Norbel Baby 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	516.36	528.17	767.07	774.65	764.56	681.48
Short-Term Investments	1,185	1,152	1,132	919.09	319.09	215.09
Cash & Short-Term Investments	1,701	1,680	1,899	1,694	1,084	896.57
Cash Growth	-6.76%	-11.53%	12.10%	56.30%	20.87%	-7.23%
Accounts Receivable	22.96	28.76	21.19	30.3	24.7	14.11
Other Receivables	42.63	52.41	45.76	32.81	19.89	39.2
Receivables	65.59	81.17	66.95	63.11	44.59	53.31
Inventory	839.28	834.2	846.65	759	930.51	919.67
Prepaid Expenses	-	-	-	2.16	1.67	2.91
Other Current Assets	3.08	32.72	35.23	31.81	37.58	30.21
Total Current Assets	2,609	2,628	2,847	2,550	2,098	1,903
Property, Plant & Equipment	2,051	2,095	1,971	1,909	1,882	1,779
Long-Term Investments	152.45	119.23	19.68	-	-	-
Other Intangible Assets	1.99	2.33	3.61	3.52	5.74	8.43
Long-Term Accounts Receivable	-	22.36	26.54	-	-	-
Long-Term Deferred Tax Assets	4.09	4.09	4.18	9.8	15.33	16.54
Other Long-Term Assets	71.23	50.02	49.55	45.49	44.74	43
Total Assets	4,890	4,921	4,922	4,518	4,046	3,749
Accounts Payable	314.55	344.67	372.43	325.49	445.82	446.64
Accrued Expenses	-	120.78	109.78	113.57	124.11	110.79
Current Portion of Leases	203.3	212.61	223.79	189.01	184.57	170.15
Current Income Taxes Payable	11.64	6.03	-	45.68	57.67	36.06
Current Unearned Revenue	27.69	26.35	19.77	17.53	7.85	7.13
Other Current Liabilities	262.72	18.19	27.83	25.47	29.17	23.68
Total Current Liabilities	819.9	728.63	753.6	716.74	849.18	794.45
Long-Term Leases	957.05	989.9	859.88	806.62	779.92	688.52
Pension & Post-Retirement Benefits	-	-	-	28.9	57.96	63.22
Long-Term Deferred Tax Liabilities	-	-	0.03	-	-	-
Other Long-Term Liabilities	8.76	8.65	7.41	5.25	5.37	5.8
Total Liabilities	1,786	1,727	1,621	1,558	1,692	1,552
Common Stock	374.28	374.28	374.28	350.42	300.42	300.42
Additional Paid-In Capital	1,326	1,401	1,495	1,049	348.78	348.78
Retained Earnings	1,402	1,418	1,433	1,561	1,704	1,548
Comprehensive Income & Other	1.81	-	-	-	-	-
Shareholders' Equity	3,104	3,193	3,302	2,960	2,354	2,197
Total Liabilities & Equity	4,890	4,921	4,922	4,518	4,046	3,749
Total Debt	1,160	1,203	1,084	995.62	964.48	858.67
Net Cash (Debt)	540.67	477.25	814.98	698.12	119.17	37.9
Net Cash Growth	-24.31%	-41.44%	16.74%	485.81%	214.43%	-71.66%
Net Cash Per Share	13.58	12.74	21.93	20.83	3.96	1.26
Filing Date Shares Outstanding	58.78	37.43	37.43	35.04	30.04	30.04
Total Common Shares Outstanding	58.78	37.43	37.43	35.04	30.04	30.04
Working Capital	1,789	1,899	2,094	1,833	1,249	1,108
Book Value Per Share	52.81	85.32	88.21	84.47	78.35	73.14
Tangible Book Value	3,102	3,191	3,298	2,957	2,348	2,189
Tangible Book Value Per Share	52.77	85.26	88.11	84.37	78.15	72.86
Land	-	835.93	835.93	835.93	835.93	835.93
Buildings	-	31.2	31.2	31.2	31.2	31.2
Machinery	-	70.86	65.59	58.36	52.84	51.54
Leasehold Improvements	-	392.44	391.79	377	383.04	382.03

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