Financials Daxin Materials Corporation

Equities

5234

TW0005234009

Specialty Chemicals

End-of-day quote Taiwan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
153.5 TWD +1.32% Intraday chart for Daxin Materials Corporation +13.70% +54.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 9,306 8,792 15,818 6,677 10,200 15,767
Enterprise Value (EV) 1 9,306 8,792 15,818 6,677 10,200 15,767
P/E ratio - - - - - -
Yield - - - - - -
Capitalization / Revenue 2.05 x 2.05 x 3.5 x 1.72 x 2.39 x 3.28 x
EV / Revenue 2.05 x 2.05 x 3.5 x 1.72 x 2.39 x 3.28 x
EV / EBITDA - - - - - -
EV / FCF - - 40.6 x 13.3 x 20.1 x 21.4 x
FCF Yield - - 2.46% 7.54% 4.98% 4.68%
Price to Book - - - 2.26 x 3.25 x -
Nbr of stocks (in thousands) 102,716 102,716 102,716 102,716 102,716 102,716
Reference price 2 90.60 85.60 154.0 65.00 99.30 153.5
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 3/1/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 4,531 4,296 4,513 3,889 4,264 4,807
EBITDA - - - - - -
EBIT 1 752.4 733.4 767.6 438 610.8 826
Operating Margin 16.61% 17.07% 17.01% 11.26% 14.32% 17.18%
Earnings before Tax (EBT) - - - - - -
Net income - - - - - -
Net margin - - - - - -
EPS - - - - - -
Free Cash Flow 1 - - 389.3 503.4 507.7 738
FCF margin - - 8.62% 12.94% 11.91% 15.35%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 3/1/24 -
1TWD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2023 Q2 2023 Q4
Net sales 1 1,180 1,168 - 1,048 727.6 1,130 997.6
EBITDA - - - - - - -
EBIT 1 211.2 187.5 - 150.5 16.7 171.6 137.4
Operating Margin 17.9% 16.05% - 14.36% 2.3% 15.18% 13.78%
Earnings before Tax (EBT) - - - - - - -
Net income - - 163.4 - - - -
Net margin - - - - - - -
EPS - - 1.580 - - - -
Dividend per Share - - - - - - -
Announcement Date 11/3/21 2/23/22 5/5/22 8/3/22 11/9/22 8/10/23 3/1/24
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - 389 503 508 738
ROE (net income / shareholders' equity) - - 22.8% 14.2% 17.2% 23.7%
ROA (Net income/ Total Assets) - - 15.1% 9.31% 11.4% 13.5%
Assets - - - - - -
Book Value Per Share - - - 28.70 30.50 -
Cash Flow per Share - - - - - -
Capex 1 248 - 398 229 218 250
Capex / Sales 5.47% - 8.81% 5.89% 5.1% 5.2%
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 3/1/24 -
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
153.5 TWD
Average target price
140 TWD
Spread / Average Target
-8.79%
Consensus

Quarterly revenue - Rate of surprise

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