Formosa Taffeta Co., Ltd. (TPE:1434)

Formosa Taffeta Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	26,835	27,544	28,716	28,502	34,723	32,799
Revenue Growth (YoY)	-8.20%	-4.08%	0.75%	-17.92%	5.87%	13.95%
Cost of Revenue	23,840	24,463	25,644	25,971	30,954	28,625
Gross Profit	2,995	3,081	3,072	2,530	3,769	4,174
Selling, General & Admin	2,340	2,351	2,411	2,270	2,499	2,623
Operating Expenses	2,328	2,339	2,411	2,250	2,499	2,623
Operating Income	667.39	741.71	660.58	280.64	1,270	1,550
Interest Expense	-264.64	-270.65	-335.4	-348.88	-221.69	-154.41
Interest & Investment Income	415.21	408.47	871.65	618.04	1,565	290.23
Earnings From Equity Investments	251.34	56.35	118.87	-131.02	632.19	610.76
Currency Exchange Gain (Loss)	-193.8	-193.8	126.66	9.41	361.93	-80.06
Other Non Operating Income (Expenses)	296.7	285.47	115.14	117.55	102.57	176
EBT Excluding Unusual Items	1,172	1,028	1,558	545.73	3,710	2,393
Gain (Loss) on Sale of Investments	-	-	-	-	6.2	-
Gain (Loss) on Sale of Assets	34.27	34.27	18.75	5.23	-9.56	-5.34
Asset Writedown	-	-	77.32	-	-	-
Pretax Income	1,206	1,062	1,654	550.96	3,706	2,387
Income Tax Expense	191.69	196.57	163.38	106.4	301.23	244.19
Earnings From Continuing Operations	1,015	865.25	1,490	444.55	3,405	2,143
Net Income to Company	1,015	865.25	1,490	444.55	3,405	2,143
Net Income	1,015	865.25	1,490	444.55	3,405	2,143
Net Income to Common	1,015	865.25	1,490	444.55	3,405	2,143
Net Income Growth	-32.26%	-41.94%	235.21%	-86.94%	58.88%	2.27%
Shares Outstanding (Basic)	1,682	1,682	1,682	1,682	1,682	1,682
Shares Outstanding (Diluted)	1,682	1,682	1,682	1,682	1,682	1,682
EPS (Basic)	0.60	0.51	0.89	0.26	2.02	1.27
EPS (Diluted)	0.60	0.51	0.89	0.26	2.02	1.27
EPS Growth	-32.26%	-41.94%	235.21%	-86.94%	58.88%	2.27%
Free Cash Flow	1,223	1,791	2,716	3,405	2,772	1,963
Free Cash Flow Per Share	0.73	1.06	1.61	2.02	1.65	1.17
Dividend Per Share	0.500	0.500	0.800	0.500	1.500	1.000
Dividend Growth	-37.50%	-37.50%	60.00%	-66.67%	50.00%	-
Gross Margin	11.16%	11.19%	10.70%	8.88%	10.85%	12.72%
Operating Margin	2.49%	2.69%	2.30%	0.98%	3.66%	4.73%
Profit Margin	3.78%	3.14%	5.19%	1.56%	9.81%	6.53%
Free Cash Flow Margin	4.56%	6.50%	9.46%	11.95%	7.98%	5.99%
EBITDA	1,787	1,889	1,882	1,496	2,493	2,748
EBITDA Margin	6.66%	6.86%	6.55%	5.25%	7.18%	8.38%
D&A For EBITDA	1,120	1,147	1,221	1,215	1,223	1,198
EBIT	667.39	741.71	660.58	280.64	1,270	1,550
EBIT Margin	2.49%	2.69%	2.30%	0.98%	3.66%	4.73%
Effective Tax Rate	15.89%	18.51%	9.88%	19.31%	8.13%	10.23%

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