Wei Chuan Foods Corporation (TPE:1201)

Wei Chuan Foods 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	23,346	23,474	21,476	19,973	19,818	18,651
Revenue Growth (YoY)	6.02%	9.30%	7.53%	0.78%	6.26%	-7.80%
Cost of Revenue	16,950	17,051	15,672	14,475	14,035	13,207
Gross Profit	6,396	6,423	5,804	5,498	5,783	5,444
Selling, General & Admin	5,544	5,582	5,181	4,954	4,910	4,616
Research & Development	268	258.56	243	210.34	225.59	229.18
Operating Expenses	5,808	5,838	5,483	5,164	5,076	4,822
Operating Income	588.86	585.72	321.05	334.18	707.35	622.42
Interest Expense	-123.46	-128.89	-165.81	-120.4	-115.94	-150.22
Interest & Investment Income	29.45	33.2	41.42	23.11	25.65	22.82
Earnings From Equity Investments	-0.33	-0.3	-0.48	-1.62	0.37	-0.62
Currency Exchange Gain (Loss)	11.58	11.58	-8.04	9.97	9.45	4.79
Other Non Operating Income (Expenses)	103.6	128.91	98.86	-59.06	81.81	70.95
EBT Excluding Unusual Items	609.71	630.23	287	186.18	708.7	570.13
Gain (Loss) on Sale of Investments	8.23	8.23	16.01	-4.8	-	0.01
Gain (Loss) on Sale of Assets	-17.55	-17.55	-17.64	-26.23	-22.68	-36.97
Asset Writedown	0	0	-	0.02	32.27	9.72
Legal Settlements	0.02	0.02	96.43	123.8	-	-
Other Unusual Items	0.03	0.03	-	20.83	-	-
Pretax Income	600.43	620.96	381.81	299.8	718.3	542.89
Income Tax Expense	178.31	177.26	112.29	58.72	210.47	6.75
Earnings From Continuing Operations	422.13	443.7	269.52	241.08	507.83	536.14
Minority Interest in Earnings	-0.96	-0.99	-1.19	-0.8	-0.82	-0.95
Net Income	421.17	442.71	268.32	240.28	507	535.2
Net Income to Common	421.17	442.71	268.32	240.28	507	535.2
Net Income Growth	54.93%	64.99%	11.67%	-52.61%	-5.27%	-60.36%
Shares Outstanding (Basic)	505	506	506	506	506	506
Shares Outstanding (Diluted)	505	506	506	506	506	506
Shares Change (YoY)	-0.30%	-	-	-	-	-
EPS (Basic)	0.83	0.87	0.53	0.47	1.00	1.06
EPS (Diluted)	0.83	0.87	0.53	0.47	1.00	1.06
EPS Growth	54.49%	64.15%	12.77%	-53.00%	-5.44%	-60.36%
Free Cash Flow	740.68	878.16	1,122	76.67	295.43	1,263
Free Cash Flow Per Share	1.47	1.74	2.22	0.15	0.58	2.50
Dividend Per Share	0.500	0.500	0.266	0.238	0.501	0.530
Dividend Growth	87.97%	87.97%	11.77%	-52.50%	-5.47%	-60.27%
Gross Margin	27.40%	27.36%	27.02%	27.53%	29.18%	29.19%
Operating Margin	2.52%	2.50%	1.49%	1.67%	3.57%	3.34%
Profit Margin	1.80%	1.89%	1.25%	1.20%	2.56%	2.87%
Free Cash Flow Margin	3.17%	3.74%	5.22%	0.38%	1.49%	6.77%
EBITDA	1,476	1,477	1,184	1,243	1,618	1,541
EBITDA Margin	6.32%	6.29%	5.51%	6.22%	8.16%	8.26%
D&A For EBITDA	887.38	891.56	863.35	908.61	910.79	918.43
EBIT	588.86	585.72	321.05	334.18	707.35	622.42
EBIT Margin	2.52%	2.50%	1.49%	1.67%	3.57%	3.34%
Effective Tax Rate	29.70%	28.54%	29.41%	19.59%	29.30%	1.24%

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