Shihlin Paper Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	468.92	513.92	226.56	186.72	175.39	38.5
Short-Term Investments	2,957	3,023	3,109	2,145	3,059	6,570
Trading Asset Securities	-	-	138.11	1.05	0.79	11.28
Cash & Short-Term Investments	3,426	3,537	3,473	2,333	3,235	6,620
Cash Growth	3.10%	1.82%	48.87%	-27.88%	-51.13%	302.15%
Accounts Receivable	48.34	47.88	47.46	52.94	53.03	50.41
Other Receivables	3.37	68.51	54.75	35.49	4.59	11.49
Receivables	51.72	116.39	102.21	88.43	57.62	61.9
Inventory	13.88	17.96	14.81	20.41	18.25	23.09
Prepaid Expenses	81.92	4.73	3.19	3.76	8.69	7.33
Other Current Assets	0.21	1.71	0.93	0.24	19.11	0.1
Total Current Assets	3,574	3,677	3,595	2,446	3,339	6,712
Property, Plant & Equipment	2,469	2,420	2,120	1,718	1,635	1,308
Long-Term Investments	7.33	7.33	7.36	7.36	7.44	5.12
Other Intangible Assets	2.52	2.55	3.75	5.29	6.87	8.2
Long-Term Deferred Charges	-	-	-	10.1	10.1	-
Other Long-Term Assets	4,451	4,453	4,539	4,523	4,300	4,401
Total Assets	10,504	10,560	10,265	8,709	9,298	12,434
Accounts Payable	5.05	5.73	3.36	9	10.78	10.43
Accrued Expenses	-	0.02	0.02	0.01	0.02	0.02
Short-Term Debt	2,678	2,684	2,687	2,373	2,339	2,334
Current Portion of Long-Term Debt	635.59	432.22	432.22	-	-	-
Current Income Taxes Payable	0.06	0.03	-	-	-	-
Current Unearned Revenue	2.17	1.31	46.45	41.03	36.75	7.76
Other Current Liabilities	149.94	142.68	145.21	87.66	35.92	18.45
Total Current Liabilities	3,471	3,266	3,314	2,511	2,422	2,371
Long-Term Debt	-	177.03	70.35	291.35	105.61	0.32
Long-Term Deferred Tax Liabilities	1,577	1,577	1,592	1,592	1,592	1,592
Other Long-Term Liabilities	13.95	13.97	13.87	13.47	13.88	14.11
Total Liabilities	5,062	5,034	4,991	4,408	4,134	3,977
Common Stock	2,600	2,600	2,600	2,600	2,600	2,600
Retained Earnings	433.9	452.88	116.98	137.78	51.49	-160.59
Comprehensive Income & Other	2,407	2,473	2,557	1,563	2,512	6,017
Shareholders' Equity	5,441	5,526	5,274	4,301	5,164	8,457
Total Liabilities & Equity	10,504	10,560	10,265	8,709	9,298	12,434
Total Debt	3,314	3,293	3,190	2,664	2,445	2,334
Net Cash (Debt)	112.17	243.54	283.72	-331.14	790.44	4,285
Net Cash Growth	45.24%	-14.16%	-	-	-81.56%	-
Net Cash Per Share	0.43	0.94	1.09	-1.27	3.04	16.48
Filing Date Shares Outstanding	271.14	260.04	260.04	260.04	260.04	260.04
Total Common Shares Outstanding	271.14	260.04	260.04	260.04	260.04	260.04
Working Capital	102.68	411.59	280.15	-64.64	916.25	4,341
Book Value Per Share	20.07	21.25	20.28	16.54	19.86	32.52
Tangible Book Value	5,439	5,523	5,271	4,296	5,157	8,449
Tangible Book Value Per Share	20.06	21.24	20.27	16.52	19.83	32.49
Land	-	1,181	1,181	1,181	1,403	1,252
Buildings	-	119.55	118.56	118.56	117.99	108.04
Machinery	-	47.09	47.81	47.05	46.44	45.91
Construction In Progress	-	1,213	910.42	505.64	195.24	26.2