Zen Voce Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	598.59	612.28	638.4	745.16	591.13	533.04
Trading Asset Securities	122.43	92.56	94.57	46.97	76.4	113.75
Cash & Short-Term Investments	721.02	704.84	732.97	792.13	667.53	646.79
Cash Growth	6.03%	-3.84%	-7.47%	18.67%	3.21%	42.00%
Accounts Receivable	404.34	394.91	311.54	213.42	327.64	379.71
Other Receivables	22.82	50.25	9.93	4.53	7.53	6.02
Receivables	427.16	445.16	321.46	217.95	335.17	385.73
Inventory	915.04	555.77	597.08	534.19	611.24	527.77
Prepaid Expenses	75.56	8.27	8.63	30.88	66.15	37.62
Other Current Assets	12.4	7.46	2.4	6.8	4.36	5.52
Total Current Assets	2,151	1,721	1,663	1,582	1,684	1,603
Property, Plant & Equipment	140.68	136.19	142.22	151.66	153.74	164.66
Long-Term Investments	0.69	0.14	0.44	0.81	0.07	0.07
Goodwill	-	55.68	55.68	55.68	55.68	55.68
Other Intangible Assets	63.22	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	45.11	48.51	48.73	51.58	46.68	47.82
Other Long-Term Assets	68.66	55.71	100.2	102.2	129.94	24.2
Total Assets	2,470	2,027	2,024	1,963	2,073	1,897

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	153.85	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	5.99	4.21	4.43	6.26	5.75	8.19
Current Income Taxes Payable	20.93	25.77	21.74	23.81	26.11	10.29
Current Unearned Revenue	559.52	191.96	206.12	182.19	232.65	148.91
Other Current Liabilities	198.26	18.85	15.65	21.9	15.44	15.98
Total Current Liabilities	1,369	934.67	959.26	919.4	1,027	891.9
Long-Term Debt	-	-	9.17	20	29.17	39.17
Long-Term Leases	2.75	1.05	2.84	6.08	2.96	6.22
Long-Term Deferred Tax Liabilities	30.94	34.85	38.29	39.48	36.01	21.63
Other Long-Term Liabilities	-	-	-	-	0.17	0.26
Total Liabilities	1,402	970.57	1,010	984.96	1,095	959.17

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
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	286.3	269.17	251.81	245.27	257.44	242.8
Comprehensive Income & Other	27.57	24.12	16.57	5.25	4.47	-12.93
Total Common Equity	905.22	884.65	859.73	841.88	853.26	821.23
Minority Interest	162.09	171.76	154.99	136.11	124.19	116.19
Shareholders' Equity	1,067	1,056	1,015	977.99	977.45	937.42
Total Liabilities & Equity	2,470	2,027	2,024	1,963	2,073	1,897

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	438.74	384.43	436.44	512.34	507.88	470.58
Net Cash (Debt)	282.28	320.41	296.53	279.79	159.65	176.22
Net Cash Growth	-6.34%	8.05%	5.98%	75.25%	-9.40%	561.25%
Net Cash Per Share	5.53	6.28	5.81	5.49	3.13	3.45
Filing Date Shares Outstanding	50.63	51.01	51.01	51.01	51.01	51.01
Total Common Shares Outstanding	50.63	51.01	51.01	51.01	51.01	51.01
Working Capital	782.63	786.83	703.28	662.54	657.59	711.53
Book Value Per Share	17.88	17.34	16.86	16.51	16.73	16.10
Tangible Book Value	842	819.71	792.13	770.96	797.15	764.81
Tangible Book Value Per Share	16.63	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