Hiwin Mikrosystem Corp
TWSE:4576
Income Statement
Earnings Waterfall
Hiwin Mikrosystem Corp
Income Statement
Hiwin Mikrosystem Corp
| 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 |
16
|
16
|
16
|
17
|
17
|
15
|
14
|
11
|
11
|
10
|
10
|
11
|
12
|
12
|
12
|
12
|
13
|
13
|
13
|
13
|
13
|
13
|
15
|
15
|
16
|
15
|
13
|
13
|
|
| Revenue |
2 809
N/A
|
2 616
-7%
|
2 427
-7%
|
2 142
-12%
|
2 041
-5%
|
2 126
+4%
|
2 161
+2%
|
2 304
+7%
|
2 452
+6%
|
2 590
+6%
|
2 746
+6%
|
2 971
+8%
|
3 184
+7%
|
3 346
+5%
|
3 413
+2%
|
3 368
-1%
|
3 228
-4%
|
2 924
-9%
|
2 625
-10%
|
2 337
-11%
|
2 170
-7%
|
2 072
-5%
|
2 093
+1%
|
2 183
+4%
|
2 254
+3%
|
2 388
+6%
|
2 487
+4%
|
2 578
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||
| Cost of Revenue |
(1 746)
|
(1 644)
|
(1 550)
|
(1 396)
|
(1 392)
|
(1 462)
|
(1 471)
|
(1 541)
|
(1 612)
|
(1 677)
|
(1 776)
|
(1 933)
|
(2 098)
|
(2 192)
|
(2 230)
|
(2 195)
|
(2 112)
|
(1 960)
|
(1 805)
|
(1 625)
|
(1 502)
|
(1 455)
|
(1 450)
|
(1 506)
|
(1 554)
|
(1 590)
|
(1 616)
|
(1 672)
|
|
| Gross Profit |
1 063
N/A
|
972
-9%
|
877
-10%
|
745
-15%
|
650
-13%
|
663
+2%
|
690
+4%
|
763
+11%
|
840
+10%
|
913
+9%
|
970
+6%
|
1 038
+7%
|
1 086
+5%
|
1 154
+6%
|
1 182
+2%
|
1 173
-1%
|
1 116
-5%
|
964
-14%
|
820
-15%
|
713
-13%
|
668
-6%
|
617
-8%
|
643
+4%
|
676
+5%
|
699
+3%
|
797
+14%
|
871
+9%
|
905
+4%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(785)
|
(758)
|
(727)
|
(678)
|
(630)
|
(636)
|
(639)
|
(660)
|
(651)
|
(662)
|
(671)
|
(675)
|
(690)
|
(703)
|
(725)
|
(752)
|
(738)
|
(716)
|
(694)
|
(652)
|
(642)
|
(651)
|
(635)
|
(647)
|
(648)
|
(647)
|
(639)
|
(635)
|
|
| Selling, General & Administrative |
(407)
|
(389)
|
(369)
|
(347)
|
(296)
|
(299)
|
(294)
|
(302)
|
(295)
|
(302)
|
(319)
|
(336)
|
(376)
|
(398)
|
(416)
|
(436)
|
(426)
|
(417)
|
(406)
|
(381)
|
(362)
|
(363)
|
(351)
|
(362)
|
(368)
|
(370)
|
(376)
|
(372)
|
|
| Research & Development |
(378)
|
(369)
|
(358)
|
(330)
|
(334)
|
(337)
|
(345)
|
(358)
|
(357)
|
(271)
|
(264)
|
(250)
|
(314)
|
(305)
|
(308)
|
(315)
|
(311)
|
(299)
|
(289)
|
(271)
|
(280)
|
(289)
|
(284)
|
(284)
|
(281)
|
(275)
|
(262)
|
(262)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(88)
|
(88)
|
(88)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
277
N/A
|
214
-23%
|
150
-30%
|
68
-55%
|
19
-71%
|
27
+41%
|
51
+87%
|
103
+103%
|
188
+82%
|
251
+33%
|
299
+19%
|
364
+22%
|
396
+9%
|
451
+14%
|
457
+1%
|
422
-8%
|
379
-10%
|
248
-35%
|
126
-49%
|
61
-51%
|
26
-57%
|
(34)
N/A
|
8
N/A
|
30
+279%
|
51
+72%
|
151
+194%
|
233
+54%
|
270
+16%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
8
|
3
|
(12)
|
(21)
|
(34)
|
(24)
|
(32)
|
(20)
|
(30)
|
(33)
|
(36)
|
(40)
|
(40)
|
(18)
|
22
|
45
|
65
|
52
|
33
|
37
|
2
|
23
|
29
|
9
|
38
|
35
|
(64)
|
(45)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
18
|
18
|
50
|
55
|
60
|
62
|
34
|
24
|
17
|
14
|
13
|
25
|
25
|
29
|
32
|
29
|
28
|
33
|
28
|
21
|
15
|
16
|
20
|
24
|
25
|
24
|
22
|
17
|
|
| Pre-Tax Income |
303
N/A
|
235
-23%
|
189
-20%
|
103
-45%
|
45
-56%
|
65
+45%
|
53
-19%
|
107
+102%
|
175
+64%
|
232
+32%
|
276
+19%
|
348
+26%
|
381
+9%
|
461
+21%
|
511
+11%
|
495
-3%
|
471
-5%
|
333
-29%
|
187
-44%
|
118
-37%
|
43
-63%
|
5
-89%
|
57
+1 121%
|
62
+10%
|
115
+84%
|
210
+83%
|
190
-9%
|
242
+27%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
(45)
|
(36)
|
(32)
|
(19)
|
(5)
|
(8)
|
1
|
(7)
|
(22)
|
(30)
|
(39)
|
(50)
|
(55)
|
(68)
|
(77)
|
(82)
|
(79)
|
(58)
|
(35)
|
(21)
|
(4)
|
4
|
(2)
|
(7)
|
(24)
|
(41)
|
(36)
|
(40)
|
|
| Income from Continuing Operations |
258
|
198
|
157
|
84
|
40
|
57
|
53
|
100
|
154
|
201
|
237
|
298
|
326
|
393
|
434
|
413
|
392
|
275
|
152
|
98
|
39
|
9
|
55
|
56
|
91
|
171
|
157
|
204
|
|
| Income to Minority Interest |
(18)
|
(14)
|
(11)
|
(7)
|
(5)
|
(11)
|
(16)
|
(18)
|
(18)
|
(21)
|
(21)
|
(24)
|
(29)
|
(35)
|
(49)
|
(59)
|
(66)
|
(61)
|
(51)
|
(47)
|
(34)
|
(33)
|
(34)
|
(27)
|
(30)
|
(33)
|
(20)
|
(19)
|
|
| Net Income (Common) |
240
N/A
|
185
-23%
|
146
-21%
|
77
-47%
|
35
-55%
|
46
+32%
|
37
-19%
|
82
+120%
|
135
+65%
|
180
+33%
|
216
+20%
|
274
+27%
|
297
+8%
|
358
+21%
|
385
+7%
|
355
-8%
|
327
-8%
|
214
-34%
|
101
-53%
|
51
-49%
|
5
-90%
|
(24)
N/A
|
21
N/A
|
28
+34%
|
61
+115%
|
137
+126%
|
136
-1%
|
184
+35%
|
|
| EPS (Diluted) |
2.34
N/A
|
1.73
-26%
|
1.37
-21%
|
0.69
-50%
|
0.31
-55%
|
0.38
+23%
|
0.31
-18%
|
0.68
+119%
|
1.13
+66%
|
1.5
+33%
|
1.8
+20%
|
2.29
+27%
|
2.48
+8%
|
2.99
+21%
|
3.21
+7%
|
2.96
-8%
|
2.72
-8%
|
1.78
-35%
|
0.84
-53%
|
0.43
-49%
|
0.04
-91%
|
-0.2
N/A
|
0.18
N/A
|
0.23
+28%
|
0.51
+122%
|
1.14
+124%
|
1.13
-1%
|
1.53
+35%
|
|