Tze Shin International Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	799.41	1,044	735.85	347.82	896.68	407.12	Upgrade
Short-Term Investments	156.97	130.78	103.7	177.74	263.78	253.05	Upgrade
Trading Asset Securities	874.93	830.44	886.47	892.26	562.3	433.12	Upgrade
Cash & Short-Term Investments	1,831	2,005	1,726	1,418	1,723	1,093	Upgrade
Cash Growth	6.50%	16.16%	21.74%	-17.70%	57.58%	51.52%	Upgrade
Accounts Receivable	102.33	139.91	190.88	118.79	169.85	136.55	Upgrade
Other Receivables	1.6	6.44	26.74	6.5	19.74	18.38	Upgrade
Receivables	103.93	146.34	217.61	125.28	189.58	154.93	Upgrade
Inventory	417.86	383.16	186.77	166.83	169.2	169.42	Upgrade
Prepaid Expenses	19.75	23.19	21.26	-	-	-	Upgrade
Other Current Assets	282.24	281.95	401.67	245.03	545.69	777.55	Upgrade
Total Current Assets	2,655	2,840	2,553	1,955	2,627	2,195	Upgrade
Property, Plant & Equipment	711.62	703.44	715.52	732.21	778.43	1,433	Upgrade
Long-Term Investments	232.4	262.97	217.34	167.97	257.5	172.72	Upgrade
Other Intangible Assets	490.71	495.79	501	416.26	437.09	467.75	Upgrade
Long-Term Deferred Tax Assets	81.85	84.62	94.9	96.91	99.23	100.4	Upgrade
Other Long-Term Assets	41.26	43.34	117.41	225.55	34.04	158.67	Upgrade
Total Assets	4,213	4,430	4,199	3,594	4,234	4,528	Upgrade
Accounts Payable	85.6	88.94	76.67	69.18	92.37	73	Upgrade
Accrued Expenses	68.02	82.19	69.21	57.06	70.87	44.31	Upgrade
Short-Term Debt	80	80	170	130	130	776.66	Upgrade
Current Portion of Long-Term Debt	14.61	17.3	27.21	10	-	15.83	Upgrade
Current Portion of Leases	20.91	15.63	17.74	17.46	21.32	19.3	Upgrade
Current Income Taxes Payable	0.59	0.41	0.05	5.66	4.21	0.66	Upgrade
Current Unearned Revenue	43.45	31.14	-	-	-	-	Upgrade
Other Current Liabilities	381.86	132.94	40.6	37.27	73.85	171.51	Upgrade
Total Current Liabilities	695.03	448.54	401.48	326.63	392.62	1,101	Upgrade
Long-Term Debt	296.63	303.07	52.9	30.83	20	150	Upgrade
Long-Term Leases	479.01	490	488.92	504.76	527.28	544.14	Upgrade
Long-Term Deferred Tax Liabilities	-	-	-	0.01	-	-	Upgrade
Other Long-Term Liabilities	11.53	11.53	11.53	12.09	13.28	0.47	Upgrade
Total Liabilities	1,486	1,257	960.45	879.68	962.07	1,804	Upgrade
Common Stock	1,890	1,890	1,890	1,890	1,718	1,730	Upgrade
Additional Paid-In Capital	41.28	40.98	20.89	20.86	20.86	17.79	Upgrade
Retained Earnings	435.68	851.43	942.06	462.83	970.71	595.92	Upgrade
Treasury Stock	-	-	-	-	-	-8.66	Upgrade
Comprehensive Income & Other	151.75	184.78	148.11	99.74	320.44	175.34	Upgrade
Total Common Equity	2,519	2,967	3,001	2,473	3,030	2,510	Upgrade
Minority Interest	208.11	205.64	237.95	240.71	241.25	213.65	Upgrade
Shareholders' Equity	2,727	3,173	3,239	2,714	3,271	2,724	Upgrade
Total Liabilities & Equity	4,213	4,430	4,199	3,594	4,234	4,528	Upgrade
Total Debt	891.16	906	756.77	693.06	698.6	1,506	Upgrade
Net Cash (Debt)	940.14	1,099	969.24	724.75	1,024	-412.65	Upgrade
Net Cash Growth	-7.27%	13.39%	33.73%	-29.23%	-	-	Upgrade
Net Cash Per Share	4.97	5.80	5.12	3.83	5.42	-2.16	Upgrade
Filing Date Shares Outstanding	189	189	189	189	189	189	Upgrade
Total Common Shares Outstanding	189	189	189	189	189	189	Upgrade
Working Capital	1,960	2,391	2,152	1,628	2,235	1,094	Upgrade
Book Value Per Share	13.33	15.70	15.88	13.09	16.03	13.28	Upgrade
Tangible Book Value	2,028	2,471	2,500	2,057	2,593	2,043	Upgrade
Tangible Book Value Per Share	10.73	13.08	13.23	10.88	13.72	10.81	Upgrade
Land	-	156.14	156.14	156.14	156.14	156.14	Upgrade
Buildings	-	30.51	30.51	30.51	30.51	30.78	Upgrade
Machinery	-	276.98	282.14	275.4	344.08	355.8	Upgrade
Construction In Progress	-	-	-	-	-	957.96	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.