Brave C&H Supply 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	1,446	2,208	2,153	1,488	1,322
Revenue Growth (YoY)	-34.50%	2.55%	44.74%	12.56%	-31.81%
Cost of Revenue	966.55	1,254	1,227	923.91	782.07
Gross Profit	479.89	954.33	926.28	563.84	539.69
Selling, General & Admin	227.2	315.31	296.45	140.41	217.75
Research & Development	118.85	155.98	149.94	136.67	119.48
Amortization of Goodwill & Intangibles	-	-	-	104.68	-
Operating Expenses	418.43	487.81	462.83	381.72	337.08
Operating Income	61.46	466.52	463.45	182.12	202.61
Interest Expense	-10.82	-8.67	-4.11	-4.64	-3.43
Interest & Investment Income	7.79	5.23	9.47	6.64	7.36
Earnings From Equity Investments	-	-5	-	-	-
Currency Exchange Gain (Loss)	-	12.92	1.27	31.19	-2.47
Other Non Operating Income (Expenses)	-9.59	10.69	17.17	8.69	9.9
EBT Excluding Unusual Items	48.84	481.68	487.25	224.02	213.97
Gain (Loss) on Sale of Investments	-	0.66	0.11	0.04	0
Gain (Loss) on Sale of Assets	-	0.48	-25.24	0.99	0.7
Other Unusual Items	-	-	-	-	-0.13
Pretax Income	48.84	482.82	462.12	225.04	214.54
Income Tax Expense	5.96	138.83	122.61	54.64	60.54
Net Income	42.88	343.99	339.51	170.41	154
Net Income to Common	42.88	343.99	339.51	170.41	154
Net Income Growth	-87.53%	1.32%	99.23%	10.66%	-64.12%
Shares Outstanding (Basic)	37	37	37	37	37
Shares Outstanding (Diluted)	38	38	39	38	37
Shares Change (YoY)	-0.41%	-0.27%	2.04%	0.88%	0.05%
EPS (Basic)	1.15	9.23	9.11	4.57	4.13
EPS (Diluted)	1.12	8.95	8.81	4.51	4.11
EPS Growth	-87.49%	1.59%	95.34%	9.73%	-64.17%
Free Cash Flow	406.97	240.72	56.81	-426.32	516.17
Free Cash Flow Per Share	10.63	6.26	1.47	-11.28	13.78
Dividend Per Share	-	7.003	7.000	3.300	2.500
Dividend Growth	-	0.05%	112.12%	32.00%	-64.29%
Gross Margin	33.18%	43.22%	43.02%	37.90%	40.83%
Operating Margin	4.25%	21.13%	21.52%	12.24%	15.33%
Profit Margin	2.96%	15.58%	15.77%	11.45%	11.65%
Free Cash Flow Margin	28.14%	10.90%	2.64%	-28.66%	39.05%
EBITDA	192.99	598.49	573.32	279.6	290.54
EBITDA Margin	13.34%	27.10%	26.63%	18.79%	21.98%
D&A For EBITDA	131.53	131.96	109.87	97.48	87.93
EBIT	61.46	466.52	463.45	182.12	202.61
EBIT Margin	4.25%	21.13%	21.52%	12.24%	15.33%
Effective Tax Rate	12.19%	28.75%	26.53%	24.28%	28.22%

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