Kinsus Interconnect Technology (3189) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 reached NT$39,351,096 thousand, up 29% year-over-year, driven by strong IC substrate and optics sales.

• Net income attributable to shareholders was NT$1,595,936 thousand, a significant increase from NT$48,889 thousand in 2024.

• Gross profit margin improved to 21% from 28% in 2024, reflecting higher sales but also increased cost of goods sold.

• The company maintained a robust cash position with NT$12,281,237 thousand in cash and equivalents at year-end.

Financial highlights

• Operating income for 2025 was NT$2,669,813 thousand, compared to NT$1,095,419 thousand in 2024.

• Earnings per share (EPS) rose to NT$3.51 (basic) and NT$3.49 (diluted), up from NT$0.11 in 2024.

• Total assets stood at NT$79,973,280 thousand, with equity attributable to shareholders at NT$41,373,197 thousand.

• Cash flows from operating activities were NT$8,092,985 thousand, up from NT$7,705,101 thousand in 2024.

• Capital expenditures included NT$6,116,754 thousand for property, plant, and equipment.

Outlook and guidance

• The company expects continued growth in both IC substrate and optics segments, supported by ongoing investments in capacity and technology.

• Dividend policy remains stable, with a cash dividend of NT$1.75 per share for 2025.