Tai Roun Products 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	3,328	3,480	3,294	3,538	3,219
Revenue Growth (YoY)	-4.37%	5.66%	-6.89%	9.88%	16.01%
Cost of Revenue	2,978	2,922	2,856	3,229	2,752
Gross Profit	349.95	557.72	438.09	308.99	467.13
Selling, General & Admin	301.21	301.36	272.44	247.26	243
Operating Expenses	316.28	305.51	275.57	246.68	241.53
Operating Income	33.67	252.21	162.53	62.31	225.6
Interest Expense	-8.03	-3.96	-5.07	-5.08	-1.89
Interest & Investment Income	10.75	8.6	6.58	4.24	3.78
Currency Exchange Gain (Loss)	6.3	4.19	0.96	7.52	-1.49
Other Non Operating Income (Expenses)	18.94	14.79	18.77	19.77	10.99
EBT Excluding Unusual Items	61.63	275.83	183.77	88.75	236.99
Gain (Loss) on Sale of Investments	-2.76	-0.01	9.53	-1.39	13.24
Gain (Loss) on Sale of Assets	-0.54	15.25	-	-0.4	2.28
Pretax Income	58.33	291.07	193.29	86.96	252.51
Income Tax Expense	15.1	55.31	35.48	15.36	44.27
Earnings From Continuing Operations	43.23	235.77	157.82	71.61	208.24
Minority Interest in Earnings	-29.7	-28.36	-24.54	-25.73	-30.33
Net Income	13.53	207.41	133.27	45.88	177.91
Net Income to Common	13.53	207.41	133.27	45.88	177.91
Net Income Growth	-93.48%	55.63%	190.49%	-74.21%	-1.61%
Shares Outstanding (Basic)	176	176	176	176	177
Shares Outstanding (Diluted)	176	177	177	177	178
Shares Change (YoY)	-0.27%	0.06%	0.16%	-0.60%	-0.08%
EPS (Basic)	0.08	1.18	0.76	0.26	1.00
EPS (Diluted)	0.08	1.17	0.75	0.26	1.00
EPS Growth	-93.44%	56.00%	188.46%	-74.00%	-1.96%
Free Cash Flow	-45.85	76.04	346.66	-215.07	62.35
Free Cash Flow Per Share	-0.26	0.43	1.96	-1.22	0.35
Dividend Per Share	0.200	0.700	0.400	0.200	1.000
Dividend Growth	-71.43%	75.00%	100.00%	-80.00%	-
Gross Margin	10.51%	16.03%	13.30%	8.73%	14.51%
Operating Margin	1.01%	7.25%	4.93%	1.76%	7.01%
Profit Margin	0.41%	5.96%	4.05%	1.30%	5.53%
Free Cash Flow Margin	-1.38%	2.19%	10.52%	-6.08%	1.94%
EBITDA	135.5	341.81	249.32	139.34	290.55
EBITDA Margin	4.07%	9.82%	7.57%	3.94%	9.03%
D&A For EBITDA	101.83	89.61	86.8	77.03	64.95
EBIT	33.67	252.21	162.53	62.31	225.6
EBIT Margin	1.01%	7.25%	4.93%	1.76%	7.01%
Effective Tax Rate	25.89%	19.00%	18.36%	17.66%	17.53%

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