Financials LongDa Construction & Development Corporation

Equities

5519

TW0005519003

Construction & Engineering

End-of-day quote Taiwan S.E. 18:00:00 2024-06-27 EDT 5-day change 1st Jan Change
45.25 TWD -2.69% Intraday chart for LongDa Construction & Development Corporation -4.03% +51.59%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,284 3,382 3,419 4,735 4,910 6,543
Enterprise Value (EV) 1 5,386 6,338 6,457 8,877 8,681 10,604
P/E ratio 6.17 x 7.48 x 7.61 x 7.97 x 5.48 x 8.16 x
Yield 8.06% 8.13% 11.5% 9.26% 9.38% 7.37%
Capitalization / Revenue 0.89 x 0.77 x 1 x 1 x 1.04 x 1.5 x
EV / Revenue 2.09 x 1.44 x 1.89 x 1.87 x 1.84 x 2.43 x
EV / EBITDA 11.1 x 11.3 x 11.9 x 11.6 x 8.16 x 10.7 x
EV / FCF 18.9 x -20.1 x 119 x -10.2 x 13.3 x -137 x
FCF Yield 5.29% -4.98% 0.84% -9.81% 7.52% -0.73%
Price to Book 0.64 x 0.82 x 0.78 x 1.03 x 0.97 x 1.21 x
Nbr of stocks (in thousands) 184,221 203,758 219,197 219,197 219,197 219,197
Reference price 2 12.40 16.60 15.60 21.60 22.40 29.85
Announcement Date 3/19/19 3/24/20 3/11/21 3/18/22 2/23/23 3/11/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,578 4,395 3,410 4,741 4,714 4,366
EBITDA 1 485.4 559.3 543.2 764.9 1,064 988.4
EBIT 1 460.9 536 515.4 738.3 1,042 964.4
Operating Margin 17.88% 12.2% 15.11% 15.57% 22.11% 22.09%
Earnings before Tax (EBT) 1 474.9 549.1 538.1 740.7 1,040 975.8
Net income 1 443.1 489.3 453.1 598.7 905.8 808.4
Net margin 17.19% 11.13% 13.29% 12.63% 19.22% 18.52%
EPS 2 2.010 2.220 2.050 2.710 4.090 3.660
Free Cash Flow 1 284.9 -315.6 54.04 -871.2 652.7 -77.55
FCF margin 11.05% -7.18% 1.58% -18.38% 13.85% -1.78%
FCF Conversion (EBITDA) 58.7% - 9.95% - 61.36% -
FCF Conversion (Net income) 64.31% - 11.93% - 72.05% -
Dividend per Share 2 1.000 1.350 1.800 2.000 2.100 2.200
Announcement Date 3/19/19 3/24/20 3/11/21 3/18/22 2/23/23 3/11/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3,102 2,955 3,037 4,142 3,771 4,061
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.39 x 5.284 x 5.591 x 5.415 x 3.545 x 4.109 x
Free Cash Flow 1 285 -316 54 -871 653 -77.6
ROE (net income / shareholders' equity) 13.1% 12.6% 10.6% 13.3% 18.8% 15.4%
ROA (Net income/ Total Assets) 3.55% 3.98% 3.6% 4.53% 5.63% 4.76%
Assets 1 12,471 12,302 12,598 13,223 16,096 16,998
Book Value Per Share 2 19.50 20.10 20.00 21.00 23.10 24.70
Cash Flow per Share 2 2.330 1.840 2.100 3.640 7.130 6.470
Capex 1 0.35 3.79 0.59 13.5 0.68 2.57
Capex / Sales 0.01% 0.09% 0.02% 0.28% 0.01% 0.06%
Announcement Date 3/19/19 3/24/20 3/11/21 3/18/22 2/23/23 3/11/24
1TWD in Million2TWD
Estimates
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