STARLUX Airlines Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	14,211	15,340	16,042	5,641	1,686	1,558
Short-Term Investments	334.25	311.95	613.71	-	148.61	-
Trading Asset Securities	1,008	1,004	-	-	-	-
Cash & Short-Term Investments	15,553	16,656	16,656	5,641	1,835	1,558
Cash Growth	33.30%	0.00%	195.28%	207.42%	17.73%	18.97%
Accounts Receivable	2,187	1,640	1,208	751.89	475.38	7.72
Other Receivables	148.82	174.25	94.05	54.37	10	2.61
Receivables	2,336	1,815	1,302	806.26	485.38	10.32
Inventory	2,979	2,684	1,614	1,081	399.08	266.65
Other Current Assets	1,377	1,175	1,031	1,942	824.3	447.11
Total Current Assets	22,245	22,330	20,602	9,470	3,544	2,283
Property, Plant & Equipment	95,447	88,983	79,456	57,289	41,234	14,170
Long-Term Investments	1,323	1,107	1,067	-	840.29	0.29
Other Intangible Assets	185.77	175.01	177.43	264.73	356.18	431.5
Long-Term Deferred Tax Assets	2,324	2,220	2,331	1,983	1,459	-
Other Long-Term Assets	25,571	22,481	15,431	10,068	9,656	7,502
Total Assets	147,096	137,298	119,065	79,075	57,089	24,387
Accounts Payable	4,008	3,469	2,760	2,576	1,239	362.64
Accrued Expenses	-	0.48	0.42	-	-	-
Short-Term Debt	-	-	-	850	115.52	1,000
Current Portion of Long-Term Debt	2,526	1,587	1,853	4,741	4,286	2,335
Current Portion of Leases	285.35	3,946	3,783	3,062	2,692	890.67
Current Unearned Revenue	10,603	8,686	7,737	5,071	2,497	44.2
Other Current Liabilities	6,587	2,480	2,046	1,238	491.46	209.46
Total Current Liabilities	24,009	20,169	18,180	17,539	11,322	4,842
Long-Term Debt	58,645	52,859	36,996	18,544	9,118	5,377
Long-Term Leases	1,538	31,306	32,721	30,830	29,985	9,373
Long-Term Unearned Revenue	501.7	427.65	189.96	53.19	-	-
Long-Term Deferred Tax Liabilities	117.15	120.92	142.57	207.74	-	-
Other Long-Term Liabilities	30,417	1,020	996.86	832.5	758.55	362.59
Total Liabilities	115,228	105,901	89,226	68,007	51,183	19,954
Common Stock	30,087	30,087	30,087	20,887	18,117	11,367
Additional Paid-In Capital	2,045	2,045	9,775	2,451	550	-
Retained Earnings	1,182	272.61	-7,730	-11,506	-12,205	-6,934
Comprehensive Income & Other	-1,446	-1,008	-2,294	-764.29	-556	-
Shareholders' Equity	31,868	31,396	29,838	11,068	5,906	4,433
Total Liabilities & Equity	147,096	137,298	119,065	79,075	57,089	24,387
Total Debt	62,994	89,698	75,353	58,028	46,196	18,975
Net Cash (Debt)	-47,442	-73,041	-58,698	-52,388	-44,361	-17,417
Net Cash Per Share	-15.78	-24.27	-23.29	-26.84	-29.21	-15.55
Filing Date Shares Outstanding	3,033	3,009	3,009	2,089	1,812	1,537
Total Common Shares Outstanding	3,033	3,009	3,009	2,089	1,812	1,137
Working Capital	-1,763	2,162	2,422	-8,069	-7,778	-2,559
Book Value Per Share	10.51	10.44	9.92	5.30	3.26	3.90
Tangible Book Value	31,682	31,221	29,661	10,803	5,550	4,001
Tangible Book Value Per Share	10.45	10.38	9.86	5.17	3.06	3.52
Buildings	-	3,421	3,406	3,398	214.33	118.71
Machinery	-	57,695	45,381	21,782	8,846	2,315
Leasehold Improvements	-	1,500	1,327	1,125	994.49	873.67