TURVO International Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,040	1,307	700.02	1,287	1,213	1,393
Short-Term Investments	1,372	212.7	478.87	-	-	-
Trading Asset Securities	-	-	-	-	-	0.06
Cash & Short-Term Investments	2,412	1,520	1,179	1,287	1,213	1,393
Cash Growth	82.42%	28.90%	-8.38%	6.10%	-12.95%	50.62%
Accounts Receivable	852.94	812.61	861.27	779.13	681	568.66
Other Receivables	41.27	42.55	26.21	15.67	4.1	17.61
Receivables	894.2	855.16	887.48	794.8	685.1	586.27
Inventory	814.33	840.73	871.98	738.62	898.87	707.86
Prepaid Expenses	56.21	47.78	51.66	81.37	50.81	36.38
Other Current Assets	28.1	29.38	42.63	41.44	21.91	242.9
Total Current Assets	4,205	3,293	3,033	2,943	2,869	2,967
Property, Plant & Equipment	2,513	2,381	2,411	1,978	1,615	1,706
Long-Term Investments	280.34	737.91	588.28	-	-	-
Other Intangible Assets	19.3	20.23	12.07	10.31	8.27	6.26
Long-Term Deferred Tax Assets	18.48	17.99	15.68	14.52	15.49	16.35
Other Long-Term Assets	85.34	174.87	27.56	221.16	474.45	231.7
Total Assets	7,121	6,625	6,087	5,167	4,983	4,927
Accounts Payable	307.68	320.24	373.75	453.15	338.57	318.14
Accrued Expenses	155.25	168.11	252.75	178.14	216.2	195.47
Short-Term Debt	202.92	1,255	448	-	-	433.69
Current Portion of Long-Term Debt	114.16	109.05	83.53	108.53	128.45	59.64
Current Portion of Leases	48.97	51.19	33.9	19.12	48.03	44.71
Current Income Taxes Payable	70.69	61.93	97.29	85.89	194.17	106.12
Current Unearned Revenue	0.12	1.06	0.42	0.3	0.94	0.27
Other Current Liabilities	356.02	125.96	146.74	138.74	106.83	97.32
Total Current Liabilities	1,256	2,093	1,436	983.87	1,033	1,255
Long-Term Debt	1,536	339.13	448.18	531.7	397.91	317.76
Long-Term Leases	158.85	105.24	97.8	19.32	44.49	84.08
Long-Term Deferred Tax Liabilities	155.36	121.92	49.18	48.36	57.97	130.08
Other Long-Term Liabilities	0.21	0.27	0.55	0.26	1.31	1.31
Total Liabilities	3,107	2,659	2,032	1,584	1,535	1,789
Common Stock	602.88	602.88	602.88	602.88	602.88	602.88
Additional Paid-In Capital	907.81	818.22	818.22	818.22	818.22	962.91
Retained Earnings	2,500	2,645	2,664	2,322	2,150	1,708
Comprehensive Income & Other	-11.6	-105.8	-37.65	-170.11	-137.35	-157.9
Total Common Equity	3,999	3,961	4,047	3,573	3,434	3,116
Minority Interest	15.56	4.33	7.93	10.39	14.3	21.87
Shareholders' Equity	4,015	3,965	4,055	3,584	3,448	3,138
Total Liabilities & Equity	7,121	6,625	6,087	5,167	4,983	4,927
Total Debt	2,061	1,860	1,111	678.67	618.88	939.87
Net Cash (Debt)	350.86	-340.44	67.49	608.06	593.9	453.32
Net Cash Growth	182.93%	-	-88.90%	2.38%	31.01%	54.77%
Net Cash Per Share	5.72	-5.64	1.12	10.05	9.81	7.50
Filing Date Shares Outstanding	60.29	60.29	60.29	60.29	60.29	60.29
Total Common Shares Outstanding	60.29	60.29	60.29	60.29	60.29	60.29
Working Capital	2,949	1,200	1,596	1,959	1,836	1,711
Book Value Per Share	66.33	65.70	67.13	59.27	56.96	51.69
Tangible Book Value	3,980	3,941	4,035	3,563	3,425	3,110
Tangible Book Value Per Share	66.01	65.36	66.93	59.10	56.82	51.59
Land	7.85	11.75	11.51	11.16	11.11	10.76
Buildings	1,093	1,150	1,116	861.71	274.56	270.68
Machinery	3,155	3,123	3,084	2,773	2,784	2,626
Construction In Progress	14.58	11.61	20.06	30.28	21.84	22.04
Leasehold Improvements	123.09	118.68	117.97	121.55	118.8	114.65