Great Wall Enterprise 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	101,222	102,749	111,109	113,297	101,438
Revenue Growth (YoY)	-1.49%	-7.52%	-1.93%	11.69%	24.23%
Cost of Revenue	86,358	87,949	96,148	101,939	90,701
Gross Profit	14,863	14,800	14,961	11,359	10,737
Selling, General & Admin	9,953	9,177	8,888	8,109	8,005
Research & Development	210.42	179.96	147.47	151.99	138.29
Operating Expenses	10,103	9,463	8,940	8,301	8,391
Operating Income	4,761	5,337	6,020	3,058	2,345
Interest Expense	-604.43	-619.95	-652.5	-474.89	-284.62
Interest & Investment Income	295.36	259.45	265.96	231.84	197.62
Earnings From Equity Investments	-42.74	30.6	-39.54	-30.58	6.19
Currency Exchange Gain (Loss)	111.43	2.34	12.53	-1,174	339.48
Other Non Operating Income (Expenses)	333.65	525.56	412.75	1,784	394.51
EBT Excluding Unusual Items	4,854	5,535	6,019	3,394	2,999
Gain (Loss) on Sale of Assets	1,210	47.01	-48.99	2.76	55.69
Asset Writedown	-525.06	37.95	-1.89	29.23	-167.54
Pretax Income	5,539	5,620	5,969	3,426	2,887
Income Tax Expense	1,252	1,204	1,165	575.58	624.7
Earnings From Continuing Operations	4,287	4,416	4,803	2,850	2,262
Minority Interest in Earnings	-662.71	-886.68	-734.26	-657.07	-392.64
Net Income	3,624	3,529	4,069	2,193	1,869
Net Income to Common	3,624	3,529	4,069	2,193	1,869
Net Income Growth	2.69%	-13.27%	85.55%	17.32%	-40.12%
Shares Outstanding (Basic)	837	839	846	846	846
Shares Outstanding (Diluted)	839	842	847	848	848
Shares Change (YoY)	-0.29%	-0.64%	-0.04%	0.00%	0.01%
EPS (Basic)	4.33	4.21	4.81	2.59	2.21
EPS (Diluted)	4.32	4.19	4.80	2.59	2.21
EPS Growth	3.10%	-12.71%	85.33%	17.20%	-40.04%
Free Cash Flow	-419.21	3,710	5,134	-1,537	1,104
Free Cash Flow Per Share	-0.50	4.41	6.06	-1.81	1.30
Dividend Per Share	3.000	2.800	2.200	1.500	1.429
Dividend Growth	7.14%	27.27%	46.67%	5.00%	-42.78%
Gross Margin	14.68%	14.40%	13.46%	10.03%	10.58%
Operating Margin	4.70%	5.19%	5.42%	2.70%	2.31%
Profit Margin	3.58%	3.44%	3.66%	1.94%	1.84%
Free Cash Flow Margin	-0.41%	3.61%	4.62%	-1.36%	1.09%
EBITDA	7,522	7,893	8,137	5,176	3,972
EBITDA Margin	7.43%	7.68%	7.32%	4.57%	3.92%
D&A For EBITDA	2,762	2,557	2,117	2,118	1,627
EBIT	4,761	5,337	6,020	3,058	2,345
EBIT Margin	4.70%	5.19%	5.42%	2.70%	2.31%
Effective Tax Rate	22.61%	21.42%	19.52%	16.80%	21.64%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.