Sincere Navigation Corporation (TPE:2605)

Sincere Navigation Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	10,402	4,066	3,098	1,974	3,794	5,423
Short-Term Investments	1.31	315.64	5.41	293.41	1.32	1.26
Cash & Short-Term Investments	10,404	4,382	3,104	2,268	3,796	5,425
Cash Growth	215.75%	41.18%	36.87%	-40.26%	-30.03%	16.23%
Accounts Receivable	395.72	368.76	467.77	560.6	690.87	414.93
Other Receivables	122.43	10.98	185.08	183.99	48.01	123.52
Receivables	518.15	379.74	652.85	744.59	738.89	538.45
Inventory	31.79	10.01	50.99	70.39	156.09	209.32
Prepaid Expenses	116.42	106.54	39.11	31.05	43.26	32.23
Other Current Assets	3,986	3,886	3,335	2,276	776.65	371.37
Total Current Assets	15,057	8,764	7,182	5,389	5,511	6,576
Property, Plant & Equipment	11,116	13,236	15,158	14,263	14,573	13,401
Long-Term Deferred Tax Assets	5.33	5.34	7.13	7.75	7.84	5.03
Other Long-Term Assets	258.96	8.96	17.28	1,456	1,575	1,553
Total Assets	26,437	22,014	22,365	21,116	21,666	21,535

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	125.48	-	-	-	-	-
Short-Term Debt	5,707	4,056	3,315	3,055	1,595	850
Current Portion of Long-Term Debt	-	-	137.72	271.78	379.27	1,245
Current Portion of Leases	5.82	6.67	4.71	5.97	4.47	5.56
Current Income Taxes Payable	214.36	106.04	27.82	48.29	7.17	92.04
Current Unearned Revenue	46.2	74.21	45.54	52.94	39.46	72.95
Other Current Liabilities	996.23	291.98	331.9	478.92	250.15	230.63
Total Current Liabilities	7,095	4,535	3,863	3,913	2,276	2,496
Long-Term Debt	-	-	206.58	1,286	1,907	2,624
Long-Term Leases	0.11	2.57	4.81	9.46	1.22	488.81
Pension & Post-Retirement Benefits	10.47	10.43	33.55	21.09	12.41	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	35.66
Other Long-Term Liabilities	0.1	0.08	-	-	-	23.6
Total Liabilities	7,105	4,548	4,108	5,230	4,197	5,668

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5,854	5,854	5,854	5,854	5,854	5,854
Additional Paid-In Capital	165.98	165.89	165.58	165.59	243.79	243.2
Retained Earnings	13,483	11,920	11,834	10,771	10,627	11,012
Comprehensive Income & Other	-171.61	-473.65	403.86	-904.75	-898.41	-2,684
Total Common Equity	19,331	17,466	18,257	15,886	15,825	14,425
Minority Interest	-	-	-	-	1,644	1,442
Shareholders' Equity	19,331	17,466	18,257	15,886	17,469	15,867
Total Liabilities & Equity	26,437	22,014	22,365	21,116	21,666	21,535

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5,712	4,065	3,669	4,629	3,887	5,213
Net Cash (Debt)	4,691	316.37	-565.31	-2,361	-91.62	211.54
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	7.99	0.54	-0.96	-4.03	-0.16	0.36
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	7,962	4,229	3,319	1,476	3,235	4,080
Book Value Per Share	33.02	29.84	31.19	27.14	27.04	24.64
Tangible Book Value	19,331	17,466	18,257	15,886	15,825	14,425
Tangible Book Value Per Share	33.02	29.84	31.19	27.14	27.04	24.64
Land	90.22	90.22	90.22	90.22	90.22	90.22
Buildings	31.75	31.75	30.82	30.82	28.95	28.19
Machinery	27,151	28,487	29,706	27,630	27,550	24,155
Construction In Progress	0.89	16.79	4.35	2.14	2.14	-
Leasehold Improvements	-	1.1	1.1	1.03	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 12, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 16, 2026

Data Sources Report a data error