Shin-Etsu Chemical Co., Ltd. (TYO: 4063)

Shin-Etsu Chemical Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	2,485,495	2,414,937	2,808,824	2,074,428	1,496,906	1,543,525
Revenue Growth (YoY)	-4.23%	-14.02%	35.40%	38.58%	-3.02%	-3.17%
Cost of Revenue	1,539,833	1,503,728	1,594,717	1,206,425	953,203	987,782
Gross Profit	945,662	911,209	1,214,107	868,003	543,703	555,743
Selling, General & Admin	215,108	204,441	213,090	188,677	149,337	147,735
Operating Expenses	220,838	210,171	215,905	195,320	151,489	149,702
Operating Income	724,824	701,038	998,202	672,683	392,214	406,041
Interest Expense	-1,501	-1,501	-1,490	-	-728	-749
Interest & Investment Income	84,133	67,959	16,575	-	12,433	18,165
Earnings From Equity Investments	-	-	9,522	7,140	5,364	4,327
Currency Exchange Gain (Loss)	-8,875	13,648	-3,195	14,265	-	-5,650
Other Non Operating Income (Expenses)	5,112	8,310	5,506	3,159	-2,230	-3,892
EBT Excluding Unusual Items	803,693	789,454	1,025,120	697,247	407,053	418,242
Gain (Loss) on Sale of Investments	14,159	19,178	-	-	-	7,774
Gain (Loss) on Sale of Assets	-1,048	-2,226	-4,910	-1,111	-1,954	-
Other Unusual Items	-10,732	-10,733	-	-	-2,955	-
Pretax Income	806,072	795,673	1,020,210	696,136	402,144	426,016
Income Tax Expense	244,850	230,513	256,590	171,105	102,968	107,726
Earnings From Continuing Operations	561,222	565,160	763,620	525,031	299,176	318,290
Minority Interest in Earnings	-48,404	-45,020	-55,382	-24,914	-5,444	-4,263
Net Income	512,818	520,140	708,238	500,117	293,732	314,027
Net Income to Common	512,818	520,140	708,238	500,117	293,732	314,027
Net Income Growth	-16.93%	-26.56%	41.61%	70.26%	-6.46%	1.59%
Shares Outstanding (Basic)	1,993	2,005	2,036	2,077	2,078	2,079
Shares Outstanding (Diluted)	1,995	2,007	2,037	2,079	2,079	2,080
Shares Change (YoY)	-1.18%	-1.49%	-2.00%	-0.02%	-0.01%	-2.33%
EPS (Basic)	257.35	259.41	347.84	240.76	141.35	151.03
EPS (Diluted)	257.05	259.13	347.61	240.55	141.25	151.00
EPS Growth	-15.94%	-25.45%	44.51%	70.30%	-6.46%	4.01%
Free Cash Flow	391,592	380,766	492,496	357,753	164,981	144,019
Free Cash Flow Per Share	196.30	189.72	241.73	172.08	79.34	69.25
Dividend Per Share	50.000	100.000	100.000	80.000	50.000	44.000
Dividend Growth	-66.67%	0%	25.00%	60.00%	13.64%	10.00%
Gross Margin	38.05%	37.73%	43.22%	41.84%	36.32%	36.00%
Operating Margin	29.16%	29.03%	35.54%	32.43%	26.20%	26.31%
Profit Margin	20.63%	21.54%	25.21%	24.11%	19.62%	20.34%
Free Cash Flow Margin	15.76%	15.77%	17.53%	17.25%	11.02%	9.33%
EBITDA	952,766	928,657	1,211,834	841,471	536,021	537,213
EBITDA Margin	38.33%	38.45%	43.14%	40.56%	35.81%	34.80%
D&A For EBITDA	227,942	227,619	213,632	168,788	143,807	131,172
EBIT	724,824	701,038	998,202	672,683	392,214	406,041
EBIT Margin	29.16%	29.03%	35.54%	32.43%	26.20%	26.31%
Effective Tax Rate	30.38%	28.97%	25.15%	24.58%	25.60%	25.29%

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