Cash flow Wiwynn Corporation

Equities

6669

TW0006669005

Computer Hardware

End-of-day quote Taiwan S.E. Other stock markets 16/09/2024			5-day change	1st Jan Change
1,820.00 ^TWD	+2.25%		+6.12%	-0.27%

08-09	Wiwynn Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
07-17	Wiwynn Files for Singapore Listing of $600 Million Worth of Bonds Due 2029	MT

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Published financial data: WIWYNN CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	164B	187B	193B	293B	242B
Total Revenues	164B	187B	193B	293B	242B
Cost of Goods Sold, Total	152B	172B	177B	269B	219B
Gross Profit	11.35B	15.3B	15.62B	23.98B	22.66B
Selling General & Admin Expenses, Total	1.75B	1.89B	1.77B	2.61B	2.78B
Provision for Bad Debts	-1.63M	-6.61M	2.5M	3.13M	-7.82M
R&D Expenses	1.44B	2.18B	2.46B	3.53B	4.02B
Other Operating Expenses, Total	3.19B	4.06B	4.23B	6.14B	6.79B
Operating Income	8.16B	11.24B	11.39B	17.83B	15.87B
Interest Expense, Total	-323M	-304M	-356M	-882M	-953M
Interest And Investment Income	72.2M	38.98M	61.59M	156M	456M
Net Interest Expenses	-251M	-265M	-295M	-726M	-498M
Income (Loss) On Equity Invest.	-	-	-32.12M	-67.97M	-63.98M
Currency Exchange Gains (Loss)	-83.55M	-527M	-111M	931M	59.08M
Other Non Operating Income (Expenses)	-66.97M	438M	46.74M	-73.88M	70.34M
EBT, Excl. Unusual Items	7.76B	10.89B	11B	17.9B	15.44B
Gain (Loss) On Sale Of Investments	-	-	-	-	5.34M
EBT, Incl. Unusual Items	7.76B	10.89B	11B	17.9B	15.44B
Income Tax Expense	1.59B	2.28B	2.35B	3.72B	3.4B
Earnings From Continuing Operations	6.17B	8.61B	8.65B	14.17B	12.04B
Net Income to Company	6.17B	8.61B	8.65B	14.17B	12.04B
Net Income - (IS)	6.17B	8.61B	8.65B	14.17B	12.04B
Net Income to Common Incl Extra Items	6.17B	8.61B	8.65B	14.17B	12.04B
Net Income to Common Excl. Extra Items	6.17B	8.61B	8.65B	14.17B	12.04B
Per Share Items
Net EPS - Basic	36.42	49.25	49.46	81.07	68.88
Basic EPS - Continuing Operations	36.42	49.25	49.46	81.07	68.88
Basic Weighted Average Shares Outstanding	169M	175M	175M	175M	175M
Net EPS - Diluted	36.23	48.98	49.28	80.49	68.65
Diluted EPS - Continuing Operations	36.23	48.98	49.28	80.49	68.65
Diluted Weighted Average Shares Outstanding	170M	176M	175M	176M	175M
Normalized Basic EPS	28.63	38.93	39.31	63.98	55.19
Normalized Diluted EPS	28.48	38.71	39.16	63.52	55
Dividend Per Share	-	32	-	50	42
Payout Ratio	45.27	46.7	64.7	30.84	72.59
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	8.3B	11.52B	11.77B	18.32B	16.45B
EBITA	8.16B	11.24B	11.39B	17.83B	15.87B
EBIT	8.16B	11.24B	11.39B	17.83B	15.87B
EBITDAR	8.31B	11.55B	11.85B	-	-
Effective Tax Rate - (Ratio)	20.48	20.92	21.35	20.8	22.02
Total Current Taxes	1.76B	2.17B	2.15B	3.99B	3.59B
Total Deferred Taxes	-169M	107M	200M	-268M	-192M
Normalized Net Income	4.85B	6.8B	6.87B	11.19B	9.65B
Interest on Long-Term Debt	7.12M	24.04M	85.42M	133M	144M
Non-Cash Pension Expense	0	0	0	82K	136K
Supplemental Operating Expense Items
Selling and Marketing Expenses	961M	1.23B	937M	1.31B	1.05B
General and Administrative Expenses	787M	658M	836M	1.31B	1.72B
Research And Development Expense From Footnotes	1.44B	2.18B	2.46B	3.53B	4.02B
Net Rental Expense, Total	5.25M	27.94M	78.89M	-	-
Imputed Operating Lease Interest Expense	1.55M	6.88M	10.68M	-	-
Imputed Operating Lease Depreciation	3.7M	21.06M	68.21M	-	-
Stock-Based Comp., Other (Total)	164M	-	-	-	-
Total Stock-Based Compensation	164M	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	11.99B	23.17B	22.67B	26.23B	37.49B
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	11.99B	23.17B	22.67B	26.23B	37.49B
Accounts Receivable, Total	14.07B	8.17B	13.17B	19.78B	10.36B
Other Receivables	2.78B	1.46B	620M	1.55B	691M
Total Receivables	16.85B	9.63B	13.79B	21.33B	11.05B
Inventory	17.44B	19.83B	45.38B	36.01B	30.18B
Prepaid Expenses	71.43M	107M	152M	211M	303M
Other Current Assets, Total	61.12M	36.35M	31.07M	270M	163M
Total Current Assets	46.41B	52.77B	82.03B	84.05B	79.2B
Gross Property Plant And Equipment	1.48B	2.05B	2.89B	5.01B	9.86B
Accumulated Depreciation	-372M	-719M	-1.18B	-1.86B	-2.76B
Net Property Plant And Equipment	1.11B	1.33B	1.71B	3.15B	7.1B
Long-term Investments	-	-	250M	199M	159M
Goodwill	-	-	-	-	-
Other Intangibles, Total	19.11M	64.6M	98.73M	138M	132M
Deferred Tax Assets Long-Term	494M	419M	305M	640M	1.01B
Other Long-Term Assets, Total	113M	144M	349M	658M	1.25B
Total Assets	48.15B	54.72B	84.74B	88.84B	88.85B
Liabilities
Accounts Payable, Total	14.23B	12.52B	18.28B	26.46B	20.17B
Accrued Expenses, Total	208M	149M	79.65M	45.77M	222M
Short-term Borrowings	8.64B	5.36B	21.27B	-	384M
Current Portion of Long-Term Debt	-	-	-	-	2.5B
Current Portion of Leases	110M	105M	139M	211M	333M
Current Income Taxes Payable	1.02B	1.51B	999M	2.91B	1.23B
Unearned Revenue Current, Total	862M	2.3B	3.36B	5.3B	5.95B
Other Current Liabilities	2.47B	2.86B	3.04B	3.63B	5.7B
Total Current Liabilities	27.53B	24.8B	47.17B	38.56B	36.49B
Long-Term Debt	-	4.99B	9.44B	9.44B	8.44B
Long-Term Leases	289M	275M	532M	802M	1.19B
Pension & Other Post Retirement Benefits	2.87M	8.91M	13.59M	8.43M	6.64M
Deferred Tax Liability Non Current	105M	135M	219M	286M	466M
Other Non Current Liabilities	-	-	-	952M	14M
Total Liabilities	27.93B	30.21B	57.37B	50.05B	46.61B
Common Stock, Total	1.75B	1.75B	1.75B	1.75B	1.75B
Additional Paid In Capital	8.82B	8.82B	8.82B	8.82B	8.84B
Retained Earnings	9.6B	14.19B	17.24B	27.04B	30.34B
Comprehensive Income and Other	53.91M	-238M	-431M	1.18B	1.31B
Total Common Equity	20.22B	24.51B	27.37B	38.79B	42.23B
Total Equity	20.22B	24.51B	27.37B	38.79B	42.23B
Total Liabilities And Equity	48.15B	54.72B	84.74B	88.84B	88.85B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	175M	175M	175M	175M	175M
ECS Total Common Shares Outstanding	175M	175M	175M	175M	175M
Book Value / Share	115.78	140.21	156.54	221.84	241.56
Tangible Book Value	20.2B	24.45B	27.27B	38.65B	42.1B
Tangible Book Value Per Share	115.67	139.84	155.98	221.06	240.8
Total Debt	9.04B	10.73B	31.37B	10.45B	12.85B
Net Debt	-2.96B	-12.44B	8.7B	-15.78B	-24.65B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.87M	8.91M	13.59M	8.43M	6.64M
Debt Equivalent Oper. Leases	41.97M	224M	631M	-	-
Equity Method Investments, Total	-	-	250M	199M	159M
Account Code - Inventory Valuation	3	3	3	3	-
Inventories - Raw Materials, Total	12.94B	10.01B	32.93B	16.47B	13.14B
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	4.5B	9.82B	12.45B	19.54B	17.04B
Land - (BS)	-	-	-	169M	679M
Buildings, Total	-	-	-	-	820M
Machinery, Total	815M	1.27B	1.65B	2.13B	3.23B
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	8.79M	2.18M	4.69M	7.82M	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	6.17B	8.61B	8.65B	14.17B	12.04B
Depreciation & Amortization - CF	204M	371M	506M	677M	882M
Depreciation & Amortization, Total	204M	371M	506M	677M	882M
Amortization of Deferred Charges, Total - (CF)	5.94M	19.35M	41.95M	85.07M	120M
(Gain) Loss From Sale Of Asset	17K	95K	-503K	711K	638K
(Gain) Loss on Sale of Investments - (CF)	44.27M	-436M	-35.7M	101M	-45.86M
(Income) Loss On Equity Investments - (CF)	-	-	32.12M	67.97M	63.98M
Stock-Based Compensation (CF)	164M	-	-	-	-
Provision and Write-off of Bad Debts	-1.63M	-6.61M	2.5M	3.13M	-7.82M
Other Operating Activities, Total	-634M	619M	-341M	1.37B	-1.74B
Change in Trading Asset Securities	-44.27M	436M	35.7M	-101M	40.52M
Change In Accounts Receivable	-4.78B	5.7B	-5.16B	-5.94B	9.52B
Change In Inventories	-3.95B	-3.39B	-26.69B	13.41B	5.94B
Change In Accounts Payable	9.35B	-981M	6.3B	5.53B	-6.54B
Change in Unearned Revenues	480M	1.44B	1.06B	1.94B	653M
Change in Other Net Operating Assets	899M	1.72B	1.38B	-632M	2.12B
Cash from Operations	7.91B	14.09B	-14.21B	30.68B	23.06B
Capital Expenditure	-747M	-553M	-511M	-1.47B	-4.89B
Sale of Property, Plant, and Equipment	-	-	4.56M	109K	583K
Sale (Purchase) of Intangible assets	-17.8M	-64.85M	-76.08M	-123M	-114M
Investment in Marketable and Equity Securities, Total	-	-	-277M	-	-
Other Investing Activities, Total	92.88M	-1.14M	-181M	-341M	303M
Cash from Investing	-672M	-619M	-1.04B	-1.93B	-4.7B
Short Term Debt Issued, Total	34.84B	99.07B	126B	115B	307B
Long-Term Debt Issued, Total	-	4.99B	4.44B	-	1.5B
Total Debt Issued	34.84B	104B	130B	115B	308B
Short Term Debt Repaid, Total	-29.03B	-102B	-110B	-137B	-306B
Long-Term Debt Repaid, Total	-5.58B	-94.95M	-124M	-174M	-279M
Total Debt Repaid	-34.61B	-102B	-110B	-137B	-307B
Issuance of Common Stock	6.02B	3.24M	-	-	-
Common Dividends Paid	-2.79B	-4.02B	-5.59B	-4.37B	-8.74B
Common & Preferred Stock Dividends Paid	-2.79B	-4.02B	-5.59B	-4.37B	-8.74B
Other Financing Activities, Total	-	-	-	925M	14M
Cash from Financing	3.46B	-2.23B	14.85B	-26.18B	-7.11B
Foreign Exchange Rate Adjustments	-105M	-70.74M	-98.94M	992M	12.66M
Net Change in Cash	10.59B	11.18B	-496M	3.56B	11.26B
Supplemental Items
Cash Interest Paid	318M	303M	334M	886M	926M
Cash Income Tax Paid (Refund)	2.23B	1.66B	2.71B	2.34B	5.17B
Levered Free Cash Flow	6.18B	11.98B	-16.47B	23.89B	16.37B
Unlevered Free Cash Flow	6.38B	12.17B	-16.25B	24.44B	16.97B
Change In Net Working Capital	-1.67B	-5.37B	23.33B	-14.12B	-11.04B
Net Debt Issued / Repaid	228M	1.79B	20.45B	-22.73B	1.61B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	13.36	13.66	10.21	12.84	11.16
Return on Total Capital	21.02	21.79	15.14	20.64	19.02
Return On Equity %	39.81	38.49	33.34	42.85	29.73
Return on Common Equity	39.81	38.49	33.34	42.85	29.73
Margin Analysis
Gross Profit Margin %	6.94	8.19	8.11	8.19	9.37
SG&A Margin	1.07	1.01	0.92	0.89	1.15
EBITDA Margin %	5.08	6.17	6.11	6.26	6.8
EBITA Margin %	4.99	6.01	5.91	6.09	6.56
EBIT Margin %	4.99	6.01	5.91	6.09	6.56
Income From Continuing Operations Margin %	3.77	4.61	4.49	4.84	4.98
Net Income Margin %	3.77	4.61	4.49	4.84	4.98
Net Avail. For Common Margin %	3.77	4.61	4.49	4.84	4.98
Normalized Net Income Margin	2.96	3.64	3.57	3.82	3.99
Levered Free Cash Flow Margin	3.78	6.41	-8.55	8.16	6.77
Unlevered Free Cash Flow Margin	3.9	6.51	-8.44	8.35	7.01
Asset Turnover
Asset Turnover	4.29	3.63	2.76	3.37	2.72
Fixed Assets Turnover	265.47	153.47	126.77	120.48	47.2
Receivables Turnover (Average Receivables)	13.89	16.81	18.06	17.78	16.05
Inventory Turnover (Average Inventory)	9.73	9.21	5.43	6.61	6.62
Short Term Liquidity
Current Ratio	1.69	2.13	1.74	2.18	2.17
Quick Ratio	1.05	1.32	0.77	1.23	1.33
Operating Cash Flow to Current Liabilities	0.29	0.57	-0.3	0.8	0.63
Days Sales Outstanding (Average Receivables)	26.28	21.77	20.21	20.53	22.74
Days Outstanding Inventory (Average Inventory)	37.53	39.74	67.24	55.24	55.1