Income Statement Microprogram Information Co.,Ltd

Stocks

7721

TW0007721003

Semiconductors

End-of-day quote Taiwan S.E. Other stock markets 24/07/2026			5-day change	1st Jan Change
62.50 ^TWD	-1.42%		+1.13%	+25.75%

05-13	Microprogram Information Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
03-10	Microprogram Information Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: MICROPROGRAM INFORMATION CO.,LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	434M	461M	678M	794M	508M
Total Revenues	434M	461M	678M	794M	508M
Cost of Goods Sold, Total	209M	209M	322M	348M	162M
Gross Profit	225M	252M	355M	447M	346M
Selling General & Admin Expenses, Total	200M	165M	186M	198M	228M
Provision for Bad Debts	-	454K	-	20.87M	-
R&D Expenses	71.64M	83.18M	70.01M	71.81M	87.61M
Other Operating Expenses, Total	272M	249M	256M	291M	315M
Operating Income	-46.45M	3.49M	99.49M	156M	30.98M
Interest Expense, Total	-1.53M	-1.57M	-1.26M	-1.4M	-3.99M
Interest And Investment Income	1.07M	1.02M	2.3M	3.53M	9.61M
Net Interest Expenses	-452K	-556K	1.04M	2.14M	5.62M
Income (Loss) On Equity Invest.	-10.06M	-1.6M	284K	-185K	-181K
Currency Exchange Gains (Loss)	-1.55M	1.62M	63K	584K	-88K
Other Non Operating Income (Expenses)	5.92M	2.92M	14.25M	21.82M	3.7M
EBT, Excl. Unusual Items	-52.6M	5.88M	115M	180M	40.03M
Gain (Loss) On Sale Of Assets	420K	1.15M	886K	1.07M	494K
EBT, Incl. Unusual Items	-52.18M	7.03M	116M	181M	40.52M
Income Tax Expense	-21.86M	1.72M	23.93M	29.41M	11.49M
Earnings From Continuing Operations	-30.32M	5.3M	92.08M	152M	29.03M
Net Income to Company	-30.32M	5.3M	92.08M	152M	29.03M
Net Income - (IS)	-30.32M	5.3M	92.08M	152M	29.03M
Net Income to Common Incl Extra Items	-30.32M	5.3M	92.08M	152M	29.03M
Net Income to Common Excl. Extra Items	-30.32M	5.3M	92.08M	152M	29.03M
Per Share Items
Net EPS - Basic	-0.92	0.16	2.16	3.33	0.55
Basic EPS - Continuing Operations	-0.92	0.16	2.16	3.33	0.55
Basic Weighted Average Shares Outstanding	33.06M	33.06M	42.72M	45.51M	52.74M
Net EPS - Diluted	-0.92	0.16	2.15	3.33	0.55
Diluted EPS - Continuing Operations	-0.92	0.16	2.15	3.33	0.55
Diluted Weighted Average Shares Outstanding	33.06M	33.06M	42.76M	45.56M	52.77M
Normalized Basic EPS	-0.99	0.11	1.68	2.47	0.47
Normalized Diluted EPS	-0.99	0.11	1.68	2.47	0.47
Dividend Per Share	-	1	1	2	-
Payout Ratio	-	-	-	29.73	344.87
Supplemental Items
EBITDA	-23.89M	19.91M	113M	167M	48.15M
EBITA	-45.47M	4.24M	100M	156M	31.31M
EBIT	-46.45M	3.49M	99.49M	156M	30.98M
EBITDAR	-23.62M	19.92M	115M	169M	49.53M
Effective Tax Rate - (Ratio)	41.9	24.54	20.62	16.25	28.36
Total Current Taxes	-186K	71K	10K	19.89M	10.4M
Total Deferred Taxes	-21.68M	1.65M	23.92M	9.53M	1.09M
Normalized Net Income	-32.87M	3.67M	71.95M	112M	25.02M
Interest on Long-Term Debt	413K	329K	645K	965K	3.99M
Non-Cash Pension Expense	37K	35K	-3.13M	20K	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	148M	117M	130M	135M	159M
General and Administrative Expenses	51.58M	47.79M	55.72M	63.67M	68.78M
Research And Development Expense From Footnotes	71.64M	83.18M	70.01M	71.81M	87.61M
Net Rental Expense, Total	273K	18K	1.48M	1.02M	1.37M
Imputed Operating Lease Interest Expense	-	2.56K	189K	107K	238K
Imputed Operating Lease Depreciation	-	15.44K	1.29M	915K	1.13M
Stock-Based Comp., Other (Total)	954K	-	-	-	2.37M
Total Stock-Based Compensation	954K	-	-	-	2.37M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	70.01M	80.45M	157M	200M	288M
Short Term Investments	21.72M	22.04M	34.62M	406M	468M
Total Cash And Short Term Investments	91.73M	102M	192M	606M	757M
Accounts Receivable, Total	122M	126M	269M	299M	186M
Other Receivables	667K	563K	619K	1.18M	5.43M
Total Receivables	122M	127M	270M	300M	192M
Inventory	150M	149M	151M	145M	124M
Prepaid Expenses	8.33M	11.44M	5.2M	11.3M	4.92M
Other Current Assets, Total	23.78M	1.32M	35.92M	23.02M	14.04M
Total Current Assets	397M	391M	654M	1.09B	1.09B
Gross Property Plant And Equipment	221M	219M	258M	356M	513M
Accumulated Depreciation	-166M	-176M	-174M	-194M	-228M
Net Property Plant And Equipment	54.79M	42.56M	84.05M	163M	285M
Long-term Investments	17.34M	15.74M	36.33M	26.24M	44M
Other Intangibles, Total	4.55M	3.73M	8.06M	9.06M	11.41M
Deferred Tax Assets Long-Term	44.78M	43.12M	20.59M	9.85M	8.03M
Other Long-Term Assets, Total	8.05M	7.1M	7.77M	9.18M	175M
Total Assets	526M	503M	811M	1.3B	1.61B
Liabilities
Accounts Payable, Total	44.45M	38.26M	66.51M	44.53M	30.31M
Accrued Expenses, Total	-	613K	28.78M	39.01M	30.96M
Short-term Borrowings	70M	60M	15M	-	-
Current Portion of Leases	9.88M	10.93M	18.15M	24.5M	52.81M
Current Income Taxes Payable	248K	288K	-	19.73M	-
Unearned Revenue Current, Total	14.52M	4.14M	4.83M	7.46M	6.69M
Other Current Liabilities	38.31M	37.66M	24.29M	30.45M	20.3M
Total Current Liabilities	177M	152M	158M	166M	141M
Long-Term Leases	14.73M	11.31M	42.85M	112M	178M
Pension & Other Post Retirement Benefits	4.81M	2.26M	-	-	-
Deferred Tax Liability Non Current	688K	1.15M	2.52M	1.32M	576K
Total Liabilities	198M	167M	203M	279M	320M
Common Stock, Total	331M	331M	451M	501M	554M
Additional Paid In Capital	90.15M	90.15M	80.71M	333M	624M
Retained Earnings	-88.14M	-81.02M	80.53M	187M	116M
Comprehensive Income and Other	-4.2M	-3.12M	-4.16M	2.51M	837K
Total Common Equity	328M	337M	608M	1.02B	1.29B
Total Equity	328M	337M	608M	1.02B	1.29B
Total Liabilities And Equity	526M	503M	811M	1.3B	1.61B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	33.06M	33.06M	45.06M	50.06M	55.37M
ECS Total Common Shares Outstanding	33.06M	33.06M	45.06M	50.06M	55.37M
Book Value / Share	9.93	10.18	13.49	20.44	23.37
Tangible Book Value	324M	333M	600M	1.01B	1.28B
Tangible Book Value Per Share	9.8	10.07	13.31	20.26	23.17
Total Debt	94.61M	82.24M	76M	137M	231M
Net Debt	2.88M	-20.25M	-116M	-469M	-525M
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.81M	2.26M	-1.15M	-1.13M	-1.13M
Debt Equivalent Oper. Leases	2.18M	144K	11.86M	8.18M	10.98M
Equity Method Investments, Total	17.34M	15.74M	36.33M	26.24M	44M
Account Code - Inventory Valuation	-	5	6	6	6
Inventories - Raw Materials, Total	95.86M	103M	103M	113M	96.23M
Inventories - Work In Process, Total	24.94M	18.35M	15.26M	4.58M	3.21M
Inventories - Finished Goods, Total	29.6M	27.18M	32.91M	27.35M	24.18M
Machinery, Total	145M	145M	137M	137M	147M
Full Time Employees	-	205	187	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	454K	454K	21.38M	21.44M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-30.32M	5.3M	92.08M	152M	29.03M
Depreciation & Amortization - CF	40.67M	32.86M	30.6M	33.25M	65.5M
Amortization of Goodwill and Intangible Assets - (CF)	980K	745K	671K	424K	336K
Depreciation & Amortization, Total	41.65M	33.61M	31.27M	33.68M	65.84M
Amortization of Deferred Charges, Total - (CF)	337K	140K	-	243K	1.1M
(Gain) Loss From Sale Of Asset	-420K	-1.15M	-886K	-1.07M	-494K
(Gain) Loss on Sale of Investments - (CF)	-	-	-53K	-23.14M	-
(Income) Loss On Equity Investments - (CF)	10.06M	1.6M	-284K	185K	181K
Stock-Based Compensation (CF)	954K	-	-	-	-
Provision and Write-off of Bad Debts	-	454K	-	20.87M	-
Other Operating Activities, Total	-23.01M	1.84M	40.83M	39.62M	-23.66M
Change In Accounts Receivable	4.87M	-6.61M	-140M	-52.48M	112M
Change In Inventories	-27.36M	-2.1M	-24.49M	-8.06M	17.42M
Change In Accounts Payable	-6.82M	-5.76M	28.25M	-21.21M	-14.21M
Change in Unearned Revenues	6.3M	-10.39M	694K	2.63M	-772K
Change in Other Net Operating Assets	-1.96M	-2.42M	14.54M	10.63M	-11.14M
Cash from Operations	-25.7M	14.51M	42.43M	153M	176M
Capital Expenditure	-9.42M	-3.53M	-9.1M	-13.46M	-205M
Sale of Property, Plant, and Equipment	503K	1.87M	1.12M	1.16M	520K
Sale (Purchase) of Intangible assets	-509K	-67K	-5M	-1.34M	-3.79M
Investment in Marketable and Equity Securities, Total	-17.66M	22.3M	-67.54M	-341M	-73.44M
Other Investing Activities, Total	157K	943K	488K	-1.48M	-6.65M
Cash from Investing	-26.93M	21.52M	-80.03M	-356M	-288M
Short Term Debt Issued, Total	270M	340M	85M	90M	-
Total Debt Issued	270M	340M	85M	90M	-
Short Term Debt Repaid, Total	-280M	-350M	-130M	-105M	-
Long-Term Debt Repaid, Total	-19.04M	-16.55M	-19.61M	-19.09M	-43.02M
Total Debt Repaid	-299M	-367M	-150M	-124M	-43.02M
Issuance of Common Stock	10M	-	180M	323M	344M
Common Dividends Paid	-	-	-	-45.06M	-100M
Common & Preferred Stock Dividends Paid	-	-	-	-45.06M	-100M
Cash from Financing	-19.04M	-26.55M	115M	244M	201M
Foreign Exchange Rate Adjustments	-463K	967K	-1.26M	2.37M	241K
Net Change in Cash	-72.14M	10.44M	76.53M	43.22M	88.25M
Supplemental Items
Cash Interest Paid	1.51M	1.58M	1.32M	1.41M	3.99M
Cash Income Tax Paid (Refund)	-12K	-53K	330K	109K	34.59M
Levered Free Cash Flow	-	31.12M	-51.72M	115M	-30.21M
Unlevered Free Cash Flow	-	32.11M	-50.93M	116M	-27.72M
Change In Net Working Capital	-	228K	130M	474K	-92.49M
Net Debt Issued / Repaid	-29.04M	-26.55M	-64.61M	-34.09M	-43.02M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	0.42	9.47	9.2	1.33
Return on Total Capital	-	0.52	11.28	10.55	1.44
Return On Equity %	-	1.6	19.5	18.59	2.51
Return on Common Equity	-	1.6	19.5	18.59	2.51
Margin Analysis
Gross Profit Margin %	51.82	54.69	52.46	56.22	68.17
SG&A Margin	46.02	35.79	27.44	24.96	44.82
EBITDA Margin %	-5.5	4.32	16.73	21.09	9.48
EBITA Margin %	-10.47	0.92	14.78	19.64	6.17
EBIT Margin %	-10.69	0.76	14.68	19.58	6.1
Income From Continuing Operations Margin %	-6.98	1.15	13.59	19.08	5.72
Net Income Margin %	-6.98	1.15	13.59	19.08	5.72
Net Avail. For Common Margin %	-6.98	1.15	13.59	19.08	5.72
Normalized Net Income Margin	-7.57	0.8	10.62	14.16	4.93
Levered Free Cash Flow Margin	-	6.75	-7.63	14.48	-5.95
Unlevered Free Cash Flow Margin	-	6.96	-7.52	14.59	-5.46
Asset Turnover
Asset Turnover	-	0.9	1.03	0.75	0.35
Fixed Assets Turnover	-	9.47	10.7	6.44	2.27
Receivables Turnover (Average Receivables)	-	3.72	3.43	2.8	2.09
Inventory Turnover (Average Inventory)	-	1.4	2.15	2.35	1.2
Short Term Liquidity
Current Ratio	2.24	2.57	4.15	6.55	7.73
Quick Ratio	1.21	1.51	2.93	5.47	6.72
Operating Cash Flow to Current Liabilities	-0.14	0.1	0.27	0.93	1.25
Days Sales Outstanding (Average Receivables)	-	98.08	106.49	130.9	174.33
Days Outstanding Inventory (Average Inventory)	-	261.51	170.13	155.89	303.29
Average Days Payable Outstanding	-	72.75	58.95	59.51	97.37
Cash Conversion Cycle (Average Days)	-	286.84	217.67	227.29	380.25
Long Term Solvency
Total Debt/Equity	28.81	24.43	12.51	13.37	17.87
Total Debt / Total Capital	22.37	19.63	11.12	11.79	15.16
LT Debt/Equity	4.49	3.36	7.05	10.97	13.79
Long-Term Debt / Total Capital	3.48	2.7	6.27	9.68	11.7
Total Liabilities / Total Assets	37.57	33.11	25.04	21.44	19.83
EBIT / Interest Expense	-30.44	2.22	78.9	111.44	7.76
EBITDA / Interest Expense	-3.15	23.59	103.7	135.56	24.25
(EBITDA - Capex) / Interest Expense	-9.32	21.34	96.48	125.92	-27.12
Total Debt / EBITDA	-19.69	2.22	0.58	0.72	2.39
Net Debt / EBITDA	-0.6	-0.55	-0.88	-2.48	-5.43
Total Debt / (EBITDA - Capex)	-6.65	2.45	0.62	0.78	-2.14
Net Debt / (EBITDA - Capex)	-0.2	-0.6	-0.95	-2.67	4.85
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	6.13	46.95	17.24	-36.07
Gross Profit, 1 Yr. Growth %	-	12	40.97	25.63	-22.48
EBITDA, 1 Yr. Growth %	-	-183.32	469.49	47.75	-71.25
EBITA, 1 Yr. Growth %	-	-109.32	2.26K	55.74	-79.93
EBIT, 1 Yr. Growth %	-	-107.52	2.75K	56.37	-80.09
Earnings From Cont. Operations, 1 Yr. Growth %	-	-117.5	1.64K	64.62	-80.85
Net Income, 1 Yr. Growth %	-	-117.5	1.64K	64.62	-80.85
Normalized Net Income, 1 Yr. Growth %	-	-111.17	1.86K	56.29	-74.47
Diluted EPS Before Extra, 1 Yr. Growth %	-	-117.45	1.24K	54.88	-83.48
Accounts Receivable, 1 Yr. Growth %	-	3.73	113.37	11.07	-37.77
Inventory, 1 Yr. Growth %	-	-0.95	1.54	-4.16	-14.73
Net Property, Plant and Equip., 1 Yr. Growth %	-	-22.32	97.48	93.4	75.5
Total Assets, 1 Yr. Growth %	-	-4.34	61.08	60.67	23.95
Tangible Book Value, 1 Yr. Growth %	-	2.79	80.13	69.13	26.5
Common Equity, 1 Yr. Growth %	-	2.5	80.53	68.37	26.49
Cash From Operations, 1 Yr. Growth %	-	-156.44	192.47	261.57	14.53
Capital Expenditures, 1 Yr. Growth %	-	-62.51	157.76	47.92	1.42K
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-266.17	-322.14	-126.27
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-258.63	-327.28	-123.92
Dividend Per Share, 1 Yr. Growth %	-	-	0	100	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	24.88	31.25	-13.43
Gross Profit, 2 Yr. CAGR %	-	-	25.65	33.08	-1.31
EBITDA, 2 Yr. CAGR %	-	-	117.83	190.07	-34.82
EBITA, 2 Yr. CAGR %	-	-	48.41	506.69	-44.09
EBIT, 2 Yr. CAGR %	-	-	46.34	567.35	-44.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	74.28	434.54	-43.85
Net Income, 2 Yr. CAGR %	-	-	74.28	434.54	-43.85
Normalized Net Income, 2 Yr. CAGR %	-	-	47.94	453.35	-41.03
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	53.12	356.21	-49.42
Accounts Receivable, 2 Yr. CAGR %	-	-	48.77	53.95	-16.86
Inventory, 2 Yr. CAGR %	-	-	0.29	-1.35	-9.6
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	23.86	95.43	84.23
Total Assets, 2 Yr. CAGR %	-	-	24.14	60.88	41.12
Tangible Book Value, 2 Yr. CAGR %	-	-	36.07	74.54	46.27
Common Equity, 2 Yr. CAGR %	-	-	36.03	74.35	45.94
Cash From Operations, 2 Yr. CAGR %	-	-	28.48	225.24	103.49
Capital Expenditures, 2 Yr. CAGR %	-	-	-1.69	95.26	374.76
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	92.22	-23.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	89.97	-26.27
Dividend Per Share, 2 Yr. CAGR %	-	-	-	41.42	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	22.28	3.27
Gross Profit, 3 Yr. CAGR %	-	-	-	25.64	11.14
EBITDA, 3 Yr. CAGR %	-	-	-	91.39	34.24
EBITA, 3 Yr. CAGR %	-	-	-	50.81	94.77
EBIT, 3 Yr. CAGR %	-	-	-	49.61	106.99
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	71	76.22
Net Income, 3 Yr. CAGR %	-	-	-	71	76.22
Normalized Net Income, 3 Yr. CAGR %	-	-	-	50.67	89.57
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	53.7	50.92
Accounts Receivable, 3 Yr. CAGR %	-	-	-	34.96	13.83
Inventory, 3 Yr. CAGR %	-	-	-	-1.22	-6.03
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	43.69	88.55
Total Assets, 3 Yr. CAGR %	-	-	-	35.28	47.49
Tangible Book Value, 3 Yr. CAGR %	-	-	-	46.3	56.78
Common Equity, 3 Yr. CAGR %	-	-	-	46.05	56.66
Cash From Operations, 3 Yr. CAGR %	-	-	-	81.41	129.67
Capital Expenditures, 3 Yr. CAGR %	-	-	-	12.65	287.31
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-0.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-4.78