TURVO International Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,126	700.02	1,287	1,213	1,393	920.28
Short-Term Investments	260.15	478.87	-	-	-	-
Trading Asset Securities	-	-	-	-	0.06	4.7
Cash & Short-Term Investments	1,386	1,179	1,287	1,213	1,393	924.98
Cash Growth	34.80%	-8.38%	6.10%	-12.95%	50.62%	7.07%
Accounts Receivable	829.98	861.27	779.13	681	568.66	697.96
Other Receivables	34.26	26.21	15.67	4.1	17.61	6.56
Receivables	864.24	887.48	794.8	685.1	586.27	704.52
Inventory	818.62	871.98	738.62	898.87	707.86	561.39
Prepaid Expenses	61.53	51.66	81.37	50.81	36.38	24.84
Other Current Assets	81.15	42.63	41.44	21.91	242.9	254
Total Current Assets	3,211	3,033	2,943	2,869	2,967	2,470
Property, Plant & Equipment	2,374	2,411	1,978	1,615	1,706	1,703
Long-Term Investments	707.44	588.28	-	-	-	-
Other Intangible Assets	20.82	12.07	10.31	8.27	6.26	6.4
Long-Term Deferred Tax Assets	17.93	15.68	14.52	15.49	16.35	51.78
Other Long-Term Assets	44.88	27.56	221.16	474.45	231.7	50.85
Total Assets	6,376	6,087	5,167	4,983	4,927	4,282
Accounts Payable	336.59	373.75	453.15	338.57	318.14	305.94
Accrued Expenses	142.12	252.75	178.14	216.2	195.47	173.75
Short-Term Debt	1,188	448	-	-	433.69	407.05
Current Portion of Long-Term Debt	101.39	83.53	108.53	128.45	59.64	8
Current Portion of Leases	47.68	33.9	19.12	48.03	44.71	43.57
Current Income Taxes Payable	53.24	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	193.44	146.74	138.74	106.83	97.32	84.3
Total Current Liabilities	2,063	1,436	983.87	1,033	1,255	1,097
Long-Term Debt	367.66	448.18	531.7	397.91	317.76	49.11
Long-Term Leases	111.1	97.8	19.32	44.49	84.08	124.34
Long-Term Deferred Tax Liabilities	80.09	49.18	48.36	57.97	130.08	170.08
Other Long-Term Liabilities	0.26	0.55	0.26	1.31	1.31	1.31
Total Liabilities	2,622	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	2,544	2,664	2,322	2,150	1,708	1,286
Treasury Stock	-	-	-	-	-	-9.92
Comprehensive Income & Other	-216.3	-37.65	-170.11	-137.35	-157.9	-146.68
Total Common Equity	3,749	4,047	3,573	3,434	3,116	2,800
Minority Interest	5.15	7.93	10.39	14.3	21.87	39.01
Shareholders' Equity	3,754	4,055	3,584	3,448	3,138	2,839
Total Liabilities & Equity	6,376	6,087	5,167	4,983	4,927	4,282
Total Debt	1,816	1,111	678.67	618.88	939.87	632.07
Net Cash (Debt)	-430.26	67.49	608.06	593.9	453.32	292.91
Net Cash Growth	-	-88.90%	2.38%	31.01%	54.77%	-12.90%
Net Cash Per Share	-7.13	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	1,149	1,596	1,959	1,836	1,711	1,372
Book Value Per Share	62.18	67.13	59.27	56.96	51.69	46.52
Tangible Book Value	3,728	4,035	3,563	3,425	3,110	2,794
Tangible Book Value Per Share	61.84	66.93	59.10	56.82	51.59	46.42
Land	11.42	11.51	11.16	11.11	10.76	11.48
Buildings	1,142	1,116	861.71	274.56	270.68	278.73
Machinery	2,991	3,084	2,773	2,784	2,626	2,406
Construction In Progress	23.74	20.06	30.28	21.84	22.04	23.31
Leasehold Improvements	113.38	117.97	121.55	118.8	114.65	99.18

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