Far Eastern New Century Corporation (TPE:1402)

Far Eastern New Century 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
Operating Revenue	242,277	246,258	234,003	242,985	221,912	191,694
Other Revenue	26,983	24,696	23,201	20,960	16,894	15,075
Revenue	269,260	270,954	257,204	263,945	238,806	206,769
Revenue Growth (YoY)	3.14%	5.35%	-2.55%	10.53%	15.49%	-17.34%
Cost of Revenue	212,860	217,016	210,143	213,906	192,237	166,360
Gross Profit	56,400	53,938	47,061	50,038	46,569	40,409
Selling, General & Admin	35,204	35,666	31,565	34,936	33,830	29,060
Research & Development	1,296	1,319	1,132	989.95	880.07	866.81
Other Operating Expenses	-1,088	-1,032	-827.98	-583.99	-219.24	-0.56
Operating Expenses	35,698	36,243	32,089	35,671	34,774	30,393
Operating Income	20,702	17,694	14,973	14,368	11,795	10,016
Interest Expense	-4,600	-4,529	-4,399	-3,340	-2,692	-2,939
Interest & Investment Income	769.04	760.58	740.28	441.71	266.18	299.1
Earnings From Equity Investments	5,099	5,842	5,615	4,417	7,222	5,525
Currency Exchange Gain (Loss)	645.82	847.53	146.04	1,375	-207.82	15.2
Other Non Operating Income (Expenses)	-862.81	-225.87	280.44	835.39	578.27	1,003
EBT Excluding Unusual Items	21,754	20,390	17,355	18,097	16,962	13,918
Gain (Loss) on Sale of Investments	1,038	1,035	393.38	-697.66	445.88	509.96
Gain (Loss) on Sale of Assets	-76.27	317.01	-324.77	-531.46	1,004	-915.73
Asset Writedown	2,277	2,222	1,335	281.72	-584.37	2,611
Pretax Income	24,993	23,964	18,758	17,150	17,827	16,123
Income Tax Expense	5,230	5,000	3,439	3,803	2,983	3,143
Earnings From Continuing Operations	19,763	18,964	15,319	13,347	14,844	12,981
Minority Interest in Earnings	-8,990	-8,932	-7,090	-5,181	-5,160	-4,918
Net Income	10,772	10,032	8,229	8,166	9,685	8,063
Net Income to Common	10,772	10,032	8,229	8,166	9,685	8,063
Net Income Growth	28.87%	21.91%	0.78%	-15.68%	20.12%	-24.88%
Shares Outstanding (Basic)	5,031	5,022	5,003	5,001	4,987	4,985
Shares Outstanding (Diluted)	5,045	5,035	5,013	5,012	5,001	4,999
Shares Change (YoY)	0.63%	0.45%	0.01%	0.23%	0.04%	-0.31%
EPS (Basic)	2.14	2.00	1.64	1.63	1.94	1.62
EPS (Diluted)	2.13	1.99	1.64	1.63	1.94	1.61
EPS Growth	28.25%	21.34%	0.61%	-15.98%	20.50%	-24.77%
Free Cash Flow	27,282	29,002	24,456	15,641	16,204	22,157
Free Cash Flow Per Share	5.41	5.76	4.88	3.12	3.24	4.43
Dividend Per Share	1.600	1.600	1.350	1.350	1.500	1.350
Dividend Growth	18.52%	18.52%	-	-10.00%	11.11%	-10.00%
Gross Margin	20.95%	19.91%	18.30%	18.96%	19.50%	19.54%
Operating Margin	7.69%	6.53%	5.82%	5.44%	4.94%	4.84%
Profit Margin	4.00%	3.70%	3.20%	3.09%	4.06%	3.90%
Free Cash Flow Margin	10.13%	10.70%	9.51%	5.93%	6.78%	10.72%
EBITDA	45,323	42,358	37,556	36,683	33,935	30,350
EBITDA Margin	16.83%	15.63%	14.60%	13.90%	14.21%	14.68%
D&A For EBITDA	24,621	24,663	22,583	22,315	22,140	20,334
EBIT	20,702	17,694	14,973	14,368	11,795	10,016
EBIT Margin	7.69%	6.53%	5.82%	5.44%	4.94%	4.84%
Effective Tax Rate	20.93%	20.87%	18.33%	22.17%	16.73%	19.49%
Revenue as Reported	269,260	270,954	257,204	263,945	238,806	206,769

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.