Mortech Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	166.93	181.72	258.63	197.85	201.57	246.12
Short-Term Investments	50	50	-	92.13	83.04	85.44
Cash & Short-Term Investments	216.93	231.72	258.63	289.98	284.61	331.56
Cash Growth	-7.88%	-10.41%	-10.81%	1.88%	-14.16%	-2.14%
Accounts Receivable	24.68	19.13	12.07	33.01	41.22	12.14
Other Receivables	0.42	0.98	0.64	0.63	0.41	0.7
Receivables	25.1	20.11	12.71	33.64	41.64	12.84
Inventory	42.32	46.15	40.14	45.79	34.31	38.78
Prepaid Expenses	1.41	1.09	2.01	2.23	4.1	4.1
Other Current Assets	0.02	0.02	0.02	0.02	-	1.14
Total Current Assets	285.77	299.08	313.5	371.65	364.66	388.43
Property, Plant & Equipment	36.84	41.2	59.55	70.45	86.69	88.31
Other Intangible Assets	2.82	3.14	3.88	4.6	5.32	5.04
Other Long-Term Assets	2.26	2.82	2.36	7.51	3.31	3.3
Total Assets	327.69	346.24	379.29	454.21	459.97	485.08
Accounts Payable	4.59	4.66	3.24	10.2	9.62	7.38
Accrued Expenses	5.15	5.52	5.43	6.7	6.01	6.66
Current Portion of Leases	5.73	6.01	5.87	5.74	5.61	4.56
Other Current Liabilities	8.34	6.44	5.5	7.25	10.08	8.99
Total Current Liabilities	23.81	22.62	20.04	29.88	31.32	27.59
Long-Term Leases	5.23	7.94	13.94	19.82	25.67	25.6
Other Long-Term Liabilities	1.99	1.99	1.99	1.99	1.99	1.99
Total Liabilities	31.03	32.55	35.98	51.69	58.98	55.18
Common Stock	400	400	400	400	400	400
Additional Paid-In Capital	0.99	0.99	0.99	0.99	29.9	47.8
Retained Earnings	-104.33	-87.3	-57.67	1.53	-28.91	-17.9
Shareholders' Equity	296.66	313.69	343.32	402.52	400.99	429.9
Total Liabilities & Equity	327.69	346.24	379.29	454.21	459.97	485.08
Total Debt	10.96	13.94	19.82	25.56	31.28	30.16
Net Cash (Debt)	205.98	217.77	238.81	264.42	253.34	301.39
Net Cash Growth	-5.77%	-8.81%	-9.68%	4.38%	-15.95%	-0.59%
Net Cash Per Share	5.15	5.44	5.97	6.61	6.33	7.53
Filing Date Shares Outstanding	40	40	40	40	40	40
Total Common Shares Outstanding	40	40	40	40	40	40
Working Capital	261.96	276.46	293.46	341.77	333.34	360.84
Book Value Per Share	7.42	7.84	8.58	10.06	10.02	10.75
Tangible Book Value	293.84	310.55	339.43	397.92	395.67	424.86
Tangible Book Value Per Share	7.35	7.76	8.49	9.95	9.89	10.62
Machinery	100.84	98.08	95.96	91.46	90.88	82.42
Leasehold Improvements	47.87	47.41	46.9	46.06	46.06	46.23

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