Southeast Cement Co., Ltd. (TPE:1110)

Southeast 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,180	2,873	2,274	1,794	1,847	1,591
Revenue Growth (YoY)	37.59%	26.37%	26.73%	-2.86%	16.08%	0.38%
Cost of Revenue	2,643	2,350	2,070	1,673	1,712	1,524
Gross Profit	537.11	523.04	203.88	121.28	134.57	67.37
Selling, General & Admin	206.25	187.02	147.47	153.12	125.52	97.71
Operating Expenses	207.65	187.02	144.5	152.78	122.51	97.95
Operating Income	329.46	336.02	59.38	-31.5	12.05	-30.57
Interest Expense	-30.53	-32.35	-31.28	-18.01	-11.1	-6.13
Interest & Investment Income	134.93	131.89	62.28	58.53	55.37	52.73
Earnings From Equity Investments	10.19	16.05	12.85	9.27	27.15	12.95
Currency Exchange Gain (Loss)	-1.61	2.61	-0.54	17.28	-3.73	-7.21
Other Non Operating Income (Expenses)	-22.72	-23.3	-52.75	7.62	51.12	-18.44
EBT Excluding Unusual Items	419.72	430.91	49.94	43.18	130.86	3.34
Impairment of Goodwill	-	-	-	-0.7	-	-
Gain (Loss) on Sale of Investments	-29.45	0.53	15.57	-40.12	18.03	4.09
Gain (Loss) on Sale of Assets	1.37	0.87	170.92	-	-	-
Asset Writedown	-	-	-50	-6.97	-	-
Other Unusual Items	0.32	1.88	0.95	114.29	0.23	0.01
Pretax Income	391.96	434.18	187.38	109.68	149.13	7.43
Income Tax Expense	64.03	56.96	31.32	1.55	15.32	-9.52
Earnings From Continuing Operations	327.93	377.22	156.05	108.12	133.81	16.95
Minority Interest in Earnings	-24.87	-28.74	-6.53	40.92	6.17	5.21
Net Income	303.06	348.49	149.52	149.04	139.99	22.16
Net Income to Common	303.06	348.49	149.52	149.04	139.99	22.16
Net Income Growth	122.22%	133.07%	0.32%	6.47%	531.76%	-33.12%
Shares Outstanding (Basic)	570	570	570	570	570	570
Shares Outstanding (Diluted)	571	571	570	570	570	570
Shares Change (YoY)	0.06%	0.05%	0.01%	0.04%	0.01%	-0.01%
EPS (Basic)	0.53	0.61	0.26	0.26	0.25	0.04
EPS (Diluted)	0.53	0.61	0.26	0.26	0.25	0.04
EPS Growth	130.44%	134.62%	-	5.85%	531.76%	-33.12%
Free Cash Flow	276.97	149.3	-136.56	-469.85	-667.04	80.7
Free Cash Flow Per Share	0.48	0.26	-0.24	-0.82	-1.17	0.14
Dividend Per Share	0.300	0.300	0.200	0.100	0.200	0.100
Dividend Growth	50.00%	50.00%	100.00%	-50.00%	100.00%	-
Gross Margin	16.89%	18.21%	8.97%	6.76%	7.29%	4.23%
Operating Margin	10.36%	11.70%	2.61%	-1.76%	0.65%	-1.92%
Profit Margin	9.53%	12.13%	6.58%	8.31%	7.58%	1.39%
Free Cash Flow Margin	8.71%	5.20%	-6.01%	-26.19%	-36.12%	5.07%
EBITDA	391.3	393.55	88.03	-7.73	28.86	-15.36
EBITDA Margin	12.30%	13.70%	3.87%	-0.43%	1.56%	-0.97%
D&A For EBITDA	61.84	57.53	28.65	23.77	16.8	15.22
EBIT	329.46	336.02	59.38	-31.5	12.05	-30.57
EBIT Margin	10.36%	11.70%	2.61%	-1.76%	0.65%	-1.92%
Effective Tax Rate	16.34%	13.12%	16.72%	1.42%	10.27%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.