Advanced Power Electronics Co., Ltd. (TPE: 8261)

Advanced Power Electronics 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	2,818	2,851	3,911	4,204	3,126	2,217
Revenue Growth (YoY)	-1.82%	-27.10%	-6.96%	34.48%	40.98%	-18.16%
Cost of Revenue	2,044	2,106	2,513	2,953	2,614	1,875
Gross Profit	773.82	745.02	1,398	1,250	511.84	342.56
Selling, General & Admin	226.91	280.83	326.46	302.05	175.39	173.63
Research & Development	137.9	155.29	171.91	119.41	100.44	99.93
Operating Expenses	364.81	436.12	498.29	421.46	271.9	273.56
Operating Income	409.01	308.9	899.89	828.97	239.94	69
Interest Expense	-0.13	-0.1	-2.13	-4.94	-2.94	-4.63
Interest & Investment Income	60.88	63.26	24.55	3.55	5.32	3.09
Currency Exchange Gain (Loss)	-5.86	6.44	173.83	-24.23	-21.32	-7.18
Other Non Operating Income (Expenses)	5.41	6.7	4.63	-5.89	2.91	0.46
EBT Excluding Unusual Items	469.29	385.2	1,101	797.47	223.92	60.74
Gain (Loss) on Sale of Investments	41.96	9.19	-3.39	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-1.22	-0.3	-1.75
Pretax Income	511.25	394.39	1,097	796.24	223.61	58.99
Income Tax Expense	65.36	64.72	200.28	144.76	27.26	17.06
Earnings From Continuing Operations	445.89	329.67	897.1	651.48	196.35	41.93
Minority Interest in Earnings	-0.59	0.76	2.73	1.31	2	13.2
Net Income	445.3	330.43	899.83	652.79	198.35	55.13
Net Income to Common	445.3	330.43	899.83	652.79	198.35	55.13
Net Income Growth	28.49%	-63.28%	37.84%	229.11%	259.79%	-66.82%
Shares Outstanding (Basic)	118	117	102	81	81	81
Shares Outstanding (Diluted)	119	119	105	83	82	82
Shares Change (YoY)	-0.28%	13.67%	26.41%	1.36%	0.18%	-0.34%
EPS (Basic)	3.79	2.83	8.83	8.03	2.44	0.68
EPS (Diluted)	3.74	2.77	8.58	7.87	2.42	0.67
EPS Growth	28.99%	-67.72%	9.02%	225.21%	261.19%	-67.00%
Free Cash Flow	773.27	356.93	568.02	750.49	272.75	-59.72
Free Cash Flow Per Share	6.50	3.00	5.42	9.05	3.33	-0.73
Dividend Per Share	2.488	2.488	5.000	6.000	1.000	0.500
Dividend Growth	-50.23%	-50.23%	-16.67%	500.00%	100.00%	-50.00%
Gross Margin	27.46%	26.13%	35.75%	29.75%	16.37%	15.45%
Operating Margin	14.51%	10.83%	23.01%	19.72%	7.68%	3.11%
Profit Margin	15.80%	11.59%	23.01%	15.53%	6.35%	2.49%
Free Cash Flow Margin	27.44%	12.52%	14.52%	17.85%	8.73%	-2.69%
EBITDA	447.18	341.99	923.72	852.17	261.45	93.06
EBITDA Margin	15.87%	11.99%	23.62%	20.27%	8.36%	4.20%
D&A For EBITDA	38.18	33.09	23.82	23.19	21.51	24.06
EBIT	409.01	308.9	899.89	828.97	239.94	69
EBIT Margin	14.51%	10.83%	23.01%	19.72%	7.68%	3.11%
Effective Tax Rate	12.78%	16.41%	18.25%	18.18%	12.19%	28.92%

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