Financials Ginar Technology Co.,Ltd.

Equities

6151

TW0006151004

Commodity Chemicals

End-of-day quote Taipei Exchange 23:00:00 02/05/2024 BST 5-day change 1st Jan Change
26.65 TWD +0.38% Intraday chart for Ginar Technology Co.,Ltd. +1.91% -0.93%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,120 1,113 1,323 2,045 1,456 1,486
Enterprise Value (EV) 1 1,573 1,090 1,356 2,210 1,567 1,558
P/E ratio 14.3 x 15.3 x 11.4 x 9.23 x 14.2 x 17.5 x
Yield 6.28% 4.96% 7.52% 8.11% 7.59% 5.58%
Capitalization / Revenue 0.58 x 0.66 x 0.81 x 0.83 x 0.86 x 0.95 x
EV / Revenue 0.82 x 0.65 x 0.83 x 0.9 x 0.92 x 1 x
EV / EBITDA 9.17 x 7.57 x 7.34 x 6.85 x 8.72 x 10.5 x
EV / FCF -12.2 x 2.06 x -515 x -66.9 x 8.73 x 11.3 x
FCF Yield -8.21% 48.6% -0.19% -1.5% 11.5% 8.84%
Price to Book 1.24 x 1.23 x 1.37 x 1.89 x 1.39 x 1.48 x
Nbr of stocks (in thousands) 54,102 55,257 55,257 55,257 55,257 55,257
Reference price 2 20.70 20.15 23.95 37.00 26.35 26.90
Announcement Date 01/04/19 31/03/20 30/03/21 29/03/22 24/03/23 28/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,916 1,675 1,641 2,459 1,702 1,558
EBITDA 1 171.6 143.9 184.7 322.5 179.7 149
EBIT 1 110.2 81.58 132.7 276.3 128.4 92.65
Operating Margin 5.75% 4.87% 8.08% 11.24% 7.54% 5.95%
Earnings before Tax (EBT) 1 107.3 88.8 145 286.2 135.1 104.7
Net income 1 80.58 73.3 116.6 223.2 103.3 85.38
Net margin 4.21% 4.38% 7.1% 9.08% 6.07% 5.48%
EPS 2 1.450 1.320 2.100 4.010 1.860 1.540
Free Cash Flow 1 -129.1 530 -2.631 -33.05 179.6 137.8
FCF margin -6.74% 31.65% -0.16% -1.34% 10.56% 8.84%
FCF Conversion (EBITDA) - 368.28% - - 99.98% 92.46%
FCF Conversion (Net income) - 723.03% - - 173.83% 161.38%
Dividend per Share 2 1.300 1.000 1.800 3.000 2.000 1.500
Announcement Date 01/04/19 31/03/20 30/03/21 29/03/22 24/03/23 28/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 453 - 32.5 165 111 71.6
Net Cash position 1 - 23.7 - - - -
Leverage (Debt/EBITDA) 2.638 x - 0.1761 x 0.5127 x 0.6203 x 0.4802 x
Free Cash Flow 1 -129 530 -2.63 -33 180 138
ROE (net income / shareholders' equity) 8.55% 8.01% 12.4% 21.8% 9.72% 8.34%
ROA (Net income/ Total Assets) 3.79% 3.26% 5.49% 9.9% 4.56% 3.46%
Assets 1 2,124 2,249 2,121 2,255 2,266 2,466
Book Value Per Share 2 16.70 16.40 17.50 19.60 18.90 18.10
Cash Flow per Share 2 0.5800 0.7200 0.4500 0.8600 1.730 2.650
Capex 1 44.1 14 84.1 143 62.2 36.6
Capex / Sales 2.3% 0.84% 5.12% 5.82% 3.66% 2.35%
Announcement Date 01/04/19 31/03/20 30/03/21 29/03/22 24/03/23 28/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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