Ten Ren Tea Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	161.41	179.2	172.66	200.23	179.66	323.7
Short-Term Investments	13.69	13.82	16.73	8.67	75.98	7.11
Cash & Short-Term Investments	175.1	193.02	189.39	208.89	255.65	330.8
Cash Growth	3.12%	1.92%	-9.34%	-18.29%	-22.72%	51.96%
Accounts Receivable	194.24	212.6	223.82	222.86	248.21	203.16
Other Receivables	0.01	0.01	2.18	0.49	1.49	1.35
Receivables	194.25	212.61	225.99	223.35	249.69	204.5
Inventory	300.11	315.95	308.99	279.52	255.71	259.34
Prepaid Expenses	8.03	5.06	4.27	4.8	3.51	2.97
Other Current Assets	20.81	6.35	3.19	2.56	4.56	2.08
Total Current Assets	698.29	732.99	731.83	719.12	769.11	799.69
Property, Plant & Equipment	1,157	1,215	1,185	1,194	1,155	1,204
Long-Term Investments	220.91	305.36	347.63	358.41	341.16	389.89
Other Intangible Assets	6.92	7.89	6.92	1.83	3.69	5.63
Long-Term Deferred Tax Assets	9.76	8.67	5.14	3.56	4.82	4.24
Other Long-Term Assets	101.02	87.91	97.47	76.92	35.98	30.33
Total Assets	2,193	2,358	2,374	2,354	2,309	2,434
Accounts Payable	132.45	141.8	133.26	121.53	116.94	119.26
Accrued Expenses	143.7	146.92	140.92	127.76	118.13	117.8
Short-Term Debt	170	125.5	125.5	161	190	220
Current Portion of Leases	102.91	107.68	106.41	94.05	92.25	94.33
Current Income Taxes Payable	13.3	11.06	24.5	8.45	12.73	14.45
Current Unearned Revenue	26.5	34.57	34.2	25.76	21.02	18.85
Other Current Liabilities	10.62	27.06	22.13	16.87	22.66	20.64
Total Current Liabilities	599.48	594.58	586.91	555.42	573.72	605.33
Long-Term Debt	-	-	-	-	-	25
Long-Term Leases	179.64	224.37	221.26	225.35	200.9	202.92
Pension & Post-Retirement Benefits	-	-	-	-	0.39	25.49
Long-Term Deferred Tax Liabilities	70.92	71.13	69.85	71.61	62.14	58.38
Other Long-Term Liabilities	4.29	6.35	6.37	12.03	12.08	12.12
Total Liabilities	854.33	896.42	884.38	864.41	849.22	929.24
Common Stock	905.92	905.92	905.92	905.92	905.92	905.92
Additional Paid-In Capital	18.18	18.18	18.18	17.01	26.98	45.1
Retained Earnings	469.35	505.55	491.38	479.04	453.98	439.1
Treasury Stock	-1.97	-1.97	-1.97	-1.97	-1.97	-1.97
Comprehensive Income & Other	-55.33	30.74	72.56	85.65	71.68	112.23
Total Common Equity	1,336	1,458	1,486	1,486	1,457	1,500
Minority Interest	2.95	3.2	3.54	3.9	3.68	3.9
Shareholders' Equity	1,339	1,462	1,490	1,490	1,460	1,504
Total Liabilities & Equity	2,193	2,358	2,374	2,354	2,309	2,434
Total Debt	452.55	457.54	453.16	480.4	483.14	542.26
Net Cash (Debt)	-277.45	-264.52	-263.78	-271.5	-227.5	-211.45
Net Cash Per Share	-3.06	-2.92	-2.91	-3.00	-2.51	-2.33
Filing Date Shares Outstanding	90.55	90.55	90.55	90.55	90.55	90.55
Total Common Shares Outstanding	90.55	90.55	90.55	90.55	90.55	90.55
Working Capital	98.81	138.41	144.92	163.7	195.4	194.36
Book Value Per Share	14.76	16.11	16.41	16.41	16.09	16.57
Tangible Book Value	1,329	1,451	1,479	1,484	1,453	1,495
Tangible Book Value Per Share	14.68	16.02	16.34	16.39	16.05	16.51
Land	663.51	663.51	663.51	663.51	663.51	671.91
Buildings	243.93	243.93	243.93	243.93	243.93	249.61
Machinery	833.57	815.91	840.52	826.88	801.68	807.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.