TURVO International Co., Ltd. (TPE:2233)

TURVO International 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	914.24	700.02	1,287	1,213	1,393	920.28
Short-Term Investments	477.79	478.87	-	-	-	-
Trading Asset Securities	-	-	-	-	0.06	4.7
Cash & Short-Term Investments	1,392	1,179	1,287	1,213	1,393	924.98
Cash Growth	-9.05%	-8.38%	6.10%	-12.95%	50.62%	7.07%
Accounts Receivable	829.22	861.27	779.13	681	568.66	697.96
Other Receivables	28.86	26.21	15.67	4.1	17.61	6.56
Receivables	858.08	887.48	794.8	685.1	586.27	704.52
Inventory	819.58	871.98	738.62	898.87	707.86	561.39
Prepaid Expenses	49.03	51.66	81.37	50.81	36.38	24.84
Other Current Assets	72.44	42.63	41.44	21.91	242.9	254
Total Current Assets	3,191	3,033	2,943	2,869	2,967	2,470
Property, Plant & Equipment	2,326	2,411	1,978	1,615	1,706	1,703
Long-Term Investments	538.85	588.28	-	-	-	-
Other Intangible Assets	14.13	12.07	10.31	8.27	6.26	6.4
Long-Term Deferred Tax Assets	18.33	15.68	14.52	15.49	16.35	51.78
Other Long-Term Assets	45.18	27.56	221.16	474.45	231.7	50.85
Total Assets	6,133	6,087	5,167	4,983	4,927	4,282
Accounts Payable	371.03	373.75	453.15	338.57	318.14	305.94
Accrued Expenses	179.58	252.75	178.14	216.2	195.47	173.75
Short-Term Debt	629	448	-	-	433.69	407.05
Current Portion of Long-Term Debt	93.74	83.53	108.53	128.45	59.64	8
Current Portion of Leases	44.78	33.9	19.12	48.03	44.71	43.57
Current Income Taxes Payable	80.61	97.29	85.89	194.17	106.12	73.85
Current Unearned Revenue	-	0.42	0.3	0.94	0.27	1.04
Other Current Liabilities	596.59	146.74	138.74	106.83	97.32	84.3
Total Current Liabilities	1,995	1,436	983.87	1,033	1,255	1,097
Long-Term Debt	396.2	448.18	531.7	397.91	317.76	49.11
Long-Term Leases	107.33	97.8	19.32	44.49	84.08	124.34
Long-Term Deferred Tax Liabilities	47.96	49.18	48.36	57.97	130.08	170.08
Other Long-Term Liabilities	0.25	0.55	0.26	1.31	1.31	1.31
Total Liabilities	2,547	2,032	1,584	1,535	1,789	1,442
Common Stock	602.88	602.88	602.88	602.88	602.88	602.88
Additional Paid-In Capital	818.22	818.22	818.22	818.22	962.91	1,068
Retained Earnings	2,441	2,664	2,322	2,150	1,708	1,286
Treasury Stock	-	-	-	-	-	-9.92
Comprehensive Income & Other	-281.41	-37.65	-170.11	-137.35	-157.9	-146.68
Total Common Equity	3,581	4,047	3,573	3,434	3,116	2,800
Minority Interest	5.9	7.93	10.39	14.3	21.87	39.01
Shareholders' Equity	3,586	4,055	3,584	3,448	3,138	2,839
Total Liabilities & Equity	6,133	6,087	5,167	4,983	4,927	4,282
Total Debt	1,271	1,111	678.67	618.88	939.87	632.07
Net Cash (Debt)	120.98	67.49	608.06	593.9	453.32	292.91
Net Cash Growth	-83.28%	-88.90%	2.38%	31.01%	54.77%	-12.90%
Net Cash Per Share	2.00	1.12	10.05	9.81	7.50	4.85
Filing Date Shares Outstanding	60.29	60.29	60.29	60.29	60.29	60.2
Total Common Shares Outstanding	60.29	60.29	60.29	60.29	60.29	60.2
Working Capital	1,196	1,596	1,959	1,836	1,711	1,372
Book Value Per Share	59.39	67.13	59.27	56.96	51.69	46.52
Tangible Book Value	3,566	4,035	3,563	3,425	3,110	2,794
Tangible Book Value Per Share	59.16	66.93	59.10	56.82	51.59	46.42
Land	11.29	11.51	11.16	11.11	10.76	11.48
Buildings	1,140	1,116	861.71	274.56	270.68	278.73
Machinery	2,905	3,084	2,773	2,784	2,626	2,406
Construction In Progress	31.53	20.06	30.28	21.84	22.04	23.31
Leasehold Improvements	109.5	117.97	121.55	118.8	114.65	99.18

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.