Financials FuSheng Precision Co., Ltd.

Equities

6670

TW0006670003

Recreational Products

End-of-day quote Taiwan S.E. Other stock markets 2024-12-06			5-day change	1st Jan Change
309.50 ^TWD	-4.92%		-0.80%	+49.88%

Nov. 13	FuSheng Precision Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
Nov. 12	FuSheng Precision Logs NT$2.5 Billion Profit in January-September	MT

Projected Income Statement: FuSheng Precision Co., Ltd.

income-statement-evolution-chart FUSHENG-PRECISION-CO-LTD

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	17,201	14,230	23,215	33,716	24,381	27,972	30,589	32,578
Change	-	-17.27%	63.14%	45.23%	-27.69%	14.73%	9.36%	6.5%
EBITDA ¹	3,223	2,120	3,781	6,512	3,913	5,681	5,819	6,124
Change	-	-34.21%	78.34%	72.22%	-39.91%	45.18%	2.43%	5.24%
EBIT ¹	2,786	1,641	3,140	5,761	3,041	4,559	5,170	5,327
Change	-	-41.11%	91.41%	83.48%	-47.22%	49.9%	13.42%	3.03%
Interest Paid	-	2.22	-11.72	-63.31	-	-	-	-
Earnings before Tax (EBT) ¹	-	1,475	3,196	6,457	3,309	4,824	5,228	5,389
Change	-	-	116.75%	102.03%	-48.76%	45.81%	8.37%	3.07%
Net income ¹	2,176	1,130	2,363	4,801	2,404	3,592	3,892	3,958
Change	-	-48.09%	109.17%	103.18%	-49.92%	49.39%	8.36%	1.7%
Announcement Date	3/24/20	3/28/21	3/25/22	3/29/23	3/13/24	-	-	-

¹TWD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2021 Q1	2021 Q2	2021 Q3	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1
Net sales ¹	5,081	-	2,561	3,087	5,801	6,003	5,109	8,089	8,367	8,044	9,217	7,087	5,057	5,225	7,012	6,370	6,142	7,025	8,435	7,002	6,681	7,661	9,244	7,147
Change	-	-100%	-	20.55%	87.91%	3.48%	-14.89%	58.33%	3.44%	-3.86%	14.58%	-23.11%	-28.64%	3.33%	34.2%	-9.16%	-3.57%	14.36%	20.08%	-16.99%	-4.58%	14.67%	20.66%	-22.68%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	982.2	483.8	142.2	281.5	898.1	768.2	614.6	1,214	1,452	1,329	1,766	979	360	570.3	1,132	1,043	920.1	-	1,435	1,129	985	1,276	1,604	1,140
Change	-	-50.74%	-70.62%	98.05%	218.99%	-14.46%	-20%	97.58%	19.57%	-8.43%	32.82%	-44.56%	-63.23%	58.43%	98.47%	-7.83%	-11.8%	-100%	-	-21.31%	-12.75%	29.54%	25.71%	-28.93%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	520.2	140.4	210.2	947	773.9	617.8	1,337	1,816	1,782	1,523	944	757.7	647.9	958.9	1,238	1,052	-	1,463	1,123	1,061	1,310	1,605	1,157
Change	-	-	-73.01%	49.74%	350.54%	-18.27%	-20.18%	116.34%	35.91%	-1.92%	-14.51%	-38.01%	-19.73%	-14.49%	48%	29.1%	-15.06%	-100%	-	-23.24%	-5.52%	23.47%	22.52%	-27.91%
Net income ¹	-	430	79.53	132.8	764.7	570.3	437.6	994.2	1,348	1,354	1,104	710.8	522.9	470.3	700.3	930.2	744.6	827.1	1,090	843	785	983	1,188	856
Change	-	-	-81.51%	67.03%	475.65%	-25.42%	-23.27%	127.17%	35.61%	0.47%	-18.46%	-35.64%	-26.44%	-10.06%	48.91%	32.83%	-19.95%	11.08%	31.74%	-22.64%	-6.88%	25.22%	20.85%	-27.95%
Announcement Date	3/24/20	5/14/20	8/12/20	11/14/20	5/14/21	8/12/21	11/11/21	5/12/22	8/9/22	11/9/22	3/29/23	5/12/23	8/8/23	11/10/23	3/13/24	5/8/24	8/13/24	11/13/24	-	-	-	-	-	-

¹TWD in Million

Estimates

Forecast Balance Sheet: FuSheng Precision Co., Ltd.

balance-sheet-analysis-chart FUSHENG-PRECISION-CO-LTD

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-1,672	708	1,118	-1,611	-	-	-	-
Change	-	-57.66%	57.91%	-244.1%	-	-	-	-
Announcement Date	3/24/20	3/28/21	3/25/22	3/29/23	3/13/24	-	-	-

Estimates

Cash Flow Forecast: FuSheng Precision Co., Ltd.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	700.7	587.2	1,076	1,663	891	1,112	1,444	1,211
Change	-	-16.2%	83.31%	54.49%	-46.42%	24.75%	29.96%	-16.16%
Free Cash Flow (FCF) ¹	1,341	-164.9	808.4	3,559	4,074	4,182	4,063	-
Change	-	-112.3%	-590.35%	340.25%	14.48%	2.65%	-2.85%	-100%
Announcement Date	3/24/20	3/28/21	3/25/22	3/29/23	3/13/24	-	-	-

¹TWD in Million

Estimates

Forecast Financial Ratios: FuSheng Precision Co., Ltd.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	18.74%	14.9%	16.29%	19.32%	16.05%	20.31%	19.02%	18.8%
EBIT Margin (%)	16.2%	11.53%	13.53%	17.09%	12.47%	16.3%	16.9%	16.35%
EBT Margin (%)	-	10.36%	13.77%	19.15%	13.57%	17.25%	17.09%	16.54%
Net margin (%)	12.65%	7.94%	10.18%	14.24%	9.86%	12.84%	12.72%	12.15%
FCF margin (%)	7.79%	-1.16%	3.48%	10.56%	16.71%	14.95%	13.28%	-
FCF / Net Income (%)	61.6%	-14.59%	34.21%	74.13%	169.45%	116.44%	104.39%	-
Profitability
ROA	19.55%	8.59%	14.86%	24.07%	11.29%	16.17%	15.36%	14.03%
ROE	36.12%	17.85%	33.4%	49.61%	21.19%	26.2%	24.98%	22.32%
Financial Health
Leverage (Debt/EBITDA)	-	0.33x	0.3x	-	-	-	-	-
Debt / Free cash flow	-	-4.3x	1.38x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	4.07%	4.13%	4.64%	4.93%	3.65%	3.97%	4.72%	3.72%
CAPEX / EBITDA (%)	21.74%	27.69%	28.47%	25.53%	22.77%	19.57%	24.82%	19.77%
CAPEX / FCF (%)	52.26%	-356.18%	133.15%	46.73%	21.87%	26.58%	35.55%	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	8	6.6	12	22	12.5	16	18	-
Change	-	-17.5%	81.82%	83.33%	-43.18%	28%	12.5%	-
Book Value Per Share ¹	48.19	48.4	59.6	88.12	84.1	99.12	116.3	-
Change	-	0.43%	23.13%	47.85%	-4.56%	17.87%	17.37%	-
EPS ¹	16.57	8.62	18.03	36.64	18.18	26.37	28.57	28.91
Change	-	-47.98%	109.16%	103.22%	-50.38%	45.03%	8.37%	1.18%
Nbr of stocks (in thousands)	131,030	131,030	131,030	131,030	132,574	134,827	134,827	134,827
Announcement Date	3/24/20	3/28/21	3/25/22	3/29/23	3/13/24	-	-	-