Shih Her Technologies 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	2,992	2,575	2,289	2,393	2,137
Revenue Growth (YoY)	16.17%	12.53%	-4.35%	11.97%	3.52%
Cost of Revenue	1,915	1,637	1,433	1,504	1,373
Gross Profit	1,077	938.44	856.01	888.94	763.62
Selling, General & Admin	450.92	406.86	390.96	391.47	371.06
Research & Development	102.34	105.67	82.49	64.49	40.18
Operating Expenses	555.89	510.53	476.13	443.15	346.73
Operating Income	521.48	427.91	379.89	445.79	416.9
Interest Expense	-8.73	-10.78	-11.99	-8.02	-6.64
Interest & Investment Income	12.55	12.4	16.97	15.93	9.91
Earnings From Equity Investments	69.17	31.43	19.71	9.26	10.75
Currency Exchange Gain (Loss)	-	10.42	1.28	18.35	-6.94
Other Non Operating Income (Expenses)	-4.61	6.33	7.17	0.56	13.88
EBT Excluding Unusual Items	589.86	477.71	413.02	481.87	437.86
Gain (Loss) on Sale of Investments	-	5.31	1.13	-2.77	3.08
Gain (Loss) on Sale of Assets	-	0.12	-0.21	-0.18	70.59
Asset Writedown	-	-13.37	-	-3.79	-18.42
Pretax Income	589.86	469.77	413.93	475.12	493.11
Income Tax Expense	110.57	96.64	99.96	111.97	86.05
Earnings From Continuing Operations	479.29	373.13	313.97	363.16	407.06
Minority Interest in Earnings	-	-	-	-	-0.44
Net Income	479.29	373.13	313.97	363.16	406.63
Net Income to Common	479.29	373.13	313.97	363.16	406.63
Net Income Growth	28.45%	18.84%	-13.54%	-10.69%	61.46%
Shares Outstanding (Basic)	57	56	56	57	57
Shares Outstanding (Diluted)	58	57	57	58	57
Shares Change (YoY)	2.27%	-0.32%	-1.32%	0.15%	0.29%
EPS (Basic)	8.36	6.63	5.58	6.40	7.16
EPS (Diluted)	8.28	6.59	5.53	6.31	7.08
EPS Growth	25.64%	19.17%	-12.36%	-10.88%	61.28%
Free Cash Flow	-571.9	365.15	118.92	144.53	55.74
Free Cash Flow Per Share	-9.88	6.45	2.09	2.51	0.97
Dividend Per Share	-	-	2.800	3.200	3.500
Dividend Growth	-	-	-12.50%	-8.57%	59.09%
Gross Margin	36.01%	36.44%	37.40%	37.15%	35.73%
Operating Margin	17.43%	16.61%	16.60%	18.63%	19.51%
Profit Margin	16.02%	14.49%	13.72%	15.18%	19.03%
Free Cash Flow Margin	-19.11%	14.18%	5.20%	6.04%	2.61%
EBITDA	808.9	732.76	634.95	667.36	599.74
EBITDA Margin	27.04%	28.45%	27.74%	27.89%	28.07%
D&A For EBITDA	287.42	304.85	255.07	221.57	182.84
EBIT	521.48	427.91	379.89	445.79	416.9
EBIT Margin	17.43%	16.61%	16.60%	18.63%	19.51%
Effective Tax Rate	18.75%	20.57%	24.15%	23.57%	17.45%

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