Taiwan Auto-Design Co. 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	Sep '24 Sep 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	663.43	602.34	535.59	471.81	454.46	433.5
Revenue Growth (YoY)	13.40%	12.46%	13.52%	3.82%	4.84%	-
Cost of Revenue	403.5	356.19	315.11	255.8	253.64	249.79
Gross Profit	259.93	246.15	220.48	216.02	200.82	183.71
Selling, General & Admin	114.44	104.4	103.63	97.94	97.65	94.69
Research & Development	56.97	55.45	32.7	29.45	26.93	34.69
Operating Expenses	171.41	159.86	136.33	126.73	124.85	129.74
Operating Income	88.52	86.29	84.14	89.29	75.97	53.97
Interest Expense	-0.74	-0.54	-1.29	-1.59	-2.15	-2.63
Interest & Investment Income	8.02	5.56	1.97	0.96	1.55	1.85
Earnings From Equity Investments	6.2	0.89	-0.08	-1.08	-2.45	-5.3
Currency Exchange Gain (Loss)	4.38	2.24	2.36	-0.91	-1.12	-0.37
Other Non Operating Income (Expenses)	3.95	3.72	3.27	2.65	5.94	0.08
EBT Excluding Unusual Items	110.32	98.16	90.38	89.32	77.74	47.6
Gain (Loss) on Sale of Assets	-0.04	-0.2	0.27	0.03	-0.29	-0.15
Pretax Income	110.28	97.96	90.65	89.35	77.45	47.46
Income Tax Expense	17.94	17.35	18.2	18.5	12.81	11.18
Net Income	92.34	80.61	72.45	70.85	64.64	36.27
Net Income to Common	92.34	80.61	72.45	70.85	64.64	36.27
Net Income Growth	11.02%	11.25%	2.27%	9.60%	78.21%	-
Shares Outstanding (Basic)	21	21	19	18	18	17
Shares Outstanding (Diluted)	21	21	19	18	18	17
Shares Change (YoY)	1.27%	11.12%	1.84%	4.07%	4.02%	-
EPS (Basic)	4.43	3.87	3.87	3.85	3.66	2.13
EPS (Diluted)	4.42	3.86	3.86	3.84	3.65	2.13
EPS Growth	9.39%	0%	0.52%	5.21%	71.36%	-
Free Cash Flow	54.81	69.61	136.01	78.93	63.99	46.11
Free Cash Flow Per Share	2.63	3.34	7.24	4.28	3.61	2.71
Dividend Per Share	3.470	3.470	3.180	3.460	3.150	-
Dividend Growth	9.12%	9.12%	-8.09%	9.84%	-	-
Gross Margin	39.18%	40.87%	41.16%	45.78%	44.19%	42.38%
Operating Margin	13.34%	14.33%	15.71%	18.92%	16.72%	12.45%
Profit Margin	13.92%	13.38%	13.53%	15.02%	14.22%	8.37%
Free Cash Flow Margin	8.26%	11.56%	25.39%	16.73%	14.08%	10.64%
EBITDA	92.81	90.51	88.28	93.15	79.12	57.49
EBITDA Margin	13.99%	15.03%	16.48%	19.74%	17.41%	13.26%
D&A For EBITDA	4.29	4.21	4.14	3.86	3.15	3.52
EBIT	88.52	86.29	84.14	89.29	75.97	53.97
EBIT Margin	13.34%	14.33%	15.71%	18.92%	16.72%	12.45%
Effective Tax Rate	16.27%	17.71%	20.07%	20.71%	16.54%	23.57%

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