Financials WE & WIN Development Co., LTD

Equities

2537

TW0002537008

Real Estate Development & Operations

End-of-day quote Taiwan S.E. 06:00:00 2024-06-20 pm EDT 5-day change 1st Jan Change
21.45 TWD -1.38% Intraday chart for WE & WIN Development Co., LTD -13.86% +142.37%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,818 3,276 2,930 3,111 2,137 2,660
Enterprise Value (EV) 1 4,721 6,604 9,193 9,764 10,874 11,787
P/E ratio 67.2 x -12.4 x 16.6 x 7.55 x 27.4 x -44.2 x
Yield - - 4.1% 8.7% - -
Capitalization / Revenue 0.96 x 4.15 x 1.98 x 1.33 x 1.27 x 4.87 x
EV / Revenue 2.48 x 8.37 x 6.23 x 4.18 x 6.46 x 21.6 x
EV / EBITDA 57 x -173 x 41.6 x 18.4 x 42.1 x 230 x
EV / FCF -47.2 x -20.3 x -3.06 x 67 x -6.06 x -35.7 x
FCF Yield -2.12% -4.92% -32.7% 1.49% -16.5% -2.8%
Price to Book 0.44 x 0.85 x 0.73 x 0.72 x 0.52 x 0.65 x
Nbr of stocks (in thousands) 300,558 300,558 300,558 300,558 300,558 300,558
Reference price 2 6.050 10.90 9.750 10.35 7.110 8.850
Announcement Date 3/29/19 3/30/20 3/31/21 3/31/22 3/15/23 3/18/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,900 788.7 1,476 2,334 1,682 545.8
EBITDA 1 82.87 -38.26 221.1 531.6 258.2 51.24
EBIT 1 82.39 -47.41 211.3 521.1 246.5 37.29
Operating Margin 4.34% -6.01% 14.32% 22.32% 14.65% 6.83%
Earnings before Tax (EBT) 1 45.02 -256.5 182.1 454.5 124 -67.26
Net income 1 28.44 -264.3 176.4 414.7 77.9 -60.13
Net margin 1.5% -33.51% 11.95% 17.77% 4.63% -11.02%
EPS 2 0.0900 -0.8794 0.5869 1.370 0.2592 -0.2001
Free Cash Flow 1 -99.97 -324.9 -3,003 145.7 -1,795 -330.1
FCF margin -5.26% -41.19% -203.41% 6.24% -106.72% -60.48%
FCF Conversion (EBITDA) - - - 27.4% - -
FCF Conversion (Net income) - - - 35.13% - -
Dividend per Share - - 0.4000 0.9000 - -
Announcement Date 3/29/19 3/30/20 3/31/21 3/31/22 3/15/23 3/18/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,902 3,328 6,263 6,654 8,737 9,127
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 35.02 x -86.99 x 28.33 x 12.51 x 33.84 x 178.1 x
Free Cash Flow 1 -100 -325 -3,003 146 -1,795 -330
ROE (net income / shareholders' equity) 0.7% -6.63% 4.47% 9.92% 1.84% -1.46%
ROA (Net income/ Total Assets) 0.64% -0.34% 1.25% 2.4% 1.03% 0.15%
Assets 1 4,439 76,808 14,072 17,252 7,563 -39,797
Book Value Per Share 2 13.70 12.80 13.40 14.40 13.80 13.60
Cash Flow per Share 2 1.680 1.400 1.720 2.320 1.460 0.7700
Capex 1 5.5 3.73 1.32 0.09 - 2.55
Capex / Sales 0.29% 0.47% 0.09% 0% - 0.47%
Announcement Date 3/29/19 3/30/20 3/31/21 3/31/22 3/15/23 3/18/24
1TWD in Million2TWD
Estimates
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