Ardentec 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	2,002	2,208	2,162	2,077	2,955	2,207
Short-Term Investments	2,175	2,322	3,199	2,225	1,637	1,237
Trading Asset Securities	0.5	-	-	-	-	-
Cash & Short-Term Investments	4,178	4,530	5,361	4,302	4,592	3,444
Cash Growth	-34.40%	-15.49%	24.62%	-6.32%	33.35%	3.01%
Accounts Receivable	4,305	3,910	3,178	3,673	3,555	2,761
Other Receivables	58.88	54.69	67.64	98.01	92.54	232.68
Receivables	4,364	3,965	3,245	3,771	3,647	2,993
Inventory	-	128.01	96.26	112.3	131.45	127.94
Prepaid Expenses	619.55	382.06	287.8	255.56	191.39	224.92
Other Current Assets	-	32.42	31.24	74.66	38.98	42.25
Total Current Assets	9,161	9,038	9,022	8,515	8,601	6,832
Property, Plant & Equipment	24,784	24,205	23,169	23,023	21,042	18,177
Long-Term Investments	432.48	375.32	345.67	347.4	326.92	342.85
Goodwill	-	494.32	494.32	494.32	494.32	494.32
Other Intangible Assets	586.92	95.63	107.63	78.66	94.46	73.77
Long-Term Deferred Tax Assets	393	387.36	327.43	321.24	285.77	241.05
Other Long-Term Assets	277.92	228.93	223.36	205.04	185.91	157.75
Total Assets	35,636	34,824	33,689	32,985	31,030	26,318
Accounts Payable	-	0.55	24.76	244.67	1.64	0.32
Accrued Expenses	-	1,557	1,202	1,358	1,519	1,231
Short-Term Debt	171.95	22.48	22.39	21.64	631.23	659.72
Current Portion of Long-Term Debt	-	3,558	2,892	1,632	562.28	497.96
Current Portion of Leases	232.32	236.73	234.83	230.21	265.74	228.43
Current Income Taxes Payable	571.79	497.29	346.7	471.7	753.61	462.92
Current Unearned Revenue	6.97	5.16	8.54	-	-	-
Other Current Liabilities	6,262	1,173	906.42	941.52	924.3	1,088
Total Current Liabilities	7,245	7,050	5,638	4,899	4,657	4,169
Long-Term Debt	6,071	6,557	7,885	8,981	8,546	6,723
Long-Term Leases	1,439	1,370	1,474	1,041	856.73	931.19
Pension & Post-Retirement Benefits	-	110.55	100.94	108.23	110.46	130.29
Long-Term Deferred Tax Liabilities	288.2	246.19	84.65	114.33	113.7	165.26
Other Long-Term Liabilities	347.94	242.68	206.92	226.65	213.35	194.99
Total Liabilities	15,391	15,577	15,390	15,371	14,498	12,313
Common Stock	4,902	4,902	4,902	4,902	4,902	4,902
Additional Paid-In Capital	955.66	953.43	885.68	1,224	1,412	1,366
Retained Earnings	14,188	13,263	12,393	11,503	10,221	8,031
Treasury Stock	-126.77	-126.77	-126.77	-126.77	-126.77	-126.77
Comprehensive Income & Other	326.74	255.63	245.94	112.73	123.72	-166.67
Total Common Equity	20,245	19,247	18,299	17,614	16,532	14,006
Shareholders' Equity	20,245	19,247	18,299	17,614	16,532	14,006
Total Liabilities & Equity	35,636	34,824	33,689	32,985	31,030	26,318
Total Debt	7,914	11,744	12,508	11,906	10,862	9,040
Net Cash (Debt)	-3,736	-7,214	-7,147	-7,604	-6,270	-5,596
Net Cash Per Share	-6.68	-15.08	-14.86	-15.79	-12.88	-11.63
Filing Date Shares Outstanding	924.34	473.92	473.92	473.92	473.92	473.92
Total Common Shares Outstanding	924.34	473.92	473.92	473.92	473.92	473.92
Working Capital	1,917	1,987	3,384	3,616	3,943	2,663
Book Value Per Share	21.90	40.61	38.61	37.17	34.88	29.55
Tangible Book Value	19,658	18,657	17,697	17,041	15,943	13,438
Tangible Book Value Per Share	21.27	39.37	37.34	35.96	33.64	28.35
Land	-	1,088	1,088	1,086	1,086	1,086
Buildings	-	8,848	4,418	4,224	4,181	3,932
Machinery	-	47,050	43,839	42,995	39,547	35,406
Construction In Progress	-	1,319	5,725	3,681	2,021	1,077
Leasehold Improvements	-	1,642	1,589	-	1,588	1,236

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