China Glaze Co.,Ltd. (TPE:1809)

China Glaze 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,405	2,415	2,357	2,592	2,199	1,861
Revenue Growth (YoY)	-1.99%	2.46%	-9.06%	17.88%	18.18%	-18.29%
Cost of Revenue	1,919	1,932	1,984	2,063	1,756	1,528
Gross Profit	486.5	482.93	372.79	528.89	442.73	332.68
Selling, General & Admin	428.05	434.92	416.88	473.03	448.29	411.4
Research & Development	68.31	60.24	55.1	63.93	44.32	44.57
Other Operating Expenses	-35.84	-34.25	-31.54	-26.4	-26.9	-26.33
Operating Expenses	458.27	457.43	445.99	539.71	456.5	435.9
Operating Income	28.22	25.49	-73.19	-10.82	-13.77	-103.22
Interest Expense	-16.77	-19.6	-24.71	-11.17	-8.13	-8.39
Interest & Investment Income	21.4	23.67	21.72	10.94	10.21	11.27
Earnings From Equity Investments	-8.27	-3.22	-	-	-	-
Currency Exchange Gain (Loss)	-12.99	15.4	8.38	24.13	-6.89	-18.03
Other Non Operating Income (Expenses)	29.08	9.35	5.32	-1.92	20.59	18.04
EBT Excluding Unusual Items	40.67	51.09	-62.48	11.16	2.01	-100.34
Gain (Loss) on Sale of Investments	-0.25	1.21	1.08	-	-	-
Gain (Loss) on Sale of Assets	0.01	-0.09	0.24	26.61	0.97	6.59
Other Unusual Items	-	-	0.03	-	32.94	-
Pretax Income	40.43	52.2	-61.13	37.77	35.92	-93.74
Income Tax Expense	6.52	13.28	-5.45	5.81	6.59	2.38
Earnings From Continuing Operations	33.91	38.92	-55.68	31.96	29.33	-96.12
Minority Interest in Earnings	9.98	15.9	39.03	30.83	12.77	35.4
Net Income	43.89	54.82	-16.65	62.79	42.1	-60.73
Net Income to Common	43.89	54.82	-16.65	62.79	42.1	-60.73
Net Income Growth	128.65%	-	-	49.14%	-	-
Shares Outstanding (Basic)	167	167	167	167	167	167
Shares Outstanding (Diluted)	167	167	167	167	167	167
Shares Change (YoY)	0.10%	0.11%	-0.20%	0.11%	0.10%	-
EPS (Basic)	0.26	0.33	-0.10	0.38	0.25	-0.36
EPS (Diluted)	0.26	0.33	-0.10	0.38	0.25	-0.36
EPS Growth	136.39%	-	-	50.35%	-	-
Free Cash Flow	24.14	73.36	6.72	-285.66	-195.74	131.19
Free Cash Flow Per Share	0.14	0.44	0.04	-1.71	-1.17	0.79
Dividend Per Share	0.250	0.250	0.200	0.250	0.250	0.200
Dividend Growth	25.00%	25.00%	-20.00%	-	25.00%	-
Gross Margin	20.23%	20.00%	15.82%	20.40%	20.14%	17.88%
Operating Margin	1.17%	1.06%	-3.10%	-0.42%	-0.63%	-5.55%
Profit Margin	1.82%	2.27%	-0.71%	2.42%	1.92%	-3.26%
Free Cash Flow Margin	1.00%	3.04%	0.29%	-11.02%	-8.90%	7.05%
EBITDA	84.42	80.36	-15.42	54.88	61.97	-27.3
EBITDA Margin	3.51%	3.33%	-0.65%	2.12%	2.82%	-1.47%
D&A For EBITDA	56.2	54.87	57.77	65.7	75.74	75.92
EBIT	28.22	25.49	-73.19	-10.82	-13.77	-103.22
EBIT Margin	1.17%	1.06%	-3.10%	-0.42%	-0.63%	-5.55%
Effective Tax Rate	16.13%	25.44%	-	15.38%	18.35%	-

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