Chang Wah Electromaterials Inc. (TPE:8070)

TPE:8070 Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	18,733	17,231	16,490	21,859	20,671	16,424
Revenue Growth (YoY)	10.78%	4.50%	-24.56%	5.75%	25.86%	6.21%
Cost of Revenue	15,194	13,726	13,400	16,789	16,523	13,977
Gross Profit	3,539	3,505	3,090	5,069	4,148	2,447
Selling, General & Admin	1,074	1,140	960.52	1,252	1,118	897.92
Research & Development	397.03	431.3	420.69	422.59	461.32	228.73
Operating Expenses	1,472	1,580	1,391	1,645	1,589	1,126
Operating Income	2,067	1,925	1,699	3,424	2,559	1,321
Interest Expense	-201.02	-189.54	-185.63	-107.54	-85.06	-75.78
Interest & Investment Income	785.86	750.19	905.87	683.22	341.3	244.01
Earnings From Equity Investments	-4.29	161.59	124.8	257.1	315.07	192.23
Currency Exchange Gain (Loss)	-168.01	280.46	39.71	423.95	-145.68	-166.21
Other Non Operating Income (Expenses)	85.78	97.8	84.38	63.04	3.8	31.76
EBT Excluding Unusual Items	2,566	3,025	2,668	4,744	2,989	1,547
Gain (Loss) on Sale of Investments	2.55	1.49	38.51	-242.67	64.2	-16
Asset Writedown	-	-	-18.51	-	-	0.02
Other Unusual Items	-	-	-	-	25.97	82.27
Pretax Income	2,568	3,027	2,688	4,501	3,079	1,613
Income Tax Expense	441	506.75	439.3	928.48	590.81	251.25
Earnings From Continuing Operations	2,127	2,520	2,249	3,573	2,488	1,362
Net Income to Company	2,127	2,520	2,249	3,573	2,488	1,362
Minority Interest in Earnings	-741.25	-927.74	-771.54	-1,409	-762.56	-364.82
Net Income	1,386	1,592	1,477	2,164	1,726	997.3
Net Income to Common	1,386	1,592	1,477	2,164	1,726	997.3
Net Income Growth	0.93%	7.79%	-31.73%	25.40%	73.02%	-9.18%
Shares Outstanding (Basic)	705	687	674	684	679	639
Shares Outstanding (Diluted)	706	705	703	686	682	640
Shares Change (YoY)	0.06%	0.36%	2.51%	0.49%	6.63%	-0.08%
EPS (Basic)	1.97	2.32	2.19	3.16	2.54	1.56
EPS (Diluted)	1.96	2.27	2.12	3.16	2.53	1.56
EPS Growth	-0.37%	6.98%	-32.75%	25.02%	62.02%	-9.25%
Free Cash Flow	2,187	2,057	2,292	4,095	1,560	1,028
Free Cash Flow Per Share	3.10	2.92	3.26	5.97	2.29	1.61
Dividend Per Share	2.710	2.700	2.540	2.530	2.000	1.300
Dividend Growth	0.38%	6.31%	0.40%	26.50%	53.85%	3.17%
Gross Margin	18.89%	20.34%	18.74%	23.19%	20.07%	14.90%
Operating Margin	11.04%	11.17%	10.30%	15.67%	12.38%	8.04%
Profit Margin	7.40%	9.24%	8.96%	9.90%	8.35%	6.07%
Free Cash Flow Margin	11.68%	11.94%	13.90%	18.73%	7.55%	6.26%
EBITDA	2,778	2,686	2,505	4,137	3,177	1,913
EBITDA Margin	14.83%	15.59%	15.19%	18.92%	15.37%	11.65%
D&A For EBITDA	710.87	761.61	805.7	712.2	618.16	591.72
EBIT	2,067	1,925	1,699	3,424	2,559	1,321
EBIT Margin	11.04%	11.17%	10.30%	15.67%	12.38%	8.04%
Effective Tax Rate	17.17%	16.74%	16.34%	20.63%	19.19%	15.57%

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