Test Research 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	657.84	873.59	859.92	1,149	1,226	1,561
Short-Term Investments	271.01	444.14	490.28	285.09	196.79	231.42
Cash & Short-Term Investments	928.85	1,318	1,350	1,434	1,423	1,792
Cash Growth	-5.06%	-2.40%	-5.83%	0.74%	-20.60%	19.07%
Accounts Receivable	4,277	3,146	2,306	3,027	2,370	1,919
Other Receivables	52.47	30.51	34.98	37.87	32.14	20.85
Receivables	4,330	3,176	2,341	3,065	2,403	1,940
Inventory	1,841	1,407	1,262	1,466	1,747	934.73
Other Current Assets	35.06	40.27	33.48	33.62	35.52	28.26
Total Current Assets	7,135	5,942	4,986	5,998	5,608	4,696
Property, Plant & Equipment	4,018	4,017	3,781	3,063	2,284	2,176
Long-Term Investments	48.24	41.96	-	-	-	-
Other Intangible Assets	23.27	27.26	28.24	23.99	26.77	24.81
Long-Term Deferred Tax Assets	117.37	103.52	99.38	74.46	80.72	90.62
Other Long-Term Assets	22.79	11.4	11.18	12.68	10.08	10.29
Total Assets	11,365	10,143	8,906	9,173	8,010	6,997
Accounts Payable	1,416	693.02	527.02	500.15	946.9	511.38
Accrued Expenses	404.28	406.77	291.95	403	255.53	225.8
Current Portion of Leases	20.85	16.23	27.86	18.65	25.04	17.29
Current Income Taxes Payable	211.47	302.96	375.98	345.44	179.87	143.36
Current Unearned Revenue	76.39	76.01	60.86	55.57	76.58	24.3
Other Current Liabilities	93.52	93.15	163.93	276.69	107.1	82.37
Total Current Liabilities	2,222	1,588	1,448	1,600	1,591	1,004
Long-Term Leases	21.67	13.47	20.77	26.54	31.66	26.22
Pension & Post-Retirement Benefits	12.57	18.31	32.46	39.58	56.93	62.91
Long-Term Deferred Tax Liabilities	223.6	223.75	205.95	224.3	194.17	160.15
Other Long-Term Liabilities	27.3	18.18	13.53	15.74	39.92	41.34
Total Liabilities	2,507	1,862	1,720	1,906	1,914	1,295
Common Stock	2,362	2,362	2,362	2,362	2,362	2,362
Additional Paid-In Capital	70.74	53.29	53.29	53.29	53.29	53.29
Retained Earnings	6,511	5,899	4,838	4,900	3,749	3,344
Comprehensive Income & Other	-86.3	-33.76	-67.55	-48.7	-68.36	-57.21
Shareholders' Equity	8,857	8,281	7,186	7,267	6,096	5,702
Total Liabilities & Equity	11,365	10,143	8,906	9,173	8,010	6,997
Total Debt	42.52	29.71	48.63	45.19	56.7	43.51
Net Cash (Debt)	886.33	1,288	1,302	1,389	1,366	1,749
Net Cash Growth	-6.02%	-1.04%	-6.26%	1.62%	-21.86%	21.13%
Net Cash Per Share	3.75	5.44	5.50	5.86	5.77	7.39
Filing Date Shares Outstanding	236.22	236.22	236.22	236.22	236.22	236.22
Total Common Shares Outstanding	236.22	236.22	236.22	236.22	236.22	236.22
Working Capital	4,912	4,353	3,538	4,399	4,017	3,691
Book Value Per Share	37.50	35.06	30.42	30.76	25.81	24.14
Tangible Book Value	8,834	8,254	7,157	7,243	6,070	5,677
Tangible Book Value Per Share	37.40	34.94	30.30	30.66	25.69	24.03
Land	1,166	1,166	1,166	1,166	1,166	1,166
Buildings	2,816	2,799	921.54	921.54	921.54	921.54
Machinery	1,187	1,166	1,002	947.07	868.8	807.72
Construction In Progress	26.83	-	1,643	907.4	100.67	0.04

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