Financials Ching Chan Optical Technology Co., Ltd.

Equities

2070

TW0002070000

Industrial Machinery & Equipment

End-of-day quote Taipei Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
33.15 TWD +1.22% Intraday chart for Ching Chan Optical Technology Co., Ltd. +2.79% +5.57%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,165 1,214 962.6 1,345 1,358 1,124
Enterprise Value (EV) 1 1,219 1,503 1,187 1,352 1,150 873.7
P/E ratio 14 x 59.3 x -18.6 x 14.2 x 16.4 x 14 x
Yield - 3.03% 3.72% 3.99% 3.95% 4.78%
Capitalization / Revenue 1.32 x 2 x 2.06 x 2.26 x 2.25 x 1.81 x
EV / Revenue 1.38 x 2.48 x 2.53 x 2.27 x 1.9 x 1.4 x
EV / EBITDA 9.02 x 17.8 x 48.6 x 8.11 x 10.2 x 6.32 x
EV / FCF -39.6 x 20.1 x 10.4 x 5.91 x 4.85 x 11.9 x
FCF Yield -2.53% 4.99% 9.64% 16.9% 20.6% 8.42%
Price to Book 1.37 x 1.35 x 1.21 x 1.58 x 1.54 x 1.23 x
Nbr of stocks (in thousands) 32,283 36,783 35,783 35,783 35,783 35,783
Reference price 2 36.10 33.00 26.90 37.60 37.95 31.40
Announcement Date 3/27/19 3/27/20 3/29/21 3/28/22 3/30/23 3/28/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 881.5 606.1 468.4 596.5 603.6 622.3
EBITDA 1 135.2 84.54 24.44 166.8 112.8 138.2
EBIT 1 89.25 39.31 -30.57 117.3 64.2 93.6
Operating Margin 10.12% 6.49% -6.53% 19.67% 10.64% 15.04%
Earnings before Tax (EBT) 1 111.4 21.81 -65.58 117.7 109 102.8
Net income 1 84.66 20.47 -51.85 95.22 83.02 80.66
Net margin 9.6% 3.38% -11.07% 15.96% 13.75% 12.96%
EPS 2 2.580 0.5568 -1.450 2.640 2.310 2.240
Free Cash Flow 1 -30.79 74.94 114.4 228.9 237.2 73.54
FCF margin -3.49% 12.36% 24.43% 38.37% 39.31% 11.82%
FCF Conversion (EBITDA) - 88.64% 468.11% 137.27% 210.33% 53.22%
FCF Conversion (Net income) - 366.12% - 240.38% 285.77% 91.17%
Dividend per Share - 1.000 1.000 1.500 1.500 1.500
Announcement Date 3/27/19 3/27/20 3/29/21 3/28/22 3/30/23 3/28/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 53.9 289 225 6.3 - -
Net Cash position 1 - - - - 208 250
Leverage (Debt/EBITDA) 0.3986 x 3.416 x 9.185 x 0.0378 x - -
Free Cash Flow 1 -30.8 74.9 114 229 237 73.5
ROE (net income / shareholders' equity) 9.53% 2.21% -6.18% 11.6% 9.59% 8.98%
ROA (Net income/ Total Assets) 3.48% 1.54% -1.21% 4.86% 2.96% 4.08%
Assets 1 2,430 1,333 4,292 1,959 2,806 1,976
Book Value Per Share 2 26.30 24.50 22.10 23.80 24.60 25.60
Cash Flow per Share 2 8.170 7.750 7.780 9.080 8.260 17.40
Capex 1 63.8 5.47 4.84 2.63 10.6 13.4
Capex / Sales 7.23% 0.9% 1.03% 0.44% 1.75% 2.16%
Announcement Date 3/27/19 3/27/20 3/29/21 3/28/22 3/30/23 3/28/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 2070 Stock
  4. Financials Ching Chan Optical Technology Co., Ltd.