Rafael Microelectronics 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	486.94	436.47	378.81	435.83	586.93	615.22
Short-Term Investments	504.7	504.7	179.7	17.77	14.7	14.7
Trading Asset Securities	36.5	36.88	207.12	339.45	337.27	328.37
Cash & Short-Term Investments	1,028	978.05	765.63	793.05	938.89	958.3
Cash Growth	24.64%	27.74%	-3.46%	-15.53%	-2.02%	-12.50%
Accounts Receivable	194.34	167.98	119.23	66.87	91.96	89.89
Other Receivables	6.93	9.4	24.51	23.74	24.56	46.31
Receivables	201.27	177.37	143.74	90.61	116.52	136.2
Inventory	231.22	236.16	388.51	401.84	477.58	278.68
Prepaid Expenses	16.08	27.36	6.44	4.96	-	-
Other Current Assets	1.67	1.61	1.77	2.57	8.62	15.62
Total Current Assets	1,478	1,421	1,306	1,293	1,542	1,389
Property, Plant & Equipment	286.82	287.77	293.8	218.72	228.88	235.94
Long-Term Investments	5.84	5.85	6.82	9.77	13.69	24.52
Other Intangible Assets	51.06	57.83	33.27	54.28	85.97	83.92
Long-Term Deferred Tax Assets	24.07	21.23	23.42	15.14	4.35	2.77
Other Long-Term Assets	2.07	2.06	2.56	2.72	2.81	3.8
Total Assets	1,848	1,795	1,666	1,594	1,877	1,740
Accounts Payable	100.94	80.95	72.22	73.68	102.17	79.29
Accrued Expenses	-	73.25	62.72	58.96	-	-
Current Portion of Leases	0.46	1.1	2.65	3.96	3.98	7.16
Current Income Taxes Payable	50.57	38.01	30.06	19.11	15.85	31.69
Current Unearned Revenue	12.28	10.97	18.3	8.13	146.49	8.62
Other Current Liabilities	152.86	42.85	11.59	23.52	112.44	118.15
Total Current Liabilities	317.1	247.14	197.54	187.34	380.93	244.92
Long-Term Leases	-	-	-	2.59	3.05	2.46
Long-Term Deferred Tax Liabilities	1.61	1.15	1.99	0.61	0.37	1.11
Other Long-Term Liabilities	-	-	-	-	2.62	-
Total Liabilities	318.71	248.29	199.53	190.55	386.97	248.49
Common Stock	308.18	308.29	310.12	307.32	307.79	307.83
Additional Paid-In Capital	386.93	386.98	423.7	393.16	410.43	408.44
Retained Earnings	862.58	882.7	804.61	742.82	823.41	853.97
Treasury Stock	-	-	-21.13	-21.13	-21.13	-42.76
Comprehensive Income & Other	-28.17	-30.96	-50.89	-19.04	-30.16	-36.23
Shareholders' Equity	1,530	1,547	1,466	1,403	1,490	1,491
Total Liabilities & Equity	1,848	1,795	1,666	1,594	1,877	1,740
Total Debt	0.46	1.1	2.65	6.55	7.03	9.62
Net Cash (Debt)	1,028	976.96	762.98	786.5	931.86	948.67
Net Cash Growth	24.83%	28.04%	-2.99%	-15.60%	-1.77%	-12.80%
Net Cash Per Share	32.76	31.68	24.77	25.78	30.47	31.34
Filing Date Shares Outstanding	41	30.83	30.84	30.56	30.61	30.44
Total Common Shares Outstanding	41	30.83	30.84	30.56	30.61	30.44
Working Capital	1,161	1,173	1,109	1,106	1,161	1,144
Book Value Per Share	37.30	50.18	47.54	45.91	48.69	48.98
Tangible Book Value	1,478	1,489	1,433	1,349	1,404	1,407
Tangible Book Value Per Share	36.06	48.30	46.46	44.13	45.88	46.23
Land	-	192.98	192.98	128.49	128.49	128.49
Buildings	-	104.28	104.28	84.97	84.97	84.97
Machinery	-	24.78	30.71	35.66	46.88	43.77