Financials Gongin Precision Ind. Co., Ltd

Equities

3178

TW0003178000

Semiconductor Equipment & Testing

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
121 TWD +1.26% Intraday chart for Gongin Precision Ind. Co., Ltd -2.42% +18.05%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,345 1,770 2,185 3,437 2,829 4,618
Enterprise Value (EV) 1 2,057 2,699 2,973 4,291 3,574 5,452
P/E ratio 14.1 x 32.3 x 20.7 x 38.2 x 12.6 x 22.7 x
Yield 3.35% 1.78% 2.47% 1.31% 3.98% -
Capitalization / Revenue 1.25 x 1.61 x 1.73 x 2.52 x 1.86 x 2.84 x
EV / Revenue 1.9 x 2.46 x 2.35 x 3.15 x 2.35 x 3.36 x
EV / EBITDA 9.98 x 11.7 x 9.31 x 14.3 x 8.92 x 12.5 x
EV / FCF -9.66 x -1,140 x 21.4 x -147 x 37.2 x 70.5 x
FCF Yield -10.4% -0.09% 4.67% -0.68% 2.69% 1.42%
Price to Book 1.55 x 2.02 x 2.3 x 3.48 x 2.4 x 3.62 x
Nbr of stocks (in thousands) 45,050 45,050 45,050 45,050 45,050 45,050
Reference price 2 29.85 39.30 48.50 76.30 62.80 102.5
Announcement Date 3/28/19 3/30/20 3/29/21 3/31/22 3/15/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,080 1,096 1,264 1,364 1,518 1,624
EBITDA 1 206.1 231 319.3 299.6 400.7 435.3
EBIT 1 78.47 75.88 154.2 121.2 222.2 265.2
Operating Margin 7.27% 6.92% 12.2% 8.89% 14.64% 16.33%
Earnings before Tax (EBT) 1 104.6 70.24 130.7 104.8 271.4 270.1
Net income 1 85.79 54.88 105.6 90.32 225.5 203.9
Net margin 7.94% 5.01% 8.35% 6.62% 14.85% 12.55%
EPS 2 2.120 1.218 2.340 2.000 5.000 4.520
Free Cash Flow 1 -212.9 -2.369 138.7 -29.24 96.17 77.31
FCF margin -19.71% -0.22% 10.97% -2.14% 6.33% 4.76%
FCF Conversion (EBITDA) - - 43.43% - 24% 17.76%
FCF Conversion (Net income) - - 131.34% - 42.65% 37.92%
Dividend per Share 2 1.000 0.7000 1.200 1.000 2.500 -
Announcement Date 3/28/19 3/30/20 3/29/21 3/31/22 3/15/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 712 929 788 853 745 834
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.454 x 4.021 x 2.467 x 2.848 x 1.86 x 1.917 x
Free Cash Flow 1 -213 -2.37 139 -29.2 96.2 77.3
ROE (net income / shareholders' equity) 10.6% 5.86% 11.1% 9.14% 20.5% 17.9%
ROA (Net income/ Total Assets) 2.68% 2.22% 4.27% 3.24% 5.33% 5.85%
Assets 1 3,204 2,469 2,474 2,784 4,233 3,488
Book Value Per Share 2 19.20 19.40 21.10 22.00 26.10 28.30
Cash Flow per Share 2 2.010 1.540 3.390 3.990 7.390 7.700
Capex 1 389 117 129 234 192 196
Capex / Sales 35.99% 10.65% 10.23% 17.15% 12.64% 12.04%
Announcement Date 3/28/19 3/30/20 3/29/21 3/31/22 3/15/23 3/14/24
1TWD in Million2TWD
Estimates
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