Lite-On Technology Corporation (TPE: 2301)

Lite-On Technology 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	135,744	148,333	173,456	164,828	157,134	177,954
Revenue	135,744	148,333	173,456	164,828	157,134	177,954
Revenue Growth (YoY)	-12.15%	-14.48%	5.23%	4.90%	-11.70%	-14.08%
Cost of Revenue	106,121	115,665	140,194	134,330	129,750	150,617
Gross Profit	29,622	32,668	33,262	30,498	27,384	27,338
Selling, General & Admin	9,195	10,269	10,714	9,486	11,166	11,932
Research & Development	7,782	8,126	7,441	6,113	5,049	6,083
Operating Expenses	16,768	18,152	18,190	17,455	17,178	17,992
Operating Income	12,855	14,516	15,073	13,042	10,206	9,345
Interest Expense	-1,498	-1,501	-742.74	-222.26	-351.37	-844.17
Interest & Investment Income	3,063	2,854	1,222	734.64	1,418	1,917
Earnings From Equity Investments	1.68	0.73	-6.11	74.38	385.51	60.07
Currency Exchange Gain (Loss)	127.62	194.16	-1,895	377.48	635.34	666.58
Other Non Operating Income (Expenses)	2,710	3,352	4,188	4,883	1,740	1,608
EBT Excluding Unusual Items	17,259	19,416	17,838	18,890	14,034	12,752
Impairment of Goodwill	-811.31	-811.31	-	-1,181	-1,018	-
Gain (Loss) on Sale of Investments	-9.9	-9.9	-6.49	58.19	-116.86	0.26
Gain (Loss) on Sale of Assets	60.02	-18.26	15.79	-126.48	4.24	-30.47
Asset Writedown	-499.51	-211.14	-2	-8.26	-301.22	-358.14
Pretax Income	15,999	18,366	17,846	17,632	12,602	12,364
Income Tax Expense	3,631	3,767	3,658	3,703	2,773	2,958
Earnings From Continuing Operations	12,367	14,599	14,187	13,929	9,829	9,406
Minority Interest in Earnings	-14.77	-28.17	-36.39	-42.93	186.83	-30.62
Net Income	12,353	14,571	14,151	13,887	10,016	9,375
Net Income to Common	12,353	14,571	14,151	13,887	10,016	9,375
Net Income Growth	-17.42%	2.97%	1.90%	38.64%	6.84%	17.82%
Shares Outstanding (Basic)	2,292	2,289	2,285	2,311	2,324	2,324
Shares Outstanding (Diluted)	2,319	2,318	2,320	2,344	2,356	2,355
Shares Change (YoY)	-0.07%	-0.10%	-1.03%	-0.49%	0.05%	0.13%
EPS (Basic)	5.39	6.36	6.19	6.01	4.31	4.03
EPS (Diluted)	5.33	6.29	6.10	5.92	4.25	3.98
EPS Growth	-17.19%	3.11%	3.04%	39.29%	6.78%	17.75%
Free Cash Flow	12,552	23,563	20,908	8,421	14,185	14,588
Free Cash Flow Per Share	5.41	10.16	9.01	3.59	6.02	6.19
Dividend Per Share	4.500	4.500	4.500	4.500	3.400	3.200
Dividend Growth	-10.00%	0%	0%	32.35%	6.25%	9.59%
Gross Margin	21.82%	22.02%	19.18%	18.50%	17.43%	15.36%
Operating Margin	9.47%	9.79%	8.69%	7.91%	6.50%	5.25%
Profit Margin	9.10%	9.82%	8.16%	8.42%	6.37%	5.27%
Free Cash Flow Margin	9.25%	15.88%	12.05%	5.11%	9.03%	8.20%
EBITDA	16,311	18,218	18,986	16,667	12,897	13,337
EBITDA Margin	12.02%	12.28%	10.95%	10.11%	8.21%	7.49%
D&A For EBITDA	3,457	3,702	3,913	3,624	2,691	3,992
EBIT	12,855	14,516	15,073	13,042	10,206	9,345
EBIT Margin	9.47%	9.79%	8.69%	7.91%	6.50%	5.25%
Effective Tax Rate	22.70%	20.51%	20.50%	21.00%	22.00%	23.93%
Revenue as Reported	148,333	148,333	173,456	164,828	157,134	177,954

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