Financials HIM International Music Inc.

Equities

8446

TW0008446006

Entertainment Production

End-of-day quote Taipei Exchange 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
100 TWD -1.48% Intraday chart for HIM International Music Inc. -5.21% -6.10%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 6,535 5,424 4,768 4,291 5,635 5,291
Enterprise Value (EV) 1 6,535 5,424 4,768 4,291 5,635 5,291
P/E ratio 12.1 x 10.8 x 13.8 x 13.7 x 13 x -
Yield 7.29% 6.83% - - - -
Capitalization / Revenue 43,57,764 x 46,57,070 x 56,98,950 x 47,82,172 x 47,01,921 x -
EV / Revenue 43,57,764 x 46,57,070 x 56,98,950 x 47,82,172 x 47,01,921 x -
EV / EBITDA 95,52,007 x 79,35,063 x 1,01,09,861 x 91,79,140 x - -
EV / FCF - 1,20,91,337 x - - - -
FCF Yield - 0% - - - -
Price to Book 4.92 x 3.85 x 3.03 x 2.6 x 3.1 x -
Nbr of stocks (in thousands) 52,914 52,914 52,914 52,914 52,914 52,914
Reference price 2 123.5 102.5 90.10 81.10 106.5 100.0
Announcement Date 24/03/20 09/03/21 15/03/22 10/03/23 15/03/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,696 1,500 1,165 836.6 897.4 1,199
EBITDA 1 570.1 672 671.8 436.3 457.1 508
EBIT 1 511.8 602.1 611.1 384.1 418.1 466.7
Operating Margin 30.18% 40.15% 52.47% 45.92% 46.59% 38.94%
Earnings before Tax (EBT) 1 584.4 657.6 620.7 413.4 376 524.6
Net income 1 478.5 541 505.2 347.3 314.3 435.6
Net margin 28.22% 36.07% 43.38% 41.52% 35.02% 36.34%
EPS 2 8.840 10.20 9.520 6.550 5.920 8.210
Free Cash Flow 1 285.6 610.6 234.6 -241.8 523.9 566.6
FCF margin 16.84% 40.72% 20.15% -28.9% 58.38% 47.28%
FCF Conversion (EBITDA) 50.1% 90.87% 34.93% - 114.61% 111.53%
FCF Conversion (Net income) 59.69% 112.88% 46.44% - 166.71% 130.08%
Dividend per Share 2 6.000 9.000 7.000 4.500 5.000 6.000
Announcement Date 27/03/19 27/03/20 29/03/21 14/03/22 10/03/23 15/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 182.3 233.4 220.8 195.6 225.7 255.3 244.8 306.1 269.5
EBITDA - - - - - - - - -
EBIT 1 75.79 104.1 101.1 100.4 100 116.6 105.3 130.2 108.5
Operating Margin 41.57% 44.59% 45.78% 51.34% 44.32% 45.66% 43.02% 42.53% 40.26%
Earnings before Tax (EBT) 1 83.95 111.1 53.68 95.3 97.72 129.3 97.34 146.3 171.2
Net income 1 66.22 96.01 43.42 90.26 78.69 101.9 78.36 131.5 136.8
Net margin 36.32% 41.13% 19.67% 46.14% 34.86% 39.91% 32.01% 42.96% 50.74%
EPS 2 1.250 1.810 0.8200 1.700 1.490 1.920 1.480 2.480 2.580
Dividend per Share - - - - - - - - -
Announcement Date 09/11/21 15/03/22 13/05/22 09/08/22 11/11/22 10/03/23 12/05/23 09/08/23 07/11/23
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 449 - - - -
ROE (net income / shareholders' equity) 40.7% 36.9% 23.3% 19.5% - -
ROA (Net income/ Total Assets) 21.4% 18.1% 11.2% 9.91% - -
Assets 2,533 2,797 3,102 3,170 - -
Book Value Per Share 1 25.10 26.60 29.70 31.20 34.40 -
Cash Flow per Share - - - - - -
Capex 0.67 0.95 0.46 3.24 - -
Capex / Sales 0.04% 0.08% 0.06% 0.36% - -
Announcement Date 24/03/20 09/03/21 15/03/22 10/03/23 15/03/24 -
1TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
100
Average target price
-
Consensus
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