RAC Electric Vehicles Inc. (TPEX: 2237)

RAC Electric Vehicles Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	162.87	127.98	137.48	377.86	137.82	48.01
Cash & Short-Term Investments	162.87	127.98	137.48	377.86	137.82	48.01
Cash Growth	28.14%	-6.92%	-63.62%	174.17%	187.04%	230.10%
Accounts Receivable	835.36	846.9	602.95	299.76	255.52	95.18
Other Receivables	31.91	31.47	23.31	29.6	20.55	23.17
Receivables	867.26	878.36	626.25	329.37	276.07	118.35
Inventory	527.28	549.14	371.35	278.69	216.34	329.66
Prepaid Expenses	30.67	32.58	43.16	11.01	11.74	2.53
Other Current Assets	35.57	38.44	54.19	13.34	13.79	32.05
Total Current Assets	1,624	1,627	1,232	1,010	655.76	530.6
Property, Plant & Equipment	508.63	518.95	519.76	448.38	50.34	57.76
Long-Term Investments	24.55	25.14	25	-	-	-
Goodwill	9.18	30.28	30.28	-	-	-
Other Intangible Assets	32.13	31.82	34.27	7.76	7.56	6.85
Long-Term Accounts Receivable	165.57	235.15	158.98	60.33	47.63	-
Long-Term Deferred Tax Assets	-	0.52	0.52	-	-	-
Other Long-Term Assets	39.65	59.28	92.6	99.35	38.82	11.9
Total Assets	2,403	2,528	2,094	1,626	800.11	607.11
Accounts Payable	202.57	206.96	371.39	159.67	153.69	35.23
Accrued Expenses	27.87	30.55	26.73	16.95	14.63	15.02
Short-Term Debt	121.37	438.49	75.93	29.09	11.76	173.53
Current Portion of Long-Term Debt	399.03	463.11	47.5	35.91	9.3	-
Current Portion of Leases	36.12	38.95	38.45	37.57	8.39	8.11
Current Unearned Revenue	10.94	29.2	112.28	12.8	12.12	4.81
Other Current Liabilities	46.51	52.88	59.09	35.88	18.69	16.71
Total Current Liabilities	844.41	1,260	731.38	327.87	228.58	253.4
Long-Term Debt	281.61	486.49	394.3	152.67	75.24	-
Long-Term Leases	158.95	173.25	212.09	249.28	18.67	25.16
Long-Term Unearned Revenue	8.14	8.13	11.07	6.18	-	-
Long-Term Deferred Tax Liabilities	4.44	4.74	5.36	-	-	-
Other Long-Term Liabilities	55.46	56.97	37.29	9.56	0.2	0.23
Total Liabilities	1,353	1,990	1,391	745.55	322.69	278.79
Common Stock	1,206	1,006	1,008	1,009	849.23	700
Additional Paid-In Capital	521.82	2.9	2.31	392.62	153.84	100
Retained Earnings	-656.33	-451.96	-288.98	-485.27	-501.09	-447.11
Comprehensive Income & Other	-27.74	-28.68	-31.71	-35.85	-24.57	-24.57
Total Common Equity	1,044	528.33	689.56	880.54	477.42	328.32
Minority Interest	6.53	9.61	12.8	-	-	-
Shareholders' Equity	1,050	537.94	702.36	880.54	477.42	328.32
Total Liabilities & Equity	2,403	2,528	2,094	1,626	800.11	607.11
Total Debt	997.08	1,600	768.27	504.52	123.36	206.79
Net Cash (Debt)	-834.21	-1,472	-630.79	-126.66	14.46	-158.78
Net Cash Per Share	-7.84	-14.73	-6.31	-1.41	0.19	-2.33
Filing Date Shares Outstanding	120.61	100.61	100.79	100.9	84.92	70
Total Common Shares Outstanding	120.61	100.61	100.79	100.9	84.92	70
Working Capital	779.24	366.38	501.06	682.39	427.18	277.2
Book Value Per Share	8.65	5.25	6.84	8.73	5.62	4.69
Tangible Book Value	1,003	466.23	625	872.77	469.86	321.47
Tangible Book Value Per Share	8.31	4.63	6.20	8.65	5.53	4.59
Buildings	73.98	73.98	73.98	-	-	-
Machinery	244.68	236.92	94.95	60.28	37.34	35.64
Construction In Progress	27.94	14.26	96.74	123.68	0.86	1.73
Leasehold Improvements	72.17	71.66	62.68	12.61	11.47	8.66

Source: S&P Capital IQ. Standard template. Financial Sources.