Forward Electronics Co., Ltd. (TPEX: 8085)

Forward Electronics Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,021	1,132	461.59	289.07	343.07	412.33
Short-Term Investments	101.89	-	400.93	96.88	-	-
Trading Asset Securities	33.5	5.67	7.75	864.29	1,193	1,146
Cash & Short-Term Investments	1,156	1,138	870.27	1,250	1,536	1,558
Cash Growth	54.76%	30.76%	-30.39%	-18.59%	-1.42%	-17.04%
Accounts Receivable	217.42	197.73	284	253.22	247.69	222.12
Other Receivables	10.06	8.07	5.68	28.39	17.37	15.51
Receivables	227.48	205.8	289.68	281.6	265.06	237.63
Inventory	98.44	92.3	147.14	188.84	145.44	127.86
Prepaid Expenses	98.77	2.55	11.74	9.25	8.16	13.25
Other Current Assets	1.49	4.04	3.95	2.43	2.41	2.39
Total Current Assets	1,583	1,443	1,323	1,732	1,957	1,939
Property, Plant & Equipment	581.14	576.61	642.24	666.3	685.1	747.49
Long-Term Investments	878.49	944.72	804.36	363.09	118.36	120.45
Other Intangible Assets	0.47	0.43	0.41	0.6	0.83	8.47
Long-Term Accounts Receivable	-	39.88	28.57	-	-	-
Long-Term Deferred Tax Assets	68.94	68.94	86.39	10.14	10.08	9.46
Other Long-Term Assets	70.18	57.35	60.33	54.7	46.8	47.87
Total Assets	3,182	3,131	2,945	2,827	2,818	2,873
Accounts Payable	112.05	111.8	107.82	167.56	176.04	147.21
Accrued Expenses	-	34.1	37.07	53.36	-	-
Short-Term Debt	-	18	-	-	-	-
Current Portion of Long-Term Debt	24	24	12	12	20	20
Current Portion of Leases	17.87	15.78	28.35	27.19	23.9	27.85
Current Income Taxes Payable	0.24	-	5.1	4.08	1.41	2.16
Current Unearned Revenue	1.95	20.36	9.62	6.1	15.47	3.4
Other Current Liabilities	49.93	23.11	80.41	10.38	86.99	88.21
Total Current Liabilities	206.04	247.15	280.36	280.67	323.81	288.83
Long-Term Debt	957	975	719	731	729.59	739.59
Long-Term Leases	27.68	11	14.69	42.48	51.32	75.01
Long-Term Deferred Tax Liabilities	215.07	215.07	233.04	274	274.01	274
Other Long-Term Liabilities	7.76	7.23	8.57	8.38	6.81	7.47
Total Liabilities	1,414	1,455	1,256	1,337	1,386	1,411
Common Stock	1,400	1,400	1,400	1,400	1,573	1,573
Additional Paid-In Capital	48.72	48.72	48.72	48.72	48.72	48.72
Retained Earnings	2.12	35.67	190	41.03	-172.74	-96.39
Comprehensive Income & Other	317.59	190.94	50.88	1.1	-16.12	-63.22
Total Common Equity	1,768	1,675	1,689	1,491	1,432	1,462
Shareholders' Equity	1,768	1,675	1,689	1,491	1,432	1,462
Total Liabilities & Equity	3,182	3,131	2,945	2,827	2,818	2,873
Total Debt	1,027	1,044	774.03	812.66	824.82	862.46
Net Cash (Debt)	129.86	94.22	96.23	437.58	710.91	695.4
Net Cash Growth	23006.76%	-2.09%	-78.01%	-38.45%	2.23%	7.92%
Net Cash Per Share	0.93	0.67	0.69	3.12	5.08	4.97
Filing Date Shares Outstanding	138.4	139.98	139.98	139.98	139.98	139.98
Total Common Shares Outstanding	138.4	139.98	139.98	139.98	139.98	139.98
Working Capital	1,377	1,196	1,042	1,452	1,633	1,650
Book Value Per Share	12.78	11.97	12.07	10.65	10.23	10.44
Tangible Book Value	1,768	1,675	1,689	1,490	1,432	1,453
Tangible Book Value Per Share	12.77	11.96	12.07	10.64	10.23	10.38
Land	-	463.38	463.38	463.38	463.38	463.38
Buildings	-	182.78	186.57	186.19	180.5	156.21
Machinery	-	440.88	530.49	516.98	540.85	568.28
Leasehold Improvements	-	42.44	43.14	42.53	42.84	42.16

Source: S&P Capital IQ. Standard template. Financial Sources.