Financials In Win Development Inc.

Equities

6117

TW0006117005

Computer Hardware

End-of-day quote Taiwan S.E. 03:30:00 23/05/2024 am IST 5-day change 1st Jan Change
121 TWD +10.00% Intraday chart for In Win Development Inc. +35.50% +57.76%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,064 1,219 1,525 1,702 1,228 6,799
Enterprise Value (EV) 1 1,115 1,458 2,330 3,120 2,482 7,761
P/E ratio -5.57 x -7.95 x -20 x -19.5 x 22.4 x 75.2 x
Yield - - - - - -
Capitalization / Revenue 0.55 x 0.59 x 0.69 x 0.74 x 0.51 x 2.87 x
EV / Revenue 0.58 x 0.71 x 1.06 x 1.35 x 1.04 x 3.28 x
EV / EBITDA -6.92 x -30.8 x 273 x -434 x 19.4 x 30.9 x
EV / FCF -2.13 x 25 x -5.33 x -6.62 x 27.2 x 28.2 x
FCF Yield -46.9% 4% -18.8% -15.1% 3.68% 3.55%
Price to Book 0.75 x 0.99 x 1.32 x 1.61 x 1.09 x 5.6 x
Nbr of stocks (in thousands) 88,650 88,650 88,650 88,650 88,650 88,650
Reference price 2 12.00 13.75 17.20 19.20 13.85 76.70
Announcement Date 29/03/19 31/03/20 26/03/21 30/03/22 29/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,936 2,062 2,203 2,311 2,398 2,369
EBITDA 1 -161.2 -47.26 8.545 -7.182 127.7 250.9
EBIT 1 -256.7 -139.5 -70.15 -83.21 11.81 115.8
Operating Margin -13.26% -6.77% -3.18% -3.6% 0.49% 4.89%
Earnings before Tax (EBT) 1 -202.2 -142.3 -88.73 -96.42 47.37 93.58
Net income 1 -191 -153.3 -76.36 -87.06 54.73 90.63
Net margin -9.86% -7.44% -3.47% -3.77% 2.28% 3.83%
EPS 2 -2.154 -1.730 -0.8614 -0.9821 0.6174 1.020
Free Cash Flow 1 -523.5 58.25 -437.2 -471.6 91.4 275.4
FCF margin -27.04% 2.83% -19.84% -20.4% 3.81% 11.62%
FCF Conversion (EBITDA) - - - - 71.57% 109.74%
FCF Conversion (Net income) - - - - 167.01% 303.83%
Dividend per Share - - - - - -
Announcement Date 29/03/19 31/03/20 26/03/21 30/03/22 29/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 51.4 239 806 1,418 1,255 962
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -0.3188 x -5.049 x 94.28 x -197.5 x 9.824 x 3.832 x
Free Cash Flow 1 -523 58.3 -437 -472 91.4 275
ROE (net income / shareholders' equity) -12.5% -11.9% -7.6% -9% 4.29% 7.5%
ROA (Net income/ Total Assets) -5.2% -3.11% -1.5% -1.51% 0.2% 2.01%
Assets 1 3,675 4,936 5,075 5,765 27,242 4,503
Book Value Per Share 2 15.90 13.90 13.00 11.90 12.80 13.70
Cash Flow per Share 2 9.260 7.870 7.020 6.480 6.470 7.450
Capex 1 178 25.6 596 439 180 108
Capex / Sales 9.2% 1.24% 27.04% 19.01% 7.5% 4.58%
Announcement Date 29/03/19 31/03/20 26/03/21 30/03/22 29/03/23 14/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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