HD Renewable Energy Co., Ltd. (TPE:6873)

HD Renewable Energy 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	9,530	10,125	5,839	5,060	2,680	2,298
Revenue Growth (YoY)	8.06%	73.41%	15.39%	88.82%	16.62%	98.87%
Cost of Revenue	6,904	7,440	4,334	3,719	2,264	1,933
Gross Profit	2,626	2,685	1,505	1,342	415.9	365.18
Selling, General & Admin	1,007	797.15	403.84	285.75	147.91	96.39
Research & Development	103.9	106.07	55.16	15.46	4.75	3.37
Other Operating Expenses	252.94	157.41	57.24	195.04	39.89	13.89
Operating Expenses	1,363	1,061	516.24	496.25	193.2	120.41
Operating Income	1,263	1,625	988.46	845.32	222.7	244.78
Interest Expense	-213.45	-148.55	-56.74	-14.37	-5.39	-3.06
Interest & Investment Income	38.58	29.59	18.39	2.64	0.29	0.28
Earnings From Equity Investments	-0.17	15.42	27.77	8.08	1.59	-0.2
Currency Exchange Gain (Loss)	-5.94	-16.68	13.14	-12.17	-0.01	-0.03
Other Non Operating Income (Expenses)	-15.27	13.97	8.92	10.14	-1.78	0.47
EBT Excluding Unusual Items	1,066	1,518	999.93	839.64	217.4	242.25
Gain (Loss) on Sale of Investments	0.66	0.2	2.25	1.84	1.33	0.55
Gain (Loss) on Sale of Assets	-1.15	-	-	-	0.01	-
Asset Writedown	-	-	-	-28.99	-	-
Other Unusual Items	7.66	1.04	0.56	-	-	-
Pretax Income	1,074	1,520	1,003	812.5	218.73	242.79
Income Tax Expense	270.32	340.5	184.32	164.34	52.25	52.88
Earnings From Continuing Operations	803.2	1,179	818.41	648.15	166.48	189.91
Minority Interest in Earnings	16.2	19.73	-3	1.95	-1.2	1.43
Net Income	819.4	1,199	815.41	650.11	165.28	191.34
Net Income to Common	819.4	1,199	815.41	650.11	165.28	191.34
Net Income Growth	-25.56%	47.02%	25.43%	293.33%	-13.62%	27.43%
Shares Outstanding (Basic)	138	123	114	93	64	59
Shares Outstanding (Diluted)	141	131	117	95	65	60
Shares Change (YoY)	10.55%	11.41%	23.15%	47.14%	8.16%	19.94%
EPS (Basic)	5.92	9.72	7.14	6.99	2.58	3.27
EPS (Diluted)	5.88	9.32	7.00	6.83	2.55	3.20
EPS Growth	-33.08%	33.04%	2.58%	167.23%	-20.05%	6.13%
Free Cash Flow	-7,184	-805.29	-3,341	683.15	-276.05	279.18
Free Cash Flow Per Share	-51.12	-6.16	-28.48	7.17	-4.26	4.66
Dividend Per Share	4.816	4.816	3.486	3.417	1.709	1.709
Dividend Growth	38.16%	38.16%	2.00%	100.00%	-	-
Gross Margin	27.56%	26.52%	25.77%	26.51%	15.52%	15.89%
Operating Margin	13.25%	16.05%	16.93%	16.71%	8.31%	10.65%
Profit Margin	8.60%	11.84%	13.96%	12.85%	6.17%	8.33%
Free Cash Flow Margin	-75.38%	-7.95%	-57.22%	13.50%	-10.30%	12.15%
EBITDA	1,355	1,691	1,032	869.84	238.15	253.68
EBITDA Margin	14.22%	16.70%	17.68%	17.19%	8.89%	11.04%
D&A For EBITDA	92.36	66.42	44.04	24.52	15.45	8.9
EBIT	1,263	1,625	988.46	845.32	222.7	244.78
EBIT Margin	13.25%	16.05%	16.93%	16.71%	8.31%	10.65%
Effective Tax Rate	25.18%	22.41%	18.38%	20.23%	23.89%	21.78%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.