TSEC Corporation 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	780.05	622.18	1,194	837.8	1,057	1,632
Short-Term Investments	11.54	85.3	85.34	124.93	-	-
Trading Asset Securities	-	-	-	-	-	60.01
Cash & Short-Term Investments	791.59	707.48	1,280	962.73	1,057	1,692
Cash Growth	14.34%	-44.71%	32.92%	-8.95%	-37.50%	290.03%
Accounts Receivable	734.42	1,293	1,613	1,174	842.51	760.93
Other Receivables	7.71	5.06	6.37	17.25	12.67	29.49
Receivables	742.13	1,298	1,620	1,192	855.18	790.42
Inventory	1,053	1,184	1,328	1,814	1,572	937.15
Prepaid Expenses	33.9	3.82	28.71	35.83	24.66	22.19
Other Current Assets	38.44	46.06	69	23.29	219.51	8.56
Total Current Assets	2,659	3,239	4,325	4,027	3,729	3,450
Property, Plant & Equipment	5,348	5,667	6,246	5,453	4,883	4,961
Long-Term Investments	606.97	780.62	781.11	325.62	329.42	120.71
Other Intangible Assets	6.2	8.76	7.8	4.71	4.25	1.44
Long-Term Accounts Receivable	56.36	-	-	-	-	-
Long-Term Deferred Tax Assets	182.49	246.46	244.81	236.84	223.39	220.25
Other Long-Term Assets	298.19	380.87	461.98	1,260	1,061	664.39
Total Assets	9,158	10,323	12,067	11,308	10,230	9,418
Accounts Payable	71.17	214	525.35	898.24	1,001	616.25
Accrued Expenses	160.23	198.8	263.65	221.93	203.91	151.17
Short-Term Debt	679.38	280.05	421.74	1,269	598.97	818.59
Current Portion of Long-Term Debt	391.36	446.35	518.93	218.6	412.62	379.43
Current Portion of Leases	5.77	4.78	11.74	5.47	9.18	8.66
Current Income Taxes Payable	3.93	-	-	-	-	-
Current Unearned Revenue	43.25	47.58	90.01	117.75	294.23	46.71
Other Current Liabilities	51.81	119.39	196.94	179.66	130.46	85.29
Total Current Liabilities	1,407	1,311	2,028	2,911	2,650	2,106
Long-Term Debt	1,553	1,852	2,068	1,931	2,141	2,516
Long-Term Leases	7.71	1.06	4.68	5.4	1.53	1.81
Long-Term Deferred Tax Liabilities	9.34	7.05	3.35	0.63	1.24	1.05
Other Long-Term Liabilities	318.85	317.63	312.97	308.79	306.35	14.71
Total Liabilities	3,296	3,489	4,418	5,157	5,100	4,640
Common Stock	5,128	5,128	5,128	4,763	4,458	4,458
Additional Paid-In Capital	1,703	1,966	1,966	1,325	800.32	1,155
Retained Earnings	-970.49	-92.4	723.33	233.73	46.32	-681.54
Comprehensive Income & Other	-1.33	-170.51	-170.9	-171.05	-175.15	-174.59
Total Common Equity	5,859	6,831	7,646	6,151	5,129	4,757
Minority Interest	2.87	2.88	2.99	0.1	0.1	21.69
Shareholders' Equity	5,862	6,834	7,649	6,151	5,130	4,778
Total Liabilities & Equity	9,158	10,323	12,067	11,308	10,230	9,418
Total Debt	2,637	2,585	3,025	3,430	3,163	3,725
Net Cash (Debt)	-1,846	-1,877	-1,746	-2,468	-2,106	-2,033
Net Cash Per Share	-3.60	-3.66	-3.37	-5.36	-4.72	-5.29
Filing Date Shares Outstanding	512.8	512.8	512.8	476.3	445.8	445.8
Total Common Shares Outstanding	512.8	512.8	512.8	476.3	445.8	445.8
Working Capital	1,252	1,928	2,297	1,116	1,078	1,344
Book Value Per Share	11.43	13.32	14.91	12.91	11.51	10.67
Tangible Book Value	5,853	6,822	7,638	6,146	5,125	4,755
Tangible Book Value Per Share	11.41	13.30	14.90	12.90	11.50	10.67
Land	1,072	1,072	1,072	1,072	1,072	1,072
Buildings	4,800	4,693	4,533	3,478	3,414	3,334
Machinery	3,438	3,317	2,899	3,562	3,526	3,492
Construction In Progress	26.08	109.3	27.61	530.8	64.97	0.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.