Gold Circuit Electronics (2368) Q4 2025 earnings summary

Executive summary

• Achieved significant revenue and profit growth in 2025, with strong cash flow and increased capital expenditures.

• Expanded operations and investments, including new convertible bond issuance and property developments.

• Maintained robust financial position with increased equity and prudent risk management.

Financial highlights

• Sales revenue rose to NT$60,003,758 thousand in 2025, up 54% year-over-year.

• Net profit for 2025 was NT$9,606,531 thousand, a 71% increase from 2024.

• Gross profit margin improved to 33% from 29% year-over-year.

• Basic EPS increased to NT$19.47 from NT$11.54 year-over-year.

• Cash and cash equivalents nearly doubled to NT$18,114,483 thousand at year-end.

Outlook and guidance

• Board proposed a cash dividend of NT$10 per share for 2025, reflecting strong earnings.

• Ongoing assessment of new IFRS standards and Pillar Two tax impacts for future compliance.