ALFORMER Industrial 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	361.75	209.37	214.39	122.8	156.41
Cash & Short-Term Investments	361.75	209.37	214.39	122.8	156.41
Cash Growth	72.78%	-2.34%	74.59%	-21.49%	10.20%
Accounts Receivable	424.28	407.36	453.49	371.45	629.7
Other Receivables	0.71	0.25	0.23	0.01	2.02
Receivables	424.99	407.61	453.72	371.46	631.72
Inventory	701.36	779.19	665.91	873.6	722.28
Prepaid Expenses	5.6	-	-	-	-
Other Current Assets	55.86	12.76	8.9	2.26	6.01
Total Current Assets	1,550	1,409	1,343	1,370	1,516
Property, Plant & Equipment	1,204	977.09	749.04	718.34	599.59
Long-Term Investments	0.06	-	-	-	-
Long-Term Deferred Tax Assets	19.48	13.92	19.95	19.15	5.86
Other Long-Term Assets	73.46	46.68	28.46	19.75	39.24
Total Assets	2,847	2,447	2,140	2,127	2,161
Accounts Payable	22.1	26.03	13.23	14.82	18.46
Accrued Expenses	-	58.75	54.15	48.91	96.55
Short-Term Debt	705.76	594.41	499.05	484.44	679.82
Current Portion of Long-Term Debt	-	30.58	31.37	31.71	13.58
Current Portion of Leases	4.81	6.03	3.34	3.27	2.78
Current Income Taxes Payable	-	-	-	3.3	39.78
Current Unearned Revenue	136.45	115.36	127.4	56.73	65.99
Other Current Liabilities	149.4	51.55	46.85	54.52	46.39
Total Current Liabilities	1,019	882.72	775.39	697.72	963.35
Long-Term Debt	910.64	617.96	449.24	479.64	420.96
Long-Term Leases	29.77	33.66	29.59	15.54	17.9
Long-Term Deferred Tax Liabilities	0.2	0.04	-	-	-
Other Long-Term Liabilities	12.51	6.88	5.05	3.6	3.6
Total Liabilities	1,972	1,541	1,259	1,197	1,406
Common Stock	500	500	500	500	441
Additional Paid-In Capital	234.19	215.74	215.74	215.74	10
Retained Earnings	141.1	189.64	165.37	215.12	304.32
Shareholders' Equity	875.29	905.37	881.11	930.86	755.32
Total Liabilities & Equity	2,847	2,447	2,140	2,127	2,161
Total Debt	1,651	1,283	1,013	1,015	1,135
Net Cash (Debt)	-1,289	-1,073	-798.19	-891.81	-978.62
Net Cash Per Share	-26.07	-21.46	-15.96	-18.23	-22.13
Filing Date Shares Outstanding	47.83	50	50	50	44.1
Total Common Shares Outstanding	47.83	50	50	50	44.1
Working Capital	531.03	526.22	567.53	672.4	553.08
Book Value Per Share	18.30	18.11	17.62	18.62	17.13
Tangible Book Value	875.29	905.37	881.11	930.86	755.32
Tangible Book Value Per Share	18.30	18.11	17.62	18.62	17.13
Land	-	543.19	293.05	293.05	268.67
Buildings	-	238.05	256.66	218.91	198.48
Machinery	-	426.07	440.62	427.29	337.17
Construction In Progress	-	1.68	-	18.92	13.53
Leasehold Improvements	-	9.04	5.61	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.