Taiwan Pelican Express Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	696.97	718.64	927.5	1,051	905.34
Short-Term Investments	-	0.61	-	-	-
Cash & Short-Term Investments	696.97	719.26	927.5	1,051	905.34
Cash Growth	-3.10%	-22.45%	-11.71%	16.04%	0.67%
Accounts Receivable	578.82	656.84	721.62	726.8	754.58
Other Receivables	15.12	6.86	10.41	8.88	9.99
Receivables	593.94	663.7	732.03	735.68	764.58
Inventory	10.5	12.94	11.24	14.6	12.57
Prepaid Expenses	20.11	23.86	14.7	28.67	25.16
Other Current Assets	0.51	0.22	0.04	0.08	148.73
Total Current Assets	1,322	1,420	1,685	1,830	1,856
Property, Plant & Equipment	1,845	2,065	1,813	1,972	1,850
Long-Term Investments	714.68	644.87	731.79	654.48	1,193
Other Intangible Assets	4.05	9.3	10.17	7.12	2.17
Long-Term Deferred Tax Assets	57.38	31.59	22.4	21.54	23.84
Other Long-Term Assets	101.62	99.97	84.77	86.42	84.24
Total Assets	4,045	4,271	4,348	4,571	5,010
Accounts Payable	306.77	349.74	374.7	411.52	353.03
Accrued Expenses	151.3	181.85	230.24	253.67	289.53
Current Portion of Leases	269.36	238.43	174.24	175.71	156.33
Current Income Taxes Payable	-	-	0.54	11.26	31.68
Other Current Liabilities	148.79	157.6	217.26	316.34	285.49
Total Current Liabilities	876.22	927.62	996.97	1,168	1,116
Long-Term Leases	1,077	1,254	1,093	1,173	1,100
Pension & Post-Retirement Benefits	31.68	31.08	27.8	25.85	38.06
Other Long-Term Liabilities	7.44	7.76	5.17	5.22	5.73
Total Liabilities	1,992	2,221	2,122	2,373	2,260
Common Stock	954.67	954.67	954.67	954.67	954.67
Additional Paid-In Capital	300.08	300.08	300.08	300.08	300.08
Retained Earnings	338.3	424.37	512.67	562.92	577.21
Comprehensive Income & Other	459.24	370.84	457.67	380.63	918.87
Shareholders' Equity	2,052	2,050	2,225	2,198	2,751
Total Liabilities & Equity	4,045	4,271	4,348	4,571	5,010
Total Debt	1,346	1,493	1,267	1,349	1,256
Net Cash (Debt)	-649.47	-773.34	-339.24	-298.29	-350.77
Net Cash Per Share	-6.80	-8.10	-3.55	-3.12	-3.67
Filing Date Shares Outstanding	95.47	95.47	95.47	95.47	95.47
Total Common Shares Outstanding	95.47	95.47	95.47	95.47	95.47
Working Capital	445.8	492.35	688.53	661.07	740.33
Book Value Per Share	21.50	21.47	23.31	23.03	28.81
Tangible Book Value	2,048	2,041	2,215	2,191	2,749
Tangible Book Value Per Share	21.45	21.38	23.20	22.95	28.79
Buildings	81.66	81.66	-	-	-
Machinery	1,618	1,619	1,581	1,622	1,540
Construction In Progress	0.39	3.07	33.24	16.38	10.24
Leasehold Improvements	153.45	144.79	137.75	134.48	124.49

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.