Foxconn Industrial Internet Co., Ltd. (SHA: 601138)

Foxconn Industrial Internet Income Statement

Financials in millions CNY. 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
Operating Revenue	582,485	474,930	510,534	438,345	430,766	408,101
Other Revenue	1,410	1,410	1,316	1,212	1,020	596.93
Revenue	583,895	476,340	511,850	439,557	431,786	408,698
Revenue Growth (YoY)	21.75%	-6.94%	16.45%	1.80%	5.65%	-1.61%
Cost of Revenue	542,637	438,693	475,964	403,868	397,257	375,175
Gross Profit	41,258	37,648	35,886	35,689	34,529	33,522
Selling, General & Admin	5,430	5,224	4,896	5,078	5,374	5,320
Research & Development	9,969	10,652	11,361	10,392	9,753	9,121
Other Operating Expenses	1,077	380.73	486.12	595.88	723.24	641.58
Operating Expenses	16,453	16,158	16,585	15,946	15,970	15,026
Operating Income	24,804	21,489	19,301	19,743	18,559	18,497
Interest Expense	-2,512	-2,482	-1,482	-492.43	-589.49	-753.13
Interest & Investment Income	2,163	2,293	1,852	2,773	1,982	1,686
Currency Exchange Gain (Loss)	793.5	793.5	388.14	-458.35	-803.77	-20.28
Other Non Operating Income (Expenses)	-1,319	-4.6	-2.01	-70.94	-23.04	-2.18
EBT Excluding Unusual Items	23,930	22,090	20,057	21,494	19,124	19,407
Gain (Loss) on Sale of Investments	122.54	-402.52	-70.11	-481.48	312.83	138.38
Gain (Loss) on Sale of Assets	42.04	101.41	-13.17	13.59	34.09	-45.07
Asset Writedown	-889.11	-	-	-10.74	-1,339	-
Other Unusual Items	1,905	1,304	1,942	1,285	1,588	1,632
Pretax Income	25,142	23,124	21,963	22,318	19,746	21,132
Income Tax Expense	2,470	2,106	1,879	2,293	2,319	2,526
Earnings From Continuing Operations	22,672	21,018	20,084	20,025	17,427	18,606
Minority Interest in Earnings	24.02	21.88	-10.82	-14.99	4.09	0.14
Net Income	22,697	21,040	20,073	20,010	17,431	18,606
Net Income to Common	22,697	21,040	20,073	20,010	17,431	18,606
Net Income Growth	4.29%	4.82%	0.32%	14.80%	-6.32%	10.08%
Shares Outstanding (Basic)	19,918	19,849	19,679	19,812	19,808	19,794
Shares Outstanding (Diluted)	19,918	19,849	19,679	19,812	19,808	19,794
Shares Change (YoY)	1.84%	0.86%	-0.67%	0.02%	0.07%	5.40%
EPS (Basic)	1.14	1.06	1.02	1.01	0.88	0.94
EPS (Diluted)	1.14	1.06	1.02	1.01	0.88	0.94
EPS Growth	2.41%	3.92%	0.99%	14.77%	-6.38%	4.44%
Free Cash Flow	4,233	33,894	7,272	2,689	4,087	3,381
Free Cash Flow Per Share	0.21	1.71	0.37	0.14	0.21	0.17
Dividend Per Share	0.580	0.580	0.550	0.500	0.250	0.200
Dividend Growth	5.45%	5.45%	10.00%	100.00%	25.00%	55.04%
Gross Margin	7.07%	7.90%	7.01%	8.12%	8.00%	8.20%
Operating Margin	4.25%	4.51%	3.77%	4.49%	4.30%	4.53%
Profit Margin	3.89%	4.42%	3.92%	4.55%	4.04%	4.55%
Free Cash Flow Margin	0.72%	7.12%	1.42%	0.61%	0.95%	0.83%
EBITDA	28,916	25,219	22,521	22,259	20,992	21,243
EBITDA Margin	4.95%	5.29%	4.40%	5.06%	4.86%	5.20%
D&A For EBITDA	4,112	3,730	3,220	2,516	2,433	2,746
EBIT	24,804	21,489	19,301	19,743	18,559	18,497
EBIT Margin	4.25%	4.51%	3.77%	4.49%	4.30%	4.53%
Effective Tax Rate	9.82%	9.11%	8.56%	10.27%	11.75%	11.96%
Revenue as Reported	476,340	476,340	511,850	439,557	431,786	408,698
Advertising Expenses	-	37.91	49.8	46.1	91.44	-

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