Financials Shinfox Energy Co., Ltd.

Equities

6806

TW0006806003

Renewable Energy Equipment & Services

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
138 TWD 0.00% Intraday chart for Shinfox Energy Co., Ltd. -5.80% +29.58%

Valuation

Fiscal Period: December 2022 2023 2024 2025
Capitalization 1 18,351 23,020 29,829 -
Enterprise Value (EV) 1 18,351 31,260 38,894 42,878
P/E ratio 74.5 x 36.2 x 20.1 x 15.4 x
Yield - 1.41% 2.54% 3.26%
Capitalization / Revenue - 2.05 x 1.31 x 1.22 x
EV / Revenue - 2.78 x 1.71 x 1.75 x
EV / EBITDA - 31.7 x 18.2 x 17.9 x
EV / FCF - -4.93 x 34.4 x -86.4 x
FCF Yield - -20.3% 2.91% -1.16%
Price to Book - 1.27 x 1.96 x 1.82 x
Nbr of stocks (in thousands) 216,150 216,150 216,150 -
Reference price 2 84.90 106.5 138.0 138.0
Announcement Date 2/24/23 2/29/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025
Net sales 1 - 11,250 22,706 24,526
EBITDA 1 - 985.7 2,140 2,392
EBIT 1 - 789.4 1,873 2,222
Operating Margin - 7.02% 8.25% 9.06%
Earnings before Tax (EBT) 1 - 772.3 1,856 2,536
Net income 1 225.2 636.4 1,483 1,937
Net margin - 5.66% 6.53% 7.9%
EPS 2 1.140 2.940 6.860 8.960
Free Cash Flow 1 - -6,338 1,130 -496
FCF margin - -56.34% 4.98% -2.02%
FCF Conversion (EBITDA) - - 52.8% -
FCF Conversion (Net income) - - 76.2% -
Dividend per Share 2 - 1.500 3.500 4.500
Announcement Date 2/24/23 2/29/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,389 1,899 2,694 5,268 3,331 5,196 7,167 7,012 6,506
EBITDA 1 - - - 467.3 293 478 646 723 -
EBIT 1 76.78 117 187.8 407.8 226 411 579 657 483
Operating Margin 5.53% 6.16% 6.97% 7.74% 6.78% 7.91% 8.08% 9.37% 7.42%
Earnings before Tax (EBT) 1 - - - 434.2 220 409 574 654 -
Net income 1 55.15 - - 384.4 187 324 454 518 -
Net margin 3.97% - - 7.3% 5.61% 6.24% 6.33% 7.39% -
EPS 2 0.2500 - - 1.770 0.8600 1.500 2.100 2.400 -
Dividend per Share - - - - - - - - -
Announcement Date 5/12/23 8/8/23 11/9/23 2/29/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025
Net Debt 1 - 8,240 9,065 13,049
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) - 8.359 x 4.236 x 5.454 x
Free Cash Flow 1 - -6,338 1,130 -496
ROE (net income / shareholders' equity) - 5.92% 11.3% 11.7%
ROA (Net income/ Total Assets) - 2.68% 4.6% 5.58%
Assets 1 - 23,746 32,239 34,713
Book Value Per Share 2 - 83.60 70.30 75.80
Cash Flow per Share 2 - -24.60 12.50 2.650
Capex 1 - 789 1,200 611
Capex / Sales - 7.02% 5.28% 2.49%
Announcement Date 2/24/23 2/29/24 - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
138 TWD
Average target price
144.5 TWD
Spread / Average Target
+4.71%
Consensus
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