Chang-Ho Fibre 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	447.44	380.17	166.48	183.66	416.13
Short-Term Investments	49.03	7.48	13.01	19.96	-
Cash & Short-Term Investments	496.47	387.65	179.49	203.62	416.13
Cash Growth	28.07%	115.98%	-11.85%	-51.07%	-42.42%
Accounts Receivable	48.12	82.01	84.58	71.9	72.59
Other Receivables	25.4	27.04	8.76	13.83	15.95
Receivables	73.52	109.05	93.33	85.73	88.53
Inventory	861.99	964.26	973.55	1,054	1,210
Prepaid Expenses	8.54	16.31	13.27	19.76	40.5
Other Current Assets	591.69	174.84	254.95	33.94	446.58
Total Current Assets	2,032	1,652	1,515	1,397	2,202
Property, Plant & Equipment	680.96	718.44	730.71	701.5	698.38
Long-Term Investments	102.8	85.9	87.74	62.32	151.23
Other Intangible Assets	6.64	7.66	8.13	9.13	12.49
Long-Term Deferred Tax Assets	66.85	83.33	83.33	83.33	83.33
Other Long-Term Assets	360.38	389.88	349.57	375.8	285.49
Total Assets	3,250	2,937	2,774	2,629	3,433
Accounts Payable	118.12	153.84	95.11	202.81	212.76
Accrued Expenses	67.56	69.01	65.53	66.58	65.39
Short-Term Debt	1,044	559.75	702.2	659.12	1,075
Current Portion of Long-Term Debt	-	5	-	15.6	15.6
Current Portion of Leases	0.05	0.1	0.05	3.09	7.75
Current Income Taxes Payable	9.39	29.94	-	-	-
Current Unearned Revenue	46.09	86.56	136.85	212.05	184.78
Other Current Liabilities	66.55	65.93	107.37	91.02	61.73
Total Current Liabilities	1,351	970.13	1,107	1,250	1,623
Long-Term Debt	318.86	413.86	318.86	64.8	510.32
Long-Term Leases	-	0.05	-	0.05	2.99
Long-Term Deferred Tax Liabilities	86.98	88.25	81.32	82.36	81.96
Other Long-Term Liabilities	5.62	5.45	5.45	4.58	5.15
Total Liabilities	1,763	1,478	1,513	1,402	2,223
Common Stock	1,604	1,604	1,604	1,604	1,604
Additional Paid-In Capital	26.75	26.75	26.75	26.75	26.75
Retained Earnings	-302.82	-336.55	-502.11	-529.34	-565.59
Comprehensive Income & Other	84.5	83.23	71.17	92	110.8
Total Common Equity	1,412	1,377	1,200	1,193	1,176
Minority Interest	74.5	82.1	61.47	33.77	33.8
Shareholders' Equity	1,487	1,460	1,261	1,227	1,210
Total Liabilities & Equity	3,250	2,937	2,774	2,629	3,433
Total Debt	1,363	978.76	1,021	742.65	1,611
Net Cash (Debt)	-866.08	-591.11	-841.62	-539.03	-1,195
Net Cash Per Share	-5.40	-3.69	-5.25	-3.36	-7.45
Filing Date Shares Outstanding	160.41	160.41	160.41	160.41	160.41
Total Common Shares Outstanding	160.41	160.41	160.41	160.41	160.41
Working Capital	680.82	681.98	407.48	146.94	579.31
Book Value Per Share	8.81	8.59	7.48	7.44	7.33
Tangible Book Value	1,406	1,370	1,192	1,184	1,164
Tangible Book Value Per Share	8.76	8.54	7.43	7.38	7.25
Land	333.58	333.58	333.58	254.32	339.08
Buildings	482.26	489.27	466.16	471.88	446.63
Machinery	456.24	464.35	482.79	564.01	477.93
Construction In Progress	-	0.64	0.93	0.34	0.75

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