Li Cheng Enterprise 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	880.99	969.98	1,292	1,398	642.9
Revenue Growth (YoY)	-9.18%	-24.93%	-7.59%	117.49%	-47.18%
Cost of Revenue	1,044	1,005	1,060	1,274	912.07
Gross Profit	-163.11	-34.94	232.22	124.17	-269.18
Selling, General & Admin	214.55	224.06	242.42	262.13	152.81
Research & Development	13.58	15.92	15.96	16.59	15.67
Operating Expenses	227.23	239.64	254.25	282.76	166.85
Operating Income	-390.34	-274.59	-22.03	-158.59	-436.03
Interest Expense	-43.98	-35.44	-33.99	-27.97	-20.03
Interest & Investment Income	19.24	26.84	16.62	5.12	0.73
Earnings From Equity Investments	-6.68	-3.1	-1.66	1.43	-
Currency Exchange Gain (Loss)	-66.97	61.07	-5.44	118.28	-29.48
Other Non Operating Income (Expenses)	1.72	1.77	3.59	4.02	21.23
EBT Excluding Unusual Items	-487.01	-223.46	-42.91	-57.71	-463.57
Gain (Loss) on Sale of Investments	-21.78	-	-	-	-
Gain (Loss) on Sale of Assets	-	0.04	0.1	-	-0.65
Pretax Income	-508.78	-223.43	-42.81	-57.71	-464.22
Income Tax Expense	-1.25	12.08	-0.86	21.77	-92.65
Earnings From Continuing Operations	-507.53	-235.51	-41.95	-79.48	-371.57
Minority Interest in Earnings	0.16	0.13	0.14	-	-
Net Income	-507.37	-235.38	-41.8	-79.48	-371.57
Net Income to Common	-507.37	-235.38	-41.8	-79.48	-371.57
Shares Outstanding (Basic)	173	173	173	173	173
Shares Outstanding (Diluted)	173	173	173	173	173
EPS (Basic)	-2.94	-1.36	-0.24	-0.46	-2.15
EPS (Diluted)	-2.94	-1.36	-0.24	-0.46	-2.15
Free Cash Flow	-411.2	-36.88	285.15	-233.07	-456.94
Free Cash Flow Per Share	-2.38	-0.21	1.65	-1.35	-2.65
Gross Margin	-18.51%	-3.60%	17.97%	8.88%	-41.87%
Operating Margin	-44.31%	-28.31%	-1.70%	-11.34%	-67.82%
Profit Margin	-57.59%	-24.27%	-3.23%	-5.68%	-57.80%
Free Cash Flow Margin	-46.67%	-3.80%	22.07%	-16.67%	-71.08%
EBITDA	-184.89	-57.52	212.9	99.87	-94.06
EBITDA Margin	-20.99%	-5.93%	16.48%	7.14%	-14.63%
D&A For EBITDA	205.46	217.07	234.93	258.46	341.97
EBIT	-390.34	-274.59	-22.03	-158.59	-436.03
EBIT Margin	-44.31%	-28.31%	-1.70%	-11.34%	-67.82%

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