Financials San Shing Fastech Corp.

Equities

5007

TW0005007009

Industrial Machinery & Equipment

End-of-day quote Taiwan S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
57 TWD +0.53% Intraday chart for San Shing Fastech Corp. +0.88% +0.71%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 15,927 16,812 14,777 16,959 14,953 16,694
Enterprise Value (EV) 1 14,885 15,490 12,972 15,466 12,917 14,331
P/E ratio 14.2 x 20.6 x 24.6 x 17.3 x 14.1 x 16.7 x
Yield 5.56% 3.51% 3.99% 5.22% 5.92% 5.3%
Capitalization / Revenue 2 x 2.57 x 2.91 x 2.39 x 2.09 x 2.51 x
EV / Revenue 1.86 x 2.37 x 2.56 x 2.18 x 1.8 x 2.16 x
EV / EBITDA 9.03 x 12.4 x 14.4 x 10.7 x 8.81 x 10.4 x
EV / FCF 26.5 x 15.8 x 13.5 x 118 x 11.6 x 15.8 x
FCF Yield 3.77% 6.33% 7.42% 0.84% 8.63% 6.33%
Price to Book 2.5 x 2.68 x 2.35 x 2.54 x 2.18 x 2.4 x
Nbr of stocks (in thousands) 294,940 294,940 294,940 294,940 294,940 294,940
Reference price 2 54.00 57.00 50.10 57.50 50.70 56.60
Announcement Date 3/21/19 3/25/20 3/24/21 3/16/22 3/13/23 3/12/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,982 6,549 5,073 7,107 7,165 6,645
EBITDA 1 1,649 1,254 898.1 1,449 1,467 1,374
EBIT 1 1,388 993.1 657.4 1,230 1,266 1,186
Operating Margin 17.39% 15.16% 12.96% 17.3% 17.67% 17.85%
Earnings before Tax (EBT) 1 1,433 1,035 759.8 1,262 1,374 1,281
Net income 1 1,121 817.6 601.5 982.9 1,060 997.1
Net margin 14.05% 12.48% 11.86% 13.83% 14.8% 15.01%
EPS 2 3.800 2.770 2.040 3.330 3.590 3.380
Free Cash Flow 1 561.5 979.9 963 130.6 1,115 906.8
FCF margin 7.03% 14.96% 18.98% 1.84% 15.56% 13.65%
FCF Conversion (EBITDA) 34.05% 78.13% 107.23% 9.01% 76% 66.01%
FCF Conversion (Net income) 50.07% 119.84% 160.1% 13.28% 105.13% 90.95%
Dividend per Share 2 3.000 2.000 2.000 3.000 3.000 3.000
Announcement Date 3/21/19 3/25/20 3/24/21 3/16/22 3/13/23 3/12/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,042 1,321 1,805 1,493 2,037 2,362
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 562 980 963 131 1,115 907
ROE (net income / shareholders' equity) 17.7% 12.8% 9.49% 15.1% 15.7% 14.1%
ROA (Net income/ Total Assets) 10.4% 7.62% 5.28% 9.54% 9.33% 8.54%
Assets 1 10,749 10,735 11,398 10,299 11,368 11,673
Book Value Per Share 2 21.60 21.30 21.30 22.60 23.30 23.60
Cash Flow per Share 2 3.940 4.790 5.550 4.980 6.920 7.670
Capex 1 158 127 40.7 94.6 124 211
Capex / Sales 1.97% 1.94% 0.8% 1.33% 1.73% 3.18%
Announcement Date 3/21/19 3/25/20 3/24/21 3/16/22 3/13/23 3/12/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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