Thinking Electronic Industrial Co., Ltd. (TPE:2428)

TPE:2428 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,960	7,520	7,077	7,463	7,500	5,920
Revenue Growth (YoY)	12.86%	6.25%	-5.17%	-0.50%	26.69%	1.82%
Cost of Revenue	4,820	4,540	4,333	4,830	4,261	3,206
Gross Profit	3,139	2,980	2,744	2,633	3,239	2,715
Selling, General & Admin	803.31	797.58	783.69	902.17	818.57	644.52
Research & Development	404.64	409.96	360.71	326.4	298.07	225.07
Operating Expenses	1,202	1,206	1,151	1,233	1,115	871.46
Operating Income	1,937	1,774	1,592	1,400	2,125	1,843
Interest Expense	-28.28	-23.88	-16.84	-17.18	-11.57	-9.1
Interest & Investment Income	118.64	139.2	119.51	101.82	88.52	78.71
Currency Exchange Gain (Loss)	107.61	107.61	36.86	240.67	-71.41	-99.94
Other Non Operating Income (Expenses)	-144.22	74.98	7.11	57.48	23.47	57.74
EBT Excluding Unusual Items	1,991	2,072	1,739	1,783	2,154	1,871
Gain (Loss) on Sale of Assets	-6.46	-6.46	-16.53	13.79	5.48	-3.22
Pretax Income	1,984	2,065	1,723	1,797	2,159	1,867
Income Tax Expense	557.03	532.29	411.39	406.77	568.71	486.73
Earnings From Continuing Operations	1,427	1,533	1,311	1,390	1,591	1,381
Net Income to Company	1,427	1,533	1,311	1,390	1,591	1,381
Minority Interest in Earnings	22.74	17.57	-3.36	-16.15	-13.32	4.41
Net Income	1,450	1,551	1,308	1,374	1,577	1,385
Net Income to Common	1,450	1,551	1,308	1,374	1,577	1,385
Net Income Growth	-1.16%	18.56%	-4.81%	-12.90%	13.88%	24.11%
Shares Outstanding (Basic)	128	128	128	128	128	128
Shares Outstanding (Diluted)	129	129	129	129	129	129
Shares Change (YoY)	0.14%	0.05%	-0.16%	0.04%	0.19%	-0.12%
EPS (Basic)	11.32	12.10	10.21	10.72	12.31	10.81
EPS (Diluted)	11.26	12.05	10.17	10.66	12.25	10.78
EPS Growth	-1.30%	18.49%	-4.60%	-12.98%	13.64%	24.34%
Free Cash Flow	1,486	1,318	1,266	993.91	721.22	974.47
Free Cash Flow Per Share	11.54	10.24	9.85	7.72	5.60	7.58
Dividend Per Share	-	6.100	5.200	5.400	6.300	5.500
Dividend Growth	-	17.31%	-3.70%	-14.29%	14.54%	30.95%
Gross Margin	39.44%	39.63%	38.77%	35.28%	43.19%	45.85%
Operating Margin	24.34%	23.59%	22.50%	18.76%	28.33%	31.13%
Profit Margin	18.22%	20.62%	18.48%	18.41%	21.03%	23.39%
Free Cash Flow Margin	18.67%	17.53%	17.89%	13.32%	9.62%	16.46%
EBITDA	2,327	2,137	1,905	1,710	2,402	2,087
EBITDA Margin	29.23%	28.42%	26.92%	22.92%	32.02%	35.26%
D&A For EBITDA	389.71	363.15	312.72	310.07	276.7	244.35
EBIT	1,937	1,774	1,592	1,400	2,125	1,843
EBIT Margin	24.34%	23.59%	22.50%	18.76%	28.33%	31.13%
Effective Tax Rate	28.07%	25.77%	23.88%	22.64%	26.34%	26.07%

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