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

Hung Sheng Construction 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	3,579	2,108	2,553	6,968	3,876	2,772
Revenue Growth (YoY)	111.55%	-17.45%	-63.36%	79.79%	39.82%	-53.11%
Cost of Revenue	2,102	1,126	1,402	3,969	2,218	1,546
Gross Profit	1,477	981.3	1,151	2,999	1,658	1,226
Selling, General & Admin	537.69	468.51	477.57	776.08	607.36	496.21
Operating Expenses	537.69	468.51	474.53	824.45	623.56	496.21
Operating Income	939.21	512.79	676.46	2,175	1,034	729.88
Interest Expense	-269.9	-260.37	-181.18	-193.33	-196.83	-200.11
Interest & Investment Income	16.99	16.94	16.98	20.58	16.51	33.55
Earnings From Equity Investments	39.38	44.58	84.32	-3.71	22.4	7.41
Currency Exchange Gain (Loss)	0.09	0.07	0	0	-0	-0.01
Other Non Operating Income (Expenses)	2.44	1.4	2.16	19.06	8.11	25.92
EBT Excluding Unusual Items	728.21	315.41	598.74	2,018	884.62	596.64
Gain (Loss) on Sale of Investments	13.37	13.6	2.39	12.44	-8.71	13.86
Gain (Loss) on Sale of Assets	-	-0.07	-	-	-	-
Other Unusual Items	1.15	1.02	2.27	2.86	5.36	46.72
Pretax Income	742.73	329.96	603.4	2,033	881.27	657.22
Income Tax Expense	16.46	32.1	82.53	67.68	37.27	47.15
Earnings From Continuing Operations	726.27	297.86	520.87	1,965	844	610.07
Net Income	726.27	297.86	520.87	1,965	844	610.07
Net Income to Common	726.27	297.86	520.87	1,965	844	610.07
Net Income Growth	232.76%	-42.82%	-73.50%	132.85%	38.35%	-54.40%
Shares Outstanding (Basic)	473	473	473	473	473	436
Shares Outstanding (Diluted)	473	473	473	473	473	436
Shares Change (YoY)	-0.01%	-0.03%	-0.05%	0.06%	8.49%	-7.79%
EPS (Basic)	1.54	0.63	1.10	4.15	1.78	1.40
EPS (Diluted)	1.54	0.63	1.10	4.15	1.78	1.40
EPS Growth	234.02%	-42.75%	-73.49%	133.15%	27.22%	-50.53%
Free Cash Flow	1,812	395.18	-145.45	4,474	977.46	-4,357
Free Cash Flow Per Share	3.83	0.83	-0.31	9.45	2.07	-9.99
Dividend Per Share	1.000	1.000	1.000	1.750	1.200	1.000
Dividend Growth	-	-	-42.86%	45.83%	20.00%	60.00%
Gross Margin	41.26%	46.56%	45.08%	43.05%	42.78%	44.23%
Operating Margin	26.24%	24.33%	26.50%	31.21%	26.69%	26.33%
Profit Margin	20.29%	14.13%	20.40%	28.20%	21.78%	22.01%
Free Cash Flow Margin	50.62%	18.75%	-5.70%	64.21%	25.22%	-157.18%
EBITDA	1,012	585.34	749.19	2,240	1,088	782.51
EBITDA Margin	28.27%	27.77%	29.34%	32.15%	28.07%	28.23%
D&A For EBITDA	72.71	72.55	72.73	65.27	53.42	52.63
EBIT	939.21	512.79	676.46	2,175	1,034	729.88
EBIT Margin	26.24%	24.33%	26.50%	31.21%	26.69%	26.33%
Effective Tax Rate	2.22%	9.73%	13.68%	3.33%	4.23%	7.17%
Revenue as Reported	3,579	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.