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<0>Reliable cash flow. You need to purchase a great business yielding revenue.</0><0>Growing net profit will ensure stable payments.</0><0>Regular payments over the past 20-25 years.</0><0>High dividend yield is not always good. High dividend stocks are not the only option for the dividend investor.</0>

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Tien Liang BioTech Co., Ltd. manufactures and sells pharmaceutical products in Taiwan. The company offers Chinese and Western medicine, other healthcare, and cosmetic products through online and offline channels. Tien Liang BioTech Co., Ltd. was founded in 1971 and is based in New Taipei City, Taiwan.

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	571.3	528.5	460	385.2	511.8	593.5
COGS	233	192	173.8	155.3	223.9	256.1
Gross Profit	338.3	336.5	286.1	229.9	287.9	337.3
Operating Expenses & Income
Operating Income	50.63	61.1	20.44	0.593	(16.14)	(6.699)
Total Operating Expenses	295.3	278.3	265.7	229.3	527.9	600.2
R&D Expenses	1.196	1.398	1.278	2.479	4.58	4.376
Selling General & Admin Expenses	45.76	46.07	45.61	49.58	299.5	339.6
Earnings from Continuing Operations
Interest Expense	(1.852)	(1.772)	(2.081)	(3.083)	(11.13)	(11.83)
Interest Income	0.03	0.142	0.599	4.784	25.58	28.46
Income Tax Expense	2.177	(0.152)	0.684	1.401	-	-
Net Income
Net Income	46.6	59.48	17.73	11.7	(10.25)	6.345
Supplemental
EBIT	50.63	61.1	20.5	16.18	-	-
EBITDA	63.06	72.15	31.05	25.49	-	-