JSL CONSTRUCTION & DEVELOPMENT CO., LTD.

Balance Sheet JSL Construction & Development Co., Ltd.

Equities

2540

TW0002540002

Real Estate Services

End-of-day quote Taiwan S.E. Other stock markets 2024-09-16			5-day change	1st Jan Change
125.50 ^TWD	+1.21%		-7.49%	+118.13%

Aug. 14	JSL Construction & Development Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
Aug. 12	JSL Construction & Development Co., Ltd. Approves Cash Dividend, Payable on October 18, 2024	CI

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Published financial data: JSL CONSTRUCTION & DEVELOPMENT CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.22B	4.78B	5.52B	4.73B	8.1B
Total Revenues	2.22B	4.78B	5.52B	4.73B	8.1B
Cost of Goods Sold, Total	1.42B	2.73B	3.21B	3.32B	4.78B
Gross Profit	798M	2.04B	2.32B	1.41B	3.32B
Selling General & Admin Expenses, Total	335M	699M	620M	638M	936M
Provision for Bad Debts	-	-	4.18M	15.15M	69.94M
R&D Expenses	35.99M	37.68M	37.58M	40.04M	44.47M
Other Operating Expenses, Total	371M	736M	662M	694M	1.05B
Operating Income	428M	1.31B	1.65B	717M	2.27B
Interest Expense, Total	-164M	-165M	-177M	-255M	-430M
Interest And Investment Income	391K	360K	611K	2.94M	21.84M
Net Interest Expenses	-163M	-164M	-176M	-252M	-408M
Income (Loss) On Equity Invest.	-	-	-	-1.95M	-
Currency Exchange Gains (Loss)	20K	-229K	-450K	5.89M	-842K
Other Non Operating Income (Expenses)	26.47M	51.77M	31.95M	117M	107M
EBT, Excl. Unusual Items	291M	1.2B	1.51B	585M	1.97B
Gain (Loss) On Sale Of Investments	-	-	-	-742K	11.48M
Gain (Loss) On Sale Of Assets	-	-	-	18.74M	-127K
Asset Writedown	-	-114K	-	-	-
Other Unusual Items	-4.08M	-4.02M	745K	-	-
EBT, Incl. Unusual Items	287M	1.19B	1.51B	603M	1.98B
Income Tax Expense	84.36M	285M	378M	158M	474M
Earnings From Continuing Operations	202M	906M	1.13B	445M	1.51B
Net Income to Company	202M	906M	1.13B	445M	1.51B
Minority Interest	224K	-	-	-	-
Net Income - (IS)	203M	906M	1.13B	445M	1.51B
Net Income to Common Incl Extra Items	203M	906M	1.13B	445M	1.51B
Net Income to Common Excl. Extra Items	203M	906M	1.13B	445M	1.51B
Per Share Items
Net EPS - Basic	0.38	1.68	2.1	0.83	2.61
Basic EPS - Continuing Operations	0.38	1.68	2.1	0.83	2.61
Basic Weighted Average Shares Outstanding	539M	539M	539M	539M	579M
Net EPS - Diluted	0.38	1.68	2.1	0.82	2.6
Diluted EPS - Continuing Operations	0.38	1.68	2.1	0.82	2.6
Diluted Weighted Average Shares Outstanding	540M	541M	540M	539M	579M
Normalized Basic EPS	0.34	1.39	1.75	0.68	2.13
Normalized Diluted EPS	0.34	1.38	1.75	0.68	2.12
Dividend Per Share	-	-	1.05	0.74	-
Payout Ratio	-	-	-	126.94	28.86
Supplemental Items
EBITDA	464M	1.31B	1.65B	763M	-
EBITA	428M	1.31B	1.65B	717M	2.27B
EBIT	428M	1.31B	1.65B	717M	2.27B
EBITDAR	465M	1.31B	1.66B	766M	-
Effective Tax Rate - (Ratio)	29.42	23.93	25.03	26.26	23.91
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	82.1M	295M	369M	164M	480M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	2.26M	-9.94M	8.78M	-5.34M	-5.98M
Normalized Net Income	182M	747M	943M	366M	1.23B
Interest Capitalized	25.3M	29.28M	34.58M	71.23M	105M
Interest on Long-Term Debt	17.26M	17.17M	18.48M	32.76M	44.89M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	166M	405M	287M	274M	433M
General and Administrative Expenses	168M	294M	333M	365M	503M
Research And Development Expense From Footnotes	35.99M	37.68M	37.58M	40.04M	44.47M
Net Rental Expense, Total	486K	1.04M	2.44M	3.04M	8.21M
Imputed Operating Lease Interest Expense	112K	218K	446K	604K	2.07M
Imputed Operating Lease Depreciation	374K	822K	1.99M	2.44M	6.14M
Stock-Based Comp., Other (Total)	-	-	-	-	11.52M
Total Stock-Based Compensation	-	-	-	-	11.52M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	262M	488M	1.08B	1.14B	1.69B
Short Term Investments	523M	1.03B	1.49B	2.18B	2.62B
Total Cash And Short Term Investments	785M	1.52B	2.57B	3.32B	4.31B
Accounts Receivable, Total	808M	1.53B	2.06B	1.9B	3.53B
Other Receivables	10.81M	83.74M	20.11M	87.61M	89.38M
Total Receivables	819M	1.61B	2.08B	1.99B	3.62B
Inventory	8.22B	9.81B	12.04B	17.63B	22.93B
Prepaid Expenses	17.91M	17.87M	293M	360M	534M
Other Current Assets, Total	249M	82.71M	124M	302M	500M
Total Current Assets	10.09B	13.05B	17.11B	23.6B	31.89B
Gross Property Plant And Equipment	2.14B	2.19B	2.18B	2.21B	2.21B
Accumulated Depreciation	-67.37M	-144M	-185M	-230M	-266M
Net Property Plant And Equipment	2.07B	2.05B	2B	1.98B	1.94B
Long-term Investments	127M	163M	655M	743M	803M
Other Intangibles, Total	31K	245K	181K	1.3M	1.77M
Deferred Tax Assets Long-Term	25.59M	35.91M	34.03M	39.4M	64.5M
Other Long-Term Assets, Total	396M	503M	605M	745M	860M
Total Assets	12.71B	15.8B	20.41B	27.11B	35.56B
Liabilities
Accounts Payable, Total	902M	1.3B	1.23B	1.91B	3B
Accrued Expenses, Total	3.98M	8.54M	9.26M	11.07M	11.28M
Short-term Borrowings	4.44B	5.29B	6.94B	11.33B	14.07B
Current Portion of Long-Term Debt	303M	3.1M	1.2B	1.18B	1.49B
Current Portion of Leases	31.05M	33.94M	22.58M	29.24M	40.44M
Current Income Taxes Payable	60.37M	256M	209M	111M	378M
Unearned Revenue Current, Total	109M	690M	1.5B	2.6B	4.17B
Other Current Liabilities	237M	379M	472M	618M	615M
Total Current Liabilities	6.08B	7.96B	11.59B	17.8B	23.77B
Long-Term Debt	1.8B	2.09B	2.09B	2.68B	2.32B
Long-Term Leases	406M	414M	402M	413M	410M
Deferred Tax Liability Non Current	6.35M	6.72M	13.63M	13.64M	32.76M
Other Non Current Liabilities	54.47M	58.02M	58.41M	71.74M	81.37M
Total Liabilities	8.35B	10.53B	14.15B	20.97B	26.61B
Common Stock, Total	1.47B	1.47B	1.61B	2.66B	3.92B
Additional Paid In Capital	2.08B	2.08B	1.78B	1.3B	2.22B
Retained Earnings	822M	1.73B	2.86B	2.18B	2.81B
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	4.36B	5.27B	6.26B	6.14B	8.95B
Minority Interest	92K	-	-	-	-
Total Equity	4.36B	5.27B	6.26B	6.14B	8.95B
Total Liabilities And Equity	12.71B	15.8B	20.41B	27.11B	35.56B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	539M	539M	539M	539M	587M
ECS Total Common Shares Outstanding	539M	539M	539M	539M	587M
Book Value / Share	8.1	9.78	11.61	11.39	15.23
Tangible Book Value	4.36B	5.27B	6.26B	6.13B	8.95B
Tangible Book Value Per Share	8.1	9.78	11.61	11.39	15.23
Total Debt	6.97B	7.83B	10.65B	15.63B	18.33B
Net Debt	6.19B	6.31B	8.08B	12.31B	14.02B
Debt Equivalent Oper. Leases	3.89M	8.32M	19.48M	24.31M	65.7M
Minority Interest, Total (Incl. Fin. Div)	92K	-	-	-	-
Equity Method Investments, Total	2.26M	2.26M	2.26M	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	6.35B	5.65B	6.35B	9.11B	7.7B
Inventories - Work In Process, Total	445M	2.26B	3.83B	6.69B	13.56B
Inventories - Finished Goods, Total	1.38B	1.74B	1.46B	1.18B	1.13B
Inventories - Others	41.09M	165M	401M	654M	543M
Land - (BS)	696M	696M	696M	696M	17.7M
Buildings, Total	171M	171M	171M	171M	795M
Machinery, Total	6.64M	9.05M	17.98M	21.6M	26.49M
Accumulated Allowance for Doubtful Accounts (Supple)	4.08M	8.32M	12.5M	27.65M	97.59M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	203M	906M	1.13B	445M	1.51B
Depreciation & Amortization - CF	36.21M	58.64M	57.55M	46.05M	55.17M
Amortization of Goodwill and Intangible Assets - (CF)	186K	136K	221K	402K	1.73M
Depreciation & Amortization, Total	36.39M	58.78M	57.77M	46.45M	56.9M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-18.74M	-127K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	742K	-11.48M
Asset Writedown & Restructuring Costs	-	114K	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	1.95M	-
Stock-Based Compensation (CF)	-	-	-	-	11.52M
Provision and Write-off of Bad Debts	4.08M	4.24M	4.18M	15.15M	69.94M
Other Operating Activities, Total	-665K	162M	-59.98M	-140M	93.33M
Change In Accounts Receivable	-216M	-561M	-549M	68.89M	-1.68B
Change In Inventories	-507M	-1.32B	-2.63B	-5.37B	-5.25B
Change In Accounts Payable	181M	162M	312M	737M	1.08B
Change in Unearned Revenues	69.57M	492M	813M	1.1B	1.57B
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	72.29M	-393M	-605M	-1.05B	-776M
Cash from Operations	-158M	-491M	-1.53B	-4.16B	-3.33B
Capital Expenditure	-1.21M	-32.99M	-10.24M	-3.62M	-7.35M
Sale of Property, Plant, and Equipment	-	-	-	-	314K
Cash Acquisitions	-	48.59M	-	-	-
Sale (Purchase) of Real Estate properties	-79.3M	-75.58M	-82.98M	-72.79M	-65.88M
Sale (Purchase) of Intangible assets	-93K	-350K	-156K	-1.52M	-2.2M
Investment in Marketable and Equity Securities, Total	-8.87M	-34.8M	-593M	-90.54M	-48.34M
Other Investing Activities, Total	19K	8K	-255K	-	-
Cash from Investing	-89.45M	-95.13M	-687M	-168M	-123M
Short Term Debt Issued, Total	3.93B	3.09B	7.27B	14.26B	22.91B
Long-Term Debt Issued, Total	-	-	1.19B	1.07B	358M
Total Debt Issued	3.93B	3.09B	8.47B	15.33B	23.27B
Short Term Debt Repaid, Total	-3.55B	-2.24B	-5.62B	-9.86B	-20.11B
Long-Term Debt Repaid, Total	-24.98M	-40.26M	-38.84M	-530M	-460M
Total Debt Repaid	-3.57B	-2.28B	-5.66B	-10.39B	-20.57B
Issuance of Common Stock	-	-	-	-	1.73B
Common Dividends Paid	-	-	-	-564M	-435M
Common & Preferred Stock Dividends Paid	-	-	-	-564M	-435M
Other Financing Activities, Total	-	3.46M	382K	13.33M	9.63M
Cash from Financing	354M	812M	2.81B	4.39B	4B
Net Change in Cash	106M	226M	596M	58.84M	546M
Supplemental Items
Cash Interest Paid	183M	189M	199M	285M	598M
Cash Income Tax Paid (Refund)	65.44M	98.92M	415M	269M	213M
Levered Free Cash Flow	-150M	-163M	-1.25B	-3.58B	-3.18B
Unlevered Free Cash Flow	-47.65M	-59.98M	-1.14B	-3.42B	-2.91B
Change In Net Working Capital	350M	903M	2.22B	3.91B	4.39B
Net Debt Issued / Repaid	354M	809M	2.81B	4.94B	2.69B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.22	5.74	5.71	1.88	4.53
Return on Total Capital	2.47	6.69	6.89	2.32	5.79
Return On Equity %	4.75	18.81	19.64	7.18	19.99
Return on Common Equity	4.75	18.81	19.64	7.18	19.99
Margin Analysis
Gross Profit Margin %	35.94	42.79	41.94	29.79	41.01
SG&A Margin	15.06	14.62	11.22	13.49	11.55
EBITDA Margin %	20.9	27.39	29.97	16.12	-
EBITA Margin %	19.27	27.38	29.96	15.14	28.06
EBIT Margin %	19.26	27.38	29.96	15.14	28.04
Income From Continuing Operations Margin %	9.11	18.96	20.5	9.39	18.61
Net Income Margin %	9.12	18.96	20.5	9.39	18.61
Net Avail. For Common Margin %	9.12	18.96	20.5	9.39	18.61
Normalized Net Income Margin	8.19	15.64	17.08	7.72	15.2
Levered Free Cash Flow Margin	-6.75	-3.41	-22.63	-75.62	-39.23
Unlevered Free Cash Flow Margin	-2.15	-1.26	-20.62	-72.25	-35.92
Asset Turnover
Asset Turnover	0.18	0.34	0.3	0.2	0.26
Fixed Assets Turnover	1.51	2.32	2.73	2.38	4.13
Receivables Turnover (Average Receivables)