Axcen Photonics 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	438.65	420.07	344.21	294.7	324.85
Short-Term Investments	-	-	52.98	109.7	59.85
Trading Asset Securities	-	-	-	-	16.45
Cash & Short-Term Investments	438.65	420.07	397.19	404.4	401.15
Cash Growth	4.42%	5.76%	-1.78%	0.81%	-0.44%
Accounts Receivable	64.11	58.49	52.33	54.06	56.8
Other Receivables	-	0.63	0.51	0.67	0.7
Receivables	64.11	59.11	52.85	54.73	57.5
Inventory	52.03	39.04	40.73	50.2	43.08
Prepaid Expenses	-	0.8	0.87	0.25	0.27
Other Current Assets	1.99	-	-	-	-
Total Current Assets	556.77	519.02	491.63	509.59	502
Property, Plant & Equipment	13.05	17.53	17.18	23.55	7.35
Other Intangible Assets	0.46	0.32	1.35	1.9	0.09
Long-Term Deferred Tax Assets	2.94	2.92	3.27	2.67	2.6
Other Long-Term Assets	1.51	1.73	1.76	1.83	2.03
Total Assets	574.73	541.52	515.19	539.53	514.06
Accounts Payable	34.96	21.45	23.53	25.95	28.78
Accrued Expenses	-	30.91	24.68	29.66	24.64
Current Portion of Leases	2.74	5.51	2.65	5.71	2.54
Current Income Taxes Payable	9.4	7.66	4.19	8.5	6.49
Other Current Liabilities	38.67	1.53	1.62	1.61	1.69
Total Current Liabilities	85.77	67.06	56.66	71.42	64.14
Long-Term Leases	2.62	1.85	0.88	2.09	0.55
Pension & Post-Retirement Benefits	0.45	0.07	-	-	0.22
Total Liabilities	88.84	68.98	57.54	73.51	64.91
Common Stock	337.5	337.5	337.5	337.5	337.5
Additional Paid-In Capital	46.86	49.29	51.82	53.84	57.93
Retained Earnings	101.53	85.76	68.33	74.68	53.73
Shareholders' Equity	485.89	472.54	457.65	466.02	449.15
Total Liabilities & Equity	574.73	541.52	515.19	539.53	514.06
Total Debt	5.36	7.36	3.53	7.79	3.09
Net Cash (Debt)	433.29	412.71	393.67	396.61	398.06
Net Cash Growth	4.98%	4.84%	-0.74%	-0.36%	1.03%
Net Cash Per Share	12.77	12.18	11.60	11.61	11.71
Filing Date Shares Outstanding	33.78	33.75	33.75	33.75	33.75
Total Common Shares Outstanding	33.78	33.75	33.75	33.75	33.75
Working Capital	471	451.96	434.97	438.16	437.86
Book Value Per Share	14.38	14.00	13.56	13.81	13.31
Tangible Book Value	485.43	472.23	456.3	464.12	449.06
Tangible Book Value Per Share	14.37	13.99	13.52	13.75	13.31
Machinery	-	124.32	123.76	122.93	109.4
Leasehold Improvements	-	0.24	0.24	0.24	0.24

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