Horng Terng Automation 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,388	1,145	885.95	1,273	1,186
Revenue Growth (YoY)	44.41%	29.22%	-30.38%	7.26%	-
Cost of Revenue	635.86	527.94	446.94	662.54	553.87
Gross Profit	752.4	616.85	439.01	610	632.51
Selling, General & Admin	213.95	197.9	153.84	202.23	188.63
Research & Development	111.9	96.98	77.29	93.69	78.2
Operating Expenses	321.39	269.38	248.83	300.02	278.69
Operating Income	431.01	347.47	190.18	309.98	353.82
Interest Expense	-0.23	-0.19	-0.48	-4.3	-2.41
Interest & Investment Income	11.27	9.26	11.46	9.58	2.54
Currency Exchange Gain (Loss)	-14.78	9.5	4.52	169.99	-26.53
Other Non Operating Income (Expenses)	1.36	0.89	1.01	7.6	0.88
EBT Excluding Unusual Items	428.64	366.94	206.69	492.85	328.3
Gain (Loss) on Sale of Assets	-	-	-	0.24	0.1
Other Unusual Items	-	-	-	0.06	-
Pretax Income	428.64	366.94	206.69	493.16	328.39
Income Tax Expense	90.1	73.61	46.44	103.57	66.12
Earnings From Continuing Operations	338.54	293.33	160.25	389.59	262.27
Minority Interest in Earnings	-1.44	0.21	0.19	0.17	0.3
Net Income	337.1	293.54	160.45	389.76	262.57
Net Income to Common	337.1	293.54	160.45	389.76	262.57
Net Income Growth	54.21%	82.95%	-58.84%	48.44%	-
Shares Outstanding (Basic)	24	24	24	19	19
Shares Outstanding (Diluted)	24	25	25	19	19
Shares Change (YoY)	0.08%	-0.09%	27.48%	0.87%	-
EPS (Basic)	13.81	12.02	6.65	20.84	14.06
EPS (Diluted)	13.77	11.96	6.53	20.23	13.75
EPS Growth	54.04%	83.16%	-67.72%	47.13%	-
Free Cash Flow	304.86	299.63	189.1	552.28	403.81
Free Cash Flow Per Share	12.46	12.21	7.70	28.67	21.14
Dividend Per Share	10.000	10.000	6.000	10.000	15.000
Dividend Growth	66.67%	66.67%	-40.00%	-33.33%	-
Gross Margin	54.20%	53.88%	49.55%	47.94%	53.31%
Operating Margin	31.05%	30.35%	21.47%	24.36%	29.82%
Profit Margin	24.28%	25.64%	18.11%	30.63%	22.13%
Free Cash Flow Margin	21.96%	26.17%	21.34%	43.40%	34.04%
EBITDA	449.61	364.51	205.78	323.56	364.58
EBITDA Margin	32.39%	31.84%	23.23%	25.43%	30.73%
D&A For EBITDA	18.6	17.05	15.6	13.58	10.76
EBIT	431.01	347.47	190.18	309.98	353.82
EBIT Margin	31.05%	30.35%	21.47%	24.36%	29.82%
Effective Tax Rate	21.02%	20.06%	22.47%	21.00%	20.14%

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