Sincere Navigation Corporation (TPE: 2605)

Sincere Navigation 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	3,005	1,974	3,794	5,423	4,666	3,946
Short-Term Investments	21.9	293.41	1.32	1.26	1.3	1.41
Cash & Short-Term Investments	3,027	2,268	3,796	5,425	4,667	3,947
Cash Growth	-22.98%	-40.26%	-30.03%	16.23%	18.24%	19.58%
Accounts Receivable	456.42	560.6	690.87	414.93	262.15	552.57
Other Receivables	68.35	183.99	48.01	123.52	167.45	42.37
Receivables	524.77	744.59	738.89	538.45	429.6	594.93
Inventory	28.6	70.39	156.09	209.32	99.81	254.49
Prepaid Expenses	39.51	31.05	43.26	32.23	37.74	56.95
Other Current Assets	2,945	2,276	776.65	371.37	335.1	430.33
Total Current Assets	6,565	5,389	5,511	6,576	5,569	5,284
Property, Plant & Equipment	14,705	14,263	14,573	13,401	15,561	17,941
Long-Term Deferred Tax Assets	7.74	7.75	7.84	5.03	6.86	11.09
Other Long-Term Assets	26.09	1,456	1,575	1,553	8.58	66.67
Total Assets	21,304	21,116	21,666	21,535	21,146	23,303
Accrued Expenses	-	-	-	-	103.7	211.05
Short-Term Debt	3,302	3,055	1,595	850	840	800
Current Portion of Long-Term Debt	132.93	271.78	379.27	1,245	839.47	939
Current Portion of Leases	5.31	5.97	4.47	5.56	5.75	5.88
Current Income Taxes Payable	16.47	48.29	7.17	92.04	0.54	0.1
Current Unearned Revenue	32.6	52.94	39.46	72.95	92.14	35.62
Other Current Liabilities	263.08	478.92	250.15	230.63	117.14	85.81
Total Current Liabilities	3,752	3,913	2,276	2,496	1,999	2,077
Long-Term Debt	199.4	1,286	1,907	2,624	2,712	3,601
Long-Term Leases	5.8	9.46	1.22	488.81	645.04	822.65
Long-Term Deferred Tax Liabilities	-	-	-	35.66	118.23	66.62
Other Long-Term Liabilities	-	-	-	23.6	-	-
Total Liabilities	3,992	5,230	4,197	5,668	5,507	6,600
Common Stock	5,854	5,854	5,854	5,854	5,854	5,854
Additional Paid-In Capital	165.58	165.59	243.79	243.2	242.61	241.99
Retained Earnings	11,632	10,771	10,627	11,012	10,601	10,752
Comprehensive Income & Other	-338.82	-904.75	-898.41	-2,684	-2,216	-1,350
Total Common Equity	17,312	15,886	15,825	14,425	14,481	15,498
Minority Interest	-	-	1,644	1,442	1,158	1,205
Shareholders' Equity	17,312	15,886	17,469	15,867	15,638	16,703
Total Liabilities & Equity	21,304	21,116	21,666	21,535	21,146	23,303
Total Debt	3,645	4,629	3,887	5,213	5,043	6,168
Net Cash (Debt)	-617.92	-2,361	-91.62	211.54	-375.37	-2,221
Net Cash Per Share	-1.05	-4.03	-0.16	0.36	-0.64	-3.79
Filing Date Shares Outstanding	585.35	585.35	585.35	585.35	585.35	585.35
Total Common Shares Outstanding	585.35	585.35	585.35	585.35	585.35	585.35
Working Capital	2,813	1,476	3,235	4,080	3,571	3,206
Book Value Per Share	29.58	27.14	27.04	24.64	24.74	26.48
Tangible Book Value	17,312	15,886	15,825	14,425	14,481	15,498
Tangible Book Value Per Share	29.58	27.14	27.04	24.64	24.74	26.48
Land	90.22	90.22	90.22	90.22	90.22	90.22
Buildings	30.82	30.82	28.95	28.19	28.19	28.19
Machinery	28,446	27,630	27,550	24,155	26,948	29,454
Construction In Progress	25.93	2.14	2.14	-	-	-
Leasehold Improvements	1.06	1.03	-	-	-	-

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