Stock 6171 TACHENG REAL ESTATE CO.,LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Tacheng Real Estate Co.,Ltd.

Equities

6171

TW0006171002

Real Estate Development & Operations

End-of-day quote Taipei Exchange
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
43.2 TWD +4.73% Intraday chart for Tacheng Real Estate Co.,Ltd. +13.09% +68.42%
Mar. 25 Tacheng Real Estate Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Tacheng Real Estate Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 836.4 1,714 1,613 2,539 2,420 2,565
Enterprise Value (EV) 1 836.4 2,398 1,949 3,206 2,928 2,562
P/E ratio 35.8 x 570 x 6.95 x 6.08 x 6.99 x 10.3 x
Yield 1.8% 1.32% 4.67% 5.12% 4.13% -
Capitalization / Revenue 2.93 x 10.1 x 1.32 x 1.25 x 1.25 x 1.86 x
EV / Revenue 2.93 x 10.1 x 1.32 x 1.25 x 1.25 x 1.86 x
EV / EBITDA 24.6 x 762 x 5.86 x 5.15 x 5.68 x 9.01 x
EV / FCF -2.74 x -3.44 x 5.03 x -6.87 x 11.6 x 4.71 x
FCF Yield -36.5% -29.1% 19.9% -14.6% 8.62% 21.2%
Price to Book - 1.61 x 1.26 x 1.57 x 1.32 x 1.29 x
Nbr of stocks (in thousands) 100,000 100,000 100,000 100,000 100,000 100,000
Reference price 2 8.364 17.14 16.13 25.39 24.20 25.65
Announcement Date 4/1/19 5/29/20 3/31/21 3/28/22 6/2/23 3/25/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 285.2 169.6 1,224 2,028 1,944 1,382
EBITDA 1 33.96 2.249 275.2 492.8 426.3 284.8
EBIT 1 33.75 2.092 274.7 492.7 426.1 284.7
Operating Margin 11.84% 1.23% 22.44% 24.3% 21.92% 20.6%
Earnings before Tax (EBT) 1 33.31 3.571 277.3 493.6 429.2 290.2
Net income 1 23.7 3.296 232.4 417.7 346 247.8
Net margin 8.31% 1.94% 18.98% 20.6% 17.8% 17.93%
EPS 2 0.2336 0.0301 2.321 4.177 3.460 2.478
Free Cash Flow 1 -305.3 -498.8 320.4 -369.4 208.5 544.9
FCF margin -107.07% -294.19% 26.17% -18.22% 10.73% 39.42%
FCF Conversion (EBITDA) - - 116.42% - 48.91% 191.34%
FCF Conversion (Net income) - - 137.84% - 60.26% 219.88%
Dividend per Share 2 0.1507 0.2261 0.7535 1.300 1.000 -
Announcement Date 4/1/19 5/29/20 3/31/21 3/28/22 6/2/23 3/25/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt - 684 336 667 508 -
Net Cash position - - - - - 2.84
Leverage (Debt/EBITDA) - 304.1 x 1.223 x 1.354 x 1.192 x -
Free Cash Flow 1 -305 -499 320 -369 209 545
ROE (net income / shareholders' equity) 2.2% 0.31% 19.9% 28.9% 20.1% 13%
ROA (Net income/ Total Assets) 1.38% 0.07% 6.01% 9.1% 8.02% 5.48%
Assets 1 1,722 4,942 3,866 4,592 4,315 4,522
Book Value Per Share - 10.70 12.70 16.20 18.30 19.80
Cash Flow per Share - 1.140 5.130 2.060 2.280 5.540
Capex - 0.17 0.08 - 0.22 -
Capex / Sales - 0.1% 0.01% - 0.01% -
Announcement Date 4/1/19 5/29/20 3/31/21 3/28/22 6/2/23 3/25/24
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Real Estate Development & Operations

1st Jan change Capi.
TACHENG REAL ESTATE CO.,LTD. Stock Tacheng Real Estate Co.,Ltd.
+68.42% 132M
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+36.16% 27.94B
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-13.74% 26.97B
DLF LIMITED Stock DLF Limited
+25.00% 26.95B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
-0.71% 25.32B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+44.49% 22.58B
EMAAR PROPERTIES Stock Emaar Properties
+2.78% 19.59B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
+1.45% 19.52B
SUMITOMO REALTY & DEVELOPMENT CO., LTD. Stock Sumitomo Realty & Development Co., Ltd.
+28.54% 16.23B
CK ASSET HOLDINGS LIMITED Stock CK Asset Holdings Limited
-14.80% 14.98B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. 6171 Stock
  4. Financials Tacheng Real Estate Co.,Ltd.