Financials Longchen Paper & Packaging Co., Ltd.

Equities

1909

TW0001909000

Paper Packaging

End-of-day quote Taiwan S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
15.45 TWD -0.32% Intraday chart for Longchen Paper & Packaging Co., Ltd. +6.19% +4.39%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 16,155 17,574 28,311 31,176 20,857 19,620
Enterprise Value (EV) 1 54,433 54,528 66,376 69,587 61,101 60,100
P/E ratio 17.4 x 33.4 x 30.2 x 13.3 x -23 x -19.2 x
Yield 3.51% 1.99% 2.58% 4.92% 1.53% -
Capitalization / Revenue 0.31 x 0.37 x 0.68 x 0.55 x 0.39 x 0.42 x
EV / Revenue 1.04 x 1.14 x 1.6 x 1.23 x 1.15 x 1.29 x
EV / EBITDA 11.2 x 13.3 x 14.3 x 10.5 x 26.8 x 31.4 x
EV / FCF -15.7 x 68.6 x -30.4 x -83.6 x -399 x 859 x
FCF Yield -6.35% 1.46% -3.29% -1.2% -0.25% 0.12%
Price to Book 0.77 x 0.84 x 1.17 x 1.14 x 0.9 x 0.89 x
Nbr of stocks (in thousands) 1,133,686 1,167,686 1,217,686 1,277,686 1,275,648 1,325,648
Reference price 2 14.25 15.05 23.25 24.40 16.35 14.80
Announcement Date 19/03/19 16/03/20 15/03/21 14/03/22 10/03/23 11/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 52,314 47,715 41,601 56,608 52,968 46,712
EBITDA 1 4,881 4,101 4,648 6,644 2,277 1,916
EBIT 1 2,658 1,783 2,300 4,155 -412.7 30.94
Operating Margin 5.08% 3.74% 5.53% 7.34% -0.78% 0.07%
Earnings before Tax (EBT) 1 1,519 372.5 1,107 2,873 -880.5 -837.8
Net income 1 934.7 533.8 945.9 2,353 -909.8 -1,022
Net margin 1.79% 1.12% 2.27% 4.16% -1.72% -2.19%
EPS 2 0.8200 0.4500 0.7700 1.837 -0.7100 -0.7707
Free Cash Flow 1 -3,457 795.4 -2,187 -832.3 -153.1 69.98
FCF margin -6.61% 1.67% -5.26% -1.47% -0.29% 0.15%
FCF Conversion (EBITDA) - 19.39% - - - 3.65%
FCF Conversion (Net income) - 149.01% - - - -
Dividend per Share 2 0.5000 0.3000 0.6000 1.200 0.2500 -
Announcement Date 19/03/19 16/03/20 15/03/21 14/03/22 10/03/23 11/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2022 Q1 2022 Q2 2022 Q3
Net sales 1 15,700 - 13,239 12,757
EBITDA - - - -
EBIT 1 1,034 - 253.4 -382.3
Operating Margin 6.58% - 1.91% -3%
Earnings before Tax (EBT) 1 - - 332.6 -577.8
Net income 1 - 8.142 289.3 -485
Net margin - - 2.19% -3.8%
EPS 2 - 0.0100 0.2300 -0.3800
Dividend per Share - - - -
Announcement Date 12/11/21 11/05/22 12/08/22 11/11/22
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 38,278 36,954 38,065 38,412 40,245 40,480
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.843 x 9.01 x 8.189 x 5.781 x 17.68 x 21.12 x
Free Cash Flow 1 -3,457 795 -2,187 -832 -153 70
ROE (net income / shareholders' equity) 3.64% 2.28% 3.91% 8.91% -3.59% -4.46%
ROA (Net income/ Total Assets) 2.26% 1.58% 2.01% 3.42% -0.34% 0.03%
Assets 1 41,431 33,815 47,118 68,743 265,707 -3,783,748
Book Value Per Share 2 18.40 17.80 19.80 21.40 18.10 16.70
Cash Flow per Share 2 1.860 1.930 1.080 1.190 1.430 0.7900
Capex 1 6,901 4,937 5,247 2,977 3,554 3,943
Capex / Sales 13.19% 10.35% 12.61% 5.26% 6.71% 8.44%
Announcement Date 19/03/19 16/03/20 15/03/21 14/03/22 10/03/23 11/03/24
1TWD in Million2TWD
Estimates
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