China Glaze 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	583.77	515.12	612.96	611.78	676.68
Short-Term Investments	20.23	27.17	57.9	66.52	153.11
Trading Asset Securities	26.99	27.1	28.08	29.12	30.08
Cash & Short-Term Investments	630.98	569.39	698.95	707.42	859.87
Cash Growth	10.82%	-18.54%	-1.20%	-17.73%	-16.35%
Accounts Receivable	701.21	649.56	651.65	656.7	553.95
Other Receivables	18.62	5.54	7.1	6.21	16.52
Receivables	719.83	655.1	658.75	662.91	570.47
Inventory	636.31	677.28	721.98	897.33	777.58
Prepaid Expenses	-	9.02	7.82	14.02	10.97
Other Current Assets	102.21	94.08	64.27	57.88	49.43
Total Current Assets	2,089	2,005	2,152	2,340	2,268
Property, Plant & Equipment	2,056	2,050	2,017	1,966	1,803
Long-Term Investments	148.51	238.16	195.24	205.48	87.46
Goodwill	-	14.07	14.1	14.07	14.07
Other Intangible Assets	22.62	2.43	2.49	2.67	2.77
Long-Term Deferred Tax Assets	52.26	53.13	47.61	30.8	26.29
Other Long-Term Assets	142.97	172.74	177.19	174.24	182.29
Total Assets	4,512	4,535	4,606	4,733	4,384
Accounts Payable	179.08	184.91	180.75	220.75	138.97
Accrued Expenses	-	56.05	42.97	57.08	47.89
Short-Term Debt	587.1	437.34	501.19	627.16	548.32
Current Portion of Long-Term Debt	75.7	116.67	116.67	66.67	40
Current Portion of Leases	3.49	4.19	4.89	5.87	4.1
Current Income Taxes Payable	15.67	18.54	9.15	15.87	8.48
Current Unearned Revenue	32.19	46.89	37.1	13.81	11.67
Other Current Liabilities	186.24	111.08	73.71	85.46	75.22
Total Current Liabilities	1,079	975.68	966.43	1,093	874.65
Long-Term Debt	50	112.5	229.17	133.33	30
Long-Term Leases	65.41	59.27	60.83	64.74	63.38
Pension & Post-Retirement Benefits	-	1.23	10.6	15.7	26.37
Long-Term Deferred Tax Liabilities	3.93	3.25	-	-	7.56
Other Long-Term Liabilities	7.62	6.63	7.11	6.62	3.52
Total Liabilities	1,206	1,159	1,274	1,313	1,005
Common Stock	1,670	1,670	1,670	1,670	1,670
Additional Paid-In Capital	128.56	128.51	127.98	127.98	127.98
Retained Earnings	1,251	1,256	1,225	1,281	1,254
Comprehensive Income & Other	-120.54	-98.66	-142.94	-128.19	-164.99
Total Common Equity	2,929	2,956	2,880	2,951	2,887
Minority Interest	375.84	420.36	451.5	468.26	491.33
Shareholders' Equity	3,305	3,377	3,332	3,420	3,378
Total Liabilities & Equity	4,512	4,535	4,606	4,733	4,384
Total Debt	781.69	729.98	912.74	897.76	685.81
Net Cash (Debt)	-150.71	-160.59	-213.8	-190.34	174.07
Net Cash Growth	-	-	-	-	-67.64%
Net Cash Per Share	-0.89	-0.96	-1.28	-1.14	1.04
Filing Date Shares Outstanding	174.83	167.04	167.04	167.04	167.04
Total Common Shares Outstanding	174.83	167.04	167.04	167.04	167.04
Working Capital	1,010	1,029	1,185	1,247	1,394
Book Value Per Share	16.76	17.70	17.24	17.67	17.28
Tangible Book Value	2,907	2,940	2,864	2,935	2,870
Tangible Book Value Per Share	16.63	17.60	17.14	17.57	17.18
Land	-	1,117	1,111	1,112	-
Buildings	-	806.04	785.54	833.79	-
Machinery	-	652.71	605.26	585.12	-
Construction In Progress	-	318.87	295.54	197.59	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.