Financials ShinWon Corporation

Equities

A009270

KR7009270000

Apparel & Accessories

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,290 KRW +0.78% Intraday chart for ShinWon Corporation +0.62% -9.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 134,809 147,777 106,858 240,446 124,646 108,552
Enterprise Value (EV) 1 256,088 240,286 210,195 378,349 264,068 295,391
P/E ratio -21.6 x 97.8 x -13.7 x 17.7 x 7.09 x 18.5 x
Yield - - - 1.71% 6.47% -
Capitalization / Revenue 0.22 x 0.22 x 0.15 x 0.27 x 0.13 x 0.13 x
EV / Revenue 0.41 x 0.36 x 0.3 x 0.43 x 0.27 x 0.35 x
EV / EBITDA 26.4 x 12.6 x 23.3 x 12.9 x 6.19 x 8.89 x
EV / FCF -87 x 56.2 x 31.5 x -8.19 x 311 x -11.4 x
FCF Yield -1.15% 1.78% 3.17% -12.2% 0.32% -8.78%
Price to Book 0.71 x 0.71 x 0.59 x 1.1 x 0.54 x 0.49 x
Nbr of stocks (in thousands) 69,546 77,850 73,412 81,160 80,677 76,177
Reference price 2 1,870 1,845 1,410 2,920 1,545 1,425
Announcement Date 3/21/19 3/19/20 3/18/21 3/17/22 3/16/23 3/21/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 621,491 674,868 694,297 879,418 995,440 834,478
EBITDA 1 9,690 19,036 9,016 29,325 42,637 33,242
EBIT 1 1,381 8,840 -134 21,178 33,226 22,999
Operating Margin 0.22% 1.31% -0.02% 2.41% 3.34% 2.76%
Earnings before Tax (EBT) 1 -9,312 254.3 -9,659 16,254 25,474 10,173
Net income 1 -5,845 1,428 -7,627 12,133 18,105 5,927
Net margin -0.94% 0.21% -1.1% 1.38% 1.82% 0.71%
EPS 2 -86.77 18.87 -102.8 165.1 218.0 77.00
Free Cash Flow 1 -2,944 4,274 6,673 -46,189 848.5 -25,925
FCF margin -0.47% 0.63% 0.96% -5.25% 0.09% -3.11%
FCF Conversion (EBITDA) - 22.45% 74.02% - 1.99% -
FCF Conversion (Net income) - 299.37% - - 4.69% -
Dividend per Share - - - 50.00 100.0 -
Announcement Date 3/21/19 3/19/20 3/18/21 3/17/22 3/16/23 3/21/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 121,279 92,509 103,337 137,904 139,422 186,839
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 12.52 x 4.86 x 11.46 x 4.703 x 3.27 x 5.621 x
Free Cash Flow 1 -2,944 4,274 6,673 -46,189 849 -25,925
ROE (net income / shareholders' equity) -3.6% 0.28% -4.77% 5.3% 8.04% 2.7%
ROA (Net income/ Total Assets) 0.21% 1.35% -0.02% 2.91% 4.1% 2.72%
Assets 1 -2,823,839 105,395 37,023,657 416,810 441,918 217,536
Book Value Per Share 2 2,640 2,595 2,410 2,665 2,863 2,918
Cash Flow per Share 2 292.0 191.0 208.0 127.0 309.0 257.0
Capex 1 4,429 7,724 4,331 21,052 28,719 36,703
Capex / Sales 0.71% 1.14% 0.62% 2.39% 2.89% 4.4%
Announcement Date 3/21/19 3/19/20 3/18/21 3/17/22 3/16/23 3/21/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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