Right Way Industrial Co Ltd
TWSE:1506
Income Statement
Earnings Waterfall
Right Way Industrial Co Ltd
Income Statement
Right Way Industrial Co Ltd
| Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
63
|
59
|
54
|
53
|
43
|
43
|
42
|
44
|
39
|
33
|
27
|
19
|
24
|
25
|
27
|
30
|
27
|
25
|
23
|
22
|
29
|
28
|
28
|
28
|
16
|
17
|
20
|
20
|
23
|
25
|
24
|
25
|
25
|
26
|
27
|
30
|
32
|
37
|
37
|
34
|
28
|
25
|
28
|
32
|
34
|
36
|
34
|
28
|
26
|
23
|
21
|
21
|
23
|
22
|
18
|
15
|
11
|
8
|
7
|
5
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
|
| Revenue |
1 350
N/A
|
1 258
-7%
|
1 204
-4%
|
1 138
-5%
|
1 175
+3%
|
1 293
+10%
|
1 340
+4%
|
1 425
+6%
|
1 465
+3%
|
1 502
+3%
|
1 574
+5%
|
1 541
-2%
|
1 600
+4%
|
1 589
-1%
|
1 546
-3%
|
1 572
+2%
|
1 580
+0%
|
1 533
-3%
|
1 518
-1%
|
1 479
-3%
|
1 434
-3%
|
1 418
-1%
|
1 453
+3%
|
1 521
+5%
|
1 566
+3%
|
1 613
+3%
|
1 641
+2%
|
1 581
-4%
|
1 550
-2%
|
1 586
+2%
|
1 571
-1%
|
1 549
-1%
|
1 572
+2%
|
1 515
-4%
|
1 444
-5%
|
1 424
-1%
|
1 363
-4%
|
1 327
-3%
|
1 289
-3%
|
1 261
-2%
|
1 203
-5%
|
1 178
-2%
|
1 206
+2%
|
1 216
+1%
|
1 177
-3%
|
1 132
-4%
|
988
-13%
|
885
-10%
|
845
-5%
|
858
+2%
|
911
+6%
|
993
+9%
|
1 064
+7%
|
1 092
+3%
|
1 157
+6%
|
1 142
-1%
|
1 142
0%
|
1 136
-1%
|
1 114
-2%
|
1 136
+2%
|
1 141
+0%
|
1 112
-2%
|
1 087
-2%
|
1 053
-3%
|
1 037
-2%
|
1 039
+0%
|
1 072
+3%
|
1 091
+2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 138)
|
(1 101)
|
(1 052)
|
(1 018)
|
(1 041)
|
(1 096)
|
(1 158)
|
(1 218)
|
(1 270)
|
(1 307)
|
(1 338)
|
(1 302)
|
(1 352)
|
(1 333)
|
(1 317)
|
(1 357)
|
(1 439)
|
(1 435)
|
(1 440)
|
(1 400)
|
(1 325)
|
(1 296)
|
(1 296)
|
(1 330)
|
(1 323)
|
(1 343)
|
(1 360)
|
(1 307)
|
(1 275)
|
(1 295)
|
(1 277)
|
(1 265)
|
(1 273)
|
(1 237)
|
(1 185)
|
(1 167)
|
(1 143)
|
(1 137)
|
(1 126)
|
(1 117)
|
(1 138)
|
(1 101)
|
(1 140)
|
(1 159)
|
(1 104)
|
(1 098)
|
(966)
|
(875)
|
(795)
|
(783)
|
(801)
|
(855)
|
(910)
|
(923)
|
(978)
|
(974)
|
(939)
|
(938)
|
(930)
|
(934)
|
(956)
|
(932)
|
(912)
|
(897)
|
(868)
|
(867)
|
(888)
|
(902)
|
|
| Gross Profit |
212
N/A
|
157
-26%
|
151
-3%
|
119
-21%
|
134
+12%
|
196
+46%
|
183
-7%
|
207
+13%
|
195
-6%
|
195
+0%
|
236
+21%
|
239
+1%
|
248
+4%
|
256
+3%
|
230
-10%
|
216
-6%
|
141
-35%
|
99
-30%
|
78
-21%
|
80
+2%
|
109
+37%
|
122
+12%
|
158
+30%
|
191
+21%
|
243
+27%
|
270
+11%
|
281
+4%
|
275
-2%
|
275
+0%
|
291
+6%
|
294
+1%
|
284
-4%
|
299
+5%
|
278
-7%
|
259
-7%
|
257
-1%
|
220
-14%
|
190
-14%
|
163
-14%
|
144
-12%
|
65
-55%
|
76
+17%
|
66
-13%
|
57
-14%
|
73
+28%
|
34
-54%
|
22
-34%
|
11
-53%
|
50
+369%
|
75
+50%
|
110
+47%
|
138
+26%
|
154
+11%
|
169
+10%
|
180
+7%
|
168
-7%
|
203
+21%
|
198
-3%
|
184
-7%
|
203
+10%
|
185
-9%
|
180
-3%
|
175
-3%
|
157
-10%
|
169
+7%
|
173
+3%
|
185
+7%
|
188
+2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(229)
|
(246)
|
(215)
|
(193)
|
(210)
|
(248)
|
(261)
|
(267)
|
(252)
|
(248)
|
(230)
|
(230)
|
(196)
|
(199)
|
(204)
|
(198)
|
(210)
|
(206)
|
(197)
|
(196)
|
(192)
|
(162)
|
(171)
|
(180)
|
(213)
|
(215)
|
(227)
|
(234)
|
(249)
|
(264)
|
(263)
|
(255)
|
(254)
|
(247)
|
(232)
|
(246)
|
(243)
|
(249)
|
(254)
|
(249)
|
(273)
|
(279)
|
(300)
|
(346)
|
(349)
|
(352)
|
(299)
|
(240)
|
(194)
|
(188)
|
(182)
|
(176)
|
(185)
|
(191)
|
(205)
|
(204)
|
(186)
|
(109)
|
(140)
|
(131)
|
(126)
|
(129)
|
(136)
|
(137)
|
(149)
|
(156)
|
(162)
|
(176)
|
|
| Selling, General & Administrative |
(224)
|
(213)
|
(210)
|
(188)
|
(205)
|
(215)
|
(228)
|
(233)
|
(245)
|
(240)
|
(218)
|
(216)
|
(178)
|
(179)
|
(183)
|
(177)
|
(189)
|
(185)
|
(177)
|
(177)
|
(172)
|
(168)
|
(176)
|
(190)
|
(192)
|
(192)
|
(204)
|
(205)
|
(216)
|
(229)
|
(224)
|
(214)
|
(224)
|
(220)
|
(207)
|
(221)
|
(210)
|
(210)
|
(212)
|
(206)
|
(225)
|
(237)
|
(249)
|
(287)
|
(281)
|
(267)
|
(251)
|
(202)
|
(164)
|
(160)
|
(153)
|
(148)
|
(157)
|
(163)
|
(180)
|
(182)
|
(168)
|
(151)
|
(126)
|
(118)
|
(115)
|
(117)
|
(125)
|
(127)
|
(138)
|
(146)
|
(151)
|
(164)
|
|
| Research & Development |
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(12)
|
(15)
|
(17)
|
(20)
|
(21)
|
(22)
|
(21)
|
(21)
|
(20)
|
(19)
|
(20)
|
(19)
|
(20)
|
(16)
|
(21)
|
(23)
|
(23)
|
(29)
|
(33)
|
(35)
|
(39)
|
(41)
|
(30)
|
(28)
|
(24)
|
(25)
|
(33)
|
(39)
|
(42)
|
(43)
|
(48)
|
(54)
|
(63)
|
(71)
|
(67)
|
(59)
|
(48)
|
(38)
|
(30)
|
(22)
|
(22)
|
(21)
|
(28)
|
(28)
|
(25)
|
(22)
|
(18)
|
(14)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
|
| Other Operating Expenses |
0
|
(28)
|
0
|
0
|
0
|
(28)
|
(28)
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
25
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
12
|
12
|
0
|
(26)
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
56
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(17)
N/A
|
(90)
-415%
|
(64)
+29%
|
(73)
-15%
|
(76)
-4%
|
(51)
+32%
|
(78)
-53%
|
(60)
+23%
|
(58)
+4%
|
(53)
+9%
|
6
N/A
|
9
+53%
|
52
+480%
|
58
+10%
|
26
-55%
|
17
-32%
|
(69)
N/A
|
(107)
-55%
|
(119)
-11%
|
(117)
+2%
|
(83)
+29%
|
(40)
+51%
|
(13)
+67%
|
11
N/A
|
31
+176%
|
56
+81%
|
54
-3%
|
41
-25%
|
26
-37%
|
27
+6%
|
31
+15%
|
29
-8%
|
46
+60%
|
31
-33%
|
28
-9%
|
11
-61%
|
(23)
N/A
|
(59)
-159%
|
(91)
-54%
|
(105)
-16%
|
(207)
-98%
|
(203)
+2%
|
(234)
-15%
|
(289)
-24%
|
(276)
+5%
|
(319)
-16%
|
(277)
+13%
|
(229)
+17%
|
(144)
+37%
|
(113)
+22%
|
(72)
+36%
|
(38)
+47%
|
(31)
+20%
|
(22)
+29%
|
(25)
-14%
|
(36)
-45%
|
16
N/A
|
88
+435%
|
44
-50%
|
72
+63%
|
59
-18%
|
51
-13%
|
39
-24%
|
19
-50%
|
20
+2%
|
16
-20%
|
22
+38%
|
12
-46%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(108)
|
(77)
|
(54)
|
(31)
|
27
|
8
|
(7)
|
(10)
|
(49)
|
(51)
|
(46)
|
(29)
|
(11)
|
(19)
|
(13)
|
(30)
|
(30)
|
(22)
|
(1)
|
2
|
(2)
|
(1)
|
(22)
|
(19)
|
(2)
|
(12)
|
(13)
|
(1)
|
(12)
|
(10)
|
(10)
|
(32)
|
(33)
|
(55)
|
(56)
|
(49)
|
(46)
|
29
|
22
|
35
|
8
|
(22)
|
(8)
|
(36)
|
(42)
|
(87)
|
(82)
|
(85)
|
(54)
|
(34)
|
(59)
|
(39)
|
(44)
|
(24)
|
8
|
27
|
30
|
30
|
25
|
15
|
34
|
33
|
28
|
37
|
33
|
26
|
(1)
|
19
|
|
| Non-Reccuring Items |
(28)
|
0
|
(3)
|
(0)
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
0
|
0
|
(12)
|
(26)
|
0
|
(137)
|
(181)
|
(17)
|
(135)
|
(23)
|
25
|
90
|
106
|
164
|
171
|
58
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
2
|
8
|
8
|
34
|
28
|
23
|
23
|
(3)
|
2
|
1
|
1
|
1
|
0
|
(1)
|
0
|
(5)
|
(3)
|
(4)
|
(4)
|
(1)
|
(9)
|
(14)
|
(15)
|
(13)
|
(7)
|
2
|
2
|
2
|
3
|
1
|
1
|
0
|
(0)
|
1
|
1
|
2
|
1
|
(0)
|
(1)
|
(2)
|
(0)
|
(21)
|
(24)
|
(42)
|
(43)
|
(23)
|
(19)
|
(1)
|
0
|
0
|
1
|
(25)
|
12
|
7
|
6
|
34
|
(3)
|
2
|
2
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
|
| Total Other Income |
0
|
(1)
|
3
|
(52)
|
(38)
|
(38)
|
(42)
|
16
|
12
|
10
|
28
|
36
|
14
|
12
|
8
|
6
|
18
|
20
|
10
|
6
|
(30)
|
(32)
|
(33)
|
(34)
|
(5)
|
(5)
|
(6)
|
6
|
8
|
7
|
7
|
10
|
17
|
22
|
21
|
10
|
5
|
(3)
|
(1)
|
34
|
35
|
33
|
34
|
1
|
(4)
|
2
|
109
|
161
|
31
|
147
|
42
|
(7)
|
22
|
2
|
(30)
|
(26)
|
(8)
|
(6)
|
23
|
32
|
5
|
5
|
4
|
(11)
|
4
|
3
|
4
|
5
|
|
| Pre-Tax Income |
(153)
N/A
|
(167)
-9%
|
(118)
+30%
|
(155)
-31%
|
(107)
+31%
|
(74)
+31%
|
(93)
-26%
|
(27)
+71%
|
(72)
-167%
|
(70)
+2%
|
(15)
+78%
|
18
N/A
|
57
+210%
|
51
-10%
|
22
-56%
|
(6)
N/A
|
(81)
-1 257%
|
(110)
-35%
|
(115)
-4%
|
(112)
+2%
|
(93)
+17%
|
(77)
+17%
|
(70)
+10%
|
(50)
+28%
|
9
N/A
|
25
+169%
|
23
-6%
|
39
+67%
|
24
-39%
|
27
+13%
|
31
+15%
|
8
-72%
|
30
+259%
|
(2)
N/A
|
(7)
-300%
|
(29)
-321%
|
(63)
-120%
|
(32)
+50%
|
(69)
-116%
|
(36)
+48%
|
(153)
-326%
|
(193)
-26%
|
(209)
-9%
|
(336)
-60%
|
(368)
-10%
|
(427)
-16%
|
(428)
0%
|
(377)
+12%
|
(207)
+45%
|
(155)
+25%
|
(114)
+27%
|
(58)
+49%
|
38
N/A
|
63
+66%
|
93
+47%
|
148
+59%
|
103
-30%
|
118
+14%
|
127
+8%
|
116
-9%
|
101
-13%
|
92
-9%
|
71
-23%
|
45
-36%
|
57
+26%
|
45
-21%
|
25
-43%
|
37
+47%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(25)
|
(23)
|
(40)
|
(32)
|
(25)
|
(24)
|
4
|
7
|
(4)
|
(4)
|
(11)
|
(14)
|
(6)
|
(4)
|
(4)
|
(4)
|
1
|
0
|
(8)
|
(9)
|
(6)
|
(7)
|
1
|
2
|
(2)
|
(3)
|
(2)
|
(7)
|
9
|
8
|
5
|
7
|
(8)
|
42
|
43
|
47
|
51
|
4
|
9
|
9
|
18
|
18
|
13
|
7
|
1
|
(1)
|
(1)
|
5
|
(3)
|
(3)
|
(2)
|
(0)
|
(3)
|
(1)
|
(1)
|
(15)
|
(11)
|
(14)
|
(18)
|
(11)
|
(12)
|
(12)
|
(10)
|
(8)
|
(16)
|
(14)
|
(12)
|
(12)
|
|
| Income from Continuing Operations |
(178)
|
(190)
|
(157)
|
(187)
|
(132)
|
(98)
|
(89)
|
(20)
|
(76)
|
(74)
|
(26)
|
4
|
51
|
47
|
19
|
(10)
|
(81)
|
(110)
|
(123)
|
(121)
|
(99)
|
(84)
|
(69)
|
(48)
|
8
|
22
|
21
|
32
|
33
|
35
|
35
|
16
|
22
|
40
|
37
|
18
|
(12)
|
(28)
|
(59)
|
(27)
|
(135)
|
(175)
|
(196)
|
(329)
|
(367)
|
(428)
|
(429)
|
(372)
|
(210)
|
(158)
|
(116)
|
(59)
|
35
|
62
|
92
|
133
|
92
|
103
|
108
|
104
|
89
|
79
|
61
|
37
|
40
|
31
|
13
|
25
|
|
| Income to Minority Interest |
(1)
|
(2)
|
(1)
|
5
|
4
|
3
|
(3)
|
(9)
|
(7)
|
(8)
|
(6)
|
(7)
|
(7)
|
(4)
|
(0)
|
2
|
10
|
14
|
13
|
15
|
16
|
13
|
13
|
14
|
6
|
6
|
6
|
3
|
3
|
0
|
(0)
|
(2)
|
(2)
|
(4)
|
(5)
|
(3)
|
(3)
|
2
|
5
|
7
|
18
|
22
|
34
|
43
|
58
|
62
|
89
|
66
|
40
|
23
|
(18)
|
(9)
|
(6)
|
1
|
(0)
|
8
|
3
|
3
|
3
|
(3)
|
(2)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
|
| Net Income (Common) |
(179)
N/A
|
(193)
-8%
|
(158)
+18%
|
(182)
-15%
|
(128)
+30%
|
(95)
+26%
|
(93)
+2%
|
(29)
+68%
|
(82)
-181%
|
(82)
+0%
|
(33)
+60%
|
(2)
+93%
|
44
N/A
|
43
-3%
|
18
-57%
|
(8)
N/A
|
(71)
-779%
|
(96)
-35%
|
(110)
-14%
|
(106)
+4%
|
(84)
+21%
|
(71)
+15%
|
(56)
+22%
|
(34)
+38%
|
13
N/A
|
27
+108%
|
27
-1%
|
35
+30%
|
35
+1%
|
35
+0%
|
35
0%
|
14
-60%
|
20
+43%
|
36
+79%
|
32
-12%
|
15
-54%
|
(15)
N/A
|
(26)
-69%
|
(54)
-111%
|
(20)
+63%
|
(117)
-492%
|
(153)
-31%
|
(162)
-6%
|
(286)
-76%
|
(309)
-8%
|
(366)
-18%
|
(463)
-26%
|
(428)
+8%
|
(330)
+23%
|
(257)
+22%
|
(133)
+48%
|
(60)
+55%
|
43
N/A
|
62
+44%
|
91
+47%
|
132
+46%
|
95
-28%
|
106
+11%
|
111
+5%
|
102
-9%
|
87
-15%
|
78
-10%
|
60
-23%
|
39
-36%
|
42
+8%
|
33
-21%
|
15
-55%
|
24
+65%
|
|
| EPS (Diluted) |
-2.35
N/A
|
-2.52
-7%
|
-2.07
+18%
|
-2.38
-15%
|
-1.68
+29%
|
-1.24
+26%
|
-1.21
+2%
|
-0.36
+70%
|
-0.96
-167%
|
-0.76
+21%
|
-0.3
+61%
|
-0.03
+90%
|
0.41
N/A
|
0.39
-5%
|
0.17
-56%
|
-0.07
N/A
|
-0.66
-843%
|
-0.78
-18%
|
-0.89
-14%
|
-0.86
+3%
|
-0.69
+20%
|
-0.58
+16%
|
-0.45
+22%
|
-0.28
+38%
|
0.1
N/A
|
0.22
+120%
|
0.22
N/A
|
0.29
+32%
|
0.28
-3%
|
0.29
+4%
|
0.28
-3%
|
0.11
-61%
|
0.16
+45%
|
0.23
+44%
|
0.26
+13%
|
0.12
-54%
|
-0.12
N/A
|
-0.2
-67%
|
-0.43
-115%
|
-0.16
+63%
|
-0.91
-469%
|
-1.21
-33%
|
-1.27
-5%
|
-2.24
-76%
|
-2.42
-8%
|
-2.86
-18%
|
-3.05
-7%
|
-2.62
+14%
|
-2.19
+16%
|
-1.57
+28%
|
-0.82
+48%
|
-0.36
+56%
|
0.26
N/A
|
0.34
+31%
|
0.42
+24%
|
0.5
+19%
|
0.43
-14%
|
0.45
+5%
|
0.37
-18%
|
0.33
-11%
|
0.29
-12%
|
0.26
-10%
|
0.2
-23%
|
0.13
-35%
|
0.14
+8%
|
0.11
-21%
|
0.05
-55%
|
0.08
+60%
|
|