Feng Hsin Steel 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	4,570	2,979	1,171	992.6	1,300	1,221
Short-Term Investments	366.52	330.57	576.09	1,130	1,485	1,926
Trading Asset Securities	136.5	-	-	-	-	-
Cash & Short-Term Investments	5,073	3,310	1,747	2,123	2,785	3,147
Cash Growth	81.84%	89.41%	-17.68%	-23.78%	-11.52%	-18.79%
Accounts Receivable	1,641	1,788	2,428	2,495	2,669	2,376
Other Receivables	31.97	5.67	10.32	19.31	17.28	44.96
Receivables	1,673	1,794	2,438	2,514	2,687	2,421
Inventory	4,697	6,376	8,114	8,301	6,720	8,100
Prepaid Expenses	673.45	9.07	10.61	20.35	5.48	3.06
Other Current Assets	55.85	59.56	37.45	33.6	23.58	7.61
Total Current Assets	12,172	11,548	12,348	12,992	12,220	13,679
Property, Plant & Equipment	10,266	10,346	10,431	10,003	9,478	9,119
Long-Term Investments	2,785	2,887	3,047	2,970	2,923	3,038
Long-Term Deferred Tax Assets	82.37	81.28	107.09	102.23	79.4	103.63
Other Long-Term Assets	978.4	978.29	755.88	979.03	953.42	932.66
Total Assets	26,283	25,841	26,688	27,047	25,654	26,872
Accounts Payable	1,058	998.93	1,325	1,565	1,284	1,595
Accrued Expenses	-	692.98	833.84	743.21	827.53	990.15
Short-Term Debt	40.28	279.44	987.6	1,950	862.07	890.8
Current Portion of Leases	66.95	67.24	61.04	48.2	41.12	3.9
Current Income Taxes Payable	346.64	226.75	282.93	278.42	316.38	676.98
Current Unearned Revenue	309.01	155.16	82.85	77.63	83.55	171.06
Other Current Liabilities	2,567	115.77	100.24	47.29	120.27	204.77
Total Current Liabilities	4,388	2,536	3,673	4,710	3,535	4,533
Long-Term Leases	641.33	655.5	700.36	372.42	305.53	170.91
Pension & Post-Retirement Benefits	-	-	20.23	5.73	-	68.46
Long-Term Deferred Tax Liabilities	37.98	34.76	32.84	29.54	28.3	0.02
Other Long-Term Liabilities	1.38	1.28	0.78	0.67	0.03	0.03
Total Liabilities	5,069	3,228	4,427	5,118	3,869	4,772
Common Stock	5,816	5,816	5,816	5,816	5,816	5,816
Additional Paid-In Capital	457.11	455.83	454.67	454.03	453.31	452.51
Retained Earnings	15,146	16,539	16,237	15,715	15,715	15,515
Comprehensive Income & Other	-217.04	-210.71	-246.53	-55.95	-198.79	315.85
Total Common Equity	21,202	22,600	22,261	21,929	21,785	22,100
Minority Interest	12.28	13.06	-	-	-	-
Shareholders' Equity	21,214	22,613	22,261	21,929	21,785	22,100
Total Liabilities & Equity	26,283	25,841	26,688	27,047	25,654	26,872
Total Debt	748.57	1,002	1,749	2,371	1,209	1,066
Net Cash (Debt)	4,325	2,308	-1.56	-248.1	1,576	2,082
Net Cash Growth	133.38%	-	-	-	-24.29%	-38.15%
Net Cash Per Share	7.44	3.94	-0.00	-0.42	2.69	3.55
Filing Date Shares Outstanding	581.6	581.6	581.6	581.6	581.6	581.6
Total Common Shares Outstanding	581.6	581.6	581.6	581.6	581.6	581.6
Working Capital	7,784	9,012	8,675	8,282	8,685	9,146
Book Value Per Share	36.45	38.86	38.28	37.71	37.46	38.00
Tangible Book Value	21,202	22,600	22,261	21,929	21,785	22,100
Tangible Book Value Per Share	36.45	38.86	38.28	37.71	37.46	38.00
Land	-	1,293	1,293	1,288	1,288	1,288
Buildings	-	4,766	4,692	4,529	3,566	3,480
Machinery	-	18,579	18,227	17,619	18,099	17,608
Construction In Progress	-	396.23	306.74	315.8	502.8	165.28
Leasehold Improvements	-	382.72	383.42	383.42	338.04	336.3

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