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AUO (2409) Annual Reports

Q: Where can I download AUO (2409) annual reports?

Every financial year on this page links straight to the PDF filed with the Market Observation Post System (MOPS), Taiwan's statutory disclosure platform. 2 years are available in English.

Q: What is an investor conference?

The Taiwanese equivalent of an earnings call. Listed companies present quarterly results and file the presentation deck with MOPS, usually in both languages.

Listed on the Taiwan Stock Exchange (TWSE), classified under Electronic Components. This page collects the company's annual reports, with files served directly by the Market Observation Post System (MOPS).

english annual reports

english presentations

2025

latest year

Company profile

Sector： All Electronic Components stocks →
Listing date： 2000-09-08
Incorporated： 1996-08-12
Paid-in capital： NT$75.5bn

Website：Official site ↗

Financial history

Revenue & profit

Quarterly · In bn (TWD)

Revenue 70.9 bn Net income 2.12 bn

Taiwan filings are cumulative; figures here are restated to single quarters.

Show table：Income statement

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Revenue	94.2	112	107	103	93.8	102	107	105	95.3	92.3	89.3	83.4	71.1	80.1	86.0	91.8	88.6	84.4	87.4	80.7	74.4	75.0	81.0	77.1	66.7	70.1	70.0	62.0	53.7	63.5	73.2	80.5	82.9	95.7	99.0	93.0	81.5	62.9	49.7	52.6	51.2	63.3	70.1	63.4	59.5	74.3	77.8	68.7	72.1	69.2	69.9	70.1	69.0	70.9
Gross profit	4.55	11.5	10.3	7.66	6.89	10.6	15.4	15.6	14.3	11.8	9.15	4.49	0.39	5.56	11.3	17.2	17.4	17.1	15.3	11.2	8.14	7.27	8.64	4.08	0.24	1.98	-0.27	-1.50	-0.35	1.72	7.76	13.7	18.3	27.5	27.4	17.6	11.7	1.72	-7.26	-4.59	-4.86	1.99	5.34	2.13	1.96	8.35	8.45	5.45	8.78	9.36	6.69	7.52	8.18	9.25
Operating income	-1.36	5.21	3.37	1.08	0.66	3.91	8.78	8.82	8.95	6.35	3.39	-1.17	-5.10	0.12	5.76	11.6	12.0	11.7	9.74	5.70	2.95	2.10	3.07	-1.45	-5.10	-3.42	-5.44	-6.51	-5.45	-3.40	2.65	8.28	12.0	20.3	20.4	10.3	5.30	-4.65	-13.7	-10.9	-11.1	-4.42	-1.33	-5.07	-4.94	0.11	-0.31	-3.32	1.14	1.50	-1.81	-1.89	-0.64	0.22
Pre-tax income	-3.21	4.15	2.75	1.55	0.3	4.18	7.57	7.93	5.77	5.95	3.91	-8.03	-5.29	-0.24	5.42	11.3	11.9	11.6	10.5	5.26	4.14	2.24	5.18	-0.35	-4.90	-2.28	-4.72	-7.94	-5.65	-3.00	3.08	8.36	12.6	20.8	20.9	12.1	6.01	-3.64	-11.4	-10.5	-11.3	-4.26	-0.76	-5.36	-3.31	0.29	-0.59	3.02	4.49	2.13	-1.07	2.89	-0.5	2.75
Net income	-3.32	3.98	2.51	1.08	0.17	4.02	7.30	6.57	5.27	4.43	3.38	-8.24	-5.58	-0.8	4.62	8.38	9.43	8.95	8.22	3.65	4.03	0.04	4.32	-0.43	-4.89	-2.83	-4.74	-9.14	-5.78	-3.20	3.01	8.88	11.8	19.9	20.0	11.8	5.17	-5.70	-10.5	-9.96	-11.1	-4.73	-0.92	-1.41	-3.57	-0.23	-0.92	1.79	3.26	1.90	-1.10	2.92	-1.04	2.12

Balance sheet

Quarterly · In bn (TWD)

Total assets 378 bn Total liabilities 211 bn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Current assets	166	175	170	170	162	168	172	186	180	191	181	162	143	145	152	163	166	181	189	180	171	161	148	149	145	155	145	143	140	143	156	168	191	210	204	192	198	173	139	140	134	151	146	144	147	145	137	138	140	129	134	138	140	144
Total assets	524	522	504	492	475	469	460	470	455	456	450	426	407	417	420	430	425	441	449	441	436	428	412	410	415	422	407	398	388	385	394	407	430	444	435	425	432	408	387	387	384	397	389	383	383	399	391	393	394	380	381	382	376	378
Current liabilities	183	175	176	181	155	156	156	172	161	166	156	141	130	122	119	117	109	118	121	107	105	140	125	129	111	99.3	93.0	90.5	83.3	88.3	91.9	98.3	109	112	123	124	127	110	103	97.2	93.6	105	99.6	94.6	94.2	105	104	109	111	109	118	124	125	123
Total liabilities	364	347	328	314	296	288	272	269	250	252	236	221	210	226	227	230	220	230	229	216	205	212	195	193	202	217	209	210	209	209	214	213	227	222	193	187	196	179	185	195	209	229	220	218	226	242	234	233	235	223	224	218	215	211
Equity	160	175	176	178	179	180	189	200	205	203	214	205	197	191	192	200	206	211	220	225	230	215	217	217	213	205	199	188	180	176	180	194	203	222	242	238	236	229	203	191	175	169	169	165	157	157	157	160	159	157	157	164	162	167

Cash flow

Quarterly · In bn (TWD)

Operating 3.99 bn Investing 0.74 bn Financing -4.70 bn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating	1.86	15.6	12.8	19.4	10.4	15.4	19.7	17.9	12.5	16.2	8.03	25.3	7.23	7.59	3.96	17.9	17.3	24.6	19.8	22.7	8.46	9.56	9.43	12.7	-0.31	7.22	3.94	9.87	-3.73	0.55	10.2	18.8	21.0	21.3	31.1	31.4	13.7	9.30	-4.99	8.95	-10.1	7.94	5.67	6.48	1.55	3.38	9.43	8.78	1.73	3.38	3.08	2.93	2.88	3.99
Investing	-7.24	-4.61	-7.11	-4.27	-5.01	-3.79	-2.77	-1.54	-5.06	-4.03	-9.61	-13.0	-10.6	-15.8	-7.64	-8.18	-9.54	-8.75	-7.58	-17.8	-10.3	-11.0	-8.21	-4.98	-8.22	-8.13	-6.74	-5.01	-7.63	-3.31	-2.88	-3.89	-4.93	-13.1	-5.51	-6.76	-8.53	-9.22	-6.59	-7.57	-9.39	-5.43	-5.09	-4.14	-5.13	-18.2	-3.78	-6.02	-5.12	-2.44	-1.17	3.31	-2.80	0.74
Financing	-6.61	2.03	-13.3	-8.89	-8.39	-8.19	-18.4	-10.0	-11.1	-0.72	-12.3	-10.1	-1.39	7.83	5.67	-1.38	-0.07	1.08	-7.42	-6.99	-5.97	-14.2	-19.5	-2.20	7.62	12.5	-4.92	5.50	7.77	-1.09	-1.03	-2.95	-2.38	-11.4	-37.3	-32.4	3.49	-6.15	4.82	0.19	16.3	11.2	-14.1	5.03	5.89	-1.22	-14.7	2.63	1.47	-9.70	-1.72	-9.23	-4.06	-4.70
Cash at period end	65.0	77.7	70.0	76.3	73.1	76.5	75.4	82.0	78.3	89.8	76.9	78.9	73.7	73.0	74.0	80.2	85.5	103	108	105	97.1	82.3	63.1	69.2	68.6	80.1	71.2	80.5	76.8	72.2	78.3	90.3	104	99.5	87.9	79.9	90.1	84.9	80.6	80.6	77.1	90.5	78.5	84.0	87.7	72.0	63.3	68.5	67.4	54.4	55.8	55.6	53.1	53.8

Profitability

Quarterly · %

Gross margin 13.1% Operating margin 0.3% Net margin 3.0%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Gross margin	4.8%	10.3%	9.6%	7.5%	7.3%	10.4%	14.4%	14.8%	15.1%	12.8%	10.2%	5.4%	0.6%	7.0%	13.2%	18.8%	19.7%	20.3%	17.5%	13.8%	10.9%	9.7%	10.7%	5.3%	0.4%	2.8%	-0.4%	-2.4%	-0.7%	2.7%	10.6%	16.9%	22.0%	28.7%	27.7%	18.9%	14.3%	2.7%	-14.6%	-8.7%	-9.5%	3.1%	7.6%	3.4%	3.3%	11.2%	10.9%	7.9%	12.2%	13.5%	9.6%	10.7%	11.8%	13.1%
Operating margin	-1.4%	4.6%	3.1%	1.1%	0.7%	3.8%	8.2%	8.4%	9.4%	6.9%	3.8%	-1.4%	-7.2%	0.1%	6.7%	12.6%	13.6%	13.8%	11.2%	7.1%	4.0%	2.8%	3.8%	-1.9%	-7.7%	-4.9%	-7.8%	-10.5%	-10.1%	-5.4%	3.6%	10.3%	14.5%	21.2%	20.6%	11.1%	6.5%	-7.4%	-27.6%	-20.7%	-21.8%	-7.0%	-1.9%	-8.0%	-8.3%	0.1%	-0.4%	-4.8%	1.6%	2.2%	-2.6%	-2.7%	-0.9%	0.3%
Net margin	-3.5%	3.5%	2.3%	1.1%	0.2%	3.9%	6.8%	6.2%	5.5%	4.8%	3.8%	-9.9%	-7.8%	-1.0%	5.4%	9.1%	10.7%	10.6%	9.4%	4.5%	5.4%	0.1%	5.3%	-0.6%	-7.3%	-4.0%	-6.8%	-14.8%	-10.8%	-5.0%	4.1%	11.0%	14.3%	20.8%	20.1%	12.7%	6.3%	-9.1%	-21.1%	-18.9%	-21.7%	-7.5%	-1.3%	-2.2%	-6.0%	-0.3%	-1.2%	2.6%	4.5%	2.8%	-1.6%	4.2%	-1.5%	3.0%

Returns & leverage

Quarterly · %

ROE 1.8% ROA 0.8% Debt ratio 55.8%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
ROE	—	—	—	2.4%	4.6%	4.4%	6.9%	9.5%	12.1%	12.3%	9.8%	2.4%	-3.0%	-5.7%	-4.9%	3.3%	10.7%	15.6%	16.9%	14.2%	11.4%	7.5%	5.5%	3.6%	-0.4%	-1.8%	-6.2%	-10.7%	-11.4%	-12.0%	-8.0%	1.5%	10.7%	21.9%	28.7%	29.4%	25.9%	13.8%	0.3%	-9.8%	-18.1%	-18.2%	-14.4%	-10.2%	-6.4%	-3.8%	-3.8%	-1.8%	2.5%	3.8%	3.7%	4.3%	1.7%	1.8%
ROA	—	—	—	0.9%	1.6%	1.6%	2.6%	3.8%	5.0%	5.1%	4.3%	1.1%	-1.4%	-2.6%	-2.3%	1.5%	5.2%	7.3%	8.1%	7.0%	5.8%	3.7%	2.8%	1.9%	-0.2%	-0.9%	-3.1%	-5.3%	-5.6%	-5.7%	-3.8%	0.7%	5.0%	10.5%	14.6%	15.3%	13.2%	7.3%	0.2%	-5.2%	-9.1%	-9.0%	-6.9%	-4.7%	-2.8%	-1.5%	-1.6%	-0.8%	1.0%	1.6%	1.5%	1.8%	0.7%	0.8%
Debt ratio	69.5%	66.5%	65.0%	63.8%	62.3%	61.5%	59.0%	57.4%	55.0%	55.4%	52.4%	51.9%	51.6%	54.2%	54.2%	53.5%	51.6%	52.1%	51.0%	49.0%	47.1%	49.6%	47.3%	47.0%	48.7%	51.4%	51.3%	52.7%	53.8%	54.3%	54.3%	52.4%	52.8%	50.0%	44.3%	44.0%	45.4%	43.9%	47.7%	50.5%	54.4%	57.5%	56.5%	56.9%	59.1%	60.7%	59.9%	59.3%	59.6%	58.7%	58.8%	57.1%	57.0%	55.8%

EPS

Quarterly · NT$

EPS NT$0.18

Show table：EPS

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
EPS（NT$）	-0.36	0.44	0.27	0.10	0.03	0.42	0.76	0.62	0.54	0.46	0.36	-0.85	-0.57	-0.06	0.51	0.93	0.98	1.03	0.92	0.43	0.45	0.13	0.45	0.03	-0.38	-0.28	-0.42	-0.92	-0.53	-0.31	0.31	0.89	1.25	2.05	2.03	1.11	0.54	-0.59	-1.13	-1.21	-1.42	-0.63	-0.13	-0.19	-0.46	-0.03	-0.12	0.21	0.43	0.26	-0.17	0.38	-0.15	0.18

Revenue & profit

Year-to-date · In bn (TWD)

Revenue 140 bn Net income 1.08 bn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In bn (TWD)

Total assets 378 bn Total liabilities 211 bn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In bn (TWD)

Operating 6.88 bn Investing -2.06 bn Financing -8.76 bn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 12.5% Operating margin -0.3% Net margin 0.8%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE 1.8% ROA 0.8% Debt ratio 55.8%

EPS

Year-to-date · NT$

EPS NT$0.03

Revenue & profit

Annual · In bn (TWD)

Revenue 281 bn Net income 6.99 bn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	416	408	360	329	341	308	269	271	371	247	248	280	281
Gross profit	34.0	48.5	39.8	34.5	61.0	28.1	0.46	22.8	90.8	1.57	4.61	24.2	32.4
Operating income	8.29	22.2	17.5	12.3	39.1	6.67	-20.5	2.08	63.1	-24.0	-22.0	-8.47	-1.06
Pre-tax income	5.24	20.0	7.60	11.2	39.4	11.2	-19.8	2.79	66.4	-19.5	-21.7	-0.6	8.44
Net income	4.25	18.1	4.84	6.61	30.3	7.96	-21.6	2.91	63.5	-21.0	-18.1	-2.94	6.99

Balance sheet

Annual · In bn (TWD)

Total assets 382 bn Total liabilities 218 bn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	170	186	162	163	180	149	143	168	192	140	144	138	138
Total assets	492	470	426	430	441	410	398	407	425	387	383	393	382
Current liabilities	181	172	141	117	107	129	90.5	98.3	124	97.2	94.6	109	124
Total liabilities	314	269	221	230	216	193	210	213	187	195	218	233	218
Equity	178	200	205	200	225	217	188	194	238	191	165	160	164

Cash flow

Annual · In bn (TWD)

Operating 11.1 bn Investing -5.42 bn Financing -19.2 bn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating	49.6	63.4	62.0	36.7	84.4	40.2	20.7	25.8	105	27.0	9.99	23.1	11.1
Investing	-23.2	-13.1	-31.7	-42.3	-43.7	-34.5	-28.1	-17.7	-30.4	-31.9	-24.1	-33.1	-5.42
Financing	-26.8	-45.0	-34.3	10.7	-13.4	-41.9	20.7	2.70	-83.5	2.35	18.4	-7.39	-19.2
Cash at period end	76.3	82.0	78.9	80.2	105	69.2	80.5	90.3	79.9	80.6	84.0	68.5	55.6

Profitability

Annual · %

Gross margin 11.5% Operating margin -0.4% Net margin 2.5%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Gross margin	8.2%	11.9%	11.1%	10.5%	17.9%	9.2%	0.2%	8.4%	24.5%	0.6%	1.9%	8.6%	11.5%
Operating margin	2.0%	5.4%	4.9%	3.8%	11.5%	2.2%	-7.6%	0.8%	17.0%	-9.7%	-8.9%	-3.0%	-0.4%
Net margin	1.0%	4.4%	1.3%	2.0%	8.9%	2.6%	-8.0%	1.1%	17.1%	-8.5%	-7.3%	-1.1%	2.5%

Returns & leverage

Annual · %

ROE 4.3% ROA 1.8% Debt ratio 57.1%

Show table：Returns & leverage

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	2.4%	9.5%	2.4%	3.3%	14.2%	3.6%	-10.7%	1.5%	29.4%	-9.8%	-10.2%	-1.8%	4.3%
ROA	0.9%	3.8%	1.1%	1.5%	7.0%	1.9%	-5.3%	0.7%	15.3%	-5.2%	-4.7%	-0.8%	1.8%
Debt ratio	63.8%	57.4%	51.9%	53.5%	49.0%	47.0%	52.7%	52.4%	44.0%	50.5%	56.9%	59.3%	57.1%

EPS

Annual · NT$

EPS NT$0.90

Show table：EPS

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（NT$）	0.45	1.83	0.51	0.81	3.36	1.06	-2.00	0.36	6.44	-2.39	-2.37	-0.40	0.90

Source: Taiwan MOPS financial statements

AUO annual reports

	English	Chinese
2025 (ROC 114)	PDF	PDF
2024 (ROC 113)	PDF	PDF

About AUO filings

Where can I download AUO (2409) annual reports?

Every financial year in the table above links straight to the PDF filed with the Market Observation Post System (MOPS), Taiwan's statutory disclosure platform. 2 years are available in English, within a range covering 2024 to 2025.

Why are some years Chinese only?

Filing an English annual report is only mandatory for larger Taiwanese issuers; smaller companies and those on the Emerging Stock Board file in Chinese. Where no English edition exists this site links the Chinese PDF rather than leaving the year blank, so you can still reach the document.

What is an investor conference (法人說明會)?

It is the Taiwanese equivalent of an earnings call or analyst briefing. Listed companies present quarterly results and outlook, and file the presentation deck with MOPS — usually in both Chinese and English. Many also publish a webcast recording.

How does Taiwan's reporting calendar work?

Taiwanese issuers file quarterly financial reports plus an annual report, and publish monthly revenue figures — a disclosure cadence that is more frequent than Hong Kong or Singapore. Financial years are numbered using the ROC calendar (ROC 114 = 2025); this site shows both.

Source: Market Observation Post System (MOPS), Taiwan. All PDF links point to the original files; nothing is re-hosted here.
Browse all Taiwan listed companies, or read this page in Chinese — the Chinese edition also carries the letter to shareholders and the revenue breakdown.