Tacheng Real Estate 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	116.15	652.18	553.74	227.97	206.36
Cash & Short-Term Investments	116.15	652.18	553.74	227.97	206.36
Cash Growth	-82.19%	17.78%	142.90%	10.47%	-59.76%
Accounts Receivable	-	0.01	0.01	0.13	0.31
Other Receivables	0.04	-	0.05	0.01	3.17
Receivables	0.04	0.01	0.06	0.13	3.48
Inventory	3,760	3,332	2,571	2,667	2,992
Prepaid Expenses	12.48	0.47	13.67	8.57	0.76
Other Current Assets	420.07	626.76	108.27	318.76	192.13
Total Current Assets	4,309	4,611	3,247	3,222	3,395
Property, Plant & Equipment	2.09	2.63	0.1	0.18	3.06
Other Intangible Assets	0.02	0.06	0.18	0.17	0.18
Long-Term Deferred Tax Assets	7.37	8.62	11.12	9.6	8.12
Other Long-Term Assets	2.57	6.24	2.66	0.5	2.8
Total Assets	4,321	4,629	3,261	3,233	3,409
Accounts Payable	135.73	231.14	231.29	185.19	180.77
Accrued Expenses	0.06	0.04	-	-	-
Short-Term Debt	868.33	914.31	550.9	736.27	870.77
Current Portion of Leases	-	-	-	-	2.99
Current Income Taxes Payable	35.79	132.52	7.52	30.04	38.54
Current Unearned Revenue	584.36	545.63	397.84	404.51	513.11
Other Current Liabilities	160.82	401.35	92.04	43.45	185.66
Total Current Liabilities	1,785	2,225	1,280	1,399	1,792
Long-Term Deferred Tax Liabilities	0.08	-	-	-	-
Total Liabilities	1,785	2,225	1,280	1,399	1,792
Common Stock	1,000	1,000	1,000	1,000	866.55
Additional Paid-In Capital	201.78	201.78	201.78	201.78	201.78
Retained Earnings	1,334	1,202	779.46	631.62	549.02
Shareholders' Equity	2,536	2,404	1,981	1,833	1,617
Total Liabilities & Equity	4,321	4,629	3,261	3,233	3,409
Total Debt	868.33	914.31	550.9	736.27	873.76
Net Cash (Debt)	-752.18	-262.13	2.84	-508.3	-667.39
Net Cash Per Share	-7.52	-2.62	0.03	-5.08	-6.67
Filing Date Shares Outstanding	99.98	100	100	100	100
Total Common Shares Outstanding	99.98	100	100	100	100
Working Capital	2,524	2,386	1,967	1,823	1,603
Book Value Per Share	25.36	24.04	19.81	18.33	16.17
Tangible Book Value	2,536	2,404	1,981	1,833	1,617
Tangible Book Value Per Share	25.36	24.04	19.81	18.33	16.17
Machinery	-	3.29	0.22	0.31	0.52

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