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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9,900	5,715	4,873	4,763	3,048	2,776
Short-Term Investments	44.45	-	-	-	-	-
Trading Asset Securities	26.27	22.3	21.89	24.87	23.5	21.81
Cash & Short-Term Investments	9,971	5,737	4,895	4,788	3,072	2,798
Cash Growth	55.44%	17.21%	2.23%	55.87%	9.79%	15.96%
Accounts Receivable	1,089	1,562	1,358	971.87	828.61	1,375
Other Receivables	98.45	80.15	156.59	77.66	113.99	52.02
Receivables	1,187	1,643	1,514	1,050	942.6	1,427
Inventory	929.47	1,222	3,017	1,327	502.2	634.55
Prepaid Expenses	171.85	133.31	155.54	169.07	160.71	-
Other Current Assets	141.42	138.85	172.01	59.08	24.92	163.39
Total Current Assets	12,401	8,873	9,754	7,392	4,702	5,023
Property, Plant & Equipment	1,039	863.84	769.85	729.31	773.6	831.31
Long-Term Investments	2,746	2,667	1,997	3,089	2,246	1,216
Other Intangible Assets	1,556	683.28	614.99	505.05	259.26	550.57
Long-Term Deferred Tax Assets	96.73	108.7	47.35	26.31	48.78	41.76
Other Long-Term Assets	207.25	221.46	329.02	294.45	169.31	39.19
Total Assets	18,322	13,418	13,513	12,037	8,199	7,702
Accounts Payable	1,268	998.79	1,129	1,372	644.72	1,081
Short-Term Debt	46.96	94.87	127.24	-	-	-
Current Portion of Leases	36.69	29.25	49.86	18.35	32.58	33.9
Current Income Taxes Payable	286.25	433.65	450.23	171.17	50.34	75.56
Current Unearned Revenue	852.4	787.11	1,452	1,311	476.6	303.02
Other Current Liabilities	1,977	892.15	946.96	633.52	409.85	585.71
Total Current Liabilities	4,468	3,236	4,156	3,506	1,614	2,079
Long-Term Leases	250.75	199.67	217.38	200.59	209.84	231.44
Long-Term Unearned Revenue	-	-	-	-	2.72	4.76
Long-Term Deferred Tax Liabilities	116.68	35.37	22.13	8.59	6.81	5.46
Other Long-Term Liabilities	329.94	92.65	148.83	161.25	16.32	96.9
Total Liabilities	5,166	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	4,698	5,276	4,930	3,279	2,371	2,363
Comprensive Income & Other	1,183	1,067	478.25	1,370	712.85	-369.71
Total Common Equity	12,812	9,533	8,599	7,840	6,294	5,204
Minority Interest	345.15	321.16	369.41	315.33	47.06	59.02
Shareholders' Equity	13,157	9,855	8,969	8,155	6,341	5,263
Total Liabilities & Equity	18,322	13,418	13,513	12,037	8,199	7,702
Total Debt	334.4	323.79	394.48	218.95	242.41	265.34
Net Cash (Debt)	9,637	5,413	4,500	4,569	2,829	2,533
Net Cash Growth	61.50%	20.29%	-1.51%	61.48%	11.72%	4.97%
Net Cash Per Share	38.22	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	7,933	5,638	5,598	3,886	3,088	2,944
Book Value Per Share	49.17	38.36	34.60	31.54	25.32	20.94
Tangible Book Value	10,980	8,850	7,984	7,335	6,035	4,653
Tangible Book Value Per Share	42.14	35.61	32.12	29.51	24.28	18.72
Land	33.58	33.58	33.58	33.58	33.58	33.58
Buildings	607.26	602.61	599.8	585.48	580.81	577.06
Machinery	329.98	270.08	228.63	264.21	229.18	243.9

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