Appro Photoelectron 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	138.27	91.26	133.81	223.45	198.37	111.88
Short-Term Investments	30.46	49.19	78.84	58.8	198.05	140.5
Cash & Short-Term Investments	168.74	140.45	212.65	282.25	396.42	252.37
Cash Growth	-15.42%	-33.95%	-24.66%	-28.80%	57.08%	3.25%
Accounts Receivable	18.51	28.36	7.81	66.36	178.45	236.64
Other Receivables	1.27	2.33	0.45	0.56	-	-
Receivables	19.78	30.69	8.26	66.92	178.45	236.64
Inventory	24.42	31.09	45.94	85.07	194.54	103.99
Prepaid Expenses	0.74	1.87	1.54	1.24	2.17	2.45
Other Current Assets	0.44	0.72	1.03	0.13	0.2	0.33
Total Current Assets	214.12	204.82	269.42	435.61	771.78	595.78
Property, Plant & Equipment	5.16	8.17	2.33	5.99	11.14	16.07
Long-Term Investments	227.88	277.63	213.35	135.75	-	-
Other Intangible Assets	0.96	1.34	1.98	-	-	0.02
Long-Term Deferred Tax Assets	15.56	14.92	9.18	4.46	5.04	5.23
Other Long-Term Assets	3.32	2.45	2.61	2.6	2.87	2.86
Total Assets	467	509.33	498.88	584.41	790.82	619.96
Accounts Payable	6.31	7.81	6.23	14.35	96.62	117.56
Accrued Expenses	13.17	14.37	16.13	33.89	55.49	39.49
Short-Term Debt	-	10	-	0.2	-	-
Current Portion of Leases	3.37	3.84	1.86	3.7	3.66	3.59
Current Income Taxes Payable	-	-	-	7.62	35.38	23.07
Current Unearned Revenue	3.98	2.7	3.55	6.11	8.61	4.17
Other Current Liabilities	4.03	4.03	5.08	4.52	3.9	4.18
Total Current Liabilities	30.86	42.76	32.85	70.4	203.66	192.04
Long-Term Leases	1.35	3.75	-	1.86	5.56	9.05
Pension & Post-Retirement Benefits	10.68	11.08	13.84	14.62	18.16	18.05
Long-Term Deferred Tax Liabilities	0.23	5.22	1.23	1.27	-	-
Total Liabilities	43.11	62.81	47.92	88.15	227.37	219.15
Common Stock	258.75	258.75	258.75	258.75	207	174.93
Additional Paid-In Capital	84.13	84.13	84.13	84.13	84.13	66.55
Retained Earnings	81	103.65	108.09	153.38	272.32	159.33
Shareholders' Equity	423.88	446.53	450.97	496.26	563.45	400.81
Total Liabilities & Equity	467	509.33	498.88	584.41	790.82	619.96
Total Debt	4.72	17.6	1.86	5.76	9.22	12.64
Net Cash (Debt)	164.01	122.85	210.79	276.49	387.2	239.73
Net Cash Growth	-14.11%	-41.72%	-23.76%	-28.59%	61.51%	-0.13%
Net Cash Per Share	6.34	4.75	8.15	10.58	14.86	9.32
Filing Date Shares Outstanding	25.88	25.88	25.88	25.88	25.87	25.04
Total Common Shares Outstanding	25.88	25.88	25.88	25.88	25.87	25.04
Working Capital	183.27	162.06	236.58	365.21	568.12	403.74
Book Value Per Share	16.38	17.26	17.43	19.18	21.78	16.01
Tangible Book Value	422.92	445.18	448.99	496.26	563.45	400.79
Tangible Book Value Per Share	16.34	17.21	17.35	19.18	21.78	16.01
Machinery	1.34	1.23	2.06	1.74	11.13	10.65
Leasehold Improvements	-	-	-	-	1.63	1.63

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