Financials Well Shin Technology Co., Ltd.

Equities

3501

TW0003501003

Electrical Components & Equipment

End-of-day quote Taiwan S.E. 06:00:00 2024-05-19 pm EDT 5-day change 1st Jan Change
68 TWD +1.49% Intraday chart for Well Shin Technology Co., Ltd. +2.41% +31.53%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 5,960 5,996 5,700 5,854 6,114 8,042 -
Enterprise Value (EV) 1 5,960 5,996 5,700 5,854 6,114 8,042 8,042
P/E ratio 11.5 x 14.1 x 16.6 x 7.71 x 12.1 x 12.3 x 10.8 x
Yield - - - - - - -
Capitalization / Revenue - 1.29 x 1.02 x 0.95 x - 1.35 x 1.23 x
EV / Revenue - 1.29 x 1.02 x 0.95 x - 1.35 x 1.23 x
EV / EBITDA - 8.62 x 9.03 x 6.62 x - 7.95 x 7.53 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - - - - - -
Nbr of stocks (in thousands) 118,258 118,258 118,258 118,258 118,258 118,258 -
Reference price 2 50.40 50.70 48.20 49.50 51.70 68.00 68.00
Announcement Date 3/24/20 3/24/21 3/25/22 3/24/23 3/15/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 - 4,661 5,582 6,159 - 5,955 6,539
EBITDA 1 - 695.2 631.2 884.1 - 1,012 1,068
EBIT 1 - 542.7 436.6 734.1 - 823 950
Operating Margin - 11.64% 7.82% 11.92% - 13.82% 14.53%
Earnings before Tax (EBT) 1 - 563.2 499.3 998.3 - 880 1,008
Net income 1 520.5 424.1 345.3 759.5 507.5 653 748
Net margin - 9.1% 6.19% 12.33% - 10.97% 11.44%
EPS 2 4.380 3.590 2.910 6.420 4.270 5.520 6.320
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 3/24/20 3/24/21 3/25/22 3/24/23 3/15/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,507 1,435 1,553 1,697 1,474 1,297 1,371 1,379 1,449 1,629 1,586 1,430 1,587
EBITDA - - - - - - - - - - - - -
EBIT 1 88.02 99.62 148.9 276.8 208.8 146.3 123.1 179.1 197 245 231 189 226
Operating Margin 5.84% 6.94% 9.58% 16.31% 14.17% 11.28% 8.98% 12.99% 13.6% 15.04% 14.56% 13.22% 14.24%
Earnings before Tax (EBT) 1 69.72 156.5 240.1 435 166.7 133.9 219.2 238.3 212 259 246 203 240
Net income 1 47.32 114.2 182.6 333.9 128.8 93.65 143.7 189.2 153 194 184 150 174
Net margin 3.14% 7.96% 11.75% 19.68% 8.74% 7.22% 10.48% 13.72% 10.56% 11.91% 11.6% 10.49% 10.96%
EPS 2 0.4000 0.9600 1.540 2.810 1.090 0.7900 1.220 1.600 1.300 1.640 1.560 1.270 1.470
Dividend per Share - - - - - - - - - - - - -
Announcement Date 3/25/22 5/12/22 8/11/22 11/10/22 3/24/23 5/11/23 8/10/23 5/11/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 7.21% 5.81% 12.1% - 9.55% 10.5%
ROA (Net income/ Total Assets) - 5.45% 4.27% 8.93% - 7.17% 7.91%
Assets 1 - 7,787 8,084 8,505 - 9,107 9,456
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 - 109 78.9 108 - 300 100
Capex / Sales - 2.35% 1.41% 1.76% - 5.04% 1.53%
Announcement Date 3/24/20 3/24/21 3/25/22 3/24/23 3/15/24 - -
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
68 TWD
Average target price
70 TWD
Spread / Average Target
+2.94%
Consensus
  1. Stock Market
  2. Equities
  3. 3501 Stock
  4. Financials Well Shin Technology Co., Ltd.
-40% Exceptional extension: Our subscriptions help you unlock the best investment opportunities.
BENEFIT NOW