Axcen Photonics 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	453.6	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	453.6	438.65	420.07	397.19	404.4	401.15
Cash Growth	4.30%	4.42%	5.76%	-1.78%	0.81%	-0.44%
Accounts Receivable	66.02	64.11	58.49	52.33	54.06	56.8
Other Receivables	-	1.21	0.63	0.51	0.67	0.7
Receivables	66.02	65.32	59.11	52.85	54.73	57.5
Inventory	55.19	52.03	39.04	40.73	50.2	43.08
Prepaid Expenses	-	0.78	0.8	0.87	0.25	0.27
Total Current Assets	577.2	556.77	519.02	491.63	509.59	502
Property, Plant & Equipment	10.63	13.05	17.53	17.18	23.55	7.35
Other Intangible Assets	0.4	0.46	0.32	1.35	1.9	0.09
Long-Term Deferred Tax Assets	2.78	2.94	2.92	3.27	2.67	2.6
Other Long-Term Assets	1.51	1.51	1.73	1.76	1.83	2.03
Total Assets	592.51	574.73	541.52	515.19	539.53	514.06
Accounts Payable	28.99	34.96	21.45	23.53	25.95	28.78
Accrued Expenses	-	33.5	29.5	24.68	29.66	24.64
Current Portion of Leases	1.65	2.74	5.51	2.65	5.71	2.54
Current Income Taxes Payable	14.65	9.4	7.66	4.19	8.5	6.49
Other Current Liabilities	36.74	5.17	2.95	1.62	1.61	1.69
Total Current Liabilities	82.02	85.77	67.06	56.66	71.42	64.14
Long-Term Leases	2.3	2.62	1.85	0.88	2.09	0.55
Pension & Post-Retirement Benefits	0.52	0.45	0.07	-	-	0.22
Total Liabilities	84.83	88.84	68.98	57.54	73.51	64.91
Common Stock	337.5	337.5	337.5	337.5	337.5	337.5
Additional Paid-In Capital	46.86	46.86	49.29	51.82	53.84	57.93
Retained Earnings	123.33	101.53	85.76	68.33	74.68	53.73
Shareholders' Equity	507.68	485.89	472.54	457.65	466.02	449.15
Total Liabilities & Equity	592.51	574.73	541.52	515.19	539.53	514.06
Total Debt	3.94	5.36	7.36	3.53	7.79	3.09
Net Cash (Debt)	449.66	433.29	412.71	393.67	396.61	398.06
Net Cash Growth	4.83%	4.98%	4.84%	-0.74%	-0.36%	1.03%
Net Cash Per Share	13.32	12.77	12.18	11.60	11.61	11.71
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	495.19	471	451.96	434.97	438.16	437.86
Book Value Per Share	15.04	14.40	14.00	13.56	13.81	13.31
Tangible Book Value	507.28	485.43	472.23	456.3	464.12	449.06
Tangible Book Value Per Share	15.03	14.38	13.99	13.52	13.75	13.31
Machinery	-	125.32	124.32	123.76	122.93	109.4
Leasehold Improvements	-	0.24	0.24	0.24	0.24	0.24

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