GrandTech Cloud Services Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	179.36	129.79	191.25
Cash & Short-Term Investments	179.36	129.79	191.25
Cash Growth	38.19%	-32.14%	-
Accounts Receivable	276.66	219.28	159.51
Other Receivables	1.94	0.16	0.48
Receivables	278.6	219.44	159.98
Inventory	38.57	18.81	32.6
Prepaid Expenses	230.46	181.38	131.04
Other Current Assets	2.28	2.18	0.75
Total Current Assets	729.26	551.6	515.62
Property, Plant & Equipment	10.91	15.28	9.34
Other Intangible Assets	1.42	2.08	2.76
Long-Term Deferred Tax Assets	1.78	1.59	2.62
Other Long-Term Assets	193.87	137.82	110.42
Total Assets	937.24	708.36	640.76
Accounts Payable	216.09	191.39	127.08
Short-Term Debt	100	-	40
Current Portion of Leases	2.05	2.74	5.9
Current Income Taxes Payable	13.08	10.22	11.91
Current Unearned Revenue	12.64	11.97	14.98
Other Current Liabilities	44.69	39.13	38.07
Total Current Liabilities	388.54	255.45	237.94
Long-Term Leases	3.43	5.47	1.01
Long-Term Unearned Revenue	-	-	1.17
Long-Term Deferred Tax Liabilities	0.59	0.54	1.02
Other Long-Term Liabilities	3.88	3.67	0.56
Total Liabilities	396.44	265.13	241.69
Common Stock	236.26	201.6	168
Additional Paid-In Capital	150.72	132.9	132.9
Retained Earnings	114.57	79.92	69.64
Comprehensive Income & Other	4.43	1.33	1.46
Total Common Equity	505.98	415.76	372.01
Minority Interest	34.83	27.47	27.06
Shareholders' Equity	540.8	443.23	399.07
Total Liabilities & Equity	937.24	708.36	640.76
Total Debt	105.47	8.21	46.91
Net Cash (Debt)	73.89	121.58	144.35
Net Cash Growth	-39.23%	-15.78%	-
Net Cash Per Share	3.14	5.23	6.43
Filing Date Shares Outstanding	23.63	23.18	22.38
Total Common Shares Outstanding	23.63	23.18	22.38
Working Capital	340.72	296.15	277.68
Book Value Per Share	21.42	17.93	16.62
Tangible Book Value	504.55	413.68	369.24
Tangible Book Value Per Share	21.36	17.84	16.50
Machinery	16.63	15.93	16.01
Leasehold Improvements	6.67	6.59	2.97

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.