Nankang Rubber Tire Corp Ltd
TWSE:2101
Income Statement
Earnings Waterfall
Nankang Rubber Tire Corp Ltd
Income Statement
Nankang Rubber Tire Corp 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 |
248
|
252
|
254
|
225
|
185
|
164
|
142
|
134
|
131
|
133
|
134
|
136
|
157
|
185
|
206
|
215
|
204
|
174
|
149
|
133
|
124
|
124
|
126
|
127
|
125
|
120
|
115
|
113
|
111
|
107
|
100
|
91
|
89
|
92
|
99
|
107
|
112
|
117
|
120
|
121
|
123
|
128
|
131
|
135
|
134
|
128
|
117
|
107
|
99
|
92
|
90
|
90
|
92
|
96
|
102
|
112
|
127
|
143
|
160
|
172
|
178
|
180
|
179
|
178
|
178
|
175
|
173
|
169
|
|
| Revenue |
9 598
N/A
|
9 212
-4%
|
9 371
+2%
|
9 769
+4%
|
10 582
+8%
|
11 248
+6%
|
11 844
+5%
|
12 658
+7%
|
13 606
+7%
|
14 601
+7%
|
15 582
+7%
|
16 403
+5%
|
17 013
+4%
|
16 783
-1%
|
16 272
-3%
|
14 885
-9%
|
13 508
-9%
|
12 904
-4%
|
12 642
-2%
|
12 830
+1%
|
13 142
+2%
|
13 423
+2%
|
13 452
+0%
|
12 791
-5%
|
12 357
-3%
|
12 007
-3%
|
11 223
-7%
|
11 030
-2%
|
10 870
-1%
|
10 323
-5%
|
10 340
+0%
|
10 255
-1%
|
10 319
+1%
|
10 760
+4%
|
10 844
+1%
|
11 260
+4%
|
11 326
+1%
|
10 975
-3%
|
10 937
0%
|
10 576
-3%
|
10 445
-1%
|
10 817
+4%
|
10 837
+0%
|
10 960
+1%
|
11 112
+1%
|
10 574
-5%
|
9 447
-11%
|
9 716
+3%
|
9 695
0%
|
9 702
+0%
|
9 662
0%
|
8 876
-8%
|
8 078
-9%
|
7 681
-5%
|
8 008
+4%
|
7 675
-4%
|
7 412
-3%
|
7 320
-1%
|
7 119
-3%
|
7 403
+4%
|
7 852
+6%
|
8 113
+3%
|
8 455
+4%
|
15 116
+79%
|
15 224
+1%
|
15 319
+1%
|
15 373
+0%
|
8 772
-43%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(8 293)
|
(8 148)
|
(8 249)
|
(8 284)
|
(8 445)
|
(8 654)
|
(9 118)
|
(9 959)
|
(10 983)
|
(11 921)
|
(12 539)
|
(13 054)
|
(13 628)
|
(13 608)
|
(13 541)
|
(12 697)
|
(11 728)
|
(11 224)
|
(11 107)
|
(11 172)
|
(11 185)
|
(11 269)
|
(11 009)
|
(10 474)
|
(10 243)
|
(9 982)
|
(9 366)
|
(9 046)
|
(8 682)
|
(8 115)
|
(8 003)
|
(7 935)
|
(8 009)
|
(8 371)
|
(8 609)
|
(9 067)
|
(9 208)
|
(9 028)
|
(9 051)
|
(8 823)
|
(8 812)
|
(9 071)
|
(8 950)
|
(8 997)
|
(9 054)
|
(8 560)
|
(7 739)
|
(7 737)
|
(7 365)
|
(7 239)
|
(7 275)
|
(6 980)
|
(6 749)
|
(6 741)
|
(6 890)
|
(6 485)
|
(6 338)
|
(6 220)
|
(6 069)
|
(6 215)
|
(6 298)
|
(6 315)
|
(6 435)
|
(10 180)
|
(10 334)
|
(10 453)
|
(10 548)
|
(6 898)
|
|
| Gross Profit |
1 305
N/A
|
1 064
-18%
|
1 122
+6%
|
1 485
+32%
|
2 136
+44%
|
2 594
+21%
|
2 727
+5%
|
2 699
-1%
|
2 623
-3%
|
2 680
+2%
|
3 043
+14%
|
3 349
+10%
|
3 385
+1%
|
3 175
-6%
|
2 731
-14%
|
2 188
-20%
|
1 780
-19%
|
1 680
-6%
|
1 536
-9%
|
1 658
+8%
|
1 957
+18%
|
2 154
+10%
|
2 443
+13%
|
2 317
-5%
|
2 114
-9%
|
2 026
-4%
|
1 857
-8%
|
1 984
+7%
|
2 188
+10%
|
2 208
+1%
|
2 337
+6%
|
2 319
-1%
|
2 309
0%
|
2 390
+3%
|
2 235
-6%
|
2 193
-2%
|
2 118
-3%
|
1 947
-8%
|
1 887
-3%
|
1 753
-7%
|
1 633
-7%
|
1 745
+7%
|
1 887
+8%
|
1 963
+4%
|
2 058
+5%
|
2 014
-2%
|
1 708
-15%
|
1 979
+16%
|
2 330
+18%
|
2 462
+6%
|
2 387
-3%
|
1 896
-21%
|
1 329
-30%
|
940
-29%
|
1 118
+19%
|
1 190
+6%
|
1 075
-10%
|
1 100
+2%
|
1 050
-5%
|
1 188
+13%
|
1 554
+31%
|
1 798
+16%
|
2 020
+12%
|
4 935
+144%
|
4 889
-1%
|
4 865
0%
|
4 825
-1%
|
1 874
-61%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1 274)
|
(1 162)
|
(1 092)
|
(1 072)
|
(1 073)
|
(1 223)
|
(1 389)
|
(1 549)
|
(1 650)
|
(1 646)
|
(1 594)
|
(1 602)
|
(1 591)
|
(1 573)
|
(1 582)
|
(1 482)
|
(1 400)
|
(1 242)
|
(1 194)
|
(1 184)
|
(1 294)
|
(1 359)
|
(1 414)
|
(1 425)
|
(1 405)
|
(1 387)
|
(1 323)
|
(1 278)
|
(1 234)
|
(1 195)
|
(1 223)
|
(1 206)
|
(1 247)
|
(1 276)
|
(1 242)
|
(1 250)
|
(1 200)
|
(1 187)
|
(1 192)
|
(1 197)
|
(1 207)
|
(1 247)
|
(1 285)
|
(1 288)
|
(1 343)
|
(1 302)
|
(1 199)
|
(1 229)
|
(1 301)
|
(1 509)
|
(1 822)
|
(2 147)
|
(2 160)
|
(2 108)
|
(1 953)
|
(1 659)
|
(1 484)
|
(1 295)
|
(1 170)
|
(1 092)
|
(1 112)
|
(1 146)
|
(1 195)
|
(1 320)
|
(1 377)
|
(1 398)
|
(1 388)
|
(1 278)
|
|
| Selling, General & Administrative |
(1 275)
|
(1 162)
|
(1 094)
|
(1 066)
|
(1 042)
|
(1 173)
|
(1 316)
|
(1 458)
|
(1 550)
|
(1 538)
|
(1 481)
|
(1 479)
|
(1 479)
|
(1 469)
|
(1 493)
|
(1 405)
|
(1 297)
|
(1 168)
|
(1 103)
|
(1 091)
|
(1 175)
|
(1 247)
|
(1 306)
|
(1 328)
|
(1 313)
|
(1 298)
|
(1 234)
|
(1 188)
|
(1 150)
|
(1 111)
|
(1 133)
|
(1 118)
|
(1 160)
|
(1 189)
|
(1 161)
|
(1 167)
|
(1 115)
|
(1 095)
|
(1 095)
|
(1 097)
|
(1 107)
|
(1 149)
|
(1 182)
|
(1 185)
|
(1 232)
|
(1 192)
|
(1 098)
|
(1 130)
|
(1 207)
|
(1 415)
|
(1 713)
|
(2 034)
|
(2 053)
|
(2 007)
|
(1 872)
|
(1 584)
|
(1 407)
|
(1 216)
|
(1 090)
|
(1 012)
|
(1 034)
|
(1 068)
|
(1 114)
|
(1 237)
|
(1 289)
|
(1 309)
|
(1 299)
|
(1 189)
|
|
| Research & Development |
0
|
0
|
0
|
(8)
|
(32)
|
(51)
|
(73)
|
(90)
|
(101)
|
(107)
|
(113)
|
(123)
|
(111)
|
(107)
|
(104)
|
(95)
|
(104)
|
(104)
|
(105)
|
(107)
|
(114)
|
(111)
|
(108)
|
(97)
|
(91)
|
(90)
|
(88)
|
(91)
|
(83)
|
(84)
|
(89)
|
(87)
|
(87)
|
(86)
|
(81)
|
(83)
|
(85)
|
(92)
|
(96)
|
(99)
|
(100)
|
(97)
|
(102)
|
(103)
|
(111)
|
(110)
|
(102)
|
(100)
|
(94)
|
(69)
|
(84)
|
(88)
|
(108)
|
(102)
|
(82)
|
(75)
|
(77)
|
(78)
|
(79)
|
(79)
|
(78)
|
(78)
|
(81)
|
(83)
|
(87)
|
(89)
|
(89)
|
(89)
|
|
| Other Operating Expenses |
2
|
1
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
2
|
14
|
19
|
0
|
30
|
14
|
14
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
0
|
(25)
|
(25)
|
(25)
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
|
| Operating Income |
32
N/A
|
(98)
N/A
|
30
N/A
|
413
+1 263%
|
1 064
+158%
|
1 370
+29%
|
1 338
-2%
|
1 151
-14%
|
973
-15%
|
1 035
+6%
|
1 449
+40%
|
1 747
+21%
|
1 794
+3%
|
1 602
-11%
|
1 149
-28%
|
707
-38%
|
380
-46%
|
438
+15%
|
342
-22%
|
475
+39%
|
663
+40%
|
796
+20%
|
1 029
+29%
|
892
-13%
|
709
-21%
|
639
-10%
|
535
-16%
|
706
+32%
|
954
+35%
|
1 013
+6%
|
1 115
+10%
|
1 114
0%
|
1 062
-5%
|
1 114
+5%
|
992
-11%
|
943
-5%
|
917
-3%
|
760
-17%
|
695
-9%
|
556
-20%
|
426
-24%
|
498
+17%
|
602
+21%
|
674
+12%
|
715
+6%
|
712
0%
|
509
-29%
|
750
+47%
|
1 029
+37%
|
954
-7%
|
565
-41%
|
(251)
N/A
|
(831)
-231%
|
(1 168)
-40%
|
(835)
+28%
|
(469)
+44%
|
(409)
+13%
|
(195)
+52%
|
(120)
+39%
|
97
N/A
|
442
+357%
|
652
+48%
|
825
+26%
|
3 616
+338%
|
3 513
-3%
|
3 467
-1%
|
3 437
-1%
|
597
-83%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(482)
|
(579)
|
(134)
|
(36)
|
345
|
305
|
(79)
|
(117)
|
(57)
|
(147)
|
91
|
88
|
(63)
|
41
|
(176)
|
(33)
|
(136)
|
(222)
|
(97)
|
(226)
|
(59)
|
(11)
|
12
|
(123)
|
(138)
|
(191)
|
(54)
|
57
|
(74)
|
161
|
(48)
|
11
|
41
|
3
|
114
|
(40)
|
(74)
|
(138)
|
(154)
|
(78)
|
(84)
|
43
|
159
|
471
|
557
|
229
|
626
|
226
|
50
|
458
|
485
|
835
|
599
|
401
|
(355)
|
(705)
|
(747)
|
(730)
|
(519)
|
(587)
|
(258)
|
(368)
|
12
|
37
|
(192)
|
(236)
|
(1 002)
|
(882)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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 |
(8)
|
0
|
(8)
|
(8)
|
0
|
(0)
|
10
|
11
|
11
|
23
|
11
|
11
|
9
|
(3)
|
4
|
4
|
(7)
|
(7)
|
(13)
|
(16)
|
(4)
|
(4)
|
(3)
|
0
|
3
|
92
|
94
|
94
|
96
|
7
|
5
|
4
|
1
|
1
|
1
|
(8)
|
(29)
|
(29)
|
(29)
|
(23)
|
(5)
|
(6)
|
(9)
|
(7)
|
(13)
|
(13)
|
(11)
|
(12)
|
(8)
|
(5)
|
(3)
|
(4)
|
4
|
1
|
33
|
30
|
18
|
18
|
(17)
|
(12)
|
(10)
|
(5)
|
(2)
|
(3)
|
0
|
1
|
3
|
4
|
|
| Total Other Income |
(45)
|
(57)
|
44
|
35
|
39
|
49
|
30
|
25
|
8
|
14
|
27
|
31
|
73
|
65
|
53
|
46
|
85
|
3
|
6
|
11
|
9
|
24
|
(21)
|
(20)
|
(23)
|
(14)
|
26
|
44
|
137
|
28
|
468
|
442
|
448
|
451
|
16
|
17
|
12
|
9
|
17
|
5
|
4
|
2
|
73
|
74
|
76
|
79
|
19
|
15
|
49
|
43
|
24
|
44
|
9
|
8
|
7
|
32
|
68
|
84
|
85
|
55
|
24
|
7
|
15
|
16
|
38
|
38
|
(53)
|
(48)
|
|
| Pre-Tax Income |
(502)
N/A
|
(734)
-46%
|
(68)
+91%
|
404
N/A
|
1 448
+259%
|
1 724
+19%
|
1 300
-25%
|
1 068
-18%
|
934
-13%
|
924
-1%
|
1 577
+71%
|
1 877
+19%
|
1 814
-3%
|
1 705
-6%
|
1 035
-39%
|
724
-30%
|
322
-56%
|
212
-34%
|
238
+12%
|
243
+2%
|
610
+151%
|
805
+32%
|
1 016
+26%
|
749
-26%
|
551
-27%
|
525
-5%
|
600
+14%
|
902
+50%
|
1 113
+24%
|
1 209
+9%
|
1 539
+27%
|
1 572
+2%
|
1 552
-1%
|
1 569
+1%
|
1 123
-28%
|
913
-19%
|
826
-10%
|
601
-27%
|
529
-12%
|
460
-13%
|
340
-26%
|
536
+58%
|
825
+54%
|
1 212
+47%
|
1 335
+10%
|
1 007
-25%
|
1 143
+14%
|
979
-14%
|
1 121
+15%
|
1 450
+29%
|
1 071
-26%
|
623
-42%
|
(219)
N/A
|
(758)
-245%
|
(1 150)
-52%
|
(1 112)
+3%
|
(1 070)
+4%
|
(823)
+23%
|
(570)
+31%
|
(448)
+21%
|
198
N/A
|
286
+44%
|
850
+197%
|
3 666
+331%
|
3 359
-8%
|
3 271
-3%
|
2 386
-27%
|
(329)
N/A
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(98)
|
(89)
|
(124)
|
(147)
|
(131)
|
(197)
|
(329)
|
(314)
|
(294)
|
(302)
|
(275)
|
(363)
|
(390)
|
(353)
|
(246)
|
(161)
|
(98)
|
(80)
|
(68)
|
(84)
|
(150)
|
(186)
|
(264)
|
(259)
|
(216)
|
(243)
|
(204)
|
(255)
|
(303)
|
(317)
|
(465)
|
(475)
|
(526)
|
(508)
|
(352)
|
(282)
|
(193)
|
(144)
|
(144)
|
(163)
|
(157)
|
(168)
|
(206)
|
(203)
|
(200)
|
(216)
|
(159)
|
(185)
|
(277)
|
(273)
|
(229)
|
(156)
|
(24)
|
16
|
3
|
35
|
47
|
38
|
55
|
5
|
(64)
|
(92)
|
(214)
|
(423)
|
(411)
|
(416)
|
(371)
|
(179)
|
|
| Income from Continuing Operations |
(600)
|
(822)
|
(192)
|
257
|
1 317
|
1 527
|
970
|
755
|
641
|
622
|
1 302
|
1 514
|
1 424
|
1 353
|
789
|
563
|
224
|
133
|
171
|
159
|
459
|
619
|
753
|
491
|
335
|
283
|
397
|
646
|
810
|
892
|
1 074
|
1 096
|
1 026
|
1 061
|
771
|
631
|
633
|
458
|
385
|
297
|
183
|
369
|
619
|
1 010
|
1 136
|
791
|
984
|
794
|
844
|
1 178
|
842
|
468
|
(243)
|
(742)
|
(1 147)
|
(1 077)
|
(1 024)
|
(785)
|
(515)
|
(443)
|
134
|
195
|
635
|
3 243
|
2 948
|
2 855
|
2 015
|
(508)
|
|
| Net Income (Common) |
(600)
N/A
|
(822)
-37%
|
(192)
+77%
|
257
N/A
|
1 317
+413%
|
1 527
+16%
|
970
-36%
|
755
-22%
|
641
-15%
|
622
-3%
|
1 302
+109%
|
1 514
+16%
|
1 424
-6%
|
1 353
-5%
|
789
-42%
|
563
-29%
|
224
-60%
|
133
-41%
|
171
+29%
|
159
-7%
|
459
+188%
|
619
+35%
|
753
+22%
|
491
-35%
|
335
-32%
|
283
-16%
|
397
+40%
|
646
+63%
|
810
+25%
|
892
+10%
|
1 074
+20%
|
1 096
+2%
|
1 026
-6%
|
1 061
+3%
|
771
-27%
|
631
-18%
|
633
+0%
|
458
-28%
|
385
-16%
|
297
-23%
|
183
-38%
|
369
+101%
|
619
+68%
|
1 010
+63%
|
1 136
+12%
|
791
-30%
|
984
+24%
|
794
-19%
|
844
+6%
|
1 178
+39%
|
842
-28%
|
468
-44%
|
(243)
N/A
|
(742)
-205%
|
(1 147)
-55%
|
(1 077)
+6%
|
(1 024)
+5%
|
(785)
+23%
|
(515)
+34%
|
(443)
+14%
|
134
N/A
|
195
+45%
|
635
+227%
|
3 243
+410%
|
2 948
-9%
|
2 855
-3%
|
2 015
-29%
|
(508)
N/A
|
|
| EPS (Diluted) |
-0.77
N/A
|
-1.09
-42%
|
-0.25
+77%
|
0.3
N/A
|
1.68
+460%
|
1.96
+17%
|
1.29
-34%
|
1.01
-22%
|
0.81
-20%
|
0.77
-5%
|
1.65
+114%
|
1.92
+16%
|
1.83
-5%
|
1.76
-4%
|
1.07
-39%
|
0.73
-32%
|
0.3
-59%
|
0.18
-40%
|
0.23
+28%
|
0.2
-13%
|
0.59
+195%
|
0.8
+36%
|
0.98
+22%
|
0.66
-33%
|
0.45
-32%
|
0.38
-16%
|
0.54
+42%
|
0.88
+63%
|
1.1
+25%
|
1.21
+10%
|
1.46
+21%
|
1.52
+4%
|
1.41
-7%
|
1.5
+6%
|
1.09
-27%
|
0.89
-18%
|
0.89
N/A
|
0.64
-28%
|
0.54
-16%
|
0.42
-22%
|
0.25
-40%
|
0.52
+108%
|
0.87
+67%
|
1.43
+64%
|
1.6
+12%
|
1.12
-30%
|
1.39
+24%
|
1.12
-19%
|
1.19
+6%
|
1.66
+39%
|
1.16
-30%
|
0.63
-46%
|
-0.33
N/A
|
-1.01
-206%
|
-1.56
-54%
|
-1.46
+6%
|
-1.39
+5%
|
-1.06
+24%
|
-0.7
+34%
|
-0.6
+14%
|
0.18
N/A
|
0.26
+44%
|
0.86
+231%
|
4.41
+413%
|
4.02
-9%
|
3.88
-3%
|
2.74
-29%
|
-0.61
N/A
|
|