Her Chee Industrial 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	65.67	131.89	159.95	212.1	126.17
Revenue Growth (YoY)	-50.21%	-17.54%	-24.59%	68.10%	-55.39%
Cost of Revenue	103.93	130.58	140.55	175.04	139.98
Gross Profit	-38.26	1.32	19.4	37.06	-13.81
Selling, General & Admin	111.88	47.1	44.16	46.49	39.08
Research & Development	7.06	8.61	8.28	15.36	16.14
Operating Expenses	118.94	55.71	52.43	61.85	55.22
Operating Income	-157.2	-54.39	-33.04	-24.8	-69.03
Interest Expense	-31.75	-11.69	-9.5	-4.98	-2.2
Interest & Investment Income	12.05	12.72	16.4	15.15	7.93
Earnings From Equity Investments	-6.66	-14.65	-2.29	-2.22	-0.16
Currency Exchange Gain (Loss)	-99	14.35	1.79	37.46	-7.71
Other Non Operating Income (Expenses)	5.36	0.99	3.56	5.8	4.14
EBT Excluding Unusual Items	-277.2	-52.67	-23.08	26.41	-67.03
Gain (Loss) on Sale of Investments	176.69	88.19	76.87	-18.95	-2.83
Gain (Loss) on Sale of Assets	0.02	-	-	1.5	0.3
Asset Writedown	-17.8	-17.3	-	-	-
Other Unusual Items	-	-	-	-	0
Pretax Income	-118.29	18.22	53.8	8.96	-69.56
Income Tax Expense	-25.5	-2.19	6.05	7.19	-12.21
Earnings From Continuing Operations	-92.79	20.4	47.75	1.77	-57.35
Minority Interest in Earnings	18.81	12.4	4.04	2.93	0.08
Net Income	-73.98	32.8	51.79	4.7	-57.27
Net Income to Common	-73.98	32.8	51.79	4.7	-57.27
Net Income Growth	-	-36.66%	1002.15%	-	-
Shares Outstanding (Basic)	414	302	290	290	290
Shares Outstanding (Diluted)	414	302	290	290	290
Shares Change (YoY)	37.03%	4.21%	-	-	-
EPS (Basic)	-0.18	0.11	0.18	0.02	-0.20
EPS (Diluted)	-0.18	0.11	0.18	0.01	-0.20
EPS Growth	-	-39.44%	1083.33%	-	-
Free Cash Flow	-3,339	-384.11	-52.98	-75.96	-88.78
Free Cash Flow Per Share	-8.06	-1.27	-0.18	-0.26	-0.31
Dividend Per Share	-	0.025	-	-	-
Gross Margin	-58.27%	1.00%	12.13%	17.47%	-10.95%
Operating Margin	-239.39%	-41.24%	-20.65%	-11.69%	-54.71%
Profit Margin	-112.65%	24.87%	32.38%	2.22%	-45.39%
Free Cash Flow Margin	-5084.61%	-291.22%	-33.12%	-35.82%	-70.36%
EBITDA	-141.64	-43.91	-23.78	-15.21	-58.82
EBITDA Margin	-215.69%	-33.30%	-14.87%	-7.17%	-46.62%
D&A For EBITDA	15.56	10.48	9.26	9.59	10.21
EBIT	-157.2	-54.39	-33.04	-24.8	-69.03
EBIT Margin	-239.39%	-41.24%	-20.65%	-11.69%	-54.71%
Effective Tax Rate	-	-	11.24%	80.24%	-

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