CHUNG-HSIN ELECTRIC AND MACHINERY MANUFACTURING CORP. Financials Chung-Hsin Electric and Machinery Manufacturing Corp.
Equities
1513
TW0001513000
Heavy Electrical Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 184 TWD | -1.08% |
|
-0.54% | +57.94% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 22,028 | 21,136 | 31,389 | 57,560 | 90,910 | - |
| Enterprise Value (EV) 1 | 22,028 | 21,136 | 44,957 | 65,907 | 96,618 | 96,931 |
| P/E ratio | 15.8 x | 11.3 x | 13.6 x | 35.8 x | 21.5 x | 18.5 x |
| Yield | - | - | - | 3.09% | 3.08% | 3.47% |
| Capitalization / Revenue | - | 1.17 x | 1.69 x | 2.6 x | 3.54 x | 3.12 x |
| EV / Revenue | - | 1.17 x | 2.42 x | 2.98 x | 3.76 x | 3.32 x |
| EV / EBITDA | - | - | 8.25 x | 9.11 x | 12 x | 11.2 x |
| EV / FCF | - | - | 16.4 x | 12 x | 24.7 x | 18.9 x |
| FCF Yield | - | - | 6.12% | 8.37% | 4.04% | 5.29% |
| Price to Book | - | 1.86 x | 2.4 x | 3.79 x | 6.13 x | 5.01 x |
| Nbr of stocks (in thousands) | 410,961 | 467,095 | 467,095 | 494,074 | 494,074 | - |
| Reference price 2 | 53.60 | 45.25 | 67.20 | 116.5 | 184.0 | 184.0 |
| Announcement Date | 3/30/21 | 3/14/22 | 3/9/23 | 3/12/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 18,025 | 18,547 | 22,145 | 25,706 | 29,154 |
| EBITDA 1 | - | - | 5,449 | 7,236 | 8,067 | 8,688 |
| EBIT 1 | - | 2,678 | 2,851 | 4,386 | 5,180 | 6,037 |
| Operating Margin | - | 14.86% | 15.37% | 19.81% | 20.15% | 20.71% |
| Earnings before Tax (EBT) 1 | - | 2,480 | 3,092 | 2,397 | 5,332 | 6,197 |
| Net income 1 | 1,527 | 1,957 | 2,434 | 1,586 | 4,234 | 4,917 |
| Net margin | - | 10.86% | 13.12% | 7.16% | 16.47% | 16.87% |
| EPS 2 | 3.400 | 4.000 | 4.950 | 3.250 | 8.558 | 9.935 |
| Free Cash Flow 1 | - | - | 2,749 | 5,514 | 3,907 | 5,127 |
| FCF margin | - | - | 14.82% | 24.9% | 15.2% | 17.59% |
| FCF Conversion (EBITDA) | - | - | 50.46% | 76.19% | 48.43% | 59.02% |
| FCF Conversion (Net income) | - | - | 112.95% | 347.71% | 92.29% | 104.27% |
| Dividend per Share 2 | - | - | - | 3.600 | 5.660 | 6.385 |
| Announcement Date | 3/30/21 | 3/14/22 | 3/9/23 | 3/12/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| 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 | - | 5,161 | 4,739 | - | 4,634 | 4,799 | 5,841 | 4,930 | 5,527 | 5,847 | 5,997 | 6,194 | 6,636 | 6,969 | 6,612 |
| EBITDA 1 | - | - | - | - | - | - | - | - | 1,506 | 1,716 | 1,846 | 1,741 | 1,845 | 1,905 | - |
| EBIT 1 | - | 827 | 743 | - | 609.9 | 848.1 | 1,026 | 1,600 | 782.6 | 978 | 1,167 | 1,280 | 1,319 | 1,412 | 1,366 |
| Operating Margin | - | 16.02% | 15.68% | - | 13.16% | 17.67% | 17.57% | 32.45% | 14.16% | 16.73% | 19.46% | 20.67% | 19.88% | 20.26% | 20.66% |
| Earnings before Tax (EBT) 1 | - | 742.1 | 735.6 | - | 695.6 | 930.2 | 962.3 | -416.8 | 878.5 | 972.9 | 1,207 | 1,317 | 1,365 | 1,460 | 1,414 |
| Net income 1 | 436.7 | 589.9 | 561 | 573.6 | 548.4 | 751.2 | 744.5 | -685.7 | 735.6 | 791.2 | 956.3 | 1,045 | 1,086 | 1,155 | 1,131 |
| Net margin | - | 11.43% | 11.84% | - | 11.83% | 15.65% | 12.75% | -13.91% | 13.31% | 13.53% | 15.95% | 16.87% | 16.36% | 16.57% | 17.11% |
| EPS 2 | 0.8900 | 1.210 | 1.150 | 1.170 | 1.120 | 1.520 | 1.540 | -1.420 | 1.510 | 1.620 | 1.923 | 2.103 | 2.180 | 2.323 | 2.250 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/11/21 | 3/14/22 | 5/13/22 | 8/9/22 | 11/10/22 | 3/9/23 | 5/12/23 | 8/9/23 | 11/9/23 | 3/12/24 | - | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 13,568 | 8,347 | 5,708 | 6,021 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 2.49 x | 1.153 x | 0.7076 x | 0.6931 x |
| Free Cash Flow 1 | - | - | 2,749 | 5,514 | 3,907 | 5,127 |
| ROE (net income / shareholders' equity) | - | - | 19.9% | 11% | 26% | 27.3% |
| ROA (Net income/ Total Assets) | - | - | 6.41% | 3.7% | 8.68% | 9.44% |
| Assets 1 | - | - | 37,956 | 42,911 | 48,773 | 52,090 |
| Book Value Per Share 2 | - | 24.40 | 28.10 | 30.80 | 30.00 | 36.70 |
| Cash Flow per Share 2 | - | - | - | 14.80 | 12.90 | 14.20 |
| Capex 1 | - | - | 2,722 | 1,700 | 1,801 | 1,990 |
| Capex / Sales | - | - | 14.68% | 7.67% | 7.01% | 6.83% |
| Announcement Date | 3/30/21 | 3/14/22 | 3/9/23 | 3/12/24 | - | - |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
184
TWD
Average target price
221.2
TWD
Spread / Average Target
+20.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +57.94% | 2.79B | |
| +20.35% | 90.56B | |
| +45.15% | 24.92B | |
| +39.97% | 16.61B | |
| +21.91% | 10.14B | |
| -1.84% | 8.13B | |
| +5.66% | 7.77B | |
| +26.46% | 7.68B | |
| +159.02% | 6.78B | |
| +43.41% | 5.01B |
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- Financials Chung-Hsin Electric and Machinery Manufacturing Corp.
