Ardentec 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	2,208	2,162	2,077	2,955	2,207
Short-Term Investments	2,354	3,199	2,225	1,637	1,237
Trading Asset Securities	1.06	-	-	-	-
Cash & Short-Term Investments	4,563	5,361	4,302	4,592	3,444
Cash Growth	-14.89%	24.62%	-6.32%	33.35%	3.01%
Accounts Receivable	3,910	3,178	3,673	3,555	2,761
Other Receivables	26.25	67.64	98.01	92.54	232.68
Receivables	3,936	3,245	3,771	3,647	2,993
Inventory	-	96.26	112.3	131.45	127.94
Prepaid Expenses	538.5	287.8	255.56	191.39	224.92
Other Current Assets	-	31.24	74.66	38.98	42.25
Total Current Assets	9,038	9,022	8,515	8,601	6,832
Property, Plant & Equipment	24,205	23,169	23,023	21,042	18,177
Long-Term Investments	416.01	345.67	347.4	326.92	342.85
Goodwill	-	494.32	494.32	494.32	494.32
Other Intangible Assets	589.95	107.63	78.66	94.46	73.77
Long-Term Deferred Tax Assets	387.36	327.43	321.24	285.77	241.05
Other Long-Term Assets	188.24	223.36	205.04	185.91	157.75
Total Assets	34,824	33,689	32,985	31,030	26,318
Accounts Payable	0.55	193.35	244.67	1.64	0.32
Accrued Expenses	-	1,202	1,358	1,519	1,231
Short-Term Debt	22.48	22.39	21.64	631.23	659.72
Current Portion of Long-Term Debt	3,600	2,892	1,632	562.28	497.96
Current Portion of Leases	236.73	234.83	230.21	265.74	228.43
Current Income Taxes Payable	497.29	346.7	471.7	753.61	462.92
Current Unearned Revenue	5.16	8.54	-	-	-
Other Current Liabilities	2,688	737.83	941.52	924.3	1,088
Total Current Liabilities	7,050	5,638	4,899	4,657	4,169
Long-Term Debt	6,557	7,885	8,981	8,546	6,723
Long-Term Leases	1,370	1,474	1,041	856.73	931.19
Pension & Post-Retirement Benefits	-	100.94	108.23	110.46	130.29
Long-Term Deferred Tax Liabilities	246.19	84.65	114.33	113.7	165.26
Other Long-Term Liabilities	353.23	206.92	226.65	213.35	194.99
Total Liabilities	15,577	15,390	15,371	14,498	12,313
Common Stock	4,902	4,902	4,902	4,902	4,902
Additional Paid-In Capital	953.43	885.68	1,224	1,412	1,366
Retained Earnings	13,263	12,393	11,503	10,221	8,031
Treasury Stock	-126.77	-126.77	-126.77	-126.77	-126.77
Comprehensive Income & Other	255.63	245.94	112.73	123.72	-166.67
Total Common Equity	19,247	18,299	17,614	16,532	14,006
Shareholders' Equity	19,247	18,299	17,614	16,532	14,006
Total Liabilities & Equity	34,824	33,689	32,985	31,030	26,318
Total Debt	11,787	12,508	11,906	10,862	9,040
Net Cash (Debt)	-7,224	-7,147	-7,604	-6,270	-5,596
Net Cash Per Share	-15.11	-14.86	-15.79	-12.88	-11.63
Filing Date Shares Outstanding	474.89	473.92	473.92	473.92	473.92
Total Common Shares Outstanding	474.89	473.92	473.92	473.92	473.92
Working Capital	1,987	3,384	3,616	3,943	2,663
Book Value Per Share	40.53	38.61	37.17	34.88	29.55
Tangible Book Value	18,657	17,697	17,041	15,943	13,438
Tangible Book Value Per Share	39.29	37.34	35.96	33.64	28.35
Land	-	1,086	1,086	1,086	1,086
Buildings	-	4,418	4,224	4,181	3,932
Machinery	-	43,839	42,995	39,547	35,406
Construction In Progress	-	5,725	3,681	2,021	1,077
Leasehold Improvements	-	-	-	1,588	1,236

Source: S&P Global Market Intelligence. Standard template. Financial Sources.