Champ-Ray Industrial 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	808.09	958.28	914.38	1,388	1,019
Revenue Growth (YoY)	-15.67%	4.80%	-34.11%	36.19%	30.52%
Cost of Revenue	590.48	673.51	652.46	1,054	839.21
Gross Profit	217.62	284.77	261.92	333.57	179.82
Selling, General & Admin	84.45	85.48	78.51	67.64	39.44
Research & Development	12.36	8.22	7.82	4.92	5.99
Operating Expenses	97.58	93.7	86.33	72.56	45.44
Operating Income	120.04	191.07	175.59	261.01	134.38
Interest Expense	-5.15	-5.2	-6.3	-6.85	-4.88
Interest & Investment Income	4	6.7	10.6	0.85	0.06
Currency Exchange Gain (Loss)	-	92.66	13.35	92.66	-13.64
Other Non Operating Income (Expenses)	1.75	-72.6	4.66	5.29	8.01
EBT Excluding Unusual Items	120.63	212.63	197.9	352.96	123.93
Gain (Loss) on Sale of Investments	-	-	-8	16.67	-3.64
Gain (Loss) on Sale of Assets	-	-0.02	-0.01	-0.3	-
Pretax Income	120.63	212.61	189.89	369.33	120.29
Income Tax Expense	25.91	42.91	44.69	74.97	24.06
Net Income	94.73	169.7	145.2	294.37	96.23
Net Income to Common	94.73	169.7	145.2	294.37	96.23
Net Income Growth	-44.18%	16.87%	-50.67%	205.90%	192.66%
Shares Outstanding (Basic)	29	27	25	23	21
Shares Outstanding (Diluted)	29	27	25	23	21
Shares Change (YoY)	8.43%	5.90%	8.50%	9.80%	218.17%
EPS (Basic)	3.29	6.40	5.80	12.74	4.57
EPS (Diluted)	3.29	6.39	5.79	12.74	4.57
EPS Growth	-48.51%	10.36%	-54.54%	178.70%	-8.05%
Free Cash Flow	-13.07	104.57	21.82	167.94	-1.53
Free Cash Flow Per Share	-0.45	3.94	0.87	7.27	-0.07
Dividend Per Share	-	5.000	4.800	4.500	3.630
Dividend Growth	-	4.17%	6.67%	23.97%	-96.90%
Gross Margin	26.93%	29.72%	28.64%	24.04%	17.65%
Operating Margin	14.85%	19.94%	19.20%	18.81%	13.19%
Profit Margin	11.72%	17.71%	15.88%	21.21%	9.44%
Free Cash Flow Margin	-1.62%	10.91%	2.39%	12.10%	-0.15%
EBITDA	138.35	206.71	195.76	279.03	149.87
EBITDA Margin	17.12%	21.57%	21.41%	20.11%	14.71%
D&A For EBITDA	18.31	15.64	20.17	18.02	15.49
EBIT	120.04	191.07	175.59	261.01	134.38
EBIT Margin	14.85%	19.94%	19.20%	18.81%	13.19%
Effective Tax Rate	21.48%	20.18%	23.54%	20.30%	20.00%

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