Bai Sha Technology 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	1,544	1,557	1,484	1,536	1,346
Revenue Growth (YoY)	-0.87%	4.92%	-3.37%	14.16%	7.36%
Cost of Revenue	1,071	1,083	1,080	1,127	999.39
Gross Profit	472.96	474.44	403.9	408.96	346.21
Selling, General & Admin	268.11	258.37	257.4	253.45	236.71
Research & Development	4.4	3.04	3.37	2.38	1.69
Operating Expenses	273.16	259.74	261.17	254.34	239.99
Operating Income	199.8	214.7	142.73	154.62	106.22
Interest Expense	-3.03	-2.39	-3.06	-3.32	-3.8
Interest & Investment Income	5.94	2.28	1.54	0.59	0.11
Earnings From Equity Investments	-	-	-	-	-0.14
Currency Exchange Gain (Loss)	-0.77	-1.17	-3.53	10.95	-0.9
Other Non Operating Income (Expenses)	29.98	1.47	-2.03	4.93	1.6
EBT Excluding Unusual Items	231.92	214.89	135.65	167.77	103.09
Gain (Loss) on Sale of Investments	-	-	-	-	-3.97
Gain (Loss) on Sale of Assets	0.57	0	-0.85	-1.19	-0.44
Pretax Income	232.49	214.9	134.8	166.58	98.68
Income Tax Expense	46.82	44.13	25.98	33.51	-19.23
Net Income	185.68	170.77	108.82	133.07	117.91
Net Income to Common	185.68	170.77	108.82	133.07	117.91
Net Income Growth	8.73%	56.94%	-18.23%	12.86%	155.85%
Shares Outstanding (Basic)	71	71	71	71	71
Shares Outstanding (Diluted)	71	71	71	71	71
Shares Change (YoY)	0.25%	-0.03%	-0.00%	0.01%	-1.75%
EPS (Basic)	2.63	2.42	1.54	1.88	1.67
EPS (Diluted)	2.62	2.41	1.53	1.88	1.67
EPS Growth	8.71%	57.24%	-18.37%	12.75%	161.35%
Free Cash Flow	32.79	191.63	175.18	195.45	133.59
Free Cash Flow Per Share	0.46	2.71	2.48	2.76	1.89
Dividend Per Share	1.200	1.500	0.680	1.614	1.444
Dividend Growth	-20.00%	120.69%	-57.89%	11.76%	142.88%
Gross Margin	30.64%	30.46%	27.21%	26.62%	25.73%
Operating Margin	12.94%	13.79%	9.62%	10.06%	7.89%
Profit Margin	12.03%	10.96%	7.33%	8.66%	8.76%
Free Cash Flow Margin	2.12%	12.30%	11.80%	12.72%	9.93%
EBITDA	286.17	299.63	224.72	238.83	199.31
EBITDA Margin	18.54%	19.24%	15.14%	15.55%	14.81%
D&A For EBITDA	86.37	84.92	81.99	84.22	93.09
EBIT	199.8	214.7	142.73	154.62	106.22
EBIT Margin	12.94%	13.79%	9.62%	10.06%	7.89%
Effective Tax Rate	20.14%	20.53%	19.28%	20.11%	-

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