Sunonwealth Electric Machine Industry Co., Ltd. (TPE:2421)

TPE:2421 Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	15,726	14,624	12,915	14,063	13,562	12,781
Revenue Growth (YoY)	21.91%	13.23%	-8.17%	3.70%	6.11%	9.62%
Cost of Revenue	11,151	10,467	9,313	10,892	11,026	9,783
Gross Profit	4,575	4,157	3,601	3,171	2,536	2,998
Selling, General & Admin	1,704	1,584	1,272	1,270	1,259	1,062
Research & Development	949	892.63	799.28	781.33	814.19	823.31
Operating Expenses	2,658	2,480	2,071	2,049	2,073	1,884
Operating Income	1,917	1,677	1,530	1,122	463.67	1,114
Interest Expense	-41.14	-37.32	-47	-44.4	-28.16	-22.1
Interest & Investment Income	130.07	132.18	95.78	14.59	13.95	15.33
Earnings From Equity Investments	-6.29	-6.59	1.48	-1.4	-4.13	-1.78
Currency Exchange Gain (Loss)	89.82	89.82	54.05	175.79	-14.98	-48.4
Other Non Operating Income (Expenses)	54.69	125	111.83	158.96	158.5	116.58
EBT Excluding Unusual Items	2,144	1,980	1,747	1,425	588.85	1,174
Gain (Loss) on Sale of Investments	12.92	12.92	10.04	2.64	3.89	5.91
Gain (Loss) on Sale of Assets	-10.95	-10.95	-4.95	-2.2	-12.42	-91.34
Asset Writedown	-	-	-	-	4.91	-
Pretax Income	2,146	1,982	1,752	1,426	585.23	1,088
Income Tax Expense	508.63	489.64	417.65	336.78	155.98	236.75
Earnings From Continuing Operations	1,638	1,492	1,334	1,089	429.25	851.65
Net Income	1,638	1,492	1,334	1,089	429.25	851.65
Net Income to Common	1,638	1,492	1,334	1,089	429.25	851.65
Net Income Growth	18.48%	11.86%	22.48%	153.72%	-49.60%	25.09%
Shares Outstanding (Basic)	273	273	258	251	251	251
Shares Outstanding (Diluted)	274	274	264	252	251	251
Shares Change (YoY)	1.76%	3.93%	4.71%	0.18%	-0.06%	0.02%
EPS (Basic)	6.00	5.46	5.16	4.34	1.71	3.39
EPS (Diluted)	5.98	5.45	5.07	4.33	1.71	3.39
EPS Growth	16.10%	7.40%	17.19%	153.22%	-49.56%	25.09%
Free Cash Flow	1,376	1,169	1,877	1,764	-252.98	1,180
Free Cash Flow Per Share	5.02	4.27	7.12	7.01	-1.01	4.69
Dividend Per Share	3.700	3.700	3.500	2.600	1.200	2.400
Dividend Growth	5.71%	5.71%	34.62%	116.67%	-50.00%	20.00%
Gross Margin	29.09%	28.42%	27.89%	22.55%	18.70%	23.46%
Operating Margin	12.19%	11.46%	11.85%	7.98%	3.42%	8.72%
Profit Margin	10.42%	10.20%	10.33%	7.74%	3.16%	6.66%
Free Cash Flow Margin	8.75%	7.99%	14.54%	12.54%	-1.86%	9.23%
EBITDA	2,305	2,055	1,951	1,523	843.78	1,456
EBITDA Margin	14.66%	14.05%	15.10%	10.83%	6.22%	11.39%
D&A For EBITDA	387.59	378.26	420.22	400.75	380.11	342.12
EBIT	1,917	1,677	1,530	1,122	463.67	1,114
EBIT Margin	12.19%	11.46%	11.85%	7.98%	3.42%	8.72%
Effective Tax Rate	23.70%	24.71%	23.84%	23.62%	26.65%	21.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.