Hsin Ba Ba Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,853	4,375	3,728	2,974	1,415	167.83
Revenue Growth (YoY)	-39.32%	17.35%	25.36%	110.14%	743.23%	894.54%
Cost of Revenue	1,265	3,042	2,648	2,097	950.61	126.08
Gross Profit	588.34	1,332	1,080	876.7	464.56	41.75
Selling, General & Admin	422.26	546.04	374.67	300.22	183.38	92.16
Operating Expenses	422.26	546.04	374.67	300.22	183.38	92.16
Operating Income	166.09	786.25	704.88	576.47	281.18	-50.41
Interest Expense	-33.82	-66.6	-38.42	-32.58	-40.83	-35.81
Interest & Investment Income	6.94	4.39	1.89	0.35	0.17	0.18
Other Non Operating Income (Expenses)	-3.22	1.14	2.6	3.62	6.27	4.53
EBT Excluding Unusual Items	136	725.18	670.95	547.85	246.79	-81.51
Other Unusual Items	-	-	-	-	-	-7.49
Pretax Income	136	725.18	670.95	547.85	246.79	-88.99
Income Tax Expense	68.74	153.2	150.5	124.44	-14.98	-
Net Income	67.26	571.98	520.45	423.41	261.77	-88.99
Net Income to Common	67.26	571.98	520.45	423.41	261.77	-88.99
Net Income Growth	-77.76%	9.90%	22.92%	61.75%	-	-
Shares Outstanding (Basic)	89	87	85	85	85	85
Shares Outstanding (Diluted)	89	90	88	85	85	85
Shares Change (YoY)	-2.23%	2.89%	2.70%	0.13%	0.01%	-
EPS (Basic)	0.76	6.55	6.11	4.98	3.08	-1.05
EPS (Diluted)	0.75	6.39	5.97	4.97	3.08	-1.05
EPS Growth	-77.56%	6.87%	20.30%	61.46%	-	-
Free Cash Flow	-1,010	2,384	1,784	1,086	-1,748	-1,804
Free Cash Flow Per Share	-11.34	26.48	20.39	12.74	-20.55	-21.21
Dividend Per Share	-	-	5.251	4.477	0.647	-
Dividend Growth	-	-	17.29%	592.39%	-	-
Gross Margin	31.75%	30.45%	28.96%	29.48%	32.83%	24.88%
Operating Margin	8.96%	17.97%	18.91%	19.38%	19.87%	-30.04%
Profit Margin	3.63%	13.08%	13.96%	14.24%	18.50%	-53.03%
Free Cash Flow Margin	-54.50%	54.49%	47.85%	36.51%	-123.54%	-1075.00%
EBITDA	167.7	787.67	705.81	577.2	283.31	-48.85
EBITDA Margin	9.05%	18.01%	18.93%	19.41%	20.02%	-29.11%
D&A For EBITDA	1.61	1.42	0.93	0.72	2.13	1.56
EBIT	166.09	786.25	704.88	576.47	281.18	-50.41
EBIT Margin	8.96%	17.97%	18.91%	19.38%	19.87%	-30.04%
Effective Tax Rate	50.54%	21.13%	22.43%	22.71%	-	-

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