Grand Process Technology (3131) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2024, was NT$4,364.7 million, up 53% year-over-year from NT$2,851.6 million.

• Net income for the same period was NT$765.2 million, a 29% increase from NT$594.2 million year-over-year.

• Gross margin improved to 41% from 45% year-over-year, reflecting higher sales and product mix.

• Basic EPS for the nine months was NT$26.19, up from NT$20.46 year-over-year.

Financial highlights

• Operating income for the nine months was NT$1,000.9 million, up from NT$623.6 million year-over-year.

• Cash and cash equivalents at September 30, 2024, were NT$4,594.9 million, up from NT$2,260.8 million a year earlier.

• Total assets increased to NT$12,740.3 million from NT$8,993.4 million year-over-year.

• Total liabilities rose to NT$7,750.6 million from NT$4,596.7 million year-over-year.

• Dividend payout for 2023 was NT$642.8 million in cash, or NT$22 per share.

Outlook and guidance

• Management expects continued growth in semiconductor equipment and chemical product sales.

• Capital structure remains strong, supporting future working capital, capex, and dividend needs.