Sinkang Industries Co., Ltd. (TPE:2032)

Sinkang Industries 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	3,170	2,969	2,862	3,361	3,489	3,267
Revenue Growth (YoY)	10.88%	3.72%	-14.84%	-3.67%	6.80%	14.85%
Cost of Revenue	3,057	2,852	2,819	3,253	3,188	3,072
Gross Profit	113.12	116.88	43.42	108.11	300.93	195.38
Selling, General & Admin	97.33	97.09	91.38	91.43	111.78	103.84
Other Operating Expenses	2.15	2.15	-	-	-	-
Operating Expenses	100.29	100.91	102.21	91.07	110.78	106.78
Operating Income	12.83	15.97	-58.79	17.05	190.15	88.61
Interest Expense	-1.79	-0.55	-0.55	-0.5	-0.79	-0.75
Interest & Investment Income	2.07	1.54	2.98	1.08	0.04	0.45
Earnings From Equity Investments	51.06	40.39	26.88	17.75	12.81	4.79
Currency Exchange Gain (Loss)	-0.11	2.08	0.7	7.63	-1.14	-4.22
Other Non Operating Income (Expenses)	2.71	2.6	2.59	2.85	2.38	2.41
EBT Excluding Unusual Items	66.76	62.01	-26.2	45.86	203.45	91.29
Gain (Loss) on Sale of Investments	-	-	-	0.06	0.3	0.56
Gain (Loss) on Sale of Assets	0.05	2	0	-	1.47	0.49
Pretax Income	66.81	64.01	-26.2	45.92	205.22	92.34
Income Tax Expense	2.18	4.89	-5.39	7.7	38.29	16.35
Net Income	64.63	59.13	-20.81	38.22	166.93	75.99
Net Income to Common	64.63	59.13	-20.81	38.22	166.93	75.99
Net Income Growth	90.01%	-	-	-77.11%	119.66%	60.41%
Shares Outstanding (Basic)	131	131	131	131	131	131
Shares Outstanding (Diluted)	131	131	131	131	131	131
Shares Change (YoY)	0.05%	0.07%	-0.05%	-0.10%	0.04%	0.01%
EPS (Basic)	0.50	0.45	-0.16	0.29	1.28	0.58
EPS (Diluted)	0.49	0.45	-0.16	0.29	1.28	0.58
EPS Growth	88.42%	-	-	-77.33%	120.50%	61.11%
Free Cash Flow	-154.06	-102.31	83.86	256.56	52.62	-102.77
Free Cash Flow Per Share	-1.18	-0.78	0.64	1.97	0.40	-0.79
Dividend Per Share	0.375	0.375	-	0.200	1.180	0.530
Dividend Growth	-	-	-	-83.05%	122.64%	51.43%
Gross Margin	3.57%	3.94%	1.52%	3.22%	8.63%	5.98%
Operating Margin	0.40%	0.54%	-2.05%	0.51%	5.45%	2.71%
Profit Margin	2.04%	1.99%	-0.73%	1.14%	4.78%	2.33%
Free Cash Flow Margin	-4.86%	-3.45%	2.93%	7.63%	1.51%	-3.15%
EBITDA	26.89	30.4	-43.45	34.07	211.46	107.68
EBITDA Margin	0.85%	1.02%	-1.52%	1.01%	6.06%	3.30%
D&A For EBITDA	14.07	14.43	15.34	17.02	21.31	19.08
EBIT	12.83	15.97	-58.79	17.05	190.15	88.61
EBIT Margin	0.40%	0.54%	-2.05%	0.51%	5.45%	2.71%
Effective Tax Rate	3.26%	7.64%	-	16.78%	18.66%	17.71%
Advertising Expenses	-	0.17	-	-	-	-

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