Income Statement Highpoint Service Network Corporation

Stocks

6884

TW0006884000

Business Support Services

End-of-day quote Taipei Exchange Other stock markets 2026-07-23			5-day change	1st Jan Change
32.15 ^TWD	0.00%		-1.83%	-10.57%

05-06	Highpoint Service Network Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
03-13	Highpoint Service Network Corporation Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: HIGHPOINT SERVICE NETWORK CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	583M	744M	904M	1.19B	1.21B
Total Revenues	583M	744M	904M	1.19B	1.21B
Cost of Goods Sold, Total	456M	606M	739M	968M	961M
Gross Profit	127M	138M	165M	225M	251M
Selling General & Admin Expenses, Total	103M	114M	130M	174M	205M
Provision for Bad Debts	2.37M	-4.34M	-603K	926K	-571K
Other Operating Expenses, Total	105M	110M	129M	175M	204M
Operating Income	22.03M	28.29M	35.32M	49.88M	46.47M
Interest Expense, Total	-546K	-1.03M	-917K	-2.05M	-2.12M
Interest And Investment Income	1.94M	1.65M	2.54M	2.82M	3.54M
Net Interest Expenses	1.4M	622K	1.63M	779K	1.42M
Income (Loss) On Equity Invest.	-	-	-	625K	1.81M
Currency Exchange Gains (Loss)	1.1M	2.76M	122K	441K	-648K
Other Non Operating Income (Expenses)	3.16M	582K	39K	256K	161K
EBT, Excl. Unusual Items	27.68M	32.25M	37.11M	51.98M	49.22M
Gain (Loss) On Sale Of Investments	-	-	-	-140K	259K
Gain (Loss) On Sale Of Assets	-	25K	-	-212K	49K
Other Unusual Items	-	309K	-	82K	-
EBT, Incl. Unusual Items	27.68M	32.59M	37.11M	51.71M	49.52M
Income Tax Expense	14.34M	10.26M	12.51M	18.48M	16.01M
Earnings From Continuing Operations	13.35M	22.33M	24.6M	33.23M	33.51M
Net Income to Company	13.35M	22.33M	24.6M	33.23M	33.51M
Minority Interest	-51K	-47K	-28K	-148K	-102K
Net Income - (IS)	13.3M	22.28M	24.57M	33.08M	33.41M
Net Income to Common Incl Extra Items	13.3M	22.28M	24.57M	33.08M	33.41M
Net Income to Common Excl. Extra Items	13.3M	22.28M	24.57M	33.08M	33.41M
Per Share Items
Net EPS - Basic	0.82	1.37	1.52	2.04	2.05
Basic EPS - Continuing Operations	0.82	1.37	1.52	2.04	2.05
Basic Weighted Average Shares Outstanding	16.21M	16.21M	16.21M	16.21M	16.31M
Net EPS - Diluted	0.82	1.33	1.48	2	2.01
Diluted EPS - Continuing Operations	0.82	1.33	1.48	2	2.01
Diluted Weighted Average Shares Outstanding	16.25M	16.7M	16.54M	16.52M	16.62M
Normalized Basic EPS	1.06	1.24	1.43	1.99	1.88
Normalized Diluted EPS	1.06	1.2	1.4	1.96	1.84
Dividend Per Share	-	1	1.1	1.5	1.5
Payout Ratio	-	-	65.98	51.61	70.85
Supplemental Items
EBITDA	25.19M	33.58M	41.7M	56.15M	51.53M
EBITA	22.03M	28.29M	35.32M	49.88M	46.47M
EBIT	22.03M	28.29M	35.32M	49.88M	46.47M
EBITDAR	28.5M	36.26M	44.8M	57.75M	61.48M
Total Revenues (As Reported)	583M	744M	904M	-	-
Effective Tax Rate - (Ratio)	51.78	31.47	33.72	35.73	32.33
Total Current Taxes	6.66M	10.49M	15.12M	23.18M	27.94M
Total Deferred Taxes	7.68M	-231K	-2.6M	-4.7M	-11.93M
Normalized Net Income	17.25M	20.11M	23.16M	32.34M	30.66M
Interest on Long-Term Debt	422K	790K	546K	1.09M	1.51M
Non-Cash Pension Expense	153K	518K	-71K	1.98M	2.31M
Supplemental Operating Expense Items
Selling and Marketing Expenses	15.98M	20.6M	22.6M	35.05M	38.33M
General and Administrative Expenses	86.87M	93.41M	107M	139M	167M
Net Rental Expense, Total	3.31M	2.67M	3.1M	1.6M	9.94M
Imputed Operating Lease Interest Expense	528K	611K	648K	407K	2.76M
Imputed Operating Lease Depreciation	2.79M	2.06M	2.45M	1.19M	7.19M
Stock-Based Comp., Other (Total)	-	-	-	298K	-
Total Stock-Based Compensation	-	-	-	298K	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	179M	208M	157M	268M	343M
Short Term Investments	-	-	2.91M	-	-
Trading Asset Securities, Total	-	12K	75K	99K	108K
Total Cash And Short Term Investments	179M	208M	160M	268M	343M
Accounts Receivable, Total	96.01M	118M	163M	156M	202M
Other Receivables	27.37M	11.27M	6.97M	58.39M	9.66M
Total Receivables	123M	129M	170M	214M	212M
Inventory	16.07M	19.47M	26.2M	31.23M	30.99M
Prepaid Expenses	6.72M	11.05M	27.84M	20.55M	5.29M
Other Current Assets, Total	3.35M	5.55M	4.68M	7.54M	5.09M
Total Current Assets	328M	372M	388M	541M	597M
Gross Property Plant And Equipment	59.49M	58M	63.73M	91.48M	93.23M
Accumulated Depreciation	-18.92M	-25.54M	-36.86M	-42.4M	-48.61M
Net Property Plant And Equipment	40.57M	32.46M	26.87M	49.08M	44.62M
Long-term Investments	-	-	-	29.37M	32.88M
Other Intangibles, Total	36K	887K	593K	275K	118K
Deferred Tax Assets Long-Term	15.26M	13.62M	18.4M	23.11M	34.96M
Other Long-Term Assets, Total	7.36M	8.3M	8.29M	9.73M	11.12M
Total Assets	391M	428M	443M	653M	720M
Liabilities
Accounts Payable, Total	47.78M	68.18M	68.7M	92.52M	107M
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	11.95M	10.61M	22.26M	49.4M	-
Current Portion of Leases	9.23M	9.25M	10.21M	14.42M	15.08M
Current Income Taxes Payable	4.66M	2.43M	1.95M	5.2M	1.59M
Unearned Revenue Current, Total	32.4M	24.33M	20.61M	18.37M	22.06M
Other Current Liabilities	47.47M	50.09M	53.22M	93.7M	99.92M
Total Current Liabilities	153M	165M	177M	274M	245M
Long-Term Leases	19.95M	10.98M	6.92M	25.42M	17.94M
Unearned Revenue Non Current	13.7M	14.67M	13.03M	11.4M	9.64M
Pension & Other Post Retirement Benefits	24.05M	27.48M	30.57M	92.92M	104M
Deferred Tax Liability Non Current	8.96M	7.5M	9.5M	8.5M	7.71M
Other Non Current Liabilities	20K	20K	20K	31K	188K
Total Liabilities	220M	226M	237M	412M	385M
Common Stock, Total	162M	162M	162M	162M	184M
Additional Paid In Capital	1.7M	1.7M	1.7M	2M	65.28M
Retained Earnings	18.47M	40.76M	49.11M	64.36M	73.46M
Comprehensive Income and Other	-13.87M	-5.22M	-10.23M	9.57M	9.9M
Total Common Equity	168M	199M	203M	238M	333M
Minority Interest	2.82M	2.87M	2.9M	2.97M	3.04M
Total Equity	171M	202M	206M	241M	336M
Total Liabilities And Equity	391M	428M	443M	653M	720M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	16.21M	16.21M	16.21M	16.21M	18.39M
ECS Total Common Shares Outstanding	16.21M	16.21M	16.21M	16.21M	18.39M
Book Value / Share	10.39	12.3	12.5	14.68	18.08
Tangible Book Value	168M	198M	202M	238M	332M
Tangible Book Value Per Share	10.39	12.24	12.47	14.67	18.08
Total Debt	41.13M	30.84M	39.39M	89.24M	33.02M
Net Debt	-137M	-177M	-121M	-179M	-310M
Debt Equivalent of Unfunded Proj. Benefit Obligation	24.05M	27.48M	30.57M	92.92M	104M
Debt Equivalent Oper. Leases	26.5M	21.37M	24.82M	12.78M	79.56M
Minority Interest, Total (Incl. Fin. Div)	2.82M	2.87M	2.9M	2.97M	3.04M
Equity Method Investments, Total	-	-	-	29.37M	32.88M
Account Code - Inventory Valuation	6	6	6	3	3
Inventories - Raw Materials, Total	549K	459K	63K	-	-
Inventories - Finished Goods, Total	5M	7.7M	16.22M	19.33M	17.37M
Inventories - Others	10.53M	11.32M	9.91M	11.9M	13.62M
Machinery, Total	13.69M	17.91M	19.8M	23.59M	29.35M
Full Time Employees	-	-	313	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	9.94M	6.05M	5.15M	6.8M	6.64M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	13.3M	22.28M	24.57M	33.08M	33.41M
Depreciation & Amortization - CF	10.4M	15.12M	16.98M	22.14M	21.09M
Depreciation & Amortization, Total	10.4M	15.12M	16.98M	22.14M	21.09M
Amortization of Deferred Charges, Total - (CF)	1K	229K	369K	380K	160K
(Gain) Loss From Sale Of Asset	-	-25K	-	212K	-49K
(Gain) Loss on Sale of Investments - (CF)	-	107K	181K	140K	-259K
(Income) Loss On Equity Investments - (CF)	-	-	-	-625K	-1.81M
Stock-Based Compensation (CF)	-	-	-	298K	-
Provision and Write-off of Bad Debts	2.37M	-4.34M	-603K	926K	-571K
Other Operating Activities, Total	5.59M	-2.27M	-3.99M	536K	-12.9M
Change in Trading Asset Securities	-	153K	194K	406K	389K
Change In Accounts Receivable	-16.76M	-17.18M	-44.6M	5.32M	-52.57M
Change In Inventories	-2.82M	-3.4M	-6.7M	-5M	1.2M
Change In Accounts Payable	22.23M	20.4M	518K	23.01M	12.98M
Change in Unearned Revenues	-33.11M	-8.48M	-5.36M	-3.87M	8.33M
Change in Other Net Operating Assets	7.35M	19.2M	-8.13M	63.14M	76.79M
Cash from Operations	8.56M	41.78M	-26.57M	140M	86.2M
Capital Expenditure	-9.58M	-6.21M	-3.63M	-5.98M	-8.75M
Sale of Property, Plant, and Equipment	-	179K	-	203K	113K
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-38K	-1.08M	-76K	-51K	-
Investment in Marketable and Equity Securities, Total	-	-	-414K	-28.69M	-
Other Investing Activities, Total	-457K	-1.15M	11K	-3.48M	-323K
Cash from Investing	-10.07M	-8.26M	-4.11M	-37.99M	-8.96M
Short Term Debt Issued, Total	5.77M	38.52M	103M	408M	222M
Total Debt Issued	5.77M	38.52M	103M	408M	222M
Short Term Debt Repaid, Total	-	-40.68M	-91.24M	-382M	-272M
Long-Term Debt Repaid, Total	-6.41M	-9.19M	-10.75M	-17.07M	-15.66M
Total Debt Repaid	-6.41M	-49.87M	-102M	-399M	-288M
Issuance of Common Stock	-	-	-	-	85.08M
Common Dividends Paid	-	-	-16.21M	-17.07M	-23.67M
Common & Preferred Stock Dividends Paid	-	-	-16.21M	-17.07M	-23.67M
Other Financing Activities, Total	605K	-	-	11K	157K
Cash from Financing	-33K	-11.36M	-15.43M	-7.33M	-4.02M
Foreign Exchange Rate Adjustments	-9.13M	6.74M	-4.28M	15.98M	2.1M
Net Change in Cash	-10.67M	28.92M	-50.4M	111M	75.32M
Supplemental Items
Cash Interest Paid	537K	1.02M	917K	2.08M	617K
Cash Income Tax Paid (Refund)	8.8M	12.2M	16.56M	18M	30.47M
Levered Free Cash Flow	-25.71M	22.43M	-31.31M	69.88M	76.59M
Unlevered Free Cash Flow	-25.37M	23.07M	-30.74M	71.16M	77.92M
Change In Net Working Capital	39.93M	2.67M	66.45M	-23.2M	-36.37M
Net Debt Issued / Repaid	-638K	-11.36M	777K	9.73M	-65.58M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.79	4.32	5.07	5.69	4.25
Return on Total Capital	7.01	7.94	9.24	10.84	8.31
Return On Equity %	7.9	11.96	12.06	14.88	11.62
Return on Common Equity	7.99	12.12	12.22	15.01	11.71
Margin Analysis
Gross Profit Margin %	21.83	18.53	18.23	18.84	20.71
SG&A Margin	17.64	15.32	14.39	14.58	16.92
EBITDA Margin %	4.32	4.51	4.61	4.71	4.25
EBITA Margin %	3.78	3.8	3.91	4.18	3.84
EBIT Margin %	3.78	3.8	3.91	4.18	3.84
Income From Continuing Operations Margin %	2.29	3	2.72	2.79	2.77
Net Income Margin %	2.28	2.99	2.72	2.77	2.76
Net Avail. For Common Margin %	2.28	2.99	2.72	2.77	2.76
Normalized Net Income Margin	2.96	2.7	2.56	2.71	2.53
Levered Free Cash Flow Margin	-4.41	3.01	-3.46	5.86	6.32
Unlevered Free Cash Flow Margin	-4.35	3.1	-3.4	5.96	6.43
Asset Turnover
Asset Turnover	1.61	1.82	2.08	2.18	1.77
Fixed Assets Turnover	21.83	20.39	30.48	31.42	25.86
Receivables Turnover (Average Receivables)	6.57	6.97	6.45	7.5	6.89
Inventory Turnover (Average Inventory)	31.08	34.12	32.38	33.72	30.88
Short Term Liquidity
Current Ratio	2.14	2.26	2.2	1.98	2.43
Quick Ratio	1.97	2.04	1.86	1.76	2.26
Operating Cash Flow to Current Liabilities	0.06	0.25	-0.15	0.51	0.35
Days Sales Outstanding (Average Receivables)	55.54	52.36	56.55	48.81	52.96
Days Outstanding Inventory (Average Inventory)	11.74	10.7	11.27	10.85	11.82
Average Days Payable Outstanding	29.19	34.7	33.48	30.31	37.87
Cash Conversion Cycle (Average Days)	38.1	28.36	34.34	29.35	26.92
Long Term Solvency
Total Debt/Equity	24.02	15.25	19.16	37.03	9.84
Total Debt / Total Capital	19.37	13.23	16.08	27.02	8.96
LT Debt/Equity	11.65	5.43	3.37	10.55	5.35
Long-Term Debt / Total Capital	9.39	4.71	2.82	7.7	4.87
Total Liabilities / Total Assets	56.25	52.73	53.55	63.09	53.42
EBIT / Interest Expense	40.34	27.49	38.51	24.38	21.93
EBITDA / Interest Expense	59.4	42.18	57.03	35.2	31.89
(EBITDA - Capex) / Interest Expense	41.86	36.15	53.07	32.28	27.76
Total Debt / EBITDA	1.27	0.71	0.75	1.24	0.49
Net Debt / EBITDA	-4.24	-4.07	-2.31	-2.48	-4.59
Total Debt / (EBITDA - Capex)	1.8	0.83	0.81	1.35	0.56
Net Debt / (EBITDA - Capex)	-6.02	-4.75	-2.48	-2.71	-5.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	27.62	27.69	21.45	31.95	1.55
Gross Profit, 1 Yr. Growth %	44.18	8.41	19.44	38.11	11.64
EBITDA, 1 Yr. Growth %	358.3	33.33	24.16	34.66	-8.23
EBITA, 1 Yr. Growth %	589.88	28.41	24.86	41.22	-6.82
EBIT, 1 Yr. Growth %	589.88	28.41	24.86	41.22	-6.82
Earnings From Cont. Operations, 1 Yr. Growth %	197.35	67.31	10.13	35.11	0.85
Net Income, 1 Yr. Growth %	198.94	67.59	10.24	34.66	0.99
Normalized Net Income, 1 Yr. Growth %	214.26	16.58	15.17	38.93	-5.19
Diluted EPS Before Extra, 1 Yr. Growth %	203.7	62.2	11.28	35.14	0.5
Accounts Receivable, 1 Yr. Growth %	17.92	22.46	38.29	-4.3	35.61
Inventory, 1 Yr. Growth %	21.24	21.15	34.53	19.21	-0.75
Net Property, Plant and Equip., 1 Yr. Growth %	216.01	-19.99	-17.23	82.7	-9.1
Total Assets, 1 Yr. Growth %	16.93	9.29	3.47	47.52	11.44
Tangible Book Value, 1 Yr. Growth %	2.38	17.87	1.83	17.65	39.82
Common Equity, 1 Yr. Growth %	2.4	18.37	1.68	17.44	39.7
Cash From Operations, 1 Yr. Growth %	-80.98	388.01	-163.6	-627.2	-38.47
Capital Expenditures, 1 Yr. Growth %	74.98	-35.15	-41.55	64.65	46.44
Levered Free Cash Flow, 1 Yr. Growth %	-156.56	-187.22	-225.45	-304.51	3.59
Unlevered Free Cash Flow, 1 Yr. Growth %	-155.57	-190.93	-220.06	-311.47	3.58
Dividend Per Share, 1 Yr. Growth %	-	-	10	36.36	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.9	27.65	24.53	26.59	15.76
Gross Profit, 2 Yr. CAGR %	44.46	25.02	13.79	27.64	24.17
EBITDA, 2 Yr. CAGR %	68.73	147.2	28.67	29.3	11.17
EBITA, 2 Yr. CAGR %	63.2	197.64	26.62	32.79	14.71
EBIT, 2 Yr. CAGR %	63.2	197.64	26.62	32.79	14.71
Earnings From Cont. Operations, 2 Yr. CAGR %	66.76	123.04	35.74	21.98	16.73
Net Income, 2 Yr. CAGR %	66.42	123.83	35.92	21.84	16.62
Normalized Net Income, 2 Yr. CAGR %	83.81	91.41	15.87	26.8	14.77
Diluted EPS Before Extra, 2 Yr. CAGR %	24.39	121.94	34.35	22.63	16.54
Accounts Receivable, 2 Yr. CAGR %	20.57	20.17	30.13	15.04	11.56
Inventory, 2 Yr. CAGR %	-4.6	21.2	27.67	26.64	8.77
Net Property, Plant and Equip., 2 Yr. CAGR %	121.38	59.01	-18.62	22.97	28.87
Total Assets, 2 Yr. CAGR %	18.77	13.04	6.34	23.54	27.59
Tangible Book Value, 2 Yr. CAGR %	-0.21	9.85	9.56	9.46	28.26
Common Equity, 2 Yr. CAGR %	-0.2	10.1	9.71	9.28	28.09
Cash From Operations, 2 Yr. CAGR %	-62.71	-3.65	76.17	83.11	80.11
Capital Expenditures, 2 Yr. CAGR %	173.72	6.52	-38.44	-1.9	55.28
Levered Free Cash Flow, 2 Yr. CAGR %	-25.14	-29.76	10.36	67.33	49.71
Unlevered Free Cash Flow, 2 Yr. CAGR %	-25.85	-28.92	10.08	66.72	52.16
Dividend Per Share, 2 Yr. CAGR %	-	-	-	22.47	16.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.36	10.57	25.55	26.96	17.63
Gross Profit, 3 Yr. CAGR %	21.23	31.28	23.13	20.88	22.07
EBITDA, 3 Yr. CAGR %	4.32	56	96.5	30.63	15.34
EBITA, 3 Yr. CAGR %	0.37	50.66	122.81	31.31	18
EBIT, 3 Yr. CAGR %	0.37	50.66	122.81	31.31	18
Earnings From Cont. Operations, 3 Yr. CAGR %	207.96	66.94	76.29	35.53	14.49
Net Income, 3 Yr. CAGR %	207.57	66.81	76.76	35.5	14.45
Normalized Net Income, 3 Yr. CAGR %	52.7	57.93	61.59	23.3	15.09
Diluted EPS Before Extra, 3 Yr. CAGR %	107.79	35.89	76.32	34.61	14.76
Accounts Receivable, 3 Yr. CAGR %	-1.21	21.2	25.93	17.46	19.84
Inventory, 3 Yr. CAGR %	-32.65	3.31	25.49	24.78	16.76
Net Property, Plant and Equip., 3 Yr. CAGR %	239.36	57.69	27.91	6.56	11.18
Total Assets, 3 Yr. CAGR %	9.92	15.52	9.76	18.6	18.98
Tangible Book Value, 3 Yr. CAGR %	-4.16	5.49	7.11	12.19	18.76
Common Equity, 3 Yr. CAGR %	-4.15	5.64	7.22	12.23	18.6
Cash From Operations, 3 Yr. CAGR %	-13.68	-12.12	-16.11	153.87	27.3
Capital Expenditures, 3 Yr. CAGR %	183.55	69.37	-12.79	-14.55	12.11
Levered Free Cash Flow, 3 Yr. CAGR %	-	-21.23	-11.69	39.56	45.32
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-20.63	-12.35	41.03	44.91
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	14.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	9.41	16.72	21.54
Gross Profit, 5 Yr. CAGR %	-	-	18.2	29.81	23.24
EBITDA, 5 Yr. CAGR %	-	-	13.45	44.71	56.46
EBITA, 5 Yr. CAGR %	-	-	10.15	43.24	70.84
EBIT, 5 Yr. CAGR %	-	-	10.15	43.24	70.84
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	121.91	47.25	49.49
Net Income, 5 Yr. CAGR %	-	-	121.86	47.11	49.67
Normalized Net Income, 5 Yr. CAGR %	-	-	36.74	44.65	41.06
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	74.53	30.42	49.41
Accounts Receivable, 5 Yr. CAGR %	-	-	10.3	18.69	19.97
Inventory, 5 Yr. CAGR %	-	-	-13.02	12.07	18.51
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	91.69	42.76	28.29
Total Assets, 5 Yr. CAGR %	-	-	8.48	18.67	16.57
Tangible Book Value, 5 Yr. CAGR %	-	-	1.11	7.06	15.12
Common Equity, 5 Yr. CAGR %	-	-	1.17	7.08	15.12
Cash From Operations, 5 Yr. CAGR %	-	-	14.83	17.87	13.88
Capital Expenditures, 5 Yr. CAGR %	-	-	53.92	36.13	9.84
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	8.78	11
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	9.05	11.28