Dawushan Farm Technology Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	187.9	403.87	263.07	174.14	127.89
Short-Term Investments	2.9	3.9	100	-	-
Cash & Short-Term Investments	190.8	407.77	363.07	174.14	127.89
Cash Growth	-53.21%	12.31%	108.49%	36.17%	-28.92%
Accounts Receivable	368.75	302.53	239.43	216.54	148.54
Other Receivables	3.93	1.59	2.9	0.51	0.89
Receivables	372.67	304.12	242.33	217.05	149.43
Inventory	107.74	91.28	44.9	50.97	40.17
Prepaid Expenses	47.09	23.02	9.65	9.09	5.14
Other Current Assets	0.74	5.85	0.43	-	-
Total Current Assets	719.04	832.03	660.38	451.24	322.62
Property, Plant & Equipment	2,858	2,532	1,466	1,376	1,196
Goodwill	129.2	145.96	21.5	21.5	21.5
Other Intangible Assets	1.02	31.61	33.27	35.2	36.2
Long-Term Deferred Tax Assets	26.21	3.57	4.18	4.48	3.19
Other Long-Term Assets	99.75	125.89	77.3	93.59	3.19
Total Assets	3,833	3,672	2,263	1,982	1,583
Accounts Payable	178.76	187.74	110.72	113.4	101.51
Accrued Expenses	103.71	122.53	64.99	67.06	41.66
Short-Term Debt	405	-	66	6	87
Current Portion of Long-Term Debt	336.26	49.75	98.59	62.78	29.33
Current Portion of Leases	20.88	15.44	2.7	3.01	3.29
Current Income Taxes Payable	-	27.75	28.7	40.85	9.58
Current Unearned Revenue	0.61	3.17	0.12	2.48	0.67
Other Current Liabilities	89.86	54.64	19.16	15.8	160.97
Total Current Liabilities	1,135	461.02	390.99	311.38	434.01
Long-Term Debt	853.25	698.98	524.4	596.45	224.98
Long-Term Leases	72.83	31.09	2.87	4.39	6.42
Long-Term Deferred Tax Liabilities	0.67	0.27	0.29	0.34	0.14
Total Liabilities	2,062	1,191	918.55	912.57	665.55
Common Stock	683.45	683.45	607.5	550	400
Additional Paid-In Capital	467.11	585.29	230.35	50	200
Retained Earnings	326.67	475.4	448.95	459.37	302.83
Treasury Stock	-49.01	-36.51	-	-	-
Comprehensive Income & Other	-	403.92	-	-	-
Total Common Equity	1,428	2,112	1,287	1,059	902.83
Minority Interest	343.2	368.63	57.27	10.3	14.36
Shareholders' Equity	1,771	2,480	1,344	1,070	917.19
Total Liabilities & Equity	3,833	3,672	2,263	1,982	1,583
Total Debt	1,688	795.26	694.57	672.63	351.02
Net Cash (Debt)	-1,497	-387.49	-331.49	-498.49	-223.13
Net Cash Per Share	-22.23	-5.96	-5.63	-8.60	-5.30
Filing Date Shares Outstanding	67.35	67.35	60.75	57.75	42
Total Common Shares Outstanding	67.35	67.6	60.75	57.75	42
Working Capital	-416.04	371.01	269.4	139.86	-111.39
Book Value Per Share	21.21	31.24	21.18	18.34	21.50
Tangible Book Value	1,298	1,934	1,232	1,003	845.14
Tangible Book Value Per Share	19.27	28.61	20.28	17.36	20.12
Land	521.94	470.88	270.52	224.52	103.55
Buildings	1,271	887.09	848.86	844.09	654.57
Machinery	1,225	1,063	914.5	808.35	728.11
Construction In Progress	528.11	833.8	28.37	7.92	75.79
Leasehold Improvements	18.1	18.1	18.55	18.55	18.55

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