Stock 9921 GIANT MANUFACTURING CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Giant Manufacturing Co., Ltd.

Equities

9921

TW0009921007

Recreational Products

End-of-day quote Taiwan S.E.
Other stock markets
 06:00:00 2024-06-06 pm EDT 		5-day change 1st Jan Change
226 TWD +0.67% Intraday chart for Giant Manufacturing Co., Ltd. +3.91% +22.83%
May. 13 Giant Manufacturing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Mar. 26 Giant Manufacturing Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 79,889 103,143 129,397 78,609 72,140 88,607 - -
Enterprise Value (EV) 1 89,519 108,948 144,542 90,552 83,861 96,969 97,124 91,390
P/E ratio 23.8 x 21 x 21.9 x 12.9 x 21.2 x 24.3 x 19.8 x 17.2 x
Yield 2.16% 2.91% 2.9% - 2.72% 2.17% 2.9% 3.4%
Capitalization / Revenue 1.26 x 1.47 x 1.58 x 0.85 x 0.94 x 1.18 x 1.07 x 0.98 x
EV / Revenue 1.41 x 1.56 x 1.77 x 0.98 x 1.09 x 1.29 x 1.17 x 1.01 x
EV / EBITDA 14 x 12.6 x 13.6 x 9 x 11.8 x 12.9 x 10.5 x 8.68 x
EV / FCF -63 x 12.3 x -20.5 x -50.3 x 9.39 x 12.3 x 18.5 x 33.4 x
FCF Yield -1.59% 8.13% -4.88% -1.99% 10.6% 8.1% 5.39% 2.99%
Price to Book 3.66 x 4.1 x 4.71 x 2.27 x 2.14 x 2.71 x 2.4 x 2.28 x
Nbr of stocks (in thousands) 375,065 375,065 375,065 392,065 392,065 392,065 - -
Reference price 2 213.0 275.0 345.0 200.5 184.0 226.0 226.0 226.0
Announcement Date 3/29/20 3/29/21 3/25/22 3/25/23 3/26/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 63,450 70,011 81,840 92,044 76,954 75,184 82,872 90,317
EBITDA 1 6,384 8,628 10,656 10,058 7,132 7,488 9,279 10,528
EBIT 1 4,732 6,858 8,709 7,914 4,709 4,853 6,552 7,514
Operating Margin 7.46% 9.8% 10.64% 8.6% 6.12% 6.45% 7.91% 8.32%
Earnings before Tax (EBT) 1 4,810 6,833 8,728 8,738 4,799 5,642 6,742 7,858
Net income 1 3,375 4,949 5,930 5,844 3,401 3,382 4,625 5,423
Net margin 5.32% 7.07% 7.25% 6.35% 4.42% 4.5% 5.58% 6%
EPS 2 8.950 13.12 15.73 15.51 8.680 9.300 11.44 13.17
Free Cash Flow 1 -1,421 8,859 -7,053 -1,800 8,930 7,852 5,237 2,734
FCF margin -2.24% 12.65% -8.62% -1.96% 11.6% 10.44% 6.32% 3.03%
FCF Conversion (EBITDA) - 102.68% - - 125.21% 104.87% 56.43% 25.96%
FCF Conversion (Net income) - 179.02% - - 262.54% 232.19% 113.22% 50.41%
Dividend per Share 2 4.600 8.000 10.00 - 5.000 4.898 6.558 7.679
Announcement Date 3/29/20 3/29/21 3/25/22 3/25/23 3/26/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 19,904 22,260 22,745 25,869 21,169 20,119 22,464 19,517 14,853 16,063 20,012 21,055 17,752 19,103 22,110
EBITDA 1 8,594 2,829 2,722 2,903 1,606 2,464 2,164 1,786 913.5 1,253 2,083 2,286 1,996 2,316 2,886
EBIT 1 1,539 2,325 2,201 2,362 1,026 1,690 1,573 1,168 277.6 543.1 1,373 1,693 1,187 1,245 1,823
Operating Margin 7.73% 10.45% 9.68% 9.13% 4.85% 8.4% 7% 5.99% 1.87% 3.38% 6.86% 8.04% 6.69% 6.52% 8.25%
Earnings before Tax (EBT) 1 1,493 2,597 2,392 2,962 787.1 1,525 1,822 1,512 -60.24 822.4 1,405 1,722 1,240 1,297 1,833
Net income 1 1,098 1,822 1,802 2,006 213 835.8 1,182 1,103 281 519.7 906 1,131 852.2 887.3 1,256
Net margin 5.52% 8.19% 7.92% 7.76% 1.01% 4.15% 5.26% 5.65% 1.89% 3.24% 4.53% 5.37% 4.8% 4.64% 5.68%
EPS 2 2.910 4.830 4.770 5.180 0.5000 2.070 3.020 2.810 0.7200 1.300 2.380 3.079 2.278 1.990 3.111
Dividend per Share 2 - - - - - - - 7.800 - - - 5.000 - - -
Announcement Date 3/25/22 5/12/22 8/9/22 11/7/22 3/25/23 5/11/23 8/7/23 11/13/23 3/26/24 5/14/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,630 5,805 15,145 11,943 11,722 8,363 8,517 2,784
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.508 x 0.6728 x 1.421 x 1.187 x 1.643 x 1.117 x 0.9179 x 0.2644 x
Free Cash Flow 1 -1,421 8,859 -7,053 -1,800 8,930 7,853 5,237 2,734
ROE (net income / shareholders' equity) 15.8% 21.1% 22.5% 19.2% 10.2% 10% 12.3% 13.6%
ROA (Net income/ Total Assets) 6.04% 8.14% 8.49% 6.85% 3.82% 3.87% 5.01% 5.97%
Assets 1 55,833 60,766 69,850 85,367 89,042 87,403 92,243 90,791
Book Value Per Share 2 58.20 67.10 73.30 88.50 85.90 83.40 94.30 99.00
Cash Flow per Share 2 5.140 30.20 -13.20 1.320 27.00 22.30 19.50 13.80
Capex 1 3,327 2,538 2,093 2,312 1,660 1,498 1,697 1,370
Capex / Sales 5.24% 3.63% 2.56% 2.51% 2.16% 1.99% 2.05% 1.52%
Announcement Date 3/29/20 3/29/21 3/25/22 3/25/23 3/26/24 - - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Giant Manufacturing Co., Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
226 TWD
Average target price
249.6 TWD
Spread / Average Target
+10.44%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Recreational Products

1st Jan change Capi.
GIANT MANUFACTURING CO., LTD. Stock Giant Manufacturing Co., Ltd.
+22.83% 2.73B
BRUNSWICK CORPORATION Stock Brunswick Corporation
-20.23% 5.21B
THOR INDUSTRIES, INC. Stock THOR Industries, Inc.
-17.69% 5.18B
BRP INC. Stock BRP Inc.
-9.12% 4.64B
POLARIS INC. Stock Polaris Inc.
-17.92% 4.4B
YETI HOLDINGS, INC. Stock YETI Holdings, Inc.
-16.90% 3.67B
TRIGANO Stock Trigano
-6.27% 2.9B
VISTA OUTDOOR INC. Stock Vista Outdoor Inc.
+21.00% 2.09B
WINNEBAGO INDUSTRIES, INC. Stock Winnebago Industries, Inc.
-18.15% 1.75B
FUSHENG PRECISION CO., LTD. Stock FuSheng Precision Co., Ltd.
+47.70% 1.25B
Other Recreational Products
  1. Stock Market
  2. Equities
  3. 9921 Stock
  4. Financials Giant Manufacturing Co., Ltd.