Financials Chitec Technology Co., Ltd.

Equities

3430

TW0003430005

Commodity Chemicals

End-of-day quote Taipei Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
51.4 TWD +0.98% Intraday chart for Chitec Technology Co., Ltd. +2.80% +7.76%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,241 1,119 721.5 1,600 1,431 1,608
Enterprise Value (EV) 1 1,558 1,562 1,031 1,673 1,161 1,300
P/E ratio 8.76 x 14.9 x 17.4 x 12.3 x 6.78 x 13.5 x
Yield 6.18% 1.12% 2.02% 3.72% 7.07% 4.19%
Capitalization / Revenue 0.93 x 0.85 x 0.62 x 1.07 x 0.9 x 1.27 x
EV / Revenue 1.16 x 1.18 x 0.89 x 1.12 x 0.73 x 1.03 x
EV / EBITDA 6.58 x 9.79 x 8.22 x 7.03 x 4.3 x 7.03 x
EV / FCF 7.16 x -35 x 7.63 x 6.98 x 6.78 x 15.7 x
FCF Yield 14% -2.86% 13.1% 14.3% 14.7% 6.36%
Price to Book 2.35 x 2.14 x 1.31 x 2.4 x 1.43 x 1.58 x
Nbr of stocks (in thousands) 29,736 29,736 29,736 29,736 33,716 33,716
Reference price 2 41.75 37.62 24.26 53.80 42.45 47.70
Announcement Date 4/29/19 4/29/20 4/29/21 3/29/23 3/29/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,339 1,321 1,160 1,497 1,598 1,262
EBITDA 1 236.6 159.6 125.5 237.8 270 184.9
EBIT 1 179.4 101.2 65.78 176.5 210 132.7
Operating Margin 13.4% 7.66% 5.67% 11.79% 13.14% 10.51%
Earnings before Tax (EBT) 1 178 99.11 57.3 173.7 249.6 155.7
Net income 1 143.6 75.72 41.78 130.8 196.2 120.2
Net margin 10.72% 5.73% 3.6% 8.74% 12.28% 9.52%
EPS 2 4.766 2.524 1.392 4.360 6.260 3.540
Free Cash Flow 1 217.5 -44.64 135.1 239.6 171.2 82.66
FCF margin 16.25% -3.38% 11.65% 16.01% 10.71% 6.55%
FCF Conversion (EBITDA) 91.94% - 107.67% 100.75% 63.4% 44.71%
FCF Conversion (Net income) 151.5% - 323.4% 183.24% 87.25% 68.75%
Dividend per Share 2 2.580 0.4222 0.4902 2.000 3.000 2.000
Announcement Date 4/29/19 4/29/20 4/29/21 3/29/23 3/29/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 316 443 310 73.2 - -
Net Cash position 1 - - - - 270 308
Leverage (Debt/EBITDA) 1.337 x 2.778 x 2.469 x 0.3079 x - -
Free Cash Flow 1 218 -44.6 135 240 171 82.7
ROE (net income / shareholders' equity) 30.7% 14.4% 7.76% 21.4% 23.5% 11.9%
ROA (Net income/ Total Assets) 9.14% 5.08% 3.37% 9.23% 9.83% 5.73%
Assets 1 1,570 1,491 1,239 1,417 1,997 2,097
Book Value Per Share 2 17.80 17.60 18.60 22.50 29.80 30.30
Cash Flow per Share 2 3.970 3.180 3.260 4.190 12.40 12.60
Capex 1 19.6 27.1 24 20.1 31.6 31.6
Capex / Sales 1.47% 2.05% 2.07% 1.34% 1.98% 2.5%
Announcement Date 4/29/19 4/29/20 4/29/21 3/29/23 3/29/23 3/15/24
1TWD in Million2TWD
Estimates
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