Visual Photonics Epitaxy 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	1,457	945	1,176	825.83	752.95	1,210
Cash & Short-Term Investments	1,457	945	1,176	825.83	752.95	1,210
Cash Growth	25.81%	-19.63%	42.38%	9.68%	-37.78%	13.49%
Accounts Receivable	524.37	517.41	380.05	622.33	291.18	584.87
Other Receivables	8.84	1.15	0.62	0.56	0.96	0.64
Receivables	533.2	518.55	380.66	622.89	292.14	585.5
Inventory	652.22	706.05	618.59	504.58	486.61	415.47
Prepaid Expenses	140.1	137.29	108.42	92.13	88.33	91.06
Total Current Assets	2,783	2,307	2,284	2,045	1,620	2,302
Property, Plant & Equipment	2,353	2,323	2,272	2,503	2,722	2,406
Long-Term Investments	6.16	3.8	7.69	11.86	50	-
Other Intangible Assets	7.21	7.87	8.13	7.39	6.14	5.33
Long-Term Deferred Tax Assets	10.95	11.63	7.64	7.63	8.42	8.53
Other Long-Term Assets	234.28	23.79	3.7	2.49	5.44	128.79
Total Assets	5,394	4,677	4,583	4,578	4,412	4,851
Accounts Payable	362.26	391.61	336.88	397.19	175.97	372.49
Accrued Expenses	233.83	236.27	247.87	209.45	253.89	326.26
Short-Term Debt	-	-	-	100	200	480
Current Portion of Leases	3.92	3.96	3.82	3.76	2.81	0.38
Current Income Taxes Payable	103.51	57.97	105.57	39.03	33.09	139.53
Current Unearned Revenue	21.37	46.43	9.28	19.67	22.7	18.42
Other Current Liabilities	49.59	42.07	43.29	30.08	43.71	35.27
Total Current Liabilities	774.49	778.32	746.7	799.18	732.17	1,372
Long-Term Debt	948.37	600	500	700	590	200
Long-Term Leases	4.04	3.6	6.84	9.12	7.15	0.16
Long-Term Deferred Tax Liabilities	0.05	0.04	0.05	0.06	0.06	0.16
Total Liabilities	1,727	1,382	1,254	1,508	1,329	1,573
Common Stock	1,849	1,849	1,849	1,849	1,849	1,849
Additional Paid-In Capital	207.2	29.76	16.74	16.74	16.74	16.74
Retained Earnings	1,657	1,462	1,506	1,242	1,217	1,412
Comprehensive Income & Other	-46.2	-46.2	-42.32	-38.14	-	-
Shareholders' Equity	3,667	3,295	3,329	3,069	3,083	3,278
Total Liabilities & Equity	5,394	4,677	4,583	4,578	4,412	4,851
Total Debt	956.34	607.56	510.65	812.88	799.97	680.54
Net Cash (Debt)	500.92	337.43	665.18	12.96	-47.02	529.67
Net Cash Growth	-33.09%	-49.27%	5034.15%	-	-	85.58%
Net Cash Per Share	2.71	1.83	3.60	0.07	-0.25	2.85
Filing Date Shares Outstanding	184.91	184.91	184.91	184.91	184.91	184.91
Total Common Shares Outstanding	184.91	184.91	184.91	184.91	184.91	184.91
Working Capital	2,008	1,529	1,537	1,246	887.86	929.89
Book Value Per Share	19.83	17.82	18.01	16.60	16.67	17.73
Tangible Book Value	3,660	3,287	3,321	3,062	3,076	3,273
Tangible Book Value Per Share	19.79	17.78	17.96	16.56	16.64	17.70
Land	141	141	141	141	141	141
Buildings	1,450	1,448	1,398	1,377	1,367	1,285
Machinery	5,023	4,888	4,860	4,869	4,611	4,072
Construction In Progress	231.31	266.66	14.83	-	209.73	289.95