First Hotel Co Ltd
TWSE:2706
Income Statement
Earnings Waterfall
First Hotel Co Ltd
Revenue
|
343.3m
TWD
|
Cost of Revenue
|
-78.4m
TWD
|
Gross Profit
|
264.9m
TWD
|
Operating Expenses
|
-29.2m
TWD
|
Operating Income
|
235.6m
TWD
|
Other Expenses
|
65m
TWD
|
Net Income
|
300.7m
TWD
|
Income Statement
First Hotel 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 |
361
N/A
|
362
+0%
|
363
+0%
|
368
+1%
|
369
+0%
|
372
+1%
|
374
+1%
|
368
-2%
|
363
-2%
|
357
-2%
|
345
-3%
|
339
-2%
|
335
-1%
|
332
-1%
|
332
0%
|
331
0%
|
330
0%
|
327
-1%
|
325
-1%
|
327
+1%
|
330
+1%
|
335
+1%
|
342
+2%
|
343
+0%
|
347
+1%
|
337
-3%
|
301
-11%
|
282
-6%
|
265
-6%
|
259
-2%
|
266
+3%
|
251
-6%
|
253
+1%
|
254
+1%
|
267
+5%
|
288
+8%
|
291
+1%
|
317
+9%
|
352
+11%
|
386
+10%
|
343
-11%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(125)
|
(125)
|
(123)
|
(122)
|
(118)
|
(117)
|
(115)
|
(109)
|
(102)
|
(95)
|
(88)
|
(88)
|
(92)
|
(95)
|
(98)
|
(98)
|
(93)
|
(92)
|
(89)
|
(89)
|
(87)
|
(86)
|
(86)
|
(85)
|
(88)
|
(87)
|
(79)
|
(76)
|
(72)
|
(70)
|
(69)
|
(63)
|
(61)
|
(59)
|
(62)
|
(64)
|
(63)
|
(81)
|
(106)
|
(129)
|
(78)
|
|
Gross Profit |
236
N/A
|
237
+1%
|
240
+1%
|
246
+2%
|
251
+2%
|
256
+2%
|
259
+1%
|
260
+0%
|
261
+0%
|
262
+0%
|
258
-2%
|
252
-2%
|
243
-3%
|
237
-2%
|
234
-2%
|
234
+0%
|
236
+1%
|
235
-1%
|
236
+0%
|
238
+1%
|
243
+2%
|
250
+3%
|
256
+3%
|
258
+1%
|
258
+0%
|
250
-3%
|
222
-11%
|
206
-7%
|
193
-6%
|
189
-2%
|
198
+5%
|
188
-5%
|
192
+2%
|
195
+2%
|
205
+5%
|
223
+9%
|
227
+2%
|
236
+4%
|
246
+4%
|
256
+4%
|
265
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(30)
|
(31)
|
(32)
|
(33)
|
(36)
|
(35)
|
(35)
|
(34)
|
(32)
|
(32)
|
(32)
|
(32)
|
(33)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(33)
|
(32)
|
(32)
|
(33)
|
(33)
|
(33)
|
(32)
|
(30)
|
(27)
|
(25)
|
(24)
|
(25)
|
(24)
|
(25)
|
(26)
|
(25)
|
(28)
|
(28)
|
(28)
|
(29)
|
(29)
|
|
Selling, General & Administrative |
(30)
|
(31)
|
(32)
|
(33)
|
(35)
|
(35)
|
(35)
|
(34)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(31)
|
(31)
|
(31)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(30)
|
(28)
|
(26)
|
(23)
|
(22)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(27)
|
(26)
|
(27)
|
(28)
|
(28)
|
|
Depreciation & Amortization |
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Other Operating Expenses |
(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)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Operating Income |
205
N/A
|
206
+0%
|
208
+1%
|
213
+2%
|
215
+1%
|
220
+2%
|
224
+2%
|
225
+1%
|
229
+1%
|
229
+0%
|
226
-2%
|
220
-3%
|
211
-4%
|
205
-2%
|
201
-2%
|
202
+0%
|
204
+1%
|
203
-1%
|
204
+0%
|
206
+1%
|
211
+2%
|
218
+3%
|
224
+3%
|
225
+1%
|
226
+0%
|
217
-4%
|
190
-13%
|
175
-8%
|
165
-6%
|
164
-1%
|
174
+6%
|
163
-6%
|
168
+3%
|
170
+1%
|
179
+5%
|
198
+10%
|
199
+1%
|
208
+4%
|
217
+4%
|
227
+5%
|
236
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
158
|
188
|
228
|
258
|
257
|
285
|
305
|
332
|
320
|
352
|
359
|
367
|
392
|
371
|
377
|
367
|
457
|
468
|
480
|
509
|
476
|
472
|
476
|
476
|
435
|
369
|
225
|
35
|
34
|
(35)
|
(49)
|
16
|
(75)
|
(29)
|
89
|
148
|
168
|
159
|
99
|
103
|
141
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(1)
|
3
|
1
|
1
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
|
Pre-Tax Income |
362
N/A
|
392
+8%
|
435
+11%
|
469
+8%
|
471
+0%
|
504
+7%
|
529
+5%
|
556
+5%
|
546
-2%
|
580
+6%
|
583
+1%
|
585
+0%
|
600
+3%
|
575
-4%
|
577
+0%
|
568
-2%
|
660
+16%
|
669
+1%
|
681
+2%
|
713
+5%
|
685
-4%
|
688
+0%
|
698
+2%
|
702
+0%
|
660
-6%
|
585
-11%
|
417
-29%
|
211
-49%
|
201
-5%
|
131
-35%
|
124
-5%
|
179
+44%
|
93
-48%
|
141
+52%
|
267
+89%
|
343
+28%
|
365
+6%
|
365
0%
|
314
-14%
|
327
+4%
|
375
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(58)
|
(63)
|
(70)
|
(76)
|
(75)
|
(80)
|
(85)
|
(89)
|
(88)
|
(91)
|
(97)
|
(96)
|
(99)
|
(97)
|
(92)
|
(89)
|
(105)
|
(212)
|
(244)
|
(257)
|
(255)
|
(152)
|
(138)
|
(132)
|
(128)
|
(114)
|
(84)
|
(45)
|
(40)
|
(26)
|
(17)
|
(31)
|
(14)
|
(24)
|
(43)
|
(59)
|
(64)
|
(64)
|
(64)
|
(65)
|
(74)
|
|
Income from Continuing Operations |
303
|
329
|
365
|
394
|
396
|
424
|
444
|
467
|
458
|
488
|
486
|
488
|
502
|
478
|
485
|
479
|
555
|
457
|
437
|
456
|
430
|
536
|
560
|
570
|
532
|
471
|
333
|
166
|
161
|
105
|
107
|
148
|
78
|
117
|
225
|
284
|
301
|
301
|
250
|
263
|
301
|
|
Net Income (Common) |
303
N/A
|
329
+8%
|
365
+11%
|
394
+8%
|
396
+1%
|
424
+7%
|
444
+5%
|
467
+5%
|
458
-2%
|
488
+6%
|
486
0%
|
488
+0%
|
502
+3%
|
478
-5%
|
485
+1%
|
479
-1%
|
555
+16%
|
457
-18%
|
437
-4%
|
456
+4%
|
430
-6%
|
536
+25%
|
560
+5%
|
570
+2%
|
532
-7%
|
471
-12%
|
333
-29%
|
166
-50%
|
161
-3%
|
105
-35%
|
107
+2%
|
148
+39%
|
78
-47%
|
117
+49%
|
225
+93%
|
284
+26%
|
301
+6%
|
301
0%
|
250
-17%
|
263
+5%
|
301
+15%
|
|
EPS (Diluted) |
0.6
N/A
|
0.66
+10%
|
0.73
+11%
|
0.79
+8%
|
0.79
N/A
|
0.84
+6%
|
0.88
+5%
|
0.93
+6%
|
0.92
-1%
|
0.98
+7%
|
0.98
N/A
|
1.05
+7%
|
1
-5%
|
0.95
-5%
|
0.97
+2%
|
0.96
-1%
|
1.11
+16%
|
0.92
-17%
|
0.88
-4%
|
0.91
+3%
|
0.86
-5%
|
1.07
+24%
|
1.12
+5%
|
1.14
+2%
|
1.06
-7%
|
0.94
-11%
|
0.67
-29%
|
0.33
-51%
|
0.32
-3%
|
0.21
-34%
|
0.21
N/A
|
0.3
+43%
|
0.16
-47%
|
0.23
+44%
|
0.45
+96%
|
0.57
+27%
|
0.6
+5%
|
0.6
N/A
|
0.5
-17%
|
0.53
+6%
|
0.6
+13%
|