Rafael Microelectronics 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	321.65	378.81	435.83	586.93	615.22	966.39
Short-Term Investments	504.7	179.7	17.77	14.7	14.7	14.7
Trading Asset Securities	36.91	207.12	339.45	337.27	328.37	114.05
Cash & Short-Term Investments	863.26	765.63	793.05	938.89	958.3	1,095
Cash Growth	26.03%	-3.46%	-15.53%	-2.02%	-12.50%	-3.56%
Accounts Receivable	154.1	119.23	66.87	91.96	89.89	118.48
Other Receivables	16.19	24.51	23.74	24.56	46.31	15.05
Receivables	170.29	143.74	90.61	116.52	136.2	133.52
Inventory	255.06	388.51	401.84	477.58	278.68	137.02
Prepaid Expenses	32.41	6.44	4.96	-	-	-
Other Current Assets	1.78	1.77	2.57	8.62	15.62	10.27
Total Current Assets	1,323	1,306	1,293	1,542	1,389	1,376
Property, Plant & Equipment	289.4	293.8	218.72	228.88	235.94	232.67
Long-Term Investments	6.98	6.82	9.77	13.69	24.52	32.29
Other Intangible Assets	44.37	33.27	54.28	85.97	83.92	48.56
Long-Term Deferred Tax Assets	21.63	23.42	15.14	4.35	2.77	2.73
Other Long-Term Assets	2.05	2.56	2.72	2.81	3.8	3.32
Total Assets	1,687	1,666	1,594	1,877	1,740	1,696
Accounts Payable	53.49	72.22	73.68	102.17	79.29	71.79
Accrued Expenses	60.51	62.72	58.96	-	-	-
Current Portion of Leases	1.67	2.65	3.96	3.98	7.16	3.07
Current Income Taxes Payable	31.92	30.06	19.11	15.85	31.69	43.06
Current Unearned Revenue	21.4	18.3	8.13	146.49	8.62	5.93
Other Current Liabilities	27.41	11.59	23.52	112.44	118.15	133.79
Total Current Liabilities	196.4	197.54	187.34	380.93	244.92	257.65
Long-Term Leases	-	-	2.59	3.05	2.46	4.15
Long-Term Deferred Tax Liabilities	0.92	1.99	0.61	0.37	1.11	0.61
Other Long-Term Liabilities	-	-	-	2.62	-	0.09
Total Liabilities	197.32	199.53	190.55	386.97	248.49	262.5
Common Stock	308.29	310.12	307.32	307.79	307.83	257.14
Additional Paid-In Capital	385.04	423.7	393.16	410.43	408.44	404.31
Retained Earnings	833.18	804.61	742.82	823.41	853.97	865.13
Treasury Stock	-	-21.13	-21.13	-21.13	-42.76	-42.76
Comprehensive Income & Other	-36.61	-50.89	-19.04	-30.16	-36.23	-50.81
Shareholders' Equity	1,490	1,466	1,403	1,490	1,491	1,433
Total Liabilities & Equity	1,687	1,666	1,594	1,877	1,740	1,696
Total Debt	1.67	2.65	6.55	7.03	9.62	7.23
Net Cash (Debt)	861.59	762.98	786.5	931.86	948.67	1,088
Net Cash Growth	26.46%	-2.99%	-15.60%	-1.77%	-12.80%	-3.35%
Net Cash Per Share	27.77	24.77	25.78	30.47	31.34	36.40
Filing Date Shares Outstanding	30.83	30.84	30.56	30.61	30.44	30.51
Total Common Shares Outstanding	30.83	30.84	30.56	30.61	30.44	30.51
Working Capital	1,126	1,109	1,106	1,161	1,144	1,118
Book Value Per Share	48.33	47.54	45.91	48.69	48.98	46.97
Tangible Book Value	1,446	1,433	1,349	1,404	1,407	1,384
Tangible Book Value Per Share	46.89	46.46	44.13	45.88	46.23	45.38
Land	192.98	192.98	128.49	128.49	128.49	128.49
Buildings	104.28	104.28	84.97	84.97	84.97	84.97
Machinery	24.54	30.71	35.66	46.88	43.77	37.06

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