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

Sinkang Industries Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,057	3,041	2,969	2,862	3,361	3,489
Revenue Growth (YoY)	-0.42%	2.44%	3.72%	-14.84%	-3.67%	6.80%
Cost of Revenue	2,874	2,915	2,852	2,819	3,253	3,188
Gross Profit	183.42	126.78	116.65	43.42	108.11	300.93
Selling, General & Admin	105.99	100.41	99	91.38	91.43	111.78
Other Operating Expenses	2.14	2.14	-	-	-	-
Operating Expenses	107.74	101.82	100.68	102.21	91.07	110.78
Operating Income	75.68	24.97	15.97	-58.79	17.05	190.15
Interest Expense	-2.64	-2.37	-0.55	-0.55	-0.5	-0.79
Interest & Investment Income	2.13	2.09	1.54	2.98	1.08	0.04
Earnings From Equity Investments	50.16	50.98	40.39	26.88	17.75	12.81
Currency Exchange Gain (Loss)	-0.31	-0.31	2.08	0.7	7.63	-1.14
Other Non Operating Income (Expenses)	3.63	3.12	2.6	2.59	2.85	2.38
EBT Excluding Unusual Items	128.64	78.48	62.01	-26.2	45.86	203.45
Gain (Loss) on Sale of Investments	-	-	-	-	0.06	0.3
Gain (Loss) on Sale of Assets	0.05	0.05	2	0	-	1.47
Pretax Income	128.69	78.52	64.01	-26.2	45.92	205.22
Income Tax Expense	16.28	5.41	4.89	-5.39	7.7	38.29
Net Income	112.4	73.11	59.13	-20.81	38.22	166.93
Net Income to Common	112.4	73.11	59.13	-20.81	38.22	166.93
Net Income Growth	67.34%	23.65%	-	-	-77.11%	119.66%
Shares Outstanding (Basic)	131	131	131	131	131	131
Shares Outstanding (Diluted)	131	131	131	131	131	131
Shares Change (YoY)	0.18%	0.01%	0.07%	-0.05%	-0.10%	0.04%
EPS (Basic)	0.86	0.56	0.45	-0.16	0.29	1.28
EPS (Diluted)	0.86	0.56	0.45	-0.16	0.29	1.28
EPS Growth	68.69%	24.44%	-	-	-77.33%	120.50%
Free Cash Flow	197.63	71.16	-102.31	83.86	256.56	52.62
Free Cash Flow Per Share	1.51	0.55	-0.78	0.64	1.97	0.40
Dividend Per Share	0.500	0.500	0.375	-	0.200	1.180
Dividend Growth	33.33%	33.33%	-	-	-83.05%	122.64%
Gross Margin	6.00%	4.17%	3.93%	1.52%	3.22%	8.63%
Operating Margin	2.48%	0.82%	0.54%	-2.05%	0.51%	5.45%
Profit Margin	3.68%	2.40%	1.99%	-0.73%	1.14%	4.78%
Free Cash Flow Margin	6.46%	2.34%	-3.45%	2.93%	7.63%	1.51%
EBITDA	89.67	38.9	30.4	-43.45	34.07	211.46
EBITDA Margin	2.93%	1.28%	1.02%	-1.52%	1.01%	6.06%
D&A For EBITDA	14	13.93	14.43	15.34	17.02	21.31
EBIT	75.68	24.97	15.97	-58.79	17.05	190.15
EBIT Margin	2.48%	0.82%	0.54%	-2.05%	0.51%	5.45%
Effective Tax Rate	12.65%	6.89%	7.64%	-	16.78%	18.66%
Advertising Expenses	-	0.15	-	-	-	-

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