Financials Thinking Electronic Industrial Co., Ltd.

Equities

2428

TW0002428000

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
169.5 TWD +0.30% Intraday chart for Thinking Electronic Industrial Co., Ltd. +1.50% +0.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 12,465 20,498 20,178 15,886 21,523 21,715 -
Enterprise Value (EV) 1 12,465 20,498 20,178 15,886 21,523 21,715 21,715
P/E ratio 11.3 x 14.8 x 12.9 x 11.6 x 16.5 x 16.3 x 13.2 x
Yield - - - - - - -
Capitalization / Revenue - 3.46 x 2.69 x - - 2.91 x 2.6 x
EV / Revenue - 3.46 x 2.69 x - - 2.91 x 2.6 x
EV / EBITDA - 9.64 x 8.25 x - - 10.1 x 9.24 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - - - - - -
Nbr of stocks (in thousands) 128,113 128,113 128,113 128,114 128,114 128,114 -
Reference price 2 97.30 160.0 157.5 124.0 168.0 169.5 169.5
Announcement Date 25/03/20 21/03/21 22/03/22 23/03/23 29/02/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 - 5,920 7,500 - - 7,467 8,368
EBITDA 1 - 2,127 2,447 - - 2,153 2,350
EBIT 1 - 1,843 2,125 - - 1,743 2,187
Operating Margin - 31.13% 28.33% - - 23.34% 26.14%
Earnings before Tax (EBT) 1 - 1,867 2,159 - - 1,753 2,187
Net income 1 1,116 1,385 1,577 1,374 1,308 1,329 1,641
Net margin - 23.39% 21.03% - - 17.8% 19.61%
EPS 2 8.610 10.78 12.25 10.66 10.17 10.37 12.81
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 25/03/20 21/03/21 22/03/22 23/03/23 29/02/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,865 1,800 1,900 1,889 - 1,816 1,763 1,561 1,863 2,069 2,037 1,851 2,117
EBITDA - - - - - - - - - - - - -
EBIT 1 435.8 424.9 402.1 348.4 - 358.7 407 369.6 434 554 500 429 560
Operating Margin 23.36% 23.61% 21.17% 18.45% - 19.75% 23.08% 23.67% 23.3% 26.78% 24.55% 23.18% 26.45%
Earnings before Tax (EBT) 1 455 521.1 546 518.6 - - - 436.5 434 554 500 429 560
Net income 1 358.5 397 407.5 400.4 299.7 311.5 333 332.9 331 413 376 327 420
Net margin 19.22% 22.05% 21.45% 21.2% - 17.15% 18.89% 21.32% 17.77% 19.96% 18.46% 17.67% 19.84%
EPS 2 2.760 3.100 3.170 3.120 2.330 2.430 2.600 2.600 2.580 3.220 2.900 2.550 3.280
Dividend per Share - - - - - - - - - - - - -
Announcement Date 22/03/22 10/05/22 10/08/22 08/11/22 02/05/23 10/08/23 09/11/23 08/05/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 20.3% 20.4% - - 13.3% 15.1%
ROA (Net income/ Total Assets) - 14% 12.4% - - 8.56% 9.78%
Assets 1 - 9,891 12,670 - - 15,526 16,779
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 - 364 827 - - 600 950
Capex / Sales - 6.15% 11.02% - - 8.04% 11.35%
Announcement Date 25/03/20 21/03/21 22/03/22 23/03/23 29/02/24 - -
1TWD in Million
Estimates
  1. Stock Market
  2. Equities
  3. 2428 Stock
  4. Financials Thinking Electronic Industrial Co., Ltd.