The Siam Cement PCL (BKK: SCC)

The Siam Cement PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	501,278	499,646	569,609	530,112	399,939	437,980
Revenue Growth (YoY)	0.01%	-12.28%	7.45%	32.55%	-8.69%	-8.46%
Cost of Revenue	433,914	426,199	491,339	421,000	309,947	355,752
Gross Profit	67,363	73,447	78,269	109,112	89,992	82,228
Selling, General & Admin	66,073	65,161	69,588	62,428	52,757	54,265
Other Operating Expenses	11,807	-2,980	-4,987	-6,344	-2,777	-2,318
Operating Expenses	77,880	62,181	64,601	56,084	49,980	51,947
Operating Income	-10,517	11,265	13,669	53,028	40,012	30,281
Interest Expense	-11,358	-10,297	-7,523	-6,757	-7,082	-6,587
Interest & Investment Income	5,483	5,483	5,787	2,744	1,895	2,927
Earnings From Equity Investments	6,954	8,419	10,703	17,543	9,456	11,632
Currency Exchange Gain (Loss)	-	-	-	-	-	1,582
EBT Excluding Unusual Items	-9,437	14,870	22,636	66,557	44,281	39,835
Merger & Restructuring Charges	-29	-29	-185	-369	-58	-43
Gain (Loss) on Sale of Investments	18,806	18,806	1,081	57	-	59
Gain (Loss) on Sale of Assets	-	-	-136	-	-	326
Asset Writedown	-1,492	-1,492	-634	-3,680	-1,114	-814
Other Unusual Items	-204	-	-387	1,071	-	-
Pretax Income	7,944	32,155	22,375	63,636	43,109	39,363
Income Tax Expense	4,693	8,045	4,650	8,900	5,809	6,167
Earnings From Continuing Operations	3,251	24,110	17,725	54,736	37,300	33,197
Minority Interest in Earnings	2,469	1,805	3,658	-7,562	-3,156	-1,182
Net Income	5,720	25,915	21,382	47,174	34,144	32,014
Net Income to Common	5,720	25,915	21,382	47,174	34,144	32,014
Net Income Growth	-78.98%	21.20%	-54.67%	38.16%	6.65%	-28.46%
Shares Outstanding (Basic)	1,200	1,200	1,200	1,200	1,200	1,200
Shares Outstanding (Diluted)	1,200	1,200	1,200	1,200	1,200	1,200
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	4.77	21.60	17.82	39.31	28.45	26.68
EPS (Diluted)	4.77	21.60	17.82	39.31	28.45	26.68
EPS Growth	-78.97%	21.20%	-54.67%	38.16%	6.65%	-28.46%
Free Cash Flow	-2,493	11,985	-8,346	-19,207	19,058	11,760
Free Cash Flow Per Share	-2.08	9.99	-6.96	-16.01	15.88	9.80
Dividend Per Share	6.000	6.000	8.000	18.500	14.000	14.000
Dividend Growth	33.33%	-25.00%	-56.76%	32.14%	0%	-22.22%
Gross Margin	13.44%	14.70%	13.74%	20.58%	22.50%	18.77%
Operating Margin	-2.10%	2.25%	2.40%	10.00%	10.00%	6.91%
Profit Margin	1.14%	5.19%	3.75%	8.90%	8.54%	7.31%
Free Cash Flow Margin	-0.50%	2.40%	-1.47%	-3.62%	4.77%	2.69%
EBITDA	16,298	36,477	38,376	77,576	63,323	53,280
EBITDA Margin	3.25%	7.30%	6.74%	14.63%	15.83%	12.16%
D&A For EBITDA	26,814	25,211	24,707	24,549	23,310	23,000
EBIT	-10,517	11,265	13,669	53,028	40,012	30,281
EBIT Margin	-2.10%	2.25%	2.40%	10.00%	10.00%	6.91%
Effective Tax Rate	59.08%	25.02%	20.78%	13.99%	13.47%	15.67%
Advertising Expenses	-	3,034	3,003	2,178	1,998	2,067

Source: S&P Capital IQ. Standard template. Financial Sources.