Income Statement ASRock Industrial Computer Corporation

Stocks

7710

TW0007710006

Computer Hardware

End-of-day quote Taipei Exchange 06/10/2026			5-day change	1st Jan Change
199.00 ^TWD	+0.51%		-8.51%	-23.46%

08-14	ASRock Industrial Computer Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
04-29	ASRock Industrial Computer Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: ASROCK INDUSTRIAL COMPUTER CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Revenues	1.24B	1.96B	1.4B	1.47B	1.83B
Total Revenues	1.24B	1.96B	1.4B	1.47B	1.83B
Cost of Goods Sold, Total	810M	1.28B	899M	927M	1.12B
Gross Profit	433M	683M	501M	540M	707M
Selling General & Admin Expenses, Total	108M	146M	133M	169M	199M
Provision for Bad Debts	369K	356K	147K	-	445K
R&D Expenses	139M	192M	188M	202M	226M
Other Operating Expenses, Total	247M	338M	321M	371M	426M
Operating Income	185M	345M	180M	169M	281M
Interest Expense, Total	-153K	-72K	-265K	-335K	-160K
Interest And Investment Income	2.66M	13.85M	26.79M	32.13M	21.62M
Net Interest Expenses	2.51M	13.78M	26.53M	31.79M	21.46M
Currency Exchange Gains (Loss)	-4.4M	45.2M	-10.11M	39.59M	-24.31M
Other Non Operating Income (Expenses)	4.55M	2.94M	2.51M	17.92M	6.76M
EBT, Excl. Unusual Items	188M	407M	199M	258M	285M
Asset Writedown	-	-	-	390K	-
EBT, Incl. Unusual Items	188M	407M	199M	259M	285M
Income Tax Expense	31.68M	72.38M	29.66M	52.15M	56.98M
Earnings From Continuing Operations	156M	335M	169M	207M	228M
Net Income to Company	156M	335M	169M	207M	228M
Net Income - (IS)	156M	335M	169M	207M	228M
Net Income to Common Incl Extra Items	156M	335M	169M	207M	228M
Net Income to Common Excl. Extra Items	156M	335M	169M	207M	228M
Per Share Items
Net EPS - Basic	3.34	7.03	2.82	3.32	3.68
Basic EPS - Continuing Operations	3.34	7.03	2.82	3.32	3.68
Basic Weighted Average Shares Outstanding	46.84M	47.67M	60.01M	62.25M	62.03M
Net EPS - Diluted	3.27	6.77	2.77	3.25	3.67
Diluted EPS - Continuing Operations	3.27	6.77	2.77	3.25	3.67
Diluted Weighted Average Shares Outstanding	47.77M	49.45M	61.1M	63.63M	62.12M
Normalized Basic EPS	2.51	5.34	2.07	2.59	2.87
Normalized Diluted EPS	2.46	5.15	2.03	2.54	2.87
Dividend Per Share	1	3.85	2.5	2.95	2.95
Payout Ratio	45.63	11.07	117.7	75.02	82.84
Supplemental Items
EBITDA	191M	351M	184M	173M	286M
EBITA	185M	345M	180M	169M	281M
EBIT	185M	345M	180M	169M	281M
EBITDAR	192M	352M	186M	-	290M
Effective Tax Rate - (Ratio)	16.84	17.77	14.92	20.15	20
Total Current Taxes	27.08M	81.49M	50.39M	52.93M	54.51M
Total Deferred Taxes	4.6M	-9.11M	-20.73M	-781K	2.47M
Normalized Net Income	118M	255M	124M	162M	178M
Interest on Long-Term Debt	153K	72K	265K	335K	160K
Supplemental Operating Expense Items
Selling and Marketing Expenses	59.54M	90.23M	84.54M	106M	122M
General and Administrative Expenses	48.02M	55.62M	48.95M	63.01M	76.78M
Research And Development Expense From Footnotes	139M	192M	188M	202M	226M
Net Rental Expense, Total	324K	845K	1.5M	-	4.36M
Imputed Operating Lease Interest Expense	-	58.37K	224K	-	529K
Imputed Operating Lease Depreciation	-	787K	1.27M	-	3.83M
Stock-Based Comp., Other (Total)	1.3M	2.55M	8.56M	3M	18.08M
Total Stock-Based Compensation	1.3M	2.55M	8.56M	3M	18.08M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Assets
Cash And Equivalents	310M	749M	139M	402M	320M
Short Term Investments	393M	122M	787M	630M	828M
Total Cash And Short Term Investments	703M	872M	926M	1.03B	1.15B
Accounts Receivable, Total	98M	97.04M	120M	115M	222M
Other Receivables	4.65M	3.92M	23.42M	12.36M	7.43M
Total Receivables	103M	101M	144M	127M	230M
Inventory	391M	606M	360M	459M	368M
Prepaid Expenses	9.44M	11.2M	7.18M	21.52M	15.25M
Other Current Assets, Total	295K	414K	20.57M	742K	60K
Total Current Assets	1.21B	1.59B	1.46B	1.64B	1.76B
Gross Property Plant And Equipment	37.62M	27.26M	47.1M	32.74M	34.71M
Accumulated Depreciation	-14.31M	-17.52M	-17.47M	-12.42M	-12.52M
Net Property Plant And Equipment	23.32M	9.74M	29.63M	20.32M	22.18M
Long-term Investments	-	-	-	-	13M
Other Intangibles, Total	203K	210K	1.53M	1.9M	7.89M
Deferred Tax Assets Long-Term	5.46M	14.98M	35.01M	35.75M	33.89M
Other Long-Term Assets, Total	1.96M	2.81M	3.17M	3.71M	3.68M
Total Assets	1.24B	1.62B	1.53B	1.7B	1.84B
Liabilities
Accounts Payable, Total	444M	371M	275M	371M	460M
Accrued Expenses, Total	93.03M	140M	151M	188M	173M
Current Portion of Leases	9.07M	3.8M	10.03M	11.03M	5.41M
Current Income Taxes Payable	42.44M	99.34M	80.38M	58.16M	81.34M
Unearned Revenue Current, Total	-	-	-	-	10.65M
Other Current Liabilities	37.76M	86.52M	50.88M	70.28M	55.47M
Total Current Liabilities	626M	700M	568M	699M	785M
Long-Term Leases	3.8M	-	14.5M	4.65M	-
Deferred Tax Liability Non Current	325K	741K	37K	-	613K
Other Non Current Liabilities	-	-	226K	-	-
Total Liabilities	631M	701M	582M	703M	786M
Common Stock, Total	363M	482M	620M	640M	639M
Additional Paid In Capital	7.07M	11.54M	33.03M	50.29M	51.38M
Retained Earnings	237M	424M	290M	342M	381M
Treasury Stock	-	-	-	-150K	-40K
Comprehensive Income and Other	-	-	-	-33.87M	-15.48M
Total Common Equity	607M	917M	944M	999M	1.06B
Total Equity	607M	917M	944M	999M	1.06B
Total Liabilities And Equity	1.24B	1.62B	1.53B	1.7B	1.84B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	46.84M	48.19M	62.03M	64.02M	63.91M
ECS Total Common Shares Outstanding	46.84M	48.19M	62.03M	64.02M	63.91M
Book Value / Share	12.96	19.03	15.21	15.6	16.53
Tangible Book Value	607M	917M	942M	997M	1.05B
Tangible Book Value Per Share	12.96	19.03	15.19	15.57	16.41
Total Debt	12.87M	3.8M	24.53M	15.68M	5.41M
Net Debt	-690M	-868M	-901M	-1.02B	-1.14B
Debt Equivalent Oper. Leases	2.59M	6.76M	11.97M	-	34.86M
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Raw Materials, Total	364M	329M	140M	206M	205M
Inventories - Work In Process, Total	5.85M	55.12M	38.86M	46.01M	40.54M
Inventories - Finished Goods, Total	21.81M	259M	180M	207M	122M
Machinery, Total	18.26M	16.92M	18.96M	12.52M	26.72M
Full Time Employees	-	-	135	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	863K	1.22M	1.12M	731K	1.18M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Net Income	156M	335M	169M	207M	228M
Depreciation & Amortization - CF	14.71M	14.58M	13.89M	14.93M	15.68M
Depreciation & Amortization, Total	14.71M	14.58M	13.89M	14.93M	15.68M
Amortization of Deferred Charges, Total - (CF)	1.06M	920K	1.31M	1.39M	2.54M
Stock-Based Compensation (CF)	1.3M	2.55M	8.56M	3M	18.08M
Provision and Write-off of Bad Debts	369K	356K	147K	-390K	445K
Other Operating Activities, Total	16.84M	34.01M	-66.22M	-54.79M	4.19M
Change In Accounts Receivable	-47.81M	600K	-23.24M	5.86M	-108M
Change In Inventories	-11.9M	-215M	248M	-101M	90.77M
Change In Accounts Payable	167M	-73.18M	-95.67M	95.68M	88.68M
Change in Unearned Revenues	-	-	-	-	-2.24M
Change in Other Net Operating Assets	5.65M	95.59M	-35.77M	51.44M	-11.14M
Cash from Operations	304M	196M	220M	223M	327M
Capital Expenditure	-6.09M	-1.01M	-3.47M	-3.82M	-16.78M
Sale (Purchase) of Intangible assets	-951K	-927K	-2.63M	-1.76M	-2.67M
Investment in Marketable and Equity Securities, Total	-83.54M	270M	-685M	177M	-211M
Other Investing Activities, Total	2.24M	11.54M	21.58M	34.58M	21.41M
Cash from Investing	-88.34M	280M	-670M	206M	-209M
Long-Term Debt Repaid, Total	-8.99M	-9.14M	-9.84M	-10.98M	-11.19M
Total Debt Repaid	-8.99M	-9.14M	-9.84M	-10.98M	-11.19M
Issuance of Common Stock	6.13M	9.62M	47.9M	-	-
Common Dividends Paid	-71.37M	-37.07M	-199M	-155M	-189M
Common & Preferred Stock Dividends Paid	-71.37M	-37.07M	-199M	-155M	-189M
Other Financing Activities, Total	-	-2K	-	-	148K
Cash from Financing	-74.22M	-36.59M	-161M	-166M	-200M
Foreign Exchange Rate Adjustments	-	-	-	249K	296K
Net Change in Cash	141M	439M	-610M	263M	-81.69M
Supplemental Items
Cash Interest Paid	-	2K	-	-	-
Cash Income Tax Paid (Refund)	12.33M	24.6M	69.35M	75.15M	31.34M
Levered Free Cash Flow	-	96.09M	179M	172M	280M
Unlevered Free Cash Flow	-	96.13M	179M	172M	280M
Change In Net Working Capital	-	136M	-49.12M	-52.73M	-87.39M
Net Debt Issued / Repaid	-8.99M	-9.14M	-9.84M	-10.98M	-11.19M

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Profitability
Return on Assets	-	15.12	7.15	6.55	9.91
Return on Total Capital	-	28.02	11.9	10.66	16.92
Return On Equity %	-	43.95	18.18	21.28	22.19
Return on Common Equity	-	43.95	18.18	21.28	22.19
Margin Analysis
Gross Profit Margin %	34.83	34.79	35.79	36.8	38.72
SG&A Margin	8.66	7.43	9.54	11.52	10.9
EBITDA Margin %	15.4	17.88	13.15	11.82	15.66
EBITA Margin %	14.93	17.59	12.85	11.53	15.4
EBIT Margin %	14.93	17.59	12.85	11.53	15.4
Income From Continuing Operations Margin %	12.59	17.06	12.08	14.09	12.49
Net Income Margin %	12.59	17.06	12.08	14.09	12.49
Net Avail. For Common Margin %	12.59	17.06	12.08	14.09	12.49
Normalized Net Income Margin	9.46	12.97	8.88	11.01	9.76
Levered Free Cash Flow Margin	-	4.89	12.79	11.72	15.33
Unlevered Free Cash Flow Margin	-	4.9	12.8	11.74	15.33
Asset Turnover
Asset Turnover	-	1.38	0.89	0.91	1.03
Fixed Assets Turnover	-	118.81	71.13	58.74	85.91
Receivables Turnover (Average Receivables)	-	20.13	12.89	12.49	10.84
Inventory Turnover (Average Inventory)	-	2.57	1.86	2.27	2.71
Short Term Liquidity
Current Ratio	1.93	2.27	2.57	2.35	2.24
Quick Ratio	1.29	1.39	1.88	1.66	1.76
Operating Cash Flow to Current Liabilities	0.48	0.28	0.39	0.32	0.42
Days Sales Outstanding (Average Receivables)	-	18.13	28.31	29.29	33.67
Days Outstanding Inventory (Average Inventory)	-	142.18	196.04	161.24	134.88
Average Days Payable Outstanding	-	99.49	180.78	115.07	147.47
Cash Conversion Cycle (Average Days)	-	60.82	43.57	75.46	21.07
Long Term Solvency
Total Debt/Equity	2.12	0.41	2.6	1.57	0.51
Total Debt / Total Capital	2.08	0.41	2.53	1.55	0.51
LT Debt/Equity	0.63	-	1.54	0.47	-
Long-Term Debt / Total Capital	0.61	-	1.5	0.46	-
Total Liabilities / Total Assets	50.94	43.31	38.16	41.32	42.66
EBIT / Interest Expense	1.21K	4.8K	678.87	504.93	1.76K
EBITDA / Interest Expense	1.31K	5K	731.28	549.5	1.85K
(EBITDA - Capex) / Interest Expense	1.27K	4.99K	718.17	538.1	1.75K
Total Debt / EBITDA	0.06	0.01	0.13	0.09	0.02
Net Debt / EBITDA	-3.45	-2.41	-4.65	-5.52	-3.85
Total Debt / (EBITDA - Capex)	0.07	0.01	0.13	0.09	0.02
Net Debt / (EBITDA - Capex)	-3.56	-2.42	-4.74	-5.64	-4.08
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	58.08	-28.7	4.77	24.45
Gross Profit, 1 Yr. Growth %	-	57.93	-26.65	7.71	30.97
EBITDA, 1 Yr. Growth %	-	83.54	-47.54	-5.93	64.49
EBITA, 1 Yr. Growth %	-	86.32	-47.92	-6.05	65.77
EBIT, 1 Yr. Growth %	-	86.32	-47.92	-6.05	65.77
Earnings From Cont. Operations, 1 Yr. Growth %	-	114.2	-49.5	22.19	10.29
Net Income, 1 Yr. Growth %	-	114.2	-49.5	22.19	10.29
Normalized Net Income, 1 Yr. Growth %	-	116.6	-51.19	29.89	10.08
Diluted EPS Before Extra, 1 Yr. Growth %	-	107.03	-51.23	17.33	12.58
Accounts Receivable, 1 Yr. Growth %	-	-0.98	23.79	-4.55	93.74
Inventory, 1 Yr. Growth %	-	54.85	-40.68	28.09	-19.79
Net Property, Plant and Equip., 1 Yr. Growth %	-	-58.23	204.26	-31.42	9.17
Total Assets, 1 Yr. Growth %	-	30.74	-5.68	11.51	8.24
Tangible Book Value, 1 Yr. Growth %	-	51.09	2.75	5.78	5.18
Common Equity, 1 Yr. Growth %	-	51.07	2.89	5.81	5.77
Cash From Operations, 1 Yr. Growth %	-	-35.55	12.47	1.4	46.51
Capital Expenditures, 1 Yr. Growth %	-	-83.44	244.54	9.96	339.49
Levered Free Cash Flow, 1 Yr. Growth %	-	-	86.33	-4	62.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	86.42	-3.97	62.33
Dividend Per Share, 1 Yr. Growth %	-	285.24	-39.47	18	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	6.17	-13.57	14.19
Gross Profit, 2 Yr. CAGR %	-	-	7.63	-11.12	18.77
EBITDA, 2 Yr. CAGR %	-	-	-1.88	-29.72	24.53
EBITA, 2 Yr. CAGR %	-	-	-1.5	-30.03	24.94
EBIT, 2 Yr. CAGR %	-	-	-1.5	-30.03	24.94
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	4	-21.45	16.08
Net Income, 2 Yr. CAGR %	-	-	4	-21.45	16.08
Normalized Net Income, 2 Yr. CAGR %	-	-	2.82	-20.35	19.67
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-7.96	-24.36	15.1
Accounts Receivable, 2 Yr. CAGR %	-	-	10.72	8.7	35.98
Inventory, 2 Yr. CAGR %	-	-	-4.16	-13	1.36
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	12.73	44.45	-13.48
Total Assets, 2 Yr. CAGR %	-	-	11.04	2.55	9.86
Tangible Book Value, 2 Yr. CAGR %	-	-	24.6	4.25	5.48
Common Equity, 2 Yr. CAGR %	-	-	24.68	4.34	5.79
Cash From Operations, 2 Yr. CAGR %	-	-	-14.86	6.79	21.89
Capital Expenditures, 2 Yr. CAGR %	-	-	-24.46	94.65	119.83
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	33.78	24.98
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	33.83	24.94
Dividend Per Share, 2 Yr. CAGR %	-	-	58.11	-15.48	8.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	5.7	-2.4
Gross Profit, 3 Yr. CAGR %	-	-	-	7.66	1.14
EBITDA, 3 Yr. CAGR %	-	-	-	-3.22	-6.62
EBITA, 3 Yr. CAGR %	-	-	-	-3.01	-6.65
EBIT, 3 Yr. CAGR %	-	-	-	-3.01	-6.65
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	9.74	-12.04
Net Income, 3 Yr. CAGR %	-	-	-	9.74	-12.04
Normalized Net Income, 3 Yr. CAGR %	-	-	-	11.18	-11.23
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-0.2	-13.55
Accounts Receivable, 3 Yr. CAGR %	-	-	-	5.37	31.79
Inventory, 3 Yr. CAGR %	-	-	-	5.43	-15.33
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-4.48	31.58
Total Assets, 3 Yr. CAGR %	-	-	-	11.2	4.42
Tangible Book Value, 3 Yr. CAGR %	-	-	-	17.98	4.56
Common Equity, 3 Yr. CAGR %	-	-	-	18.04	4.82
Cash From Operations, 3 Yr. CAGR %	-	-	-	-9.76	18.66
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-14.39	155.36
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	42.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	42.79
Dividend Per Share, 3 Yr. CAGR %	-	-	-	43.42	-10.61