Chang-Ho Fibre 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	694.54	380.17	166.48	183.66	416.13	722.63
Short-Term Investments	58.12	7.48	13.01	19.96	-	-
Cash & Short-Term Investments	752.66	387.65	179.49	203.62	416.13	722.63
Cash Growth	102.58%	115.98%	-11.85%	-51.07%	-42.42%	69.03%
Accounts Receivable	54.69	82.01	84.58	71.9	72.59	69.65
Other Receivables	27.28	27.04	8.76	13.83	15.95	3.86
Receivables	81.97	109.05	93.33	85.73	88.53	73.51
Inventory	858.85	964.26	973.55	1,054	1,210	660.41
Prepaid Expenses	12.57	16.31	13.27	19.76	40.5	16.38
Other Current Assets	176.77	174.84	254.95	33.94	446.58	25.73
Total Current Assets	1,883	1,652	1,515	1,397	2,202	1,499
Property, Plant & Equipment	670.78	718.44	730.71	701.5	698.38	890.79
Long-Term Investments	82.22	85.9	87.74	62.32	151.23	275.02
Other Intangible Assets	6.57	7.66	8.13	9.13	12.49	6.51
Long-Term Deferred Tax Assets	78.12	83.33	83.33	83.33	83.33	83.33
Other Long-Term Assets	360.77	389.88	349.57	375.8	285.49	112.95
Total Assets	3,081	2,937	2,774	2,629	3,433	2,867
Accounts Payable	120.85	153.84	95.11	202.81	212.76	143.88
Accrued Expenses	-	69.01	65.53	66.58	65.39	65.48
Short-Term Debt	930.72	559.75	702.2	659.12	1,075	386.83
Current Portion of Long-Term Debt	-	5	-	15.6	15.6	15.6
Current Portion of Leases	0.07	0.1	0.05	3.09	7.75	7.97
Current Unearned Revenue	43.97	86.56	136.85	212.05	184.78	175.42
Other Current Liabilities	151.81	95.87	107.37	91.02	61.73	44.91
Total Current Liabilities	1,247	970.13	1,107	1,250	1,623	840.09
Long-Term Debt	318.86	413.86	318.86	64.8	510.32	674.16
Long-Term Leases	-	0.05	-	0.05	2.99	10.73
Long-Term Deferred Tax Liabilities	88.25	88.25	81.32	82.36	81.96	82.12
Other Long-Term Liabilities	5.45	5.45	5.45	4.58	5.15	2.16
Total Liabilities	1,660	1,478	1,513	1,402	2,223	1,609
Common Stock	1,604	1,604	1,604	1,604	1,604	1,604
Additional Paid-In Capital	26.75	26.75	26.75	26.75	26.75	26.75
Retained Earnings	-343.7	-336.55	-502.11	-529.34	-565.59	-574.53
Comprehensive Income & Other	56.39	83.23	71.17	92	110.8	172.84
Total Common Equity	1,343	1,377	1,200	1,193	1,176	1,229
Minority Interest	77.8	82.1	61.47	33.77	33.8	28.88
Shareholders' Equity	1,421	1,460	1,261	1,227	1,210	1,258
Total Liabilities & Equity	3,081	2,937	2,774	2,629	3,433	2,867
Total Debt	1,250	978.76	1,021	742.65	1,611	1,095
Net Cash (Debt)	-497	-591.11	-841.62	-539.03	-1,195	-372.67
Net Cash Per Share	-3.10	-3.69	-5.25	-3.36	-7.45	-2.32
Filing Date Shares Outstanding	160.41	160.41	160.41	160.41	160.41	160.41
Total Common Shares Outstanding	160.41	160.41	160.41	160.41	160.41	160.41
Working Capital	635.38	681.98	407.48	146.94	579.31	658.57
Book Value Per Share	8.38	8.59	7.48	7.44	7.33	7.66
Tangible Book Value	1,337	1,370	1,192	1,184	1,164	1,223
Tangible Book Value Per Share	8.33	8.54	7.43	7.38	7.25	7.62
Land	333.58	333.58	333.58	254.32	339.08	453.46
Buildings	467.18	489.27	466.16	471.88	446.63	537.1
Machinery	444.22	464.35	482.79	564.01	477.93	1,027
Construction In Progress	-	0.64	0.93	0.34	0.75	3.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.