Te Chang Construction 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	2,426	1,720	2,590	1,926	1,519
Short-Term Investments	6.45	21.45	202.6	67.94	16.31
Trading Asset Securities	139.11	391.14	173.92	112.72	373.48
Cash & Short-Term Investments	2,571	2,133	2,967	2,106	1,909
Cash Growth	20.55%	-28.11%	40.85%	10.36%	22.62%
Accounts Receivable	5,389	5,544	5,503	4,186	3,946
Other Receivables	23.86	31.51	21.85	39.36	46.92
Receivables	5,413	5,576	5,525	4,225	3,993
Inventory	822.42	790.55	787.08	785.44	695.64
Prepaid Expenses	101.21	87.14	101.01	67	50.41
Other Current Assets	2,761	1,741	1,908	3,750	3,951
Total Current Assets	11,669	10,327	11,288	10,934	10,598
Property, Plant & Equipment	1,164	1,087	1,037	973.97	818.32
Long-Term Investments	894.44	587.45	515.52	430.77	375.13
Goodwill	3.9	3.9	3.9	3.9	3.9
Other Intangible Assets	104.09	105.31	107.25	105.77	99.65
Long-Term Deferred Tax Assets	167.78	140.06	129.78	107.89	90.21
Other Long-Term Assets	396.12	386.74	327.54	382.46	377.5
Total Assets	14,399	12,637	13,409	12,939	12,363
Accounts Payable	3,470	3,068	2,793	2,239	1,870
Accrued Expenses	362.36	310.35	376.3	270.24	187
Short-Term Debt	136.02	152.08	174.12	93.95	486.54
Current Portion of Long-Term Debt	20.5	24.45	34.99	32.7	21.32
Current Portion of Leases	35.26	27.85	24.21	27.28	11.46
Current Income Taxes Payable	246.07	159.7	319.48	208.16	132.81
Current Unearned Revenue	1,211	1,046	538.21	493.05	432.67
Other Current Liabilities	978.15	411.06	1,106	2,539	3,056
Total Current Liabilities	6,460	5,200	5,366	5,904	6,197
Long-Term Debt	359.7	699.69	1,645	1,476	997.78
Long-Term Leases	536.39	534.57	518.22	531.27	463.71
Pension & Post-Retirement Benefits	-	-	-	0.34	0.42
Long-Term Deferred Tax Liabilities	14.74	12.41	2.04	2.02	1.21
Other Long-Term Liabilities	20.75	10.67	8.86	11.02	21.99
Total Liabilities	7,392	6,457	7,540	7,924	7,682
Common Stock	1,134	1,134	1,134	1,134	1,134
Additional Paid-In Capital	143.54	143.54	143.54	143.54	143.49
Retained Earnings	5,549	4,772	4,484	3,603	3,308
Comprehensive Income & Other	60.37	55.31	38.13	39.02	1.38
Total Common Equity	6,887	6,105	5,800	4,920	4,587
Minority Interest	120.5	74.82	68.85	94.98	93.74
Shareholders' Equity	7,008	6,180	5,869	5,015	4,681
Total Liabilities & Equity	14,399	12,637	13,409	12,939	12,363
Total Debt	1,088	1,439	2,396	2,161	1,981
Net Cash (Debt)	1,483	694.12	570.3	-54.49	-72.26
Net Cash Growth	113.68%	21.71%	-	-	-
Net Cash Per Share	13.00	6.09	5.01	-0.48	-0.63
Filing Date Shares Outstanding	113.44	113.44	113.44	113.44	113.44
Total Common Shares Outstanding	113.44	113.44	113.44	113.44	113.44
Working Capital	5,209	5,127	5,922	5,030	4,401
Book Value Per Share	60.71	53.82	51.13	43.37	40.44
Tangible Book Value	6,779	5,996	5,689	4,810	4,483
Tangible Book Value Per Share	59.76	52.86	50.15	42.40	39.52
Land	83.05	83.63	74.33	39.56	39.56
Buildings	57.81	55.71	54.71	43.08	43.08
Machinery	479.85	442.24	414.91	343.07	256.29
Construction In Progress	111.27	55.38	30.26	26.4	9.21
Leasehold Improvements	77.32	67.97	67.45	67.36	62.56

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