Appro Photoelectron 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	211.32	208.89	91.26	133.81	223.45	198.37
Short-Term Investments	110.2	110	49.19	78.84	58.8	198.05
Cash & Short-Term Investments	321.53	318.88	140.45	212.65	282.25	396.42
Cash Growth	141.35%	127.05%	-33.95%	-24.66%	-28.80%	57.08%
Accounts Receivable	55.94	57.85	28.36	7.81	66.36	178.45
Other Receivables	1.9	3.09	2.33	0.45	0.56	-
Receivables	57.83	60.94	30.69	8.26	66.92	178.45
Inventory	35.25	43.16	31.09	45.94	85.07	194.54
Prepaid Expenses	0.75	1.12	1.87	1.54	1.24	2.17
Other Current Assets	1.96	1.32	0.72	1.03	0.13	0.2
Total Current Assets	417.32	425.42	204.82	269.42	435.61	771.78
Property, Plant & Equipment	3.5	4.55	8.17	2.33	5.99	11.14
Long-Term Investments	272.3	265.97	277.63	213.35	135.75	-
Other Intangible Assets	0.57	0.77	1.34	1.98	-	-
Long-Term Deferred Tax Assets	10.94	13.21	14.92	9.18	4.46	5.04
Other Long-Term Assets	2.07	3.32	2.45	2.61	2.6	2.87
Total Assets	706.7	713.22	509.33	498.88	584.41	790.82
Accounts Payable	20.71	32.78	7.81	6.23	14.35	96.62
Accrued Expenses	2.43	14.75	14.37	16.13	33.89	55.49
Short-Term Debt	-	-	10	-	0.2	-
Current Portion of Leases	2.32	2.85	3.84	1.86	3.7	3.66
Current Income Taxes Payable	-	-	-	-	7.62	35.38
Current Unearned Revenue	-	2.96	2.7	3.55	6.11	8.61
Other Current Liabilities	15.06	5.9	4.03	5.08	4.52	3.9
Total Current Liabilities	40.52	59.23	42.76	32.85	70.4	203.66
Long-Term Leases	0.45	0.9	3.75	-	1.86	5.56
Pension & Post-Retirement Benefits	9.13	9.29	11.08	13.84	14.62	18.16
Long-Term Deferred Tax Liabilities	3.11	2.35	5.22	1.23	1.27	-
Total Liabilities	53.22	71.77	62.81	47.92	88.15	227.37
Common Stock	324.75	324.75	258.75	258.75	258.75	207
Additional Paid-In Capital	216.13	216.13	84.13	84.13	84.13	84.13
Retained Earnings	112.6	100.57	103.65	108.09	153.38	272.32
Shareholders' Equity	653.48	641.45	446.53	450.97	496.26	563.45
Total Liabilities & Equity	706.7	713.22	509.33	498.88	584.41	790.82
Total Debt	2.78	3.75	17.6	1.86	5.76	9.22
Net Cash (Debt)	318.75	315.13	122.85	210.79	276.49	387.2
Net Cash Growth	151.83%	156.51%	-41.72%	-23.76%	-28.59%	61.51%
Net Cash Per Share	11.10	11.65	4.75	8.15	10.58	14.86
Filing Date Shares Outstanding	32.52	32.48	25.88	25.88	25.88	25.87
Total Common Shares Outstanding	32.52	32.48	25.88	25.88	25.88	25.87
Working Capital	376.79	366.19	162.06	236.58	365.21	568.12
Book Value Per Share	20.10	19.75	17.26	17.43	19.18	21.78
Tangible Book Value	652.91	640.68	445.18	448.99	496.26	563.45
Tangible Book Value Per Share	20.08	19.73	17.21	17.35	19.18	21.78
Machinery	-	1.27	1.23	2.06	1.74	11.13
Leasehold Improvements	-	-	-	-	-	1.63