Taiwan Shin Kong Security 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	8,134	7,846	7,713	7,653	7,567
Revenue Growth (YoY)	3.67%	1.73%	0.78%	1.14%	5.17%
Cost of Revenue	5,430	5,122	5,014	4,914	4,912
Gross Profit	2,704	2,724	2,699	2,738	2,655
Selling, General & Admin	1,871	1,871	1,756	1,705	1,621
Research & Development	67.51	59.27	66.86	50.58	47.16
Operating Expenses	1,937	1,930	1,823	1,756	1,675
Operating Income	767.26	794.2	875.59	982.47	979.9
Interest Expense	-47.38	-45.75	-42.47	-30.42	-23.3
Interest & Investment Income	380.78	281.55	275.43	277.26	272.12
Earnings From Equity Investments	-1.28	13.48	1.46	-19.32	-32.23
Currency Exchange Gain (Loss)	-6	5.91	-6.23	9.95	-10.74
Other Non Operating Income (Expenses)	85.37	60.17	68.88	28.94	50.75
EBT Excluding Unusual Items	1,179	1,110	1,173	1,249	1,236
Impairment of Goodwill	-34.33	-	-	-	-
Gain (Loss) on Sale of Investments	1.49	-0.19	27.24	-4.14	2.8
Gain (Loss) on Sale of Assets	-0.44	1.55	0.11	0.2	0.45
Other Unusual Items	-0.17	0.02	0.01	-0	-0
Pretax Income	1,145	1,111	1,200	1,245	1,240
Income Tax Expense	166.03	169.25	192.22	208.58	201.58
Earnings From Continuing Operations	979.26	941.69	1,008	1,036	1,038
Minority Interest in Earnings	-68.1	-56.39	-69.93	-71.2	-75.03
Net Income	911.17	885.3	937.88	965.18	963.13
Net Income to Common	911.17	885.3	937.88	965.18	963.13
Net Income Growth	2.92%	-5.61%	-2.83%	0.21%	8.46%
Shares Outstanding (Basic)	385	385	385	385	385
Shares Outstanding (Diluted)	386	386	386	386	386
Shares Change (YoY)	0.03%	0.01%	-0.01%	0.04%	0.00%
EPS (Basic)	2.37	2.30	2.43	2.51	2.50
EPS (Diluted)	2.36	2.29	2.43	2.50	2.50
EPS Growth	3.06%	-5.76%	-2.80%	-	8.70%
Free Cash Flow	829.28	663.22	836.59	828.36	1,100
Free Cash Flow Per Share	2.15	1.72	2.17	2.15	2.85
Dividend Per Share	2.000	2.000	2.000	2.000	2.000
Gross Margin	33.24%	34.72%	34.99%	35.78%	35.08%
Operating Margin	9.43%	10.12%	11.35%	12.84%	12.95%
Profit Margin	11.20%	11.28%	12.16%	12.61%	12.73%
Free Cash Flow Margin	10.20%	8.45%	10.85%	10.82%	14.54%
EBITDA	1,457	1,429	1,495	1,565	1,526
EBITDA Margin	17.91%	18.22%	19.38%	20.44%	20.16%
D&A For EBITDA	689.39	635.01	619.22	582.05	545.76
EBIT	767.26	794.2	875.59	982.47	979.9
EBIT Margin	9.43%	10.12%	11.35%	12.84%	12.95%
Effective Tax Rate	14.50%	15.24%	16.02%	16.75%	16.26%

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