Hsing Ta Cement Co Ltd

Chart & Performance

D1W1MN

P/E

12.10

P/S

1.22

EPS

1.38

Div Yield, %

7.21%

Shrs. gr., 5y

0.06%

Rev. gr., 5y

-9.86%

Revenues

4.66b

-25.62%

Net income

469m

-31.56%

CFO

403m

-43.58%

Dividend

Jul 18, 20241.2 TWD/sh

Profile

Hsing Ta Cement Co., Ltd. produces and sells cement and clinker in Taiwan. The company offers Portland, low-alkali, even heat, blended blast furnace slag, silicate, and ordinary and composite silicate cement, as well as building materials, special cement clinker, silicate cement clinker, mineral powder, and stones. It also engages in quarrying, processing, warehousing, and distributing minerals; manufacturing, processing, warehousing, and distributing limestone chemicals, cement products, and limestone; recycling and wholesale of recycled materials; treatment and recycling of sewage; sale and leasing of real estate; and consultancy of building management. In addition, the company is involved in the research and development of environmental protection materials; provision of technology promotion services; development and service of energy conservation and environmental protection technology; manufacture of special equipment for environmental protection; promotion services of environmental protection technologies and energy conservation technologies; manufacture, processing, and wholesale of non-metallic ore and products; wholesale of chemical products; and sale of light building materials, building decoration materials, asbestos products, and ecological environment materials. The company was incorporated in 1964 and is headquartered in Taipei, Taiwan.

URL

http://www.hsingta.com.tw/

IPO date

Dec 05, 1991

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	4,656,290 -25.62%	6,259,864 -2.01%	6,388,338 -13.42%
Cost of revenue	3,994,785	5,271,119	5,477,073
Unusual Expense (Income)
NOPBT	661,505	988,745	911,265
NOPBT Margin	14.21%	15.79%	14.26%
Operating Taxes	187,437	304,031	475,016
Tax Rate	28.33%	30.75%	52.13%
NOPAT	474,068	684,714	436,249
Net income	469,398 -31.56%	685,884 71.83%	399,166 -53.74%
Dividends	(409,391)	(272,927)	(512,937)
Dividend yield	6.72%	4.37%	9.56%
Proceeds from repurchase of equity			(206,564)
BB yield			3.85%
Debt
Debt current	78,783	178,273	292,048
Long-term debt	142,693	84,355	94,774
Deferred revenue			32,872
Other long-term liabilities	50,639	74,226	32,750
Net debt	(3,280,773)	(3,128,370)	(2,802,937)
Cash flow
Cash from operating activities	403,244	714,733	1,493,858
CAPEX	(211,756)	(223,252)	(252,728)
Cash from investing activities	117,355	(119,214)	(618,317)
Cash from financing activities	(511,783)	(390,104)	(815,920)
FCF	255,253	568,703	843,759
Balance
Cash	4,341,329	4,536,331	4,399,293
Long term investments	(839,080)	(1,145,333)	(1,209,534)
Excess cash	3,269,434	3,078,005	2,870,342
Stockholders' equity	8,355,630	9,976,067	9,649,018
Invested Capital	7,125,980	7,201,617	7,092,824
ROIC	6.62%	9.58%	6.15%
ROCE	6.33%	9.55%	9.07%
EV
Common stock shares outstanding	344,306	342,272	342,720
Price	17.70 -3.01%	18.25 16.61%	15.65 -24.76%
Market cap	6,094,208 -2.44%	6,246,464 16.46%	5,363,568 -24.87%
EV	4,716,516	4,991,018	4,458,270
EBITDA	972,723	1,297,143	1,223,235
EV/EBITDA	4.85	3.85	3.64
Interest	2,119	1,289	870
Interest/NOPBT	0.32%	0.13%	0.10%