Financials China Glaze Co.,Ltd.

Equities

1809

TW0001809002

Construction Supplies & Fixtures

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
25.2 TWD +2.44% Intraday chart for China Glaze Co.,Ltd. +10.28% +60.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,762 1,979 2,080 2,739 2,063 2,631
Enterprise Value (EV) 1 1,110 1,494 1,542 2,565 2,253 2,845
P/E ratio 31,493 x -48.6 x -34.2 x 65.6 x 32.9 x -158 x
Yield 1.9% 1.69% 1.61% 1.52% 2.02% 1.27%
Capitalization / Revenue 0.71 x 0.87 x 1.12 x 1.25 x 0.8 x 1.12 x
EV / Revenue 0.45 x 0.66 x 0.83 x 1.17 x 0.87 x 1.21 x
EV / EBITDA 15.5 x -152 x -56.5 x 41.4 x 35.4 x -184 x
EV / FCF -27.4 x 66.7 x 8.46 x -14.4 x -8.05 x 266 x
FCF Yield -3.64% 1.5% 11.8% -6.95% -12.4% 0.38%
Price to Book 0.56 x 0.66 x 0.72 x 0.95 x 0.7 x 0.91 x
Nbr of stocks (in thousands) 167,042 167,042 167,042 167,042 167,042 167,042
Reference price 2 10.55 11.85 12.45 16.40 12.35 15.75
Announcement Date 3/28/19 3/27/20 3/30/21 3/29/22 3/28/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,477 2,277 1,861 2,199 2,592 2,357
EBITDA 1 71.44 -9.83 -27.3 61.97 63.64 -15.42
EBIT 1 -23.21 -99.86 -103.2 -13.77 -10.82 -73.19
Operating Margin -0.94% -4.39% -5.55% -0.63% -0.42% -3.11%
Earnings before Tax (EBT) 1 -10.15 -90.45 -93.74 35.92 37.77 -61.13
Net income 1 0.056 -40.76 -60.73 42.1 62.79 -16.65
Net margin 0% -1.79% -3.26% 1.91% 2.42% -0.71%
EPS 2 0.000335 -0.2440 -0.3635 0.2500 0.3759 -0.0997
Free Cash Flow 1 -40.45 22.38 182.3 -178.2 -279.9 10.71
FCF margin -1.63% 0.98% 9.8% -8.1% -10.8% 0.45%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.2000 0.2000 0.2000 0.2500 0.2500 0.2000
Announcement Date 3/28/19 3/27/20 3/30/21 3/29/22 3/28/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 190 214
Net Cash position 1 652 486 538 174 - -
Leverage (Debt/EBITDA) - - - - 2.991 x -13.86 x
Free Cash Flow 1 -40.5 22.4 182 -178 -280 10.7
ROE (net income / shareholders' equity) -0.49% -2.12% -2.71% 0.86% 0.94% -1.65%
ROA (Net income/ Total Assets) -0.29% -1.33% -1.45% -0.2% -0.15% -0.98%
Assets 1 -19.11 3,070 4,180 -21,230 -42,338 1,699
Book Value Per Share 2 18.70 18.00 17.40 17.30 17.70 17.20
Cash Flow per Share 2 6.290 5.780 4.310 4.050 3.660 3.670
Capex 1 93.4 150 48.8 141 236 139
Capex / Sales 3.77% 6.58% 2.62% 6.4% 9.12% 5.9%
Announcement Date 3/28/19 3/27/20 3/30/21 3/29/22 3/28/23 3/15/24
1TWD in Million2TWD
Estimates
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