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	Mar '25 Mar 31, 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	759.91	496.87	413.78	306.84	185.61	257.49
Short-Term Investments	-	-	15	3.07	-	17.11
Trading Asset Securities	64.25	74.19	77.23	83.73	86.37	45.57
Cash & Short-Term Investments	824.17	571.06	506.01	393.64	271.98	320.17
Cash Growth	62.88%	12.85%	28.55%	44.73%	-15.05%	-
Accounts Receivable	407.57	386.61	337.91	477.84	482.9	332.99
Other Receivables	16.49	20.32	14.29	17.24	20.55	16.74
Receivables	424.06	406.93	352.2	495.08	503.45	349.74
Inventory	183.21	185.82	153.39	200.75	247.88	140.8
Other Current Assets	38.55	29.78	289.75	594.06	78.17	44.24
Total Current Assets	1,470	1,194	1,301	1,684	1,101	854.95
Property, Plant & Equipment	436.22	437.37	369.74	319.6	296.93	295.02
Other Intangible Assets	4.24	4.56	2.82	3.38	4.05	3.77
Long-Term Deferred Tax Assets	17.53	15.61	12.32	12.07	6.48	10.06
Other Long-Term Assets	308.82	297.87	302.99	291.99	271.02	270.39
Total Assets	2,237	1,949	1,989	2,311	1,680	1,434
Accounts Payable	138.58	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	96.16	100.11	213.35	227.95	14.74	59.27
Current Portion of Leases	7.43	8.04	7.82	9.92	6.41	3.46
Current Income Taxes Payable	51.32	34.24	57.14	74.97	23.47	14.8
Current Unearned Revenue	8.23	5.79	5.7	10.09	14.54	8.39
Other Current Liabilities	78.95	114.31	105.36	129.44	91.5	66.09
Total Current Liabilities	440.67	441.08	630.83	1,220	519	444.52
Long-Term Debt	155.46	173.94	155.69	105.51	402.16	311.06
Long-Term Leases	9.21	10.76	10.44	46.1	11.52	3.24
Long-Term Deferred Tax Liabilities	5.67	6.31	2.15	2.04	0.66	0.16
Total Liabilities	611	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	741.4	698.53	572.8	472.93	272.18	200.1
Comprehensive Income & Other	1.68	1	-0.09	0.44	0.06	0.2
Total Common Equity	1,626	1,317	1,190	926.11	724.99	653.03
Minority Interest	-	-	-	11.01	21.64	22.18
Shareholders' Equity	1,626	1,317	1,190	937.11	746.62	675.21
Total Liabilities & Equity	2,237	1,949	1,989	2,311	1,680	1,434
Total Debt	328.26	352.84	533.72	1,032	625.84	524.03
Net Cash (Debt)	495.91	218.21	-27.71	-638.72	-353.86	-203.85
Net Cash Per Share	12.01	5.32	-0.75	-17.32	-9.66	-5.58
Filing Date Shares Outstanding	46.36	40.9	40.9	36.4	36.4	36.4
Total Common Shares Outstanding	46.36	40.9	40.9	36.4	36.4	36.4
Working Capital	1,029	752.51	670.51	463.72	582.48	410.43
Book Value Per Share	35.07	32.20	29.10	25.44	19.92	17.94
Tangible Book Value	1,622	1,312	1,187	922.72	720.93	649.26
Tangible Book Value Per Share	34.98	32.09	29.03	25.35	19.81	17.84
Land	164.75	164.75	164.75	164.75	174.62	174.62
Buildings	57.09	57.09	54.61	56.89	57.5	56.96
Machinery	114.73	114.68	89.82	124.68	143.37	138.71
Construction In Progress	161.01	156.02	108.01	4	2.62	2.64

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