Financials Hi Sharp Electronics Co., Ltd.

Equities

3128

TW0003128005

Communications & Networking

End-of-day quote Taipei Exchange 06:00:00 2024-06-25 pm EDT 5-day change 1st Jan Change
30.75 TWD +0.16% Intraday chart for Hi Sharp Electronics Co., Ltd. +3.89% +1.82%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 588 547.8 651.5 974.4 1,699 1,238
Enterprise Value (EV) 1 640 664.9 803.8 1,206 1,958 1,522
P/E ratio 38.1 x 22 x 25.3 x 29 x 23.2 x 33.6 x
Yield 3.57% 3.94% 3.5% 3.02% 2.9% 2.65%
Capitalization / Revenue 0.77 x 0.66 x 0.77 x 1.05 x 1.59 x 1.27 x
EV / Revenue 0.83 x 0.8 x 0.95 x 1.29 x 1.83 x 1.56 x
EV / EBITDA 31.9 x 15.8 x 19.6 x 26.7 x 20.6 x 23.7 x
EV / FCF -151 x -23.8 x -255 x -27.4 x 3,354 x -5,578 x
FCF Yield -0.66% -4.2% -0.39% -3.65% 0.03% -0.02%
Price to Book 1.03 x 0.97 x 1.14 x 1.67 x 2.78 x 1.99 x
Nbr of stocks (in thousands) 42,000 41,497 41,497 42,000 41,000 41,000
Reference price 2 14.00 13.20 15.70 23.20 41.45 30.20
Announcement Date 4/1/19 3/30/20 3/29/21 3/30/22 3/25/23 3/19/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 766.5 828.8 846.8 931.8 1,072 974.5
EBITDA 1 20.09 42.14 40.92 45.15 94.98 64.11
EBIT 1 13.85 36.15 34.07 37.61 86.39 54.93
Operating Margin 1.81% 4.36% 4.02% 4.04% 8.06% 5.64%
Earnings before Tax (EBT) 1 15.96 37.58 34.84 44.51 100.8 54.51
Net income 1 15.41 25.16 25.72 33.48 73.84 37.09
Net margin 2.01% 3.04% 3.04% 3.59% 6.89% 3.81%
EPS 2 0.3670 0.6000 0.6199 0.8000 1.790 0.9000
Free Cash Flow 1 -4.234 -27.9 -3.157 -44.06 0.5838 -0.2729
FCF margin -0.55% -3.37% -0.37% -4.73% 0.05% -0.03%
FCF Conversion (EBITDA) - - - - 0.61% -
FCF Conversion (Net income) - - - - 0.79% -
Dividend per Share 2 0.5000 0.5200 0.5500 0.7000 1.200 0.8000
Announcement Date 4/1/19 3/30/20 3/29/21 3/30/22 3/25/23 3/19/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 52 117 152 232 258 284
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.587 x 2.778 x 3.721 x 5.13 x 2.719 x 4.429 x
Free Cash Flow 1 -4.23 -27.9 -3.16 -44.1 0.58 -0.27
ROE (net income / shareholders' equity) 2.55% 4.87% 4.74% 6.06% 12.7% 6.4%
ROA (Net income/ Total Assets) 0.98% 2.5% 2.17% 2.22% 4.6% 2.78%
Assets 1 1,573 1,007 1,186 1,511 1,607 1,336
Book Value Per Share 2 13.60 13.60 13.70 13.90 14.90 15.20
Cash Flow per Share 2 1.700 1.540 1.790 1.330 1.980 2.260
Capex 1 10.8 58.1 50.3 6.17 124 19
Capex / Sales 1.41% 7.01% 5.94% 0.66% 11.6% 1.94%
Announcement Date 4/1/19 3/30/20 3/29/21 3/30/22 3/25/23 3/19/24
1TWD in Million2TWD
Estimates
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