WPG (TWSE:3702) Reports 2025 First Quarter Revenue, Operating Income, Net Income and EPS Exceeding Forecast. EPS was NT$1.13
2025/05/13
WPG, the distributor of semiconductor components, announces 2025 First Quarter revenue, operating income, net income and EPS exceeding forecast. Revenue achieved NT$248.834 billion, +7.4% QoQ. Operating income achieved NT$4.284 billion, +10.7% QoQ. Net Income achieved NT$1.898 billion, +17% QoQ. EPS was NT$1.13.
2025 First Quarter key financial indicators Return on Equity (ROE) was 8.8%, Return on Working Capital (ROWC) was 8.9%.
The above revenue growth benefited from the rapid development of generative AI, along with factors such as the increased demand for related traditional and AI servers, power supplies, PCs, NBs and other electronic components, resulting in strong shipments.
For 2025 Second quarter, based on an exchange rate assumption of NT$31 to the U.S. dollar, WPG forecasts consolidated revenue of NT$210 billion to NT$220 billion, gross margin of 3.6% to 3.8%, operating margin of 1.8% to 1.9%, net income of NT$1.541 billion to NT$1.783 billion, EPS of NT$0.92 to NT$1.06.
Following awarded the "Industry Top-Rated" and "Regional Top-Rated" by Morningstar Sustainalytics in 2025 and received A rating from the MSCI ESG Ratings, which is widely used by domestic and foreign institutional investors and funds for three consecutive years, the company was further honored in April by ranking in the top 5% of the 11th corporate governance evaluation, demonstrating strong recognition for WPG's commitment to ESG sustainable management.
Table: WPG Holdings Ltd. Consolidated Financial Statements for the year ended March 31, 2025 (In brief)
Units：NT$million
Income Statement (year ended March 31, 2025) | Balance Sheet (March 31, 2025) | |||
Item | Amount | Item | Amount | |
Operating revenues | 248,834 | Current Assets | 376,645 | |
Cost of Goods Sold | (239,581) | Accounts receivables | 176,508 | |
Gross Profit | 9,253 | Inventories | 157,966 | |
Operating Expenses | (4,969) | Other assets | 47,204 | |
Operating income | 4,284 | Total Assets | 423,850 | |
Non-op Expenses | (1,688) | Current Liabilities | 294,871 | |
Profit Before Tax | 2,596 | Current Borrowing | 132,005 | |
Tax | (618) | Accounts payables | 141,839 | |
Minority & Others | (80) | LT Liabilities | 37,438 | |
Profit After tax | 1,898 | Total Liabilities | 336,151 | |
EPS - Common Stock (Note1) | 1.13 | Common Stock | 16,791 | |
Note1：Based on weighted average outstanding shares. | Total Equity | 87,699 | ||
Cash Flow Statement (year ended March 31, 2025) | |
Item | Amount |
Income before Income Tax | 2,596 |
Change in NWC | (8,292) |
Operating cash inflow /(outflow) | (4,794) |
Investment cash inflow /(outflow) | 1,011 |
Change in Financial Debt | 6,994 |
Financing cash inflow /(outflow) | 7,133 |
Cumulative translation adjustments | 1,124 |
Net Cash | 4,474 |
Beginning cash balance | 22,688 |
Ending cash balance | 27,162 |
IR contacts：Cliff Yuan/ Zoe Peng
Tel：886-2-2191-0068 ext.85268/ext.85262
Email address: ir@WPGholdings.com
Corporate website: www.WPGholdings.com