VSO Electronics 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	567.38	348.7	320.79	523.02	536.36	292.01
Short-Term Investments	635.47	378.44	338.21	85.89	15.35	13.34
Trading Asset Securities	5.15	5.13	5.06	23.85	22.09	97.54
Cash & Short-Term Investments	1,208	732.28	664.06	632.75	573.8	402.89
Cash Growth	82.36%	10.27%	4.95%	10.27%	42.42%	26.84%
Accounts Receivable	925.94	936.33	812.03	550.49	654.95	540.52
Other Receivables	6.68	11.43	13.51	6.91	84.15	16.04
Receivables	932.61	947.75	825.55	557.4	739.1	556.56
Inventory	400.13	292.16	242.63	157.41	201.56	199.17
Prepaid Expenses	-	10.22	7.91	4.47	1.78	1.38
Other Current Assets	47.24	0.01	0.04	0.41	0.92	0.03
Total Current Assets	2,588	1,982	1,740	1,352	1,517	1,160
Property, Plant & Equipment	834.1	822.91	537.49	400.25	374.81	330.97
Long-Term Investments	62.23	50.02	48.5	46.48	48.34	-
Other Intangible Assets	24.56	25.96	23.3	20.11	13.49	1.99
Long-Term Deferred Tax Assets	14.48	11.76	9.05	9.59	7.82	2.37
Other Long-Term Assets	11.24	13.6	42.08	48.74	24.26	19.65
Total Assets	3,535	2,907	2,401	1,878	1,986	1,515
Accounts Payable	470.55	419.74	373.98	266.17	287.71	322.12
Accrued Expenses	-	230.3	215.14	192.78	220.74	194.1
Short-Term Debt	193.51	228.78	34.75	183.31	74.95	76.31
Current Portion of Long-Term Debt	-	-	-	-	7.22	10.03
Current Portion of Leases	9.96	10.98	7.62	8.54	9.58	10.52
Current Income Taxes Payable	57.27	34.77	14.15	38.96	76.2	31.32
Current Unearned Revenue	0.65	1.45	1.33	0.37	0.73	1.63
Other Current Liabilities	433.42	118.92	78.21	49.25	51.54	54.38
Total Current Liabilities	1,165	1,045	725.18	739.38	728.65	700.41
Long-Term Debt	151.81	124.29	9.85	-	35.48	45.6
Long-Term Leases	6.14	7.39	8.87	14.11	16.58	7.65
Pension & Post-Retirement Benefits	-	-	-	-	9.09	0.74
Long-Term Deferred Tax Liabilities	78.71	78.25	74.32	54.15	73.33	55.06
Other Long-Term Liabilities	402.57	0.96	0.11	-	-	-
Total Liabilities	1,805	1,256	818.33	807.65	863.13	809.46
Common Stock	438.49	438.49	417.17	375.3	339.97	280
Additional Paid-In Capital	662.33	569.55	565.51	227.84	225	159.66
Retained Earnings	586.19	626.47	541.21	431.69	504.08	219.44
Treasury Stock	-28.97	-28.97	-	-	-	-
Comprehensive Income & Other	-30.7	-51.71	-34.45	-52.48	-40.67	-50.83
Total Common Equity	1,627	1,554	1,489	982.36	1,028	608.27
Minority Interest	102.67	97	92.83	87.59	94.35	97.25
Shareholders' Equity	1,730	1,651	1,582	1,070	1,123	705.52
Total Liabilities & Equity	3,535	2,907	2,401	1,878	1,986	1,515
Total Debt	361.41	371.44	61.09	205.96	143.8	150.11
Net Cash (Debt)	846.59	360.84	602.97	426.79	429.99	252.78
Net Cash Growth	82.97%	-40.16%	41.28%	-0.75%	70.11%	33.92%
Net Cash Per Share	19.12	8.24	14.67	10.70	10.99	7.06
Filing Date Shares Outstanding	43.46	43.58	43.81	39.42	39.28	35.58
Total Common Shares Outstanding	43.46	43.58	43.81	39.42	39.28	35.58
Working Capital	1,423	937.48	1,015	613.05	788.49	459.61
Book Value Per Share	37.45	35.65	34.00	24.92	26.18	17.09
Tangible Book Value	1,603	1,528	1,466	962.25	1,015	606.28
Tangible Book Value Per Share	36.88	35.06	33.46	24.41	25.84	17.04
Land	-	97.58	65.71	65.71	65.71	41.59
Buildings	-	184.67	171.39	165.47	181.66	181.38
Machinery	-	544.04	405.94	332.92	257.91	254.51
Construction In Progress	-	160.74	2.71	2.54	0.27	-
Leasehold Improvements	-	-	-	-	-	34.27