Financials Kung Long Batteries Industrial Co.,Ltd

Equities

1537

TW0001537009

Electrical Components & Equipment

End-of-day quote Taiwan S.E. 18:00:00 2024-06-20 EDT 5-day change 1st Jan Change
144.5 TWD -1.03% Intraday chart for Kung Long Batteries Industrial Co.,Ltd -1.37% +9.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 11,859 12,186 11,532 11,366 11,243 10,833
Enterprise Value (EV) 1 11,100 10,763 9,807 9,928 9,430 8,928
P/E ratio 12.1 x 12.2 x 13.2 x 18.4 x 12.8 x 17.8 x
Yield 6.9% 6.71% 7.09% 5.05% 7.3% 5.3%
Capitalization / Revenue 1.4 x 1.54 x 1.62 x 1.96 x 1.54 x 1.69 x
EV / Revenue 1.31 x 1.36 x 1.38 x 1.71 x 1.29 x 1.39 x
EV / EBITDA 7.8 x 7.26 x 7.12 x 10.5 x 8.69 x 10.2 x
EV / FCF 15 x 8.2 x 8.71 x 19.7 x 23.5 x 11.5 x
FCF Yield 6.65% 12.2% 11.5% 5.09% 4.26% 8.7%
Price to Book 3.03 x 3 x 2.9 x 3 x 2.59 x 2.61 x
Nbr of stocks (in thousands) 81,785 81,785 81,785 82,066 82,066 82,065
Reference price 2 145.0 149.0 141.0 138.5 137.0 132.0
Announcement Date 19-03-27 20-03-24 21-03-23 22-03-30 23-03-30 24-03-28
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8,490 7,934 7,119 5,798 7,319 6,417
EBITDA 1 1,422 1,482 1,377 942.5 1,086 875.7
EBIT 1 1,243 1,313 1,199 794.6 941.5 743.5
Operating Margin 14.64% 16.55% 16.85% 13.71% 12.86% 11.59%
Earnings before Tax (EBT) 1 1,332 1,344 1,186 817.5 1,177 866.5
Net income 1 983 1,007 879.2 620 881.6 609.1
Net margin 11.58% 12.69% 12.35% 10.69% 12.05% 9.49%
EPS 2 11.97 12.26 10.70 7.530 10.72 7.400
Free Cash Flow 1 737.9 1,313 1,127 504.8 401.7 776.4
FCF margin 8.69% 16.55% 15.82% 8.71% 5.49% 12.1%
FCF Conversion (EBITDA) 51.88% 88.63% 81.79% 53.56% 36.99% 88.66%
FCF Conversion (Net income) 75.06% 130.4% 128.13% 81.42% 45.56% 127.46%
Dividend per Share 2 10.00 10.00 10.00 7.000 10.00 7.000
Announcement Date 19-03-27 20-03-24 21-03-23 22-03-30 23-03-30 24-03-28
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3
Net sales 1 1,373 1,670 2,025 2,040
EBITDA - - - -
EBIT 1 179.2 279.2 271.9 225.2
Operating Margin 13.05% 16.72% 13.43% 11.04%
Earnings before Tax (EBT) - - - -
Net income - - - -
Net margin - - - -
EPS - - - -
Dividend per Share - - - -
Announcement Date 22-03-22 22-05-12 22-08-11 22-11-04
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 759 1,423 1,725 1,438 1,813 1,904
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 738 1,313 1,127 505 402 776
ROE (net income / shareholders' equity) 26.1% 25.3% 21.8% 15.9% 21.7% 14.4%
ROA (Net income/ Total Assets) 14% 14.6% 13.8% 9.28% 10.6% 8.1%
Assets 1 7,006 6,906 6,384 6,680 8,315 7,518
Book Value Per Share 2 47.90 49.60 48.60 46.10 52.90 50.50
Cash Flow per Share 2 15.20 19.20 20.10 16.20 21.00 21.30
Capex 1 153 165 67 28.2 88.4 52.2
Capex / Sales 1.8% 2.08% 0.94% 0.49% 1.21% 0.81%
Announcement Date 19-03-27 20-03-24 21-03-23 22-03-30 23-03-30 24-03-28
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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