Niching Industrial Corporation (TPEX:3444)

Niching Industrial Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,238	1,153	976.4	1,060	1,219	964.46
Revenue Growth (YoY)	18.47%	18.14%	-7.92%	-13.00%	26.38%	19.98%
Cost of Revenue	946.2	868.56	720.64	749.45	908.46	694.98
Gross Profit	291.55	284.93	255.76	310.95	310.46	269.47
Selling, General & Admin	163.87	170.72	145.51	155.04	139.84	131.58
Research & Development	34.91	32.76	34.71	31.25	25.75	21.19
Operating Expenses	198.77	206.63	180.48	186.89	159.89	150.79
Operating Income	92.79	78.29	75.28	124.06	150.57	118.69
Interest Expense	-0.55	-0.52	-1.07	-2.04	-2.78	-2.67
Interest & Investment Income	17.1	7.78	8.33	4.87	2.34	2.34
Earnings From Equity Investments	30.65	31.67	18.91	59.97	15.15	20.16
Currency Exchange Gain (Loss)	-41	20.8	1.29	40.74	-6.7	-19.36
Other Non Operating Income (Expenses)	7.25	5.46	9.09	6.53	7.29	5.55
EBT Excluding Unusual Items	106.23	143.48	111.84	234.12	165.88	124.7
Gain (Loss) on Sale of Investments	20.9	-	-	-	-	0.5
Gain (Loss) on Sale of Assets	-	-	-	-	-0.02	-0.01
Pretax Income	127.12	143.48	111.84	234.12	165.86	125.2
Income Tax Expense	29.45	36.03	18.3	38.15	31.43	18.76
Net Income	97.67	107.45	93.55	195.98	134.43	106.43
Net Income to Common	97.67	107.45	93.55	195.98	134.43	106.43
Net Income Growth	-6.72%	14.87%	-52.27%	45.78%	26.30%	1.58%
Shares Outstanding (Basic)	45	45	44	40	40	40
Shares Outstanding (Diluted)	45	45	44	40	40	40
Shares Change (YoY)	0.29%	2.17%	10.08%	0.15%	-0.15%	-0.08%
EPS (Basic)	2.17	2.39	2.12	4.91	3.37	2.67
EPS (Diluted)	2.16	2.38	2.12	4.88	3.35	2.65
EPS Growth	-7.12%	12.26%	-56.58%	45.62%	26.66%	1.51%
Free Cash Flow	56.47	12.17	149.24	101.44	232.32	37.56
Free Cash Flow Per Share	1.25	0.27	3.38	2.53	5.80	0.94
Dividend Per Share	2.000	2.000	2.255	3.725	2.255	1.765
Dividend Growth	-11.30%	-11.30%	-39.47%	65.22%	27.78%	-
Gross Margin	23.55%	24.70%	26.19%	29.32%	25.47%	27.94%
Operating Margin	7.50%	6.79%	7.71%	11.70%	12.35%	12.31%
Profit Margin	7.89%	9.31%	9.58%	18.48%	11.03%	11.04%
Free Cash Flow Margin	4.56%	1.05%	15.29%	9.57%	19.06%	3.89%
EBITDA	105.77	91.41	87.75	136.29	161.52	127.06
EBITDA Margin	8.54%	7.92%	8.99%	12.85%	13.25%	13.17%
D&A For EBITDA	12.98	13.12	12.47	12.23	10.95	8.37
EBIT	92.79	78.29	75.28	124.06	150.57	118.69
EBIT Margin	7.50%	6.79%	7.71%	11.70%	12.35%	12.31%
Effective Tax Rate	23.17%	25.11%	16.36%	16.29%	18.95%	14.99%
Revenue as Reported	1,238	1,153	976.4	1,060	1,219	964.46
Advertising Expenses	-	103.06	76.88	-	-	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.