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LUNG HWA (2424) Annual Reports

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

2
english annual reports
1
english presentations
2025
latest year

Company profile

Website:Official site ↗

Financial history

Revenue & profit
Quarterly · In mn (TWD)
Revenue 49.8 mn Net income -23.6 mn
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

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

Show table:Income statement
Item2013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Revenue19.1 105 27.9 303 11.1 34.0 4.23 2.08 1.51 0.42 0.55 1.99 1.54 0.7 0.05 0.53 1.28 3.55 17.8 1.75 1.28 0.82 0.24 0.34 0.41 11.6 3.97 6.93 5.51 4.20 2.62 5.65 5.31 3.44 5.96 -1.59 14.5 22.2 15.8 26.9 25.9 20.9 17.2 42.8 21.1 23.5 26.3 69.1 64.7 37.5 30.5 55.0 36.8 49.8
Gross profit4.86 37.4 5.38 184 5.31 11.4 4.09 -0.19 0.45 0.12 0.19 -4.44 0.27 -2.05 -0.15 -0.72 0.53 0.79 5.93 0.91 0.96 0.43 0.06 -0.13 0.32 1.87 -0.6 -20.2 -26.3 -28.7 -27.0 -30.5 -32.2 -28.4 -28.1 -37.1 -18.3 -25.5 -21.6 -9.12 -13.5 -14.3 -21.8 -12.0 -21.2 -24.6 -17.6 29.5 24.5 -4.21 -1.88 15.3 -0.71 15.1
Operating income-2.62 30.2 -2.39 177 -1.80 4.42 -2.20 -7.12 -5.92 -6.75 -5.96 -10.5 -5.47 -8.15 -6.13 -6.97 -5.76 -5.37 1.08 -4.42 -5.59 -5.75 -17.9 -19.5 -18.5 -24.1 -33.4 -33.6 -37.9 -40.7 -52.5 -50.3 -57.1 -56.6 -40.7 -68.6 -39.4 -44.2 -45.2 -36.7 -36.1 -48.3 -57.1 -47.3 -70.3 -67.1 -50.6 -3.85 -9.22 -39.3 -39.8 -22.5 -42.1 -23.9
Pre-tax income-1.19 29.6 -0.09 184 4.21 1.20 3.92 2.85 -9.82 -12.0 14.7 -18.8 -13.6 -8.07 -17.5 -6.75 -27.6 -5.11 -1.26 -15.7 -12.6 4.31 -19.6 -13.4 -19.6 -25.1 -34.1 -30.2 -39.8 -42.2 -43.5 -46.3 -58.2 -57.2 -47.2 -61.1 -45.1 -41.0 -47.8 -37.0 -36.3 -55.4 -62.9 -44.4 -67.0 -62.6 -51.3 -4.26 -7.72 -28.7 -37.6 -1.09 -38.8 -23.6
Net income-1.19 29.6 -0.09 184 -13.6 1.13 3.57 2.59 -9.82 -12.0 14.7 -19.7 -12.6 -8.07 -17.5 -7.29 -27.1 -5.59 -0.76 -15.7 -12.6 3.20 -18.5 -13.4 -19.6 -25.1 -34.1 -30.2 -39.8 -42.2 -43.5 -16.0 -58.2 -57.4 -47.1 -61.1 -45.1 -41.0 -47.8 -37.0 -36.3 -55.4 -62.9 -44.4 -67.0 -62.6 -51.3 -4.26 -7.72 -28.7 -37.6 -1.09 -38.8 -23.6
Balance sheet
Quarterly · In mn (TWD)
Total assets 380 mn Total liabilities 109 mn
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

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

Show table:Balance sheet
Item2013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Current assets117 163 262 429 430 429 429 438 428 399 418 405 391 385 370 375 349 346 345 337 326 215 170 149 87.4 73.3 36.3 67.2 85.3 75.2 58.3 143 93.6 73.3 122 111 74.5 136 175 229 206 237 256 295 316 254 260 259 248 211 198 235 185 124
Total assets368 390 383 558 553 548 549 557 544 512 532 511 494 484 464 457 425 424 422 407 395 399 384 370 490 501 488 608 606 582 538 583 531 473 501 464 429 470 500 553 524 584 639 665 699 616 602 596 563 503 462 494 425 380
Current liabilities41.1 36.0 32.2 23.2 31.5 27.9 22.8 23.8 22.1 3.48 4.47 4.88 3.32 3.21 3.44 4.34 4.17 7.03 5.07 4.42 4.11 4.33 11.2 10.5 35.0 62.8 78.6 160 182 197 174 244 270 179 180 169 176 189 177 182 189 207 214 230 248 210 227 214 171 146 113 118 96.8 90.1
Total liabilities52.0 43.3 35.5 25.4 33.6 29.5 24.9 26.6 24.7 5.74 7.46 5.82 3.33 3.21 3.51 4.95 4.18 7.52 5.22 5.48 5.18 6.50 12.2 11.5 149 186 209 360 398 417 416 454 410 284 281 248 257 269 267 258 266 317 368 374 399 321 299 286 241 184 145 160 130 109
Equity316 346 347 533 519 518 524 530 519 506 524 505 491 480 460 452 421 417 417 402 390 393 372 359 341 315 279 248 208 165 122 129 121 189 220 216 172 201 233 294 258 267 271 292 300 295 303 310 322 319 317 334 295 271
Cash flow
Quarterly · In mn (TWD)
Operating -4.20 mn Investing -14.7 mn Financing -17.0 mn
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

Positive = cash in, negative = cash out.

Show table:Cash flow statement
Item2013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating-3.46 88.9 -10.7 287 -7.65 16.8 -1.32 8.60 -8.69 -29.3 16.3 -3.41 -12.8 -3.41 -14.4 4.52 -29.3 -4.21 6.83 -9.20 -10.1 7.85 -19.6 -22.1 -21.5 7.75 -7.55 -16.5 -14.4 -0.67 -23.2 -27.4 -27.9 -37.3 -23.5 -18.9 -27.2 -17.0 -19.3 -25.6 -30.8 -37.5 -19.1 -34.3 -32.6 -28.3 -32.5 -5.37 20.1 4.25 -17.9 9.94 -19.6 -4.20
Investing-66.6 -31.1 -4.05 -8.05 -6.86 -167 -164 227 -104 -98.9 204 28.4 -212 211 -62.8 74.3 64.8 -3.84 -182 3.22 179 -118 -34.4 -2.54 -37.4 -8.65 -22.0 -47.0 -33.4 -16.1 1.51 25.7 49.2 -6.34 -1.01 0.79 -5.54 -2.68 -15.2 -3.48 -0.51 -7.22 0.61 -11.8 8.22 -17.0 -12.3 -3.03 3.64 16.5 7.55 -3.96 14.5 -14.7
Financing-0.09 0.01 0 -1.59 0 -0.15 0 0.01 -0.01 0 0 0 0 0 0.06 0 -0.06 -0.01 0.14 0.92 0 0 0 0 -9.06 -9.37 -11.6 73.2 59.5 2.89 13.7 20.1 -12.0 14.6 79.2 14.4 -8.71 68.6 77.0 78.6 -13.4 67.9 50.9 49.4 67.3 -4.64 35.0 -15.6 -22.3 -26.8 -7.84 15.9 -39.6 -17.0
Cash at period end89.3 149 133 413 399 248 82.9 319 206 77.4 298 323 98.0 305 228 307 342 334 159 154 323 212 158 133 65.2 54.9 13.8 23.5 35.1 21.3 12.4 31.8 41.0 12.0 66.7 63.0 21.5 69.9 112 162 118 143 174 177 220 170 161 137 141 133 115 137 92.5 56.6
Profitability
Quarterly · %
Gross margin 30.3% Operating margin -48.1% Net margin -47.5%
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, operating and net margin = the respective profit ÷ revenue.

Show table:Profitability
Item2013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Gross margin25.5%35.5%19.3%60.8%47.7%33.5%96.7%-9.2%29.8%29.3%33.8%-222.8%17.6%-293.4%-288.7%-137.3%41.0%22.1%33.3%52.0%74.8%51.8%24.9%-38.0%77.9%16.2%-15.1%-291.1%-476.4%-684.4%-1028.3%-540.7%-606.3%-825.9%-470.8%-125.8%-115.0%-136.6%-33.9%-52.2%-68.6%-127.2%-28.1%-100.4%-104.7%-66.9%42.6%37.8%-11.2%-6.2%27.9%-1.9%30.3%
Operating margin-13.7%28.7%-8.6%58.3%-16.1%13.0%-52.0%-342.4%-393.4%-1595.3%-1089.6%-527.5%-354.3%-1164.6%-11567.9%-1327.4%-448.9%-151.0%6.0%-252.7%-435.9%-698.3%-7566.7%-5749.6%-4542.9%-209.1%-841.8%-484.6%-687.8%-970.1%-2001.3%-890.9%-1076.4%-1647.0%-683.4%-271.4%-199.0%-285.8%-136.5%-139.5%-231.9%-332.7%-110.5%-332.9%-285.3%-192.2%-5.6%-14.2%-104.5%-130.8%-40.9%-114.3%-48.1%
Net margin-6.3%28.1%-0.3%60.7%-122.0%3.3%84.4%124.6%-651.9%-2844.9%2688.1%-988.1%-818.4%-1152.7%-33050.9%-1389.5%-2108.6%-157.3%-4.3%-899.7%-979.0%388.2%-7814.4%-3959.9%-4792.9%-217.3%-859.2%-436.2%-722.3%-1005.3%-1657.4%-283.4%-1096.1%-1669.6%-789.8%-310.8%-184.6%-302.3%-137.6%-140.1%-265.7%-366.7%-103.7%-317.6%-266.4%-194.7%-6.2%-11.9%-76.3%-123.4%-2.0%-105.4%-47.5%
Returns & leverage
Quarterly · %
ROE -34.3% ROA -22.9% Debt ratio 28.6%
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 / 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
Item2013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
ROE39.8%47.9%39.6%40.2%-1.2%-0.5%-3.1%-0.9%-5.2%-5.9%-5.2%-11.8%-9.5%-13.1%-12.8%-9.3%-11.5%-8.6%-6.4%-11.1%-10.9%-13.2%-21.6%-28.3%-35.9%-47.1%-61.1%-77.7%-75.1%-97.3%-99.1%-104.3%-129.7%-143.8%-99.8%-86.0%-67.0%-75.3%-75.5%-76.0%-67.9%-82.3%-84.4%-78.4%-61.6%-40.5%-29.9%-25.2%-23.3%-34.4%-34.3%
ROA38.0%43.4%36.6%37.6%-1.1%-0.5%-3.0%-0.8%-5.0%-5.7%-5.2%-11.6%-9.4%-13.0%-12.7%-9.2%-11.4%-8.4%-6.3%-10.8%-10.6%-10.9%-17.0%-21.1%-22.3%-23.6%-27.0%-30.4%-23.8%-28.1%-33.2%-34.4%-42.7%-43.9%-41.2%-38.9%-33.6%-34.0%-33.5%-33.6%-32.7%-37.5%-39.5%-36.3%-29.4%-19.9%-16.4%-14.7%-13.8%-21.5%-22.9%
Debt ratio14.2%11.1%9.3%4.5%6.1%5.4%4.5%4.8%4.5%1.1%1.4%1.1%0.7%0.7%0.8%1.1%1.0%1.8%1.2%1.4%1.3%1.6%3.2%3.1%30.4%37.1%42.9%59.3%65.8%71.7%77.3%77.9%77.2%60.1%56.0%53.5%59.9%57.2%53.4%46.7%50.7%54.3%57.5%56.1%57.1%52.1%49.6%48.0%42.8%36.5%31.5%32.3%30.6%28.6%
EPS
Quarterly · NT$
EPS NT$-0.41
2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:EPS
Item2013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
EPS(NT$)-0.040.99-0.016.14-0.450.030.120.09-0.33-0.400.49-0.65-0.42-0.27-0.58-0.25-0.90-0.19-0.02-0.53-0.420.11-0.62-0.45-0.65-0.84-1.14-1.00-1.33-1.40-4.22-0.78-3.04-2.18-1.55-1.80-1.33-1.20-1.26-0.81-0.75-1.13-1.21-0.86-1.21-1.08-0.83-0.23-0.27-0.43-0.60-0.04-0.58-0.41

Source: Taiwan MOPS financial statements

LUNG HWA annual reports

EnglishChinese
2025 (ROC 114) PDF PDF
2024 (ROC 113) PDF PDF

About LUNG HWA filings

Where can I download LUNG HWA (2424) 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.