Financials ShareHope Medicine Co., Ltd.

Equities

8403

TW0008403007

Pharmaceuticals

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
31.4 TWD -0.48% Intraday chart for ShareHope Medicine Co., Ltd. +0.16% -4.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,514 3,064 3,788 3,087 4,057 4,147
Enterprise Value (EV) 1 2,262 2,679 2,943 2,723 4,518 4,933
P/E ratio 16.9 x 16.2 x 15.7 x 13.4 x 13.9 x 33.6 x
Yield 1.94% - 1.43% 1.85% 1.48% -
Capitalization / Revenue 0.82 x 0.98 x 0.92 x 0.8 x 0.98 x 1.07 x
EV / Revenue 0.74 x 0.86 x 0.72 x 0.71 x 1.09 x 1.27 x
EV / EBITDA 11.4 x 9.87 x 4.49 x 6.26 x 9.04 x 17.9 x
EV / FCF -12.4 x 5.88 x 16 x 29.9 x -7.26 x -46.2 x
FCF Yield -8.07% 17% 6.24% 3.35% -13.8% -2.17%
Price to Book 1.07 x 1.22 x 1.3 x 0.98 x 1.19 x 1.19 x
Nbr of stocks (in thousands) 124,285 124,285 125,649 126,044 126,044 126,044
Reference price 2 20.23 24.65 30.15 24.49 32.19 32.90
Announcement Date 3/28/19 3/31/20 3/31/21 3/31/22 3/31/23 3/20/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,057 3,124 4,099 3,850 4,137 3,873
EBITDA 1 198.3 271.5 654.9 435 499.5 276.1
EBIT 1 66.16 139 513.7 254.3 329.4 94.69
Operating Margin 2.16% 4.45% 12.53% 6.6% 7.96% 2.44%
Earnings before Tax (EBT) 1 165.2 204.3 479.1 267.6 339.9 109
Net income 1 145.9 195.1 247.7 232.7 293.9 124.6
Net margin 4.77% 6.24% 6.04% 6.04% 7.11% 3.22%
EPS 2 1.198 1.519 1.919 1.830 2.314 0.9800
Free Cash Flow 1 -182.5 456 183.7 91.18 -622.2 -106.8
FCF margin -5.97% 14.6% 4.48% 2.37% -15.04% -2.76%
FCF Conversion (EBITDA) - 167.95% 28.06% 20.96% - -
FCF Conversion (Net income) - 233.78% 74.18% 39.19% - -
Dividend per Share 2 0.3920 - 0.4319 0.4535 0.4762 -
Announcement Date 3/28/19 3/31/20 3/31/21 3/31/22 3/31/23 3/20/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 460 787
Net Cash position 1 251 385 845 364 - -
Leverage (Debt/EBITDA) - - - - 0.9211 x 2.848 x
Free Cash Flow 1 -183 456 184 91.2 -622 -107
ROE (net income / shareholders' equity) 5.8% 6.81% 11.5% 5.18% 6.12% 1.37%
ROA (Net income/ Total Assets) 1.15% 2.15% 6.54% 2.69% 3.05% 0.8%
Assets 1 12,717 9,053 3,785 8,637 9,632 15,601
Book Value Per Share 2 19.00 20.20 23.20 25.00 27.10 27.70
Cash Flow per Share 2 5.590 8.400 13.40 12.40 12.20 11.00
Capex 1 102 104 358 138 1,266 250
Capex / Sales 3.35% 3.33% 8.73% 3.57% 30.6% 6.46%
Announcement Date 3/28/19 3/31/20 3/31/21 3/31/22 3/31/23 3/20/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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