Tung Ho Steel Enterprise 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	1,255	1,519	1,733	2,127	1,530	1,933
Trading Asset Securities	120.49	109.2	144.62	162.74	195.74	145.24
Cash & Short-Term Investments	1,376	1,628	1,877	2,289	1,726	2,078
Cash Growth	-43.36%	-13.26%	-18.00%	32.62%	-16.95%	82.35%
Accounts Receivable	8,879	8,927	8,830	7,418	7,861	6,058
Other Receivables	37.37	32.15	229.78	28.23	16.71	12.39
Receivables	8,916	8,959	9,059	7,446	7,878	6,070
Inventory	16,271	19,073	19,894	18,821	20,495	12,227
Prepaid Expenses	969.46	308.99	315.21	252.39	343.55	177.26
Other Current Assets	1,082	1,138	1,122	845.9	951.3	639.01
Total Current Assets	28,614	31,108	32,268	29,655	31,394	21,192
Property, Plant & Equipment	18,246	19,080	19,375	20,401	18,421	18,844
Long-Term Investments	2,164	2,114	2,140	2,082	2,165	1,842
Other Intangible Assets	152.75	164.02	167.96	179.46	185.61	163.4
Long-Term Deferred Tax Assets	71.89	72.08	84.93	85.54	86.43	115.59
Other Long-Term Assets	2,495	2,342	2,344	2,364	3,151	2,263
Total Assets	51,744	54,881	56,379	54,767	55,403	44,421
Accounts Payable	2,510	2,921	3,003	2,206	3,173	2,353
Accrued Expenses	6.25	2,136	2,130	2,049	2,069	1,709
Short-Term Debt	7,826	8,771	13,885	14,594	13,426	5,875
Current Portion of Long-Term Debt	80	304.85	190.52	192.01	724.42	1,359
Current Portion of Leases	51.79	39.21	43.05	41.43	40.36	48.24
Current Income Taxes Payable	345.21	599.89	710.24	579.56	949.31	718.4
Current Unearned Revenue	3,899	3,581	2,992	2,859	2,533	1,583
Other Current Liabilities	2,228	343.63	192.89	83.07	78.34	169.78
Total Current Liabilities	16,946	18,695	23,147	22,605	22,994	13,816
Long-Term Debt	1,450	2,941	1,421	2,526	1,818	1,858
Long-Term Leases	152.19	122.97	140.81	163.84	191.52	229.85
Pension & Post-Retirement Benefits	3.15	37.77	211.06	260.96	403.99	558.83
Long-Term Deferred Tax Liabilities	176.65	174.23	169.43	187.58	169.95	172.18
Other Long-Term Liabilities	159.75	146.75	128.26	108.37	93.16	78.71
Total Liabilities	18,887	22,119	25,218	25,852	25,670	16,713
Common Stock	7,302	7,302	7,302	7,302	7,302	10,588
Additional Paid-In Capital	7,742	7,742	7,740	7,685	7,685	7,288
Retained Earnings	18,232	17,852	16,312	14,131	14,714	10,450
Comprehensive Income & Other	-523.93	-256.75	-305.28	-311.89	-157.89	-822.36
Total Common Equity	32,753	32,639	31,048	28,806	29,542	27,503
Minority Interest	103.96	122.61	112.9	108.55	190.12	204.52
Shareholders' Equity	32,857	32,762	31,161	28,915	29,733	27,708
Total Liabilities & Equity	51,744	54,881	56,379	54,767	55,403	44,421
Total Debt	9,560	12,179	15,680	17,518	16,200	9,371
Net Cash (Debt)	-8,184	-10,551	-13,803	-15,229	-14,474	-7,292
Net Cash Per Share	-11.17	-14.40	-18.84	-20.77	-19.82	-9.98
Filing Date Shares Outstanding	730.21	730.21	730.21	730.21	730.21	709.37
Total Common Shares Outstanding	730.21	730.21	730.21	730.21	730.21	709.37
Working Capital	11,669	12,413	9,121	7,050	8,400	7,376
Book Value Per Share	44.85	44.70	42.52	39.45	40.46	38.77
Tangible Book Value	32,600	32,475	30,880	28,627	29,357	27,340
Tangible Book Value Per Share	44.64	44.47	42.29	39.20	40.20	38.54
Land	5,546	5,575	5,577	5,503	3,076	2,791
Buildings	9,837	10,045	9,949	10,069	9,622	9,359
Machinery	31,855	31,835	30,649	30,705	30,127	29,303
Construction In Progress	393.42	278.1	393.77	211.15	214.11	103.98

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