Evergreen Marine Corporation (Taiwan) Ltd. (TPE: 2603)

Evergreen Marine Corporation (Taiwan) 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	417,447	276,715	627,284	489,407	207,078	190,589
Revenue Growth (YoY)	31.25%	-55.89%	28.17%	136.34%	8.65%	12.62%
Cost of Revenue	273,343	226,806	228,841	187,412	161,591	176,072
Gross Profit	144,104	49,909	398,442	301,995	45,487	14,518
Selling, General & Admin	17,538	16,804	24,763	17,313	10,881	10,289
Other Operating Expenses	-20.94	-20.99	-7.76	60.32	-1.91	-37.4
Operating Expenses	17,501	16,793	24,757	17,371	10,873	10,235
Operating Income	126,603	33,116	373,686	284,624	34,614	4,282
Interest Expense	-5,220	-4,949	-3,255	-3,237	-4,537	-5,676
Interest & Investment Income	10,674	14,427	6,533	492.86	442.36	862.11
Earnings From Equity Investments	3,636	5,981	9,035	5,727	451.33	667.06
Currency Exchange Gain (Loss)	2,861	2,152	12,402	307.2	601.3	217.6
Other Non Operating Income (Expenses)	610.34	337.88	-137.9	55.95	135.11	42.16
EBT Excluding Unusual Items	139,165	51,065	398,262	287,970	31,708	395.42
Gain (Loss) on Sale of Investments	-749.84	6,525	33.61	11.19	0.2	-49.12
Gain (Loss) on Sale of Assets	3,607	1,633	1,122	237.55	126.68	423.66
Other Unusual Items	3,229	4,949	6.52	15.87	5.45	8.94
Pretax Income	145,250	64,172	399,424	288,235	31,840	778.9
Income Tax Expense	29,041	24,196	53,252	25,125	3,073	1,002
Earnings From Continuing Operations	116,209	39,976	346,173	263,110	28,767	-223.01
Minority Interest in Earnings	-4,161	-4,639	-11,972	-24,095	-4,402	335.53
Net Income	112,048	35,337	334,201	239,015	24,365	112.52
Net Income to Common	112,048	35,337	334,201	239,015	24,365	112.52
Net Income Growth	81.03%	-89.43%	39.82%	880.98%	21554.05%	-61.72%
Shares Outstanding (Basic)	2,139	2,116	3,839	2,098	1,925	1,815
Shares Outstanding (Diluted)	2,149	2,156	3,877	2,115	1,967	1,815
Shares Change (YoY)	-0.43%	-44.39%	83.30%	7.52%	8.39%	6.97%
EPS (Basic)	52.39	16.70	87.07	113.93	12.66	0.06
EPS (Diluted)	52.15	16.42	86.22	113.04	12.40	0.05
EPS Growth	81.72%	-80.96%	-23.72%	811.65%	24698.59%	-71.14%
Free Cash Flow	122,806	-26,238	404,594	245,059	22,273	690.41
Free Cash Flow Per Share	57.14	-12.17	104.37	115.88	11.32	0.38
Dividend Per Share	9.965	9.965	70.000	45.000	6.216	-
Dividend Growth	-85.76%	-85.76%	55.56%	623.88%	-	-
Gross Margin	34.52%	18.04%	63.52%	61.71%	21.97%	7.62%
Operating Margin	30.33%	11.97%	59.57%	58.16%	16.72%	2.25%
Profit Margin	26.84%	12.77%	53.28%	48.84%	11.77%	0.06%
Free Cash Flow Margin	29.42%	-9.48%	64.50%	50.07%	10.76%	0.36%
EBITDA	149,460	52,061	388,360	295,366	43,959	13,127
EBITDA Margin	35.80%	18.81%	61.91%	60.35%	21.23%	6.89%
D&A For EBITDA	22,857	18,945	14,675	10,742	9,345	8,844
EBIT	126,603	33,116	373,686	284,624	34,614	4,282
EBIT Margin	30.33%	11.97%	59.57%	58.16%	16.72%	2.25%
Effective Tax Rate	19.99%	37.71%	13.33%	8.72%	9.65%	128.63%

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