Hotai Motor 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	33,822	23,971	18,969	23,143	15,630	25,814
Short-Term Investments	5,625	5,685	4,159	3,236	3,446	3,117
Trading Asset Securities	8,206	7,770	7,509	6,895	5,038	7,747
Cash & Short-Term Investments	47,653	37,427	30,636	33,275	24,114	36,677
Cash Growth	38.00%	22.17%	-7.93%	37.99%	-34.26%	36.25%
Accounts Receivable	299,100	300,326	300,832	286,235	237,986	190,564
Other Receivables	3,380	3,523	3,466	2,802	2,109	2,025
Receivables	302,481	303,850	304,298	289,037	240,095	192,590
Inventory	17,163	20,626	23,806	20,815	16,978	13,304
Prepaid Expenses	3,063	3,107	3,861	4,700	4,936	4,610
Other Current Assets	1,417	5,764	5,589	4,589	3,306	2,409
Total Current Assets	371,776	370,774	368,191	352,416	289,429	249,590
Property, Plant & Equipment	79,015	79,519	76,027	69,492	64,185	57,056
Long-Term Investments	37,567	37,415	36,736	33,451	28,379	29,109
Goodwill	233.11	233.11	69.6	56.81	-	662.32
Other Intangible Assets	2,504	2,445	696.14	616.06	184.66	635.42
Long-Term Accounts Receivable	16,182	16,667	15,704	13,491	8,464	4,083
Long-Term Deferred Tax Assets	4,487	4,338	3,671	3,847	4,100	1,976
Other Long-Term Assets	13,387	9,634	9,465	12,510	11,821	6,502
Total Assets	525,152	521,025	510,560	485,880	406,561	349,613
Accounts Payable	13,964	11,674	14,362	15,102	12,255	9,577
Accrued Expenses	7,707	8,399	8,100	7,873	7,117	7,503
Short-Term Debt	271,198	278,896	273,654	249,581	219,974	171,628
Current Portion of Long-Term Debt	33,890	23,370	33,885	36,480	24,893	14,157
Current Portion of Leases	473.44	526.98	614.14	464.22	573.27	422.69
Current Income Taxes Payable	5,413	4,099	2,323	1,562	1,447	3,672
Current Unearned Revenue	8,964	1,531	1,363	1,450	1,518	1,371
Other Current Liabilities	27,484	27,397	26,769	26,733	33,805	20,048
Total Current Liabilities	369,093	355,894	361,071	339,245	301,581	228,380
Long-Term Debt	1,403	8,733	5,174	20,436	12,399	4,737
Long-Term Leases	2,271	2,267	1,984	1,743	1,808	1,702
Long-Term Deferred Tax Liabilities	5,189	5,133	4,597	4,398	4,230	3,822
Other Long-Term Liabilities	20,876	25,242	23,611	19,620	16,971	16,506
Total Liabilities	408,818	397,269	396,438	385,442	336,989	255,147
Common Stock	5,571	5,571	5,571	5,571	5,462	5,462
Additional Paid-In Capital	2,919	2,919	2,871	2,897	2,898	2,807
Retained Earnings	64,624	70,959	63,147	53,730	32,100	62,253
Comprehensive Income & Other	6,108	6,709	6,694	4,028	1,305	3,249
Total Common Equity	79,222	86,158	78,284	66,226	41,765	73,771
Minority Interest	37,112	37,598	35,838	34,212	27,807	20,695
Shareholders' Equity	116,334	123,756	114,122	100,438	69,572	94,466
Total Liabilities & Equity	525,152	521,025	510,560	485,880	406,561	349,613
Total Debt	309,236	313,793	315,311	308,704	259,646	192,647
Net Cash (Debt)	-261,582	-276,366	-284,675	-275,429	-235,533	-155,970
Net Cash Per Share	-469.12	-495.65	-510.60	-494.10	-422.78	-279.77
Filing Date Shares Outstanding	557.1	557.1	557.1	557.1	557.1	557.1
Total Common Shares Outstanding	557.1	557.1	557.1	557.1	557.1	557.1
Working Capital	2,683	14,880	7,119	13,172	-12,153	21,210
Book Value Per Share	142.20	154.65	140.52	118.88	74.97	132.42
Tangible Book Value	76,486	83,480	77,518	65,554	41,580	72,473
Tangible Book Value Per Share	137.29	149.85	139.15	117.67	74.64	130.09
Land	11,992	11,835	11,748	11,647	12,483	11,272
Buildings	11,630	9,980	7,699	7,398	6,096	5,954
Machinery	9,255	8,883	7,674	5,806	3,607	2,914
Construction In Progress	341.32	1,631	2,392	1,350	2,128	1,197
Leasehold Improvements	944.75	978.36	936.37	846.69	779.79	777.14