VSO Electronics Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	547.63	320.79	523.02	536.36	292.01	316.55
Short-Term Investments	-	338.21	85.89	15.35	13.34	1.09
Trading Asset Securities	5.11	5.06	23.85	22.09	97.54	-
Cash & Short-Term Investments	552.75	664.06	632.75	573.8	402.89	317.64
Cash Growth	-22.36%	4.95%	10.27%	42.42%	26.84%	-
Accounts Receivable	987.04	812.03	550.49	654.95	540.52	510.08
Other Receivables	9.61	13.51	6.91	84.15	16.04	13.65
Receivables	996.65	825.55	557.4	739.1	556.56	523.73
Inventory	292.05	242.63	157.41	201.56	199.17	140.99
Prepaid Expenses	14.28	7.91	4.47	1.78	1.38	-
Other Current Assets	0.88	0.04	0.41	0.92	0.03	5.04
Total Current Assets	1,857	1,740	1,352	1,517	1,160	987.4
Property, Plant & Equipment	691.02	537.49	400.25	374.81	330.97	260.87
Long-Term Investments	46.51	48.5	46.48	48.34	-	-
Other Intangible Assets	18.02	23.3	20.11	13.49	1.99	1.31
Long-Term Deferred Tax Assets	11.01	9.05	9.59	7.82	2.37	0.95
Other Long-Term Assets	23.44	42.08	48.74	24.26	19.65	35.72
Total Assets	2,647	2,401	1,878	1,986	1,515	1,286
Accounts Payable	422.04	373.98	266.17	287.71	322.12	256.59
Accrued Expenses	203.36	215.14	192.78	220.74	194.1	-
Short-Term Debt	143.33	34.75	183.31	74.95	76.31	-
Current Portion of Long-Term Debt	-	-	-	7.22	10.03	56.2
Current Portion of Leases	9.2	7.62	8.54	9.58	10.52	7.58
Current Income Taxes Payable	24.76	14.15	38.96	76.2	31.32	28.07
Current Unearned Revenue	1.41	1.33	0.37	0.73	1.63	0.29
Other Current Liabilities	128.81	78.21	49.25	51.54	54.38	218.19
Total Current Liabilities	932.91	725.18	739.38	728.65	700.41	566.91
Long-Term Debt	58.51	9.85	-	35.48	45.6	52.88
Long-Term Leases	9.51	8.87	14.11	16.58	7.65	12.24
Pension & Post-Retirement Benefits	-	-	-	9.09	0.74	-
Long-Term Deferred Tax Liabilities	76.53	74.32	54.15	73.33	55.06	33.42
Other Long-Term Liabilities	-	0.11	-	-	-	0.62
Total Liabilities	1,078	818.33	807.65	863.13	809.46	666.06
Common Stock	438.49	417.17	375.3	339.97	280	280
Additional Paid-In Capital	568.36	565.51	227.84	225	159.66	150.18
Retained Earnings	585.99	541.21	431.69	504.08	219.44	155.13
Comprehensive Income & Other	-85.51	-34.45	-52.48	-40.67	-50.83	-46.76
Total Common Equity	1,478	1,489	982.36	1,028	608.27	538.55
Minority Interest	90.3	92.83	87.59	94.35	97.25	81.64
Shareholders' Equity	1,569	1,582	1,070	1,123	705.52	620.19
Total Liabilities & Equity	2,647	2,401	1,878	1,986	1,515	1,286
Total Debt	220.54	61.09	205.96	143.8	150.11	128.89
Net Cash (Debt)	332.21	602.97	426.79	429.99	252.78	188.75
Net Cash Growth	-44.96%	41.28%	-0.75%	70.11%	33.92%	-
Net Cash Per Share	7.56	14.67	10.70	10.99	7.06	-
Filing Date Shares Outstanding	43.85	43.81	39.42	39.28	35.58	-
Total Common Shares Outstanding	43.85	43.81	39.42	39.28	35.58	-
Working Capital	923.7	1,015	613.05	788.49	459.61	420.49
Book Value Per Share	33.72	34.00	24.92	26.18	17.09	-
Tangible Book Value	1,460	1,466	962.25	1,015	606.28	537.24
Tangible Book Value Per Share	33.30	33.46	24.41	25.84	17.04	-
Land	97.58	65.71	65.71	65.71	41.59	-
Buildings	178.99	171.39	165.47	181.66	181.38	-
Machinery	496.97	405.94	332.92	257.91	254.51	-
Construction In Progress	70.59	2.71	2.54	0.27	-	-
Leasehold Improvements	-	-	-	-	34.27	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.