Sunny Friend Environmental Technology Co., Ltd. (TPE:8341)

TPE:8341 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,899	3,697	3,257	3,843	3,354	2,907
Revenue Growth (YoY)	22.17%	13.50%	-15.26%	14.58%	15.40%	10.93%
Cost of Revenue	2,168	2,130	1,915	2,055	1,602	1,196
Gross Profit	1,730	1,567	1,342	1,789	1,752	1,710
Selling, General & Admin	810.21	802.28	725.16	629.82	544.64	466.15
Research & Development	4.44	4.51	1.1	-	-	-
Operating Expenses	852.73	849.19	739.56	633.32	546.65	466.19
Operating Income	877.71	717.45	602.7	1,155	1,206	1,244
Interest Expense	-46.65	-48.52	-73.17	-75.33	-50.75	-31.39
Interest & Investment Income	10.01	10.53	11.01	7.26	6.26	9.46
Currency Exchange Gain (Loss)	59.46	56.17	-29.21	25.14	-0.65	24.32
Other Non Operating Income (Expenses)	33.5	29.75	42.27	6.36	19.65	36.36
EBT Excluding Unusual Items	934.04	765.36	553.6	1,119	1,180	1,283
Impairment of Goodwill	-81.42	-81.42	-	-	-	-
Gain (Loss) on Sale of Investments	1.53	0.44	-	-	-	0.21
Gain (Loss) on Sale of Assets	-3.86	-13.12	-7.06	-1.04	-1.85	-14.9
Other Unusual Items	0.01	0.01	0.01	-0.03	0.01	0
Pretax Income	850.29	671.27	546.55	1,118	1,178	1,268
Income Tax Expense	167.66	113.12	121.32	258.91	240.76	274.14
Earnings From Continuing Operations	682.63	558.15	425.23	858.81	937.52	993.95
Minority Interest in Earnings	-94.75	-77.95	-16.68	2.48	7.39	-
Net Income	587.88	480.2	408.56	861.29	944.91	993.95
Net Income to Common	587.88	480.2	408.56	861.29	944.91	993.95
Net Income Growth	75.59%	17.54%	-52.56%	-8.85%	-4.93%	0.10%
Shares Outstanding (Basic)	130	130	120	112	112	112
Shares Outstanding (Diluted)	131	131	121	112	112	112
Shares Change (YoY)	4.33%	8.25%	7.65%	0.03%	0.05%	0.02%
EPS (Basic)	4.52	3.69	3.40	7.72	8.47	8.91
EPS (Diluted)	4.51	3.68	3.39	7.69	8.43	8.88
EPS Growth	68.73%	8.55%	-55.92%	-8.78%	-5.07%	0.11%
Free Cash Flow	840.59	562.51	-9.28	722.63	34.06	128.32
Free Cash Flow Per Share	6.43	4.31	-0.08	6.45	0.30	1.15
Dividend Per Share	3.800	3.800	3.800	7.500	8.000	8.200
Dividend Growth	-	-	-49.33%	-6.25%	-2.44%	2.50%
Gross Margin	44.39%	42.38%	41.21%	46.54%	52.24%	58.84%
Operating Margin	22.51%	19.41%	18.50%	30.06%	35.94%	42.80%
Profit Margin	15.08%	12.99%	12.54%	22.41%	28.17%	34.20%
Free Cash Flow Margin	21.56%	15.22%	-0.29%	18.80%	1.01%	4.42%
EBITDA	1,528	1,355	1,165	1,668	1,643	1,530
EBITDA Margin	39.20%	36.66%	35.76%	43.39%	48.97%	52.64%
D&A For EBITDA	650.4	637.82	561.97	512.31	437.09	286.19
EBIT	877.71	717.45	602.7	1,155	1,206	1,244
EBIT Margin	22.51%	19.41%	18.50%	30.06%	35.94%	42.80%
Effective Tax Rate	19.72%	16.85%	22.20%	23.16%	20.43%	21.62%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.