Tung Ho Steel Enterprise Corp
TWSE:2006
Income Statement
Earnings Waterfall
Tung Ho Steel Enterprise Corp
Income Statement
Tung Ho Steel Enterprise Corp
| 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 |
277
|
271
|
251
|
192
|
142
|
126
|
115
|
97
|
101
|
118
|
141
|
180
|
188
|
196
|
196
|
188
|
187
|
176
|
171
|
159
|
146
|
143
|
144
|
142
|
134
|
125
|
115
|
111
|
102
|
102
|
99
|
93
|
91
|
84
|
81
|
85
|
99
|
121
|
150
|
180
|
225
|
267
|
293
|
308
|
296
|
276
|
256
|
221
|
190
|
154
|
131
|
142
|
150
|
161
|
183
|
228
|
298
|
366
|
435
|
450
|
435
|
1 288
|
1 261
|
1 235
|
344
|
315
|
287
|
263
|
|
| Revenue |
51 870
N/A
|
44 990
-13%
|
35 448
-21%
|
28 484
-20%
|
23 949
-16%
|
27 088
+13%
|
32 714
+21%
|
33 860
+4%
|
34 635
+2%
|
37 318
+8%
|
40 168
+8%
|
43 020
+7%
|
44 124
+3%
|
43 883
-1%
|
41 799
-5%
|
40 664
-3%
|
39 683
-2%
|
38 792
-2%
|
36 441
-6%
|
35 153
-4%
|
35 119
0%
|
34 482
-2%
|
35 224
+2%
|
35 812
+2%
|
35 892
+0%
|
35 962
+0%
|
34 623
-4%
|
32 812
-5%
|
31 053
-5%
|
28 647
-8%
|
27 571
-4%
|
26 713
-3%
|
25 210
-6%
|
26 624
+6%
|
26 554
0%
|
28 711
+8%
|
31 749
+11%
|
33 104
+4%
|
36 056
+9%
|
39 101
+8%
|
39 770
+2%
|
42 448
+7%
|
44 123
+4%
|
43 621
-1%
|
44 864
+3%
|
42 987
-4%
|
41 375
-4%
|
41 244
0%
|
42 866
+4%
|
46 117
+8%
|
50 940
+10%
|
55 018
+8%
|
58 795
+7%
|
61 139
+4%
|
62 430
+2%
|
62 450
+0%
|
59 217
-5%
|
58 399
-1%
|
71 246
+22%
|
72 123
+1%
|
60 962
-15%
|
75 808
+24%
|
62 170
-18%
|
61 661
-1%
|
60 163
-2%
|
59 817
-1%
|
60 057
+0%
|
59 036
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(46 692)
|
(41 158)
|
(33 493)
|
(28 148)
|
(21 608)
|
(24 729)
|
(29 637)
|
(31 119)
|
(31 652)
|
(33 677)
|
(36 314)
|
(38 281)
|
(39 413)
|
(39 414)
|
(37 524)
|
(36 840)
|
(35 733)
|
(35 036)
|
(32 910)
|
(31 577)
|
(31 416)
|
(30 953)
|
(31 827)
|
(32 643)
|
(33 004)
|
(33 051)
|
(31 673)
|
(29 920)
|
(28 020)
|
(25 750)
|
(24 449)
|
(23 515)
|
(22 239)
|
(23 225)
|
(23 319)
|
(25 311)
|
(27 947)
|
(29 472)
|
(32 498)
|
(35 473)
|
(36 445)
|
(39 086)
|
(40 537)
|
(39 904)
|
(40 732)
|
(38 514)
|
(36 515)
|
(35 729)
|
(36 246)
|
(38 508)
|
(42 380)
|
(45 677)
|
(49 321)
|
(51 836)
|
(53 168)
|
(54 360)
|
(51 767)
|
(50 906)
|
(62 015)
|
(62 008)
|
(52 316)
|
(65 128)
|
(53 335)
|
(52 932)
|
(51 772)
|
(51 497)
|
(51 477)
|
(50 530)
|
|
| Gross Profit |
5 178
N/A
|
3 832
-26%
|
1 955
-49%
|
336
-83%
|
2 341
+597%
|
2 359
+1%
|
3 077
+30%
|
2 740
-11%
|
2 983
+9%
|
3 640
+22%
|
3 853
+6%
|
4 740
+23%
|
4 711
-1%
|
4 470
-5%
|
4 277
-4%
|
3 825
-11%
|
3 950
+3%
|
3 757
-5%
|
3 531
-6%
|
3 576
+1%
|
3 703
+4%
|
3 529
-5%
|
3 397
-4%
|
3 169
-7%
|
2 888
-9%
|
2 911
+1%
|
2 951
+1%
|
2 894
-2%
|
3 034
+5%
|
2 901
-4%
|
3 125
+8%
|
3 200
+2%
|
2 970
-7%
|
3 399
+14%
|
3 235
-5%
|
3 400
+5%
|
3 802
+12%
|
3 632
-4%
|
3 558
-2%
|
3 628
+2%
|
3 325
-8%
|
3 362
+1%
|
3 585
+7%
|
3 717
+4%
|
4 132
+11%
|
4 473
+8%
|
4 860
+9%
|
5 515
+13%
|
6 621
+20%
|
7 609
+15%
|
8 560
+13%
|
9 341
+9%
|
9 474
+1%
|
9 304
-2%
|
9 262
0%
|
8 090
-13%
|
7 450
-8%
|
7 493
+1%
|
9 231
+23%
|
10 116
+10%
|
8 646
-15%
|
10 680
+24%
|
8 835
-17%
|
8 729
-1%
|
8 391
-4%
|
8 320
-1%
|
8 581
+3%
|
8 506
-1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2 334)
|
(2 066)
|
(1 726)
|
(1 611)
|
(1 460)
|
(1 558)
|
(1 707)
|
(1 685)
|
(1 578)
|
(1 667)
|
(1 679)
|
(1 755)
|
(1 776)
|
(1 674)
|
(1 685)
|
(1 661)
|
(1 675)
|
(1 637)
|
(1 570)
|
(1 515)
|
(1 517)
|
(1 534)
|
(1 527)
|
(1 583)
|
(1 533)
|
(2 107)
|
(2 129)
|
(2 049)
|
(1 523)
|
(1 524)
|
(1 479)
|
(1 476)
|
(1 479)
|
(1 666)
|
(1 730)
|
(1 982)
|
(1 960)
|
(2 046)
|
(2 079)
|
(1 991)
|
(2 049)
|
(2 039)
|
(2 095)
|
(2 068)
|
(2 025)
|
(2 007)
|
(1 986)
|
(2 044)
|
(2 199)
|
(2 276)
|
(2 315)
|
(2 460)
|
(2 414)
|
(2 475)
|
(2 497)
|
(2 364)
|
(2 332)
|
(2 322)
|
(2 953)
|
(3 048)
|
(2 647)
|
(3 337)
|
(2 716)
|
(2 745)
|
(2 686)
|
(2 722)
|
(2 693)
|
(2 757)
|
|
| Selling, General & Administrative |
(2 335)
|
(2 038)
|
(1 725)
|
(1 610)
|
(1 460)
|
(1 551)
|
(1 707)
|
(1 684)
|
(1 578)
|
(1 663)
|
(1 677)
|
(1 754)
|
(1 776)
|
(1 675)
|
(1 686)
|
(1 615)
|
(1 675)
|
(1 570)
|
(1 509)
|
(1 513)
|
(1 516)
|
(1 506)
|
(1 499)
|
(1 558)
|
(1 533)
|
(1 534)
|
(1 556)
|
(1 476)
|
(1 523)
|
(1 516)
|
(1 471)
|
(1 468)
|
(1 479)
|
(1 578)
|
(1 642)
|
(1 894)
|
(1 960)
|
(2 031)
|
(2 064)
|
(1 970)
|
(2 049)
|
(2 018)
|
(2 074)
|
(2 067)
|
(2 025)
|
(2 007)
|
(1 986)
|
(2 044)
|
(2 199)
|
(2 276)
|
(2 343)
|
(2 460)
|
(2 414)
|
(2 474)
|
(2 497)
|
(2 364)
|
(2 332)
|
(2 309)
|
(2 953)
|
(3 048)
|
(2 647)
|
(3 276)
|
(2 716)
|
(2 745)
|
(2 686)
|
(2 685)
|
(2 694)
|
(2 758)
|
|
| Other Operating Expenses |
0
|
(28)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(46)
|
0
|
(67)
|
(61)
|
0
|
0
|
(28)
|
(28)
|
(25)
|
0
|
(573)
|
(573)
|
(573)
|
0
|
(8)
|
(8)
|
(8)
|
0
|
(88)
|
(88)
|
(88)
|
0
|
(15)
|
(15)
|
(21)
|
0
|
(21)
|
(21)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
28
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
|
| Operating Income |
2 844
N/A
|
1 766
-38%
|
229
-87%
|
(1 276)
N/A
|
881
N/A
|
800
-9%
|
1 369
+71%
|
1 056
-23%
|
1 405
+33%
|
1 974
+40%
|
2 175
+10%
|
2 984
+37%
|
2 936
-2%
|
2 795
-5%
|
2 591
-7%
|
2 164
-16%
|
2 275
+5%
|
2 120
-7%
|
1 961
-8%
|
2 061
+5%
|
2 186
+6%
|
1 996
-9%
|
1 871
-6%
|
1 587
-15%
|
1 355
-15%
|
804
-41%
|
821
+2%
|
844
+3%
|
1 511
+79%
|
1 374
-9%
|
1 644
+20%
|
1 722
+5%
|
1 492
-13%
|
1 733
+16%
|
1 505
-13%
|
1 419
-6%
|
1 842
+30%
|
1 586
-14%
|
1 479
-7%
|
1 636
+11%
|
1 275
-22%
|
1 323
+4%
|
1 491
+13%
|
1 649
+11%
|
2 107
+28%
|
2 466
+17%
|
2 875
+17%
|
3 471
+21%
|
4 421
+27%
|
5 333
+21%
|
6 245
+17%
|
6 881
+10%
|
7 060
+3%
|
6 829
-3%
|
6 765
-1%
|
5 726
-15%
|
5 118
-11%
|
5 172
+1%
|
6 278
+21%
|
7 068
+13%
|
5 999
-15%
|
7 343
+22%
|
6 118
-17%
|
5 984
-2%
|
5 705
-5%
|
5 598
-2%
|
5 887
+5%
|
5 748
-2%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(707)
|
(892)
|
(697)
|
(211)
|
209
|
282
|
230
|
203
|
40
|
(34)
|
5
|
(47)
|
(31)
|
0
|
(92)
|
(121)
|
(148)
|
(110)
|
(30)
|
75
|
164
|
228
|
250
|
248
|
334
|
240
|
194
|
102
|
(112)
|
(151)
|
(163)
|
(67)
|
138
|
140
|
100
|
114
|
88
|
96
|
138
|
14
|
(112)
|
(83)
|
(144)
|
(85)
|
(65)
|
(152)
|
(115)
|
(117)
|
19
|
208
|
231
|
278
|
214
|
211
|
174
|
128
|
35
|
(137)
|
(173)
|
(190)
|
(94)
|
(994)
|
(980)
|
(1 032)
|
(73)
|
(15)
|
(314)
|
(123)
|
|
| Non-Reccuring Items |
(28)
|
0
|
(32)
|
(32)
|
(7)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(4)
|
(4)
|
(11)
|
(43)
|
(47)
|
0
|
(97)
|
0
|
0
|
(62)
|
(27)
|
0
|
0
|
0
|
(573)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
(15)
|
(21)
|
0
|
0
|
0
|
0
|
(85)
|
(84)
|
(84)
|
(57)
|
28
|
0
|
27
|
(1)
|
0
|
0
|
(1)
|
(12)
|
0
|
(12)
|
(37)
|
(16)
|
0
|
(77)
|
(53)
|
(21)
|
0
|
(21)
|
(19)
|
|
| Gain/Loss on Disposition of Assets |
2
|
2
|
4
|
4
|
1
|
(1)
|
0
|
0
|
(7)
|
(5)
|
(6)
|
(5)
|
30
|
31
|
0
|
30
|
(3)
|
(3)
|
(11)
|
(12)
|
(9)
|
(9)
|
(2)
|
(1)
|
(1)
|
9
|
10
|
10
|
10
|
12
|
12
|
12
|
4
|
(9)
|
(9)
|
(9)
|
(41)
|
(39)
|
(38)
|
(38)
|
4
|
0
|
0
|
0
|
(2)
|
(2)
|
(1)
|
(2)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(4)
|
(6)
|
(4)
|
(4)
|
0
|
1
|
(2)
|
(2)
|
(59)
|
(59)
|
|
| Total Other Income |
302
|
100
|
48
|
94
|
100
|
74
|
101
|
75
|
39
|
124
|
80
|
139
|
100
|
(17)
|
29
|
(109)
|
17
|
69
|
97
|
179
|
108
|
98
|
87
|
153
|
170
|
195
|
209
|
108
|
115
|
67
|
95
|
101
|
137
|
153
|
112
|
154
|
124
|
128
|
123
|
74
|
109
|
137
|
133
|
139
|
82
|
67
|
73
|
91
|
106
|
107
|
110
|
108
|
78
|
81
|
96
|
72
|
100
|
109
|
131
|
153
|
117
|
1 063
|
1 059
|
1 051
|
116
|
125
|
139
|
155
|
|
| Pre-Tax Income |
2 412
N/A
|
977
-59%
|
(447)
N/A
|
(1 419)
-217%
|
1 185
N/A
|
1 156
-2%
|
1 699
+47%
|
1 334
-21%
|
1 475
+11%
|
2 060
+40%
|
2 251
+9%
|
3 067
+36%
|
3 024
-1%
|
2 766
-9%
|
2 481
-10%
|
1 964
-21%
|
2 044
+4%
|
2 077
+2%
|
2 018
-3%
|
2 242
+11%
|
2 423
+8%
|
2 312
-5%
|
2 205
-5%
|
1 986
-10%
|
1 284
-35%
|
1 247
-3%
|
1 233
-1%
|
1 062
-14%
|
1 515
+43%
|
1 301
-14%
|
1 587
+22%
|
1 767
+11%
|
1 682
-5%
|
2 017
+20%
|
1 707
-15%
|
1 677
-2%
|
1 999
+19%
|
1 770
-11%
|
1 702
-4%
|
1 673
-2%
|
1 255
-25%
|
1 377
+10%
|
1 480
+7%
|
1 703
+15%
|
2 122
+25%
|
2 294
+8%
|
2 747
+20%
|
3 359
+22%
|
4 490
+34%
|
5 676
+26%
|
6 586
+16%
|
7 295
+11%
|
7 351
+1%
|
7 120
-3%
|
7 033
-1%
|
5 924
-16%
|
5 237
-12%
|
5 141
-2%
|
6 219
+21%
|
6 989
+12%
|
6 002
-14%
|
7 408
+23%
|
6 120
-17%
|
5 952
-3%
|
5 725
-4%
|
5 707
0%
|
5 633
-1%
|
5 703
+1%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(677)
|
(332)
|
67
|
309
|
(305)
|
(303)
|
(378)
|
(358)
|
(224)
|
(231)
|
(254)
|
(228)
|
(361)
|
(402)
|
(309)
|
(312)
|
(331)
|
(313)
|
(333)
|
(329)
|
(323)
|
(294)
|
(265)
|
(264)
|
(234)
|
(226)
|
(275)
|
(246)
|
(269)
|
(247)
|
(200)
|
(225)
|
(203)
|
(248)
|
(217)
|
(230)
|
(298)
|
(289)
|
(343)
|
(345)
|
(366)
|
(408)
|
(438)
|
(503)
|
(564)
|
(645)
|
(733)
|
(932)
|
(933)
|
(1 081)
|
(1 211)
|
(1 313)
|
(1 429)
|
(1 395)
|
(1 473)
|
(1 221)
|
(1 293)
|
(1 281)
|
(1 505)
|
(1 669)
|
(1 293)
|
(1 592)
|
(1 329)
|
(1 218)
|
(1 199)
|
(1 188)
|
(1 168)
|
(1 199)
|
|
| Income from Continuing Operations |
1 735
|
644
|
(381)
|
(1 111)
|
880
|
852
|
1 320
|
975
|
1 251
|
1 829
|
1 997
|
2 839
|
2 664
|
2 364
|
2 172
|
1 652
|
1 713
|
1 764
|
1 685
|
1 913
|
2 100
|
2 018
|
1 939
|
1 722
|
1 050
|
1 021
|
959
|
816
|
1 246
|
1 054
|
1 387
|
1 542
|
1 480
|
1 768
|
1 489
|
1 446
|
1 701
|
1 480
|
1 358
|
1 326
|
889
|
969
|
1 041
|
1 200
|
1 558
|
1 649
|
2 014
|
2 427
|
3 557
|
4 595
|
5 374
|
5 982
|
5 922
|
5 725
|
5 560
|
4 703
|
3 944
|
3 860
|
4 714
|
5 320
|
4 709
|
5 816
|
4 790
|
4 733
|
4 526
|
4 519
|
4 465
|
4 504
|
|
| Income to Minority Interest |
(9)
|
(13)
|
(19)
|
(21)
|
(1)
|
6
|
(1)
|
9
|
9
|
6
|
18
|
7
|
15
|
17
|
20
|
29
|
34
|
32
|
31
|
26
|
17
|
17
|
12
|
8
|
7
|
8
|
11
|
18
|
23
|
26
|
18
|
10
|
5
|
2
|
6
|
11
|
14
|
10
|
14
|
6
|
(1)
|
(10)
|
(10)
|
(2)
|
8
|
54
|
29
|
22
|
5
|
(31)
|
(17)
|
(19)
|
(15)
|
(17)
|
(19)
|
(18)
|
(17)
|
(16)
|
(18)
|
(24)
|
(30)
|
(39)
|
(43)
|
(46)
|
(46)
|
(44)
|
(43)
|
(37)
|
|
| Net Income (Common) |
1 726
N/A
|
630
-63%
|
(401)
N/A
|
(1 133)
-183%
|
879
N/A
|
860
-2%
|
1 321
+54%
|
986
-25%
|
1 260
+28%
|
1 836
+46%
|
2 016
+10%
|
2 847
+41%
|
2 679
-6%
|
2 381
-11%
|
2 191
-8%
|
1 680
-23%
|
1 748
+4%
|
1 795
+3%
|
1 716
-4%
|
1 939
+13%
|
2 117
+9%
|
2 035
-4%
|
1 952
-4%
|
1 730
-11%
|
1 057
-39%
|
1 029
-3%
|
969
-6%
|
834
-14%
|
1 269
+52%
|
1 076
-15%
|
1 404
+30%
|
1 551
+10%
|
1 485
-4%
|
1 774
+19%
|
1 496
-16%
|
1 458
-3%
|
1 715
+18%
|
1 490
-13%
|
1 372
-8%
|
1 332
-3%
|
888
-33%
|
958
+8%
|
1 031
+8%
|
1 199
+16%
|
1 566
+31%
|
1 703
+9%
|
2 043
+20%
|
2 448
+20%
|
3 562
+45%
|
4 563
+28%
|
5 358
+17%
|
5 963
+11%
|
5 906
-1%
|
5 708
-3%
|
5 542
-3%
|
4 685
-15%
|
3 994
-15%
|
3 844
-4%
|
4 731
+23%
|
5 352
+13%
|
4 729
-12%
|
5 827
+23%
|
4 763
-18%
|
4 680
-2%
|
4 480
-4%
|
4 474
0%
|
4 421
-1%
|
4 467
+1%
|
|
| EPS (Diluted) |
1.69
N/A
|
0.66
-61%
|
-0.39
N/A
|
-1.32
-238%
|
0.87
N/A
|
0.79
-9%
|
1.21
+53%
|
1.01
-17%
|
1.29
+28%
|
1.7
+32%
|
1.86
+9%
|
2.63
+41%
|
2.49
-5%
|
2.31
-7%
|
2.12
-8%
|
1.7
-20%
|
1.56
-8%
|
1.63
+4%
|
1.53
-6%
|
1.78
+16%
|
1.89
+6%
|
1.8
-5%
|
1.75
-3%
|
1.57
-10%
|
0.95
-39%
|
0.95
N/A
|
0.88
-7%
|
0.83
-6%
|
1.15
+39%
|
0.97
-16%
|
1.25
+29%
|
1.4
+12%
|
2.03
+45%
|
1.76
-13%
|
1.47
-16%
|
1.46
-1%
|
2.55
+75%
|
1.48
-42%
|
1.31
-11%
|
1.23
-6%
|
1.25
+2%
|
0.88
-30%
|
0.96
+9%
|
1.11
+16%
|
2.16
+95%
|
1.58
-27%
|
1.89
+20%
|
3.34
+77%
|
4.88
+46%
|
6.22
+27%
|
7.31
+18%
|
8.25
+13%
|
8.09
-2%
|
7.78
-4%
|
7.57
-3%
|
6.39
-16%
|
5.44
-15%
|
5.25
-3%
|
6.46
+23%
|
7.31
+13%
|
6.45
-12%
|
7.96
+23%
|
6.51
-18%
|
6.39
-2%
|
6.12
-4%
|
6.12
N/A
|
6.04
-1%
|
6.1
+1%
|
|