Andes Technology Corporation (LUX: ANDS)

Andes Technology Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,212	1,890	4,098	4,005	526.68	471.87
Short-Term Investments	-	1,078	-	180	180	325.5
Cash & Short-Term Investments	2,212	2,968	4,098	4,185	706.68	797.37
Cash Growth	-35.54%	-27.57%	-2.08%	492.17%	-11.37%	-15.92%
Accounts Receivable	517.69	427.18	238.98	262.51	245.79	202.46
Other Receivables	28.15	47.12	16.73	0.8	0.14	0.23
Receivables	545.84	474.29	255.71	263.31	245.93	202.69
Inventory	1.44	2.15	2.2	1.14	2	1.61
Prepaid Expenses	67.54	156.99	66.57	45.81	22.49	26.33
Total Current Assets	2,827	3,602	4,422	4,495	977.1	1,028
Property, Plant & Equipment	234.5	204.81	160.29	119.82	129.36	150.74
Other Intangible Assets	1,750	1,136	613.61	380.11	290.44	205.04
Long-Term Deferred Tax Assets	36.38	30.7	22.55	0.71	0.41	0.53
Other Long-Term Assets	278.18	363.31	205.53	33.56	5.59	5.6
Total Assets	5,126	5,336	5,424	5,029	1,403	1,390
Accounts Payable	0.14	-	-	2.93	0.26	0.03
Current Portion of Leases	32.36	28.67	16.9	13.96	17.08	17.47
Current Unearned Revenue	105.92	83.46	93.34	72.02	28.84	37.78
Other Current Liabilities	198.32	286.4	210.76	86.22	69	50.67
Total Current Liabilities	336.75	398.54	321.01	175.14	115.18	105.94
Long-Term Leases	66.18	81.95	70.74	82.76	92.33	109.7
Long-Term Deferred Tax Liabilities	38.23	44.57	43.14	-	-	-
Total Liabilities	441.22	525.05	434.89	257.89	207.51	215.64
Common Stock	506.51	506.51	506.51	506.51	426.51	426.51
Additional Paid-In Capital	4,094	4,096	4,096	4,096	728.97	728.97
Retained Earnings	75.08	205.54	383.23	171.59	41.55	20.92
Comprehensive Income & Other	9.18	2.83	3.38	-2.85	-1.65	-2.12
Shareholders' Equity	4,685	4,811	4,989	4,771	1,195	1,174
Total Liabilities & Equity	5,126	5,336	5,424	5,029	1,403	1,390
Total Debt	98.54	110.62	87.64	96.72	109.41	127.16
Net Cash (Debt)	2,113	2,857	4,010	4,088	597.27	670.21
Net Cash Growth	-36.29%	-28.74%	-1.91%	584.45%	-10.88%	-29.33%
Net Cash Per Share	41.72	56.41	78.86	90.67	14.00	15.71
Filing Date Shares Outstanding	50.65	50.65	50.65	50.65	42.65	42.65
Total Common Shares Outstanding	50.65	50.65	50.65	50.65	42.65	42.65
Working Capital	2,490	3,203	4,101	4,320	861.92	922.07
Book Value Per Share	92.50	94.98	98.50	94.20	28.03	27.53
Tangible Book Value	2,935	3,675	4,376	4,391	904.95	969.23
Tangible Book Value Per Share	57.94	72.56	86.39	86.70	21.22	22.72
Machinery	188.42	116.74	81.95	24.77	19.89	17.67
Leasehold Improvements	25.4	25.88	18.61	16.9	15.38	15.38

Source: S&P Capital IQ. Standard template. Financial Sources.