Ares International Corp. (TPE:2471)

Ares International Financials Overview

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

Revenue & Profits

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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 Revenue Growth	1,029	1,000	877.67	841.83	802.5	800.73
Revenue Growth	12.34%	13.95%	4.26%	4.90%	0.22%	3.50%
Gross Profit Gross Profit Growth	443.94	434.11	352.42	343.79	335.99	333.78
Operating Income Operating Income Growth	184.17	179.31	110.26	101.49	99.64	123.46
Net Income Net Income Growth	181.2	171.75	157.38	172.97	143.42	114.53
Earnings Per Share EPS Growth	3.78	3.58	3.29	3.63	2.99	2.40
EPS Growth	11.77%	8.82%	-9.37%	21.40%	24.58%	17.07%

Revenue by Segment

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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
Elimination of Inter-Segment Income Elimination of Inter-Segment Income Growth	-18.85	-16.31	-16.32	-20.29	-12.59	-17.81
Industrial and Commercial Department Industrial and Commercial Department Growth	526.4	513.52	457.49	460.75	411.26	390.93
Special Cases Department Special Cases Department Growth	156.15	140.46	137.39	130.66	155.88	180.99
Finance Department Finance Department Growth	365.2	362.46	299.12	270.71	247.96	246.62
Total Total Growth	1,029	1,000	877.67	841.83	802.5	800.73

Cash & Debt

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Fiscal Year	Current	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
Cash & Investments Cash & Investments Growth	1,011	956.7	870.86	947.26	886.49	829.71
Total Debt Total Debt Growth	17.23	22.1	11.52	16.66	6.97	20.96
Net Cash (Debt) Net Cash Growth	994.16	934.6	859.34	930.6	879.52	808.75
Net Cash Growth	20.77%	8.76%	-7.66%	5.81%	8.75%	-9.73%
Net Cash Per Share Net Cash Per Share Growth	20.73	19.51	17.98	19.53	18.35	16.91

Cash Flow & CapEx

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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
Operating Cash Flow Operating Cash Flow Growth	301.24	238.24	127.32	128.8	172.06	21.15
Capital Expenditures CapEx Growth	-7.66	-8.55	-52.08	-1.75	-2.22	-2.05
Free Cash Flow Free Cash Flow Growth	293.58	229.69	75.24	127.05	169.84	19.1
Free Cash Flow Growth	168.48%	205.28%	-40.78%	-25.19%	789.42%	-87.24%

Margins

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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
Gross Margin	43.15%	43.41%	40.15%	40.84%	41.87%	41.68%
Operating Margin	17.90%	17.93%	12.56%	12.06%	12.42%	15.42%
Pretax Margin	20.85%	20.36%	21.70%	23.24%	21.46%	17.34%
Profit Margin	17.61%	17.17%	17.93%	20.55%	17.87%	14.30%
FCF Margin	28.53%	22.97%	8.57%	15.09%	21.16%	2.38%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	3.312	3.312	3.060	3.290	2.830	2.240
Dividend Per Share Growth	8.26%	8.23%	-6.99%	16.25%	26.34%	49.33%
Dividend Yield	6.90%	7.10%	6.46%	7.29%	12.62%	11.56%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	12.60	13.72	16.06	14.73	9.29	10.93
Forward PE	-	19.57	17.83	-	-	-
P/FCF Ratio	7.66	10.26	33.60	20.05	7.85	65.58
PS Ratio	2.19	2.36	2.88	3.03	1.66	1.56

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 28, 2026

Data Sources Report a data error