Ya Horng Electronic 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	3,327	3,318	3,406	3,008	3,917
Revenue Growth (YoY)	0.27%	-2.58%	13.25%	-23.21%	11.53%
Cost of Revenue	2,542	2,463	2,541	2,319	3,123
Gross Profit	785.11	855.62	865.45	689.04	793.81
Selling, General & Admin	283.35	274	283.31	276.84	286.75
Research & Development	112.43	114.66	111.2	110.83	112.87
Operating Expenses	395.78	388.66	394.51	387.67	399.62
Operating Income	389.34	466.96	470.94	301.37	394.19
Interest Expense	-3.06	-2.33	-0.47	-0.69	-0.42
Interest & Investment Income	21.02	20.63	14.11	7.14	4.37
Currency Exchange Gain (Loss)	-4.92	34.75	20.76	79.41	-22.4
Other Non Operating Income (Expenses)	8.03	6.3	7.26	-0.24	2.19
EBT Excluding Unusual Items	410.4	526.32	512.61	386.99	377.93
Gain (Loss) on Sale of Investments	-	-	-	0.04	0.02
Gain (Loss) on Sale of Assets	1.66	0.94	0.66	-0.31	-1.27
Pretax Income	412.06	527.25	513.26	386.72	376.68
Income Tax Expense	80.9	109.51	99.85	54.63	75.18
Net Income	331.16	417.75	413.41	332.09	301.5
Net Income to Common	331.16	417.75	413.41	332.09	301.5
Net Income Growth	-20.73%	1.05%	24.49%	10.15%	0.94%
Shares Outstanding (Basic)	89	89	89	89	89
Shares Outstanding (Diluted)	90	90	90	90	90
Shares Change (YoY)	-0.16%	-0.03%	-0.03%	0.23%	-0.10%
EPS (Basic)	3.71	4.68	4.63	3.72	3.38
EPS (Diluted)	3.69	4.64	4.59	3.69	3.36
EPS Growth	-20.47%	1.09%	24.39%	9.82%	1.21%
Free Cash Flow	276.97	297	765.64	266.24	279.22
Free Cash Flow Per Share	3.08	3.30	8.51	2.96	3.11
Dividend Per Share	3.100	4.000	3.900	3.000	3.000
Dividend Growth	-22.50%	2.56%	30.00%	-	-
Gross Margin	23.60%	25.79%	25.41%	22.91%	20.27%
Operating Margin	11.70%	14.07%	13.83%	10.02%	10.06%
Profit Margin	9.95%	12.59%	12.14%	11.04%	7.70%
Free Cash Flow Margin	8.33%	8.95%	22.48%	8.85%	7.13%
EBITDA	437.28	514.78	517.15	349.5	452.28
EBITDA Margin	13.14%	15.51%	15.18%	11.62%	11.55%
D&A For EBITDA	47.94	47.81	46.21	48.13	58.09
EBIT	389.34	466.96	470.94	301.37	394.19
EBIT Margin	11.70%	14.07%	13.83%	10.02%	10.06%
Effective Tax Rate	19.63%	20.77%	19.45%	14.13%	19.96%

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