Horng Terng Automation 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	1,859	1,145	885.95	1,273	1,186
Revenue Growth (YoY)	62.42%	29.22%	-30.38%	7.26%	-
Cost of Revenue	828.07	527.94	446.94	662.54	553.87
Gross Profit	1,031	616.85	439.01	610	632.51
Selling, General & Admin	254.54	197.9	153.84	202.23	188.63
Research & Development	126.39	96.98	77.29	93.69	78.2
Operating Expenses	383.34	269.38	248.83	300.02	278.69
Operating Income	648	347.47	190.18	309.98	353.82
Interest Expense	-0.41	-0.19	-0.48	-4.3	-2.41
Interest & Investment Income	16.48	9.26	11.46	9.58	2.54
Currency Exchange Gain (Loss)	-8.54	9.5	4.52	169.99	-26.53
Other Non Operating Income (Expenses)	1.45	0.89	1.01	7.6	0.88
EBT Excluding Unusual Items	656.98	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	656.98	366.94	206.69	493.16	328.39
Income Tax Expense	136.16	73.61	46.44	103.57	66.12
Earnings From Continuing Operations	520.83	293.33	160.25	389.59	262.27
Minority Interest in Earnings	-2.07	0.21	0.19	0.17	0.3
Net Income	518.75	293.54	160.45	389.76	262.57
Net Income to Common	518.75	293.54	160.45	389.76	262.57
Net Income Growth	76.72%	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)	3.33%	-0.09%	27.48%	0.87%	-
EPS (Basic)	20.50	12.02	6.65	20.84	14.06
EPS (Diluted)	20.46	11.96	6.53	20.23	13.75
EPS Growth	71.07%	83.16%	-67.72%	47.13%	-
Free Cash Flow	547.13	299.63	189.1	552.28	403.81
Free Cash Flow Per Share	21.58	12.21	7.70	28.67	21.14
Dividend Per Share	18.000	10.000	6.000	10.000	15.000
Dividend Growth	80.00%	66.67%	-40.00%	-33.33%	-
Gross Margin	55.47%	53.88%	49.55%	47.94%	53.31%
Operating Margin	34.85%	30.35%	21.47%	24.36%	29.82%
Profit Margin	27.90%	25.64%	18.11%	30.63%	22.13%
Free Cash Flow Margin	29.43%	26.17%	21.34%	43.40%	34.04%
EBITDA	669.85	364.51	205.78	323.56	364.58
EBITDA Margin	36.02%	31.84%	23.23%	25.43%	30.73%
D&A For EBITDA	21.85	17.05	15.6	13.58	10.76
EBIT	648	347.47	190.18	309.98	353.82
EBIT Margin	34.85%	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.