Hsin Ba Ba 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	1,296	4,375	3,728	2,974	1,415
Revenue Growth (YoY)	-70.37%	17.35%	25.36%	110.14%	743.23%
Cost of Revenue	870.62	3,042	2,648	2,097	950.61
Gross Profit	425.61	1,332	1,080	876.7	464.56
Selling, General & Admin	349.46	546.04	374.67	300.22	183.38
Operating Expenses	349.46	546.04	374.67	300.22	183.38
Operating Income	76.15	786.25	704.88	576.47	281.18
Interest Expense	-31.48	-66.6	-38.42	-32.58	-40.83
Interest & Investment Income	5.18	4.39	1.89	0.35	0.17
Other Non Operating Income (Expenses)	1.25	1.14	2.6	3.62	6.27
EBT Excluding Unusual Items	51.09	725.18	670.95	547.85	246.79
Pretax Income	51.09	725.18	670.95	547.85	246.79
Income Tax Expense	42.57	153.2	150.5	124.44	-14.98
Net Income	8.52	571.98	520.45	423.41	261.77
Net Income to Common	8.52	571.98	520.45	423.41	261.77
Net Income Growth	-98.51%	9.90%	22.92%	61.75%	-
Shares Outstanding (Basic)	90	89	85	85	85
Shares Outstanding (Diluted)	90	92	88	85	85
Shares Change (YoY)	-1.57%	4.96%	2.70%	0.13%	0.01%
EPS (Basic)	0.09	6.42	6.11	4.98	3.08
EPS (Diluted)	0.09	6.26	5.97	4.97	3.08
EPS Growth	-98.56%	4.75%	20.30%	61.46%	-
Free Cash Flow	-1,621	2,384	1,784	1,086	-1,748
Free Cash Flow Per Share	-17.93	25.95	20.39	12.74	-20.55
Dividend Per Share	-	-	5.251	4.477	0.647
Dividend Growth	-	-	17.29%	592.39%	-
Gross Margin	32.83%	30.45%	28.96%	29.48%	32.83%
Operating Margin	5.88%	17.97%	18.91%	19.38%	19.87%
Profit Margin	0.66%	13.08%	13.96%	14.24%	18.50%
Free Cash Flow Margin	-125.07%	54.49%	47.85%	36.51%	-123.54%
EBITDA	77.84	787.67	705.81	577.2	283.31
EBITDA Margin	6.00%	18.01%	18.93%	19.41%	20.02%
D&A For EBITDA	1.69	1.42	0.93	0.72	2.13
EBIT	76.15	786.25	704.88	576.47	281.18
EBIT Margin	5.88%	17.97%	18.91%	19.38%	19.87%
Effective Tax Rate	83.32%	21.13%	22.43%	22.71%	-

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