Taiwan Fertilizer Co Ltd
TWSE:1722
Income Statement
Earnings Waterfall
Taiwan Fertilizer Co Ltd
Revenue
|
15B
TWD
|
Cost of Revenue
|
-10.9B
TWD
|
Gross Profit
|
4.1B
TWD
|
Operating Expenses
|
-1.4B
TWD
|
Operating Income
|
2.8B
TWD
|
Other Expenses
|
1.2B
TWD
|
Net Income
|
3.9B
TWD
|
Income Statement
Taiwan Fertilizer Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
16 019
N/A
|
13 634
-15%
|
13 430
-1%
|
13 490
+0%
|
17 510
+30%
|
17 829
+2%
|
18 881
+6%
|
19 558
+4%
|
17 487
-11%
|
16 840
-4%
|
15 585
-7%
|
14 443
-7%
|
12 241
-15%
|
12 298
+0%
|
12 267
0%
|
11 875
-3%
|
11 659
-2%
|
11 585
-1%
|
11 707
+1%
|
11 875
+1%
|
12 215
+3%
|
12 546
+3%
|
12 608
+0%
|
12 678
+1%
|
12 891
+2%
|
12 413
-4%
|
11 835
-5%
|
11 368
-4%
|
10 170
-11%
|
10 091
-1%
|
10 280
+2%
|
10 781
+5%
|
13 659
+27%
|
14 794
+8%
|
15 930
+8%
|
16 573
+4%
|
15 052
-9%
|
14 402
-4%
|
16 687
+16%
|
15 892
-5%
|
15 015
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 771)
|
(13 220)
|
(13 278)
|
(13 514)
|
(14 598)
|
(14 559)
|
(14 737)
|
(14 337)
|
(13 612)
|
(12 852)
|
(12 037)
|
(11 396)
|
(10 235)
|
(10 034)
|
(9 826)
|
(9 305)
|
(9 058)
|
(9 026)
|
(9 077)
|
(9 206)
|
(9 463)
|
(9 847)
|
(9 923)
|
(10 019)
|
(9 859)
|
(9 340)
|
(8 792)
|
(8 324)
|
(7 581)
|
(7 462)
|
(7 646)
|
(8 321)
|
(11 520)
|
(13 065)
|
(14 797)
|
(15 606)
|
(13 760)
|
(13 129)
|
(12 431)
|
(11 462)
|
(10 897)
|
|
Gross Profit |
2 247
N/A
|
414
-82%
|
152
-63%
|
(24)
N/A
|
2 913
N/A
|
3 270
+12%
|
4 144
+27%
|
5 221
+26%
|
3 875
-26%
|
3 989
+3%
|
3 548
-11%
|
3 046
-14%
|
2 006
-34%
|
2 264
+13%
|
2 441
+8%
|
2 570
+5%
|
2 601
+1%
|
2 559
-2%
|
2 630
+3%
|
2 668
+1%
|
2 752
+3%
|
2 699
-2%
|
2 685
-1%
|
2 660
-1%
|
3 031
+14%
|
3 073
+1%
|
3 043
-1%
|
3 044
+0%
|
2 589
-15%
|
2 629
+2%
|
2 634
+0%
|
2 460
-7%
|
2 139
-13%
|
1 729
-19%
|
1 132
-34%
|
967
-15%
|
1 292
+34%
|
1 273
-1%
|
4 255
+234%
|
4 430
+4%
|
4 118
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 459)
|
(1 441)
|
(1 294)
|
(1 235)
|
(1 253)
|
(1 339)
|
(1 452)
|
(1 513)
|
(1 530)
|
(1 479)
|
(1 350)
|
(1 456)
|
(1 411)
|
(1 463)
|
(1 836)
|
(1 806)
|
(1 373)
|
(1 382)
|
(1 399)
|
(1 385)
|
(1 466)
|
(1 587)
|
(1 480)
|
(1 434)
|
(1 405)
|
(1 408)
|
(1 459)
|
(1 467)
|
(1 341)
|
(1 333)
|
(1 449)
|
(1 529)
|
(1 632)
|
(1 763)
|
(1 803)
|
(1 865)
|
(1 781)
|
(1 664)
|
(1 807)
|
(1 690)
|
(1 361)
|
|
Selling, General & Administrative |
(1 413)
|
(1 311)
|
(1 241)
|
(1 181)
|
(1 195)
|
(1 231)
|
(1 389)
|
(1 449)
|
(1 464)
|
(1 410)
|
(1 289)
|
(1 297)
|
(1 345)
|
(1 403)
|
(1 426)
|
(1 379)
|
(1 291)
|
(1 264)
|
(1 283)
|
(1 313)
|
(1 386)
|
(1 427)
|
(1 317)
|
(1 275)
|
(1 339)
|
(1 326)
|
(1 380)
|
(1 387)
|
(1 275)
|
(1 269)
|
(1 385)
|
(1 469)
|
(1 573)
|
(1 681)
|
(1 754)
|
(1 819)
|
(1 738)
|
(1 620)
|
(1 765)
|
(1 649)
|
(1 316)
|
|
Research & Development |
(46)
|
(47)
|
(53)
|
(55)
|
(58)
|
(59)
|
(63)
|
(64)
|
(66)
|
(68)
|
(61)
|
(61)
|
(65)
|
(60)
|
(67)
|
(84)
|
(82)
|
(87)
|
(84)
|
(72)
|
(80)
|
(78)
|
(81)
|
(77)
|
(67)
|
(70)
|
(66)
|
(67)
|
(67)
|
(48)
|
(48)
|
(45)
|
(59)
|
(53)
|
(49)
|
(47)
|
(43)
|
(44)
|
(42)
|
(42)
|
(45)
|
|
Other Operating Expenses |
0
|
(83)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
0
|
0
|
(98)
|
0
|
0
|
(342)
|
(342)
|
0
|
(32)
|
(32)
|
0
|
0
|
(82)
|
(82)
|
(82)
|
0
|
(13)
|
(13)
|
(13)
|
0
|
(16)
|
(16)
|
(16)
|
0
|
(30)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
788
N/A
|
(1 027)
N/A
|
(1 141)
-11%
|
(1 259)
-10%
|
1 660
N/A
|
1 931
+16%
|
2 692
+39%
|
3 708
+38%
|
2 345
-37%
|
2 510
+7%
|
2 198
-12%
|
1 590
-28%
|
596
-63%
|
801
+34%
|
606
-24%
|
765
+26%
|
1 228
+61%
|
1 177
-4%
|
1 231
+5%
|
1 283
+4%
|
1 287
+0%
|
1 112
-14%
|
1 205
+8%
|
1 225
+2%
|
1 626
+33%
|
1 665
+2%
|
1 584
-5%
|
1 576
0%
|
1 248
-21%
|
1 296
+4%
|
1 185
-9%
|
931
-21%
|
507
-45%
|
(35)
N/A
|
(670)
-1 840%
|
(898)
-34%
|
(489)
+46%
|
(390)
+20%
|
2 448
N/A
|
2 740
+12%
|
2 758
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 736
|
1 391
|
1 805
|
1 802
|
1 665
|
1 462
|
1 080
|
1 158
|
1 054
|
697
|
721
|
202
|
(54)
|
219
|
280
|
386
|
754
|
782
|
1 003
|
1 230
|
1 977
|
2 231
|
1 977
|
1 811
|
862
|
1 550
|
1 478
|
1 520
|
1 714
|
1 186
|
1 828
|
2 486
|
3 316
|
3 856
|
4 471
|
4 475
|
3 803
|
3 332
|
2 295
|
1 957
|
1 969
|
|
Non-Reccuring Items |
(83)
|
0
|
(83)
|
(83)
|
(50)
|
0
|
(312)
|
(312)
|
(345)
|
(352)
|
(98)
|
0
|
(357)
|
(350)
|
0
|
0
|
(32)
|
0
|
0
|
(32)
|
(82)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
(30)
|
(30)
|
(48)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(305)
|
|
Gain/Loss on Disposition of Assets |
(3)
|
(2)
|
(3)
|
(3)
|
(8)
|
(5)
|
(86)
|
(78)
|
(71)
|
(68)
|
16
|
7
|
4
|
100
|
99
|
78
|
77
|
(25)
|
(26)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
0
|
(11)
|
(11)
|
(11)
|
(11)
|
0
|
0
|
0
|
(0)
|
0
|
1
|
|
Total Other Income |
194
|
(140)
|
(340)
|
(345)
|
(421)
|
(637)
|
(423)
|
(427)
|
(464)
|
(209)
|
(198)
|
(198)
|
(141)
|
(180)
|
(152)
|
(128)
|
(193)
|
(199)
|
(246)
|
(278)
|
(230)
|
(238)
|
(237)
|
(227)
|
(11)
|
9
|
10
|
28
|
2
|
(3)
|
(3)
|
(22)
|
28
|
7
|
8
|
26
|
(18)
|
17
|
22
|
17
|
(69)
|
|
Pre-Tax Income |
2 632
N/A
|
222
-92%
|
237
+7%
|
111
-53%
|
2 847
+2 458%
|
2 751
-3%
|
2 952
+7%
|
4 049
+37%
|
2 520
-38%
|
2 578
+2%
|
2 639
+2%
|
1 602
-39%
|
47
-97%
|
591
+1 149%
|
832
+41%
|
1 101
+32%
|
1 834
+67%
|
1 734
-5%
|
1 963
+13%
|
2 199
+12%
|
2 950
+34%
|
3 104
+5%
|
2 944
-5%
|
2 808
-5%
|
2 464
-12%
|
3 223
+31%
|
3 073
-5%
|
3 125
+2%
|
2 965
-5%
|
2 480
-16%
|
2 981
+20%
|
3 354
+13%
|
3 792
+13%
|
3 817
+1%
|
3 798
0%
|
3 603
-5%
|
3 296
-9%
|
2 958
-10%
|
4 764
+61%
|
4 714
-1%
|
4 352
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(94)
|
162
|
137
|
151
|
221
|
261
|
180
|
112
|
(93)
|
(127)
|
(40)
|
34
|
(120)
|
(228)
|
(281)
|
(372)
|
(215)
|
(196)
|
(247)
|
(275)
|
(668)
|
(697)
|
(658)
|
(626)
|
(400)
|
(525)
|
(503)
|
(516)
|
(512)
|
(465)
|
(603)
|
(698)
|
(757)
|
(752)
|
(724)
|
(686)
|
(627)
|
(559)
|
(538)
|
(511)
|
(433)
|
|
Income from Continuing Operations |
2 538
|
385
|
374
|
263
|
3 068
|
3 012
|
3 132
|
4 161
|
2 427
|
2 451
|
2 600
|
1 636
|
(73)
|
363
|
551
|
728
|
1 619
|
1 539
|
1 716
|
1 923
|
2 281
|
2 407
|
2 286
|
2 182
|
2 064
|
2 698
|
2 570
|
2 609
|
2 453
|
2 015
|
2 377
|
2 656
|
3 035
|
3 065
|
3 074
|
2 917
|
2 670
|
2 400
|
4 226
|
4 202
|
3 919
|
|
Net Income (Common) |
2 538
N/A
|
385
-85%
|
374
-3%
|
263
-30%
|
3 068
+1 069%
|
3 012
-2%
|
3 132
+4%
|
4 161
+33%
|
2 427
-42%
|
2 451
+1%
|
2 600
+6%
|
1 636
-37%
|
(73)
N/A
|
363
N/A
|
551
+52%
|
728
+32%
|
1 619
+122%
|
1 539
-5%
|
1 716
+12%
|
1 923
+12%
|
2 281
+19%
|
2 407
+5%
|
2 286
-5%
|
2 182
-5%
|
2 064
-5%
|
2 698
+31%
|
2 570
-5%
|
2 609
+2%
|
2 453
-6%
|
2 015
-18%
|
2 377
+18%
|
2 656
+12%
|
3 035
+14%
|
3 065
+1%
|
3 074
+0%
|
2 917
-5%
|
2 670
-8%
|
2 400
-10%
|
4 226
+76%
|
4 202
-1%
|
3 919
-7%
|
|
EPS (Diluted) |
2.6
N/A
|
0.41
-84%
|
0.39
-5%
|
0.27
-31%
|
3.13
+1 059%
|
3.06
-2%
|
3.19
+4%
|
4.24
+33%
|
2.47
-42%
|
2.5
+1%
|
2.65
+6%
|
1.67
-37%
|
-0.07
N/A
|
0.38
N/A
|
0.57
+50%
|
0.75
+32%
|
1.65
+120%
|
1.56
-5%
|
1.74
+12%
|
1.95
+12%
|
2.32
+19%
|
2.45
+6%
|
2.33
-5%
|
2.22
-5%
|
2.1
-5%
|
2.75
+31%
|
2.62
-5%
|
2.66
+2%
|
2.5
-6%
|
2.05
-18%
|
2.42
+18%
|
2.71
+12%
|
3.09
+14%
|
3.12
+1%
|
3.13
+0%
|
2.97
-5%
|
2.72
-8%
|
2.45
-10%
|
4.31
+76%
|
4.28
-1%
|
3.99
-7%
|