Sincere Security Corp. Ltd. (TPEX:6721)

Sincere Security Corp. Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	279.85	394.57	389.19	305.54	247.67	253.37
Cash & Short-Term Investments	279.85	394.57	389.19	305.54	247.67	253.37
Cash Growth	5.03%	1.38%	27.38%	23.36%	-2.25%	5.91%
Accounts Receivable	635.82	524.74	471.09	473.39	334.79	307.98
Receivables	635.82	524.74	471.09	473.39	334.79	307.98
Prepaid Expenses	11.36	11.31	9.29	8.1	7.41	5.9
Other Current Assets	24.9	21.57	115.9	66.25	62.94	73.64
Total Current Assets	951.93	952.18	985.47	853.28	652.81	640.89
Property, Plant & Equipment	142.98	138.92	133.8	127.35	128.74	64.24
Long-Term Accounts Receivable	15.3	-	1.83	6.8	12.68	14.84
Long-Term Deferred Tax Assets	-	0.54	0.39	0.19	1.45	2.28
Other Long-Term Assets	16.02	38.41	20.12	33.49	64.08	64.93
Total Assets	1,126	1,130	1,142	1,021	859.77	787.18
Accounts Payable	41.02	46.54	62.42	57.37	51.68	34.25
Accrued Expenses	340.97	380.28	335.58	294.97	253.15	239.18
Short-Term Debt	30	-	80	20	20	30
Current Portion of Long-Term Debt	2.7	2.7	2.7	22.5	3.5	18.31
Current Portion of Leases	3.24	2.6	1.47	2.75	4.53	4.28
Current Income Taxes Payable	9.66	15.73	11.81	2.83	12.31	23.16
Other Current Liabilities	14.84	15.47	21.59	12.35	13.15	9.57
Total Current Liabilities	442.43	463.31	515.58	412.77	358.3	358.75
Long-Term Debt	39.15	41.18	43.88	46.58	69.08	20.6
Long-Term Leases	1.84	3.29	0.22	0.82	0.95	5.26
Other Long-Term Liabilities	0.02	-	-	-	-	-
Total Liabilities	483.45	507.78	559.68	460.17	428.32	384.6
Common Stock	225	225	225	225	200	200
Additional Paid-In Capital	178.63	178.63	178.63	178.63	60.89	60.89
Retained Earnings	239.15	218.64	178.3	157.32	170.56	141.69
Shareholders' Equity	642.77	622.27	581.92	560.94	431.45	402.57
Total Liabilities & Equity	1,126	1,130	1,142	1,021	859.77	787.18
Total Debt	76.93	49.76	128.27	92.65	98.05	78.44
Net Cash (Debt)	202.92	344.8	260.92	212.9	149.62	174.92
Net Cash Growth	21.54%	32.15%	22.56%	42.29%	-14.46%	9.81%
Net Cash Per Share	9.01	15.31	11.59	9.80	7.48	8.75
Filing Date Shares Outstanding	22.5	22.5	22.5	22.5	20	20
Total Common Shares Outstanding	22.5	22.5	22.5	22.5	20	20
Working Capital	509.49	488.87	469.89	440.51	294.51	282.14
Book Value Per Share	28.57	27.66	25.86	24.93	21.57	20.13
Tangible Book Value	642.77	622.27	581.92	560.94	431.45	402.57
Tangible Book Value Per Share	28.57	27.66	25.86	24.93	21.57	20.13
Land	48.53	45.08	45.08	45.08	45.08	24.41
Buildings	51.48	50.66	50.66	50.66	50.66	-
Machinery	91.71	80.36	68.52	56.12	50.78	55.53

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.