KGI Financial Holding Co., Ltd. (TPE:2883)

KGI Financial Holding 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
Premiums & Annuity Revenue	155,767	145,730	155,762	198,274	132,742	260,041
Total Interest & Dividend Income	102,216	96,813	80,245	69,225	72,344	73,120
Gain (Loss) on Sale of Investments	79,404	44,319	-125,205	72,399	59,276	56,447
Other Revenue	-11,247	-10,879	62,884	22,077	6,985	-6,182
Total Revenue	326,141	275,983	173,686	370,353	271,347	383,425
Revenue Growth (YoY)	27.02%	58.90%	-53.10%	36.49%	-29.23%	13.06%
Policy Benefits	197,726	186,788	199,262	237,925	174,464	295,531
Depreciation & Amortization	3,736	3,795	3,531	3,631	3,454	3,298
Selling, General & Administrative	9,959	8,801	8,661	9,129	7,006	6,526
Other Operating Expenses	17,958	14,814	3,365	11,210	-	10,226
Total Operating Expenses	252,349	233,539	231,013	284,338	202,876	331,576
Operating Income	73,792	42,445	-57,327	86,015	68,471	51,849
Interest Expense	-28,127	-23,521	-9,387	-3,573	-5,640	-9,642
Currency Exchange Gain (Loss)	-9,637	1,820	90,095	-29,645	-40,901	-20,468
EBT Excluding Unusual Items	36,028	20,743	23,381	52,797	21,930	21,738
Gain (Loss) on Sale of Assets	401.66	650.88	450.12	-	0.46	-
Asset Writedown	-725.37	-816.91	-1,890	-596.98	17.67	-172.41
Pretax Income	35,705	20,577	21,941	52,200	21,948	21,566
Income Tax Expense	5,132	1,629	5,552	5,100	1,272	1,912
Earnings From Continuing Ops.	30,573	18,948	16,389	47,099	20,676	19,654
Minority Interest in Earnings	-2.4	-5.42	-23.56	-12,056	-8,021	-6,858
Net Income	30,570	18,943	16,366	35,043	12,655	12,796
Preferred Dividends & Other Adjustments	561.66	-	3.08	-	-	-
Net Income to Common	30,009	18,943	16,363	35,043	12,655	12,796
Net Income Growth	125.50%	15.75%	-53.30%	176.91%	-1.10%	62.95%
Shares Outstanding (Basic)	16,749	16,742	16,742	14,970	14,616	14,548
Shares Outstanding (Diluted)	16,802	16,801	16,782	14,980	14,623	14,562
Shares Change (YoY)	0.04%	0.11%	12.03%	2.44%	0.42%	0.42%
EPS (Basic)	1.79	1.13	0.98	2.34	0.87	0.88
EPS (Diluted)	1.79	1.13	0.98	2.34	0.87	0.88
EPS Growth	121.05%	15.62%	-58.23%	170.25%	-1.55%	62.87%
Free Cash Flow	42,685	-60,827	8,223	63,612	160,341	118,555
Free Cash Flow Per Share	2.54	-3.62	0.49	4.25	10.96	8.14
Dividend Per Share	0.501	0.501	-	1.000	0.550	0.600
Dividend Growth	-	-	-	81.82%	-8.33%	100.00%
Operating Margin	22.63%	15.38%	-33.01%	23.23%	25.23%	13.52%
Profit Margin	9.20%	6.86%	9.42%	9.46%	4.66%	3.34%
Free Cash Flow Margin	13.09%	-22.04%	4.73%	17.18%	59.09%	30.92%
EBITDA	76,575	45,157	-54,864	88,175	70,060	55,146
EBITDA Margin	23.48%	16.36%	-31.59%	23.81%	25.82%	14.38%
D&A For EBITDA	2,783	2,712	2,463	2,161	1,589	3,298
EBIT	73,792	42,445	-57,327	86,015	68,471	51,849
EBIT Margin	22.63%	15.38%	-33.01%	23.23%	25.23%	13.52%
Effective Tax Rate	14.37%	7.92%	25.30%	9.77%	5.80%	8.87%

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