Income Statement Anpec Electronics Corporation

Stocks

6138

TW0006138001

Semiconductors

End-of-day quote Taipei Exchange 2026-09-30			5-day change	1st Jan Change
276.00 ^TWD	-0.90%		+0.36%	+27.78%

08-13	Anpec Electronics Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
04-27	Anpec Electronics Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: ANPEC ELECTRONICS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Revenues	6.76B	6.38B	5.42B	6.09B	7.48B
Total Revenues	6.76B	6.38B	5.42B	6.09B	7.48B
Cost of Goods Sold, Total	4.22B	3.76B	3.67B	3.93B	4.79B
Gross Profit	2.54B	2.63B	1.75B	2.16B	2.7B
Selling General & Admin Expenses, Total	611M	637M	514M	621M	672M
R&D Expenses	555M	619M	564M	641M	734M
Other Operating Expenses	-16.46M	-9.99M	-	-	-
Other Operating Expenses, Total	1.15B	1.25B	1.08B	1.26B	1.41B
Operating Income	1.39B	1.38B	670M	902M	1.29B
Interest Expense, Total	-2.21M	-2.68M	-7.29M	-5.48M	-1.74M
Interest And Investment Income	4.22M	12.86M	36.29M	43.66M	44.76M
Net Interest Expenses	2.02M	10.18M	29M	38.18M	43.02M
Currency Exchange Gains (Loss)	58.12M	128M	27.13M	106M	46.08M
Other Non Operating Income (Expenses)	3.18M	3.19M	-9.88M	-7.44M	6.84M
EBT, Excl. Unusual Items	1.45B	1.52B	717M	1.04B	1.38B
Gain (Loss) On Sale Of Investments	390K	909K	2.09M	2.64M	7.62M
Gain (Loss) On Sale Of Assets	-126K	1.58M	-150K	-274K	28K
EBT, Incl. Unusual Items	1.45B	1.52B	719M	1.04B	1.39B
Income Tax Expense	278M	307M	128M	195M	243M
Earnings From Continuing Operations	1.17B	1.22B	591M	846M	1.15B
Net Income to Company	1.17B	1.22B	591M	846M	1.15B
Minority Interest	-245M	-254M	-80.29M	-126M	-197M
Net Income - (IS)	929M	964M	511M	720M	951M
Net Income to Common Incl Extra Items	929M	964M	511M	720M	951M
Net Income to Common Excl. Extra Items	929M	964M	511M	720M	951M
Per Share Items
Net EPS - Basic	12.9	13.3	7	9.89	13.04
Basic EPS - Continuing Operations	12.9	13.3	7	9.89	13.04
Basic Weighted Average Shares Outstanding	72.06M	72.47M	72.98M	72.82M	72.97M
Net EPS - Diluted	12.62	12.78	6.85	9.67	12.75
Diluted EPS - Continuing Operations	12.62	12.78	6.85	9.67	12.75
Diluted Weighted Average Shares Outstanding	73.3M	74.94M	73.86M	74.34M	74.39M
Normalized Basic EPS	9.2	9.62	5.04	7.18	9.15
Normalized Diluted EPS	9.04	9.3	4.98	7.04	8.98
Dividend Per Share	9.02	9	5.97	8.6	11
Payout Ratio	40.55	68.08	128.13	61.07	66.38
Supplemental Items
EBITDA	1.51B	1.51B	825M	1.07B	1.47B
EBITA	1.39B	1.38B	670M	902M	1.29B
EBIT	1.39B	1.38B	670M	902M	1.29B
EBITDAR	-	1.51B	830M	1.08B	1.48B
Effective Tax Rate - (Ratio)	19.17	20.13	17.76	18.73	17.49
Total Current Taxes	279M	318M	125M	190M	242M
Total Deferred Taxes	-1.12M	-11.38M	2.93M	4.76M	1.03M
Normalized Net Income	663M	697M	368M	523M	668M
Interest on Long-Term Debt	2.2M	2.14M	2.07M	1.87M	1.74M
Non-Cash Pension Expense	35K	23K	-36K	-41K	-188K
Supplemental Operating Expense Items
Selling and Marketing Expenses	421M	425M	356M	414M	435M
General and Administrative Expenses	190M	212M	158M	207M	238M
Research And Development Expense From Footnotes	555M	619M	564M	641M	734M
Net Rental Expense, Total	-	3.14M	4.38M	5.37M	5.42M
Imputed Operating Lease Interest Expense	-	331K	712K	818K	646K
Imputed Operating Lease Depreciation	-	2.81M	3.67M	4.55M	4.77M
Stock-Based Comp., Other (Total)	55.9M	77.08M	33M	114M	78.6M
Total Stock-Based Compensation	55.9M	77.08M	33M	114M	78.6M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Assets
Cash And Equivalents	1.86B	1.93B	1.2B	717M	699M
Short Term Investments	370M	-	738M	1.32B	1.8B
Trading Asset Securities, Total	174M	175M	177M	193M	196M
Total Cash And Short Term Investments	2.4B	2.11B	2.12B	2.23B	2.7B
Accounts Receivable, Total	1.4B	739M	1.02B	1.15B	1.34B
Other Receivables	16.84M	20.71M	14.01M	17.79M	25.8M
Total Receivables	1.42B	760M	1.03B	1.17B	1.36B
Inventory	775M	1.59B	1.13B	1.05B	1.14B
Prepaid Expenses	55.11M	70.99M	124M	108M	113M
Total Current Assets	4.65B	4.53B	4.4B	4.56B	5.31B
Gross Property Plant And Equipment	1.66B	1.81B	2.02B	2.1B	2.26B
Accumulated Depreciation	-951M	-988M	-1.14B	-1.22B	-1.37B
Net Property Plant And Equipment	711M	824M	875M	879M	888M
Long-term Investments	-	-	5.26M	33.24M	113M
Other Intangibles, Total	13.1M	29.2M	39.2M	44.82M	35.73M
Deferred Tax Assets Long-Term	49.16M	58.23M	58.06M	52.61M	53.48M
Other Long-Term Assets, Total	262M	621M	622M	497M	392M
Total Assets	5.69B	6.06B	6B	6.07B	6.79B
Liabilities
Accounts Payable, Total	730M	391M	520M	561M	682M
Accrued Expenses, Total	558M	582M	436M	465M	584M
Short-term Borrowings	-	125M	202M	-	-
Current Portion of Leases	6.36M	5.85M	4.81M	4.62M	4.55M
Current Income Taxes Payable	275M	254M	258M	259M	322M
Other Current Liabilities	28.25M	56.78M	33.15M	46.83M	43.06M
Total Current Liabilities	1.6B	1.42B	1.46B	1.34B	1.64B
Long-Term Debt	-	-	118M	-	-
Long-Term Leases	137M	133M	130M	116M	108M
Deferred Tax Liability Non Current	4.41M	3.32M	6.11M	7.33M	9.69M
Other Non Current Liabilities	345M	402M	232M	81.72M	73.37M
Total Liabilities	2.08B	1.95B	1.94B	1.54B	1.83B
Common Stock, Total	741M	741M	746M	751M	753M
Additional Paid In Capital	704M	711M	795M	902M	972M
Retained Earnings	1.63B	1.93B	1.78B	2.06B	2.42B
Treasury Stock	-58.14M	-58.14M	-57.77M	-57.67M	-54.33M
Comprehensive Income and Other	-90.78M	-16.22M	-56.66M	-65.98M	-148M
Total Common Equity	2.92B	3.31B	3.21B	3.59B	3.94B
Minority Interest	681M	803M	850M	934M	1.02B
Total Equity	3.6B	4.11B	4.06B	4.52B	4.96B
Total Liabilities And Equity	5.69B	6.06B	6B	6.07B	6.79B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	73.25M	73.21M	73.79M	73.8M	74.01M
ECS Total Common Shares Outstanding	73.25M	73.21M	73.79M	73.8M	74.01M
Book Value / Share	39.89	45.18	43.45	48.65	53.23
Tangible Book Value	2.91B	3.28B	3.17B	3.55B	3.9B
Tangible Book Value Per Share	39.71	44.78	42.92	48.05	52.75
Total Debt	143M	264M	455M	121M	113M
Net Debt	-2.26B	-1.84B	-1.66B	-2.11B	-2.58B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.61M	-2.06M	-3.27M	-11.44M	-17.05M
Debt Equivalent Oper. Leases	-	25.1M	35.08M	42.95M	43.36M
Minority Interest, Total (Incl. Fin. Div)	681M	803M	850M	934M	1.02B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	69.17M	213M	105M	34.78M	66.54M
Inventories - Work In Process, Total	445M	943M	794M	663M	783M
Inventories - Finished Goods, Total	384M	571M	362M	469M	420M
Land - (BS)	113M	113M	113M	113M	113M
Buildings, Total	397M	552M	552M	552M	561M
Machinery, Total	320M	339M	385M	425M	473M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Net Income	929M	964M	511M	720M	951M
Depreciation & Amortization - CF	129M	140M	163M	179M	194M
Depreciation & Amortization, Total	129M	140M	163M	179M	194M
Amortization of Deferred Charges, Total - (CF)	9.31M	11.54M	24.53M	25.45M	26.11M
(Gain) Loss From Sale Of Asset	126K	-1.58M	150K	274K	-28K
(Gain) Loss on Sale of Investments - (CF)	-390K	-909K	-2.09M	-2.64M	-7.62M
Stock-Based Compensation (CF)	55.9M	77.08M	33M	114M	78.6M
Other Operating Activities, Total	415M	221M	87.45M	132M	262M
Change in Trading Asset Securities	-	-	-	-13.64M	4.69M
Change In Accounts Receivable	-296M	661M	-276M	-136M	-185M
Change In Inventories	-49.26M	-818M	466M	74.67M	-83.86M
Change In Accounts Payable	180M	-340M	130M	38.23M	121M
Change in Other Net Operating Assets	125M	-255M	-186M	153M	173M
Cash from Operations	1.5B	659M	952M	1.28B	1.53B
Capital Expenditure	-130M	-155M	-230M	-191M	-203M
Sale of Property, Plant, and Equipment	288K	2.7M	-	94K	203K
Sale (Purchase) of Intangible assets	-3.77M	-27.64M	-34.53M	-31.07M	-17.01M
Investment in Marketable and Equity Securities, Total	-370M	370M	-743M	-615M	-560M
Other Investing Activities, Total	-59.92M	-163M	19.08M	42.65M	36.08M
Cash from Investing	-563M	27.55M	-989M	-794M	-743M
Short Term Debt Issued, Total	-	125M	1.33B	303M	-
Long-Term Debt Issued, Total	-	-	118M	62M	-
Total Debt Issued	-	125M	1.45B	365M	-
Short Term Debt Repaid, Total	-	-	-1.25B	-505M	-
Long-Term Debt Repaid, Total	-8.87M	-8.47M	-7.98M	-187M	-6.71M
Total Debt Repaid	-8.87M	-8.47M	-1.26B	-692M	-6.71M
Issuance of Common Stock	17.86M	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-69.89M
Common Dividends Paid	-377M	-656M	-654M	-440M	-631M
Common & Preferred Stock Dividends Paid	-377M	-656M	-654M	-440M	-631M
Other Financing Activities, Total	209M	-75.77M	-226M	-211M	-101M
Cash from Financing	-159M	-615M	-693M	-977M	-809M
Foreign Exchange Rate Adjustments	-341K	1.22M	-476K	1.41M	223K
Net Change in Cash	776M	72.12M	-731M	-485M	-17.78M
Supplemental Items
Cash Interest Paid	2.21M	2.68M	7.29M	5.48M	1.74M
Cash Income Tax Paid (Refund)	108M	339M	120M	190M	179M
Levered Free Cash Flow	1.16B	422M	479M	692M	902M
Unlevered Free Cash Flow	1.16B	424M	483M	696M	903M
Change In Net Working Capital	-236M	484M	-108M	-35.13M	-18.74M
Net Debt Issued / Repaid	-8.87M	117M	187M	-327M	-6.71M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Profitability
Return on Assets	17.87	14.68	6.95	9.35	12.53
Return on Total Capital	25.89	21.24	9.43	12.32	16.57
Return On Equity %	36.6	31.56	14.48	19.73	24.22
Return on Common Equity	35.64	30.94	15.68	21.19	25.26
Margin Analysis
Gross Profit Margin %	37.52	41.15	32.29	35.54	36.01
SG&A Margin	9.03	9.98	9.49	10.2	8.98
EBITDA Margin %	22.3	23.67	15.24	17.64	19.71
EBITA Margin %	20.53	21.62	12.38	14.82	17.22
EBIT Margin %	20.53	21.62	12.38	14.82	17.22
Income From Continuing Operations Margin %	17.36	19.08	10.91	13.9	15.35
Net Income Margin %	13.74	15.1	9.43	11.83	12.71
Net Avail. For Common Margin %	13.74	15.1	9.43	11.83	12.71
Normalized Net Income Margin	9.8	10.93	6.79	8.59	8.92
Levered Free Cash Flow Margin	17.19	6.62	8.84	11.37	12.05
Unlevered Free Cash Flow Margin	17.21	6.65	8.92	11.43	12.06
Asset Turnover
Asset Turnover	1.39	1.09	0.9	1.01	1.16
Fixed Assets Turnover	9.59	8.32	6.38	6.94	8.47
Receivables Turnover (Average Receivables)	5.4	5.96	6.17	5.62	6.02
Inventory Turnover (Average Inventory)	5.63	3.17	2.7	3.6	4.38
Short Term Liquidity
Current Ratio	2.91	3.2	3.02	3.41	3.24
Quick Ratio	2.39	2.03	2.16	2.54	2.48
Operating Cash Flow to Current Liabilities	0.94	0.47	0.65	0.96	0.94
Days Sales Outstanding (Average Receivables)	67.65	61.2	59.12	65.09	60.63
Days Outstanding Inventory (Average Inventory)	64.79	115.04	135.35	101.58	83.38
Average Days Payable Outstanding	54.67	44.73	51.98	51.39	46.55
Cash Conversion Cycle (Average Days)	77.77	131.51	142.49	115.27	97.46
Long Term Solvency
Total Debt/Equity	3.97	6.42	11.21	2.66	2.27
Total Debt / Total Capital	3.82	6.03	10.08	2.6	2.22
LT Debt/Equity	3.8	3.24	6.11	2.56	2.18
Long-Term Debt / Total Capital	3.65	3.04	5.49	2.5	2.13
Total Liabilities / Total Assets	36.64	32.22	32.37	25.41	26.93
EBIT / Interest Expense	629.42	514.91	92.01	164.69	741.3
EBITDA / Interest Expense	688.01	567.04	114.45	197.37	852.76
(EBITDA - Capex) / Interest Expense	629.06	509.2	82.9	162.59	736.18
Total Debt / EBITDA	0.09	0.17	0.55	0.11	0.08
Net Debt / EBITDA	-1.49	-1.21	-1.99	-1.95	-1.74
Total Debt / (EBITDA - Capex)	0.1	0.19	0.75	0.14	0.09
Net Debt / (EBITDA - Capex)	-1.63	-1.35	-2.75	-2.37	-2.02
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	25.46	-5.63	-15.13	12.43	22.89
Gross Profit, 1 Yr. Growth %	57.82	3.48	-33.39	23.73	24.52
EBITDA, 1 Yr. Growth %	94.11	0.16	-45.36	30.14	37.33
EBITA, 1 Yr. Growth %	109.71	-0.62	-51.41	34.58	42.78
EBIT, 1 Yr. Growth %	109.71	-0.62	-51.41	34.58	42.78
Earnings From Cont. Operations, 1 Yr. Growth %	100.36	3.71	-51.44	43.21	35.69
Net Income, 1 Yr. Growth %	103.53	3.71	-46.99	40.98	32.1
Normalized Net Income, 1 Yr. Growth %	119.23	5.2	-47.27	42.27	27.68
Diluted EPS Before Extra, 1 Yr. Growth %	101.37	1.22	-45.41	41.1	31.88
Accounts Receivable, 1 Yr. Growth %	26.6	-47.2	37.28	13.35	16.05
Inventory, 1 Yr. Growth %	6.79	105.67	-29.27	-6.63	7.97
Net Property, Plant and Equip., 1 Yr. Growth %	1.72	15.82	6.26	0.44	1.06
Total Assets, 1 Yr. Growth %	41.31	6.62	-1.09	1.14	11.9
Tangible Book Value, 1 Yr. Growth %	27.99	12.68	-3.39	11.96	10.09
Common Equity, 1 Yr. Growth %	27.52	13.18	-3.06	11.99	9.71
Cash From Operations, 1 Yr. Growth %	38.33	-56.05	44.57	34.93	19.39
Capital Expenditures, 1 Yr. Growth %	-51.57	19.2	48.29	-17.1	6.33
Levered Free Cash Flow, 1 Yr. Growth %	79.16	-63.67	13.34	44.63	30.22
Unlevered Free Cash Flow, 1 Yr. Growth %	78.85	-63.57	13.97	43.98	29.73
Dividend Per Share, 1 Yr. Growth %	73.46	-0.22	-33.67	43.35	27.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	21.97	8.81	-10.5	-2.32	17.55
Gross Profit, 2 Yr. CAGR %	35.81	27.8	-16.97	-9.21	24.13
EBITDA, 2 Yr. CAGR %	62.51	39.43	-26.03	-15.68	33.69
EBITA, 2 Yr. CAGR %	72.74	44.37	-30.51	-19.14	38.62
EBIT, 2 Yr. CAGR %	72.74	44.37	-30.51	-19.14	38.62
Earnings From Cont. Operations, 2 Yr. CAGR %	61.11	44.15	-29.04	-16.61	39.4
Net Income, 2 Yr. CAGR %	64.08	45.28	-25.86	-13.55	36.47
Normalized Net Income, 2 Yr. CAGR %	78.51	51.86	-25.52	-13.38	34.78
Diluted EPS Before Extra, 2 Yr. CAGR %	62.43	42.77	-26.32	-12.24	36.41
Accounts Receivable, 2 Yr. CAGR %	14.95	-18.24	-14.86	24.75	14.7
Inventory, 2 Yr. CAGR %	-14.16	48.2	20.61	-18.73	0.41
Net Property, Plant and Equip., 2 Yr. CAGR %	14.02	8.54	10.94	3.31	0.75
Total Assets, 2 Yr. CAGR %	21.88	22.75	2.69	0.02	6.38
Tangible Book Value, 2 Yr. CAGR %	18.38	20.09	4.34	4	11.02
Common Equity, 2 Yr. CAGR %	17.94	20.13	4.75	4.2	10.85
Cash From Operations, 2 Yr. CAGR %	155.5	-22.03	-20.29	39.67	26.92
Capital Expenditures, 2 Yr. CAGR %	-7.38	-24.03	32.95	10.88	-6.11
Levered Free Cash Flow, 2 Yr. CAGR %	221.86	-19.32	-35.83	28.03	37.24
Unlevered Free Cash Flow, 2 Yr. CAGR %	224.83	-19.28	-35.57	28.1	36.67
Dividend Per Share, 2 Yr. CAGR %	44.83	31.56	-18.65	-2.24	35.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.74	11.97	0.16	-3.43	5.45
Gross Profit, 3 Yr. CAGR %	18.89	24.04	2.85	-5.17	0.87
EBITDA, 3 Yr. CAGR %	27.86	38.3	2.03	-10.7	-0.79
EBITA, 3 Yr. CAGR %	31.02	43.67	0.42	-13.38	-2.26
EBIT, 3 Yr. CAGR %	31.02	43.67	0.42	-13.38	-2.26
Earnings From Cont. Operations, 3 Yr. CAGR %	27.5	39.11	0.3	-10.32	-1.92
Net Income, 3 Yr. CAGR %	33.19	40.81	3.81	-8.15	-0.43
Normalized Net Income, 3 Yr. CAGR %	37.68	49.66	6.74	-7.59	-1.42
Diluted EPS Before Extra, 3 Yr. CAGR %	43.42	38.74	3.02	-8.5	0.52
Accounts Receivable, 3 Yr. CAGR %	10.92	-11.31	-2.82	-6.34	21.78
Inventory, 3 Yr. CAGR %	-2.12	14.86	15.82	10.75	-10.66
Net Property, Plant and Equip., 3 Yr. CAGR %	25.08	14.62	7.78	7.32	2.56
Total Assets, 3 Yr. CAGR %	17.34	16.57	14.22	2.17	3.83
Tangible Book Value, 3 Yr. CAGR %	14.82	16.45	11.69	6.82	5.99
Common Equity, 3 Yr. CAGR %	14.72	16.33	11.84	7.11	6
Cash From Operations, 3 Yr. CAGR %	37.26	42.09	-4.21	-5.01	32.55
Capital Expenditures, 3 Yr. CAGR %	7.69	0.74	-5.05	13.58	9.34
Levered Free Cash Flow, 3 Yr. CAGR %	66.98	55.55	-9.64	-15.87	28.76
Unlevered Free Cash Flow, 3 Yr. CAGR %	67.05	56.65	-9.45	-15.76	28.64
Dividend Per Share, 3 Yr. CAGR %	28.71	27.92	4.71	-1.57	6.92
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.59	8.6	2.25	6.02	6.78
Gross Profit, 5 Yr. CAGR %	18.08	15.97	2.99	9.48	10.88
EBITDA, 5 Yr. CAGR %	26.32	23.21	2.72	13.47	13.68
EBITA, 5 Yr. CAGR %	31.66	26.18	1.66	14.16	14.24
EBIT, 5 Yr. CAGR %	31.66	26.18	1.66	14.16	14.24
Earnings From Cont. Operations, 5 Yr. CAGR %	35.4	27.59	0.86	13.36	14.41
Net Income, 5 Yr. CAGR %	35.67	27.71	5.37	15.85	15.82
Normalized Net Income, 5 Yr. CAGR %	30.16	29.12	7.68	20.26	17.18
Diluted EPS Before Extra, 5 Yr. CAGR %	35.08	26.4	9.88	15.11	15.26
Accounts Receivable, 5 Yr. CAGR %	11.01	-4.55	-0.22	1.66	3.84
Inventory, 5 Yr. CAGR %	7.83	21.07	6.41	0.02	9.39
Net Property, Plant and Equip., 5 Yr. CAGR %	14.42	17.84	19.22	9.95	4.91
Total Assets, 5 Yr. CAGR %	12.8	11.56	11.24	9.64	11.02
Tangible Book Value, 5 Yr. CAGR %	9.3	8.75	10.5	11.3	11.42
Common Equity, 5 Yr. CAGR %	9.34	8.9	10.62	11.32	11.44
Cash From Operations, 5 Yr. CAGR %	21.59	14.56	10.44	41.12	7.2
Capital Expenditures, 5 Yr. CAGR %	4.86	11.47	17.16	4.68	-5.48
Levered Free Cash Flow, 5 Yr. CAGR %	27.76	22.35	13.9	43.9	6.8
Unlevered Free Cash Flow, 5 Yr. CAGR %	27.79	22.45	14.12	44.53	6.76
Dividend Per Share, 5 Yr. CAGR %	24.39	-	7.13	14.87	16.17