Chung Hwa Chemical Industrial Works Ltd
TWSE:1727
Income Statement
Earnings Waterfall
Chung Hwa Chemical Industrial Works Ltd
Income Statement
Chung Hwa Chemical Industrial Works 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 |
10
|
9
|
7
|
4
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
5
|
5
|
6
|
6
|
6
|
6
|
5
|
6
|
5
|
5
|
5
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
7
|
8
|
8
|
8
|
9
|
9
|
9
|
9
|
9
|
10
|
10
|
11
|
5
|
3
|
2
|
0
|
6
|
4
|
4
|
3
|
5
|
4
|
5
|
6
|
8
|
9
|
10
|
8
|
6
|
5
|
3
|
3
|
2
|
1
|
0
|
1
|
|
| Revenue |
2 139
N/A
|
1 974
-8%
|
1 679
-15%
|
1 333
-21%
|
1 251
-6%
|
1 359
+9%
|
1 509
+11%
|
1 644
+9%
|
1 801
+10%
|
1 905
+6%
|
1 982
+4%
|
2 051
+3%
|
2 073
+1%
|
2 094
+1%
|
2 122
+1%
|
2 188
+3%
|
2 195
+0%
|
2 204
+0%
|
2 161
-2%
|
2 072
-4%
|
2 080
+0%
|
2 033
-2%
|
2 114
+4%
|
2 168
+3%
|
2 226
+3%
|
2 291
+3%
|
2 275
-1%
|
2 237
-2%
|
2 200
-2%
|
2 166
-2%
|
2 074
-4%
|
2 060
-1%
|
2 100
+2%
|
2 158
+3%
|
2 247
+4%
|
2 376
+6%
|
2 450
+3%
|
2 585
+6%
|
2 651
+3%
|
2 662
+0%
|
2 648
-1%
|
2 509
-5%
|
2 458
-2%
|
2 378
-3%
|
2 172
-9%
|
3 827
+76%
|
3 654
-5%
|
3 509
-4%
|
1 773
-49%
|
3 054
+72%
|
3 092
+1%
|
3 177
+3%
|
2 013
-37%
|
2 184
+9%
|
2 279
+4%
|
2 349
+3%
|
2 307
-2%
|
2 148
-7%
|
2 014
-6%
|
1 865
-7%
|
1 724
-8%
|
1 738
+1%
|
1 851
+7%
|
2 007
+8%
|
2 083
+4%
|
2 079
0%
|
2 062
-1%
|
1 986
-4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 780)
|
(1 694)
|
(1 438)
|
(1 141)
|
(1 052)
|
(1 127)
|
(1 242)
|
(1 353)
|
(1 481)
|
(1 579)
|
(1 652)
|
(1 719)
|
(1 752)
|
(1 774)
|
(1 810)
|
(1 868)
|
(1 868)
|
(1 873)
|
(1 837)
|
(1 746)
|
(1 752)
|
(1 710)
|
(1 778)
|
(1 852)
|
(1 910)
|
(1 982)
|
(1 979)
|
(1 933)
|
(1 903)
|
(1 865)
|
(1 773)
|
(1 757)
|
(1 789)
|
(1 853)
|
(1 945)
|
(2 073)
|
(2 141)
|
(2 249)
|
(2 301)
|
(2 309)
|
(2 305)
|
(2 209)
|
(2 174)
|
(2 103)
|
(1 914)
|
(3 369)
|
(3 237)
|
(3 122)
|
(1 579)
|
(2 706)
|
(2 673)
|
(2 714)
|
(1 640)
|
(1 790)
|
(1 932)
|
(2 047)
|
(2 025)
|
(1 924)
|
(1 783)
|
(1 632)
|
(1 531)
|
(1 550)
|
(1 637)
|
(1 749)
|
(1 813)
|
(1 805)
|
(1 812)
|
(1 773)
|
|
| Gross Profit |
358
N/A
|
280
-22%
|
241
-14%
|
192
-20%
|
199
+4%
|
233
+17%
|
267
+15%
|
291
+9%
|
320
+10%
|
327
+2%
|
330
+1%
|
332
+1%
|
321
-3%
|
320
0%
|
312
-2%
|
320
+2%
|
327
+2%
|
331
+1%
|
324
-2%
|
326
+1%
|
329
+1%
|
324
-2%
|
336
+4%
|
316
-6%
|
317
+0%
|
309
-3%
|
296
-4%
|
304
+3%
|
297
-2%
|
300
+1%
|
301
+0%
|
303
+1%
|
310
+2%
|
305
-2%
|
301
-1%
|
304
+1%
|
309
+2%
|
336
+9%
|
350
+4%
|
353
+1%
|
343
-3%
|
300
-12%
|
284
-6%
|
275
-3%
|
258
-6%
|
458
+77%
|
417
-9%
|
387
-7%
|
194
-50%
|
348
+80%
|
420
+21%
|
462
+10%
|
373
-19%
|
395
+6%
|
347
-12%
|
302
-13%
|
282
-7%
|
224
-21%
|
231
+3%
|
233
+1%
|
193
-17%
|
187
-3%
|
214
+14%
|
259
+21%
|
270
+5%
|
274
+1%
|
250
-8%
|
214
-15%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(153)
|
(154)
|
(134)
|
(129)
|
(129)
|
(125)
|
(144)
|
(151)
|
(168)
|
(177)
|
(182)
|
(185)
|
(176)
|
(212)
|
(212)
|
(217)
|
(177)
|
(184)
|
(188)
|
(187)
|
(196)
|
(193)
|
(194)
|
(191)
|
(186)
|
(184)
|
(180)
|
(180)
|
(180)
|
(182)
|
(185)
|
(191)
|
(213)
|
(203)
|
(206)
|
(204)
|
(202)
|
(212)
|
(216)
|
(224)
|
(232)
|
(230)
|
(237)
|
(233)
|
(205)
|
(365)
|
(480)
|
(339)
|
(182)
|
(324)
|
(331)
|
(340)
|
(214)
|
(217)
|
(220)
|
(221)
|
(217)
|
(206)
|
(198)
|
(189)
|
(191)
|
(191)
|
(199)
|
(209)
|
(200)
|
(204)
|
(206)
|
(201)
|
|
| Selling, General & Administrative |
(141)
|
(141)
|
(122)
|
(118)
|
(118)
|
(113)
|
(131)
|
(137)
|
(152)
|
(159)
|
(162)
|
(163)
|
(155)
|
(153)
|
(154)
|
(159)
|
(159)
|
(163)
|
(164)
|
(159)
|
(163)
|
(163)
|
(166)
|
(166)
|
(164)
|
(162)
|
(159)
|
(161)
|
(164)
|
(166)
|
(166)
|
(169)
|
(186)
|
(183)
|
(186)
|
(185)
|
(173)
|
(181)
|
(182)
|
(188)
|
(190)
|
(189)
|
(191)
|
(189)
|
(167)
|
(300)
|
(292)
|
(286)
|
(157)
|
(278)
|
(284)
|
(292)
|
(185)
|
(193)
|
(196)
|
(196)
|
(192)
|
(182)
|
(173)
|
(164)
|
(165)
|
(166)
|
(174)
|
(184)
|
(174)
|
(179)
|
(182)
|
(180)
|
|
| Research & Development |
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(13)
|
(13)
|
(14)
|
(16)
|
(18)
|
(20)
|
(21)
|
(21)
|
(20)
|
(18)
|
(18)
|
(18)
|
(20)
|
(23)
|
(27)
|
(31)
|
(29)
|
(27)
|
(24)
|
(21)
|
(21)
|
(20)
|
(18)
|
(16)
|
(14)
|
(18)
|
(21)
|
(26)
|
(28)
|
(28)
|
(28)
|
(29)
|
(32)
|
(34)
|
(37)
|
(41)
|
(40)
|
(44)
|
(43)
|
(39)
|
(65)
|
(56)
|
(52)
|
(25)
|
(20)
|
(21)
|
(22)
|
(28)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(23)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(25)
|
(23)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
(39)
|
(39)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
9
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(131)
|
0
|
0
|
(25)
|
(25)
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
205
N/A
|
126
-39%
|
106
-15%
|
63
-41%
|
70
+11%
|
108
+54%
|
123
+14%
|
140
+14%
|
152
+9%
|
150
-2%
|
148
-1%
|
147
0%
|
145
-1%
|
108
-26%
|
100
-7%
|
103
+3%
|
149
+45%
|
147
-1%
|
136
-7%
|
139
+2%
|
133
-4%
|
131
-2%
|
142
+9%
|
125
-12%
|
131
+4%
|
125
-5%
|
116
-7%
|
124
+7%
|
117
-6%
|
119
+2%
|
117
-2%
|
113
-3%
|
97
-13%
|
102
+5%
|
96
-6%
|
99
+4%
|
106
+7%
|
124
+16%
|
135
+8%
|
129
-4%
|
111
-14%
|
70
-37%
|
47
-33%
|
42
-12%
|
53
+27%
|
93
+76%
|
(63)
N/A
|
48
N/A
|
11
-77%
|
24
+110%
|
89
+277%
|
122
+37%
|
159
+30%
|
177
+12%
|
126
-29%
|
81
-35%
|
65
-20%
|
18
-72%
|
34
+87%
|
44
+32%
|
2
-95%
|
(3)
N/A
|
15
N/A
|
49
+228%
|
70
+43%
|
69
-3%
|
44
-36%
|
11
-74%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(7)
|
(7)
|
(5)
|
(2)
|
(1)
|
(0)
|
0
|
(1)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(5)
|
(8)
|
(8)
|
(11)
|
(8)
|
(15)
|
(14)
|
(13)
|
(13)
|
(5)
|
(7)
|
(8)
|
(11)
|
(11)
|
(11)
|
(13)
|
(4)
|
(14)
|
(13)
|
(5)
|
(5)
|
(5)
|
(4)
|
(8)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(8)
|
(11)
|
(5)
|
(3)
|
(0)
|
5
|
1
|
3
|
2
|
1
|
1
|
|
| Non-Reccuring Items |
(11)
|
(8)
|
(4)
|
(4)
|
0
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(131)
|
0
|
(131)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
(2)
|
(7)
|
(7)
|
(2)
|
0
|
0
|
(1)
|
(4)
|
(4)
|
(4)
|
(4)
|
36
|
38
|
38
|
38
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
9
|
8
|
7
|
5
|
(3)
|
0
|
(2)
|
(0)
|
(1)
|
0
|
(1)
|
30
|
33
|
33
|
33
|
6
|
5
|
4
|
5
|
2
|
2
|
3
|
2
|
1
|
1
|
1
|
0
|
1
|
1
|
|
| Total Other Income |
(49)
|
(6)
|
(6)
|
(3)
|
11
|
12
|
11
|
7
|
6
|
5
|
3
|
5
|
(2)
|
(2)
|
(3)
|
(7)
|
(6)
|
(5)
|
(5)
|
(4)
|
3
|
4
|
6
|
8
|
4
|
6
|
5
|
5
|
2
|
2
|
7
|
10
|
21
|
24
|
22
|
23
|
15
|
17
|
19
|
18
|
21
|
20
|
21
|
20
|
17
|
158
|
151
|
150
|
12
|
21
|
(10)
|
(12)
|
(22)
|
(29)
|
3
|
3
|
3
|
3
|
9
|
8
|
9
|
8
|
2
|
1
|
1
|
0
|
1
|
2
|
|
| Pre-Tax Income |
139
N/A
|
102
-26%
|
85
-17%
|
48
-44%
|
78
+63%
|
117
+50%
|
130
+12%
|
144
+10%
|
154
+7%
|
148
-4%
|
145
-2%
|
145
+0%
|
138
-5%
|
140
+1%
|
132
-6%
|
131
-1%
|
138
+6%
|
137
-1%
|
125
-9%
|
129
+3%
|
132
+3%
|
131
-1%
|
145
+11%
|
130
-10%
|
133
+2%
|
128
-4%
|
118
-8%
|
127
+8%
|
114
-10%
|
114
-1%
|
116
+2%
|
112
-4%
|
119
+7%
|
111
-7%
|
103
-7%
|
108
+5%
|
110
+1%
|
135
+23%
|
148
+9%
|
148
+0%
|
129
-13%
|
87
-33%
|
62
-28%
|
45
-28%
|
66
+47%
|
103
+57%
|
74
-28%
|
61
-19%
|
19
-69%
|
38
+103%
|
104
+172%
|
135
+30%
|
165
+22%
|
177
+7%
|
131
-26%
|
86
-35%
|
65
-24%
|
18
-72%
|
34
+82%
|
50
+48%
|
10
-79%
|
7
-36%
|
23
+248%
|
54
+134%
|
75
+40%
|
72
-4%
|
48
-33%
|
16
-68%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(33)
|
(26)
|
(26)
|
(20)
|
(23)
|
(30)
|
(30)
|
(31)
|
(29)
|
(28)
|
(25)
|
(25)
|
(24)
|
(24)
|
(22)
|
(27)
|
(27)
|
(27)
|
(27)
|
(21)
|
(24)
|
(24)
|
(25)
|
(25)
|
(21)
|
(17)
|
(15)
|
(17)
|
(16)
|
(20)
|
(23)
|
(22)
|
(21)
|
(17)
|
(15)
|
(14)
|
(14)
|
(21)
|
(24)
|
(33)
|
(29)
|
(22)
|
(15)
|
(4)
|
(16)
|
(21)
|
(15)
|
(14)
|
(2)
|
(4)
|
(18)
|
(25)
|
(31)
|
(32)
|
(30)
|
(21)
|
(18)
|
(10)
|
1
|
1
|
8
|
11
|
1
|
(8)
|
(12)
|
(14)
|
(10)
|
(3)
|
|
| Income from Continuing Operations |
106
|
76
|
59
|
28
|
55
|
87
|
100
|
113
|
125
|
121
|
120
|
121
|
114
|
116
|
110
|
104
|
111
|
111
|
98
|
108
|
108
|
107
|
120
|
106
|
112
|
112
|
103
|
110
|
98
|
93
|
93
|
90
|
98
|
93
|
87
|
94
|
96
|
115
|
124
|
115
|
100
|
64
|
47
|
41
|
50
|
83
|
59
|
47
|
17
|
34
|
87
|
111
|
134
|
145
|
101
|
64
|
47
|
8
|
34
|
50
|
19
|
18
|
24
|
46
|
63
|
57
|
38
|
12
|
|
| Income to Minority Interest |
2
|
3
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
10
|
9
|
9
|
9
|
2
|
1
|
1
|
2
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
1
|
2
|
1
|
2
|
15
|
16
|
17
|
16
|
17
|
14
|
11
|
(7)
|
(6)
|
(8)
|
(6)
|
(7)
|
(7)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
108
N/A
|
79
-26%
|
63
-21%
|
31
-50%
|
57
+83%
|
90
+57%
|
103
+14%
|
116
+13%
|
128
+10%
|
123
-4%
|
122
-1%
|
122
+0%
|
124
+1%
|
125
+1%
|
119
-5%
|
113
-5%
|
113
0%
|
112
-1%
|
99
-12%
|
109
+10%
|
109
0%
|
108
-1%
|
120
+11%
|
105
-12%
|
110
+5%
|
111
+0%
|
102
-7%
|
110
+7%
|
99
-10%
|
94
-5%
|
93
-1%
|
90
-3%
|
98
+8%
|
92
-6%
|
86
-6%
|
92
+6%
|
92
+1%
|
110
+19%
|
120
+9%
|
113
-6%
|
99
-12%
|
65
-34%
|
49
-25%
|
42
-14%
|
33
-21%
|
(64)
N/A
|
(96)
-49%
|
(125)
-30%
|
(138)
-11%
|
(135)
+2%
|
(53)
+61%
|
(0)
+99%
|
201
N/A
|
203
+1%
|
175
-14%
|
127
-27%
|
120
-6%
|
110
-8%
|
92
-17%
|
108
+18%
|
44
-60%
|
13
-69%
|
25
+90%
|
46
+81%
|
63
+37%
|
57
-9%
|
38
-34%
|
12
-68%
|
|
| EPS (Diluted) |
0.98
N/A
|
0.71
-28%
|
0.56
-21%
|
0.27
-52%
|
0.52
+93%
|
0.81
+56%
|
0.93
+15%
|
1.06
+14%
|
1.16
+9%
|
1.12
-3%
|
1.11
-1%
|
1.11
N/A
|
1.12
+1%
|
1.14
+2%
|
1.08
-5%
|
1.03
-5%
|
1.02
-1%
|
1.02
N/A
|
0.91
-11%
|
1
+10%
|
0.99
-1%
|
0.98
-1%
|
1.08
+10%
|
0.95
-12%
|
1
+5%
|
1
N/A
|
0.93
-7%
|
0.99
+6%
|
0.9
-9%
|
0.85
-6%
|
0.84
-1%
|
0.82
-2%
|
0.88
+7%
|
0.83
-6%
|
0.78
-6%
|
0.83
+6%
|
0.84
+1%
|
1
+19%
|
1.09
+9%
|
1.02
-6%
|
0.9
-12%
|
0.59
-34%
|
0.44
-25%
|
0.38
-14%
|
0.3
-21%
|
-0.58
N/A
|
-0.86
-48%
|
-1.13
-31%
|
-1.25
-11%
|
-1.24
+1%
|
-0.48
+61%
|
0
N/A
|
1.85
N/A
|
1.87
+1%
|
1.61
-14%
|
1.17
-27%
|
1.05
-10%
|
0.85
-19%
|
0.71
-16%
|
0.95
+34%
|
0.38
-60%
|
0.11
-71%
|
0.19
+73%
|
0.35
+84%
|
0.51
+46%
|
0.45
-12%
|
0.29
-36%
|
0.09
-69%
|
|