Tacheng Real Estate Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	199.83	652.18	553.74	227.97	206.36	512.78
Cash & Short-Term Investments	199.83	652.18	553.74	227.97	206.36	512.78
Cash Growth	-30.09%	17.78%	142.90%	10.47%	-59.76%	350.04%
Accounts Receivable	-	0.01	0.01	0.13	0.31	0.13
Other Receivables	0.01	-	0.05	0.01	3.17	0.38
Receivables	0.01	0.01	0.06	0.13	3.48	0.51
Inventory	3,592	3,332	2,571	2,667	2,992	2,677
Prepaid Expenses	3.65	0.47	13.67	8.57	0.76	23.76
Other Current Assets	570.39	626.76	108.27	318.76	192.13	125.51
Total Current Assets	4,366	4,611	3,247	3,222	3,395	3,339
Property, Plant & Equipment	2.22	2.63	0.1	0.18	3.06	4.03
Other Intangible Assets	0.03	0.06	0.18	0.17	0.18	0.06
Long-Term Deferred Tax Assets	5.94	8.62	11.12	9.6	8.12	11.54
Other Long-Term Assets	2.27	6.24	2.66	0.5	2.8	5.87
Total Assets	4,377	4,629	3,261	3,233	3,409	3,361
Accounts Payable	179.06	231.14	231.29	185.19	180.77	230.91
Accrued Expenses	0.04	0.04	-	-	-	-
Short-Term Debt	868.33	914.31	550.9	736.27	870.77	845.43
Current Portion of Leases	-	-	-	-	2.99	1.99
Current Income Taxes Payable	35.93	132.52	7.52	30.04	38.54	44.9
Current Unearned Revenue	561.95	545.63	397.84	404.51	513.11	625.03
Other Current Liabilities	194.36	401.35	92.04	43.45	185.66	335.48
Total Current Liabilities	1,840	2,225	1,280	1,399	1,792	2,084
Long-Term Leases	-	-	-	-	-	1.8
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.17
Total Liabilities	1,840	2,225	1,280	1,399	1,792	2,086
Common Stock	1,000	1,000	1,000	1,000	866.55	753.52
Additional Paid-In Capital	201.78	201.78	201.78	201.78	201.78	201.78
Retained Earnings	1,335	1,202	779.46	631.62	549.02	319.66
Shareholders' Equity	2,537	2,404	1,981	1,833	1,617	1,275
Total Liabilities & Equity	4,377	4,629	3,261	3,233	3,409	3,361
Total Debt	868.33	914.31	550.9	736.27	873.76	849.22
Net Cash (Debt)	-668.5	-262.13	2.84	-508.3	-667.39	-336.44
Net Cash Per Share	-6.69	-2.62	0.03	-5.08	-6.67	-3.36
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Working Capital	2,526	2,386	1,967	1,823	1,603	1,255
Book Value Per Share	25.37	24.04	19.81	18.33	16.17	12.75
Tangible Book Value	2,537	2,404	1,981	1,833	1,617	1,275
Tangible Book Value Per Share	25.37	24.04	19.81	18.33	16.17	12.75
Machinery	3.07	3.29	0.22	0.31	0.52	0.52

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