Huang Long Development 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	1,433	879.89	2,957	2,242	2,213
Revenue Growth (YoY)	62.91%	-70.24%	31.90%	1.31%	-8.26%
Cost of Revenue	931.89	653.09	2,341	1,653	1,640
Gross Profit	501.55	226.8	616.04	588.37	572.22
Selling, General & Admin	169.06	139.28	231.89	205.24	209.21
Research & Development	0.66	-	1.79	3.48	5.06
Operating Expenses	169.73	139.28	233.68	208.72	214.27
Operating Income	331.82	87.52	382.36	379.65	357.95
Interest Expense	-5.15	-4.69	-17.11	-28.49	-6.63
Interest & Investment Income	6.75	10.38	15.96	4.1	1.25
Currency Exchange Gain (Loss)	-	4.49	3.17	32.23	-3.1
Other Non Operating Income (Expenses)	7.06	-3.98	6.72	9.1	11.91
EBT Excluding Unusual Items	340.48	93.72	391.1	396.59	361.38
Gain (Loss) on Sale of Investments	-	-9.95	2.68	-	-
Gain (Loss) on Sale of Assets	-	-	246.71	-0.04	-
Other Unusual Items	-	-	-38.64	-	-
Pretax Income	340.48	83.77	601.85	396.55	361.38
Income Tax Expense	72.75	28.99	143.51	70.5	43.43
Net Income	267.73	54.78	458.34	326.06	317.95
Net Income to Common	267.73	54.78	458.34	326.06	317.95
Net Income Growth	388.74%	-88.05%	40.57%	2.55%	56.76%
Shares Outstanding (Basic)	110	95	84	84	84
Shares Outstanding (Diluted)	110	95	98	96	91
Shares Change (YoY)	16.30%	-3.17%	1.45%	5.62%	17.89%
EPS (Basic)	2.44	0.58	5.45	3.88	3.79
EPS (Diluted)	2.43	0.58	4.72	3.46	3.52
EPS Growth	319.27%	-87.72%	36.36%	-1.53%	34.16%
Free Cash Flow	59.54	-757.61	1,197	-391.28	-630.37
Free Cash Flow Per Share	0.54	-8.00	12.24	-4.06	-6.90
Dividend Per Share	-	1.200	3.206	3.000	3.000
Dividend Growth	-	-62.57%	6.86%	-	50.00%
Gross Margin	34.99%	25.78%	20.84%	26.25%	25.86%
Operating Margin	23.15%	9.95%	12.93%	16.94%	16.18%
Profit Margin	18.68%	6.23%	15.50%	14.55%	14.37%
Free Cash Flow Margin	4.15%	-86.10%	40.50%	-17.46%	-28.49%
EBITDA	336.99	89.26	398.06	398.93	391.27
EBITDA Margin	23.51%	10.14%	13.46%	17.80%	17.68%
D&A For EBITDA	5.17	1.73	15.7	19.28	33.32
EBIT	331.82	87.52	382.36	379.65	357.95
EBIT Margin	23.15%	9.95%	12.93%	16.94%	16.18%
Effective Tax Rate	21.37%	34.61%	23.84%	17.78%	12.02%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.