Financials Ta Jiang Co., Ltd.

Equities

1453

TW0001453009

Real Estate Development & Operations

End-of-day quote Taiwan S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
28.5 TWD +1.79% Intraday chart for Ta Jiang Co., Ltd. +7.14% +90.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 825.9 790.1 899.5 895.5 1,529 1,601
Enterprise Value (EV) 1 323.7 267 655.5 1,000 1,454 1,649
P/E ratio 2.47 x -17.3 x 60.2 x 8.48 x -124 x 26.4 x
Yield - - - - - -
Capitalization / Revenue 29.2 x 17.7 x 4.1 x 20.2 x 6.15 x 7.85 x
EV / Revenue 11.4 x 5.97 x 2.99 x 22.6 x 5.85 x 8.09 x
EV / EBITDA -9.13 x -3.92 x 45.4 x -161 x -45.9 x 78.1 x
EV / FCF -1.82 x 8.4 x -2.45 x -2.31 x 13.7 x -9.43 x
FCF Yield -54.9% 11.9% -40.9% -43.2% 7.29% -10.6%
Price to Book 0.63 x 0.62 x 0.7 x 0.65 x 1.11 x 1.12 x
Nbr of stocks (in thousands) 106,742 106,742 106,742 106,742 106,742 106,742
Reference price 2 7.737 7.402 8.427 8.389 14.32 15.00
Announcement Date 3/29/19 3/31/20 3/31/21 3/29/22 3/30/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 28.28 44.76 219.4 44.29 248.6 203.9
EBITDA 1 -35.45 -68.18 14.45 -6.213 -31.65 21.12
EBIT 1 -40.91 -72.78 10.63 -9.626 -35.46 17.66
Operating Margin -144.68% -162.6% 4.84% -21.74% -14.27% 8.66%
Earnings before Tax (EBT) 1 335.9 -44.99 14.98 111.9 -9.022 65.42
Net income 1 335.7 -45.76 14.95 106 -12.3 60.71
Net margin 1,187.31% -102.23% 6.81% 239.44% -4.95% 29.78%
EPS 2 3.134 -0.4287 0.1401 0.9897 -0.1153 0.5687
Free Cash Flow 1 -177.8 31.77 -267.9 -432.4 106 -174.8
FCF margin -628.78% 70.98% -122.11% -976.48% 42.63% -85.72%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 3/31/20 3/31/21 3/29/22 3/30/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 105 - 47.4
Net Cash position 1 502 523 244 - 74.7 -
Leverage (Debt/EBITDA) - - - -16.88 x - 2.246 x
Free Cash Flow 1 -178 31.8 -268 -432 106 -175
ROE (net income / shareholders' equity) 29% -3.49% 1.19% 7.88% -0.88% 4.29%
ROA (Net income/ Total Assets) -1.89% -3.42% 0.5% -0.37% -1.19% 0.56%
Assets 1 -17,739 1,338 2,995 -28,636 1,037 10,768
Book Value Per Share 2 12.30 11.90 12.00 13.00 12.90 13.40
Cash Flow per Share 2 0.5000 0.5700 0.0600 0.1400 0.0700 0.0900
Capex 1 4.44 1.44 - 2.17 3.93 -
Capex / Sales 15.69% 3.23% - 4.9% 1.58% -
Announcement Date 3/29/19 3/31/20 3/31/21 3/29/22 3/30/23 3/15/24
1TWD in Million2TWD
Estimates
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