Zen Voce 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	769.53	612.28	638.4	745.16	591.13	533.04
Trading Asset Securities	96.17	92.56	94.57	46.97	76.4	113.75
Cash & Short-Term Investments	865.7	704.84	732.97	792.13	667.53	646.79
Cash Growth	12.83%	-3.84%	-7.47%	18.67%	3.21%	42.00%
Accounts Receivable	407.52	394.91	311.54	213.42	327.64	379.71
Other Receivables	3.1	50.25	9.93	4.53	7.53	6.02
Receivables	410.62	445.16	321.46	217.95	335.17	385.73
Inventory	601.16	555.77	597.08	534.19	611.24	527.77
Prepaid Expenses	50.61	8.27	8.63	30.88	66.15	37.62
Other Current Assets	9.79	7.46	2.4	6.8	4.36	5.52
Total Current Assets	1,938	1,721	1,663	1,582	1,684	1,603
Property, Plant & Equipment	138.09	136.19	142.22	151.66	153.74	164.66
Long-Term Investments	0.63	0.14	0.44	0.81	0.07	0.07
Goodwill	-	55.68	55.68	55.68	55.68	55.68
Other Intangible Assets	64.07	9.26	11.93	15.24	0.43	0.74
Long-Term Accounts Receivable	-	-	2.53	3.85	1.62	-
Long-Term Deferred Tax Assets	44.39	48.51	48.73	51.58	46.68	47.82
Other Long-Term Assets	59.13	55.71	100.2	102.2	129.94	24.2
Total Assets	2,244	2,027	2,024	1,963	2,073	1,897
Accounts Payable	186.51	170	165.03	93.02	154.55	162.84
Accrued Expenses	-	144.71	126.29	112.22	122.36	128.69
Short-Term Debt	430	370	410	470	460	407
Current Portion of Long-Term Debt	-	9.17	10	10	10	10
Current Portion of Leases	4.08	4.21	4.43	6.26	5.75	8.19
Current Income Taxes Payable	33.95	25.77	21.74	23.81	26.11	10.29
Current Unearned Revenue	320.15	191.96	206.12	182.19	232.65	148.91
Other Current Liabilities	149.97	18.85	15.65	21.9	15.44	15.98
Total Current Liabilities	1,125	934.67	959.26	919.4	1,027	891.9
Long-Term Debt	-	-	9.17	20	29.17	39.17
Long-Term Leases	0.4	1.05	2.84	6.08	2.96	6.22
Long-Term Deferred Tax Liabilities	31.11	34.85	38.29	39.48	36.01	21.63
Other Long-Term Liabilities	-	-	-	-	0.17	0.26
Total Liabilities	1,156	970.57	1,010	984.96	1,095	959.17
Common Stock	510.06	510.06	510.06	510.06	510.06	510.06
Additional Paid-In Capital	81.29	81.29	81.29	81.29	81.29	81.29
Retained Earnings	285.01	269.17	251.81	245.27	257.44	242.8
Comprehensive Income & Other	29.01	24.12	16.57	5.25	4.47	-12.93
Total Common Equity	905.37	884.65	859.73	841.88	853.26	821.23
Minority Interest	182.66	171.76	154.99	136.11	124.19	116.19
Shareholders' Equity	1,088	1,056	1,015	977.99	977.45	937.42
Total Liabilities & Equity	2,244	2,027	2,024	1,963	2,073	1,897
Total Debt	434.48	384.43	436.44	512.34	507.88	470.58
Net Cash (Debt)	431.23	320.41	296.53	279.79	159.65	176.22
Net Cash Growth	37.09%	8.05%	5.98%	75.25%	-9.40%	561.25%
Net Cash Per Share	8.45	6.28	5.81	5.49	3.13	3.45
Filing Date Shares Outstanding	51.01	51.01	51.01	51.01	51.01	51.01
Total Common Shares Outstanding	51.01	51.01	51.01	51.01	51.01	51.01
Working Capital	813.23	786.83	703.28	662.54	657.59	711.53
Book Value Per Share	17.75	17.34	16.86	16.51	16.73	16.10
Tangible Book Value	841.3	819.71	792.13	770.96	797.15	764.81
Tangible Book Value Per Share	16.49	16.07	15.53	15.12	15.63	14.99
Land	-	49.5	49.5	49.5	49.5	49.5
Buildings	-	99.25	99.25	99.25	99.25	99.25
Machinery	-	119.1	120.2	116.68	111.36	106.07