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	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
Revenue	1,606	1,145	885.95	1,273	1,186
Revenue Growth (YoY)	52.74%	29.22%	-30.38%	7.26%	-
Cost of Revenue	714.32	527.94	446.94	662.54	553.87
Gross Profit	891.22	616.85	439.01	610	632.51
Selling, General & Admin	231.85	197.9	153.84	202.23	188.63
Research & Development	122.63	96.98	77.29	93.69	78.2
Operating Expenses	359.22	269.38	248.83	300.02	278.69
Operating Income	532	347.47	190.18	309.98	353.82
Interest Expense	-0.31	-0.19	-0.48	-4.3	-2.41
Interest & Investment Income	13.87	9.26	11.46	9.58	2.54
Currency Exchange Gain (Loss)	-8.11	9.5	4.52	169.99	-26.53
Other Non Operating Income (Expenses)	1.43	0.89	1.01	7.6	0.88
EBT Excluding Unusual Items	538.88	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	538.88	366.94	206.69	493.16	328.39
Income Tax Expense	111.65	73.61	46.44	103.57	66.12
Earnings From Continuing Operations	427.23	293.33	160.25	389.59	262.27
Minority Interest in Earnings	-1.96	0.21	0.19	0.17	0.3
Net Income	425.27	293.54	160.45	389.76	262.57
Net Income to Common	425.27	293.54	160.45	389.76	262.57
Net Income Growth	66.87%	82.95%	-58.84%	48.44%	-
Shares Outstanding (Basic)	25	24	24	19	19
Shares Outstanding (Diluted)	25	25	25	19	19
Shares Change (YoY)	0.97%	-0.09%	27.48%	0.87%	-
EPS (Basic)	17.23	12.02	6.65	20.84	14.06
EPS (Diluted)	17.19	11.96	6.53	20.23	13.75
EPS Growth	65.25%	83.16%	-67.72%	47.13%	-
Free Cash Flow	251.15	299.63	189.1	552.28	403.81
Free Cash Flow Per Share	10.15	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	55.51%	53.88%	49.55%	47.94%	53.31%
Operating Margin	33.13%	30.35%	21.47%	24.36%	29.82%
Profit Margin	26.49%	25.64%	18.11%	30.63%	22.13%
Free Cash Flow Margin	15.64%	26.17%	21.34%	43.40%	34.04%
EBITDA	552.01	364.51	205.78	323.56	364.58
EBITDA Margin	34.38%	31.84%	23.23%	25.43%	30.73%
D&A For EBITDA	20.01	17.05	15.6	13.58	10.76
EBIT	532	347.47	190.18	309.98	353.82
EBIT Margin	33.13%	30.35%	21.47%	24.36%	29.82%
Effective Tax Rate	20.72%	20.06%	22.47%	21.00%	20.14%

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