UNITED RENEWABLE ENERGY CO., LTD. Financials United Renewable Energy Co., Ltd.
Equities
3576
TW0003576005
Renewable Energy Equipment & Services
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12 TWD | -0.41% |
|
0.00% | -18.37% |
| Apr. 26 | Fih Co Enters into Joint Venture Agreement | CI |
| Mar. 15 | United Renewable Energy Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 19,712 | 20,404 | 37,950 | 35,161 | 33,228 | 23,654 |
| Enterprise Value (EV) 1 | 36,648 | 35,883 | 45,435 | 38,617 | 40,968 | 29,041 |
| P/E ratio | -23 x | -3.38 x | -6.18 x | -25.9 x | 36.3 x | -6.15 x |
| Yield | - | - | - | - | 0.48% | - |
| Capitalization / Revenue | 1.52 x | 1.12 x | 3.03 x | 2.46 x | 1.77 x | 1.89 x |
| EV / Revenue | 2.82 x | 1.98 x | 3.63 x | 2.7 x | 2.18 x | 2.32 x |
| EV / EBITDA | -89.5 x | -167 x | -17.3 x | 121 x | 21.7 x | -15.5 x |
| EV / FCF | -4.65 x | 41.9 x | 40.2 x | 66.7 x | -9.69 x | 9.75 x |
| FCF Yield | -21.5% | 2.39% | 2.48% | 1.5% | -10.3% | 10.3% |
| Price to Book | 0.79 x | 0.98 x | 2.66 x | 2.35 x | 2.02 x | 1.86 x |
| Nbr of stocks (in thousands) | 1,424,405 | 1,507,152 | 1,506,853 | 1,609,201 | 1,609,091 | 1,609,096 |
| Reference price 2 | 13.84 | 13.54 | 25.19 | 21.85 | 20.65 | 14.70 |
| Announcement Date | 3/31/19 | 3/31/20 | 3/31/21 | 3/30/22 | 3/16/23 | 3/15/24 |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 12,984 | 18,139 | 12,511 | 14,302 | 18,808 | 12,516 |
| EBITDA 1 | -409.6 | -214.4 | -2,624 | 318.7 | 1,891 | -1,870 |
| EBIT 1 | -2,457 | -3,485 | -4,614 | -820.7 | 739.2 | -2,980 |
| Operating Margin | -18.93% | -19.21% | -36.88% | -5.74% | 3.93% | -23.81% |
| Earnings before Tax (EBT) 1 | -440.3 | -5,707 | -5,735 | -1,341 | 946.4 | -3,693 |
| Net income 1 | -468.3 | -5,686 | -6,139 | -1,288 | 993.6 | -3,889 |
| Net margin | -3.61% | -31.35% | -49.07% | -9.01% | 5.28% | -31.07% |
| EPS 2 | -0.6009 | -4.001 | -4.078 | -0.8440 | 0.5683 | -2.391 |
| Free Cash Flow 1 | -7,876 | 856.3 | 1,129 | 578.9 | -4,230 | 2,979 |
| FCF margin | -60.66% | 4.72% | 9.02% | 4.05% | -22.49% | 23.8% |
| FCF Conversion (EBITDA) | - | - | - | 181.66% | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | 0.1000 | - |
| Announcement Date | 3/31/19 | 3/31/20 | 3/31/21 | 3/30/22 | 3/16/23 | 3/15/24 |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|
| Net sales 1 | 4,677 | 2,962 | 2,630 | 2,246 |
| EBITDA | - | - | - | - |
| EBIT | 67.49 | -303.8 | -1,090 | - |
| Operating Margin | 1.44% | -10.26% | -41.43% | - |
| Earnings before Tax (EBT) | 33.57 | -405.5 | -1,367 | - |
| Net income | 42.6 | -405.4 | -1,368 | - |
| Net margin | 0.91% | -13.69% | -51.99% | - |
| EPS | 0.0300 | -0.2500 | -0.8400 | - |
| Dividend per Share | - | - | - | - |
| Announcement Date | 5/15/23 | 8/14/23 | 11/14/23 | - |
1TWD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 16,936 | 15,479 | 7,485 | 3,456 | 7,740 | 5,387 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -41.35 x | -72.19 x | -2.852 x | 10.84 x | 4.093 x | -2.88 x |
| Free Cash Flow 1 | -7,876 | 856 | 1,129 | 579 | -4,230 | 2,979 |
| ROE (net income / shareholders' equity) | -2.5% | -24.6% | -33.8% | -8.7% | 5.7% | -25.9% |
| ROA (Net income/ Total Assets) | -3.32% | -4.14% | -7.24% | -1.61% | 1.41% | -5.91% |
| Assets 1 | 14,107 | 137,285 | 84,816 | 79,958 | 70,381 | 65,774 |
| Book Value Per Share 2 | 17.50 | 13.80 | 9.460 | 9.300 | 10.20 | 7.920 |
| Cash Flow per Share 2 | 6.720 | 4.230 | 3.290 | 3.230 | 2.960 | 2.780 |
| Capex 1 | 2,549 | 691 | 255 | 681 | 2,719 | 2,020 |
| Capex / Sales | 19.63% | 3.81% | 2.04% | 4.76% | 14.46% | 16.14% |
| Announcement Date | 3/31/19 | 3/31/20 | 3/31/21 | 3/30/22 | 3/16/23 | 3/15/24 |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -18.37% | 592M | |
| -18.69% | 19.47B | |
| +5.01% | 19.13B | |
| -13.38% | 13.47B | |
| -13.32% | 10.6B | |
| +47.19% | 7.64B | |
| -16.81% | 7.26B | |
| -30.07% | 6.63B | |
| +22.15% | 6.03B | |
| -5.83% | 5.98B |
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- Financials United Renewable Energy Co., Ltd.
