Rafael Microelectronics 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	436.47	378.81	435.83	586.93	615.22
Short-Term Investments	504.7	179.7	17.77	14.7	14.7
Trading Asset Securities	36.88	207.12	339.45	337.27	328.37
Cash & Short-Term Investments	978.05	765.63	793.05	938.89	958.3
Cash Growth	27.74%	-3.46%	-15.53%	-2.02%	-12.50%
Accounts Receivable	167.98	119.23	66.87	91.96	89.89
Other Receivables	9.4	24.51	23.74	24.56	46.31
Receivables	177.37	143.74	90.61	116.52	136.2
Inventory	236.16	388.51	401.84	477.58	278.68
Prepaid Expenses	27.36	6.44	4.96	-	-
Other Current Assets	1.61	1.77	2.57	8.62	15.62
Total Current Assets	1,421	1,306	1,293	1,542	1,389
Property, Plant & Equipment	287.77	293.8	218.72	228.88	235.94
Long-Term Investments	5.85	6.82	9.77	13.69	24.52
Other Intangible Assets	57.83	33.27	54.28	85.97	83.92
Long-Term Deferred Tax Assets	21.23	23.42	15.14	4.35	2.77
Other Long-Term Assets	2.06	2.56	2.72	2.81	3.8
Total Assets	1,795	1,666	1,594	1,877	1,740
Accounts Payable	80.95	72.22	73.68	102.17	79.29
Accrued Expenses	-	62.72	58.96	-	-
Current Portion of Leases	1.1	2.65	3.96	3.98	7.16
Current Income Taxes Payable	38.01	30.06	19.11	15.85	31.69
Current Unearned Revenue	10.97	18.3	8.13	146.49	8.62
Other Current Liabilities	116.11	11.59	23.52	112.44	118.15
Total Current Liabilities	247.14	197.54	187.34	380.93	244.92
Long-Term Leases	-	-	2.59	3.05	2.46
Long-Term Deferred Tax Liabilities	1.15	1.99	0.61	0.37	1.11
Other Long-Term Liabilities	-	-	-	2.62	-
Total Liabilities	248.29	199.53	190.55	386.97	248.49
Common Stock	308.29	310.12	307.32	307.79	307.83
Additional Paid-In Capital	386.98	423.7	393.16	410.43	408.44
Retained Earnings	882.7	804.61	742.82	823.41	853.97
Treasury Stock	-	-21.13	-21.13	-21.13	-42.76
Comprehensive Income & Other	-30.96	-50.89	-19.04	-30.16	-36.23
Shareholders' Equity	1,547	1,466	1,403	1,490	1,491
Total Liabilities & Equity	1,795	1,666	1,594	1,877	1,740
Total Debt	1.1	2.65	6.55	7.03	9.62
Net Cash (Debt)	976.96	762.98	786.5	931.86	948.67
Net Cash Growth	28.04%	-2.99%	-15.60%	-1.77%	-12.80%
Net Cash Per Share	31.71	24.77	25.78	30.47	31.34
Filing Date Shares Outstanding	30.4	30.84	30.56	30.61	30.44
Total Common Shares Outstanding	30.4	30.84	30.56	30.61	30.44
Working Capital	1,173	1,109	1,106	1,161	1,144
Book Value Per Share	50.90	47.54	45.91	48.69	48.98
Tangible Book Value	1,489	1,433	1,349	1,404	1,407
Tangible Book Value Per Share	48.99	46.46	44.13	45.88	46.23
Land	-	192.98	128.49	128.49	128.49
Buildings	-	104.28	84.97	84.97	84.97
Machinery	-	30.71	35.66	46.88	43.77

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