Financials Lang Inc.

Equities

6165

TW0006165004

Internet Services

End-of-day quote Taiwan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
38.45 TWD -3.15% Intraday chart for Lang Inc. -5.99% +4.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 397.5 894.3 2,202 2,018 1,456 2,309
Enterprise Value (EV) 1 305 707.1 2,191 1,698 1,228 2,259
P/E ratio -87 x -33.1 x 40.4 x 16.7 x 45.1 x 142 x
Yield - - - - - -
Capitalization / Revenue 56 x 395 x 2.6 x 0.74 x 0.48 x 0.85 x
EV / Revenue 42.9 x 312 x 2.59 x 0.63 x 0.41 x 0.83 x
EV / EBITDA -10.7 x -38.1 x 123 x 10.7 x 9.03 x 39 x
EV / FCF -2.29 x 7.01 x 14.1 x 5.3 x -6.12 x -6.27 x
FCF Yield -43.6% 14.3% 7.07% 18.9% -16.3% -15.9%
Price to Book 0.93 x 2.23 x 4.06 x 2.99 x 2.05 x 2.5 x
Nbr of stocks (in thousands) 49,682 49,682 53,242 53,242 53,242 62,753
Reference price 2 8.000 18.00 41.35 37.90 27.35 36.80
Announcement Date 3/29/19 3/30/20 3/31/21 3/31/22 3/27/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7.102 2.265 845.4 2,716 3,011 2,711
EBITDA 1 -28.56 -18.57 17.84 158.8 135.9 57.88
EBIT 1 -37.94 -27.12 -3.788 116.9 93.28 14.96
Operating Margin -534.26% -1,197.48% -0.45% 4.3% 3.1% 0.55%
Earnings before Tax (EBT) 1 -4.567 -27.01 71.32 191.3 115.8 23.91
Net income 1 -4.567 -27.01 59.9 138.7 33.21 15.22
Net margin -64.31% -1,192.36% 7.09% 5.11% 1.1% 0.56%
EPS 2 -0.0919 -0.5436 1.024 2.273 0.6066 0.2600
Free Cash Flow 1 -132.9 100.9 154.9 320.3 -200.5 -360.2
FCF margin -1,871.47% 4,453.65% 18.33% 11.79% -6.66% -13.29%
FCF Conversion (EBITDA) - - 868.3% 201.78% - -
FCF Conversion (Net income) - - 258.63% 230.98% - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 3/30/20 3/31/21 3/31/22 3/27/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 92.4 187 10.6 320 228 49.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -133 101 155 320 -201 -360
ROE (net income / shareholders' equity) -1.06% -6.51% 12.9% 21.1% 4.56% 1.88%
ROA (Net income/ Total Assets) -5.25% -3.88% -0.29% 5.31% 3.52% 0.49%
Assets 1 86.97 696.2 -20,607 2,613 943.4 3,100
Book Value Per Share 2 8.640 8.060 10.20 12.70 13.30 14.70
Cash Flow per Share 2 1.260 1.360 4.450 11.70 11.40 9.050
Capex 1 2.52 - 8.3 11.1 145 582
Capex / Sales 35.44% - 0.98% 0.41% 4.83% 21.47%
Announcement Date 3/29/19 3/30/20 3/31/21 3/31/22 3/27/23 3/15/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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