Mayer Steel Pipe 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	659.04	477.04	659.46	628.93	539.68
Short-Term Investments	247.59	316.97	481.06	117.56	104.88
Trading Asset Securities	122.85	87.4	124.05	27.34	65.88
Cash & Short-Term Investments	1,029	881.41	1,265	773.82	710.43
Cash Growth	16.80%	-30.30%	63.42%	8.92%	74.10%
Accounts Receivable	385.26	464.95	528.9	556.26	542.07
Other Receivables	11.25	12.4	21.49	152.79	137.39
Receivables	396.51	477.35	550.39	709.05	679.45
Inventory	4,300	3,169	2,275	2,024	2,533
Prepaid Expenses	136.42	94.68	23.66	13.53	16.57
Other Current Assets	206.34	316.69	363.93	551.6	957.13
Total Current Assets	6,069	4,939	4,478	4,072	4,897
Property, Plant & Equipment	1,510	1,590	1,566	1,581	1,626
Long-Term Investments	1,065	999.73	921.32	964.35	1,202
Other Intangible Assets	33.76	2.5	2.64	8.15	3.46
Long-Term Accounts Receivable	47.83	49.37	37.01	37.9	38.76
Long-Term Deferred Tax Assets	6.93	9.52	13	21.76	8.95
Other Long-Term Assets	363.17	696	462.22	701.51	355.54
Total Assets	9,096	8,287	7,480	7,386	8,132
Accounts Payable	223.46	84.53	230.14	291.61	436.95
Short-Term Debt	3,277	2,326	1,692	2,572	2,663
Current Portion of Long-Term Debt	2.91	2.85	2.79	2.76	2.75
Current Portion of Leases	59.65	61.01	55.44	56.99	54.93
Current Income Taxes Payable	57.2	73.58	286.37	136.44	127.1
Current Unearned Revenue	55.07	98.71	6.2	75.14	61
Other Current Liabilities	184.86	208.51	234.38	130.47	194.15
Total Current Liabilities	3,860	2,855	2,507	3,265	3,540
Long-Term Debt	8.89	11.8	14.64	17.42	20.15
Long-Term Leases	400	454.36	477.52	530.75	580.12
Pension & Post-Retirement Benefits	2.5	2.11	1.73	1.96	30.19
Long-Term Deferred Tax Liabilities	194.18	191.45	179.74	178.78	170.28
Other Long-Term Liabilities	141.95	180.31	226.84	185.23	166.52
Total Liabilities	4,608	3,695	3,408	4,180	4,508
Common Stock	2,670	2,670	2,225	2,225	2,225
Additional Paid-In Capital	281.62	281.62	281.62	281.62	281.62
Retained Earnings	1,513	1,521	1,533	687.29	1,184
Comprehensive Income & Other	10.55	108.35	26.84	8.76	-70.49
Total Common Equity	4,475	4,582	4,067	3,203	3,621
Minority Interest	12.76	9.53	5.4	3.64	3.48
Shareholders' Equity	4,488	4,591	4,072	3,207	3,624
Total Liabilities & Equity	9,096	8,287	7,480	7,386	8,132
Total Debt	3,749	2,856	2,242	3,180	3,321
Net Cash (Debt)	-2,719	-1,975	-977.78	-2,406	-2,611
Net Cash Per Share	-10.18	-7.40	-3.66	-9.01	-9.78
Filing Date Shares Outstanding	267.03	267.03	267.03	267.03	267.03
Total Common Shares Outstanding	267.03	267.03	267.03	267.03	267.03
Working Capital	2,208	2,084	1,971	806.24	1,356
Book Value Per Share	16.76	17.16	15.23	11.99	13.56
Tangible Book Value	4,441	4,579	4,064	3,195	3,617
Tangible Book Value Per Share	16.63	17.15	15.22	11.96	13.55
Land	557.91	557.91	557.91	557.91	557.91
Buildings	305.72	304.09	259.82	253.39	250.33
Machinery	1,990	1,966	1,894	1,790	1,711
Leasehold Improvements	143.06	143.06	143.06	142.86	142.86

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.