Iron Force Industrial 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	759.83	610.29	1,407	1,055	1,034
Short-Term Investments	79	400	-	-	-
Trading Asset Securities	175.75	284.18	260.47	667.44	525.69
Cash & Short-Term Investments	1,015	1,294	1,667	1,723	1,559
Cash Growth	-21.62%	-22.35%	-3.22%	10.45%	-1.50%
Accounts Receivable	1,244	1,273	1,241	1,124	817.73
Other Receivables	48.61	207.14	25.98	38.29	24.52
Receivables	1,293	1,480	1,267	1,163	842.25
Inventory	1,239	1,208	1,004	1,058	824.21
Prepaid Expenses	-	-	-	57.78	53.64
Other Current Assets	195.73	52.89	59.74	12.94	11.8
Total Current Assets	3,742	4,035	3,998	4,014	3,291
Property, Plant & Equipment	2,001	1,890	1,914	1,889	1,948
Long-Term Investments	853.41	761.33	-	-	-
Other Intangible Assets	24.03	34.85	34.75	26.7	16.56
Long-Term Deferred Tax Assets	31.95	45.61	76.79	71.45	84.68
Other Long-Term Assets	81.86	79.87	111.94	111.35	83.12
Total Assets	6,735	6,846	6,135	6,113	5,423
Accounts Payable	305.88	273.19	309.74	249.42	155.87
Accrued Expenses	214.99	210.51	210.03	194.11	156.15
Short-Term Debt	-	-	382	484	400
Current Portion of Long-Term Debt	8.57	6.26	6.12	303.41	3.52
Current Portion of Leases	11.13	2.5	1.45	0.73	0.71
Current Income Taxes Payable	50.38	43.08	76.09	54.56	7.13
Current Unearned Revenue	0.09	0.09	2.05	0.89	11.02
Other Current Liabilities	149.45	175.49	143.45	127.35	126.97
Total Current Liabilities	740.48	711.12	1,131	1,414	861.37
Long-Term Debt	289.52	306.42	31.64	25.89	324.7
Long-Term Leases	97.96	4.78	2.67	0.77	1.01
Pension & Post-Retirement Benefits	29.49	30.25	35.52	28.62	39.97
Long-Term Deferred Tax Liabilities	541.03	535.21	558.47	463.91	387.58
Other Long-Term Liabilities	7.98	11	12.56	15.18	12.97
Total Liabilities	1,706	1,599	1,772	1,949	1,628
Common Stock	797.8	795.31	757.8	757.8	757.8
Additional Paid-In Capital	1,200	1,182	813.47	813.47	813.47
Retained Earnings	3,180	3,481	3,124	2,918	2,608
Comprehensive Income & Other	-148.77	-211.04	-331.73	-325.9	-383.51
Shareholders' Equity	5,029	5,248	4,364	4,164	3,796
Total Liabilities & Equity	6,735	6,846	6,135	6,113	5,423
Total Debt	407.17	319.95	423.88	814.8	729.95
Net Cash (Debt)	607.41	974.51	1,243	907.73	829.54
Net Cash Growth	-37.67%	-21.61%	36.95%	9.43%	-2.30%
Net Cash Per Share	7.31	12.49	16.38	11.48	10.52
Filing Date Shares Outstanding	79.78	79.53	75.78	75.78	75.78
Total Common Shares Outstanding	79.78	79.53	75.78	75.78	75.78
Working Capital	3,002	3,324	2,867	2,600	2,430
Book Value Per Share	63.03	65.98	57.58	54.95	50.09
Tangible Book Value	5,004	5,213	4,329	4,137	3,779
Tangible Book Value Per Share	62.73	65.54	57.12	54.59	49.87
Land	155.05	149.9	149.17	144.82	143.32
Buildings	1,340	1,305	1,378	1,360	1,345
Machinery	1,950	1,788	1,735	1,666	1,591
Construction In Progress	74.48	124.46	71.94	47.01	75.65

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