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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	178.11	154.74	179.2	172.66	200.23	179.66
Short-Term Investments	18.86	17.67	13.82	16.73	8.67	75.98
Cash & Short-Term Investments	196.98	172.4	193.02	189.39	208.89	255.65
Cash Growth	6.20%	-10.68%	1.92%	-9.34%	-18.29%	-22.72%
Accounts Receivable	185.54	214.58	212.6	223.82	222.86	248.21
Other Receivables	0.56	0.53	0.01	2.18	0.49	1.49
Receivables	186.1	215.11	212.61	225.99	223.35	249.69
Inventory	287.17	311.1	315.95	308.99	279.52	255.71
Prepaid Expenses	8.27	-	-	4.27	4.8	3.51
Other Current Assets	3.24	12.09	11.42	3.19	2.56	4.56
Total Current Assets	681.75	710.7	732.99	731.83	719.12	769.11
Property, Plant & Equipment	1,135	1,145	1,215	1,185	1,194	1,155
Long-Term Investments	236.82	207.94	305.36	347.63	358.41	341.16
Other Intangible Assets	6.46	6.43	7.89	6.92	1.83	3.69
Long-Term Deferred Tax Assets	10.29	10.33	8.67	5.14	3.56	4.82
Other Long-Term Assets	116.8	119.84	87.91	97.47	76.92	35.98
Total Assets	2,187	2,201	2,358	2,374	2,354	2,309
Accounts Payable	123.9	146.2	141.8	133.26	121.53	116.94
Accrued Expenses	-	158.67	146.92	140.92	127.76	118.13
Short-Term Debt	141.5	135	125.5	125.5	161	190
Current Portion of Leases	89.04	93.52	107.68	106.41	94.05	92.25
Current Income Taxes Payable	14.09	6.18	11.06	24.5	8.45	12.73
Current Unearned Revenue	26.88	30.51	34.57	34.2	25.76	21.02
Other Current Liabilities	147.52	21.71	27.06	22.13	16.87	22.66
Total Current Liabilities	542.93	591.79	594.58	586.91	555.42	573.72
Long-Term Leases	165.35	171.76	224.37	221.26	225.35	200.9
Pension & Post-Retirement Benefits	-	-	-	-	-	0.39
Long-Term Deferred Tax Liabilities	74.52	74.54	71.13	69.85	71.61	62.14
Other Long-Term Liabilities	5.63	5.12	6.35	6.37	12.03	12.08
Total Liabilities	788.42	843.2	896.42	884.38	864.41	849.22
Common Stock	905.92	905.92	905.92	905.92	905.92	905.92
Additional Paid-In Capital	5.5	18.18	18.18	18.18	17.01	26.98
Retained Earnings	524.71	499.74	505.55	491.38	479.04	453.98
Treasury Stock	-1.97	-1.97	-1.97	-1.97	-1.97	-1.97
Comprehensive Income & Other	-38.45	-67.53	30.74	72.56	85.65	71.68
Total Common Equity	1,396	1,354	1,458	1,486	1,486	1,457
Minority Interest	3.22	3.15	3.2	3.54	3.9	3.68
Shareholders' Equity	1,399	1,357	1,462	1,490	1,490	1,460
Total Liabilities & Equity	2,187	2,201	2,358	2,374	2,354	2,309
Total Debt	395.89	400.28	457.54	453.16	480.4	483.14
Net Cash (Debt)	-198.91	-227.88	-264.52	-263.78	-271.5	-227.5
Net Cash Per Share	-2.19	-2.51	-2.92	-2.91	-3.00	-2.51
Filing Date Shares Outstanding	89.43	90.55	90.55	90.55	90.55	90.55
Total Common Shares Outstanding	89.43	90.55	90.55	90.55	90.55	90.55
Working Capital	138.82	118.91	138.41	144.92	163.7	195.4
Book Value Per Share	15.61	14.96	16.11	16.41	16.41	16.09
Tangible Book Value	1,389	1,348	1,451	1,479	1,484	1,453
Tangible Book Value Per Share	15.54	14.89	16.02	16.34	16.39	16.05
Land	-	663.51	663.51	663.51	663.51	663.51
Buildings	-	243.93	243.93	243.93	243.93	243.93
Machinery	-	849.45	815.91	840.52	826.88	801.68