Hushan Autoparts 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	1,664	1,360	1,165	1,139	1,227
Revenue Growth (YoY)	22.39%	16.71%	2.30%	-7.16%	14.64%
Cost of Revenue	1,160	825.41	738.69	689.58	716.2
Gross Profit	504.12	534.22	426.23	449.13	510.38
Selling, General & Admin	121.44	113.39	97.95	99.63	87.33
Research & Development	77.49	84.62	60.8	48.27	27.94
Operating Expenses	198.93	198	158.75	147.9	115.26
Operating Income	305.19	336.22	267.48	301.23	395.12
Interest Expense	-0.48	-7.5	-11.56	-5.84	-1.45
Interest & Investment Income	70.25	94.3	89.1	28.95	3.82
Currency Exchange Gain (Loss)	-55.96	143.29	5.7	138.42	-16.31
Other Non Operating Income (Expenses)	32.49	49.2	22.24	12.58	7.49
EBT Excluding Unusual Items	351.49	615.51	372.97	475.34	388.67
Gain (Loss) on Sale of Investments	-	-	1.09	-1.35	28.39
Gain (Loss) on Sale of Assets	103.18	-	-	0.32	-
Pretax Income	454.67	615.51	374.06	474.31	417.05
Income Tax Expense	80.3	121.39	77.18	103.84	81.8
Net Income	374.37	494.12	296.87	370.47	335.25
Net Income to Common	374.37	494.12	296.87	370.47	335.25
Net Income Growth	-24.23%	66.44%	-19.86%	10.51%	37.91%
Shares Outstanding (Basic)	74	69	68	60	60
Shares Outstanding (Diluted)	74	69	69	60	60
Shares Change (YoY)	8.06%	0.36%	13.84%	0.04%	0.01%
EPS (Basic)	5.04	7.19	4.34	6.17	5.59
EPS (Diluted)	5.03	7.18	4.33	6.15	5.57
EPS Growth	-29.94%	65.82%	-29.59%	10.41%	37.87%
Free Cash Flow	-292.57	15.18	296.66	253.83	238.82
Free Cash Flow Per Share	-3.93	0.22	4.33	4.21	3.97
Dividend Per Share	3.800	3.520	2.100	1.000	1.200
Dividend Growth	7.95%	67.62%	110.00%	-16.67%	20.00%
Gross Margin	30.29%	39.29%	36.59%	39.44%	41.61%
Operating Margin	18.34%	24.73%	22.96%	26.45%	32.21%
Profit Margin	22.50%	36.34%	25.49%	32.53%	27.33%
Free Cash Flow Margin	-17.58%	1.12%	25.47%	22.29%	19.47%
EBITDA	405.13	396.62	321.58	355.56	449.44
EBITDA Margin	24.35%	29.17%	27.61%	31.23%	36.64%
D&A For EBITDA	99.94	60.4	54.1	54.33	54.32
EBIT	305.19	336.22	267.48	301.23	395.12
EBIT Margin	18.34%	24.73%	22.96%	26.45%	32.21%
Effective Tax Rate	17.66%	19.72%	20.63%	21.89%	19.61%

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