NT$13.80 ($0.43)

-0.10 (-0.72%)

Weekly Expected Move ±1.5%

NT$13 NT$14 NT$14 NT$14 NT$14

TAI · Basic Materials · Steel · Tech Score Neutral · Power 46 · NT$25.2B mcap · 1.21B float · 0.137% daily turnover

Revenue

$67.6B -8.7% ▼

5Y CAGR: +4.0%

Gross Profit

$5.6B -5.5% ▼

5Y CAGR: +6.1%

Operating Income

$55M -83.9% ▼

5Y CAGR: -49.8%

Net Income

-$3.5B -121.9% ▼

EPS (Diluted)

$-1.84 -127.2% ▼

EBITDA

$247M -92.4% ▼

5Y CAGR: -40.9%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$90.0B	$83.7B	$73.3B	$74.0B	$67.6B
YoY Growth	+62.5%	-7.1%	-12.4%	+0.9%	-8.7%
Cost of Revenue	$79.1B	$74.5B	$66.6B	$68.1B	$62.0B
Gross Profit	$10.9B	$9.1B	$6.7B	$5.9B	$5.6B
Gross Margin	12.1%	10.9%	9.2%	8.0%	8.3%
R&D Expenses	$101M	$118M	$130M	$154M	$193M
SG&A Expenses	$5.8B	$6.7B	$5.0B	$5.4B	$5.3B
Operating Expenses	$5.9B	$6.8B	$5.1B	$5.6B	$5.5B
Operating Income	$7.7B	$2.7B	$1.6B	$340M	$55M
Operating Margin	8.5%	3.3%	2.2%	0.5%	0.1%
Interest Expense	$1.4B	$1.7B	$1.9B	$1.9B	$1.8B
Income Before Tax	$6.3B	$1.0B	-$1.3B	-$2.1B	-$3.9B
Tax Expense	$1.1B	$521M	$115M	-$20M	$137M
Net Income	$5.2B	$522M	-$1.1B	-$1.6B	-$3.5B
Net Margin	5.8%	0.6%	-1.5%	-2.2%	-5.2%
EPS (Diluted)	$2.62	$0.26	$-0.54	$-0.81	$-1.84
EBITDA	$8.0B	$5.1B	$3.9B	$3.2B	$247M
Shares Outstanding	1.99B	1.98B	2.00B	1.98B	1.92B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$16.7B	$17.8B	$18.5B	$18.1B	$16.0B	$14.9B	$16.3B	$17.4B
Cost of Revenue	$15.8B	$16.6B	$16.8B	$16.8B	$14.5B	$13.8B	$14.9B	$15.7B
Gross Profit	$984M	$1.2B	$1.8B	$1.3B	$1.4B	$1.1B	$1.4B	$1.6B
Gross Margin	5.9%	6.8%	9.6%	6.9%	9.0%	7.4%	8.5%	9.5%
R&D Expenses	$37M	$48M	$41M	$37M	$41M	$74M	$40M	$48M
SG&A Expenses	$1.2B	$1.4B	$1.4B	$1.3B	$1.3B	$1.4B	$1.3B	$1.4B
Operating Expenses	$1.2B	$1.5B	$1.4B	$1.4B	$1.3B	$1.5B	$1.3B	$1.3B
Operating Income	-$218M	-$243M	$359M	-$100M	$135M	-$340M	$86M	$350M
Operating Margin	-1.3%	-1.4%	1.9%	-0.6%	0.8%	-2.3%	0.5%	2.0%
Interest Expense	$502M	$470M	$463M	$462M	$450M	$456M	$482M	$486M
Income Before Tax	-$997M	-$913M	-$400M	-$1.7B	-$875M	-$949M	-$764M	-$233M
Tax Expense	-$128M	$13M	-$7M	-$172M	$295M	$21M	$74M	$37M
Net Income	-$764M	-$776M	-$308M	-$1.4B	-$1.0B	-$830M	-$745M	-$195M
Net Margin	-4.6%	-4.4%	-1.7%	-7.5%	-6.5%	-5.6%	-4.6%	-1.1%
EPS (Diluted)	$-0.39	$-0.40	$-0.16	$-0.70	$-0.54	$-0.43	$-0.40	$-0.11
EBITDA	$97M	$157M	$658M	-$629M	$134M	$84M	$287M	$913M
Shares Outstanding	1.96B	1.96B	1.95B	1.95B	1.92B	1.92B	1.86B	1.81B

2023.TW TAI