Walsin Lihwa Corporation (WALSIN) income statement
TAI · Basic Materials · Steel · 9,691 employees · CEO Shyi-Chin Wang
- Price
- NT$37.60 +4.59%
- Market cap
- NT$167B
- Enterprise value
- NT$239B
- Last report
- Q2 '26 filed 2026-06-30
- Next report
- 2026-11-02 EPS est. NT$1.86
Walsin Lihwa Corporation (WALSIN) reported revenue of NT$49.6B for Q2 '26 (+6.9% year on year), operating income of NT$726M (1.5% of revenue) and net income of NT$9B. Over the last four quarters revenue was NT$174B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NT$46.3B | NT$43.3B | NT$40.5B | NT$48.3B | NT$43.8B | NT$46.7B | NT$44.8B | NT$46.4B | NT$41.1B | NT$41.9B | NT$41.1B | NT$49.6B | |
| Cost of revenue | NT$42.7B | NT$40.9B | NT$38.2B | NT$44.4B | NT$41.2B | NT$44.3B | NT$41.1B | NT$43B | NT$39.4B | NT$39.8B | NT$38.2B | NT$45.9B | |
| Gross profit | NT$3.66B | NT$2.48B | NT$2.4B | NT$3.92B | NT$2.58B | NT$2.37B | NT$3.7B | NT$3.38B | NT$1.68B | NT$2.05B | NT$2.89B | NT$3.75B | |
| Research & development | NT$68M | NT$91.8M | NT$84.3M | NT$120M | NT$106M | NT$189M | NT$95.2M | NT$88M | NT$85.7M | NT$172M | NT$103M | NT$129M | |
| Sales & marketing | NT$555M | NT$523M | NT$567M | NT$693M | NT$669M | NT$737M | NT$693M | NT$770M | NT$764M | NT$843M | NT$600M | NT$859M | |
| General & administrative | NT$1.32B | NT$1.74B | NT$1.57B | NT$1.61B | NT$1.58B | NT$1.54B | NT$1.96B | NT$2.03B | NT$1.75B | NT$1.83B | NT$1.94B | NT$2.04B | |
| Other operating expenses | NT$0 | NT$0 | NT$90.2M | NT$0 | NT$0 | NT$0 | NT$0 | NT$0 | NT$0 | NT$0 | -NT$302M | NT$0 | |
| Operating expenses | NT$1.94B | NT$2.36B | NT$1.91B | NT$2.17B | NT$2.36B | NT$2.47B | NT$2.75B | NT$2.89B | NT$2.6B | NT$2.84B | NT$2.34B | NT$3.03B | |
| Operating income | NT$2.06B | NT$115M | NT$487M | NT$1.74B | NT$226M | -NT$94.8M | NT$950M | NT$498M | -NT$628M | -NT$788M | NT$547M | NT$726M | |
| Interest income | NT$142M | NT$186M | NT$112M | NT$98.2M | NT$52M | NT$117M | NT$130M | NT$126M | NT$159M | -NT$17.2M | NT$125M | NT$65.7M | |
| Interest expense | NT$551M | NT$609M | NT$605M | NT$546M | NT$593M | NT$616M | NT$659M | NT$640M | NT$594M | NT$440M | NT$597M | NT$569M | |
| Other non-operating income (gains on investments, FX ...) | -NT$99.3M | -NT$852M | -NT$790M | -NT$882M | -NT$457M | NT$151M | -NT$446M | -NT$526M | -NT$366M | -NT$1.51B | NT$6K | NT$0 | |
| Total non-operating income | -NT$146M | NT$243M | NT$185M | NT$1.04B | -NT$135M | -NT$751M | -NT$213M | -NT$114M | NT$873M | NT$1.07B | NT$3.51B | NT$8.39B | |
| Income before tax | NT$1.81B | NT$358M | NT$657M | NT$2.79B | NT$90.3M | -NT$846M | NT$737M | NT$384M | NT$233M | NT$278M | NT$4.06B | NT$9.11B | |
| Income tax | NT$82.2M | -NT$8.5M | -NT$128M | NT$477M | -NT$99.2M | -NT$289M | NT$128M | NT$18.4M | -NT$438M | -NT$416M | NT$562M | NT$110M | |
| Net income | NT$1.63B | NT$384M | NT$870M | NT$2.25B | NT$359M | -NT$584M | NT$679M | NT$488M | NT$998M | NT$1.01B | NT$3.58B | NT$9B | |
| EPS (basic) | NT$0.41 | NT$0.10 | NT$0.22 | NT$0.56 | NT$0.09 | -NT$0.14 | NT$0.17 | NT$0.12 | NT$0.23 | NT$0.23 | NT$0.81 | NT$2.04 | |
| EPS (diluted) | NT$0.41 | NT$0.08 | NT$0.22 | NT$0.56 | NT$0.09 | -NT$0.14 | NT$0.17 | NT$0.12 | NT$0.23 | NT$0.23 | NT$0.81 | NT$2.04 | |
| Shares (basic, weighted) | 4.03B | 4.03B | 4.03B | 4.03B | 3.98B | 4.03B | 3.99B | 4.07B | 4.34B | 2.97B | 4.43B | 4.41B | |
| Shares (diluted, weighted) | 4.03B | 4.63B | 4.03B | 4.03B | 3.98B | 4.03B | 3.99B | 4.07B | 4.34B | 2.97B | 4.43B | 4.41B | |
| Depreciation & amortization | NT$2.35B | NT$2.19B | NT$2.22B | NT$2.28B | NT$2.75B | NT$2.42B | NT$2.18B | NT$2.15B | NT$2.12B | NT$2.24B | NT$2.25B | NT$2.2B | |
| EBITDA | NT$4.41B | NT$3.16B | NT$3.49B | NT$4.9B | NT$3.43B | NT$2.18B | NT$3.58B | NT$3.17B | NT$1.86B | NT$178M | NT$2.8B | NT$2.92B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NT$143B | NT$168B | NT$191B | NT$135B | NT$113B | NT$157B | NT$180B | NT$190B | NT$179B | NT$174B | |
| Cost of revenue | NT$134B | NT$156B | NT$175B | NT$125B | NT$100B | NT$137B | NT$163B | NT$175B | NT$168B | NT$163B | |
| Gross profit | NT$9.56B | NT$12B | NT$15.9B | NT$9.39B | NT$12.5B | NT$19.8B | NT$17.3B | NT$14.4B | NT$11.7B | NT$11.1B | |
| Research & development | NT$32.3M | NT$72.4M | NT$131M | NT$143M | NT$124M | NT$192M | NT$219M | NT$294M | NT$499M | NT$441M | |
| Sales & marketing | NT$1.95B | NT$1.72B | NT$2.14B | NT$2.08B | NT$1.87B | NT$2.49B | NT$2.88B | NT$2.17B | NT$2.67B | NT$3.07B | |
| General & administrative | NT$2.26B | NT$2.31B | NT$2.63B | NT$3.11B | NT$3.09B | NT$3.78B | NT$4.75B | NT$5.74B | NT$6.35B | NT$7.56B | |
| Operating expenses | NT$4.24B | NT$4.11B | NT$4.91B | NT$5.33B | NT$5.08B | NT$6.46B | NT$7.85B | NT$5.92B | NT$9.52B | NT$11.1B | |
| Operating income | NT$5.32B | NT$7.9B | NT$11B | NT$5.41B | NT$9.14B | NT$18.9B | NT$16.7B | NT$6.24B | NT$2.17B | NT$18.9M | |
| Interest income | NT$312M | NT$332M | NT$355M | NT$268M | NT$262M | NT$92M | NT$241M | NT$542M | NT$379M | NT$398M | |
| Interest expense | NT$323M | NT$513M | NT$684M | NT$560M | NT$540M | NT$418M | NT$828M | NT$2.14B | NT$2.36B | NT$2.33B | |
| Other non-operating income (gains on investments, FX ...) | -NT$1.17B | -NT$2.01B | -NT$6.33B | NT$110M | -NT$649M | -NT$653M | -NT$14.7B | -NT$3.23B | -NT$1.89B | -NT$3.95B | |
| Total non-operating income | NT$852M | NT$1.5B | NT$599M | -NT$669M | NT$109M | NT$235M | NT$13.9B | NT$1.2B | NT$343M | NT$1.61B | |
| Income before tax | NT$6.17B | NT$9.39B | NT$16.7B | NT$4.74B | NT$9.25B | NT$19.1B | NT$23.4B | NT$7.44B | NT$2.51B | NT$1.63B | |
| Income tax | NT$1.33B | NT$2.7B | NT$4.71B | NT$957M | NT$2.24B | NT$3.87B | NT$4.26B | NT$1.5B | -NT$87.5M | -NT$708M | |
| Net income | NT$4.57B | NT$6.56B | NT$11.8B | NT$3.15B | NT$6.69B | NT$14.6B | NT$19.4B | NT$5.13B | NT$2.79B | NT$3.18B | |
| EPS (basic) | NT$1.31 | NT$1.94 | NT$3.47 | NT$0.93 | NT$2.01 | NT$4.20 | NT$5.45 | NT$1.32 | NT$0.69 | NT$0.75 | |
| EPS (diluted) | NT$1.31 | NT$1.94 | NT$3.47 | NT$0.93 | NT$2.01 | NT$4.19 | NT$5.44 | NT$1.32 | NT$0.69 | NT$0.75 | |
| Shares (basic, weighted) | 3.48B | 3.38B | 3.38B | 3.38B | 3.33B | 3.49B | 3.55B | 3.89B | 4.03B | 3.12B | |
| Shares (diluted, weighted) | 3.49B | 3.39B | 3.39B | 3.39B | 3.34B | 3.5B | 3.56B | 3.89B | 4.03B | 3.12B | |
| Depreciation & amortization | NT$1.84B | NT$1.79B | NT$1.77B | NT$2.17B | NT$2.44B | NT$2.83B | NT$4.45B | NT$8.21B | NT$9.65B | NT$8.69B | |
| EBITDA | NT$7.34B | NT$9.68B | NT$14.1B | NT$7.47B | NT$12.2B | NT$22.4B | NT$25.1B | NT$17.7B | NT$13.7B | NT$12.7B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in TWD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings.
Data as of 2026-11-02