Taiwan Speciality Chemicals Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	751.68	553.52	532.28	515.67	416.63	162.14
Revenue Growth (YoY)	69.69%	3.99%	3.22%	23.77%	156.96%	-
Cost of Revenue	420.04	343.31	278.27	254.5	289.14	244.72
Gross Profit	331.65	210.21	254.01	261.17	127.49	-82.58
Selling, General & Admin	60.3	54.12	57.03	46.99	56.32	46.43
Research & Development	17.83	18.31	26.19	18.87	5.11	3.27
Operating Expenses	78.13	72.44	83.22	65.85	61.42	49.7
Operating Income	253.51	137.78	170.79	195.31	66.07	-132.28
Interest Expense	-0	-0	-0.13	-2.35	-6.75	-8.56
Interest & Investment Income	2.63	1.11	0.55	0.01	0.27	0.56
Earnings From Equity Investments	-	-	-	-	-	-0
Currency Exchange Gain (Loss)	3.52	-2.43	2.42	-1.19	-5.57	-0.6
Other Non Operating Income (Expenses)	2.89	2.79	6.72	1.33	1.4	-9.05
EBT Excluding Unusual Items	262.54	139.25	180.35	193.12	55.41	-149.93
Gain (Loss) on Sale of Assets	0.03	-0.07	-2.74	0.27	0.13	-0.1
Asset Writedown	0.02	0.02	9.86	-	-145.33	-
Other Unusual Items	-	-	-	-	-16.12	-
Pretax Income	262.59	139.2	187.47	194.45	-93.1	-150.03
Income Tax Expense	-16.45	-16.45	-20.5	-	-	-
Net Income	279.05	155.65	207.97	194.45	-93.1	-150.03
Net Income to Common	279.05	155.65	207.97	194.45	-93.1	-150.03
Net Income Growth	188.26%	-25.16%	6.96%	-	-	-
Shares Outstanding (Basic)	138	138	138	138	138	138
Shares Outstanding (Diluted)	139	139	139	139	138	138
Shares Change (YoY)	0.16%	-0.06%	0.07%	0.33%	0.43%	-
EPS (Basic)	2.02	1.13	1.50	1.41	-0.67	-1.09
EPS (Diluted)	2.00	1.12	1.50	1.40	-0.67	-1.09
EPS Growth	185.47%	-25.33%	7.14%	-	-	-
Free Cash Flow	392.55	133.76	206.29	302.33	238.82	-74.39
Free Cash Flow Per Share	2.83	0.96	1.49	2.18	1.73	-0.54
Dividend Per Share	1.000	1.000	0.680	0.650	4.280	-
Dividend Growth	47.06%	47.06%	4.62%	-84.81%	-	-
Gross Margin	44.12%	37.98%	47.72%	50.65%	30.60%	-50.93%
Operating Margin	33.73%	24.89%	32.09%	37.88%	15.86%	-81.58%
Profit Margin	37.12%	28.12%	39.07%	37.71%	-22.35%	-92.53%
Free Cash Flow Margin	52.22%	24.16%	38.76%	58.63%	57.32%	-45.88%
EBITDA	365.71	256.69	314.39	327.5	227.89	61.37
EBITDA Margin	48.65%	46.37%	59.06%	63.51%	54.70%	37.85%
D&A For EBITDA	112.2	118.91	143.6	132.19	161.83	193.65
EBIT	253.51	137.78	170.79	195.31	66.07	-132.28
EBIT Margin	33.73%	24.89%	32.09%	37.88%	15.86%	-81.58%

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