Namchow Holdings 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	23,166	23,738	22,680	20,478	19,862
Revenue Growth (YoY)	-2.41%	4.67%	10.75%	3.10%	12.71%
Cost of Revenue	17,428	16,821	16,174	15,133	13,590
Gross Profit	5,739	6,917	6,506	5,345	6,272
Selling, General & Admin	4,581	4,840	4,463	4,066	4,057
Research & Development	571.47	547.42	458.14	382.61	422.67
Operating Expenses	5,158	5,382	4,920	4,452	4,483
Operating Income	580.91	1,535	1,587	893.14	1,788
Interest Expense	-201.2	-214.43	-210.37	-213.46	-257.55
Interest & Investment Income	221.45	257.67	255.92	240.18	187.25
Currency Exchange Gain (Loss)	-12.08	-13.16	6.36	34.71	48.32
Other Non Operating Income (Expenses)	140.29	140.77	143.59	116.01	166.43
EBT Excluding Unusual Items	729.37	1,706	1,782	1,071	1,933
Gain (Loss) on Sale of Investments	-	-0.07	-	-	-
Gain (Loss) on Sale of Assets	1.03	24.81	-6.04	-1.36	-29.48
Asset Writedown	-	-	-	-9.1	-
Other Unusual Items	-11.49	1.05	0.04	13.31	34.45
Pretax Income	718.9	1,732	1,776	1,073	1,938
Income Tax Expense	285.5	529.68	535.28	381.72	698.76
Earnings From Continuing Operations	433.41	1,202	1,241	691.72	1,239
Minority Interest in Earnings	-156.51	-192.41	-199.35	-132.05	-167.98
Net Income	276.9	1,010	1,042	559.67	1,071
Net Income to Common	276.9	1,010	1,042	559.67	1,071
Net Income Growth	-72.58%	-3.05%	86.15%	-47.75%	12.67%
Shares Outstanding (Basic)	248	248	248	248	248
Shares Outstanding (Diluted)	248	248	248	248	248
Shares Change (YoY)	-0.06%	0.00%	0.03%	-0.04%	0.17%
EPS (Basic)	1.12	4.07	4.20	2.26	4.32
EPS (Diluted)	1.12	4.07	4.19	2.25	4.31
EPS Growth	-72.58%	-2.86%	86.22%	-47.80%	12.53%
Free Cash Flow	-1,704	122.01	2,154	689.53	569.65
Free Cash Flow Per Share	-6.86	0.49	8.67	2.78	2.29
Dividend Per Share	1.600	2.500	2.500	2.000	2.200
Dividend Growth	-36.00%	-	25.00%	-9.09%	10.00%
Gross Margin	24.77%	29.14%	28.69%	26.10%	31.58%
Operating Margin	2.51%	6.47%	7.00%	4.36%	9.01%
Profit Margin	1.20%	4.25%	4.59%	2.73%	5.39%
Free Cash Flow Margin	-7.36%	0.51%	9.50%	3.37%	2.87%
EBITDA	1,481	2,397	2,394	1,709	2,635
EBITDA Margin	6.40%	10.10%	10.55%	8.35%	13.27%
D&A For EBITDA	900.59	861.6	806.98	815.98	846.9
EBIT	580.91	1,535	1,587	893.14	1,788
EBIT Margin	2.51%	6.47%	7.00%	4.36%	9.01%
Effective Tax Rate	39.71%	30.58%	30.13%	35.56%	36.06%

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