ROCO
8420
Market cap70mUSD
Nov 20, Last price
40.60TWD
Name
Launch Technologies Co Ltd
Chart & Performance
P/E
—
P/S
0.75
EPS
—
Div Yield, %
—
Shrs. gr., 5y
—
Rev. gr., 5y
7.31%
Revenues
2.81b
-21.85%
Net income
-930m
L
CFO
223m
-70.17%
Dividend
Mar 30, 20235.97292 TWD/sh
Profile
Launch Technologies Co., Ltd. manufactures and sells golf balls in Taiwan, rest of Asia, the United States, and internationally. The company provides one- and two-layer solid golf balls, three-layer double-center golf balls, multi-layer structure golf balls, high-end game balls, and other products. Launch Technologies Co., Ltd. was founded in 2006 and is headquartered in Pingtung, Taiwan. Launch Technologies Co., Ltd. operates as a subsidiary of Advanced International Multitech Co., Ltd.
Valuation
Title TWD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 2,811,974 -21.85% | 3,598,019 37.93% | |||
Cost of revenue | 2,438,401 | 2,947,968 | |||
Unusual Expense (Income) | |||||
NOPBT | 373,573 | 650,051 | |||
NOPBT Margin | 13.29% | 18.07% | |||
Operating Taxes | 13,650 | 135,680 | |||
Tax Rate | 3.65% | 20.87% | |||
NOPAT | 359,923 | 514,371 | |||
Net income | (930,148) -257.99% | 588,731 148.58% | |||
Dividends | (311,169) | (127,475) | |||
Dividend yield | 9.82% | 3.14% | |||
Proceeds from repurchase of equity | |||||
BB yield | |||||
| Debt | |||||
Debt current | 606,271 | 57,285 | |||
Long-term debt | 344,564 | 684,504 | |||
Deferred revenue | 1 | ||||
Other long-term liabilities | 114 | 456 | |||
Net debt | 165,199 | 11,000 | |||
| Cash flow | |||||
Cash from operating activities | 223,434 | 749,026 | |||
CAPEX | (364,374) | (218,552) | |||
Cash from investing activities | (697,284) | (220,970) | |||
Cash from financing activities | 182,479 | 65,394 | |||
FCF | 1,043,124 | 96,979 | |||
| Balance | |||||
Cash | 778,689 | 728,861 | |||
Long term investments | 6,947 | 1,928 | |||
Excess cash | 645,037 | 550,888 | |||
Stockholders' equity | 158,595 | 1,416,484 | |||
Invested Capital | 1,401,826 | 1,594,938 | |||
ROIC | 24.02% | 32.38% | |||
ROCE | 23.94% | 30.29% | |||
| EV | |||||
Common stock shares outstanding | 53,448 | 53,347 | |||
Price | 59.30 -21.97% | 76.00 90.72% | |||
Market cap | 3,169,466 -21.83% | 4,054,372 97.17% | |||
EV | 3,334,665 | 4,065,372 | |||
EBITDA | 520,760 | 811,100 | |||
EV/EBITDA | 6.40 | 5.01 | |||
Interest | 11,591 | 5,725 | |||
Interest/NOPBT | 3.10% | 0.88% | |||