Qing Song Health Co.,Ltd. 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	960.65	868.66	636.69	357.54	240.24	124.5
Revenue Growth (YoY)	17.10%	36.43%	78.08%	48.83%	92.97%	-
Cost of Revenue	831.79	753.65	571.12	330.73	185.13	79.18
Gross Profit	128.86	115.02	65.57	26.81	55.11	45.32
Selling, General & Admin	71.71	61.11	51.66	31.54	22.72	14.68
Research & Development	-	-	-	-	3.18	8.54
Other Operating Expenses	0.01	0.08	-0.41	-0.72	0.33	-
Operating Expenses	71.78	61.5	51.25	30.79	26.26	23.22
Operating Income	57.08	53.52	14.32	-3.98	28.85	22.1
Interest Expense	-21.97	-17.64	-14	-11.3	-11.21	-9.45
Interest & Investment Income	4.06	3.16	0.8	0.59	0.67	0.23
Earnings From Equity Investments	-	-	-	-0.16	-0.23	-0.27
Other Non Operating Income (Expenses)	32.54	37.37	26.5	12.99	3.24	3.25
EBT Excluding Unusual Items	71.71	76.42	27.61	-1.87	21.33	15.85
Gain (Loss) on Sale of Investments	1.43	3.69	-1.05	0.04	-	-
Gain (Loss) on Sale of Assets	-0.77	-0.97	-0.29	0.01	0.1	-
Other Unusual Items	-	-	1.22	1.46	1.03	-
Pretax Income	72.36	79.14	27.5	-0.36	22.46	15.85
Income Tax Expense	23.08	20.31	8.98	-0.58	6.44	3.35
Earnings From Continuing Operations	49.29	58.83	18.52	0.22	16.01	12.5
Minority Interest in Earnings	-0.28	0.57	4.81	-2.18	-0.17	0.31
Net Income	49.01	59.4	23.33	-1.97	15.84	12.8
Net Income to Common	49.01	59.4	23.33	-1.97	15.84	12.8
Net Income Growth	14.44%	154.61%	-	-	23.73%	-
Shares Outstanding (Basic)	60	60	60	60	52	36
Shares Outstanding (Diluted)	60	60	60	60	52	36
Shares Change (YoY)	0.00%	0.01%	0.01%	15.91%	44.86%	-
EPS (Basic)	0.82	0.99	0.39	-0.03	0.31	0.36
EPS (Diluted)	0.82	0.99	0.39	-0.04	0.31	0.36
EPS Growth	14.93%	156.24%	-	-	-14.33%	-
Free Cash Flow	50.92	-23.16	34.85	13.83	-60.18	38.91
Free Cash Flow Per Share	0.85	-0.39	0.58	0.23	-1.16	1.09
Dividend Per Share	0.083	0.083	-	-	-	-
Gross Margin	13.41%	13.24%	10.30%	7.50%	22.94%	36.40%
Operating Margin	5.94%	6.16%	2.25%	-1.11%	12.01%	17.75%
Profit Margin	5.10%	6.84%	3.66%	-0.55%	6.59%	10.28%
Free Cash Flow Margin	5.30%	-2.67%	5.47%	3.87%	-25.05%	31.25%
EBITDA	118.83	109.43	67.77	38.37	47.81	38.75
EBITDA Margin	12.37%	12.60%	10.64%	10.73%	19.90%	31.12%
D&A For EBITDA	61.75	55.91	53.45	42.35	18.95	16.65
EBIT	57.08	53.52	14.32	-3.98	28.85	22.1
EBIT Margin	5.94%	6.16%	2.25%	-1.11%	12.01%	17.75%
Effective Tax Rate	31.89%	25.66%	32.64%	-	28.69%	21.16%

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