Tien Liang BioTech 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	170.93	122.31	130.67	142.22	107.84	118.47
Short-Term Investments	-	30	-	-	-	-
Cash & Short-Term Investments	170.93	152.31	130.67	142.22	107.84	118.47
Cash Growth	-3.53%	16.56%	-8.12%	31.87%	-8.97%	2.81%
Accounts Receivable	63.22	47.02	40.89	75.04	97.05	97.84
Other Receivables	0.23	0.22	0.1	0.01	0.01	-
Receivables	63.45	47.24	40.98	75.05	97.07	97.84
Inventory	63.14	67.04	58.49	75.8	94.97	60.95
Prepaid Expenses	7.52	7.1	8.82	11.15	22.48	13.4
Other Current Assets	7.83	11.42	7.58	4.83	3.92	4.22
Total Current Assets	312.87	285.11	246.54	309.04	326.27	294.89
Property, Plant & Equipment	340.92	335.55	324.07	334.03	339.2	349.48
Long-Term Investments	543.78	536.23	296.65	-	-	-
Other Intangible Assets	0.36	0.4	0.44	0.51	0.24	0.62
Long-Term Deferred Tax Assets	3.45	3.65	5.36	5.6	5.89	5.79
Other Long-Term Assets	18.56	22.29	15.62	4.86	4.82	4.58
Total Assets	1,220	1,183	888.68	654.04	676.43	655.35
Accounts Payable	69.65	56.51	32.9	25.9	26.05	46.41
Accrued Expenses	-	38.24	28.33	29.55	40.46	28.61
Short-Term Debt	598	598	335	70	100	130.5
Current Portion of Leases	-	-	0.38	0.5	0.52	0.78
Current Income Taxes Payable	-	-	-	0.73	-	-
Other Current Liabilities	48.84	16.14	10.78	18.17	18.49	17.86
Total Current Liabilities	716.49	708.89	407.38	144.85	185.51	224.16
Long-Term Leases	-	-	-	0.38	0.88	1.4
Pension & Post-Retirement Benefits	-	-	-	15.8	14.52	15.69
Long-Term Deferred Tax Liabilities	0.14	0.3	3.38	0.03	0.4	0.05
Total Liabilities	716.63	709.19	410.76	161.05	201.3	241.3
Common Stock	457.6	457.6	457.6	457.6	457.6	457.6
Retained Earnings	57.46	23.24	32.93	35.38	17.53	-43.55
Comprehensive Income & Other	-11.75	-6.8	-12.6	-	-	-
Shareholders' Equity	503.31	474.04	477.92	492.98	475.13	414.05
Total Liabilities & Equity	1,220	1,183	888.68	654.04	676.43	655.35
Total Debt	598	598	335.38	70.88	101.4	132.67
Net Cash (Debt)	-427.07	-445.69	-204.71	71.34	6.44	-14.21
Net Cash Growth	-	-	-	1007.04%	-	-
Net Cash Per Share	-9.33	-9.74	-4.47	1.56	0.14	-0.31
Filing Date Shares Outstanding	45.76	45.76	45.76	45.76	45.76	45.76
Total Common Shares Outstanding	45.76	45.76	45.76	45.76	45.76	45.76
Working Capital	-403.62	-423.77	-160.84	164.19	140.76	70.73
Book Value Per Share	11.00	10.36	10.44	10.77	10.38	9.05
Tangible Book Value	502.95	473.64	477.48	492.47	474.88	413.43
Tangible Book Value Per Share	10.99	10.35	10.43	10.76	10.38	9.03
Land	-	144.74	144.74	144.74	144.74	144.74
Buildings	-	311.75	298.32	298.05	297.83	297.83
Machinery	-	89.04	87.73	103.86	99.44	99.39
Leasehold Improvements	-	-	-	-	-	0.27