Chun Yuan Steel Industry Co., Ltd. (TPE: 2010)

Chun Yuan Steel Industry 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	22,364	21,195	24,498	26,321	19,228	16,735
Revenue Growth (YoY)	2.26%	-13.48%	-6.93%	36.88%	14.90%	-9.59%
Cost of Revenue	20,478	19,430	22,998	23,953	17,883	15,783
Gross Profit	1,886	1,764	1,500	2,367	1,346	951.71
Selling, General & Admin	843.35	842.56	815.07	961.03	791.42	783.94
Operating Expenses	851.7	836.42	803.46	1,005	791.42	787.12
Operating Income	1,035	927.9	696.81	1,362	554.28	164.59
Interest Expense	-87.54	-90.94	-102.48	-63.18	-43.07	-53.38
Interest & Investment Income	26.48	25.46	33.07	21.7	23.09	29.95
Earnings From Equity Investments	88.69	108.95	76.68	50.46	21.63	34.56
Currency Exchange Gain (Loss)	-14.22	5.66	-5.53	10.9	-4.58	9.27
Other Non Operating Income (Expenses)	129.52	132.49	124.67	105.12	116.69	108.52
EBT Excluding Unusual Items	1,178	1,110	823.22	1,487	668.03	293.51
Gain (Loss) on Sale of Investments	18.35	9	-22.29	45.82	2.02	2.78
Gain (Loss) on Sale of Assets	3.11	2.66	-6.74	28.15	13.06	0.21
Other Unusual Items	-	-	-	-	-11.87	-
Pretax Income	1,199	1,121	794.19	1,561	671.24	296.49
Income Tax Expense	262.7	230.45	180.38	315.91	148.84	64.04
Earnings From Continuing Operations	936.4	890.72	613.8	1,245	522.4	232.44
Minority Interest in Earnings	-15.12	-14.93	-0.59	-24.64	-8.48	8.34
Net Income	921.28	875.8	613.22	1,221	513.92	240.78
Net Income to Common	921.28	875.8	613.22	1,221	513.92	240.78
Net Income Growth	53.37%	42.82%	-49.76%	137.51%	113.44%	-3.59%
Shares Outstanding (Basic)	648	648	648	648	648	648
Shares Outstanding (Diluted)	649	649	649	649	649	648
Shares Change (YoY)	0.08%	0.03%	-0.04%	0.05%	0.05%	-0.06%
EPS (Basic)	1.42	1.35	0.95	1.88	0.79	0.37
EPS (Diluted)	1.42	1.35	0.95	1.88	0.79	0.37
EPS Growth	53.09%	42.58%	-49.64%	137.97%	113.51%	-4.05%
Free Cash Flow	3.87	1,568	2,322	-2,901	-32.6	651.67
Free Cash Flow Per Share	0.01	2.42	3.58	-4.47	-0.05	1.01
Dividend Per Share	1.000	1.000	0.600	1.300	0.600	0.300
Dividend Growth	66.67%	66.67%	-53.85%	116.67%	100.00%	-46.43%
Gross Margin	8.43%	8.32%	6.12%	8.99%	7.00%	5.69%
Operating Margin	4.63%	4.38%	2.84%	5.18%	2.88%	0.98%
Profit Margin	4.12%	4.13%	2.50%	4.64%	2.67%	1.44%
Free Cash Flow Margin	0.02%	7.40%	9.48%	-11.02%	-0.17%	3.89%
EBITDA	1,317	1,204	964.57	1,629	829.2	428.68
EBITDA Margin	5.89%	5.68%	3.94%	6.19%	4.31%	2.56%
D&A For EBITDA	282.56	276.43	267.75	266.54	274.93	264.09
EBIT	1,035	927.9	696.81	1,362	554.28	164.59
EBIT Margin	4.63%	4.38%	2.84%	5.18%	2.88%	0.98%
Effective Tax Rate	21.91%	20.55%	22.71%	20.24%	22.17%	21.60%

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