XTAI2605
Market cap448mUSD
Dec 25, Last price
25.05TWD
1D
-0.40%
1Q
-8.74%
Jan 2017
32.33%
Name
Sincere Navigation Corp
Chart & Performance
Profile
Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. As of December 31, 2019, the company had a fleet of 17 vessels, including 3 very large crude carrier tankers and 14 dry bulk vessels of various tonnages. It serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei City, Taiwan.
Valuation
Title TWD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 4,229,875 -0.30% | 4,242,639 -1.28% | 4,297,446 7.82% | |||||||
Cost of revenue | 3,796,680 | 3,756,783 | 3,224,186 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 433,195 | 485,856 | 1,073,260 | |||||||
NOPBT Margin | 10.24% | 11.45% | 24.97% | |||||||
Operating Taxes | 50,312 | (31,526) | 11,554 | |||||||
Tax Rate | 11.61% | 1.08% | ||||||||
NOPAT | 382,883 | 517,382 | 1,061,706 | |||||||
Net income | 444,298 33.84% | 331,954 -52.86% | 704,189 129.42% | |||||||
Dividends | (323,067) | (739,568) | (292,677) | |||||||
Dividend yield | 2.18% | 6.31% | 1.71% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 3,332,748 | 1,978,742 | 2,100,651 | |||||||
Long-term debt | 1,311,256 | 1,914,388 | 3,124,751 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 21,092 | 12,413 | 23,598 | |||||||
Net debt | (1,188,944) | (1,488,012) | (1,718,183) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,133,053 | 1,503,299 | 2,227,195 | |||||||
CAPEX | (1,354,718) | (1,128,628) | (356,133) | |||||||
Cash from investing activities | (2,608,497) | (1,386,406) | (1,320,753) | |||||||
Cash from financing activities | (1,597,179) | (2,514,863) | 56,071 | |||||||
FCF | (1,140,412) | (768,700) | 2,578,900 | |||||||
Balance | ||||||||||
Cash | 4,394,363 | 4,456,951 | 5,537,649 | |||||||
Long term investments | 1,438,585 | 924,191 | 1,405,936 | |||||||
Excess cash | 5,621,454 | 5,169,010 | 6,728,713 | |||||||
Stockholders' equity | 12,570,912 | 17,230,910 | 15,628,427 | |||||||
Invested Capital | 14,914,072 | 16,193,158 | 14,282,892 | |||||||
ROIC | 2.46% | 3.40% | 7.15% | |||||||
ROCE | 2.11% | 2.27% | 5.10% | |||||||
EV | ||||||||||
Common stock shares outstanding | 585,742 | 585,613 | 585,612 | |||||||
Price | 25.35 26.75% | 20.00 -31.51% | 29.20 28.63% | |||||||
Market cap | 14,848,560 26.78% | 11,712,260 -31.51% | 17,099,870 28.64% | |||||||
EV | 13,659,616 | 11,868,269 | 16,823,964 | |||||||
EBITDA | 1,868,598 | 1,762,913 | 2,291,167 | |||||||
EV/EBITDA | 7.31 | 6.73 | 7.34 | |||||||
Interest | 175,465 | 116,468 | 103,864 | |||||||
Interest/NOPBT | 40.50% | 23.97% | 9.68% |