Shuang-Bang Industrial (6506) Q4 2025 earnings summary

Executive summary

• Consolidated financial statements for the years ended December 31, 2025, and 2024, were audited and present fairly in all material respects in accordance with IFRS and local regulations.

• The Group operates in coating and lamination, polymer, TPU, and previously sports (discontinued in 2024), with all activities based in Taiwan.

Financial highlights

• Operating revenue for 2025 was NT$1,875,443 thousand, down 1.7% year-over-year; net income rose to NT$95,508 thousand from NT$49,183 thousand.

• Gross profit margin improved to 16.01% in 2025 from 13.66% in 2024.

• Basic EPS increased to NT$1.04 in 2025 from NT$0.75 in 2024.

• Cash and cash equivalents at year-end 2025 were NT$103,287 thousand, down from NT$120,265 thousand.

• Total assets at year-end 2025 were NT$2,532,916 thousand; total liabilities NT$1,233,039 thousand.

Outlook and guidance

• The Group continues to evaluate the impact of new IFRS standards effective from 2026 and 2027, including IFRS 18 and IFRS 19.

• Dividend proposal for 2025 is NT$1 per share, pending shareholder approval.