Financials Jih Lin Technology Co., Ltd.

Equities

5285

TW0005285001

Semiconductors

End-of-day quote Taiwan S.E. 03:30:00 06/05/2024 am IST 5-day change 1st Jan Change
66.8 TWD +0.91% Intraday chart for Jih Lin Technology Co., Ltd. +0.91% -7.22%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,800 6,106 7,132 11,020 6,143 7,347
Enterprise Value (EV) 1 6,988 7,528 8,419 11,959 7,078 8,035
P/E ratio 17.8 x 27.7 x 56.7 x 22.4 x 14.8 x 41.1 x
Yield 5.2% 3.79% 3.18% 3.7% 5.81% 2.78%
Capitalization / Revenue 1.16 x 1.37 x 1.64 x 1.74 x 0.98 x 1.43 x
EV / Revenue 1.4 x 1.69 x 1.94 x 1.89 x 1.13 x 1.57 x
EV / EBITDA 10.9 x 16.6 x 20.4 x 14.7 x 10.9 x 18.5 x
EV / FCF -18.6 x 129 x 28.3 x -217 x 28.5 x 13.6 x
FCF Yield -5.37% 0.78% 3.53% -0.46% 3.51% 7.38%
Price to Book 2.6 x 2.5 x 3.03 x 3.58 x 1.97 x 2.56 x
Nbr of stocks (in thousands) 83,811 94,089 94,089 1,02,041 1,02,041 1,02,041
Reference price 2 69.20 64.90 75.80 108.0 60.20 72.00
Announcement Date 22/03/19 24/03/20 22/03/21 18/03/22 22/03/23 08/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,009 4,458 4,347 6,332 6,274 5,132
EBITDA 1 639.4 453.4 412.8 812 649.7 433.6
EBIT 1 459.4 264.8 225.6 616.2 442.5 225.8
Operating Margin 9.17% 5.94% 5.19% 9.73% 7.05% 4.4%
Earnings before Tax (EBT) 1 459.9 240.8 165.9 601 527.9 275.9
Net income 1 380.8 218.2 129 468.7 416.7 178.6
Net margin 7.6% 4.89% 2.97% 7.4% 6.64% 3.48%
EPS 2 3.882 2.339 1.338 4.820 4.080 1.750
Free Cash Flow 1 -375 58.35 297.2 -55.22 248.1 592.8
FCF margin -7.49% 1.31% 6.84% -0.87% 3.95% 11.55%
FCF Conversion (EBITDA) - 12.87% 71.99% - 38.18% 136.72%
FCF Conversion (Net income) - 26.74% 230.31% - 59.53% 331.87%
Dividend per Share 2 3.600 2.460 2.412 4.000 3.500 2.000
Announcement Date 22/03/19 24/03/20 22/03/21 18/03/22 22/03/23 08/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 1,602 1,682 1,605 1,384 1,283 1,257 1,325 1,266
EBITDA - - - - - - - -
EBIT 1 119.3 175.6 89.42 58.19 35.68 57.63 72.18 60.33
Operating Margin 7.45% 10.44% 5.57% 4.2% 2.78% 4.58% 5.45% 4.77%
Earnings before Tax (EBT) 1 - - 132.6 33.82 34.28 106.2 101.8 33.62
Net income 1 114.5 172.2 103.9 26.16 14.57 94.76 46.68 22.62
Net margin 7.14% 10.24% 6.47% 1.89% 1.14% 7.54% 3.52% 1.79%
EPS 2 1.120 1.690 1.010 - 0.1400 0.9300 0.4600 0.2200
Dividend per Share - - - - - - - -
Announcement Date 04/05/22 11/08/22 10/11/22 22/03/23 10/05/23 07/08/23 09/11/23 08/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,189 1,421 1,287 938 935 688
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.859 x 3.135 x 3.117 x 1.156 x 1.439 x 1.587 x
Free Cash Flow 1 -375 58.3 297 -55.2 248 593
ROE (net income / shareholders' equity) 17.8% 9.32% 5.39% 17.3% 13.5% 5.97%
ROA (Net income/ Total Assets) 6.4% 3.33% 2.7% 7.01% 4.97% 2.64%
Assets 1 5,952 6,546 4,778 6,688 8,392 6,775
Book Value Per Share 2 26.60 25.90 25.00 30.20 30.50 28.10
Cash Flow per Share 2 9.810 7.510 12.30 8.260 8.430 10.70
Capex 1 561 157 119 207 147 95
Capex / Sales 11.19% 3.52% 2.74% 3.27% 2.34% 1.85%
Announcement Date 22/03/19 24/03/20 22/03/21 18/03/22 22/03/23 08/03/24
1TWD in Million2TWD
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
66.8
Average target price
-
Consensus
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