Financials Chin Yang Industry Co., Ltd.

Equities

A003780

KR7003780004

Commodity Chemicals

End-of-day quote Korea S.E. 06:00:00 2024-07-10 pm EDT 5-day change 1st Jan Change
6,450 KRW +0.47% Intraday chart for Chin Yang Industry Co., Ltd. -1.23% -6.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 68,120 51,870 65,780 108,810 81,120 89,440
Enterprise Value (EV) 1 67,768 45,947 64,527 112,969 85,566 89,924
P/E ratio 28.2 x 7.6 x 12.8 x 17.6 x 13.2 x 10.5 x
Yield 1.91% 5.01% 3.56% 2.09% 3.21% 3.63%
Capitalization / Revenue 1.15 x 0.84 x 1.02 x 1.43 x 0.97 x 1.03 x
EV / Revenue 1.14 x 0.74 x 1 x 1.48 x 1.02 x 1.04 x
EV / EBITDA 15.4 x 4.15 x 6.49 x 12.6 x 10.4 x 8.44 x
EV / FCF 19.8 x 9.41 x 10.3 x -33.7 x 38.1 x -45.6 x
FCF Yield 5.05% 10.6% 9.75% -2.96% 2.63% -2.19%
Price to Book 1.92 x 1.26 x 1.51 x 2.29 x 1.58 x 1.57 x
Nbr of stocks (in thousands) 13,000 13,000 13,000 13,000 13,000 13,000
Reference price 2 5,240 3,990 5,060 8,370 6,240 6,880
Announcement Date 3/6/19 3/11/20 3/10/21 3/8/22 3/8/23 3/6/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 59,350 61,838 64,314 76,350 83,673 86,872
EBITDA 1 4,403 11,079 9,942 8,944 8,265 10,649
EBIT 1 3,020 9,142 7,890 6,846 5,285 7,570
Operating Margin 5.09% 14.78% 12.27% 8.97% 6.32% 8.71%
Earnings before Tax (EBT) 1 2,941 9,285 7,311 7,356 5,476 10,047
Net income 1 2,411 6,823 5,137 6,198 6,136 8,496
Net margin 4.06% 11.03% 7.99% 8.12% 7.33% 9.78%
EPS 2 185.5 524.8 395.0 476.8 472.0 653.6
Free Cash Flow 1 3,424 4,883 6,288 -3,348 2,246 -1,974
FCF margin 5.77% 7.9% 9.78% -4.39% 2.68% -2.27%
FCF Conversion (EBITDA) 77.76% 44.08% 63.25% - 27.18% -
FCF Conversion (Net income) 141.98% 71.58% 122.42% - 36.61% -
Dividend per Share 2 100.0 200.0 180.0 175.0 200.0 250.0
Announcement Date 3/6/19 3/11/20 3/10/21 3/8/22 3/8/23 3/6/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 4,159 4,446 484
Net Cash position 1 352 5,923 1,253 - - -
Leverage (Debt/EBITDA) - - - 0.465 x 0.538 x 0.0454 x
Free Cash Flow 1 3,424 4,883 6,288 -3,348 2,246 -1,974
ROE (net income / shareholders' equity) 6.93% 17.8% 12.2% 13.6% 12.4% 15.7%
ROA (Net income/ Total Assets) 3.87% 10.9% 7.87% 5.76% 4.11% 5.48%
Assets 1 62,328 62,822 65,229 107,619 149,156 155,122
Book Value Per Share 2 2,724 3,159 3,341 3,652 3,941 4,385
Cash Flow per Share 2 205.0 537.0 637.0 569.0 468.0 368.0
Capex 1 551 2,001 1,010 8,011 3,409 12,207
Capex / Sales 0.93% 3.24% 1.57% 10.49% 4.07% 14.05%
Announcement Date 3/6/19 3/11/20 3/10/21 3/8/22 3/8/23 3/6/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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