3508 On Other Exchanges
Symbol
Exchange
Taiwan

Financial Statements for ways technical corp ltd (3508)

Year over year, Ways Technical Corp., Ltd. has seen revenues fall from 1.3B TWD to 1.1B TWD. In addition, the company has been unable to reduce the percentage of sales devoted to cost of goods sold, SGA expenses and income tax expenses. This has led to a reduction in the bottom line from a gain of 50.1M TWD to a loss of 90.7M TWD.
Currency in
Millions of Taiwan Dollars
As of:Dec 31
2015
Restated
TWD
Dec 31
2016
TWD
Dec 31
2017
TWD
Dec 31
2018
TWD
4 Year
Trend
Revenues2,598.31,007.81,298.81,148.1
TOTAL REVENUES2,598.31,007.81,298.81,148.1
Cost of Goods Sold2,605.01,185.9956.5975.2
GROSS PROFIT-6.7-178.1342.4172.9
Selling General & Admin Expenses, Total239.9208.4191.1237.2
R&D Expenses95.5101.4115.5190.4
OTHER OPERATING EXPENSES, TOTAL335.4309.8306.6427.7
OPERATING INCOME-342.1-488.035.7-254.8
Interest Expense-3.1-2.2-2.0-3.1
Interest and Investment Income8.56.59.619.8
NET INTEREST EXPENSE5.44.37.616.7
Income (Loss) on Equity Investments-104.8-91.1-43.1-5.8
Currency Exchange Gains (Loss)20.4-16.1-12.23.2
Other Non-Operating Income (Expenses)10.4117.229.724.4
EBT, EXCLUDING UNUSUAL ITEMS-410.7-473.717.7-216.2
Gain (Loss) on Sale of Investments--1.2--43.2
Gain (Loss) on Sale of Assets18.5-13.02.364.4
Other Unusual Items, Total1.6-103.922.4--
Other Unusual Items----23.1--
EBT, INCLUDING UNUSUAL ITEMS-390.5-589.442.3-108.6
Income Tax Expense37.34.80.87.4
Minority Interest in Earnings18.2--8.525.3
Earnings from Continuing Operations-427.9-594.241.5-116.0
EARNINGS FROM DISCOUNTINUED OPERATIONS-46.5-7.3----
NET INCOME-456.2-601.550.1-90.7
NET INCOME TO COMMON INCLUDING EXTRA ITEMS-456.2-601.550.1-90.7
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS-409.7-594.250.1-90.7
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