First Hi-tec Enterprise Co., Ltd. Logo

First Hi-tec Enterprise Co., Ltd.

5439.TWO

(2.5)
Stock Price

93,40 TWD

10.94% ROA

19.33% ROE

20.45x PER

Market Cap.

9.715.971.100,00 TWD

25.98% DER

3.16% Yield

10.83% NPM

First Hi-tec Enterprise Co., Ltd. Stock Analysis

First Hi-tec Enterprise Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

First Hi-tec Enterprise Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (17.85%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 DER

The stock has a minimal amount of debt (11%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

5 ROA

The stock's ROA (9.83%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (1.312) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.65x) suggests it's overvalued, potentially making it an expensive investment.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

First Hi-tec Enterprise Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

First Hi-tec Enterprise Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

First Hi-tec Enterprise Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

First Hi-tec Enterprise Co., Ltd. Revenue
Year Revenue Growth
2009 1.363.205.000
2010 2.064.972.000 33.98%
2011 2.006.597.000 -2.91%
2012 1.678.101.000 -19.58%
2013 1.593.197.000 -5.33%
2014 1.836.251.000 13.24%
2015 1.847.376.000 0.6%
2016 1.980.410.000 6.72%
2017 2.074.178.000 4.52%
2018 2.295.148.000 9.63%
2019 2.192.385.000 -4.69%
2020 2.493.546.000 12.08%
2021 3.372.241.000 26.06%
2022 3.224.578.000 -4.58%
2023 4.413.520.000 26.94%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

First Hi-tec Enterprise Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2009 0
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

First Hi-tec Enterprise Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 0
2010 0 0%
2011 0 0%
2012 0 0%
2013 115.739.000 100%
2014 0 0%
2015 145.303.000 100%
2016 124.862.000 -16.37%
2017 131.202.000 4.83%
2018 152.490.000 13.96%
2019 142.835.000 -6.76%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

First Hi-tec Enterprise Co., Ltd. EBITDA
Year EBITDA Growth
2009 249.026.000
2010 455.405.000 45.32%
2011 395.154.000 -15.25%
2012 278.666.000 -41.8%
2013 232.954.000 -19.62%
2014 306.241.000 23.93%
2015 263.358.000 -16.28%
2016 346.771.000 24.05%
2017 339.095.000 -2.26%
2018 469.260.000 27.74%
2019 398.843.000 -17.66%
2020 487.890.000 18.25%
2021 650.913.000 25.05%
2022 635.107.000 -2.49%
2023 927.992.000 31.56%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

First Hi-tec Enterprise Co., Ltd. Gross Profit
Year Gross Profit Growth
2009 261.604.000
2010 506.025.000 48.3%
2011 402.978.000 -25.57%
2012 284.369.000 -41.71%
2013 225.937.000 -25.86%
2014 288.084.000 21.57%
2015 298.214.000 3.4%
2016 354.751.000 15.94%
2017 378.296.000 6.22%
2018 478.071.000 20.87%
2019 427.357.000 -11.87%
2020 546.329.000 21.78%
2021 724.591.000 24.6%
2022 579.718.000 -24.99%
2023 847.612.000 31.61%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

First Hi-tec Enterprise Co., Ltd. Net Profit
Year Net Profit Growth
2009 110.517.000
2010 297.284.000 62.82%
2011 239.154.000 -24.31%
2012 128.581.000 -85.99%
2013 100.414.000 -28.05%
2014 158.746.000 36.75%
2015 126.247.000 -25.74%
2016 198.896.000 36.53%
2017 193.837.000 -2.61%
2018 292.766.000 33.79%
2019 221.397.000 -32.24%
2020 294.907.000 24.93%
2021 407.002.000 27.54%
2022 370.245.000 -9.93%
2023 599.208.000 38.21%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

First Hi-tec Enterprise Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 1
2010 4 66.67%
2011 3 0%
2012 2 -200%
2013 1 0%
2014 2 50%
2015 2 -100%
2016 3 50%
2017 2 0%
2018 3 33.33%
2019 3 -50%
2020 3 33.33%
2021 5 25%
2022 4 -33.33%
2023 6 50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

First Hi-tec Enterprise Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2009 278.577.000
2010 297.664.000 6.41%
2011 177.833.000 -67.38%
2012 208.411.000 14.67%
2013 74.376.000 -180.21%
2014 30.722.000 -142.09%
2015 234.358.000 86.89%
2016 159.143.000 -47.26%
2017 -63.877.000 349.14%
2018 262.480.000 124.34%
2019 211.135.000 -24.32%
2020 229.746.000 8.1%
2021 -440.371.000 152.17%
2022 502.633.000 187.61%
2023 -100.182.000 601.72%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

First Hi-tec Enterprise Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2009 308.762.000
2010 420.515.000 26.58%
2011 296.458.000 -41.85%
2012 299.700.000 1.08%
2013 202.529.000 -47.98%
2014 113.704.000 -78.12%
2015 287.460.000 60.45%
2016 261.910.000 -9.76%
2017 216.789.000 -20.81%
2018 376.010.000 42.34%
2019 373.700.000 -0.62%
2020 370.114.000 -0.97%
2021 14.572.000 -2439.9%
2022 660.892.000 97.8%
2023 -53.429.000 1336.95%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

First Hi-tec Enterprise Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2009 30.185.000
2010 122.851.000 75.43%
2011 118.625.000 -3.56%
2012 91.289.000 -29.94%
2013 128.153.000 28.77%
2014 82.982.000 -54.43%
2015 53.102.000 -56.27%
2016 102.767.000 48.33%
2017 280.666.000 63.38%
2018 113.530.000 -147.22%
2019 162.565.000 30.16%
2020 140.368.000 -15.81%
2021 454.943.000 69.15%
2022 158.259.000 -187.47%
2023 46.753.000 -238.5%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

First Hi-tec Enterprise Co., Ltd. Equity
Year Equity Growth
2009 1.038.246.000
2010 1.236.763.000 16.05%
2011 1.256.547.000 1.57%
2012 1.213.883.000 -3.51%
2013 1.190.959.000 -1.92%
2014 1.228.619.000 3.07%
2015 1.221.992.000 -0.54%
2016 1.293.878.000 5.56%
2017 1.552.130.000 16.64%
2018 1.677.814.000 7.49%
2019 1.651.161.000 -1.61%
2020 1.756.028.000 5.97%
2021 2.331.922.000 24.7%
2022 2.363.420.000 1.33%
2023 2.459.714.000 3.91%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

First Hi-tec Enterprise Co., Ltd. Assets
Year Assets Growth
2009 1.658.585.000
2010 1.969.779.000 15.8%
2011 1.909.554.000 -3.15%
2012 1.717.304.000 -11.19%
2013 1.698.453.000 -1.11%
2014 1.803.549.000 5.83%
2015 1.825.430.000 1.2%
2016 1.955.569.000 6.65%
2017 2.217.688.000 11.82%
2018 2.322.564.000 4.52%
2019 2.354.394.000 1.35%
2020 2.666.117.000 11.69%
2021 3.743.791.000 28.79%
2022 3.823.633.000 2.09%
2023 4.346.668.000 12.03%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

First Hi-tec Enterprise Co., Ltd. Liabilities
Year Liabilities Growth
2009 620.339.000
2010 733.016.000 15.37%
2011 653.007.000 -12.25%
2012 503.421.000 -29.71%
2013 507.494.000 0.8%
2014 574.930.000 11.73%
2015 603.438.000 4.72%
2016 661.691.000 8.8%
2017 665.558.000 0.58%
2018 644.750.000 -3.23%
2019 703.233.000 8.32%
2020 910.089.000 22.73%
2021 1.411.869.000 35.54%
2022 1.460.213.000 3.31%
2023 1.886.954.000 22.62%

First Hi-tec Enterprise Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
44.27
Net Income per Share
5.11
Price to Earning Ratio
20.45x
Price To Sales Ratio
2.36x
POCF Ratio
36.21
PFCF Ratio
75.22
Price to Book Ratio
3.95
EV to Sales
2.43
EV Over EBITDA
12.93
EV to Operating CashFlow
37.23
EV to FreeCashFlow
77.4
Earnings Yield
0.05
FreeCashFlow Yield
0.01
Market Cap
9,72 Bil.
Enterprise Value
10,00 Bil.
Graham Number
55.13
Graham NetNet
1.24

Income Statement Metrics

Net Income per Share
5.11
Income Quality
0.45
ROE
0.2
Return On Assets
0.11
Return On Capital Employed
0.22
Net Income per EBT
0.8
EBT Per Ebit
0.99
Ebit per Revenue
0.14
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.19
Operating Profit Margin
0.14
Pretax Profit Margin
0.13
Net Profit Margin
0.11

Dividends

Dividend Yield
0.03
Dividend Yield %
3.16
Payout Ratio
0
Dividend Per Share
3.3

Operating Metrics

Operating Cashflow per Share
2.89
Free CashFlow per Share
1.39
Capex to Operating CashFlow
-0.52
Capex to Revenue
-0.03
Capex to Depreciation
-0.8
Return on Invested Capital
0.15
Return on Tangible Assets
0.11
Days Sales Outstanding
132.18
Days Payables Outstanding
96.2
Days of Inventory on Hand
109.85
Receivables Turnover
2.76
Payables Turnover
3.79
Inventory Turnover
3.32
Capex per Share
-1.5

Balance Sheet

Cash per Share
4,13
Book Value per Share
26,44
Tangible Book Value per Share
26.44
Shareholders Equity per Share
26.44
Interest Debt per Share
6.94
Debt to Equity
0.26
Debt to Assets
0.15
Net Debt to EBITDA
0.36
Current Ratio
1.7
Tangible Asset Value
2,46 Bil.
Net Current Asset Value
1,01 Bil.
Invested Capital
0.26
Working Capital
1,20 Bil.
Intangibles to Total Assets
0
Average Receivables
1,44 Bil.
Average Payables
0,96 Bil.
Average Inventory
1031753000
Debt to Market Cap
0.07

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

First Hi-tec Enterprise Co., Ltd. Dividends
Year Dividends Growth
2008 1
2009 1 0%
2010 1 100%
2011 3 50%
2012 2 0%
2013 1 -100%
2014 1 0%
2015 2 0%
2016 1 0%
2017 2 0%
2018 2 0%
2019 3 50%
2020 2 0%
2021 3 0%
2022 4 33.33%
2023 3 0%

First Hi-tec Enterprise Co., Ltd. Profile

About First Hi-tec Enterprise Co., Ltd.

First Hi-tec Enterprise Co., Ltd. manufactures and sells printed circuit boards (PCBs) in Asia. It offers S/S, D/S, and M/L rigid PCBs; HDI with stacked through PCBs; and MCPCBs. The company's products are used in telecom/network, automotive, semiconductor, and electrician applications. First Hi-tec Enterprise Co., Ltd. was founded in 1988 and is based in Taoyuan, Taiwan.

CEO
Taylor Lee
Employee
652
Address
No. 3, Xingbang Road
Taoyuan City, 33068

First Hi-tec Enterprise Co., Ltd. Executives & BODs

First Hi-tec Enterprise Co., Ltd. Executives & BODs
# Name Age
1 Taylor Lee
General Manager
70
2 Chiu-Hsiung Chang
Financial Manager
70

First Hi-tec Enterprise Co., Ltd. Competitors