Taiwan Pelican Express 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
Period Ending	Sep '25 Sep 30, 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
Cash & Equivalents	584.91	718.64	927.5	1,051	905.34	899.31
Short-Term Investments	-	0.61	-	-	-	-
Cash & Short-Term Investments	584.91	719.26	927.5	1,051	905.34	899.31
Cash Growth	-35.49%	-22.45%	-11.71%	16.04%	0.67%	-14.90%
Accounts Receivable	596.59	656.84	721.62	726.8	754.58	602.93
Other Receivables	17.36	6.86	10.41	8.88	9.99	20.25
Receivables	613.95	663.7	732.03	735.68	764.58	623.18
Inventory	14.65	12.94	11.24	14.6	12.57	8.95
Prepaid Expenses	27.39	23.86	14.7	28.67	25.16	20.78
Other Current Assets	0.53	0.22	0.04	0.08	148.73	163.02
Total Current Assets	1,241	1,420	1,685	1,830	1,856	1,715
Property, Plant & Equipment	1,910	2,065	1,813	1,972	1,850	1,536
Long-Term Investments	882.07	644.87	731.79	654.48	1,193	487.87
Other Intangible Assets	5.26	9.3	10.17	7.12	2.17	2.86
Long-Term Deferred Tax Assets	42.59	31.59	22.4	21.54	23.84	21.15
Other Long-Term Assets	100.24	99.97	84.77	86.42	84.24	77.79
Total Assets	4,181	4,271	4,348	4,571	5,010	3,840
Accounts Payable	334.67	349.74	374.7	411.52	353.03	280.58
Accrued Expenses	131.79	180.95	230.24	253.67	289.53	273.19
Current Portion of Leases	272.62	238.43	174.24	175.71	156.33	109.47
Current Income Taxes Payable	-	-	0.54	11.26	31.68	33.68
Other Current Liabilities	105.58	158.51	217.26	316.34	285.49	269.21
Total Current Liabilities	844.66	927.62	996.97	1,168	1,116	966.12
Long-Term Leases	1,120	1,254	1,093	1,173	1,100	856.22
Pension & Post-Retirement Benefits	-	31.08	27.8	25.85	38.06	28.07
Other Long-Term Liabilities	38.5	7.76	5.17	5.22	5.73	5.72
Total Liabilities	2,003	2,221	2,122	2,373	2,260	1,856
Common Stock	954.67	954.67	954.67	954.67	954.67	954.67
Additional Paid-In Capital	300.08	300.08	300.08	300.08	300.08	300.08
Retained Earnings	315.69	424.37	512.67	562.92	577.21	516.5
Comprehensive Income & Other	607.38	370.84	457.67	380.63	918.87	213.03
Shareholders' Equity	2,178	2,050	2,225	2,198	2,751	1,984
Total Liabilities & Equity	4,181	4,271	4,348	4,571	5,010	3,840
Total Debt	1,393	1,493	1,267	1,349	1,256	965.69
Net Cash (Debt)	-807.89	-773.34	-339.24	-298.29	-350.77	-66.38
Net Cash Per Share	-8.46	-8.10	-3.55	-3.12	-3.67	-0.69
Filing Date Shares Outstanding	95.47	95.47	95.47	95.47	95.47	95.47
Total Common Shares Outstanding	95.47	95.47	95.47	95.47	95.47	95.47
Working Capital	396.78	492.35	688.53	661.07	740.33	749.11
Book Value Per Share	22.81	21.47	23.31	23.03	28.81	20.78
Tangible Book Value	2,173	2,041	2,215	2,191	2,749	1,981
Tangible Book Value Per Share	22.76	21.38	23.20	22.95	28.79	20.75
Buildings	81.66	81.66	-	-	-	-
Machinery	1,613	1,619	1,581	1,622	1,540	1,459
Construction In Progress	3.9	3.07	33.24	16.38	10.24	-
Leasehold Improvements	149.54	144.79	137.75	134.48	124.49	116.36

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.