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 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	1,295	1,267	1,519	1,733	2,127	1,530
Trading Asset Securities	8.67	108.02	109.2	144.62	162.74	195.74
Cash & Short-Term Investments	1,303	1,375	1,628	1,877	2,289	1,726
Cash Growth	-42.15%	-15.55%	-13.26%	-18.00%	32.62%	-16.95%
Accounts Receivable	10,168	8,791	8,927	8,830	7,418	7,861
Other Receivables	202.89	39.67	32.15	229.78	28.23	16.71
Receivables	10,371	8,831	8,959	9,059	7,446	7,878
Inventory	14,833	16,685	19,073	19,894	18,821	20,495
Prepaid Expenses	674.31	327.76	308.99	315.21	252.39	343.55
Other Current Assets	1,206	1,249	1,138	1,122	845.9	951.3
Total Current Assets	28,388	28,467	31,108	32,268	29,655	31,394
Property, Plant & Equipment	18,463	18,467	19,080	19,375	20,401	18,421
Long-Term Investments	2,138	2,261	2,114	2,140	2,082	2,165
Other Intangible Assets	157.8	156.78	164.02	167.96	179.46	185.61
Long-Term Deferred Tax Assets	90.78	90.78	72.08	84.93	85.54	86.43
Other Long-Term Assets	2,718	2,555	2,342	2,344	2,364	3,151
Total Assets	51,955	51,997	54,881	56,379	54,767	55,403
Accounts Payable	2,352	2,452	2,921	3,003	2,206	3,173
Accrued Expenses	-	2,325	2,136	2,130	2,049	2,069
Short-Term Debt	5,329	6,149	8,771	13,885	14,594	13,426
Current Portion of Long-Term Debt	93.45	80	304.85	190.52	192.01	724.42
Current Portion of Leases	69.07	50.85	39.21	43.05	41.43	40.36
Current Income Taxes Payable	915.33	607.91	599.89	710.24	579.56	949.31
Current Unearned Revenue	4,192	3,654	3,581	2,992	2,859	2,533
Other Current Liabilities	5,618	344.44	343.63	192.89	83.07	78.34
Total Current Liabilities	18,569	15,663	18,695	23,147	22,605	22,994
Long-Term Debt	260	1,350	2,941	1,421	2,526	1,818
Long-Term Leases	192.25	140.35	122.97	140.81	163.84	191.52
Pension & Post-Retirement Benefits	-	9.52	37.77	211.06	260.96	403.99
Long-Term Deferred Tax Liabilities	203.48	207.44	174.23	169.43	187.58	169.95
Other Long-Term Liabilities	180.84	164.67	146.75	128.26	108.37	93.16
Total Liabilities	19,405	17,535	22,119	25,218	25,852	25,670
Common Stock	7,302	7,302	7,302	7,302	7,302	7,302
Additional Paid-In Capital	7,745	7,745	7,742	7,740	7,685	7,685
Retained Earnings	17,775	19,703	17,852	16,312	14,131	14,714
Comprehensive Income & Other	-394.97	-404.14	-256.75	-305.28	-311.89	-157.89
Total Common Equity	32,427	34,346	32,639	31,048	28,806	29,542
Minority Interest	122.76	116.37	122.61	112.9	108.55	190.12
Shareholders' Equity	32,550	34,462	32,762	31,161	28,915	29,733
Total Liabilities & Equity	51,955	51,997	54,881	56,379	54,767	55,403
Total Debt	5,944	7,771	12,179	15,680	17,518	16,200
Net Cash (Debt)	-4,641	-6,395	-10,551	-13,803	-15,229	-14,474
Net Cash Per Share	-6.09	-8.73	-14.41	-18.84	-20.77	-19.82
Filing Date Shares Outstanding	1,212	730.21	730.21	730.21	730.21	730.21
Total Common Shares Outstanding	1,212	730.21	730.21	730.21	730.21	730.21
Working Capital	9,819	12,804	12,413	9,121	7,050	8,400
Book Value Per Share	26.76	47.04	44.70	42.52	39.45	40.46
Tangible Book Value	32,269	34,189	32,475	30,880	28,627	29,357
Tangible Book Value Per Share	26.63	46.82	44.47	42.29	39.20	40.20
Land	-	5,546	5,546	5,577	5,503	3,076
Buildings	-	10,137	10,045	9,949	10,069	9,622
Machinery	-	32,296	31,835	30,649	30,705	30,127
Construction In Progress	-	260.6	278.1	393.77	211.15	214.11

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