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 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	79.01	80.4	142.71	215.37	112.56	128.32
Short-Term Investments	1.5	-	13.3	11.91	11.53	-
Trading Asset Securities	-	-	-	0.02	35.21	-
Cash & Short-Term Investments	80.51	80.4	156.02	227.3	159.29	128.32
Cash Growth	-24.02%	-48.47%	-31.36%	42.70%	24.13%	-25.78%
Accounts Receivable	439.41	430.21	452.99	409.34	481.01	445.19
Receivables	439.41	430.21	452.99	409.34	481.01	445.19
Inventory	20.97	16.29	41.15	10.04	40.62	51.32
Prepaid Expenses	0.7	0.42	0.31	0.39	-	2.19
Other Current Assets	10.6	24.82	110.74	53.33	52.72	59.17
Total Current Assets	552.19	552.13	761.21	700.41	733.64	686.19
Property, Plant & Equipment	31.28	32.32	30.39	33.57	32.41	34.1
Long-Term Investments	106.73	32.7	42.35	56.82	44.03	15.87
Other Intangible Assets	1.53	1.8	1.24	2.24	3.64	5.29
Long-Term Deferred Tax Assets	4.56	4.73	4.82	7.47	3.88	-
Other Long-Term Assets	251.93	318.04	285.43	134.05	115.05	55.4
Total Assets	948.22	941.72	1,125	934.56	932.66	796.84
Accounts Payable	174.67	161.28	189.92	165.27	173.44	260.41
Short-Term Debt	69	79	79	-	-	23
Current Portion of Long-Term Debt	-	112.55	179.08	7.96	0.9	8.3
Current Portion of Leases	1.89	1.86	2.65	1.48	1.5	1.5
Current Income Taxes Payable	-	-	-	0.64	0.29	0.43
Current Unearned Revenue	-	1.97	1.07	1.06	1.46	0.66
Other Current Liabilities	129.5	12.91	14.47	14.63	19.4	19.58
Total Current Liabilities	375.05	369.56	466.2	191.03	196.99	313.87
Long-Term Debt	41.08	44.82	59.68	235.52	205.45	32.36
Long-Term Leases	3.66	4.43	0.44	4.6	2.99	3.89
Pension & Post-Retirement Benefits	-	-	-	-	-	0.32
Long-Term Deferred Tax Liabilities	2.64	2.61	1.8	1.28	1.79	-
Other Long-Term Liabilities	55.01	55.02	55.28	5.45	9.22	6.13
Total Liabilities	477.45	476.44	583.4	437.88	416.44	356.57
Common Stock	347.21	347.21	347.21	334.26	334.26	334.26
Additional Paid-In Capital	84.87	84.87	84.57	62.7	62.7	29.06
Retained Earnings	35.35	38.47	86.09	79.62	110.03	78.29
Comprehensive Income & Other	3.34	-5.27	24.17	20.09	9.23	-1.35
Total Common Equity	470.77	465.28	542.03	496.68	516.22	440.27
Shareholders' Equity	470.77	465.28	542.03	496.68	516.22	440.27
Total Liabilities & Equity	948.22	941.72	1,125	934.56	932.66	796.84
Total Debt	115.63	242.65	320.85	249.55	210.84	69.06
Net Cash (Debt)	-35.12	-162.26	-164.84	-22.26	-51.55	59.26
Net Cash Growth	-	-	-	-	-	-43.71%
Net Cash Per Share	-1.01	-4.67	-4.77	-0.67	-1.27	1.76
Filing Date Shares Outstanding	34.72	34.72	34.72	33.43	33.43	33.43
Total Common Shares Outstanding	34.72	34.72	34.72	33.43	33.43	33.43
Working Capital	177.14	182.57	295.01	509.38	536.65	372.31
Book Value Per Share	13.56	13.40	15.61	14.86	15.44	13.17
Tangible Book Value	469.25	463.49	540.79	494.44	512.58	434.98
Tangible Book Value Per Share	13.51	13.35	15.58	14.79	15.33	13.01
Land	-	12.65	12.65	12.65	12.65	12.65
Buildings	-	14.12	14.12	14.12	14.12	14.12
Machinery	-	19.47	19.23	18.03	51.01	50.61
Leasehold Improvements	-	1.81	1.81	1.81	1.81	1.81

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