ENNOSTAR (3714) investor relations material

Executive summary

• 3Q26 revenue was NT$6,687 million, up 5.7% QoQ and 19.3% YoY; net income attributable to the parent was NT$1,267 million, versus a NT$613 million loss in 3Q25.

• Profitability improved YoY, with gross margin at 12.3% and operating margin at negative 4.5%; net profit margin was 19.0%.

Financial highlights

• Gross margin was 12.3%, up 1.4 percentage points QoQ and 6.6 points YoY; operating expenses were NT$1,126 million, down 4.8% YoY.

• Net non-operating items were NT$1,676 million, up 570.7% YoY; net income attributable to the parent was NT$1,267 million and basic EPS was NT$1.99.

• EBITDA margin was 5.7%, down 0.1 percentage point QoQ and up 4.0 points YoY; operating margin was negative 4.5%, versus negative 15.3% in 3Q25.

Key financial ratios and metrics

• 3Q26 current ratio was 2.6, compared with 3.6 in 2Q26 and 3.8 in 3Q25; inventory turnover was 81 days, versus 83 and 78 days, respectively.

• Net cash was NT$13,629 million; cash and cash equivalents were NT$14,009 million, while short- and long-term debt totaled NT$380 million.

• Total liabilities were 24.6% of assets and total equity was 75.4% at 3Q26, compared with 17.4% and 82.6% at 3Q25.