Formosan Rubber Group Inc. (TPE:2107)

Formosan Rubber Group Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	665.08	710.7	648.13	1,819	2,012	1,371
Short-Term Investments	5,542	6,404	5,646	4,385	4,311	3,035
Trading Asset Securities	301.85	37.4	64.64	16.96	18.95	72.28
Cash & Short-Term Investments	6,509	7,152	6,359	6,222	6,343	4,479
Cash Growth	-6.40%	12.47%	2.21%	-1.91%	41.61%	20.80%
Accounts Receivable	128.99	143.12	139.57	155.69	145.05	239.43
Other Receivables	145.94	38.6	50.96	39.18	0.77	16.63
Receivables	274.92	181.72	190.53	194.86	145.82	256.07
Inventory	2,738	2,755	2,953	3,120	2,328	3,151
Prepaid Expenses	47.88	37.52	54.56	52.35	46.14	61.23
Other Current Assets	626.25	1.06	0.97	1.09	0.81	1.2
Total Current Assets	10,196	10,128	9,558	9,590	8,863	7,948
Property, Plant & Equipment	739.9	748.91	778.83	825.99	845.17	889.68
Long-Term Investments	983.62	892.23	949.61	585.6	632.63	624.74
Long-Term Deferred Tax Assets	87.73	79.99	55.18	32.87	53.59	56.38
Other Long-Term Assets	3,351	3,279	2,943	2,725	2,721	2,738
Total Assets	15,358	15,128	14,285	13,759	13,115	12,257
Accounts Payable	109.62	105.21	115.78	126.04	128.61	91.95
Short-Term Debt	1,455	1,225	1,330	1,280	574.88	359.99
Current Portion of Long-Term Debt	216.36	198	-	-	-	-
Current Portion of Leases	7.47	7.42	7.65	5.78	5.07	5.01
Current Income Taxes Payable	46.37	40.98	35.26	76.36	16.3	10.49
Current Unearned Revenue	-	6.05	-	-	50.22	197.16
Other Current Liabilities	610.42	145.98	151.16	159.45	155.15	153.74
Total Current Liabilities	2,445	1,728	1,640	1,648	930.24	818.34
Long-Term Leases	14.95	16.65	24.07	27.47	31.61	36.67
Long-Term Deferred Tax Liabilities	185.89	191.91	170.95	170.41	168.44	173.31
Other Long-Term Liabilities	52.68	48.67	45.69	48.64	44.52	43.46
Total Liabilities	2,699	1,987	1,883	1,897	1,178	1,075
Common Stock	3,036	3,036	3,036	3,373	3,423	3,423
Additional Paid-In Capital	449.75	449.75	449.75	449.75	456.34	456.34
Retained Earnings	8,433	8,529	7,983	7,771	7,513	7,245
Comprehensive Income & Other	741.04	1,127	933.41	268.31	544.83	57.35
Total Common Equity	12,660	13,141	12,402	11,863	11,938	11,182
Shareholders' Equity	12,660	13,141	12,402	11,863	11,938	11,182
Total Liabilities & Equity	15,358	15,128	14,285	13,759	13,115	12,257
Total Debt	1,694	1,447	1,362	1,313	611.56	401.68
Net Cash (Debt)	4,816	5,705	4,997	4,908	5,731	4,077
Net Cash Growth	-10.11%	14.17%	1.81%	-14.36%	40.57%	69.80%
Net Cash Per Share	15.92	18.77	15.44	16.01	18.58	13.14
Filing Date Shares Outstanding	302	303.59	303.59	303.59	308.09	308.09
Total Common Shares Outstanding	302	303.59	303.59	303.59	308.09	308.09
Working Capital	7,751	8,399	7,918	7,942	7,933	7,130
Book Value Per Share	41.92	43.28	40.85	39.07	38.75	36.30
Tangible Book Value	12,660	13,141	12,402	11,863	11,938	11,182
Tangible Book Value Per Share	41.92	43.28	40.85	39.07	38.75	36.30
Land	-	419.98	419.98	444.03	444.03	444.03
Buildings	-	596.67	602.86	599.7	580.51	579.22
Machinery	-	976.77	985.14	969.09	963.63	957.12
Construction In Progress	-	0.1	-	0.37	-	-

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.