Hey Song Corporation (TPE: 1234)

Hey Song Income Statement

Financials in millions TWD. 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
Revenue	10,588	10,576	9,558	9,223	9,205	9,146
Revenue Growth (YoY)	0.29%	10.65%	3.64%	0.19%	0.65%	2.74%
Cost of Revenue	7,487	7,611	6,880	6,662	6,570	6,695
Gross Profit	3,101	2,966	2,679	2,561	2,635	2,451
Selling, General & Admin	2,308	2,190	2,030	1,903	1,964	1,940
Research & Development	55.78	57.51	55.73	52.05	56.59	50.16
Operating Expenses	2,364	2,248	2,084	1,955	2,020	1,990
Operating Income	737.38	717.98	594.87	605.94	615.54	460.62
Interest Expense	-19.03	-16.23	-13.76	-8.79	-12.7	-17.19
Interest & Investment Income	18.82	14.45	7.11	7.02	6.8	12.88
Earnings From Equity Investments	4.27	4.49	14.21	-23.12	36.64	77.81
Currency Exchange Gain (Loss)	-0.88	3.37	31.18	-6.78	-33.49	-13.28
Other Non Operating Income (Expenses)	472.57	468.16	457.73	425.76	421.33	429.34
EBT Excluding Unusual Items	1,213	1,192	1,091	1,000	1,034	950.17
Gain (Loss) on Sale of Investments	3.98	3.52	1.08	0.55	0.49	0.47
Gain (Loss) on Sale of Assets	1.3	0.82	1.77	0.54	0.49	1.48
Asset Writedown	-	-	-	-	-	15.03
Pretax Income	1,218	1,197	1,094	1,001	1,035	967.16
Income Tax Expense	252.68	248.11	208.03	204.31	144.93	120.64
Net Income	965.73	948.45	886.14	796.81	890.16	846.51
Net Income to Common	965.73	948.45	886.14	796.81	890.16	846.51
Net Income Growth	-0.00%	7.03%	11.21%	-10.49%	5.16%	21.57%
Shares Outstanding (Basic)	402	402	402	402	402	402
Shares Outstanding (Diluted)	402	402	402	402	402	402
Shares Change (YoY)	-0.01%	-0.01%	0.01%	-0.01%	0.01%	0.01%
EPS (Basic)	2.40	2.36	2.21	1.98	2.22	2.11
EPS (Diluted)	2.40	2.36	2.20	1.98	2.21	2.10
EPS Growth	0.55%	7.27%	11.11%	-10.41%	5.24%	21.39%
Free Cash Flow	-59.64	1,041	600.18	877.45	1,245	1,032
Free Cash Flow Per Share	-0.15	2.59	1.49	2.18	3.09	2.56
Dividend Per Share	1.900	1.900	1.800	1.700	1.800	1.700
Dividend Growth	5.56%	5.56%	5.88%	-5.56%	5.88%	6.25%
Gross Margin	29.29%	28.04%	28.03%	27.77%	28.63%	26.80%
Operating Margin	6.96%	6.79%	6.22%	6.57%	6.69%	5.04%
Profit Margin	9.12%	8.97%	9.27%	8.64%	9.67%	9.26%
Free Cash Flow Margin	-0.56%	9.84%	6.28%	9.51%	13.52%	11.28%
EBITDA	1,059	1,043	921.47	934.72	942.84	778.22
EBITDA Margin	10.00%	9.86%	9.64%	10.13%	10.24%	8.51%
D&A For EBITDA	321.18	324.63	326.6	328.78	327.3	317.6
EBIT	737.38	717.98	594.87	605.94	615.54	460.62
EBIT Margin	6.96%	6.79%	6.22%	6.57%	6.69%	5.04%
Effective Tax Rate	20.74%	20.74%	19.01%	20.41%	14.00%	12.47%
Revenue as Reported	10,588	10,576	9,558	9,223	9,205	9,146

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