Test-Rite International 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	3,137	2,571	1,607	2,757	1,986	2,517
Short-Term Investments	148.99	303.05	143.24	119.84	113.46	407.07
Trading Asset Securities	201.55	355.23	165.56	258.6	299.34	171.8
Cash & Short-Term Investments	3,488	3,229	1,915	3,135	2,398	3,096
Cash Growth	23.95%	68.59%	-38.91%	30.73%	-22.53%	44.15%
Accounts Receivable	8,067	7,670	6,695	5,217	6,309	5,530
Other Receivables	524.47	258.14	541.11	382.42	296.62	475.35
Receivables	8,591	7,928	7,236	5,599	6,606	6,006
Inventory	5,258	5,966	6,183	7,799	8,080	6,182
Prepaid Expenses	455.78	365.55	364.83	273.01	454.63	684.07
Other Current Assets	136.07	78.93	75.37	284.41	81.35	293.02
Total Current Assets	17,928	17,568	15,775	17,092	17,621	16,261
Property, Plant & Equipment	12,151	11,944	14,389	15,751	15,077	15,447
Long-Term Investments	1,316	693.81	549.77	94.59	71.52	109.03
Goodwill	2,323	2,322	2,354	2,350	2,346	2,358
Other Intangible Assets	216.12	192.19	137.57	135.18	154.3	185.34
Long-Term Accounts Receivable	84.57	92.43	107.92	121.24	122.15	98.29
Long-Term Deferred Tax Assets	1,961	2,064	2,029	1,878	1,680	1,601
Other Long-Term Assets	1,147	1,238	1,248	1,324	1,370	1,602
Total Assets	37,126	36,114	36,591	38,746	38,441	37,662
Accounts Payable	6,215	6,535	5,992	5,495	8,378	8,629
Accrued Expenses	-	-	-	-	-	1,797
Short-Term Debt	3,831	2,622	2,621	2,572	1,699	1,332
Current Portion of Long-Term Debt	778.62	576.82	731.24	912.21	364.63	45.61
Current Portion of Leases	1,311	1,282	1,567	2,015	1,471	2,011
Current Income Taxes Payable	68.75	108.51	193.43	281.03	411.82	261.78
Current Unearned Revenue	441	345.82	269.47	345.91	292.07	159.51
Other Current Liabilities	1,562	2,016	1,810	2,695	3,351	1,329
Total Current Liabilities	14,206	13,486	13,185	14,317	15,967	15,566
Long-Term Debt	9,113	9,260	8,814	8,972	8,145	8,331
Long-Term Leases	5,673	5,389	7,449	8,087	7,053	6,597
Pension & Post-Retirement Benefits	0.02	4.59	7.09	21.61	83.25	159.76
Long-Term Deferred Tax Liabilities	122.37	184.4	140.45	134.53	80.86	14.65
Other Long-Term Liabilities	154.15	144.13	201.47	137.39	129.54	209.37
Total Liabilities	29,269	28,468	29,797	31,669	31,458	30,878
Common Stock	5,099	5,099	5,099	5,099	5,099	5,099
Additional Paid-In Capital	186.2	2.45	1.48	1	1.22	1.22
Retained Earnings	1,731	2,120	2,062	2,450	2,599	2,348
Treasury Stock	-	-	-313.26	-313.26	-313.26	-313.26
Comprehensive Income & Other	-283.31	-66.21	-295.17	-347.87	-565.45	-496.56
Total Common Equity	6,733	7,155	6,554	6,889	6,820	6,638
Minority Interest	1,124	490.65	240.14	187.73	162.81	145.83
Shareholders' Equity	7,857	7,646	6,794	7,076	6,983	6,784
Total Liabilities & Equity	37,126	36,114	36,591	38,746	38,441	37,662
Total Debt	20,706	19,130	21,183	22,559	18,731	18,317
Net Cash (Debt)	-17,218	-15,901	-19,267	-19,423	-16,333	-15,221
Net Cash Per Share	-33.76	-31.59	-38.86	-39.17	-32.92	-30.69
Filing Date Shares Outstanding	509.89	509.89	495.58	495.58	495.58	495.58
Total Common Shares Outstanding	509.89	509.89	495.58	495.58	495.58	495.58
Working Capital	3,722	4,082	2,590	2,775	1,653	695
Book Value Per Share	13.20	14.03	13.22	13.90	13.76	13.39
Tangible Book Value	4,194	4,641	4,062	4,403	4,320	4,095
Tangible Book Value Per Share	8.23	9.10	8.20	8.89	8.72	8.26
Land	-	652.87	649.85	565.13	644.87	647.8
Buildings	-	4,433	4,317	4,303	4,782	4,784
Machinery	-	7,779	7,760	7,847	7,651	7,817
Construction In Progress	-	44.27	71.92	27.53	36.68	14.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.