Financials Taihan Precision Technology Co., Ltd.

Equities

1336

TW0001336006

Non-Paper Containers & Packaging

End-of-day quote Taipei Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
18.9 TWD -0.26% Intraday chart for Taihan Precision Technology Co., Ltd. -1.56% -10.85%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,271 1,307 1,889 1,650 1,939 1,671
Enterprise Value (EV) 1 1,336 1,190 1,610 1,423 1,742 1,369
P/E ratio 12 x 18.1 x 9.96 x 21.4 x 12.1 x 15.5 x
Yield - - 6.12% 1.87% 1.67% 1.93%
Capitalization / Revenue 0.46 x 0.56 x 0.99 x 0.79 x 0.73 x 0.72 x
EV / Revenue 0.48 x 0.51 x 0.84 x 0.68 x 0.65 x 0.59 x
EV / EBITDA 4.78 x 5.11 x 9.06 x 5.81 x 5.01 x 5 x
EV / FCF -26.8 x 4.57 x 9.8 x 34.3 x 18.4 x 5.44 x
FCF Yield -3.72% 21.9% 10.2% 2.92% 5.45% 18.4%
Price to Book 0.76 x 0.78 x 1.16 x 1.07 x 1.12 x 0.94 x
Nbr of stocks (in thousands) 84,152 85,148 77,098 77,098 78,818 78,818
Reference price 2 15.10 15.35 24.50 21.40 24.60 21.20
Announcement Date 4/1/19 3/31/20 3/29/21 3/31/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,788 2,353 1,907 2,085 2,669 2,317
EBITDA 1 279.6 232.7 177.7 245.1 347.5 273.9
EBIT 1 167.8 113.8 69.6 140.7 246.2 162.1
Operating Margin 6.02% 4.84% 3.65% 6.75% 9.22% 7%
Earnings before Tax (EBT) 1 150.7 130.5 297.8 134 258.6 199.2
Net income 1 106.7 73.43 192.7 77.06 157.8 107.4
Net margin 3.83% 3.12% 10.11% 3.7% 5.91% 4.64%
EPS 2 1.260 0.8500 2.460 0.9995 2.030 1.370
Free Cash Flow 1 -49.76 260.5 164.2 41.52 94.94 251.8
FCF margin -1.78% 11.07% 8.61% 1.99% 3.56% 10.87%
FCF Conversion (EBITDA) - 111.97% 92.37% 16.94% 27.32% 91.94%
FCF Conversion (Net income) - 354.84% 85.18% 53.88% 60.16% 234.51%
Dividend per Share - - 1.500 0.4000 0.4100 0.4100
Announcement Date 4/1/19 3/31/20 3/29/21 3/31/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 65.2 - - - - -
Net Cash position 1 - 117 279 227 197 302
Leverage (Debt/EBITDA) 0.2333 x - - - - -
Free Cash Flow 1 -49.8 261 164 41.5 94.9 252
ROE (net income / shareholders' equity) 6.54% 4.4% 11.7% 4.85% 9.64% 6.15%
ROA (Net income/ Total Assets) 4.25% 2.93% 1.81% 3.73% 6.11% 3.72%
Assets 1 2,508 2,509 10,647 2,068 2,585 2,890
Book Value Per Share 2 19.80 19.70 21.20 20.10 21.90 22.50
Cash Flow per Share 2 3.540 4.000 8.080 6.970 8.630 7.540
Capex 1 297 105 62.9 52.9 110 92.4
Capex / Sales 10.67% 4.46% 3.3% 2.54% 4.12% 3.99%
Announcement Date 4/1/19 3/31/20 3/29/21 3/31/22 3/31/23 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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