Wei Chih Steel Industrial 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	8,514	10,196	10,484	13,123	13,571
Revenue Growth (YoY)	-16.50%	-2.75%	-20.11%	-3.30%	56.16%
Cost of Revenue	8,178	9,639	9,800	11,999	11,300
Gross Profit	335.94	556.83	684.3	1,124	2,271
Selling, General & Admin	191.66	183	167.16	180.47	303
Research & Development	-	-	10.84	20.98	-
Other Operating Expenses	4.15	-	-	-	-
Operating Expenses	197.23	179.86	176.92	199.98	309
Operating Income	138.71	376.97	507.37	924.47	1,962
Interest Expense	-58.64	-58.42	-42.48	-46.88	-47.14
Interest & Investment Income	22.32	16.49	23.53	14.39	10.37
Currency Exchange Gain (Loss)	-6.59	15.55	4.75	20.27	15.51
Other Non Operating Income (Expenses)	4.5	-2.16	7.35	15.08	7.12
EBT Excluding Unusual Items	100.31	348.42	500.53	927.32	1,948
Gain (Loss) on Sale of Investments	-	-	-1.46	-	-
Gain (Loss) on Sale of Assets	0.03	-	0.05	0.7	0.06
Other Unusual Items	-	14.95	-	-	0.4
Pretax Income	100.34	363.37	499.12	928.03	1,949
Income Tax Expense	10.89	47.17	83.91	177.63	285.53
Net Income	89.45	316.2	415.22	750.4	1,663
Net Income to Common	89.45	316.2	415.22	750.4	1,663
Net Income Growth	-71.71%	-23.85%	-44.67%	-54.88%	176.00%
Shares Outstanding (Basic)	324	324	324	326	326
Shares Outstanding (Diluted)	324	324	325	326	326
Shares Change (YoY)	-0.06%	-0.07%	-0.43%	-0.01%	0.11%
EPS (Basic)	0.28	0.98	1.28	2.30	5.11
EPS (Diluted)	0.28	0.97	1.28	2.30	5.10
EPS Growth	-71.54%	-24.21%	-44.35%	-54.90%	175.69%
Free Cash Flow	1,317	-803.89	-380.5	949.58	-101.04
Free Cash Flow Per Share	4.06	-2.48	-1.17	2.91	-0.31
Dividend Per Share	-	0.300	0.800	1.300	2.500
Dividend Growth	-	-62.50%	-38.46%	-48.00%	-
Gross Margin	3.95%	5.46%	6.53%	8.57%	16.74%
Operating Margin	1.63%	3.70%	4.84%	7.04%	14.46%
Profit Margin	1.05%	3.10%	3.96%	5.72%	12.25%
Free Cash Flow Margin	15.47%	-7.88%	-3.63%	7.24%	-0.74%
EBITDA	514.99	728.2	766.82	1,167	2,224
EBITDA Margin	6.05%	7.14%	7.31%	8.89%	16.39%
D&A For EBITDA	376.28	351.23	259.44	242.59	262.08
EBIT	138.71	376.97	507.37	924.47	1,962
EBIT Margin	1.63%	3.70%	4.84%	7.04%	14.46%
Effective Tax Rate	10.85%	12.98%	16.81%	19.14%	14.65%
Advertising Expenses	0.76	-	-	-	-

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