Zinwell 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	2,609	2,610	5,817	6,582	6,278
Revenue Growth (YoY)	-0.05%	-55.12%	-11.63%	4.85%	-20.91%
Cost of Revenue	2,497	2,907	5,236	6,085	6,175
Gross Profit	112.13	-296.96	580.62	497.01	102.98
Selling, General & Admin	281.03	310.08	322.87	438.14	367.45
Research & Development	195.55	251.47	387.41	325.18	233.58
Operating Expenses	556.21	577.68	729.77	751.38	595.51
Operating Income	-444.08	-874.64	-149.14	-254.37	-492.53
Interest Expense	-1.68	-16.25	-9.67	-0.51	-0.12
Interest & Investment Income	38.4	49.56	35.11	12.14	15.86
Currency Exchange Gain (Loss)	-	82.51	29.85	104.32	0.03
Other Non Operating Income (Expenses)	60.81	137.7	63.7	118.27	99.92
EBT Excluding Unusual Items	-346.55	-621.11	-30.16	-20.15	-376.83
Gain (Loss) on Sale of Assets	-	-5.56	1.14	-0.88	-0
Asset Writedown	-	-76.48	-244.59	-	-
Legal Settlements	-	-	4.23	-1.19	-4.23
Other Unusual Items	-	-	-	-	-9.78
Pretax Income	-346.55	-703.15	-269.38	-22.22	-390.84
Income Tax Expense	-11.71	26.8	17.94	45.14	-19.87
Earnings From Continuing Operations	-334.84	-729.95	-287.32	-67.36	-370.98
Minority Interest in Earnings	29.27	13.43	215.19	67.74	16.77
Net Income	-305.57	-716.51	-72.13	0.38	-354.21
Net Income to Common	-305.57	-716.51	-72.13	0.38	-354.21
Shares Outstanding (Basic)	318	318	318	318	318
Shares Outstanding (Diluted)	318	318	318	318	318
Shares Change (YoY)	0.19%	-	-0.02%	0.02%	-
EPS (Basic)	-0.96	-2.26	-0.23	0.00	-1.11
EPS (Diluted)	-0.96	-2.26	-0.23	0.00	-1.11
Free Cash Flow	-631.93	466.52	1,275	-876.42	-968.77
Free Cash Flow Per Share	-1.99	1.47	4.01	-2.76	-3.05
Gross Margin	4.30%	-11.38%	9.98%	7.55%	1.64%
Operating Margin	-17.02%	-33.51%	-2.56%	-3.86%	-7.85%
Profit Margin	-11.71%	-27.45%	-1.24%	0.01%	-5.64%
Free Cash Flow Margin	-24.22%	17.87%	21.92%	-13.31%	-15.43%
EBITDA	-233.78	-650.81	193.16	20.84	-255.6
EBITDA Margin	-8.96%	-24.93%	3.32%	0.32%	-4.07%
D&A For EBITDA	210.3	223.82	342.31	275.2	236.93
EBIT	-444.08	-874.64	-149.14	-254.37	-492.53
EBIT Margin	-17.02%	-33.51%	-2.56%	-3.86%	-7.85%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.