Yulon Nissan Motor Co Ltd
TWSE:2227
Income Statement
Earnings Waterfall
Yulon Nissan Motor Co Ltd
Income Statement
Yulon Nissan Motor 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 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
2
|
2
|
3
|
3
|
3
|
3
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
7
|
17
|
27
|
38
|
44
|
43
|
41
|
39
|
37
|
37
|
36
|
36
|
35
|
35
|
34
|
28
|
20
|
11
|
3
|
1
|
1
|
1
|
3
|
5
|
6
|
8
|
8
|
8
|
10
|
15
|
16
|
17
|
17
|
15
|
15
|
14
|
13
|
10
|
9
|
9
|
8
|
8
|
7
|
7
|
7
|
7
|
7
|
7
|
7
|
0
|
|
| Revenue |
19 442
N/A
|
16 246
-16%
|
16 884
+4%
|
17 547
+4%
|
21 675
+24%
|
24 995
+15%
|
25 935
+4%
|
27 677
+7%
|
27 456
-1%
|
29 959
+9%
|
30 034
+0%
|
31 800
+6%
|
32 115
+1%
|
32 545
+1%
|
32 986
+1%
|
30 833
-7%
|
29 135
-6%
|
26 637
-9%
|
26 226
-2%
|
27 754
+6%
|
31 486
+13%
|
32 070
+2%
|
35 318
+10%
|
35 472
+0%
|
33 177
-6%
|
34 040
+3%
|
33 605
-1%
|
33 383
-1%
|
33 218
0%
|
33 679
+1%
|
33 606
0%
|
33 881
+1%
|
34 860
+3%
|
35 214
+1%
|
34 486
-2%
|
34 227
-1%
|
33 222
-3%
|
31 723
-5%
|
30 945
-2%
|
29 531
-5%
|
31 258
+6%
|
31 736
+2%
|
30 693
-3%
|
32 121
+5%
|
32 499
+1%
|
31 023
-5%
|
31 187
+1%
|
30 338
-3%
|
29 661
-2%
|
30 201
+2%
|
29 149
-3%
|
27 372
-6%
|
24 668
-10%
|
24 532
-1%
|
22 467
-8%
|
22 355
-1%
|
23 607
+6%
|
22 922
-3%
|
24 993
+9%
|
26 248
+5%
|
26 136
0%
|
26 653
+2%
|
26 412
-1%
|
25 238
-4%
|
23 132
-8%
|
20 088
-13%
|
17 842
-11%
|
16 089
-10%
|
15 132
-6%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(17 376)
|
(14 822)
|
(15 543)
|
(16 179)
|
(19 807)
|
(22 356)
|
(22 763)
|
(24 056)
|
(23 671)
|
(25 713)
|
(25 846)
|
(27 310)
|
(27 380)
|
(27 861)
|
(28 214)
|
(26 421)
|
(25 106)
|
(23 133)
|
(22 437)
|
(23 280)
|
(26 037)
|
(26 823)
|
(30 116)
|
(30 731)
|
(28 855)
|
(29 493)
|
(28 600)
|
(28 314)
|
(27 913)
|
(28 103)
|
(28 320)
|
(28 722)
|
(29 814)
|
(29 819)
|
(28 979)
|
(28 236)
|
(27 037)
|
(25 670)
|
(24 962)
|
(23 983)
|
(25 931)
|
(26 567)
|
(26 048)
|
(27 440)
|
(27 650)
|
(26 619)
|
(26 698)
|
(25 944)
|
(25 566)
|
(26 273)
|
(25 515)
|
(24 285)
|
(21 855)
|
(21 671)
|
(19 930)
|
(19 525)
|
(20 667)
|
(20 070)
|
(21 650)
|
(22 872)
|
(23 081)
|
(23 449)
|
(23 386)
|
(22 475)
|
(20 474)
|
(17 948)
|
(16 115)
|
(14 606)
|
(13 699)
|
|
| Gross Profit |
2 066
N/A
|
1 425
-31%
|
1 342
-6%
|
1 369
+2%
|
1 868
+36%
|
2 640
+41%
|
3 173
+20%
|
3 621
+14%
|
3 785
+5%
|
4 245
+12%
|
4 187
-1%
|
4 490
+7%
|
4 735
+5%
|
4 684
-1%
|
4 772
+2%
|
4 412
-8%
|
4 029
-9%
|
3 504
-13%
|
3 789
+8%
|
4 474
+18%
|
5 449
+22%
|
5 247
-4%
|
5 202
-1%
|
4 740
-9%
|
4 322
-9%
|
4 546
+5%
|
5 004
+10%
|
5 069
+1%
|
5 305
+5%
|
5 576
+5%
|
5 286
-5%
|
5 159
-2%
|
5 047
-2%
|
5 395
+7%
|
5 507
+2%
|
5 991
+9%
|
6 184
+3%
|
6 052
-2%
|
5 982
-1%
|
5 547
-7%
|
5 327
-4%
|
5 169
-3%
|
4 644
-10%
|
4 681
+1%
|
4 848
+4%
|
4 404
-9%
|
4 489
+2%
|
4 395
-2%
|
4 095
-7%
|
3 928
-4%
|
3 634
-7%
|
3 087
-15%
|
2 814
-9%
|
2 861
+2%
|
2 537
-11%
|
2 829
+12%
|
2 941
+4%
|
2 852
-3%
|
3 343
+17%
|
3 376
+1%
|
3 055
-9%
|
3 204
+5%
|
3 027
-6%
|
2 764
-9%
|
2 658
-4%
|
2 140
-19%
|
1 727
-19%
|
1 484
-14%
|
1 433
-3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2 677)
|
(2 463)
|
(2 480)
|
(2 479)
|
(2 681)
|
(3 866)
|
(2 999)
|
(3 256)
|
(3 280)
|
(3 510)
|
(3 508)
|
(3 483)
|
(3 687)
|
(3 676)
|
(3 597)
|
(3 463)
|
(3 169)
|
(3 030)
|
(3 193)
|
(3 326)
|
(3 617)
|
(3 635)
|
(3 753)
|
(3 760)
|
(3 537)
|
(3 486)
|
(3 815)
|
(3 901)
|
(4 069)
|
(4 288)
|
(4 044)
|
(3 872)
|
(3 859)
|
(3 888)
|
(3 737)
|
(4 023)
|
(4 108)
|
(4 251)
|
(4 406)
|
(4 224)
|
(3 990)
|
(3 893)
|
(3 650)
|
(3 599)
|
(3 486)
|
(3 405)
|
(3 543)
|
(3 705)
|
(3 795)
|
(3 555)
|
(3 308)
|
(2 766)
|
(2 691)
|
(2 694)
|
(2 465)
|
(2 761)
|
(2 824)
|
(2 712)
|
(3 032)
|
(3 091)
|
(2 934)
|
(2 951)
|
(2 836)
|
(2 619)
|
(2 597)
|
(2 421)
|
(2 267)
|
(2 165)
|
(2 045)
|
|
| Selling, General & Administrative |
(1 983)
|
(1 778)
|
(1 863)
|
(1 923)
|
(2 215)
|
(2 416)
|
(2 520)
|
(2 762)
|
(2 752)
|
(2 993)
|
(2 979)
|
(2 946)
|
(3 138)
|
(3 130)
|
(3 037)
|
(2 907)
|
(2 562)
|
(2 416)
|
(2 560)
|
(2 676)
|
(2 999)
|
(3 015)
|
(3 166)
|
(3 164)
|
(2 950)
|
(2 887)
|
(3 221)
|
(3 355)
|
(3 552)
|
(3 794)
|
(3 562)
|
(3 390)
|
(3 334)
|
(3 332)
|
(3 143)
|
(3 391)
|
(3 436)
|
(3 582)
|
(3 694)
|
(3 481)
|
(3 283)
|
(3 208)
|
(3 039)
|
(3 017)
|
(2 865)
|
(2 781)
|
(2 875)
|
(3 046)
|
(3 198)
|
(2 992)
|
(2 821)
|
(2 320)
|
(2 272)
|
(2 257)
|
(1 991)
|
(2 236)
|
(2 286)
|
(2 144)
|
(2 447)
|
(2 542)
|
(2 378)
|
(2 438)
|
(2 373)
|
(2 198)
|
(2 245)
|
(2 098)
|
(1 979)
|
(1 872)
|
(1 759)
|
|
| Research & Development |
(694)
|
(651)
|
(618)
|
(557)
|
(465)
|
(488)
|
(480)
|
(494)
|
(528)
|
(517)
|
(528)
|
(537)
|
(549)
|
(545)
|
(561)
|
(556)
|
(607)
|
(615)
|
(633)
|
(651)
|
(617)
|
(620)
|
(588)
|
(597)
|
(587)
|
(599)
|
(592)
|
(544)
|
(517)
|
(492)
|
(481)
|
(481)
|
(526)
|
(554)
|
(592)
|
(631)
|
(672)
|
(668)
|
(711)
|
(742)
|
(707)
|
(685)
|
(611)
|
(582)
|
(622)
|
(627)
|
(670)
|
(660)
|
(597)
|
(405)
|
(330)
|
(288)
|
(419)
|
(436)
|
(474)
|
(525)
|
(538)
|
(567)
|
(585)
|
(549)
|
(556)
|
(512)
|
(463)
|
(422)
|
(352)
|
(323)
|
(288)
|
(292)
|
(286)
|
|
| Other Operating Expenses |
0
|
(34)
|
0
|
0
|
0
|
(962)
|
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
|
2
|
2
|
0
|
0
|
(158)
|
(158)
|
(158)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(611)
N/A
|
(1 038)
-70%
|
(1 138)
-10%
|
(1 111)
+2%
|
(813)
+27%
|
(1 228)
-51%
|
172
N/A
|
365
+112%
|
505
+38%
|
737
+46%
|
681
-8%
|
1 008
+48%
|
1 049
+4%
|
1 009
-4%
|
1 175
+16%
|
950
-19%
|
860
-9%
|
474
-45%
|
597
+26%
|
1 148
+92%
|
1 832
+60%
|
1 611
-12%
|
1 448
-10%
|
979
-32%
|
785
-20%
|
1 061
+35%
|
1 190
+12%
|
1 169
-2%
|
1 236
+6%
|
1 288
+4%
|
1 242
-4%
|
1 287
+4%
|
1 187
-8%
|
1 507
+27%
|
1 771
+18%
|
1 969
+11%
|
2 076
+5%
|
1 804
-13%
|
1 578
-13%
|
1 325
-16%
|
1 337
+1%
|
1 276
-5%
|
995
-22%
|
1 082
+9%
|
1 362
+26%
|
999
-27%
|
946
-5%
|
689
-27%
|
299
-57%
|
373
+25%
|
326
-13%
|
321
-2%
|
123
-62%
|
168
+37%
|
72
-57%
|
68
-4%
|
117
+71%
|
140
+20%
|
312
+122%
|
285
-9%
|
121
-57%
|
253
+109%
|
190
-25%
|
144
-24%
|
62
-57%
|
(282)
N/A
|
(541)
-92%
|
(681)
-26%
|
(612)
+10%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1 320
|
1 695
|
1 823
|
2 150
|
2 424
|
2 550
|
2 950
|
2 912
|
2 882
|
2 683
|
2 232
|
2 988
|
3 400
|
3 768
|
5 362
|
5 061
|
5 630
|
5 992
|
5 709
|
6 266
|
6 998
|
7 111
|
6 811
|
6 632
|
7 257
|
6 781
|
6 614
|
5 928
|
3 783
|
3 810
|
3 794
|
3 845
|
4 400
|
4 499
|
4 855
|
5 569
|
5 939
|
6 173
|
6 492
|
6 462
|
6 349
|
6 602
|
6 559
|
7 186
|
7 755
|
6 452
|
6 375
|
6 845
|
7 863
|
8 575
|
7 662
|
5 886
|
3 685
|
3 646
|
3 146
|
3 413
|
2 918
|
2 352
|
2 049
|
1 416
|
1 342
|
1 482
|
1 838
|
1 500
|
1 980
|
1 381
|
1 029
|
1 350
|
1 142
|
|
| Non-Reccuring Items |
(33)
|
0
|
(64)
|
(64)
|
(963)
|
0
|
(933)
|
(933)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(358)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
15
|
15
|
15
|
15
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
| Gain/Loss on Disposition of Assets |
(1)
|
(1)
|
(4)
|
(5)
|
(4)
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
150
|
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
|
0
|
0
|
0
|
|
| Total Other Income |
(68)
|
(42)
|
(45)
|
(52)
|
(64)
|
(73)
|
(83)
|
(48)
|
(42)
|
(34)
|
(27)
|
(27)
|
(1)
|
156
|
160
|
158
|
(41)
|
(44)
|
(43)
|
(53)
|
(23)
|
(25)
|
(20)
|
(16)
|
(16)
|
(13)
|
(13)
|
(15)
|
(18)
|
(18)
|
(22)
|
(21)
|
(16)
|
(16)
|
(13)
|
(12)
|
(11)
|
(8)
|
(6)
|
(6)
|
(9)
|
(11)
|
(11)
|
(10)
|
(8)
|
(2)
|
(2)
|
(0)
|
(1)
|
(4)
|
(5)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(1)
|
(0)
|
(0)
|
11
|
6
|
9
|
8
|
9
|
9
|
10
|
9
|
(2)
|
|
| Pre-Tax Income |
607
N/A
|
612
+1%
|
572
-7%
|
917
+60%
|
581
-37%
|
1 249
+115%
|
2 107
+69%
|
2 297
+9%
|
3 344
+46%
|
3 384
+1%
|
2 884
-15%
|
3 969
+38%
|
4 598
+16%
|
4 931
+7%
|
6 695
+36%
|
6 167
-8%
|
6 091
-1%
|
6 421
+5%
|
6 262
-2%
|
7 361
+18%
|
8 807
+20%
|
8 697
-1%
|
8 239
-5%
|
7 596
-8%
|
8 027
+6%
|
7 830
-2%
|
7 792
0%
|
7 081
-9%
|
5 000
-29%
|
5 080
+2%
|
5 015
-1%
|
5 112
+2%
|
5 586
+9%
|
6 005
+7%
|
6 627
+10%
|
7 539
+14%
|
8 003
+6%
|
7 966
0%
|
8 061
+1%
|
7 779
-3%
|
7 677
-1%
|
7 867
+2%
|
7 543
-4%
|
8 260
+10%
|
9 112
+10%
|
7 448
-18%
|
7 318
-2%
|
7 535
+3%
|
8 161
+8%
|
8 945
+10%
|
7 984
-11%
|
6 199
-22%
|
3 801
-39%
|
3 803
+0%
|
3 206
-16%
|
3 471
+8%
|
3 026
-13%
|
2 491
-18%
|
2 360
-5%
|
1 700
-28%
|
1 471
-13%
|
1 738
+18%
|
2 034
+17%
|
1 649
-19%
|
2 050
+24%
|
1 109
-46%
|
499
-55%
|
679
+36%
|
528
-22%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(102)
|
(57)
|
192
|
92
|
72
|
(98)
|
(318)
|
(323)
|
(460)
|
(393)
|
(465)
|
(658)
|
(766)
|
(950)
|
(1 250)
|
(1 156)
|
(1 160)
|
(1 218)
|
(1 090)
|
(1 278)
|
(1 507)
|
(1 484)
|
(1 525)
|
(1 415)
|
(1 503)
|
(1 475)
|
(1 331)
|
(1 209)
|
(834)
|
(847)
|
(853)
|
(874)
|
(955)
|
(1 024)
|
(1 130)
|
(1 282)
|
(1 361)
|
(1 655)
|
(1 741)
|
(1 745)
|
(1 787)
|
(1 575)
|
(1 517)
|
(1 662)
|
(1 830)
|
(1 502)
|
(1 464)
|
(1 496)
|
(1 620)
|
(1 773)
|
(1 601)
|
(1 254)
|
(775)
|
(778)
|
(651)
|
(705)
|
(615)
|
(504)
|
(467)
|
(356)
|
(310)
|
(364)
|
(406)
|
(303)
|
(380)
|
(193)
|
(130)
|
(164)
|
(138)
|
|
| Income from Continuing Operations |
504
|
555
|
764
|
1 008
|
653
|
1 149
|
1 787
|
1 973
|
2 884
|
2 991
|
2 419
|
3 311
|
3 832
|
3 981
|
5 445
|
5 011
|
4 930
|
5 203
|
5 172
|
6 083
|
7 300
|
7 215
|
6 716
|
6 183
|
6 524
|
6 354
|
6 460
|
5 871
|
4 166
|
4 233
|
4 162
|
4 237
|
4 631
|
4 980
|
5 495
|
6 257
|
6 643
|
6 311
|
6 321
|
6 034
|
5 890
|
6 293
|
6 026
|
6 599
|
7 282
|
5 946
|
5 855
|
6 039
|
6 541
|
7 172
|
6 383
|
4 945
|
3 026
|
3 025
|
2 555
|
2 766
|
2 411
|
1 988
|
1 894
|
1 344
|
1 161
|
1 374
|
1 628
|
1 346
|
1 670
|
915
|
368
|
514
|
390
|
|
| Net Income (Common) |
504
N/A
|
555
+10%
|
764
+38%
|
1 008
+32%
|
653
-35%
|
1 149
+76%
|
1 787
+56%
|
1 973
+10%
|
2 884
+46%
|
2 991
+4%
|
2 419
-19%
|
3 311
+37%
|
3 832
+16%
|
3 981
+4%
|
5 445
+37%
|
5 011
-8%
|
4 930
-2%
|
5 203
+6%
|
5 172
-1%
|
6 083
+18%
|
7 300
+20%
|
7 215
-1%
|
6 716
-7%
|
6 183
-8%
|
6 524
+6%
|
6 354
-3%
|
6 460
+2%
|
5 871
-9%
|
4 166
-29%
|
4 233
+2%
|
4 162
-2%
|
4 237
+2%
|
4 631
+9%
|
4 980
+8%
|
5 495
+10%
|
6 257
+14%
|
6 643
+6%
|
6 311
-5%
|
6 321
+0%
|
6 034
-5%
|
5 890
-2%
|
6 293
+7%
|
6 026
-4%
|
6 599
+9%
|
7 282
+10%
|
5 946
-18%
|
5 855
-2%
|
6 039
+3%
|
6 541
+8%
|
7 172
+10%
|
6 383
-11%
|
4 945
-23%
|
3 026
-39%
|
3 025
0%
|
2 555
-16%
|
2 766
+8%
|
2 411
-13%
|
1 988
-18%
|
1 894
-5%
|
1 344
-29%
|
1 161
-14%
|
1 374
+18%
|
1 628
+18%
|
1 346
-17%
|
1 670
+24%
|
915
-45%
|
368
-60%
|
514
+39%
|
390
-24%
|
|
| EPS (Diluted) |
1.68
N/A
|
1.84
+10%
|
2.54
+38%
|
3.36
+32%
|
2.17
-35%
|
3.83
+76%
|
5.95
+55%
|
6.56
+10%
|
9.6
+46%
|
9.97
+4%
|
8.05
-19%
|
11.02
+37%
|
12.77
+16%
|
13.25
+4%
|
18.13
+37%
|
16.69
-8%
|
16.43
-2%
|
17.33
+5%
|
17.06
-2%
|
20.27
+19%
|
24.32
+20%
|
24.04
-1%
|
22.38
-7%
|
20.6
-8%
|
21.74
+6%
|
21.18
-3%
|
21.53
+2%
|
19.57
-9%
|
13.88
-29%
|
14.11
+2%
|
13.87
-2%
|
14.12
+2%
|
15.43
+9%
|
16.6
+8%
|
18.32
+10%
|
20.86
+14%
|
22.14
+6%
|
21.03
-5%
|
21.06
+0%
|
20.1
-5%
|
19.63
-2%
|
20.97
+7%
|
20.09
-4%
|
21.99
+9%
|
24.27
+10%
|
19.82
-18%
|
19.51
-2%
|
20.13
+3%
|
21.8
+8%
|
23.9
+10%
|
21.28
-11%
|
16.48
-23%
|
10.09
-39%
|
10.08
0%
|
8.52
-15%
|
9.22
+8%
|
8.04
-13%
|
6.63
-18%
|
6.31
-5%
|
4.48
-29%
|
3.87
-14%
|
4.58
+18%
|
5.43
+19%
|
4.49
-17%
|
5.57
+24%
|
3.05
-45%
|
1.22
-60%
|
1.71
+40%
|
1.3
-24%
|
|