Financials Xintec Inc.

Equities

3374

TW0003374005

Semiconductors

End-of-day quote Taipei Exchange 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
117 TWD +0.43% Intraday chart for Xintec Inc. 0.00% -8.24%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 21,874 49,795 38,805 26,132 34,599 31,750 -
Enterprise Value (EV) 1 21,874 49,472 36,693 26,132 34,599 31,750 31,750
P/E ratio - 29 x 20.8 x 13.4 x 25.3 x 19.1 x 21.1 x
Yield - - 2.1% - - - -
Capitalization / Revenue 4,700,799 x 6,841,901 x 5,061,088 x 3,379,859 x 5,417,201 x - -
EV / Revenue 4,700,799 x 6,841,900 x 5,061,088 x 3,379,859 x 5,417,201 x - -
EV / EBITDA 20.5 x 19.1 x 12.6 x 8.04 x - 10.6 x 9.62 x
EV / FCF - 35,575,706 x 17,348,828 x 11,824,785 x - - -
FCF Yield - 0% 0% 0% - - -
Price to Book - 9.93 x 6.24 x - - - -
Nbr of stocks (in thousands) 271,723 271,364 271,364 271,364 271,364 271,364 -
Reference price 2 80.50 183.5 143.0 96.30 127.5 117.0 117.0
Announcement Date 2/11/20 2/2/21 2/16/22 2/13/23 2/6/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 4,653 7,278 7,667 7,732 6,387 - -
EBITDA 1 1,070 2,600 3,069 3,250 - 2,999 3,301
EBIT 1 233.5 1,763 2,208 2,459 1,705 1,743 1,878
Operating Margin 5.02% 24.22% 28.8% 31.8% 26.7% - -
Earnings before Tax (EBT) 1 - 1,727 2,199 2,501 1,751 1,773 1,880
Net income 1 - 1,727 1,877 1,984 1,376 1,418 1,504
Net margin - 23.73% 24.48% 25.66% 21.54% - -
EPS 2 - 6.330 6.860 7.210 5.030 6.115 5.540
Free Cash Flow - 1,400 2,237 2,210 - - -
FCF margin - 19.23% 29.17% 28.58% - - -
FCF Conversion (EBITDA) - 53.83% 72.88% 67.99% - - -
FCF Conversion (Net income) - 81.05% 119.16% 111.4% - - -
Dividend per Share - - 3.000 - - - -
Announcement Date 2/11/20 2/2/21 2/16/22 2/13/23 2/6/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,194 1,842 1,671 2,136 2,125 1,799 1,315 1,408 1,882 1,380 1,446 1,998 1,922 1,436
EBITDA 904.3 766.1 631.3 939.9 900.4 778.8 - - - - - - - -
EBIT 1 679.7 558 432.6 739.3 701.2 585.6 274.2 280.5 581 294 295 610 542 354
Operating Margin 30.98% 30.29% 25.89% 34.61% 33% 32.54% 20.86% 19.92% 30.87% 21.3% 20.4% 30.53% 28.2% 24.65%
Earnings before Tax (EBT) 1 678.3 555.7 440.2 753.2 746.2 561.4 277.3 306.2 633.2 300 304 618 551 352
Net income 1 585.2 452.6 356 570.2 603.6 453.9 227.9 199.1 513.9 240 243 495 441 281
Net margin 26.67% 24.57% 21.3% 26.69% 28.41% 25.22% 17.33% 14.14% 27.31% 17.39% 16.8% 24.77% 22.94% 19.57%
EPS 2 2.140 1.650 1.310 2.090 2.200 1.630 0.8400 0.7300 1.890 0.8800 0.9000 1.820 1.620 1.040
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/12/21 2/16/22 5/7/22 8/10/22 11/9/22 2/13/23 5/8/23 8/8/23 11/7/23 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - 323 2,112 - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - 1,400 2,237 2,210 - - -
ROE (net income / shareholders' equity) 5.7% 41.6% 33.4% - 17.9% 16.1% 15.4%
ROA (Net income/ Total Assets) 2.87% 24.8% 23.6% - - 13% 12.7%
Assets 1 - 6,960 7,964 - - 10,899 11,824
Book Value Per Share - 18.50 22.90 - - - -
Cash Flow per Share - 8.640 11.30 - - - -
Capex 1 388 957 842 796 - 1,955 1,000
Capex / Sales 8.33% 13.15% 10.98% 10.3% - - -
Announcement Date 2/11/20 2/2/21 2/16/22 2/13/23 2/6/24 - -
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
117 TWD
Average target price
128.3 TWD
Spread / Average Target
+9.69%
Consensus
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  4. Financials Xintec Inc.