Champ-Ray Industrial 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	922.97	958.28	914.38	1,388	1,019	780.76
Revenue Growth (YoY)	0.11%	4.80%	-34.11%	36.19%	30.52%	-
Cost of Revenue	670.42	673.51	652.46	1,054	839.21	678.75
Gross Profit	252.56	284.77	261.92	333.57	179.82	102.02
Selling, General & Admin	87.7	85.48	78.51	67.64	39.44	32.5
Research & Development	10.9	8.22	7.82	4.92	5.99	5.3
Operating Expenses	98.45	93.7	86.33	72.56	45.44	37.8
Operating Income	154.11	191.07	175.59	261.01	134.38	64.22
Interest Expense	-6.18	-5.2	-6.3	-6.85	-4.88	-3.5
Interest & Investment Income	4.2	6.7	10.6	0.85	0.06	0.1
Currency Exchange Gain (Loss)	76.87	92.66	13.35	92.66	-13.64	-19.04
Other Non Operating Income (Expenses)	-72.59	-72.6	4.66	5.29	8.01	5.71
EBT Excluding Unusual Items	156.4	212.63	197.9	352.96	123.93	47.49
Gain (Loss) on Sale of Investments	-	-	-8	16.67	-3.64	-5.03
Gain (Loss) on Sale of Assets	-0.05	-0.02	-0.01	-0.3	-	0.01
Pretax Income	156.35	212.61	189.89	369.33	120.29	42.47
Income Tax Expense	30.27	42.91	44.69	74.97	24.06	9.59
Net Income	126.08	169.7	145.2	294.37	96.23	32.88
Net Income to Common	126.08	169.7	145.2	294.37	96.23	32.88
Net Income Growth	-15.00%	16.87%	-50.67%	205.90%	192.66%	-
Shares Outstanding (Basic)	28	27	25	23	21	7
Shares Outstanding (Diluted)	28	27	25	23	21	7
Shares Change (YoY)	5.73%	5.90%	8.50%	9.80%	218.17%	-
EPS (Basic)	4.53	6.40	5.80	12.74	4.57	4.97
EPS (Diluted)	4.52	6.39	5.79	12.74	4.57	4.97
EPS Growth	-19.63%	10.36%	-54.54%	178.70%	-8.05%	-
Free Cash Flow	-4.04	104.57	21.82	167.94	-1.53	-117.81
Free Cash Flow Per Share	-0.14	3.94	0.87	7.27	-0.07	-17.81
Dividend Per Share	5.000	5.000	4.800	4.500	3.630	116.960
Dividend Growth	4.17%	4.17%	6.67%	23.97%	-96.90%	-
Gross Margin	27.36%	29.72%	28.64%	24.04%	17.65%	13.07%
Operating Margin	16.70%	19.94%	19.20%	18.81%	13.19%	8.22%
Profit Margin	13.66%	17.71%	15.88%	21.21%	9.44%	4.21%
Free Cash Flow Margin	-0.44%	10.91%	2.39%	12.10%	-0.15%	-15.09%
EBITDA	171.72	206.71	195.76	279.03	149.87	79.97
EBITDA Margin	18.61%	21.57%	21.41%	20.11%	14.71%	10.24%
D&A For EBITDA	17.61	15.64	20.17	18.02	15.49	15.75
EBIT	154.11	191.07	175.59	261.01	134.38	64.22
EBIT Margin	16.70%	19.94%	19.20%	18.81%	13.19%	8.22%
Effective Tax Rate	19.36%	20.18%	23.54%	20.30%	20.00%	22.58%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.