| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M TWD |
Estimates in M TWD |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 419 538 | 427 081 | 506 249 | 604 787 | 697 623 | 790 917 | | Operating income (EBITDA) | 256 819 | 251 960 | 312 400 | 374 193 | 441 047 | 510 430 | | Operating profit (EBIT) | 159 175 | 144 295 | 181 057 | 215 323 | 245 816 | 273 724 | | Pre-Tax Profit (EBT) | 170 270 | 145 148 | 181 554 | 217 633 | 247 098 | 272 333 | | Net income | 161 605 | 134 201 | 166 159 | 180 945 | 213 404 | 235 073 | | EPS ( TWD) | 6,23 | 5,18 | 6,41 | 7,30 | 8,31 | 9,13 | | Dividend per Share ( TWD) | 3,00 | 3,00 | 3,00 | 3,00 | 3,02 | 2,77 | | Yield | 2,84% | 2,84% | 2,84% | 2,85% | 2,86% | 2,63% | | Announcement Date | 03/15/2011 08:31am | 02/28/2012 11:34am | 01/17/2013 08:45am | - | - | - |
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Actuals in M TWD |
Estimates in M TWD |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | - | 5 596 | 1 293 | - | | Finance | 116 130 | 119 322 | 26 406 | - | - | 63 915 | | Operating income (EBITDA) | 256 819 | 251 960 | 312 400 | 374 193 | 441 047 | 510 430 | Leverage (Debt/EBITDA) | - | - | - | 0,01x | 0,00x | - | | Capital Expenditure | 186 944 | 213 963 | 246 137 | 290 561 | 312 392 | 303 929 | | Book Value Per Share (BVPS) | 22,2 TWD | 24,3 TWD | 27,9 TWD | 32,6 TWD | 37,6 TWD | 43,0 TWD | | Cash Flow per Share | 8,85 TWD | 9,55 TWD | 11,1 TWD | 13,4 TWD | 15,8 TWD | 18,7 TWD | | Announcement Date | 03/15/2011 08:31am | 02/28/2012 11:34am | 01/17/2013 08:45am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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14,5x |
12,7x |
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Capitalization / Revenue
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4,52x |
3,92x |
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EV / Revenue
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4,53x |
3,92x |
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EV / EBITDA
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7,33x |
6,21x |
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Yield (DPS / Price)
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2,85% |
2,86% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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35,6% |
35,2% |
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operating laverage (Delta EBIT / Delta Sales)
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0,97x |
0,92x |
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Net Margin (Net Profit / Revenue)
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29,9% |
30,6% |
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ROA (Net Profit / Asset)
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18,2% |
17,7% |
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ROE (Net Profit / Equities)
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23,9% |
23,3% |
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Rate of Dividend
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41,2% |
36,3% |
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