Financials Shin Foong Specialty and Applied Materials Co., Ltd.

Equities

6582

TW0006582000

Specialty Chemicals

End-of-day quote Taiwan S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
50.9 TWD -0.39% Intraday chart for Shin Foong Specialty and Applied Materials Co., Ltd. +0.20% -8.78%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,066 6,041 15,759 17,519 6,158 5,925
Enterprise Value (EV) 1 4,270 4,948 12,727 12,522 3,877 4,890
P/E ratio 12 x 11.6 x 8.87 x 5.06 x 35.2 x -54.7 x
Yield 7.42% 7.73% 6.73% 9.09% 2.59% -
Capitalization / Revenue 1.37 x 1.85 x 2.99 x 2.15 x 3.62 x 6.62 x
EV / Revenue 1.16 x 1.51 x 2.42 x 1.53 x 2.28 x 5.47 x
EV / EBITDA 6.94 x 6.7 x 5.44 x 2.78 x 11.4 x -64.2 x
EV / FCF 117 x 8.24 x 6.75 x 5.54 x -7.77 x -17.8 x
FCF Yield 0.86% 12.1% 14.8% 18% -12.9% -5.61%
Price to Book 1.54 x 1.7 x 3.25 x 2.38 x 1.03 x 1.01 x
Nbr of stocks (in thousands) 104,668 104,883 106,124 106,174 106,174 106,174
Reference price 2 48.40 57.60 148.5 165.0 58.00 55.80
Announcement Date 12/03/19 17/03/20 11/03/21 25/02/22 22/02/23 01/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,691 3,271 5,268 8,162 1,703 894.3
EBITDA 1 614.9 738 2,342 4,510 340.3 -76.13
EBIT 1 495.6 624.8 2,202 4,366 198.7 -216.3
Operating Margin 13.43% 19.1% 41.79% 53.5% 11.67% -24.18%
Earnings before Tax (EBT) 1 528.4 648 2,206 4,359 289.7 -135.5
Net income 1 427 525.4 1,778 3,476 175 -107.9
Net margin 11.57% 16.06% 33.75% 42.59% 10.28% -12.06%
EPS 2 4.040 4.960 16.74 32.60 1.648 -1.020
Free Cash Flow 1 36.56 600.8 1,885 2,259 -498.7 -274.2
FCF margin 0.99% 18.37% 35.78% 27.68% -29.29% -30.66%
FCF Conversion (EBITDA) 5.94% 81.4% 80.5% 50.1% - -
FCF Conversion (Net income) 8.56% 114.35% 106.03% 65% - -
Dividend per Share 2 3.590 4.450 10.00 15.00 1.500 -
Announcement Date 12/03/19 17/03/20 11/03/21 25/02/22 22/02/23 01/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 795 1,093 3,032 4,997 2,281 1,035
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 36.6 601 1,885 2,259 -499 -274
ROE (net income / shareholders' equity) 13.3% 15.4% 42.3% 57% 2.63% -1.83%
ROA (Net income/ Total Assets) 8.54% 9.96% 27.3% 37.1% 1.63% -2.13%
Assets 1 4,998 5,277 6,515 9,361 10,718 5,073
Book Value Per Share 2 31.40 33.90 45.60 69.30 56.10 55.20
Cash Flow per Share 2 1.260 1.930 5.810 2.180 2.770 0.4900
Capex 1 295 208 295 781 138 103
Capex / Sales 8% 6.37% 5.6% 9.57% 8.1% 11.53%
Announcement Date 12/03/19 17/03/20 11/03/21 25/02/22 22/02/23 01/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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