Shangya Technology 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
Operating Revenue	154.74	195.35	231.12	85.17	103.82
Revenue	154.74	195.35	231.12	85.17	103.82
Revenue Growth (YoY)	-20.79%	-15.47%	171.36%	-17.96%	-24.70%
Cost of Revenue	108.28	126.15	154.93	44.37	50.12
Gross Profit	46.45	69.2	76.19	40.8	53.69
Selling, General & Admin	96.02	96.63	83.28	64.61	69.82
Research & Development	24.33	8.02	-	-	-
Operating Expenses	121.3	104.66	83.93	64.61	69.82
Operating Income	-74.85	-35.45	-7.74	-23.81	-16.13
Interest Expense	-4.22	-3.07	-3.24	-2.16	-8.34
Interest & Investment Income	3.01	4.75	5.86	2.76	0.04
Earnings From Equity Investments	0.76	8.88	-0.85	9.12	23.55
Currency Exchange Gain (Loss)	-	6.54	3.57	0.78	-0.08
Other Non Operating Income (Expenses)	-20.63	0.28	0.22	1.57	0.85
EBT Excluding Unusual Items	-95.92	-18.09	-2.18	-11.74	-0.1
Impairment of Goodwill	-	-2.34	-0.92	-	-
Gain (Loss) on Sale of Investments	-	-10.47	-108.54	6.33	16.53
Gain (Loss) on Sale of Assets	-	-	1.67	10.85	17.82
Other Unusual Items	-	-	-	-	0.13
Pretax Income	-95.92	-30.9	-109.97	5.44	34.38
Income Tax Expense	-3.43	2.36	1.41	4.17	1.18
Earnings From Continuing Operations	-92.5	-33.26	-111.38	1.28	33.2
Minority Interest in Earnings	16.19	-0.17	31.33	-	-0.73
Net Income	-76.31	-33.43	-80.04	1.28	32.47
Net Income to Common	-76.31	-33.43	-80.04	1.28	32.47
Net Income Growth	-	-	-	-96.07%	-
Shares Outstanding (Basic)	44	44	44	42	31
Shares Outstanding (Diluted)	44	44	44	42	31
Shares Change (YoY)	0.15%	-	4.90%	38.43%	4.35%
EPS (Basic)	-1.72	-0.75	-1.81	0.03	1.06
EPS (Diluted)	-1.72	-0.75	-1.81	0.03	1.06
EPS Growth	-	-	-	-97.17%	-
Free Cash Flow	-112.28	11.19	-4.14	-17.29	1.9
Free Cash Flow Per Share	-2.53	0.25	-0.09	-0.41	0.06
Dividend Per Share	-	-	0.500	-	-
Gross Margin	30.02%	35.43%	32.97%	47.91%	51.72%
Operating Margin	-48.37%	-18.15%	-3.35%	-27.96%	-15.54%
Profit Margin	-49.32%	-17.11%	-34.63%	1.50%	31.27%
Free Cash Flow Margin	-72.56%	5.73%	-1.79%	-20.30%	1.82%
EBITDA	-32.35	-3.96	21.59	-9.86	-3.38
EBITDA Margin	-20.91%	-2.03%	9.34%	-11.57%	-3.25%
D&A For EBITDA	42.5	31.49	29.34	13.95	12.75
EBIT	-74.85	-35.45	-7.74	-23.81	-16.13
EBIT Margin	-48.37%	-18.15%	-3.35%	-27.96%	-15.54%
Effective Tax Rate	-	-	-	76.56%	3.44%

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