Financials Hsin Tai Gas Co., Ltd.

Equities

8917

TW0008917006

Natural Gas Utilities

End-of-day quote Taipei Exchange 18:00:00 2024-05-02 EDT 5-day change 1st Jan Change
59.2 TWD -0.34% Intraday chart for Hsin Tai Gas Co., Ltd. +0.34% -9.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,927 6,306 9,221 13,308 14,639 10,637
Enterprise Value (EV) 1 4,207 4,679 7,616 11,527 12,704 8,530
P/E ratio 24.4 x 17.3 x 28.5 x 40.8 x 39.8 x 27.5 x
Yield 4.33% 1.94% 2.19% 1.22% 2.22% 3.36%
Capitalization / Revenue 3.1 x 2.57 x 3.99 x 5.79 x 5.77 x 4.12 x
EV / Revenue 2.2 x 1.91 x 3.29 x 5.01 x 5.01 x 3.3 x
EV / EBITDA 9.39 x 7.65 x 12.4 x 18 x 17.8 x 11.7 x
EV / FCF 58.7 x 114 x -67.3 x 43.7 x 58 x 18.6 x
FCF Yield 1.7% 0.87% -1.49% 2.29% 1.72% 5.38%
Price to Book 3.02 x 3.05 x 4.04 x 5.51 x 5.54 x 3.93 x
Nbr of stocks (in thousands) 162,652 162,652 162,652 162,652 162,652 162,652
Reference price 2 36.44 38.77 56.69 81.82 90.00 65.40
Announcement Date 19-03-29 20-03-31 21-03-30 22-03-29 23-03-29 24-03-21
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,915 2,454 2,312 2,299 2,536 2,583
EBITDA 1 448 611.4 614.5 641.8 713.6 730.1
EBIT 1 287.9 429.4 404.8 389.7 437.7 441.7
Operating Margin 15.03% 17.5% 17.51% 16.95% 17.26% 17.1%
Earnings before Tax (EBT) 1 300.1 451.6 403.9 404.5 457.4 479.8
Net income 1 242.9 365.7 324 326.4 368 387.4
Net margin 12.69% 14.9% 14.01% 14.2% 14.51% 15%
EPS 2 1.494 2.246 1.992 2.006 2.260 2.380
Free Cash Flow 1 71.7 40.92 -113.2 263.8 218.9 458.7
FCF margin 3.74% 1.67% -4.89% 11.47% 8.63% 17.76%
FCF Conversion (EBITDA) 16% 6.69% - 41.1% 30.67% 62.83%
FCF Conversion (Net income) 29.51% 11.19% - 80.83% 59.48% 118.41%
Dividend per Share 2 1.578 0.7513 1.240 1.000 2.000 2.200
Announcement Date 19-03-29 20-03-31 21-03-30 22-03-29 23-03-29 24-03-21
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,720 1,626 1,605 1,780 1,935 2,107
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 71.7 40.9 -113 264 219 459
ROE (net income / shareholders' equity) 12.6% 18.2% 14.9% 13.9% 14.5% 14.5%
ROA (Net income/ Total Assets) 4.22% 5.91% 5.31% 4.85% 5.15% 4.95%
Assets 1 5,757 6,183 6,097 6,723 7,150 7,822
Book Value Per Share 2 12.10 12.70 14.00 14.80 16.30 16.60
Cash Flow per Share 2 2.670 2.930 2.470 2.440 2.950 3.400
Capex 1 312 404 386 323 269 242
Capex / Sales 16.27% 16.48% 16.69% 14.04% 10.6% 9.37%
Announcement Date 19-03-29 20-03-31 21-03-30 22-03-29 23-03-29 24-03-21
1TWD in Million2TWD
Estimates
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