Max Echo Technology 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	52.26	51.68	67.74	85.56	99.03
Cash & Short-Term Investments	52.26	51.68	67.74	85.56	99.03
Cash Growth	1.11%	-23.70%	-20.83%	-13.60%	200.27%
Accounts Receivable	101.55	73.24	63.98	115.92	131.8
Other Receivables	1.17	7.97	0.43	4.14	4.65
Receivables	102.72	81.21	64.42	120.06	136.45
Inventory	98.45	95.61	119.61	169.76	125.45
Prepaid Expenses	1.66	1.56	1.56	1.31	1.25
Other Current Assets	0.45	0.67	0.45	1.34	6.43
Total Current Assets	255.53	230.73	253.79	378.03	368.61
Property, Plant & Equipment	784.66	809.93	853.72	863.25	873.73
Long-Term Investments	3.74	3.52	2.86	2.59	2.16
Other Intangible Assets	0.13	0.47	1.12	1.17	1.7
Long-Term Deferred Tax Assets	17.97	22.57	24.82	14.96	13.98
Other Long-Term Assets	84.95	84.71	84.82	87.31	86.79
Total Assets	1,147	1,152	1,221	1,347	1,347
Accounts Payable	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	-	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	0.13	0.16	0.78	0.47	0.94
Other Current Liabilities	29.22	25.22	23.7	32.12	61.18
Total Current Liabilities	172.61	129.92	224.05	242.37	344.46
Long-Term Debt	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	3.58	3.53	3.49	3.83	3.33
Other Long-Term Liabilities	-	-	-	-	12.87
Total Liabilities	635.7	634.32	627.52	666.94	799.74
Common Stock	380.56	380.56	380.56	380.56	335.79
Additional Paid-In Capital	71.66	71.66	71.66	71.66	19.45
Retained Earnings	56.02	62.58	139.23	226.27	190.54
Comprehensive Income & Other	3.03	2.81	2.15	1.88	1.46
Shareholders' Equity	511.27	517.61	593.6	680.37	547.24
Total Liabilities & Equity	1,147	1,152	1,221	1,347	1,347
Total Debt	517.13	536.99	547.29	486.94	592.77
Net Cash (Debt)	-464.87	-485.3	-479.55	-401.37	-493.74
Net Cash Per Share	-12.22	-12.75	-12.60	-10.92	-14.59
Filing Date Shares Outstanding	38.06	38.06	38.06	38.06	33.58
Total Common Shares Outstanding	38.06	38.06	38.06	38.06	33.58
Working Capital	82.92	100.81	29.73	135.67	24.15
Book Value Per Share	13.43	13.60	15.60	17.88	16.30
Tangible Book Value	511.14	517.14	592.48	679.2	545.54
Tangible Book Value Per Share	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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.