Income Statement APAC Opto Electronics Inc.

Stocks

4908

TW0004908009

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 24/08/2026			5-day change	1st Jan Change
147.50 ^TWD	-3.59%		-4.84%	+86.47%

08-14	APAC Opto Electronics Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-14	APAC Opto Electronics Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

f119d24822be.a0qohPCtiEJiYIYWOMCT-VHWKww1WD5hK-IK5aHWIxA.Wh6a67Xp7Bs0KekkQpb_zAKwTWhgawsWSpRMlu7jeVwbf5rRoOrDEQUP1w

Published financial data: APAC OPTO ELECTRONICS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	779M	885M	941M	936M	815M
Total Revenues	779M	885M	941M	936M	815M
Cost of Goods Sold, Total	459M	489M	540M	520M	429M
Gross Profit	320M	396M	401M	416M	386M
Selling General & Admin Expenses, Total	53.76M	72.07M	71.48M	75.46M	71.38M
R&D Expenses	89.15M	93.94M	123M	137M	139M
Other Operating Expenses, Total	143M	166M	194M	213M	211M
Operating Income	177M	230M	207M	203M	175M
Interest Expense, Total	-20K	-28K	-21K	-14K	-7K
Interest And Investment Income	5.19M	11.82M	28.12M	24.54M	21.24M
Net Interest Expenses	5.17M	11.79M	28.1M	24.52M	21.24M
Currency Exchange Gains (Loss)	-17.45M	63.41M	1.6M	29.26M	-20.26M
Other Non Operating Income (Expenses)	1.77M	4.46M	3.55M	2.56M	2.16M
EBT, Excl. Unusual Items	167M	310M	241M	259M	178M
Gain (Loss) On Sale Of Assets	170K	-	-	-	-
EBT, Incl. Unusual Items	167M	310M	241M	259M	178M
Income Tax Expense	21.83M	48.99M	35.13M	38.91M	23.36M
Earnings From Continuing Operations	145M	261M	205M	220M	155M
Net Income to Company	145M	261M	205M	220M	155M
Net Income - (IS)	145M	261M	205M	220M	155M
Net Income to Common Incl Extra Items	145M	261M	205M	220M	155M
Net Income to Common Excl. Extra Items	145M	261M	205M	220M	155M
Per Share Items
Net EPS - Basic	1.86	3.34	2.63	2.82	1.98
Basic EPS - Continuing Operations	1.86	3.34	2.63	2.82	1.98
Basic Weighted Average Shares Outstanding	78.22M	78.22M	78.22M	78.22M	78.22M
Net EPS - Diluted	1.84	3.29	2.61	2.81	1.97
Diluted EPS - Continuing Operations	1.84	3.29	2.61	2.81	1.97
Diluted Weighted Average Shares Outstanding	78.87M	79.34M	78.73M	78.52M	78.5M
Normalized Basic EPS	1.33	2.48	1.92	2.07	1.42
Normalized Diluted EPS	1.32	2.44	1.91	2.06	1.42
Dividend Per Share	1.8	3	2.4	1.75	1
Payout Ratio	59.25	53.96	114.23	85.19	88.58
Supplemental Items
EBITDA	201M	252M	229M	226M	200M
EBITA	177M	230M	207M	203M	175M
EBIT	177M	230M	207M	203M	175M
EBITDAR	202M	253M	229M	226M	200M
Total Revenues (As Reported)	779M	-	-	-	-
Effective Tax Rate - (Ratio)	13.07	15.81	14.61	15.01	13.13
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	22.46M	43.25M	36.64M	33.37M	21.39M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-634K	5.74M	-1.51M	5.54M	1.97M
Normalized Net Income	104M	194M	150M	162M	111M
Interest on Long-Term Debt	20K	28K	21K	14K	7K
Non-Cash Pension Expense	-11K	-7K	-120K	-79K	-135K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	19.32M	26.48M	27.77M	30.23M	28.12M
General and Administrative Expenses	34.44M	45.59M	43.71M	45.24M	43.25M
Research And Development Expense From Footnotes	89.15M	93.94M	123M	137M	139M
Net Rental Expense, Total	269K	282K	242K	114K	114K
Imputed Operating Lease Interest Expense	75.31K	66.11K	56.35K	26.57K	27.46K
Imputed Operating Lease Depreciation	194K	216K	186K	87.43K	86.54K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	690M	419M	114M	176M	56.75M
Short Term Investments	344M	750M	945M	926M	1.09B
Total Cash And Short Term Investments	1.03B	1.17B	1.06B	1.1B	1.15B
Accounts Receivable, Total	140M	129M	245M	219M	138M
Other Receivables	2.61M	1.68M	6.61M	4.91M	4.36M
Total Receivables	143M	131M	251M	224M	143M
Inventory	241M	241M	211M	145M	182M
Prepaid Expenses	942K	987K	1.52M	-	20.79M
Other Current Assets, Total	-	-	-	1.46M	-
Total Current Assets	1.42B	1.54B	1.52B	1.47B	1.49B
Gross Property Plant And Equipment	969M	940M	955M	974M	980M
Accumulated Depreciation	-647M	-634M	-642M	-652M	-655M
Net Property Plant And Equipment	322M	306M	313M	322M	325M
Long-term Investments	4.65M	4.76M	4.18M	55.62M	61.87M
Other Intangibles, Total	3.88M	3.12M	3.82M	2.38M	3.67M
Deferred Tax Assets Long-Term	25.83M	20.12M	21.58M	19.07M	14.61M
Other Long-Term Assets, Total	3.35M	8.88M	8.45M	13.72M	8.97M
Total Assets	1.78B	1.88B	1.87B	1.88B	1.91B
Liabilities
Accounts Payable, Total	75.68M	34.12M	52.18M	35.08M	59.37M
Accrued Expenses, Total	68.1M	85.25M	90.28M	89.79M	86.44M
Current Portion of Leases	231K	237K	244K	251K	107K
Current Income Taxes Payable	27.9M	46.54M	35.42M	10.4M	-
Unearned Revenue Current, Total	10.82M	4.66M	1.84M	-	-
Other Current Liabilities	15.22M	12.44M	25.9M	40.97M	31.72M
Total Current Liabilities	198M	183M	206M	176M	178M
Long-Term Leases	840K	603K	359K	107K	-
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	136K	1.26M	847K	4.38M	1.62M
Total Liabilities	199M	185M	207M	181M	179M
Common Stock, Total	782M	782M	782M	782M	782M
Additional Paid In Capital	93.34M	93.34M	93.34M	94.15M	94.15M
Retained Earnings	703M	827M	797M	831M	848M
Comprehensive Income and Other	650K	-4.24M	-4.82M	-3.74M	2.54M
Total Common Equity	1.58B	1.7B	1.67B	1.7B	1.73B
Total Equity	1.58B	1.7B	1.67B	1.7B	1.73B
Total Liabilities And Equity	1.78B	1.88B	1.87B	1.88B	1.91B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78.22M	78.22M	78.22M	78.22M	78.22M
ECS Total Common Shares Outstanding	78.22M	78.22M	78.22M	78.22M	78.22M
Book Value / Share	20.19	21.72	21.32	21.78	22.08
Tangible Book Value	1.58B	1.7B	1.66B	1.7B	1.72B
Tangible Book Value Per Share	20.14	21.68	21.27	21.75	22.03
Total Debt	1.07M	840K	603K	358K	107K
Net Debt	-1.03B	-1.17B	-1.06B	-1.1B	-1.15B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-682K	-6.02M	-4.24M	-6.77M	-5.45M
Debt Equivalent Oper. Leases	2.15M	2.26M	1.94M	912K	912K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	124M	125M	91.29M	69.97M	76.28M
Inventories - Work In Process, Total	55.89M	57.47M	55.26M	31.12M	36.49M
Inventories - Finished Goods, Total	60.38M	57.96M	64.26M	43.47M	69.56M
Land - (BS)	151M	151M	151M	151M	151M
Buildings, Total	176M	176M	176M	176M	176M
Machinery, Total	641M	612M	627M	646M	652M
Full Time Employees	268	275	273	278	275
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	145M	261M	205M	220M	155M
Depreciation & Amortization - CF	24.05M	22.27M	21.44M	22.98M	25.45M
Amortization of Goodwill and Intangible Assets - (CF)	10K	-	-	-	-
Depreciation & Amortization, Total	24.06M	22.27M	21.44M	22.98M	25.45M
Amortization of Deferred Charges, Total - (CF)	1.28M	1.36M	1.54M	1.73M	1.47M
(Gain) Loss From Sale Of Asset	-170K	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	480K	23.6M	-13.26M	-20.17M	-9.14M
Change In Accounts Receivable	-28.98M	11.32M	-116M	25.34M	81.13M
Change In Inventories	-44.25M	157K	29.74M	66.24M	-37.77M
Change In Accounts Payable	56.49M	-41.56M	18.06M	-17.1M	24.29M
Change in Other Net Operating Assets	9.71M	11.41M	4.17M	17.66M	-26.94M
Cash from Operations	164M	289M	151M	317M	213M
Capital Expenditure	-16.65M	-6.26M	-18.98M	-30.58M	-28.75M
Sale of Property, Plant, and Equipment	170K	-	-	-	-
Sale (Purchase) of Intangible assets	-1.89M	-898K	-787K	-1.75M	-2.76M
Investment in Marketable and Equity Securities, Total	-344M	-411M	-196M	-31.28M	-163M
Other Investing Activities, Total	-643K	-1.6M	-5.65M	-4.29M	-318K
Cash from Investing	-363M	-420M	-221M	-67.89M	-195M
Long-Term Debt Repaid, Total	-202K	-231K	-237K	-245K	-251K
Total Debt Repaid	-202K	-231K	-237K	-245K	-251K
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-86.04M	-141M	-235M	-188M	-137M
Common & Preferred Stock Dividends Paid	-86.04M	-141M	-235M	-188M	-137M
Other Financing Activities, Total	-20K	-28K	-21K	797K	-7K
Cash from Financing	-86.26M	-141M	-235M	-187M	-137M
Net Change in Cash	-285M	-271M	-305M	61.96M	-119M
Supplemental Items
Cash Interest Paid	20K	28K	21K	14K	7K
Cash Income Tax Paid (Refund)	21.4M	24.6M	47.77M	58.39M	32.92M
Levered Free Cash Flow	114M	158M	63.98M	183M	130M
Unlevered Free Cash Flow	114M	158M	63.99M	183M	131M
Change In Net Working Capital	4.03M	2.34M	68.8M	-63.95M	-25.87M
Net Debt Issued / Repaid	-202K	-231K	-237K	-245K	-251K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.45	7.86	6.9	6.75	5.76
Return on Total Capital	7.13	8.78	7.7	7.52	6.37
Return On Equity %	9.35	15.92	12.21	13.07	9.01
Return on Common Equity	9.35	15.92	12.21	13.07	9.01
Margin Analysis
Gross Profit Margin %	41.12	44.78	42.64	44.42	47.33
SG&A Margin	6.9	8.15	7.59	8.06	8.76
EBITDA Margin %	25.84	28.51	24.27	24.1	24.55
EBITA Margin %	22.77	26.02	22.02	21.67	21.45
EBIT Margin %	22.77	26.02	22.02	21.67	21.45
Income From Continuing Operations Margin %	18.64	29.49	21.82	23.54	18.97
Net Income Margin %	18.64	29.49	21.82	23.54	18.97
Net Avail. For Common Margin %	18.64	29.49	21.82	23.54	18.97
Normalized Net Income Margin	13.39	21.89	15.97	17.31	13.65
Levered Free Cash Flow Margin	14.59	17.86	6.8	19.56	16.02
Unlevered Free Cash Flow Margin	14.59	17.86	6.8	19.56	16.02
Asset Turnover
Asset Turnover	0.45	0.48	0.5	0.5	0.43
Fixed Assets Turnover	2.4	2.82	3.04	2.95	2.52
Receivables Turnover (Average Receivables)	6.19	6.57	5.04	4.04	4.56
Inventory Turnover (Average Inventory)	2.1	2.03	2.39	2.93	2.63
Short Term Liquidity
Current Ratio	7.16	8.41	7.4	8.34	8.4
Quick Ratio	5.94	7.09	6.37	7.52	7.26
Operating Cash Flow to Current Liabilities	0.83	1.58	0.74	1.8	1.2
Days Sales Outstanding (Average Receivables)	58.96	55.55	72.44	90.7	80.1
Days Outstanding Inventory (Average Inventory)	173.95	179.77	152.53	124.97	139.03
Average Days Payable Outstanding	34.43	41.03	30.86	35.16	36.92
Cash Conversion Cycle (Average Days)	198.47	194.29	194.11	180.51	182.2
Long Term Solvency
Total Debt/Equity	0.07	0.05	0.04	0.02	0.01
Total Debt / Total Capital	0.07	0.05	0.04	0.02	0.01
LT Debt/Equity	0.05	0.04	0.02	0.01	-
Long-Term Debt / Total Capital	0.05	0.04	0.02	0.01	-
Total Liabilities / Total Assets	11.19	9.83	11.05	9.6	9.41
EBIT / Interest Expense	8.87K	8.22K	9.87K	14.49K	24.97K
EBITDA / Interest Expense	10.07K	9.02K	10.89K	16.14K	28.6K
(EBITDA - Capex) / Interest Expense	9.24K	8.79K	9.99K	13.95K	24.49K
Total Debt / EBITDA	0.01	0	0	0	0
Net Debt / EBITDA	-5.13	-4.62	-4.63	-4.88	-5.72
Total Debt / (EBITDA - Capex)	0.01	0	0	0	0
Net Debt / (EBITDA - Capex)	-5.59	-4.74	-5.05	-5.64	-6.68
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.15	13.59	6.4	-0.55	-12.98
Gross Profit, 1 Yr. Growth %	4.98	23.71	1.3	3.6	-7.28
EBITDA, 1 Yr. Growth %	9.25	25.36	-9.42	-1.25	-11.38
EBITA, 1 Yr. Growth %	11.54	29.79	-9.96	-2.12	-13.88
EBIT, 1 Yr. Growth %	11.58	29.8	-9.96	-2.12	-13.88
Earnings From Cont. Operations, 1 Yr. Growth %	19.65	79.66	-21.27	7.26	-29.87
Net Income, 1 Yr. Growth %	19.65	79.66	-21.27	7.26	-29.87
Normalized Net Income, 1 Yr. Growth %	18.83	85.71	-22.38	7.77	-31.39
Diluted EPS Before Extra, 1 Yr. Growth %	19.48	78.8	-20.67	7.66	-29.89
Accounts Receivable, 1 Yr. Growth %	26.03	-8.06	89.68	-10.35	-36.99
Inventory, 1 Yr. Growth %	22.52	-0.07	-12.36	-31.42	26.13
Net Property, Plant and Equip., 1 Yr. Growth %	-1.48	-4.88	2.29	2.6	1.02
Total Assets, 1 Yr. Growth %	7.16	5.95	-0.49	0.56	1.12
Tangible Book Value, 1 Yr. Growth %	3.26	7.64	-1.88	2.28	1.27
Common Equity, 1 Yr. Growth %	3.32	7.57	-1.84	2.19	1.34
Cash From Operations, 1 Yr. Growth %	62.81	76.68	-47.69	109.35	-32.81
Capital Expenditures, 1 Yr. Growth %	61.45	-62.38	202.99	61.15	-5.97
Levered Free Cash Flow, 1 Yr. Growth %	61.8	39.07	-59.51	186.26	-28.75
Unlevered Free Cash Flow, 1 Yr. Growth %	61.8	39.07	-59.51	186.22	-28.75
Dividend Per Share, 1 Yr. Growth %	63.64	66.67	-20	-27.08	-44.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.42	9.29	9.93	2.87	-6.97
Gross Profit, 2 Yr. CAGR %	3.08	13.96	11.95	2.44	-1.99
EBITDA, 2 Yr. CAGR %	4.92	17.03	6.56	-5.42	-6.45
EBITA, 2 Yr. CAGR %	5.8	20.32	8.1	-6.12	-8.19
EBIT, 2 Yr. CAGR %	5.82	20.34	8.11	-6.12	-8.19
Earnings From Cont. Operations, 2 Yr. CAGR %	5.8	46.62	18.94	-8.1	-13.27
Net Income, 2 Yr. CAGR %	5.8	46.62	18.94	-8.1	-13.27
Normalized Net Income, 2 Yr. CAGR %	1.22	48.55	20.06	-8.53	-14.01
Diluted EPS Before Extra, 2 Yr. CAGR %	5.6	46.16	19.1	-7.58	-13.12
Accounts Receivable, 2 Yr. CAGR %	8.52	7.64	32.05	30.4	-24.84
Inventory, 2 Yr. CAGR %	23.12	10.65	-6.42	-22.48	-7
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.84	-3.19	-1.36	2.45	1.81
Total Assets, 2 Yr. CAGR %	4.51	6.55	2.68	0.03	0.84
Tangible Book Value, 2 Yr. CAGR %	3.02	5.43	2.77	0.18	1.77
Common Equity, 2 Yr. CAGR %	3.09	5.42	2.76	0.16	1.77
Cash From Operations, 2 Yr. CAGR %	-17.25	69.61	-3.86	4.65	18.6
Capital Expenditures, 2 Yr. CAGR %	18.62	-22.06	6.77	120.97	23.09
Levered Free Cash Flow, 2 Yr. CAGR %	-26.12	50	-24.96	7.66	42.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	-26.12	50	-24.96	7.66	42.81
Dividend Per Share, 2 Yr. CAGR %	27.92	65.14	15.47	-23.62	-35.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.37	2.65	8.32	6.32	-2.71
Gross Profit, 3 Yr. CAGR %	5.97	9.54	9.57	9.09	-0.91
EBITDA, 3 Yr. CAGR %	9.24	11.33	7.45	3.89	-7.45
EBITA, 3 Yr. CAGR %	10.5	13.26	9.24	4.58	-8.78
EBIT, 3 Yr. CAGR %	10.51	13.28	9.25	4.58	-8.78
Earnings From Cont. Operations, 3 Yr. CAGR %	4.03	26.22	19.17	14.91	-16.02
Net Income, 3 Yr. CAGR %	4.03	26.22	19.17	14.91	-16.02
Normalized Net Income, 3 Yr. CAGR %	2.05	23.92	19.65	15.82	-16.89
Diluted EPS Before Extra, 3 Yr. CAGR %	4.34	25.86	19.23	15.16	-15.71
Accounts Receivable, 3 Yr. CAGR %	5.64	2.68	30.02	16.06	2.33
Inventory, 3 Yr. CAGR %	-0.43	14.85	2.38	-15.63	-8.82
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.73	-3.53	-1.4	-0.05	1.97
Total Assets, 3 Yr. CAGR %	4.64	4.99	4.15	1.97	0.39
Tangible Book Value, 3 Yr. CAGR %	3.45	4.54	2.93	2.61	0.54
Common Equity, 3 Yr. CAGR %	3.49	4.56	2.94	2.57	0.55
Cash From Operations, 3 Yr. CAGR %	2.15	6.55	14.6	24.61	-9.72
Capital Expenditures, 3 Yr. CAGR %	13.16	-19.1	22.55	22.47	66.2
Levered Free Cash Flow, 3 Yr. CAGR %	4.41	-8.78	-3.06	17.25	-6.18
Unlevered Free Cash Flow, 3 Yr. CAGR %	4.41	-8.78	-3.05	17.25	-6.18
Dividend Per Share, 3 Yr. CAGR %	27.92	39.71	29.7	-0.93	-30.66
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.64	-2.72	3.63	2.74	1.92
Gross Profit, 5 Yr. CAGR %	3.64	3.16	8.32	6.65	4.79
EBITDA, 5 Yr. CAGR %	6.97	5.6	8.16	4.3	1.66
EBITA, 5 Yr. CAGR %	9.9	6.54	9.53	5.07	1.9
EBIT, 5 Yr. CAGR %	9.92	6.55	9.54	5.08	1.91
Earnings From Cont. Operations, 5 Yr. CAGR %	8.47	16.6	9.75	11.17	4.95
Net Income, 5 Yr. CAGR %	8.47	16.6	9.75	11.17	4.95
Normalized Net Income, 5 Yr. CAGR %	7.73	16.48	8.9	9.74	4.84
Diluted EPS Before Extra, 5 Yr. CAGR %	8.21	16.24	10.01	11.24	5.05
Accounts Receivable, 5 Yr. CAGR %	-3.58	-2.62	15.5	12.98	4.42
Inventory, 5 Yr. CAGR %	4.72	-1.08	-2.87	-1.86	-1.48
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.69	-2.03	-2.18	-1.18	-0.13
Total Assets, 5 Yr. CAGR %	4.48	4.42	3.85	2.98	2.81
Tangible Book Value, 5 Yr. CAGR %	4.56	4.72	3.18	2.77	2.47
Common Equity, 5 Yr. CAGR %	4.55	4.72	3.2	2.78	2.47
Cash From Operations, 5 Yr. CAGR %	-3.49	19.85	-0.3	5.79	16.18
Capital Expenditures, 5 Yr. CAGR %	-4.21	-9.37	10.56	20.92	22.77
Levered Free Cash Flow, 5 Yr. CAGR %	-4.85	11.5	-8.52	-2.53	13.19
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.84	11.5	-8.51	-2.53	13.19
Dividend Per Share, 5 Yr. CAGR %	22.59	29.94	22.78	9.73	-1.89