Hsin Kuang Steel Company 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	1,367	1,270	1,212	953.58	1,099	964.37
Short-Term Investments	170.08	9.2	-	-	-	-
Trading Asset Securities	3,986	3,974	3,473	2,973	1,585	2,110
Cash & Short-Term Investments	5,523	5,253	4,685	3,926	2,684	3,074
Cash Growth	27.15%	12.12%	19.33%	46.30%	-12.71%	15.35%
Accounts Receivable	5,235	3,852	4,478	5,653	4,766	4,408
Other Receivables	4.9	13.99	51.93	13.17	28.97	38.7
Receivables	5,239	3,866	4,530	5,666	4,795	4,447
Inventory	4,888	5,593	6,262	6,157	5,344	6,567
Prepaid Expenses	150.2	-	-	163.21	140.45	280.77
Other Current Assets	10.21	482.85	490.26	167.4	199.14	99.13
Total Current Assets	15,811	15,195	15,967	16,080	13,162	14,468
Property, Plant & Equipment	5,883	5,914	5,478	4,578	3,864	3,827
Long-Term Investments	3,262	3,719	4,160	4,014	3,291	3,714
Other Intangible Assets	74.99	77.62	39.78	41.76	5.03	-
Long-Term Deferred Tax Assets	82.04	92.95	92.44	97.97	61.61	65.48
Other Long-Term Assets	3,700	3,720	3,814	3,541	4,056	3,848
Total Assets	28,814	28,718	29,551	28,353	24,439	25,922
Accounts Payable	728.28	666.07	520.84	526.61	643.4	783.27
Accrued Expenses	-	350.84	360.51	322.85	239.44	336.78
Short-Term Debt	7,519	7,142	8,197	7,478	7,755	6,756
Current Portion of Long-Term Debt	-	130.18	107.12	232.81	496.81	300.94
Current Income Taxes Payable	220.21	151.41	58.29	171.82	198.01	503.12
Current Unearned Revenue	383.94	378.99	709.93	1,416	311.34	419.47
Other Current Liabilities	1,789	98.54	97.56	102.24	99.27	234.26
Total Current Liabilities	10,641	8,918	10,051	10,251	9,743	9,334
Long-Term Debt	6,674	7,110	6,945	5,848	4,404	4,789
Pension & Post-Retirement Benefits	-	12.95	15.21	33.63	33.16	45.06
Long-Term Deferred Tax Liabilities	126.65	139.28	130.5	117.96	144.42	112.59
Other Long-Term Liabilities	97.63	81.48	60.93	39.87	39.33	33.69
Total Liabilities	17,539	16,261	17,203	16,290	14,364	14,314
Common Stock	3,211	3,211	3,211	3,211	3,211	3,211
Additional Paid-In Capital	945.73	943.45	943.45	943.45	943.45	943.45
Retained Earnings	6,104	6,836	6,613	6,017	4,533	5,359
Comprehensive Income & Other	288.24	746.54	881.4	1,166	674.42	1,377
Total Common Equity	10,549	11,737	11,650	11,339	9,363	10,891
Minority Interest	725.58	719.42	699.21	724.79	712.64	716.47
Shareholders' Equity	11,275	12,457	12,349	12,063	10,075	11,608
Total Liabilities & Equity	28,814	28,718	29,551	28,353	24,439	25,922
Total Debt	14,193	14,382	15,249	13,559	12,656	11,846
Net Cash (Debt)	-8,670	-9,129	-10,564	-9,632	-9,972	-8,772
Net Cash Per Share	-27.00	-28.34	-32.79	-29.90	-31.01	-27.63
Filing Date Shares Outstanding	321.15	321.15	321.15	321.15	321.15	321.15
Total Common Shares Outstanding	321.15	321.15	321.15	321.15	321.15	321.15
Working Capital	5,171	6,277	5,916	5,829	3,418	5,133
Book Value Per Share	32.85	36.55	36.27	35.31	29.15	33.91
Tangible Book Value	10,474	11,660	11,610	11,297	9,358	10,891
Tangible Book Value Per Share	32.62	36.31	36.15	35.18	29.14	33.91
Land	-	3,703	3,703	2,544	2,185	2,012
Buildings	-	1,492	1,491	1,461	1,298	1,266
Machinery	-	3,088	2,139	2,013	1,800	1,724
Construction In Progress	-	27.69	4.53	244.3	78.24	204.21
Leasehold Improvements	-	60.84	60.33	57.62	49.29	-

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