Hsinjing Holding Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	200.2	181.55	135.52	225.42	251.03	50.98
Cash & Short-Term Investments	200.2	181.55	135.52	225.42	251.03	50.98
Cash Growth	11.86%	33.97%	-39.88%	-10.20%	392.42%	124.38%
Accounts Receivable	99.42	153.94	353.16	392.21	99.23	28.29
Other Receivables	75.87	4.89	36.1	0.59	0.02	0.46
Receivables	175.29	158.83	389.25	392.8	99.25	28.75
Inventory	120.14	113.17	130.02	683.71	374.46	233.86
Prepaid Expenses	12.55	153.68	178.4	106.28	108.31	20.07
Other Current Assets	106.51	57.68	42.71	34.7	10	4.01
Total Current Assets	614.68	664.91	875.9	1,443	843.04	337.67
Property, Plant & Equipment	2,018	2,000	1,418	552.36	276.96	290.34
Long-Term Investments	123.76	135.37	98.34	55.72	66.01	24.11
Goodwill	-	-	-	6.79	-	-
Other Intangible Assets	5.25	5.59	6.03	-	-	-
Other Long-Term Assets	146.6	176.65	343.35	390.03	342.98	88.44
Total Assets	2,908	2,983	2,742	2,448	1,529	740.57
Accounts Payable	118.1	108.84	225.71	107.27	92.88	62.6
Short-Term Debt	550.5	918.73	716.71	649.05	149.48	30
Current Portion of Long-Term Debt	122.47	46.81	19.69	9.71	14.19	21.87
Current Portion of Leases	18.44	19.74	65.37	19.36	2.24	3.16
Current Income Taxes Payable	-	0.55	0.5	2.41	-	0.82
Current Unearned Revenue	70.24	270.28	93.29	204.31	117.97	75.14
Other Current Liabilities	23.35	25.23	15.36	24.97	13.47	10.63
Total Current Liabilities	903.1	1,390	1,137	1,017	390.23	204.2
Long-Term Debt	1,085	875.65	843.34	595.24	494.05	13.47
Long-Term Leases	127.49	65.91	64.62	121.73	13.46	14.7
Pension & Post-Retirement Benefits	-	-	-	0.29	0.36	1.69
Other Long-Term Liabilities	30.84	26.43	29.1	21.65	9.96	6.92
Total Liabilities	2,146	2,358	2,074	1,756	908.06	240.98
Common Stock	880.9	780.9	780.9	780.9	780.9	780.9
Additional Paid-In Capital	229.94	150.21	150.45	149.53	148.25	63.92
Retained Earnings	-354.23	-310.62	-269.01	-248.29	-317.03	-350.38
Comprehensive Income & Other	-1.18	-1.19	-0.55	-0.31	-0.32	-0.29
Total Common Equity	755.42	619.3	661.79	681.82	611.8	494.15
Minority Interest	6.17	5.2	6.61	10	9.14	5.44
Shareholders' Equity	761.59	624.5	668.4	691.83	620.94	499.58
Total Liabilities & Equity	2,908	2,983	2,742	2,448	1,529	740.57
Total Debt	1,904	1,927	1,710	1,395	673.42	83.19
Net Cash (Debt)	-1,704	-1,745	-1,574	-1,170	-422.4	-32.21
Net Cash Per Share	-21.65	-22.35	-20.16	-14.98	-5.41	-0.41
Filing Date Shares Outstanding	88.09	78.09	78.09	78.09	78.09	78.09
Total Common Shares Outstanding	88.09	78.09	78.09	78.09	78.09	78.09
Working Capital	-288.42	-725.27	-260.72	425.84	452.82	133.47
Book Value Per Share	8.58	7.93	8.47	8.73	7.83	6.33
Tangible Book Value	750.17	613.71	655.76	675.03	611.8	494.15
Tangible Book Value Per Share	8.52	7.86	8.40	8.64	7.83	6.33
Machinery	1,233	868.44	692	488.24	360.66	390.45
Construction In Progress	802.62	1,148	671.26	-	-	-
Leasehold Improvements	-	-	-	-	0.49	0.49

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.