Tsang Yow Industrial Co.,Ltd. (TPE:1568)

Tsang Yow Industrial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,033	1,049	1,193	1,348	1,826	1,757
Revenue Growth (YoY)	-5.58%	-12.05%	-11.47%	-26.19%	3.93%	-13.16%
Cost of Revenue	714.03	757.46	791.63	975.15	1,567	1,591
Gross Profit	319.19	291.86	401.45	372.49	259.18	166.13
Selling, General & Admin	127.62	126.62	121.6	134.43	153.31	131.52
Research & Development	44.24	45.69	47.1	46.52	69.31	65.34
Operating Expenses	179.03	172.26	167.95	180.34	226.29	186.81
Operating Income	140.16	119.6	233.5	192.15	32.89	-20.69
Interest Expense	-0.84	-3.98	-10.4	-12.34	-10.39	-12.93
Interest & Investment Income	11.32	21.89	7.96	3.02	1.94	1.39
Currency Exchange Gain (Loss)	-10.75	50.4	-	-	-19.89	-5.59
Other Non Operating Income (Expenses)	2.96	8.84	18.65	64.41	11.21	35.48
EBT Excluding Unusual Items	142.21	196.74	249.71	247.24	15.77	-2.33
Gain (Loss) on Sale of Assets	0.89	11.85	-	-	19.09	9.4
Pretax Income	143.09	208.59	249.71	247.24	34.86	7.07
Income Tax Expense	27.18	48.01	53.12	42.37	5.25	-3.23
Earnings From Continuing Operations	115.92	160.58	196.59	204.87	29.61	10.3
Earnings From Discontinued Operations	-	-	77.14	-39.48	-	-
Net Income to Company	115.92	160.58	273.73	165.39	29.61	10.3
Minority Interest in Earnings	2.14	2.57	-	-	-	-
Net Income	118.06	163.15	273.73	165.39	29.61	10.3
Net Income to Common	118.06	163.15	273.73	165.39	29.61	10.3
Net Income Growth	19.27%	-40.40%	65.51%	458.64%	187.44%	-62.99%
Shares Outstanding (Basic)	103	102	102	102	102	102
Shares Outstanding (Diluted)	103	103	103	103	102	102
Shares Change (YoY)	0.57%	-0.15%	-0.00%	0.81%	0.07%	-0.70%
EPS (Basic)	1.15	1.59	2.67	1.62	0.29	0.10
EPS (Diluted)	1.15	1.59	2.66	1.61	0.29	0.10
EPS Growth	18.56%	-40.22%	65.57%	453.90%	190.00%	-62.96%
Free Cash Flow	-28.96	6.24	278.36	307.84	197.61	310.89
Free Cash Flow Per Share	-0.28	0.06	2.71	2.99	1.94	3.05
Dividend Per Share	1.200	1.200	1.340	1.100	0.300	0.300
Dividend Growth	-10.45%	-10.45%	21.82%	266.67%	-	-40.00%
Gross Margin	30.89%	27.81%	33.65%	27.64%	14.19%	9.46%
Operating Margin	13.56%	11.40%	19.57%	14.26%	1.80%	-1.18%
Profit Margin	11.43%	15.55%	22.94%	12.27%	1.62%	0.59%
Free Cash Flow Margin	-2.80%	0.59%	23.33%	22.84%	10.82%	17.70%
EBITDA	217.43	200.03	335.32	332.69	180	136.12
EBITDA Margin	21.04%	19.06%	28.11%	24.69%	9.86%	7.75%
D&A For EBITDA	77.27	80.43	101.82	140.55	147.11	156.8
EBIT	140.16	119.6	233.5	192.15	32.89	-20.69
EBIT Margin	13.56%	11.40%	19.57%	14.26%	1.80%	-1.18%
Effective Tax Rate	18.99%	23.02%	21.27%	17.14%	15.07%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.