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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	406,966	401,227	384,443	314,671	282,605	268,131
Revenue Growth (YoY)	0.02%	4.37%	22.17%	11.35%	5.40%	13.13%
Cost of Revenue	275,117	284,013	273,671	224,461	195,393	193,635
Gross Profit	131,849	117,213	110,773	90,209	87,212	74,496
Selling, General & Admin	43,999	40,088	37,430	31,820	30,451	31,256
Research & Development	40,338	36,048	31,770	27,202	25,480	23,888
Operating Expenses	84,528	76,271	69,333	58,869	55,787	55,141
Operating Income	47,321	40,942	41,439	31,340	31,426	19,355
Interest Expense	-1,439	-1,171	-571.44	-295.16	-375.84	-731.75
Interest & Investment Income	3,627	2,284	901.23	725.21	734.32	1,169
Earnings From Equity Investments	-64.64	8.28	31.13	-0.26	-59.6	141.88
Currency Exchange Gain (Loss)	-1,379	1,275	583.79	1,203	399.07	454.69
Other Non Operating Income (Expenses)	3,683	3,720	2,827	3,122	3,116	2,730
EBT Excluding Unusual Items	51,749	47,059	45,211	36,095	35,240	23,119
Impairment of Goodwill	-	-	-	-	-801.71	-
Gain (Loss) on Sale of Investments	3,186	2,099	845.84	90.11	-95.65	6,002
Gain (Loss) on Sale of Assets	-176.17	-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	54,440	48,642	46,065	35,628	34,275	29,154
Income Tax Expense	11,015	9,762	9,075	7,128	6,891	5,227
Earnings From Continuing Operations	43,425	38,880	36,991	28,499	27,384	23,928
Net Income to Company	43,425	38,880	36,991	28,499	27,384	23,928
Minority Interest in Earnings	-6,400	-5,488	-4,325	-1,703	-1,899	-809.96
Net Income	37,024	33,393	32,666	26,796	25,485	23,118
Net Income to Common	37,024	33,393	32,666	26,796	25,485	23,118
Net Income Growth	14.52%	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)	0.04%	-0.03%	0.07%	-0.05%	-0.08%	-0.08%
EPS (Basic)	14.25	12.86	12.58	10.32	9.81	8.90
EPS (Diluted)	14.19	12.80	12.52	10.27	9.77	8.85
EPS Growth	14.43%	2.24%	21.91%	5.12%	10.40%	27.16%
Free Cash Flow	47,859	43,257	24,705	5,292	29,114	27,687
Free Cash Flow Per Share	18.34	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	32.40%	29.21%	28.81%	28.67%	30.86%	27.78%
Operating Margin	11.63%	10.20%	10.78%	9.96%	11.12%	7.22%
Profit Margin	9.10%	8.32%	8.50%	8.52%	9.02%	8.62%
Free Cash Flow Margin	11.76%	10.78%	6.43%	1.68%	10.30%	10.33%
EBITDA	70,492	61,706	59,693	47,881	46,656	32,716
EBITDA Margin	17.32%	15.38%	15.53%	15.22%	16.51%	12.20%
D&A For EBITDA	23,171	20,765	18,254	16,541	15,230	13,360
EBIT	47,321	40,942	41,439	31,340	31,426	19,355
EBIT Margin	11.63%	10.20%	10.78%	9.96%	11.12%	7.22%
Effective Tax Rate	20.23%	20.07%	19.70%	20.01%	20.10%	17.93%

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