Huikwang Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,459	1,484	1,527	2,491	2,089	1,837
Revenue Growth (YoY)	-2.44%	-2.85%	-38.70%	19.26%	13.70%	-11.56%
Cost of Revenue	1,150	1,169	1,188	1,883	1,546	1,304
Gross Profit	308.98	314.52	339.06	607.82	543.41	533.65
Selling, General & Admin	216.94	226.55	223.06	265.46	267.93	200.57
Research & Development	33.16	37.23	37.9	35.74	34.7	37
Other Operating Expenses	-5.13	-5.09	-4.87	-4.81	-3.69	-4.54
Operating Expenses	244.21	263.39	251.61	311.58	301.63	241.5
Operating Income	64.77	51.12	87.45	296.24	241.77	292.15
Interest Expense	-1.37	-1.61	-3.39	-3	-2.63	-3.2
Interest & Investment Income	14.38	16.31	27.89	7.14	10.02	10.95
Currency Exchange Gain (Loss)	-32.13	50.92	9.64	103.62	-18.55	-32.27
Other Non Operating Income (Expenses)	-8.69	-3.05	-6.69	-7.24	-6.08	-6.91
EBT Excluding Unusual Items	36.96	113.69	114.9	396.77	224.54	260.72
Impairment of Goodwill	-	-	-	-	-11.49	-
Gain (Loss) on Sale of Assets	0.14	0.24	0.23	-0.17	258.92	-7.51
Pretax Income	37.09	113.93	115.13	396.6	471.97	253.21
Income Tax Expense	10.82	21.36	24.21	82.14	142.89	64.02
Net Income	26.28	92.57	90.92	314.46	329.08	189.19
Net Income to Common	26.28	92.57	90.92	314.46	329.08	189.19
Net Income Growth	-61.82%	1.82%	-71.09%	-4.44%	73.94%	-16.41%
Shares Outstanding (Basic)	87	87	86	86	86	85
Shares Outstanding (Diluted)	87	87	87	87	86	86
Shares Change (YoY)	0.01%	0.10%	0.09%	0.50%	0.61%	0.51%
EPS (Basic)	0.30	1.07	1.05	3.66	3.85	2.22
EPS (Diluted)	0.30	1.07	1.05	3.63	3.82	2.21
EPS Growth	-61.82%	1.88%	-71.07%	-4.97%	72.85%	-16.92%
Free Cash Flow	152.56	180.36	419.28	119.88	-103.85	82.21
Free Cash Flow Per Share	1.76	2.08	4.84	1.38	-1.21	0.96
Dividend Per Share	1.000	1.000	1.000	2.700	3.000	1.600
Dividend Growth	-	-	-62.96%	-10.00%	87.50%	-11.11%
Gross Margin	21.18%	21.20%	22.20%	24.40%	26.01%	29.05%
Operating Margin	4.44%	3.45%	5.73%	11.89%	11.57%	15.90%
Profit Margin	1.80%	6.24%	5.95%	12.62%	15.75%	10.30%
Free Cash Flow Margin	10.46%	12.16%	27.46%	4.81%	-4.97%	4.47%
EBITDA	112.22	102.37	141.19	349.73	293.57	352.71
EBITDA Margin	7.69%	6.90%	9.25%	14.04%	14.05%	19.20%
D&A For EBITDA	47.45	51.24	53.74	53.49	51.79	60.55
EBIT	64.77	51.12	87.45	296.24	241.77	292.15
EBIT Margin	4.44%	3.45%	5.73%	11.89%	11.57%	15.90%
Effective Tax Rate	29.16%	18.75%	21.03%	20.71%	30.28%	25.28%

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