Axcen Photonics 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	408.14	420.07	344.21	294.7	324.85	220.48
Short-Term Investments	-	-	52.98	109.7	59.85	170.85
Trading Asset Securities	-	-	-	-	16.45	11.61
Cash & Short-Term Investments	408.14	420.07	397.19	404.4	401.15	402.94
Cash Growth	4.91%	5.76%	-1.78%	0.81%	-0.44%	1.23%
Accounts Receivable	68.64	58.49	52.33	54.06	56.8	49.4
Other Receivables	1.39	0.63	0.51	0.67	0.7	0.62
Receivables	70.02	59.11	52.85	54.73	57.5	50.02
Inventory	37.36	39.04	40.73	50.2	43.08	31.05
Prepaid Expenses	0.16	0.8	0.87	0.25	0.27	0.49
Total Current Assets	515.69	519.02	491.63	509.59	502	484.5
Property, Plant & Equipment	11.36	17.53	17.18	23.55	7.35	14.65
Other Intangible Assets	0.63	0.32	1.35	1.9	0.09	0.35
Long-Term Deferred Tax Assets	2.75	2.92	3.27	2.67	2.6	1.89
Other Long-Term Assets	1.73	1.73	1.76	1.83	2.03	1.52
Total Assets	532.15	541.52	515.19	539.53	514.06	502.9
Accounts Payable	26.03	21.45	23.53	25.95	28.78	23.01
Accrued Expenses	25.6	30.91	24.68	29.66	24.64	18.81
Current Portion of Leases	3.3	5.51	2.65	5.71	2.54	5.84
Current Income Taxes Payable	4.71	7.66	4.19	8.5	6.49	4.04
Other Current Liabilities	4.48	1.53	1.62	1.61	1.69	1.64
Total Current Liabilities	64.11	67.06	56.66	71.42	64.14	53.33
Long-Term Leases	0.36	1.85	0.88	2.09	0.55	3.09
Pension & Post-Retirement Benefits	0.2	0.07	-	-	0.22	0.3
Total Liabilities	64.67	68.98	57.54	73.51	64.91	56.71
Common Stock	337.5	337.5	337.5	337.5	337.5	337.5
Additional Paid-In Capital	46.86	49.29	51.82	53.84	57.93	68.52
Retained Earnings	83.13	85.76	68.33	74.68	53.73	40.17
Shareholders' Equity	467.48	472.54	457.65	466.02	449.15	446.19
Total Liabilities & Equity	532.15	541.52	515.19	539.53	514.06	502.9
Total Debt	3.65	7.36	3.53	7.79	3.09	8.92
Net Cash (Debt)	404.49	412.71	393.67	396.61	398.06	394.02
Net Cash Growth	6.38%	4.84%	-0.74%	-0.36%	1.03%	0.03%
Net Cash Per Share	11.93	12.18	11.60	11.61	11.71	11.61
Filing Date Shares Outstanding	33.75	33.75	33.75	33.75	33.75	33.75
Total Common Shares Outstanding	33.75	33.75	33.75	33.75	33.75	33.75
Working Capital	451.57	451.96	434.97	438.16	437.86	431.17
Book Value Per Share	13.85	14.00	13.56	13.81	13.31	13.22
Tangible Book Value	466.85	472.23	456.3	464.12	449.06	445.84
Tangible Book Value Per Share	13.83	13.99	13.52	13.75	13.31	13.21
Machinery	124.41	124.32	123.76	122.93	109.4	108.9
Leasehold Improvements	0.24	0.24	0.24	0.24	0.24	0.24

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