Kaori Heat Treatment 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	1,677	1,871	590.94	259.29	498.57
Short-Term Investments	67.44	49.26	21.64	22.04	47.78
Trading Asset Securities	2.64	-	-	42.21	41.68
Cash & Short-Term Investments	1,747	1,921	612.57	323.54	588.03
Cash Growth	-9.04%	213.52%	89.33%	-44.98%	-6.45%
Accounts Receivable	1,814	821.7	797.32	579.65	351.12
Other Receivables	3.8	0.26	0.83	0.1	10.94
Receivables	1,817	821.96	798.14	579.75	362.07
Inventory	1,853	1,052	1,235	1,180	575.51
Other Current Assets	162.24	61.08	56.29	171.81	63.45
Total Current Assets	5,580	3,856	2,702	2,255	1,589
Property, Plant & Equipment	2,127	1,979	1,847	1,630	1,634
Long-Term Investments	194.5	108.14	94.6	112.67	88.43
Other Intangible Assets	15.05	9.01	2.59	-	-
Long-Term Deferred Tax Assets	57.77	15.55	15.33	12.31	14.46
Other Long-Term Assets	152.21	135.44	167.8	145.87	86.35
Total Assets	8,127	6,103	4,829	4,156	3,412
Accounts Payable	1,579	385.11	226.31	280.65	216.22
Accrued Expenses	412.4	298.07	289.92	177.75	110.11
Short-Term Debt	850	905	-	750	620
Current Portion of Long-Term Debt	323.68	53.46	254.65	88.05	78.13
Current Portion of Leases	22.2	5.01	2.86	2.26	2.72
Current Income Taxes Payable	209.54	82.39	119.11	64.73	18.06
Current Unearned Revenue	36.63	33.45	38.73	58.67	34.12
Other Current Liabilities	141.39	114.64	64.18	54.25	37.79
Total Current Liabilities	3,575	1,877	995.76	1,476	1,117
Long-Term Debt	223.65	735.2	1,092	594.67	393.83
Long-Term Leases	29.68	6.09	3.63	1.14	3.4
Long-Term Unearned Revenue	46.43	-	-	-	-
Long-Term Deferred Tax Liabilities	74.32	46.34	26.94	24.7	11.56
Other Long-Term Liabilities	1.38	0.8	7.31	0.21	1.49
Total Liabilities	3,950	2,666	2,125	2,097	1,527
Common Stock	924.83	914.65	893.84	893.84	893.84
Additional Paid-In Capital	1,457	1,246	816.35	593.41	593.41
Retained Earnings	1,789	1,240	998.89	557.79	385.16
Treasury Stock	-118.09	-	-	-	-
Comprehensive Income & Other	120.07	36.37	-5.4	13.95	12.43
Total Common Equity	4,173	3,437	2,704	2,059	1,885
Minority Interest	4.08	-	-	-	-
Shareholders' Equity	4,177	3,437	2,704	2,059	1,885
Total Liabilities & Equity	8,127	6,103	4,829	4,156	3,412
Total Debt	1,449	1,705	1,353	1,436	1,098
Net Cash (Debt)	297.78	215.79	-740.11	-1,113	-510.03
Net Cash Growth	37.99%	-	-	-	-
Net Cash Per Share	3.19	2.30	-8.27	-12.44	-5.70
Filing Date Shares Outstanding	91.98	91.46	89.38	89.38	89.38
Total Common Shares Outstanding	91.98	91.46	89.38	89.38	89.38
Working Capital	2,005	1,979	1,706	778.56	471.92
Book Value Per Share	45.37	37.58	30.25	23.04	21.09
Tangible Book Value	4,158	3,428	2,701	2,059	1,885
Tangible Book Value Per Share	45.20	37.48	30.22	23.04	21.09
Land	824.46	704.18	704.18	704.18	704.18
Buildings	885.43	852.22	825.62	812.42	744.45
Machinery	1,211	1,117	927.22	716.83	687.6
Construction In Progress	-	-	4.28	36.23	73.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.