Capital Securities Corporation (TPE: 6005)

Capital Securities 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
Interest and Dividend Income	5,367	5,728	2,525	2,352	1,815	1,993
Total Interest Expense	2,734	1,914	581.51	195.93	375.29	643.1
Net Interest Income	2,633	3,814	1,944	2,156	1,440	1,350
Brokerage Commission	7,152	5,639	5,760	8,273	5,777	4,029
Trading & Principal Transactions	4,877	-	-	-	-	-
Asset Management Fee	93.82	62.38	66.13	78.43	76.33	104.53
Underwriting & Investment Banking Fee	300.63	249.25	254.62	327.67	376.56	226.06
Gain on Sale of Investments (Rev)	760.99	3,197	-2,383	4,079	2,153	2,233
Other Revenue	-2,126	-2,274	2,262	-2,028	-644.22	-913.88
Revenue	13,691	10,688	7,904	12,887	9,180	7,029
Revenue Growth (YoY)	36.83%	35.22%	-38.66%	40.38%	30.60%	0.91%
Salaries & Employee Benefits	4,041	3,419	2,775	3,807	2,902	2,464
Cost of Services Provided	1,517	1,195	1,275	1,455	1,232	964.35
Other Operating Expenses	3,167	2,403	2,510	1,812	1,311	1,187
Total Operating Expenses	9,215	7,483	7,030	7,563	5,924	5,034
Operating Income	4,476	3,205	874.55	5,324	3,256	1,995
Currency Exchange Gains	-3.06	-0.52	23.87	-14.28	-5.75	-8.26
Other Non-Operating Income (Expenses)	2,116	2,284	1,063	684.35	848.36	1,029
EBT Excluding Unusual Items	6,918	5,694	2,163	6,200	4,279	3,209
Gain (Loss) on Sale of Investments	-641.26	-603.81	-348.53	14.65	70.1	5.53
Other Unusual Items	140.88	18.54	31.95	12.69	21.86	-
Pretax Income	6,417	5,109	1,846	6,228	4,383	3,228
Income Tax Expense	1,185	537.78	667.04	765.86	542.02	398.86
Earnings From Continuing Ops.	5,232	4,571	1,179	5,462	3,841	2,829
Minority Interest in Earnings	-521.74	-439.48	-338.98	-212.06	-271.15	-262.41
Net Income	4,711	4,132	840.04	5,250	3,570	2,567
Net Income to Common	4,711	4,132	840.04	5,250	3,570	2,567
Net Income Growth	22.39%	391.82%	-84.00%	47.07%	39.06%	82.19%
Shares Outstanding (Basic)	2,171	2,171	2,171	2,171	2,171	2,314
Shares Outstanding (Diluted)	2,176	2,177	2,172	2,175	2,174	2,317
Shares Change (YoY)	0.08%	0.19%	-0.13%	0.04%	-6.17%	-0.26%
EPS (Basic)	2.17	1.90	0.39	2.42	1.64	1.11
EPS (Diluted)	2.16	1.90	0.39	2.41	1.64	1.11
EPS Growth	21.81%	391.02%	-83.94%	46.95%	47.86%	82.71%
Free Cash Flow	-29,147	-12,095	13,745	-1,213	2,570	688.87
Free Cash Flow Per Share	-13.40	-5.56	6.33	-0.56	1.18	0.30
Dividend Per Share	1.330	1.330	0.390	1.650	1.100	0.800
Dividend Growth	241.03%	241.03%	-76.36%	50.00%	37.50%	100.00%
Operating Margin	32.69%	29.98%	11.06%	41.31%	35.47%	28.38%
Profit Margin	34.41%	38.66%	10.63%	40.74%	38.89%	36.52%
Free Cash Flow Margin	-212.90%	-113.16%	173.90%	-9.42%	28.00%	9.80%
Effective Tax Rate	18.47%	10.53%	36.13%	12.30%	12.37%	12.36%
Revenue as Reported	12,746	12,746	8,219	13,282	9,724	-

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