Hermes Testing Solutions 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	290.5	181.54	154.61
Cash & Short-Term Investments	290.5	181.54	154.61
Cash Growth	-	17.42%	-
Accounts Receivable	313.21	270.44	132.16
Other Receivables	5.23	13.71	9.9
Receivables	318.44	284.15	142.07
Inventory	459.21	246.64	141.71
Prepaid Expenses	3.34	57.92	23.74
Other Current Assets	16.82	0.49	0.38
Total Current Assets	1,088	770.74	462.51
Property, Plant & Equipment	609.82	556.92	574.11
Other Intangible Assets	9.45	14.2	7.49
Long-Term Deferred Tax Assets	-	0.02	-
Other Long-Term Assets	35.14	59.89	19.62
Total Assets	1,743	1,402	1,064
Accounts Payable	227.03	65.21	63.71
Accrued Expenses	82.09	95.98	60.88
Short-Term Debt	498	525.44	510
Current Portion of Leases	56.81	21.89	46.63
Current Unearned Revenue	64.34	64.73	10.91
Other Current Liabilities	130.5	136.06	96.18
Total Current Liabilities	1,095	909.31	788.31
Long-Term Debt	111.28	125.19	-
Long-Term Leases	41.65	27.7	41.74
Long-Term Deferred Tax Liabilities	-	-	0.03
Total Liabilities	1,248	1,062	830.08
Common Stock	256.77	200	200
Additional Paid-In Capital	54.44	35.81	16.53
Retained Earnings	185.7	66.33	9.34
Comprehensive Income & Other	-2.57	37.15	7.49
Total Common Equity	494.35	339.29	233.35
Minority Interest	0.29	0.29	0.31
Shareholders' Equity	494.64	339.57	233.65
Total Liabilities & Equity	1,743	1,402	1,064
Total Debt	721.65	700.22	598.37
Net Cash (Debt)	-431.15	-518.68	-443.75
Net Cash Per Share	-18.69	-24.74	-22.19
Filing Date Shares Outstanding	25.68	20	20
Total Common Shares Outstanding	25.68	20	20
Working Capital	-6.85	-138.57	-325.8
Book Value Per Share	19.25	16.96	11.67
Tangible Book Value	484.89	325.08	225.86
Tangible Book Value Per Share	18.88	16.25	11.29
Machinery	825.93	813.22	728.73
Construction In Progress	11.2	15.71	2.58
Leasehold Improvements	20.47	16.57	14.01

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