Test Research 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	Jun '26 Jun 30, 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	2,242	1,293	873.59	859.92	1,149	1,226
Short-Term Investments	179.6	285.64	444.14	490.28	285.09	196.79
Cash & Short-Term Investments	2,421	1,578	1,318	1,350	1,434	1,423
Cash Growth	11.56%	19.77%	-2.40%	-5.83%	0.74%	-20.60%
Accounts Receivable	5,383	4,255	3,146	2,306	3,027	2,370
Other Receivables	51.73	33.41	30.51	34.98	37.87	32.14
Receivables	5,434	4,289	3,176	2,341	3,065	2,403
Inventory	2,376	1,834	1,407	1,262	1,466	1,747
Other Current Assets	33.79	35.28	40.27	33.48	33.62	35.52
Total Current Assets	10,265	7,736	5,942	4,986	5,998	5,608
Property, Plant & Equipment	4,220	4,226	4,017	3,781	3,063	2,284
Long-Term Investments	167.76	42.37	41.96	-	-	-
Other Intangible Assets	26.18	21.42	27.26	28.24	23.99	26.77
Long-Term Deferred Tax Assets	115.11	111.79	103.52	99.38	74.46	80.72
Other Long-Term Assets	21.06	18.79	11.4	11.18	12.68	10.08
Total Assets	14,814	12,156	10,143	8,906	9,173	8,010
Accounts Payable	1,789	1,138	693.02	527.02	500.15	946.9
Accrued Expenses	607.64	557.74	406.77	291.95	403	255.53
Current Portion of Leases	17.25	20.1	16.23	27.86	18.65	25.04
Current Income Taxes Payable	417.04	342.27	302.96	375.98	345.44	179.87
Current Unearned Revenue	152.5	74.83	76.01	60.86	55.57	76.58
Other Current Liabilities	1,770	109.24	93.15	163.93	276.69	107.1
Total Current Liabilities	4,753	2,242	1,588	1,448	1,600	1,591
Long-Term Leases	17.57	22.58	13.47	20.77	26.54	31.66
Pension & Post-Retirement Benefits	7.5	9.49	18.31	32.46	39.58	56.93
Long-Term Deferred Tax Liabilities	268.68	248.66	223.75	205.95	224.3	194.17
Other Long-Term Liabilities	34.55	29.66	18.18	13.53	15.74	39.92
Total Liabilities	5,081	2,552	1,862	1,720	1,906	1,914
Common Stock	2,362	2,362	2,362	2,362	2,362	2,362
Additional Paid-In Capital	70.74	70.74	53.29	53.29	53.29	53.29
Retained Earnings	7,284	7,199	5,899	4,838	4,900	3,749
Comprehensive Income & Other	15.97	-28.06	-33.76	-67.55	-48.7	-68.36
Shareholders' Equity	9,733	9,604	8,281	7,186	7,267	6,096
Total Liabilities & Equity	14,814	12,156	10,143	8,906	9,173	8,010
Total Debt	34.82	42.68	29.71	48.63	45.19	56.7
Net Cash (Debt)	2,386	1,536	1,288	1,302	1,389	1,366
Net Cash Growth	11.55%	19.22%	-1.04%	-6.26%	1.62%	-21.86%
Net Cash Per Share	10.09	6.49	5.44	5.50	5.86	5.77
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	5,512	5,494	4,353	3,538	4,399	4,017
Book Value Per Share	41.20	40.66	35.06	30.42	30.76	25.81
Tangible Book Value	9,707	9,582	8,254	7,157	7,243	6,070
Tangible Book Value Per Share	41.09	40.57	34.94	30.30	30.66	25.69
Land	1,201	1,201	1,166	1,166	1,166	1,166
Buildings	2,819	2,819	2,799	921.54	921.54	921.54
Machinery	1,332	1,240	1,166	1,002	947.07	868.8
Construction In Progress	206.25	197.72	-	1,643	907.4	100.67