QNAP Systems 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,230	1,367	1,289	996.65
Short-Term Investments	370.53	10.5	35.9	4.85
Trading Asset Securities	533.69	398.62	1.88	114.09
Cash & Short-Term Investments	2,134	1,776	1,326	1,116
Cash Growth	-13.78%	33.93%	18.89%	-
Accounts Receivable	687.63	777.58	947.85	848.83
Other Receivables	-	0.41	0.66	0.2
Receivables	687.63	777.99	948.51	849.04
Inventory	1,004	1,026	900.2	891.66
Other Current Assets	300.13	198.25	163.14	142.52
Total Current Assets	4,212	3,778	3,338	2,999
Property, Plant & Equipment	2,480	2,548	3,000	2,837
Long-Term Investments	1,227	1,237	2,153	1,849
Other Intangible Assets	20.53	22.14	16.9	23.01
Long-Term Deferred Tax Assets	231.4	212.16	146.12	283.06
Other Long-Term Assets	304.49	357.43	2,411	2,345
Total Assets	8,476	8,156	11,064	10,336
Accounts Payable	358.38	598.51	461.35	334.58
Current Portion of Leases	21.77	17.6	12.06	16.4
Current Income Taxes Payable	338.13	255.74	309.57	485.79
Current Unearned Revenue	70.25	106.77	161.5	157.34
Other Current Liabilities	1,941	1,095	1,077	777.71
Total Current Liabilities	2,937	2,074	2,022	1,772
Long-Term Leases	41.88	41.22	33.93	46
Long-Term Deferred Tax Liabilities	83.69	92.51	93.6	85.86
Other Long-Term Liabilities	5.85	15.37	14.01	12.26
Total Liabilities	3,068	2,223	2,163	1,916
Common Stock	300.05	300.05	1,391	1,391
Additional Paid-In Capital	599.28	399.19	2.86	-
Retained Earnings	4,357	5,008	7,046	6,886
Treasury Stock	-	-	-29.01	-21.39
Comprehensive Income & Other	151.01	225.38	490.29	164.67
Total Common Equity	5,407	5,933	8,901	8,420
Minority Interest	-	-	-	-0.7
Shareholders' Equity	5,407	5,933	8,901	8,420
Total Liabilities & Equity	8,476	8,156	11,064	10,336
Total Debt	271.2	58.82	45.99	62.4
Net Cash (Debt)	1,863	1,717	1,280	1,053
Net Cash Growth	-11.02%	34.15%	21.57%	-
Net Cash Per Share	24.33	23.68	43.87	36.78
Filing Date Shares Outstanding	30.01	30.01	27.75	27.77
Total Common Shares Outstanding	30.01	30.01	27.75	27.77
Working Capital	1,275	1,704	1,317	1,227
Book Value Per Share	180.21	197.72	320.75	303.20
Tangible Book Value	5,387	5,911	8,884	8,397
Tangible Book Value Per Share	179.53	196.99	320.14	302.38
Land	1,092	1,113	1,231	1,094
Buildings	1,492	1,442	1,871	1,786
Machinery	744.69	757.63	738.13	668.96
Construction In Progress	13.43	73.32	1.31	4.51
Leasehold Improvements	97.35	94.78	94.78	92.2

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