Eclat Textile (1476) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenue was NT$9.6 billion, down 3.97% year-over-year, with net profit at NT$1.652 billion, a 7% decrease from Q3 2024.

• Year-to-date revenue rose to NT$28.7 billion, up 5.39% year-over-year, but net profit declined 20% to NT$3.93 billion.

• EPS for Q3 was NT$6.02; YTD EPS reached NT$14.33, down from NT$17.98 last year.

• The business maintains vertically integrated operations, specializing in functional elastic fabrics and garments for sportswear, with global production bases.

• The audit opinion was qualified due to unreviewed non-significant subsidiaries.

Financial highlights

• Q3 gross margin was 28.66%, up from Q2 but down from 32.32% in Q3 2024; YTD gross margin was 28%, down from 31% last year.

• Q3 net profit was NT$1.652 billion, up 1.7x from Q2 but down year-over-year.

• Q3 EPS was NT$6.02; YTD EPS was NT$14.33.

• Net cash from operating activities for the nine months was NT$5.75 billion, up from NT$3.98 billion year-over-year.

• Q3 saw a positive FX gain of NT$212 million, compared to a loss last year.

Outlook and guidance

• Order visibility has normalized to six months, with a stable outlook for Q4 and Q1 next year.

• Gross margin target remains 28–32% for the coming quarters.

• Management is cautiously optimistic for 2025–2026, citing ongoing innovation and new product launches.

• No financial forecasting or forward-looking guidance was provided in statutory filings.