TSG Development Co., Ltd. (TPEX:3521)

TSG Development 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	794.86	743.37	723.98	278.73	89.05	80.36
Trading Asset Securities	95.58	78.46	-	-	-	-
Cash & Short-Term Investments	1,010	821.83	723.98	278.73	89.05	80.36
Cash Growth	26.57%	13.51%	159.74%	213.02%	10.82%	54.49%
Accounts Receivable	1.55	40.3	16.86	13.97	22.15	19.27
Other Receivables	1.38	5.03	5.17	2.04	2.19	1.37
Receivables	2.93	45.33	22.03	16.01	24.34	20.63
Inventory	773.71	284.16	412.66	521.3	654.35	691.91
Prepaid Expenses	-	-	-	16.52	-	14.14
Other Current Assets	6.05	125.26	99.44	9.49	23.07	49.28
Total Current Assets	1,793	1,277	1,258	842.05	790.81	856.31
Property, Plant & Equipment	25.21	11.01	136.96	142.02	177.2	150.18
Long-Term Investments	206.93	230.62	-	-	-	-
Goodwill	-	-	-	-	15.56	15.67
Other Intangible Assets	-	-	0.52	1.92	9.49	14.99
Long-Term Accounts Receivable	1.59	-	-	8.97	0.22	2.05
Long-Term Deferred Tax Assets	26.11	26.11	27.17	27.17	27.17	27.17
Other Long-Term Assets	250.71	256.27	281.5	191.88	204.94	197.67
Total Assets	2,304	1,801	1,704	1,214	1,225	1,264

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	-	3.6	18.17	13.43	23.29
Accrued Expenses	-	-	-	1.73	0.1	-
Short-Term Debt	-	-	-	99	271.9	503.02
Current Portion of Long-Term Debt	-	276.51	9.9	26.29	28.45	207.05
Current Portion of Leases	5.12	3.48	4.37	1.47	11.92	2.68
Current Income Taxes Payable	-	23.43	-	10.06	4.48	0.19
Current Unearned Revenue	-	-	96.04	10.09	3.51	4.46
Other Current Liabilities	14.53	10.53	21.26	18.93	22.4	25.37
Total Current Liabilities	19.65	313.95	135.16	185.72	356.19	766.06
Long-Term Debt	-	-	277.91	380.51	338.4	87.7
Long-Term Leases	18.58	4.19	8.27	1.77	21.12	1.77
Long-Term Deferred Tax Liabilities	-	-	-	-	1.88	2.45
Other Long-Term Liabilities	10.5	10.5	10.51	1.04	1.2	1.33
Total Liabilities	48.73	328.64	431.84	569.03	718.78	859.31

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,858	1,458	782.66	782.66	594.25	472.64
Additional Paid-In Capital	100	429.97	219.97	219.97	61.08	7.19
Retained Earnings	287.42	-449.23	-440.06	-358.08	-166.07	-80.31
Comprehensive Income & Other	9.86	33.55	709.86	0	12.22	-0.07
Total Common Equity	2,255	1,472	1,272	644.55	501.48	399.45
Minority Interest	-	-	-	0.43	5.12	5.29
Shareholders' Equity	2,255	1,472	1,272	644.98	506.59	404.73
Total Liabilities & Equity	2,304	1,801	1,704	1,214	1,225	1,264

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	23.7	284.19	300.44	509.03	671.78	802.22
Net Cash (Debt)	986.74	537.64	423.54	-230.3	-582.73	-721.87
Net Cash Growth	94.39%	26.94%	-	-	-	-
Net Cash Per Share	6.84	4.13	5.41	-3.32	-11.52	-15.32
Filing Date Shares Outstanding	185.77	145.77	78.27	78.27	59.43	47.26
Total Common Shares Outstanding	185.77	145.77	78.27	78.27	59.43	47.26
Working Capital	1,773	962.64	1,123	656.34	434.62	90.26
Book Value Per Share	12.14	10.10	16.26	8.24	8.44	8.45
Tangible Book Value	2,255	1,472	1,272	642.63	476.44	368.79
Tangible Book Value Per Share	12.14	10.10	16.25	8.21	8.02	7.80
Land	-	-	81.18	89.79	89.79	89.79
Buildings	-	-	69.51	76.69	76.69	75.34
Machinery	3.32	4.32	64.33	70.52	73.98	95.02
Construction In Progress	-	2.26	1.62	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 23, 2026

Data Sources Report a data error