TURVO International 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	1,307	700.02	1,287	1,213	1,393
Short-Term Investments	214.04	478.87	-	-	-
Trading Asset Securities	-	-	-	-	0.06
Cash & Short-Term Investments	1,521	1,179	1,287	1,213	1,393
Cash Growth	29.01%	-8.38%	6.10%	-12.95%	50.62%
Accounts Receivable	812.61	861.27	779.13	681	568.66
Other Receivables	42.55	26.21	15.67	4.1	17.61
Receivables	855.16	887.48	794.8	685.1	586.27
Inventory	840.73	871.98	738.62	898.87	707.86
Prepaid Expenses	47.78	51.66	81.37	50.81	36.38
Other Current Assets	28.03	42.63	41.44	21.91	242.9
Total Current Assets	3,293	3,033	2,943	2,869	2,967
Property, Plant & Equipment	2,381	2,411	1,978	1,615	1,706
Long-Term Investments	737.91	588.28	-	-	-
Other Intangible Assets	20.23	12.07	10.31	8.27	6.26
Long-Term Deferred Tax Assets	17.99	15.68	14.52	15.49	16.35
Other Long-Term Assets	174.87	27.56	221.16	474.45	231.7
Total Assets	6,625	6,087	5,167	4,983	4,927
Accounts Payable	320.24	373.75	453.15	338.57	318.14
Accrued Expenses	-	252.75	178.14	216.2	195.47
Short-Term Debt	1,255	448	-	-	433.69
Current Portion of Long-Term Debt	-	83.53	108.53	128.45	59.64
Current Portion of Leases	51.19	33.9	19.12	48.03	44.71
Current Income Taxes Payable	61.93	97.29	85.89	194.17	106.12
Current Unearned Revenue	1.06	0.42	0.3	0.94	0.27
Other Current Liabilities	403.13	146.74	138.74	106.83	97.32
Total Current Liabilities	2,093	1,436	983.87	1,033	1,255
Long-Term Debt	339.13	448.18	531.7	397.91	317.76
Long-Term Leases	105.24	97.8	19.32	44.49	84.08
Long-Term Deferred Tax Liabilities	121.92	49.18	48.36	57.97	130.08
Other Long-Term Liabilities	0.27	0.55	0.26	1.31	1.31
Total Liabilities	2,659	2,032	1,584	1,535	1,789
Common Stock	602.88	602.88	602.88	602.88	602.88
Additional Paid-In Capital	818.22	818.22	818.22	818.22	962.91
Retained Earnings	2,645	2,664	2,322	2,150	1,708
Comprehensive Income & Other	-105.8	-37.65	-170.11	-137.35	-157.9
Total Common Equity	3,961	4,047	3,573	3,434	3,116
Minority Interest	4.33	7.93	10.39	14.3	21.87
Shareholders' Equity	3,965	4,055	3,584	3,448	3,138
Total Liabilities & Equity	6,625	6,087	5,167	4,983	4,927
Total Debt	1,751	1,111	678.67	618.88	939.87
Net Cash (Debt)	-230.05	67.49	608.06	593.9	453.32
Net Cash Growth	-	-88.90%	2.38%	31.01%	54.77%
Net Cash Per Share	-3.81	1.12	10.05	9.81	7.50
Filing Date Shares Outstanding	60.19	60.29	60.29	60.29	60.29
Total Common Shares Outstanding	60.19	60.29	60.29	60.29	60.29
Working Capital	1,200	1,596	1,959	1,836	1,711
Book Value Per Share	65.81	67.13	59.27	56.96	51.69
Tangible Book Value	3,941	4,035	3,563	3,425	3,110
Tangible Book Value Per Share	65.47	66.93	59.10	56.82	51.59
Land	-	11.51	11.16	11.11	10.76
Buildings	-	1,116	861.71	274.56	270.68
Machinery	-	3,084	2,773	2,784	2,626
Construction In Progress	-	20.06	30.28	21.84	22.04
Leasehold Improvements	-	117.97	121.55	118.8	114.65

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