Taiyen Biotech Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	3,273	3,238	3,409	3,614	4,096	3,130	Upgrade
Revenue Growth (YoY)	1.67%	-5.01%	-5.67%	-11.77%	30.84%	7.70%	Upgrade
Cost of Revenue	1,948	1,917	2,151	2,337	2,722	1,823	Upgrade
Gross Profit	1,326	1,321	1,257	1,277	1,373	1,308	Upgrade
Selling, General & Admin	850.04	835.39	801.98	770.92	786.46	770.29	Upgrade
Research & Development	56.07	54.71	60.5	60.64	57.6	73.98	Upgrade
Operating Expenses	942.97	974.38	936.04	831.56	844.06	844.27	Upgrade
Operating Income	382.89	346.53	321.44	445.05	529.18	463.32	Upgrade
Interest Expense	-5.72	-6.34	-3.35	-4.52	-5.94	-3.61	Upgrade
Interest & Investment Income	30.75	37.93	35.93	17.88	10.66	15.19	Upgrade
Earnings From Equity Investments	-	-	-	-	-	-0.55	Upgrade
Currency Exchange Gain (Loss)	-6.46	38.54	-5.67	58.69	-20.59	-16.64	Upgrade
Other Non Operating Income (Expenses)	40.74	11	-21.26	20.65	1.93	4.92	Upgrade
EBT Excluding Unusual Items	442.21	427.66	327.1	537.74	515.23	462.62	Upgrade
Gain (Loss) on Sale of Investments	5.01	12.85	7.43	-0.36	-0.54	3.17	Upgrade
Gain (Loss) on Sale of Assets	-1.05	-1.04	-1.28	-1.28	-1.24	-1.76	Upgrade
Other Unusual Items	-23.22	-6.44	-4.13	-5.52	-3.54	-	Upgrade
Pretax Income	422.94	433.03	329.12	530.59	509.92	464.04	Upgrade
Income Tax Expense	96.34	115.58	111.82	103.07	97.76	89.45	Upgrade
Earnings From Continuing Operations	326.61	317.45	217.3	427.52	412.16	374.59	Upgrade
Minority Interest in Earnings	6.83	54.07	83.09	-0.81	-18.94	-9.5	Upgrade
Net Income	333.44	371.52	300.39	426.7	393.23	365.09	Upgrade
Net Income to Common	333.44	371.52	300.39	426.7	393.23	365.09	Upgrade
Net Income Growth	12.03%	23.68%	-29.60%	8.51%	7.71%	5.67%	Upgrade
Shares Outstanding (Basic)	200	200	200	200	200	200	Upgrade
Shares Outstanding (Diluted)	201	201	200	201	201	201	Upgrade
Shares Change (YoY)	0.08%	0.06%	-0.08%	0.05%	-	0.02%	Upgrade
EPS (Basic)	1.67	1.86	1.50	2.13	1.97	1.83	Upgrade
EPS (Diluted)	1.66	1.85	1.50	2.13	1.96	1.82	Upgrade
EPS Growth	12.18%	23.33%	-29.58%	8.67%	7.69%	5.81%	Upgrade
Free Cash Flow	277.82	352.51	112.89	334.58	211.29	74.59	Upgrade
Free Cash Flow Per Share	1.39	1.76	0.56	1.67	1.05	0.37	Upgrade
Dividend Per Share	1.300	1.300	1.200	1.500	1.500	1.350	Upgrade
Dividend Growth	8.33%	8.33%	-20.00%	-	11.11%	-10.00%	Upgrade
Gross Margin	40.50%	40.79%	36.89%	35.33%	33.53%	41.77%	Upgrade
Operating Margin	11.70%	10.70%	9.43%	12.32%	12.92%	14.80%	Upgrade
Profit Margin	10.19%	11.47%	8.81%	11.81%	9.60%	11.66%	Upgrade
Free Cash Flow Margin	8.49%	10.89%	3.31%	9.26%	5.16%	2.38%	Upgrade
EBITDA	613.12	553.56	508.88	628.74	707.81	640.44	Upgrade
EBITDA Margin	18.73%	17.09%	14.93%	17.40%	17.28%	20.46%	Upgrade
D&A For EBITDA	230.23	207.03	187.44	183.69	178.64	177.12	Upgrade
EBIT	382.89	346.53	321.44	445.05	529.18	463.32	Upgrade
EBIT Margin	11.70%	10.70%	9.43%	12.32%	12.92%	14.80%	Upgrade
Effective Tax Rate	22.78%	26.69%	33.98%	19.43%	19.17%	19.28%	Upgrade

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