Higgstec 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	260.4	320.01	449.11	474.27	458.88
Short-Term Investments	-	-	-	30.67	-
Cash & Short-Term Investments	260.4	320.01	449.11	504.94	458.88
Cash Growth	-18.63%	-28.75%	-11.06%	10.04%	23.35%
Accounts Receivable	81.87	102.1	95.04	94.61	135.33
Other Receivables	8.6	7.04	1.97	5.21	6.51
Receivables	90.47	109.15	97.01	99.82	141.83
Inventory	148.91	133.16	113.47	125.26	169.62
Other Current Assets	8.96	9.86	5.51	4.95	4.73
Total Current Assets	508.73	572.18	665.11	734.97	775.06
Property, Plant & Equipment	529.71	557.25	586.55	591.17	598.89
Other Intangible Assets	1.3	1.64	2.79	4.3	6.29
Long-Term Deferred Tax Assets	9.69	6.61	7.21	5.94	4.62
Other Long-Term Assets	92.1	91.83	93.68	97.12	105.12
Total Assets	1,142	1,229	1,355	1,433	1,490
Accounts Payable	82.61	88.71	83.44	91.8	143.35
Accrued Expenses	39.26	38.84	44.77	55.29	55.25
Short-Term Debt	45	45	105	80	140
Current Portion of Long-Term Debt	24.8	24.33	28.7	26.51	19.97
Current Portion of Leases	1.01	1	0.29	1.16	2.39
Current Income Taxes Payable	-	1.2	12.25	30.22	30.21
Current Unearned Revenue	0.71	1.24	2.2	1.8	1.72
Other Current Liabilities	24.98	26.25	30.91	35.93	34.67
Total Current Liabilities	218.37	226.57	307.55	322.71	427.54
Long-Term Debt	190.23	215.03	239.27	267.76	245.71
Long-Term Leases	2.07	3.08	-	0.29	1.43
Long-Term Deferred Tax Liabilities	0.53	0.57	-	0.19	-
Other Long-Term Liabilities	-	2.2	2.2	2.37	2.37
Total Liabilities	411.2	447.46	549.02	593.31	677.04
Common Stock	396.67	396.67	396.67	396.67	396.67
Additional Paid-In Capital	43.97	43.97	45.83	45.83	45.83
Retained Earnings	294.02	339.47	364.02	397.78	370.62
Treasury Stock	-6.13	-	-	-	-
Comprehensive Income & Other	1.79	1.93	-0.21	-0.11	-0.19
Shareholders' Equity	730.32	782.04	806.32	840.18	812.93
Total Liabilities & Equity	1,142	1,229	1,355	1,433	1,490
Total Debt	263.11	288.44	373.25	375.72	409.49
Net Cash (Debt)	-2.71	31.57	75.86	129.22	49.39
Net Cash Growth	-	-58.38%	-41.30%	161.65%	-47.22%
Net Cash Per Share	-0.07	0.79	1.90	3.22	1.23
Filing Date Shares Outstanding	39.36	39.67	39.67	39.67	39.67
Total Common Shares Outstanding	39.36	39.67	39.67	39.67	39.67
Working Capital	290.36	345.61	357.56	412.27	347.52
Book Value Per Share	18.55	19.72	20.33	21.18	20.49
Tangible Book Value	729.02	780.4	803.53	835.88	806.64
Tangible Book Value Per Share	18.52	19.67	20.26	21.07	20.34
Land	191.48	191.48	191.48	191.48	191.48
Buildings	386.63	383.32	381.66	384.15	374.52
Machinery	266.76	272.55	269.97	240.85	228.55
Construction In Progress	-	-	-	5.48	1.26
Leasehold Improvements	-	-	-	1.83	17.56

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