GrandTech C.G. Systems 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	5,058	5,538	5,210	5,287	4,936
Revenue Growth (YoY)	-8.67%	6.29%	-1.45%	7.11%	-2.23%
Cost of Revenue	4,355	4,728	4,383	4,408	4,081
Gross Profit	703.69	809.84	827.39	878.83	854.97
Selling, General & Admin	407.62	464.01	463.35	444.29	437.92
Research & Development	12.37	5.88	5.51	4.41	4.23
Operating Expenses	429.93	473.07	466.11	451.29	442.48
Operating Income	273.76	336.77	361.28	427.54	412.49
Interest Expense	-23.44	-18.43	-12.52	-11.38	-7.87
Interest & Investment Income	49.69	62.35	52.64	27.52	16.96
Currency Exchange Gain (Loss)	-	13.87	5.42	11.19	8.65
Other Non Operating Income (Expenses)	10.06	7.04	2.08	5.55	2.75
EBT Excluding Unusual Items	310.06	401.6	408.89	460.43	432.98
Gain (Loss) on Sale of Investments	-	-12.12	10.73	6.54	-5.91
Gain (Loss) on Sale of Assets	-	-0.01	-0.47	1.35	-0.23
Other Unusual Items	-	-0.02	0.02	0.02	0.02
Pretax Income	310.06	389.45	419.18	468.34	426.86
Income Tax Expense	53.93	83.69	105.82	78.93	74.94
Earnings From Continuing Operations	256.13	305.76	313.36	389.41	351.92
Minority Interest in Earnings	-87.86	-79.33	-68.27	-69.21	-71.99
Net Income	168.27	226.43	245.09	320.2	279.94
Net Income to Common	168.27	226.43	245.09	320.2	279.94
Net Income Growth	-25.69%	-7.61%	-23.46%	14.38%	15.20%
Shares Outstanding (Basic)	62	62	62	58	58
Shares Outstanding (Diluted)	62	62	62	59	58
Shares Change (YoY)	-0.71%	0.01%	6.30%	1.47%	0.46%
EPS (Basic)	2.73	3.65	3.95	5.49	4.87
EPS (Diluted)	2.72	3.63	3.93	5.46	4.85
EPS Growth	-25.07%	-7.63%	-28.02%	12.58%	14.66%
Free Cash Flow	500.36	112.22	325.3	213.48	623.63
Free Cash Flow Per Share	8.09	1.80	5.22	3.64	10.80
Dividend Per Share	-	4.050	4.000	5.100	4.499
Dividend Growth	-	1.25%	-21.57%	13.36%	39.40%
Gross Margin	13.91%	14.62%	15.88%	16.62%	17.32%
Operating Margin	5.41%	6.08%	6.93%	8.09%	8.36%
Profit Margin	3.33%	4.09%	4.70%	6.06%	5.67%
Free Cash Flow Margin	9.89%	2.03%	6.24%	4.04%	12.63%
EBITDA	305.17	347.85	373.44	439.08	422.45
EBITDA Margin	6.03%	6.28%	7.17%	8.30%	8.56%
D&A For EBITDA	31.42	11.09	12.16	11.54	9.96
EBIT	273.76	336.77	361.28	427.54	412.49
EBIT Margin	5.41%	6.08%	6.93%	8.09%	8.36%
Effective Tax Rate	17.39%	21.49%	25.24%	16.85%	17.56%

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