Hwang Chang General Contractor Co., Ltd (TPE:2543)

TPE:2543 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11,143	12,431	11,275	8,448	8,003	6,406
Revenue Growth (YoY)	-12.77%	10.25%	33.46%	5.57%	24.92%	13.97%
Cost of Revenue	8,711	9,446	10,266	8,067	7,931	6,230
Gross Profit	2,432	2,985	1,009	381.2	71.79	176.05
Selling, General & Admin	443.01	401.48	265.79	211.06	174.68	160.62
Operating Expenses	443.01	401.48	265.79	31.06	174.68	96.27
Operating Income	1,988	2,584	742.82	350.13	-102.89	79.78
Interest Expense	-65.47	-63.61	-76.98	-80.09	-67.38	-52.41
Interest & Investment Income	27.95	23.57	23.45	6.38	0.72	1.32
Currency Exchange Gain (Loss)	-2.2	-	-0.09	0.42	-	0.12
Other Non Operating Income (Expenses)	90.01	10.31	6.16	0.11	568.76	2.07
EBT Excluding Unusual Items	2,039	2,554	695.35	276.95	399.2	30.89
Gain (Loss) on Sale of Investments	-	-	-0.1	-	-	-
Gain (Loss) on Sale of Assets	48.66	32.86	6.18	0.51	12.35	0.67
Other Unusual Items	0.02	-	1.19	10.83	4.5	20.11
Pretax Income	2,087	2,587	702.63	288.29	416.05	51.67
Income Tax Expense	415.15	543.17	117.35	15.21	13.79	-
Earnings From Continuing Operations	1,672	2,044	585.28	273.08	402.26	51.67
Minority Interest in Earnings	-19.61	-26.03	-75.25	-30.87	-32.67	-15.97
Net Income	1,653	2,018	510.03	242.2	369.58	35.7
Net Income to Common	1,653	2,018	510.03	242.2	369.58	35.7
Net Income Growth	17.67%	295.63%	110.58%	-34.47%	935.39%	54.73%
Shares Outstanding (Basic)	507	449	402	402	402	402
Shares Outstanding (Diluted)	507	451	403	403	402	402
Shares Change (YoY)	25.01%	11.79%	-0.02%	0.24%	-	-
EPS (Basic)	3.26	4.49	1.27	0.60	0.92	0.09
EPS (Diluted)	3.25	4.48	1.26	0.60	0.92	0.09
EPS Growth	-6.09%	254.04%	110.11%	-34.47%	936.93%	54.50%
Free Cash Flow	-2,962	-2,588	1,973	138.4	452.18	-956.76
Free Cash Flow Per Share	-5.84	-5.74	4.89	0.34	1.12	-2.38
Dividend Per Share	0.202	0.458	0.236	0.177	-	-
Dividend Growth	-59.05%	93.95%	33.37%	-	-	-
Gross Margin	21.82%	24.02%	8.95%	4.51%	0.90%	2.75%
Operating Margin	17.85%	20.79%	6.59%	4.14%	-1.29%	1.24%
Profit Margin	14.83%	16.23%	4.52%	2.87%	4.62%	0.56%
Free Cash Flow Margin	-26.58%	-20.82%	17.50%	1.64%	5.65%	-14.94%
EBITDA	2,577	3,082	1,024	528.35	56.5	202.05
EBITDA Margin	23.13%	24.79%	9.08%	6.25%	0.71%	3.15%
D&A For EBITDA	588.56	497.61	280.96	178.21	159.39	122.27
EBIT	1,988	2,584	742.82	350.13	-102.89	79.78
EBIT Margin	17.85%	20.79%	6.59%	4.14%	-1.29%	1.24%
Effective Tax Rate	19.89%	21.00%	16.70%	5.28%	3.31%	-

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