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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,943	2,873	2,274	1,794	1,847	1,591
Revenue Growth (YoY)	8.84%	26.37%	26.73%	-2.86%	16.08%	0.38%
Cost of Revenue	2,486	2,350	2,070	1,673	1,712	1,524
Gross Profit	457.01	523.04	203.88	121.28	134.57	67.37
Selling, General & Admin	206.32	187.02	147.47	153.12	125.52	97.71
Operating Expenses	209.07	187.02	144.5	152.78	122.51	97.95
Operating Income	247.94	336.02	59.38	-31.5	12.05	-30.57
Interest Expense	-29.4	-32.35	-31.28	-18.01	-11.1	-6.13
Interest & Investment Income	86.74	131.89	62.28	58.53	55.37	52.73
Earnings From Equity Investments	11.39	16.05	12.85	9.27	27.15	12.95
Currency Exchange Gain (Loss)	0.12	2.61	-0.54	17.28	-3.73	-7.21
Other Non Operating Income (Expenses)	53.68	-23.3	-52.75	7.62	51.12	-18.44
EBT Excluding Unusual Items	370.47	430.91	49.94	43.18	130.86	3.34
Impairment of Goodwill	-	-	-	-0.7	-	-
Gain (Loss) on Sale of Investments	-29.48	0.53	15.57	-40.12	18.03	4.09
Gain (Loss) on Sale of Assets	0.57	0.87	170.92	-	-	-
Asset Writedown	-	-	-50	-6.97	-	-
Other Unusual Items	-56.48	1.88	0.95	114.29	0.23	0.01
Pretax Income	285.09	434.18	187.38	109.68	149.13	7.43
Income Tax Expense	38.85	56.96	31.32	1.55	15.32	-9.52
Earnings From Continuing Operations	246.24	377.22	156.05	108.12	133.81	16.95
Minority Interest in Earnings	-21.55	-28.74	-6.53	40.92	6.17	5.21
Net Income	224.68	348.49	149.52	149.04	139.99	22.16
Net Income to Common	224.68	348.49	149.52	149.04	139.99	22.16
Net Income Growth	-19.77%	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)	0.03%	0.05%	0.01%	0.04%	0.01%	-0.01%
EPS (Basic)	0.39	0.61	0.26	0.26	0.25	0.04
EPS (Diluted)	0.39	0.61	0.26	0.26	0.25	0.04
EPS Growth	-17.88%	134.62%	-	5.85%	531.76%	-33.12%
Free Cash Flow	49.33	149.3	-136.56	-469.85	-667.04	80.7
Free Cash Flow Per Share	0.09	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	15.53%	18.21%	8.97%	6.76%	7.29%	4.23%
Operating Margin	8.42%	11.70%	2.61%	-1.76%	0.65%	-1.92%
Profit Margin	7.63%	12.13%	6.58%	8.31%	7.58%	1.39%
Free Cash Flow Margin	1.68%	5.20%	-6.01%	-26.19%	-36.12%	5.07%
EBITDA	312.21	393.55	88.03	-7.73	28.86	-15.36
EBITDA Margin	10.61%	13.70%	3.87%	-0.43%	1.56%	-0.97%
D&A For EBITDA	64.27	57.53	28.65	23.77	16.8	15.22
EBIT	247.94	336.02	59.38	-31.5	12.05	-30.57
EBIT Margin	8.42%	11.70%	2.61%	-1.76%	0.65%	-1.92%
Effective Tax Rate	13.63%	13.12%	16.72%	1.42%	10.27%	-

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