Formosa International Hotels Corp
TWSE:2707
Income Statement
Earnings Waterfall
Formosa International Hotels Corp
Revenue
|
6.8B
TWD
|
Cost of Revenue
|
-4.2B
TWD
|
Gross Profit
|
2.5B
TWD
|
Operating Expenses
|
-674.8m
TWD
|
Operating Income
|
1.9B
TWD
|
Other Expenses
|
-375.2m
TWD
|
Net Income
|
1.5B
TWD
|
Income Statement
Formosa International Hotels Corp
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 |
5 784
N/A
|
5 944
+3%
|
6 162
+4%
|
6 332
+3%
|
6 570
+4%
|
6 680
+2%
|
6 672
0%
|
6 676
+0%
|
6 666
0%
|
6 658
0%
|
6 768
+2%
|
6 856
+1%
|
6 853
0%
|
6 890
+1%
|
6 970
+1%
|
7 005
+0%
|
7 003
0%
|
7 025
+0%
|
6 863
-2%
|
6 676
-3%
|
6 636
-1%
|
6 485
-2%
|
6 524
+1%
|
6 536
+0%
|
6 216
-5%
|
5 688
-8%
|
5 569
-2%
|
5 423
-3%
|
5 608
+3%
|
5 624
+0%
|
5 137
-9%
|
4 931
-4%
|
4 805
-3%
|
4 821
+0%
|
5 287
+10%
|
5 597
+6%
|
5 915
+6%
|
6 472
+9%
|
6 629
+2%
|
6 765
+2%
|
6 773
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 565)
|
(3 729)
|
(3 875)
|
(3 944)
|
(4 119)
|
(4 156)
|
(4 150)
|
(4 240)
|
(4 310)
|
(4 364)
|
(4 466)
|
(4 516)
|
(4 515)
|
(4 540)
|
(4 584)
|
(4 612)
|
(4 636)
|
(4 640)
|
(4 544)
|
(4 425)
|
(4 365)
|
(4 259)
|
(4 300)
|
(4 347)
|
(4 234)
|
(4 008)
|
(3 956)
|
(3 892)
|
(3 941)
|
(4 012)
|
(3 850)
|
(3 598)
|
(3 482)
|
(3 403)
|
(3 480)
|
(3 733)
|
(3 888)
|
(4 118)
|
(4 242)
|
(4 251)
|
(4 245)
|
|
Gross Profit |
2 219
N/A
|
2 214
0%
|
2 287
+3%
|
2 388
+4%
|
2 450
+3%
|
2 524
+3%
|
2 522
0%
|
2 436
-3%
|
2 356
-3%
|
2 293
-3%
|
2 302
+0%
|
2 340
+2%
|
2 338
0%
|
2 351
+1%
|
2 385
+1%
|
2 393
+0%
|
2 367
-1%
|
2 385
+1%
|
2 319
-3%
|
2 251
-3%
|
2 271
+1%
|
2 226
-2%
|
2 224
0%
|
2 189
-2%
|
1 982
-9%
|
1 680
-15%
|
1 612
-4%
|
1 530
-5%
|
1 667
+9%
|
1 611
-3%
|
1 287
-20%
|
1 332
+4%
|
1 323
-1%
|
1 417
+7%
|
1 807
+27%
|
1 865
+3%
|
2 027
+9%
|
2 354
+16%
|
2 387
+1%
|
2 514
+5%
|
2 529
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 007)
|
(991)
|
(1 022)
|
(1 065)
|
(1 086)
|
(1 098)
|
(1 095)
|
(1 046)
|
(1 041)
|
(1 053)
|
(1 052)
|
(1 063)
|
(1 104)
|
(1 102)
|
(1 089)
|
(1 103)
|
(1 103)
|
(1 226)
|
(1 178)
|
(1 118)
|
(1 104)
|
(958)
|
(931)
|
(926)
|
(853)
|
(805)
|
(799)
|
(796)
|
(688)
|
(805)
|
(791)
|
(794)
|
(756)
|
(722)
|
(707)
|
(644)
|
(644)
|
(654)
|
(662)
|
(671)
|
(675)
|
|
Selling, General & Administrative |
(994)
|
(978)
|
(1 009)
|
(1 052)
|
(1 073)
|
(1 086)
|
(1 082)
|
(1 033)
|
(1 028)
|
(1 040)
|
(1 038)
|
(1 049)
|
(1 056)
|
(1 053)
|
(1 072)
|
(1 086)
|
(1 087)
|
(1 206)
|
(1 165)
|
(1 100)
|
(1 096)
|
(954)
|
(921)
|
(913)
|
(843)
|
(798)
|
(795)
|
(794)
|
(800)
|
(804)
|
(791)
|
(794)
|
(756)
|
(722)
|
(707)
|
(644)
|
(644)
|
(655)
|
(662)
|
(671)
|
(676)
|
|
Depreciation & Amortization |
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(16)
|
(19)
|
(19)
|
(18)
|
(17)
|
(14)
|
(14)
|
(12)
|
(9)
|
(6)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
(33)
|
0
|
0
|
0
|
0
|
6
|
0
|
10
|
10
|
4
|
0
|
0
|
0
|
0
|
0
|
112
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
1 212
N/A
|
1 224
+1%
|
1 265
+3%
|
1 323
+5%
|
1 364
+3%
|
1 426
+5%
|
1 428
+0%
|
1 389
-3%
|
1 315
-5%
|
1 241
-6%
|
1 250
+1%
|
1 276
+2%
|
1 233
-3%
|
1 249
+1%
|
1 297
+4%
|
1 290
-1%
|
1 264
-2%
|
1 159
-8%
|
1 141
-2%
|
1 133
-1%
|
1 167
+3%
|
1 268
+9%
|
1 293
+2%
|
1 263
-2%
|
1 129
-11%
|
875
-22%
|
814
-7%
|
734
-10%
|
979
+33%
|
806
-18%
|
495
-39%
|
538
+9%
|
567
+5%
|
695
+23%
|
1 100
+58%
|
1 221
+11%
|
1 382
+13%
|
1 700
+23%
|
1 725
+1%
|
1 843
+7%
|
1 854
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
(8)
|
(14)
|
(17)
|
(41)
|
(40)
|
(62)
|
(69)
|
(49)
|
(82)
|
(74)
|
(88)
|
(103)
|
(46)
|
(22)
|
(9)
|
(2)
|
(40)
|
(41)
|
(30)
|
1
|
215
|
213
|
197
|
164
|
(48)
|
(71)
|
(73)
|
(22)
|
(21)
|
(11)
|
(2)
|
(30)
|
10
|
31
|
31
|
18
|
33
|
43
|
50
|
94
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
(33)
|
0
|
0
|
0
|
0
|
0
|
471
|
471
|
481
|
471
|
0
|
(0)
|
(0)
|
0
|
82
|
109
|
114
|
0
|
71
|
1 715
|
1 733
|
1 740
|
1 701
|
31
|
9
|
2
|
0
|
2
|
1
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
0
|
1
|
1
|
(0)
|
0
|
(1)
|
5
|
10
|
11
|
11
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
|
Total Other Income |
124
|
124
|
101
|
65
|
52
|
54
|
59
|
36
|
37
|
38
|
33
|
30
|
35
|
35
|
41
|
49
|
45
|
55
|
56
|
90
|
131
|
138
|
161
|
161
|
154
|
145
|
136
|
106
|
91
|
158
|
149
|
132
|
112
|
64
|
60
|
43
|
43
|
23
|
24
|
15
|
30
|
|
Pre-Tax Income |
1 345
N/A
|
1 341
0%
|
1 354
+1%
|
1 373
+1%
|
1 377
+0%
|
1 440
+5%
|
1 425
-1%
|
1 358
-5%
|
1 304
-4%
|
1 198
-8%
|
1 178
-2%
|
1 186
+1%
|
1 166
-2%
|
1 238
+6%
|
1 316
+6%
|
1 331
+1%
|
1 307
-2%
|
1 646
+26%
|
1 628
-1%
|
1 674
+3%
|
1 770
+6%
|
1 621
-8%
|
1 672
+3%
|
1 631
-2%
|
1 458
-11%
|
1 066
-27%
|
988
-7%
|
881
-11%
|
1 049
+19%
|
1 014
-3%
|
2 349
+132%
|
2 402
+2%
|
2 389
-1%
|
2 470
+3%
|
1 223
-50%
|
1 304
+7%
|
1 445
+11%
|
1 757
+22%
|
1 794
+2%
|
1 909
+6%
|
1 978
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(243)
|
(247)
|
(249)
|
(235)
|
(234)
|
(232)
|
(221)
|
(174)
|
(169)
|
(155)
|
(154)
|
(217)
|
(215)
|
(229)
|
(245)
|
(244)
|
(239)
|
(263)
|
(268)
|
(276)
|
(284)
|
(261)
|
(259)
|
(246)
|
(220)
|
(173)
|
(164)
|
(148)
|
(178)
|
(134)
|
(179)
|
(162)
|
(163)
|
(249)
|
(220)
|
(288)
|
(324)
|
(372)
|
(384)
|
(382)
|
(393)
|
|
Income from Continuing Operations |
1 102
|
1 094
|
1 105
|
1 138
|
1 143
|
1 208
|
1 203
|
1 184
|
1 135
|
1 043
|
1 024
|
969
|
951
|
1 010
|
1 071
|
1 087
|
1 068
|
1 384
|
1 360
|
1 398
|
1 486
|
1 360
|
1 414
|
1 385
|
1 238
|
893
|
824
|
733
|
870
|
880
|
2 170
|
2 240
|
2 226
|
2 222
|
1 003
|
1 016
|
1 122
|
1 385
|
1 411
|
1 527
|
1 585
|
|
Income to Minority Interest |
6
|
(5)
|
(10)
|
(15)
|
(18)
|
(19)
|
(24)
|
(49)
|
(43)
|
(42)
|
(39)
|
(15)
|
(20)
|
(23)
|
(24)
|
(27)
|
(22)
|
(22)
|
(28)
|
(29)
|
(37)
|
(38)
|
(40)
|
(41)
|
(46)
|
(53)
|
(61)
|
(73)
|
(90)
|
(76)
|
(65)
|
(62)
|
(65)
|
(84)
|
(105)
|
(113)
|
(109)
|
(116)
|
(112)
|
(111)
|
(106)
|
|
Net Income (Common) |
1 108
N/A
|
1 088
-2%
|
1 095
+1%
|
1 123
+3%
|
1 125
+0%
|
1 189
+6%
|
1 179
-1%
|
1 135
-4%
|
1 092
-4%
|
1 001
-8%
|
985
-2%
|
954
-3%
|
931
-2%
|
987
+6%
|
1 047
+6%
|
1 060
+1%
|
1 046
-1%
|
1 362
+30%
|
1 332
-2%
|
1 369
+3%
|
1 450
+6%
|
1 322
-9%
|
1 374
+4%
|
1 344
-2%
|
1 192
-11%
|
840
-30%
|
763
-9%
|
660
-13%
|
781
+18%
|
804
+3%
|
2 105
+162%
|
2 177
+3%
|
2 160
-1%
|
2 138
-1%
|
898
-58%
|
903
+1%
|
1 013
+12%
|
1 269
+25%
|
1 299
+2%
|
1 416
+9%
|
1 479
+4%
|
|
EPS (Diluted) |
8.44
N/A
|
8.19
-3%
|
8.34
+2%
|
8.54
+2%
|
8.54
N/A
|
9.01
+6%
|
8.96
-1%
|
8.6
-4%
|
8.25
-4%
|
7.55
-8%
|
7.27
-4%
|
7.11
-2%
|
6.89
-3%
|
7.32
+6%
|
7.76
+6%
|
7.82
+1%
|
7.71
-1%
|
10.07
+31%
|
9.82
-2%
|
10.06
+2%
|
10.67
+6%
|
9.72
-9%
|
10.07
+4%
|
9.84
-2%
|
8.71
-11%
|
6.16
-29%
|
5.59
-9%
|
4.83
-14%
|
5.71
+18%
|
5.95
+4%
|
16.43
+176%
|
16.46
+0%
|
16.87
+2%
|
16.76
-1%
|
7.03
-58%
|
7.07
+1%
|
7.94
+12%
|
9.94
+25%
|
10.18
+2%
|
11.07
+9%
|
11.57
+5%
|