Andes Technology Corporation (TPE: 6533)

Andes 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	2,503	1,890	4,098	4,005	526.68	471.87
Short-Term Investments	-	1,078	-	180	180	325.5
Cash & Short-Term Investments	2,503	2,968	4,098	4,185	706.68	797.37
Cash Growth	-30.58%	-27.57%	-2.08%	492.17%	-11.37%	-15.92%
Accounts Receivable	336.69	427.18	238.98	262.51	245.79	202.46
Other Receivables	105.63	47.12	16.73	0.8	0.14	0.23
Receivables	442.32	474.29	255.71	263.31	245.93	202.69
Inventory	2.16	2.15	2.2	1.14	2	1.61
Prepaid Expenses	92.67	156.99	66.57	45.81	22.49	26.33
Total Current Assets	3,040	3,602	4,422	4,495	977.1	1,028
Property, Plant & Equipment	178.48	204.81	160.29	119.82	129.36	150.74
Other Intangible Assets	1,498	1,136	613.61	380.11	290.44	205.04
Long-Term Deferred Tax Assets	52.55	30.7	22.55	0.71	0.41	0.53
Other Long-Term Assets	398.27	363.31	205.53	33.56	5.59	5.6
Total Assets	5,168	5,336	5,424	5,029	1,403	1,390
Accounts Payable	0.04	-	-	2.93	0.26	0.03
Current Portion of Leases	31.03	28.67	16.9	13.96	17.08	17.47
Current Unearned Revenue	73.05	83.46	93.34	72.02	28.84	37.78
Other Current Liabilities	246.67	286.4	210.76	86.22	69	50.67
Total Current Liabilities	350.79	398.54	321.01	175.14	115.18	105.94
Long-Term Leases	69.09	81.95	70.74	82.76	92.33	109.7
Long-Term Deferred Tax Liabilities	58.96	44.57	43.14	-	-	-
Total Liabilities	478.84	525.05	434.89	257.89	207.51	215.64
Common Stock	506.51	506.51	506.51	506.51	426.51	426.51
Additional Paid-In Capital	4,094	4,096	4,096	4,096	728.97	728.97
Retained Earnings	76.88	205.54	383.23	171.59	41.55	20.92
Comprensive Income & Other	11.57	2.83	3.38	-2.85	-1.65	-2.12
Shareholders' Equity	4,689	4,811	4,989	4,771	1,195	1,174
Total Liabilities & Equity	5,168	5,336	5,424	5,029	1,403	1,390
Total Debt	100.12	110.62	87.64	96.72	109.41	127.16
Net Cash (Debt)	2,403	2,857	4,010	4,088	597.27	670.21
Net Cash Growth	-31.86%	-28.74%	-1.91%	584.45%	-10.88%	-29.33%
Net Cash Per Share	47.44	56.41	78.86	90.67	14.00	15.71
Filing Date Shares Outstanding	50.65	50.65	50.65	50.65	42.65	42.65
Total Common Shares Outstanding	50.65	50.65	50.65	50.65	42.65	42.65
Working Capital	2,690	3,203	4,101	4,320	861.92	922.07
Book Value Per Share	92.58	94.98	98.50	94.20	28.03	27.53
Tangible Book Value	3,191	3,675	4,376	4,391	904.95	969.23
Tangible Book Value Per Share	63.00	72.56	86.39	86.70	21.22	22.72
Machinery	119.87	116.74	81.95	24.77	19.89	17.67
Leasehold Improvements	25.4	25.88	18.61	16.9	15.38	15.38

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