Income Statement Axis Corporation

Stocks

6292

TW0006292006

Electronic Equipment & Parts

End-of-day quote Taipei Exchange Other stock markets 01/07/2026			5-day change	1st Jan Change
66.70 ^TWD	+7.06%		+8.10%	+64.49%

05-06	Axis Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
02-25	Axis Corporation Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: AXIS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.21B	1.61B	1.36B	1.04B	1B
Total Revenues	1.21B	1.61B	1.36B	1.04B	1B
Cost of Goods Sold, Total	834M	1.07B	906M	686M	643M
Gross Profit	378M	536M	453M	350M	359M
Selling General & Admin Expenses, Total	263M	277M	287M	255M	284M
Provision for Bad Debts	560K	842K	-1.15M	1.5M	-135K
R&D Expenses	12.56M	12.35M	12.3M	12.78M	12.53M
Other Operating Expenses	-10.94M	-11.17M	-9.62M	-10.04M	-8.14M
Other Operating Expenses, Total	265M	279M	288M	259M	288M
Operating Income	113M	256M	165M	90.91M	70.23M
Interest Expense, Total	-4.49M	-6.27M	-12.82M	-13.41M	-1.44M
Interest And Investment Income	3.44M	9.23M	47.15M	51.77M	20.09M
Net Interest Expenses	-1.06M	2.96M	34.33M	38.36M	18.66M
Currency Exchange Gains (Loss)	-22.37M	83.51M	7.85M	53.08M	-27.15M
Other Non Operating Income (Expenses)	175M	-62.71M	108M	15.99M	2.08M
EBT, Excl. Unusual Items	265M	280M	316M	198M	63.82M
Gain (Loss) On Sale Of Investments	260K	6.46M	-	24.8M	36.48M
Gain (Loss) On Sale Of Assets	29K	-	-	-	-539K
EBT, Incl. Unusual Items	265M	287M	316M	223M	99.76M
Income Tax Expense	32.06M	103M	58.28M	42.62M	6.55M
Earnings From Continuing Operations	233M	184M	257M	181M	93.2M
Net Income to Company	233M	184M	257M	181M	93.2M
Net Income - (IS)	233M	184M	257M	181M	93.2M
Net Income to Common Incl Extra Items	233M	184M	257M	181M	93.2M
Net Income to Common Excl. Extra Items	233M	184M	257M	181M	93.2M
Per Share Items
Net EPS - Basic	5.01	3.94	5.52	3.87	2
Basic EPS - Continuing Operations	5.01	3.94	5.52	3.87	2
Basic Weighted Average Shares Outstanding	46.6M	46.6M	46.6M	46.6M	46.6M
Net EPS - Diluted	4.93	3.89	5.47	3.85	1.99
Diluted EPS - Continuing Operations	4.93	3.89	5.47	3.85	1.99
Diluted Weighted Average Shares Outstanding	47.33M	47.17M	47.06M	46.95M	46.85M
Normalized Basic EPS	3.56	3.76	4.23	2.66	0.86
Normalized Diluted EPS	3.5	3.71	4.19	2.64	0.85
Dividend Per Share	3.6	3	4.2	4	1.8
Payout Ratio	53.9	91.37	54.33	108.42	199.99
Supplemental Items
EBITDA	123M	266M	176M	101M	85.82M
EBITA	114M	257M	166M	91.2M	70.54M
EBIT	113M	256M	165M	90.91M	70.23M
EBITDAR	123M	266M	176M	101M	85.88M
Effective Tax Rate - (Ratio)	12.08	35.95	18.47	19.1	6.57
Total Current Taxes	34.76M	76.65M	46.97M	48.78M	10.3M
Total Deferred Taxes	-2.7M	26.4M	11.32M	-6.15M	-3.75M
Normalized Net Income	166M	175M	197M	124M	39.89M
Interest Capitalized	-	-	8.4M	-	-
Interest on Long-Term Debt	29K	41K	23K	52K	46K
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	153M	188M	187M	175M	185M
General and Administrative Expenses	110M	89.21M	99.7M	79.76M	98.6M
Research And Development Expense From Footnotes	12.56M	12.35M	12.3M	12.78M	12.53M
Net Rental Expense, Total	70K	71K	70K	70K	70K
Imputed Operating Lease Interest Expense	6.99K	6.88K	16.2K	14.86K	8.26K
Imputed Operating Lease Depreciation	63.01K	64.12K	53.8K	55.14K	61.74K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	216M	547M	722M	468M	413M
Short Term Investments	365M	374M	653M	26.12M	1.26M
Trading Asset Securities, Total	551M	401M	375M	341M	362M
Total Cash And Short Term Investments	1.13B	1.32B	1.75B	835M	777M
Accounts Receivable, Total	285M	303M	242M	177M	186M
Other Receivables	2.72M	2.99M	3.94M	2.25M	2.17M
Total Receivables	288M	306M	246M	179M	188M
Inventory	198M	219M	159M	152M	121M
Prepaid Expenses	22M	21.04M	23.59M	37.32M	-
Other Current Assets, Total	1.33M	1.58M	3.84M	133M	26.14M
Total Current Assets	1.64B	1.87B	2.18B	1.34B	1.11B
Gross Property Plant And Equipment	297M	308M	331M	351M	328M
Accumulated Depreciation	-157M	-165M	-171M	-156M	-149M
Net Property Plant And Equipment	140M	144M	161M	195M	180M
Long-term Investments	70.2M	70.2M	71.86M	132M	179M
Other Intangibles, Total	608K	879K	735K	898K	700K
Deferred Tax Assets Long-Term	16.83M	14.72M	9.5M	8.18M	7.32M
Other Long-Term Assets, Total	101M	115M	118M	130M	60.12M
Total Assets	1.97B	2.22B	2.54B	1.8B	1.54B
Liabilities
Accounts Payable, Total	150M	162M	108M	81.36M	66.3M
Accrued Expenses, Total	82.57M	81.13M	78.34M	60.42M	48.4M
Short-term Borrowings	460M	565M	896M	110M	80M
Current Portion of Leases	1.95M	2.08M	1.41M	958K	977K
Current Income Taxes Payable	51.51M	88.71M	73.35M	71.23M	43.94M
Unearned Revenue Current, Total	21.3M	39.63M	7.42M	64.32M	29.72M
Other Current Liabilities	29.11M	37.69M	23.54M	17.96M	22.64M
Total Current Liabilities	796M	976M	1.19B	406M	292M
Long-Term Leases	3.61M	1.41M	-	1.89M	912K
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	81.47M	112M	117M	117M	108M
Other Non Current Liabilities	10.11M	4.5M	2.45M	28.04M	27.06M
Total Liabilities	892M	1.09B	1.31B	553M	428M
Common Stock, Total	469M	469M	469M	469M	466M
Additional Paid In Capital	86.48M	86.48M	86.48M	77.16M	48.71M
Retained Earnings	593M	609M	726M	720M	647M
Treasury Stock	-10.84M	-10.84M	-10.84M	-10.84M	-
Comprehensive Income and Other	-58.21M	-32.24M	-36.16M	-6.34M	-51.3M
Total Common Equity	1.08B	1.12B	1.23B	1.25B	1.11B
Total Equity	1.08B	1.12B	1.23B	1.25B	1.11B
Total Liabilities And Equity	1.97B	2.22B	2.54B	1.8B	1.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	46.6M	46.6M	46.6M	46.6M	46.6M
ECS Total Common Shares Outstanding	46.6M	46.6M	46.6M	46.6M	46.6M
Book Value / Share	23.16	24.05	26.49	26.81	23.84
Tangible Book Value	1.08B	1.12B	1.23B	1.25B	1.11B
Tangible Book Value Per Share	23.14	24.04	26.48	26.79	23.82
Total Debt	466M	568M	898M	113M	81.89M
Net Debt	-666M	-754M	-852M	-723M	-695M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	560K	568K	560K	560K	560K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	13.06M	8.85M	16.57M	4.91M	2.2M
Inventories - Work In Process, Total	20.59M	16.26M	14M	18.34M	-
Inventories - Finished Goods, Total	178M	212M	150M	148M	131M
Land - (BS)	45.42M	46.9M	46.9M	47.92M	47.26M
Buildings, Total	156M	164M	186M	224M	223M
Machinery, Total	86.44M	91.02M	93.68M	72.54M	52.92M
Accumulated Allowance for Doubtful Accounts (Supple)	3.23M	4.07M	2.92M	4.42M	4.29M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	233M	184M	257M	181M	93.2M
Depreciation & Amortization - CF	11.14M	11.38M	12.14M	12.48M	16.44M
Amortization of Goodwill and Intangible Assets - (CF)	719K	474K	508K	292K	310K
Depreciation & Amortization, Total	11.86M	11.85M	12.65M	12.77M	16.75M
(Gain) Loss From Sale Of Asset	29K	-	-	-	539K
(Gain) Loss on Sale of Investments - (CF)	-141M	98.45M	-90.59M	-24.8M	-36.48M
Provision and Write-off of Bad Debts	560K	842K	-1.15M	1.5M	-135K
Other Operating Activities, Total	-1.87M	63.16M	-3.19M	-15.83M	-21.08M
Change in Trading Asset Securities	22.04M	51.06M	117M	59.14M	15.1M
Change In Accounts Receivable	-44.29M	-18.79M	62.58M	63.38M	-8.32M
Change In Inventories	-75.16M	-20.78M	59.88M	7.21M	30.34M
Change In Accounts Payable	-31.7M	12.07M	-53.78M	-26.85M	-15.06M
Change in Unearned Revenues	19.16M	18.33M	-32.22M	56.91M	-34.6M
Change in Other Net Operating Assets	45.73M	1.94M	-24.19M	-31.37M	4.38M
Cash from Operations	38.75M	402M	304M	283M	44.64M
Capital Expenditure	-5.01M	-6.09M	-28.39M	-33.95M	-5.78M
Sale of Property, Plant, and Equipment	-	-	-	-	31K
Sale (Purchase) of Real Estate properties	-	-	-	-	-272K
Sale (Purchase) of Intangible assets	-183K	-695K	-362K	-422K	-13K
Investment in Marketable and Equity Securities, Total	-370M	-24.35M	-286M	415M	148M
Other Investing Activities, Total	-169K	-	-	1.28M	-
Cash from Investing	-375M	-31.14M	-315M	382M	142M
Short Term Debt Issued, Total	1.62B	2B	2.88B	2.83B	215M
Total Debt Issued	1.62B	2B	2.88B	2.83B	215M
Short Term Debt Repaid, Total	-1.41B	-1.9B	-2.55B	-3.62B	-245M
Long-Term Debt Repaid, Total	-2.18M	-2.06M	-2.08M	-2.12M	-958K
Total Debt Repaid	-1.41B	-1.9B	-2.55B	-3.62B	-246M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-126M	-168M	-140M	-196M	-186M
Common & Preferred Stock Dividends Paid	-126M	-168M	-140M	-196M	-186M
Other Financing Activities, Total	-	34K	-566K	23.75M	80K
Cash from Financing	81.31M	-64.79M	189M	-961M	-217M
Foreign Exchange Rate Adjustments	-13.64M	25.55M	-3.45M	42.63M	-24.14M
Net Change in Cash	-269M	331M	175M	-254M	-54.95M
Supplemental Items
Cash Interest Paid	4.49M	6.27M	12.82M	13.41M	1.44M
Cash Income Tax Paid (Refund)	33.93M	39.88M	61.48M	58.45M	27.64M
Levered Free Cash Flow	32.32M	198M	76.39M	346M	135M
Unlevered Free Cash Flow	35.13M	202M	84.4M	355M	136M
Change In Net Working Capital	42.36M	-36.47M	2.74M	-319M	-81.51M
Net Debt Issued / Repaid	207M	103M	329M	-789M	-30.96M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.96	7.66	4.34	2.62	2.63
Return on Total Capital	5.16	9.91	5.4	3.25	3.44
Return On Equity %	23.06	16.69	21.85	14.54	7.9
Return on Common Equity	23.06	16.69	21.85	14.54	7.9
Margin Analysis
Gross Profit Margin %	31.21	33.28	33.34	33.79	35.79
SG&A Margin	21.68	17.22	21.08	24.6	28.36
EBITDA Margin %	10.13	16.52	12.92	9.79	8.57
EBITA Margin %	9.41	15.95	12.19	8.81	7.04
EBIT Margin %	9.35	15.93	12.15	8.78	7.01
Income From Continuing Operations Margin %	19.26	11.4	18.93	17.43	9.31
Net Income Margin %	19.26	11.4	18.93	17.43	9.31
Net Avail. For Common Margin %	19.26	11.4	18.93	17.43	9.31
Normalized Net Income Margin	13.67	10.88	14.51	11.97	3.98
Levered Free Cash Flow Margin	2.67	12.29	5.62	33.44	13.52
Unlevered Free Cash Flow Margin	2.9	12.53	6.21	34.25	13.61
Asset Turnover
Asset Turnover	0.68	0.77	0.57	0.48	0.6
Fixed Assets Turnover	8.57	11.35	8.94	5.83	5.36
Receivables Turnover (Average Receivables)	4.6	5.47	4.99	4.94	5.52
Inventory Turnover (Average Inventory)	5.2	5.15	4.8	4.41	4.71
Short Term Liquidity
Current Ratio	2.06	1.92	1.84	3.29	3.81
Quick Ratio	1.78	1.67	1.68	2.5	3.3
Operating Cash Flow to Current Liabilities	0.05	0.41	0.26	0.7	0.15
Days Sales Outstanding (Average Receivables)	79.38	66.75	73.22	74.05	66.07
Days Outstanding Inventory (Average Inventory)	70.26	70.83	76.1	82.94	77.52
Average Days Payable Outstanding	66.56	51.98	58.27	51.14	43.98
Cash Conversion Cycle (Average Days)	83.07	85.59	91.04	105.86	99.62
Long Term Solvency
Total Debt/Equity	43.14	50.72	72.73	9.03	7.37
Total Debt / Total Capital	30.14	33.65	42.11	8.28	6.87
LT Debt/Equity	0.33	0.13	-	0.15	0.08
Long-Term Debt / Total Capital	0.23	0.08	-	0.14	0.08
Total Liabilities / Total Assets	45.24	49.4	51.45	30.69	27.83
EBIT / Interest Expense	25.21	40.91	12.89	6.78	48.87
EBITDA / Interest Expense	27.85	42.81	13.88	7.73	60.53
(EBITDA - Capex) / Interest Expense	26.74	41.83	11.66	5.2	56.5
Total Debt / EBITDA	3.72	2.12	5.05	1.09	0.94
Net Debt / EBITDA	-5.32	-2.81	-4.79	-6.97	-7.99
Total Debt / (EBITDA - Capex)	3.87	2.17	6.01	1.62	1.01
Net Debt / (EBITDA - Capex)	-5.55	-2.88	-5.7	-10.36	-8.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.4	32.83	-15.57	-23.82	-3.28
Gross Profit, 1 Yr. Growth %	9.27	41.64	-15.4	-22.8	2.46
EBITDA, 1 Yr. Growth %	-6.2	116.6	-33.99	-42.27	-15.33
EBITA, 1 Yr. Growth %	-6.59	125.28	-35.5	-44.96	-22.66
EBIT, 1 Yr. Growth %	-6.51	126.29	-35.58	-44.97	-22.75
Earnings From Cont. Operations, 1 Yr. Growth %	61.28	-21.35	40.16	-29.85	-48.37
Net Income, 1 Yr. Growth %	61.28	-21.35	40.16	-29.85	-48.37
Normalized Net Income, 1 Yr. Growth %	66.19	5.65	10.11	-11.86	-67.82
Diluted EPS Before Extra, 1 Yr. Growth %	61.64	-21.1	40.62	-29.62	-48.31
Accounts Receivable, 1 Yr. Growth %	18.09	6.29	-20.25	-26.81	4.77
Inventory, 1 Yr. Growth %	61.15	10.49	-27.36	-4.53	-19.99
Net Property, Plant and Equip., 1 Yr. Growth %	-1.87	2.51	11.89	21.11	-7.73
Total Assets, 1 Yr. Growth %	22.79	12.41	14.78	-29.12	-14.6
Tangible Book Value, 1 Yr. Growth %	14.27	3.85	10.16	1.17	-11.07
Common Equity, 1 Yr. Growth %	14.2	3.87	10.14	1.18	-11.07
Cash From Operations, 1 Yr. Growth %	-188.52	936.7	-24.31	-7.07	-84.2
Capital Expenditures, 1 Yr. Growth %	138.38	21.69	365.96	19.6	-82.97
Levered Free Cash Flow, 1 Yr. Growth %	-3.15K	512.22	-61.39	-212.65	-60.89
Unlevered Free Cash Flow, 1 Yr. Growth %	2.94K	474.42	-58.17	-218.47	-61.56
Dividend Per Share, 1 Yr. Growth %	33.33	-16.67	40	-4.76	-55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.58	25.94	5.9	-19.8	-14.16
Gross Profit, 2 Yr. CAGR %	3.23	24.41	9.47	-19.18	-11.07
EBITDA, 2 Yr. CAGR %	3.3	42.54	19.57	-38.27	-30.09
EBITA, 2 Yr. CAGR %	4.14	45.06	20.54	-40.42	-34.75
EBIT, 2 Yr. CAGR %	4.35	45.45	20.74	-40.46	-34.8
Earnings From Cont. Operations, 2 Yr. CAGR %	7.88	12.63	5	-0.84	-39.82
Net Income, 2 Yr. CAGR %	7.88	12.63	5	-0.84	-39.82
Normalized Net Income, 2 Yr. CAGR %	8.36	32.51	9.09	-16.82	-46.75
Diluted EPS Before Extra, 2 Yr. CAGR %	7.7	12.93	5.33	-0.52	-39.68
Accounts Receivable, 2 Yr. CAGR %	24.39	12.03	-7.93	-23.6	-12.43
Inventory, 2 Yr. CAGR %	30.17	33.43	-10.41	-16.73	-12.6
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.64	0.3	7.1	16.41	5.71
Total Assets, 2 Yr. CAGR %	9.42	17.49	13.59	-9.8	-22.2
Tangible Book Value, 2 Yr. CAGR %	4.87	8.94	6.96	5.57	-5.14
Common Equity, 2 Yr. CAGR %	4.78	8.91	6.96	5.57	-5.14
Cash From Operations, 2 Yr. CAGR %	-57.43	202.94	180.12	-16.13	-61.68
Capital Expenditures, 2 Yr. CAGR %	23.31	70.32	138.13	136.07	-54.86
Levered Free Cash Flow, 2 Yr. CAGR %	-53.52	1.27K	53.74	32.29	-33.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	-51.85	1.22K	55	32.58	-32.52
Dividend Per Share, 2 Yr. CAGR %	1.42	5.41	8.01	15.47	-34.53
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.01	16.84	10.22	-5.11	-14.63
Gross Profit, 3 Yr. CAGR %	-1.87	14.71	9.4	-2.56	-12.53
EBITDA, 3 Yr. CAGR %	-6.85	32.22	10.28	-6.2	-31.41
EBITA, 3 Yr. CAGR %	-6.81	34.69	10.72	-7.18	-35
EBIT, 3 Yr. CAGR %	-6.86	35.07	10.87	-7.08	-35.06
Earnings From Cont. Operations, 3 Yr. CAGR %	37.4	-2.9	21.15	-8.21	-20.23
Net Income, 3 Yr. CAGR %	37.4	-2.9	21.15	-8.21	-20.23
Normalized Net Income, 3 Yr. CAGR %	12.04	7.45	25.53	-9.23	-39.39
Diluted EPS Before Extra, 3 Yr. CAGR %	37.17	-2.91	21.5	-7.91	-20.02
Accounts Receivable, 3 Yr. CAGR %	4.7	18.04	0.03	-14.71	-15.12
Inventory, 3 Yr. CAGR %	9.86	23.25	8.95	-8.5	-17.83
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.64	-1.63	4.02	11.58	7.73
Total Assets, 3 Yr. CAGR %	7.68	10.41	16.58	-2.93	-11.43
Tangible Book Value, 3 Yr. CAGR %	6.1	4.53	9.34	4.99	-0.3
Common Equity, 3 Yr. CAGR %	6.03	4.48	9.32	5	-0.3
Cash From Operations, 3 Yr. CAGR %	-40.91	23.38	90.8	93.92	-51.92
Capital Expenditures, 3 Yr. CAGR %	35.64	22.77	138.21	89.28	-1.72
Levered Free Cash Flow, 3 Yr. CAGR %	-39.2	9.77	316.26	120.46	-11.87
Unlevered Free Cash Flow, 3 Yr. CAGR %	-37.82	10.03	317.97	116.14	-12.25
Dividend Per Share, 3 Yr. CAGR %	16.11	-5.01	15.87	3.57	-15.66
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.56	2.8	0.46	0.51	-0.27
Gross Profit, 5 Yr. CAGR %	-3.03	4.99	2.52	-0.29	0.7
EBITDA, 5 Yr. CAGR %	-6.39	8.76	2.93	-2.51	-8.1
EBITA, 5 Yr. CAGR %	-6.3	9.51	3.3	-2.8	-10.39
EBIT, 5 Yr. CAGR %	-6.14	9.76	3.33	-2.66	-10.34
Earnings From Cont. Operations, 5 Yr. CAGR %	8.25	8.72	23.38	-2.08	-8.43
Net Income, 5 Yr. CAGR %	8.25	8.72	23.38	-2.08	-8.43
Normalized Net Income, 5 Yr. CAGR %	6.59	18.08	10.85	-2.56	-16.75
Diluted EPS Before Extra, 5 Yr. CAGR %	8.16	8.64	23.42	-1.96	-8.19
Accounts Receivable, 5 Yr. CAGR %	-2.11	0.35	-0.55	-0.81	-5.15
Inventory, 5 Yr. CAGR %	5.99	8.95	1.25	5.36	-0.24
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.71	-1.97	1.15	5.22	4.69
Total Assets, 5 Yr. CAGR %	3.72	6.41	10	1.83	-0.83
Tangible Book Value, 5 Yr. CAGR %	2.23	3.89	6.44	4.94	3.3
Common Equity, 5 Yr. CAGR %	2.07	3.78	6.4	4.91	3.29
Cash From Operations, 5 Yr. CAGR %	-21	19.36	10.12	5.73	0.39
Capital Expenditures, 5 Yr. CAGR %	-3.61	-9.19	69.88	59.47	22.46
Levered Free Cash Flow, 5 Yr. CAGR %	-34.4	38.21	-11.89	18.28	163.86
Unlevered Free Cash Flow, 5 Yr. CAGR %	-33.41	37.13	-10.4	18.55	159.63
Dividend Per Share, 5 Yr. CAGR %	2.38	5.46	12.8	2.71	-7.79