Financials Topoint Technology Co., Ltd.

Equities

8021

TW0008021007

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
30.7 TWD +0.66% Intraday chart for Topoint Technology Co., Ltd. +3.02% +9.64%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,545 3,206 3,931 6,007 4,372 3,981
Enterprise Value (EV) 1 1,173 1,379 1,455 3,497 1,996 1,906
P/E ratio 10.8 x 17.1 x 14.2 x 13.7 x 13.4 x -111 x
Yield 6.7% 5.32% 5.71% 5.44% 6.5% 2.86%
Capitalization / Revenue 0.78 x 1.07 x 1.32 x 1.59 x 1.25 x 1.45 x
EV / Revenue 0.36 x 0.46 x 0.49 x 0.93 x 0.57 x 0.69 x
EV / EBITDA 1.67 x 2.2 x 1.88 x 3.74 x 2.54 x 4.48 x
EV / FCF 4 x 3.93 x 3.33 x 23.5 x 13.1 x -123 x
FCF Yield 25% 25.4% 30% 4.26% 7.65% -0.81%
Price to Book 0.58 x 0.75 x 0.88 x 1.29 x 0.93 x 0.92 x
Nbr of stocks (in thousands) 142,181 142,180 142,180 142,180 142,180 142,180
Reference price 2 17.90 22.55 27.65 42.25 30.75 28.00
Announcement Date 23/02/19 24/02/20 26/02/21 24/02/22 24/02/23 27/02/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,282 3,006 2,973 3,774 3,510 2,748
EBITDA 1 704.1 627.7 772.1 935.5 786.1 425.9
EBIT 1 324.4 279.8 473 625.2 460 75.64
Operating Margin 9.88% 9.31% 15.91% 16.57% 13.1% 2.75%
Earnings before Tax (EBT) 1 339.2 331 466.4 665.3 543.6 137
Net income 1 253.6 190.3 282 446.5 332.2 -36.03
Net margin 7.73% 6.33% 9.48% 11.83% 9.46% -1.31%
EPS 2 1.650 1.320 1.950 3.090 2.290 -0.2534
Free Cash Flow 1 292.9 350.5 437.2 149 152.7 -15.48
FCF margin 8.92% 11.66% 14.7% 3.95% 4.35% -0.56%
FCF Conversion (EBITDA) 41.6% 55.83% 56.62% 15.93% 19.42% -
FCF Conversion (Net income) 115.49% 184.19% 155.03% 33.37% 45.95% -
Dividend per Share 2 1.200 1.200 1.580 2.300 2.000 0.8000
Announcement Date 23/02/19 24/02/20 26/02/21 24/02/22 24/02/23 27/02/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2
Net sales 1 1,052 1,008 917.9 906.5 872.8 827.4 616.6 612.6
EBITDA - - - - - - - -
EBIT 1 180.6 157.6 150.2 133.3 141.3 81.42 4.098 -9.804
Operating Margin 17.16% 15.63% 16.36% 14.71% 16.19% 9.84% 0.66% -1.6%
Earnings before Tax (EBT) 194.3 159.6 - - - - - -
Net income 1 131.9 103.2 102.1 - 43.3 - 16.17 -123.3
Net margin 12.53% 10.23% 11.12% - 4.96% - 2.62% -20.13%
EPS 2 0.9200 0.7100 0.7100 0.8600 0.3000 0.4500 0.1100 -0.8700
Dividend per Share - - - - - - - -
Announcement Date 05/11/21 24/02/22 05/05/22 04/08/22 04/11/22 24/02/23 05/05/23 04/08/23
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,372 1,827 2,476 2,510 2,376 2,075
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 293 350 437 149 153 -15.5
ROE (net income / shareholders' equity) 5.49% 4.44% 6.54% 9.81% 7.02% -0.75%
ROA (Net income/ Total Assets) 3.21% 2.83% 4.79% 5.62% 3.86% 0.67%
Assets 1 7,905 6,716 5,888 7,943 8,614 -5,369
Book Value Per Share 2 30.70 30.10 31.30 32.70 33.10 30.50
Cash Flow per Share 2 12.40 12.40 14.60 18.10 19.50 11.20
Capex 1 271 356 216 468 638 375
Capex / Sales 8.26% 11.85% 7.26% 12.39% 18.18% 13.63%
Announcement Date 23/02/19 24/02/20 26/02/21 24/02/22 24/02/23 27/02/24
1TWD in Million2TWD
Estimates
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