Financials Green World Fintech Service Co., Ltd.

Equities

6763

TW0006763006

Business Support Services

End-of-day quote Taipei Exchange 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
399 TWD +0.76% Intraday chart for Green World Fintech Service Co., Ltd. +1.92% -12.98%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 4,040 20,528 6,929 8,438
Enterprise Value (EV) 1 3,562 19,515 4,782 7,393
P/E ratio 22.4 x 64.7 x 18.6 x 21.2 x
Yield 3.06% 1.13% 3.9% 3.97%
Capitalization / Revenue 3.61 x 14.6 x 4.62 x 5.45 x
EV / Revenue 3.18 x 13.9 x 3.19 x 4.77 x
EV / EBITDA 15.6 x 48.1 x 11.1 x 17.4 x
EV / FCF 5.82 x 31.8 x -31.4 x 255 x
FCF Yield 17.2% 3.15% -3.18% 0.39%
Price to Book 11.7 x 41.7 x 2.77 x 3.01 x
Nbr of stocks (in thousands) 15,562 15,562 17,904 18,404
Reference price 2 259.6 1,319 387.0 458.5
Announcement Date 3/23/21 2/15/22 3/16/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 634.5 936.2 1,120 1,407 1,498 1,549
EBITDA 1 73.25 170.1 228.3 405.3 430 425.6
EBIT 1 69.71 167.1 223.9 397.7 424.3 419.6
Operating Margin 10.99% 17.85% 19.99% 28.27% 28.32% 27.09%
Earnings before Tax (EBT) 1 70.88 169.2 225.7 400.4 452.3 490.6
Net income 1 71.17 135 181.8 317.4 364.7 396.8
Net margin 11.22% 14.42% 16.23% 22.56% 24.34% 25.62%
EPS 2 5.727 9.938 11.58 20.37 20.81 21.61
Free Cash Flow 1 -407 -46.87 612 614.1 -152.1 28.96
FCF margin -64.15% -5.01% 54.63% 43.65% -10.15% 1.87%
FCF Conversion (EBITDA) - - 268.09% 151.52% - 6.81%
FCF Conversion (Net income) - - 336.55% 193.48% - 7.3%
Dividend per Share - 7.453 7.950 14.86 15.10 18.20
Announcement Date 10/18/19 3/25/20 3/23/21 2/15/22 3/16/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2
Net sales 1 356.4 357.2
EBITDA - -
EBIT 1 91.99 101.6
Operating Margin 25.81% 28.45%
Earnings before Tax (EBT) 1 92.96 108.3
Net income 1 74.69 87.69
Net margin 20.96% 24.55%
EPS 2 4.629 4.900
Dividend per Share - -
Announcement Date 5/12/22 8/9/22
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 89.5 171 479 1,013 2,147 1,045
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -407 -46.9 612 614 -152 29
ROE (net income / shareholders' equity) 94.4% 60% 53.2% 75.9% 24.4% 14.9%
ROA (Net income/ Total Assets) 2.9% 4.61% 4.91% 7.08% 5.2% 4.08%
Assets 1 2,455 2,926 3,706 4,486 7,014 9,725
Book Value Per Share 2 9.700 21.80 22.10 31.60 140.0 153.0
Cash Flow per Share 2 10.10 7.820 39.50 60.20 46.50 59.80
Capex 1 1.39 6.63 6.06 9.94 3.99 12.8
Capex / Sales 0.22% 0.71% 0.54% 0.71% 0.27% 0.83%
Announcement Date 10/18/19 3/25/20 3/23/21 2/15/22 3/16/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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