54

Mustang Industrial

5460 · TWO · Industrials / Metal Fabrication

16.55TWD-0.90 (-5.16%)

Price History

Full chart

Market Stats

Previous Close17.45
Open17.50
Day Range16.55 – 18.00
52-Week Range13.30 – 21.20
Volume548.23K
Market Cap1.02B
P/E (TTM)96.67
Forward P/E0.00
EPS0.18
Dividend Yield0.00%
Beta0.22
50-Day Avg16.40
200-Day Avg15.68

About

Mustang Industrial Corp. engages in the manufacture and sale of progressive die molds and stamping products in Taiwan. The company offers shielding frame and cover assemblies for tuners; metal stamped frames and covers for signal shielding; and large-sized metal stamping products, which include cover and chassis of set-top boxes and satellite receivers. It also provides middle size stamping parts, such as metal frames, brackets, and plates for LCD panels; small size stamping parts comprising springs and contacting fingers for EMC solution; high precision stamping parts, including micro punching/blanking technology to replace chemical etching, as well as terminals, jumpers, and contact springs; and heat spreaders for chip sets and drawn parts. The company was founded in 1972 and is headquartered in New Taipei City, Taiwan.

Company Details

  • SectorIndustrials
  • IndustryMetal Fabrication
  • CEOMr. Dingpan Liu
  • Employees0
  • Headquarters1, Ming An Road, New Taipei City, Taiwan, 242, Taiwan
  • Websitehttps://www.mustang-group.com

Leadership

  • Mr. Dingpan LiuPresident & Chairman
  • Mr. Guanghui LuVP & Director
  • Mr. Zheng Pin SunManager
  • Ms. Ya Mei LiuManager

Financials

Income Statement

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue841.84M863.79M825.36M616.99M500.00M386.19M357.86M276.73M233.34M
Growth (%)-+2.61%-4.45%-25.25%-18.96%-22.76%-7.34%-22.67%-15.68%
Cost of Revenue647.20M683.84M616.08M484.17M393.07M315.42M288.36M191.94M168.04M
Gross Profit194.64M179.95M209.29M132.81M106.93M70.77M69.50M84.79M65.30M
Gross Margin23.12%20.83%25.36%21.53%21.39%18.32%19.42%30.64%27.99%
Operating Expense146.20M143.31M134.50M130.61M102.87M90.79M85.37M91.10M82.11M
Operating Income48.44M36.64M74.78M2.20M4.05M-20.02M-15.87M-6.31M-16.81M
Operating Margin5.75%4.24%9.06%0.36%0.81%-5.19%-4.44%-2.28%-7.20%
EBITDA143.77M145.98M181.81M107.28M99.51M78.52M70.47M65.79M27.43M
EBITDA Margin17.08%16.90%22.03%17.39%19.90%20.33%19.69%23.77%11.76%
Net Income33.08M21.53M49.09M1.07M449.00K-19.93M-11.99M13.20M-10.23M
Net Income Margin3.93%2.49%5.95%0.17%0.09%-5.16%-3.35%4.77%-4.39%
R&D12.44M11.84M12.29M11.36M10.29M9.12M8.39M8.36M7.95M
R&D as % of Total Revenue1.48%1.37%1.49%1.84%2.06%2.36%2.35%3.02%3.41%
Interest Expense06.00K74.00K77.00K97.00K112.00K76.00K54.00K111.00K
Interest Expense % of Total Revenue0.00%0.00%0.01%0.01%0.02%0.03%0.02%0.02%0.05%

Balance Sheet

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.19B1.21B1.04B950.29M885.05M848.22M810.54M827.59M811.38M
Total Liabilities268.57M302.97M232.56M173.12M141.20M118.69M99.87M92.52M84.79M
Total Equity926.02M909.16M811.79M777.18M743.86M729.53M710.67M735.08M726.59M
Cash375.47M362.75M247.54M298.60M111.65M165.29M141.09M85.78M44.43M
Total Debt---3.33M8.97M6.51M4.03M--
Net Debt----295.27M-102.68M-158.78M-137.06M--

Cash Flow

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow83.97M122.59M112.49M163.94M30.50M95.80M61.01M27.73M37.83M
Investing Cash Flow-80.90M-98.46M-83.34M-76.22M-1.37M----
Financing Cash Flow-46.80M-36.01M-132.09M-36.15M-33.07M-2.44M-2.84M--
Capital Expenditure80.54M98.01M108.01M76.47M1.38M7.72M91.00K853.00K3.21M
Free Cash Flow3.07M24.02M4.43M87.47M29.12M88.08M60.92M26.88M34.62M
Dividends Paid46.81M36.01M21.60M33.66M6.12M----
FCF to OCF3.65%19.59%3.94%53.36%95.46%91.94%99.85%96.92%91.52%
Dividend Paid to FCF1526.31%149.91%487.21%38.49%21.03%----

Earnings

Report DateOct 30, 2007Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012May 6, 2013Aug 12, 2013Nov 11, 2013Dec 31, 2013May 15, 2014Aug 15, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate0.85-----------------------------------------------------------
EPS Actual0.260.200.560.020.190.080.190.020.240.270.430.110.190.160.440.290.340.430.180.270.190.170.260.290.440.450.320.320.380.220.340.260.310.100.200.130.270.090.07-0.100.170.050.240.130.140.320.230.11-0.01-0.110.03-0.06-0.120.20-0.01-0.07-0.13-0.08-0.07-0.14
Surprise-69.41%-----------------------------------------------------------
TimingPre-market------------------After-hoursPre-marketPre-market--------------------------------------

Key Statistics & Ratios

Market Cap1.02B
Enterprise Value480.21M
Trailing P/E96.67
Forward P/E0.00
Price / Sales4.14
Price / Book1.34
EPS0.18
Book Value12.67
Revenue (TTM)246.90M
Gross Profit (TTM)74.67M
EBITDA27.01M
Profit Margin4.13%
Operating Margin-1.95%
Return on Equity1.42%
Return on Assets-0.57%
Shares Outstanding58.78M
Shares Float36.72M
Beta0.22
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20212×
0.40Oct 21, 20210.10Apr 28, 2021
20201×
0.57Aug 11, 2020
20192×
1.84Oct 24, 20190.37Aug 27, 2019
20181×
0.61Aug 9, 2018
20171×
0.80Aug 10, 2017
20161×
0.98Aug 9, 2016
20151×
1.10Aug 6, 2015
20141×
0.86Aug 7, 2014
20131×
0.98Aug 8, 2013
20121×
0.86Aug 8, 2012
20111×
0.74Aug 11, 2011
20101×
0.63Aug 10, 2010
20091×
0.35Jul 23, 2009
20081×
0.57Jul 24, 2008

Stock Splits

  • Oct 21, 2021960:1000
  • Oct 24, 2019850:1000
  • Jul 23, 2009105:100
  • Jul 24, 2008103:100