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 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	2,422	1,882	2,571	1,607	2,757	1,986
Short-Term Investments	262.11	390.39	270.33	143.24	119.84	113.46
Trading Asset Securities	1,075	179.83	355.23	165.56	258.6	299.34
Cash & Short-Term Investments	3,759	2,452	3,196	1,915	3,135	2,398
Cash Growth	23.83%	-23.29%	66.88%	-38.91%	30.73%	-22.53%
Accounts Receivable	8,103	6,896	7,670	6,695	5,217	6,309
Other Receivables	413.39	398.54	290.87	541.11	382.42	296.62
Receivables	8,517	7,295	7,961	7,236	5,599	6,606
Inventory	7,157	7,504	5,966	6,183	7,799	8,080
Prepaid Expenses	613.48	480.65	365.55	364.83	273.01	454.63
Other Current Assets	68.04	219.62	78.93	75.37	284.41	81.35
Total Current Assets	20,115	17,952	17,568	15,775	17,092	17,621
Property, Plant & Equipment	13,193	13,306	11,944	14,389	15,751	15,077
Long-Term Investments	477.78	382.99	693.81	549.77	94.59	71.52
Goodwill	-	2,983	2,322	2,354	2,350	2,346
Other Intangible Assets	3,191	219.18	192.19	137.57	135.18	154.3
Long-Term Accounts Receivable	-	81.92	92.43	107.92	121.24	122.15
Long-Term Deferred Tax Assets	2,118	2,145	2,064	2,029	1,878	1,680
Other Long-Term Assets	1,445	1,345	1,238	1,248	1,324	1,370
Total Assets	40,539	38,414	36,114	36,591	38,746	38,441
Accounts Payable	6,665	6,214	6,535	5,992	5,495	8,378
Short-Term Debt	4,377	3,902	2,622	2,621	2,572	1,699
Current Portion of Long-Term Debt	-	876.87	576.82	731.24	912.21	364.63
Current Portion of Leases	1,475	1,388	1,282	1,567	2,015	1,471
Current Income Taxes Payable	77.09	68.92	108.51	193.43	281.03	411.82
Current Unearned Revenue	441.56	407.41	624.7	269.47	345.91	292.07
Other Current Liabilities	2,269	1,661	1,737	1,810	2,695	3,351
Total Current Liabilities	15,304	14,517	13,486	13,185	14,317	15,967
Long-Term Debt	9,539	8,113	9,260	8,814	8,972	8,145
Long-Term Leases	6,658	6,716	5,389	7,449	8,087	7,053
Pension & Post-Retirement Benefits	-	0.02	4.59	7.09	21.61	83.25
Long-Term Deferred Tax Liabilities	142.24	142.69	184.4	140.45	134.53	80.86
Other Long-Term Liabilities	166.59	154.59	144.13	201.47	137.39	129.54
Total Liabilities	31,810	29,642	28,468	29,797	31,669	31,458
Common Stock	5,099	5,099	5,099	5,099	5,099	5,099
Additional Paid-In Capital	157.15	195.06	2.45	1.48	1	1.22
Retained Earnings	1,800	1,860	2,120	2,062	2,450	2,599
Treasury Stock	-	-	-	-313.26	-313.26	-313.26
Comprehensive Income & Other	-144.3	-166.96	-66.21	-295.17	-347.87	-565.45
Total Common Equity	6,911	6,986	7,155	6,554	6,889	6,820
Minority Interest	1,817	1,785	490.65	240.14	187.73	162.81
Shareholders' Equity	8,728	8,772	7,646	6,794	7,076	6,983
Total Liabilities & Equity	40,539	38,414	36,114	36,591	38,746	38,441
Total Debt	22,049	20,994	19,130	21,183	22,559	18,731
Net Cash (Debt)	-18,289	-18,542	-15,933	-19,267	-19,423	-16,333
Net Cash Per Share	-35.87	-36.36	-31.65	-38.86	-39.17	-32.92
Filing Date Shares Outstanding	509.89	509.89	509.89	495.58	495.58	495.58
Total Common Shares Outstanding	509.89	509.89	509.89	495.58	495.58	495.58
Working Capital	4,810	3,435	4,082	2,590	2,775	1,653
Book Value Per Share	13.55	13.70	14.03	13.22	13.90	13.76
Tangible Book Value	3,720	3,784	4,641	4,062	4,403	4,320
Tangible Book Value Per Share	7.30	7.42	9.10	8.20	8.89	8.72
Land	-	652.05	652.87	649.85	565.13	644.87
Buildings	-	4,424	4,433	4,317	4,303	4,782
Machinery	-	8,076	7,779	7,760	7,847	7,651
Construction In Progress	-	63.42	44.27	71.92	27.53	36.68