Sino-American Silicon Products (5483) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025 was NT$58,688,460 thousand, down slightly from NT$59,712,762 thousand year-over-year.

• Net income for the nine months was NT$6,046,798 thousand, a decrease from NT$10,660,166 thousand year-over-year.

• Major organizational restructuring included the spin-off of the solar cell business and acquisition of Anjet and HJT as subsidiaries.

Financial highlights

• Gross profit margin for the nine months was 24%, compared to 31% in the prior year.

• Operating income for the nine months was NT$6,011,235 thousand, down from NT$10,587,792 thousand year-over-year.

• Basic EPS for the nine months was NT$4.07, compared to NT$8.70 year-over-year.

• Cash and cash equivalents at period end were NT$29,118,514 thousand, down from NT$56,331,321 thousand a year earlier.

• Net cash from operating activities was NT$9,489,927 thousand for the nine months, compared to NT$10,437,820 thousand year-over-year.

Outlook and guidance

• The group expects no significant impact from new IFRS standards effective in 2026 and is evaluating the impact of IFRS 18, to be adopted in 2028.