Financials Horizon Securities Co., Ltd.

Equities

6015

TW0006015001

Investment Banking & Brokerage Services

End-of-day quote Taipei Exchange 18:00:00 2024-05-15 EDT 5-day change 1st Jan Change
12.9 TWD +1.57% Intraday chart for Horizon Securities Co., Ltd. +3.61% +15.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,295 2,439 3,804 6,147 3,080 3,916
Enterprise Value (EV) 1 2,737 2,648 4,270 5,270 2,644 4,642
P/E ratio -5.27 x 17.5 x 9.33 x 5.32 x -13.9 x 26.4 x
Yield - 2.25% 4.35% 9.7% - 2.24%
Capitalization / Revenue 8.27 x 2.97 x 2.98 x 2.33 x 4.74 x 3.34 x
EV / Revenue 9.86 x 3.22 x 3.35 x 2 x 4.07 x 3.96 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.59 x 0.64 x 0.91 x 1.15 x 0.68 x 0.83 x
Nbr of stocks (in thousands) 384,251 370,963 350,666 351,252 351,252 351,252
Reference price 2 5.972 6.575 10.85 17.50 8.770 11.15
Announcement Date 19-03-29 20-03-27 21-03-29 22-03-15 23-02-24 24-03-15
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 277.5 822.1 1,276 2,633 649.3 1,173
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -441.5 138.9 417.2 1,370 -187.5 206.6
Net income 1 -441 140.8 414.7 1,239 -220.2 179.8
Net margin -158.91% 17.13% 32.49% 47.07% -33.91% 15.32%
EPS 2 -1.133 0.3764 1.163 3.287 -0.6300 0.4218
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.1477 0.4717 1.698 - 0.2500
Announcement Date 19-03-29 20-03-27 21-03-29 22-03-15 23-02-24 24-03-15
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 442 209 465 - - 725
Net Cash position 1 - - - 877 437 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) -10.7% 3.63% 10.3% 26.1% -4.46% 3.88%
ROA (Net income/ Total Assets) -3.82% 1.22% 2.92% 7.43% -1.66% 1.41%
Assets 1 11,545 11,566 14,215 16,685 13,294 12,780
Book Value Per Share 2 10.10 10.30 11.90 15.20 12.90 13.50
Cash Flow per Share 2 3.450 3.770 3.480 8.840 6.990 6.060
Capex 1 31.5 13.6 12.2 23.3 63 15.1
Capex / Sales 11.35% 1.65% 0.95% 0.88% 9.7% 1.28%
Announcement Date 19-03-29 20-03-27 21-03-29 22-03-15 23-02-24 24-03-15
1TWD in Million2TWD
Estimates
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