Shin-Etsu Chemical Co., Ltd. (SHECF)

Shin-Etsu Chemical Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	2,521,232	2,414,937	2,808,824	2,074,428	1,496,906	1,543,525
Revenue Growth (YoY)	2.12%	-14.02%	35.40%	38.58%	-3.02%	-3.17%
Cost of Revenue	1,565,320	1,503,728	1,594,717	1,206,425	953,203	987,782
Gross Profit	955,912	911,209	1,214,107	868,003	543,703	555,743
Selling, General & Admin	229,962	204,441	213,090	188,677	149,337	147,735
Operating Expenses	229,962	210,171	215,905	195,320	151,489	149,702
Operating Income	725,950	701,038	998,202	672,683	392,214	406,041
Interest Expense	-1,501	-1,501	-1,490	-	-728	-749
Interest & Investment Income	87,469	67,959	16,575	-	12,433	18,165
Earnings From Equity Investments	-	-	9,522	7,140	5,364	4,327
Currency Exchange Gain (Loss)	2,857	13,648	-3,195	14,265	-	-5,650
Other Non Operating Income (Expenses)	3,178	8,310	5,506	3,159	-2,230	-3,892
EBT Excluding Unusual Items	817,953	789,454	1,025,120	697,247	407,053	418,242
Gain (Loss) on Sale of Investments	16,067	19,178	-	-	-	7,774
Gain (Loss) on Sale of Assets	-	-2,226	-4,910	-1,111	-1,954	-
Other Unusual Items	5,421	-10,733	-	-	-2,955	-
Pretax Income	841,594	795,673	1,020,210	696,136	402,144	426,016
Income Tax Expense	248,784	230,513	256,590	171,105	102,968	107,726
Earnings From Continuing Operations	592,810	565,160	763,620	525,031	299,176	318,290
Minority Interest in Earnings	-46,660	-45,020	-55,382	-24,914	-5,444	-4,263
Net Income	546,150	520,140	708,238	500,117	293,732	314,027
Net Income to Common	546,150	520,140	708,238	500,117	293,732	314,027
Net Income Growth	1.85%	-26.56%	41.61%	70.26%	-6.46%	1.59%
Shares Outstanding (Basic)	1,989	2,005	2,036	2,077	2,078	2,079
Shares Outstanding (Diluted)	1,991	2,007	2,037	2,079	2,079	2,080
Shares Change (YoY)	-1.08%	-1.49%	-2.00%	-0.02%	-0.01%	-2.33%
EPS (Basic)	274.63	259.41	347.84	240.76	141.35	151.03
EPS (Diluted)	274.33	259.13	347.61	240.55	141.25	151.00
EPS Growth	2.96%	-25.45%	44.51%	70.30%	-6.46%	4.01%
Free Cash Flow	364,066	380,766	492,496	357,753	164,981	144,019
Free Cash Flow Per Share	182.89	189.72	241.73	172.08	79.34	69.25
Dividend Per Share	103.000	100.000	100.000	80.000	50.000	44.000
Dividend Growth	-31.33%	0%	25.00%	60.00%	13.64%	10.00%
Gross Margin	37.91%	37.73%	43.22%	41.84%	36.32%	36.00%
Operating Margin	28.79%	29.03%	35.54%	32.43%	26.20%	26.31%
Profit Margin	21.66%	21.54%	25.21%	24.11%	19.62%	20.34%
Free Cash Flow Margin	14.44%	15.77%	17.53%	17.25%	11.02%	9.33%
EBITDA	959,569	928,657	1,211,834	841,471	536,021	537,213
EBITDA Margin	38.06%	38.45%	43.14%	40.56%	35.81%	34.80%
D&A For EBITDA	233,619	227,619	213,632	168,788	143,807	131,172
EBIT	725,950	701,038	998,202	672,683	392,214	406,041
EBIT Margin	28.79%	29.03%	35.54%	32.43%	26.20%	26.31%
Effective Tax Rate	29.56%	28.97%	25.15%	24.58%	25.60%	25.29%

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