Spec Products Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	488.27	496.87	413.78	306.84	185.61
Short-Term Investments	56.48	-	15	3.07	-
Trading Asset Securities	135.17	74.19	77.23	83.73	86.37
Cash & Short-Term Investments	679.93	571.06	506.01	393.64	271.98
Cash Growth	19.06%	12.85%	28.55%	44.73%	-15.05%
Accounts Receivable	441.73	386.61	337.91	477.84	482.9
Other Receivables	24.95	20.32	14.29	17.24	20.55
Receivables	466.69	406.93	352.2	495.08	503.45
Inventory	147.2	185.82	153.39	200.75	247.88
Other Current Assets	30.1	29.78	289.75	594.06	78.17
Total Current Assets	1,324	1,194	1,301	1,684	1,101
Property, Plant & Equipment	710.72	437.37	369.74	319.6	296.93
Other Intangible Assets	3.32	4.56	2.82	3.38	4.05
Long-Term Deferred Tax Assets	14.51	15.61	12.32	12.07	6.48
Other Long-Term Assets	27.76	297.87	302.99	291.99	271.02
Total Assets	2,080	1,949	1,989	2,311	1,680
Accounts Payable	143.05	118.59	95.05	124.55	177.34
Short-Term Debt	139	60	146.42	642.88	191
Current Portion of Long-Term Debt	46.86	100.11	213.35	227.95	14.74
Current Portion of Leases	6.19	8.04	7.82	9.92	6.41
Current Income Taxes Payable	11.22	34.24	57.14	74.97	23.47
Current Unearned Revenue	6.24	5.79	5.7	10.09	14.54
Other Current Liabilities	83.7	114.31	105.36	129.44	91.5
Total Current Liabilities	436.26	441.08	630.83	1,220	519
Long-Term Debt	82.25	173.94	155.69	105.51	402.16
Long-Term Leases	6.12	10.76	10.44	46.1	11.52
Long-Term Deferred Tax Liabilities	5.14	6.31	2.15	2.04	0.66
Total Liabilities	529.77	632.08	799.11	1,373	933.34
Common Stock	463.57	408.97	408.97	363.97	363.97
Additional Paid-In Capital	419.15	208.42	208.42	88.78	88.78
Retained Earnings	705.29	698.53	572.8	472.93	272.18
Treasury Stock	-38.8	-	-	-	-
Comprehensive Income & Other	1.25	1	-0.09	0.44	0.06
Total Common Equity	1,550	1,317	1,190	926.11	724.99
Minority Interest	-	-	-	11.01	21.64
Shareholders' Equity	1,550	1,317	1,190	937.11	746.62
Total Liabilities & Equity	2,080	1,949	1,989	2,311	1,680
Total Debt	280.42	352.84	533.72	1,032	625.84
Net Cash (Debt)	399.5	218.21	-27.71	-638.72	-353.86
Net Cash Growth	83.08%	-	-	-	-
Net Cash Per Share	8.85	5.32	-0.75	-17.32	-9.66
Filing Date Shares Outstanding	45.66	40.9	40.9	36.4	36.4
Total Common Shares Outstanding	45.66	40.9	40.9	36.4	36.4
Working Capital	887.64	752.51	670.51	463.72	582.48
Book Value Per Share	33.96	32.20	29.10	25.44	19.92
Tangible Book Value	1,547	1,312	1,187	922.72	720.93
Tangible Book Value Per Share	33.89	32.09	29.03	25.35	19.81
Land	-	164.75	164.75	164.75	174.62
Buildings	-	57.09	54.61	56.89	57.5
Machinery	-	114.68	89.82	124.68	143.37
Construction In Progress	-	156.02	108.01	4	2.62

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