Wistron (3231) Q3 2025 earnings summary

Executive summary

• Net revenues for the nine months ended September 30, 2025, reached NT$1,465.6 billion, up from NT$752.1 billion year-over-year, with net profit attributable to owners at NT$19.2 billion, a significant increase from NT$12.1 billion in the prior year period.

• Gross profit for the nine months was NT$93.5 billion, with a gross margin of 6%, compared to NT$60.1 billion and 8% in the prior year.

• Basic earnings per share for the nine months was NT$6.43, up from NT$4.26 year-over-year.

Financial highlights

• Operating income for the nine months was NT$53.1 billion, nearly doubling from NT$27.1 billion year-over-year.

• Net cash flows used in operating activities for the nine months was NT$176.6 billion, compared to NT$12.4 billion in the prior year.

• Total assets as of September 30, 2025, were NT$960.5 billion, with total equity at NT$226.9 billion.

• Cash and cash equivalents at period end were NT$77.5 billion.

Outlook and guidance

• The company issued its third 5-year overseas unsecured convertible corporate bonds in October 2025 to fund material purchases.

• No seasonality or cyclicality factors affected operations.