End-of-day quote
Taipei Exchange
23:00:00 02/05/2024 BST
|
5-day change
|
1st Jan Change
|
3,235
TWD
|
+3.35%
|
|
+7.12%
|
+3.69%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
32,783
|
58,859
|
122,540
|
63,728
|
118,001
|
122,350
|
-
|
-
|
Enterprise Value (EV)
1 |
31,308
|
57,396
|
120,586
|
60,924
|
116,016
|
119,460
|
117,972
|
116,300
|
P/E ratio
|
39.3
x
|
58.4
x
|
93.4
x
|
30.4
x
|
117
x
|
67.4
x
|
45.7
x
|
30.5
x
|
Yield
|
1.88%
|
1.52%
|
0.98%
|
2.67%
|
0.64%
|
1.13%
|
1.71%
|
2.61%
|
Capitalization / Revenue
|
13.2
x
|
19.2
x
|
33.7
x
|
12.2
x
|
37.7
x
|
25.6
x
|
18.1
x
|
12
x
|
EV / Revenue
|
12.6
x
|
18.7
x
|
33.1
x
|
11.7
x
|
37.1
x
|
25
x
|
17.4
x
|
11.4
x
|
EV / EBITDA
|
26.9
x
|
38.8
x
|
64.4
x
|
22.7
x
|
83.7
x
|
56.1
x
|
34.5
x
|
22.2
x
|
EV / FCF
|
34
x
|
52.7
x
|
75.6
x
|
27.8
x
|
297
x
|
69.2
x
|
44.5
x
|
-
|
FCF Yield
|
2.94%
|
1.9%
|
1.32%
|
3.59%
|
0.34%
|
1.44%
|
2.25%
|
-
|
Price to Book
|
12.4
x
|
19.5
x
|
34.6
x
|
14.2
x
|
30.8
x
|
23
x
|
23
x
|
15.9
x
|
Nbr of stocks (in thousands)
|
37,603
|
37,752
|
37,810
|
37,821
|
37,821
|
37,821
|
-
|
-
|
Reference price
2 |
871.8
|
1,559
|
3,241
|
1,685
|
3,120
|
3,235
|
3,235
|
3,235
|
Announcement Date
|
02/03/20
|
08/03/21
|
08/03/22
|
23/03/23
|
14/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,484
|
3,064
|
3,638
|
5,210
|
3,130
|
4,774
|
6,776
|
10,170
|
EBITDA
1 |
1,163
|
1,478
|
1,871
|
2,689
|
1,385
|
2,128
|
3,418
|
5,243
|
EBIT
1 |
1,008
|
1,271
|
1,652
|
2,449
|
1,080
|
2,052
|
3,240
|
5,217
|
Operating Margin
|
40.59%
|
41.48%
|
45.42%
|
47%
|
34.49%
|
42.99%
|
47.82%
|
51.3%
|
Earnings before Tax (EBT)
1 |
1,011
|
1,227
|
1,610
|
2,615
|
1,195
|
2,222
|
3,330
|
-
|
Net income
1 |
831.2
|
1,005
|
1,313
|
2,106
|
1,007
|
1,850
|
2,730
|
3,999
|
Net margin
|
33.46%
|
32.79%
|
36.09%
|
40.41%
|
32.16%
|
38.76%
|
40.29%
|
39.32%
|
EPS
2 |
22.17
|
26.71
|
34.70
|
55.35
|
26.66
|
47.96
|
70.73
|
105.9
|
Free Cash Flow
1 |
919.7
|
1,090
|
1,595
|
2,189
|
390
|
1,726
|
2,650
|
-
|
FCF margin
|
37.02%
|
35.57%
|
43.84%
|
42.02%
|
12.46%
|
36.15%
|
39.11%
|
-
|
FCF Conversion (EBITDA)
|
79.1%
|
73.71%
|
85.23%
|
81.41%
|
28.15%
|
81.11%
|
77.52%
|
-
|
FCF Conversion (Net income)
|
110.64%
|
108.45%
|
121.46%
|
103.97%
|
38.74%
|
93.27%
|
97.06%
|
-
|
Dividend per Share
2 |
16.36
|
23.64
|
31.82
|
45.00
|
20.00
|
36.47
|
55.19
|
84.40
|
Announcement Date
|
02/03/20
|
08/03/21
|
08/03/22
|
23/03/23
|
14/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
939
|
1,031
|
1,152
|
1,425
|
1,307
|
1,327
|
669.4
|
674.2
|
796.7
|
984.2
|
1,004
|
1,096
|
1,262
|
1,421
|
1,314
|
EBITDA
1 |
496.1
|
551.2
|
601.7
|
751.4
|
-
|
685
|
288.2
|
291.6
|
339.5
|
466.2
|
440
|
503.3
|
585
|
696.7
|
699.6
|
EBIT
1 |
441
|
496
|
545.5
|
694.2
|
592.6
|
616.6
|
209.4
|
214.9
|
263.2
|
392
|
392.4
|
454.9
|
562.7
|
640.2
|
587.4
|
Operating Margin
|
46.97%
|
48.09%
|
47.37%
|
48.71%
|
45.35%
|
46.48%
|
31.29%
|
31.88%
|
33.04%
|
39.83%
|
39.1%
|
41.51%
|
44.58%
|
45.04%
|
44.71%
|
Earnings before Tax (EBT)
1 |
433.7
|
497.2
|
589.1
|
711.4
|
746.1
|
568.3
|
229.4
|
283.3
|
339.5
|
342.6
|
419
|
487.3
|
607.7
|
708.7
|
537
|
Net income
1 |
344.3
|
420.4
|
468.1
|
563.4
|
598.3
|
475.8
|
186.3
|
240.4
|
270.5
|
309.7
|
353.7
|
401.6
|
486
|
564
|
503.7
|
Net margin
|
36.66%
|
40.76%
|
40.65%
|
39.53%
|
45.79%
|
35.86%
|
27.83%
|
35.65%
|
33.95%
|
31.47%
|
35.24%
|
36.65%
|
38.5%
|
39.68%
|
38.34%
|
EPS
2 |
9.100
|
11.12
|
12.37
|
14.87
|
15.77
|
12.42
|
4.920
|
6.370
|
7.150
|
8.200
|
9.234
|
10.48
|
12.70
|
14.73
|
13.33
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
38.33
|
-
|
-
|
Announcement Date
|
09/11/21
|
08/03/22
|
10/05/22
|
12/08/22
|
11/11/22
|
23/03/23
|
12/05/23
|
10/08/23
|
13/11/23
|
14/03/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,475
|
1,463
|
1,954
|
2,804
|
1,984
|
2,890
|
4,378
|
6,050
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
920
|
1,090
|
1,595
|
2,189
|
390
|
1,726
|
2,650
|
-
|
ROE (net income / shareholders' equity)
|
33.5%
|
34.8%
|
40.1%
|
52.4%
|
24.2%
|
41.7%
|
59%
|
48.6%
|
ROA (Net income/ Total Assets)
|
26.6%
|
26.6%
|
31.8%
|
40.2%
|
19.2%
|
30.1%
|
40.2%
|
-
|
Assets
1 |
3,126
|
3,771
|
4,134
|
5,242
|
5,236
|
6,146
|
6,797
|
-
|
Book Value Per Share
2 |
70.00
|
79.90
|
93.80
|
119.0
|
101.0
|
141.0
|
141.0
|
204.0
|
Cash Flow per Share
2 |
29.80
|
31.90
|
44.60
|
75.90
|
38.80
|
50.60
|
70.60
|
-
|
Capex
1 |
81.6
|
87
|
93.1
|
120
|
129
|
117
|
122
|
200
|
Capex / Sales
|
3.29%
|
2.84%
|
2.56%
|
2.31%
|
4.11%
|
2.44%
|
1.8%
|
1.97%
|
Announcement Date
|
02/03/20
|
08/03/21
|
08/03/22
|
23/03/23
|
14/03/24
|
-
|
-
|
-
|
Last Close Price
3,235
TWD Average target price
3,343
TWD Spread / Average Target +3.35% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.69% | 3.79B | | +79.29% | 2,185B | | +31.53% | 627B | | +14.50% | 592B | | +2.16% | 243B | | +24.21% | 200B | | +4.96% | 163B | | -38.51% | 132B | | +34.40% | 127B | | +35.34% | 105B |
Other Semiconductors
|