |
3,985
|
10,246
|
3,626
|
960.2
|
-337.2
|
-1,664
|
1,826
|
4,767
|
2,481
|
1,084
|
2,624
|
1,566
|
2,018
|
2,566
|
1,628
|
Operating Margin
|
11.56%
|
21.72%
|
9.74%
|
2.61%
|
-0.89%
|
-4.27%
|
4.28%
|
10.1%
|
5.2%
|
2.29%
|
5.55%
|
3.32%
|
4.18%
|
5.3%
|
3.45%
|
Earnings before Tax (EBT)
1 |
3,152
|
9,857
|
3,552
|
427.7
|
-138.2
|
-1,181
|
1,306
|
4,210
|
3,139
|
227.5
|
2,430
|
1,395
|
1,854
|
2,398
|
1,398
|
Net income
1 |
2,917
|
7,825
|
3,072
|
420.2
|
126
|
-758.9
|
1,306
|
3,294
|
2,297
|
-79.02
|
1,820
|
972.5
|
1,286
|
1,780
|
1,300
|
Net margin
|
8.46%
|
16.59%
|
8.25%
|
1.14%
|
0.33%
|
-1.95%
|
3.06%
|
6.98%
|
4.82%
|
-0.17%
|
3.85%
|
2.06%
|
2.67%
|
3.67%
|
2.75%
|
EPS
2 |
0.4800
|
1.280
|
0.5000
|
0.0700
|
0.0200
|
-0.1200
|
0.2100
|
0.5500
|
0.3800
|
-0.0200
|
0.3000
|
0.1650
|
0.2150
|
0.2950
|
0.2100
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/4/21
|
3/15/22
|
5/9/22
|
8/9/22
|
11/9/22
|
3/16/23
|
5/10/23
|
8/9/23
|
11/8/23
|
3/15/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
69,282
|
90,874
|
51,521
|
-
|
-
|
43,671
|
37,123
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.954
x
|
2.708
x
|
1.147
x
|
-
|
-
|
1.22
x
|
1.097
x
|
Free Cash Flow
1 |
18,552
|
-2,922
|
35,159
|
-
|
-
|
26,506
|
24,549
|
ROE (net income / shareholders' equity)
|
-2.11%
|
0.25%
|
14.3%
|
-
|
-
|
6.7%
|
3.64%
|
ROA (Net income/ Total Assets)
|
-0.46%
|
0.05%
|
3.24%
|
-
|
-
|
1.86%
|
0.9%
|
Assets
1 |
261,593
|
285,714
|
289,459
|
-
|
-
|
267,163
|
366,390
|
Book Value Per Share
2 |
10.20
|
10.60
|
12.50
|
-
|
-
|
13.50
|
13.30
|
Cash Flow per Share
2 |
6.880
|
2.080
|
8.120
|
-
|
-
|
6.540
|
6.240
|
Capex
1 |
18,975
|
12,645
|
14,131
|
-
|
-
|
21,500
|
19,500
|
Capex / Sales
|
11.26%
|
10.97%
|
10.18%
|
-
|
-
|
11.64%
|
10.47%
|
Announcement Date
|
3/17/20
|
3/17/21
|
3/15/22
|
3/16/23
|
3/15/24
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
21.5
TWD Average target price
18.5
TWD Spread / Average Target -13.95% Consensus |
1st Jan change
|
Capi.
|
---|
| -0.69% | 3.99B | | +24.09% | 32.21B | | +6.68% | 24.77B | | -0.30% | 19.86B | | +32.63% | 18.21B | | +28.07% | 17.37B | | -16.19% | 14.84B | | +38.67% | 13.47B | | -14.20% | 12.32B | | +13.74% | 10.8B |
Other Airlines
|