Financials Lian Hong Art. Co., Ltd.

Equities

6755

TW0006755002

Computer Hardware

End-of-day quote Taipei Exchange 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
25 TWD -3.10% Intraday chart for Lian Hong Art. Co., Ltd. -2.53% -22.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 902.5 2,831 1,727 1,143 1,213
Enterprise Value (EV) 1 1,094 2,918 1,969 1,457 1,783
P/E ratio 11.5 x 10.6 x 64 x 18.3 x -19.6 x
Yield 3.25% 4.82% 1.57% 1.57% -
Capitalization / Revenue 0.41 x 0.86 x 0.53 x 0.48 x 0.56 x
EV / Revenue 0.5 x 0.88 x 0.6 x 0.61 x 0.82 x
EV / EBITDA 6.8 x 6.53 x 20.6 x 26 x -75.5 x
EV / FCF -107 x 158 x 31.6 x -14.3 x -10.7 x
FCF Yield -0.93% 0.63% 3.16% -6.99% -9.33%
Price to Book 1.69 x 3.08 x 2.14 x 1.3 x 1.55 x
Nbr of stocks (in thousands) 31,379 36,518 36,528 37,359 37,793
Reference price 2 28.76 77.53 47.27 30.59 32.10
Announcement Date 4/29/20 4/26/21 4/26/22 4/21/23 4/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,943 2,205 3,308 3,279 2,405 2,167
EBITDA 1 108.8 161 446.7 95.45 56.04 -23.62
EBIT 1 65.57 114.8 407.7 56.95 15.84 -66.46
Operating Margin 3.38% 5.21% 12.32% 1.74% 0.66% -3.07%
Earnings before Tax (EBT) 1 110.2 124.6 391.5 44.04 101.5 -66.75
Net income 1 41.89 77.51 250.5 27.99 63.25 -61.52
Net margin 2.16% 3.52% 7.57% 0.85% 2.63% -2.84%
EPS 2 1.382 2.503 7.324 0.7380 1.670 -1.640
Free Cash Flow 1 -49.64 -10.21 18.43 62.28 -101.8 -166.3
FCF margin -2.56% -0.46% 0.56% 1.9% -4.24% -7.67%
FCF Conversion (EBITDA) - - 4.13% 65.25% - -
FCF Conversion (Net income) - - 7.36% 222.49% - -
Dividend per Share 2 0.4671 0.9341 3.736 0.7405 0.4808 -
Announcement Date 9/19/19 4/29/20 4/26/21 4/26/22 4/21/23 4/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 139 192 86.8 243 314 570
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.28 x 1.192 x 0.1943 x 2.545 x 5.605 x -24.12 x
Free Cash Flow 1 -49.6 -10.2 18.4 62.3 -102 -166
ROE (net income / shareholders' equity) 12.4% 16.1% 37.8% 2.77% 5.45% -7.69%
ROA (Net income/ Total Assets) 2.56% 4.04% 11.1% 1.33% 0.4% -1.76%
Assets 1 1,639 1,921 2,259 2,102 15,710 3,502
Book Value Per Share 2 15.30 17.00 25.20 22.10 23.50 20.70
Cash Flow per Share 2 10.10 7.880 8.450 9.660 9.960 5.510
Capex 1 118 53 49.1 114 238 218
Capex / Sales 6.08% 2.4% 1.49% 3.49% 9.89% 10.05%
Announcement Date 9/19/19 4/29/20 4/26/21 4/26/22 4/21/23 4/15/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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