TONG MING ENTERPRISE CO., LTD. Financials Tong Ming Enterprise Co., Ltd.
Equities
5538
KYG8919A1031
Industrial Machinery & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 32.45 TWD | +3.18% |
|
+8.17% | -8.85% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,964 | 5,317 | 6,644 | 10,724 | 8,551 | 7,163 |
| Enterprise Value (EV) 1 | 7,005 | 6,337 | 8,100 | 12,405 | 11,643 | 10,062 |
| P/E ratio | 11.3 x | 11.9 x | 14.1 x | 6.86 x | 9.38 x | 53.1 x |
| Yield | 5.63% | 4.74% | 4.49% | 6% | 4.71% | 2.81% |
| Capitalization / Revenue | 0.67 x | 0.6 x | 0.72 x | 0.81 x | 0.55 x | 0.55 x |
| EV / Revenue | 0.79 x | 0.72 x | 0.88 x | 0.94 x | 0.75 x | 0.78 x |
| EV / EBITDA | 8.11 x | 8.06 x | 9.61 x | 5.85 x | 8.64 x | 26.6 x |
| EV / FCF | -521 x | 18.9 x | -26.1 x | -8.7 x | -9.87 x | 15.1 x |
| FCF Yield | -0.19% | 5.29% | -3.84% | -11.5% | -10.1% | 6.6% |
| Price to Book | 1.54 x | 1.37 x | 1.6 x | 1.64 x | 1.24 x | 1.1 x |
| Nbr of stocks (in thousands) | 1,68,000 | 1,68,000 | 1,68,000 | 2,01,203 | 2,01,203 | 2,01,203 |
| Reference price 2 | 35.50 | 31.65 | 39.55 | 53.30 | 42.50 | 35.60 |
| Announcement Date | 26/03/19 | 24/03/20 | 29/03/21 | 05/05/22 | 28/03/23 | 28/03/24 |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 8,887 | 8,807 | 9,171 | 13,236 | 15,428 | 12,966 |
| EBITDA 1 | 864.1 | 786.6 | 842.4 | 2,121 | 1,347 | 378.9 |
| EBIT 1 | 728.4 | 654.3 | 694.2 | 1,964 | 1,175 | 163.1 |
| Operating Margin | 8.2% | 7.43% | 7.57% | 14.84% | 7.62% | 1.26% |
| Earnings before Tax (EBT) 1 | 672.2 | 588.5 | 590.6 | 1,793 | 1,123 | 114 |
| Net income 1 | 535.9 | 466.1 | 493.6 | 1,443 | 911.2 | 135.2 |
| Net margin | 6.03% | 5.29% | 5.38% | 10.9% | 5.91% | 1.04% |
| EPS 2 | 3.143 | 2.666 | 2.808 | 7.769 | 4.529 | 0.6700 |
| Free Cash Flow 1 | -13.45 | 335.5 | -310.8 | -1,425 | -1,180 | 664.5 |
| FCF margin | -0.15% | 3.81% | -3.39% | -10.77% | -7.65% | 5.13% |
| FCF Conversion (EBITDA) | - | 42.65% | - | - | - | 175.39% |
| FCF Conversion (Net income) | - | 71.97% | - | - | - | 491.64% |
| Dividend per Share 2 | 2.000 | 1.500 | 1.777 | 3.200 | 2.000 | 1.000 |
| Announcement Date | 26/03/19 | 24/03/20 | 29/03/21 | 05/05/22 | 28/03/23 | 28/03/24 |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,041 | 1,019 | 1,455 | 1,680 | 3,092 | 2,899 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.205 x | 1.296 x | 1.728 x | 0.7921 x | 2.294 x | 7.65 x |
| Free Cash Flow 1 | -13.5 | 335 | -311 | -1,425 | -1,180 | 665 |
| ROE (net income / shareholders' equity) | 13.9% | 12% | 12.3% | 27% | 13.6% | 2.02% |
| ROA (Net income/ Total Assets) | 6.34% | 5.46% | 5.36% | 11.8% | 5.78% | 0.79% |
| Assets 1 | 8,448 | 8,543 | 9,205 | 12,191 | 15,766 | 17,101 |
| Book Value Per Share 2 | 23.10 | 23.10 | 24.80 | 32.40 | 34.40 | 32.40 |
| Cash Flow per Share 2 | 8.870 | 7.020 | 11.60 | 8.430 | 8.210 | 6.200 |
| Capex 1 | 266 | 155 | 138 | 711 | 1,019 | 700 |
| Capex / Sales | 2.99% | 1.76% | 1.5% | 5.37% | 6.6% | 5.4% |
| Announcement Date | 26/03/19 | 24/03/20 | 29/03/21 | 05/05/22 | 28/03/23 | 28/03/24 |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -8.85% | 197M | |
| +22.63% | 9.19B | |
| +23.58% | 6.71B | |
| +9.79% | 4.98B | |
| +15.84% | 4.94B | |
| +29.73% | 4.44B | |
| -22.23% | 3B | |
| -28.86% | 2.55B | |
| +0.85% | 2.55B | |
| -5.53% | 2.39B |
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- Financials Tong Ming Enterprise Co., Ltd.