King Yuan Electronics Company (2449) Q3 2025 earnings summary

Executive summary

• Net revenue for Q3'25 reached NT$9,290.5 million, up 11.1% sequentially and 32.0% year-over-year; nine-month sales were NT$24.97 billion, a 28% increase year-over-year.

• Profit attributable to the company was NT$2,302.2 million, a 5.8% increase from Q2'25 and up from NT$1.83 billion in Q3'24; nine-month net income rose to NT$8.74 billion from NT$5.97 billion year-over-year.

• EPS (diluted) was NT$1.87, up 5.6% sequentially but down 7.4% from Q3'24; basic EPS for the nine months ended September 30, 2025, was NT$7.17, compared to NT$4.70 for the same period last year.

• Total assets as of September 30, 2025, were NT$87.37 billion, with equity at NT$47.10 billion.

Financial highlights

• Gross margin stood at 36.0%, up 0.5 percentage points from Q2'25 and 0.1 points from Q3'24, and stable year-over-year.

• Operating profit margin was 26.8%, up 0.8 points sequentially and 1.7 points year-over-year; operating income for Q3 2025 was NT$2.49 billion, up from NT$1.77 billion in Q3 2024.

• EBITDA was NT$4,396.0 million, up from NT$3,944.5 million in Q2'25.

• Free cash flow was negative NT$2,471.0 million in Q3'25, an improvement from negative NT$7,771.9 million in Q2'25.

• Basic EPS for the nine months ended September 30, 2025, was NT$7.17, compared to NT$4.70 for the same period last year.

Outlook and guidance

• Forward-looking statements indicate expectations of continued growth, but actual results may differ due to various risk factors; strong year-over-year growth in sales and profitability suggests positive business momentum.