Ruentex Development Co.,Ltd. (TPE: 9945)

Ruentex Development Co.,Ltd. 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	28,490	27,394	32,247	27,294	19,085	17,258
Revenue Growth (YoY)	-9.96%	-15.05%	18.15%	43.02%	10.58%	16.14%
Cost of Revenue	20,895	20,213	25,038	21,090	15,145	13,646
Gross Profit	7,595	7,181	7,209	6,204	3,940	3,612
Selling, General & Admin	2,097	2,072	2,113	2,062	1,792	1,651
Research & Development	93.67	88.84	71.85	71.8	60.69	59.65
Operating Expenses	2,195	2,164	2,184	2,133	1,855	1,713
Operating Income	5,400	5,016	5,025	4,071	2,085	1,899
Interest Expense	-882.39	-869.06	-690.35	-613.11	-698.11	-611.06
Interest & Investment Income	250.02	344.38	324.54	87.76	191.34	229.25
Earnings From Equity Investments	8,557	5,987	8,351	15,422	9,159	8,594
Currency Exchange Gain (Loss)	57.37	88.4	546.27	-75.16	-117.38	-59.42
Other Non Operating Income (Expenses)	117.03	118.8	95.64	83.75	85.98	139.58
EBT Excluding Unusual Items	13,499	10,685	13,652	18,976	10,706	10,191
Gain (Loss) on Sale of Investments	-	-	-	12.02	4.67	2.5
Gain (Loss) on Sale of Assets	-0.02	-0.01	10.48	-10.28	46.89	0.43
Asset Writedown	5,566	-872.46	-2,910	-37	-3.2	-183.68
Other Unusual Items	-	-	8.65	47.85	24.53	-
Pretax Income	19,065	9,813	10,761	18,989	10,778	10,010
Income Tax Expense	2,309	784.96	488.36	579.18	1,503	424.35
Earnings From Continuing Operations	16,756	9,028	10,273	18,410	9,275	9,586
Net Income to Company	16,756	9,028	10,273	18,410	9,275	9,586
Minority Interest in Earnings	-2,981	-1,284	-1,118	-1,253	-717.74	-518.17
Net Income	13,775	7,745	9,155	17,157	8,558	9,068
Net Income to Common	13,775	7,745	9,155	17,157	8,558	9,068
Net Income Growth	218.12%	-15.41%	-46.64%	100.49%	-5.63%	-8.70%
Shares Outstanding (Basic)	2,918	2,918	2,750	2,750	2,750	2,750
Shares Outstanding (Diluted)	2,919	2,919	2,750	2,750	2,751	2,751
Shares Change (YoY)	6.53%	6.15%	-0.00%	-0.01%	-0.01%	-29.48%
EPS (Basic)	4.72	2.65	3.33	6.24	3.11	3.30
EPS (Diluted)	4.72	2.65	3.33	6.23	3.11	3.30
EPS Growth	198.49%	-20.41%	-46.58%	100.36%	-5.62%	29.43%
Free Cash Flow	1,728	1,745	5,772	5,669	1,026	2,616
Free Cash Flow Per Share	0.59	0.60	2.10	2.06	0.37	0.95
Dividend Per Share	0.389	1.500	-	1.482	0.529	0.353
Dividend Growth	-65.00%	-	-	180.00%	50.01%	-50.01%
Gross Margin	26.66%	26.21%	22.36%	22.73%	20.64%	20.93%
Operating Margin	18.95%	18.31%	15.58%	14.91%	10.93%	11.01%
Profit Margin	48.35%	28.27%	28.39%	62.86%	44.84%	52.54%
Free Cash Flow Margin	6.07%	6.37%	17.90%	20.77%	5.38%	15.16%
EBITDA	5,831	5,443	5,417	4,421	2,859	2,592
EBITDA Margin	20.47%	19.87%	16.80%	16.20%	14.98%	15.02%
D&A For EBITDA	431.22	426.39	391.68	350.58	773.71	693.12
EBIT	5,400	5,016	5,025	4,071	2,085	1,899
EBIT Margin	18.95%	18.31%	15.58%	14.91%	10.93%	11.01%
Effective Tax Rate	12.11%	8.00%	4.54%	3.05%	13.95%	4.24%
Advertising Expenses	-	120.69	205.84	208.65	164.77	183.74

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