Merry Electronics Co Ltd
TWSE:2439
Income Statement
Earnings Waterfall
Merry Electronics Co Ltd
Revenue
|
37.9B
TWD
|
Cost of Revenue
|
-33B
TWD
|
Gross Profit
|
4.9B
TWD
|
Operating Expenses
|
-3.7B
TWD
|
Operating Income
|
1.2B
TWD
|
Other Expenses
|
443.4m
TWD
|
Net Income
|
1.6B
TWD
|
Income Statement
Merry Electronics Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11 644
N/A
|
12 344
+6%
|
12 785
+4%
|
12 316
-4%
|
12 360
+0%
|
12 047
-3%
|
11 908
-1%
|
12 240
+3%
|
11 826
-3%
|
12 887
+9%
|
14 495
+12%
|
16 939
+17%
|
19 164
+13%
|
20 857
+9%
|
22 409
+7%
|
26 679
+19%
|
26 523
-1%
|
27 864
+5%
|
32 416
+16%
|
35 495
+9%
|
38 767
+9%
|
42 122
+9%
|
41 186
-2%
|
36 398
-12%
|
33 943
-7%
|
30 324
-11%
|
30 359
+0%
|
34 445
+13%
|
37 003
+7%
|
38 726
+5%
|
37 054
-4%
|
36 183
-2%
|
34 466
-5%
|
34 302
0%
|
36 889
+8%
|
35 399
-4%
|
36 511
+3%
|
36 863
+1%
|
35 267
-4%
|
36 690
+4%
|
37 913
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(9 043)
|
(9 393)
|
(9 691)
|
(9 344)
|
(9 487)
|
(9 498)
|
(9 522)
|
(9 845)
|
(9 572)
|
(10 307)
|
(11 457)
|
(13 573)
|
(15 276)
|
(16 680)
|
(18 269)
|
(22 018)
|
(22 345)
|
(24 057)
|
(27 967)
|
(30 770)
|
(33 433)
|
(35 815)
|
(35 193)
|
(31 358)
|
(29 361)
|
(26 363)
|
(26 564)
|
(30 126)
|
(32 458)
|
(34 398)
|
(32 630)
|
(31 808)
|
(29 996)
|
(29 614)
|
(32 171)
|
(30 846)
|
(31 980)
|
(32 298)
|
(30 759)
|
(31 948)
|
(32 978)
|
|
Gross Profit |
2 599
N/A
|
2 949
+13%
|
3 093
+5%
|
2 972
-4%
|
2 872
-3%
|
2 549
-11%
|
2 386
-6%
|
2 395
+0%
|
2 254
-6%
|
2 580
+14%
|
3 038
+18%
|
3 366
+11%
|
3 888
+16%
|
4 177
+7%
|
4 140
-1%
|
4 661
+13%
|
4 178
-10%
|
3 806
-9%
|
4 448
+17%
|
4 725
+6%
|
5 333
+13%
|
6 307
+18%
|
5 993
-5%
|
5 040
-16%
|
4 582
-9%
|
3 961
-14%
|
3 795
-4%
|
4 319
+14%
|
4 545
+5%
|
4 328
-5%
|
4 424
+2%
|
4 375
-1%
|
4 470
+2%
|
4 688
+5%
|
4 718
+1%
|
4 553
-4%
|
4 531
0%
|
4 565
+1%
|
4 508
-1%
|
4 742
+5%
|
4 935
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 224)
|
(1 308)
|
(1 385)
|
(1 533)
|
(1 613)
|
(1 626)
|
(1 665)
|
(1 542)
|
(1 515)
|
(1 623)
|
(1 655)
|
(1 713)
|
(1 748)
|
(1 751)
|
(1 746)
|
(2 088)
|
(2 129)
|
(2 191)
|
(2 408)
|
(2 422)
|
(2 639)
|
(2 918)
|
(2 904)
|
(2 805)
|
(2 754)
|
(2 726)
|
(2 887)
|
(3 178)
|
(3 436)
|
(3 549)
|
(3 545)
|
(3 277)
|
(3 322)
|
(3 212)
|
(3 329)
|
(3 479)
|
(3 527)
|
(3 650)
|
(3 436)
|
(3 604)
|
(3 749)
|
|
Selling, General & Administrative |
(688)
|
(724)
|
(757)
|
(818)
|
(880)
|
(901)
|
(939)
|
(886)
|
(878)
|
(903)
|
(949)
|
(997)
|
(1 007)
|
(1 004)
|
(973)
|
(1 152)
|
(1 151)
|
(1 153)
|
(1 293)
|
(1 271)
|
(1 365)
|
(1 535)
|
(1 500)
|
(1 419)
|
(1 366)
|
(1 283)
|
(1 287)
|
(1 398)
|
(1 498)
|
(1 538)
|
(1 575)
|
(1 498)
|
(1 595)
|
(1 499)
|
(1 545)
|
(1 585)
|
(1 470)
|
(1 558)
|
(1 510)
|
(1 555)
|
(1 583)
|
|
Research & Development |
(515)
|
(560)
|
(598)
|
(688)
|
(702)
|
(690)
|
(695)
|
(631)
|
(610)
|
(647)
|
(683)
|
(689)
|
(711)
|
(713)
|
(738)
|
(896)
|
(954)
|
(994)
|
(1 050)
|
(1 070)
|
(1 155)
|
(1 246)
|
(1 267)
|
(1 267)
|
(1 268)
|
(1 325)
|
(1 482)
|
(1 662)
|
(1 299)
|
(1 372)
|
(1 331)
|
(1 657)
|
(1 601)
|
(1 581)
|
(1 647)
|
(1 756)
|
(1 755)
|
(1 791)
|
(1 789)
|
(1 922)
|
(1 985)
|
|
Depreciation & Amortization |
(20)
|
(23)
|
(29)
|
(27)
|
(31)
|
(35)
|
(31)
|
(25)
|
(25)
|
(21)
|
(22)
|
(27)
|
(31)
|
(34)
|
(35)
|
(41)
|
(41)
|
(42)
|
(63)
|
(81)
|
(117)
|
(137)
|
(138)
|
(118)
|
(120)
|
(119)
|
(118)
|
(118)
|
(116)
|
(117)
|
(117)
|
(121)
|
(126)
|
(131)
|
(137)
|
(139)
|
(140)
|
(139)
|
(136)
|
(127)
|
(116)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
0
|
0
|
0
|
17
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(523)
|
(523)
|
(523)
|
0
|
0
|
0
|
0
|
0
|
(162)
|
(162)
|
0
|
0
|
(66)
|
|
Operating Income |
1 374
N/A
|
1 640
+19%
|
1 707
+4%
|
1 439
-16%
|
1 259
-13%
|
923
-27%
|
721
-22%
|
853
+18%
|
739
-13%
|
957
+29%
|
1 383
+45%
|
1 653
+20%
|
2 140
+29%
|
2 427
+13%
|
2 395
-1%
|
2 572
+7%
|
2 050
-20%
|
1 616
-21%
|
2 041
+26%
|
2 303
+13%
|
2 695
+17%
|
3 389
+26%
|
3 089
-9%
|
2 235
-28%
|
1 829
-18%
|
1 235
-32%
|
908
-27%
|
1 141
+26%
|
1 109
-3%
|
779
-30%
|
879
+13%
|
1 099
+25%
|
1 148
+5%
|
1 476
+29%
|
1 389
-6%
|
1 073
-23%
|
1 005
-6%
|
915
-9%
|
1 072
+17%
|
1 138
+6%
|
1 186
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(11)
|
26
|
79
|
17
|
9
|
31
|
8
|
41
|
105
|
91
|
310
|
203
|
210
|
318
|
1 634
|
1 676
|
1 569
|
1 469
|
367
|
571
|
729
|
1 086
|
792
|
709
|
673
|
290
|
328
|
349
|
401
|
428
|
207
|
257
|
248
|
659
|
682
|
490
|
551
|
266
|
354
|
687
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(47)
|
(51)
|
0
|
422
|
468
|
473
|
491
|
18
|
18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(162)
|
(162)
|
0
|
0
|
0
|
(66)
|
0
|
|
Gain/Loss on Disposition of Assets |
(9)
|
(7)
|
(15)
|
(20)
|
(26)
|
(21)
|
(17)
|
(15)
|
(6)
|
(6)
|
(3)
|
6
|
5
|
1
|
1
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(1)
|
(2)
|
(4)
|
(4)
|
(3)
|
(3)
|
(7)
|
(2)
|
(4)
|
(6)
|
(9)
|
(8)
|
(6)
|
(15)
|
(12)
|
(12)
|
8
|
19
|
19
|
14
|
|
Total Other Income |
38
|
39
|
48
|
61
|
71
|
55
|
48
|
15
|
7
|
24
|
16
|
32
|
31
|
21
|
15
|
38
|
45
|
59
|
75
|
57
|
67
|
98
|
117
|
223
|
227
|
270
|
277
|
241
|
238
|
252
|
309
|
286
|
302
|
369
|
434
|
468
|
482
|
431
|
313
|
440
|
463
|
|
Pre-Tax Income |
1 398
N/A
|
1 663
+19%
|
1 767
+6%
|
1 559
-12%
|
1 320
-15%
|
964
-27%
|
781
-19%
|
813
+4%
|
729
-10%
|
1 080
+48%
|
1 910
+77%
|
2 470
+29%
|
2 853
+15%
|
3 151
+10%
|
2 747
-13%
|
4 257
+55%
|
3 767
-12%
|
3 241
-14%
|
3 584
+11%
|
2 726
-24%
|
3 332
+22%
|
4 215
+27%
|
4 289
+2%
|
3 246
-24%
|
2 760
-15%
|
2 175
-21%
|
1 472
-32%
|
1 703
+16%
|
1 694
-1%
|
1 428
-16%
|
1 610
+13%
|
1 582
-2%
|
1 700
+7%
|
2 086
+23%
|
2 305
+10%
|
2 049
-11%
|
1 964
-4%
|
1 905
-3%
|
1 671
-12%
|
1 885
+13%
|
2 350
+25%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(247)
|
(305)
|
(319)
|
(281)
|
(256)
|
(170)
|
(132)
|
(148)
|
(97)
|
(157)
|
(331)
|
(459)
|
(561)
|
(637)
|
(535)
|
(635)
|
(535)
|
(476)
|
(614)
|
(665)
|
(811)
|
(995)
|
(1 004)
|
(715)
|
(594)
|
(483)
|
(274)
|
(383)
|
(362)
|
(245)
|
(326)
|
(291)
|
(312)
|
(380)
|
(451)
|
(428)
|
(441)
|
(468)
|
(402)
|
(468)
|
(573)
|
|
Income from Continuing Operations |
1 150
|
1 359
|
1 450
|
1 279
|
1 065
|
795
|
648
|
665
|
632
|
922
|
1 578
|
2 011
|
2 291
|
2 512
|
2 211
|
3 622
|
3 231
|
2 765
|
2 970
|
2 061
|
2 520
|
3 220
|
3 285
|
2 531
|
2 166
|
1 692
|
1 198
|
1 319
|
1 332
|
1 183
|
1 284
|
1 291
|
1 388
|
1 707
|
1 853
|
1 621
|
1 523
|
1 437
|
1 269
|
1 418
|
1 776
|
|
Income to Minority Interest |
(10)
|
(25)
|
(34)
|
(34)
|
(30)
|
(21)
|
(17)
|
(24)
|
(18)
|
(17)
|
(12)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(2)
|
3
|
18
|
22
|
28
|
17
|
14
|
15
|
12
|
3
|
(37)
|
(79)
|
(116)
|
(163)
|
(171)
|
(207)
|
(225)
|
(166)
|
(122)
|
(66)
|
(63)
|
(98)
|
(147)
|
|
Net Income (Common) |
1 139
N/A
|
1 333
+17%
|
1 415
+6%
|
1 244
-12%
|
1 036
-17%
|
775
-25%
|
632
-18%
|
641
+1%
|
614
-4%
|
905
+47%
|
1 566
+73%
|
2 011
+28%
|
2 291
+14%
|
2 512
+10%
|
2 211
-12%
|
3 622
+64%
|
3 231
-11%
|
2 765
-14%
|
2 968
+7%
|
2 064
-30%
|
2 539
+23%
|
3 241
+28%
|
3 313
+2%
|
2 549
-23%
|
2 180
-14%
|
1 707
-22%
|
1 210
-29%
|
1 322
+9%
|
1 295
-2%
|
1 104
-15%
|
1 168
+6%
|
1 128
-3%
|
1 218
+8%
|
1 499
+23%
|
1 628
+9%
|
1 455
-11%
|
1 401
-4%
|
1 371
-2%
|
1 206
-12%
|
1 320
+9%
|
1 629
+23%
|
|
EPS (Diluted) |
6.12
N/A
|
7.16
+17%
|
7.6
+6%
|
6.68
-12%
|
5.56
-17%
|
4.16
-25%
|
3.16
-24%
|
3.23
+2%
|
3.33
+3%
|
4.59
+38%
|
7.94
+73%
|
10.08
+27%
|
11.57
+15%
|
12.68
+10%
|
11.16
-12%
|
18.1
+62%
|
16.4
-9%
|
13.96
-15%
|
14.93
+7%
|
10.28
-31%
|
11.37
+11%
|
14.61
+28%
|
14.77
+1%
|
11.33
-23%
|
10.47
-8%
|
7.56
-28%
|
5.36
-29%
|
5.85
+9%
|
6.17
+5%
|
4.87
-21%
|
4.85
0%
|
4.74
-2%
|
5.07
+7%
|
6.23
+23%
|
6.71
+8%
|
5.97
-11%
|
5.75
-4%
|
5.64
-2%
|
4.96
-12%
|
5.39
+9%
|
6.59
+22%
|