Jentech Precision Industrial (3653) Q3 2024 earnings summary

Executive summary

• Consolidated revenue for the nine months ended September 30, 2024, was NT$9,858,487 thousand, up from NT$8,939,945 thousand year-over-year.

• Net income attributable to parent company owners for the same period was NT$2,332,986 thousand, compared to NT$1,818,877 thousand year-over-year.

• Basic EPS for the nine months was NT$16.47, up from NT$13.19 year-over-year.

• Major acquisition: increased ownership in subsidiary 金利公司 from 37.78% to 100% via share swap.

Financial highlights

• Gross profit for the nine months was NT$3,697,892 thousand, with a gross margin of 37%.

• Operating income for the nine months was NT$2,579,583 thousand, up from NT$1,933,829 thousand year-over-year.

• Net cash provided by operating activities was NT$1,911,104 thousand for the nine months.

• Total assets as of September 30, 2024, were NT$16,960,127 thousand; equity attributable to parent company owners was NT$13,408,230 thousand.

Outlook and guidance

• Management expects no material impact from newly adopted or upcoming IFRS standards.

• No significant uncertainties identified regarding future adoption of accounting standards.