Hulic Co., Ltd. (TYO: 3003)

Hulic Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	482,839	446,383	523,424	447,077	339,645	357,272
Revenue Growth (YoY)	19.89%	-14.72%	17.08%	31.63%	-4.93%	24.26%
Cost of Revenue	282,550	249,875	350,854	291,668	199,765	237,882
Gross Profit	200,289	196,508	172,570	155,409	139,880	119,390
Selling, General & Admin	56,250	46,080	42,402	36,922	35,764	27,795
Other Operating Expenses	-	4,249	4,020	3,760	3,505	3,242
Operating Expenses	56,250	50,329	46,422	40,902	39,283	31,037
Operating Income	144,039	146,179	126,148	114,507	100,597	88,353
Interest Expense	-12,555	-11,576	-10,415	-10,208	-8,652	-6,615
Interest & Investment Income	3,938	3,583	3,141	2,568	2,460	2,317
Earnings From Equity Investments	196	-136	1,033	458	895	-22
Other Non Operating Income (Expenses)	-1,444	-614	3,315	2,256	327	611
EBT Excluding Unusual Items	134,174	137,436	123,222	109,581	95,627	84,644
Gain (Loss) on Sale of Investments	5,529	21	2,368	255	-593	1,574
Gain (Loss) on Sale of Assets	-	-	-	-	562	-
Asset Writedown	-4,991	-3,573	-3,387	-1,260	-1,683	-1,536
Other Unusual Items	-1,373	2,813	-4,725	-2,915	-2,634	-385
Pretax Income	132,676	136,697	117,478	105,661	91,279	84,297
Income Tax Expense	41,324	41,978	38,328	35,204	27,540	25,288
Earnings From Continuing Operations	91,352	94,719	79,150	70,457	63,739	59,009
Minority Interest in Earnings	-828	-94	-	-893	-120	-204
Net Income	90,524	94,625	79,150	69,564	63,619	58,805
Net Income to Common	90,524	94,625	79,150	69,564	63,619	58,805
Net Income Growth	1.51%	19.55%	13.78%	9.34%	8.19%	18.76%
Shares Outstanding (Basic)	761	761	761	688	668	661
Shares Outstanding (Diluted)	761	761	761	688	668	661
Shares Change (YoY)	0.04%	-0.02%	10.60%	3.01%	1.03%	0.40%
EPS (Basic)	118.93	124.36	104.00	101.10	95.23	88.94
EPS (Diluted)	118.90	124.33	103.97	101.10	95.23	88.94
EPS Growth	1.47%	19.58%	2.84%	6.15%	7.08%	18.29%
Free Cash Flow	-	13,582	-25,000	80,048	-118,333	-58,582
Free Cash Flow Per Share	-	17.85	-32.85	116.33	-177.14	-88.60
Dividend Per Share	53.000	50.000	42.000	39.000	36.000	31.500
Dividend Growth	17.78%	19.05%	7.69%	8.33%	14.29%	23.53%
Gross Margin	41.48%	44.02%	32.97%	34.76%	41.18%	33.42%
Operating Margin	29.83%	32.75%	24.10%	25.61%	29.62%	24.73%
Profit Margin	18.75%	21.20%	15.12%	15.56%	18.73%	16.46%
Free Cash Flow Margin	-	3.04%	-4.78%	17.90%	-34.84%	-16.40%
EBITDA	-	162,486	142,401	130,446	116,463	102,525
EBITDA Margin	-	36.40%	27.21%	29.18%	34.29%	28.70%
D&A For EBITDA	16,348	16,307	16,253	15,939	15,866	14,172
EBIT	144,039	146,179	126,148	114,507	100,597	88,353
EBIT Margin	29.83%	32.75%	24.10%	25.61%	29.62%	24.73%
Effective Tax Rate	31.15%	30.71%	32.63%	33.32%	30.17%	30.00%

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