Shiny Chemical Industrial Co., Ltd. (TPE: 1773)

Shiny Chemical Industrial 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	10,364	9,853	11,345	11,144	7,778	7,508
Revenue Growth (YoY)	2.89%	-13.15%	1.81%	43.27%	3.60%	-6.55%
Cost of Revenue	6,978	6,697	7,964	8,011	5,457	5,651
Gross Profit	3,386	3,156	3,381	3,133	2,322	1,857
Selling, General & Admin	1,131	1,047	1,027	980.43	735	691.41
Research & Development	293.94	269.22	260.88	243.47	201.96	166.43
Other Operating Expenses	-	-	-	0.58	9.26	-
Operating Expenses	1,424	1,315	1,284	1,224	946.22	867.81
Operating Income	1,962	1,841	2,096	1,908	1,375	989.22
Interest Expense	-40.85	-18.52	-3.31	-2.23	-2.16	-4.56
Interest & Investment Income	7.13	11.73	11.99	8.53	0.34	8.5
Earnings From Equity Investments	56.02	57.5	94.63	69.01	59.33	56.01
Currency Exchange Gain (Loss)	2.82	-5.56	19.04	0.31	5.24	1.66
Other Non Operating Income (Expenses)	49.02	40	27.01	17.24	13.39	33.23
EBT Excluding Unusual Items	2,036	1,926	2,246	2,001	1,452	1,084
Gain (Loss) on Sale of Assets	0.07	-0.43	1.43	1.79	0.6	-1.33
Other Unusual Items	-	-	-	-	0.03	2.77
Pretax Income	2,036	1,925	2,247	2,003	1,452	1,086
Income Tax Expense	373.61	346.9	421.88	385.96	278.14	200.64
Net Income	1,662	1,578	1,825	1,617	1,174	884.87
Net Income to Common	1,662	1,578	1,825	1,617	1,174	884.87
Net Income Growth	1.54%	-13.52%	12.90%	37.72%	32.68%	-4.87%
Shares Outstanding (Basic)	250	250	250	250	250	250
Shares Outstanding (Diluted)	251	251	252	251	252	252
Shares Change (YoY)	-0.15%	-0.12%	0.09%	-0.04%	-0.18%	-0.24%
EPS (Basic)	6.65	6.31	7.30	6.47	4.70	3.54
EPS (Diluted)	6.62	6.28	7.25	6.43	4.66	3.51
EPS Growth	1.79%	-13.38%	12.75%	37.86%	32.74%	-4.63%
Free Cash Flow	821.86	202.11	-271.63	-517.95	568.61	-323.54
Free Cash Flow Per Share	3.27	0.80	-1.08	-2.06	2.26	-1.28
Dividend Per Share	3.200	3.200	3.600	2.400	2.513	1.320
Dividend Growth	-11.11%	-11.11%	50.00%	-4.49%	90.36%	-56.00%
Gross Margin	32.67%	32.03%	29.80%	28.11%	29.85%	24.73%
Operating Margin	18.93%	18.68%	18.48%	17.12%	17.68%	13.18%
Profit Margin	16.04%	16.02%	16.09%	14.51%	15.09%	11.79%
Free Cash Flow Margin	7.93%	2.05%	-2.39%	-4.65%	7.31%	-4.31%
EBITDA	2,554	2,334	2,477	2,214	1,659	1,234
EBITDA Margin	24.64%	23.69%	21.83%	19.86%	21.33%	16.43%
D&A For EBITDA	592.24	493.53	380.4	305.4	283.63	244.32
EBIT	1,962	1,841	2,096	1,908	1,375	989.22
EBIT Margin	18.93%	18.68%	18.48%	17.12%	17.68%	13.18%
Effective Tax Rate	18.35%	18.02%	18.77%	19.27%	19.15%	18.48%

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