Hotai Motor Co Ltd
TWSE:2207
Income Statement
Earnings Waterfall
Hotai Motor Co Ltd
Revenue
|
241.6B
TWD
|
Cost of Revenue
|
-213.1B
TWD
|
Gross Profit
|
28.5B
TWD
|
Operating Expenses
|
-17.4B
TWD
|
Operating Income
|
11.2B
TWD
|
Other Expenses
|
11.7B
TWD
|
Net Income
|
22.9B
TWD
|
Income Statement
Hotai Motor 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 |
146 466
N/A
|
145 950
0%
|
153 282
+5%
|
158 046
+3%
|
160 214
+1%
|
165 908
+4%
|
166 257
+0%
|
160 925
-3%
|
160 608
0%
|
156 470
-3%
|
160 836
+3%
|
165 918
+3%
|
168 887
+2%
|
174 966
+4%
|
169 391
-3%
|
168 074
-1%
|
167 889
0%
|
165 917
-1%
|
169 347
+2%
|
170 982
+1%
|
171 587
+0%
|
165 437
-4%
|
172 615
+4%
|
182 701
+6%
|
195 342
+7%
|
208 891
+7%
|
209 290
+0%
|
211 619
+1%
|
210 221
-1%
|
218 046
+4%
|
225 951
+4%
|
225 283
0%
|
220 384
-2%
|
214 156
-3%
|
203 505
-5%
|
207 418
+2%
|
214 701
+4%
|
219 711
+2%
|
232 608
+6%
|
238 697
+3%
|
241 615
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(128 145)
|
(126 998)
|
(133 584)
|
(137 773)
|
(140 255)
|
(145 344)
|
(145 105)
|
(140 168)
|
(139 403)
|
(135 995)
|
(140 561)
|
(145 259)
|
(148 101)
|
(153 496)
|
(148 143)
|
(146 860)
|
(147 964)
|
(146 292)
|
(149 582)
|
(151 188)
|
(150 487)
|
(146 187)
|
(152 796)
|
(161 942)
|
(172 143)
|
(184 619)
|
(184 906)
|
(186 788)
|
(185 522)
|
(191 996)
|
(198 891)
|
(197 980)
|
(192 777)
|
(186 986)
|
(176 379)
|
(179 882)
|
(186 597)
|
(191 006)
|
(203 754)
|
(210 053)
|
(213 081)
|
|
Gross Profit |
18 322
N/A
|
18 953
+3%
|
19 698
+4%
|
20 272
+3%
|
19 959
-2%
|
20 563
+3%
|
21 153
+3%
|
20 758
-2%
|
21 205
+2%
|
20 476
-3%
|
20 275
-1%
|
20 659
+2%
|
20 785
+1%
|
21 471
+3%
|
21 249
-1%
|
21 215
0%
|
19 925
-6%
|
19 624
-2%
|
19 763
+1%
|
19 791
+0%
|
21 099
+7%
|
19 249
-9%
|
19 819
+3%
|
20 758
+5%
|
23 199
+12%
|
24 271
+5%
|
24 384
+0%
|
24 832
+2%
|
24 700
-1%
|
26 049
+5%
|
27 060
+4%
|
27 303
+1%
|
27 607
+1%
|
27 170
-2%
|
27 126
0%
|
27 536
+2%
|
28 104
+2%
|
28 705
+2%
|
28 853
+1%
|
28 644
-1%
|
28 534
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(10 717)
|
(10 833)
|
(11 093)
|
(11 400)
|
(11 481)
|
(11 709)
|
(11 717)
|
(11 992)
|
(12 084)
|
(12 298)
|
(12 594)
|
(12 700)
|
(12 787)
|
(12 825)
|
(12 968)
|
(13 126)
|
(11 816)
|
(13 156)
|
(13 265)
|
(13 306)
|
(11 836)
|
(14 144)
|
(14 548)
|
(14 823)
|
(12 442)
|
(15 276)
|
(15 162)
|
(15 435)
|
(11 631)
|
(15 452)
|
(16 252)
|
(15 606)
|
(13 256)
|
(14 722)
|
(13 390)
|
(13 425)
|
(13 774)
|
(14 217)
|
(15 209)
|
(16 358)
|
(17 379)
|
|
Selling, General & Administrative |
(10 712)
|
(10 837)
|
(11 094)
|
(11 379)
|
(11 470)
|
(11 673)
|
(11 658)
|
(11 968)
|
(12 056)
|
(12 310)
|
(12 593)
|
(12 298)
|
(11 198)
|
(11 795)
|
(11 832)
|
(12 396)
|
(12 810)
|
(13 078)
|
(13 336)
|
(13 409)
|
(14 048)
|
(14 264)
|
(14 719)
|
(15 119)
|
(15 474)
|
(15 558)
|
(15 547)
|
(15 798)
|
(15 604)
|
(15 866)
|
(16 278)
|
(16 568)
|
(17 155)
|
(17 604)
|
(17 449)
|
(17 527)
|
(17 864)
|
(18 558)
|
(19 795)
|
(20 957)
|
(22 006)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(18)
|
(26)
|
(47)
|
(53)
|
(57)
|
(62)
|
(56)
|
(57)
|
(54)
|
(59)
|
(61)
|
(67)
|
(81)
|
(79)
|
(97)
|
(92)
|
(84)
|
(92)
|
(95)
|
(65)
|
(80)
|
(85)
|
(111)
|
(116)
|
(109)
|
(111)
|
(123)
|
(122)
|
(131)
|
(139)
|
(136)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(5)
|
3
|
1
|
(20)
|
(10)
|
(36)
|
(57)
|
(22)
|
(28)
|
21
|
18
|
(375)
|
(1 543)
|
(977)
|
(1 079)
|
(658)
|
1 050
|
(21)
|
125
|
162
|
2 273
|
187
|
252
|
375
|
3 128
|
374
|
469
|
454
|
4 069
|
479
|
107
|
1 046
|
4 011
|
2 998
|
4 168
|
4 213
|
4 213
|
4 464
|
4 717
|
4 738
|
4 763
|
|
Operating Income |
7 605
N/A
|
8 120
+7%
|
8 606
+6%
|
8 874
+3%
|
8 478
-4%
|
8 855
+4%
|
9 436
+7%
|
8 766
-7%
|
9 121
+4%
|
8 178
-10%
|
7 681
-6%
|
7 959
+4%
|
7 998
+0%
|
8 644
+8%
|
8 279
-4%
|
8 087
-2%
|
8 109
+0%
|
6 468
-20%
|
6 499
+0%
|
6 487
0%
|
9 264
+43%
|
5 106
-45%
|
5 271
+3%
|
5 936
+13%
|
10 757
+81%
|
8 996
-16%
|
9 221
+3%
|
9 397
+2%
|
13 069
+39%
|
10 597
-19%
|
10 808
+2%
|
11 697
+8%
|
14 351
+23%
|
12 448
-13%
|
13 736
+10%
|
14 111
+3%
|
14 329
+2%
|
14 488
+1%
|
13 644
-6%
|
12 286
-10%
|
11 155
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 439
|
1 275
|
1 556
|
1 980
|
2 209
|
2 611
|
2 689
|
2 547
|
2 412
|
2 996
|
3 697
|
4 300
|
4 990
|
5 211
|
5 124
|
5 359
|
6 473
|
7 282
|
7 878
|
8 230
|
7 388
|
9 339
|
9 799
|
10 602
|
9 736
|
9 792
|
9 931
|
10 262
|
11 246
|
12 797
|
13 967
|
14 190
|
14 635
|
14 426
|
13 867
|
14 958
|
15 902
|
16 182
|
18 258
|
19 485
|
20 290
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 309)
|
(16)
|
(22)
|
42
|
(1 755)
|
111
|
104
|
41
|
(3 117)
|
(99)
|
(87)
|
(86)
|
(3 850)
|
(314)
|
(433)
|
(1 142)
|
(4 126)
|
(2 977)
|
(4 021)
|
(14 985)
|
(35 360)
|
(40 965)
|
(42 929)
|
(32 397)
|
(12 625)
|
|
Gain/Loss on Disposition of Assets |
44
|
20
|
(22)
|
(32)
|
2
|
2
|
3
|
2
|
(16)
|
(14)
|
(14)
|
(12)
|
2
|
2
|
4
|
8
|
18
|
10
|
14
|
24
|
34
|
44
|
39
|
27
|
36
|
41
|
50
|
53
|
31
|
29
|
25
|
24
|
20
|
15
|
9
|
6
|
23
|
11
|
100
|
178
|
187
|
|
Total Other Income |
1 484
|
1 418
|
1 470
|
1 295
|
1 540
|
1 591
|
1 333
|
1 770
|
1 704
|
1 692
|
1 939
|
1 659
|
1 557
|
1 339
|
1 165
|
1 030
|
994
|
486
|
421
|
183
|
264
|
247
|
126
|
(76)
|
(38)
|
85
|
230
|
510
|
629
|
166
|
62
|
(56)
|
91
|
348
|
(4 971)
|
(13 822)
|
(9 529)
|
(3 638)
|
4 565
|
14 228
|
10 492
|
|
Pre-Tax Income |
10 571
N/A
|
10 831
+2%
|
11 608
+7%
|
12 116
+4%
|
12 228
+1%
|
13 058
+7%
|
13 461
+3%
|
13 084
-3%
|
13 221
+1%
|
12 850
-3%
|
13 302
+4%
|
13 905
+5%
|
14 547
+5%
|
15 198
+4%
|
14 574
-4%
|
14 486
-1%
|
14 284
-1%
|
14 232
0%
|
14 791
+4%
|
14 967
+1%
|
15 195
+2%
|
14 847
-2%
|
15 339
+3%
|
16 529
+8%
|
17 373
+5%
|
18 815
+8%
|
19 346
+3%
|
20 136
+4%
|
21 125
+5%
|
23 275
+10%
|
24 429
+5%
|
24 714
+1%
|
24 971
+1%
|
24 260
-3%
|
18 620
-23%
|
268
-99%
|
(14 635)
N/A
|
(13 922)
+5%
|
(6 362)
+54%
|
13 780
N/A
|
29 499
+114%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 938)
|
(2 020)
|
(1 915)
|
(1 945)
|
(1 936)
|
(2 008)
|
(2 375)
|
(2 271)
|
(2 338)
|
(2 250)
|
(2 199)
|
(2 358)
|
(2 488)
|
(2 635)
|
(2 714)
|
(2 717)
|
(2 719)
|
(3 066)
|
(3 237)
|
(3 422)
|
(3 595)
|
(3 425)
|
(3 387)
|
(3 592)
|
(3 788)
|
(4 063)
|
(4 234)
|
(4 434)
|
(4 590)
|
(4 993)
|
(5 044)
|
(5 356)
|
(5 413)
|
(5 281)
|
(4 474)
|
(3 251)
|
(1 111)
|
(1 145)
|
(910)
|
(1 090)
|
(3 368)
|
|
Income from Continuing Operations |
8 633
|
8 811
|
9 694
|
10 171
|
10 293
|
11 051
|
11 086
|
10 815
|
10 882
|
10 601
|
11 104
|
11 548
|
12 059
|
12 564
|
11 861
|
11 769
|
11 565
|
11 166
|
11 554
|
11 545
|
11 600
|
11 422
|
11 951
|
12 938
|
13 585
|
14 752
|
15 112
|
15 702
|
16 535
|
18 282
|
19 385
|
19 358
|
19 558
|
18 979
|
14 145
|
(2 984)
|
(15 746)
|
(15 066)
|
(7 272)
|
12 690
|
26 130
|
|
Income to Minority Interest |
(984)
|
(1 026)
|
(1 072)
|
(1 085)
|
(1 097)
|
(1 140)
|
(1 154)
|
(1 092)
|
(1 106)
|
(1 102)
|
(1 178)
|
(1 270)
|
(1 319)
|
(1 363)
|
(1 384)
|
(1 454)
|
(1 449)
|
(1 480)
|
(1 539)
|
(1 537)
|
(1 574)
|
(1 603)
|
(1 643)
|
(1 724)
|
(1 816)
|
(2 020)
|
(2 179)
|
(2 455)
|
(2 686)
|
(2 896)
|
(3 095)
|
(3 171)
|
(3 347)
|
(3 479)
|
(3 609)
|
(3 645)
|
(3 584)
|
(3 494)
|
(3 427)
|
(3 393)
|
(3 273)
|
|
Net Income (Common) |
7 650
N/A
|
7 786
+2%
|
8 623
+11%
|
9 087
+5%
|
9 196
+1%
|
9 911
+8%
|
9 932
+0%
|
9 721
-2%
|
9 777
+1%
|
9 498
-3%
|
9 925
+4%
|
10 278
+4%
|
10 740
+4%
|
11 202
+4%
|
10 479
-6%
|
10 317
-2%
|
10 116
-2%
|
9 686
-4%
|
10 013
+3%
|
10 006
0%
|
10 026
+0%
|
9 818
-2%
|
10 308
+5%
|
11 214
+9%
|
11 769
+5%
|
12 732
+8%
|
12 932
+2%
|
13 247
+2%
|
13 849
+5%
|
15 386
+11%
|
16 290
+6%
|
16 187
-1%
|
16 211
+0%
|
15 500
-4%
|
10 536
-32%
|
(6 629)
N/A
|
(19 330)
-192%
|
(18 560)
+4%
|
(10 700)
+42%
|
9 298
N/A
|
22 858
+146%
|
|
EPS (Diluted) |
13.99
N/A
|
14.26
+2%
|
15.79
+11%
|
16.64
+5%
|
16.83
+1%
|
18.15
+8%
|
18.19
+0%
|
17.79
-2%
|
17.89
+1%
|
17.38
-3%
|
18.16
+4%
|
18.82
+4%
|
19.65
+4%
|
20.49
+4%
|
19.19
-6%
|
18.88
-2%
|
18.51
-2%
|
17.7
-4%
|
18.33
+4%
|
18.32
0%
|
18.34
+0%
|
17.97
-2%
|
18.86
+5%
|
20.52
+9%
|
21.54
+5%
|
23.31
+8%
|
23.67
+2%
|
24.25
+2%
|
24.84
+2%
|
28.16
+13%
|
29.82
+6%
|
29.63
-1%
|
29.08
-2%
|
28.37
-2%
|
19.28
-32%
|
-11.89
N/A
|
-34.7
-192%
|
-33.3
+4%
|
-19.21
+42%
|
16.68
N/A
|
41
+146%
|