Financials Wanshih Electronic Co., Ltd.

Equities

6134

TW0006134000

Electrical Components & Equipment

End-of-day quote Taipei Exchange 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
20.1 TWD -0.99% Intraday chart for Wanshih Electronic Co., Ltd. +0.50% +2.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 790 801.3 1,281 2,446 1,531 1,423
Enterprise Value (EV) 1 820.9 808.9 1,261 2,439 1,710 1,375
P/E ratio -34.6 x 108 x 39.7 x -62.4 x -23.2 x -29.2 x
Yield - - - 0.3% - -
Capitalization / Revenue 0.48 x 0.56 x 0.82 x 1.46 x 1.06 x 1.27 x
EV / Revenue 0.5 x 0.56 x 0.8 x 1.46 x 1.18 x 1.22 x
EV / EBITDA 9.69 x 89.1 x 33.3 x 279 x -37.7 x -158 x
EV / FCF -6.79 x 6.83 x -47.4 x -50 x -15.6 x 13.5 x
FCF Yield -14.7% 14.6% -2.11% -2% -6.39% 7.38%
Price to Book 1.15 x 1.21 x 1.72 x 2.74 x 2.06 x 1.95 x
Nbr of stocks (in thousands) 67,580 67,580 72,580 72,580 72,580 72,585
Reference price 2 11.69 11.86 17.65 33.70 21.10 19.60
Announcement Date 4/1/19 3/24/20 3/26/21 3/30/22 3/27/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,640 1,441 1,571 1,674 1,446 1,123
EBITDA 1 84.75 9.08 37.89 8.728 -45.33 -8.727
EBIT 1 -3.839 -64.03 -23.94 -69.36 -116.3 -71.44
Operating Margin -0.23% -4.44% -1.52% -4.14% -8.05% -6.36%
Earnings before Tax (EBT) 1 -31.11 -14.6 17.88 -40.6 -75.19 -56.03
Net income 1 -22.81 7.437 29.62 -39.03 -66.11 -48.77
Net margin -1.39% 0.52% 1.89% -2.33% -4.57% -4.34%
EPS 2 -0.3375 0.1100 0.4450 -0.5400 -0.9108 -0.6719
Free Cash Flow 1 -120.9 118.4 -26.58 -48.77 -109.3 101.5
FCF margin -7.38% 8.22% -1.69% -2.91% -7.56% 9.04%
FCF Conversion (EBITDA) - 1,304.09% - - - -
FCF Conversion (Net income) - 1,592.19% - - - -
Dividend per Share - - - 0.1000 - -
Announcement Date 4/1/19 3/24/20 3/26/21 3/30/22 3/27/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 30.9 7.55 - - 179 -
Net Cash position 1 - - 20.2 6.87 - 47.7
Leverage (Debt/EBITDA) 0.3647 x 0.8319 x - - -3.941 x -
Free Cash Flow 1 -121 118 -26.6 -48.8 -109 101
ROE (net income / shareholders' equity) -3.69% -0.91% 2.94% -5.12% -7.75% -5.86%
ROA (Net income/ Total Assets) -0.14% -2.53% -0.9% -2.45% -4.2% -2.79%
Assets 1 16,200 -294.4 -3,275 1,594 1,575 1,747
Book Value Per Share 2 10.20 9.800 10.20 12.30 10.20 10.00
Cash Flow per Share 2 2.940 4.310 4.400 4.010 3.420 3.760
Capex 1 94.3 46.9 68.8 94.2 88.1 34.1
Capex / Sales 5.75% 3.25% 4.38% 5.63% 6.09% 3.03%
Announcement Date 4/1/19 3/24/20 3/26/21 3/30/22 3/27/23 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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