Walsin Lihwa 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	174,243	179,318	189,840	180,401	156,665
Revenue Growth (YoY)	-2.83%	-5.54%	5.23%	15.15%	39.20%
Cost of Revenue	163,150	167,634	175,450	163,054	136,855
Gross Profit	11,093	11,685	14,390	17,346	19,809
Selling, General & Admin	10,633	9,018	7,960	7,628	6,272
Research & Development	440.82	499.3	293.57	219.3	191.89
Operating Expenses	11,074	9,517	8,254	7,848	6,464
Operating Income	18.85	2,168	6,136	9,499	13,346
Interest Expense	-2,334	-2,359	-2,136	-827.72	-417.95
Interest & Investment Income	398.06	1,006	1,055	1,008	653.45
Earnings From Equity Investments	1,696	813.75	528.87	3,607	4,808
Currency Exchange Gain (Loss)	-	-39.66	-240.59	1,749	-237.22
Other Non Operating Income (Expenses)	1,852	363.9	-315.18	484.95	317.45
EBT Excluding Unusual Items	1,631	1,953	5,029	15,519	18,469
Gain (Loss) on Sale of Investments	-	-386.75	1,135	7,475	1,326
Gain (Loss) on Sale of Assets	-	-19.53	-11.47	68.05	20.47
Asset Writedown	-	23.88	12.43	-0.09	-693.89
Other Unusual Items	-	940.67	1,169	339.53	-
Pretax Income	1,631	2,511	7,334	23,402	19,122
Income Tax Expense	-708.05	-87.5	1,471	4,262	3,865
Earnings From Continuing Operations	2,339	2,598	5,863	19,140	15,257
Minority Interest in Earnings	840.53	191.56	-783.4	212.02	-614.69
Net Income	3,180	2,790	5,079	19,352	14,643
Net Income to Common	3,180	2,790	5,079	19,352	14,643
Net Income Growth	13.97%	-45.07%	-73.75%	32.16%	118.84%
Shares Outstanding (Basic)	4,240	4,031	3,883	3,550	3,429
Shares Outstanding (Diluted)	4,240	4,034	3,886	3,555	3,436
Shares Change (YoY)	5.12%	3.80%	9.30%	3.47%	4.75%
EPS (Basic)	0.75	0.69	1.31	5.45	4.27
EPS (Diluted)	0.75	0.69	1.31	5.44	4.26
EPS Growth	8.70%	-47.25%	-75.96%	27.70%	108.82%
Free Cash Flow	-6,551	-8,921	6,236	-1,634	-5,099
Free Cash Flow Per Share	-1.54	-2.21	1.60	-0.46	-1.48
Dividend Per Share	-	0.500	1.100	1.800	1.600
Dividend Growth	-	-54.55%	-38.89%	12.50%	77.78%
Gross Margin	6.37%	6.52%	7.58%	9.62%	12.64%
Operating Margin	0.01%	1.21%	3.23%	5.27%	8.52%
Profit Margin	1.82%	1.56%	2.68%	10.73%	9.35%
Free Cash Flow Margin	-3.76%	-4.98%	3.28%	-0.91%	-3.26%
EBITDA	8,709	11,279	14,039	13,726	16,044
EBITDA Margin	5.00%	6.29%	7.40%	7.61%	10.24%
D&A For EBITDA	8,690	9,111	7,903	4,227	2,699
EBIT	18.85	2,168	6,136	9,499	13,346
EBIT Margin	0.01%	1.21%	3.23%	5.27%	8.52%
Effective Tax Rate	-	-	20.06%	18.21%	20.21%

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