Formosa Taffeta Co., Ltd. (TPE: 1434)

Formosa Taffeta 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	4,165	4,241	5,478	3,471	3,083	3,237
Short-Term Investments	98.61	1,226	1,338	1,552	1,437	-
Trading Asset Securities	820.09	-	-	-	-	1,447
Cash & Short-Term Investments	5,084	5,467	6,816	5,024	4,520	4,683
Cash Growth	-12.50%	-19.79%	35.69%	11.13%	-3.48%	-37.93%
Accounts Receivable	2,834	2,281	2,989	3,836	3,314	3,372
Other Receivables	321.04	235.94	322.67	212.83	221.2	365.84
Receivables	3,155	2,517	3,312	4,049	3,535	3,738
Inventory	7,077	7,858	9,511	7,916	6,849	8,084
Prepaid Expenses	455.3	456.69	391.73	567.29	415.07	683.78
Other Current Assets	189.56	180.91	179.36	138.43	259.62	324.05
Total Current Assets	15,961	16,479	20,210	17,694	15,579	17,513
Property, Plant & Equipment	11,627	12,005	12,638	12,569	13,332	13,789
Long-Term Investments	31,812	42,453	41,801	50,067	49,659	48,606
Long-Term Deferred Tax Assets	107.81	108.52	102.19	71.88	103.81	137.96
Other Long-Term Assets	585.56	619.04	658.37	940.58	787.74	715.43
Total Assets	60,094	71,665	75,410	81,342	79,462	80,762
Accounts Payable	1,796	1,775	2,319	2,624	2,296	2,640
Accrued Expenses	524.55	535.59	652.81	641.75	580.63	666.73
Short-Term Debt	2,242	2,251	4,334	3,467	3,766	3,753
Current Portion of Long-Term Debt	-	-	-	-	56.82	59.89
Current Portion of Leases	167.74	155.28	141.75	82.33	100.96	130.04
Current Income Taxes Payable	88.96	55.56	324.21	197.49	83.54	397.97
Other Current Liabilities	1,131	903.06	862.11	892.78	782.16	834.52
Total Current Liabilities	5,950	5,676	8,634	7,905	7,666	8,483
Long-Term Debt	8,800	10,400	9,600	9,700	8,900	6,460
Long-Term Leases	783.71	761.49	752.77	729	682.09	719.75
Long-Term Deferred Tax Liabilities	325.31	325.78	325.31	349.42	399.96	373.75
Other Long-Term Liabilities	140.53	149.55	330.78	414.86	17.03	31.64
Total Liabilities	16,000	17,313	19,643	19,098	17,978	16,538
Common Stock	16,847	16,847	16,847	16,847	16,847	16,847
Additional Paid-In Capital	943.39	1,340	1,339	1,302	1,297	1,290
Retained Earnings	20,235	19,289	21,097	19,337	19,004	21,092
Treasury Stock	-19.06	-19.06	-19.06	-19.06	-19.06	-19.06
Comprehensive Income & Other	6,087	16,895	16,504	24,778	24,355	25,010
Total Common Equity	44,094	54,352	55,767	62,244	61,484	64,219
Minority Interest	-	-	-	-	-	4.65
Shareholders' Equity	44,094	54,352	55,767	62,244	61,484	64,224
Total Liabilities & Equity	60,094	71,665	75,410	81,342	79,462	80,762
Total Debt	11,994	13,568	14,829	13,979	13,506	11,123
Net Cash (Debt)	-6,910	-8,101	-8,013	-8,955	-8,986	-6,440
Net Cash Per Share	-4.11	-4.81	-4.76	-5.32	-5.34	-3.83
Filing Date Shares Outstanding	1,682	1,682	1,682	1,682	1,682	1,682
Total Common Shares Outstanding	1,682	1,682	1,682	1,682	1,682	1,682
Working Capital	10,011	10,803	11,576	9,789	7,913	9,030
Book Value Per Share	26.21	32.30	33.15	37.00	36.54	38.17
Tangible Book Value	44,094	54,352	55,767	62,244	61,484	64,219
Tangible Book Value Per Share	26.21	32.30	33.15	37.00	36.54	38.17
Land	1,914	2,029	2,027	2,034	2,034	2,040
Buildings	10,732	10,573	10,636	10,383	10,366	10,464
Machinery	29,073	28,754	28,612	28,166	28,080	27,092
Construction In Progress	489.56	312.87	528.18	408.41	613.37	518.11

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