Niching Industrial Corporation (TPEX:3444)

Niching 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	1,217	1,153	976.4	1,060	1,219	964.46
Revenue Growth (YoY)	21.21%	18.14%	-7.92%	-13.00%	26.38%	19.98%
Cost of Revenue	922.08	868.56	720.64	749.45	908.46	694.98
Gross Profit	294.49	284.93	255.76	310.95	310.46	269.47
Selling, General & Admin	172.53	170.72	145.51	155.04	139.84	131.58
Research & Development	34.48	32.76	34.71	31.25	25.75	21.19
Operating Expenses	210.18	206.63	180.48	186.89	159.89	150.79
Operating Income	84.31	78.29	75.28	124.06	150.57	118.69
Interest Expense	-0.53	-0.52	-1.07	-2.04	-2.78	-2.67
Interest & Investment Income	7.99	7.78	8.33	4.87	2.34	2.34
Earnings From Equity Investments	33.2	31.67	18.91	59.97	15.15	20.16
Currency Exchange Gain (Loss)	20.8	20.8	1.29	40.74	-6.7	-19.36
Other Non Operating Income (Expenses)	-0.4	5.46	9.09	6.53	7.29	5.55
EBT Excluding Unusual Items	145.37	143.48	111.84	234.12	165.88	124.7
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.5
Gain (Loss) on Sale of Assets	-	-	-	-	-0.02	-0.01
Pretax Income	148.57	143.48	111.84	234.12	165.86	125.2
Income Tax Expense	36.55	36.03	18.3	38.15	31.43	18.76
Net Income	112.02	107.45	93.55	195.98	134.43	106.43
Net Income to Common	112.02	107.45	93.55	195.98	134.43	106.43
Net Income Growth	8.37%	14.87%	-52.27%	45.78%	26.30%	1.58%
Shares Outstanding (Basic)	45	45	44	40	40	40
Shares Outstanding (Diluted)	45	45	44	40	40	40
Shares Change (YoY)	0.21%	2.17%	10.08%	0.15%	-0.15%	-0.08%
EPS (Basic)	2.49	2.39	2.12	4.91	3.37	2.67
EPS (Diluted)	2.48	2.38	2.12	4.88	3.35	2.65
EPS Growth	8.18%	12.26%	-56.58%	45.62%	26.66%	1.51%
Free Cash Flow	25.26	12.17	149.24	101.44	232.32	37.56
Free Cash Flow Per Share	0.56	0.27	3.38	2.53	5.80	0.94
Dividend Per Share	2.000	2.000	2.255	3.725	2.255	1.765
Dividend Growth	-11.30%	-11.30%	-39.47%	65.22%	27.78%	-
Gross Margin	24.21%	24.70%	26.19%	29.32%	25.47%	27.94%
Operating Margin	6.93%	6.79%	7.71%	11.70%	12.35%	12.31%
Profit Margin	9.21%	9.31%	9.58%	18.48%	11.03%	11.04%
Free Cash Flow Margin	2.08%	1.05%	15.29%	9.57%	19.06%	3.89%
EBITDA	97.65	91.41	87.75	136.29	161.52	127.06
EBITDA Margin	8.03%	7.92%	8.99%	12.85%	13.25%	13.17%
D&A For EBITDA	13.34	13.12	12.47	12.23	10.95	8.37
EBIT	84.31	78.29	75.28	124.06	150.57	118.69
EBIT Margin	6.93%	6.79%	7.71%	11.70%	12.35%	12.31%
Effective Tax Rate	24.60%	25.11%	16.36%	16.29%	18.95%	14.99%
Revenue as Reported	1,217	1,153	976.4	1,060	1,219	964.46
Advertising Expenses	-	103.06	76.88	-	-	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.