Niching Industrial Corporation (TPEX: 3444)

Niching Industrial 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	1,045	976.4	1,060	1,219	964.46	803.84
Revenue Growth (YoY)	10.97%	-7.92%	-13.01%	26.38%	19.98%	-3.66%
Cost of Revenue	775.89	720.64	749.45	908.46	694.98	556.43
Gross Profit	268.86	255.76	310.95	310.46	269.47	247.41
Selling, General & Admin	155.45	145.51	155.04	139.84	131.58	140.26
Research & Development	30.52	34.71	31.25	25.75	21.19	15.89
Operating Expenses	189.1	180.48	186.89	159.89	150.79	156.7
Operating Income	79.76	75.28	124.06	150.57	118.69	90.72
Interest Expense	-0.43	-1.07	-2.04	-2.78	-2.67	-0.85
Interest & Investment Income	8.45	8.33	4.87	2.34	2.34	9.41
Earnings From Equity Investments	17.5	18.91	59.97	15.15	20.16	22.36
Currency Exchange Gain (Loss)	13.77	1.29	40.74	-6.7	-19.36	-7.91
Other Non Operating Income (Expenses)	5.39	9.09	6.53	7.29	5.55	6.63
EBT Excluding Unusual Items	124.43	111.84	234.12	165.88	124.7	120.36
Gain (Loss) on Sale of Investments	-	-	-	-	0.5	-
Gain (Loss) on Sale of Assets	-0.78	-	-	-0.02	-0.01	-0.01
Other Unusual Items	-	-	-	-	-	7.35
Pretax Income	123.66	111.84	234.12	165.86	125.2	127.7
Income Tax Expense	18.95	18.3	38.15	31.43	18.76	22.92
Net Income	104.7	93.55	195.98	134.43	106.43	104.77
Net Income to Common	104.7	93.55	195.98	134.43	106.43	104.77
Net Income Growth	-23.09%	-52.27%	45.79%	26.31%	1.58%	76.07%
Shares Outstanding (Basic)	45	44	40	40	40	40
Shares Outstanding (Diluted)	45	44	40	40	40	40
Shares Change (YoY)	7.91%	10.08%	0.15%	-0.15%	-0.08%	0.06%
EPS (Basic)	2.33	2.12	4.91	3.37	2.67	2.63
EPS (Diluted)	2.32	2.12	4.88	3.35	2.65	2.61
EPS Growth	-28.66%	-56.63%	45.62%	26.66%	1.51%	76.16%
Free Cash Flow	79.8	149.24	101.44	232.32	37.56	-25.63
Free Cash Flow Per Share	1.77	3.38	2.53	5.80	0.94	-0.64
Dividend Per Share	2.255	2.255	3.725	2.255	1.765	1.765
Dividend Growth	-39.47%	-39.47%	65.22%	27.78%	0%	80.00%
Gross Margin	25.73%	26.19%	29.32%	25.47%	27.94%	30.78%
Operating Margin	7.63%	7.71%	11.70%	12.35%	12.31%	11.29%
Profit Margin	10.02%	9.58%	18.48%	11.03%	11.04%	13.03%
Free Cash Flow Margin	7.64%	15.28%	9.57%	19.06%	3.89%	-3.19%
EBITDA	92.61	87.75	136.29	161.52	127.06	99.25
EBITDA Margin	8.86%	8.99%	12.85%	13.25%	13.17%	12.35%
D&A For EBITDA	12.85	12.47	12.23	10.95	8.37	8.53
EBIT	79.76	75.28	124.06	150.57	118.69	90.72
EBIT Margin	7.63%	7.71%	11.70%	12.35%	12.31%	11.29%
Effective Tax Rate	15.33%	16.36%	16.29%	18.95%	14.99%	17.95%
Revenue as Reported	1,045	976.4	1,060	1,219	964.46	803.84

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