Financials Advanced Ceramic X Corporation

Equities

3152

TW0003152005

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
209.5 TWD +3.46% Intraday chart for Advanced Ceramic X Corporation +2.95% -14.49%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 24,294 35,198 24,259 12,595 16,909 14,459
Enterprise Value (EV) 1 22,350 35,198 23,807 11,999 16,909 14,459
P/E ratio 37.6 x 42.5 x 23.7 x 45.7 x 59.9 x 33.3 x
Yield 2.39% 2.12% 2.28% 1.97% - -
Capitalization / Revenue 14,226,594 x 16,052,841 x 8,523,051 x 8,595,927 x - -
EV / Revenue 14,226,593 x 16,052,841 x 8,523,051 x 8,595,926 x - -
EV / EBITDA 25,813,249 x 29,378,499 x 15,349,956 x 18,938,285 x - -
EV / FCF 58,517,322 x -590,624,415 x 158,624,212 x 15,653,802 x - -
FCF Yield 0% -0% 0% 0% - -
Price to Book 7.38 x 9.93 x 6.34 x 3.54 x - -
Nbr of stocks (in thousands) 69,016 69,016 69,016 69,016 69,016 69,016
Reference price 2 352.0 510.0 351.5 182.5 245.0 209.5
Announcement Date 2/26/20 2/22/21 2/22/22 2/23/23 3/1/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1,708 2,193 2,846 1,465 - -
EBITDA 941.1 1,198 1,580 665.1 - -
EBIT 793.1 1,044 1,300 299.3 - -
Operating Margin 46.45% 47.62% 45.67% 20.43% - -
Earnings before Tax (EBT) 805.5 1,037 1,285 348.8 - -
Net income 646.7 829.9 1,027 275.4 - -
Net margin 37.87% 37.85% 36.08% 18.79% - -
EPS 1 9.350 12.01 14.84 3.990 4.090 6.300
Free Cash Flow 415.2 -59.6 152.9 804.6 - -
FCF margin 24.31% -2.72% 5.37% 54.91% - -
FCF Conversion (EBITDA) 44.11% - 9.68% 120.98% - -
FCF Conversion (Net income) 64.2% - 14.89% 292.22% - -
Dividend per Share 8.430 10.80 8.000 3.590 - -
Announcement Date 2/26/20 2/22/21 2/22/22 2/23/23 3/1/24 -
1TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 738.4 511.2 404.6 379.3 324.1 357.2 318 359.7 396
EBITDA 419.8 236.2 176.5 194.8 142.2 - - - -
EBIT 1 343.6 143.6 84.69 103.8 50.76 60.06 53.26 70.94 95.34
Operating Margin 46.54% 28.1% 20.93% 27.36% 15.66% 16.81% 16.75% 19.72% 24.07%
Earnings before Tax (EBT) 1 355.9 138.8 99.83 110.2 84.89 53.89 54.71 79.84 115.3
Net income 1 284.7 109.9 79.87 88.17 66.06 41.26 43.77 63.87 90.87
Net margin 38.56% 21.5% 19.74% 23.24% 20.38% 11.55% 13.76% 17.76% 22.95%
EPS 2 4.110 1.590 1.150 1.280 0.9600 0.6000 0.6300 0.9300 1.320
Dividend per Share - - - - - - - - -
Announcement Date 11/10/21 2/22/22 5/3/22 8/9/22 11/1/22 2/23/23 5/4/23 8/1/23 11/7/23
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,209 1,943 1,266 668 919 1,297
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 523 300 867 -121 787 884
ROE (net income / shareholders' equity) 22.8% 19.5% 24.3% 27.9% 7.46% 7.91%
ROA (Net income/ Total Assets) 15% 13.1% 16.2% 18.4% 4.32% 5.17%
Assets 1 5,039 4,942 5,137 5,574 6,381 5,466
Book Value Per Share 2 48.30 47.80 51.40 55.40 51.50 52.00
Cash Flow per Share 2 24.80 25.00 15.20 6.550 8.640 6.450
Capex 1 216 426 27.3 842 209 113
Capex / Sales 11.98% 24.94% 1.25% 29.6% 14.26% 7.6%
Announcement Date 2/27/19 2/26/20 2/26/21 2/23/22 2/23/23 3/1/24
1TWD in Million2TWD
Estimates
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