Max Echo Technology 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	64.29	52.26	51.68	67.74	85.56	99.03
Cash & Short-Term Investments	64.29	52.26	51.68	67.74	85.56	99.03
Cash Growth	34.86%	1.11%	-23.70%	-20.83%	-13.60%	200.27%
Accounts Receivable	115.75	101.55	73.24	63.98	115.92	131.8
Other Receivables	4.28	1.17	7.97	0.43	4.14	4.65
Receivables	120.02	102.72	81.21	64.42	120.06	136.45
Inventory	116.91	98.45	95.61	119.61	169.76	125.45
Prepaid Expenses	3.97	1.66	1.56	1.56	1.31	1.25
Other Current Assets	0.44	0.45	0.67	0.45	1.34	6.43
Total Current Assets	305.64	255.53	230.73	253.79	378.03	368.61
Property, Plant & Equipment	778.25	784.66	809.93	853.72	863.25	873.73
Long-Term Investments	3.74	3.74	3.52	2.86	2.59	2.16
Other Intangible Assets	0.09	0.13	0.47	1.12	1.17	1.7
Long-Term Deferred Tax Assets	18.62	17.97	22.57	24.82	14.96	13.98
Other Long-Term Assets	86.34	84.95	84.71	84.82	87.31	86.79
Total Assets	1,193	1,147	1,152	1,221	1,347	1,347
Accounts Payable	61.54	55.23	43.54	19.57	75.19	73.77
Accrued Expenses	-	28.17	21.14	24.33	51.56	47.33
Short-Term Debt	20	20	-	100	20	105
Current Portion of Long-Term Debt	-	39.86	39.86	55.67	55.23	48.68
Current Income Taxes Payable	-	-	-	-	7.79	7.56
Current Unearned Revenue	0.75	0.13	0.16	0.78	0.47	0.94
Other Current Liabilities	103.69	29.22	25.22	23.7	32.12	61.18
Total Current Liabilities	185.98	172.61	129.92	224.05	242.37	344.46
Long-Term Debt	452.02	457.26	497.13	391.61	411.7	439.09
Pension & Post-Retirement Benefits	-	2.24	3.74	8.37	9.04	-
Long-Term Deferred Tax Liabilities	3.5	3.58	3.53	3.49	3.83	3.33
Other Long-Term Liabilities	2.22	-	-	-	-	12.87
Total Liabilities	643.71	635.7	634.32	627.52	666.94	799.74
Common Stock	380.56	380.56	380.56	380.56	380.56	335.79
Additional Paid-In Capital	71.66	71.66	71.66	71.66	71.66	19.45
Retained Earnings	93.71	56.02	62.58	139.23	226.27	190.54
Comprehensive Income & Other	3.03	3.03	2.81	2.15	1.88	1.46
Shareholders' Equity	548.96	511.27	517.61	593.6	680.37	547.24
Total Liabilities & Equity	1,193	1,147	1,152	1,221	1,347	1,347
Total Debt	472.02	517.13	536.99	547.29	486.94	592.77
Net Cash (Debt)	-407.73	-464.87	-485.3	-479.55	-401.37	-493.74
Net Cash Per Share	-10.71	-12.22	-12.75	-12.60	-10.92	-14.59
Filing Date Shares Outstanding	38.06	38.06	38.06	38.06	38.06	33.58
Total Common Shares Outstanding	38.06	38.06	38.06	38.06	38.06	33.58
Working Capital	119.66	82.92	100.81	29.73	135.67	24.15
Book Value Per Share	14.42	13.43	13.60	15.60	17.88	16.30
Tangible Book Value	548.87	511.14	517.14	592.48	679.2	545.54
Tangible Book Value Per Share	14.42	13.43	13.59	15.57	17.85	16.25
Land	-	452.53	452.3	452.07	451.84	451.61
Buildings	-	284.46	283.86	294.43	294.05	288.96
Machinery	-	247.4	291.77	358.2	332.17	262.58
Construction In Progress	-	0.41	-	1.56	0.41	49.49

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