Financials Huikwang Corporation

Equities

6508

TW0006508005

Agricultural Chemicals

End-of-day quote Taipei Exchange 18:00:00 2024-04-28 EDT 5-day change 1st Jan Change
31.8 TWD -0.16% Intraday chart for Huikwang Corporation -1.70% -8.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,211 2,539 2,606 2,810 3,098 3,003
Enterprise Value (EV) 1 1,918 2,070 2,052 2,425 2,803 2,508
P/E ratio 12.2 x 11.3 x 13.8 x 8.59 x 9.92 x 33 x
Yield 5.73% 6.01% 5.21% 9.1% 7.5% 2.88%
Capitalization / Revenue 1.02 x 1.22 x 1.42 x 1.35 x 1.24 x 1.97 x
EV / Revenue 0.88 x 1 x 1.12 x 1.16 x 1.13 x 1.64 x
EV / EBITDA 6.92 x 5.72 x 5.82 x 8.26 x 8.01 x 17.8 x
EV / FCF 13.5 x 8.15 x 11.7 x -17.2 x -188 x 7.01 x
FCF Yield 7.42% 12.3% 8.56% -5.82% -0.53% 14.3%
Price to Book 1.04 x 1.14 x 1.15 x 1.15 x 1.22 x 1.24 x
Nbr of stocks (in thousands) 84,379 84,782 85,297 85,670 86,061 86,539
Reference price 2 26.20 29.95 30.55 32.80 36.00 34.70
Announcement Date 19-04-01 20-03-30 21-03-29 22-03-30 23-03-31 24-03-20
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,169 2,077 1,837 2,089 2,491 1,527
EBITDA 1 277.2 361.7 352.7 293.6 349.7 141.2
EBIT 1 214.6 298.1 292.2 241.8 296.2 87.45
Operating Margin 9.89% 14.35% 15.9% 11.57% 11.89% 5.73%
Earnings before Tax (EBT) 1 248.1 293.7 253.2 472 396.6 115.1
Net income 1 182.3 226.3 189.2 329.1 314.5 90.92
Net margin 8.41% 10.89% 10.3% 15.75% 12.62% 5.95%
EPS 2 2.150 2.660 2.210 3.820 3.630 1.050
Free Cash Flow 1 142.4 254 175.5 -141 -14.93 357.7
FCF margin 6.56% 12.23% 9.55% -6.75% -0.6% 23.43%
FCF Conversion (EBITDA) 51.37% 70.22% 49.77% - - 253.38%
FCF Conversion (Net income) 78.1% 112.24% 92.78% - - 393.48%
Dividend per Share 2 1.500 1.800 1.593 2.986 2.700 1.000
Announcement Date 19-04-01 20-03-30 21-03-29 22-03-30 23-03-31 24-03-20
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 293 469 554 385 295 495
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 142 254 176 -141 -14.9 358
ROE (net income / shareholders' equity) 8.7% 10.4% 8.42% 13.9% 12.6% 3.66%
ROA (Net income/ Total Assets) 4.55% 6.25% 5.86% 4.73% 5.75% 1.75%
Assets 1 4,004 3,624 3,228 6,954 5,471 5,181
Book Value Per Share 2 25.20 26.20 26.70 28.60 29.60 27.90
Cash Flow per Share 2 6.970 8.170 11.50 6.410 6.900 7.670
Capex 1 26.9 136 109 17.1 16.2 19.1
Capex / Sales 1.24% 6.56% 5.94% 0.82% 0.65% 1.25%
Announcement Date 19-04-01 20-03-30 21-03-29 22-03-30 23-03-31 24-03-20
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 6508 Stock
  4. Financials Huikwang Corporation