Stock 2101 NANKANG RUBBER TIRE CORP.,LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Nankang Rubber Tire Corp.,Ltd.

Equities

2101

TW0002101003

Tires & Rubber Products

End-of-day quote Taiwan S.E.
Other stock markets
 23:00:00 14/05/2024 BST 		5-day change 1st Jan Change
55.6 TWD +0.91% Intraday chart for Nankang Rubber Tire Corp.,Ltd. -1.42% +32.38%
03-14 Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
02-21 Nankang Rubber Tire Corp.,Ltd. Announces Resignation of HSU, MIAO CHING as Independent Director CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 21,170 38,749 33,654 33,407 27,895 35,025
Enterprise Value (EV) 1 28,673 47,273 40,712 47,130 44,051 53,394
P/E ratio 113 x 34.1 x 40 x -137 x -27.2 x 263 x
Yield 0.74% 2.59% 2.26% - - -
Capitalization / Revenue 2.03 x 3.49 x 3.47 x 4.14 x 3.76 x 4.46 x
EV / Revenue 2.75 x 4.25 x 4.2 x 5.83 x 5.94 x 6.8 x
EV / EBITDA 22 x 30.1 x 22.7 x -556 x 139 x 46.5 x
EV / FCF 150 x -3,854 x 22.8 x -14 x -18.8 x -22.1 x
FCF Yield 0.67% -0.03% 4.39% -7.13% -5.32% -4.52%
Price to Book 2 x 3.62 x 3.12 x 2.97 x 2.71 x 3.38 x
Nbr of stocks (in thousands) 818,961 802,249 802,249 833,094 833,935 833,935
Reference price 2 25.85 48.30 41.95 40.10 33.45 42.00
Announcement Date 28/03/19 12/03/20 18/03/21 29/03/22 30/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 10,445 11,112 9,695 8,078 7,412 7,852
EBITDA 1 1,302 1,571 1,796 -84.81 316.5 1,149
EBIT 1 425.6 714.7 1,029 -831.4 -409.3 442
Operating Margin 4.07% 6.43% 10.61% -10.29% -5.52% 5.63%
Earnings before Tax (EBT) 1 340.4 1,335 1,121 -219.4 -1,070 198.4
Net income 1 183.4 1,136 844.4 -243.3 -1,024 134
Net margin 1.76% 10.22% 8.71% -3.01% -13.81% 1.71%
EPS 2 0.2286 1.416 1.050 -0.2917 -1.230 0.1600
Free Cash Flow 1 191.2 -12.27 1,786 -3,360 -2,343 -2,411
FCF margin 1.83% -0.11% 18.43% -41.59% -31.62% -30.71%
FCF Conversion (EBITDA) 14.69% - 99.48% - - -
FCF Conversion (Net income) 104.27% - 211.57% - - -
Dividend per Share 2 0.1925 1.250 0.9500 - - -
Announcement Date 28/03/19 12/03/20 18/03/21 29/03/22 30/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 7,503 8,524 7,057 13,723 16,156 18,369
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.762 x 5.427 x 3.93 x -161.8 x 51.05 x 15.99 x
Free Cash Flow 1 191 -12.3 1,786 -3,360 -2,343 -2,411
ROE (net income / shareholders' equity) 1.72% 10.8% 7.86% -2.21% -9.49% 1.3%
ROA (Net income/ Total Assets) 1.13% 1.75% 2.16% -1.5% -0.69% 0.7%
Assets 1 16,261 64,907 39,168 16,233 149,341 19,150
Book Value Per Share 2 12.90 13.30 13.40 13.50 12.40 12.40
Cash Flow per Share 2 3.520 3.080 4.950 3.880 1.700 2.160
Capex 1 795 964 764 845 313 249
Capex / Sales 7.61% 8.67% 7.88% 10.46% 4.22% 3.17%
Announcement Date 28/03/19 12/03/20 18/03/21 29/03/22 30/03/23 14/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Tire & Tube Manufacturers

1st Jan change Capi.
NANKANG RUBBER TIRE CORP.,LTD. Stock Nankang Rubber Tire Corp.,Ltd.
+32.38% 1.42B
PIRELLI & C. S.P.A. Stock Pirelli & C. S.p.A.
+24.86% 6.62B
MRF LIMITED Stock MRF Limited
-1.65% 6.51B
BALKRISHNA INDUSTRIES LIMITED Stock Balkrishna Industries Limited
-2.05% 5.76B
CHENG SHIN RUBBER IND. CO., LTD. Stock Cheng Shin Rubber Ind. Co., Ltd.
+16.26% 5.16B
SHANDONG LINGLONG TYRE CO.,LTD. Stock Shandong Linglong Tyre Co.,Ltd.
+19.34% 4.61B
HANKOOK TIRE & TECHNOLOGY CO., LTD. Stock Hankook Tire & Technology Co., Ltd.
-0.66% 4.03B
QINGDAO SENTURY TIRE CO., LTD. Stock Qingdao Sentury Tire Co., Ltd.
+25.98% 3.72B
APOLLO TYRES LIMITED Stock Apollo Tyres Limited
+4.42% 3.61B
PT MULTISTRADA ARAH SARANA TBK Stock PT Multistrada Arah Sarana Tbk
+44.36% 3.14B
Tire & Tube Manufacturers
  1. Stock Market
  2. Equities
  3. 2101 Stock
  4. Financials Nankang Rubber Tire Corp.,Ltd.