Income Statement Powertip Image Corp

Stocks

6498

TW0006498009

Office Equipment

End-of-day quote Taipei Exchange 2026-09-24			5-day change	1st Jan Change
66.80 ^TWD	+0.30%		-0.15%	-25.94%

08-13	Powertip Image Corp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-13	Powertip Image Corp Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: POWERTIP IMAGE CORP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Revenues	841M	678M	882M	1.03B	1.24B
Total Revenues	841M	678M	882M	1.03B	1.24B
Cost of Goods Sold, Total	529M	403M	443M	554M	645M
Gross Profit	311M	275M	439M	478M	591M
Selling General & Admin Expenses, Total	71.07M	81.66M	94.88M	125M	138M
R&D Expenses	47.89M	39.64M	40.2M	40.94M	67.82M
Other Operating Expenses, Total	119M	121M	135M	166M	206M
Operating Income	192M	154M	304M	312M	385M
Interest Expense, Total	-538K	-690K	-688K	-410K	-194K
Interest And Investment Income	1.05M	4.18M	17.33M	9.77M	29.13M
Net Interest Expenses	513K	3.48M	16.65M	9.36M	28.93M
Currency Exchange Gains (Loss)	-7.42M	38.39M	7.45M	-	-
Other Non Operating Income (Expenses)	-1.14M	4.44M	2.44M	-1.33M	-2.81M
EBT, Excl. Unusual Items	184M	200M	331M	320M	411M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	184M	200M	331M	320M	411M
Income Tax Expense	41.6M	52.61M	78.87M	91.34M	119M
Earnings From Continuing Operations	143M	147M	252M	229M	292M
Net Income to Company	143M	147M	252M	229M	292M
Net Income - (IS)	143M	147M	252M	229M	292M
Net Income to Common Incl Extra Items	143M	147M	252M	229M	292M
Net Income to Common Excl. Extra Items	143M	147M	252M	229M	292M
Per Share Items
Net EPS - Basic	3.54	3.64	6.17	5.57	6.51
Basic EPS - Continuing Operations	3.54	3.64	6.17	5.57	6.51
Basic Weighted Average Shares Outstanding	40.28M	40.5M	40.81M	41.04M	44.86M
Net EPS - Diluted	3.36	3.49	6	5.45	6.37
Diluted EPS - Continuing Operations	3.36	3.49	6	5.45	6.37
Diluted Weighted Average Shares Outstanding	42.43M	42.2M	41.98M	41.97M	45.81M
Normalized Basic EPS	2.86	3.09	5.07	4.87	5.73
Normalized Diluted EPS	2.72	2.96	4.92	4.77	5.61
Dividend Per Share	0.75	2.48	2.5	2.64	4.5
Payout Ratio	21.4	22.8	40.35	44.78	42.28
Supplemental Items
EBITDA	248M	220M	367M	377M	457M
EBITA	193M	154M	304M	312M	385M
EBIT	192M	154M	304M	312M	385M
EBITDAR	248M	220M	368M	378M	457M
Effective Tax Rate - (Ratio)	22.56	26.3	23.84	28.54	28.99
Total Current Taxes	33.04M	21.38M	53.75M	61.55M	78.32M
Total Deferred Taxes	8.56M	31.22M	25.12M	29.79M	40.86M
Normalized Net Income	115M	125M	207M	200M	257M
Interest on Long-Term Debt	191K	181K	164K	225K	188K
Supplemental Operating Expense Items
Selling and Marketing Expenses	23.49M	27.4M	33.4M	30.52M	46.15M
General and Administrative Expenses	47.59M	54.27M	61.48M	94.29M	92.21M
Research And Development Expense From Footnotes	47.89M	39.64M	40.2M	40.94M	67.82M
Net Rental Expense, Total	152K	479K	810K	776K	248K
Imputed Operating Lease Interest Expense	29.26K	78.19K	146K	153K	41.46K
Imputed Operating Lease Depreciation	123K	401K	664K	623K	207K
Stock-Based Comp., Other (Total)	2.27M	1.71M	1.26M	801K	5.64M
Total Stock-Based Compensation	2.27M	1.71M	1.26M	801K	5.64M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Assets
Cash And Equivalents	294M	511M	639M	818M	1.4B
Short Term Investments	4M	2.01M	885K	20.16M	20.02M
Total Cash And Short Term Investments	298M	513M	640M	839M	1.42B
Accounts Receivable, Total	215M	129M	259M	412M	501M
Other Receivables	-	-	-	-	-
Total Receivables	215M	129M	259M	412M	501M
Inventory	63.11M	52.9M	68.74M	34.96M	63.64M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	4.89M	7.77M	3.46M	5.59M	12.72M
Total Current Assets	581M	703M	972M	1.29B	2B
Gross Property Plant And Equipment	600M	669M	664M	777M	968M
Accumulated Depreciation	-285M	-334M	-379M	-459M	-602M
Net Property Plant And Equipment	314M	335M	285M	319M	366M
Other Intangibles, Total	39K	288K	285K	360K	470K
Deferred Tax Assets Long-Term	23.04M	18.75M	15.13M	28.46M	50.95M
Other Long-Term Assets, Total	2.1M	2.16M	32.47M	4.81M	7.53M
Total Assets	920M	1.06B	1.3B	1.64B	2.42B
Liabilities
Accounts Payable, Total	104M	74.77M	146M	162M	228M
Accrued Expenses, Total	98.53M	154M	158M	148M	195M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	10M	17.5M	11.94M	2.5M	-
Current Portion of Leases	2.97M	2.93M	3.74M	4.48M	4.43M
Current Income Taxes Payable	33.73M	28.95M	54.11M	46.33M	29.37M
Other Current Liabilities	66.34M	24.84M	14.48M	175M	192M
Total Current Liabilities	315M	303M	389M	538M	649M
Long-Term Debt	11.94M	14.44M	2.5M	-	-
Long-Term Leases	5.04M	2.8M	5.02M	3M	4.16M
Deferred Tax Liability Non Current	42.08M	69.6M	88.35M	138M	202M
Other Non Current Liabilities	-	2.45M	7.67M	6.82M	5.73M
Total Liabilities	375M	392M	492M	685M	861M
Common Stock, Total	336M	407M	410M	411M	472M
Additional Paid In Capital	4.08M	6.23M	7.48M	8.28M	371M
Retained Earnings	222M	269M	419M	546M	714M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-17.22M	-15.22M	-24.13M	-6.44M	4.55M
Total Common Equity	546M	667M	812M	959M	1.56B
Total Equity	546M	667M	812M	959M	1.56B
Total Liabilities And Equity	920M	1.06B	1.3B	1.64B	2.42B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	40.28M	40.66M	40.96M	41.14M	47.16M
ECS Total Common Shares Outstanding	40.28M	40.66M	40.96M	41.14M	47.16M
Book Value / Share	13.54	16.4	19.83	23.31	33.1
Tangible Book Value	545M	666M	812M	958M	1.56B
Tangible Book Value Per Share	13.54	16.39	19.82	23.3	33.09
Total Debt	29.96M	37.67M	23.2M	9.98M	8.59M
Net Debt	-268M	-475M	-617M	-829M	-1.41B
Debt Equivalent Oper. Leases	1.22M	3.83M	6.48M	6.21M	1.98M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	27.25M	26.95M	27.68M	3.67M	3.03M
Inventories - Work In Process, Total	23.12M	21.1M	26.74M	20.64M	33.69M
Inventories - Finished Goods, Total	12.74M	4.86M	14.31M	10.65M	26.91M
Buildings, Total	95.22M	96.61M	94.85M	110M	111M
Machinery, Total	391M	485M	464M	550M	717M
Accumulated Allowance for Doubtful Accounts (Supple)	1.9M	581K	796K	438K	2.22M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Net Income	143M	147M	252M	229M	292M
Depreciation & Amortization - CF	58.39M	69.07M	66.52M	69.87M	76.93M
Amortization of Goodwill and Intangible Assets - (CF)	89K	52K	40K	47K	57K
Depreciation & Amortization, Total	58.48M	69.13M	66.56M	69.92M	76.98M
(Gain) Loss From Sale Of Asset	2.69M	287K	1.99M	-	3K
Stock-Based Compensation (CF)	2.27M	1.71M	1.26M	801K	5.64M
Provision and Write-off of Bad Debts	706K	-1.35M	718K	-383K	1.72M
Other Operating Activities, Total	29.63M	25.66M	51.08M	19.23M	22.57M
Change In Accounts Receivable	87.55M	87.22M	-139M	-67.9M	-90.48M
Change In Inventories	-22.82M	10.21M	-15.84M	33.78M	-28.67M
Change In Accounts Payable	-37.01M	-29.13M	71.34M	-1.08M	66.29M
Change in Other Net Operating Assets	5.77M	8.84M	18.04M	62.57M	57.9M
Cash from Operations	270M	320M	308M	346M	404M
Capital Expenditure	-102M	-80.38M	-53.44M	-64.43M	-119M
Sale of Property, Plant, and Equipment	-	-	-	-	1.11M
Investment in Marketable and Equity Securities, Total	-	-	-10K	-13K	2.02M
Other Investing Activities, Total	-1.63M	-367K	-1.3M	641K	-1.81M
Cash from Investing	-104M	-80.74M	-54.74M	-63.8M	-118M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	30M	20M	-	-	-
Total Debt Issued	30M	20M	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-21.24M	-13.07M	-21.27M	-16.77M	-7.84M
Total Debt Repaid	-21.24M	-13.07M	-21.27M	-16.77M	-7.84M
Issuance of Common Stock	-	3.6M	3M	1.81M	419M
Common Dividends Paid	-30.56M	-33.62M	-102M	-102M	-123M
Common & Preferred Stock Dividends Paid	-30.56M	-33.62M	-102M	-102M	-123M
Cash from Financing	-21.81M	-23.1M	-120M	-117M	287M
Foreign Exchange Rate Adjustments	7.35M	1.1M	-5.4M	14.73M	7.19M
Net Change in Cash	152M	217M	128M	179M	581M
Supplemental Items
Cash Interest Paid	525K	693K	697K	424K	198K
Cash Income Tax Paid (Refund)	11.49M	26.09M	29.1M	69.33M	95.29M
Levered Free Cash Flow	145M	162M	151M	221M	193M
Unlevered Free Cash Flow	145M	163M	151M	221M	193M
Change In Net Working Capital	-66.46M	-76.1M	53.55M	-19.79M	10.95M
Net Debt Issued / Repaid	8.76M	6.93M	-21.27M	-16.77M	-7.84M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Profitability
Return on Assets	14.3	9.71	16.09	12.79	11.84
Return on Total Capital	23.51	15.02	24.7	21.61	18.96
Return On Equity %	29.19	24.33	34.07	25.82	23.17
Return on Common Equity	29.19	24.33	34.07	25.82	23.17
Margin Analysis
Gross Profit Margin %	37.04	40.57	49.81	46.3	47.84
SG&A Margin	8.45	12.04	10.76	12.1	11.2
EBITDA Margin %	29.54	32.42	41.62	36.54	36.96
EBITA Margin %	22.9	22.69	34.5	30.24	31.16
EBIT Margin %	22.89	22.68	34.5	30.24	31.15
Income From Continuing Operations Margin %	16.99	21.75	28.56	22.16	23.62
Net Income Margin %	16.99	21.75	28.56	22.16	23.62
Net Avail. For Common Margin %	16.99	21.75	28.56	22.16	23.62
Normalized Net Income Margin	13.71	18.44	23.44	19.38	20.79
Levered Free Cash Flow Margin	17.23	23.93	17.07	21.4	15.63
Unlevered Free Cash Flow Margin	17.27	23.99	17.12	21.42	15.64
Asset Turnover
Asset Turnover	1	0.69	0.75	0.68	0.61
Fixed Assets Turnover	2.9	2.09	2.85	3.42	3.61
Receivables Turnover (Average Receivables)	3.25	3.94	4.54	2.73	2.71
Inventory Turnover (Average Inventory)	10.25	6.95	7.28	10.69	13.08
Short Term Liquidity
Current Ratio	1.84	2.32	2.5	2.4	3.08
Quick Ratio	1.63	2.12	2.32	2.33	2.96
Operating Cash Flow to Current Liabilities	0.86	1.06	0.79	0.64	0.62
Days Sales Outstanding (Average Receivables)	112.44	92.54	80.36	134.18	134.91
Days Outstanding Inventory (Average Inventory)	35.62	52.55	50.15	34.25	27.91
Average Days Payable Outstanding	80.91	83.03	87.92	114.02	105.55
Cash Conversion Cycle (Average Days)	67.15	62.06	42.59	54.41	57.27
Long Term Solvency
Total Debt/Equity	5.49	5.65	2.86	1.04	0.55
Total Debt / Total Capital	5.21	5.35	2.78	1.03	0.55
LT Debt/Equity	3.11	2.59	0.93	0.31	0.27
Long-Term Debt / Total Capital	2.95	2.45	0.9	0.31	0.27
Total Liabilities / Total Assets	40.71	37.03	37.73	41.67	35.54
EBIT / Interest Expense	357.72	222.84	442.21	760.94	1.98K
EBITDA / Interest Expense	466.42	323.02	538.95	931.47	2.38K
(EBITDA - Capex) / Interest Expense	276.19	206.53	461.28	774.31	1.77K
Total Debt / EBITDA	0.12	0.17	0.06	0.03	0.02
Net Debt / EBITDA	-1.07	-2.13	-1.66	-2.17	-3.05
Total Debt / (EBITDA - Capex)	0.2	0.26	0.07	0.03	0.03
Net Debt / (EBITDA - Capex)	-1.8	-3.34	-1.94	-2.61	-4.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.45	-19.35	30.08	16.99	19.77
Gross Profit, 1 Yr. Growth %	25.84	-11.67	63.8	8.74	23.75
EBITDA, 1 Yr. Growth %	30.02	-11.49	67	2.72	21.12
EBITA, 1 Yr. Growth %	33.92	-20.12	97.83	2.55	23.41
EBIT, 1 Yr. Growth %	34.31	-20.11	97.87	2.54	23.41
Earnings From Cont. Operations, 1 Yr. Growth %	26.85	3.27	70.83	-9.23	27.67
Net Income, 1 Yr. Growth %	26.85	3.27	70.83	-9.23	27.67
Normalized Net Income, 1 Yr. Growth %	42.67	8.5	65.33	-3.26	28.47
Diluted EPS Before Extra, 1 Yr. Growth %	24	2.95	71.92	-9.17	16.88
Accounts Receivable, 1 Yr. Growth %	-29.11	-39.98	101.17	19.84	21.51
Inventory, 1 Yr. Growth %	57.03	-16.18	29.94	-49.14	82
Net Property, Plant and Equip., 1 Yr. Growth %	18.45	6.55	-14.97	11.89	14.88
Total Assets, 1 Yr. Growth %	20.7	15.07	23.2	16.94	47.32
Tangible Book Value, 1 Yr. Growth %	26.06	22.16	21.85	18.04	62.81
Common Equity, 1 Yr. Growth %	26.03	22.21	21.84	18.05	62.8
Cash From Operations, 1 Yr. Growth %	125.8	18.5	-3.41	12.11	16.87
Capital Expenditures, 1 Yr. Growth %	88.79	-21.47	-33.82	20.58	84.81
Levered Free Cash Flow, 1 Yr. Growth %	54.73	14.39	-8.18	32.16	-12.54
Unlevered Free Cash Flow, 1 Yr. Growth %	53.7	14.42	-8.16	31.98	-12.59
Dividend Per Share, 1 Yr. Growth %	-0.92	227.05	0	5.62	50
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	46.73	-7.35	2.42	23.36	18.37
Gross Profit, 2 Yr. CAGR %	90.01	5.43	18.77	33.46	16
EBITDA, 2 Yr. CAGR %	86.55	7.27	21.58	30.97	11.54
EBITA, 2 Yr. CAGR %	166.16	3.43	25.71	42.43	12.49
EBIT, 2 Yr. CAGR %	166.15	3.59	25.73	42.44	12.49
Earnings From Cont. Operations, 2 Yr. CAGR %	150.03	14.45	32.82	24.53	7.65
Net Income, 2 Yr. CAGR %	150.03	14.45	32.82	24.53	7.65
Normalized Net Income, 2 Yr. CAGR %	188.06	24.42	33.93	26.47	11.49
Diluted EPS Before Extra, 2 Yr. CAGR %	143.56	13.43	33.04	24.96	3.04
Accounts Receivable, 2 Yr. CAGR %	15.97	-34.77	9.88	78.83	20.67
Inventory, 2 Yr. CAGR %	104.14	14.73	4.36	-18.7	-3.79
Net Property, Plant and Equip., 2 Yr. CAGR %	18.2	12.34	-4.82	-2.46	13.38
Total Assets, 2 Yr. CAGR %	35.31	17.85	19.07	24.6	31.25
Tangible Book Value, 2 Yr. CAGR %	31.45	24.1	22.01	19.93	38.63
Common Equity, 2 Yr. CAGR %	31.45	24.11	22.02	19.93	38.63
Cash From Operations, 2 Yr. CAGR %	57.35	63.58	6.84	4.06	14.46
Capital Expenditures, 2 Yr. CAGR %	22.77	21.76	-27.74	-10.67	49.28
Levered Free Cash Flow, 2 Yr. CAGR %	156.89	31.66	3.03	16.05	7.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	149.19	31.24	3.06	15.96	7.41
Dividend Per Share, 2 Yr. CAGR %	157.01	80.86	81.51	2.77	34.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	32.2	20.19	3.75	7.07	22.15
Gross Profit, 3 Yr. CAGR %	58.39	47.19	21.08	15.33	30.14
EBITDA, 3 Yr. CAGR %	59.88	45.5	24.33	14.94	27.6
EBITA, 3 Yr. CAGR %	105.79	78.2	28.39	17.46	35.78
EBIT, 3 Yr. CAGR %	105.79	78.21	28.53	17.47	35.79
Earnings From Cont. Operations, 3 Yr. CAGR %	85.67	86.2	30.8	16.99	25.57
Net Income, 3 Yr. CAGR %	85.67	86.2	30.8	16.99	25.57
Normalized Net Income, 3 Yr. CAGR %	95.76	108.03	36.78	20.17	27.13
Diluted EPS Before Extra, 3 Yr. CAGR %	82.45	83.26	30.29	17.15	22.21
Accounts Receivable, 3 Yr. CAGR %	12.12	-6.89	-5.06	24.28	57.22
Inventory, 3 Yr. CAGR %	48.72	51.73	19.59	-17.87	6.35
Net Property, Plant and Equip., 3 Yr. CAGR %	16.73	14.18	2.38	0.45	3.01
Total Assets, 3 Yr. CAGR %	26.7	28.2	19.61	21.34	31.76
Tangible Book Value, 3 Yr. CAGR %	22.05	28.28	23.34	20.67	32.79
Common Equity, 3 Yr. CAGR %	22.04	28.29	23.35	20.68	32.79
Cash From Operations, 3 Yr. CAGR %	100.59	43.16	37.11	8.57	8.17
Capital Expenditures, 3 Yr. CAGR %	24.3	5.78	-0.48	-14.29	13.83
Levered Free Cash Flow, 3 Yr. CAGR %	50.61	94.8	17.17	15.9	5.6
Unlevered Free Cash Flow, 3 Yr. CAGR %	51.66	90.91	16.93	15.85	5.53
Dividend Per Share, 3 Yr. CAGR %	-	179.38	48.81	51.54	21.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	29.01	21.26	19.37	21.45	9.37
Gross Profit, 5 Yr. CAGR %	58.21	47.51	41.16	40.82	19.02
EBITDA, 5 Yr. CAGR %	90.62	81.17	43.29	39.51	19.05
EBITA, 5 Yr. CAGR %	45.16	45.01	68.97	62.93	21.78
EBIT, 5 Yr. CAGR %	45.13	44.99	68.98	62.94	21.86
Earnings From Cont. Operations, 5 Yr. CAGR %	31.42	33.98	62.39	58.52	21
Net Income, 5 Yr. CAGR %	31.42	33.98	62.39	58.52	21
Normalized Net Income, 5 Yr. CAGR %	40.96	43.37	68.19	70.48	26.04
Diluted EPS Before Extra, 5 Yr. CAGR %	30.05	32.71	61.05	57.24	18.62
Accounts Receivable, 5 Yr. CAGR %	17.37	4.53	11.22	20.88	10.58
Inventory, 5 Yr. CAGR %	13.61	7.92	29.07	18.21	9.63
Net Property, Plant and Equip., 5 Yr. CAGR %	8.3	11.02	7.58	7.21	6.65
Total Assets, 5 Yr. CAGR %	15.03	21.11	23.59	26.75	26.01
Tangible Book Value, 5 Yr. CAGR %	11.54	18.41	22.03	24.87	29.24
Common Equity, 5 Yr. CAGR %	11.53	18.42	22.04	24.88	29.25
Cash From Operations, 5 Yr. CAGR %	43.05	275.62	55.91	25.94	27.56
Capital Expenditures, 5 Yr. CAGR %	26.69	23.24	0.05	-1.04	17.04
Levered Free Cash Flow, 5 Yr. CAGR %	60.36	51.3	28.85	58.68	15.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	59.66	52.17	29.4	56.73	15.39
Dividend Per Share, 5 Yr. CAGR %	-	-	-	87.55	42.77