Hi-Lai Foods Co., Ltd (TPEX:1268)

Hi-Lai Foods 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	5,986	5,930	4,919	3,757	2,930	3,459
Revenue Growth (YoY)	12.89%	20.56%	30.92%	28.23%	-15.30%	-8.37%
Cost of Revenue	3,246	3,216	2,723	2,230	1,762	1,963
Gross Profit	2,740	2,714	2,196	1,527	1,168	1,497
Selling, General & Admin	2,185	2,154	1,805	1,479	1,215	1,317
Research & Development	27.76	27.12	23.15	18.61	19.03	18.01
Operating Expenses	2,213	2,181	1,828	1,498	1,234	1,335
Operating Income	526.91	532.51	368.19	29.43	-66.23	161.65
Interest Expense	-3.36	-	-	-24.91	-28.08	-27.03
Interest & Investment Income	31.06	30.32	41.29	86.09	69.24	85.27
Earnings From Equity Investments	-	-	-	-	0.06	-12
Currency Exchange Gain (Loss)	1.14	1.14	-0.01	3.57	-0.4	-0.52
Other Non Operating Income (Expenses)	-56.07	-48.04	-12.12	47.97	60.5	42.02
EBT Excluding Unusual Items	499.67	515.93	397.35	142.15	35.09	249.39
Gain (Loss) on Sale of Investments	10.73	10.73	1.07	-	8.53	-
Gain (Loss) on Sale of Assets	-0.46	-0.46	-13	-0.95	-16.74	-3.31
Other Unusual Items	-	-	-	-	61.82	69.98
Pretax Income	509.93	526.2	385.42	141.2	88.71	316.06
Income Tax Expense	99.61	101.34	64.28	11.15	13.36	36.35
Earnings From Continuing Operations	410.33	424.86	321.15	130.05	75.34	279.71
Earnings From Discontinued Operations	-	-	-	-	-	-0.13
Net Income	410.33	424.86	321.15	130.05	75.34	279.58
Net Income to Common	410.33	424.86	321.15	130.05	75.34	279.58
Net Income Growth	4.21%	32.29%	146.94%	72.61%	-73.05%	4.92%
Shares Outstanding (Basic)	42	42	42	42	38	37
Shares Outstanding (Diluted)	42	42	42	42	38	37
Shares Change (YoY)	0.02%	0.06%	0.06%	12.39%	0.86%	0.25%
EPS (Basic)	9.72	10.06	7.61	3.08	2.01	7.51
EPS (Diluted)	9.71	10.05	7.60	3.08	2.00	7.51
EPS Growth	4.27%	32.24%	146.75%	54.00%	-73.36%	4.71%
Free Cash Flow	673.46	483.63	336.06	304.61	154.03	449.02
Free Cash Flow Per Share	15.93	11.44	7.95	7.21	4.10	12.05
Dividend Per Share	-	-	7.000	3.000	3.000	7.000
Dividend Growth	-	-	133.33%	-	-57.14%	-
Gross Margin	45.77%	45.77%	44.65%	40.65%	39.85%	43.27%
Operating Margin	8.80%	8.98%	7.49%	0.78%	-2.26%	4.67%
Profit Margin	6.86%	7.17%	6.53%	3.46%	2.57%	8.08%
Free Cash Flow Margin	11.25%	8.16%	6.83%	8.11%	5.26%	12.98%
EBITDA	746.31	758.65	556.74	214.99	96.25	306.43
EBITDA Margin	12.47%	12.79%	11.32%	5.72%	3.28%	8.86%
D&A For EBITDA	219.4	226.14	188.55	185.56	162.48	144.78
EBIT	526.91	532.51	368.19	29.43	-66.23	161.65
EBIT Margin	8.80%	8.98%	7.49%	0.78%	-2.26%	4.67%
Effective Tax Rate	19.53%	19.26%	16.68%	7.90%	15.07%	11.50%

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