SynPower (6658) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2024, was NT$1,580.8 million, up 44.7% year-over-year from NT$1,092.7 million.

• Net income attributable to owners for the same period was NT$12.98 million, with basic EPS of NT$0.36, compared to NT$7.37 million and EPS of NT$0.22 last year.

• Gross margin remained stable at 22% for the nine-month period.

Financial highlights

• Operating income for the nine months was NT$60.65 million, up from NT$16.09 million year-over-year.

• Cash and cash equivalents at September 30, 2024, were NT$721.1 million, up from NT$528.9 million a year ago.

• Total assets increased to NT$3,069.1 million from NT$2,553.5 million year-over-year.

• Total liabilities rose to NT$1,676.3 million, with equity at NT$1,392.7 million.

• Operating cash flow for the nine months was negative NT$44.85 million, similar to last year.

Outlook and guidance

• Management continues to monitor the impact of new IFRS standards and expects no material changes to accounting policies.

• Ongoing evaluation of future IFRS changes and their potential impact on financial results.