Cash flow Cystech Electronics Corp.

Stocks

6651

TW0006651003

Semiconductors

End-of-day quote Taipei Exchange 2026-10-05			5-day change	1st Jan Change
156.00 ^TWD	+3.65%		+4.35%	+92.36%

08-12	Cystech Electronics Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-12	Cystech Electronics Corp. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: CYSTECH ELECTRONICS CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Revenues	1.63B	1.7B	1.34B	1.45B	1.5B
Total Revenues	1.63B	1.7B	1.34B	1.45B	1.5B
Cost of Goods Sold, Total	1.04B	1.03B	881M	934M	981M
Gross Profit	582M	662M	464M	511M	521M
Selling General & Admin Expenses, Total	221M	231M	191M	198M	192M
Provision for Bad Debts	-	-	-	-	16K
R&D Expenses	40.82M	38.73M	42.62M	48.88M	50.26M
Other Operating Expenses	-	45.1M	954K	-5.44M	-6.51M
Other Operating Expenses, Total	261M	314M	235M	241M	236M
Operating Income	321M	347M	229M	270M	286M
Interest Expense, Total	-1.34M	-3.42M	-8.7M	-5.16M	-2.07M
Interest And Investment Income	151K	1.84M	16.87M	16.29M	5.04M
Net Interest Expenses	-1.19M	-1.57M	8.17M	11.12M	2.97M
Currency Exchange Gains (Loss)	-8.6M	53.51M	-1.21M	68.6M	-25.75M
Other Non Operating Income (Expenses)	22K	113K	798K	-88K	4.74M
EBT, Excl. Unusual Items	311M	399M	237M	350M	268M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	52K	-
EBT, Incl. Unusual Items	311M	399M	237M	350M	268M
Income Tax Expense	57.89M	93.9M	48.78M	66.54M	49.21M
Earnings From Continuing Operations	253M	305M	188M	283M	218M
Net Income to Company	253M	305M	188M	283M	218M
Net Income - (IS)	253M	305M	188M	283M	218M
Net Income to Common Incl Extra Items	253M	305M	188M	283M	218M
Net Income to Common Excl. Extra Items	253M	305M	188M	283M	218M
Per Share Items
Net EPS - Basic	7.4	8.91	5.48	8.22	6.32
Basic EPS - Continuing Operations	7.4	8.91	5.48	8.22	6.32
Basic Weighted Average Shares Outstanding	34.19M	34.28M	34.36M	34.46M	34.58M
Net EPS - Diluted	7.36	8.75	5.43	8.16	6.3
Diluted EPS - Continuing Operations	7.36	8.75	5.43	8.16	6.3
Diluted Weighted Average Shares Outstanding	34.38M	34.9M	34.67M	34.73M	34.69M
Normalized Basic EPS	5.68	7.28	4.31	6.35	4.84
Normalized Diluted EPS	5.65	7.15	4.28	6.3	4.82
Dividend Per Share	3.81	6	4	7	4
Payout Ratio	39.08	43.16	110.22	48.84	110.88
Supplemental Items
EBITDA	325M	351M	233M	275M	299M
EBITA	321M	347M	229M	270M	286M
EBIT	321M	347M	229M	270M	286M
EBITDAR	326M	352M	234M	277M	302M
Effective Tax Rate - (Ratio)	18.62	23.51	20.57	19.02	18.39
Total Current Taxes	57.71M	100M	59.33M	61.39M	47.23M
Total Deferred Taxes	176K	-6.51M	-10.55M	5.15M	1.98M
Normalized Net Income	194M	250M	148M	219M	167M
Interest on Long-Term Debt	302K	191K	233K	258K	91K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	133M	136M	107M	109M	113M
General and Administrative Expenses	87.24M	95.16M	84.4M	88.97M	78.51M
Research And Development Expense From Footnotes	40.82M	38.73M	42.62M	48.88M	50.26M
Net Rental Expense, Total	824K	926K	951K	1.74M	2.8M
Imputed Operating Lease Interest Expense	43.64K	96.98K	135K	204K	695K
Imputed Operating Lease Depreciation	780K	829K	816K	1.54M	2.1M
Stock-Based Comp., Other (Total)	27.86M	17.23M	9.25M	5.21M	924K
Total Stock-Based Compensation	27.86M	17.23M	9.25M	5.21M	924K

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Assets
Cash And Equivalents	320M	407M	485M	471M	518M
Short Term Investments	-	-	61.41M	-	-
Total Cash And Short Term Investments	320M	407M	546M	471M	518M
Accounts Receivable, Total	588M	507M	403M	455M	398M
Other Receivables	6.05M	3.06M	1.83M	4.41M	2.57M
Total Receivables	594M	510M	405M	459M	401M
Inventory	416M	587M	329M	329M	325M
Prepaid Expenses	31.1M	28.18M	51.06M	-	-
Other Current Assets, Total	4.75M	8.12M	180M	65.41M	65.5M
Total Current Assets	1.37B	1.54B	1.51B	1.32B	1.31B
Gross Property Plant And Equipment	85.65M	78.98M	99.3M	110M	118M
Accumulated Depreciation	-40.42M	-43.65M	-47.69M	-61.17M	-76.91M
Net Property Plant And Equipment	45.23M	35.33M	51.61M	48.67M	40.82M
Other Intangibles, Total	4.18M	1.79M	11.8M	7.5M	6.06M
Deferred Tax Assets Long-Term	3.34M	9.85M	20.4M	18.94M	16.13M
Other Long-Term Assets, Total	49.07M	214M	359M	272M	179M
Total Assets	1.47B	1.8B	1.95B	1.67B	1.55B
Liabilities
Accounts Payable, Total	197M	126M	93.36M	163M	124M
Accrued Expenses, Total	67.17M	65.14M	57.89M	58.53M	47.89M
Short-term Borrowings	111M	328M	588M	73M	50M
Current Portion of Long-Term Debt	13.24M	8.9M	17.94M	-	-
Current Portion of Leases	9.75M	5.07M	7.34M	6.62M	1.88M
Current Income Taxes Payable	43.76M	68.66M	10.98M	35.99M	20.76M
Unearned Revenue Current, Total	2.06M	964K	586K	1.63M	226K
Other Current Liabilities	18.94M	9.35M	11.03M	30.49M	28.98M
Total Current Liabilities	463M	612M	787M	370M	274M
Long-Term Debt	22.38M	17.93M	-	-	-
Long-Term Leases	5.07M	-	10.65M	1.88M	-
Deferred Tax Liability Non Current	-	-	-	3.69M	2.86M
Other Non Current Liabilities	10.93M	16.06M	9.34M	29K	29K
Total Liabilities	502M	646M	807M	375M	277M
Common Stock, Total	330M	346M	346M	346M	346M
Additional Paid In Capital	296M	297M	295M	295M	295M
Retained Earnings	374M	531M	512M	657M	633M
Comprehensive Income and Other	-33.31M	-16.64M	-6.14M	-924K	-
Total Common Equity	966M	1.16B	1.15B	1.3B	1.27B
Total Equity	966M	1.16B	1.15B	1.3B	1.27B
Total Liabilities And Equity	1.47B	1.8B	1.95B	1.67B	1.55B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	34.61M	34.6M	34.6M	34.6M	34.6M
ECS Total Common Shares Outstanding	34.61M	34.6M	34.6M	34.6M	34.6M
Book Value / Share	27.91	33.44	33.15	37.49	36.83
Tangible Book Value	962M	1.16B	1.14B	1.29B	1.27B
Tangible Book Value Per Share	27.79	33.38	32.81	37.27	36.65
Total Debt	162M	360M	624M	81.49M	51.88M
Net Debt	-158M	-47.6M	77.78M	-390M	-467M
Debt Equivalent Oper. Leases	6.59M	7.41M	7.61M	13.96M	22.38M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	34.89M	28.12M	14.19M	6.17M	8.99M
Inventories - Work In Process, Total	224M	398M	217M	222M	207M
Inventories - Finished Goods, Total	153M	161M	95.24M	99.08M	106M
Land - (BS)	13.66M	13.66M	13.66M	13.66M	13.66M
Buildings, Total	14.57M	14.63M	15.11M	15.2M	15.2M
Machinery, Total	42.84M	45.77M	52.63M	63.37M	75.99M
Full Time Employees	100	103	105	104	96
Accumulated Allowance for Doubtful Accounts (Supple)	1.19M	1.19M	1.19M	1.19M	1.21M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Net Income	253M	305M	188M	283M	218M
Depreciation & Amortization - CF	10.79M	13.25M	13.2M	12.86M	20.28M
Depreciation & Amortization, Total	10.79M	13.25M	13.2M	12.86M	20.28M
Amortization of Deferred Charges, Total - (CF)	3.42M	2.56M	3M	5.18M	5.47M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Stock-Based Compensation (CF)	27.86M	17.23M	9.25M	5.21M	924K
Provision and Write-off of Bad Debts	-	-	-	-	16K
Other Operating Activities, Total	6.52M	90.74M	-11.16M	19.03M	-25.18M
Change In Accounts Receivable	-143M	69.77M	96.18M	-44.58M	64.04M
Change In Inventories	-123M	-205M	211M	-14.43M	-3.02M
Change In Accounts Payable	15.14M	-68.62M	-34.56M	69.62M	-38.74M
Change in Unearned Revenues	1.01M	-1.1M	-378K	1.04M	-1.4M
Change in Other Net Operating Assets	-49.16M	-141M	-139M	107M	64.67M
Cash from Operations	2.64M	83.17M	336M	444M	305M
Capital Expenditure	-4.68M	-4.28M	-6.75M	-19.34M	-15.51M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.71M	-175K	-5.11M	-4.71M	-7.93M
Investment in Marketable and Equity Securities, Total	14.24M	-	-211M	61.41M	-
Other Investing Activities, Total	11.78M	-57.75M	-69.38M	176M	33.41M
Cash from Investing	19.62M	-62.2M	-292M	214M	9.97M
Short Term Debt Issued, Total	-	217M	260M	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	217M	260M	-	-
Short Term Debt Repaid, Total	-77.04M	-	-	-515M	-23M
Long-Term Debt Repaid, Total	-11.4M	-18.55M	-18.1M	-25.97M	-6.62M
Total Debt Repaid	-88.44M	-18.55M	-18.1M	-541M	-29.62M
Issuance of Common Stock	239M	-	-	15K	-
Common Dividends Paid	-98.89M	-132M	-208M	-138M	-242M
Common & Preferred Stock Dividends Paid	-98.89M	-132M	-208M	-138M	-242M
Other Financing Activities, Total	2.58M	-2.39M	2.39M	3.34M	-864K
Cash from Financing	53.96M	63.86M	36.68M	-676M	-273M
Foreign Exchange Rate Adjustments	-	2.82M	-3.29M	4.39M	4.55M
Net Change in Cash	76.22M	87.64M	77.25M	-13.64M	47.33M
Supplemental Items
Cash Interest Paid	1.2M	3.34M	8.4M	5.53M	2.11M
Cash Income Tax Paid (Refund)	31.67M	75.52M	117M	36.38M	62.46M
Levered Free Cash Flow	-7.61M	96.31M	225M	392M	176M
Unlevered Free Cash Flow	-6.77M	98.44M	230M	395M	177M
Change In Net Working Capital	243M	147M	-73.38M	-227M	4.86M
Net Debt Issued / Repaid	-88.44M	198M	242M	-541M	-29.62M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Profitability
Return on Assets	15.86	13.28	7.63	9.31	11.08
Return on Total Capital	20.91	16.42	8.72	10.73	13.2
Return On Equity %	33.48	28.78	16.35	23.19	16.99
Return on Common Equity	33.48	28.78	16.35	23.19	16.99
Margin Analysis
Gross Profit Margin %	35.79	39.01	34.5	35.37	34.7
SG&A Margin	13.56	13.6	14.2	13.67	12.76
EBITDA Margin %	19.96	20.69	17.36	19.02	19.93
EBITA Margin %	19.71	20.47	17.06	18.69	19.02
EBIT Margin %	19.71	20.47	17.06	18.69	19.02
Income From Continuing Operations Margin %	15.55	18.01	14.01	19.6	14.54
Net Income Margin %	15.55	18.01	14.01	19.6	14.54
Net Avail. For Common Margin %	15.55	18.01	14.01	19.6	14.54
Normalized Net Income Margin	11.95	14.71	11.02	15.13	11.14
Levered Free Cash Flow Margin	-0.47	5.68	16.72	27.12	11.69
Unlevered Free Cash Flow Margin	-0.42	5.8	17.13	27.34	11.78
Asset Turnover
Asset Turnover	1.29	1.04	0.72	0.8	0.93
Fixed Assets Turnover	36.04	42.12	30.94	28.83	33.57
Receivables Turnover (Average Receivables)	3.16	3.1	2.96	3.37	3.52
Inventory Turnover (Average Inventory)	3.01	2.07	1.92	2.84	3
Short Term Liquidity
Current Ratio	2.95	2.52	1.92	3.58	4.78
Quick Ratio	1.97	1.5	1.21	2.52	3.36
Operating Cash Flow to Current Liabilities	0.01	0.14	0.43	1.2	1.12
Days Sales Outstanding (Average Receivables)	115.34	117.84	123.5	108.52	103.58
Days Outstanding Inventory (Average Inventory)	121.2	176.24	190.07	128.95	121.66
Average Days Payable Outstanding	57.9	48.65	64.31	50.26	53.77
Cash Conversion Cycle (Average Days)	178.64	245.43	249.26	187.21	171.47
Long Term Solvency
Total Debt/Equity	16.75	31.11	54.4	6.28	4.07
Total Debt / Total Capital	14.35	23.73	35.23	5.91	3.91
LT Debt/Equity	2.84	1.55	0.93	0.14	-
Long-Term Debt / Total Capital	2.43	1.18	0.6	0.14	-
Total Liabilities / Total Assets	34.18	35.82	41.31	22.44	17.85
EBIT / Interest Expense	238.78	101.71	26.36	52.32	137.89
EBITDA / Interest Expense	246.81	105.59	27.88	54.81	147.67
(EBITDA - Capex) / Interest Expense	243.32	104.33	27.1	51.06	140.18
Total Debt / EBITDA	0.49	1	2.57	0.29	0.17
Net Debt / EBITDA	-0.48	-0.13	0.32	-1.38	-1.52
Total Debt / (EBITDA - Capex)	0.5	1.01	2.65	0.31	0.18
Net Debt / (EBITDA - Capex)	-0.48	-0.13	0.33	-1.48	-1.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	36.33	4.29	-20.72	7.49	3.91
Gross Profit, 1 Yr. Growth %	60.34	13.69	-29.89	10.21	1.93
EBITDA, 1 Yr. Growth %	93.11	8.07	-33.48	17.8	8.88
EBITA, 1 Yr. Growth %	94.92	8.31	-33.96	17.8	5.73
EBIT, 1 Yr. Growth %	94.92	8.31	-33.96	17.8	5.73
Earnings From Cont. Operations, 1 Yr. Growth %	112.09	20.73	-38.34	50.44	-22.91
Net Income, 1 Yr. Growth %	112.09	20.73	-38.34	50.44	-22.91
Normalized Net Income, 1 Yr. Growth %	112.68	28.45	-40.62	47.53	-23.5
Diluted EPS Before Extra, 1 Yr. Growth %	87.62	18.89	-37.94	50.28	-22.79
Accounts Receivable, 1 Yr. Growth %	33.64	-13.72	-20.61	12.85	-12.42
Inventory, 1 Yr. Growth %	49.9	42.6	-44.11	0.15	-1.49
Net Property, Plant and Equip., 1 Yr. Growth %	0.39	-21.88	46.08	-5.7	-16.13
Total Assets, 1 Yr. Growth %	38.59	22.81	8.4	-14.42	-7.25
Tangible Book Value, 1 Yr. Growth %	78.3	20.09	-1.73	13.61	-1.66
Common Equity, 1 Yr. Growth %	77.14	19.76	-0.86	13.1	-1.76
Cash From Operations, 1 Yr. Growth %	-95.25	-4.15K	303.72	32.29	-31.22
Capital Expenditures, 1 Yr. Growth %	2.92K	-8.59	57.76	186.4	-19.78
Levered Free Cash Flow, 1 Yr. Growth %	-121.6	-1.37K	133.51	74.33	-55.2
Unlevered Free Cash Flow, 1 Yr. Growth %	-117.9	-1.55K	133.97	71.62	-55.24
Dividend Per Share, 1 Yr. Growth %	33.37	57.5	-33.33	75	-42.86
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	26.88	19.24	-9.07	-7.69	5.69
Gross Profit, 2 Yr. CAGR %	34.68	35.01	-10.72	-12.1	5.99
EBITDA, 2 Yr. CAGR %	58.19	44.46	-15.21	-11.48	13.26
EBITA, 2 Yr. CAGR %	59.31	45.3	-15.42	-11.79	11.6
EBIT, 2 Yr. CAGR %	59.31	45.3	-15.42	-11.79	11.6
Earnings From Cont. Operations, 2 Yr. CAGR %	64.65	60.02	-13.72	-3.69	7.69
Net Income, 2 Yr. CAGR %	64.65	60.02	-13.72	-3.69	7.69
Normalized Net Income, 2 Yr. CAGR %	66.33	65.28	-12.67	-6.4	6.24
Diluted EPS Before Extra, 2 Yr. CAGR %	54.7	49.33	-14.11	-3.43	7.71
Accounts Receivable, 2 Yr. CAGR %	30.31	7.38	-17.24	-5.35	-0.59
Inventory, 2 Yr. CAGR %	30.04	45.46	-10.63	-25.18	-0.67
Net Property, Plant and Equip., 2 Yr. CAGR %	4.77	-11.44	6.83	17.37	-11.07
Total Assets, 2 Yr. CAGR %	29.2	30.46	15.38	-3.68	-10.91
Tangible Book Value, 2 Yr. CAGR %	47.38	46.33	8.63	5.66	5.7
Common Equity, 2 Yr. CAGR %	46.18	45.65	8.96	5.89	5.41
Cash From Operations, 2 Yr. CAGR %	-90.03	22.26	1.18K	131.1	-4.61
Capital Expenditures, 2 Yr. CAGR %	-6.94	425.48	20.09	112.56	51.58
Levered Free Cash Flow, 2 Yr. CAGR %	-82.23	65.36	443.66	101.76	-11.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	-83.39	61.33	483.31	100.38	-12.35
Dividend Per Share, 2 Yr. CAGR %	109.79	44.91	2.47	8.01	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	18.19	18.85	4.07	-3.86	-3.97
Gross Profit, 3 Yr. CAGR %	27.34	27.28	8.52	-4.23	-7.65
EBITDA, 3 Yr. CAGR %	45.85	39.32	11.56	-5.39	-5.15
EBITA, 3 Yr. CAGR %	46.22	40.08	11.72	-5.55	-6.3
EBIT, 3 Yr. CAGR %	46.22	40.08	11.72	-5.55	-6.3
Earnings From Cont. Operations, 3 Yr. CAGR %	52.18	48.47	16.45	3.85	-10.58
Net Income, 3 Yr. CAGR %	52.18	48.47	16.45	3.85	-10.58
Normalized Net Income, 3 Yr. CAGR %	47.72	52.61	17.5	4.01	-12.49
Diluted EPS Before Extra, 3 Yr. CAGR %	45.86	41.69	11.44	3.5	-10.37
Accounts Receivable, 3 Yr. CAGR %	19.74	13.58	-2.9	-8.23	-7.77
Inventory, 3 Yr. CAGR %	0.87	33.64	5.82	-7.17	-18
Net Property, Plant and Equip., 3 Yr. CAGR %	15.55	-5	4.64	2.48	4.93
Total Assets, 3 Yr. CAGR %	17.88	27.04	22.65	4.45	-4.89
Tangible Book Value, 3 Yr. CAGR %	36.86	37.66	28.14	10.27	3.16
Common Equity, 3 Yr. CAGR %	36.15	36.78	28.12	10.32	3.27
Cash From Operations, 3 Yr. CAGR %	-47.24	-32.11	82.06	500.14	54.29
Capital Expenditures, 3 Yr. CAGR %	32.32	-7.49	251.86	60.45	53.61
Levered Free Cash Flow, 3 Yr. CAGR %	-40.05	-26.33	85.52	272.12	22.18
Unlevered Free Cash Flow, 3 Yr. CAGR %	-39.68	-26.25	82.62	287.96	21.58
Dividend Per Share, 3 Yr. CAGR %	68.12	90.65	11.87	22.48	-12.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	19.84	17.4	6.42	7.43	4.71
Gross Profit, 5 Yr. CAGR %	25.52	22.69	10.48	9.76	7.5
EBITDA, 5 Yr. CAGR %	49.95	30.34	17.4	16.21	12.23
EBITA, 5 Yr. CAGR %	54.39	31.77	17.46	16.42	11.67
EBIT, 5 Yr. CAGR %	54.39	31.77	17.46	16.42	11.67
Earnings From Cont. Operations, 5 Yr. CAGR %	55.54	34.98	21.28	24.87	12.86
Net Income, 5 Yr. CAGR %	55.54	34.98	21.28	24.87	12.86
Normalized Net Income, 5 Yr. CAGR %	55.31	37.14	19.71	25.5	12.86
Diluted EPS Before Extra, 5 Yr. CAGR %	48.45	29.39	18.01	21.55	9.93
Accounts Receivable, 5 Yr. CAGR %	19.18	14.31	3.29	5.59	-1.98
Inventory, 5 Yr. CAGR %	13.79	11.14	-4.1	6.01	3.17
Net Property, Plant and Equip., 5 Yr. CAGR %	7.49	2.91	11.98	3.39	-1.95
Total Assets, 5 Yr. CAGR %	21.4	19.85	16.88	13.72	7.93
Tangible Book Value, 5 Yr. CAGR %	31.57	27.53	24.78	23.84	18.64
Common Equity, 5 Yr. CAGR %	31.57	26.98	24.54	23.47	18.5
Cash From Operations, 5 Yr. CAGR %	9.63	23.06	79.55	10.82	40.58
Capital Expenditures, 5 Yr. CAGR %	1.41	21.72	27.28	29.03	151.23
Levered Free Cash Flow, 5 Yr. CAGR %	-13.86	11.13	44.81	10.24	37.9
Unlevered Free Cash Flow, 5 Yr. CAGR %	-12.07	12.87	49.49	10	36.15
Dividend Per Share, 5 Yr. CAGR %	42.73	35.47	37.91	51.89	6.96