V5 Technologies 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,153	265.52	164.39	101.19
Cash & Short-Term Investments	1,153	265.52	164.39	101.19
Cash Growth	334.14%	61.52%	62.46%	-
Accounts Receivable	202.84	96.18	6.35	7.36
Other Receivables	0.22	0.47	0.43	1.74
Receivables	203.06	96.65	6.78	9.1
Inventory	1,045	591.12	257.48	213.39
Prepaid Expenses	15.52	7.59	6.91	3.02
Other Current Assets	0.28	0.14	0.01	-
Total Current Assets	2,417	961.02	435.57	326.71
Property, Plant & Equipment	182.87	94.07	54.96	43.77
Other Intangible Assets	7.91	3.72	1.99	0.52
Long-Term Accounts Receivable	-	0.41	-	-
Long-Term Deferred Tax Assets	11.3	-	-	-
Other Long-Term Assets	23.42	2.56	0.93	0.48
Total Assets	2,643	1,062	493.46	371.48
Accounts Payable	235.34	262.64	29.15	36.53
Accrued Expenses	-	0.94	0.4	0.38
Current Portion of Leases	18.16	8.87	6.24	4.66
Current Income Taxes Payable	120.09	-	-	-
Current Unearned Revenue	929.59	270.09	241.51	197.9
Other Current Liabilities	258.72	80.86	33.23	32.84
Total Current Liabilities	1,562	623.4	310.53	272.31
Long-Term Leases	49.13	26.22	23.37	23.86
Long-Term Deferred Tax Liabilities	0.5	-	-	-
Other Long-Term Liabilities	1.1	-	-	-
Total Liabilities	1,613	649.62	333.9	296.16
Common Stock	415.61	402.01	367.01	297.01
Additional Paid-In Capital	20.66	199.71	136.35	42.83
Retained Earnings	581.84	-195.6	-343.8	-264.53
Total Common Equity	1,018	406.11	159.56	75.31
Minority Interest	11.85	6.05	-	-
Shareholders' Equity	1,030	412.16	159.56	75.31
Total Liabilities & Equity	2,643	1,062	493.46	371.48
Total Debt	67.29	35.09	29.61	28.51
Net Cash (Debt)	1,085	230.43	134.78	72.68
Net Cash Growth	371.04%	70.97%	85.44%	-
Net Cash Per Share	26.14	5.97	4.19	2.69
Filing Date Shares Outstanding	41.61	40.2	36.7	26.98
Total Common Shares Outstanding	41.61	40.2	36.7	26.98
Working Capital	855.18	337.62	125.05	54.4
Book Value Per Share	24.47	10.10	4.35	2.79
Tangible Book Value	1,010	402.39	157.57	74.8
Tangible Book Value Per Share	24.28	10.01	4.29	2.77
Land	-	29.55	-	-
Machinery	-	44.49	40.18	26.75

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