Wah Hong Industrial Corp. (TPEX:8240)

Wah Hong Industrial Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,512	7,518	9,183	10,969	10,312
Revenue Growth (YoY)	-0.08%	-18.13%	-16.28%	6.37%	5.09%
Cost of Revenue	6,414	6,467	8,006	9,724	9,215
Gross Profit	1,098	1,051	1,177	1,245	1,098
Selling, General & Admin	622.5	579.65	622.53	656.2	619.22
Research & Development	220.28	229.29	214.34	222.16	213.75
Operating Expenses	861.51	807.63	834.31	879.83	833.69
Operating Income	236.89	243.79	342.89	365.59	263.86
Interest Expense	-63.79	-69.03	-47.01	-26.75	-34.28
Interest & Investment Income	24.27	68.54	64.01	21.97	17.22
Earnings From Equity Investments	-3.51	-5.15	0.45	-	-
Currency Exchange Gain (Loss)	-	5.01	53.22	-9.01	-31.41
Other Non Operating Income (Expenses)	268.06	52	10.55	366.53	122.13
EBT Excluding Unusual Items	461.93	295.16	424.12	718.32	337.52
Gain (Loss) on Sale of Assets	-	-3.58	-1.37	-3.86	-2.86
Other Unusual Items	-	-0.54	0.24	0.04	-0.3
Pretax Income	461.93	291.04	422.99	714.5	334.36
Income Tax Expense	150.62	69.61	138.82	256.72	91.22
Earnings From Continuing Operations	311.31	221.43	284.17	457.78	243.14
Minority Interest in Earnings	-10.19	-19.05	-21.7	-27.41	-26.72
Net Income	301.12	202.38	262.47	430.37	216.42
Net Income to Common	301.12	202.38	262.47	430.37	216.42
Net Income Growth	48.79%	-22.89%	-39.01%	98.86%	3.80%
Shares Outstanding (Basic)	99	99	99	98	98
Shares Outstanding (Diluted)	101	100	101	101	99
Shares Change (YoY)	0.60%	-0.95%	-0.18%	1.84%	-1.08%
EPS (Basic)	3.04	2.05	2.66	4.39	2.21
EPS (Diluted)	2.99	2.02	2.60	4.25	2.18
EPS Growth	48.02%	-22.31%	-38.82%	94.95%	5.31%
Free Cash Flow	455.06	264.16	1,122	454.14	32.12
Free Cash Flow Per Share	4.52	2.64	11.10	4.49	0.32
Dividend Per Share	-	1.500	1.500	2.500	1.600
Dividend Growth	-	-	-40.00%	56.25%	23.08%
Gross Margin	14.62%	13.98%	12.82%	11.35%	10.64%
Operating Margin	3.15%	3.24%	3.73%	3.33%	2.56%
Profit Margin	4.01%	2.69%	2.86%	3.92%	2.10%
Free Cash Flow Margin	6.06%	3.51%	12.21%	4.14%	0.31%
EBITDA	520.22	469.61	616.78	637.26	567.69
EBITDA Margin	6.93%	6.25%	6.72%	5.81%	5.50%
D&A For EBITDA	283.32	225.82	273.89	271.68	303.83
EBIT	236.89	243.79	342.89	365.59	263.86
EBIT Margin	3.15%	3.24%	3.73%	3.33%	2.56%
Effective Tax Rate	32.61%	23.92%	32.82%	35.93%	27.28%

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