China Steel Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	317,155	360,536	363,326	449,567	468,328
Revenue Growth (YoY)	-12.03%	-0.77%	-19.18%	-4.01%	48.78%
Cost of Revenue	308,130	345,191	346,641	417,639	369,644
Gross Profit	9,025	15,345	16,686	31,929	98,684
Selling, General & Admin	10,730	10,970	11,056	11,478	12,997
Research & Development	2,173	2,267	2,132	2,155	2,435
Operating Expenses	12,902	13,269	13,187	13,637	15,557
Operating Income	-3,877	2,076	3,499	18,292	83,126
Interest Expense	-5,054	-4,046	-3,624	-2,493	-1,761
Interest & Investment Income	1,132	3,686	2,780	2,133	3,458
Earnings From Equity Investments	203	731.74	567.09	1,579	1,178
Currency Exchange Gain (Loss)	-	1,115	867.95	1,049	928.07
Other Non Operating Income (Expenses)	2,939	1,004	589.77	1,796	940.64
EBT Excluding Unusual Items	-4,658	4,566	4,680	22,355	87,870
Gain (Loss) on Sale of Investments	-	112.87	-131.87	30.27	30.75
Gain (Loss) on Sale of Assets	-	182.3	-43.24	900.29	-117.84
Asset Writedown	-26.9	-283.94	85.07	-26.49	-3,369
Pretax Income	-4,685	4,578	4,590	23,259	84,414
Income Tax Expense	-1,178	701.58	1,059	5,264	15,508
Earnings From Continuing Operations	-3,507	3,876	3,531	17,995	68,906
Minority Interest in Earnings	-842.48	-1,898	-1,850	-211.28	-6,853
Net Income	-4,349	1,978	1,682	17,784	62,053
Preferred Dividends & Other Adjustments	-	53.58	53.58	53.58	150.55
Net Income to Common	-4,349	1,925	1,628	17,730	61,902
Net Income Growth	-	17.64%	-90.54%	-71.34%	6904.80%
Shares Outstanding (Basic)	14,997	15,253	15,396	15,415	15,415
Shares Outstanding (Diluted)	14,997	15,254	15,406	15,477	15,581
Shares Change (YoY)	-1.68%	-0.99%	-0.46%	-0.67%	1.02%
EPS (Basic)	-0.29	0.13	0.11	1.15	4.02
EPS (Diluted)	-0.29	0.13	0.11	1.15	3.98
EPS Growth	-	19.33%	-90.80%	-71.12%	7865.03%
Free Cash Flow	17,142	-481.99	1,094	-7,535	50,239
Free Cash Flow Per Share	1.14	-0.03	0.07	-0.49	3.22
Dividend Per Share	-	0.330	0.350	1.000	3.100
Dividend Growth	-	-5.71%	-65.00%	-67.74%	933.33%
Gross Margin	2.85%	4.26%	4.59%	7.10%	21.07%
Operating Margin	-1.22%	0.58%	0.96%	4.07%	17.75%
Profit Margin	-1.37%	0.53%	0.45%	3.94%	13.22%
Free Cash Flow Margin	5.41%	-0.13%	0.30%	-1.68%	10.73%
EBITDA	28,822	33,058	34,294	51,293	114,746
EBITDA Margin	9.09%	9.17%	9.44%	11.41%	24.50%
D&A For EBITDA	32,699	30,982	30,795	33,001	31,620
EBIT	-3,877	2,076	3,499	18,292	83,126
EBIT Margin	-1.22%	0.58%	0.96%	4.07%	17.75%
Effective Tax Rate	-	15.33%	23.07%	22.63%	18.37%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.