Universal Cement Corporation (TPE:1104)

Universal Cement Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,863	7,954	7,802	7,056	6,079	5,426
Revenue Growth (YoY)	-2.30%	1.94%	10.58%	16.07%	12.03%	8.40%
Cost of Revenue	6,211	6,356	6,260	5,689	4,947	4,519
Gross Profit	1,652	1,598	1,542	1,366	1,132	907.03
Selling, General & Admin	477.45	470.95	503.15	418.94	346.14	343.71
Research & Development	85.1	71.82	72.62	92.36	78.68	69.2
Operating Expenses	564.56	540.6	567.73	525.21	421.62	413.89
Operating Income	1,087	1,057	974.41	841.09	710.2	493.14
Interest Expense	-48.86	-42.93	-55.67	-41.67	-29.29	-31.4
Interest & Investment Income	243.98	242.7	241.85	229.59	161.61	173.92
Earnings From Equity Investments	493.2	475.86	840.84	823.44	372.9	707.79
Currency Exchange Gain (Loss)	1.5	1.5	0.94	3.46	-0.54	-1.07
Other Non Operating Income (Expenses)	82.55	48.4	40.95	33.12	26.61	48.83
EBT Excluding Unusual Items	1,860	1,783	2,043	1,889	1,241	1,391
Gain (Loss) on Sale of Investments	2.7	2.7	42.76	361.3	-4.2	-0.02
Gain (Loss) on Sale of Assets	9.95	9.95	612.62	407.17	2.97	9.34
Asset Writedown	-	-	-116.11	-274.16	-	-103.01
Legal Settlements	11.46	11.46	-	-	-	-
Pretax Income	1,884	1,807	2,583	2,383	1,240	1,298
Income Tax Expense	218.98	276.76	235.34	199.84	126.04	37.72
Earnings From Continuing Operations	1,665	1,530	2,347	2,183	1,114	1,260
Minority Interest in Earnings	-51.28	-48.05	-239.49	-142.1	-26.15	-12.54
Net Income	1,614	1,482	2,108	2,041	1,088	1,247
Net Income to Common	1,614	1,482	2,108	2,041	1,088	1,247
Net Income Growth	3.03%	-29.68%	3.25%	87.61%	-12.76%	9.84%
Shares Outstanding (Basic)	687	687	687	687	687	687
Shares Outstanding (Diluted)	692	689	688	688	688	688
Shares Change (YoY)	0.50%	0.06%	0.00%	0.08%	-0.02%	-
EPS (Basic)	2.35	2.16	3.07	2.97	1.58	1.82
EPS (Diluted)	2.33	2.15	3.06	2.96	1.58	1.81
EPS Growth	2.64%	-29.74%	3.35%	87.39%	-12.63%	9.83%
Free Cash Flow	1,274	1,730	1,353	692.86	1,178	845.35
Free Cash Flow Per Share	1.84	2.51	1.97	1.01	1.71	1.23
Dividend Per Share	-	1.700	1.765	1.428	0.952	1.047
Dividend Growth	-	-3.67%	23.60%	50.01%	-9.09%	10.00%
Gross Margin	21.01%	20.09%	19.77%	19.36%	18.62%	16.72%
Operating Margin	13.83%	13.30%	12.49%	11.92%	11.68%	9.09%
Profit Margin	20.52%	18.64%	27.01%	28.93%	17.90%	22.99%
Free Cash Flow Margin	16.20%	21.75%	17.34%	9.82%	19.38%	15.58%
EBITDA	1,261	1,222	1,105	965.68	825.38	578.48
EBITDA Margin	16.04%	15.37%	14.16%	13.69%	13.58%	10.66%
D&A For EBITDA	173.72	164.73	130.77	124.59	115.18	85.34
EBIT	1,087	1,057	974.41	841.09	710.2	493.14
EBIT Margin	13.83%	13.30%	12.49%	11.92%	11.68%	9.09%
Effective Tax Rate	11.62%	15.32%	9.11%	8.38%	10.16%	2.91%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.