Lungteh Shipbuilding 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	2,533	2,830	3,143	891.19	349.85	413.61
Short-Term Investments	200	220.9	-	-	21.12	-
Cash & Short-Term Investments	2,733	3,051	3,143	891.19	370.97	413.61
Cash Growth	-19.46%	-2.93%	252.66%	140.23%	-10.31%	31.57%
Accounts Receivable	475.55	921.5	725.25	278.09	733.19	761.06
Other Receivables	286.68	219.32	223.39	157.94	81.28	29.32
Receivables	762.24	1,141	948.64	436.04	814.47	790.38
Inventory	1,485	718.07	630.11	1,433	239.07	297.99
Prepaid Expenses	29.36	33.27	24.78	21.85	36.43	40.3
Other Current Assets	742.23	1,049	821.45	927.64	919.57	248.34
Total Current Assets	5,752	5,992	5,568	3,710	2,381	1,791
Property, Plant & Equipment	4,362	3,753	3,051	2,980	2,577	1,844
Other Intangible Assets	4.93	5.41	7.08	8.49	5.97	6.27
Long-Term Deferred Tax Assets	158.76	163.45	104.47	62.34	52.52	31.26
Other Long-Term Assets	240.74	243.73	337.08	121.65	341.18	260.46
Total Assets	10,518	10,158	9,067	6,882	5,357	3,932
Accounts Payable	302.12	346.38	370.11	519.13	456.79	311.58
Accrued Expenses	157.93	156.64	156.35	107.28	78.77	68.29
Short-Term Debt	787.59	366.04	326.85	302.12	331.11	576.71
Current Portion of Long-Term Debt	77.38	95.96	204.95	773.55	228.72	60.83
Current Portion of Leases	24.25	25.25	29.55	28.97	23.13	12.5
Current Income Taxes Payable	35.2	143.05	271.96	159.74	111.82	47.87
Current Unearned Revenue	2,171	2,297	2,872	1,449	858.69	259.43
Other Current Liabilities	815.07	815.75	438.58	207.14	105.76	96.76
Total Current Liabilities	4,371	4,247	4,671	3,547	2,195	1,434
Long-Term Debt	1,086	1,574	708.98	765.15	869.75	747.88
Long-Term Leases	564.34	573.81	589.69	570.45	557.56	196.77
Pension & Post-Retirement Benefits	50.02	50.57	49.55	59.12	55.84	62.14
Long-Term Deferred Tax Liabilities	0.09	6.39	-	-	-	-
Other Long-Term Liabilities	15.8	15.62	15.4	15.17	14.95	-
Total Liabilities	6,087	6,467	6,034	4,956	3,693	2,441
Common Stock	1,131	1,131	1,078	980	800	800
Additional Paid-In Capital	1,407	988.23	920.65	386.05	386.05	386.05
Retained Earnings	1,848	1,566	1,033	558.13	476.9	304.84
Comprehensive Income & Other	44.8	5.66	1.94	1.12	0.99	0.84
Shareholders' Equity	4,432	3,691	3,033	1,925	1,664	1,492
Total Liabilities & Equity	10,518	10,158	9,067	6,882	5,357	3,932
Total Debt	2,539	2,635	1,860	2,440	2,010	1,595
Net Cash (Debt)	193.5	415.4	1,283	-1,549	-1,639	-1,181
Net Cash Growth	-70.07%	-67.62%	-	-	-	-
Net Cash Per Share	1.54	3.53	11.49	-15.04	-15.91	-12.84
Filing Date Shares Outstanding	113.14	113.14	113.14	102.9	102.9	102.9
Total Common Shares Outstanding	113.14	113.14	113.14	102.9	102.9	102.9
Working Capital	1,381	1,746	897.09	163.08	185.74	356.66
Book Value Per Share	39.17	32.62	26.81	18.71	16.17	14.50
Tangible Book Value	4,427	3,685	3,026	1,917	1,658	1,485
Tangible Book Value Per Share	39.13	32.57	26.74	18.63	16.11	14.44
Land	442.38	442.38	371.02	348.38	328.37	259.73
Buildings	2,147	1,836	1,793	1,659	1,571	1,345
Machinery	925.38	902.32	808.9	732.58	418.79	297.97
Construction In Progress	1,067	655.93	11.94	50.17	16.57	17.39
Leasehold Improvements	10.63	10.63	9.68	9.68	4.27	-

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