Higher Way Electronic Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	79.31	142.71	215.37	112.56	128.32	171.34
Short-Term Investments	-	13.3	11.91	11.53	-	1.56
Trading Asset Securities	-	-	0.02	35.21	-	-
Cash & Short-Term Investments	79.31	156.02	227.3	159.29	128.32	172.89
Cash Growth	-50.62%	-31.36%	42.70%	24.13%	-25.78%	155.10%
Accounts Receivable	477.54	452.99	409.34	481.01	445.19	428.49
Receivables	477.54	452.99	409.34	481.01	445.19	428.49
Inventory	36.13	41.15	10.04	40.62	51.32	34.1
Prepaid Expenses	1.16	0.31	0.39	-	2.19	-
Other Current Assets	24.15	110.74	53.33	52.72	59.17	50.14
Total Current Assets	618.28	761.21	700.41	733.64	686.19	685.62
Property, Plant & Equipment	33.22	30.39	33.57	32.41	34.1	36.4
Long-Term Investments	53.05	42.35	56.82	44.03	15.87	52.64
Other Intangible Assets	1	1.24	2.24	3.64	5.29	3.47
Long-Term Deferred Tax Assets	7.13	4.82	7.47	3.88	-	-
Other Long-Term Assets	317.85	285.43	134.05	115.05	55.4	56.33
Total Assets	1,031	1,125	934.56	932.66	796.84	834.46
Accounts Payable	216.61	189.92	165.27	173.44	260.41	283.63
Short-Term Debt	94	79	-	-	23	15
Current Portion of Long-Term Debt	112.29	179.08	7.96	0.9	8.3	0.94
Current Portion of Leases	2.41	2.65	1.48	1.5	1.5	1.49
Current Income Taxes Payable	-	-	0.64	0.29	0.43	-
Current Unearned Revenue	1.21	1.07	1.06	1.46	0.66	0.27
Other Current Liabilities	12.77	14.47	14.63	19.4	19.58	15.46
Total Current Liabilities	439.29	466.2	191.03	196.99	313.87	316.79
Long-Term Debt	48.55	59.68	235.52	205.45	32.36	43.09
Long-Term Leases	4.52	0.44	4.6	2.99	3.89	7.08
Pension & Post-Retirement Benefits	-	-	-	-	0.32	1.05
Long-Term Deferred Tax Liabilities	0.98	1.8	1.28	1.79	-	-
Other Long-Term Liabilities	54.86	55.28	5.45	9.22	6.13	5.74
Total Liabilities	548.21	583.4	437.88	416.44	356.57	373.75
Common Stock	347.21	347.21	334.26	334.26	334.26	334.26
Additional Paid-In Capital	84.57	84.57	62.7	62.7	29.06	29.06
Retained Earnings	37.74	86.09	79.62	110.03	78.29	62.69
Comprehensive Income & Other	12.8	24.17	20.09	9.23	-1.35	34.68
Total Common Equity	482.33	542.03	496.68	516.22	440.27	460.7
Shareholders' Equity	482.33	542.03	496.68	516.22	440.27	460.7
Total Liabilities & Equity	1,031	1,125	934.56	932.66	796.84	834.46
Total Debt	261.77	320.85	249.55	210.84	69.06	67.61
Net Cash (Debt)	-182.46	-164.84	-22.26	-51.55	59.26	105.29
Net Cash Growth	-	-	-	-	-43.71%	-
Net Cash Per Share	-5.25	-4.77	-0.67	-1.27	1.76	3.13
Filing Date Shares Outstanding	34.72	34.72	33.43	33.43	33.43	33.43
Total Common Shares Outstanding	34.72	34.72	33.43	33.43	33.43	33.43
Working Capital	178.99	295.01	509.38	536.65	372.31	368.83
Book Value Per Share	13.89	15.61	14.86	15.44	13.17	13.78
Tangible Book Value	481.33	540.79	494.44	512.58	434.98	457.23
Tangible Book Value Per Share	13.86	15.58	14.79	15.33	13.01	13.68
Land	12.65	12.65	12.65	12.65	12.65	12.65
Buildings	14.12	14.12	14.12	14.12	14.12	14.12
Machinery	19.24	19.23	18.03	51.01	50.61	48.38
Leasehold Improvements	1.81	1.81	1.81	1.81	1.81	1.81

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.