Sincere Navigation Corporation (TPE:2605)

Sincere Navigation Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,294	3,098	1,974	3,794	5,423	4,666
Short-Term Investments	3,109	5.41	293.41	1.32	1.26	1.3
Cash & Short-Term Investments	6,403	3,104	2,268	3,796	5,425	4,667
Cash Growth	74.65%	36.87%	-40.26%	-30.03%	16.23%	18.24%
Accounts Receivable	404.68	467.77	560.6	690.87	414.93	262.15
Other Receivables	32.16	185.08	183.99	48.01	123.52	167.45
Receivables	436.84	652.85	744.59	738.89	538.45	429.6
Inventory	74.17	50.99	70.39	156.09	209.32	99.81
Prepaid Expenses	63.69	39.11	31.05	43.26	32.23	37.74
Other Current Assets	-	3,335	2,276	776.65	371.37	335.1
Total Current Assets	6,978	7,182	5,389	5,511	6,576	5,569
Property, Plant & Equipment	12,910	15,158	14,263	14,573	13,401	15,561
Long-Term Deferred Tax Assets	7.09	7.13	7.75	7.84	5.03	6.86
Other Long-Term Assets	9.42	17.28	1,456	1,575	1,553	8.58
Total Assets	19,905	22,365	21,116	21,666	21,535	21,146
Accrued Expenses	-	-	-	-	-	103.7
Short-Term Debt	3,445	3,315	3,055	1,595	850	840
Current Portion of Long-Term Debt	-	137.72	271.78	379.27	1,245	839.47
Current Portion of Leases	6.02	4.71	5.97	4.47	5.56	5.75
Current Income Taxes Payable	95.45	27.82	48.29	7.17	92.04	0.54
Current Unearned Revenue	19.97	45.54	52.94	39.46	72.95	92.14
Other Current Liabilities	990.13	331.9	478.92	250.15	230.63	117.14
Total Current Liabilities	4,557	3,863	3,913	2,276	2,496	1,999
Long-Term Debt	-	206.58	1,286	1,907	2,624	2,712
Long-Term Leases	5.56	4.81	9.46	1.22	488.81	645.04
Long-Term Deferred Tax Liabilities	-	-	-	-	35.66	118.23
Other Long-Term Liabilities	-	-	-	-	23.6	-
Total Liabilities	4,594	4,108	5,230	4,197	5,668	5,507
Common Stock	5,854	5,854	5,854	5,854	5,854	5,854
Additional Paid-In Capital	165.89	165.58	165.59	243.79	243.2	242.61
Retained Earnings	11,203	11,834	10,771	10,627	11,012	10,601
Comprehensive Income & Other	-1,912	403.86	-904.75	-898.41	-2,684	-2,216
Total Common Equity	15,310	18,257	15,886	15,825	14,425	14,481
Minority Interest	-	-	-	1,644	1,442	1,158
Shareholders' Equity	15,310	18,257	15,886	17,469	15,867	15,638
Total Liabilities & Equity	19,905	22,365	21,116	21,666	21,535	21,146
Total Debt	3,457	3,669	4,629	3,887	5,213	5,043
Net Cash (Debt)	2,946	-565.31	-2,361	-91.62	211.54	-375.37
Net Cash Per Share	5.01	-0.96	-4.03	-0.16	0.36	-0.64
Filing Date Shares Outstanding	582.67	585.35	585.35	585.35	585.35	585.35
Total Common Shares Outstanding	582.67	585.35	585.35	585.35	585.35	585.35
Working Capital	2,421	3,319	1,476	3,235	4,080	3,571
Book Value Per Share	26.28	31.19	27.14	27.04	24.64	24.74
Tangible Book Value	15,310	18,257	15,886	15,825	14,425	14,481
Tangible Book Value Per Share	26.28	31.19	27.14	27.04	24.64	24.74
Land	-	90.22	90.22	90.22	90.22	90.22
Buildings	-	30.82	30.82	28.95	28.19	28.19
Machinery	-	29,706	27,630	27,550	24,155	26,948
Construction In Progress	-	4.35	2.14	2.14	-	-
Leasehold Improvements	-	1.1	1.03	-	-	-

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.