TSEC Corporation 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	Mar '26 Mar 31, 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	394.65	611.51	622.18	1,194	837.8	1,057
Short-Term Investments	17.91	11.89	85.3	85.34	124.93	-
Trading Asset Securities	0.04	-	-	-	-	-
Cash & Short-Term Investments	412.61	623.4	707.48	1,280	962.73	1,057
Cash Growth	-35.36%	-11.88%	-44.71%	32.92%	-8.95%	-37.50%
Accounts Receivable	384.11	449.35	1,293	1,613	1,174	842.51
Other Receivables	3.76	5.48	5.06	6.37	17.25	12.67
Receivables	387.87	454.83	1,298	1,620	1,192	855.18
Inventory	509.59	413.21	1,169	1,328	1,814	1,572
Prepaid Expenses	14.89	32.7	18.45	28.71	35.83	24.66
Other Current Assets	82.84	43.38	59.01	69	23.29	219.51
Total Current Assets	1,408	1,568	3,252	4,325	4,027	3,729
Property, Plant & Equipment	4,042	4,134	5,667	6,246	5,453	4,883
Long-Term Investments	679.89	684.08	780.62	781.11	325.62	329.42
Other Intangible Assets	5.09	6.41	8.76	7.8	4.71	4.25
Long-Term Deferred Tax Assets	-	-	246.46	244.81	236.84	223.39
Other Long-Term Assets	218.56	233.47	367.92	461.98	1,260	1,061
Total Assets	6,353	6,625	10,323	12,067	11,308	10,230
Accounts Payable	112.79	103.22	214	525.35	898.24	1,001
Accrued Expenses	124.13	142.69	188.77	263.65	221.93	203.91
Short-Term Debt	487.93	419.83	280.05	421.74	1,269	598.97
Current Portion of Long-Term Debt	331.6	387.15	446.35	518.93	218.6	412.62
Current Portion of Leases	5.06	5.37	4.78	11.74	5.47	9.18
Current Income Taxes Payable	0.06	6.65	10.03	-	-	-
Current Unearned Revenue	41	75.22	61.58	90.01	117.75	294.23
Other Current Liabilities	35.24	77.28	105.39	196.94	179.66	130.46
Total Current Liabilities	1,138	1,217	1,311	2,028	2,911	2,650
Long-Term Debt	1,317	1,413	1,852	2,068	1,931	2,141
Long-Term Leases	5.31	6.51	1.06	4.68	5.4	1.53
Long-Term Deferred Tax Liabilities	12.13	10.05	7.05	3.35	0.63	1.24
Other Long-Term Liabilities	336.4	336.46	317.63	312.97	308.79	306.35
Total Liabilities	2,809	2,983	3,489	4,418	5,157	5,100
Common Stock	5,128	5,128	5,128	5,128	4,763	4,458
Additional Paid-In Capital	1,703	1,703	1,966	1,966	1,325	800.32
Retained Earnings	-3,294	-3,194	-92.4	723.33	233.73	46.32
Comprehensive Income & Other	5.32	2.27	-170.51	-170.9	-171.05	-175.15
Total Common Equity	3,542	3,639	6,831	7,646	6,151	5,129
Minority Interest	2.87	2.87	2.88	2.99	0.1	0.1
Shareholders' Equity	3,544	3,642	6,834	7,649	6,151	5,130
Total Liabilities & Equity	6,353	6,625	10,323	12,067	11,308	10,230
Total Debt	2,147	2,232	2,585	3,025	3,430	3,163
Net Cash (Debt)	-1,734	-1,608	-1,877	-1,746	-2,468	-2,106
Net Cash Per Share	-3.38	-3.14	-3.66	-3.37	-5.36	-4.72
Filing Date Shares Outstanding	512.8	512.8	512.8	512.8	476.3	445.8
Total Common Shares Outstanding	512.8	512.8	512.8	512.8	476.3	445.8
Working Capital	269.98	350.1	1,941	2,297	1,116	1,078
Book Value Per Share	6.91	7.10	13.32	14.91	12.91	11.51
Tangible Book Value	3,536	3,633	6,822	7,638	6,146	5,125
Tangible Book Value Per Share	6.90	7.08	13.30	14.90	12.90	11.50
Land	1,072	1,072	1,072	1,072	1,072	1,072
Buildings	4,825	4,802	4,693	4,533	3,478	3,414
Machinery	2,855	3,488	3,317	2,899	3,562	3,526
Construction In Progress	24.17	46.1	109.3	27.61	530.8	64.97