Financials Jiyuan Packaging Holdings Limited

Equities

8488

KYG5140K1085

Non-Paper Containers & Packaging

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
16.1 TWD +0.94% Intraday chart for Jiyuan Packaging Holdings Limited 0.00% -7.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,148 1,134 1,107 1,171 1,012 1,178
Enterprise Value (EV) 1 2,058 1,812 2,758 3,510 3,319 1,580
P/E ratio -5.71 x 11.7 x 21.9 x 23.3 x -14.8 x -9.98 x
Yield 2.94% 2.98% 1.83% 1.73% - -
Capitalization / Revenue 0.3 x 0.29 x 0.4 x 0.29 x 0.26 x 0.31 x
EV / Revenue 0.54 x 0.47 x 0.99 x 0.87 x 0.85 x 0.41 x
EV / EBITDA 20.2 x 4.24 x 7.56 x 13 x 24.1 x 7.98 x
EV / FCF 3.36 x 8.03 x -50 x -7.58 x -199 x 4.09 x
FCF Yield 29.8% 12.5% -2% -13.2% -0.5% 24.5%
Price to Book 0.46 x 0.46 x 0.44 x 0.46 x 0.41 x 0.5 x
Nbr of stocks (in thousands) 67,500 67,500 67,500 67,500 67,500 67,500
Reference price 2 17.00 16.80 16.40 17.35 15.00 17.45
Announcement Date 3/29/19 3/31/20 3/30/21 3/31/22 11/1/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,838 3,878 2,792 4,053 3,928 3,833
EBITDA 1 101.9 426.8 364.7 269.6 137.7 198.1
EBIT 1 -115.7 205.6 155.6 72.51 -65.47 -8.74
Operating Margin -3.02% 5.3% 5.57% 1.79% -1.67% -0.23%
Earnings before Tax (EBT) 1 -243.8 151 138.7 79.87 -73.8 -71.43
Net income 1 -201 96.61 50.45 50.33 -68.35 -118.1
Net margin -5.24% 2.49% 1.81% 1.24% -1.74% -3.08%
EPS 2 -2.978 1.431 0.7474 0.7456 -1.013 -1.749
Free Cash Flow 1 612.3 225.6 -55.18 -463.2 -16.71 386.8
FCF margin 15.95% 5.82% -1.98% -11.43% -0.43% 10.09%
FCF Conversion (EBITDA) 600.95% 52.86% - - - 195.25%
FCF Conversion (Net income) - 233.54% - - - -
Dividend per Share 2 0.5000 0.5000 0.3000 0.3000 - -
Announcement Date 3/29/19 3/31/20 3/30/21 3/31/22 11/1/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 910 678 1,651 2,339 2,307 403
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.934 x 1.587 x 4.526 x 8.674 x 16.75 x 2.032 x
Free Cash Flow 1 612 226 -55.2 -463 -16.7 387
ROE (net income / shareholders' equity) -7.51% 3.88% 2.02% 1.98% -2.71% -4.86%
ROA (Net income/ Total Assets) -1.22% 2.34% 1.82% 0.79% -0.68% -0.1%
Assets 1 16,486 4,132 2,775 6,410 9,989 119,849
Book Value Per Share 2 37.20 36.60 37.50 37.70 36.90 35.00
Cash Flow per Share 2 6.330 7.630 7.340 7.520 5.510 7.990
Capex 1 76 61.3 27.4 259 159 157
Capex / Sales 1.98% 1.58% 0.98% 6.39% 4.05% 4.09%
Announcement Date 3/29/19 3/31/20 3/30/21 3/31/22 11/1/23 3/14/24
1TWD in Million2TWD
Estimates
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