Cheng Shin Rubber (2105) Q4 2025 earnings summary

Executive summary

• Consolidated financial statements for the years ended December 31, 2025 and 2024 were audited and present fairly in all material respects in accordance with IFRS as endorsed by the FSC.

• The Group is primarily engaged in the manufacturing and sales of tires and rubber products, with a global presence and significant operations in Taiwan, China, the US, and other regions.

Financial highlights

• Sales revenue for 2025 was NT$90,780,872 thousand, down 6% year-over-year from NT$96,247,057 thousand in 2024.

• Net profit for 2025 was NT$4,835,490 thousand, a 40% decrease from NT$8,028,188 thousand in 2024.

• Basic and diluted EPS for 2025 were both NT$1.50, compared to NT$2.47 in 2024.

• Operating profit margin declined to 8% in 2025 from 10% in 2024.

• Cash and cash equivalents at year-end 2025 were NT$22,399,032 thousand, down from NT$26,609,220 thousand in 2024.

Outlook and guidance

• The Group continues to expand production capacity and invest in new equipment to maintain competitiveness.

• No significant post-balance sheet events or disaster losses were reported.