Shin Shin Co Ltd
TWSE:2901
Income Statement
Earnings Waterfall
Shin Shin Co Ltd
Income Statement
Shin Shin Co Ltd
| Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | 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 |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
721
N/A
|
705
-2%
|
689
-2%
|
671
-3%
|
645
-4%
|
568
-12%
|
578
+2%
|
602
+4%
|
623
+4%
|
693
+11%
|
679
-2%
|
678
0%
|
667
-2%
|
667
+0%
|
674
+1%
|
664
-1%
|
683
+3%
|
691
+1%
|
685
-1%
|
695
+1%
|
689
-1%
|
701
+2%
|
745
+6%
|
788
+6%
|
824
+5%
|
669
-19%
|
507
-24%
|
335
-34%
|
810
+142%
|
155
-81%
|
156
+1%
|
152
-3%
|
151
0%
|
151
0%
|
150
0%
|
151
+0%
|
150
0%
|
151
+0%
|
151
+0%
|
156
+4%
|
156
0%
|
155
-1%
|
154
-1%
|
150
-2%
|
150
+0%
|
151
+1%
|
153
+1%
|
151
-1%
|
149
-1%
|
148
-1%
|
144
-3%
|
138
-4%
|
141
+2%
|
140
0%
|
143
+2%
|
134
-7%
|
138
+3%
|
134
-3%
|
125
-6%
|
120
-4%
|
109
-9%
|
106
-3%
|
99
-6%
|
91
-8%
|
93
+2%
|
98
+6%
|
109
+11%
|
115
+6%
|
113
-2%
|
113
0%
|
117
+4%
|
127
+8%
|
133
+5%
|
137
+3%
|
137
0%
|
136
-1%
|
134
-2%
|
130
-3%
|
131
+1%
|
130
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(605)
|
(589)
|
(576)
|
(561)
|
(537)
|
(471)
|
(476)
|
(497)
|
(514)
|
(573)
|
(563)
|
(563)
|
(552)
|
(552)
|
(558)
|
(548)
|
(565)
|
(573)
|
(568)
|
(578)
|
(573)
|
(585)
|
(628)
|
(671)
|
(694)
|
(539)
|
(378)
|
(189)
|
(677)
|
(23)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(22)
|
(20)
|
(19)
|
(18)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(16)
|
(16)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
|
| Gross Profit |
116
N/A
|
115
-1%
|
113
-2%
|
111
-2%
|
108
-2%
|
97
-10%
|
102
+5%
|
105
+4%
|
109
+3%
|
120
+10%
|
116
-4%
|
115
-1%
|
114
0%
|
115
+0%
|
116
+1%
|
117
+0%
|
118
+1%
|
118
N/A
|
117
0%
|
117
N/A
|
116
-1%
|
116
0%
|
117
+1%
|
117
N/A
|
130
+11%
|
130
+0%
|
129
-1%
|
146
+13%
|
132
-9%
|
132
0%
|
133
+1%
|
130
-2%
|
130
0%
|
130
+0%
|
129
-1%
|
130
+1%
|
130
0%
|
130
+0%
|
130
N/A
|
136
+4%
|
136
0%
|
135
-1%
|
133
-1%
|
129
-3%
|
129
0%
|
130
+1%
|
131
+1%
|
129
-2%
|
129
+0%
|
129
0%
|
126
-2%
|
121
-4%
|
124
+2%
|
124
0%
|
127
+2%
|
117
-7%
|
121
+4%
|
118
-3%
|
109
-7%
|
104
-5%
|
92
-11%
|
89
-3%
|
83
-7%
|
75
-10%
|
75
+0%
|
79
+5%
|
89
+13%
|
95
+6%
|
92
-3%
|
92
+0%
|
96
+4%
|
105
+10%
|
113
+7%
|
116
+3%
|
116
+0%
|
116
0%
|
115
-1%
|
112
-3%
|
112
+1%
|
111
-1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(99)
|
(98)
|
(96)
|
(93)
|
(91)
|
(90)
|
(92)
|
(94)
|
(98)
|
(101)
|
(102)
|
(102)
|
(100)
|
(99)
|
(98)
|
(99)
|
(101)
|
(101)
|
(101)
|
(101)
|
(101)
|
(100)
|
(99)
|
(98)
|
(99)
|
(99)
|
(97)
|
(99)
|
(98)
|
(94)
|
(96)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(95)
|
(96)
|
(96)
|
(98)
|
(98)
|
(99)
|
(100)
|
(99)
|
(99)
|
(96)
|
(95)
|
(94)
|
(92)
|
(93)
|
(91)
|
(90)
|
(88)
|
(88)
|
(87)
|
(85)
|
(85)
|
(84)
|
(83)
|
(82)
|
(81)
|
(80)
|
(82)
|
(85)
|
(84)
|
(85)
|
(84)
|
(84)
|
(85)
|
(86)
|
(87)
|
(88)
|
(89)
|
(90)
|
(91)
|
(90)
|
(92)
|
|
| Selling, General & Administrative |
(99)
|
(98)
|
(96)
|
(93)
|
(91)
|
(89)
|
(92)
|
(94)
|
(98)
|
(101)
|
(102)
|
(102)
|
(100)
|
(99)
|
(98)
|
(99)
|
(101)
|
(101)
|
(101)
|
(101)
|
(101)
|
(100)
|
(99)
|
(98)
|
(99)
|
(99)
|
(97)
|
(99)
|
(98)
|
(94)
|
(96)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(94)
|
(95)
|
(96)
|
(96)
|
(98)
|
(98)
|
(99)
|
(100)
|
(99)
|
(99)
|
(96)
|
(95)
|
(94)
|
(92)
|
(93)
|
(91)
|
(90)
|
(88)
|
(88)
|
(87)
|
(85)
|
(85)
|
(84)
|
(83)
|
(82)
|
(81)
|
(80)
|
(82)
|
(85)
|
(84)
|
(85)
|
(84)
|
(84)
|
(85)
|
(86)
|
(87)
|
(88)
|
(89)
|
(90)
|
(90)
|
(89)
|
(91)
|
|
| Operating Income |
17
N/A
|
17
+2%
|
17
-1%
|
18
+3%
|
17
-3%
|
8
-55%
|
10
+22%
|
11
+19%
|
11
-1%
|
19
+66%
|
14
-25%
|
13
-10%
|
15
+16%
|
16
+7%
|
18
+19%
|
18
-3%
|
17
-4%
|
17
-2%
|
16
-2%
|
17
+2%
|
15
-11%
|
17
+10%
|
18
+6%
|
19
+6%
|
31
+66%
|
31
0%
|
32
+3%
|
47
+47%
|
35
-26%
|
37
+8%
|
38
+1%
|
36
-5%
|
36
N/A
|
36
-1%
|
35
-1%
|
36
+3%
|
36
-1%
|
36
+1%
|
37
+2%
|
41
+12%
|
40
-3%
|
39
-2%
|
36
-8%
|
31
-12%
|
30
-4%
|
30
-2%
|
32
+7%
|
30
-7%
|
34
+13%
|
34
+0%
|
32
-5%
|
29
-10%
|
32
+10%
|
33
+5%
|
37
+10%
|
29
-21%
|
33
+14%
|
30
-8%
|
24
-22%
|
19
-18%
|
8
-56%
|
6
-28%
|
1
-83%
|
(7)
N/A
|
(5)
+18%
|
(3)
+52%
|
4
N/A
|
10
+136%
|
7
-29%
|
8
+5%
|
12
+56%
|
20
+64%
|
26
+34%
|
29
+10%
|
28
-3%
|
27
-4%
|
25
-7%
|
21
-15%
|
23
+9%
|
20
-15%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
4
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
4
|
5
|
4
|
4
|
5
|
4
|
5
|
4
|
5
|
5
|
5
|
5
|
3
|
3
|
3
|
3
|
3
|
0
|
3
|
3
|
3
|
0
|
2
|
2
|
4
|
3
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
3
|
4
|
3
|
3
|
3
|
2
|
1
|
1
|
2
|
3
|
5
|
7
|
7
|
6
|
6
|
6
|
6
|
5
|
6
|
4
|
9
|
8
|
5
|
6
|
|
| Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
3
|
3
|
(18)
|
(17)
|
(17)
|
(16)
|
7
|
0
|
1
|
3
|
4
|
12
|
11
|
9
|
7
|
7
|
8
|
7
|
8
|
8
|
7
|
6
|
5
|
5
|
5
|
8
|
6
|
5
|
4
|
8
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
5
|
4
|
4
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
6
|
6
|
9
|
9
|
9
|
10
|
7
|
7
|
7
|
7
|
7
|
7
|
6
|
5
|
8
|
8
|
8
|
6
|
6
|
6
|
7
|
|
| Pre-Tax Income |
24
N/A
|
25
+3%
|
4
-83%
|
5
+14%
|
5
+6%
|
(4)
N/A
|
21
N/A
|
16
-27%
|
16
+5%
|
26
+60%
|
21
-19%
|
29
+36%
|
30
+6%
|
29
-4%
|
30
+3%
|
29
-3%
|
30
+3%
|
29
-5%
|
29
+2%
|
29
-1%
|
24
-16%
|
26
+5%
|
25
-2%
|
26
+4%
|
39
+48%
|
39
+1%
|
41
+4%
|
55
+35%
|
42
-23%
|
45
+7%
|
45
0%
|
44
-4%
|
44
+1%
|
43
-1%
|
43
-1%
|
44
+2%
|
43
-1%
|
44
+1%
|
45
+2%
|
49
+10%
|
48
-2%
|
48
-1%
|
44
-7%
|
40
-10%
|
38
-5%
|
37
-2%
|
39
+6%
|
37
-5%
|
41
+10%
|
41
+0%
|
40
-5%
|
36
-8%
|
39
+8%
|
41
+4%
|
44
+8%
|
37
-16%
|
41
+11%
|
39
-5%
|
32
-18%
|
28
-11%
|
17
-39%
|
17
-4%
|
11
-34%
|
4
-66%
|
6
+60%
|
8
+26%
|
17
+121%
|
25
+48%
|
21
-14%
|
21
-1%
|
26
+21%
|
31
+20%
|
37
+21%
|
41
+12%
|
41
-1%
|
39
-4%
|
40
+1%
|
36
-10%
|
34
-3%
|
33
-4%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(6)
|
(6)
|
(1)
|
(1)
|
(1)
|
1
|
(5)
|
(4)
|
(4)
|
(6)
|
(5)
|
(7)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(9)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(7)
|
(8)
|
(8)
|
(6)
|
(5)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(10)
|
(9)
|
(9)
|
(8)
|
|
| Income from Continuing Operations |
19
|
19
|
4
|
4
|
4
|
(3)
|
16
|
12
|
12
|
20
|
16
|
22
|
23
|
22
|
22
|
21
|
22
|
21
|
23
|
23
|
20
|
21
|
21
|
22
|
32
|
32
|
34
|
45
|
35
|
37
|
37
|
36
|
36
|
36
|
36
|
36
|
36
|
36
|
37
|
41
|
40
|
40
|
37
|
33
|
31
|
31
|
33
|
31
|
34
|
35
|
33
|
30
|
32
|
32
|
35
|
29
|
33
|
31
|
25
|
23
|
14
|
14
|
9
|
3
|
5
|
6
|
13
|
20
|
17
|
17
|
20
|
24
|
30
|
33
|
33
|
31
|
30
|
27
|
26
|
25
|
|
| Net Income (Common) |
19
N/A
|
19
+4%
|
4
-80%
|
4
+13%
|
4
-2%
|
(3)
N/A
|
16
N/A
|
12
-27%
|
12
+6%
|
20
+63%
|
16
-20%
|
22
+36%
|
23
+5%
|
22
-5%
|
22
0%
|
21
-3%
|
22
+5%
|
21
-3%
|
23
+7%
|
23
+1%
|
20
-14%
|
21
+6%
|
21
+1%
|
22
+4%
|
32
+48%
|
32
+1%
|
34
+4%
|
45
+34%
|
35
-23%
|
37
+7%
|
37
0%
|
36
-3%
|
36
+1%
|
36
-1%
|
36
-1%
|
36
+2%
|
36
-1%
|
36
+1%
|
37
+2%
|
41
+11%
|
40
-2%
|
40
-1%
|
37
-7%
|
33
-10%
|
31
-5%
|
31
-2%
|
33
+6%
|
31
-6%
|
34
+11%
|
35
+1%
|
33
-5%
|
30
-9%
|
32
+6%
|
32
+2%
|
35
+8%
|
29
-16%
|
33
+12%
|
31
-5%
|
25
-18%
|
23
-10%
|
14
-39%
|
14
-4%
|
9
-33%
|
3
-70%
|
5
+82%
|
6
+26%
|
13
+117%
|
20
+48%
|
17
-15%
|
17
-1%
|
20
+22%
|
24
+21%
|
30
+21%
|
33
+12%
|
33
-2%
|
31
-4%
|
30
-5%
|
27
-11%
|
26
-3%
|
25
-5%
|
|
| EPS (Diluted) |
0.25
N/A
|
0.26
+4%
|
0.05
-81%
|
0.06
+20%
|
0.06
N/A
|
-0.03
N/A
|
0.22
N/A
|
0.16
-27%
|
0.17
+6%
|
0.28
+65%
|
0.22
-21%
|
0.3
+36%
|
0.31
+3%
|
0.29
-6%
|
0.29
N/A
|
0.28
-3%
|
0.3
+7%
|
0.29
-3%
|
0.31
+7%
|
0.32
+3%
|
0.27
-16%
|
0.29
+7%
|
0.29
N/A
|
0.3
+3%
|
0.44
+47%
|
0.44
N/A
|
0.46
+5%
|
0.62
+35%
|
0.48
-23%
|
0.52
+8%
|
0.52
N/A
|
0.5
-4%
|
0.5
N/A
|
0.49
-2%
|
0.48
-2%
|
0.49
+2%
|
0.49
N/A
|
0.5
+2%
|
0.51
+2%
|
0.56
+10%
|
0.55
-2%
|
0.53
-4%
|
0.49
-8%
|
0.44
-10%
|
0.43
-2%
|
0.41
-5%
|
0.44
+7%
|
0.42
-5%
|
0.47
+12%
|
0.48
+2%
|
0.45
-6%
|
0.41
-9%
|
0.43
+5%
|
0.44
+2%
|
0.48
+9%
|
0.4
-17%
|
0.45
+12%
|
0.42
-7%
|
0.35
-17%
|
0.31
-11%
|
0.19
-39%
|
0.19
N/A
|
0.12
-37%
|
0.04
-67%
|
0.07
+75%
|
0.08
+14%
|
0.18
+125%
|
0.27
+50%
|
0.23
-15%
|
0.23
N/A
|
0.28
+22%
|
0.33
+18%
|
0.41
+24%
|
0.45
+10%
|
0.44
-2%
|
0.43
-2%
|
0.41
-5%
|
0.37
-10%
|
0.36
-3%
|
0.34
-6%
|
|