Shin Hai Gas 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	2,470	2,332	2,289	2,237	2,142
Revenue Growth (YoY)	5.91%	1.86%	2.37%	4.41%	-2.53%
Selling, General & Admin	53.41	43.96	39.59	37.92	36.83
Depreciation & Amortization	7.91	6.03	5.74	5.62	5.29
Amortization of Goodwill & Intangibles	-	-	0.07	0.1	0.13
Provision for Bad Debts	-0.65	0.49	-0.03	-0.34	0.34
Other Operating Expenses	1,956	1,821	1,758	1,716	1,630
Total Operating Expenses	2,017	1,872	1,803	1,759	1,673
Operating Income	452.79	460.53	486.58	477.66	469.6
Interest Expense	-0.4	-0.35	-0.29	-0.16	-0.15
Interest Income	125.87	119.22	87.33	88.4	68.45
Net Interest Expense	125.47	118.87	87.04	88.24	68.3
Income (Loss) on Equity Investments	2.62	1.63	2.28	3.69	2.28
Other Non-Operating Income (Expenses)	8.34	3.2	3.63	3.31	4.39
EBT Excluding Unusual Items	589.22	584.22	579.52	572.9	544.57
Gain (Loss) on Sale of Investments	-5.78	-9.82	-2.58	-18.54	4.29
Gain (Loss) on Sale of Assets	-0.47	-0.14	-6.32	-2.38	-3.44
Other Unusual Items	1.75	1.66	1.58	1.57	1.47
Pretax Income	584.72	575.92	572.2	553.54	546.9
Income Tax Expense	102.88	101.43	104.46	101.19	98.39
Net Income	481.85	474.5	467.74	452.35	448.5
Net Income to Common	481.85	474.5	467.74	452.35	448.5
Net Income Growth	1.55%	1.44%	3.40%	0.86%	6.86%
Shares Outstanding (Basic)	180	180	180	180	180
Shares Outstanding (Diluted)	180	180	180	180	180
Shares Change (YoY)	0.02%	0.02%	-0.01%	-0.01%	0.01%
EPS (Basic)	2.68	2.64	2.61	2.52	2.50
EPS (Diluted)	2.68	2.63	2.60	2.51	2.49
EPS Growth	1.90%	1.15%	3.59%	0.80%	6.87%
Free Cash Flow	289.34	436.64	569.24	583.13	501.54
Free Cash Flow Per Share	1.61	2.42	3.16	3.24	2.79
Dividend Per Share	2.100	2.000	2.000	2.000	2.000
Dividend Growth	5.00%	-	-	-	11.11%
Profit Margin	19.51%	20.35%	20.43%	20.23%	20.94%
Free Cash Flow Margin	11.71%	18.72%	24.86%	26.07%	23.41%
EBITDA	847.34	834.08	834.02	811	782.88
EBITDA Margin	34.31%	35.77%	36.43%	36.26%	36.55%
D&A For EBITDA	394.55	373.55	347.44	333.35	313.28
EBIT	452.79	460.53	486.58	477.66	469.6
EBIT Margin	18.33%	19.75%	21.25%	21.36%	21.92%
Effective Tax Rate	17.59%	17.61%	18.25%	18.28%	17.99%

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