RAC Electric Vehicles Inc. (TPEX:2237)

RAC Electric Vehicles Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	56.16	127.98	137.48	377.86	137.82
Short-Term Investments	115.14	-	-	-	-
Cash & Short-Term Investments	171.3	127.98	137.48	377.86	137.82
Cash Growth	33.85%	-6.92%	-63.62%	174.17%	187.04%
Accounts Receivable	1,233	846.9	602.95	299.76	255.52
Other Receivables	-	31.47	23.31	29.6	20.55
Receivables	1,233	878.36	626.25	329.37	276.07
Inventory	338.66	549.14	371.35	278.69	216.34
Prepaid Expenses	55.07	32.58	43.16	11.01	11.74
Other Current Assets	23.51	38.44	54.19	13.34	13.79
Total Current Assets	1,822	1,627	1,232	1,010	655.76
Property, Plant & Equipment	522.73	518.95	519.76	448.38	50.34
Long-Term Investments	35.6	25.14	25	-	-
Goodwill	-	30.28	30.28	-	-
Other Intangible Assets	38.56	31.82	34.27	7.76	7.56
Long-Term Accounts Receivable	121.96	235.15	158.98	60.33	47.63
Long-Term Deferred Tax Assets	-	0.52	0.52	-	-
Other Long-Term Assets	32.45	59.28	92.6	99.35	38.82
Total Assets	2,573	2,528	2,094	1,626	800.11
Accounts Payable	363.43	206.96	371.39	159.67	153.69
Accrued Expenses	-	30.55	26.73	16.95	14.63
Short-Term Debt	224.03	438.49	75.93	29.09	11.76
Current Portion of Long-Term Debt	-	463.11	47.5	35.91	9.3
Current Portion of Leases	40.24	38.95	38.45	37.57	8.39
Current Unearned Revenue	49.88	29.2	112.28	12.8	12.12
Other Current Liabilities	401.02	52.88	59.09	35.88	18.69
Total Current Liabilities	1,079	1,260	731.38	327.87	228.58
Long-Term Debt	188.63	486.49	394.3	152.67	75.24
Long-Term Leases	173.2	173.25	212.09	249.28	18.67
Long-Term Unearned Revenue	6.67	8.13	11.07	6.18	-
Long-Term Deferred Tax Liabilities	4.44	4.74	5.36	-	-
Other Long-Term Liabilities	57.85	56.97	37.29	9.56	0.2
Total Liabilities	1,509	1,990	1,391	745.55	322.69
Common Stock	1,208	1,006	1,008	1,009	849.23
Additional Paid-In Capital	533.13	2.9	2.31	392.62	153.84
Retained Earnings	-651.1	-451.96	-288.98	-485.27	-501.09
Comprehensive Income & Other	-26.69	-28.68	-31.71	-35.85	-24.57
Total Common Equity	1,064	528.33	689.56	880.54	477.42
Minority Interest	-	9.61	12.8	-	-
Shareholders' Equity	1,064	537.94	702.36	880.54	477.42
Total Liabilities & Equity	2,573	2,528	2,094	1,626	800.11
Total Debt	626.1	1,600	768.27	504.52	123.36
Net Cash (Debt)	-454.8	-1,472	-630.79	-126.66	14.46
Net Cash Per Share	-3.91	-14.73	-6.31	-1.41	0.19
Filing Date Shares Outstanding	120.04	100.61	100.79	100.9	84.92
Total Common Shares Outstanding	120.04	100.61	100.79	100.9	84.92
Working Capital	743.11	366.38	501.06	682.39	427.18
Book Value Per Share	8.86	5.25	6.84	8.73	5.62
Tangible Book Value	1,025	466.23	625	872.77	469.86
Tangible Book Value Per Share	8.54	4.63	6.20	8.65	5.53
Buildings	-	73.98	73.98	-	-
Machinery	-	236.92	94.95	60.28	37.34
Construction In Progress	-	14.26	96.74	123.68	0.86
Leasehold Improvements	-	71.66	62.68	12.61	11.47

Updated Aug 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.