Ta Ya Electric Wire & Cable Co., Ltd. (TPE:1609)

TPE:1609 Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	30,085	26,436	26,749	27,458	18,301
Revenue Growth (YoY)	13.80%	-1.17%	-2.58%	50.04%	0.81%
Cost of Revenue	25,967	22,961	24,572	24,656	16,700
Gross Profit	4,118	3,475	2,177	2,802	1,601
Selling, General & Admin	1,821	1,889	1,276	1,242	1,083
Research & Development	91.24	46.09	55.38	42.45	67.01
Other Operating Expenses	3.97	-0.23	1.76	0.59	-
Operating Expenses	1,903	1,937	1,331	1,295	1,173
Operating Income	2,215	1,538	846.2	1,507	428.27
Interest Expense	-817.92	-665.76	-476.69	-291.97	-216.3
Interest & Investment Income	364.6	157.02	145.61	134.91	139.15
Earnings From Equity Investments	56.51	37.57	53.91	106.21	128.51
Currency Exchange Gain (Loss)	176.67	128.64	-49.35	99.24	142.23
Other Non Operating Income (Expenses)	305.39	806.34	597.82	339.18	389.04
EBT Excluding Unusual Items	2,300	2,002	1,117	1,895	1,011
Impairment of Goodwill	-0.46	-	-	-	-
Gain (Loss) on Sale of Investments	383.61	1,586	89.72	116.17	204.49
Gain (Loss) on Sale of Assets	-57.88	-0.61	14.6	1.14	3.65
Asset Writedown	-40.3	-7.17	-7.23	-12	-0.36
Other Unusual Items	2.03	-	-	-	-
Pretax Income	2,587	3,580	1,215	2,000	1,219
Income Tax Expense	554.86	449.71	150.07	345.89	184.95
Earnings From Continuing Operations	2,032	3,130	1,065	1,654	1,034
Minority Interest in Earnings	-422.24	-368.31	-223.05	-245.41	-183.68
Net Income	1,610	2,762	841.48	1,409	850.05
Net Income to Common	1,610	2,762	841.48	1,409	850.05
Net Income Growth	-41.72%	228.24%	-40.27%	65.73%	68.31%
Shares Outstanding (Basic)	772	742	718	688	680
Shares Outstanding (Diluted)	781	742	763	693	680
Shares Change (YoY)	5.31%	-2.77%	10.15%	1.89%	-0.66%
EPS (Basic)	2.09	3.72	1.17	2.05	1.25
EPS (Diluted)	2.07	3.72	1.12	2.04	1.25
EPS Growth	-44.34%	232.73%	-45.08%	62.79%	69.44%
Free Cash Flow	-4,703	-704	-3,609	-3,821	-2,368
Free Cash Flow Per Share	-6.02	-0.95	-4.73	-5.52	-3.48
Dividend Per Share	-	1.143	0.472	0.311	0.301
Dividend Growth	-	142.29%	51.43%	3.49%	16.71%
Gross Margin	13.69%	13.15%	8.14%	10.20%	8.75%
Operating Margin	7.36%	5.82%	3.16%	5.49%	2.34%
Profit Margin	5.35%	10.45%	3.15%	5.13%	4.64%
Free Cash Flow Margin	-15.63%	-2.66%	-13.49%	-13.91%	-12.94%
EBITDA	3,175	2,432	1,432	2,071	761.59
EBITDA Margin	10.55%	9.20%	5.36%	7.54%	4.16%
D&A For EBITDA	960.05	893.64	586.23	563.93	333.32
EBIT	2,215	1,538	846.2	1,507	428.27
EBIT Margin	7.36%	5.82%	3.16%	5.49%	2.34%
Effective Tax Rate	21.45%	12.56%	12.35%	17.29%	15.18%

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