Taiwan High Speed Rail Corporation (TPE: 2633)

Taiwan High Speed Rail 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	11,360	17,569	16,559	21,619	651.77	16,272
Short-Term Investments	-	16,972	9,955	22,939	17,751	20,557
Trading Asset Securities	-	-	-	-	15,218	330.44
Cash & Short-Term Investments	11,360	34,541	26,514	44,558	33,621	37,159
Cash Growth	-61.10%	30.28%	-40.50%	32.53%	-9.52%	112.35%
Accounts Receivable	340.77	509.51	413.95	665.96	218.09	333.09
Other Receivables	28.22	28.22	180.6	9.65	-	166.78
Receivables	1,623	1,708	2,021	1,845	1,461	2,077
Inventory	2,950	2,652	2,426	2,346	2,069	2,056
Prepaid Expenses	208.93	835.74	836.8	1,182	1,355	1,290
Other Current Assets	8,954	251.12	339.42	43.12	115.02	128.07
Total Current Assets	25,096	39,987	32,137	49,974	38,621	42,710
Property, Plant & Equipment	568.79	699.14	533.83	684	821.9	754.04
Long-Term Investments	6.06	6.48	6.03	6.04	5.33	4.25
Other Intangible Assets	347,587	352,142	359,614	368,085	378,375	390,167
Long-Term Deferred Tax Assets	7,669	7,401	6,174	6,997	7,673	7,316
Other Long-Term Assets	2,185	2,468	2,075	2,160	2,071	2,107
Total Assets	383,112	402,704	400,540	427,907	427,567	443,060
Accounts Payable	331.32	237.14	403.87	533.34	274.78	256.34
Accrued Expenses	4,076	10,024	3,344	2,988	3,227	3,172
Short-Term Debt	16,998	21,986	21,967	14,999	57.09	64.98
Current Portion of Long-Term Debt	3,999	4,999	-	-	-	-
Current Portion of Leases	142.01	165.85	159.57	165.46	166.88	153.23
Current Income Taxes Payable	25.87	3,093	-	10.81	104.26	194.72
Current Unearned Revenue	881.82	902.03	1,286	1,053	611.54	1,283
Other Current Liabilities	6,202	6,456	1,790	10,276	2,626	8,154
Total Current Liabilities	32,656	47,862	28,950	30,026	7,067	13,279
Long-Term Debt	218,692	222,332	245,096	270,084	276,086	284,091
Long-Term Leases	175.73	278.01	238.11	395.01	522.98	447.18
Long-Term Unearned Revenue	60.31	47.39	6.75	9.48	11.65	5.9
Long-Term Deferred Tax Liabilities	0.51	0.3	0.02	1.14	-	-
Other Long-Term Liabilities	60,555	60,566	58,683	59,324	73,511	73,903
Total Liabilities	312,417	331,368	333,250	360,129	357,480	371,982
Common Stock	56,283	56,283	56,283	56,283	56,283	56,283
Additional Paid-In Capital	172.98	172.98	172.98	172.98	172.98	172.98
Retained Earnings	14,240	14,880	10,834	11,322	13,631	14,621
Total Common Equity	70,696	71,336	67,290	67,778	70,087	71,077
Shareholders' Equity	70,696	71,336	67,290	67,778	70,087	71,077
Total Liabilities & Equity	383,112	402,704	400,540	427,907	427,567	443,060
Total Debt	240,007	249,760	267,460	285,643	276,833	284,756
Net Cash (Debt)	-228,647	-215,219	-240,946	-241,084	-243,212	-247,597
Net Cash Per Share	-40.62	-38.24	-42.81	-42.83	-43.21	-43.99
Filing Date Shares Outstanding	5,628	5,628	5,628	5,628	5,628	5,628
Total Common Shares Outstanding	5,628	5,628	5,628	5,628	5,628	5,628
Working Capital	-7,560	-7,875	3,186	19,948	31,554	29,431
Book Value Per Share	12.56	12.67	11.96	12.04	12.45	12.63
Tangible Book Value	-276,891	-280,806	-292,324	-300,307	-308,288	-319,090
Tangible Book Value Per Share	-49.20	-49.89	-51.94	-53.36	-54.77	-56.69
Land	0.03	0.03	0.03	0.03	0.03	0.03
Machinery	953.76	920.16	813.44	753.73	722.1	702.91
Leasehold Improvements	144.04	122.89	82.13	82.13	80.53	80.53

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