NEW ASIA CONSTRUCTION & DEVELOPMENT CORP.

Income Statement New Asia Construction & Development Corp.

Stocks

2516

TW0002516002

Construction & Engineering

End-of-day quote Taiwan S.E. Other stock markets 2026-06-22			5-day change	1st Jan Change
13.45 ^TWD	+0.75%		-1.10%	-9.43%

05-12	New Asia Construction & Development Corp. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
05-06	New Asia Construction Logs About NT$57 Million in Q1 Profit	MT

c62d4ce3e16a0e25af3df4ca0d.-VdltOmt_BD3JftC3YL6ZJBWZ25yIqJKUpYfMg9ZyIg.rRgS3djuryGEQak0irHDSf49Ew0eZPUVM6ErfGESpLCdDVfTquysPYQWqg

Published financial data: NEW ASIA CONSTRUCTION & DEVELOPMENT CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	8.04B	6.86B	8.63B	9.63B	10.34B
Total Revenues	8.04B	6.86B	8.63B	9.63B	10.34B
Cost of Goods Sold, Total	7.84B	7.45B	8.32B	9.28B	9.93B
Gross Profit	199M	-595M	312M	348M	415M
Selling General & Admin Expenses, Total	112M	149M	142M	160M	167M
Depreciation & Amortization - (IS)	28.58M	18.92M	18.75M	22.88M	21.78M
Amortization of Goodwill and Intangible Assets - (IS)	90K	434K	548K	675K	785K
Other Operating Expenses, Total	141M	169M	161M	184M	190M
Operating Income	57.84M	-764M	150M	164M	225M
Interest Expense, Total	-27.75M	-23.23M	-22.84M	-24M	-18.44M
Interest And Investment Income	10.87M	12.83M	18.87M	22.87M	23.02M
Net Interest Expenses	-16.88M	-10.4M	-3.97M	-1.14M	4.59M
Income (Loss) On Equity Invest.	25.15M	3.11M	29.02M	578K	3.87M
Currency Exchange Gains (Loss)	7.34M	-27.16M	-644K	-48K	1K
Other Non Operating Income (Expenses)	29.71M	23.44M	5.14M	57.65M	45.38M
EBT, Excl. Unusual Items	103M	-775M	180M	221M	279M
Gain (Loss) On Sale Of Investments	1.27M	132K	111K	328K	901K
Gain (Loss) On Sale Of Assets	1.16M	3.47M	27.58M	555K	452K
Asset Writedown	-	-	3.47M	-307K	-967K
Other Unusual Items	1.14M	495K	-	-	-
EBT, Incl. Unusual Items	107M	-771M	211M	222M	279M
Income Tax Expense	1.34M	1.99M	36.64M	3.07M	1.62M
Earnings From Continuing Operations	105M	-773M	174M	219M	277M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	105M	-773M	174M	219M	277M
Minority Interest	-	-	-	-	-
Net Income - (IS)	105M	-773M	174M	219M	277M
Preferred Dividend and Other Adjustments	-1K	-	-	-	-
Net Income to Common Incl Extra Items	105M	-773M	174M	219M	277M
Net Income to Common Excl. Extra Items	105M	-773M	174M	219M	277M
Per Share Items
Net EPS - Basic	0.47	-3.42	0.77	0.97	1.23
Basic EPS - Continuing Operations	0.47	-3.42	0.77	0.97	1.23
Basic Weighted Average Shares Outstanding	226M	226M	226M	226M	226M
Net EPS - Diluted	0.47	-3.42	0.77	0.97	1.23
Diluted EPS - Continuing Operations	0.47	-3.42	0.77	0.97	1.23
Diluted Weighted Average Shares Outstanding	226M	226M	226M	226M	226M
Normalized Basic EPS	0.28	-2.14	0.5	0.61	0.77
Normalized Diluted EPS	0.28	-2.14	0.5	0.61	0.77
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	73.71M	-752M	164M	179M	242M
EBITA	57.93M	-764M	151M	165M	226M
EBIT	57.84M	-764M	150M	164M	225M
EBITDAR	76.77M	-746M	169M	184M	248M
Effective Tax Rate - (Ratio)	1.26	-0.26	17.36	1.38	0.58
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	1.34M	1.99M	36.64M	3.07M	1.62M
Normalized Net Income	64.48M	-485M	112M	138M	174M
Interest Capitalized	-	-	-	2.48M	3.61M
Interest on Long-Term Debt	722K	918K	1.17M	1.14M	1.35M
Non-Cash Pension Expense	22K	22K	-67K	-38K	-84K
Supplemental Operating Expense Items
General and Administrative Expenses	5.42M	-	-	-	-
Net Rental Expense, Total	3.06M	5.75M	4.44M	5.07M	6.7M
Imputed Operating Lease Interest Expense	619K	887K	813K	1.1M	1.43M
Imputed Operating Lease Depreciation	2.45M	4.86M	3.63M	3.97M	5.27M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.74B	1.23B	1.58B	1.57B	2.28B
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	10.24M	1.96M	9.92M	11.95M	17.6M
Total Cash And Short Term Investments	1.75B	1.23B	1.59B	1.58B	2.3B
Accounts Receivable, Total	1.83B	2.38B	2.42B	2.78B	2.76B
Other Receivables	1.39M	1.64M	3.26M	3.04M	17.42M
Total Receivables	1.83B	2.38B	2.42B	2.78B	2.78B
Inventory	-	-	-	397M	413M
Prepaid Expenses	170M	170M	151M	122M	109M
Other Current Assets, Total	683M	812M	918M	784M	753M
Total Current Assets	4.43B	4.59B	5.08B	5.66B	6.35B
Gross Property Plant And Equipment	1.15B	1.17B	1.06B	1.1B	1.07B
Accumulated Depreciation	-463M	-456M	-382M	-392M	-381M
Net Property Plant And Equipment	687M	710M	681M	708M	685M
Long-term Investments	321M	41.9M	68.11M	15.67M	19.27M
Other Intangibles, Total	113K	804K	1.16M	481K	2.73M
Deferred Tax Assets Long-Term	53.91M	53.1M	6.41M	3.83M	6.57M
Other Long-Term Assets, Total	521M	888M	889M	898M	908M
Total Assets	6.02B	6.28B	6.73B	7.29B	7.97B
Liabilities
Accounts Payable, Total	2.31B	2.7B	3.1B	3.62B	4.57B
Accrued Expenses, Total	18.23M	18.98M	18.83M	18.96M	19.18M
Short-term Borrowings	1.27B	1.03B	857M	995M	556M
Current Portion of Leases	19.43M	39.06M	27.43M	27.42M	26.46M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	170M	232M	492M	309M	99.69M
Other Current Liabilities	365M	778M	589M	424M	525M
Total Current Liabilities	4.15B	4.8B	5.08B	5.39B	5.79B
Long-Term Leases	18.98M	27.09M	12.43M	31.22M	20.88M
Pension & Other Post Retirement Benefits	5.25M	-	-	-	-
Deferred Tax Liability Non Current	16.69M	92.8M	82.57M	83.59M	89.07M
Other Non Current Liabilities	8.88M	3.49M	20.07M	10.76M	20.21M
Total Liabilities	4.2B	4.92B	5.2B	5.52B	5.92B
Common Stock, Total	2.26B	2.26B	2.26B	2.26B	2.26B
Additional Paid In Capital	13.16M	13.16M	13.16M	13.16M	13.16M
Retained Earnings	-376M	-977M	-803M	-582M	-314M
Comprehensive Income and Other	-85.48M	63.39M	60.78M	79.59M	89.75M
Total Common Equity	1.81B	1.36B	1.53B	1.77B	2.05B
Minority Interest	-	-	-	-	-
Total Equity	1.81B	1.36B	1.53B	1.77B	2.05B
Total Liabilities And Equity	6.02B	6.28B	6.73B	7.29B	7.97B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	226M	226M	226M	226M	226M
ECS Total Common Shares Outstanding	226M	226M	226M	226M	226M
Book Value / Share	8.02	6.02	6.78	7.84	9.07
Tangible Book Value	1.81B	1.36B	1.53B	1.77B	2.05B
Tangible Book Value Per Share	8.02	6.02	6.77	7.83	9.05
Total Debt	1.31B	1.1B	897M	1.05B	603M
Net Debt	-446M	-128M	-693M	-527M	-1.69B
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.25M	-4.34M	-3.3M	-5.36M	-10.67M
Debt Equivalent Oper. Leases	24.51M	45.98M	35.53M	40.58M	53.58M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	320M	40.17M	66.39M	13.95M	19.27M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	-	-	-	397M	413M
Land - (BS)	415M	404M	404M	404M	404M
Buildings, Total	308M	309M	307M	310M	310M
Machinery, Total	140M	141M	125M	120M	117M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	105M	-773M	174M	219M	277M
Depreciation & Amortization - CF	49.6M	50.04M	58.81M	58.86M	54.8M
Amortization of Goodwill and Intangible Assets - (CF)	90K	434K	548K	675K	897K
Depreciation & Amortization, Total	49.69M	50.47M	59.36M	59.54M	55.7M
(Gain) Loss From Sale Of Asset	-1.16M	-3.47M	-27.58M	-555K	-452K
(Gain) Loss on Sale of Investments - (CF)	-1.27M	-132K	-111K	-328K	-901K
Asset Writedown & Restructuring Costs	-	-14.27M	-3.47M	307K	967K
(Income) Loss On Equity Investments - (CF)	-25.15M	-3.11M	-29.02M	-578K	-3.87M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	22.76M	24.57M	38.72M	45.36M	4.3M
Change in Trading Asset Securities	-	-	-	-	-
Change In Accounts Receivable	-717M	-491M	218M	-537M	-198M
Change In Inventories	-	-	-	-397M	-15.83M
Change In Accounts Payable	-183M	385M	400M	518M	952M
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	107M	384M	-150M	-125M	108M
Cash from Operations	-643M	-441M	680M	-219M	1.18B
Capital Expenditure	-4.62M	-11.27M	-9.68M	-18.86M	-10.48M
Sale of Property, Plant, and Equipment	1.16M	3.48M	27.58M	562K	452K
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-1.12M	-900K	-	-3.15M
Investment in Marketable and Equity Securities, Total	568M	144M	-141M	134M	13.15M
Other Investing Activities, Total	-12.35M	16.21M	20.22M	-15.64M	8.99M
Cash from Investing	553M	151M	-104M	99.86M	8.96M
Short Term Debt Issued, Total	1.31B	811M	819M	1.01B	675M
Total Debt Issued	1.31B	811M	819M	1.01B	675M
Short Term Debt Repaid, Total	-896M	-1.04B	-997M	-874M	-1.11B
Long-Term Debt Repaid, Total	-33.51M	-45.56M	-45.1M	-44.86M	-33.03M
Total Debt Repaid	-929M	-1.09B	-1.04B	-919M	-1.15B
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	1.76M	-1.77M	1.18M	-2.41M	2.98M
Cash from Financing	383M	-281M	-222M	90.94M	-469M
Foreign Exchange Rate Adjustments	-16.52M	54.52M	-1.23M	16.45M	-9.19M
Net Change in Cash	276M	-516M	353M	-11.35M	709M
Supplemental Items
Cash Interest Paid	27.62M	23.2M	22.8M	23.88M	18.78M
Cash Income Tax Paid (Refund)	-76K	60K	734K	821K	430K
Levered Free Cash Flow	-261M	-275M	468M	-289M	1.04B
Unlevered Free Cash Flow	-244M	-261M	482M	-274M	1.05B
Change In Net Working Capital	325M	-179M	-340M	418M	-868M
Net Debt Issued / Repaid	381M	-279M	-223M	93.34M	-472M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.61	-7.62	1.44	1.46	1.84
Return on Total Capital	1.26	-16.61	3.84	3.9	5.12
Return On Equity %	5.96	-46.24	12.05	13.23	14.5
Return on Common Equity	5.96	-46.24	12.05	13.23	14.5
Margin Analysis
Gross Profit Margin %	2.47	-8.69	3.61	3.62	4.01
SG&A Margin	1.4	2.18	1.64	1.67	1.62
EBITDA Margin %	0.92	-10.96	1.9	1.86	2.34
EBITA Margin %	0.72	-11.14	1.75	1.71	2.18
EBIT Margin %	0.72	-11.15	1.74	1.7	2.17
Income From Continuing Operations Margin %	1.31	-11.28	2.02	2.27	2.68
Net Income Margin %	1.31	-11.28	2.02	2.27	2.68
Net Avail. For Common Margin %	1.31	-11.28	2.02	2.27	2.68
Normalized Net Income Margin	0.8	-7.07	1.3	1.44	1.68
Levered Free Cash Flow Margin	-3.25	-4.02	5.42	-3.01	10.05
Unlevered Free Cash Flow Margin	-3.03	-3.81	5.59	-2.85	10.16
Asset Turnover
Asset Turnover	1.35	1.09	1.33	1.37	1.36
Fixed Assets Turnover	11.66	9.81	12.4	13.86	14.85
Receivables Turnover (Average Receivables)	5.06	3.26	3.6	3.7	3.73
Inventory Turnover (Average Inventory)	-	-	-	-	24.54
Short Term Liquidity
Current Ratio	1.07	0.96	1	1.05	1.1
Quick Ratio	0.86	0.75	0.79	0.81	0.88
Operating Cash Flow to Current Liabilities	-0.15	-0.09	0.13	-0.04	0.2
Days Sales Outstanding (Average Receivables)	72.14	111.92	101.51	98.82	97.77
Days Outstanding Inventory (Average Inventory)	-	-	-	-	14.88
Average Days Payable Outstanding	111.83	122.67	127.11	-	150.16
Cash Conversion Cycle (Average Days)	-	-	-	-	-37.51
Long Term Solvency
Total Debt/Equity	71.99	80.8	58.47	59.42	29.4
Total Debt / Total Capital	41.86	44.69	36.9	37.27	22.72
LT Debt/Equity	1.05	1.99	0.81	1.76	1.02
Long-Term Debt / Total Capital	0.61	1.1	0.51	1.1	0.79
Total Liabilities / Total Assets	69.84	78.32	77.21	75.67	74.27
EBIT / Interest Expense	2.08	-32.9	6.58	6.84	12.19
EBITDA / Interest Expense	3.88	-30.73	9.18	9.32	15.21
(EBITDA - Capex) / Interest Expense	3.71	-31.22	8.76	8.53	14.64
Total Debt / EBITDA	12.15	-1.54	4.28	4.71	2.15
Net Debt / EBITDA	-4.15	0.18	-3.31	-2.36	-6.04
Total Debt / (EBITDA - Capex)	12.7	-1.52	4.48	5.14	2.23
Net Debt / (EBITDA - Capex)	-4.34	0.18	-3.47	-2.57	-6.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	27.59	-14.76	25.88	11.54	7.45
Gross Profit, 1 Yr. Growth %	-129.56	-399.21	-152.32	11.73	19.14
EBITDA, 1 Yr. Growth %	-109.07	-1.17K	-121.86	9.19	34.72
EBITA, 1 Yr. Growth %	-106.97	-1.42K	-119.76	9.21	36.88
EBIT, 1 Yr. Growth %	-106.96	-1.42K	-119.67	9.15	36.9
Earnings From Cont. Operations, 1 Yr. Growth %	-114.96	-759.56	-122.56	25.37	26.81
Net Income, 1 Yr. Growth %	-114.98	-759.56	-122.56	25.37	26.81
Normalized Net Income, 1 Yr. Growth %	-115.23	-778.66	-122.79	22.93	25.94
Diluted EPS Before Extra, 1 Yr. Growth %	-114.98	-760.18	-122.51	25.5	26.81
Accounts Receivable, 1 Yr. Growth %	34.88	30.28	1.81	14.64	-0.4
Inventory, 1 Yr. Growth %	-	-	-	-	3.99
Net Property, Plant and Equip., 1 Yr. Growth %	-0.85	3.44	-4.07	3.83	-3.16
Total Assets, 1 Yr. Growth %	1.46	0.59	7.07	8.31	9.4
Tangible Book Value, 1 Yr. Growth %	5.32	-31.29	12.54	15.68	15.57
Common Equity, 1 Yr. Growth %	5.32	-31.26	12.56	15.62	15.69
Cash From Operations, 1 Yr. Growth %	129.55	-31.38	-254.07	-132.15	-639.14
Capital Expenditures, 1 Yr. Growth %	15.8	143.72	-14.16	94.89	-44.42
Levered Free Cash Flow, 1 Yr. Growth %	-144.75	4.15	-269.97	-161.82	-459.04
Unlevered Free Cash Flow, 1 Yr. Growth %	-140.96	5.58	-284.9	-156.88	-482.87
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.83	4.29	3.58	18.49	9.48
Gross Profit, 2 Yr. CAGR %	27.96	-5.96	25.11	-23.55	15.38
EBITDA, 2 Yr. CAGR %	76.61	-3.84	52.65	-51.15	21.28
EBITA, 2 Yr. CAGR %	18.65	-4.1	61.4	-53.55	22.26
EBIT, 2 Yr. CAGR %	18.56	-4.08	61.23	-53.66	22.24
Earnings From Cont. Operations, 2 Yr. CAGR %	78.96	4.76	21.98	-46.82	26.08
Net Income, 2 Yr. CAGR %	77.26	4.84	21.98	-46.82	26.08
Normalized Net Income, 2 Yr. CAGR %	76.36	6.97	25.49	-47.07	24.43
Diluted EPS Before Extra, 2 Yr. CAGR %	77.26	4.87	21.92	-46.84	26.15
Accounts Receivable, 2 Yr. CAGR %	-9.57	32.56	15.17	8.03	6.85
Net Property, Plant and Equip., 2 Yr. CAGR %	9.04	1.27	-0.38	-0.2	0.27
Total Assets, 2 Yr. CAGR %	-11.44	2.95	3.78	7.69	8.85
Tangible Book Value, 2 Yr. CAGR %	-14.05	-11.1	-12.06	14.1	15.62
Common Equity, 2 Yr. CAGR %	-14.05	-11.08	-12.03	14.08	15.66
Cash From Operations, 2 Yr. CAGR %	52.08	25.51	2.82	-29.62	31.66
Capital Expenditures, 2 Yr. CAGR %	-53.18	68	44.64	29.34	4.08
Levered Free Cash Flow, 2 Yr. CAGR %	0.49	-31.32	33.05	2.51	48.98
Unlevered Free Cash Flow, 2 Yr. CAGR %	3.34	-33.81	39.72	2.55	47.57
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.49	-2.16	11.04	6.17	14.69
Gross Profit, 3 Yr. CAGR %	24.85	69.84	-22.66	20.48	-11.36
EBITDA, 3 Yr. CAGR %	36.34	216.84	-41.31	36.52	-31.49
EBITA, 3 Yr. CAGR %	1.44	164.78	-43.36	41.69	-33.41
EBIT, 3 Yr. CAGR %	1.39	164.83	-43.43	41.57	-33.51
Earnings From Cont. Operations, 3 Yr. CAGR %	16.41	186.42	-37.21	23.1	-28.95
Net Income, 3 Yr. CAGR %	16.41	184.6	-37.17	23.1	-28.95
Normalized Net Income, 3 Yr. CAGR %	9.15	185.91	-35.72	24.63	-29.34
Diluted EPS Before Extra, 3 Yr. CAGR %	16.41	184.69	-37.21	23.1	-28.97
Accounts Receivable, 3 Yr. CAGR %	-12.8	2.14	21.4	14.99	5.15
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	10.09	7.14	-0.54	1	-1.2
Total Assets, 3 Yr. CAGR %	-13.02	-6.42	4.31	5.27	8.26
Tangible Book Value, 3 Yr. CAGR %	-9	-17.86	-3.83	-3.65	14.59
Common Equity, 3 Yr. CAGR %	-8.99	-17.84	-3.81	-3.64	14.62
Cash From Operations, 3 Yr. CAGR %	-9.69	16.64	34.38	-30.21	38.74
Capital Expenditures, 3 Yr. CAGR %	-63.01	-18.85	34.31	59.76	-2.4
Levered Free Cash Flow, 3 Yr. CAGR %	-12.31	2.11	-7.1	3.05	55.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	-11.66	4.53	-6.78	3.55	59.09
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.88	-4.37	2.92	5.63	10.41
Gross Profit, 5 Yr. CAGR %	129.61	4.5	24.96	23.42	-9.24
EBITDA, 5 Yr. CAGR %	-10.44	4.56	41.38	49.99	-21.54
EBITA, 5 Yr. CAGR %	-21.05	3.64	22.15	31.98	-22.95
EBIT, 5 Yr. CAGR %	-21.26	3.65	22.06	31.88	-23.01
Earnings From Cont. Operations, 5 Yr. CAGR %	-8.63	7.4	21.16	46.05	-17.01
Net Income, 5 Yr. CAGR %	38.35	7.4	21.16	45.49	-16.99
Normalized Net Income, 5 Yr. CAGR %	-8.04	7.17	17.79	46.15	-16.29
Diluted EPS Before Extra, 5 Yr. CAGR %	-8.43	7.42	21.13	45.49	-16.99
Accounts Receivable, 5 Yr. CAGR %	-10.43	3.42	-2.54	4.46	15.36
Inventory, 5 Yr. CAGR %	-	-	-	306.6	-
Net Property, Plant and Equip., 5 Yr. CAGR %	1.12	9.66	5.77	4.14	-0.22
Total Assets, 5 Yr. CAGR %	-10.61	-7.11	-5.94	-1.02	6.1
Tangible Book Value, 5 Yr. CAGR %	-8.92	-9.64	-8.64	-6.32	3.52
Common Equity, 5 Yr. CAGR %	-8.92	-9.63	-8.63	-6.31	3.55
Cash From Operations, 5 Yr. CAGR %	10.22	-4.52	-4.88	-4.7	33.29
Capital Expenditures, 5 Yr. CAGR %	-4.09	10.28	-36.18	-2.22	21.28
Levered Free Cash Flow, 5 Yr. CAGR %	-13.39	-16.99	3.86	2.27	12.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	-15.73	-18.68	6.4	3.74	12.03
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-