XTAI6214
Market cap1.08bUSD
Dec 23, Last price
138.50TWD
1D
-1.77%
1Q
9.06%
Jan 2017
138.38%
Name
Systex Corp
Chart & Performance
Profile
Systex Corporation provides various IT services for enterprise and government clients in Taiwan and Asia. The company operates through Financial Business Integration, Customer Market Integration, Digital Ecosystem Integration, Business Software Integration Service, China Group, and Investment Department segments. The Financial Business Integration segment provides financial technologies and develops smart finance, centered on FinTech to assist financial customers in digital transformation, including transformation services in mobile applications, integration services for investor, and wealth management upgrade services. The Customer Market Integration segment offers full-channel and full payment services; and assists customers in operating O2O business to realize digital transformation. The Digital Ecosystem Integration segment provides comprehensive data technology products and solutions to drive business intelligence growth of customers, act as the data enabler for customers, and introduce digital technology to provide solutions to customer in digital transformation. The Business Software Integration Service segment offers software and hardware, cloud-related technologies and applications; and IT integration and ecosystem information services. The China Group segment offers system integration and value-added services, as well as commercial software and cloud platform tools. The Investment Department segment engages in investment activities. It is also involved in the wholesale, retail, and leasing of computer software and related equipment; transmission and security of value-added network; maintenance of database; consultation and repair services; general investment, computer room installation, and communication engineering services; and manufacture and sale of wire communication equipment and apparatus, and electronic parts and components. The company was incorporated in 1997 and is headquartered in Taipei, 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 | 35,184,378 6.20% | 33,128,852 12.20% | 29,526,957 24.40% | |||||||
Cost of revenue | 33,999,863 | 31,878,745 | 28,365,463 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,184,515 | 1,250,107 | 1,161,494 | |||||||
NOPBT Margin | 3.37% | 3.77% | 3.93% | |||||||
Operating Taxes | 346,382 | 264,709 | 228,519 | |||||||
Tax Rate | 29.24% | 21.17% | 19.67% | |||||||
NOPAT | 838,133 | 985,398 | 932,975 | |||||||
Net income | 1,494,266 36.93% | 1,091,229 -10.11% | 1,213,916 -27.15% | |||||||
Dividends | (1,361,517) | (1,131,452) | (1,346,967) | |||||||
Dividend yield | 4.89% | 6.55% | 6.39% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 2,220,210 | 1,998,858 | 1,394,329 | |||||||
Long-term debt | 3,908,414 | 3,626,671 | 3,508,798 | |||||||
Deferred revenue | 1 | 249,455 | ||||||||
Other long-term liabilities | 138,319 | 134,649 | 5,439 | |||||||
Net debt | (7,652,215) | (3,639,832) | (3,448,814) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 5,103,936 | 1,049,436 | (395,511) | |||||||
CAPEX | (117,129) | (324,976) | (205,184) | |||||||
Cash from investing activities | (1,284,034) | (545,983) | (1,091,259) | |||||||
Cash from financing activities | (1,401,795) | (603,410) | 2,043,976 | |||||||
FCF | 779,679 | 56,295 | 19,196 | |||||||
Balance | ||||||||||
Cash | 8,977,648 | 8,364,734 | 8,632,483 | |||||||
Long term investments | 4,803,191 | 900,627 | (280,542) | |||||||
Excess cash | 12,021,620 | 7,608,918 | 6,875,593 | |||||||
Stockholders' equity | 10,859,951 | 8,852,028 | 8,137,782 | |||||||
Invested Capital | 9,677,492 | 12,250,751 | 11,687,542 | |||||||
ROIC | 7.64% | 8.23% | 8.97% | |||||||
ROCE | 5.77% | 6.29% | 6.25% | |||||||
EV | ||||||||||
Common stock shares outstanding | 248,803 | 248,571 | 248,532 | |||||||
Price | 112.00 61.15% | 69.50 -18.04% | 84.80 -3.31% | |||||||
Market cap | 27,865,936 61.30% | 17,275,684 -18.03% | 21,075,514 -3.40% | |||||||
EV | 20,713,724 | 14,175,500 | 17,934,528 | |||||||
EBITDA | 1,601,702 | 1,640,344 | 1,508,324 | |||||||
EV/EBITDA | 12.93 | 8.64 | 11.89 | |||||||
Interest | 86,256 | 80,642 | 44,448 | |||||||
Interest/NOPBT | 7.28% | 6.45% | 3.83% |