Income Statement Sun Rise E&T Corporation

Stocks

1343

TW0001343002

Commodity Chemicals

End-of-day quote Taipei Exchange Other stock markets 2026-07-31			5-day change	1st Jan Change
31.00 ^TWD	-2.21%		+6.16%	-3.28%

04-08	Sun Rise E&T Corporation Reports Earnings Results for the Full Year Ended December 31, 2025	CI
25-08-13	Sun Rise E&T Corporation Reports Earnings Results for the Half Year Ended June 30, 2025	CI

bb6d5827e3.adMKiyh_zj7D8oOhN1sXisBz1SGLFX2hUH3H068LPCI.IZEyv2Q-i0muweeQAStVp6scpXTxXj_XYE736-JndxYr_m-mbCfjDpmK4A

Published financial data: SUN RISE E&T CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	274M	405M	240M	1.18B	471M
Total Revenues	274M	405M	240M	1.18B	471M
Cost of Goods Sold, Total	235M	314M	206M	768M	368M
Gross Profit	39.44M	91.06M	34.33M	407M	103M
Selling General & Admin Expenses, Total	38.18M	48.8M	39.91M	98.63M	61.89M
Provision for Bad Debts	-4.07M	-161K	-	96K	-30K
R&D Expenses	2.21M	2.83M	64.21M	221M	153M
Other Operating Expenses, Total	36.32M	51.48M	104M	320M	215M
Operating Income	3.11M	39.58M	-69.79M	87.56M	-112M
Interest Expense, Total	-3.52M	-3.57M	-3.97M	-3.06M	-6.48M
Interest And Investment Income	24K	165K	478K	893K	772K
Net Interest Expenses	-3.49M	-3.4M	-3.49M	-2.16M	-5.71M
Currency Exchange Gains (Loss)	91K	1.88M	149K	583K	594K
Other Non Operating Income (Expenses)	3.35M	563K	3.93M	116M	16.73M
EBT, Excl. Unusual Items	3.06M	38.63M	-69.2M	202M	-100M
EBT, Incl. Unusual Items	3.06M	38.63M	-69.2M	202M	-100M
Income Tax Expense	51K	7.74M	-13.85M	24.29M	-20.27M
Earnings From Continuing Operations	3.01M	30.89M	-55.35M	177M	-80.01M
Net Income to Company	3.01M	30.89M	-55.35M	177M	-80.01M
Net Income - (IS)	3.01M	30.89M	-55.35M	177M	-80.01M
Net Income to Common Incl Extra Items	3.01M	30.89M	-55.35M	177M	-80.01M
Net Income to Common Excl. Extra Items	3.01M	30.89M	-55.35M	177M	-80.01M
Per Share Items
Net EPS - Basic	0.08	0.78	-1.39	4.39	-1.97
Basic EPS - Continuing Operations	0.08	0.78	-1.39	4.39	-1.97
Basic Weighted Average Shares Outstanding	39.29M	39.58M	39.94M	40.42M	40.51M
Net EPS - Diluted	0.08	0.77	-1.39	4.37	-1.97
Diluted EPS - Continuing Operations	0.08	0.77	-1.39	4.37	-1.97
Diluted Weighted Average Shares Outstanding	39.31M	39.77M	39.94M	40.55M	40.51M
Normalized Basic EPS	0.05	0.61	-1.08	3.12	-1.55
Normalized Diluted EPS	0.05	0.61	-1.08	3.11	-1.55
Dividend Per Share	-	0.15	-	1.22	-
Payout Ratio	-	-	-11.1	-	-61.75
Supplemental Items
EBITDA	47.51M	82.11M	-24.96M	131M	-60.95M
EBITA	3.7M	40.45M	-69.06M	88.02M	-111M
EBIT	3.11M	39.58M	-69.79M	87.56M	-112M
EBITDAR	47.53M	82.13M	-24.9M	132M	-60.52M
Effective Tax Rate - (Ratio)	1.67	20.03	20.01	12.06	20.21
Total Current Taxes	392K	7.04M	-17K	28.74M	-715K
Total Deferred Taxes	-341K	692K	-13.83M	-4.45M	-19.56M
Normalized Net Income	1.91M	24.14M	-43.25M	126M	-62.68M
Interest Capitalized	186K	236K	640K	3M	8.85M
Interest on Long-Term Debt	525K	375K	297K	477K	1.27M
Non-Cash Pension Expense	0	0	-11K	1.72M	2K
Supplemental Operating Expense Items
Advertising Expense	1.37M	794K	1.3M	3.9M	2.75M
Selling and Marketing Expenses	6.24M	8.98M	7.87M	37.72M	13.63M
General and Administrative Expenses	31.94M	39.82M	32.04M	60.91M	48.25M
Research And Development Expense From Footnotes	2.21M	2.83M	64.21M	221M	153M
Net Rental Expense, Total	22K	20K	52K	222K	431K
Imputed Operating Lease Interest Expense	2.74K	2.8K	9.39K	28.42K	85.81K
Imputed Operating Lease Depreciation	19.26K	17.2K	42.61K	194K	345K
Stock-Based Comp., Other (Total)	1.57M	506K	217K	-	-
Total Stock-Based Compensation	1.57M	506K	217K	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	20.63M	24.4M	37.41M	75.51M	23.95M
Total Cash And Short Term Investments	20.63M	24.4M	37.41M	75.51M	23.95M
Accounts Receivable, Total	50.25M	90.1M	31.51M	61.87M	112M
Other Receivables	559K	-	109K	252K	55K
Total Receivables	50.81M	90.1M	31.62M	62.12M	112M
Inventory	54.3M	48.89M	52.02M	55.18M	53.26M
Prepaid Expenses	1.14M	1.42M	4.16M	12.5M	10.07M
Other Current Assets, Total	270K	3.04M	11.88M	54.87M	41.38M
Total Current Assets	127M	168M	137M	260M	241M
Gross Property Plant And Equipment	1.14B	1.18B	1.2B	1.66B	1.7B
Accumulated Depreciation	-589M	-632M	-676M	-709M	-764M
Net Property Plant And Equipment	553M	548M	524M	949M	932M
Other Intangibles, Total	918K	873K	1.02M	797K	525K
Deferred Tax Assets Long-Term	2.3M	1.59M	15.41M	19.54M	39.04M
Other Long-Term Assets, Total	12.09M	3.88M	5.82M	38.81M	31.12M
Total Assets	696M	722M	684M	1.27B	1.24B
Liabilities
Accounts Payable, Total	13.64M	49.05M	13.63M	15.23M	9.13M
Accrued Expenses, Total	8.87M	14.17M	40.86M	74.76M	51.4M
Short-term Borrowings	29.63M	23.04M	78.36M	139M	330M
Current Portion of Long-Term Debt	44.31M	33.14M	26.2M	42.6M	42.6M
Current Portion of Leases	5.77M	5.33M	4.32M	6.29M	4.97M
Current Income Taxes Payable	-	7.04M	-	28.66M	11.52M
Unearned Revenue Current, Total	15.99M	4.25M	16.87M	13.69M	24.24M
Other Current Liabilities	5.06M	6.33M	6.31M	16.56M	14.48M
Total Current Liabilities	123M	142M	187M	337M	489M
Long-Term Debt	142M	120M	94.22M	304M	261M
Long-Term Leases	17.78M	13.01M	10.06M	52.78M	47.94M
Pension & Other Post Retirement Benefits	-	-	-	183K	218K
Deferred Tax Liability Non Current	-	151K	136K	-	-
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	283M	276M	291M	694M	798M
Common Stock, Total	306M	307M	327M	329M	405M
Additional Paid In Capital	86.91M	88.12M	91.78M	67.62M	67.62M
Retained Earnings	19.33M	50.9M	-25.95M	178M	-26.97M
Total Common Equity	412M	446M	393M	575M	446M
Total Equity	412M	446M	393M	575M	446M
Total Liabilities And Equity	696M	722M	684M	1.27B	1.24B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	39.53M	39.64M	40.2M	40.51M	40.51M
ECS Total Common Shares Outstanding	39.53M	39.64M	40.2M	40.51M	40.51M
Book Value / Share	10.43	11.25	9.77	14.19	11
Tangible Book Value	412M	445M	392M	574M	445M
Tangible Book Value Per Share	10.41	11.23	9.74	14.17	10.99
Total Debt	240M	195M	213M	544M	687M
Net Debt	219M	171M	176M	469M	663M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-2K	-754K	-681K	183K	218K
Debt Equivalent Oper. Leases	176K	160K	416K	1.78M	3.45M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	9.73M	17.24M	7.2M	8.42M	6.66M
Inventories - Finished Goods, Total	41.7M	29.75M	39.56M	30.86M	38.4M
Inventories - Others	2.86M	1.9M	5.26M	15.9M	8.2M
Land - (BS)	42.01M	42.01M	42.01M	42.01M	42.01M
Buildings, Total	412M	415M	415M	417M	801M
Machinery, Total	640M	665M	676M	702M	770M
Full Time Employees	-	57	63	88	96
Accumulated Allowance for Doubtful Accounts (Supple)	191K	-	-	-	66K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	3.01M	30.89M	-55.35M	177M	-80.01M
Depreciation & Amortization - CF	49.54M	46.72M	48.83M	48.59M	57.27M
Amortization of Goodwill and Intangible Assets - (CF)	586K	865K	730K	464K	528K
Depreciation & Amortization, Total	50.13M	47.58M	49.56M	49.06M	57.8M
(Gain) Loss From Sale Of Asset	-	26K	-17K	165K	-31K
Stock-Based Compensation (CF)	1.57M	506K	217K	-	-
Provision and Write-off of Bad Debts	-4.07M	-161K	-	96K	-30K
Other Operating Activities, Total	7.42M	12.27M	-16.62M	30.84M	-31.71M
Change In Accounts Receivable	-22.45M	-38.49M	61.55M	-32.25M	-46.87M
Change In Inventories	-3.38M	4.37M	-3.84M	-5.84M	2.94M
Change In Accounts Payable	-2.36M	35.42M	-37.76M	3.94M	-6.1M
Change in Unearned Revenues	-4.24M	-11.74M	12.62M	-3.18M	10.56M
Change in Other Net Operating Assets	13.53M	4.43M	20.13M	19.45M	-29.34M
Cash from Operations	39.17M	85.11M	30.5M	239M	-123M
Capital Expenditure	-27.62M	-33.39M	-24.49M	-423M	-29.45M
Sale of Property, Plant, and Equipment	-	9K	17K	86K	47K
Sale (Purchase) of Intangible assets	-670K	-820K	-873K	-245K	-256K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-296K	565K	-6.4M	-57.86M	23.37M
Cash from Investing	-28.58M	-33.63M	-31.75M	-481M	-6.29M
Short Term Debt Issued, Total	29.63M	-	55.32M	60.5M	192M
Long-Term Debt Issued, Total	185M	12M	-	264M	-
Total Debt Issued	215M	12M	55.32M	325M	192M
Short Term Debt Repaid, Total	-	-6.58M	-	-	-
Long-Term Debt Repaid, Total	-213M	-51.05M	-38.68M	-43.48M	-48.95M
Total Debt Repaid	-213M	-57.64M	-38.68M	-43.48M	-48.95M
Issuance of Common Stock	5.42M	1.58M	7.84M	4.31M	-
Common Dividends Paid	-	-	-6.14M	-	-49.41M
Common & Preferred Stock Dividends Paid	-	-	-6.14M	-	-49.41M
Other Financing Activities, Total	-3.61M	-3.65M	-4.07M	-6M	-15.74M
Cash from Financing	3.47M	-47.72M	14.27M	279M	77.53M
Net Change in Cash	14.06M	3.76M	13.02M	38.1M	-51.56M
Supplemental Items
Cash Interest Paid	3.61M	3.8M	4.55M	5.89M	15.35M
Cash Income Tax Paid (Refund)	-3.12M	-	7.05M	81K	16.45M
Levered Free Cash Flow	-4.41M	36.76M	18.89M	-335M	-117M
Unlevered Free Cash Flow	-2.21M	38.99M	21.37M	-333M	-113M
Change In Net Working Capital	27.57M	-367K	-40.58M	13.75M	70.66M
Net Debt Issued / Repaid	1.66M	-45.64M	16.64M	281M	143M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.28	3.49	-6.21	5.61	-5.57
Return on Total Capital	0.3	3.83	-7	6.34	-6.21
Return On Equity %	0.74	7.2	-13.2	36.63	-15.68
Return on Common Equity	0.74	7.2	-13.2	36.63	-15.68
Margin Analysis
Gross Profit Margin %	14.38	22.48	14.29	34.65	21.92
SG&A Margin	13.92	12.05	16.61	8.39	13.13
EBITDA Margin %	17.32	20.27	-10.39	11.18	-12.93
EBITA Margin %	1.35	9.99	-28.74	7.49	-23.63
EBIT Margin %	1.13	9.77	-29.05	7.45	-23.74
Income From Continuing Operations Margin %	1.1	7.63	-23.04	15.08	-16.98
Net Income Margin %	1.1	7.63	-23.04	15.08	-16.98
Net Avail. For Common Margin %	1.1	7.63	-23.04	15.08	-16.98
Normalized Net Income Margin	0.7	5.96	-18	10.72	-13.3
Levered Free Cash Flow Margin	-1.61	9.08	7.86	-28.49	-24.73
Unlevered Free Cash Flow Margin	-0.81	9.63	8.9	-28.33	-23.87
Asset Turnover
Asset Turnover	0.39	0.57	0.34	1.2	0.38
Fixed Assets Turnover	0.48	0.74	0.45	1.6	0.5
Receivables Turnover (Average Receivables)	6.24	5.77	3.95	25.17	5.41
Inventory Turnover (Average Inventory)	4.37	6.08	4.08	14.33	6.79
Short Term Liquidity
Current Ratio	1.03	1.18	0.73	0.77	0.49
Quick Ratio	0.58	0.8	0.37	0.41	0.28
Operating Cash Flow to Current Liabilities	0.32	0.6	0.16	0.71	-0.25
Days Sales Outstanding (Average Receivables)	58.45	63.24	92.37	14.54	67.49
Days Outstanding Inventory (Average Inventory)	83.45	59.98	89.42	25.54	53.78
Average Days Payable Outstanding	22.91	37.08	55.93	6.3	12.14
Cash Conversion Cycle (Average Days)	119	86.15	125.86	33.79	109.12
Long Term Solvency
Total Debt/Equity	58.15	43.7	54.28	94.69	154.17
Total Debt / Total Capital	36.77	30.41	35.18	48.64	60.66
LT Debt/Equity	38.82	29.91	26.55	62.03	69.36
Long-Term Debt / Total Capital	24.55	20.81	17.21	31.86	27.29
Total Liabilities / Total Assets	40.73	38.22	42.56	54.67	64.17
EBIT / Interest Expense	0.88	11.1	-17.6	28.63	-17.27
EBITDA / Interest Expense	15.13	24.44	-5.1	44.67	-8.35
(EBITDA - Capex) / Interest Expense	7.28	15.08	-11.28	-93.55	-12.9
Total Debt / EBITDA	4.5	2.24	-10.54	3.99	-12.7
Net Debt / EBITDA	4.12	1.96	-8.69	3.43	-12.26
Total Debt / (EBITDA - Capex)	9.36	3.62	-4.77	-1.9	-8.23
Net Debt / (EBITDA - Capex)	8.55	3.17	-3.93	-1.64	-7.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	20.21	47.64	-40.68	389.09	-59.89
Gross Profit, 1 Yr. Growth %	-21.73	130.91	-62.3	1.09K	-74.63
EBITDA, 1 Yr. Growth %	-2.85	72.81	-130.4	-626.33	-146.4
EBITA, 1 Yr. Growth %	-64.08	993.78	-270.75	-227.45	-226.52
EBIT, 1 Yr. Growth %	-68.83	1.17K	-276.32	-225.45	-227.8
Earnings From Cont. Operations, 1 Yr. Growth %	-64.67	926.96	-279.18	-420.18	-145.15
Net Income, 1 Yr. Growth %	-64.67	926.96	-279.18	-420.18	-145.15
Normalized Net Income, 1 Yr. Growth %	-66.05	1.16K	-279.15	-391.21	-149.76
Diluted EPS Before Extra, 1 Yr. Growth %	-64.7	911.82	-288.28	-415.65	-145.19
Accounts Receivable, 1 Yr. Growth %	33.61	79.29	-65.02	96.33	81.71
Inventory, 1 Yr. Growth %	2.23	-9.95	6.39	6.07	-3.47
Net Property, Plant and Equip., 1 Yr. Growth %	-5.81	-1	-4.3	81.03	-1.78
Total Assets, 1 Yr. Growth %	-0.54	3.76	-5.32	85.54	-1.93
Tangible Book Value, 1 Yr. Growth %	2.47	8.19	-12.03	46.59	-22.45
Common Equity, 1 Yr. Growth %	2.48	8.16	-11.98	46.42	-22.47
Cash From Operations, 1 Yr. Growth %	7.56	117.31	-64.17	685.26	-151.27
Capital Expenditures, 1 Yr. Growth %	-52.54	20.89	-26.64	1.63K	-93.03
Levered Free Cash Flow, 1 Yr. Growth %	-87.55	-934.01	-48.6	-1.87K	-65.19
Unlevered Free Cash Flow, 1 Yr. Growth %	-93.45	-1.87K	-45.18	-1.66K	-66.21
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-13.93	33.22	-6.41	70.34	40.06
Gross Profit, 2 Yr. CAGR %	-37.42	34.43	-6.7	111.47	73.47
EBITDA, 2 Yr. CAGR %	-22.51	29.57	-27.52	26.48	56.27
EBITA, 2 Yr. CAGR %	-72.1	98.2	332.15	47.52	26.99
EBIT, 2 Yr. CAGR %	-74.24	99.11	373.57	48.73	26.62
Earnings From Cont. Operations, 2 Yr. CAGR %	-71.84	90.49	328.97	139.52	20.23
Net Income, 2 Yr. CAGR %	-71.84	90.49	328.97	139.52	20.23
Normalized Net Income, 2 Yr. CAGR %	-74.59	107.07	375.63	128.41	20.38
Diluted EPS Before Extra, 2 Yr. CAGR %	-72.84	88.99	325.43	143.78	19.38
Accounts Receivable, 2 Yr. CAGR %	7.69	54.78	-20.81	-17.13	88.88
Inventory, 2 Yr. CAGR %	2.52	-4.06	-2.12	6.23	1.19
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.79	-3.43	-2.66	31.62	33.34
Total Assets, 2 Yr. CAGR %	-2.24	1.59	-0.88	32.54	34.9
Tangible Book Value, 2 Yr. CAGR %	1.18	5.29	-2.44	13.56	6.62
Common Equity, 2 Yr. CAGR %	1.19	5.28	-2.43	13.53	6.55
Cash From Operations, 2 Yr. CAGR %	174.73	52.88	-11.76	67.74	100.66
Capital Expenditures, 2 Yr. CAGR %	-10.17	-24.25	-5.83	255.82	9.66
Levered Free Cash Flow, 2 Yr. CAGR %	-69.44	1.9	107.04	201.8	148.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	-78.07	7.54	211.06	192.21	129.43
Dividend Per Share, 2 Yr. CAGR %	-	-	-	180.59	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-22.88	3.03	1.73	62.41	5.18
Gross Profit, 3 Yr. CAGR %	-40.1	-3.3	-12.01	117.76	4.29
EBITDA, 3 Yr. CAGR %	-33.04	1.24	-20.09	40.35	-9.46
EBITA, 3 Yr. CAGR %	-69	-5.23	88.59	187.66	40.16
EBIT, 3 Yr. CAGR %	-70.69	-5.49	91.21	204.15	41.4
Earnings From Cont. Operations, 3 Yr. CAGR %	-68.59	-6.62	86.65	289.12	37.33
Net Income, 3 Yr. CAGR %	-68.59	-6.62	86.65	289.12	37.33
Normalized Net Income, 3 Yr. CAGR %	-70.6	-6.59	97.31	303.88	37.44
Diluted EPS Before Extra, 3 Yr. CAGR %	-69.36	-9.3	85.56	285.14	38.96
Accounts Receivable, 3 Yr. CAGR %	22.66	27.63	-5.72	7.18	7.66
Inventory, 3 Yr. CAGR %	-12.72	-1.82	-0.69	0.54	2.9
Net Property, Plant and Equip., 3 Yr. CAGR %	0.15	-1.53	-3.72	19.7	19.38
Total Assets, 3 Yr. CAGR %	-0.58	-0.28	-0.77	22.16	19.88
Tangible Book Value, 3 Yr. CAGR %	13.04	3.46	-0.83	11.74	0
Common Equity, 3 Yr. CAGR %	13.01	3.46	-0.82	11.71	-0.02
Cash From Operations, 3 Yr. CAGR %	-46.44	154.08	-5.74	82.86	13
Capital Expenditures, 3 Yr. CAGR %	-46.19	-0.82	-25.06	148.29	-4.09
Levered Free Cash Flow, 3 Yr. CAGR %	-	-8	-18.89	323.51	46.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-5.31	-14.09	432.17	42.37
Dividend Per Share, 3 Yr. CAGR %	-	-18.57	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-16.68	25.98	15.61
Gross Profit, 5 Yr. CAGR %	-	-	-28.48	32.24	15.44
EBITDA, 5 Yr. CAGR %	-	-	-30.89	10.67	4.5
EBITA, 5 Yr. CAGR %	-	-	-11.07	13.12	61
EBIT, 5 Yr. CAGR %	-	-	-10.79	13.31	62.14
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-10.62	36.11	56.54
Net Income, 5 Yr. CAGR %	-	-	-10.62	36.11	56.54
Normalized Net Income, 5 Yr. CAGR %	-	-	-10.47	33.58	61.92
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-12.24	33.33	55.55
Accounts Receivable, 5 Yr. CAGR %	-	-	2.96	7.38	24.48
Inventory, 5 Yr. CAGR %	-	-	-8.63	1.33	0.06
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-0.99	10.59	9.67
Total Assets, 5 Yr. CAGR %	-	-	-0.7	11.74	12.2
Tangible Book Value, 5 Yr. CAGR %	-	-	6.57	7.39	2.08
Common Equity, 5 Yr. CAGR %	-	-	6.56	7.38	2.06
Cash From Operations, 5 Yr. CAGR %	-	-	-34.6	115.2	27.52
Capital Expenditures, 5 Yr. CAGR %	-	-	-32.69	65.32	-12.73
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	47.97	26.91
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	48.62	27.26
Dividend Per Share, 5 Yr. CAGR %	-	-	-	33.56	-