Iron Force Industrial Co., Ltd. (TPE:2228)

Iron Force Industrial 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	758.23	610.29	1,407	1,055	1,034	997.05
Short-Term Investments	400	400	-	-	-	-
Trading Asset Securities	384.38	284.18	260.47	667.44	525.69	586.12
Cash & Short-Term Investments	1,543	1,294	1,667	1,723	1,559	1,583
Cash Growth	-16.99%	-22.35%	-3.22%	10.45%	-1.50%	47.26%
Accounts Receivable	1,359	1,273	1,241	1,124	817.73	956.6
Other Receivables	96.82	207.14	25.98	38.29	24.52	50.17
Receivables	1,455	1,480	1,267	1,163	842.25	1,007
Inventory	1,186	1,208	1,004	1,058	824.21	604.84
Prepaid Expenses	37.2	-	-	57.78	53.64	47.45
Other Current Assets	3.59	52.89	59.74	12.94	11.8	16.26
Total Current Assets	4,224	4,035	3,998	4,014	3,291	3,258
Property, Plant & Equipment	1,937	1,890	1,914	1,889	1,948	2,068
Long-Term Investments	777.98	761.33	-	-	-	-
Other Intangible Assets	32.89	34.85	34.75	26.7	16.56	12.22
Long-Term Deferred Tax Assets	22.64	45.61	76.79	71.45	84.68	70.78
Other Long-Term Assets	91.22	79.87	111.94	111.35	83.12	84.41
Total Assets	7,086	6,846	6,135	6,113	5,423	5,494
Accounts Payable	279.18	273.19	309.74	249.42	155.87	303.15
Accrued Expenses	-	210.51	210.03	194.11	156.15	161.18
Short-Term Debt	-	-	382	484	400	400
Current Portion of Long-Term Debt	-	6.26	6.12	303.41	3.52	4.21
Current Portion of Leases	2.46	2.5	1.45	0.73	0.71	1.03
Current Income Taxes Payable	54.89	43.08	76.09	54.56	7.13	34.96
Current Unearned Revenue	0.02	0.09	2.05	0.89	11.02	5.23
Other Current Liabilities	305.1	175.49	143.45	127.35	126.97	126.39
Total Current Liabilities	641.64	711.12	1,131	1,414	861.37	1,036
Long-Term Debt	310.27	306.42	31.64	25.89	324.7	327.98
Long-Term Leases	4.29	4.78	2.67	0.77	1.01	0.86
Long-Term Deferred Tax Liabilities	572.3	535.21	558.47	463.91	387.58	402.79
Other Long-Term Liabilities	32.97	11	12.56	15.18	12.97	3.5
Total Liabilities	1,561	1,599	1,772	1,949	1,628	1,812
Common Stock	795.31	795.31	757.8	757.8	757.8	757.8
Additional Paid-In Capital	-	1,182	813.47	813.47	813.47	813.47
Retained Earnings	3,628	3,481	3,124	2,918	2,608	2,448
Comprehensive Income & Other	1,101	-211.04	-331.73	-325.9	-383.51	-337.33
Shareholders' Equity	5,525	5,248	4,364	4,164	3,796	3,682
Total Liabilities & Equity	7,086	6,846	6,135	6,113	5,423	5,494
Total Debt	317.02	319.95	423.88	814.8	729.95	734.08
Net Cash (Debt)	1,226	974.51	1,243	907.73	829.54	849.09
Net Cash Growth	-14.39%	-21.61%	36.95%	9.43%	-2.30%	-12.73%
Net Cash Per Share	15.42	12.49	16.38	11.48	10.52	10.85
Filing Date Shares Outstanding	79.55	79.53	75.78	75.78	75.78	75.71
Total Common Shares Outstanding	79.55	79.53	75.78	75.78	75.78	75.71
Working Capital	3,583	3,324	2,867	2,600	2,430	2,222
Book Value Per Share	69.45	65.98	57.58	54.95	50.09	48.63
Tangible Book Value	5,492	5,213	4,329	4,137	3,779	3,669
Tangible Book Value Per Share	69.03	65.54	57.12	54.59	49.87	48.47
Land	-	149.9	149.17	144.82	143.32	148.26
Buildings	-	1,305	1,378	1,360	1,345	1,303
Machinery	-	1,788	1,735	1,666	1,591	1,387
Construction In Progress	-	124.46	71.94	47.01	75.65	256.94

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.