Visual Photonics Epitaxy 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	945	1,176	825.83	752.95	1,210
Cash & Short-Term Investments	945	1,176	825.83	752.95	1,210
Cash Growth	-19.63%	42.38%	9.68%	-37.78%	13.49%
Accounts Receivable	517.41	380.05	622.33	291.18	584.87
Other Receivables	1.15	0.62	0.56	0.96	0.64
Receivables	518.55	380.66	622.89	292.14	585.5
Inventory	706.05	618.59	504.58	486.61	415.47
Prepaid Expenses	137.29	108.42	92.13	88.33	91.06
Total Current Assets	2,307	2,284	2,045	1,620	2,302
Property, Plant & Equipment	2,323	2,272	2,503	2,722	2,406
Long-Term Investments	3.8	7.69	11.86	50	-
Other Intangible Assets	7.87	8.13	7.39	6.14	5.33
Long-Term Deferred Tax Assets	11.63	7.64	7.63	8.42	8.53
Other Long-Term Assets	23.79	3.7	2.49	5.44	128.79
Total Assets	4,677	4,583	4,578	4,412	4,851
Accounts Payable	391.61	336.88	397.19	175.97	372.49
Accrued Expenses	236.27	247.87	209.45	253.89	326.26
Short-Term Debt	-	-	100	200	480
Current Portion of Leases	3.96	3.82	3.76	2.81	0.38
Current Income Taxes Payable	57.97	105.57	39.03	33.09	139.53
Current Unearned Revenue	46.43	9.28	19.67	22.7	18.42
Other Current Liabilities	42.07	43.29	30.08	43.71	35.27
Total Current Liabilities	778.32	746.7	799.18	732.17	1,372
Long-Term Debt	600	500	700	590	200
Long-Term Leases	3.6	6.84	9.12	7.15	0.16
Long-Term Deferred Tax Liabilities	0.04	0.05	0.06	0.06	0.16
Total Liabilities	1,382	1,254	1,508	1,329	1,573
Common Stock	1,849	1,849	1,849	1,849	1,849
Additional Paid-In Capital	29.76	16.74	16.74	16.74	16.74
Retained Earnings	1,462	1,506	1,242	1,217	1,412
Comprehensive Income & Other	-46.2	-42.32	-38.14	-	-
Shareholders' Equity	3,295	3,329	3,069	3,083	3,278
Total Liabilities & Equity	4,677	4,583	4,578	4,412	4,851
Total Debt	607.56	510.65	812.88	799.97	680.54
Net Cash (Debt)	337.43	665.18	12.96	-47.02	529.67
Net Cash Growth	-49.27%	5034.15%	-	-	85.58%
Net Cash Per Share	1.83	3.60	0.07	-0.25	2.85
Filing Date Shares Outstanding	183.89	184.91	184.91	184.91	184.91
Total Common Shares Outstanding	183.89	184.91	184.91	184.91	184.91
Working Capital	1,529	1,537	1,246	887.86	929.89
Book Value Per Share	17.92	18.01	16.60	16.67	17.73
Tangible Book Value	3,287	3,321	3,062	3,076	3,273
Tangible Book Value Per Share	17.87	17.96	16.56	16.64	17.70
Land	141	141	141	141	141
Buildings	1,448	1,398	1,377	1,367	1,285
Machinery	4,888	4,860	4,869	4,611	4,072
Construction In Progress	266.66	14.83	-	209.73	289.95

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