Te Chang Construction 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	2,721	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	136.29	139.11	391.14	173.92	112.72	373.48
Cash & Short-Term Investments	2,857	2,571	2,133	2,967	2,106	1,909
Cash Growth	25.43%	20.55%	-28.11%	40.85%	10.36%	22.62%
Accounts Receivable	4,563	5,389	5,544	5,503	4,186	3,946
Other Receivables	1,010	23.86	31.51	21.85	39.36	46.92
Receivables	5,573	5,413	5,576	5,525	4,225	3,993
Inventory	824.02	822.42	790.55	787.08	785.44	695.64
Prepaid Expenses	239.57	101.21	87.14	101.01	67	50.41
Other Current Assets	3,876	2,761	1,741	1,908	3,750	3,951
Total Current Assets	13,369	11,669	10,327	11,288	10,934	10,598
Property, Plant & Equipment	1,194	1,164	1,087	1,037	973.97	818.32
Long-Term Investments	885.7	894.44	587.45	515.52	430.77	375.13
Goodwill	-	3.9	3.9	3.9	3.9	3.9
Other Intangible Assets	13.92	104.09	105.31	107.25	105.77	99.65
Long-Term Deferred Tax Assets	171.01	167.78	140.06	129.78	107.89	90.21
Other Long-Term Assets	490.45	396.12	386.74	327.54	382.46	377.5
Total Assets	16,124	14,399	12,637	13,409	12,939	12,363
Accounts Payable	3,350	3,470	3,068	2,793	2,239	1,870
Accrued Expenses	-	362.36	310.35	376.3	270.24	187
Short-Term Debt	153.59	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	34.8	35.26	27.85	24.21	27.28	11.46
Current Income Taxes Payable	318.42	246.07	159.7	319.48	208.16	132.81
Current Unearned Revenue	1,553	1,211	1,046	538.21	493.05	432.67
Other Current Liabilities	2,326	978.15	411.06	1,106	2,539	3,056
Total Current Liabilities	7,736	6,460	5,200	5,366	5,904	6,197
Long-Term Debt	540.33	359.7	699.69	1,645	1,476	997.78
Long-Term Leases	516.09	536.39	534.57	518.22	531.27	463.71
Pension & Post-Retirement Benefits	-	-	-	-	0.34	0.42
Long-Term Deferred Tax Liabilities	14.66	14.74	12.41	2.04	2.02	1.21
Other Long-Term Liabilities	21.45	20.75	10.67	8.86	11.02	21.99
Total Liabilities	8,829	7,392	6,457	7,540	7,924	7,682
Common Stock	1,134	1,134	1,134	1,134	1,134	1,134
Additional Paid-In Capital	143.54	143.54	143.54	143.54	143.54	143.49
Retained Earnings	5,837	5,549	4,772	4,484	3,603	3,308
Comprehensive Income & Other	64.22	60.37	55.31	38.13	39.02	1.38
Total Common Equity	7,179	6,887	6,105	5,800	4,920	4,587
Minority Interest	116.22	120.5	74.82	68.85	94.98	93.74
Shareholders' Equity	7,295	7,008	6,180	5,869	5,015	4,681
Total Liabilities & Equity	16,124	14,399	12,637	13,409	12,939	12,363
Total Debt	1,245	1,088	1,439	2,396	2,161	1,981
Net Cash (Debt)	1,612	1,483	694.12	570.3	-54.49	-72.26
Net Cash Growth	138.40%	113.68%	21.71%	-	-	-
Net Cash Per Share	13.74	13.00	6.09	5.01	-0.48	-0.63
Filing Date Shares Outstanding	143.96	113.44	113.44	113.44	113.44	113.44
Total Common Shares Outstanding	143.96	113.44	113.44	113.44	113.44	113.44
Working Capital	5,633	5,209	5,127	5,922	5,030	4,401
Book Value Per Share	49.87	60.71	53.82	51.13	43.37	40.44
Tangible Book Value	7,165	6,779	5,996	5,689	4,810	4,483
Tangible Book Value Per Share	49.77	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