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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,221	3,098	1,974	3,794	5,423	4,666
Short-Term Investments	3,765	5.41	293.41	1.32	1.26	1.3
Cash & Short-Term Investments	6,986	3,104	2,268	3,796	5,425	4,667
Cash Growth	130.80%	36.87%	-40.26%	-30.03%	16.23%	18.24%
Accounts Receivable	395.47	467.77	560.6	690.87	414.93	262.15
Other Receivables	40.22	185.08	183.99	48.01	123.52	167.45
Receivables	435.69	652.85	744.59	738.89	538.45	429.6
Inventory	28.86	50.99	70.39	156.09	209.32	99.81
Prepaid Expenses	137.22	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	7,588	7,182	5,389	5,511	6,576	5,569
Property, Plant & Equipment	13,182	15,158	14,263	14,573	13,401	15,561
Long-Term Deferred Tax Assets	5.38	7.13	7.75	7.84	5.03	6.86
Other Long-Term Assets	9.06	17.28	1,456	1,575	1,553	8.58
Total Assets	20,785	22,365	21,116	21,666	21,535	21,146
Accrued Expenses	-	-	-	-	-	103.7
Short-Term Debt	4,056	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	6.3	4.71	5.97	4.47	5.56	5.75
Current Income Taxes Payable	99.2	27.82	48.29	7.17	92.04	0.54
Current Unearned Revenue	54.45	45.54	52.94	39.46	72.95	92.14
Other Current Liabilities	309.17	331.9	478.92	250.15	230.63	117.14
Total Current Liabilities	4,525	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	4.11	4.81	9.46	1.22	488.81	645.04
Pension & Post-Retirement Benefits	-	33.55	21.09	12.41	-	32.85
Long-Term Deferred Tax Liabilities	-	-	-	-	35.66	118.23
Other Long-Term Liabilities	10.31	-	-	-	23.6	-
Total Liabilities	4,540	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	11,358	11,834	10,771	10,627	11,012	10,601
Comprehensive Income & Other	-1,132	403.86	-904.75	-898.41	-2,684	-2,216
Total Common Equity	16,245	18,257	15,886	15,825	14,425	14,481
Minority Interest	-	-	-	1,644	1,442	1,158
Shareholders' Equity	16,245	18,257	15,886	17,469	15,867	15,638
Total Liabilities & Equity	20,785	22,365	21,116	21,666	21,535	21,146
Total Debt	4,066	3,669	4,629	3,887	5,213	5,043
Net Cash (Debt)	2,920	-565.31	-2,361	-91.62	211.54	-375.37
Net Cash Per Share	5.00	-0.96	-4.03	-0.16	0.36	-0.64
Filing Date Shares Outstanding	574.73	585.35	585.35	585.35	585.35	585.35
Total Common Shares Outstanding	574.73	585.35	585.35	585.35	585.35	585.35
Working Capital	3,063	3,319	1,476	3,235	4,080	3,571
Book Value Per Share	28.27	31.19	27.14	27.04	24.64	24.74
Tangible Book Value	16,245	18,257	15,886	15,825	14,425	14,481
Tangible Book Value Per Share	28.27	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.