Financials BIONET Corp.

Equities

1784

TW0001784007

Biotechnology & Medical Research

End-of-day quote Taipei Exchange 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
65.5 TWD -1.21% Intraday chart for BIONET Corp. -1.80% +12.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,310 1,925 1,920 1,880 2,063 2,737
Enterprise Value (EV) 1 896.4 1,542 1,544 1,511 1,640 1,875
P/E ratio 53.9 x 290 x 151 x 70.7 x 54.9 x 35 x
Yield 1.06% 0.32% 0.45% 1.23% 1.59% 1.22%
Capitalization / Revenue 1.7 x 2.48 x 2.38 x 2.04 x 2.1 x 2.43 x
EV / Revenue 1.16 x 1.99 x 1.91 x 1.64 x 1.67 x 1.66 x
EV / EBITDA 14.7 x 44.4 x 66 x 27.4 x 19.7 x 17.2 x
EV / FCF -2,991 x 71.9 x 37.4 x -151 x 26.6 x 26.7 x
FCF Yield -0.03% 1.39% 2.67% -0.66% 3.76% 3.74%
Price to Book 1.15 x 1.8 x 1.79 x 1.72 x 1.91 x 2.31 x
Nbr of stocks (in thousands) 49,627 47,483 47,513 47,475 46,993 47,117
Reference price 2 26.40 40.55 40.40 39.60 43.90 58.10
Announcement Date 29/03/19 30/03/20 30/03/21 31/03/22 31/03/23 19/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 770.6 775.6 806.6 921.4 980.4 1,127
EBITDA 1 60.96 34.7 23.41 55.17 83.41 109.1
EBIT 1 34.23 8.19 -3.808 31.21 56.82 84.69
Operating Margin 4.44% 1.06% -0.47% 3.39% 5.8% 7.51%
Earnings before Tax (EBT) 1 45.79 25.76 6.422 41.19 70.46 107.1
Net income 1 24.23 6.803 12.74 26.62 37.97 78.4
Net margin 3.14% 0.88% 1.58% 2.89% 3.87% 6.95%
EPS 2 0.4900 0.1400 0.2682 0.5600 0.8000 1.660
Free Cash Flow 1 -0.2998 21.44 41.31 -10.01 61.69 70.21
FCF margin -0.04% 2.76% 5.12% -1.09% 6.29% 6.23%
FCF Conversion (EBITDA) - 61.78% 176.51% - 73.96% 64.38%
FCF Conversion (Net income) - 315.14% 324.26% - 162.47% 89.56%
Dividend per Share 2 0.2800 0.1300 0.1800 0.4858 0.6965 0.7100
Announcement Date 29/03/19 30/03/20 30/03/21 31/03/22 31/03/23 19/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 414 384 375 369 423 862
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.3 21.4 41.3 -10 61.7 70.2
ROE (net income / shareholders' equity) 2.75% 1.57% 0.1% 2.51% 4.06% 5.34%
ROA (Net income/ Total Assets) 1.19% 0.29% -0.14% 1.11% 1.96% 2.53%
Assets 1 2,044 2,356 -9,361 2,401 1,937 3,101
Book Value Per Share 2 22.90 22.50 22.60 23.00 23.00 25.10
Cash Flow per Share 2 2.000 1.660 2.690 2.550 3.440 5.040
Capex 1 16.6 11.6 26.8 10.2 28.9 20
Capex / Sales 2.16% 1.5% 3.33% 1.1% 2.95% 1.78%
Announcement Date 29/03/19 30/03/20 30/03/21 31/03/22 31/03/23 19/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 1784 Stock
  4. Financials BIONET Corp.