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	Jun '26 Jun 30, 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	1,650	945	1,176	825.83	752.95	1,210
Cash & Short-Term Investments	1,650	945	1,176	825.83	752.95	1,210
Cash Growth	62.33%	-19.63%	42.38%	9.68%	-37.78%	13.49%
Accounts Receivable	550.93	517.41	380.05	622.33	291.18	584.87
Other Receivables	0.82	1.15	0.62	0.56	0.96	0.64
Receivables	551.75	518.55	380.66	622.89	292.14	585.5
Inventory	671.4	706.05	618.59	504.58	486.61	415.47
Prepaid Expenses	150.98	137.29	108.42	92.13	88.33	91.06
Total Current Assets	3,024	2,307	2,284	2,045	1,620	2,302
Property, Plant & Equipment	2,431	2,323	2,272	2,503	2,722	2,406
Long-Term Investments	11.2	3.8	7.69	11.86	50	-
Other Intangible Assets	7.85	7.87	8.13	7.39	6.14	5.33
Long-Term Deferred Tax Assets	11.39	11.63	7.64	7.63	8.42	8.53
Other Long-Term Assets	231.1	23.79	3.7	2.49	5.44	128.79
Total Assets	5,717	4,677	4,583	4,578	4,412	4,851
Accounts Payable	425.07	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	3.5	3.96	3.82	3.76	2.81	0.38
Current Income Taxes Payable	93.74	57.97	105.57	39.03	33.09	139.53
Current Unearned Revenue	39.12	46.43	9.28	19.67	22.7	18.42
Other Current Liabilities	812.17	42.07	43.29	30.08	43.71	35.27
Total Current Liabilities	1,374	778.32	746.7	799.18	732.17	1,372
Long-Term Debt	647.42	600	500	700	590	200
Long-Term Leases	2.57	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	2,024	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	488.72	29.76	16.74	16.74	16.74	16.74
Retained Earnings	1,381	1,462	1,506	1,242	1,217	1,412
Comprehensive Income & Other	-25.43	-46.2	-42.32	-38.14	-	-
Shareholders' Equity	3,693	3,295	3,329	3,069	3,083	3,278
Total Liabilities & Equity	5,717	4,677	4,583	4,578	4,412	4,851
Total Debt	653.48	607.56	510.65	812.88	799.97	680.54
Net Cash (Debt)	996.4	337.43	665.18	12.96	-47.02	529.67
Net Cash Growth	63.97%	-49.27%	5034.15%	-	-	85.58%
Net Cash Per Share	5.30	1.83	3.60	0.07	-0.25	2.85
Filing Date Shares Outstanding	185.73	184.91	184.91	184.91	184.91	184.91
Total Common Shares Outstanding	185.73	184.91	184.91	184.91	184.91	184.91
Working Capital	1,650	1,529	1,537	1,246	887.86	929.89
Book Value Per Share	19.88	17.82	18.01	16.60	16.67	17.73
Tangible Book Value	3,685	3,287	3,321	3,062	3,076	3,273
Tangible Book Value Per Share	19.84	17.78	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