Spec Products 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	633.35	496.87	413.78	306.84	185.61	257.49
Short-Term Investments	2.02	-	15	3.07	-	17.11
Trading Asset Securities	98.02	74.19	77.23	83.73	86.37	45.57
Cash & Short-Term Investments	733.39	571.06	506.01	393.64	271.98	320.17
Cash Growth	51.29%	12.85%	28.55%	44.73%	-15.05%	-
Accounts Receivable	365.41	386.61	337.91	477.84	482.9	332.99
Other Receivables	20.85	20.32	14.29	17.24	20.55	16.74
Receivables	386.26	406.93	352.2	495.08	503.45	349.74
Inventory	142.58	185.82	153.39	200.75	247.88	140.8
Other Current Assets	27.07	29.78	289.75	594.06	78.17	44.24
Total Current Assets	1,289	1,194	1,301	1,684	1,101	854.95
Property, Plant & Equipment	438.83	437.37	369.74	319.6	296.93	295.02
Other Intangible Assets	3.93	4.56	2.82	3.38	4.05	3.77
Long-Term Deferred Tax Assets	18.92	15.61	12.32	12.07	6.48	10.06
Other Long-Term Assets	314.44	297.87	302.99	291.99	271.02	270.39
Total Assets	2,065	1,949	1,989	2,311	1,680	1,434
Accounts Payable	103.61	118.59	95.05	124.55	177.34	145.53
Short-Term Debt	60	60	146.42	642.88	191	147
Current Portion of Long-Term Debt	91.85	100.11	213.35	227.95	14.74	59.27
Current Portion of Leases	7.87	8.04	7.82	9.92	6.41	3.46
Current Income Taxes Payable	17.68	34.24	57.14	74.97	23.47	14.8
Current Unearned Revenue	5.08	5.79	5.7	10.09	14.54	8.39
Other Current Liabilities	228.71	114.31	105.36	129.44	91.5	66.09
Total Current Liabilities	514.8	441.08	630.83	1,220	519	444.52
Long-Term Debt	91.26	173.94	155.69	105.51	402.16	311.06
Long-Term Leases	9.88	10.76	10.44	46.1	11.52	3.24
Long-Term Deferred Tax Liabilities	3.22	6.31	2.15	2.04	0.66	0.16
Total Liabilities	619.16	632.08	799.11	1,373	933.34	758.98
Common Stock	463.57	408.97	408.97	363.97	363.97	181.98
Additional Paid-In Capital	419.15	208.42	208.42	88.78	88.78	270.76
Retained Earnings	565.51	698.53	572.8	472.93	272.18	200.1
Comprehensive Income & Other	-1.98	1	-0.09	0.44	0.06	0.2
Total Common Equity	1,446	1,317	1,190	926.11	724.99	653.03
Minority Interest	-	-	-	11.01	21.64	22.18
Shareholders' Equity	1,446	1,317	1,190	937.11	746.62	675.21
Total Liabilities & Equity	2,065	1,949	1,989	2,311	1,680	1,434
Total Debt	260.86	352.84	533.72	1,032	625.84	524.03
Net Cash (Debt)	472.53	218.21	-27.71	-638.72	-353.86	-203.85
Net Cash Per Share	11.08	5.32	-0.75	-17.32	-9.66	-5.58
Filing Date Shares Outstanding	45.76	40.9	40.9	36.4	36.4	36.4
Total Common Shares Outstanding	45.76	40.9	40.9	36.4	36.4	36.4
Working Capital	774.49	752.51	670.51	463.72	582.48	410.43
Book Value Per Share	31.60	32.20	29.10	25.44	19.92	17.94
Tangible Book Value	1,442	1,312	1,187	922.72	720.93	649.26
Tangible Book Value Per Share	31.52	32.09	29.03	25.35	19.81	17.84
Land	-	164.75	164.75	164.75	174.62	174.62
Buildings	-	57.09	54.61	56.89	57.5	56.96
Machinery	-	114.68	89.82	124.68	143.37	138.71
Construction In Progress	-	156.02	108.01	4	2.62	2.64

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