Topower Co., Ltd. (TPEX: 3226)

Topower 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	725.88	493.22	546.54	572.2	645.67	668.62
Short-Term Investments	64.9	30.71	-	-	184.01	-
Trading Asset Securities	2.49	2.65	4.97	2.7	3.04	3.52
Cash & Short-Term Investments	793.27	526.58	551.51	574.89	832.73	672.14
Cash Growth	36.04%	-4.52%	-4.07%	-30.96%	23.89%	0.39%
Accounts Receivable	596.91	555.6	493.88	643.04	593.05	485.75
Other Receivables	9.06	7.73	4.64	7.08	11.78	7.64
Receivables	605.97	563.32	498.52	650.11	604.83	493.39
Inventory	174.15	181.5	184.89	187.23	160.67	115.78
Prepaid Expenses	15.9	11.12	13.49	13.13	10.33	3.66
Other Current Assets	6.85	89.56	87.91	7.06	9.23	5.94
Total Current Assets	1,596	1,372	1,336	1,432	1,618	1,291
Property, Plant & Equipment	635.21	612.93	552.22	414.27	307.44	266.7
Long-Term Investments	2.92	2.92	2.92	3.69	9.66	10.42
Other Intangible Assets	0.78	1.3	2.36	1.28	0.54	0.87
Long-Term Deferred Tax Assets	11.23	15.72	24.79	4.57	5.43	7.04
Other Long-Term Assets	428.81	362.05	311.62	333.36	257.7	93.17
Total Assets	2,675	2,367	2,230	2,190	2,199	1,669
Accounts Payable	446.13	394.53	298.2	554.82	570.35	385.08
Accrued Expenses	37.74	41.89	35.35	39.72	37.71	25.25
Short-Term Debt	255	255	290	150	170.88	-
Current Portion of Leases	9.48	9.42	9.52	9.61	9.58	16.94
Current Income Taxes Payable	59.64	34.21	46.91	56.64	41.72	36.03
Current Unearned Revenue	0.77	1.26	1.12	1.25	1.48	12.25
Other Current Liabilities	86.58	51.45	61.99	41.11	25.71	16.25
Total Current Liabilities	895.35	787.75	743.08	853.14	857.43	491.8
Long-Term Leases	2.42	7.18	14.3	23.82	33.43	-
Long-Term Deferred Tax Liabilities	2.81	1.89	1.85	1.69	1.73	1.66
Other Long-Term Liabilities	0.63	0.63	0.63	0.61	0.61	0.61
Total Liabilities	901.2	797.44	759.86	879.26	893.19	494.06
Common Stock	644.31	644.31	644.31	644.31	644.31	644.31
Additional Paid-In Capital	14.88	14.88	14.87	14.85	14.71	14.71
Retained Earnings	1,119	914.31	815.13	656.35	651.48	520.57
Comprensive Income & Other	-3.95	-3.95	-3.95	-5.17	-5.13	-4.53
Total Common Equity	1,774	1,570	1,470	1,310	1,305	1,175
Shareholders' Equity	1,774	1,570	1,470	1,310	1,305	1,175
Total Liabilities & Equity	2,675	2,367	2,230	2,190	2,199	1,669
Total Debt	266.9	271.59	313.82	183.43	213.89	16.94
Net Cash (Debt)	526.37	254.98	237.69	391.47	618.84	655.2
Net Cash Growth	92.00%	7.28%	-39.28%	-36.74%	-5.55%	-2.14%
Net Cash Per Share	8.16	3.95	3.69	6.07	9.60	10.16
Filing Date Shares Outstanding	64.43	64.43	64.43	64.43	64.43	64.43
Total Common Shares Outstanding	64.43	64.43	64.43	64.43	64.43	64.43
Working Capital	700.8	584.32	593.23	579.29	760.35	799.11
Book Value Per Share	27.53	24.36	22.82	20.34	20.26	18.24
Tangible Book Value	1,773	1,568	1,468	1,309	1,305	1,174
Tangible Book Value Per Share	27.52	24.34	22.78	20.32	20.25	18.22
Machinery	1,301	1,187	968.43	709.11	518.51	436.01
Leasehold Improvements	27.96	27.96	27.96	38.24	22.53	19.7

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