Test Research, Inc. (TPE: 3030)

Test Research 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,184	859.92	1,149	1,226	1,561	1,301
Short-Term Investments	496.62	490.28	285.09	196.79	231.42	204.78
Cash & Short-Term Investments	1,680	1,350	1,434	1,423	1,792	1,505
Cash Growth	-7.04%	-5.83%	0.74%	-20.60%	19.07%	37.17%
Accounts Receivable	3,132	2,306	3,027	2,370	1,919	1,960
Other Receivables	37.13	34.98	37.87	32.14	20.85	21.02
Receivables	3,169	2,341	3,065	2,403	1,940	1,981
Inventory	1,408	1,262	1,466	1,747	934.73	738.43
Other Current Assets	37.21	33.48	33.62	35.52	28.26	39.43
Total Current Assets	6,295	4,986	5,998	5,608	4,696	4,264
Property, Plant & Equipment	3,999	3,781	3,063	2,284	2,176	2,197
Other Intangible Assets	24.67	28.24	23.99	26.77	24.81	20.24
Long-Term Deferred Tax Assets	90.4	99.38	74.46	80.72	90.62	76.26
Other Long-Term Assets	10.06	11.18	12.68	10.08	10.29	11.59
Total Assets	10,470	8,906	9,173	8,010	6,997	6,569
Accounts Payable	1,038	527.02	500.15	946.9	511.38	482.14
Accrued Expenses	1,131	291.95	403	255.53	225.8	199.8
Current Portion of Leases	23.58	27.86	18.65	25.04	17.29	20.58
Current Income Taxes Payable	328.78	375.98	345.44	179.87	143.36	109.84
Current Unearned Revenue	47.41	60.86	55.57	76.58	24.3	48.69
Other Current Liabilities	276.21	163.93	276.69	107.1	82.37	85.76
Total Current Liabilities	2,845	1,448	1,600	1,591	1,004	946.81
Long-Term Leases	9.5	20.77	26.54	31.66	26.22	40.94
Long-Term Deferred Tax Liabilities	220.32	205.95	224.3	194.17	160.15	102.19
Other Long-Term Liabilities	16.48	13.53	15.74	39.92	41.34	35.3
Total Liabilities	3,116	1,720	1,906	1,914	1,295	1,187
Common Stock	2,362	2,362	2,362	2,362	2,362	2,362
Additional Paid-In Capital	53.29	53.29	53.29	53.29	53.29	53.29
Retained Earnings	4,980	4,838	4,900	3,749	3,344	3,034
Comprensive Income & Other	-41.32	-67.55	-48.7	-68.36	-57.21	-67.27
Shareholders' Equity	7,354	7,186	7,267	6,096	5,702	5,382
Total Liabilities & Equity	10,470	8,906	9,173	8,010	6,997	6,569
Total Debt	33.08	48.63	45.19	56.7	43.51	61.52
Net Cash (Debt)	1,647	1,302	1,389	1,366	1,749	1,444
Net Cash Growth	-7.08%	-6.26%	1.62%	-21.86%	21.13%	31.56%
Net Cash Per Share	6.96	5.50	5.86	5.77	7.39	6.10
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	3,450	3,538	4,399	4,017	3,691	3,317
Book Value Per Share	31.13	30.42	30.76	25.81	24.14	22.79
Tangible Book Value	7,329	7,157	7,243	6,070	5,677	5,362
Tangible Book Value Per Share	31.03	30.30	30.66	25.69	24.03	22.70
Land	1,166	1,166	1,166	1,166	1,166	1,166
Buildings	2,774	921.54	921.54	921.54	921.54	921.54
Machinery	1,108	1,002	947.07	868.8	807.72	762.47
Construction In Progress	6.89	1,643	907.4	100.67	0.04	-

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