Income Statement ASIX Electronics Corporation

Stocks

3169

TW0003169009

Semiconductors

End-of-day quote Taipei Exchange 2026-08-25			5-day change	1st Jan Change
98.80 ^TWD	-0.50%		-2.18%	+1.33%

07-22	ASIX Electronics Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
04-22	ASIX Electronics Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: ASIX ELECTRONICS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.32B	1.34B	888M	853M	930M
Total Revenues	1.32B	1.34B	888M	853M	930M
Cost of Goods Sold, Total	564M	571M	413M	417M	435M
Gross Profit	755M	765M	474M	436M	495M
Selling General & Admin Expenses, Total	148M	145M	108M	98.53M	100M
R&D Expenses	148M	143M	118M	120M	137M
Other Operating Expenses, Total	297M	288M	226M	219M	237M
Operating Income	458M	476M	249M	217M	258M
Interest Expense, Total	-580K	-560K	-558K	-563K	-528K
Interest And Investment Income	3.8M	9.89M	23.57M	25.1M	26.44M
Net Interest Expenses	3.22M	9.33M	23.01M	24.53M	25.91M
Currency Exchange Gains (Loss)	-1.98M	17.04M	-3.38M	10.88M	-8.22M
Other Non Operating Income (Expenses)	7.56M	1.16M	1.12M	927K	1.08M
EBT, Excl. Unusual Items	467M	504M	269M	253M	276M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	467M	504M	269M	253M	276M
Income Tax Expense	82.63M	88.34M	38.97M	37.96M	44.94M
Earnings From Continuing Operations	384M	416M	230M	215M	232M
Net Income to Company	384M	416M	230M	215M	232M
Net Income - (IS)	384M	416M	230M	215M	232M
Net Income to Common Incl Extra Items	384M	416M	230M	215M	232M
Net Income to Common Excl. Extra Items	384M	416M	230M	215M	232M
Per Share Items
Net EPS - Basic	6.34	6.66	3.67	3.42	3.67
Basic EPS - Continuing Operations	6.34	6.66	3.67	3.42	3.67
Basic Weighted Average Shares Outstanding	60.56M	62.39M	62.73M	62.91M	63.08M
Net EPS - Diluted	6.3	6.54	3.64	3.39	3.63
Diluted EPS - Continuing Operations	6.3	6.54	3.64	3.39	3.63
Diluted Weighted Average Shares Outstanding	60.98M	63.55M	63.29M	63.48M	63.75M
Normalized Basic EPS	4.82	5.05	2.68	2.52	2.74
Normalized Diluted EPS	4.78	4.96	2.66	2.49	2.71
Dividend Per Share	5	5.5	3.5	3	3.2
Payout Ratio	40.48	75.09	149.9	102.23	81.78
Supplemental Items
EBITDA	482M	493M	266M	234M	274M
EBITA	466M	476M	249M	217M	259M
EBIT	458M	476M	249M	217M	258M
EBITDAR	482M	493M	266M	234M	274M
Effective Tax Rate - (Ratio)	17.7	17.53	14.47	14.98	16.26
Total Current Taxes	82.93M	87.29M	40.21M	33.28M	42.92M
Total Deferred Taxes	-299K	1.05M	-1.24M	4.68M	2.03M
Normalized Net Income	292M	315M	168M	158M	173M
Interest on Long-Term Debt	580K	560K	558K	563K	528K
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	69.57M	68.61M	53.15M	44.8M	45.55M
General and Administrative Expenses	78.76M	76.73M	55.07M	53.73M	54.47M
Research And Development Expense From Footnotes	152M	143M	118M	120M	137M
Net Rental Expense, Total	34K	38K	61K	42K	46K
Imputed Operating Lease Interest Expense	10.94K	13.02K	22.07K	16.29K	17.84K
Imputed Operating Lease Depreciation	23.06K	24.98K	38.93K	25.71K	28.16K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	861M	1.57B	1.48B	1.36B	1.42B
Short Term Investments	703M	86.03M	86.29M	286M	286M
Total Cash And Short Term Investments	1.56B	1.65B	1.56B	1.65B	1.71B
Accounts Receivable, Total	138M	88.69M	107M	80.95M	62.84M
Total Receivables	138M	88.69M	107M	80.95M	62.84M
Inventory	154M	221M	113M	60.36M	83.05M
Other Current Assets, Total	9.72M	2.96M	3.71M	6.08M	6.6M
Total Current Assets	1.87B	1.96B	1.79B	1.8B	1.86B
Gross Property Plant And Equipment	269M	279M	298M	303M	312M
Accumulated Depreciation	-209M	-214M	-229M	-246M	-258M
Net Property Plant And Equipment	59.96M	64.84M	69.5M	56.77M	54M
Long-term Investments	6.52M	2.82M	3.9M	7.58M	7.58M
Goodwill	43.29M	48.03M	48.03M	51.28M	49.16M
Other Intangibles, Total	4.17M	4.66M	8.03M	12.42M	16.96M
Deferred Tax Assets Long-Term	22.89M	18.16M	19.4M	12.67M	11.83M
Other Long-Term Assets, Total	3.16M	8.45M	2.54M	2.54M	8.06M
Total Assets	2.01B	2.11B	1.94B	1.94B	2.01B
Liabilities
Accounts Payable, Total	75.46M	34.08M	18.56M	27.42M	29.52M
Accrued Expenses, Total	141M	152M	95.7M	86.68M	93.29M
Current Portion of Leases	1.21M	1.11M	1.19M	891K	971K
Current Income Taxes Payable	63.82M	40.65M	39.71M	5.4M	17.07M
Other Current Liabilities	61.18M	56.31M	30.16M	38.45M	30.67M
Total Current Liabilities	342M	284M	185M	159M	172M
Long-Term Leases	12.62M	11.23M	11.15M	9.98M	9.94M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	583K	-
Total Liabilities	355M	296M	196M	169M	181M
Common Stock, Total	622M	624M	628M	629M	631M
Additional Paid In Capital	481M	465M	440M	458M	477M
Retained Earnings	581M	747M	695M	690M	733M
Comprehensive Income and Other	-33.16M	-21.35M	-21.49M	-6.46M	-13.95M
Total Common Equity	1.65B	1.82B	1.74B	1.77B	1.83B
Total Equity	1.65B	1.82B	1.74B	1.77B	1.83B
Total Liabilities And Equity	2.01B	2.11B	1.94B	1.94B	2.01B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	62.2M	62.43M	62.78M	62.93M	63.11M
ECS Total Common Shares Outstanding	62.2M	62.43M	62.78M	62.93M	63.11M
Book Value / Share	26.55	29.08	27.74	28.15	28.94
Tangible Book Value	1.6B	1.76B	1.69B	1.71B	1.76B
Tangible Book Value Per Share	25.78	28.24	26.85	27.14	27.89
Total Debt	13.82M	12.33M	12.34M	10.88M	10.91M
Net Debt	-1.55B	-1.64B	-1.55B	-1.64B	-1.7B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	272K	304K	488K	336K	368K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	973K	-	-	31K
Inventories - Work In Process, Total	23.27M	30.31M	43.65M	14.64M	16.87M
Inventories - Finished Goods, Total	131M	189M	69.12M	45.72M	66.14M
Buildings, Total	73.86M	75.51M	75.51M	75.51M	76.47M
Machinery, Total	180M	188M	206M	211M	218M
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	384M	416M	230M	215M	232M
Depreciation & Amortization - CF	17.46M	17.42M	18.78M	17.89M	15.9M
Amortization of Goodwill and Intangible Assets - (CF)	8.39M	-	-	-	1.35M
Depreciation & Amortization, Total	25.85M	17.42M	18.78M	17.89M	17.26M
Amortization of Deferred Charges, Total - (CF)	2.11M	8.05M	15.25M	14.27M	16.36M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	52.98M	-25M	2.26M	-30.96M	10.9M
Change In Accounts Receivable	-57.59M	49.3M	-18.75M	26.49M	18.11M
Change In Inventories	-90.19M	-64.72M	103M	53.96M	-18.36M
Change In Accounts Payable	36.87M	-38.23M	-18.67M	8.85M	2.1M
Change in Other Net Operating Assets	130M	60.19M	-38.68M	17.2M	16.75M
Cash from Operations	484M	423M	293M	323M	295M
Capital Expenditure	-9.45M	-22.58M	-22.23M	-5.43M	-12M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-5.49M	-8.53M	-18.63M	-18.66M	-22.25M
Investment in Marketable and Equity Securities, Total	-334M	618M	-1.08M	-200M	-
Other Investing Activities, Total	5.7M	-5.28M	5.91M	-	-5.52M
Cash from Investing	-344M	581M	-36.04M	-224M	-39.77M
Long-Term Debt Repaid, Total	-1.19M	-1.21M	-1.21M	-1.2M	-1.1M
Total Debt Repaid	-1.19M	-1.21M	-1.21M	-1.2M	-1.1M
Issuance of Common Stock	496M	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-155M	-312M	-345M	-220M	-189M
Common & Preferred Stock Dividends Paid	-155M	-312M	-345M	-220M	-189M
Cash from Financing	339M	-313M	-346M	-221M	-190M
Foreign Exchange Rate Adjustments	-3.74M	14.44M	-125K	10.72M	-7.14M
Net Change in Cash	476M	705M	-89.25M	-112M	57.29M
Supplemental Items
Cash Interest Paid	580K	560K	558K	563K	528K
Cash Income Tax Paid (Refund)	29.51M	111M	41.49M	67.23M	29.66M
Levered Free Cash Flow	344M	224M	137M	195M	168M
Unlevered Free Cash Flow	345M	224M	138M	195M	168M
Change In Net Working Capital	-45.3M	68.07M	10.79M	-51.13M	-7.49M
Net Debt Issued / Repaid	-1.19M	-1.21M	-1.21M	-1.2M	-1.1M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	18.61	14.47	7.67	6.99	8.16
Return on Total Capital	22.13	17.05	8.67	7.67	8.9
Return On Equity %	30.04	23.98	12.95	12.26	12.87
Return on Common Equity	30.04	23.98	12.95	12.26	12.87
Margin Analysis
Gross Profit Margin %	57.24	57.26	53.46	51.12	53.23
SG&A Margin	11.25	10.88	12.19	11.56	10.76
EBITDA Margin %	36.59	36.88	29.96	27.4	29.44
EBITA Margin %	35.37	35.68	28	25.46	27.87
EBIT Margin %	34.74	35.68	28	25.46	27.72
Income From Continuing Operations Margin %	29.14	31.13	25.95	25.27	24.9
Net Income Margin %	29.14	31.13	25.95	25.27	24.9
Net Avail. For Common Margin %	29.14	31.13	25.95	25.27	24.9
Normalized Net Income Margin	22.13	23.59	18.96	18.57	18.59
Levered Free Cash Flow Margin	26.11	16.75	15.48	22.81	18.03
Unlevered Free Cash Flow Margin	26.13	16.78	15.52	22.86	18.06
Asset Turnover
Asset Turnover	0.86	0.65	0.44	0.44	0.47
Fixed Assets Turnover	20.75	21.4	13.21	13.5	16.78
Receivables Turnover (Average Receivables)	12.07	11.78	9.05	9.05	12.93
Inventory Turnover (Average Inventory)	5.16	3.04	2.48	4.81	6.06
Short Term Liquidity
Current Ratio	5.45	6.91	9.64	11.32	10.85
Quick Ratio	4.97	6.12	9.01	10.9	10.32
Operating Cash Flow to Current Liabilities	1.41	1.49	1.58	2.03	1.72
Days Sales Outstanding (Average Receivables)	30.23	30.98	40.32	40.43	28.23
Days Outstanding Inventory (Average Inventory)	70.79	119.94	147.29	76.02	60.2
Average Days Payable Outstanding	31.82	31.38	31.48	23.1	22.72
Cash Conversion Cycle (Average Days)	69.19	119.53	156.14	93.36	65.72
Long Term Solvency
Total Debt/Equity	0.84	0.68	0.71	0.61	0.6
Total Debt / Total Capital	0.83	0.67	0.7	0.61	0.59
LT Debt/Equity	0.76	0.62	0.64	0.56	0.54
Long-Term Debt / Total Capital	0.76	0.61	0.64	0.56	0.54
Total Liabilities / Total Assets	17.7	14.01	10.14	8.73	9.04
EBIT / Interest Expense	789.56	850.84	445.43	385.54	488.02
EBITDA / Interest Expense	834.13	881.95	479.09	417.32	520.7
(EBITDA - Capex) / Interest Expense	817.83	841.63	439.25	407.68	497.98
Total Debt / EBITDA	0.03	0.02	0.05	0.05	0.04
Net Debt / EBITDA	-3.2	-3.32	-5.8	-6.98	-6.17
Total Debt / (EBITDA - Capex)	0.03	0.03	0.05	0.05	0.04
Net Debt / (EBITDA - Capex)	-3.27	-3.48	-6.33	-7.14	-6.45
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	81.73	1.3	-33.54	-3.94	9.02
Gross Profit, 1 Yr. Growth %	95.9	1.34	-37.95	-8.14	13.53
EBITDA, 1 Yr. Growth %	136.59	2.09	-46	-12.17	17.17
EBITA, 1 Yr. Growth %	138.45	2.17	-47.84	-12.67	19.33
EBIT, 1 Yr. Growth %	145.26	4.05	-47.84	-12.67	18.71
Earnings From Cont. Operations, 1 Yr. Growth %	141.41	8.21	-44.59	-6.46	7.46
Net Income, 1 Yr. Growth %	141.41	8.21	-44.59	-6.46	7.46
Normalized Net Income, 1 Yr. Growth %	146.7	7.98	-46.57	-5.9	9.1
Diluted EPS Before Extra, 1 Yr. Growth %	110	3.81	-44.34	-6.87	7.08
Accounts Receivable, 1 Yr. Growth %	71.63	-35.73	21.14	-24.65	-22.37
Inventory, 1 Yr. Growth %	140.62	42.85	-48.9	-46.47	37.58
Net Property, Plant and Equip., 1 Yr. Growth %	-10.68	8.13	7.2	-18.32	-4.87
Total Assets, 1 Yr. Growth %	87.44	5.23	-8.19	0.15	3.44
Tangible Book Value, 1 Yr. Growth %	88.08	9.92	-4.38	1.32	3.06
Common Equity, 1 Yr. Growth %	82.14	9.95	-4.06	1.72	3.09
Cash From Operations, 1 Yr. Growth %	111.84	-12.63	-30.59	10.14	-8.82
Capital Expenditures, 1 Yr. Growth %	335.02	138.83	-1.52	-75.59	121.08
Levered Free Cash Flow, 1 Yr. Growth %	113.53	-35	-38.59	42.4	-13.85
Unlevered Free Cash Flow, 1 Yr. Growth %	113.27	-34.96	-38.53	42.3	-13.84
Dividend Per Share, 1 Yr. Growth %	100	10	-36.36	-14.29	6.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	35.02	35.68	-17.95	-20.1	2.34
Gross Profit, 2 Yr. CAGR %	46.38	40.9	-20.7	-24.5	2.12
EBITDA, 2 Yr. CAGR %	62.96	55.42	-25.75	-31.13	1.44
EBITA, 2 Yr. CAGR %	63.98	56.09	-26.99	-32.51	2.09
EBIT, 2 Yr. CAGR %	67.02	59.74	-26.33	-32.51	1.82
Earnings From Cont. Operations, 2 Yr. CAGR %	64.35	61.63	-22.56	-28.01	0.25
Net Income, 2 Yr. CAGR %	64.35	61.63	-22.56	-28.01	0.25
Normalized Net Income, 2 Yr. CAGR %	67.89	63.21	-24.04	-29.09	1.32
Diluted EPS Before Extra, 2 Yr. CAGR %	48.53	47.65	-23.99	-28	-0.14
Accounts Receivable, 2 Yr. CAGR %	38.08	5.03	-11.76	-4.46	-23.52
Inventory, 2 Yr. CAGR %	51.07	85.4	-14.56	-47.7	-14.18
Net Property, Plant and Equip., 2 Yr. CAGR %	9.87	-1.73	7.66	-6.43	-11.85
Total Assets, 2 Yr. CAGR %	39.51	40.44	-1.71	-4.11	1.78
Tangible Book Value, 2 Yr. CAGR %	38.13	43.78	2.52	-1.57	2.19
Common Equity, 2 Yr. CAGR %	35.04	41.51	2.71	-1.21	2.4
Cash From Operations, 2 Yr. CAGR %	49.06	36.05	-22.12	-12.56	0.21
Capital Expenditures, 2 Yr. CAGR %	146.88	222.33	53.36	-50.97	-26.53
Levered Free Cash Flow, 2 Yr. CAGR %	48.7	17.82	-36.82	-6.76	10.76
Unlevered Free Cash Flow, 2 Yr. CAGR %	48.58	17.77	-36.77	-6.75	10.73
Dividend Per Share, 2 Yr. CAGR %	46.39	48.32	-16.33	-26.15	-4.38
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	26.72	22.69	6.96	-13.52	-11.38
Gross Profit, 3 Yr. CAGR %	36.79	29.49	7.2	-16.72	-13.5
EBITDA, 3 Yr. CAGR %	42.19	39.44	9.26	-21.47	-17.79
EBITA, 3 Yr. CAGR %	45.49	40.06	8.32	-22.5	-18.39
EBIT, 3 Yr. CAGR %	53.6	42.64	10	-22.03	-18.53
Earnings From Cont. Operations, 3 Yr. CAGR %	47.11	42.98	13.12	-17.53	-17.72
Net Income, 3 Yr. CAGR %	47.11	42.98	13.12	-17.53	-17.72
Normalized Net Income, 3 Yr. CAGR %	49.76	44.92	12.49	-18.42	-18.14
Diluted EPS Before Extra, 3 Yr. CAGR %	37.11	31.81	6.66	-18.66	-17.82
Accounts Receivable, 3 Yr. CAGR %	15.66	7.01	10.15	-16.29	-10.85
Inventory, 3 Yr. CAGR %	25.5	48.28	20.66	-26.89	-27.8
Net Property, Plant and Equip., 3 Yr. CAGR %	22.29	9.29	1.16	-1.81	-5.91
Total Assets, 3 Yr. CAGR %	27.65	27	21.89	-1.09	-1.66
Tangible Book Value, 3 Yr. CAGR %	27.28	28	25.51	2.12	-0.05
Common Equity, 3 Yr. CAGR %	24.61	26.1	24.32	2.38	0.2
Cash From Operations, 3 Yr. CAGR %	35.15	24.75	8.71	-12.59	-11.34
Capital Expenditures, 3 Yr. CAGR %	140.92	144.17	117.1	-16.88	-19
Levered Free Cash Flow, 3 Yr. CAGR %	35.73	12.86	-5.19	-17.32	-9.18
Unlevered Free Cash Flow, 3 Yr. CAGR %	35.78	12.82	-5.18	-17.3	-9.17
Dividend Per Share, 3 Yr. CAGR %	31.04	33.09	11.87	-15.66	-16.52
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.34	13.79	6.5	3.35	5.08
Gross Profit, 5 Yr. CAGR %	25.33	20.67	9.99	4.36	5.14
EBITDA, 5 Yr. CAGR %	30.38	22.32	9.65	5.16	6.06
EBITA, 5 Yr. CAGR %	34.02	24.71	10.42	4.59	5.78
EBIT, 5 Yr. CAGR %	43.91	30.72	14.49	5.74	6.65
Earnings From Cont. Operations, 5 Yr. CAGR %	44.19	33.37	13.8	8.66	7.79
Net Income, 5 Yr. CAGR %	44.19	33.37	13.8	8.66	7.79
Normalized Net Income, 5 Yr. CAGR %	43.6	32.69	14.15	8.88	7.88
Diluted EPS Before Extra, 5 Yr. CAGR %	37.35	26.32	8.29	3.49	3.89
Accounts Receivable, 5 Yr. CAGR %	8.98	-0.82	3.79	2.27	-4.81
Inventory, 5 Yr. CAGR %	21.69	22.34	7.61	-2.26	5.28
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.61	5.99	16.22	2.71	-4.26
Total Assets, 5 Yr. CAGR %	18.96	18.57	14.98	13.5	13.41
Tangible Book Value, 5 Yr. CAGR %	20.75	19.99	16.73	15.23	15.6
Common Equity, 5 Yr. CAGR %	16.66	17.59	15.34	14.37	15.04
Cash From Operations, 5 Yr. CAGR %	26.46	20.57	8.4	8.22	5.23
Capital Expenditures, 5 Yr. CAGR %	114.74	33.24	101.1	28.47	40.74
Levered Free Cash Flow, 5 Yr. CAGR %	23.02	13.58	-0.04	4.56	0.78
Unlevered Free Cash Flow, 5 Yr. CAGR %	23.05	13.62	0.01	4.54	0.77
Dividend Per Share, 5 Yr. CAGR %	35.1	22.42	9.51	5.16	5.06