V-TAC Technology 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	119.02	159.32	165.57	134.75	148.89	235.88
Short-Term Investments	298.53	17.91	23.9	38.31	32.53	110.39
Cash & Short-Term Investments	417.55	177.22	189.47	173.05	181.43	346.27
Cash Growth	122.85%	-6.46%	9.49%	-4.62%	-47.60%	57.99%
Accounts Receivable	347.21	241.81	258.42	323.73	297.98	410.07
Other Receivables	245.56	222.12	134.33	15.81	21.63	8.54
Receivables	592.77	463.93	392.75	339.54	319.61	418.61
Inventory	255.41	164.24	109.96	62.49	182.59	180.88
Other Current Assets	60.48	367.71	302.42	151.97	121.04	143.75
Total Current Assets	1,326	1,173	994.6	727.06	804.67	1,090
Property, Plant & Equipment	84.69	85.56	79.37	97.28	104.96	103.57
Long-Term Investments	350.23	337.58	350.46	340.43	309.03	252.73
Other Intangible Assets	-	-	-	0.01	0.41	4.83
Long-Term Deferred Tax Assets	8.41	8.22	8.97	9.27	9.58	8.85
Other Long-Term Assets	72.02	72.34	75.13	62.82	81.67	78.7
Total Assets	1,842	1,677	1,509	1,237	1,310	1,538
Accounts Payable	214.37	363.4	314.79	236.18	234.17	385.6
Accrued Expenses	-	-	-	-	23.37	51.84
Short-Term Debt	577.87	466.6	248.39	210.28	222.26	225.15
Current Portion of Long-Term Debt	-	2.52	6.11	2.43	2.37	2.59
Current Portion of Leases	3.35	3.39	0.65	0.78	6.73	5.57
Current Income Taxes Payable	5.49	6.43	19.82	24.29	21.03	11.19
Current Unearned Revenue	25.27	6.72	13.93	9.91	22.07	33.33
Other Current Liabilities	223.95	46.99	44.5	34.07	31.53	23.57
Total Current Liabilities	1,050	896.05	648.2	517.94	563.53	738.85
Long-Term Debt	26.87	27.51	61.38	32.48	34.91	39.18
Long-Term Leases	5.65	6.25	0.19	0.23	0.08	3
Long-Term Deferred Tax Liabilities	46.89	47.01	48.75	46.72	54.89	54.43
Other Long-Term Liabilities	1.46	1.4	1.08	0.25	0.3	0.25
Total Liabilities	1,131	978.22	759.59	597.62	653.71	835.72
Common Stock	403.61	403.61	403.61	356.41	356.41	356.41
Additional Paid-In Capital	73.54	73.54	73.37	10.54	10.54	10.54
Retained Earnings	190.75	185.17	222.46	205.99	248.99	258.08
Comprehensive Income & Other	42.52	36.27	49.51	66.31	40.67	77.44
Shareholders' Equity	710.41	698.59	748.94	639.25	656.61	702.47
Total Liabilities & Equity	1,842	1,677	1,509	1,237	1,310	1,538
Total Debt	613.72	506.27	316.73	246.2	266.35	275.49
Net Cash (Debt)	-196.17	-329.05	-127.26	-73.15	-84.92	70.77
Net Cash Growth	-	-	-	-	-	-47.81%
Net Cash Per Share	-4.86	-8.15	-3.54	-2.05	-2.35	1.97
Filing Date Shares Outstanding	40.36	40.36	40.36	35.64	35.64	35.64
Total Common Shares Outstanding	40.36	40.36	40.36	35.64	35.64	35.64
Working Capital	275.91	277.06	346.41	209.12	241.14	350.66
Book Value Per Share	17.60	17.31	18.56	17.94	18.42	19.71
Tangible Book Value	710.41	698.59	748.94	639.24	656.21	697.64
Tangible Book Value Per Share	17.60	17.31	18.56	17.94	18.41	19.57
Land	-	9.57	9.57	21.21	21.21	21.21
Buildings	-	53.07	53.5	63.96	63.96	60.41
Machinery	-	9.15	11.57	12.95	11.94	17.93