Financials Solomon Technology Corporation

Equities

2359

TW0002359007

Electrical Components & Equipment

End-of-day quote Taiwan S.E. 06:00:00 2024-05-14 pm EDT 5-day change 1st Jan Change
125.5 TWD +9.61% Intraday chart for Solomon Technology Corporation +23.65% +220.97%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,110 3,787 3,290 4,096 4,473 6,701
Enterprise Value (EV) 1 915.3 1,001 1,271 3,002 2,774 5,435
P/E ratio 11 x 11.9 x 162 x 20.6 x 9.78 x 12.6 x
Yield 6.06% 3.62% 2.6% 3.77% 5.75% 4.35%
Capitalization / Revenue 0.79 x 1.01 x 0.93 x 1.05 x 0.85 x 1.59 x
EV / Revenue 0.23 x 0.27 x 0.36 x 0.77 x 0.53 x 1.29 x
EV / EBITDA 4.9 x 13.8 x 13.4 x 29.7 x 8.99 x 30.4 x
EV / FCF -52.2 x 2.04 x -6.25 x -18.2 x 5.13 x -28 x
FCF Yield -1.92% 49% -16% -5.49% 19.5% -3.57%
Price to Book 0.7 x 0.83 x 0.74 x 0.9 x 0.91 x 1.28 x
Nbr of stocks (in thousands) 171,371 171,371 171,371 171,371 171,371 171,371
Reference price 2 18.15 22.10 19.20 23.90 26.10 39.10
Announcement Date 3/19/19 3/18/20 3/22/21 3/24/22 3/28/23 3/20/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,949 3,737 3,527 3,899 5,250 4,220
EBITDA 1 186.7 72.82 94.95 100.9 308.7 178.6
EBIT 1 150.7 33.44 46.94 49.29 264.5 143.1
Operating Margin 3.82% 0.89% 1.33% 1.26% 5.04% 3.39%
Earnings before Tax (EBT) 1 374.4 437.5 83.94 258.7 655.8 638.5
Net income 1 282.2 318.4 20.32 198.5 458.2 532.2
Net margin 7.15% 8.52% 0.58% 5.09% 8.73% 12.61%
EPS 2 1.647 1.858 0.1186 1.158 2.670 3.100
Free Cash Flow 1 -17.54 490.4 -203.5 -164.9 540.7 -194.3
FCF margin -0.44% 13.12% -5.77% -4.23% 10.3% -4.6%
FCF Conversion (EBITDA) - 673.45% - - 175.14% -
FCF Conversion (Net income) - 154% - - 117.99% -
Dividend per Share 2 1.100 0.8000 0.5000 0.9000 1.500 1.700
Announcement Date 3/19/19 3/18/20 3/22/21 3/24/22 3/28/23 3/20/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,195 2,786 2,019 1,094 1,698 1,266
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -17.5 490 -204 -165 541 -194
ROE (net income / shareholders' equity) 6.67% 7.39% 0.62% 4.4% 9.24% 10.2%
ROA (Net income/ Total Assets) 1.57% 0.34% 0.46% 0.43% 2.02% 1.03%
Assets 1 17,936 94,383 4,425 46,295 22,640 51,759
Book Value Per Share 2 26.00 26.70 26.10 26.70 28.60 30.50
Cash Flow per Share 2 11.30 13.80 7.490 8.050 14.30 7.330
Capex 1 30.2 40 18.7 22 27.4 18.9
Capex / Sales 0.77% 1.07% 0.53% 0.56% 0.52% 0.45%
Announcement Date 3/19/19 3/18/20 3/22/21 3/24/22 3/28/23 3/20/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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