Ta Chen Stainless Pipe 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	13,129	7,249	9,425	11,234	9,332	7,300
Short-Term Investments	1,619	588.39	2,012	152.94	71.2	16.45
Trading Asset Securities	54.78	265.6	363.66	122.25	242.1	124.9
Cash & Short-Term Investments	14,803	8,103	11,801	11,509	9,645	7,442
Cash Growth	42.54%	-31.34%	2.53%	19.33%	29.61%	-20.87%
Accounts Receivable	10,300	8,281	7,526	8,106	7,272	6,047
Other Receivables	522.83	294.27	1,477	2,468	295.79	347.39
Receivables	10,823	8,575	9,002	10,573	7,568	6,394
Inventory	60,701	56,488	58,298	73,378	52,093	50,124
Prepaid Expenses	340.56	431.19	462.25	843.4	656.35	347.34
Other Current Assets	2,565	2,169	2,371	2,742	6,477	2,378
Total Current Assets	89,233	75,766	81,935	99,046	76,439	66,685
Property, Plant & Equipment	47,333	43,750	37,700	30,293	20,738	21,781
Long-Term Investments	859.85	1,525	1,725	2,202	674.73	317.54
Goodwill	4,838	4,787	4,187	4,187	3,719	3,787
Other Intangible Assets	1,039	1,383	1,586	1,896	2,014	2,153
Long-Term Accounts Receivable	99.83	123.45	-	-	-	-
Long-Term Deferred Tax Assets	2,077	2,265	1,807	2,684	2,479	2,232
Other Long-Term Assets	5,955	8,149	6,176	6,138	3,008	1,176
Total Assets	151,434	137,748	135,115	146,446	109,071	98,131
Accounts Payable	2,549	2,534	2,086	3,081	2,361	2,076
Accrued Expenses	2,493	2,115	2,024	2,645	1,996	1,203
Short-Term Debt	14,980	13,337	18,525	14,540	11,363	11,743
Current Portion of Long-Term Debt	2,616	1,416	1,275	9,066	1,533	6,407
Current Portion of Leases	1,183	1,220	1,131	985.98	901.72	839.19
Current Income Taxes Payable	2,272	358.71	918.11	1,595	973.5	80.17
Current Unearned Revenue	117.48	128.49	145.63	173.96	49.21	-
Other Current Liabilities	2,344	2,380	1,889	2,334	1,164	581.13
Total Current Liabilities	28,554	23,490	27,994	34,421	20,341	22,930
Long-Term Debt	29,026	23,139	22,871	28,988	26,300	29,467
Long-Term Leases	7,771	8,675	7,729	7,124	6,590	7,301
Pension & Post-Retirement Benefits	1.09	1.99	2.28	18.74	-	-
Long-Term Deferred Tax Liabilities	2,068	2,553	1,886	1,821	1,201	1,257
Other Long-Term Liabilities	96.94	118.19	154.01	176.69	213.89	219
Total Liabilities	67,516	57,977	60,636	72,549	54,645	61,175
Common Stock	25,843	24,343	24,343	20,286	20,085	16,585
Additional Paid-In Capital	26,603	23,155	23,002	22,783	22,994	12,354
Retained Earnings	21,167	19,024	18,361	21,934	13,835	4,167
Treasury Stock	-3,502	-4,388	-4,386	-4,474	-4,005	-1,133
Comprehensive Income & Other	959.41	5,412	1,741	2,733	-3,884	-3,496
Total Common Equity	71,071	67,545	63,060	63,262	49,025	28,478
Minority Interest	12,847	12,225	11,419	10,635	5,401	8,479
Shareholders' Equity	83,918	79,770	74,479	73,897	54,426	36,957
Total Liabilities & Equity	151,434	137,748	135,115	146,446	109,071	98,131
Total Debt	55,576	47,787	51,531	60,704	46,688	55,758
Net Cash (Debt)	-40,773	-39,684	-39,730	-49,194	-37,043	-48,316
Net Cash Per Share	-17.58	-17.14	-17.06	-20.96	-18.13	-30.51
Filing Date Shares Outstanding	2,354	2,144	2,144	2,144	2,144	1,917
Total Common Shares Outstanding	2,354	2,144	2,144	2,144	2,144	1,917
Working Capital	60,679	52,276	53,940	64,625	56,098	43,755
Book Value Per Share	30.19	31.51	29.41	29.51	22.87	14.86
Tangible Book Value	65,194	61,376	57,287	57,179	43,292	22,538
Tangible Book Value Per Share	27.70	28.63	26.72	26.67	20.19	11.76
Land	8,845	9,023	8,871	8,810	4,245	4,039
Buildings	12,197	12,746	7,187	5,464	4,565	4,111
Machinery	30,987	25,989	24,625	18,590	12,424	12,603
Construction In Progress	-	-	-	-	494.5	995.38
Leasehold Improvements	579.21	560.28	533.06	430.06	290.34	197.19

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