Hota Industrial Mfg. Co., Ltd. (TPE: 1536)

Hota Industrial Mfg. 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,237	6,599	7,339	6,686	5,211	5,968
Revenue Growth (YoY)	-14.78%	-10.08%	9.76%	28.31%	-12.69%	-16.56%
Cost of Revenue	5,381	5,458	5,644	5,005	4,038	4,296
Gross Profit	856.48	1,141	1,696	1,682	1,173	1,672
Selling, General & Admin	656.71	595.82	1,036	1,112	661.49	700.42
Research & Development	99.26	101.39	105.8	113.81	108.63	144.46
Operating Expenses	766.26	725.51	1,157	1,230	776.21	853.83
Operating Income	90.22	415.59	538.94	451.63	396.61	818.53
Interest Expense	-194.17	-186.86	-125.59	-89.92	-108.29	-90.11
Interest & Investment Income	17.26	14.97	8.42	5.31	8.9	12.75
Earnings From Equity Investments	28.31	20.32	7.84	-0.77	-1.37	-1.24
Currency Exchange Gain (Loss)	122.44	16.68	269.46	-64.91	-80.84	-49.34
Other Non Operating Income (Expenses)	107.55	78.08	70.41	96.77	106.27	51.91
EBT Excluding Unusual Items	171.61	358.78	769.48	398.11	321.28	742.51
Gain (Loss) on Sale of Investments	-7.45	-1.65	-7.81	-	-	2.08
Gain (Loss) on Sale of Assets	35.51	5.47	6.82	5.63	2.49	0.33
Other Unusual Items	-	-	-	0.06	0.28	-
Pretax Income	199.66	362.6	768.5	403.8	324.05	744.92
Income Tax Expense	36.14	37.94	139.43	63.16	38.49	91.87
Earnings From Continuing Operations	163.52	324.66	629.07	340.64	285.56	653.05
Minority Interest in Earnings	-2.21	2.55	-5.12	1.18	0.53	-3.93
Net Income	161.32	327.21	623.96	341.82	286.09	649.12
Net Income to Common	161.32	327.21	623.96	341.82	286.09	649.12
Net Income Growth	-77.24%	-47.56%	82.54%	19.48%	-55.93%	-47.52%
Shares Outstanding (Basic)	280	280	280	277	255	255
Shares Outstanding (Diluted)	280	280	280	277	255	255
Shares Change (YoY)	-0.04%	-0.04%	0.84%	8.91%	-0.16%	-0.04%
EPS (Basic)	0.58	1.17	2.23	1.23	1.12	2.55
EPS (Diluted)	0.57	1.17	2.23	1.23	1.12	2.54
EPS Growth	-77.52%	-47.53%	81.30%	9.82%	-55.91%	-47.63%
Free Cash Flow	342.66	-151.53	-1,546	-1,066	-594.31	-1,929
Free Cash Flow Per Share	1.23	-0.54	-5.52	-3.84	-2.33	-7.56
Dividend Per Share	1.000	1.000	1.600	1.370	1.100	2.000
Dividend Growth	-37.50%	-37.50%	16.79%	24.55%	-45.00%	-42.86%
Gross Margin	13.73%	17.29%	23.10%	25.15%	22.51%	28.02%
Operating Margin	1.45%	6.30%	7.34%	6.75%	7.61%	13.71%
Profit Margin	2.59%	4.96%	8.50%	5.11%	5.49%	10.88%
Free Cash Flow Margin	5.49%	-2.30%	-21.06%	-15.95%	-11.40%	-32.33%
EBITDA	812.59	1,132	1,186	1,017	1,006	1,406
EBITDA Margin	13.03%	17.15%	16.16%	15.22%	19.31%	23.56%
D&A For EBITDA	722.37	715.91	647.09	565.79	609.89	587.66
EBIT	90.22	415.59	538.94	451.63	396.61	818.53
EBIT Margin	1.45%	6.30%	7.34%	6.75%	7.61%	13.71%
Effective Tax Rate	18.10%	10.46%	18.14%	15.64%	11.88%	12.33%

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