Tatung System Technologies Inc. (TPEX:8099)

TPEX:8099 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,932	3,930	4,180	4,347	4,272	4,286
Revenue Growth (YoY)	-2.42%	-5.97%	-3.84%	1.75%	-0.33%	6.39%
Cost of Revenue	2,965	2,977	3,252	3,455	3,382	3,479
Gross Profit	966.6	953.4	927.44	891.85	889.45	806.96
Selling, General & Admin	672.82	673.87	643.81	613.93	603.48	581.6
Research & Development	52.23	54.8	71.33	83.51	71.87	66.27
Operating Expenses	731.27	734.89	714.67	697	675.33	649.87
Operating Income	235.33	218.51	212.77	194.85	214.12	157.08
Interest Expense	-3.03	-3.46	-5.21	-2.78	-1.48	-1.54
Interest & Investment Income	10.74	10.49	11.02	7.77	4.73	3.82
Earnings From Equity Investments	0.36	0.44	0.82	0.25	-0.23	-0.08
Currency Exchange Gain (Loss)	3.78	3.78	-1.7	4.01	-1.01	-1.54
Other Non Operating Income (Expenses)	-11.66	14.07	4.08	14.13	6.37	20.77
EBT Excluding Unusual Items	235.52	243.83	221.79	218.23	222.5	178.52
Gain (Loss) on Sale of Investments	6.37	6.37	10.1	-	-	-
Gain (Loss) on Sale of Assets	-0.03	-0.03	-0.04	1.78	0.02	-0.24
Other Unusual Items	-	-	-	-	-	0.59
Pretax Income	241.76	250.18	231.84	220.01	222.52	178.86
Income Tax Expense	47.52	45.81	43.7	41.54	44.24	33.55
Earnings From Continuing Operations	194.24	204.37	188.14	178.46	178.28	145.32
Minority Interest in Earnings	-	-	-	-	-	0.18
Net Income	194.24	204.37	188.14	178.46	178.28	145.49
Net Income to Common	194.24	204.37	188.14	178.46	178.28	145.49
Net Income Growth	-6.42%	8.63%	5.42%	0.10%	22.53%	41.67%
Shares Outstanding (Basic)	88	89	89	89	89	89
Shares Outstanding (Diluted)	89	89	89	89	89	89
Shares Change (YoY)	-0.39%	-0.21%	-0.08%	-0.02%	-0.19%	23.64%
EPS (Basic)	2.20	2.31	2.12	2.02	2.01	1.64
EPS (Diluted)	2.19	2.30	2.11	2.00	2.00	1.63
EPS Growth	-5.97%	9.01%	5.50%	-	22.70%	14.79%
Free Cash Flow	359.16	339.68	615.41	3.59	323.05	94.89
Free Cash Flow Per Share	4.05	3.82	6.91	0.04	3.63	1.06
Dividend Per Share	0.800	0.800	1.850	1.750	1.800	1.350
Dividend Growth	-56.76%	-56.76%	5.71%	-2.78%	33.33%	28.57%
Gross Margin	24.58%	24.26%	22.19%	20.52%	20.82%	18.83%
Operating Margin	5.99%	5.56%	5.09%	4.48%	5.01%	3.67%
Profit Margin	4.94%	5.20%	4.50%	4.11%	4.17%	3.40%
Free Cash Flow Margin	9.13%	8.64%	14.72%	0.08%	7.56%	2.21%
EBITDA	265.58	258.69	266.96	260.62	278.51	210.73
EBITDA Margin	6.75%	6.58%	6.39%	6.00%	6.52%	4.92%
D&A For EBITDA	30.26	40.18	54.19	65.77	64.39	53.65
EBIT	235.33	218.51	212.77	194.85	214.12	157.08
EBIT Margin	5.99%	5.56%	5.09%	4.48%	5.01%	3.67%
Effective Tax Rate	19.66%	18.31%	18.85%	18.88%	19.88%	18.75%

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.