Horng Terng Automation Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,213	1,145	885.95	1,273	1,186
Revenue Growth (YoY)	30.10%	29.22%	-30.38%	7.26%	-
Cost of Revenue	538.55	527.94	446.94	662.54	553.87
Gross Profit	674.23	616.85	439.01	610	632.51
Selling, General & Admin	210.11	197.9	153.84	202.23	188.63
Research & Development	107.69	96.98	77.29	93.69	78.2
Operating Expenses	296.89	269.38	248.83	300.02	278.69
Operating Income	377.34	347.47	190.18	309.98	353.82
Interest Expense	-0.16	-0.19	-0.48	-4.3	-2.41
Interest & Investment Income	10.22	9.26	11.46	9.58	2.54
Currency Exchange Gain (Loss)	6.39	9.5	4.52	169.99	-26.53
Other Non Operating Income (Expenses)	1.09	0.89	1.01	7.6	0.88
EBT Excluding Unusual Items	394.88	366.94	206.69	492.85	328.3
Gain (Loss) on Sale of Assets	-	-	-	0.24	0.1
Other Unusual Items	-	-	-	0.06	-
Pretax Income	394.88	366.94	206.69	493.16	328.39
Income Tax Expense	79.95	73.61	46.44	103.57	66.12
Earnings From Continuing Operations	314.93	293.33	160.25	389.59	262.27
Minority Interest in Earnings	-0.31	0.21	0.19	0.17	0.3
Net Income	314.63	293.54	160.45	389.76	262.57
Net Income to Common	314.63	293.54	160.45	389.76	262.57
Net Income Growth	66.04%	82.95%	-58.84%	48.44%	-
Shares Outstanding (Basic)	24	24	24	19	19
Shares Outstanding (Diluted)	25	25	25	19	19
Shares Change (YoY)	0.14%	-0.09%	27.48%	0.87%	-
EPS (Basic)	12.89	12.02	6.65	20.84	14.06
EPS (Diluted)	12.83	11.96	6.53	20.23	13.75
EPS Growth	65.99%	83.16%	-67.72%	47.13%	-
Free Cash Flow	373.7	299.63	189.1	552.28	403.81
Free Cash Flow Per Share	15.24	12.21	7.70	28.67	21.14
Dividend Per Share	10.000	10.000	6.000	10.000	15.000
Dividend Growth	66.67%	66.67%	-40.00%	-33.33%	-
Gross Margin	55.59%	53.88%	49.55%	47.94%	53.31%
Operating Margin	31.11%	30.35%	21.47%	24.36%	29.82%
Profit Margin	25.94%	25.64%	18.11%	30.63%	22.13%
Free Cash Flow Margin	30.81%	26.17%	21.34%	43.40%	34.04%
EBITDA	394.7	364.51	205.78	323.56	364.58
EBITDA Margin	32.55%	31.84%	23.23%	25.43%	30.73%
D&A For EBITDA	17.36	17.05	15.6	13.58	10.76
EBIT	377.34	347.47	190.18	309.98	353.82
EBIT Margin	31.11%	30.35%	21.47%	24.36%	29.82%
Effective Tax Rate	20.25%	20.06%	22.47%	21.00%	20.14%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.