Delta Electronics, Inc. (TPE: 2308)

Delta Electronics 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	402,558	401,227	384,443	314,671	282,605	268,131
Revenue Growth (YoY)	-0.68%	4.37%	22.17%	11.35%	5.40%	13.13%
Cost of Revenue	278,033	284,013	273,671	224,461	195,393	193,635
Gross Profit	124,525	117,213	110,773	90,209	87,212	74,496
Selling, General & Admin	42,293	40,088	37,430	31,820	30,451	31,256
Research & Development	39,135	36,048	31,770	27,202	25,480	23,888
Operating Expenses	81,738	76,271	69,333	58,869	55,787	55,141
Operating Income	42,787	40,942	41,439	31,340	31,426	19,355
Interest Expense	-1,373	-1,171	-571.44	-295.16	-375.84	-731.75
Interest & Investment Income	3,146	2,284	901.23	725.21	734.32	1,169
Earnings From Equity Investments	-25.63	8.28	31.13	-0.26	-59.6	141.88
Currency Exchange Gain (Loss)	1,125	1,275	583.79	1,203	399.07	454.69
Other Non Operating Income (Expenses)	3,459	3,720	2,827	3,122	3,116	2,730
EBT Excluding Unusual Items	49,119	47,059	45,211	36,095	35,240	23,119
Impairment of Goodwill	-	-	-	-	-801.71	-
Gain (Loss) on Sale of Investments	2,026	2,099	845.84	90.11	-95.65	6,002
Gain (Loss) on Sale of Assets	-290.32	-196.77	426.04	-63.45	-67.53	-56.44
Asset Writedown	-318.92	-318.92	-417.15	-164.9	-	90.22
Other Unusual Items	-	-	-	-329.49	-	-
Pretax Income	50,536	48,642	46,065	35,628	34,275	29,154
Income Tax Expense	10,229	9,762	9,075	7,128	6,891	5,227
Earnings From Continuing Operations	40,307	38,880	36,991	28,499	27,384	23,928
Net Income to Company	40,307	38,880	36,991	28,499	27,384	23,928
Minority Interest in Earnings	-6,260	-5,488	-4,325	-1,703	-1,899	-809.96
Net Income	34,047	33,393	32,666	26,796	25,485	23,118
Net Income to Common	34,047	33,393	32,666	26,796	25,485	23,118
Net Income Growth	0.03%	2.23%	21.90%	5.14%	10.24%	27.07%
Shares Outstanding (Basic)	2,598	2,598	2,598	2,598	2,598	2,598
Shares Outstanding (Diluted)	2,609	2,609	2,610	2,608	2,609	2,611
Shares Change (YoY)	0.01%	-0.03%	0.07%	-0.05%	-0.08%	-0.08%
EPS (Basic)	13.11	12.86	12.58	10.32	9.81	8.90
EPS (Diluted)	13.05	12.80	12.52	10.27	9.77	8.85
EPS Growth	-0.00%	2.24%	21.91%	5.12%	10.40%	27.16%
Free Cash Flow	42,064	43,257	24,705	5,292	29,114	27,687
Free Cash Flow Per Share	16.12	16.58	9.47	2.03	11.16	10.60
Dividend Per Share	6.430	6.430	9.840	5.500	5.500	5.000
Dividend Growth	-34.65%	-34.65%	78.91%	0%	10.00%	0%
Gross Margin	30.93%	29.21%	28.81%	28.67%	30.86%	27.78%
Operating Margin	10.63%	10.20%	10.78%	9.96%	11.12%	7.22%
Profit Margin	8.46%	8.32%	8.50%	8.52%	9.02%	8.62%
Free Cash Flow Margin	10.45%	10.78%	6.43%	1.68%	10.30%	10.33%
EBITDA	65,258	61,706	59,693	47,881	46,656	32,716
EBITDA Margin	16.21%	15.38%	15.53%	15.22%	16.51%	12.20%
D&A For EBITDA	22,470	20,765	18,254	16,541	15,230	13,360
EBIT	42,787	40,942	41,439	31,340	31,426	19,355
EBIT Margin	10.63%	10.20%	10.78%	9.96%	11.12%	7.22%
Effective Tax Rate	20.24%	20.07%	19.70%	20.01%	20.10%	17.93%

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