Balance Sheet Uni-President Enterprises Corp.

Equities

1216

TW0001216000

Food Processing

End-of-day quote Taiwan S.E. Other stock markets 2024-09-12			5-day change	1st Jan Change
87.50 ^TWD	+1.63%		+6.58%	+17.45%

Aug. 19	Uni-President Enterprises Sells Financial Products of Fubon Bank (China) for 200 Million Yuan	MT
Aug. 09	Uni-President Enterprises Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

66726a7c31136593ef4d2d41a.uEb-knHTh6pL2Z2Ew13f4cVXh-Wumd58em5jRRhcj1A.wAmn3BOd_-YEtMfGhjGlpoEx06vMzos1PCUBDyk7tiDQB63DPofK0yKX9g

Published financial data: UNI-PRESIDENT ENTERPRISES CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	448B	447B	474B	525B	581B
Total Revenues	448B	447B	474B	525B	581B
Cost of Goods Sold, Total	294B	293B	317B	357B	393B
Gross Profit	154B	154B	156B	168B	188B
Selling General & Admin Expenses, Total	123B	123B	127B	138B	158B
Provision for Bad Debts	5.63M	98.9M	56.24M	20.65M	72.78M
R&D Expenses	913M	903M	933M	919M	1.02B
Other Operating Expenses, Total	124B	124B	128B	139B	159B
Operating Income	29.63B	29.78B	28.39B	29.02B	28.64B
Interest Expense, Total	-2.57B	-2.44B	-2.08B	-2.49B	-3.49B
Interest And Investment Income	2.6B	2.58B	1.93B	2.93B	4.97B
Net Interest Expenses	33.29M	137M	-159M	430M	1.48B
Income (Loss) On Equity Invest.	3.1B	3.86B	3.96B	2.06B	2.57B
Currency Exchange Gains (Loss)	-12.55M	68.61M	74.74M	101M	120M
Other Non Operating Income (Expenses)	3.73B	4.24B	3.71B	3.57B	3.33B
EBT, Excl. Unusual Items	36.48B	38.09B	35.97B	35.18B	36.14B
Impairment of Goodwill	-	-	-21M	-289M	-
Gain (Loss) On Sale Of Investments	-99.42M	-14.18M	-157M	3.98M	10.91B
Gain (Loss) On Sale Of Assets	-60.93M	275M	152M	175M	-69.02M
Asset Writedown	8.9M	6.57M	-86.31M	14.24M	311K
Other Unusual Items	68.02M	75.69M	408M	254M	1.71B
EBT, Incl. Unusual Items	36.4B	38.44B	36.27B	35.34B	48.69B
Income Tax Expense	7.91B	7.64B	7.47B	8.82B	18.4B
Earnings From Continuing Operations	28.48B	30.8B	28.8B	26.53B	30.29B
Net Income to Company	28.48B	30.8B	28.8B	26.53B	30.29B
Minority Interest	-9.48B	-9.26B	-8.92B	-9.36B	-11.95B
Net Income - (IS)	19.01B	21.54B	19.88B	17.17B	18.34B
Net Income to Common Incl Extra Items	19.01B	21.54B	19.88B	17.17B	18.34B
Net Income to Common Excl. Extra Items	19.01B	21.54B	19.88B	17.17B	18.34B
Per Share Items
Net EPS - Basic	3.35	3.79	3.5	3.02	3.23
Basic EPS - Continuing Operations	3.35	3.79	3.5	3.02	3.23
Basic Weighted Average Shares Outstanding	5.68B	5.68B	5.68B	5.68B	5.68B
Net EPS - Diluted	3.33	3.77	3.48	3.01	3.21
Diluted EPS - Continuing Operations	3.33	3.77	3.48	3.01	3.21
Diluted Weighted Average Shares Outstanding	5.71B	5.72B	5.71B	5.71B	5.71B
Normalized Basic EPS	2.34	2.56	2.39	2.22	1.87
Normalized Diluted EPS	2.33	2.55	2.37	2.21	1.86
Dividend Per Share	2.5	2.7	2.7	3.15	3
Payout Ratio	74.73	65.94	77.18	89.36	97.64
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	48.99B	48.87B	47.46B	48.15B	49.63B
EBITA	30.22B	30.41B	29.01B	29.61B	29.38B
EBIT	29.63B	29.78B	28.39B	29.02B	28.64B
EBITDAR	50.67B	50.34B	49.02B	49.62B	51.43B
Effective Tax Rate - (Ratio)	21.74	19.87	20.6	24.94	37.8
Total Current Taxes	7.85B	7.56B	7.71B	7.78B	8.23B
Total Deferred Taxes	62.42M	75.19M	-240M	1.04B	10.17B
Normalized Net Income	13.32B	14.55B	13.56B	12.63B	10.64B
Interest Capitalized	51.94M	5.26M	8.72M	13.12M	17.76M
Interest on Long-Term Debt	1.12B	1.17B	1.07B	1.05B	1.47B
Non-Cash Pension Expense	73.88M	74.8M	43.76M	55.75M	70.82M
Supplemental Operating Expense Items
Selling and Marketing Expenses	102B	102B	105B	115B	132B
General and Administrative Expenses	21.28B	21.66B	21.6B	22.8B	25.82B
Research And Development Expense From Footnotes	913M	1.02B	1.04B	1.02B	1.13B
Net Rental Expense, Total	1.67B	1.47B	1.57B	1.47B	1.81B
Imputed Operating Lease Interest Expense	260M	169M	148M	153M	214M
Imputed Operating Lease Depreciation	1.41B	1.3B	1.42B	1.32B	1.59B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	74.71B	81.98B	80.84B	96.99B	101B
Short Term Investments	13.89B	6.34B	14.89B	16.78B	14.4B
Trading Asset Securities, Total	6.93B	11.22B	10.39B	7.15B	10.32B
Total Cash And Short Term Investments	95.53B	99.54B	106B	121B	126B
Accounts Receivable, Total	18.05B	17.54B	20.67B	21.92B	20.61B
Other Receivables	3.41B	3.98B	5.21B	5.89B	7.08B
Total Receivables	21.46B	21.52B	25.88B	27.81B	27.69B
Inventory	37.63B	38.94B	46.61B	52.93B	57.75B
Prepaid Expenses	3.97B	3.98B	4.81B	5.16B	6.27B
Other Current Assets, Total	4.24B	4.06B	4.15B	3.28B	5.57B
Total Current Assets	163B	168B	188B	210B	223B
Gross Property Plant And Equipment	391B	392B	401B	423B	517B
Accumulated Depreciation	-181B	-181B	-190B	-200B	-238B
Net Property Plant And Equipment	210B	212B	212B	224B	279B
Long-term Investments	50.63B	61.61B	62.11B	60.65B	63.31B
Goodwill	3.71B	3.71B	3.54B	3.33B	30.34B
Other Intangibles, Total	15.53B	14.96B	13.64B	13.35B	17.01B
Loans Receivable Long-Term	293M	329M	302M	306M	308M
Deferred Tax Assets Long-Term	6.26B	6.38B	6.37B	6B	7.79B
Other Long-Term Assets, Total	28.54B	28.49B	28.87B	34.08B	45.16B
Total Assets	477B	495B	514B	551B	666B
Liabilities
Accounts Payable, Total	35.38B	37.6B	41.4B	47.21B	62.74B
Accrued Expenses, Total	18.45B	18.74B	18.22B	18.94B	20.54B
Short-term Borrowings	32.92B	37.24B	35.71B	40.63B	45.72B
Current Portion of Long-Term Debt	4.05B	1.7B	5.78B	7.03B	9.49B
Current Portion of Leases	11.94B	12.9B	14.16B	13.95B	17.78B
Current Income Taxes Payable	2.68B	2.91B	3.13B	3.61B	4.05B
Unearned Revenue Current, Total	13.17B	16.27B	19.22B	15.04B	22.06B
Other Current Liabilities	33.78B	34.98B	38.54B	41.72B	47.15B
Total Current Liabilities	152B	162B	176B	188B	230B
Long-Term Debt	60.4B	57.3B	60.36B	68.16B	97.11B
Long-Term Leases	58.22B	63.66B	65.58B	74.55B	99.3B
Unearned Revenue Non Current	463M	578M	549M	594M	679M
Pension & Other Post Retirement Benefits	8.69B	8.54B	7.35B	4.52B	4.58B
Deferred Tax Liability Non Current	14.3B	14.42B	14.22B	15.34B	30.61B
Other Non Current Liabilities	9.01B	7.91B	8.82B	7.91B	8.85B
Total Liabilities	303B	315B	333B	359B	471B
Common Stock, Total	56.82B	56.82B	56.82B	56.82B	56.82B
Additional Paid In Capital	3.9B	3.66B	2.83B	2.73B	2.78B
Retained Earnings	54.69B	62.06B	67.03B	70.35B	71.08B
Comprehensive Income and Other	-6.99B	-8.1B	-10.09B	-4.2B	-5.79B
Total Common Equity	108B	114B	117B	126B	125B
Minority Interest	65.59B	66.15B	64.41B	66.49B	70.33B
Total Equity	174B	181B	181B	192B	195B
Total Liabilities And Equity	477B	495B	514B	551B	666B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.68B	5.68B	5.68B	5.68B	5.68B
ECS Total Common Shares Outstanding	5.68B	5.68B	5.68B	5.68B	5.68B
Book Value / Share	19.08	20.14	20.52	22.12	21.98
Tangible Book Value	89.17B	95.78B	99.41B	109B	77.53B
Tangible Book Value Per Share	15.69	16.86	17.5	19.19	13.65
Total Debt	168B	173B	182B	204B	269B
Net Debt	71.99B	73.25B	75.47B	83.41B	144B
Debt Equivalent of Unfunded Proj. Benefit Obligation	8.66B	8.51B	7.31B	4.38B	4.35B
Debt Equivalent Oper. Leases	13.4B	11.73B	12.56B	11.76B	14.44B
Minority Interest, Total (Incl. Fin. Div)	65.59B	66.15B	64.41B	66.49B	70.33B
Equity Method Investments, Total	30.56B	32B	33.08B	31.5B	26.88B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	8.84B	9.11B	11.78B	15.01B	11.32B
Inventories - Work In Process, Total	2.6B	2.12B	2.71B	2.77B	2.65B
Inventories - Finished Goods, Total	25.36B	26.59B	30.68B	33.49B	42.53B
Inventories - Others	1.71B	1.89B	2.3B	2.65B	2.21B
Land - (BS)	15.44B	16.57B	16.62B	18.17B	27.8B
Buildings, Total	75.19B	75.22B	76.13B	78.62B	96.1B
Machinery, Total	187B	192B	194B	200B	209B
Full Time Employees	88.35K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	383M	425M	427M	364M	403M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	19.01B	21.54B	19.88B	17.17B	18.34B
Depreciation & Amortization - CF	31.12B	31.79B	32.32B	33.46B	37.59B
Amortization of Goodwill and Intangible Assets - (CF)	590M	627M	623M	597M	738M
Depreciation & Amortization, Total	31.71B	32.42B	32.94B	34.05B	38.32B
Amortization of Deferred Charges, Total - (CF)	301M	280M	282M	349M	467M
(Gain) Loss From Sale Of Asset	60.93M	-263M	-152M	-175M	69.02M
(Gain) Loss on Sale of Investments - (CF)	-440M	-1.62B	-1.03B	-329M	-11.36B
Asset Writedown & Restructuring Costs	-8.9M	-6.57M	107M	275M	-311K
(Income) Loss On Equity Investments - (CF)	-3.1B	-3.86B	-3.96B	-2.06B	-2.57B
Provision and Write-off of Bad Debts	5.63M	98.9M	56.24M	20.65M	72.78M
Other Operating Activities, Total	10.42B	11.94B	11.7B	12.97B	22.25B
Change in Trading Asset Securities	138M	-3.68B	-229M	4.67B	-3.12B
Change In Accounts Receivable	134M	329M	-2.83B	-954M	925M
Change In Inventories	-891M	-951M	-7.21B	-5.88B	3.08B
Change In Accounts Payable	129M	2.34B	2.9B	5.64B	2.04B
Change in Unearned Revenues	2.52B	3.21B	2.92B	-4.14B	2.95B
Change in Other Net Operating Assets	-1.11B	-55.14M	978M	1.16B	1.66B
Cash from Operations	58.87B	61.72B	56.35B	62.77B	73.13B
Capital Expenditure	-14.76B	-16.31B	-16.79B	-20.58B	-25.44B
Sale of Property, Plant, and Equipment	1.56B	1.77B	1.04B	930M	1.21B
Cash Acquisitions	-6.38B	-	4.78M	-	-23.7B
Divestitures	-	-	-	-	-
Sale (Purchase) of Real Estate properties	4M	-1.03M	-275M	-4.06B	-5.79B
Sale (Purchase) of Intangible assets	-450M	-284M	-235M	-447M	-636M
Investment in Marketable and Equity Securities, Total	-1.85B	-2.02B	-6.06B	-407M	-7.68B
Other Investing Activities, Total	-1.19B	1.1B	-789M	-598M	415M
Cash from Investing	-23.08B	-15.76B	-23.1B	-25.16B	-61.62B
Short Term Debt Issued, Total	1.42B	11.55B	2.16B	8.73B	5.03B
Long-Term Debt Issued, Total	201B	83.56B	34.51B	79.6B	108B
Total Debt Issued	202B	95.11B	36.67B	88.34B	113B
Short Term Debt Repaid, Total	-2.53B	-6.75B	-3.69B	-3.81B	-
Long-Term Debt Repaid, Total	-217B	-102B	-39.64B	-84.96B	-92.31B
Total Debt Repaid	-220B	-109B	-43.33B	-88.76B	-92.31B
Common Dividends Paid	-14.21B	-14.21B	-15.34B	-15.34B	-17.9B
Common & Preferred Stock Dividends Paid	-14.21B	-14.21B	-15.34B	-15.34B	-17.9B
Other Financing Activities, Total	-9.3B	-10.42B	-11.04B	-8.08B	-9.99B
Cash from Financing	-40.77B	-38.38B	-33.04B	-23.85B	-7.47B
Foreign Exchange Rate Adjustments	-377M	-313M	-1.35B	2.39B	-178M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-5.35B	7.27B	-1.14B	16.15B	3.87B
Supplemental Items
Cash Interest Paid	2.65B	2.45B	2.07B	2.46B	3.37B
Cash Income Tax Paid (Refund)	8.66B	7.34B	7.38B	7.34B	8.2B
Levered Free Cash Flow	33.32B	39.01B	29.72B	28.23B	50.36B
Unlevered Free Cash Flow	34.92B	40.54B	31.02B	29.79B	52.54B
Change In Net Working Capital	394M	-5.82B	2.92B	1.72B	-21.92B
Net Debt Issued / Repaid	-17.27B	-13.75B	-6.66B	-426M	20.43B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.19	3.83	3.52	3.4	2.94
Return on Total Capital	6.03	5.36	4.96	4.78	4.16
Return On Equity %	16.55	17.37	15.93	14.22	15.64
Return on Common Equity	17.7	19.33	17.21	14.17	14.63
Margin Analysis
Gross Profit Margin %	34.37	34.43	32.97	31.94	32.32
SG&A Margin	27.55	27.55	26.76	26.24	27.2
EBITDA Margin %	10.94	10.93	10.02	9.17	8.54
EBITA Margin %	6.75	6.8	6.13