Higher Way Electronic Co., Ltd. (TPEX:3268)

Higher Way Electronic Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	96.09	80.4	142.71	215.37	112.56	128.32
Short-Term Investments	1.43	-	13.3	11.91	11.53	-
Trading Asset Securities	-	-	-	0.02	35.21	-
Cash & Short-Term Investments	97.51	80.4	156.02	227.3	159.29	128.32
Cash Growth	22.96%	-48.47%	-31.36%	42.70%	24.13%	-25.78%
Accounts Receivable	452.76	430.21	452.99	409.34	481.01	445.19
Receivables	452.76	430.21	452.99	409.34	481.01	445.19
Inventory	27.08	16.29	41.15	10.04	40.62	51.32
Prepaid Expenses	0.63	0.42	0.31	0.39	-	2.19
Other Current Assets	10.12	24.82	110.74	53.33	52.72	59.17
Total Current Assets	588.11	552.13	761.21	700.41	733.64	686.19
Property, Plant & Equipment	31.29	32.32	30.39	33.57	32.41	34.1
Long-Term Investments	97.99	32.7	42.35	56.82	44.03	15.87
Other Intangible Assets	1.93	1.8	1.24	2.24	3.64	5.29
Long-Term Deferred Tax Assets	5.24	4.73	4.82	7.47	3.88	-
Other Long-Term Assets	254.02	318.04	285.43	134.05	115.05	55.4
Total Assets	978.57	941.72	1,125	934.56	932.66	796.84

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	175.17	161.28	189.92	165.27	173.44	260.41
Short-Term Debt	220	79	79	-	-	23
Current Portion of Long-Term Debt	-	112.55	179.08	7.96	0.9	8.3
Current Portion of Leases	2.65	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	31.02	12.91	14.47	14.63	19.4	19.58
Total Current Liabilities	428.84	369.56	466.2	191.03	196.99	313.87
Long-Term Debt	33.57	44.82	59.68	235.52	205.45	32.36
Long-Term Leases	3.02	4.43	0.44	4.6	2.99	3.89
Pension & Post-Retirement Benefits	-	-	-	-	-	0.32
Long-Term Deferred Tax Liabilities	1.62	2.61	1.8	1.28	1.79	-
Other Long-Term Liabilities	55.23	55.02	55.28	5.45	9.22	6.13
Total Liabilities	522.28	476.44	583.4	437.88	416.44	356.57

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	347.21	347.21	347.21	334.26	334.26	334.26
Additional Paid-In Capital	85.86	84.87	84.57	62.7	62.7	29.06
Retained Earnings	27.39	38.47	86.09	79.62	110.03	78.29
Comprehensive Income & Other	-4.16	-5.27	24.17	20.09	9.23	-1.35
Total Common Equity	456.29	465.28	542.03	496.68	516.22	440.27
Shareholders' Equity	456.29	465.28	542.03	496.68	516.22	440.27
Total Liabilities & Equity	978.57	941.72	1,125	934.56	932.66	796.84

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	259.24	242.65	320.85	249.55	210.84	69.06
Net Cash (Debt)	-161.73	-162.26	-164.84	-22.26	-51.55	59.26
Net Cash Growth	-	-	-	-	-	-43.71%
Net Cash Per Share	-4.67	-4.67	-4.77	-0.67	-1.27	1.76
Filing Date Shares Outstanding	35.42	34.72	34.72	33.43	33.43	33.43
Total Common Shares Outstanding	35.42	34.72	34.72	33.43	33.43	33.43
Working Capital	159.27	182.57	295.01	509.38	536.65	372.31
Book Value Per Share	12.88	13.40	15.61	14.86	15.44	13.17
Tangible Book Value	454.36	463.49	540.79	494.44	512.58	434.98
Tangible Book Value Per Share	12.83	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

Data Source: S&P Global Market Intelligence Last updated: Nov 12, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

Data Sources Report a data error