Twinhead 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	599.06	501.71	490.29	364.91	230.42	236.49
Short-Term Investments	3.88	3.77	-	-	-	-
Cash & Short-Term Investments	602.94	505.48	490.29	364.91	230.42	236.49
Cash Growth	23.34%	3.10%	34.36%	58.37%	-2.57%	-6.37%
Accounts Receivable	75.96	75.46	76.36	52.83	90.61	70.95
Other Receivables	-	-	-	-	-	1.22
Receivables	75.96	75.46	76.36	52.83	90.61	72.17
Inventory	467.61	326.45	298.82	259.7	255.46	212.21
Prepaid Expenses	18.5	15.66	16	11.66	9.43	13.45
Total Current Assets	1,165	923.04	881.47	689.09	585.91	534.32
Property, Plant & Equipment	330.24	332.85	342.05	359.85	302.96	321.29
Long-Term Investments	0.05	0.05	0.05	0.05	0.68	1.8
Long-Term Deferred Tax Assets	34.16	34.13	35.83	37.17	43.38	43.05
Other Long-Term Assets	226.09	227.44	223.39	220.81	223.4	226.44
Total Assets	1,756	1,518	1,483	1,307	1,156	1,127
Accounts Payable	265.71	137.97	141.43	100.3	110.12	75.64
Accrued Expenses	-	-	-	-	8.64	8.11
Short-Term Debt	350	315	465	552	579	620
Current Portion of Leases	20.67	20.42	20.21	19.85	17.07	16.77
Current Unearned Revenue	78.03	24.93	71.36	20.05	10.57	6.88
Other Current Liabilities	236.08	152.68	129.25	106.97	87.14	82.87
Total Current Liabilities	950.49	651	827.25	799.17	812.54	810.27
Long-Term Leases	32.86	36.88	48.24	65.52	3.81	17.15
Other Long-Term Liabilities	20.34	19.07	14.43	14.07	14.24	13.87
Total Liabilities	1,004	706.95	889.92	878.75	830.59	841.29
Common Stock	523.89	523.89	402.99	309.99	247.99	247.99
Additional Paid-In Capital	0.04	0.04	0.04	0.04	0.04	-
Retained Earnings	225.53	286.66	187.54	124.78	82.58	28.18
Comprehensive Income & Other	31.79	29.28	30.98	18.42	14.79	25.21
Total Common Equity	781.24	839.86	621.55	453.23	345.39	301.39
Minority Interest	-29.39	-29.3	-28.69	-25.01	-19.66	-15.79
Shareholders' Equity	751.86	810.57	592.86	428.23	325.74	285.61
Total Liabilities & Equity	1,756	1,518	1,483	1,307	1,156	1,127
Total Debt	403.53	372.3	533.45	637.37	599.88	653.92
Net Cash (Debt)	199.41	133.18	-43.16	-272.46	-369.46	-417.43
Net Cash Per Share	3.79	2.53	-0.82	-5.19	-7.03	-7.91
Filing Date Shares Outstanding	52.59	52.39	52.39	52.39	52.39	52.39
Total Common Shares Outstanding	52.59	52.39	52.39	52.39	52.39	52.39
Working Capital	214.52	272.04	54.22	-110.08	-226.63	-275.95
Book Value Per Share	14.86	16.03	11.86	8.65	6.59	5.75
Tangible Book Value	781.24	839.86	621.55	453.23	345.39	301.39
Tangible Book Value Per Share	14.86	16.03	11.86	8.65	6.59	5.75
Land	-	115.67	115.67	115.67	118.43	118.43
Buildings	-	431.24	428.87	427.97	430.84	430.73
Machinery	-	239.67	248.74	249.76	298.77	295.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.