Hiwin Technologies Corp
TWSE:2049
Income Statement
Earnings Waterfall
Hiwin Technologies Corp
Income Statement
Hiwin Technologies Corp
| 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 |
91
|
84
|
73
|
66
|
62
|
60
|
55
|
53
|
51
|
50
|
52
|
56
|
68
|
85
|
106
|
126
|
139
|
149
|
149
|
154
|
160
|
165
|
172
|
174
|
172
|
171
|
171
|
168
|
167
|
165
|
160
|
154
|
145
|
137
|
131
|
128
|
133
|
140
|
147
|
155
|
163
|
178
|
197
|
220
|
229
|
227
|
221
|
205
|
191
|
178
|
169
|
168
|
176
|
185
|
187
|
190
|
191
|
190
|
195
|
189
|
183
|
180
|
178
|
185
|
191
|
198
|
|
| Revenue |
4 731
N/A
|
4 033
-15%
|
4 374
+8%
|
5 321
+22%
|
6 489
+22%
|
7 945
+22%
|
9 488
+19%
|
11 010
+16%
|
12 939
+18%
|
14 559
+13%
|
15 819
+9%
|
15 204
-4%
|
14 804
-3%
|
13 600
-8%
|
12 372
-9%
|
12 092
-2%
|
11 208
-7%
|
11 583
+3%
|
12 443
+7%
|
13 081
+5%
|
13 816
+6%
|
14 672
+6%
|
15 087
+3%
|
15 713
+4%
|
16 497
+5%
|
16 016
-3%
|
14 881
-7%
|
14 228
-4%
|
14 258
+0%
|
14 718
+3%
|
16 118
+10%
|
17 434
+8%
|
18 184
+4%
|
19 579
+8%
|
21 165
+8%
|
23 418
+11%
|
26 096
+11%
|
28 833
+10%
|
29 333
+2%
|
27 828
-5%
|
26 134
-6%
|
22 844
-13%
|
20 210
-12%
|
18 776
-7%
|
18 318
-2%
|
19 130
+4%
|
21 267
+11%
|
23 644
+11%
|
25 064
+6%
|
26 721
+7%
|
27 265
+2%
|
28 840
+6%
|
30 027
+4%
|
30 418
+1%
|
29 315
-4%
|
27 482
-6%
|
25 830
-6%
|
24 467
-5%
|
24 633
+1%
|
24 405
-1%
|
24 005
-2%
|
23 774
-1%
|
24 392
+3%
|
24 724
+1%
|
24 467
-1%
|
24 135
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 040)
|
(2 645)
|
(2 995)
|
(3 565)
|
(4 274)
|
(5 094)
|
(5 849)
|
(6 718)
|
(7 787)
|
(8 607)
|
(9 323)
|
(8 831)
|
(8 559)
|
(8 047)
|
(7 639)
|
(7 686)
|
(7 227)
|
(7 469)
|
(7 835)
|
(8 104)
|
(8 512)
|
(9 019)
|
(9 297)
|
(9 696)
|
(10 318)
|
(10 181)
|
(9 547)
|
(9 304)
|
(9 397)
|
(9 755)
|
(10 816)
|
(11 759)
|
(12 251)
|
(12 980)
|
(13 582)
|
(14 599)
|
(15 809)
|
(17 183)
|
(17 704)
|
(16 965)
|
(16 290)
|
(14 700)
|
(13 435)
|
(12 967)
|
(13 136)
|
(13 981)
|
(15 476)
|
(16 841)
|
(17 283)
|
(17 733)
|
(17 450)
|
(18 157)
|
(18 734)
|
(19 036)
|
(18 599)
|
(17 797)
|
(17 085)
|
(16 505)
|
(16 978)
|
(16 903)
|
(16 770)
|
(16 776)
|
(17 174)
|
(17 352)
|
(17 281)
|
(17 180)
|
|
| Gross Profit |
1 691
N/A
|
1 389
-18%
|
1 379
-1%
|
1 756
+27%
|
2 215
+26%
|
2 851
+29%
|
3 639
+28%
|
4 292
+18%
|
5 153
+20%
|
5 952
+16%
|
6 497
+9%
|
6 373
-2%
|
6 245
-2%
|
5 553
-11%
|
4 733
-15%
|
4 406
-7%
|
3 982
-10%
|
4 114
+3%
|
4 608
+12%
|
4 978
+8%
|
5 305
+7%
|
5 653
+7%
|
5 791
+2%
|
6 017
+4%
|
6 179
+3%
|
5 835
-6%
|
5 334
-9%
|
4 924
-8%
|
4 861
-1%
|
4 963
+2%
|
5 302
+7%
|
5 675
+7%
|
5 934
+5%
|
6 600
+11%
|
7 583
+15%
|
8 819
+16%
|
10 287
+17%
|
11 650
+13%
|
11 630
0%
|
10 863
-7%
|
9 844
-9%
|
8 143
-17%
|
6 775
-17%
|
5 809
-14%
|
5 182
-11%
|
5 149
-1%
|
5 790
+12%
|
6 803
+17%
|
7 781
+14%
|
8 988
+16%
|
9 815
+9%
|
10 683
+9%
|
11 293
+6%
|
11 381
+1%
|
10 715
-6%
|
9 686
-10%
|
8 745
-10%
|
7 962
-9%
|
7 655
-4%
|
7 502
-2%
|
7 235
-4%
|
6 997
-3%
|
7 218
+3%
|
7 371
+2%
|
7 185
-3%
|
6 955
-3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1 155)
|
(1 070)
|
(1 055)
|
(1 120)
|
(1 237)
|
(1 336)
|
(1 498)
|
(1 612)
|
(1 715)
|
(1 799)
|
(1 931)
|
(2 059)
|
(2 113)
|
(2 052)
|
(1 959)
|
(2 203)
|
(2 163)
|
(2 183)
|
(2 239)
|
(2 191)
|
(2 494)
|
(2 685)
|
(2 943)
|
(3 074)
|
(3 181)
|
(3 337)
|
(3 431)
|
(3 573)
|
(3 620)
|
(3 695)
|
(3 851)
|
(3 930)
|
(4 005)
|
(4 137)
|
(4 238)
|
(5 074)
|
(5 255)
|
(4 885)
|
(5 210)
|
(5 509)
|
(5 432)
|
(5 239)
|
(4 374)
|
(4 288)
|
(3 999)
|
(3 944)
|
(4 058)
|
(4 129)
|
(4 413)
|
(4 570)
|
(4 701)
|
(5 320)
|
(5 514)
|
(5 643)
|
(5 143)
|
(5 103)
|
(5 047)
|
(4 990)
|
(5 004)
|
(5 020)
|
(5 056)
|
(4 827)
|
(5 159)
|
(5 295)
|
(5 266)
|
(5 310)
|
|
| Selling, General & Administrative |
(1 012)
|
(946)
|
(930)
|
(970)
|
(1 061)
|
(1 131)
|
(1 261)
|
(1 349)
|
(1 455)
|
(1 546)
|
(1 663)
|
(1 677)
|
(1 699)
|
(1 689)
|
(1 568)
|
(1 744)
|
(1 647)
|
(1 647)
|
(1 682)
|
(1 576)
|
(1 825)
|
(1 935)
|
(2 135)
|
(2 229)
|
(2 305)
|
(2 445)
|
(2 532)
|
(2 639)
|
(2 709)
|
(2 793)
|
(2 919)
|
(2 945)
|
(2 993)
|
(3 024)
|
(3 046)
|
(3 261)
|
(3 380)
|
(3 536)
|
(3 824)
|
(3 743)
|
(3 701)
|
(3 591)
|
(3 273)
|
(3 206)
|
(3 015)
|
(2 975)
|
(3 044)
|
(3 142)
|
(3 352)
|
(3 499)
|
(3 642)
|
(3 765)
|
(3 910)
|
(3 989)
|
(4 014)
|
(3 998)
|
(4 014)
|
(4 019)
|
(4 061)
|
(4 076)
|
(4 107)
|
(4 134)
|
(4 196)
|
(4 294)
|
(4 263)
|
(4 292)
|
|
| Research & Development |
(145)
|
(127)
|
(127)
|
(149)
|
(176)
|
(205)
|
(237)
|
(245)
|
(253)
|
(252)
|
(268)
|
(282)
|
(314)
|
(363)
|
(391)
|
(422)
|
(479)
|
(499)
|
(557)
|
(615)
|
(670)
|
(750)
|
(807)
|
(836)
|
(876)
|
(892)
|
(899)
|
(920)
|
(911)
|
(903)
|
(932)
|
(977)
|
(1 003)
|
(1 104)
|
(1 191)
|
(1 264)
|
(1 326)
|
(1 349)
|
(1 386)
|
(1 342)
|
(1 307)
|
(1 225)
|
(1 101)
|
(1 047)
|
(984)
|
(969)
|
(1 014)
|
(723)
|
(751)
|
(761)
|
(1 059)
|
(1 056)
|
(1 104)
|
(1 155)
|
(1 129)
|
(1 105)
|
(1 033)
|
(971)
|
(943)
|
(944)
|
(949)
|
(944)
|
(963)
|
(1 000)
|
(1 002)
|
(1 018)
|
|
| Other Operating Expenses |
3
|
3
|
2
|
0
|
0
|
0
|
0
|
(17)
|
(7)
|
0
|
0
|
(100)
|
(100)
|
0
|
0
|
(37)
|
(37)
|
(37)
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(9)
|
(9)
|
(9)
|
0
|
(549)
|
(549)
|
0
|
0
|
(424)
|
(424)
|
(424)
|
0
|
(35)
|
0
|
0
|
0
|
(264)
|
(310)
|
(310)
|
0
|
(500)
|
(500)
|
(500)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
251
|
0
|
0
|
0
|
0
|
|
| Operating Income |
536
N/A
|
319
-41%
|
323
+1%
|
635
+97%
|
979
+54%
|
1 516
+55%
|
2 141
+41%
|
2 680
+25%
|
3 437
+28%
|
4 153
+21%
|
4 566
+10%
|
4 314
-6%
|
4 132
-4%
|
3 501
-15%
|
2 774
-21%
|
2 202
-21%
|
1 819
-17%
|
1 931
+6%
|
2 369
+23%
|
2 787
+18%
|
2 811
+1%
|
2 968
+6%
|
2 848
-4%
|
2 942
+3%
|
2 998
+2%
|
2 499
-17%
|
1 903
-24%
|
1 351
-29%
|
1 241
-8%
|
1 267
+2%
|
1 451
+14%
|
1 745
+20%
|
1 928
+10%
|
2 462
+28%
|
3 345
+36%
|
3 745
+12%
|
5 032
+34%
|
6 766
+34%
|
6 419
-5%
|
5 354
-17%
|
4 411
-18%
|
2 904
-34%
|
2 401
-17%
|
1 520
-37%
|
1 183
-22%
|
1 205
+2%
|
1 732
+44%
|
2 675
+54%
|
3 368
+26%
|
4 418
+31%
|
5 115
+16%
|
5 363
+5%
|
5 779
+8%
|
5 738
-1%
|
5 572
-3%
|
4 583
-18%
|
3 698
-19%
|
2 972
-20%
|
2 651
-11%
|
2 482
-6%
|
2 179
-12%
|
2 171
0%
|
2 059
-5%
|
2 078
+1%
|
1 920
-8%
|
1 646
-14%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(193)
|
(175)
|
(81)
|
(100)
|
(117)
|
(105)
|
(191)
|
(115)
|
(89)
|
(24)
|
36
|
(70)
|
(62)
|
(195)
|
(206)
|
(77)
|
(63)
|
(14)
|
64
|
55
|
(77)
|
(60)
|
41
|
(155)
|
(126)
|
115
|
(179)
|
(85)
|
(124)
|
(523)
|
(467)
|
(609)
|
(425)
|
(228)
|
(109)
|
129
|
30
|
(93)
|
(42)
|
(66)
|
(34)
|
(164)
|
(334)
|
(446)
|
(506)
|
(241)
|
(34)
|
(104)
|
(91)
|
(178)
|
(299)
|
40
|
8
|
148
|
227
|
51
|
23
|
58
|
(62)
|
(1)
|
145
|
118
|
101
|
175
|
(294)
|
(251)
|
|
| Non-Reccuring Items |
(2)
|
(2)
|
(3)
|
0
|
(13)
|
(13)
|
(18)
|
0
|
0
|
(107)
|
(100)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
(19)
|
(23)
|
(14)
|
0
|
(5)
|
0
|
(9)
|
0
|
0
|
0
|
(548)
|
0
|
0
|
(549)
|
(424)
|
0
|
0
|
0
|
(35)
|
0
|
13
|
13
|
46
|
0
|
(2)
|
(2)
|
(500)
|
0
|
0
|
0
|
0
|
0
|
0
|
(251)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
(2)
|
0
|
1
|
1
|
1
|
0
|
1
|
(1)
|
1
|
1
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(19)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
337
|
340
|
0
|
0
|
1
|
(44)
|
(39)
|
(170)
|
(162)
|
(123)
|
(124)
|
6
|
(2)
|
(166)
|
(171)
|
(180)
|
(200)
|
(39)
|
(36)
|
(28)
|
(17)
|
|
| Total Other Income |
38
|
41
|
44
|
48
|
40
|
44
|
32
|
38
|
36
|
46
|
32
|
33
|
61
|
41
|
58
|
37
|
35
|
53
|
71
|
79
|
67
|
58
|
32
|
39
|
39
|
58
|
143
|
116
|
141
|
161
|
215
|
226
|
247
|
220
|
124
|
116
|
67
|
109
|
143
|
154
|
241
|
218
|
179
|
168
|
164
|
166
|
219
|
568
|
522
|
244
|
204
|
200
|
172
|
149
|
142
|
142
|
152
|
58
|
117
|
123
|
110
|
162
|
128
|
150
|
146
|
149
|
|
| Pre-Tax Income |
377
N/A
|
182
-52%
|
283
+55%
|
584
+107%
|
890
+52%
|
1 443
+62%
|
1 966
+36%
|
2 602
+32%
|
3 385
+30%
|
4 068
+20%
|
4 530
+11%
|
4 277
-6%
|
4 131
-3%
|
3 348
-19%
|
2 588
-23%
|
2 161
-16%
|
1 790
-17%
|
1 970
+10%
|
2 504
+27%
|
2 921
+17%
|
2 801
-4%
|
2 966
+6%
|
2 911
-2%
|
2 826
-3%
|
2 893
+2%
|
2 636
-9%
|
1 834
-30%
|
1 382
-25%
|
1 254
-9%
|
905
-28%
|
1 190
+31%
|
1 362
+14%
|
1 750
+29%
|
2 454
+40%
|
2 812
+15%
|
3 990
+42%
|
5 129
+29%
|
6 233
+22%
|
6 096
-2%
|
5 443
-11%
|
4 619
-15%
|
2 958
-36%
|
2 210
-25%
|
1 242
-44%
|
854
-31%
|
1 479
+73%
|
2 303
+56%
|
3 138
+36%
|
3 798
+21%
|
4 481
+18%
|
4 475
0%
|
5 564
+24%
|
5 789
+4%
|
5 874
+1%
|
5 818
-1%
|
4 651
-20%
|
3 879
-17%
|
2 834
-27%
|
2 540
-10%
|
2 433
-4%
|
2 253
-7%
|
2 251
0%
|
2 250
0%
|
2 366
+5%
|
1 744
-26%
|
1 527
-12%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(40)
|
(24)
|
(4)
|
(64)
|
(92)
|
(166)
|
(278)
|
(354)
|
(567)
|
(706)
|
(721)
|
(703)
|
(825)
|
(694)
|
(662)
|
(602)
|
(435)
|
(468)
|
(591)
|
(686)
|
(684)
|
(735)
|
(644)
|
(598)
|
(592)
|
(534)
|
(440)
|
(376)
|
(292)
|
(239)
|
(229)
|
(274)
|
(351)
|
(452)
|
(561)
|
(789)
|
(1 063)
|
(1 342)
|
(1 206)
|
(1 137)
|
(1 044)
|
(711)
|
(569)
|
(356)
|
(222)
|
(303)
|
(605)
|
(769)
|
(952)
|
(1 205)
|
(1 320)
|
(1 555)
|
(1 587)
|
(1 592)
|
(1 506)
|
(1 271)
|
(1 098)
|
(895)
|
(709)
|
(643)
|
(486)
|
(387)
|
(387)
|
(407)
|
(238)
|
(241)
|
|
| Income from Continuing Operations |
337
|
158
|
279
|
520
|
797
|
1 277
|
1 689
|
2 248
|
2 818
|
3 363
|
3 809
|
3 573
|
3 306
|
2 654
|
1 926
|
1 560
|
1 355
|
1 502
|
1 913
|
2 235
|
2 117
|
2 231
|
2 267
|
2 228
|
2 301
|
2 103
|
1 395
|
1 007
|
962
|
666
|
961
|
1 088
|
1 399
|
2 002
|
2 252
|
3 201
|
4 066
|
4 891
|
4 890
|
4 306
|
3 574
|
2 247
|
1 641
|
886
|
632
|
1 177
|
1 699
|
2 369
|
2 846
|
3 276
|
3 155
|
4 009
|
4 202
|
4 282
|
4 312
|
3 380
|
2 782
|
1 940
|
1 832
|
1 790
|
1 768
|
1 863
|
1 863
|
1 959
|
1 505
|
1 285
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
29
|
55
|
77
|
88
|
98
|
98
|
109
|
122
|
133
|
140
|
138
|
158
|
185
|
219
|
248
|
264
|
278
|
301
|
366
|
381
|
381
|
352
|
486
|
466
|
459
|
477
|
502
|
491
|
475
|
449
|
224
|
228
|
231
|
224
|
231
|
224
|
232
|
232
|
378
|
358
|
340
|
330
|
168
|
177
|
176
|
222
|
203
|
195
|
174
|
111
|
109
|
99
|
107
|
109
|
|
| Net Income (Common) |
337
N/A
|
158
-53%
|
279
+77%
|
520
+86%
|
797
+53%
|
1 277
+60%
|
1 689
+32%
|
2 248
+33%
|
2 818
+25%
|
3 363
+19%
|
3 809
+13%
|
3 585
-6%
|
3 335
-7%
|
2 709
-19%
|
2 003
-26%
|
1 648
-18%
|
1 452
-12%
|
1 599
+10%
|
2 022
+26%
|
2 357
+17%
|
2 250
-5%
|
2 372
+5%
|
2 405
+1%
|
2 386
-1%
|
2 486
+4%
|
2 322
-7%
|
1 642
-29%
|
1 271
-23%
|
1 239
-2%
|
968
-22%
|
1 327
+37%
|
1 469
+11%
|
1 780
+21%
|
2 354
+32%
|
2 738
+16%
|
3 668
+34%
|
4 525
+23%
|
5 369
+19%
|
5 392
+0%
|
4 797
-11%
|
4 050
-16%
|
2 696
-33%
|
1 865
-31%
|
1 114
-40%
|
863
-23%
|
1 401
+62%
|
1 930
+38%
|
2 593
+34%
|
3 078
+19%
|
3 508
+14%
|
3 532
+1%
|
4 367
+24%
|
4 542
+4%
|
4 612
+2%
|
4 479
-3%
|
3 557
-21%
|
2 957
-17%
|
2 162
-27%
|
2 035
-6%
|
1 985
-2%
|
1 941
-2%
|
1 974
+2%
|
1 972
0%
|
2 059
+4%
|
1 612
-22%
|
1 394
-14%
|
|
| EPS (Diluted) |
1.22
N/A
|
0.54
-56%
|
0.97
+80%
|
1.74
+79%
|
2.65
+52%
|
4.23
+60%
|
5.62
+33%
|
7.47
+33%
|
9.37
+25%
|
11.1
+18%
|
12.64
+14%
|
11.89
-6%
|
10.91
-8%
|
9.02
-17%
|
6.66
-26%
|
5.48
-18%
|
4.84
-12%
|
5.33
+10%
|
6.73
+26%
|
7.85
+17%
|
7.49
-5%
|
7.89
+5%
|
8.01
+2%
|
7.94
-1%
|
8.27
+4%
|
7.73
-7%
|
5.25
-32%
|
4.23
-19%
|
4.13
-2%
|
3.22
-22%
|
4.08
+27%
|
4.89
+20%
|
5.93
+21%
|
7.84
+32%
|
8.42
+7%
|
12.22
+45%
|
15.18
+24%
|
17.68
+16%
|
16.39
-7%
|
15.49
-5%
|
12.68
-18%
|
8.36
-34%
|
5.55
-34%
|
3.48
-37%
|
2.6
-25%
|
4.21
+62%
|
5.79
+38%
|
7.59
+31%
|
8.92
+18%
|
10.15
+14%
|
10.22
+1%
|
12.64
+24%
|
13.14
+4%
|
13.5
+3%
|
12.89
-5%
|
10.02
-22%
|
8.34
-17%
|
6.09
-27%
|
5.74
-6%
|
5.6
-2%
|
5.48
-2%
|
5.57
+2%
|
5.56
0%
|
5.81
+4%
|
4.55
-22%
|
3.93
-14%
|
|