Niching Industrial 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	488.74	509.7	333.16	398.8	327.43	279.77
Cash & Short-Term Investments	488.74	509.7	333.16	398.8	327.43	279.77
Cash Growth	100.07%	52.99%	-16.46%	21.80%	17.04%	30.52%
Accounts Receivable	403.55	455.69	550.57	443.47	532.55	509.76
Other Receivables	4.03	2.47	1.3	1.88	0.97	1.01
Receivables	407.58	458.16	551.87	445.35	533.52	510.76
Inventory	74.12	65.65	60.61	67.01	60.05	66.76
Other Current Assets	13.02	13.08	5.65	7.06	5.93	4.1
Total Current Assets	983.47	1,047	951.28	918.21	926.93	861.39
Property, Plant & Equipment	295.62	293.93	293.72	232.34	230.82	233.47
Long-Term Investments	135.06	129.45	252.91	263.43	257.25	205.83
Other Intangible Assets	0.07	0.09	0.1	0.62	0.67	0.26
Long-Term Deferred Tax Assets	8.06	8.02	6.31	7.08	6.26	6.07
Other Long-Term Assets	21.75	20.56	8.18	8.61	7.74	7.24
Total Assets	1,444	1,499	1,513	1,430	1,430	1,314
Accounts Payable	280.58	346.41	316.9	234.5	228.35	265.89
Accrued Expenses	-	46.63	56.5	41.16	58.5	48.98
Short-Term Debt	-	-	-	-	150	126.43
Current Portion of Leases	2.86	3.11	4.84	4.13	2.3	2.99
Current Income Taxes Payable	3.42	-	14.3	20.73	23.57	19.81
Other Current Liabilities	129.38	14.48	12.99	13.75	17.12	12.32
Total Current Liabilities	416.24	410.64	405.53	314.27	479.84	476.42
Long-Term Leases	1.47	1.49	2.72	5.06	2.48	2.06
Pension & Post-Retirement Benefits	-	-	22.72	20.83	22.69	24.84
Long-Term Deferred Tax Liabilities	7.46	6.63	6.45	2.87	3.6	2.52
Other Long-Term Liabilities	0.8	0.8	0.8	0.8	0.8	1.26
Total Liabilities	425.97	419.55	438.22	343.83	509.4	507.09
Common Stock	449.97	449.97	449.97	441.15	391.15	391.15
Additional Paid-In Capital	261.11	261.11	261.11	261.11	56.61	56.61
Retained Earnings	344.08	406.52	387.04	394.68	467.29	359.32
Comprehensive Income & Other	-37.1	-38.51	-23.83	-10.47	5.22	0.09
Shareholders' Equity	1,018	1,079	1,074	1,086	920.26	807.16
Total Liabilities & Equity	1,444	1,499	1,513	1,430	1,430	1,314
Total Debt	4.34	4.6	7.56	9.19	154.78	131.48
Net Cash (Debt)	484.41	505.1	325.6	389.61	172.66	148.28
Net Cash Growth	105.74%	55.13%	-16.43%	125.66%	16.44%	-
Net Cash Per Share	10.77	11.19	7.21	8.82	4.30	3.70
Filing Date Shares Outstanding	45	45	45	45	39.9	39.9
Total Common Shares Outstanding	45	45	45	45	39.9	39.9
Working Capital	567.23	635.95	545.75	603.94	447.09	384.97
Book Value Per Share	22.62	23.98	23.87	24.15	23.07	20.23
Tangible Book Value	1,018	1,079	1,074	1,086	919.59	806.91
Tangible Book Value Per Share	22.62	23.98	23.87	24.13	23.05	20.22
Land	-	48.7	42.73	42.73	42.73	46.24
Buildings	-	130.17	116.27	123.99	122.99	110.28
Machinery	-	44.01	40.34	41.52	40.34	36.11
Construction In Progress	-	76.55	65.89	-	-	-

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