Financials Man Zai Industrial Co., Ltd.

Equities

4543

TW0004543004

Auto, Truck & Motorcycle Parts

End-of-day quote Taipei Exchange 23:00:00 14/05/2024 BST 5-day change 1st Jan Change
53.8 TWD +1.51% Intraday chart for Man Zai Industrial Co., Ltd. -0.74% +14.23%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,050 1,044 893.9 1,079 1,309 2,640
Enterprise Value (EV) 1 728 833 961.9 1,260 1,169 2,481
P/E ratio 10.1 x 57.3 x 84 x 36.3 x 9.42 x 19.6 x
Yield 5.42% 3.81% - - 5.14% 2.55%
Capitalization / Revenue 0.99 x 1.14 x 1.1 x 1.16 x 1.36 x 3.16 x
EV / Revenue 0.69 x 0.91 x 1.19 x 1.36 x 1.21 x 2.97 x
EV / EBITDA 4.55 x 8.54 x 10.7 x 12.3 x 6.2 x 13 x
EV / FCF 9.08 x 28 x -5.31 x -14.3 x 4 x 19.8 x
FCF Yield 11% 3.58% -18.8% -7.01% 25% 5.05%
Price to Book 0.67 x 0.69 x 0.6 x 0.72 x 0.8 x 1.54 x
Nbr of stocks (in thousands) 56,890 56,890 56,046 56,046 56,046 56,046
Reference price 2 18.45 18.35 15.95 19.25 23.35 47.10
Announcement Date 29/03/19 30/03/20 30/03/21 24/03/22 27/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,059 918.3 811.1 927.2 964.1 836.1
EBITDA 1 159.8 97.59 89.97 102.5 188.6 190.1
EBIT 1 103.9 25.03 29.82 49.18 136.4 137.7
Operating Margin 9.81% 2.73% 3.68% 5.3% 14.15% 16.47%
Earnings before Tax (EBT) 1 130.2 27.69 16.39 41.61 191.1 171.4
Net income 1 104.2 18.33 10.7 29.93 139.7 134.8
Net margin 9.84% 2% 1.32% 3.23% 14.49% 16.13%
EPS 2 1.820 0.3200 0.1899 0.5300 2.480 2.400
Free Cash Flow 1 80.21 29.78 -181.2 -88.29 292.4 125.3
FCF margin 7.57% 3.24% -22.34% -9.52% 30.32% 14.99%
FCF Conversion (EBITDA) 50.18% 30.52% - - 154.98% 65.91%
FCF Conversion (Net income) 76.95% 162.5% - - 209.26% 92.95%
Dividend per Share 2 1.000 0.7000 - - 1.200 1.200
Announcement Date 29/03/19 30/03/20 30/03/21 24/03/22 27/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 67.9 181 - -
Net Cash position 1 322 211 - - 140 159
Leverage (Debt/EBITDA) - - 0.7551 x 1.764 x - -
Free Cash Flow 1 80.2 29.8 -181 -88.3 292 125
ROE (net income / shareholders' equity) 6.89% 1.19% 0.71% 2.01% 8.89% 8.06%
ROA (Net income/ Total Assets) 3.13% 0.73% 0.88% 1.38% 3.62% 3.5%
Assets 1 3,331 2,495 1,221 2,165 3,863 3,851
Book Value Per Share 2 27.40 26.60 26.40 26.90 29.20 30.50
Cash Flow per Share 2 3.250 3.760 4.160 3.690 12.60 11.40
Capex 1 41.6 31 260 94.6 6.64 6.32
Capex / Sales 3.93% 3.37% 32.01% 10.2% 0.69% 0.76%
Announcement Date 29/03/19 30/03/20 30/03/21 24/03/22 27/03/23 14/03/24
1TWD in Million2TWD
Estimates
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