Walsin Lihwa Corporation (TPE:1605)

Walsin Lihwa 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	179,035	179,318	189,840	180,401	156,665	112,547
Revenue Growth (YoY)	1.73%	-5.54%	5.23%	15.15%	39.20%	-16.51%
Cost of Revenue	167,621	167,634	175,450	163,054	136,855	100,078
Gross Profit	11,414	11,685	14,390	17,346	19,809	12,468
Selling, General & Admin	10,239	9,018	7,960	7,628	6,272	4,960
Research & Development	457.71	499.3	293.57	219.3	191.89	123.7
Operating Expenses	10,696	9,517	8,254	7,848	6,464	5,083
Operating Income	717.41	2,168	6,136	9,499	13,346	7,385
Interest Expense	-2,509	-2,359	-2,136	-827.72	-417.95	-539.98
Interest & Investment Income	1,210	1,006	1,055	1,008	653.45	372.51
Earnings From Equity Investments	631.69	813.75	528.87	3,607	4,808	1,696
Currency Exchange Gain (Loss)	287.68	-39.66	-240.59	1,749	-237.22	-66.73
Other Non Operating Income (Expenses)	-124.23	363.9	-315.18	484.95	317.45	-245.41
EBT Excluding Unusual Items	213.63	1,953	5,029	15,519	18,469	8,602
Gain (Loss) on Sale of Investments	-663.31	-386.75	1,135	7,475	1,326	656.19
Gain (Loss) on Sale of Assets	-15.4	-19.53	-11.47	68.05	20.47	-7.98
Asset Writedown	36.64	23.88	12.43	-0.09	-693.89	0.67
Other Unusual Items	940.67	940.67	1,169	339.53	-	-
Pretax Income	512.23	2,511	7,334	23,402	19,122	9,251
Income Tax Expense	-579.71	-87.5	1,471	4,262	3,865	2,245
Earnings From Continuing Operations	1,092	2,598	5,863	19,140	15,257	7,006
Minority Interest in Earnings	490.97	191.56	-783.4	212.02	-614.69	-314.65
Net Income	1,583	2,790	5,079	19,352	14,643	6,691
Net Income to Common	1,583	2,790	5,079	19,352	14,643	6,691
Net Income Growth	-52.66%	-45.07%	-73.75%	32.16%	118.84%	112.44%
Shares Outstanding (Basic)	4,131	4,031	3,883	3,550	3,429	3,276
Shares Outstanding (Diluted)	4,132	4,034	3,886	3,555	3,436	3,280
Shares Change (YoY)	2.46%	3.80%	9.30%	3.47%	4.75%	-1.50%
EPS (Basic)	0.38	0.69	1.31	5.45	4.27	2.04
EPS (Diluted)	0.38	0.69	1.31	5.44	4.26	2.04
EPS Growth	-54.46%	-47.25%	-75.96%	27.70%	108.82%	115.42%
Free Cash Flow	-2,238	-8,921	6,236	-1,634	-5,099	-1,668
Free Cash Flow Per Share	-0.54	-2.21	1.60	-0.46	-1.48	-0.51
Dividend Per Share	0.500	0.500	1.100	1.800	1.600	0.900
Dividend Growth	-54.55%	-54.55%	-38.89%	12.50%	77.78%	80.00%
Gross Margin	6.38%	6.52%	7.58%	9.62%	12.64%	11.08%
Operating Margin	0.40%	1.21%	3.23%	5.27%	8.52%	6.56%
Profit Margin	0.88%	1.56%	2.68%	10.73%	9.35%	5.95%
Free Cash Flow Margin	-1.25%	-4.98%	3.28%	-0.91%	-3.26%	-1.48%
EBITDA	9,209	11,279	14,039	13,726	16,044	9,695
EBITDA Margin	5.14%	6.29%	7.40%	7.61%	10.24%	8.61%
D&A For EBITDA	8,492	9,111	7,903	4,227	2,699	2,310
EBIT	717.41	2,168	6,136	9,499	13,346	7,385
EBIT Margin	0.40%	1.21%	3.23%	5.27%	8.52%	6.56%
Effective Tax Rate	-	-	20.06%	18.21%	20.21%	24.27%

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