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	Jun '25 Jun 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	340.98	320.79	523.02	536.36	292.01	316.55
Short-Term Investments	295.42	338.21	85.89	15.35	13.34	1.09
Trading Asset Securities	5.1	5.06	23.85	22.09	97.54	-
Cash & Short-Term Investments	641.49	664.06	632.75	573.8	402.89	317.64
Cash Growth	67.25%	4.95%	10.27%	42.42%	26.84%	-
Accounts Receivable	843.06	812.03	550.49	654.95	540.52	510.08
Other Receivables	4.68	13.51	6.91	84.15	16.04	13.65
Receivables	847.74	825.55	557.4	739.1	556.56	523.73
Inventory	255.29	242.63	157.41	201.56	199.17	140.99
Prepaid Expenses	-	7.91	4.47	1.78	1.38	-
Other Current Assets	25.73	0.04	0.41	0.92	0.03	5.04
Total Current Assets	1,770	1,740	1,352	1,517	1,160	987.4
Property, Plant & Equipment	639.35	537.49	400.25	374.81	330.97	260.87
Long-Term Investments	44.17	48.5	46.48	48.34	-	-
Other Intangible Assets	17.86	23.3	20.11	13.49	1.99	1.31
Long-Term Deferred Tax Assets	16.9	9.05	9.59	7.82	2.37	0.95
Other Long-Term Assets	32.62	42.08	48.74	24.26	19.65	35.72
Total Assets	2,521	2,401	1,878	1,986	1,515	1,286
Accounts Payable	324.27	373.98	266.17	287.71	322.12	256.59
Accrued Expenses	1.58	215.14	192.78	220.74	194.1	-
Short-Term Debt	192.75	34.75	183.31	74.95	76.31	-
Current Portion of Long-Term Debt	-	-	-	7.22	10.03	56.2
Current Portion of Leases	5.81	7.62	8.54	9.58	10.52	7.58
Current Income Taxes Payable	32.4	14.15	38.96	76.2	31.32	28.07
Current Unearned Revenue	1.97	1.33	0.37	0.73	1.63	0.29
Other Current Liabilities	357.94	78.21	49.25	51.54	54.38	218.19
Total Current Liabilities	916.72	725.18	739.38	728.65	700.41	566.91
Long-Term Debt	58.45	9.85	-	35.48	45.6	52.88
Long-Term Leases	6.4	8.87	14.11	16.58	7.65	12.24
Long-Term Deferred Tax Liabilities	73.48	74.32	54.15	73.33	55.06	33.42
Other Long-Term Liabilities	0.55	0.11	-	-	-	0.62
Total Liabilities	1,056	818.33	807.65	863.13	809.46	666.06
Common Stock	417.17	417.17	375.3	339.97	280	280
Additional Paid-In Capital	566.27	565.51	227.84	225	159.66	150.18
Retained Earnings	517.68	541.21	431.69	504.08	219.44	155.13
Comprehensive Income & Other	-90.13	-34.45	-52.48	-40.67	-50.83	-46.76
Total Common Equity	1,382	1,489	982.36	1,028	608.27	538.55
Minority Interest	83.53	92.83	87.59	94.35	97.25	81.64
Shareholders' Equity	1,466	1,582	1,070	1,123	705.52	620.19
Total Liabilities & Equity	2,521	2,401	1,878	1,986	1,515	1,286
Total Debt	263.4	61.09	205.96	143.8	150.11	128.89
Net Cash (Debt)	378.09	602.97	426.79	429.99	252.78	188.75
Net Cash Growth	24.18%	41.28%	-0.75%	70.11%	33.92%	-
Net Cash Per Share	8.78	14.67	10.70	10.99	7.06	-
Filing Date Shares Outstanding	43.46	43.81	39.42	39.28	35.58	-
Total Common Shares Outstanding	43.46	43.81	39.42	39.28	35.58	-
Working Capital	853.53	1,015	613.05	788.49	459.61	420.49
Book Value Per Share	31.80	34.00	24.92	26.18	17.09	-
Tangible Book Value	1,364	1,466	962.25	1,015	606.28	537.24
Tangible Book Value Per Share	31.39	33.46	24.41	25.84	17.04	-
Land	-	65.71	65.71	65.71	41.59	-
Buildings	-	171.39	165.47	181.66	181.38	-
Machinery	-	405.94	332.92	257.91	254.51	-
Construction In Progress	-	2.71	2.54	0.27	-	-
Leasehold Improvements	-	-	-	-	34.27	-

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