Shen's Art Printing Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	138.03	166.32	145.52	177.65	177.15	213.78
Trading Asset Securities	-	-	0.26	0.21	0.23	-
Cash & Short-Term Investments	138.03	166.32	145.77	177.86	177.38	213.78
Cash Growth	-54.48%	14.09%	-18.04%	0.27%	-17.03%	75.36%
Accounts Receivable	112.08	144.79	152.97	140.17	145.32	103.72
Other Receivables	1.76	1.65	13.36	21.48	3.25	6.3
Receivables	113.84	146.43	166.33	161.64	148.57	110.02
Inventory	69.87	71.73	64.67	55.65	105.02	88.47
Other Current Assets	33.33	23.01	13.38	13.44	10.69	1.41
Total Current Assets	355.06	407.49	390.15	408.59	441.66	413.67
Property, Plant & Equipment	955.86	869.65	408.36	385.52	422.44	287.06
Long-Term Investments	504.26	478.27	388.3	320.04	323.24	329.22
Other Intangible Assets	2.68	0.63	0.95	1.2	1.66	1.24
Long-Term Deferred Tax Assets	2.13	2.08	2.04	2	1.92	3.35
Other Long-Term Assets	57.14	60.4	49.24	100.35	53.14	52.85
Total Assets	1,877	1,819	1,239	1,218	1,244	1,087
Accounts Payable	88.2	107.98	114.18	99.83	107.94	89.58
Accrued Expenses	-	24.18	24.25	25.86	29.91	20.99
Short-Term Debt	10	10	10	10	-	-
Current Portion of Long-Term Debt	32.95	7.85	9.94	10.99	42.89	-
Current Portion of Leases	2.38	3.52	6.69	6.71	6.66	0.56
Current Income Taxes Payable	-	-	-	0.7	1.52	0.42
Current Unearned Revenue	11.07	18.58	19.53	7.6	21.85	21.19
Other Current Liabilities	114.09	78.99	17.53	15.13	21.45	17.82
Total Current Liabilities	258.69	251.11	202.12	176.82	232.23	150.56
Long-Term Debt	438.76	397.38	35.07	45.28	37.93	-
Long-Term Leases	-	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	18	0.9	0.9	0.9	0.9	11.92
Total Liabilities	715.45	665.87	253.23	248.53	303.8	174.95
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	91.94	104.03	100.51	104.32	110.56	109.22
Comprehensive Income & Other	236.58	209.36	152.47	132.03	94.5	84.96
Total Common Equity	1,047	1,032	971.25	954.61	923.32	912.45
Minority Interest	114.9	121	14.57	14.56	16.94	-
Shareholders' Equity	1,162	1,153	985.82	969.17	940.26	912.45
Total Liabilities & Equity	1,877	1,819	1,239	1,218	1,244	1,087
Total Debt	484.09	419.27	65.74	83.48	104.7	1.55
Net Cash (Debt)	-346.06	-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	-7.40	-5.43	1.72	2.03	1.56	4.56
Filing Date Shares Outstanding	46.52	46.59	46.59	46.59	46.59	46.59
Total Common Shares Outstanding	46.52	46.59	46.59	46.59	46.59	46.59
Working Capital	96.37	156.39	188.04	231.77	209.42	263.11
Book Value Per Share	22.50	22.14	20.85	20.49	19.82	19.58
Tangible Book Value	1,044	1,031	970.3	953.41	921.66	911.2
Tangible Book Value Per Share	22.44	22.13	20.83	20.46	19.78	19.56
Land	-	117.9	117.9	117.9	117.9	117.9
Buildings	-	341.95	341.95	341.72	340.97	338.29
Machinery	-	1,060	1,059	996.42	1,037	807.98
Construction In Progress	-	431.16	-	2.48	0.01	-