Ten Ren Tea Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	154.74	179.2	172.66	200.23	179.66
Short-Term Investments	18.67	13.82	16.73	8.67	75.98
Cash & Short-Term Investments	173.4	193.02	189.39	208.89	255.65
Cash Growth	-10.16%	1.92%	-9.34%	-18.29%	-22.72%
Accounts Receivable	214.58	212.6	223.82	222.86	248.21
Other Receivables	0.53	0.01	2.18	0.49	1.49
Receivables	215.11	212.61	225.99	223.35	249.69
Inventory	311.1	315.95	308.99	279.52	255.71
Prepaid Expenses	7.15	5.06	4.27	4.8	3.51
Other Current Assets	3.94	6.35	3.19	2.56	4.56
Total Current Assets	710.7	732.99	731.83	719.12	769.11
Property, Plant & Equipment	1,145	1,215	1,185	1,194	1,155
Long-Term Investments	207.94	305.36	347.63	358.41	341.16
Other Intangible Assets	6.43	7.89	6.92	1.83	3.69
Long-Term Deferred Tax Assets	10.33	8.67	5.14	3.56	4.82
Other Long-Term Assets	119.84	87.91	97.47	76.92	35.98
Total Assets	2,201	2,358	2,374	2,354	2,309
Accounts Payable	146.2	141.8	133.26	121.53	116.94
Accrued Expenses	-	146.92	140.92	127.76	118.13
Short-Term Debt	135	125.5	125.5	161	190
Current Portion of Leases	93.52	107.68	106.41	94.05	92.25
Current Income Taxes Payable	6.18	11.06	24.5	8.45	12.73
Current Unearned Revenue	30.51	34.57	34.2	25.76	21.02
Other Current Liabilities	180.38	27.06	22.13	16.87	22.66
Total Current Liabilities	591.79	594.58	586.91	555.42	573.72
Long-Term Leases	171.76	224.37	221.26	225.35	200.9
Pension & Post-Retirement Benefits	-	-	-	-	0.39
Long-Term Deferred Tax Liabilities	74.54	71.13	69.85	71.61	62.14
Other Long-Term Liabilities	5.12	6.35	6.37	12.03	12.08
Total Liabilities	843.2	896.42	884.38	864.41	849.22
Common Stock	905.92	905.92	905.92	905.92	905.92
Additional Paid-In Capital	18.18	18.18	18.18	17.01	26.98
Retained Earnings	499.74	505.55	491.38	479.04	453.98
Treasury Stock	-1.97	-1.97	-1.97	-1.97	-1.97
Comprehensive Income & Other	-67.53	30.74	72.56	85.65	71.68
Total Common Equity	1,354	1,458	1,486	1,486	1,457
Minority Interest	3.15	3.2	3.54	3.9	3.68
Shareholders' Equity	1,357	1,462	1,490	1,490	1,460
Total Liabilities & Equity	2,201	2,358	2,374	2,354	2,309
Total Debt	400.28	457.54	453.16	480.4	483.14
Net Cash (Debt)	-226.88	-264.52	-263.78	-271.5	-227.5
Net Cash Per Share	-2.51	-2.92	-2.91	-3.00	-2.51
Filing Date Shares Outstanding	90.59	90.55	90.55	90.55	90.55
Total Common Shares Outstanding	90.59	90.55	90.55	90.55	90.55
Working Capital	118.91	138.41	144.92	163.7	195.4
Book Value Per Share	14.95	16.11	16.41	16.41	16.09
Tangible Book Value	1,348	1,451	1,479	1,484	1,453
Tangible Book Value Per Share	14.88	16.02	16.34	16.39	16.05
Land	-	663.51	663.51	663.51	663.51
Buildings	-	243.93	243.93	243.93	243.93
Machinery	-	815.91	840.52	826.88	801.68

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