Financials Kwang Myung Electric Co.,Ltd

Equities

A017040

KR7017040007

Heavy Electrical Equipment

End-of-day quote Korea S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
2,660 KRW -2.56% Intraday chart for Kwang Myung Electric Co.,Ltd -2.21% +12.71%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 113,545 98,810 87,109 111,378 90,359 100,235
Enterprise Value (EV) 1 101,634 56,848 36,853 53,583 44,288 57,482
P/E ratio 43.5 x 12.3 x 18.6 x 19.1 x 16.7 x 9.87 x
Yield - 0.66% 0.75% 0.39% 0.48% -
Capitalization / Revenue 1 x 0.75 x 0.71 x 0.81 x 0.65 x 0.62 x
EV / Revenue 0.89 x 0.43 x 0.3 x 0.39 x 0.32 x 0.36 x
EV / EBITDA 20.8 x 6.41 x 6.29 x 11.9 x 7.78 x -56.9 x
EV / FCF -11.6 x 3.99 x 6.66 x -4.95 x -5 x -2.46 x
FCF Yield -8.59% 25% 15% -20.2% -20% -40.7%
Price to Book 1.26 x 1.01 x 0.85 x 1.03 x 0.8 x 0.83 x
Nbr of stocks (in thousands) 43,338 43,338 43,338 43,338 43,338 42,473
Reference price 2 2,620 2,280 2,010 2,570 2,085 2,360
Announcement Date 3/14/19 3/17/20 3/22/21 3/22/22 3/21/23 3/20/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 114,111 131,864 123,548 137,093 138,239 161,220
EBITDA 1 4,888 8,869 5,860 4,494 5,695 -1,010
EBIT 1 2,619 7,940 4,237 2,865 4,419 -2,291
Operating Margin 2.3% 6.02% 3.43% 2.09% 3.2% -1.42%
Earnings before Tax (EBT) 1 4,227 7,016 5,857 6,652 6,419 13,018
Net income 1 2,609 8,011 4,673 5,818 5,379 10,187
Net margin 2.29% 6.07% 3.78% 4.24% 3.89% 6.32%
EPS 2 60.19 184.8 107.8 134.2 124.5 239.0
Free Cash Flow 1 -8,730 14,238 5,535 -10,834 -8,855 -23,369
FCF margin -7.65% 10.8% 4.48% -7.9% -6.41% -14.49%
FCF Conversion (EBITDA) - 160.54% 94.45% - - -
FCF Conversion (Net income) - 177.74% 118.44% - - -
Dividend per Share - 15.00 15.00 10.00 10.00 -
Announcement Date 3/14/19 3/17/20 3/22/21 3/22/22 3/21/23 3/20/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 11,911 41,962 50,256 57,795 46,071 42,753
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -8,730 14,238 5,535 -10,834 -8,855 -23,369
ROE (net income / shareholders' equity) 2.78% 6.31% 4.37% 5.21% 4.82% 8.52%
ROA (Net income/ Total Assets) 1.08% 3.22% 1.64% 1.07% 1.61% -0.8%
Assets 1 242,638 249,036 284,601 545,486 333,154 -1,278,998
Book Value Per Share 2 2,078 2,255 2,362 2,486 2,621 2,855
Cash Flow per Share 2 826.0 791.0 855.0 863.0 466.0 1,093
Capex 1 2,726 615 4,764 803 5,755 12,769
Capex / Sales 2.39% 0.47% 3.86% 0.59% 4.16% 7.92%
Announcement Date 3/14/19 3/17/20 3/22/21 3/22/22 3/21/23 3/20/24
1KRW in Million2KRW
Estimates
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