End-of-day quote
Taiwan S.E.
18:00:00 2024-04-25 EDT
|
5-day change
|
1st Jan Change
|
142
TWD
|
-0.70%
|
|
+2.90%
|
+7.98%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
13,482
|
21,798
|
24,885
|
17,640
|
16,569
|
17,892
|
-
|
-
|
Enterprise Value (EV)
1 |
13,482
|
22,370
|
24,560
|
17,640
|
16,569
|
17,892
|
17,892
|
17,892
|
P/E ratio
|
13.4
x
|
14.5
x
|
12.4
x
|
9.56
x
|
22.3
x
|
17.7
x
|
14.7
x
|
-
|
Yield
|
4.21%
|
4.16%
|
4.56%
|
6.43%
|
2.69%
|
3.09%
|
4.12%
|
4.65%
|
Capitalization / Revenue
|
2.57
x
|
3.56
x
|
3.21
x
|
2.48
x
|
3.5
x
|
3.52
x
|
3.05
x
|
2.74
x
|
EV / Revenue
|
2.57
x
|
3.56
x
|
3.21
x
|
2.48
x
|
3.5
x
|
3.52
x
|
3.05
x
|
2.74
x
|
EV / EBITDA
|
8.44
x
|
9.35
x
|
8.51
x
|
6.53
x
|
12.8
x
|
11.8
x
|
9.07
x
|
8.35
x
|
EV / FCF
|
11.6
x
|
12.9
x
|
18.8
x
|
8.1
x
|
20.3
x
|
19.9
x
|
14.9
x
|
13.2
x
|
FCF Yield
|
8.61%
|
7.75%
|
5.33%
|
12.3%
|
4.91%
|
5.03%
|
6.71%
|
7.58%
|
Price to Book
|
2.55
x
|
3.4
x
|
3.8
x
|
2.34
x
|
2.17
x
|
2.26
x
|
2.08
x
|
1.92
x
|
Nbr of stocks (in thousands)
|
126,000
|
126,000
|
126,000
|
126,000
|
126,000
|
126,000
|
-
|
-
|
Reference price
2 |
107.0
|
173.0
|
197.5
|
140.0
|
131.5
|
142.0
|
142.0
|
142.0
|
Announcement Date
|
20-03-26
|
21-03-28
|
22-03-30
|
23-03-16
|
24-03-14
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,240
|
6,130
|
7,751
|
7,116
|
4,730
|
5,084
|
5,867
|
6,535
|
EBITDA
1 |
1,598
|
2,330
|
2,923
|
2,701
|
1,291
|
1,520
|
1,972
|
2,143
|
EBIT
1 |
1,254
|
1,974
|
2,576
|
2,340
|
929.7
|
1,270
|
1,581
|
1,836
|
Operating Margin
|
23.92%
|
32.2%
|
33.24%
|
32.88%
|
19.65%
|
24.99%
|
26.95%
|
28.09%
|
Earnings before Tax (EBT)
1 |
1,293
|
1,979
|
2,601
|
2,472
|
1,019
|
1,330
|
1,660
|
1,933
|
Net income
1 |
1,007
|
1,515
|
2,008
|
1,922
|
741.8
|
1,021
|
1,265
|
1,485
|
Net margin
|
19.23%
|
24.71%
|
25.91%
|
27.01%
|
15.68%
|
20.09%
|
21.56%
|
22.72%
|
EPS
2 |
7.990
|
11.94
|
15.94
|
14.64
|
5.890
|
8.028
|
9.640
|
-
|
Free Cash Flow
1 |
1,161
|
1,689
|
1,326
|
2,176
|
814.3
|
900.5
|
1,201
|
1,356
|
FCF margin
|
22.15%
|
27.55%
|
17.11%
|
30.58%
|
17.21%
|
17.71%
|
20.47%
|
20.74%
|
FCF Conversion (EBITDA)
|
72.64%
|
72.47%
|
45.38%
|
80.57%
|
63.08%
|
59.24%
|
60.89%
|
63.27%
|
FCF Conversion (Net income)
|
115.21%
|
111.49%
|
66.06%
|
113.23%
|
109.76%
|
88.17%
|
94.93%
|
91.29%
|
Dividend per Share
2 |
4.500
|
7.200
|
9.000
|
9.000
|
3.532
|
4.392
|
5.846
|
6.605
|
Announcement Date
|
20-03-26
|
21-03-28
|
22-03-30
|
23-03-16
|
24-03-14
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,874
|
2,066
|
1,921
|
1,891
|
3,802
|
1,917
|
1,397
|
1,314
|
1,234
|
1,162
|
1,020
|
1,127
|
1,291
|
1,399
|
1,356
|
1,176
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
624.7
|
678.1
|
-
|
646.3
|
-
|
677.6
|
382.1
|
312.4
|
284.5
|
191.9
|
140.9
|
216
|
304.7
|
344
|
318.7
|
262
|
Operating Margin
|
33.33%
|
32.82%
|
-
|
34.18%
|
-
|
35.35%
|
27.35%
|
23.78%
|
23.05%
|
16.51%
|
13.8%
|
19.17%
|
23.6%
|
24.59%
|
23.49%
|
22.28%
|
Earnings before Tax (EBT)
1 |
647.8
|
654.3
|
-
|
686
|
-
|
756.4
|
383.7
|
329.5
|
324.7
|
212.6
|
152.3
|
232.3
|
318.3
|
358.7
|
333
|
271
|
Net income
1 |
507.8
|
518.5
|
-
|
520.6
|
-
|
606.5
|
296.4
|
244.7
|
219.7
|
159.4
|
118
|
179.7
|
240
|
276.3
|
257
|
203
|
Net margin
|
27.09%
|
25.09%
|
-
|
27.53%
|
-
|
31.64%
|
21.21%
|
18.62%
|
17.8%
|
13.72%
|
11.57%
|
15.94%
|
18.59%
|
19.76%
|
18.95%
|
17.26%
|
EPS
2 |
3.900
|
4.120
|
-
|
3.980
|
-
|
4.630
|
2.250
|
1.940
|
1.740
|
1.270
|
0.9400
|
1.360
|
2.030
|
2.145
|
1.895
|
1.610
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
21-11-15
|
22-03-30
|
22-05-12
|
22-08-12
|
22-08-12
|
22-11-14
|
23-03-16
|
23-05-12
|
23-08-11
|
23-11-13
|
24-03-14
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
572
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
325
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
0.2453
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,161
|
1,689
|
1,326
|
2,176
|
814
|
900
|
1,201
|
1,356
|
ROE (net income / shareholders' equity)
|
19.5%
|
25.9%
|
31%
|
27.3%
|
9.79%
|
13%
|
14.2%
|
-
|
ROA (Net income/ Total Assets)
|
10%
|
14.7%
|
18.2%
|
16.1%
|
6.05%
|
8.41%
|
8.97%
|
10.2%
|
Assets
1 |
10,074
|
10,311
|
11,048
|
11,940
|
12,253
|
12,140
|
14,102
|
14,537
|
Book Value Per Share
2 |
41.90
|
50.80
|
51.90
|
59.70
|
60.60
|
62.80
|
68.40
|
73.90
|
Cash Flow per Share
2 |
11.60
|
15.80
|
14.60
|
19.90
|
8.260
|
8.460
|
10.80
|
11.90
|
Capex
1 |
305
|
312
|
590
|
447
|
267
|
210
|
265
|
210
|
Capex / Sales
|
5.82%
|
5.1%
|
7.62%
|
6.28%
|
5.64%
|
4.13%
|
4.52%
|
3.21%
|
Announcement Date
|
20-03-26
|
21-03-28
|
22-03-30
|
23-03-16
|
24-03-14
|
-
|
-
|
-
|
Average target price
158
TWD Spread / Average Target +11.27% Consensus |
1st Jan change
|
Capi.
|
---|
| +7.98% | 548M | | +14.95% | 14.31B | | +29.32% | 2.16B | | +98.08% | 830M | | -14.51% | 468M | | -19.66% | 380M | | -30.25% | 230M | | -18.66% | 129M | | +4.82% | 112M | | +383.55% | 99.94M |
Bicycle Manufacturing
|