Hiwin Technologies Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	24,135	24,392	24,633	29,315	27,265	21,267	Upgrade
Revenue Growth (YoY)	1.52%	-0.98%	-15.97%	7.52%	28.21%	5.23%	Upgrade
Cost of Revenue	17,180	17,174	16,978	18,599	17,450	15,476	Upgrade
Gross Profit	6,955	7,218	7,655	10,715	9,815	5,790	Upgrade
Selling, General & Admin	4,291	4,196	4,061	4,014	3,642	3,044	Upgrade
Research & Development	1,018	963.36	943.46	1,129	1,059	1,014	Upgrade
Operating Expenses	5,309	5,159	5,004	5,143	4,701	4,058	Upgrade
Operating Income	1,646	2,059	2,651	5,572	5,115	1,732	Upgrade
Interest Expense	-197.99	-178.23	-194.84	-186.88	-169.16	-220.92	Upgrade
Interest & Investment Income	89.38	95.38	62.42	53.91	13.41	13.08	Upgrade
Earnings From Equity Investments	20.32	35.42	48.72	79.73	41.62	33.7	Upgrade
Currency Exchange Gain (Loss)	-165.78	187.25	16.42	301.09	-180.52	186.77	Upgrade
Other Non Operating Income (Expenses)	148.2	128.02	117.38	141.74	203.84	219.04	Upgrade
EBT Excluding Unusual Items	1,540	2,327	2,701	5,962	5,024	1,964	Upgrade
Gain (Loss) on Sale of Investments	3.06	-38.35	5.29	-20.65	-4.49	-46.99	Upgrade
Gain (Loss) on Sale of Assets	-17.01	-38.64	-166.28	-123.43	-44.47	340.05	Upgrade
Asset Writedown	-	-	-	-	-500	-	Upgrade
Other Unusual Items	-	-	-	-	-	46.27	Upgrade
Pretax Income	1,526	2,250	2,540	5,818	4,475	2,303	Upgrade
Income Tax Expense	241.28	386.82	708.54	1,506	1,320	604.69	Upgrade
Earnings From Continuing Operations	1,285	1,863	1,832	4,312	3,155	1,699	Upgrade
Minority Interest in Earnings	109.01	109.13	203.24	167.65	377.54	230.95	Upgrade
Net Income	1,394	1,972	2,035	4,479	3,532	1,930	Upgrade
Net Income to Common	1,394	1,972	2,035	4,479	3,532	1,930	Upgrade
Net Income Growth	-29.40%	-3.09%	-54.57%	26.82%	83.04%	3.45%	Upgrade
Shares Outstanding (Basic)	354	354	354	345	341	329	Upgrade
Shares Outstanding (Diluted)	354	354	355	347	342	329	Upgrade
Shares Change (YoY)	-0.11%	-0.10%	2.08%	1.65%	3.79%	-0.02%	Upgrade
EPS (Basic)	3.94	5.57	5.75	12.98	10.36	5.87	Upgrade
EPS (Diluted)	3.93	5.56	5.74	12.89	10.33	5.86	Upgrade
EPS Growth	-29.45%	-3.14%	-55.47%	24.78%	76.28%	3.53%	Upgrade
Free Cash Flow	636.52	-95.79	1,826	3,900	5,902	3,622	Upgrade
Free Cash Flow Per Share	1.80	-0.27	5.15	11.22	17.27	11.00	Upgrade
Dividend Per Share	2.400	2.400	2.500	5.500	4.500	1.942	Upgrade
Dividend Growth	-4.00%	-4.00%	-54.55%	22.22%	131.76%	14.44%	Upgrade
Gross Margin	28.82%	29.59%	31.08%	36.55%	36.00%	27.23%	Upgrade
Operating Margin	6.82%	8.44%	10.76%	19.01%	18.76%	8.15%	Upgrade
Profit Margin	5.78%	8.09%	8.26%	15.28%	12.96%	9.07%	Upgrade
Free Cash Flow Margin	2.64%	-0.39%	7.41%	13.30%	21.65%	17.03%	Upgrade
EBITDA	3,838	4,212	4,793	7,591	7,185	3,880	Upgrade
EBITDA Margin	15.90%	17.27%	19.46%	25.89%	26.35%	18.25%	Upgrade
D&A For EBITDA	2,191	2,154	2,142	2,018	2,071	2,148	Upgrade
EBIT	1,646	2,059	2,651	5,572	5,115	1,732	Upgrade
EBIT Margin	6.82%	8.44%	10.76%	19.01%	18.76%	8.15%	Upgrade
Effective Tax Rate	15.81%	17.20%	27.89%	25.89%	29.50%	26.25%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.