Financials Yuan High-Tech Development Co., Ltd.

Equities

5474

TW0005474001

Computer Hardware

End-of-day quote Taipei Exchange 23:00:00 21/05/2024 BST 5-day change 1st Jan Change
139.5 TWD +9.84% Intraday chart for Yuan High-Tech Development Co., Ltd. +10.71% +31.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,405 2,638 6,311 4,340 2,874 4,214
Enterprise Value (EV) 1 1,496 1,550 5,675 4,077 2,438 3,712
P/E ratio 9.44 x 10.2 x 10.3 x 11.4 x 9.18 x 20.9 x
Yield 5.33% 5.75% 4.2% 4.57% 5.26% 3.3%
Capitalization / Revenue 2.1 x 2.04 x 2.33 x 2.42 x 2.09 x 3.57 x
EV / Revenue 1.3 x 1.2 x 2.1 x 2.27 x 1.78 x 3.14 x
EV / EBITDA 4.83 x 4.6 x 7.11 x 8.24 x 6.98 x 15 x
EV / FCF 10.5 x 5.28 x 7.94 x -22.9 x 8.36 x 20.5 x
FCF Yield 9.48% 18.9% 12.6% -4.37% 12% 4.88%
Price to Book 2.5 x 2.41 x 4.15 x 2.65 x 1.63 x 2.33 x
Nbr of stocks (in thousands) 40,476 40,476 39,757 39,637 39,757 39,757
Reference price 2 59.42 65.17 158.8 109.5 72.30 106.0
Announcement Date 29/03/19 31/03/20 30/03/21 24/03/22 14/03/23 08/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,147 1,294 2,705 1,792 1,373 1,181
EBITDA 1 309.9 336.6 797.8 494.9 349.4 247.4
EBIT 1 303.8 327.8 789 484.4 340.5 239.4
Operating Margin 26.48% 25.33% 29.17% 27.02% 24.81% 20.28%
Earnings before Tax (EBT) 1 323.3 332.5 774.7 484.4 382.8 260.3
Net income 1 255.6 260.3 615.4 384.1 314.3 201.5
Net margin 22.28% 20.11% 22.75% 21.43% 22.9% 17.07%
EPS 2 6.292 6.408 15.36 9.630 7.880 5.060
Free Cash Flow 1 141.9 293.3 714.4 -178.2 291.7 181.1
FCF margin 12.36% 22.67% 26.41% -9.94% 21.25% 15.34%
FCF Conversion (EBITDA) 45.77% 87.14% 89.55% - 83.5% 73.19%
FCF Conversion (Net income) 55.49% 112.69% 116.09% - 92.81% 89.85%
Dividend per Share 2 3.167 3.750 6.667 5.000 3.800 3.500
Announcement Date 29/03/19 31/03/20 30/03/21 24/03/22 14/03/23 08/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 909 1,088 637 263 437 502
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 142 293 714 -178 292 181
ROE (net income / shareholders' equity) 28.7% 25.3% 47.1% 24.3% 18.5% 11.3%
ROA (Net income/ Total Assets) 15.9% 15% 25.9% 13.8% 10.2% 6.88%
Assets 1 1,612 1,741 2,374 2,773 3,070 2,927
Book Value Per Share 2 23.80 27.00 38.30 41.30 44.30 45.40
Cash Flow per Share 2 20.20 27.40 16.50 7.000 11.50 13.00
Capex 1 7.12 5.08 10.9 4.69 2.57 0.56
Capex / Sales 0.62% 0.39% 0.4% 0.26% 0.19% 0.05%
Announcement Date 29/03/19 31/03/20 30/03/21 24/03/22 14/03/23 08/03/24
1TWD in Million2TWD
Estimates
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