Shin Shin Co Ltd. (TPE:2901)

Shin Shin Co Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	130.97	133.63	133.32	113.31	92.86	108.99
Revenue Growth (YoY)	-4.23%	0.23%	17.66%	22.02%	-14.80%	-20.82%
Cost of Revenue	15.34	15.68	9.67	10.14	9.21	8.7
Gross Profit	115.64	117.95	123.65	103.17	83.66	100.29
Selling, General & Admin	75.31	75.55	97.17	95.74	89.12	91.83
Other Operating Expenses	17.27	17.27	-	-	-	-
Operating Expenses	92.58	92.82	97.17	95.74	89.12	91.83
Operating Income	23.06	25.12	26.48	7.44	-5.47	8.46
Interest Expense	-0.04	-0.06	-0.1	-0.14	-0.17	-0.09
Interest & Investment Income	7.28	7.25	6.02	3.72	2.76	3.73
Currency Exchange Gain (Loss)	-2.14	1.76	-0.02	3.23	-0.81	-1.14
Other Non Operating Income (Expenses)	6.35	5.5	5.34	7.05	9.64	6.32
EBT Excluding Unusual Items	34.5	39.58	37.73	21.29	5.96	17.28
Gain (Loss) on Sale of Assets	-	-	-0.66	-	-	-
Pretax Income	34.5	39.58	37.07	21.29	5.96	17.28
Income Tax Expense	8.62	9.69	7.45	4.54	1.08	3.2
Net Income	25.88	29.89	29.62	16.75	4.88	14.09
Net Income to Common	25.88	29.89	29.62	16.75	4.88	14.09
Net Income Growth	-20.42%	0.91%	76.85%	243.29%	-65.36%	-56.94%
Shares Outstanding (Basic)	73	73	73	73	73	73
Shares Outstanding (Diluted)	73	73	73	73	73	73
Shares Change (YoY)	-0.00%	0.01%	0.04%	0.03%	-0.04%	-0.06%
EPS (Basic)	0.35	0.41	0.41	0.23	0.07	0.19
EPS (Diluted)	0.35	0.41	0.41	0.23	0.07	0.19
EPS Growth	-20.42%	0.91%	76.85%	243.29%	-64.84%	-57.58%
Free Cash Flow	33.29	35.67	44.94	40.09	6.35	33.25
Free Cash Flow Per Share	0.46	0.49	0.61	0.55	0.09	0.46
Dividend Per Share	0.371	0.371	0.360	0.210	0.070	0.180
Dividend Growth	3.07%	3.07%	71.43%	200.00%	-61.11%	-55.00%
Gross Margin	88.29%	88.27%	92.75%	91.05%	90.09%	92.02%
Operating Margin	17.60%	18.80%	19.86%	6.56%	-5.88%	7.76%
Profit Margin	19.76%	22.37%	22.22%	14.78%	5.25%	12.93%
Free Cash Flow Margin	25.42%	26.69%	33.71%	35.38%	6.84%	30.50%
EBITDA	40	41.96	44.51	27.39	12.58	25.66
EBITDA Margin	30.54%	31.40%	33.38%	24.18%	13.55%	23.54%
D&A For EBITDA	16.95	16.84	18.03	19.96	18.05	17.2
EBIT	23.06	25.12	26.48	7.44	-5.47	8.46
EBIT Margin	17.60%	18.80%	19.86%	6.56%	-5.88%	7.76%
Effective Tax Rate	24.98%	24.47%	20.09%	21.33%	18.15%	18.49%

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