RAC Electric Vehicles Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	222	78.74	56.16	127.98	137.48	377.86
Cash & Short-Term Investments	222	78.74	56.16	127.98	137.48	377.86
Cash Growth	415.54%	40.21%	-56.12%	-6.92%	-63.62%	174.17%
Accounts Receivable	2,491	2,111	1,233	846.9	602.95	299.76
Other Receivables	-	5.85	13.25	31.47	23.31	29.6
Receivables	2,491	2,117	1,246	878.36	626.25	329.37
Inventory	581.03	547.67	342.19	549.14	371.35	278.69
Prepaid Expenses	44.87	35.6	28.57	32.58	43.16	11.01
Other Current Assets	64.63	117.81	138.65	38.44	54.19	13.34
Total Current Assets	3,404	2,897	1,812	1,627	1,232	1,010
Property, Plant & Equipment	443.97	464.13	522.73	518.95	519.76	448.38
Long-Term Investments	126.5	51.39	34.41	25.14	25	-
Goodwill	-	6.18	6.18	30.28	30.28	-
Other Intangible Assets	31.24	26.47	32.39	31.88	34.27	7.76
Long-Term Accounts Receivable	46.17	57.93	121.96	235.15	158.98	60.33
Long-Term Deferred Tax Assets	26.99	-	-	0.52	0.52	-
Other Long-Term Assets	36.07	59.22	33.64	59.22	92.6	99.35
Total Assets	4,115	3,562	2,563	2,528	2,094	1,626
Accounts Payable	791.59	647.11	298.72	206.96	371.39	159.67
Accrued Expenses	-	44.43	31.09	30.55	26.73	16.95
Short-Term Debt	222.86	238.6	224.03	438.49	75.93	29.09
Current Portion of Long-Term Debt	1,084	753.44	358.19	463.11	47.5	35.91
Current Portion of Leases	44.05	44.08	40.24	38.95	38.45	37.57
Current Unearned Revenue	191.53	206.05	49.88	29.2	112.28	12.8
Other Current Liabilities	128.45	94.48	66.74	52.88	59.09	35.88
Total Current Liabilities	2,462	2,028	1,069	1,260	731.38	327.87
Long-Term Debt	82.8	100.15	188.63	486.49	394.3	152.67
Long-Term Leases	122.63	134.1	173.2	173.25	212.09	249.28
Long-Term Unearned Revenue	4.02	4.44	6.67	8.13	11.07	6.18
Long-Term Deferred Tax Liabilities	-	-	4.44	4.74	5.36	-
Other Long-Term Liabilities	75.53	71.68	57.85	56.97	37.29	9.56
Total Liabilities	2,747	2,339	1,500	1,990	1,391	745.55
Common Stock	1,218	1,218	1,208	1,006	1,008	1,009
Additional Paid-In Capital	17.09	17.09	533.13	2.9	2.31	392.62
Retained Earnings	164.77	28.24	-651.1	-451.96	-288.98	-485.27
Comprehensive Income & Other	-32.31	-39.16	-26.69	-28.68	-31.71	-35.85
Total Common Equity	1,367	1,224	1,064	528.33	689.56	880.54
Minority Interest	-	-	-	9.61	12.8	-
Shareholders' Equity	1,367	1,224	1,064	537.94	702.36	880.54
Total Liabilities & Equity	4,115	3,562	2,563	2,528	2,094	1,626
Total Debt	1,556	1,270	984.28	1,600	768.27	504.52
Net Cash (Debt)	-1,334	-1,192	-928.12	-1,472	-630.79	-126.66
Net Cash Per Share	-11.05	-9.84	-7.96	-14.73	-6.31	-1.41
Filing Date Shares Outstanding	120.82	121.77	120.83	100.61	100.79	100.9
Total Common Shares Outstanding	120.82	121.77	120.83	100.61	100.79	100.9
Working Capital	941.32	868.96	743.11	366.38	501.06	682.39
Book Value Per Share	11.32	10.05	8.80	5.25	6.84	8.73
Tangible Book Value	1,336	1,191	1,025	466.17	625	872.77
Tangible Book Value Per Share	11.06	9.78	8.48	4.63	6.20	8.65
Buildings	-	83.69	83.61	83.61	73.98	-
Machinery	-	272.2	254.39	236.92	94.95	60.28
Construction In Progress	-	0.25	3.49	14.26	96.74	123.68
Leasehold Improvements	-	103.28	100.64	71.66	62.68	12.61