Test-Rite International Co., Ltd. (TPE: 2908)

Test-Rite International 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	2,092	1,607	2,757	1,986	2,517	1,462
Short-Term Investments	328.2	143.24	119.84	113.46	407.07	64.64
Trading Asset Securities	393.3	165.56	258.6	299.34	171.8	620.73
Cash & Short-Term Investments	2,814	1,915	3,135	2,398	3,096	2,148
Cash Growth	35.78%	-38.91%	30.73%	-22.53%	44.15%	-7.21%
Accounts Receivable	8,381	6,695	5,217	6,309	5,530	4,456
Other Receivables	425.11	541.11	382.42	296.62	475.35	101.87
Receivables	8,806	7,236	5,599	6,606	6,006	4,558
Inventory	5,677	6,183	7,799	8,080	6,182	6,493
Prepaid Expenses	431.57	364.83	273.01	454.63	684.07	367.97
Other Current Assets	127.82	75.37	284.41	81.35	293.02	34.21
Total Current Assets	17,857	15,775	17,092	17,621	16,261	13,601
Property, Plant & Equipment	13,150	14,389	15,751	15,077	15,447	16,096
Long-Term Investments	513.26	544.77	94.59	71.52	109.03	63.34
Goodwill	2,377	2,354	2,350	2,346	2,358	2,356
Other Intangible Assets	145.32	137.57	135.18	154.3	185.34	220.98
Long-Term Accounts Receivable	122.02	107.92	121.24	122.15	98.29	113.35
Long-Term Deferred Tax Assets	2,055	2,029	1,878	1,680	1,601	1,545
Other Long-Term Assets	1,205	1,253	1,324	1,370	1,602	1,680
Total Assets	37,424	36,591	38,746	38,441	37,662	35,676
Accounts Payable	6,476	5,992	5,495	8,378	8,629	6,427
Accrued Expenses	-	-	-	-	1,797	1,199
Short-Term Debt	2,476	2,621	2,572	1,699	1,332	1,357
Current Portion of Long-Term Debt	575.18	731.24	912.21	364.63	45.61	85.18
Current Portion of Leases	1,488	1,567	2,015	1,471	2,011	1,722
Current Income Taxes Payable	145.78	193.43	281.03	411.82	261.78	77.63
Current Unearned Revenue	287.7	269.47	345.91	292.07	159.51	72.07
Other Current Liabilities	1,677	1,810	2,695	3,351	1,329	1,098
Total Current Liabilities	13,125	13,185	14,317	15,967	15,566	12,037
Long-Term Debt	10,134	8,814	8,972	8,145	8,331	9,425
Long-Term Leases	6,435	7,449	8,087	7,053	6,597	7,348
Long-Term Deferred Tax Liabilities	132.32	140.45	134.53	80.86	14.65	18.22
Other Long-Term Liabilities	191.57	201.47	137.39	129.54	209.37	256.59
Total Liabilities	30,020	29,797	31,669	31,458	30,878	29,239
Common Stock	5,099	5,099	5,099	5,099	5,099	5,099
Additional Paid-In Capital	2.45	1.48	1	1.22	1.22	353.08
Retained Earnings	2,062	2,062	2,450	2,599	2,348	1,555
Treasury Stock	-	-313.26	-313.26	-313.26	-313.26	-313.26
Comprehensive Income & Other	-158.16	-295.17	-347.87	-565.45	-496.56	-396.91
Total Common Equity	7,005	6,554	6,889	6,820	6,638	6,297
Minority Interest	399.02	240.14	187.73	162.81	145.83	139.5
Shareholders' Equity	7,404	6,794	7,076	6,983	6,784	6,437
Total Liabilities & Equity	37,424	36,591	38,746	38,441	37,662	35,676
Total Debt	21,108	21,183	22,559	18,731	18,317	19,937
Net Cash (Debt)	-18,294	-19,267	-19,423	-16,333	-15,221	-17,789
Net Cash Per Share	-36.61	-38.86	-39.17	-32.92	-30.69	-35.36
Filing Date Shares Outstanding	509.89	495.58	495.58	495.58	495.58	495.58
Total Common Shares Outstanding	509.89	495.58	495.58	495.58	495.58	495.58
Working Capital	4,731	2,590	2,775	1,653	695	1,564
Book Value Per Share	13.74	13.22	13.90	13.76	13.39	12.71
Tangible Book Value	4,482	4,062	4,403	4,320	4,095	3,720
Tangible Book Value Per Share	8.79	8.20	8.89	8.72	8.26	7.51
Land	-	649.85	565.13	644.87	647.8	545.51
Buildings	-	4,317	4,303	4,782	4,784	4,169
Machinery	-	7,760	7,847	7,651	7,817	7,639
Construction In Progress	-	71.92	27.53	36.68	14.31	747.78

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