Taiwan Thick-Film Ind. 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	449.3	459.78	334.77	329.06	337.94	187.7
Short-Term Investments	-	-	64.76	61.28	-	-
Trading Asset Securities	3.4	3.4	5.53	6.19	4.01	4.5
Cash & Short-Term Investments	452.7	463.18	405.05	396.53	341.95	192.19
Cash Growth	1.66%	14.35%	2.15%	15.96%	77.92%	8.15%
Accounts Receivable	379	527.98	564.22	515.07	571.99	618.33
Other Receivables	1.26	21.24	3.35	31.49	31.88	31.04
Receivables	380.25	549.22	567.57	546.56	603.86	649.37
Inventory	159.18	152.98	166.47	158.22	272.66	285.14
Other Current Assets	48.1	28.9	32.7	23.91	32.25	30.37
Total Current Assets	1,040	1,194	1,172	1,125	1,251	1,157
Property, Plant & Equipment	95.63	98.14	100.26	112.78	129.14	108.33
Long-Term Investments	-	-	-	-	0.97	1.01
Other Intangible Assets	2.37	2.02	1	0.8	0.94	0.59
Other Long-Term Assets	25.07	21.71	25.43	10.8	8.49	12.51
Total Assets	1,163	1,316	1,298	1,250	1,390	1,280
Accounts Payable	347.76	480.28	484.04	449.94	456.87	471.15
Accrued Expenses	0.9	0.89	0.88	0.87	0.88	0.87
Short-Term Debt	228.15	222.36	226.51	205.41	284.32	211.69
Current Portion of Long-Term Debt	105.08	106.77	110.21	101.73	104.16	103.88
Current Portion of Leases	3.41	3.58	3.56	4.17	3.13	1.99
Other Current Liabilities	57.1	68.81	68.63	54.99	78.41	65.3
Total Current Liabilities	742.39	882.68	893.82	817.11	927.76	854.88
Long-Term Debt	1.37	2.4	10.86	6.25	9.67	15.51
Long-Term Leases	1.74	2.57	5.18	9.28	10.41	-
Other Long-Term Liabilities	0.19	0.19	0.19	0.18	0.18	0.18
Total Liabilities	745.7	887.83	910.05	832.82	948.02	870.56
Common Stock	378.51	378.51	378.51	378.51	371.09	371.09
Additional Paid-In Capital	21.43	21.43	21.43	21.43	21.43	21.43
Retained Earnings	17.72	43.52	0.24	50.26	75.85	54.55
Comprehensive Income & Other	-0.06	-15.17	-11.76	-33.42	-26.14	-38.13
Shareholders' Equity	417.6	428.3	388.42	416.78	442.23	408.94
Total Liabilities & Equity	1,163	1,316	1,298	1,250	1,390	1,280
Total Debt	339.75	337.68	356.31	326.84	411.68	333.06
Net Cash (Debt)	112.95	125.5	48.74	69.7	-69.73	-140.87
Net Cash Growth	22.26%	157.49%	-30.07%	-	-	-
Net Cash Per Share	2.98	3.32	1.29	1.84	-1.84	-3.91
Filing Date Shares Outstanding	37.85	37.85	37.85	37.85	37.85	37.85
Total Common Shares Outstanding	37.85	37.85	37.85	37.85	37.85	37.85
Working Capital	297.84	311.58	277.97	308.11	322.95	302.19
Book Value Per Share	11.03	11.32	10.26	11.01	11.68	10.80
Tangible Book Value	415.24	426.28	387.43	415.98	441.29	408.36
Tangible Book Value Per Share	10.97	11.26	10.24	10.99	11.66	10.79
Buildings	157.54	152.94	144.91	144.53	152.78	185.66
Machinery	281.51	280	276.27	317.41	321.16	302.79