Shanyuan 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
Rental Revenue	1,455	404.3	116.55	95.72	91.33
Other Revenue	5.17	-1.48	5.61	-28.64	-35.38
Total Revenue	1,460	402.81	122.16	67.08	55.94
Revenue Growth (YoY	262.54%	229.75%	82.12%	19.90%	-49.66%
Property Expenses	937.88	295.31	52.67	43.83	43.83
Selling, General & Administrative	162.56	52.02	36.34	51.55	85.52
Total Operating Expenses	1,100	347.33	89.01	95.38	199.21
Operating Income	359.93	55.48	33.15	-28.3	-143.27
Interest Expense	-449.24	-140.53	-121.92	-89.95	-99.71
Interest & Investment Income	18.76	27.31	27.62	19.05	8.75
Currency Exchange Gain (Loss)	-	1.45	0.23	5.27	-6.31
Other Non-Operating Income	40.61	59.03	74.63	-183.53	1.42
EBT Excluding Unusual Items	-29.94	2.75	13.69	-277.45	-239.12
Gain (Loss) on Sale of Investments	-	-	-	-	1,540
Gain (Loss) on Sale of Assets	-	-	-	0.05	-
Asset Writedown	-	15.57	-	-	-53.75
Total Legal Settlements	-	-	2.45	-	-
Other Unusual Items	-	1.19	0.06	-10.92	-
Pretax Income	-29.94	19.5	16.21	-288.32	1,247
Income Tax Expense	14.18	13.65	17.68	-17.21	269.7
Earnings From Continuing Operations	-44.12	5.85	-1.47	-271.11	977.44
Net Income to Company	-44.12	5.85	-1.47	-271.11	977.44
Net Income	-44.12	5.85	-1.47	-271.11	977.44
Net Income to Common	-44.12	5.85	-1.47	-271.11	977.44
Basic Shares Outstanding	69	61	69	68	66
Diluted Shares Outstanding	69	61	69	68	79
Shares Change (YoY)	12.15%	-10.84%	1.67%	-13.76%	19.54%
EPS (Basic)	-0.64	0.10	-0.02	-4.00	14.71
EPS (Diluted)	-0.64	0.10	-0.02	-4.00	12.48
Dividend Per Share	-	1.000	0.169	1.696	4.210
Dividend Growth	-	493.12%	-90.06%	-59.70%	-
Operating Margin	24.65%	13.77%	27.13%	-42.19%	-256.09%
Profit Margin	-3.02%	1.45%	-1.20%	-404.17%	1747.17%
EBITDA	391.56	87.01	64.61	2.95	-112.1
EBITDA Margin	26.81%	21.60%	52.89%	4.39%	-200.38%
D&A For Ebitda	31.63	31.53	31.46	31.25	31.17
EBIT	359.93	55.48	33.15	-28.3	-143.27
EBIT Margin	24.65%	13.77%	27.13%	-42.19%	-256.09%
Effective Tax Rate	-	70.00%	109.08%	-	21.63%

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