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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,504	2,415	2,357	2,592	2,199	1,861
Revenue Growth (YoY)	4.60%	2.46%	-9.06%	17.88%	18.18%	-18.29%
Cost of Revenue	2,012	1,932	1,984	2,063	1,756	1,528
Gross Profit	491.87	482.93	372.79	528.89	442.73	332.68
Selling, General & Admin	432.17	434.92	416.88	473.03	448.29	411.4
Research & Development	80.26	60.24	55.1	63.93	44.32	44.57
Other Operating Expenses	-34.77	-34.25	-31.54	-26.4	-26.9	-26.33
Operating Expenses	475.72	457.43	445.99	539.71	456.5	435.9
Operating Income	16.16	25.49	-73.19	-10.82	-13.77	-103.22
Interest Expense	-16.09	-19.6	-24.71	-11.17	-8.13	-8.39
Interest & Investment Income	19.82	23.67	21.72	10.94	10.21	11.27
Earnings From Equity Investments	-8.61	-3.22	-	-	-	-
Currency Exchange Gain (Loss)	-21.39	15.4	8.38	24.13	-6.89	-18.03
Other Non Operating Income (Expenses)	35.77	9.35	5.32	-1.92	20.59	18.04
EBT Excluding Unusual Items	25.67	51.09	-62.48	11.16	2.01	-100.34
Gain (Loss) on Sale of Investments	0.44	1.21	1.08	-	-	-
Gain (Loss) on Sale of Assets	-0.19	-0.09	0.24	26.61	0.97	6.59
Other Unusual Items	-	-	0.03	-	32.94	-
Pretax Income	25.92	52.2	-61.13	37.77	35.92	-93.74
Income Tax Expense	9.15	13.28	-5.45	5.81	6.59	2.38
Earnings From Continuing Operations	16.77	38.92	-55.68	31.96	29.33	-96.12
Minority Interest in Earnings	12.37	15.9	39.03	30.83	12.77	35.4
Net Income	29.14	54.82	-16.65	62.79	42.1	-60.73
Net Income to Common	29.14	54.82	-16.65	62.79	42.1	-60.73
Net Income Growth	-20.48%	-	-	49.14%	-	-
Shares Outstanding (Basic)	167	167	167	167	167	167
Shares Outstanding (Diluted)	167	167	167	167	167	167
Shares Change (YoY)	0.03%	0.11%	-0.20%	0.11%	0.10%	-
EPS (Basic)	0.17	0.33	-0.10	0.38	0.25	-0.36
EPS (Diluted)	0.17	0.33	-0.10	0.38	0.25	-0.36
EPS Growth	-22.49%	-	-	50.35%	-	-
Free Cash Flow	5.28	73.36	6.72	-285.66	-195.74	131.19
Free Cash Flow Per Share	0.03	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	19.64%	20.00%	15.82%	20.40%	20.14%	17.88%
Operating Margin	0.65%	1.06%	-3.10%	-0.42%	-0.63%	-5.55%
Profit Margin	1.16%	2.27%	-0.71%	2.42%	1.92%	-3.26%
Free Cash Flow Margin	0.21%	3.04%	0.29%	-11.02%	-8.90%	7.05%
EBITDA	72.63	80.36	-15.42	54.88	61.97	-27.3
EBITDA Margin	2.90%	3.33%	-0.65%	2.12%	2.82%	-1.47%
D&A For EBITDA	56.48	54.87	57.77	65.7	75.74	75.92
EBIT	16.16	25.49	-73.19	-10.82	-13.77	-103.22
EBIT Margin	0.65%	1.06%	-3.10%	-0.42%	-0.63%	-5.55%
Effective Tax Rate	35.30%	25.44%	-	15.38%	18.35%	-

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