Kwong Fong Industries 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	173.78	145.86	226.37	311.14	301.62
Short-Term Investments	47.8	35.88	22.77	19	213.5
Trading Asset Securities	264.27	98.81	71.47	6.38	5.11
Cash & Short-Term Investments	485.84	280.55	320.61	336.53	520.23
Cash Growth	73.17%	-12.49%	-4.73%	-35.31%	51.99%
Accounts Receivable	44.8	39.68	38.44	33.25	71.19
Other Receivables	34.69	16.03	63.12	56.07	10.75
Receivables	79.49	55.71	101.56	89.32	81.95
Inventory	636.01	629.62	629.62	647.41	647.41
Prepaid Expenses	8.71	11.09	8.32	3.99	0.89
Other Current Assets	0.1	7.51	9.73	9.26	14.29
Total Current Assets	1,210	984.47	1,070	1,087	1,265
Property, Plant & Equipment	66.37	29	42.14	75.17	136.28
Long-Term Investments	1,779	1,820	1,593	1,511	2,150
Goodwill	32.58	32.58	32.58	32.58	32.58
Other Intangible Assets	30.22	30.63	35.03	41.81	50.33
Long-Term Deferred Tax Assets	18.4	81.35	120.15	153.41	164.47
Other Long-Term Assets	2,960	2,756	1,700	1,593	77.15
Total Assets	6,097	5,735	4,593	4,494	3,876
Accounts Payable	7.68	6.79	6.2	7.77	8.38
Short-Term Debt	391.47	314.79	116.77	-	58
Current Portion of Long-Term Debt	-	-	-	13.77	7.64
Current Portion of Leases	9.86	13.87	14.49	14.06	13.25
Current Income Taxes Payable	4.33	4.8	4.6	0.17	4.08
Current Unearned Revenue	73.64	46.69	43.34	22.14	22.06
Other Current Liabilities	53.27	53.36	122.16	41.35	45.55
Total Current Liabilities	540.24	440.31	307.56	99.25	158.97
Long-Term Debt	792.5	655.08	585.22	564.54	71.58
Long-Term Leases	39.97	0.72	12.25	26.24	38.14
Long-Term Unearned Revenue	28.75	-	-	-	0.23
Long-Term Deferred Tax Liabilities	242.31	279.45	124.48	125.4	126.26
Other Long-Term Liabilities	0.57	0.57	0.57	1.09	1.19
Total Liabilities	1,644	1,376	1,030	816.51	396.36
Common Stock	1,853	1,853	1,853	1,853	1,853
Additional Paid-In Capital	50.06	50.07	50.08	43.77	43.79
Retained Earnings	1,792	1,485	1,425	1,423	1,422
Comprehensive Income & Other	685.19	893.04	165.48	290.55	87.92
Total Common Equity	4,380	4,281	3,494	3,611	3,407
Minority Interest	72.09	77.42	69	66.42	72.76
Shareholders' Equity	4,453	4,359	3,563	3,677	3,480
Total Liabilities & Equity	6,097	5,735	4,593	4,494	3,876
Total Debt	1,234	984.46	728.73	618.6	188.61
Net Cash (Debt)	-747.95	-703.91	-408.12	-282.07	331.61
Net Cash Per Share	-4.03	-3.80	-2.20	-1.52	1.79
Filing Date Shares Outstanding	185.34	185.34	185.34	185.34	185.34
Total Common Shares Outstanding	185.34	185.34	185.34	185.34	185.34
Working Capital	669.92	544.16	762.28	987.26	1,106
Book Value Per Share	23.63	23.10	18.85	19.48	18.38
Tangible Book Value	4,318	4,218	3,427	3,536	3,324
Tangible Book Value Per Share	23.30	22.76	18.49	19.08	17.93
Land	7.71	7.71	7.71	22.49	66.31
Buildings	4.55	4.63	4.63	8.31	12.13
Machinery	7.45	6.03	8.47	11.57	8.97
Leasehold Improvements	9.25	7.88	7.37	10.36	10.36

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.