Ho Tung Chemical Corp. (TPE:1714)

Ho Tung Chemical 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	21,347	20,619	20,292	22,644	20,211	25,849
Revenue Growth (YoY)	8.36%	1.61%	-10.39%	12.04%	-21.81%	-5.87%
Cost of Revenue	19,375	18,700	18,376	20,583	17,123	19,843
Gross Profit	1,972	1,920	1,916	2,061	3,088	6,006
Selling, General & Admin	1,163	1,170	1,077	1,175	1,240	1,580
Research & Development	75.88	73.83	70.19	89.63	75.24	66.75
Other Operating Expenses	-	-	-	-0.25	-1.68	0.41
Operating Expenses	1,236	1,010	1,146	1,265	1,306	2,373
Operating Income	736.26	909.74	770.01	796.93	1,782	3,633
Interest Expense	-77.79	-79.95	-89.82	-91.89	-115.99	-235.17
Interest & Investment Income	225.53	230.21	312.2	144.12	145.01	85.7
Earnings From Equity Investments	11.34	13.31	22.66	23.06	10.75	1.26
Currency Exchange Gain (Loss)	29.18	55.02	10.39	5.93	-11.28	10.07
Other Non Operating Income (Expenses)	-85.12	-86.78	45.5	25.92	304.73	84.82
EBT Excluding Unusual Items	839.4	1,042	1,071	904.07	2,115	3,580
Gain (Loss) on Sale of Investments	0.01	-0.03	0.01	-0.37	3.79	9.12
Gain (Loss) on Sale of Assets	18.93	37.36	-12.43	-3.82	-128.42	-4.5
Asset Writedown	-18.53	-18.53	-7.75	0.04	-0.3	-508.87
Other Unusual Items	-	-	-	-	0.31	-65.62
Pretax Income	839.8	1,060	1,051	899.93	1,991	3,010
Income Tax Expense	327.39	343.28	179.5	257.36	531.33	610.48
Earnings From Continuing Operations	512.41	717.07	871.28	642.57	1,460	2,400
Minority Interest in Earnings	-302.01	-301.6	-272.22	-272.34	-736.8	-713.12
Net Income	210.4	415.46	599.06	370.23	722.75	1,686
Net Income to Common	210.4	415.46	599.06	370.23	722.75	1,686
Net Income Growth	-71.77%	-30.65%	61.81%	-48.77%	-57.14%	9363.70%
Shares Outstanding (Basic)	1,007	1,007	1,007	1,005	1,003	1,003
Shares Outstanding (Diluted)	1,008	1,008	1,008	1,005	1,004	1,005
Shares Change (YoY)	-0.06%	0.01%	0.27%	0.12%	-0.08%	0.16%
EPS (Basic)	0.21	0.41	0.60	0.37	0.72	1.68
EPS (Diluted)	0.20	0.41	0.59	0.37	0.72	1.68
EPS Growth	-72.99%	-30.51%	60.10%	-48.82%	-57.14%	9357.86%
Free Cash Flow	687.1	1,157	1,236	-236.9	1,737	5,981
Free Cash Flow Per Share	0.68	1.15	1.23	-0.24	1.73	5.95
Dividend Per Share	0.200	0.200	0.300	0.100	0.420	0.700
Dividend Growth	-33.33%	-33.33%	200.00%	-76.19%	-40.00%	-
Gross Margin	9.24%	9.31%	9.44%	9.10%	15.28%	23.23%
Operating Margin	3.45%	4.41%	3.79%	3.52%	8.82%	14.06%
Profit Margin	0.99%	2.02%	2.95%	1.64%	3.58%	6.52%
Free Cash Flow Margin	3.22%	5.61%	6.09%	-1.05%	8.59%	23.14%
EBITDA	1,259	1,431	1,275	1,259	2,216	4,147
EBITDA Margin	5.90%	6.94%	6.28%	5.56%	10.96%	16.04%
D&A For EBITDA	522.66	521.1	504.5	462.47	433.64	513.85
EBIT	736.26	909.74	770.01	796.93	1,782	3,633
EBIT Margin	3.45%	4.41%	3.79%	3.52%	8.82%	14.06%
Effective Tax Rate	38.98%	32.37%	17.08%	28.60%	26.69%	20.28%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.