Evergreen Marine Corporation (Taiwan) Ltd. (TPE: 2603)

Evergreen Marine Corporation (Taiwan) Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	222,921	170,230	392,346	107,792	44,096	37,872
Short-Term Investments	21,134	21,167	42,480	91,025	6,769	1,728
Trading Asset Securities	9.65	460.27	-	-	-	-
Cash & Short-Term Investments	244,065	191,857	434,826	198,817	50,865	39,600
Cash Growth	-2.32%	-55.88%	118.71%	290.87%	28.45%	3.58%
Accounts Receivable	36,675	22,144	27,550	46,064	24,960	16,583
Other Receivables	3,245	4,013	1,670	673.2	464.69	686.29
Receivables	39,920	26,157	29,993	47,426	26,152	17,992
Inventory	10,558	10,117	7,705	5,838	2,932	4,548
Prepaid Expenses	2,240	2,293	1,737	1,503	1,562	1,500
Other Current Assets	3,942	7,716	9,673	29,531	4,326	2,411
Total Current Assets	300,725	238,140	483,935	283,115	85,838	66,050
Property, Plant & Equipment	436,676	382,546	316,301	255,012	194,832	191,018
Long-Term Investments	37,830	40,375	45,436	38,665	31,678	31,471
Other Intangible Assets	938.96	1,130	1,341	1,271	1,552	1,930
Long-Term Accounts Receivable	3.49	4.15	-	-	-	-
Long-Term Deferred Tax Assets	1,076	939.02	849.46	857.25	664.19	1,035
Other Long-Term Assets	84,165	68,697	39,650	32,106	19,657	15,091
Total Assets	861,415	731,831	887,512	611,026	334,221	306,596
Accounts Payable	41,358	35,642	46,228	30,375	20,567	16,581
Short-Term Debt	10.04	9.53	9.84	9.01	9.25	524.74
Current Portion of Long-Term Debt	8,052	10,695	6,820	13,147	22,202	22,842
Current Portion of Leases	17,952	14,603	12,974	17,270	10,368	10,937
Current Income Taxes Payable	12,971	14,039	60,213	12,362	1,436	841.27
Current Unearned Revenue	13,627	7,642	7,444	13,530	3,677	2,214
Other Current Liabilities	43,919	29,120	31,190	22,398	14,232	9,511
Total Current Liabilities	137,889	111,750	164,879	109,093	72,491	63,450
Long-Term Debt	36,515	31,666	38,180	46,411	89,820	93,860
Long-Term Leases	105,188	108,702	93,817	81,678	63,803	70,295
Long-Term Unearned Revenue	113.42	105.14	119.11	120.87	1.59	3.5
Long-Term Deferred Tax Liabilities	11,495	3,119	2,844	11,676	2,872	2,027
Other Long-Term Liabilities	868.18	899.21	818.02	468.15	315.19	337.01
Total Liabilities	297,447	261,036	304,962	253,705	232,727	233,001
Common Stock	21,543	21,164	21,164	52,908	48,980	48,130
Additional Paid-In Capital	19,653	17,093	15,968	15,762	12,433	11,407
Retained Earnings	473,381	385,923	498,727	259,260	33,449	9,374
Comprehensive Income & Other	23,707	15,719	16,355	-1,146	-581.41	1,135
Total Common Equity	538,285	439,899	552,214	326,785	94,282	70,046
Minority Interest	25,683	30,896	30,336	30,537	7,213	3,549
Shareholders' Equity	563,968	470,795	582,550	357,322	101,494	73,595
Total Liabilities & Equity	861,415	731,831	887,512	611,026	334,221	306,596
Total Debt	167,717	165,675	151,801	158,516	186,201	198,458
Net Cash (Debt)	76,348	26,182	283,025	40,301	-135,336	-158,858
Net Cash Growth	30.76%	-90.75%	602.27%	-	-	-
Net Cash Per Share	35.52	12.15	73.01	19.06	-68.81	-87.54
Filing Date Shares Outstanding	2,156	2,116	2,116	2,116	1,959	1,925
Total Common Shares Outstanding	2,156	2,116	2,116	2,116	1,959	1,925
Working Capital	162,837	126,390	319,056	174,022	13,347	2,601
Book Value Per Share	249.65	207.85	260.92	154.41	48.12	36.38
Tangible Book Value	537,346	438,769	550,873	325,513	92,729	68,116
Tangible Book Value Per Share	249.21	207.32	260.29	153.81	47.33	35.38
Land	5,518	4,762	2,467	863.13	879.9	823.38
Buildings	10,350	9,453	6,660	6,351	7,581	7,590
Machinery	409,534	348,871	301,005	219,106	173,863	165,228
Leasehold Improvements	11,100	10,696	1,941	2,466	2,251	852.61

Source: S&P Capital IQ. Standard template. Financial Sources.