Panion & Bf Biotech 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	379.98	558.37	534.63	464.26	279.1	310.11	Upgrade
Trading Asset Securities	-	-	-	-	69.79	96.13	Upgrade
Cash & Short-Term Investments	379.98	558.37	534.63	464.26	348.89	406.24	Upgrade
Cash Growth	-14.17%	4.44%	15.16%	33.07%	-14.12%	-12.67%	Upgrade
Accounts Receivable	356.38	366.27	346.96	354.03	333.9	368.93	Upgrade
Other Receivables	56.6	34.42	11.94	6.68	29.6	81.07	Upgrade
Receivables	412.98	400.7	358.9	360.71	363.5	450	Upgrade
Inventory	561.98	526.93	538.1	545.65	528.53	560.66	Upgrade
Prepaid Expenses	26.73	22.94	36.25	22.7	30.5	36.99	Upgrade
Other Current Assets	2.26	1.52	8.77	5.97	3.12	0.49	Upgrade
Total Current Assets	1,384	1,510	1,477	1,399	1,275	1,454	Upgrade
Property, Plant & Equipment	1,686	1,614	1,635	1,555	1,521	1,412	Upgrade
Long-Term Investments	5.64	33.38	67.54	75.1	84.03	82.66	Upgrade
Goodwill	4.17	4.49	4.21	4.21	3.79	3.85	Upgrade
Other Intangible Assets	0.79	3.56	7.66	11.76	15.85	19.95	Upgrade
Long-Term Deferred Tax Assets	25.17	25.17	24.58	21.12	21.26	16.47	Upgrade
Other Long-Term Assets	18.71	17.05	20.03	26.68	32.28	85.14	Upgrade
Total Assets	3,125	3,208	3,235	3,094	2,953	3,074	Upgrade
Accounts Payable	161.51	153.28	133.46	125.27	130.23	162.26	Upgrade
Accrued Expenses	0.51	0.75	0.75	0.64	0.73	0.69	Upgrade
Short-Term Debt	440	500	535	395	265	465	Upgrade
Current Portion of Long-Term Debt	48.52	39.54	15.34	-	36.53	30.95	Upgrade
Current Portion of Leases	19.28	11.95	29.87	29.63	33.19	30.1	Upgrade
Current Income Taxes Payable	1.38	1.96	4.65	27.16	5.41	-	Upgrade
Other Current Liabilities	311.64	319.98	331.78	343.88	269.41	257.01	Upgrade
Total Current Liabilities	982.84	1,027	1,051	921.58	740.49	946.01	Upgrade
Long-Term Debt	108.08	169.43	156.73	39.52	127.75	712.14	Upgrade
Long-Term Leases	28.11	8.23	22.21	34.8	51.77	74.64	Upgrade
Pension & Post-Retirement Benefits	2.21	2.21	10.5	11.12	17.48	20.62	Upgrade
Long-Term Deferred Tax Liabilities	74.32	74.32	73.1	73.1	73.92	73.92	Upgrade
Other Long-Term Liabilities	27.14	4.17	10.72	6.3	8.67	6.66	Upgrade
Total Liabilities	1,223	1,286	1,324	1,086	1,020	1,834	Upgrade
Common Stock	857.39	857.39	857.39	857.39	857.39	767.39	Upgrade
Additional Paid-In Capital	770.86	806.87	866.89	871.17	903.76	391.98	Upgrade
Retained Earnings	296.59	273.36	210.87	300.39	209.24	117.88	Upgrade
Comprehensive Income & Other	-22.85	-15.44	-24.07	-21.84	-37.37	-37.28	Upgrade
Shareholders' Equity	1,902	1,922	1,911	2,007	1,933	1,240	Upgrade
Total Liabilities & Equity	3,125	3,208	3,235	3,094	2,953	3,074	Upgrade
Total Debt	643.99	729.15	759.14	498.96	514.24	1,313	Upgrade
Net Cash (Debt)	-264.01	-170.78	-224.52	-34.7	-165.35	-906.58	Upgrade
Net Cash Per Share	-3.08	-1.99	-2.62	-0.40	-2.09	-11.81	Upgrade
Filing Date Shares Outstanding	85.74	85.74	85.74	85.74	85.74	76.74	Upgrade
Total Common Shares Outstanding	85.74	85.74	85.74	85.74	85.74	76.74	Upgrade
Working Capital	401.09	482.99	425.79	477.71	534.04	508.36	Upgrade
Book Value Per Share	22.18	22.42	22.29	23.41	22.55	16.16	Upgrade
Tangible Book Value	1,897	1,914	1,899	1,991	1,913	1,216	Upgrade
Tangible Book Value Per Share	22.13	22.32	22.15	23.22	22.32	15.85	Upgrade
Land	784.44	784.44	784.44	784.44	798.98	798.98	Upgrade
Buildings	382.56	401.62	396.32	335.79	375.78	377.82	Upgrade
Machinery	779.27	867.21	858.1	834.7	1,102	950.08	Upgrade
Construction In Progress	309.21	217.31	150.96	105.74	81.46	29.85	Upgrade

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