Eclat Textile (1476) Q4 2025 earnings summary

Executive summary

• Operating revenue for 2025 was NTD 37,990 million, up 3.2% from 2024; Q4 revenue was NTD 9,264 million, down 3.2% year-over-year.

• Net profit for 2025 was NTD 5,515 million, a 17% decrease from 2024; Q4 net profit was NTD 1,582 million, down 7.3% year-over-year.

• Earnings per share for 2025 was NTD 20.10, down from NTD 24.20 in 2024; Q4 EPS was NTD 5.77.

• Consolidated financial statements for 2025 and 2024 were audited and present fairly in all material respects in accordance with IFRS as endorsed by the FSC of Taiwan.

• The group operates two main segments: fabrics and garments, with global operations and a diversified customer base.

Financial highlights

• Gross profit margin for 2025 was 28.6%, down from 30.9% in 2024; Q4 gross margin was 30.2%, slightly up from 29.9% in 2024 Q4.

• Operating income margin for 2025 was 18.7%, down from 21.1%; Q4 operating margin was 19.2%.

• Net income margin for 2025 was 14.5%, down from 18.0%; Q4 net margin was 17.1%.

• Cash and cash equivalents at year-end 2025 were NTD 3,409 million.

• Dividend payout ratio for 2025 was 70%, compared to 75% in 2024.

Segment performance

• Fabric segment accounted for 34% of 2025 annual sales (NTD 13,073 million); garment segment contributed 66% (NTD 25,220 million).

• Both fabric and garment sales increased year-over-year in 2025.

• Segment profit before tax in 2025: fabrics NTD 3,583 million, garments NTD 5,652 million.

• Americas and Asia were the largest markets, with Americas revenue at NTD 19,325 million in 2025.

• Largest customer accounted for NTD 6,244 million in revenue in 2025.