TPE:2514 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
Total Interest & Dividend Income	92.01	92.66	64.11	23.2	7.93
Gain (Loss) on Sale of Investments	-	22.91	370.68	3.88	600.97
Non-Insurance Activities Revenue	21,640	24,899	17,823	9,169	11,426
Total Revenue	21,732	25,015	18,258	9,196	12,035
Revenue Growth (YoY)	-13.12%	37.01%	98.54%	-23.59%	4.00%
Selling, General & Administrative	1,737	1,753	1,181	350.48	496.96
Provision for Bad Debts	184.57	1.63	-1.21	-0.32	0.37
Non-Insurance Activities Expense	18,759	21,552	16,179	8,563	10,616
Total Operating Expenses	20,681	23,307	17,359	8,913	11,113
Operating Income	1,051	1,708	898.92	283.03	921.51
Interest Expense	-171.09	-149.49	-119.78	-117.82	-104.64
Earnings From Equity Investments	64.64	49.66	-80.42	262.5	-3.89
Currency Exchange Gain (Loss)	-	38.42	-1.5	0.95	0.28
Other Non Operating Income (Expenses)	278.91	119.9	50.26	18.8	226.68
EBT Excluding Unusual Items	1,224	1,766	747.46	447.45	1,040
Gain (Loss) on Sale of Assets	-	24.92	1.55	-6.47	12.33
Other Unusual Items	-	-	-	24.83	-28.77
Pretax Income	1,224	1,791	749.02	465.82	1,024
Income Tax Expense	175.76	345.34	271.21	134.17	113.1
Earnings From Continuing Ops.	1,048	1,446	477.8	331.65	910.41
Net Income to Company	1,048	1,446	477.8	331.65	910.41
Minority Interest in Earnings	-379.58	-421.67	-105.04	-4.18	-24.03
Net Income	668.21	1,024	372.76	327.47	886.38
Net Income to Common	668.21	1,024	372.76	327.47	886.38
Net Income Growth	-34.75%	174.71%	13.83%	-63.06%	-19.47%
Shares Outstanding (Basic)	361	362	362	362	362
Shares Outstanding (Diluted)	361	362	362	362	362
Shares Change (YoY)	-0.17%	0.00%	-0.03%	-0.15%	-0.71%
EPS (Basic)	1.85	2.83	1.03	0.91	2.45
EPS (Diluted)	1.85	2.83	1.03	0.90	2.45
EPS Growth	-34.63%	174.76%	14.44%	-63.27%	-18.75%
Free Cash Flow	-252.44	4,851	947.74	1,354	393.24
Free Cash Flow Per Share	-0.70	13.41	2.62	3.74	1.08
Operating Margin	4.84%	6.83%	4.92%	3.08%	7.66%
Profit Margin	3.08%	4.09%	2.04%	3.56%	7.36%
Free Cash Flow Margin	-1.16%	19.39%	5.19%	14.72%	3.27%
EBITDA	1,283	1,932	1,087	353.94	987.82
EBITDA Margin	5.90%	7.72%	5.96%	3.85%	8.21%
D&A For EBITDA	231.47	224.62	188.26	70.91	66.31
EBIT	1,051	1,708	898.92	283.03	921.51
EBIT Margin	4.84%	6.83%	4.92%	3.08%	7.66%
Effective Tax Rate	14.37%	19.28%	36.21%	28.80%	11.05%

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