Financials LB Semicon Inc.

Equities

A061970

KR7061970000

Semiconductor Equipment & Testing

End-of-day quote Korea S.E. 23:00:00 06/06/2024 BST 5-day change 1st Jan Change
6,840 KRW -1.30% Intraday chart for LB Semicon Inc. +0.29% -11.51%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 178,860 341,520 645,823 584,524 288,540 338,455
Enterprise Value (EV) 1 322,145 505,821 834,391 744,495 494,945 544,739
P/E ratio 11.7 x 10.5 x 23.9 x 18 x 7.18 x -22.3 x
Yield - 0.64% 0.34% 0.37% - -
Capitalization / Revenue 0.65 x 0.87 x 1.46 x 1.18 x 0.55 x 0.81 x
EV / Revenue 1.17 x 1.3 x 1.88 x 1.5 x 0.94 x 1.31 x
EV / EBITDA 4.82 x 4.85 x 8.28 x 6.16 x 3.39 x 6.49 x
EV / FCF -17.6 x -93.9 x -16.9 x -15.6 x -11.2 x 34.6 x
FCF Yield -5.7% -1.06% -5.92% -6.4% -8.9% 2.89%
Price to Book 1.53 x 2.28 x 3.71 x 2.56 x 1.07 x 1.34 x
Nbr of stocks (in thousands) 43,785 43,785 43,785 43,785 43,785 43,785
Reference price 2 4,085 7,800 14,750 13,350 6,590 7,730
Announcement Date 18/03/19 16/03/20 18/03/21 14/03/22 17/03/23 18/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 275,662 390,436 442,790 496,237 524,605 416,871
EBITDA 1 66,827 104,393 100,817 120,864 146,055 83,950
EBIT 1 27,449 50,435 42,765 44,225 56,797 -12,705
Operating Margin 9.96% 12.92% 9.66% 8.91% 10.83% -3.05%
Earnings before Tax (EBT) 1 24,692 45,932 38,385 41,931 53,842 -27,061
Net income 1 15,282 32,574 27,057 32,537 40,208 -15,181
Net margin 5.54% 8.34% 6.11% 6.56% 7.66% -3.64%
EPS 2 349.0 744.0 618.0 743.1 918.3 -347.0
Free Cash Flow 1 -18,352 -5,387 -49,424 -47,671 -44,052 15,757
FCF margin -6.66% -1.38% -11.16% -9.61% -8.4% 3.78%
FCF Conversion (EBITDA) - - - - - 18.77%
FCF Conversion (Net income) - - - - - -
Dividend per Share - 50.00 50.00 50.00 - -
Announcement Date 18/03/19 16/03/20 18/03/21 14/03/22 17/03/23 18/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3
Net sales 1 131.3 132.7 144.6 131.8 115.4 103.3 104.6
EBITDA - - - - - - -
EBIT 4.677 16.95 19.83 16.35 3.675 0.4104 -
Operating Margin 3.56% 12.77% 13.71% 12.4% 3.18% 0.4% -
Earnings before Tax (EBT) 3.447 16.28 19.86 15.6 2.111 - -
Net income 1 2.508 11.53 12.07 11.32 5.293 - -6.064
Net margin 1.91% 8.69% 8.35% 8.58% 4.58% - -5.8%
EPS 2 - - - - - - -139.0
Dividend per Share - - - - - - -
Announcement Date 03/03/22 26/04/22 25/07/22 27/10/22 28/02/23 14/08/23 14/11/23
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 143,285 164,301 188,568 159,971 206,404 206,284
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.144 x 1.574 x 1.87 x 1.324 x 1.413 x 2.457 x
Free Cash Flow 1 -18,352 -5,387 -49,424 -47,671 -44,052 15,757
ROE (net income / shareholders' equity) 14.9% 21.4% 15.5% 13.8% 12.5% -4.44%
ROA (Net income/ Total Assets) 5.57% 7.35% 5.31% 4.5% 4.84% -1.02%
Assets 1 274,298 443,316 509,232 722,650 831,076 1,489,610
Book Value Per Share 2 2,663 3,419 3,977 5,222 6,142 5,769
Cash Flow per Share 2 268.0 636.0 985.0 1,306 1,599 2,650
Capex 1 81,629 106,703 86,499 157,902 162,659 75,940
Capex / Sales 29.61% 27.33% 19.53% 31.82% 31.01% 18.22%
Announcement Date 18/03/19 16/03/20 18/03/21 14/03/22 17/03/23 18/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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