China Ecotek Corporation (TPE:1535)

China Ecotek 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	10,724	10,859	9,759	8,844	8,485	8,836
Revenue Growth (YoY)	3.55%	11.27%	10.35%	4.24%	-3.98%	-5.15%
Cost of Revenue	9,714	9,852	8,787	8,031	7,764	8,318
Gross Profit	1,011	1,007	972.75	812.86	720.49	518.35
Selling, General & Admin	534.43	523.35	495.98	464.56	447.78	429.21
Research & Development	8.22	8.22	12.12	14.79	16.88	10.03
Other Operating Expenses	-4.44	-3.49	-1.37	0.12	13.53	14.39
Operating Expenses	538.21	527.04	507.79	480.23	478.18	453.63
Operating Income	472.65	480.12	464.96	332.63	242.31	64.72
Interest Expense	-0.49	-1.24	-1.19	-0.81	-0.84	-1.79
Interest & Investment Income	90.73	94.18	92.39	73.74	75.65	80.71
Earnings From Equity Investments	43.85	58.56	128.15	111.89	144.94	95.77
Currency Exchange Gain (Loss)	1.46	2.1	0.51	1.8	-2.79	-3.22
Other Non Operating Income (Expenses)	-5.01	11.21	13.15	7.08	1.77	2.33
EBT Excluding Unusual Items	603.19	644.92	697.96	526.31	461.04	238.53
Gain (Loss) on Sale of Investments	6.26	-19.66	-12.1	85.59	21.8	0.94
Pretax Income	609.45	625.27	685.86	611.9	482.84	239.46
Income Tax Expense	117.99	123.37	128.97	91.38	78.96	42.03
Net Income	491.46	501.89	556.89	520.52	403.88	197.44
Net Income to Common	491.46	501.89	556.89	520.52	403.88	197.44
Net Income Growth	-12.43%	-9.88%	6.99%	28.88%	104.56%	55.63%
Shares Outstanding (Basic)	124	124	124	124	124	124
Shares Outstanding (Diluted)	124	124	124	124	124	124
Shares Change (YoY)	-0.07%	-0.09%	-0.15%	0.12%	0.23%	0.09%
EPS (Basic)	3.97	4.06	4.50	4.21	3.26	1.60
EPS (Diluted)	3.96	4.04	4.48	4.18	3.25	1.59
EPS Growth	-12.20%	-9.82%	7.18%	28.62%	104.40%	55.88%
Free Cash Flow	90.72	974.66	-614.46	-136.51	-272.41	1,271
Free Cash Flow Per Share	0.73	7.85	-4.95	-1.10	-2.19	10.25
Dividend Per Share	3.000	3.000	3.300	3.000	2.600	1.350
Dividend Growth	-9.09%	-9.09%	10.00%	15.38%	92.59%	12.50%
Gross Margin	9.43%	9.28%	9.97%	9.19%	8.49%	5.87%
Operating Margin	4.41%	4.42%	4.76%	3.76%	2.86%	0.73%
Profit Margin	4.58%	4.62%	5.71%	5.89%	4.76%	2.23%
Free Cash Flow Margin	0.85%	8.98%	-6.30%	-1.54%	-3.21%	14.38%
EBITDA	515.36	519.24	492.12	357.03	265.88	88.91
EBITDA Margin	4.81%	4.78%	5.04%	4.04%	3.13%	1.01%
D&A For EBITDA	42.71	39.12	27.16	24.39	23.57	24.18
EBIT	472.65	480.12	464.96	332.63	242.31	64.72
EBIT Margin	4.41%	4.42%	4.76%	3.76%	2.86%	0.73%
Effective Tax Rate	19.36%	19.73%	18.80%	14.93%	16.35%	17.55%
Revenue as Reported	10,724	10,859	9,759	8,844	8,485	8,836

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.