Faraday Technology Corporation (TPE: 3035)

Faraday Technology 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	8,319	5,715	4,873	4,763	3,048	2,776
Short-Term Investments	45.25	-	-	-	-	-
Trading Asset Securities	25.67	22.3	21.89	24.87	23.5	21.81
Cash & Short-Term Investments	8,390	5,737	4,895	4,788	3,072	2,798
Cash Growth	50.75%	17.21%	2.23%	55.87%	9.79%	15.96%
Accounts Receivable	1,251	1,562	1,358	971.87	828.61	1,375
Other Receivables	152.9	80.15	156.59	77.66	113.99	52.02
Receivables	1,404	1,643	1,514	1,050	942.6	1,427
Inventory	841.59	1,222	3,017	1,327	502.2	634.55
Prepaid Expenses	154.71	133.31	155.54	169.07	160.71	-
Other Current Assets	110.53	138.85	172.01	59.08	24.92	163.39
Total Current Assets	10,901	8,873	9,754	7,392	4,702	5,023
Property, Plant & Equipment	1,181	863.84	769.85	729.31	773.6	831.31
Long-Term Investments	3,750	2,667	1,997	3,089	2,246	1,216
Other Intangible Assets	2,014	683.28	614.99	505.05	259.26	550.57
Long-Term Deferred Tax Assets	89.58	108.7	47.35	26.31	48.78	41.76
Other Long-Term Assets	216.38	221.46	329.02	294.45	169.31	39.19
Total Assets	18,427	13,418	13,513	12,037	8,199	7,702
Accounts Payable	1,412	998.79	1,129	1,372	644.72	1,081
Short-Term Debt	25	94.87	127.24	-	-	-
Current Portion of Leases	138.63	29.25	49.86	18.35	32.58	33.9
Current Income Taxes Payable	227.96	433.65	450.23	171.17	50.34	75.56
Current Unearned Revenue	915.5	787.11	1,452	1,311	476.6	303.02
Other Current Liabilities	1,170	892.15	946.96	633.52	409.85	585.71
Total Current Liabilities	3,888	3,236	4,156	3,506	1,614	2,079
Long-Term Leases	270	199.67	217.38	200.59	209.84	231.44
Long-Term Unearned Revenue	-	-	-	-	2.72	4.76
Long-Term Deferred Tax Liabilities	124.66	35.37	22.13	8.59	6.81	5.46
Other Long-Term Liabilities	623.75	92.65	148.83	161.25	16.32	96.9
Total Liabilities	4,907	3,564	4,544	3,881	1,858	2,439
Common Stock	2,606	2,486	2,486	2,486	2,486	2,486
Additional Paid-In Capital	4,325	705.7	705.7	705.7	724.57	724.9
Retained Earnings	4,962	5,276	4,930	3,279	2,371	2,363
Comprehensive Income & Other	1,258	1,067	478.25	1,370	712.85	-369.71
Total Common Equity	13,152	9,533	8,599	7,840	6,294	5,204
Minority Interest	368.79	321.16	369.41	315.33	47.06	59.02
Shareholders' Equity	13,520	9,855	8,969	8,155	6,341	5,263
Total Liabilities & Equity	18,427	13,418	13,513	12,037	8,199	7,702
Total Debt	433.62	323.79	394.48	218.95	242.41	265.34
Net Cash (Debt)	7,956	5,413	4,500	4,569	2,829	2,533
Net Cash Growth	55.88%	20.29%	-1.51%	61.48%	11.72%	4.97%
Net Cash Per Share	31.20	21.70	17.91	18.32	11.34	10.17
Filing Date Shares Outstanding	260.55	248.55	248.55	248.55	248.55	248.55
Total Common Shares Outstanding	260.55	248.55	248.55	248.55	248.55	248.55
Working Capital	7,012	5,638	5,598	3,886	3,088	2,944
Book Value Per Share	50.48	38.36	34.60	31.54	25.32	20.94
Tangible Book Value	10,862	8,850	7,984	7,335	6,035	4,653
Tangible Book Value Per Share	41.69	35.61	32.12	29.51	24.28	18.72
Land	33.58	33.58	33.58	33.58	33.58	33.58
Buildings	615.12	602.61	599.8	585.48	580.81	577.06
Machinery	363.11	270.08	228.63	264.21	229.18	243.9

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