Hung Sheng Construction Co., Ltd. (TPE:2534)

Hung Sheng Construction Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,108	2,553	6,968	3,876	2,772
Revenue Growth (YoY)	-17.45%	-63.36%	79.79%	39.82%	-53.11%
Cost of Revenue	1,126	1,402	3,969	2,218	1,546
Gross Profit	981.3	1,151	2,999	1,658	1,226
Selling, General & Admin	468.51	477.57	776.08	607.36	496.21
Operating Expenses	468.51	474.53	824.45	623.56	496.21
Operating Income	512.79	676.46	2,175	1,034	729.88
Interest Expense	-260.37	-181.18	-193.33	-196.83	-200.11
Interest & Investment Income	16.94	16.98	20.58	16.51	33.55
Earnings From Equity Investments	44.58	84.32	-3.71	22.4	7.41
Currency Exchange Gain (Loss)	0.07	0	0	-0	-0.01
Other Non Operating Income (Expenses)	1.4	2.16	19.06	8.11	25.92
EBT Excluding Unusual Items	315.41	598.74	2,018	884.62	596.64
Gain (Loss) on Sale of Investments	13.6	2.39	12.44	-8.71	13.86
Gain (Loss) on Sale of Assets	-0.07	-	-	-	-
Other Unusual Items	1.02	2.27	2.86	5.36	46.72
Pretax Income	329.96	603.4	2,033	881.27	657.22
Income Tax Expense	32.1	82.53	67.68	37.27	47.15
Earnings From Continuing Operations	297.86	520.87	1,965	844	610.07
Net Income	297.86	520.87	1,965	844	610.07
Net Income to Common	297.86	520.87	1,965	844	610.07
Net Income Growth	-42.82%	-73.50%	132.85%	38.35%	-54.40%
Shares Outstanding (Basic)	473	473	473	473	436
Shares Outstanding (Diluted)	473	473	473	473	436
Shares Change (YoY)	-0.03%	-0.05%	0.06%	8.49%	-7.79%
EPS (Basic)	0.63	1.10	4.15	1.78	1.40
EPS (Diluted)	0.63	1.10	4.15	1.78	1.40
EPS Growth	-42.75%	-73.49%	133.15%	27.22%	-50.53%
Free Cash Flow	395.18	-145.45	4,474	977.46	-4,357
Free Cash Flow Per Share	0.83	-0.31	9.45	2.07	-9.99
Dividend Per Share	1.000	1.000	1.750	1.200	1.000
Dividend Growth	-	-42.86%	45.83%	20.00%	60.00%
Gross Margin	46.56%	45.08%	43.05%	42.78%	44.23%
Operating Margin	24.33%	26.50%	31.21%	26.69%	26.33%
Profit Margin	14.13%	20.40%	28.20%	21.78%	22.01%
Free Cash Flow Margin	18.75%	-5.70%	64.21%	25.22%	-157.18%
EBITDA	585.34	749.19	2,240	1,088	782.51
EBITDA Margin	27.77%	29.34%	32.15%	28.07%	28.23%
D&A For EBITDA	72.55	72.73	65.27	53.42	52.63
EBIT	512.79	676.46	2,175	1,034	729.88
EBIT Margin	24.33%	26.50%	31.21%	26.69%	26.33%
Effective Tax Rate	9.73%	13.68%	3.33%	4.23%	7.17%
Revenue as Reported	2,108	2,553	6,968	3,876	2,772
Advertising Expenses	27.92	41.29	-	-	-

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.