Financials Sun Rise E&T Corporation

Equities

1343

TW0001343002

Commodity Chemicals

End-of-day quote Taipei Exchange 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
70.3 TWD -1.13% Intraday chart for Sun Rise E&T Corporation -14.99% +82.60%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 800.3 674.1 1,251
Enterprise Value (EV) 1 1,020 844.6 1,426
P/E ratio 265 x 22 x -22.6 x
Yield - 0.91% -
Capitalization / Revenue 2.92 x 1.66 x 5.21 x
EV / Revenue 3.72 x 2.09 x 5.94 x
EV / EBITDA 21.5 x 10.3 x -57.2 x
EV / FCF -231,305,517 x 22,976,475 x 75,490,884 x
FCF Yield -0% 0% 0%
Price to Book 1.94 x 1.51 x 3.2 x
Nbr of stocks (in thousands) 32,118 32,228 32,484
Reference price 2 24.92 20.92 38.50
Announcement Date 06/04/22 12/04/23 26/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 598.2 370.3 228.2 274.3 405 240.3
EBITDA 1 158.3 84.99 48.91 47.51 82.11 -24.96
EBIT 1 123.6 46.88 9.984 3.112 39.58 -69.79
Operating Margin 20.66% 12.66% 4.38% 1.13% 9.77% -29.05%
Earnings before Tax (EBT) 1 120.3 47.42 9.009 3.059 38.63 -69.2
Net income 1 97.04 37.94 8.513 3.008 30.89 -55.35
Net margin 16.22% 10.24% 3.73% 1.1% 7.63% -23.04%
EPS 2 3.273 1.279 0.2668 0.0942 0.9529 -1.704
Free Cash Flow - -47.2 -37.9 -4.408 36.76 18.89
FCF margin - -12.75% -16.61% -1.61% 9.08% 7.86%
FCF Conversion (EBITDA) - - - - 44.77% -
FCF Conversion (Net income) - - - - 119% -
Dividend per Share - 0.3529 - - 0.1906 -
Announcement Date 28/04/20 28/04/20 12/03/21 06/04/22 12/04/23 26/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 197 184 229 219 171 176
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.248 x 2.164 x 4.691 x 4.614 x 2.077 x -7.042 x
Free Cash Flow - -47.2 -37.9 -4.41 36.8 18.9
ROE (net income / shareholders' equity) - 11% 2.11% 0.74% 7.2% -13.2%
ROA (Net income/ Total Assets) - 4.08% 0.87% 0.28% 3.49% -6.21%
Assets 1 - 929.7 973.9 1,079 885.3 891.9
Book Value Per Share 2 9.850 12.70 12.60 12.80 13.80 12.00
Cash Flow per Share 2 1.290 1.460 0.2100 0.6400 0.7600 1.140
Capex 1 177 34.2 58.2 27.6 33.4 24.5
Capex / Sales 29.63% 9.24% 25.5% 10.07% 8.24% 10.19%
Announcement Date 28/04/20 28/04/20 12/03/21 06/04/22 12/04/23 26/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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