NT$180.00 ($5.67)

+9.50 (+5.57%)

Weekly Expected Move ±3.1%

NT$160 NT$165 NT$170 NT$176 NT$181

TAI · Basic Materials · Chemicals - Specialty · Tech Score Buy · Power 62 · NT$51.1B mcap · 122M float · 0.600% daily turnover

Revenue

$11.5B +4.0% ▲

5Y CAGR: +8.1%

Gross Profit

$4.0B +10.5% ▲

5Y CAGR: +11.4%

Operating Income

$2.4B +12.3% ▲

5Y CAGR: +10.2%

Net Income

$2.0B +13.3% ▲

5Y CAGR: +11.7%

EPS (Diluted)

$6.81 +13.9% ▲

5Y CAGR: +7.8%

EBITDA

$3.3B +13.9% ▲

5Y CAGR: +13.1%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$11.1B	$11.3B	$9.9B	$11.1B	$11.5B
YoY Growth	+43.3%	+1.8%	-13.2%	+12.2%	+4.0%
Cost of Revenue	$8.0B	$8.0B	$6.7B	$7.5B	$7.5B
Gross Profit	$3.1B	$3.4B	$3.2B	$3.6B	$4.0B
Gross Margin	28.1%	29.8%	32.0%	32.6%	34.6%
R&D Expenses	$243M	$261M	$269M	$301M	$317M
SG&A Expenses	$980M	$1.0B	$1.0B	$1.2B	$1.3B
Operating Expenses	$1.2B	$1.3B	$1.3B	$1.5B	$1.6B
Operating Income	$2.0B	$2.2B	$1.8B	$2.1B	$2.4B
Operating Margin	18.0%	19.8%	18.7%	19.2%	20.7%
Interest Expense	$2M	$3M	$19M	$58M	$42M
Income Before Tax	$2.0B	$2.2B	$1.9B	$2.2B	$2.5B
Tax Expense	$386M	$422M	$347M	$395M	$467M
Net Income	$1.6B	$1.8B	$1.6B	$1.8B	$2.0B
Net Margin	14.5%	16.1%	16.0%	16.3%	17.8%
EPS (Diluted)	$6.43	$7.25	$6.28	$5.98	$6.81
EBITDA	$2.3B	$2.6B	$2.4B	$2.9B	$3.3B
Shares Outstanding	251M	252M	251M	251M	300M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$2.9B	$2.9B	$2.8B	$2.8B	$2.9B	$3.0B	$3.0B	$3.6B
Cost of Revenue	$2.0B	$2.0B	$1.8B	$1.9B	$1.9B	$1.9B	$1.9B	$2.4B
Gross Profit	$919M	$925M	$922M	$952M	$999M	$1.1B	$1.1B	$1.3B
Gross Margin	31.9%	31.9%	33.5%	33.4%	34.2%	35.3%	37.6%	34.8%
R&D Expenses	$79M	$76M	$72M	$76M	$81M	$88M	$84M	$92M
SG&A Expenses	$204M	$321M	$285M	$311M	$284M	$350M	$346M	$313M
Operating Expenses	$346M	$397M	$358M	$388M	$365M	$439M	$432M	$405M
Operating Income	$573M	$527M	$564M	$564M	$635M	$614M	$711M	$849M
Operating Margin	19.9%	18.2%	20.5%	19.8%	21.8%	20.6%	23.4%	23.5%
Interest Expense	$17M	$16M	$14M	$12M	$8M	$8M	$5M	$3M
Income Before Tax	$583M	$551M	$575M	$593M	$669M	$674M	$759M	$879M
Tax Expense	$105M	$88M	$100M	$115M	$119M	$133M	$153M	$170M
Net Income	$478M	$463M	$475M	$478M	$550M	$541M	$606M	$709M
Net Margin	16.6%	16.0%	17.3%	16.8%	18.8%	18.1%	19.9%	19.6%
EPS (Diluted)	$1.59	$1.85	$1.58	$1.59	$1.83	$1.80	$2.02	$2.36
EBITDA	$765M	$736M	$757M	$780M	$845M	$869M	$894M	$1.0B
Shares Outstanding	250M	250M	251M	301M	300M	300M	300M	300M

1773.TW TAI