Financials I-Chiun Precision Industry Co., Ltd.

Equities

2486

TW0002486008

Semiconductors

End-of-day quote Taiwan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
74.6 TWD +4.34% Intraday chart for I-Chiun Precision Industry Co., Ltd. +2.75% +59.40%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,861 1,805 3,828 11,431 4,817 10,305
Enterprise Value (EV) 1 2,362 2,559 4,711 12,777 5,629 10,569
P/E ratio -16.8 x -10.2 x -25.9 x 28.8 x 47.2 x 51 x
Yield - - - 0.97% 1.84% 1.39%
Capitalization / Revenue 0.47 x 0.49 x 0.91 x 1.91 x 0.93 x 2.03 x
EV / Revenue 0.59 x 0.7 x 1.12 x 2.13 x 1.08 x 2.09 x
EV / EBITDA 9.1 x 12.8 x 12.3 x 13.4 x 13.5 x 18.6 x
EV / FCF -10.9 x -28 x -25.6 x -13.2 x 13.3 x 25.5 x
FCF Yield -9.15% -3.57% -3.91% -7.59% 7.52% 3.93%
Price to Book 0.59 x 0.62 x 1.38 x 2.81 x 1.18 x 2.46 x
Nbr of stocks (in thousands) 197,297 197,297 197,297 221,959 221,959 220,202
Reference price 2 9.430 9.150 19.40 51.50 21.70 46.80
Announcement Date 3/26/19 3/31/20 3/23/21 3/29/22 3/14/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,988 3,665 4,197 5,988 5,196 5,069
EBITDA 1 259.5 200.4 381.7 951 417.6 568.4
EBIT 1 -193.2 -209.9 -47.05 534.4 -1.49 176.5
Operating Margin -4.84% -5.73% -1.12% 8.92% -0.03% 3.48%
Earnings before Tax (EBT) 1 -125.6 -235.1 -130.7 453.4 130.3 244.4
Net income 1 -109.1 -177.5 -148 375.8 103.3 200.9
Net margin -2.74% -4.84% -3.53% 6.27% 1.99% 3.96%
EPS 2 -0.5606 -0.9000 -0.7500 1.790 0.4600 0.9184
Free Cash Flow 1 -216.1 -91.33 -184.1 -970.1 423.3 415.1
FCF margin -5.42% -2.49% -4.39% -16.2% 8.15% 8.19%
FCF Conversion (EBITDA) - - - - 101.38% 73.03%
FCF Conversion (Net income) - - - - 409.84% 206.63%
Dividend per Share - - - 0.5000 0.4000 0.6500
Announcement Date 3/26/19 3/31/20 3/23/21 3/29/22 3/14/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 501 754 884 1,346 813 263
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.931 x 3.76 x 2.316 x 1.416 x 1.946 x 0.4632 x
Free Cash Flow 1 -216 -91.3 -184 -970 423 415
ROE (net income / shareholders' equity) -3.5% -5.95% -5.33% 10.7% 2.17% 4.62%
ROA (Net income/ Total Assets) -1.81% -2.16% -0.49% 4.59% -0.01% 1.42%
Assets 1 6,015 8,203 30,005 8,192 -906,035 14,196
Book Value Per Share 2 16.00 14.70 14.10 18.30 18.40 19.00
Cash Flow per Share 2 5.570 4.510 5.140 5.180 5.990 6.780
Capex 1 362 381 477 472 411 129
Capex / Sales 9.07% 10.39% 11.36% 7.89% 7.9% 2.55%
Announcement Date 3/26/19 3/31/20 3/23/21 3/29/22 3/14/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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