Hiwin Technologies (2049) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025 was NT$17,759.6 million, a slight decrease from NT$18,015.9 million year-over-year.

• Net profit attributable to owners for the period was NT$1,063.9 million, down from NT$1,641.8 million year-over-year.

• Earnings per share (EPS) for the nine months were NT$3.01 basic and NT$3.00 diluted, compared to NT$4.64 and NT$4.63, respectively, in the prior year.

• The independent auditor issued a qualified review due to unreviewed financials of some non-significant subsidiaries, which represented a notable portion of assets and liabilities.

Financial highlights

• Gross profit margin for the nine months was 29%, consistent with the prior year.

• Operating profit for the nine months was NT$1,327.9 million, down from NT$1,740.5 million year-over-year.

• Total comprehensive income for the period was NT$652.0 million, compared to NT$2,096.7 million year-over-year.

• Cash and cash equivalents at period end were NT$6,829.7 million, down from NT$7,353.9 million at the start of the year.

Outlook and guidance

• Management continues to assess the impact of new IFRS standards effective in 2026 and 2027, with no material impact expected yet.

• Capital management remains focused on supporting expansion, R&D, and maintaining a balanced capital structure.