Taiwan Shin Kong Security 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	7,992	7,846	7,713	7,653	7,567	7,195
Revenue Growth (YoY)	2.76%	1.73%	0.78%	1.14%	5.17%	1.64%
Cost of Revenue	5,271	5,122	5,014	4,914	4,912	4,754
Gross Profit	2,721	2,724	2,699	2,738	2,655	2,441
Selling, General & Admin	1,879	1,871	1,756	1,705	1,621	1,571
Research & Development	61.59	59.27	66.86	50.58	47.16	11.08
Operating Expenses	1,939	1,930	1,823	1,756	1,675	1,584
Operating Income	781.9	794.2	875.59	982.47	979.9	856.66
Interest Expense	-48.05	-45.75	-42.47	-30.42	-23.3	-19.53
Interest & Investment Income	380.75	281.55	275.43	277.26	272.12	265.76
Earnings From Equity Investments	13.11	13.48	1.46	-19.32	-32.23	-30.18
Currency Exchange Gain (Loss)	-15.73	5.91	-6.23	9.95	-10.74	-4.98
Other Non Operating Income (Expenses)	61.06	60.17	68.88	28.94	50.75	28.83
EBT Excluding Unusual Items	1,173	1,110	1,173	1,249	1,236	1,097
Gain (Loss) on Sale of Investments	-13.43	-0.19	27.24	-4.14	2.8	20.94
Gain (Loss) on Sale of Assets	0.63	1.55	0.11	0.2	0.45	10.1
Other Unusual Items	0.02	0.02	0.01	-0	-0	-
Pretax Income	1,160	1,111	1,200	1,245	1,240	1,128
Income Tax Expense	145.89	169.25	192.22	208.58	201.58	176.33
Earnings From Continuing Operations	1,014	941.69	1,008	1,036	1,038	951.27
Minority Interest in Earnings	-61.73	-56.39	-69.93	-71.2	-75.03	-63.25
Net Income	952.63	885.3	937.88	965.18	963.13	888.02
Net Income to Common	952.63	885.3	937.88	965.18	963.13	888.02
Net Income Growth	6.79%	-5.61%	-2.83%	0.21%	8.46%	9.09%
Shares Outstanding (Basic)	385	385	385	385	385	385
Shares Outstanding (Diluted)	386	386	386	386	386	386
Shares Change (YoY)	0.03%	0.01%	-0.01%	0.04%	0.00%	0.03%
EPS (Basic)	2.47	2.30	2.43	2.51	2.50	2.31
EPS (Diluted)	2.46	2.29	2.43	2.50	2.50	2.30
EPS Growth	6.49%	-5.76%	-2.80%	-	8.70%	9.01%
Free Cash Flow	796.06	663.22	836.59	828.36	1,100	642.64
Free Cash Flow Per Share	2.06	1.72	2.17	2.15	2.85	1.67
Dividend Per Share	2.000	2.000	2.000	2.000	2.000	2.000
Dividend Growth	-	-	-	-	-	6.31%
Gross Margin	34.04%	34.72%	34.99%	35.78%	35.08%	33.93%
Operating Margin	9.78%	10.12%	11.35%	12.84%	12.95%	11.91%
Profit Margin	11.92%	11.28%	12.16%	12.61%	12.73%	12.34%
Free Cash Flow Margin	9.96%	8.45%	10.85%	10.82%	14.54%	8.93%
EBITDA	1,458	1,429	1,495	1,565	1,526	1,447
EBITDA Margin	18.24%	18.22%	19.38%	20.44%	20.16%	20.12%
D&A For EBITDA	675.96	635.01	619.22	582.05	545.76	590.79
EBIT	781.9	794.2	875.59	982.47	979.9	856.66
EBIT Margin	9.78%	10.12%	11.35%	12.84%	12.95%	11.91%
Effective Tax Rate	12.57%	15.24%	16.02%	16.75%	16.26%	15.64%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.