
Formosa Laboratories Inc
TWSE:4746

Income Statement
Earnings Waterfall
Formosa Laboratories Inc
Revenue
|
4.6B
TWD
|
Cost of Revenue
|
-2.6B
TWD
|
Gross Profit
|
2B
TWD
|
Operating Expenses
|
-1.3B
TWD
|
Operating Income
|
701.6m
TWD
|
Other Expenses
|
-308.8m
TWD
|
Net Income
|
392.9m
TWD
|
Income Statement
Formosa Laboratories Inc
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 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 710
N/A
|
2 496
-8%
|
2 416
-3%
|
2 115
-12%
|
2 252
+6%
|
2 597
+15%
|
2 813
+8%
|
3 225
+15%
|
3 280
+2%
|
3 189
-3%
|
3 022
-5%
|
2 793
-8%
|
2 651
-5%
|
2 539
-4%
|
2 575
+1%
|
2 600
+1%
|
2 659
+2%
|
2 688
+1%
|
2 729
+2%
|
2 630
-4%
|
2 735
+4%
|
2 760
+1%
|
2 768
+0%
|
2 962
+7%
|
2 987
+1%
|
3 075
+3%
|
3 149
+2%
|
3 189
+1%
|
3 064
-4%
|
3 142
+3%
|
3 241
+3%
|
3 252
+0%
|
3 586
+10%
|
3 766
+5%
|
3 863
+3%
|
4 111
+6%
|
4 216
+3%
|
4 360
+3%
|
4 563
+5%
|
4 690
+3%
|
4 592
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 992)
|
(1 810)
|
(1 693)
|
(1 443)
|
(1 594)
|
(1 791)
|
(1 885)
|
(2 101)
|
(2 047)
|
(1 932)
|
(1 810)
|
(1 613)
|
(1 557)
|
(1 534)
|
(1 612)
|
(1 709)
|
(1 776)
|
(1 774)
|
(1 892)
|
(1 858)
|
(1 887)
|
(1 934)
|
(1 894)
|
(2 016)
|
(2 081)
|
(2 130)
|
(2 171)
|
(2 194)
|
(2 098)
|
(2 171)
|
(2 236)
|
(2 221)
|
(2 378)
|
(2 375)
|
(2 316)
|
(2 357)
|
(2 372)
|
(2 437)
|
(2 509)
|
(2 612)
|
(2 577)
|
|
Gross Profit |
718
N/A
|
687
-4%
|
723
+5%
|
672
-7%
|
658
-2%
|
806
+23%
|
927
+15%
|
1 123
+21%
|
1 233
+10%
|
1 257
+2%
|
1 212
-4%
|
1 180
-3%
|
1 094
-7%
|
1 006
-8%
|
964
-4%
|
892
-7%
|
883
-1%
|
914
+4%
|
837
-8%
|
772
-8%
|
848
+10%
|
825
-3%
|
874
+6%
|
946
+8%
|
906
-4%
|
945
+4%
|
979
+4%
|
995
+2%
|
966
-3%
|
971
+1%
|
1 005
+3%
|
1 031
+3%
|
1 208
+17%
|
1 390
+15%
|
1 547
+11%
|
1 754
+13%
|
1 844
+5%
|
1 923
+4%
|
2 054
+7%
|
2 078
+1%
|
2 015
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(431)
|
(413)
|
(429)
|
(428)
|
(427)
|
(480)
|
(511)
|
(557)
|
(586)
|
(594)
|
(584)
|
(596)
|
(618)
|
(628)
|
(705)
|
(767)
|
(810)
|
(854)
|
(875)
|
(845)
|
(826)
|
(801)
|
(800)
|
(901)
|
(942)
|
(917)
|
(971)
|
(995)
|
(1 035)
|
(1 139)
|
(1 155)
|
(1 117)
|
(1 142)
|
(1 227)
|
(1 198)
|
(1 255)
|
(1 300)
|
(1 248)
|
(1 325)
|
(1 341)
|
(1 313)
|
|
Selling, General & Administrative |
(244)
|
(233)
|
(241)
|
(232)
|
(235)
|
(271)
|
(282)
|
(314)
|
(320)
|
(322)
|
(322)
|
(333)
|
(326)
|
(329)
|
(343)
|
(340)
|
(386)
|
(390)
|
(403)
|
(391)
|
(360)
|
(350)
|
(339)
|
(382)
|
(390)
|
(365)
|
(408)
|
(411)
|
(394)
|
(436)
|
(392)
|
(351)
|
(391)
|
(446)
|
(414)
|
(461)
|
(461)
|
(404)
|
(477)
|
(496)
|
(498)
|
|
Research & Development |
(188)
|
(180)
|
(187)
|
(196)
|
(192)
|
(209)
|
(233)
|
(247)
|
(270)
|
(272)
|
(260)
|
(261)
|
(288)
|
(288)
|
(348)
|
(408)
|
(402)
|
(442)
|
(451)
|
(432)
|
(444)
|
(429)
|
(439)
|
(497)
|
(530)
|
(531)
|
(447)
|
(469)
|
(526)
|
(683)
|
(742)
|
(745)
|
(729)
|
(759)
|
(764)
|
(773)
|
(818)
|
(825)
|
(828)
|
(825)
|
(796)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(11)
|
(15)
|
(19)
|
(23)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(20)
|
(20)
|
(19)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(95)
|
(95)
|
(95)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
287
N/A
|
274
-4%
|
294
+7%
|
244
-17%
|
231
-5%
|
326
+41%
|
417
+28%
|
567
+36%
|
648
+14%
|
663
+2%
|
629
-5%
|
584
-7%
|
476
-18%
|
378
-21%
|
258
-32%
|
125
-52%
|
72
-42%
|
60
-16%
|
(38)
N/A
|
(72)
-91%
|
22
N/A
|
24
+10%
|
73
+200%
|
45
-39%
|
(35)
N/A
|
28
N/A
|
7
-74%
|
(1)
N/A
|
(69)
-10 545%
|
(168)
-143%
|
(150)
+11%
|
(86)
+42%
|
66
N/A
|
163
+146%
|
348
+113%
|
500
+43%
|
544
+9%
|
675
+24%
|
729
+8%
|
737
+1%
|
702
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
13
|
25
|
(10)
|
(11)
|
33
|
5
|
(6)
|
12
|
(79)
|
(54)
|
(80)
|
(65)
|
(28)
|
(66)
|
127
|
132
|
5
|
83
|
48
|
(71)
|
147
|
(68)
|
(240)
|
411
|
389
|
315
|
1 485
|
1 718
|
1 281
|
1 270
|
(220)
|
(1 042)
|
(271)
|
180
|
408
|
388
|
283
|
(500)
|
(978)
|
(826)
|
(1 212)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
4
|
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
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
|
Total Other Income |
8
|
11
|
8
|
14
|
11
|
10
|
11
|
9
|
7
|
2
|
(1)
|
(2)
|
(2)
|
(0)
|
2
|
4
|
3
|
3
|
3
|
6
|
7
|
4
|
8
|
3
|
13
|
20
|
26
|
(9)
|
(21)
|
(15)
|
(26)
|
11
|
1
|
(10)
|
(6)
|
(6)
|
(538)
|
(33)
|
378
|
378
|
922
|
|
Pre-Tax Income |
308
N/A
|
310
+1%
|
293
-6%
|
246
-16%
|
275
+12%
|
344
+25%
|
420
+22%
|
587
+40%
|
576
-2%
|
612
+6%
|
548
-11%
|
518
-5%
|
447
-14%
|
311
-30%
|
387
+24%
|
261
-33%
|
80
-69%
|
147
+84%
|
14
-91%
|
(139)
N/A
|
175
N/A
|
(40)
N/A
|
(161)
-301%
|
458
N/A
|
366
-20%
|
361
-1%
|
1 518
+320%
|
1 708
+13%
|
1 191
-30%
|
1 088
-9%
|
(396)
N/A
|
(1 118)
-183%
|
(204)
+82%
|
333
N/A
|
751
+125%
|
882
+17%
|
290
-67%
|
142
-51%
|
128
-10%
|
289
+126%
|
411
+42%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(56)
|
(47)
|
(44)
|
(40)
|
(44)
|
(61)
|
(75)
|
(112)
|
(119)
|
(129)
|
(117)
|
(113)
|
(100)
|
(76)
|
(45)
|
(23)
|
(13)
|
(22)
|
(33)
|
(31)
|
(50)
|
(1)
|
(15)
|
15
|
25
|
(32)
|
(33)
|
(48)
|
(46)
|
(44)
|
(50)
|
(67)
|
(98)
|
(116)
|
(148)
|
(171)
|
(193)
|
(195)
|
(210)
|
(193)
|
(155)
|
|
Income from Continuing Operations |
252
|
262
|
248
|
206
|
231
|
282
|
345
|
474
|
457
|
483
|
431
|
404
|
347
|
235
|
342
|
238
|
67
|
125
|
(20)
|
(169)
|
125
|
(41)
|
(176)
|
473
|
391
|
329
|
1 485
|
1 660
|
1 144
|
1 044
|
(446)
|
(1 185)
|
(302)
|
217
|
602
|
710
|
97
|
(52)
|
(82)
|
95
|
255
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
16
|
28
|
36
|
52
|
57
|
61
|
63
|
53
|
54
|
58
|
69
|
71
|
83
|
118
|
148
|
206
|
229
|
215
|
208
|
193
|
182
|
166
|
173
|
179
|
138
|
161
|
137
|
|
Net Income (Common) |
252
N/A
|
262
+4%
|
248
-5%
|
206
-17%
|
231
+12%
|
282
+23%
|
345
+22%
|
474
+38%
|
457
-4%
|
483
+6%
|
431
-11%
|
404
-6%
|
347
-14%
|
239
-31%
|
358
+50%
|
266
-26%
|
103
-61%
|
177
+72%
|
38
-79%
|
(108)
N/A
|
188
N/A
|
12
-94%
|
(122)
N/A
|
531
N/A
|
460
-13%
|
400
-13%
|
1 568
+292%
|
1 778
+13%
|
1 293
-27%
|
1 249
-3%
|
(217)
N/A
|
(970)
-347%
|
(94)
+90%
|
409
N/A
|
785
+92%
|
876
+12%
|
270
-69%
|
126
-53%
|
55
-56%
|
256
+362%
|
393
+53%
|
|
EPS (Diluted) |
2.82
N/A
|
2.87
+2%
|
2.64
-8%
|
2.4
-9%
|
2.45
+2%
|
2.95
+20%
|
3.66
+24%
|
5.04
+38%
|
4.86
-4%
|
5.07
+4%
|
4.57
-10%
|
4.41
-4%
|
3.65
-17%
|
2.47
-32%
|
3.84
+55%
|
2.83
-26%
|
1.04
-63%
|
1.73
+66%
|
0.33
-81%
|
-1.08
N/A
|
1.67
N/A
|
0.12
-93%
|
-1.23
N/A
|
4.44
N/A
|
3.8
-14%
|
3.38
-11%
|
12.89
+281%
|
14.63
+13%
|
10.76
-26%
|
10.28
-4%
|
-1.8
N/A
|
-8.07
-348%
|
-0.78
+90%
|
3.39
N/A
|
6.52
+92%
|
7.26
+11%
|
2.24
-69%
|
1.05
-53%
|
0.45
-57%
|
2.11
+369%
|
3.25
+54%
|