Wah Lee Industrial 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
Operating Revenue	78,189	80,031	66,782	73,570	70,515
Revenue	78,189	80,031	66,782	73,570	70,515
Revenue Growth (YoY)	-2.30%	19.84%	-9.23%	4.33%	19.35%
Cost of Revenue	71,875	74,073	61,256	68,004	64,533
Gross Profit	6,315	5,958	5,526	5,567	5,983
Selling, General & Admin	3,040	3,125	2,902	2,959	2,864
Operating Expenses	3,198	3,292	3,025	2,959	2,864
Operating Income	3,116	2,666	2,502	2,608	3,119
Interest Expense	-340.32	-445.64	-453.73	-341.91	-169.44
Interest & Investment Income	139.12	160.08	185.75	123.09	73.44
Earnings From Equity Investments	414.77	703.19	619.61	880.14	980.82
Currency Exchange Gain (Loss)	-	21.65	15.95	139.55	14.29
Other Non Operating Income (Expenses)	121.79	166.28	93.34	101.26	23.76
EBT Excluding Unusual Items	3,452	3,272	2,962	3,510	4,042
Gain (Loss) on Sale of Investments	-	-	-	7.2	21.79
Gain (Loss) on Sale of Assets	-	4.29	113.81	-17.18	-1.39
Asset Writedown	-	-4.13	-	-	-
Other Unusual Items	-	2.13	2.34	35.51	-46.13
Pretax Income	3,452	3,274	3,079	3,536	4,016
Income Tax Expense	850.8	734.22	762.44	809.32	906.81
Earnings From Continuing Operations	2,601	2,540	2,316	2,726	3,109
Minority Interest in Earnings	-307.04	-286.95	-202.46	-241.47	-265.9
Net Income	2,294	2,253	2,114	2,485	2,843
Net Income to Common	2,294	2,253	2,114	2,485	2,843
Net Income Growth	1.81%	6.59%	-14.93%	-12.61%	52.94%
Shares Outstanding (Basic)	259	253	236	236	236
Shares Outstanding (Diluted)	262	262	263	261	244
Shares Change (YoY)	0.18%	-0.25%	0.80%	6.60%	0.68%
EPS (Basic)	8.84	8.89	8.96	10.53	12.05
EPS (Diluted)	8.74	8.62	8.13	9.62	11.64
EPS Growth	1.42%	5.99%	-15.51%	-17.30%	51.91%
Free Cash Flow	4,883	-759.04	2,581	1,887	1,147
Free Cash Flow Per Share	18.61	-2.90	9.83	7.24	4.69
Dividend Per Share	-	5.300	4.950	6.100	6.800
Dividend Growth	-	7.07%	-18.85%	-10.29%	57.64%
Gross Margin	8.08%	7.45%	8.28%	7.57%	8.48%
Operating Margin	3.98%	3.33%	3.75%	3.55%	4.42%
Profit Margin	2.93%	2.81%	3.16%	3.38%	4.03%
Free Cash Flow Margin	6.25%	-0.95%	3.87%	2.56%	1.63%
EBITDA	3,585	3,014	2,849	2,945	3,381
EBITDA Margin	4.58%	3.77%	4.27%	4.00%	4.79%
D&A For EBITDA	468.63	348.26	347.16	337.48	262.12
EBIT	3,116	2,666	2,502	2,608	3,119
EBIT Margin	3.98%	3.33%	3.75%	3.55%	4.42%
Effective Tax Rate	24.65%	22.43%	24.77%	22.89%	22.58%

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