Tsang Yow Industrial 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	1,052	1,049	1,193	1,348	1,826
Revenue Growth (YoY)	0.29%	-12.05%	-11.47%	-26.19%	3.93%
Cost of Revenue	711.64	757.46	791.63	975.15	1,567
Gross Profit	340.78	291.86	401.45	372.49	259.18
Selling, General & Admin	125.91	126.62	121.6	134.43	153.31
Research & Development	43.15	45.69	47.1	46.52	69.31
Operating Expenses	175.77	172.26	167.95	180.34	226.29
Operating Income	165.01	119.6	233.5	192.15	32.89
Interest Expense	-0.85	-3.98	-10.4	-12.34	-10.39
Interest & Investment Income	9.94	21.89	7.96	3.02	1.94
Earnings From Equity Investments	-1.6	-	-	-	-
Currency Exchange Gain (Loss)	-12.01	50.4	-	-	-19.89
Other Non Operating Income (Expenses)	4.83	8.84	18.65	64.41	11.21
EBT Excluding Unusual Items	165.33	196.74	249.71	247.24	15.77
Gain (Loss) on Sale of Assets	6.49	11.85	-	-	19.09
Pretax Income	171.81	208.59	249.71	247.24	34.86
Income Tax Expense	32.89	48.01	53.12	42.37	5.25
Earnings From Continuing Operations	138.92	160.58	196.59	204.87	29.61
Earnings From Discontinued Operations	-	-	77.14	-39.48	-
Net Income to Company	138.92	160.58	273.73	165.39	29.61
Minority Interest in Earnings	1.49	2.57	-	-	-
Net Income	140.4	163.15	273.73	165.39	29.61
Net Income to Common	140.4	163.15	273.73	165.39	29.61
Net Income Growth	-13.94%	-40.40%	65.51%	458.64%	187.44%
Shares Outstanding (Basic)	103	102	102	102	102
Shares Outstanding (Diluted)	103	103	103	103	102
Shares Change (YoY)	0.67%	-0.15%	-0.00%	0.81%	0.07%
EPS (Basic)	1.36	1.59	2.67	1.62	0.29
EPS (Diluted)	1.36	1.59	2.66	1.61	0.29
EPS Growth	-14.46%	-40.22%	65.57%	453.90%	190.00%
Free Cash Flow	67.6	6.24	278.36	307.84	197.61
Free Cash Flow Per Share	0.65	0.06	2.71	2.99	1.94
Dividend Per Share	1.000	1.200	1.340	1.100	0.300
Dividend Growth	-16.67%	-10.45%	21.82%	266.67%	-
Gross Margin	32.38%	27.81%	33.65%	27.64%	14.19%
Operating Margin	15.68%	11.40%	19.57%	14.26%	1.80%
Profit Margin	13.34%	15.55%	22.94%	12.27%	1.62%
Free Cash Flow Margin	6.42%	0.59%	23.33%	22.84%	10.82%
EBITDA	242	200.03	335.32	332.69	180
EBITDA Margin	22.99%	19.06%	28.11%	24.69%	9.86%
D&A For EBITDA	76.98	80.43	101.82	140.55	147.11
EBIT	165.01	119.6	233.5	192.15	32.89
EBIT Margin	15.68%	11.40%	19.57%	14.26%	1.80%
Effective Tax Rate	19.14%	23.02%	21.27%	17.14%	15.07%

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