Financials Yi Jinn Industrial Co., Ltd.

Equities

1457

TW0001457000

Textiles & Leather Goods

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
23.55 TWD +1.73% Intraday chart for Yi Jinn Industrial Co., Ltd. +17.75% +26.61%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,930 3,205 3,683 4,363 4,172 4,137
Enterprise Value (EV) 1 10,604 11,975 11,774 12,837 12,794 12,840
P/E ratio 6.09 x 14.1 x 5.73 x 21.7 x 4.12 x 7.29 x
Yield 5.45% 6.97% 9.09% 3.07% 5.35% 5.38%
Capitalization / Revenue 0.52 x 0.79 x 1.36 x 1.05 x 0.96 x 1.33 x
EV / Revenue 1.88 x 2.94 x 4.35 x 3.1 x 2.95 x 4.11 x
EV / EBITDA 18.6 x 28.2 x 92.1 x 25.4 x 26.9 x 65.9 x
EV / FCF 10.8 x -12.8 x 11 x 46.1 x 25.2 x -8.88 x
FCF Yield 9.26% -7.84% 9.06% 2.17% 3.97% -11.3%
Price to Book 0.68 x 0.78 x 0.8 x 0.95 x 0.81 x 0.75 x
Nbr of stocks (in thousands) 228,031 223,343 223,183 223,183 223,083 222,399
Reference price 2 12.85 14.35 16.50 19.55 18.70 18.60
Announcement Date 3/29/19 3/31/20 3/31/21 3/29/22 3/27/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,647 4,071 2,707 4,146 4,335 3,121
EBITDA 1 571.5 425.3 127.8 504.8 476 194.8
EBIT 1 401.1 260.3 -16.57 330 296.1 -4.77
Operating Margin 7.1% 6.39% -0.61% 7.96% 6.83% -0.15%
Earnings before Tax (EBT) 1 739.9 650.6 810.3 396.7 2,155 1,287
Net income 1 495.4 230.3 644.3 200.6 1,014 567.1
Net margin 8.77% 5.66% 23.8% 4.84% 23.39% 18.17%
EPS 2 2.110 1.021 2.882 0.8989 4.540 2.550
Free Cash Flow 1 982.3 -938.4 1,067 278.5 507.4 -1,447
FCF margin 17.39% -23.05% 39.42% 6.72% 11.7% -46.36%
FCF Conversion (EBITDA) 171.87% - 834.73% 55.16% 106.59% -
FCF Conversion (Net income) 198.28% - 165.64% 138.81% 50.04% -
Dividend per Share 2 0.7000 1.000 1.500 0.6000 1.000 1.000
Announcement Date 3/29/19 3/31/20 3/31/21 3/29/22 3/27/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 7,674 8,771 8,091 8,474 8,623 8,703
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.43 x 20.62 x 63.29 x 16.79 x 18.12 x 44.68 x
Free Cash Flow 1 982 -938 1,067 278 507 -1,447
ROE (net income / shareholders' equity) 10.1% 8.42% 8.34% 4.68% 24% 11.6%
ROA (Net income/ Total Assets) 1.67% 0.94% -0.06% 1.14% 0.96% -0.01%
Assets 1 29,689 24,550 -1,120,447 17,652 105,379 -3,857,959
Book Value Per Share 2 18.80 18.50 20.70 20.60 23.10 24.70
Cash Flow per Share 2 1.560 2.300 2.150 2.240 1.800 1.430
Capex 1 206 118 113 43.9 37.6 22.5
Capex / Sales 3.65% 2.89% 4.18% 1.06% 0.87% 0.72%
Announcement Date 3/29/19 3/31/20 3/31/21 3/29/22 3/27/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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