Cash flow Kinik Company

Equities

1560

TW0001560001

Industrial Machinery & Equipment

End-of-day quote Taiwan S.E. Other stock markets 2024-09-09			5-day change	1st Jan Change
306.00 ^TWD	+2.17%		-9.47%	+59.38%

Jul. 31	Kinik Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
Jun. 26	Kinik Company Announces Common Stock Dividend Distribution, Payable on August 02, 2024	CI

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Published financial data: KINIK COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	4.87B	5.16B	6.03B	6.91B	6.38B
Total Revenues	4.87B	5.16B	6.03B	6.91B	6.38B
Cost of Goods Sold, Total	3.44B	3.61B	4.17B	4.38B	4.44B
Gross Profit	1.43B	1.55B	1.86B	2.53B	1.94B
Selling General & Admin Expenses, Total	647M	710M	792M	937M	797M
Provision for Bad Debts	-10.26M	2.13M	2.58M	-3.21M	-524K
R&D Expenses	116M	126M	137M	164M	157M
Other Operating Expenses, Total	753M	838M	931M	1.1B	953M
Operating Income	673M	709M	932M	1.43B	989M
Interest Expense, Total	-7.05M	-17.32M	-41.12M	-39.36M	-42.74M
Interest And Investment Income	1.91M	1.06M	1.18M	6.28M	61.12M
Net Interest Expenses	-5.14M	-16.27M	-39.94M	-33.08M	18.38M
Income (Loss) On Equity Invest.	-27.28M	-20.1M	-30.98M	-6.28M	-7.09M
Currency Exchange Gains (Loss)	-14.52M	-14.46M	-16.1M	109M	28.17M
Other Non Operating Income (Expenses)	45.36M	28.5M	14.3M	57.46M	38.12M
EBT, Excl. Unusual Items	672M	687M	859M	1.56B	1.07B
Gain (Loss) On Sale Of Investments	-	-	22.62M	-2.19M	-8.99M
Gain (Loss) On Sale Of Assets	14.62M	-1.1M	2.21M	1.63M	2.58M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-2M	2M	-	-
EBT, Incl. Unusual Items	686M	684M	886M	1.56B	1.06B
Income Tax Expense	147M	144M	164M	283M	198M
Earnings From Continuing Operations	539M	539M	722M	1.27B	862M
Net Income to Company	539M	539M	722M	1.27B	862M
Minority Interest	-2.52M	-27.14M	-45.1M	-26.96M	-9.98M
Net Income - (IS)	537M	512M	677M	1.25B	852M
Net Income to Common Incl Extra Items	537M	512M	677M	1.25B	852M
Net Income to Common Excl. Extra Items	537M	512M	677M	1.25B	852M
Per Share Items
Net EPS - Basic	3.81	3.63	4.78	8.71	5.91
Basic EPS - Continuing Operations	3.81	3.63	4.78	8.71	5.91
Basic Weighted Average Shares Outstanding	141M	141M	142M	143M	144M
Net EPS - Diluted	3.77	3.6	4.72	8.53	5.84
Diluted EPS - Continuing Operations	3.77	3.6	4.72	8.53	5.84
Diluted Weighted Average Shares Outstanding	142M	142M	143M	146M	146M
Normalized Basic EPS	2.96	2.85	3.47	6.61	4.55
Normalized Diluted EPS	2.93	2.83	3.43	6.48	4.5
Dividend Per Share	-	2.8	2.8	4	-
Payout Ratio	91.95	77.06	58.55	32.09	67.62
Supplemental Items
EBITDA	1.09B	1.21B	1.55B	2.04B	1.58B
EBITA	682M	718M	941M	1.44B	999M
EBIT	673M	709M	932M	1.43B	989M
EBITDAR	1.1B	1.21B	1.56B	2.04B	1.59B
Total Revenues (As Reported)	4.87B	-	-	-	-
Effective Tax Rate - (Ratio)	21.42	21.08	18.53	18.17	18.7
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	141M	132M	154M	270M	207M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	6.12M	12.23M	10.24M	12.99M	-8.8M
Normalized Net Income	417M	402M	492M	947M	657M
Interest Capitalized	7.85M	16.79M	-	-	-
Interest on Long-Term Debt	597K	680K	555K	520K	639K
Non-Cash Pension Expense	4.28M	196K	607K	864K	918K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	374M	443M	530M	635M	501M
General and Administrative Expenses	274M	266M	261M	302M	296M
Research And Development Expense From Footnotes	116M	126M	137M	164M	157M
Net Rental Expense, Total	7.26M	6.02M	6.04M	2.83M	2.7M
Imputed Operating Lease Interest Expense	605K	573K	536K	307K	466K
Imputed Operating Lease Depreciation	6.66M	5.45M	5.51M	2.52M	2.23M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	15.01M	20.6M	17.36M	33.79M	50.08M
Total Stock-Based Compensation	15.01M	20.6M	17.36M	33.79M	50.08M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	707M	714M	1.92B	1.13B	992M
Short Term Investments	-	-	-	-	3M
Total Cash And Short Term Investments	707M	714M	1.92B	1.13B	995M
Accounts Receivable, Total	840M	953M	1.12B	1.09B	1.08B
Other Receivables	21.6M	18.69M	2.6M	5.46M	8.93M
Total Receivables	861M	972M	1.12B	1.1B	1.09B
Inventory	1.37B	1.41B	1.44B	1.81B	1.92B
Prepaid Expenses	76.36M	68.9M	25.51M	24.03M	32.97M
Other Current Assets, Total	10.4M	11.01M	3.99M	4.18M	4.9M
Total Current Assets	3.02B	3.18B	4.51B	4.06B	4.04B
Gross Property Plant And Equipment	6.29B	8.48B	8.63B	8.88B	9.1B
Accumulated Depreciation	-2.7B	-3.17B	-3.69B	-4.28B	-4.82B
Net Property Plant And Equipment	3.58B	5.31B	4.93B	4.6B	4.28B
Long-term Investments	29.21M	69.46M	51.09M	331M	706M
Goodwill	7.39M	7.39M	7.39M	7.39M	7.39M
Deferred Tax Assets Long-Term	65.81M	54.82M	61.2M	35.17M	38.92M
Other Long-Term Assets, Total	1.21B	834M	599M	507M	785M
Total Assets	7.93B	9.45B	10.16B	9.54B	9.86B
Liabilities
Accounts Payable, Total	204M	222M	259M	284M	404M
Accrued Expenses, Total	501M	467M	446M	637M	528M
Short-term Borrowings	820M	400M	700M	100M	955M
Current Portion of Long-Term Debt	-	-	800M	500M	-
Current Portion of Leases	12.76M	12.73M	9.09M	6.82M	7.8M
Current Income Taxes Payable	64.17M	94.59M	148M	236M	137M
Other Current Liabilities	99.21M	148M	174M	219M	218M
Total Current Liabilities	1.7B	1.35B	2.54B	1.98B	2.25B
Long-Term Debt	1.28B	3.1B	2.3B	1.3B	1.01B
Long-Term Leases	58.57M	47.43M	40.55M	38.12M	37.98M
Pension & Other Post Retirement Benefits	205M	154M	167M	73.26M	35.5M
Deferred Tax Liability Non Current	46.39M	49.41M	52.16M	52.56M	49.85M
Other Non Current Liabilities	27.9M	20.48M	14.33M	7.05M	2.48M
Total Liabilities	3.32B	4.72B	5.11B	3.45B	3.39B
Common Stock, Total	1.41B	1.41B	1.43B	1.44B	1.45B
Additional Paid In Capital	256M	69.49M	166M	253M	362M
Retained Earnings	1.58B	1.92B	2.15B	3.05B	3.33B
Comprehensive Income and Other	1.04B	1.02B	1.01B	1.02B	1.02B
Total Common Equity	4.29B	4.42B	4.75B	5.76B	6.17B
Minority Interest	317M	312M	302M	329M	304M
Total Equity	4.61B	4.74B	5.05B	6.09B	6.47B
Total Liabilities And Equity	7.93B	9.45B	10.16B	9.54B	9.86B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	141M	141M	143M	144M	145M
ECS Total Common Shares Outstanding	141M	141M	143M	144M	145M
Book Value / Share	30.42	31.36	33.29	40.09	42.56
Tangible Book Value	4.28B	4.42B	4.74B	5.75B	6.16B
Tangible Book Value Per Share	30.36	31.31	33.24	40.03	42.51
Total Debt	2.17B	3.56B	3.85B	1.94B	2.01B
Net Debt	1.46B	2.85B	1.93B	815M	1.02B
Debt Equivalent of Unfunded Proj. Benefit Obligation	178M	123M	142M	48.2M	9M
Debt Equivalent Oper. Leases	58.12M	48.17M	48.34M	22.61M	21.58M
Minority Interest, Total (Incl. Fin. Div)	317M	312M	302M	329M	304M
Equity Method Investments, Total	29.21M	69.46M	51.09M	49.96M	43.44M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	541M	537M	552M	675M	735M
Inventories - Work In Process, Total	192M	214M	183M	289M	329M
Inventories - Finished Goods, Total	460M	601M	651M	784M	800M
Inventories - Others	176M	61.3M	57.39M	59.54M	58.06M
Land - (BS)	929M	1.26B	1.25B	1.25B	1.25B
Buildings, Total	1.48B	2.38B	2.37B	2.38B	2.39B
Machinery, Total	2.93B	4.76B	4.96B	5.2B	5.42B
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	7.22M	9.96M	10.38M	2.55M	2M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	537M	512M	677M	1.25B	852M
Depreciation & Amortization - CF	424M	503M	621M	609M	597M
Amortization of Goodwill and Intangible Assets - (CF)	8.89M	8.72M	9.53M	9.58M	9.63M
Depreciation & Amortization, Total	433M	512M	631M	618M	607M
(Gain) Loss From Sale Of Asset	-14.62M	1.1M	-7.12M	131K	-2.58M
(Gain) Loss on Sale of Investments - (CF)	-	-	-22.62M	2.19M	8.99M
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	27.28M	20.1M	30.98M	6.28M	7.09M
Stock-Based Compensation (CF)	15.01M	20.6M	17.36M	33.79M	50.08M
Provision and Write-off of Bad Debts	-10.26M	4.13M	581K	-3.21M	-524K
Other Operating Activities, Total	24.62M	92.16M	188M	162M	-43.77M
Change In Accounts Receivable	170M	-114M	-126M	7.1M	-3.47M
Change In Inventories	-128M	-85.69M	-127M	-387M	-164M
Change In Accounts Payable	-39.32M	17.5M	36.04M	25.34M	122M
Change in Other Net Operating Assets	-16.99M	-8.99M	-36.64M	238M	-144M
Cash from Operations	997M	971M	1.26B	1.95B	1.29B
Capital Expenditure	-	-1.59B	-256M	-192M	-532M
Sale of Property, Plant, and Equipment	19.87M	80K	2.86M	2.49M	3.07M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-1.55B	-281M	-	-	-
Sale (Purchase) of Intangible assets	18.51M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-81M	-55M	35.8M	-295M	-394M
Other Investing Activities, Total	-27.01M	-2.75M	237M	-1.54M	-13.79M
Cash from Investing	-1.62B	-1.93B	20.2M	-485M	-937M
Short Term Debt Issued, Total	230M	-	350M	-	855M
Long-Term Debt Issued, Total	1.18B	1.82B	-	-	14M
Total Debt Issued	1.41B	1.82B	350M	-	869M
Short Term Debt Repaid, Total	-	-420M	-50M	-600M	-
Long-Term Debt Repaid, Total	-12.73M	-12.72M	-8M	-1.31B	-812M
Total Debt Repaid	-12.73M	-433M	-58M	-1.91B	-812M
Issuance of Common Stock	-	4.78M	94.64M	64.12M	71.38M
Common Dividends Paid	-494M	-395M	-396M	-400M	-576M
Common & Preferred Stock Dividends Paid	-494M	-395M	-396M	-400M	-576M
Other Financing Activities, Total	-18.34M	-21.95M	-21.2M	-30.42M	-41M
Cash from Financing	885M	975M	-30.67M	-2.28B	-489M
Foreign Exchange Rate Adjustments	23.27M	-13.79M	-44.28M	20.81M	-1.11M
Net Change in Cash	284M	6.22M	1.21B	-790M	-138M
Supplemental Items
Cash Interest Paid	5.26M	17M	40.58M	41.48M	42.44M
Cash Income Tax Paid (Refund)	179M	101M	98.94M	183M	306M
Levered Free Cash Flow	929M	-708M	918M	1.34B	513M
Unlevered Free Cash Flow	933M	-697M	943M	1.36B	540M
Change In Net Working Capital	-46.15M	84.26M	31.45M	-8.24M	203M
Net Debt Issued / Repaid	1.4B	1.39B	292M	-1.91B	57.02M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.78	5.1	5.94	9.08	6.37
Return on Total Capital	7	5.88	6.77	10.56	7.48
Return On Equity %	11.78	11.55	14.75	22.88	13.72
Return on Common Equity	12.59	11.76	14.75	23.74	14.29
Margin Analysis
Gross Profit Margin %	29.3	29.99	30.9	36.6	30.44
SG&A Margin	13.3	13.76	13.13	13.56	12.49
EBITDA Margin %	22.45	23.42	25.77	29.53	24.83
EBITA Margin %	14.01	13.92	15.62	20.85	15.65
EBIT Margin %	13.83	13.75	15.46	20.71	15.5
Income From Continuing Operations Margin %	11.08	10.46	11.97	18.45	13.51
Net Income Margin %	11.02	9.94	11.22	18.06	13.35
Net Avail. For Common Margin %	11.02	9.94	11.22	18.06	13.35
Normalized Net Income Margin	8.57	7.8	8.16	13.71	10.29
Levered Free Cash Flow Margin	19.08	-13.72	15.22	19.37	8.04
Unlevered Free Cash Flow Margin	19.17	-13.51	15.65	19.73