RAC Electric Vehicles Inc. (TPEX:2237)

RAC Electric Vehicles Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43.06	56.16	127.98	137.48	377.86	137.82
Cash & Short-Term Investments	153.9	56.16	127.98	137.48	377.86	137.82
Cash Growth	-5.50%	-56.12%	-6.92%	-63.62%	174.17%	187.04%
Accounts Receivable	1,566	1,233	846.9	602.95	299.76	255.52
Other Receivables	-	13.25	31.47	23.31	29.6	20.55
Receivables	1,566	1,246	878.36	626.25	329.37	276.07
Inventory	374.27	351.91	549.14	371.35	278.69	216.34
Prepaid Expenses	62.92	28.57	32.58	43.16	11.01	11.74
Other Current Assets	28.67	138.65	38.44	54.19	13.34	13.79
Total Current Assets	2,186	1,822	1,627	1,232	1,010	655.76
Property, Plant & Equipment	487.05	522.73	518.95	519.76	448.38	50.34
Long-Term Investments	37.24	34.41	25.14	25	-	-
Goodwill	-	6.18	30.28	30.28	-	-
Other Intangible Assets	35.66	32.39	31.88	34.27	7.76	7.56
Long-Term Accounts Receivable	35.04	121.96	235.15	158.98	60.33	47.63
Long-Term Deferred Tax Assets	-	-	0.52	0.52	-	-
Other Long-Term Assets	31.51	33.64	59.22	92.6	99.35	38.82
Total Assets	2,813	2,573	2,528	2,094	1,626	800.11
Accounts Payable	406.09	308.44	206.96	371.39	159.67	153.69
Accrued Expenses	-	31.09	30.55	26.73	16.95	14.63
Short-Term Debt	278.92	224.03	438.49	75.93	29.09	11.76
Current Portion of Long-Term Debt	-	358.19	463.11	47.5	35.91	9.3
Current Portion of Leases	40.57	40.24	38.95	38.45	37.57	8.39
Current Unearned Revenue	119.72	49.88	29.2	112.28	12.8	12.12
Other Current Liabilities	528.32	66.74	52.88	59.09	35.88	18.69
Total Current Liabilities	1,374	1,079	1,260	731.38	327.87	228.58
Long-Term Debt	131.12	188.63	486.49	394.3	152.67	75.24
Long-Term Leases	153.16	173.2	173.25	212.09	249.28	18.67
Long-Term Unearned Revenue	5.3	6.67	8.13	11.07	6.18	-
Long-Term Deferred Tax Liabilities	4.44	4.44	4.74	5.36	-	-
Other Long-Term Liabilities	53.69	57.85	56.97	37.29	9.56	0.2
Total Liabilities	1,721	1,509	1,990	1,391	745.55	322.69
Common Stock	1,208	1,208	1,006	1,008	1,009	849.23
Additional Paid-In Capital	-	533.13	2.9	2.31	392.62	153.84
Retained Earnings	-94.83	-651.1	-451.96	-288.98	-485.27	-501.09
Comprehensive Income & Other	-21.94	-26.69	-28.68	-31.71	-35.85	-24.57
Total Common Equity	1,091	1,064	528.33	689.56	880.54	477.42
Minority Interest	-	-	9.61	12.8	-	-
Shareholders' Equity	1,091	1,064	537.94	702.36	880.54	477.42
Total Liabilities & Equity	2,813	2,573	2,528	2,094	1,626	800.11
Total Debt	603.76	984.28	1,600	768.27	504.52	123.36
Net Cash (Debt)	-449.86	-928.12	-1,472	-630.79	-126.66	14.46
Net Cash Per Share	-3.74	-7.96	-14.73	-6.31	-1.41	0.19
Filing Date Shares Outstanding	120.48	120.83	100.61	100.79	100.9	84.92
Total Common Shares Outstanding	120.48	120.83	100.61	100.79	100.9	84.92
Working Capital	812.43	743.11	366.38	501.06	682.39	427.18
Book Value Per Share	9.06	8.80	5.25	6.84	8.73	5.62
Tangible Book Value	1,056	1,025	466.17	625	872.77	469.86
Tangible Book Value Per Share	8.76	8.48	4.63	6.20	8.65	5.53
Buildings	-	83.61	83.61	73.98	-	-
Machinery	-	254.39	236.92	94.95	60.28	37.34
Construction In Progress	-	3.49	14.26	96.74	123.68	0.86
Leasehold Improvements	-	100.64	71.66	62.68	12.61	11.47

Updated Aug 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.