Twinhead 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	501.71	490.29	364.91	230.42	236.49
Short-Term Investments	3.77	-	-	-	-
Cash & Short-Term Investments	505.48	490.29	364.91	230.42	236.49
Cash Growth	3.10%	34.36%	58.37%	-2.57%	-6.37%
Accounts Receivable	75.46	76.36	52.83	90.61	70.95
Other Receivables	-	-	-	-	1.22
Receivables	75.46	76.36	52.83	90.61	72.17
Inventory	326.45	298.82	259.7	255.46	212.21
Prepaid Expenses	15.66	16	11.66	9.43	13.45
Total Current Assets	923.04	881.47	689.09	585.91	534.32
Property, Plant & Equipment	332.85	342.05	359.85	302.96	321.29
Long-Term Investments	0.05	0.05	0.05	0.68	1.8
Long-Term Deferred Tax Assets	34.13	35.83	37.17	43.38	43.05
Other Long-Term Assets	227.44	223.39	220.81	223.4	226.44
Total Assets	1,518	1,483	1,307	1,156	1,127
Accounts Payable	137.97	141.43	100.3	110.12	75.64
Accrued Expenses	-	10.21	9.01	8.64	8.11
Short-Term Debt	315	465	552	579	620
Current Portion of Leases	20.42	20.21	19.85	17.07	16.77
Current Unearned Revenue	24.93	71.36	20.05	10.57	6.88
Other Current Liabilities	152.68	119.04	97.96	87.14	82.87
Total Current Liabilities	651	827.25	799.17	812.54	810.27
Long-Term Leases	36.88	48.24	65.52	3.81	17.15
Other Long-Term Liabilities	19.07	14.43	14.07	14.24	13.87
Total Liabilities	706.95	889.92	878.75	830.59	841.29
Common Stock	523.89	402.99	309.99	247.99	247.99
Additional Paid-In Capital	-	0.04	0.04	0.04	-
Retained Earnings	286.66	187.54	124.78	82.58	28.18
Comprehensive Income & Other	29.31	30.98	18.42	14.79	25.21
Total Common Equity	839.86	621.55	453.23	345.39	301.39
Minority Interest	-29.3	-28.69	-25.01	-19.66	-15.79
Shareholders' Equity	810.57	592.86	428.23	325.74	285.61
Total Liabilities & Equity	1,518	1,483	1,307	1,156	1,127
Total Debt	372.3	533.45	637.37	599.88	653.92
Net Cash (Debt)	133.18	-43.16	-272.46	-369.46	-417.43
Net Cash Per Share	2.52	-0.82	-5.19	-7.03	-7.91
Filing Date Shares Outstanding	52.37	52.39	52.39	52.39	52.39
Total Common Shares Outstanding	52.37	52.39	52.39	52.39	52.39
Working Capital	272.04	54.22	-110.08	-226.63	-275.95
Book Value Per Share	16.04	11.86	8.65	6.59	5.75
Tangible Book Value	839.86	621.55	453.23	345.39	301.39
Tangible Book Value Per Share	16.04	11.86	8.65	6.59	5.75
Land	-	115.67	115.67	118.43	118.43
Buildings	-	428.87	427.97	430.84	430.73
Machinery	-	248.74	249.76	298.77	295.63

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