Ushine Photonics Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	314.04	350.51	329.13	352.62	139.15
Short-Term Investments	-	-	-	-	11.07
Cash & Short-Term Investments	314.04	350.51	329.13	352.62	150.22
Cash Growth	-10.41%	6.50%	-6.66%	134.74%	90.12%
Accounts Receivable	114.13	117.82	68.14	93.1	68.23
Other Receivables	0.27	0.55	0.51	1.2	1.33
Receivables	114.4	118.37	68.64	94.3	69.56
Inventory	67.64	44.59	70.66	96.57	63.93
Other Current Assets	0.27	0.4	2.06	0.8	0.42
Total Current Assets	496.34	513.88	470.49	544.29	284.13
Property, Plant & Equipment	388.09	352.81	304.21	327.89	278.68
Other Intangible Assets	1.43	2.14	2.78	3.76	1.68
Long-Term Deferred Tax Assets	5.05	5.21	7.36	5.05	3.64
Other Long-Term Assets	6.5	14.61	8.2	0.05	0.72
Total Assets	897.43	888.65	793.03	881.04	568.85
Accounts Payable	25.36	22.45	14.38	32.26	29.99
Accrued Expenses	33.23	30.51	23.62	49.18	15.41
Short-Term Debt	25	25	25	25	25
Current Portion of Long-Term Debt	39.19	40.47	25.06	21.11	14.43
Current Portion of Leases	0.31	1.36	1.32	-	-
Current Income Taxes Payable	14.11	7.16	0.3	18.65	-
Current Unearned Revenue	-	0.35	-	-	-
Other Current Liabilities	2.82	5.18	3.89	1.57	5.71
Total Current Liabilities	140.03	132.48	93.58	147.78	90.52
Long-Term Debt	149.8	188.65	194.46	190.81	204.62
Long-Term Leases	-	0.31	1.67	-	-
Long-Term Deferred Tax Liabilities	0.65	2.2	-	-	-
Other Long-Term Liabilities	-	-	-	-	0.16
Total Liabilities	290.47	323.63	289.7	338.59	295.3
Common Stock	264.22	264.22	259	259	234
Additional Paid-In Capital	94.04	93.79	77.67	76.14	-
Retained Earnings	248.7	207	166.65	207.31	39.55
Shareholders' Equity	606.95	565.01	503.32	542.45	273.55
Total Liabilities & Equity	897.43	888.65	793.03	881.04	568.85
Total Debt	214.31	255.78	247.51	236.92	244.04
Net Cash (Debt)	99.73	94.73	81.61	115.7	-93.83
Net Cash Growth	5.28%	16.07%	-29.46%	-	-
Net Cash Per Share	3.68	3.61	3.10	4.69	-4.22
Filing Date Shares Outstanding	26.42	26.42	25.9	25.9	23.4
Total Common Shares Outstanding	26.42	26.42	25.9	25.9	23.4
Working Capital	356.32	381.4	376.91	396.51	193.61
Book Value Per Share	22.97	21.38	19.43	20.94	11.69
Tangible Book Value	605.52	562.88	500.55	538.69	271.87
Tangible Book Value Per Share	22.92	21.30	19.33	20.80	11.62
Land	89.6	89.6	89.6	89.6	89.6
Buildings	138.43	130.81	124.75	117.62	116.08
Machinery	192.21	165.27	163.1	241.61	204.46
Construction In Progress	118.8	84.93	10.36	8.46	3.72