Financials TaiGen Biopharmaceuticals Holdings Limited

Equities

4157

KYG866171005

Biotechnology & Medical Research

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
15.4 TWD -0.65% Intraday chart for TaiGen Biopharmaceuticals Holdings Limited -6.38% +1.32%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 12,185 13,190 16,380 11,039 11,505 10,911
Enterprise Value (EV) 1 11,403 12,619 16,066 10,168 10,645 9,948
P/E ratio -35.5 x -44.6 x -40.5 x 14.3 x -48.5 x 80 x
Yield - - - - - -
Capitalization / Revenue 411 x 649 x 699 x 8.53 x 318 x 88.6 x
EV / Revenue 385 x 621 x 686 x 7.85 x 294 x 80.8 x
EV / EBITDA -45.9 x -47.6 x -54.4 x 11.2 x -39.8 x -60.4 x
EV / FCF -58.7 x -65.3 x -143 x 27.8 x 187 x -118 x
FCF Yield -1.7% -1.53% -0.7% 3.6% 0.54% -0.85%
Price to Book 11.1 x 16.2 x 37 x 8.81 x 11.9 x 9.75 x
Nbr of stocks (in thousands) 716,760 716,840 716,844 716,844 716,844 717,844
Reference price 2 17.00 18.40 22.85 15.40 16.05 15.20
Announcement Date 3/29/19 3/25/20 3/29/21 3/31/22 3/23/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 29.62 20.31 23.42 1,295 36.23 123.1
EBITDA 1 -248.2 -264.9 -295.5 909.9 -267.5 -164.6
EBIT 1 -258.4 -277.1 -307.3 899.5 -277.7 -174.7
Operating Margin -872.43% -1,364.25% -1,312.1% 69.48% -766.41% -141.88%
Earnings before Tax (EBT) 1 -343.2 -290.2 -406.9 876 -229.8 143.5
Net income 1 -343.2 -295.7 -404.8 775.6 -237.2 136.7
Net margin -1,158.79% -1,455.57% -1,728.37% 59.92% -654.61% 111.04%
EPS 2 -0.4788 -0.4125 -0.5647 1.080 -0.3308 0.1900
Free Cash Flow 1 -194.3 -193.3 -112 366.4 57.08 -84.51
FCF margin -656% -951.38% -478.11% 28.3% 157.54% -68.63%
FCF Conversion (EBITDA) - - - 40.27% - -
FCF Conversion (Net income) - - - 47.24% - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 3/25/20 3/29/21 3/31/22 3/23/23 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 1 782 571 314 871 860 963
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -194 -193 -112 366 57.1 -84.5
ROE (net income / shareholders' equity) -27.3% -31% -64.4% 91.5% -21.3% 13.1%
ROA (Net income/ Total Assets) -11.9% -16.2% -25.6% 57.7% -14.2% -9.59%
Assets 1 2,879 1,821 1,583 1,345 1,667 -1,426
Book Value Per Share 2 1.530 1.140 0.6200 1.750 1.350 1.560
Cash Flow per Share 2 0.2100 0.1900 0.0800 0.5100 0.3400 0.5200
Capex 1 21.6 3.87 5.46 10.2 3.39 3.89
Capex / Sales 73.03% 19.05% 23.32% 0.79% 9.36% 3.16%
Announcement Date 3/29/19 3/25/20 3/29/21 3/31/22 3/23/23 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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