Taiwan Sanyo Electric Co.,Ltd. (TPE: 1614)

Taiwan Sanyo Electric Co.,Ltd. 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	5,502	5,756	6,143	5,797	5,488	5,202
Revenue Growth (YoY)	-7.93%	-6.31%	5.97%	5.63%	5.51%	4.74%
Cost of Revenue	4,425	4,536	4,977	4,556	4,320	4,203
Gross Profit	1,077	1,220	1,166	1,241	1,168	998.74
Selling, General & Admin	760.59	771.66	745.87	726.11	689.51	661.06
Research & Development	74.84	73.83	69.61	69.26	68.36	70.92
Operating Expenses	837.83	844.82	815.02	795.37	757.86	731.98
Operating Income	239.27	375.05	351.47	445.59	410.14	266.76
Interest Expense	-1.91	-1.86	-1.74	-1.38	-1.47	-2.48
Interest & Investment Income	10.84	10.65	11.77	5.91	5.05	4.68
Currency Exchange Gain (Loss)	-0.95	-0.95	-7.16	9.27	8.89	2.44
Other Non Operating Income (Expenses)	2.19	0.03	4.11	4.01	11.24	6.35
EBT Excluding Unusual Items	249.44	382.91	358.44	463.4	433.86	277.75
Gain (Loss) on Sale of Investments	6.22	6.22	0.6	0.79	1.86	2.29
Gain (Loss) on Sale of Assets	0.23	0.23	1.63	1.2	0.08	2.56
Other Unusual Items	0.03	0.03	0.01	-	-	-
Pretax Income	255.92	389.39	360.67	465.38	435.8	282.61
Income Tax Expense	54.17	65.51	65.79	94.94	80.2	33.02
Earnings From Continuing Operations	201.75	323.88	294.89	370.44	355.61	249.59
Minority Interest in Earnings	-1.36	-2.21	-3.27	-2.72	-3.31	-2.55
Net Income	200.4	321.67	291.62	367.72	352.29	247.05
Net Income to Common	200.4	321.67	291.62	367.72	352.29	247.05
Net Income Growth	-34.92%	10.30%	-20.69%	4.38%	42.60%	22.71%
Shares Outstanding (Basic)	259	259	259	259	259	259
Shares Outstanding (Diluted)	260	260	260	260	260	260
Shares Change (YoY)	0.17%	0.24%	-0.18%	0.06%	0.13%	-0.05%
EPS (Basic)	0.77	1.24	1.13	1.42	1.36	0.95
EPS (Diluted)	0.77	1.24	1.12	1.41	1.35	0.95
EPS Growth	-34.67%	10.71%	-20.57%	4.44%	42.11%	23.38%
Free Cash Flow	601.32	689.12	-137.8	343.71	644.74	199.95
Free Cash Flow Per Share	2.31	2.65	-0.53	1.32	2.48	0.77
Dividend Per Share	1.073	1.073	0.990	1.230	0.950	0.830
Dividend Growth	8.38%	8.38%	-19.51%	29.47%	14.46%	-7.78%
Gross Margin	19.58%	21.19%	18.99%	21.41%	21.28%	19.20%
Operating Margin	4.35%	6.52%	5.72%	7.69%	7.47%	5.13%
Profit Margin	3.64%	5.59%	4.75%	6.34%	6.42%	4.75%
Free Cash Flow Margin	10.93%	11.97%	-2.24%	5.93%	11.75%	3.84%
EBITDA	360.3	495.85	466.7	559.86	553.16	410.46
EBITDA Margin	6.55%	8.62%	7.60%	9.66%	10.08%	7.89%
D&A For EBITDA	121.04	120.8	115.23	114.27	143.02	143.7
EBIT	239.27	375.05	351.47	445.59	410.14	266.76
EBIT Margin	4.35%	6.52%	5.72%	7.69%	7.47%	5.13%
Effective Tax Rate	21.17%	16.82%	18.24%	20.40%	18.40%	11.68%

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