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Well Shin Technology Co Ltd
TWSE:3501

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Well Shin Technology Co Ltd
TWSE:3501
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Price: 50.5 TWD -1.17% Market Closed
Market Cap: NT$6B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-8%
5Y
+28%
10Y
+1%
Operating Income
+
3Y
-21%
5Y
-16%
10Y
-28%
Net Income
+
3Y
-20%
5Y
+18%
10Y
-26%

Earnings Waterfall
Well Shin Technology Co Ltd

Income Statement
Well Shin Technology Co Ltd

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Income Statement
Currency: TWD
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
19
16
13
10
6
5
5
4
3
3
3
4
5
6
6
7
7
6
6
6
5
5
4
3
2
3
3
3
3
3
2
2
3
3
4
5
6
8
10
11
10
9
8
6
5
4
3
3
3
3
4
5
6
6
7
6
7
7
6
5
3
1
1
2
3
3
7
8
Revenue
5 230
N/A
5 003
-4%
4 590
-8%
4 203
-8%
4 244
+1%
4 576
+8%
5 149
+13%
5 338
+4%
5 421
+2%
5 427
+0%
5 257
-3%
5 222
-1%
5 148
-1%
5 163
+0%
5 102
-1%
5 077
0%
5 282
+4%
5 306
+0%
5 429
+2%
5 442
+0%
5 277
-3%
5 190
-2%
5 100
-2%
5 120
+0%
5 358
+5%
5 434
+1%
5 459
+0%
5 633
+3%
5 421
-4%
5 439
+0%
5 337
-2%
5 056
-5%
4 921
-3%
4 792
-3%
4 721
-1%
4 855
+3%
4 987
+3%
5 003
+0%
5 202
+4%
5 377
+3%
5 522
+3%
5 545
+0%
5 542
0%
5 272
-5%
4 862
-8%
4 611
-5%
4 361
-5%
4 445
+2%
4 661
+5%
4 946
+6%
5 202
+5%
5 325
+2%
5 582
+5%
5 834
+5%
6 036
+3%
6 193
+3%
6 159
-1%
6 022
-2%
5 840
-3%
5 499
-6%
5 329
-3%
5 411
+2%
5 633
+4%
5 846
+4%
5 922
+1%
6 006
+1%
5 882
-2%
5 669
-4%
Gross Profit
Cost of Revenue
(4 303)
(4 085)
(3 672)
(3 251)
(3 119)
(3 358)
(3 782)
(4 004)
(4 119)
(4 197)
(4 085)
(4 064)
(3 986)
(3 943)
(3 868)
(3 824)
(3 983)
(4 001)
(4 106)
(4 135)
(4 069)
(4 053)
(3 985)
(3 997)
(4 172)
(4 147)
(4 147)
(4 195)
(3 997)
(3 926)
(3 819)
(3 545)
(3 332)
(3 216)
(3 127)
(3 300)
(3 474)
(3 607)
(3 803)
(3 890)
(4 003)
(4 016)
(4 020)
(3 908)
(3 618)
(3 475)
(3 302)
(3 328)
(3 531)
(3 765)
(4 035)
(4 245)
(4 514)
(4 753)
(4 898)
(4 906)
(4 751)
(4 555)
(4 404)
(4 188)
(4 056)
(4 097)
(4 229)
(4 390)
(4 489)
(4 580)
(4 536)
(4 468)
Gross Profit
927
N/A
918
-1%
918
0%
951
+4%
1 125
+18%
1 218
+8%
1 367
+12%
1 333
-2%
1 302
-2%
1 230
-6%
1 172
-5%
1 158
-1%
1 161
+0%
1 220
+5%
1 234
+1%
1 253
+2%
1 300
+4%
1 305
+0%
1 323
+1%
1 306
-1%
1 208
-8%
1 137
-6%
1 115
-2%
1 123
+1%
1 186
+6%
1 286
+8%
1 312
+2%
1 437
+10%
1 425
-1%
1 513
+6%
1 518
+0%
1 511
-1%
1 589
+5%
1 576
-1%
1 594
+1%
1 554
-2%
1 513
-3%
1 396
-8%
1 398
+0%
1 487
+6%
1 519
+2%
1 528
+1%
1 522
0%
1 364
-10%
1 243
-9%
1 136
-9%
1 058
-7%
1 117
+6%
1 130
+1%
1 181
+5%
1 167
-1%
1 080
-7%
1 069
-1%
1 081
+1%
1 138
+5%
1 287
+13%
1 409
+9%
1 467
+4%
1 435
-2%
1 311
-9%
1 272
-3%
1 314
+3%
1 404
+7%
1 456
+4%
1 434
-2%
1 425
-1%
1 346
-6%
1 200
-11%
Operating Income
Operating Expenses
(539)
(558)
(538)
(564)
(564)
(567)
(616)
(609)
(589)
(627)
(615)
(613)
(660)
(634)
(664)
(681)
(673)
(704)
(695)
(698)
(702)
(715)
(718)
(727)
(732)
(725)
(741)
(768)
(785)
(711)
(711)
(669)
(751)
(742)
(733)
(744)
(710)
(704)
(721)
(716)
(752)
(772)
(736)
(731)
(630)
(569)
(555)
(537)
(587)
(613)
(620)
(615)
(625)
(627)
(651)
(673)
(675)
(686)
(680)
(669)
(660)
(668)
(682)
(703)
(730)
(744)
(737)
(717)
Selling, General & Administrative
(506)
(526)
(494)
(539)
(543)
(548)
(611)
(585)
(565)
(599)
(586)
(581)
(619)
(589)
(618)
(634)
(628)
(663)
(650)
(651)
(653)
(658)
(663)
(673)
(635)
(633)
(636)
(660)
(736)
(727)
(739)
(703)
(711)
(703)
(701)
(710)
(673)
(668)
(683)
(678)
(716)
(733)
(695)
(689)
(587)
(528)
(514)
(498)
(546)
(573)
(579)
(574)
(583)
(589)
(611)
(634)
(631)
(640)
(634)
(618)
(607)
(614)
(627)
(652)
(683)
(699)
(693)
(673)
Research & Development
(33)
(32)
(44)
(25)
(21)
(19)
(5)
(24)
(24)
(27)
(29)
(32)
(41)
(45)
(46)
(47)
(45)
(41)
(46)
(47)
(49)
(57)
(55)
(54)
(97)
(92)
(105)
(108)
(50)
(64)
(53)
(47)
(40)
(39)
(33)
(34)
(37)
(36)
(38)
(38)
(35)
(40)
(41)
(43)
(43)
(41)
(41)
(39)
(41)
(31)
(31)
(31)
(42)
(38)
(39)
(39)
(44)
(46)
(46)
(51)
(53)
(55)
(55)
(51)
(47)
(44)
(44)
(43)
Other Operating Expenses
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
81
81
81
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(9)
(9)
(9)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Operating Income
388
N/A
360
-7%
380
+6%
387
+2%
561
+45%
651
+16%
751
+15%
724
-4%
714
-1%
604
-15%
558
-8%
545
-2%
502
-8%
586
+17%
570
-3%
573
+0%
627
+9%
601
-4%
628
+5%
609
-3%
506
-17%
422
-17%
397
-6%
396
0%
454
+15%
561
+24%
572
+2%
670
+17%
639
-5%
803
+26%
808
+1%
842
+4%
838
0%
834
0%
860
+3%
810
-6%
803
-1%
692
-14%
678
-2%
771
+14%
767
-1%
756
-1%
787
+4%
633
-20%
614
-3%
567
-8%
503
-11%
580
+15%
543
-6%
568
+5%
547
-4%
466
-15%
444
-5%
453
+2%
487
+7%
613
+26%
734
+20%
781
+6%
755
-3%
642
-15%
613
-5%
645
+5%
723
+12%
754
+4%
704
-7%
682
-3%
610
-11%
484
-21%
Pre-Tax Income
Interest Income Expense
(10)
90
102
88
131
54
44
5
(43)
(33)
(54)
8
49
33
65
(4)
(22)
29
26
40
74
81
40
65
113
59
67
150
87
67
111
(46)
35
(52)
(80)
(42)
(179)
(137)
2
58
117
179
69
65
(2)
36
(6)
(88)
(87)
(104)
(128)
(74)
(35)
(2)
122
264
219
152
155
45
45
120
59
(35)
121
83
19
77
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
81
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
Gain/Loss on Disposition of Assets
(3)
(3)
(5)
(6)
(5)
(5)
(2)
(1)
(0)
(0)
(0)
(1)
(0)
(0)
0
0
0
(1)
(1)
0
(1)
(0)
(1)
(3)
(3)
(3)
172
172
175
175
1
2
(1)
(1)
(1)
(1)
(1)
0
(1)
(0)
(0)
(0)
0
1
19
20
20
80
62
62
122
60
59
61
1
1
11
10
10
10
(0)
(1)
0
(0)
84
84
116
125
Total Other Income
26
31
31
25
17
51
54
56
62
32
40
37
16
18
9
3
20
21
16
31
37
38
46
39
32
32
(36)
(35)
(29)
(36)
39
35
29
31
26
53
60
66
75
57
54
50
43
80
83
82
81
46
45
46
46
47
32
33
28
23
34
32
35
32
34
31
33
36
31
48
47
47
Pre-Tax Income
401
N/A
478
+19%
508
+6%
494
-3%
704
+43%
752
+7%
847
+13%
784
-7%
732
-7%
602
-18%
544
-10%
588
+8%
566
-4%
637
+12%
644
+1%
572
-11%
624
+9%
649
+4%
670
+3%
679
+1%
616
-9%
540
-12%
482
-11%
496
+3%
596
+20%
649
+9%
774
+19%
956
+24%
953
0%
1 009
+6%
959
-5%
832
-13%
901
+8%
813
-10%
805
-1%
820
+2%
683
-17%
620
-9%
754
+22%
886
+18%
938
+6%
984
+5%
898
-9%
779
-13%
714
-8%
704
-1%
598
-15%
619
+4%
563
-9%
573
+2%
587
+3%
499
-15%
499
+0%
545
+9%
637
+17%
901
+41%
998
+11%
976
-2%
955
-2%
728
-24%
691
-5%
796
+15%
814
+2%
755
-7%
939
+24%
896
-5%
792
-12%
734
-7%
Net Income
Tax Provision
(102)
(121)
(131)
(132)
(193)
(200)
(190)
(167)
(148)
(120)
(125)
(131)
(121)
(133)
(134)
(126)
(136)
(147)
(153)
(157)
(140)
(120)
(116)
(114)
(141)
(145)
(184)
(228)
(224)
(239)
(216)
(186)
(198)
(185)
(174)
(174)
(154)
(145)
(174)
(215)
(228)
(245)
(216)
(196)
(183)
(173)
(156)
(160)
(139)
(147)
(167)
(148)
(154)
(164)
(172)
(223)
(239)
(237)
(255)
(196)
(184)
(193)
(172)
(161)
(216)
(202)
(205)
(193)
Income from Continuing Operations
299
357
376
362
511
552
657
617
584
483
419
457
446
504
510
446
488
503
517
522
476
420
367
383
455
504
590
728
729
770
743
646
703
627
631
646
529
476
580
672
709
739
682
583
532
531
441
459
424
425
421
351
345
380
465
678
760
739
700
532
508
603
642
594
723
695
587
541
Income to Minority Interest
2
4
5
5
5
5
5
6
6
5
3
2
3
5
5
5
7
6
6
5
1
3
3
5
5
3
3
5
5
5
5
(1)
(1)
(1)
(1)
(1)
(2)
(1)
(1)
(2)
(1)
(1)
(1)
(12)
(11)
(11)
(10)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
301
N/A
361
+20%
381
+6%
367
-4%
516
+41%
557
+8%
662
+19%
624
-6%
590
-5%
488
-17%
422
-13%
459
+9%
449
-2%
508
+13%
515
+1%
450
-13%
495
+10%
508
+3%
523
+3%
526
+1%
477
-9%
422
-11%
369
-13%
388
+5%
459
+19%
507
+10%
593
+17%
734
+24%
735
+0%
776
+6%
747
-4%
646
-14%
702
+9%
626
-11%
630
+1%
645
+2%
527
-18%
474
-10%
579
+22%
670
+16%
708
+6%
737
+4%
680
-8%
571
-16%
520
-9%
520
0%
431
-17%
459
+6%
424
-8%
425
+0%
421
-1%
351
-17%
345
-2%
380
+10%
465
+22%
678
+46%
760
+12%
739
-3%
700
-5%
532
-24%
508
-5%
603
+19%
642
+6%
594
-8%
723
+22%
695
-4%
587
-16%
541
-8%
EPS (Diluted)
2.76
N/A
3.36
+22%
3.56
+6%
3.37
-5%
4.76
+41%
4.96
+4%
5.9
+19%
5.45
-8%
5.25
-4%
4.3
-18%
3.74
-13%
3.96
+6%
3.96
N/A
4.46
+13%
4.55
+2%
3.97
-13%
4.35
+10%
4.47
+3%
4.58
+2%
4.56
0%
4.14
-9%
3.61
-13%
3.18
-12%
3.33
+5%
3.95
+19%
4.31
+9%
5.03
+17%
6.27
+25%
6.24
0%
6.5
+4%
6.27
-4%
5.41
-14%
5.89
+9%
5.25
-11%
5.31
+1%
5.44
+2%
4.44
-18%
4
-10%
4.88
+22%
5.64
+16%
5.94
+5%
6.19
+4%
5.72
-8%
4.8
-16%
4.38
-9%
4.38
N/A
3.63
-17%
3.87
+7%
3.57
-8%
3.58
+0%
3.54
-1%
2.96
-16%
2.91
-2%
3.2
+10%
3.92
+22%
5.71
+46%
6.37
+12%
6.21
-3%
5.9
-5%
4.46
-24%
4.27
-4%
5.07
+19%
5.4
+7%
5
-7%
6.08
+22%
5.84
-4%
4.95
-15%
4.55
-8%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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