Shen's Art Printing Co., Ltd. (TPEX:8921)

Shen's Art Printing Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	97.94	166.32	145.52	177.65	177.15	213.78
Trading Asset Securities	-	-	0.26	0.21	0.23	-
Cash & Short-Term Investments	97.94	166.32	145.77	177.86	177.38	213.78
Cash Growth	-40.83%	14.09%	-18.04%	0.27%	-17.03%	75.36%
Accounts Receivable	123.97	144.79	152.97	140.17	145.32	103.72
Other Receivables	2.69	1.65	13.36	21.48	3.25	6.3
Receivables	126.66	146.43	166.33	161.64	148.57	110.02
Inventory	76.36	71.73	64.67	55.65	105.02	88.47
Other Current Assets	36.95	23.01	13.38	13.44	10.69	1.41
Total Current Assets	337.91	407.49	390.15	408.59	441.66	413.67
Property, Plant & Equipment	986.3	869.65	408.36	385.52	422.44	287.06
Long-Term Investments	680.25	478.27	388.3	320.04	323.24	329.22
Other Intangible Assets	2.28	0.63	0.95	1.2	1.66	1.24
Long-Term Deferred Tax Assets	2.15	2.08	2.04	2	1.92	3.35
Other Long-Term Assets	60.27	60.4	49.24	100.35	53.14	52.85
Total Assets	2,069	1,819	1,239	1,218	1,244	1,087

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	101.9	107.98	114.18	99.83	107.94	89.58
Accrued Expenses	19.94	24.18	24.25	25.86	29.91	20.99
Short-Term Debt	13.19	10	10	10	-	-
Current Portion of Long-Term Debt	31.06	7.85	9.94	10.99	42.89	-
Current Portion of Leases	6.58	3.52	6.69	6.71	6.66	0.56
Current Income Taxes Payable	-	-	-	0.7	1.52	0.42
Current Unearned Revenue	10.98	18.58	19.53	7.6	21.85	21.19
Other Current Liabilities	54.35	78.99	17.53	15.13	21.45	17.82
Total Current Liabilities	237.99	251.11	202.12	176.82	232.23	150.56
Long-Term Debt	536.15	397.38	35.07	45.28	37.93	-
Long-Term Leases	25.18	0.53	4.05	10.5	17.21	0.98
Pension & Post-Retirement Benefits	-	-	3.22	6.21	9.29	11.48
Long-Term Deferred Tax Liabilities	-	15.96	7.87	8.81	6.23	-
Other Long-Term Liabilities	22.54	0.9	0.9	0.9	0.9	11.92
Total Liabilities	821.86	665.87	253.23	248.53	303.8	174.95

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	465.92	465.92	465.92	465.92	465.92	465.92
Additional Paid-In Capital	252.34	252.34	252.34	252.34	252.34	252.34
Retained Earnings	61.81	104.03	100.51	104.32	110.56	109.22
Comprehensive Income & Other	359.14	209.36	152.47	132.03	94.5	84.96
Total Common Equity	1,139	1,032	971.25	954.61	923.32	912.45
Minority Interest	108.08	121	14.57	14.56	16.94	-
Shareholders' Equity	1,247	1,153	985.82	969.17	940.26	912.45
Total Liabilities & Equity	2,069	1,819	1,239	1,218	1,244	1,087

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	612.16	419.27	65.74	83.48	104.7	1.55
Net Cash (Debt)	-514.22	-252.96	80.03	94.38	72.68	212.23
Net Cash Growth	-	-	-15.20%	29.84%	-65.75%	76.03%
Net Cash Per Share	-11.04	-5.43	1.72	2.03	1.56	4.56
Filing Date Shares Outstanding	46.59	46.59	46.59	46.59	46.59	46.59
Total Common Shares Outstanding	46.59	46.59	46.59	46.59	46.59	46.59
Working Capital	99.93	156.39	188.04	231.77	209.42	263.11
Book Value Per Share	24.45	22.14	20.85	20.49	19.82	19.58
Tangible Book Value	1,137	1,031	970.3	953.41	921.66	911.2
Tangible Book Value Per Share	24.40	22.13	20.83	20.46	19.78	19.56
Land	117.9	117.9	117.9	117.9	117.9	117.9
Buildings	343.39	341.95	341.95	341.72	340.97	338.29
Machinery	1,261	1,060	1,059	996.42	1,037	807.98
Construction In Progress	334.95	431.16	-	2.48	0.01	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 29, 2026

Data Sources Report a data error