Wah Hong Industrial Corp. (TPEX:8240)

Wah Hong Industrial 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	7,743	7,512	7,518	9,183	10,969	10,312
Revenue Growth (YoY)	2.46%	-0.08%	-18.13%	-16.28%	6.37%	5.09%
Cost of Revenue	6,554	6,414	6,467	8,006	9,724	9,215
Gross Profit	1,189	1,098	1,051	1,177	1,245	1,098
Selling, General & Admin	621.02	622.5	579.65	622.53	656.2	619.22
Research & Development	226.18	220.28	229.29	214.34	222.16	213.75
Operating Expenses	869.6	863.14	807.63	834.31	879.83	833.69
Operating Income	319.28	235.26	243.79	342.89	365.59	263.86
Interest Expense	-57.45	-63.79	-69.03	-47.01	-26.75	-34.28
Interest & Investment Income	61	61.57	68.54	64.01	21.97	17.22
Earnings From Equity Investments	-3.07	-3.51	-5.15	0.45	-	-
Currency Exchange Gain (Loss)	38.15	38.15	5.01	53.22	-9.01	-31.41
Other Non Operating Income (Expenses)	8.49	39.97	52	10.55	366.53	122.13
EBT Excluding Unusual Items	366.4	307.66	295.16	424.12	718.32	337.52
Gain (Loss) on Sale of Assets	154.27	154.27	-3.58	-1.37	-3.86	-2.86
Other Unusual Items	-0	-0	-0.54	0.24	0.04	-0.3
Pretax Income	520.67	461.93	291.04	422.99	714.5	334.36
Income Tax Expense	169.67	150.62	69.61	138.82	256.72	91.22
Earnings From Continuing Operations	351	311.31	221.43	284.17	457.78	243.14
Minority Interest in Earnings	-9.88	-10.19	-19.05	-21.7	-27.41	-26.72
Net Income	341.13	301.12	202.38	262.47	430.37	216.42
Net Income to Common	341.13	301.12	202.38	262.47	430.37	216.42
Net Income Growth	45.77%	48.79%	-22.89%	-39.01%	98.86%	3.80%
Shares Outstanding (Basic)	99	99	99	99	98	98
Shares Outstanding (Diluted)	101	101	100	101	101	99
Shares Change (YoY)	1.04%	0.47%	-0.95%	-0.18%	1.84%	-1.08%
EPS (Basic)	3.44	3.04	2.05	2.66	4.39	2.21
EPS (Diluted)	3.37	2.99	2.02	2.60	4.25	2.18
EPS Growth	44.05%	48.02%	-22.31%	-38.82%	94.95%	5.31%
Free Cash Flow	-35.77	335.97	264.16	1,122	454.14	32.12
Free Cash Flow Per Share	-0.35	3.34	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	15.35%	14.62%	13.98%	12.82%	11.35%	10.64%
Operating Margin	4.12%	3.13%	3.24%	3.73%	3.33%	2.56%
Profit Margin	4.41%	4.01%	2.69%	2.86%	3.92%	2.10%
Free Cash Flow Margin	-0.46%	4.47%	3.51%	12.21%	4.14%	0.31%
EBITDA	552.67	469	469.61	616.78	637.26	567.69
EBITDA Margin	7.14%	6.24%	6.25%	6.72%	5.81%	5.50%
D&A For EBITDA	233.39	233.74	225.82	273.89	271.68	303.83
EBIT	319.28	235.26	243.79	342.89	365.59	263.86
EBIT Margin	4.12%	3.13%	3.24%	3.73%	3.33%	2.56%
Effective Tax Rate	32.59%	32.61%	23.92%	32.82%	35.93%	27.28%

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