Income Statement Microprogram Information Co.,Ltd

Stocks

7721

TW0007721003

Semiconductors

End-of-day quote Taiwan S.E. 24/09/2026			5-day change	1st Jan Change
61.70 ^TWD	-0.48%		+5.65%	+24.14%

12/08	Microprogram Information Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
13/05	Microprogram Information Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

6a61bc1da5daea40d2.0ad4Y81YKCzNIl5MHmFoH_ZzmLAgI-HaTHYesksunzQ.tcw_K74sW0uPRg4nZDNfKb44qv1jcaDjOTB2_QBf_XmezRxU9TBgZoxHBw

Published financial data: MICROPROGRAM INFORMATION CO.,LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Revenues	43Cr	46Cr	68Cr	79Cr	51Cr
Total Revenues	43Cr	46Cr	68Cr	79Cr	51Cr
Cost of Goods Sold, Total	21Cr	21Cr	32Cr	35Cr	16Cr
Gross Profit	23Cr	25Cr	36Cr	45Cr	35Cr
Selling General & Admin Expenses, Total	20Cr	17Cr	19Cr	20Cr	23Cr
Provision for Bad Debts	-	5L	-	2.09Cr	-
R&D Expenses	7.16Cr	8.32Cr	7Cr	7.18Cr	8.76Cr
Other Operating Expenses, Total	27Cr	25Cr	26Cr	29Cr	32Cr
Operating Income	-4.65Cr	34.93L	9.95Cr	16Cr	3.1Cr
Interest Expense, Total	-15.26L	-15.73L	-12.61L	-13.96L	-39.92L
Interest And Investment Income	10.74L	10.17L	23L	35.34L	96.1L
Net Interest Expenses	-5L	-6L	10.39L	21.38L	56.18L
Income (Loss) On Equity Invest.	-1.01Cr	-15.96L	3L	-2L	-2L
Currency Exchange Gains (Loss)	-15.48L	16.17L	63T	6L	-88T
Other Non Operating Income (Expenses)	59.15L	29.18L	1.42Cr	2.18Cr	37.01L
EBT, Excl. Unusual Items	-5.26Cr	58.76L	12Cr	18Cr	4Cr
Gain (Loss) On Sale Of Assets	4L	11.54L	9L	10.72L	5L
EBT, Incl. Unusual Items	-5.22Cr	70.3L	12Cr	18Cr	4.05Cr
Income Tax Expense	-2.19Cr	17.25L	2.39Cr	2.94Cr	1.15Cr
Earnings From Continuing Operations	-3.03Cr	53.05L	9.21Cr	15Cr	2.9Cr
Net Income to Company	-3.03Cr	53.05L	9.21Cr	15Cr	2.9Cr
Net Income - (IS)	-3.03Cr	53.05L	9.21Cr	15Cr	2.9Cr
Net Income to Common Incl Extra Items	-3.03Cr	53.05L	9.21Cr	15Cr	2.9Cr
Net Income to Common Excl. Extra Items	-3.03Cr	53.05L	9.21Cr	15Cr	2.9Cr
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	3.31Cr	3.31Cr	4.27Cr	4.55Cr	5.27Cr
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	3.31Cr	3.31Cr	4.28Cr	4.56Cr	5.28Cr
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	1
Payout Ratio	-	-	-	29.73	344.87
Supplemental Items
EBITDA	-2.39Cr	1.99Cr	11Cr	17Cr	4.82Cr
EBITA	-4.55Cr	42.38L	10Cr	16Cr	3.13Cr
EBIT	-4.65Cr	34.93L	9.95Cr	16Cr	3.1Cr
EBITDAR	-2.36Cr	1.99Cr	11Cr	17Cr	4.95Cr
Effective Tax Rate - (Ratio)	41.9	24.54	20.62	16.25	28.36
Total Current Taxes	-2L	71T	10T	1.99Cr	1.04Cr
Total Deferred Taxes	-2.17Cr	16.54L	2.39Cr	95.26L	10.93L
Normalized Net Income	-3.29Cr	36.72L	7.2Cr	11Cr	2.5Cr
Interest on Long-Term Debt	4L	3L	6L	10L	39.92L
Non-Cash Pension Expense	37T	35T	-31.3L	20T	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	15Cr	12Cr	13Cr	13Cr	16Cr
General and Administrative Expenses	5.16Cr	4.78Cr	5.57Cr	6.37Cr	6.88Cr
Research And Development Expense From Footnotes	7.16Cr	8.32Cr	7Cr	7.18Cr	8.76Cr
Net Rental Expense, Total	3L	18T	14.82L	10.22L	13.72L
Imputed Operating Lease Interest Expense	-	2.56T	2L	1L	2L
Imputed Operating Lease Depreciation	-	15.44T	12.93L	9L	11.34L
Stock-Based Comp., Other (Total)	10L	-	-	-	23.7L
Total Stock-Based Compensation	10L	-	-	-	23.7L

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Assets
Cash And Equivalents	7Cr	8.05Cr	16Cr	20Cr	29Cr
Short Term Investments	2.17Cr	2.2Cr	3.46Cr	41Cr	47Cr
Total Cash And Short Term Investments	9.17Cr	10Cr	19Cr	61Cr	76Cr
Accounts Receivable, Total	12Cr	13Cr	27Cr	30Cr	19Cr
Other Receivables	7L	6L	6L	11.84L	54.31L
Total Receivables	12Cr	13Cr	27Cr	30Cr	19Cr
Inventory	15Cr	15Cr	15Cr	14Cr	12Cr
Prepaid Expenses	83.27L	1.14Cr	52.01L	1.13Cr	49.19L
Other Current Assets, Total	2.38Cr	13.15L	3.59Cr	2.3Cr	1.4Cr
Total Current Assets	40Cr	39Cr	65Cr	108.55Cr	109.08Cr
Gross Property Plant And Equipment	22Cr	22Cr	26Cr	36Cr	51Cr
Accumulated Depreciation	-17Cr	-18Cr	-17Cr	-19Cr	-23Cr
Net Property Plant And Equipment	5.48Cr	4.26Cr	8.4Cr	16Cr	29Cr
Long-term Investments	1.73Cr	1.57Cr	3.63Cr	2.62Cr	4.4Cr
Other Intangibles, Total	45.51L	37.33L	80.59L	90.58L	1.14Cr
Deferred Tax Assets Long-Term	4.48Cr	4.31Cr	2.06Cr	98.48L	80.33L
Other Long-Term Assets, Total	80.46L	71.03L	77.68L	91.81L	17Cr
Total Assets	53Cr	50Cr	81Cr	130.24Cr	161.44Cr
Liabilities
Accounts Payable, Total	4.44Cr	3.83Cr	6.65Cr	4.45Cr	3.03Cr
Accrued Expenses, Total	-	6L	2.88Cr	3.9Cr	3.1Cr
Short-term Borrowings	7Cr	6Cr	1.5Cr	-	-
Current Portion of Leases	98.81L	1.09Cr	1.81Cr	2.45Cr	5.28Cr
Current Income Taxes Payable	2L	3L	-	1.97Cr	-
Unearned Revenue Current, Total	1.45Cr	41.35L	48.29L	74.58L	66.86L
Other Current Liabilities	3.83Cr	3.77Cr	2.43Cr	3.04Cr	2.03Cr
Total Current Liabilities	18Cr	15Cr	16Cr	17Cr	14Cr
Long-Term Leases	1.47Cr	1.13Cr	4.29Cr	11Cr	18Cr
Pension & Other Post Retirement Benefits	48.09L	22.63L	-	-	-
Deferred Tax Liability Non Current	7L	11.47L	25.2L	13.2L	6L
Total Liabilities	20Cr	17Cr	20Cr	28Cr	32Cr
Common Stock, Total	33Cr	33Cr	45Cr	50Cr	55Cr
Additional Paid In Capital	9.02Cr	9.02Cr	8.07Cr	33Cr	62Cr
Retained Earnings	-8.81Cr	-8.1Cr	8.05Cr	19Cr	12Cr
Comprehensive Income and Other	-42.03L	-31.16L	-41.58L	25.07L	8L
Total Common Equity	33Cr	34Cr	61Cr	102.31Cr	129.42Cr
Total Equity	33Cr	34Cr	61Cr	102.31Cr	129.42Cr
Total Liabilities And Equity	53Cr	50Cr	81Cr	130.24Cr	161.44Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.31Cr	3.31Cr	4.51Cr	5.01Cr	5.54Cr
ECS Total Common Shares Outstanding	3.31Cr	3.31Cr	4.51Cr	5.01Cr	5.54Cr
Book Value / Share	9.93	10.18	13.49	20.44	23.37
Tangible Book Value	32Cr	33Cr	60Cr	101.41Cr	128.28Cr
Tangible Book Value Per Share	9.8	10.07	13.31	20.26	23.17
Total Debt	9.46Cr	8.22Cr	7.6Cr	14Cr	23Cr
Net Debt	28.8L	-2.03Cr	-12Cr	-47Cr	-53Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	48.09L	22.63L	-11.53L	-11.33L	-11.33L
Debt Equivalent Oper. Leases	21.84L	1L	1.19Cr	81.76L	1.1Cr
Equity Method Investments, Total	1.73Cr	1.57Cr	3.63Cr	2.62Cr	4.4Cr
Account Code - Inventory Valuation	-	5	6	6	6
Inventories - Raw Materials, Total	9.59Cr	10Cr	10Cr	11Cr	9.62Cr
Inventories - Work In Process, Total	2.49Cr	1.84Cr	1.53Cr	45.75L	32.07L
Inventories - Finished Goods, Total	2.96Cr	2.72Cr	3.29Cr	2.73Cr	2.42Cr
Machinery, Total	14Cr	15Cr	14Cr	14Cr	15Cr
Full Time Employees	-	205	187	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	5L	5L	2.14Cr	2.14Cr

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
Net Income	-3.03Cr	53.05L	9.21Cr	15Cr	2.9Cr
Depreciation & Amortization - CF	4.07Cr	3.29Cr	3.06Cr	3.33Cr	6.55Cr
Amortization of Goodwill and Intangible Assets - (CF)	10L	7L	7L	4L	3L
Depreciation & Amortization, Total	4.16Cr	3.36Cr	3.13Cr	3.37Cr	6.58Cr
Amortization of Deferred Charges, Total - (CF)	3L	1L	-	2L	11.05L
(Gain) Loss From Sale Of Asset	-4L	-11.54L	-9L	-10.72L	-5L
(Gain) Loss on Sale of Investments - (CF)	-	-	-53T	-2.31Cr	-
(Income) Loss On Equity Investments - (CF)	1.01Cr	15.96L	-3L	2L	2L
Stock-Based Compensation (CF)	10L	-	-	-	-
Provision and Write-off of Bad Debts	-	5L	-	2.09Cr	-
Other Operating Activities, Total	-2.3Cr	18.42L	4.08Cr	3.96Cr	-2.37Cr
Change In Accounts Receivable	48.71L	-66.13L	-14Cr	-5.25Cr	11Cr
Change In Inventories	-2.74Cr	-20.99L	-2.45Cr	-80.63L	1.74Cr
Change In Accounts Payable	-68.24L	-57.64L	2.82Cr	-2.12Cr	-1.42Cr
Change in Unearned Revenues	63.03L	-1.04Cr	7L	26.29L	-8L
Change in Other Net Operating Assets	-19.56L	-24.21L	1.45Cr	1.06Cr	-1.11Cr
Cash from Operations	-2.57Cr	1.45Cr	4.24Cr	15Cr	18Cr
Capital Expenditure	-94.15L	-35.3L	-90.99L	-1.35Cr	-21Cr
Sale of Property, Plant, and Equipment	5L	18.69L	11.17L	11.6L	5L
Sale (Purchase) of Intangible assets	-5L	-67T	-49.97L	-13.44L	-37.92L
Investment in Marketable and Equity Securities, Total	-1.77Cr	2.23Cr	-6.75Cr	-34Cr	-7.34Cr
Other Investing Activities, Total	2L	9L	5L	-14.84L	-66.52L
Cash from Investing	-2.69Cr	2.15Cr	-8Cr	-36Cr	-29Cr
Short Term Debt Issued, Total	27Cr	34Cr	8.5Cr	9Cr	-
Total Debt Issued	27Cr	34Cr	8.5Cr	9Cr	-
Short Term Debt Repaid, Total	-28Cr	-35Cr	-13Cr	-10Cr	-
Long-Term Debt Repaid, Total	-1.9Cr	-1.66Cr	-1.96Cr	-1.91Cr	-4.3Cr
Total Debt Repaid	-30Cr	-37Cr	-15Cr	-12Cr	-4.3Cr
Issuance of Common Stock	1Cr	-	18Cr	32Cr	34Cr
Common Dividends Paid	-	-	-	-4.51Cr	-10Cr
Common & Preferred Stock Dividends Paid	-	-	-	-4.51Cr	-10Cr
Cash from Financing	-1.9Cr	-2.66Cr	12Cr	24Cr	20Cr
Foreign Exchange Rate Adjustments	-5L	10L	-12.61L	23.71L	2L
Net Change in Cash	-7.21Cr	1.04Cr	7.65Cr	4.32Cr	8.83Cr
Supplemental Items
Cash Interest Paid	15.08L	15.8L	13.25L	14.14L	39.92L
Cash Income Tax Paid (Refund)	-12T	-53T	3L	1L	3.46Cr
Levered Free Cash Flow	-	3.11Cr	-5.17Cr	11Cr	-3.02Cr
Unlevered Free Cash Flow	-	3.21Cr	-5.09Cr	12Cr	-2.77Cr
Change In Net Working Capital	-	2L	13Cr	5L	-9.25Cr
Net Debt Issued / Repaid	-2.9Cr	-2.66Cr	-6.46Cr	-3.41Cr	-4.3Cr

Fiscal Period: December	2021 (TWD)	2022 (TWD)	2023 (TWD)	2024 (TWD)	2025 (TWD)
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	2.26T	55.74	-79.93
EBIT, 1 Yr. Growth %	-	-107.52	2.75T	56.37	-80.09
Earnings From Cont. Operations, 1 Yr. Growth %	-	-117.5	1.64T	64.62	-80.85
Net Income, 1 Yr. Growth %	-	-117.5	1.64T	64.62	-80.85
Normalized Net Income, 1 Yr. Growth %	-	-111.17	1.86T	56.29	-74.47
Diluted EPS Before Extra, 1 Yr. Growth %	-	-117.45	1.24T	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	1.42T
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	-50
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	0
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
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	0