Taiwan Secom Co., Ltd. (TPE: 9917)

Taiwan Secom 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	17,359	17,074	15,357	14,135	13,706	13,412
Revenue Growth (YoY)	7.40%	11.18%	8.65%	3.13%	2.20%	0.13%
Cost of Revenue	11,715	11,496	10,284	9,101	8,697	8,519
Gross Profit	5,644	5,578	5,074	5,034	5,009	4,893
Selling, General & Admin	2,842	2,814	2,475	2,251	2,252	2,246
Research & Development	119.11	118.89	123.19	112.03	111.58	101.71
Operating Expenses	2,977	2,938	2,609	2,368	2,369	2,360
Operating Income	2,667	2,640	2,464	2,666	2,640	2,533
Interest Expense	-120.57	-112.52	-66.24	-49.38	-40.33	-40.32
Interest & Investment Income	39.76	36.7	29.07	19.48	23.03	32.17
Earnings From Equity Investments	680.34	540.82	661.77	444.26	354.49	160.88
Currency Exchange Gain (Loss)	2.09	2.15	7.43	-1.34	-2	-9.92
Other Non Operating Income (Expenses)	77.62	86.16	41.59	-2.69	28.49	19.36
EBT Excluding Unusual Items	3,346	3,194	3,138	3,076	3,004	2,695
Impairment of Goodwill	-	-	-45	-22.33	-45.38	-
Gain (Loss) on Sale of Investments	0.04	0.03	52.06	38.63	-2.62	1.59
Gain (Loss) on Sale of Assets	-0.14	-2.06	-14.16	-6.52	27.35	-17.37
Other Unusual Items	-0	0.22	0.62	-0.54	1.93	-0.58
Pretax Income	3,346	3,192	3,131	3,085	2,985	2,679
Income Tax Expense	554.72	569.92	523.24	506.56	547.73	502.04
Earnings From Continuing Operations	2,792	2,622	2,608	2,579	2,437	2,177
Minority Interest in Earnings	-42.07	-30.74	-29.21	-52.2	-48.33	-40.22
Net Income	2,750	2,591	2,579	2,527	2,389	2,137
Net Income to Common	2,750	2,591	2,579	2,527	2,389	2,137
Net Income Growth	7.16%	0.49%	2.06%	5.77%	11.81%	4.38%
Shares Outstanding (Basic)	443	443	441	441	441	441
Shares Outstanding (Diluted)	443	443	441	441	441	441
Shares Change (YoY)	0.32%	0.34%	0.05%	-0.01%	0.01%	0.00%
EPS (Basic)	6.20	5.85	5.85	5.73	5.42	4.85
EPS (Diluted)	6.20	5.85	5.84	5.73	5.41	4.84
EPS Growth	6.75%	0.17%	1.92%	5.91%	11.78%	4.31%
Free Cash Flow	1,943	1,652	1,701	1,949	2,119	2,014
Free Cash Flow Per Share	4.38	3.73	3.85	4.42	4.80	4.56
Dividend Per Share	5.200	5.200	5.000	5.000	5.000	4.000
Dividend Growth	4.00%	4.00%	0%	0%	25.00%	0%
Gross Margin	32.52%	32.67%	33.04%	35.62%	36.55%	36.48%
Operating Margin	15.36%	15.46%	16.04%	18.86%	19.26%	18.89%
Profit Margin	15.84%	15.18%	16.79%	17.88%	17.43%	15.93%
Free Cash Flow Margin	11.19%	9.67%	11.08%	13.79%	15.46%	15.02%
EBITDA	3,862	3,808	3,580	3,761	3,744	3,636
EBITDA Margin	22.25%	22.30%	23.31%	26.61%	27.31%	27.11%
D&A For EBITDA	1,195	1,168	1,116	1,095	1,104	1,103
EBIT	2,667	2,640	2,464	2,666	2,640	2,533
EBIT Margin	15.36%	15.46%	16.04%	18.86%	19.26%	18.89%
Effective Tax Rate	16.58%	17.85%	16.71%	16.42%	18.35%	18.74%
Revenue as Reported	17,359	17,074	15,357	14,135	13,706	13,412

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