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	Mar '25 Mar 31, 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	656.88	320.79	523.02	536.36	292.01	316.55
Short-Term Investments	0.48	338.21	85.89	15.35	13.34	1.09
Trading Asset Securities	5.08	5.06	23.85	22.09	97.54	-
Cash & Short-Term Investments	662.43	664.06	632.75	573.8	402.89	317.64
Cash Growth	26.15%	4.95%	10.27%	42.42%	26.84%	-
Accounts Receivable	802.88	812.03	550.49	654.95	540.52	510.08
Other Receivables	4.4	13.51	6.91	84.15	16.04	13.65
Receivables	807.28	825.55	557.4	739.1	556.56	523.73
Inventory	290.97	242.63	157.41	201.56	199.17	140.99
Prepaid Expenses	-	7.91	4.47	1.78	1.38	-
Other Current Assets	18.43	0.04	0.41	0.92	0.03	5.04
Total Current Assets	1,779	1,740	1,352	1,517	1,160	987.4
Property, Plant & Equipment	655.87	537.49	400.25	374.81	330.97	260.87
Long-Term Investments	49.9	48.5	46.48	48.34	-	-
Other Intangible Assets	21.12	23.3	20.11	13.49	1.99	1.31
Long-Term Deferred Tax Assets	10.81	9.05	9.59	7.82	2.37	0.95
Other Long-Term Assets	59.79	42.08	48.74	24.26	19.65	35.72
Total Assets	2,577	2,401	1,878	1,986	1,515	1,286
Accounts Payable	355.83	373.98	266.17	287.71	322.12	256.59
Accrued Expenses	1.81	215.14	192.78	220.74	194.1	-
Short-Term Debt	-	34.75	183.31	74.95	76.31	-
Current Portion of Long-Term Debt	125.45	-	-	7.22	10.03	56.2
Current Portion of Leases	7.32	7.62	8.54	9.58	10.52	7.58
Current Income Taxes Payable	23.66	14.15	38.96	76.2	31.32	28.07
Current Unearned Revenue	0.01	1.33	0.37	0.73	1.63	0.29
Other Current Liabilities	356.92	78.21	49.25	51.54	54.38	218.19
Total Current Liabilities	870.99	725.18	739.38	728.65	700.41	566.91
Long-Term Debt	58.38	9.85	-	35.48	45.6	52.88
Long-Term Leases	8.58	8.87	14.11	16.58	7.65	12.24
Long-Term Deferred Tax Liabilities	76.23	74.32	54.15	73.33	55.06	33.42
Other Long-Term Liabilities	0.61	0.11	-	-	-	0.62
Total Liabilities	1,015	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	565.9	565.51	227.84	225	159.66	150.18
Retained Earnings	504.64	541.21	431.69	504.08	219.44	155.13
Comprehensive Income & Other	-22.44	-34.45	-52.48	-40.67	-50.83	-46.76
Total Common Equity	1,465	1,489	982.36	1,028	608.27	538.55
Minority Interest	96.54	92.83	87.59	94.35	97.25	81.64
Shareholders' Equity	1,562	1,582	1,070	1,123	705.52	620.19
Total Liabilities & Equity	2,577	2,401	1,878	1,986	1,515	1,286
Total Debt	199.73	61.09	205.96	143.8	150.11	128.89
Net Cash (Debt)	462.71	602.97	426.79	429.99	252.78	188.75
Net Cash Growth	8.22%	41.28%	-0.75%	70.11%	33.92%	-
Net Cash Per Share	11.58	15.41	11.24	11.54	7.42	-
Filing Date Shares Outstanding	41.84	41.72	37.53	37.4	33.88	-
Total Common Shares Outstanding	41.84	41.72	37.53	37.4	33.88	-
Working Capital	908.12	1,015	613.05	788.49	459.61	420.49
Book Value Per Share	35.02	35.70	26.18	27.50	17.95	-
Tangible Book Value	1,444	1,466	962.25	1,015	606.28	537.24
Tangible Book Value Per Share	34.52	35.15	25.64	27.14	17.90	-
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.