Taiwan Paiho 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	15,775	15,459	12,445	16,270	18,288
Revenue Growth (YoY)	2.05%	24.21%	-23.51%	-11.03%	24.87%
Cost of Revenue	10,211	9,817	8,617	10,680	11,359
Gross Profit	5,564	5,642	3,828	5,591	6,929
Selling, General & Admin	2,442	2,370	2,253	2,430	2,374
Research & Development	551.52	514.82	514.01	543.76	558.25
Operating Expenses	2,989	2,885	2,778	2,876	2,951
Operating Income	2,575	2,757	1,050	2,715	3,978
Interest Expense	-558.52	-606.28	-617.65	-289.75	-137.9
Interest & Investment Income	36.58	59.4	59.98	47.29	88.75
Currency Exchange Gain (Loss)	-22.46	33.3	-25.9	111.51	-17.48
Other Non Operating Income (Expenses)	22	42.29	4.55	-13.16	115.71
EBT Excluding Unusual Items	2,053	2,286	470.78	2,571	4,027
Gain (Loss) on Sale of Investments	61.05	-	-	-	-
Gain (Loss) on Sale of Assets	-10.81	-1.81	-	-	-
Pretax Income	2,103	2,284	470.78	2,571	4,027
Income Tax Expense	580.93	685.24	193.59	781.85	1,361
Earnings From Continuing Operations	1,522	1,598	277.2	1,789	2,666
Minority Interest in Earnings	-300.84	-182.31	303.98	-268.37	-606.27
Net Income	1,221	1,416	581.18	1,520	2,060
Net Income to Common	1,221	1,416	581.18	1,520	2,060
Net Income Growth	-13.78%	143.67%	-61.78%	-26.19%	32.73%
Shares Outstanding (Basic)	298	298	298	298	298
Shares Outstanding (Diluted)	298	298	298	299	298
Shares Change (YoY)	0.03%	0.05%	-0.10%	0.02%	0.01%
EPS (Basic)	4.10	4.75	1.95	5.10	6.91
EPS (Diluted)	4.09	4.75	1.95	5.09	6.90
EPS Growth	-13.89%	143.59%	-61.69%	-26.23%	32.69%
Free Cash Flow	401.14	1,328	-362.96	-632.03	825.11
Free Cash Flow Per Share	1.34	4.45	-1.22	-2.12	2.76
Dividend Per Share	3.000	3.000	1.000	2.500	3.500
Dividend Growth	-	200.00%	-60.00%	-28.57%	16.67%
Gross Margin	35.27%	36.50%	30.76%	34.36%	37.89%
Operating Margin	16.32%	17.83%	8.43%	16.68%	21.75%
Profit Margin	7.74%	9.16%	4.67%	9.35%	11.26%
Free Cash Flow Margin	2.54%	8.59%	-2.92%	-3.89%	4.51%
EBITDA	3,958	4,063	2,312	3,902	5,189
EBITDA Margin	25.09%	26.29%	18.58%	23.98%	28.38%
D&A For EBITDA	1,383	1,307	1,262	1,187	1,212
EBIT	2,575	2,757	1,050	2,715	3,978
EBIT Margin	16.32%	17.83%	8.43%	16.68%	21.75%
Effective Tax Rate	27.63%	30.01%	41.12%	30.41%	33.79%

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