Qing Song Health 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	315.4	398.39	286.03	233.95	326.42	296.37
Short-Term Investments	-	146.42	108.46	148.12	15.65	-
Trading Asset Securities	421.94	290.71	16.55	13.72	13.57	-
Cash & Short-Term Investments	737.35	835.52	411.04	395.8	355.64	296.37
Cash Growth	-10.04%	103.27%	3.85%	11.29%	20.00%	28.37%
Accounts Receivable	71.08	71.85	58.3	55.85	43.34	78.13
Other Receivables	4.37	4.11	2.47	9.08	0.18	3.6
Receivables	75.44	75.95	60.77	64.93	43.52	81.74
Inventory	0.88	0.85	0.58	0.38	0.41	3.98
Prepaid Expenses	6.17	-	-	2.9	2.56	2.14
Other Current Assets	117.23	6.27	4.24	0.06	0.09	0.05
Total Current Assets	937.07	918.59	476.62	464.07	402.22	384.27
Property, Plant & Equipment	1,461	1,433	1,242	1,098	1,022	481.47
Long-Term Investments	1.08	1.61	1.94	1.02	1.08	5.52
Other Intangible Assets	0.49	0.43	0.69	0.57	1.03	1.29
Long-Term Deferred Tax Assets	16.42	16.33	15.5	8.02	7.96	5.39
Other Long-Term Assets	206.84	211.89	220.67	112.85	109.87	483.67
Total Assets	2,623	2,582	1,957	1,684	1,544	1,362
Accounts Payable	20.75	19.43	12.69	17.08	10.68	11.87
Short-Term Debt	-	-	60	-	-	-
Current Portion of Long-Term Debt	-	14.4	21.37	23.75	24.75	19.76
Current Portion of Leases	69.81	67.37	60.01	46.45	49.47	29.8
Current Income Taxes Payable	16.1	8.95	7.12	14.53	10.26	2.23
Current Unearned Revenue	1.63	4.7	0.69	10.59	17.96	26.98
Other Current Liabilities	148.49	118.84	98.19	76.3	63.13	46.65
Total Current Liabilities	256.77	233.68	260.07	188.7	176.25	137.28
Long-Term Debt	134.8	138.4	170.42	184.05	207.79	216.27
Long-Term Leases	987.05	983.16	812.02	618	527.47	427.73
Long-Term Unearned Revenue	-	8.96	11.92	7.8	12.53	13.04
Pension & Post-Retirement Benefits	-	0.11	-	-	-	-
Long-Term Deferred Tax Liabilities	1.49	1.42	-	-	-	-
Other Long-Term Liabilities	56.1	46.92	30.51	28.82	23.52	8.91
Total Liabilities	1,436	1,413	1,285	1,027	947.55	803.22
Common Stock	661.52	661.52	600.52	551.95	532	376
Additional Paid-In Capital	392.12	392.12	0.23	0.23	0.23	156.33
Retained Earnings	105.86	89.55	44.95	67.65	29.29	5.97
Comprehensive Income & Other	0.14	0.67	0.92	0	0.06	-
Total Common Equity	1,160	1,144	646.62	619.84	561.59	538.3
Minority Interest	27.16	25.19	25.52	37.03	34.52	20.1
Shareholders' Equity	1,187	1,169	672.14	656.86	596.11	558.39
Total Liabilities & Equity	2,623	2,582	1,957	1,684	1,544	1,362
Total Debt	1,192	1,203	1,124	872.25	809.48	693.55
Net Cash (Debt)	-454.32	-367.81	-712.78	-476.45	-453.83	-397.18
Net Cash Per Share	-6.87	-5.57	-11.87	-7.93	-7.56	-6.61
Filing Date Shares Outstanding	66.15	66.15	60.05	60.05	60.05	60.05
Total Common Shares Outstanding	66.15	66.15	60.05	60.05	60.05	60.05
Working Capital	680.3	684.91	216.55	275.37	225.97	246.99
Book Value Per Share	17.53	17.29	10.77	10.32	9.35	8.96
Tangible Book Value	1,159	1,143	645.92	619.27	560.56	537
Tangible Book Value Per Share	17.52	17.29	10.76	10.31	9.33	8.94
Buildings	-	347.61	347.61	318.79	318.37	1.47
Machinery	-	91.44	80.72	70.11	65.91	31.5
Construction In Progress	-	66.19	45.61	36.54	15.22	62.31
Leasehold Improvements	-	274.03	228.91	168.75	148.38	67.97

Source: S&P Global Market Intelligence. Standard template. Financial Sources.