Financials Jiin Ming Industry Co., Ltd.

Equities

3230

TW0003230009

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
12.4 TWD 0.00% Intraday chart for Jiin Ming Industry Co., Ltd. +23.38% +31.63%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 650.8 553.8 656.2 748.8 1,299 916
Enterprise Value (EV) 1 688.9 508.4 748 854 1,705 1,330
P/E ratio -3.29 x -3.23 x -9.67 x 61 x -35.9 x -6.96 x
Yield - - - - - -
Capitalization / Revenue 0.79 x 0.78 x 0.67 x 0.61 x 0.93 x 0.94 x
EV / Revenue 0.84 x 0.71 x 0.76 x 0.7 x 1.21 x 1.37 x
EV / EBITDA -33.8 x -6.73 x 7.84 x 5.74 x 15.6 x -30.9 x
EV / FCF 5.78 x -4.54 x -9.09 x 108 x -3.88 x 23.7 x
FCF Yield 17.3% -22% -11% 0.93% -25.8% 4.22%
Price to Book 0.63 x 0.67 x 0.89 x 0.98 x 1.44 x 1.17 x
Nbr of stocks (in thousands) 60,106 59,011 59,011 59,011 71,011 71,011
Reference price 2 10.83 9.385 11.12 12.69 18.30 12.90
Announcement Date 30/03/18 28/03/19 30/03/20 30/03/21 30/03/22 29/03/23
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 820.3 711.5 986.2 1,218 1,405 973.3
EBITDA 1 -20.41 -75.57 95.43 148.7 109.4 -43.08
EBIT 1 -150.1 -188.4 -1.146 54.6 10.43 -149.1
Operating Margin -18.3% -26.49% -0.12% 4.48% 0.74% -15.32%
Earnings before Tax (EBT) 1 -193.4 -168.4 -55.19 38.64 -10.44 -125
Net income 1 -194.4 -171.2 -67.4 12.27 -32.18 -131.7
Net margin -23.69% -24.07% -6.83% 1.01% -2.29% -13.53%
EPS 2 -3.294 -2.903 -1.150 0.2079 -0.5100 -1.855
Free Cash Flow 1 119.2 -111.9 -82.33 7.932 -439.4 56.07
FCF margin 14.53% -15.73% -8.35% 0.65% -31.28% 5.76%
FCF Conversion (EBITDA) - - - 5.33% - -
FCF Conversion (Net income) - - - 64.65% - -
Dividend per Share - - - - - -
Announcement Date 30/03/18 28/03/19 30/03/20 30/03/21 30/03/22 29/03/23
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 38.1 - 91.9 105 405 414
Net Cash position 1 - 45.4 - - - -
Leverage (Debt/EBITDA) -1.869 x - 0.9626 x 0.7071 x 3.702 x -9.604 x
Free Cash Flow 1 119 -112 -82.3 7.93 -439 56.1
ROE (net income / shareholders' equity) -17.4% -18.7% -8.62% 1.64% -3.87% -15.6%
ROA (Net income/ Total Assets) -5.65% -8.96% -0.06% 2.67% 0.4% -5.06%
Assets 1 3,442 1,912 113,089 459.3 -8,105 2,602
Book Value Per Share 2 17.10 14.00 12.50 12.90 12.70 11.00
Cash Flow per Share 2 3.380 2.300 2.030 1.780 4.830 3.740
Capex 1 57.3 76 65.8 77.1 491 79.5
Capex / Sales 6.99% 10.69% 6.67% 6.33% 34.96% 8.17%
Announcement Date 30/03/18 28/03/19 30/03/20 30/03/21 30/03/22 29/03/23
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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