Hermes Testing Solutions 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	708.58	181.54	154.61
Cash & Short-Term Investments	708.58	181.54	154.61
Cash Growth	290.31%	17.42%	-
Accounts Receivable	482.2	270.44	132.16
Other Receivables	9.08	13.71	9.9
Receivables	491.28	284.15	142.07
Inventory	271.91	246.64	141.71
Prepaid Expenses	30.05	57.92	23.74
Other Current Assets	13.18	0.49	0.38
Total Current Assets	1,515	770.74	462.51
Property, Plant & Equipment	515.74	556.92	574.11
Other Intangible Assets	15.16	14.2	7.49
Long-Term Deferred Tax Assets	-	0.02	-
Other Long-Term Assets	20.99	59.89	19.62
Total Assets	2,067	1,402	1,064
Accounts Payable	219.01	65.21	63.71
Accrued Expenses	182.81	95.98	60.88
Short-Term Debt	-	525.44	510
Current Portion of Leases	57.92	21.89	46.63
Current Income Taxes Payable	53.46	-	-
Current Unearned Revenue	4.46	64.73	10.91
Other Current Liabilities	176.81	136.06	96.18
Total Current Liabilities	694.48	909.31	788.31
Long-Term Debt	90.42	125.19	-
Long-Term Leases	19.21	27.7	41.74
Long-Term Deferred Tax Liabilities	-	-	0.03
Total Liabilities	804.1	1,062	830.08
Common Stock	271.77	200	200
Additional Paid-In Capital	653.83	35.81	16.53
Retained Earnings	335.1	66.33	9.34
Comprehensive Income & Other	1.83	37.15	7.49
Total Common Equity	1,263	339.29	233.35
Minority Interest	0.27	0.29	0.31
Shareholders' Equity	1,263	339.57	233.65
Total Liabilities & Equity	2,067	1,402	1,064
Total Debt	167.54	700.22	598.37
Net Cash (Debt)	541.04	-518.68	-443.75
Net Cash Per Share	21.46	-24.74	-22.19
Filing Date Shares Outstanding	27.18	20	20
Total Common Shares Outstanding	27.18	20	20
Working Capital	820.53	-138.57	-325.8
Book Value Per Share	46.46	16.96	11.67
Tangible Book Value	1,247	325.08	225.86
Tangible Book Value Per Share	45.90	16.25	11.29
Machinery	949.19	968.93	728.73
Construction In Progress	-	15.71	2.58
Leasehold Improvements	31.67	16.57	14.01